Huntington Bancshares Inc/MD – ‘NT 10-Q’ for 3/31/03

On:  Friday, 5/16/03, at 3:22pm ET   ·   Effective:  5/16/03   ·   For:  3/31/03   ·   Accession #:  950152-3-5627   ·   File #:  0-02525

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Notice of a Late Filing of a Form 10-Q   —   Form 12b-25
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: NT 10-Q     Huntington Bancshares Incorporated                     3     12K 

NT 10-Q
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 FORM 12b-25

 NOTIFICATION OF LATE FILING

                                                              0-2525
                                                             SEC FILE NUMBER

                                                               446150104
                                                              CUSIP NUMBER

 [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] FORM 10-Q

 [ ] Form N-SAR [ ] Form N-CSR

For the period ended:  MARCH 31, 2003                         

[  ] Transition Report on Form 10-K                           
[  ] Transition Report on Form 20-F                           
[  ] Transition Report on Form 11-K                           
[  ] Transition Report on Form 10-Q                           
[  ] Transition Report on Form N-SAR                          

For the period ended:      N/A                                
-------------     

NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS        
VERIFIED ANY INFORMATION CONTAINED HEREIN.                                      

If the notification relates to a portion of the filing checked above, identify  
the Item(s) to which the notification relates: N/A                              

PART I - REGISTRANT INFORMATION                                                 

Full Name of Registrant:   HUNTINGTON BANCSHARES INCORPORATED                   

Address and Phone Number:  41 SOUTH HIGH STREET                                 
COLUMBUS, OHIO  43287     
614-480-8300              

NT 10-Q
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PART II - RULE 12b-25(b) AND (c)                                                

         If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the         
following should be completed. (Check box if appropriate). [X]                  

(a)      The reasons described in reasonable detail in Part III of this form    
 could not be eliminated without unreasonable effort or expense.

(b)      The subject quarterly report on Form 10-Q will be filed on or before   
the fifth calendar day following the prescribed due date.     

PART III - NARRATIVE                                                            

      On April 16, 2003, Huntington Bancshares Incorporated ("Huntington")
issued a news release announcing its earnings for the first quarter ended March 
31, 2003, and its intent to restate prior period earnings resulting from the    
reclassification of approximately $3 billion of automobile leases from direct   
finance leases to operating leases.                                             

        Huntington had intended to reclassify its entire $3 billion automobile
lease portfolio from the direct financing lease method to the operating lease   
method of accounting. However, management has been advised that SEC staff made  
an announcement at the May 15, 2003, meeting of the Emerging Issues Task Force  
("EITF") regarding an interpretation of Statement of Financial Accounting       
Standards ("FAS") No. 13, Accounting for Leases, that may permit a portion of   
Huntington's automobile leases to be appropriately accounted for as direct      
finance leases rather than operating leases. Huntington needs additional time to
determine if the outcome of this development will impact Huntington's decision  
to reclassify all of its automobile leases as operating leases and make any     
necessary adjustments in its first quarter Form 10-Q.                           

      For these reasons, Huntington will not be able to file its Form 10-Q
for the quarter ended March 31, 2003, within the prescribed period, without     
unreasonable effort or expense.                                                 

NT 10-Q
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PART IV - OTHER INFORMATION                                                     

      (1) Name and telephone number of person to contact in regard to this
notification:                                                                   

Mary Beth M. Clary, Esq.                                      
Porter, Wright, Morris & Arthur LLP                           
5801 Pelican Bay Blvd. Suite 300                              
Naples, Florida  34108                                        
239-593-2959                                                  

        (2) Have all other periodic reports required under section 13 or 15(d)
of the Securities Exchange Act of 1934 or section 30 of the Investment Company  
Act of 1940 during the preceding 12 months or for such shorter period that the  
registrant was required to file such reports been filed? If the answer is no,   
identify the reports.                                                           

                                 [X] Yes  [ ] No

 (3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be       
reflected by the earnings statements to be included in the subject report or    
portion thereof?                                                                

                                 [X] Yes  [ ] No

Explanation of Anticipated Change:                                              

    Huntington believes that the SEC staff interpretation could have a
significant impact on Huntington's results of operation because a portion of its
automobile lease portfolio may be appropriately accounted for as direct finance 
leases rather than operating leases. Until Huntington has determined if this    
development will impact its decision to reclassify all of its automobile leases 
as operating leases and, if so, makes appropriate adjustments to its financial  
statements, Huntington is unable to quantify the change.                        

SIGNATURES

       Huntington Bancshares Incorporated has caused this notification to be
signed on its behalf by the undersigned thereunto duly authorized.              

                                        HUNTINGTON BANCSHARES INCORPORATED

Date:   May 16, 2003                 By:  /s/ Michael J. McMennamin             
                                        ----------------------------------------
                                         Michael J. McMennamin, Vice Chairman,
                                         Chief Financial Officer and Treasurer

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘NT 10-Q’ Filing		Date		First		Last			Other Filings
Filed on / Effective on:		5/16/03		3
		5/15/03		2
		4/16/03		2					8-K
For Period End:		3/31/03		1		2			10-Q,  10-Q/A,  11-K
									List all Filings