EXHIBIT 99
HUNTINGTON BANCSHARES INCORPORATED
RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
THREE MONTHS ENDED
MARCH 31,
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(in thousands of dollars) 2002 2001
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EARNINGS:
Income before taxes $224,902 $ 93,294
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Add: Fixed charges, excluding
interest on deposits 44,119 93,342
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Earnings available for fixed charges,
excluding interest on deposits 269,021 186,636
Add: Interest on deposits 109,967 185,081
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Earinings available for fixed charges,
including interest on deposits $378,988 $371,717
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FIXED CHARGES:
Interest expense, excluding
interest on deposits 40,803 89,770
Interest factor in net rental expense 3,316 3,572
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Total fixed charges, excluding
interest on deposits 44,119 93,342
Add: Interest on deposits 109,967 185,081
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Total fixed charges, including
interest on deposits $154,086 $278,423
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RATIO OF EARNINGS TO FIXED CHARGES
Excluding interest on deposits 6.10 x 2.00 x
Including interest on deposits 2.46 x 1.34 x