These are debt securities that Huntington has the intent and ability to hold until maturity. The debt securities are carried at amortized cost and adjusted for amortization of premiums and accretion of discounts using the interest method.

Huntington transferred $469.1 million of federal agencies, mortgage-backed securities from the available-for-sale securities portfolio to the held-to-maturity securities portfolio in the 2011 second quarter. The securities were reclassified at fair value at the date of transfer. At the time of the transfer, $0.5 million of unrealized net gains were recognized in OCI. The amounts in OCI will be recognized in earnings over the remaining life of the securities as an offset to the adjustment of yield in a manner consistent with the amortization of the premium on the same transferred securities, resulting in an immaterial impact on net income.

During 2011, Huntington purchased additional federal agencies, mortgage-backed securities, which were classified directly into the held-to-maturity portfolio.

Listed below are the contractual maturities (under 1 year, 1-5 years, 6-10 years, and over 10 years) of held-to-maturity securities at September 30, 2011. There were no securities classified as held-to-maturity at December 31, 2010 or September 30, 2010.

				September 30, 2011
				Amortized		Fair
(dollar amounts in thousands)				Cost		Value
	Federal agencies: mortgage-backed securities:
		Under 1 year	$	---	$	---
		1-5 years		---		---
		6-10 years		---		---
		Over 10 years		658,250		682,897
	Total Federal agencies: mortgage-backed securities			658,250		682,897
Total U.S. Government backed agencies				658,250		682,897
Total held-to-maturity securities			$	658,250	$	682,897

The following table provides amortized cost, gross unrealized gains and losses, and fair value by investment category at September 30, 2011:

					Unrealized
			Amortized		Gross		Gross		Fair
(dollar amounts in thousands)			Cost		Gains		Losses		Value
September 30, 2011
Federal Agencies:
	Mortgage-backed securities	$	658,250	$	24,647	$	---	$	682,897
Total U.S. Government
	backed securities		658,250		24,647		---		682,897
Total held-to-maturity securities		$	658,250	$	24,647	$	---	$	682,897