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EXHIBIT 99
Huntington Bancshares Incorporated
Ratio of Earnings to Fixed Charges
THREE MONTHS ENDED YEAR ENDED
DECEMBER 31, DECEMBER 31,
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2000 1999 2000 1999
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EXCLUDING INTEREST ON DEPOSITS
Income before taxes (1) $ 107,217 $ 149,970 $ 509,895 $ 603,032
Fixed charges:
Interest expense 100,040 92,231 383,997 344,635
Interest factor of rent expense 3,613 3,929 14,217 11,928
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Total fixed charges 103,653 96,160 398,214 356,563
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Earnings $ 210,870 $ 246,130 $ 908,109 $ 959,595
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Fixed charges $ 103,653 $ 96,160 $ 398,214 $ 356,563
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Ratio of Earnings to Fixed Charges 2.03 X 2.56 X 2.28 X 2.69 X
INCLUDING INTEREST ON DEPOSITS
Income before taxes (1) $ 107,217 $ 149,970 $ 509,895 $ 603,032
Fixed charges:
Interest expense 304,595 262,854 1,166,073 984,240
Interest factor of rent expense 3,613 3,929 14,217 11,928
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Total fixed charges 308,208 266,783 1,180,290 996,168
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Earnings $ 415,425 $ 416,753 $1,690,185 $1,599,200
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Fixed charges $ 308,208 $ 266,783 $1,180,290 $ 996,168
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Ratio of Earnings to Fixed Charges 1.35 X 1.56 X 1.43 X 1.61 X
(1) Excludes special charges and 1999 gain on sale of credit card portfolio.