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Available-for-Sale and Other Securities (Tables)
9 Months Ended
Sep. 30, 2011
Securities [Abstract] 
Contractual maturities of investment securities

Listed below are the contractual maturities (under 1 year, 1-5 years, 6-10 years, and over 10 years) of available-for-sale and other securities at September 30, 2011, December 31, 2010, and September 30, 2010:

    September 30, 2011  December 31, 2010  September 30, 2010
    Amortized      Amortized      Amortized    
(dollar amounts in thousands) Cost   Fair Value   Cost   Fair Value   Cost   Fair Value
 U.S. Treasury:                 
  Under 1 year$ --- $ --- $ --- $ --- $ 49,998 $ 50,334
  1-5 years  51,939   52,793   52,425   51,781   ---   ---
  6-10 years  510   528   ---   ---   ---   ---
  Over 10 years  ---   ---   ---   ---   ---   ---
 Total U.S. Treasury  52,449   53,321   52,425   51,781   49,998   50,334
 Federal agencies: mortgage-backed securities:                 
  Under 1 year  ---   ---   ---   ---   ---   ---
  1-5 years  227,117   227,885   ---   ---   ---   ---
  6-10 years  406,019   416,966   656,176   664,793   715,725   731,869
  Over 10 years  3,699,665   3,790,395  4,077,655  4,089,611  3,825,377  3,951,671
 Total Federal agencies: mortgage-backed securities 4,332,801   4,435,246  4,733,831  4,754,404  4,541,102  4,683,540
 TLGP securities:                 
  Under 1 year  105,267   105,537   156,450   157,931   50,148   50,564
  1-5 years  ---   ---   25,230   25,536   527,581   530,350
  6-10 years  ---   ---   ---   ---   ---   ---
  Over 10 years  ---   ---   ---   ---   ---   ---
 Total TLGP securities  105,267   105,537   181,680   183,467   577,729   580,914
 Other agencies:                 
  Under 1 year  101,509   102,056   158,273   159,288   114,396   115,200
  1-5 years  1,012,874   1,022,914  1,898,867  1,885,230  1,890,250  1,903,181
  6-10 years  12,138   12,984   13,082   13,359   13,232   13,794
  Over 10 years  ---   ---   500   499   ---   ---
 Total other agencies  1,126,521   1,137,954  2,070,722  2,058,376  2,017,878  2,032,175
Total U.S. Government backed agencies  5,617,038   5,732,058  7,038,658  7,048,028  7,186,707  7,346,963
Municipal securities:                 
 Under 1 year  855   855   ---   ---   ---   ---
 1-5 years  182,875   186,856   149,151   148,587   61,488   63,329
 6-10 years 105,874   110,165   124,552   125,656   67,297   70,466
 Over 10 years  112,787   115,513   182,341   181,472   230,485   234,077
Total municipal securities  402,391   413,389   456,044   455,715   359,270   367,872
Private-label CMO:                 
 Under 1 year  ---   ---   ---   ---   ---   ---
 1-5 years  ---   ---   ---   ---   ---   ---
 6-10 years  12,791   12,883   10,429   10,887   13,004   13,424
 Over 10 years  77,618   66,017   124,080   111,038   282,639   262,800
Total private-label CMO  90,409   78,900   134,509   121,925   295,643   276,224
Asset-backed securities:                 
 Under 1 year  ---   ---   19,669   19,694   40,000   40,115
 1-5 years  631,103   635,556   697,001   700,749   657,980   664,940
 6-10 years  165,722   167,483   323,411   323,995   273,246   274,611
 Over 10 years  287,945   153,019   301,326   162,684   349,527   197,958
Total asset-backed securities (1)  1,084,770   956,058  1,341,407  1,207,122  1,320,753  1,177,624
Covered bonds:                 
 Under 1 year  ---   ---   ---   ---   ---   ---
 1-5 years  698,671   703,630   379,711   367,209   150,391   151,310
 6-10 years  ---   ---   ---   ---   ---   ---
 Over 10 years  ---   ---   ---   ---   ---   ---
Total covered bonds  698,671   703,630   379,711   367,209   150,391   151,310
Corporate debt:                 
 Under 1 year  ---   ---   ---   ---   ---   ---
 1-5 years  459,098   454,852   329,988   323,389   30,000   30,154
 6-10 years  ---   ---   ---   ---   ---   ---
 Over 10 years  ---   ---   ---   ---   ---   ---
Total corporate debt  459,098   454,852   329,988   323,389   30,000   30,154
Other:                 
 Under 1 year  750   750   800   802   300   305
 1-5 years  8,216   8,411   7,810   8,009   7,486   7,715
 6-10 years  912   966   1,007   1,037   1,205   1,336
 Over 10 years  ---   ---   ---   ---   ---   ---
 Non-marketable equity securities  310,280   310,280   308,722   308,722   310,142   310,142
 Marketable equity securities  55,039   54,236   53,944   53,286   54,649   53,913
Total other  375,197   374,643   372,283   371,856   373,782   373,411
Total available-for-sale and other securities$8,727,574 $8,713,530 $10,052,600 $9,895,244 $9,716,546 $9,723,558
                    
(1) Amounts at September 30, 2011, December 31, 2010, and September 30, 2010 include automobile asset backed securities with a fair value of $189 million, $509 million and $564 million, respectively, which meet the eligibility requirements for the Term Asset-Backed Securities Loan Facility, or "TALF," administered by the Federal Reserve Bank of New York.
Amortized cost, fair value, and gross unrealized gains and losses recognized in accumulated other comprehensive income
      Unrealized   
   Amortized  Gross  Gross  Fair
(dollar amounts in thousands) Cost  Gains  Losses  Value
September 30, 2011           
U.S. Treasury$ 52,449 $ 872 $ --- $ 53,321
Federal agencies:           
 Mortgage-backed securities  4,332,801   104,884   (2,439)   4,435,246
 TLGP securities  105,267   270   ---   105,537
 Other agencies  1,126,521   11,505   (72)   1,137,954
Total U.S. Government           
 backed securities  5,617,038   117,531   (2,511)   5,732,058
Municipal securities  402,391   11,023   (25)   413,389
Private-label CMO  90,409   745   (12,254)   78,900
Asset-backed securities  1,084,770   6,306   (135,018)   956,058
Covered bonds  698,671   8,203   (3,244)   703,630
Corporate debt  459,098   347   (4,593)   454,852
Other securities  375,197   448   (1,002)   374,643
Total available-for-sale and other securities$ 8,727,574 $ 144,603 $ (158,647) $ 8,713,530
             
      Unrealized   
   Amortized  Gross  Gross  Fair
(dollar amounts in thousands) Cost  Gains  Losses  Value
December 31, 2010           
U.S. Treasury$ 52,425 $ --- $ (644) $ 51,781
Federal agencies:           
 Mortgage-backed securities  4,733,831   71,901   (51,328)   4,754,404
 TLGP securities  181,680   1,787   ---   183,467
 Other agencies  2,070,722   4,874   (17,220)   2,058,376
Total U.S. Government           
 backed securities  7,038,658   78,562   (69,192)   7,048,028
Municipal securities  456,044   6,154   (6,483)   455,715
Private-label CMO  134,509   1,236   (13,820)   121,925
Asset-backed securities  1,341,407   6,563   (140,848)   1,207,122
Covered bonds  379,711   ---   (12,502)   367,209
Corporate debt  329,988   24   (6,623)   323,389
Other securities  372,283   364   (791)   371,856
Total available-for-sale and other securities$ 10,052,600 $ 92,903 $ (250,259) $ 9,895,244
             
      Unrealized   
   Amortized  Gross  Gross  Fair
(dollar amounts in thousands) Cost  Gains  Losses  Value
September 30, 2010           
U.S. Treasury$ 49,998 $ 336 $ --- $ 50,334
Federal agencies:           
 Mortgage-backed securities  4,541,102   142,537   (99)   4,683,540
 TLGP securities  577,729   3,185   ---   580,914
 Other agencies  2,017,878   14,420   (123)   2,032,175
Total U.S. Government           
 backed securities  7,186,707   160,478   (222)   7,346,963
Municipal securities  359,270   8,776   (174)   367,872
Private-label CMO  295,643   1,177   (20,596)   276,224
Asset-backed securities  1,320,753   8,928   (152,057)   1,177,624
Covered bonds  150,391   929   (10)   151,310
Corporate debt  30,000   154   ---   30,154
Other securities  373,782   439   (810)   373,411
Total available-for-sale and other securities$ 9,716,546 $ 180,881 $ (173,869) $ 9,723,558
             
Investment securities in an unrealized loss position
   Less than 12 Months  Over 12 Months  Total
   Fair  Unrealized   Fair  Unrealized   Fair  Unrealized
(dollar amounts in thousands ) Value  Losses  Value  Losses  Value  Losses
September 30, 2011                 
U.S. Treasury$ --- $ --- $ --- $ --- $ --- $ ---
Federal agencies:                 
 Mortgage-backed securities  386,727   (2,439)   ---   ---   386,727   (2,439)
 TLGP securities  ---   ---   ---   ---   ---   ---
 Other agencies  151,404   (67)   1,902   (5)   153,306   (72)
Total U.S. Government                 
 backed securities  538,131   (2,506)   1,902   (5)   540,033   (2,511)
Municipal securities  3,508   (6)   3,801   (19)   7,309   (25)
Private-label CMO  13,309   (86)   53,934   (12,168)   67,243   (12,254)
Asset-backed securities  92,200   (93)   143,709   (134,925)   235,909   (135,018)
Covered bonds  214,939   (3,244)   ---   ---   214,939   (3,244)
Corporate debt  394,000   (4,593)   ---   ---   394,000   (4,593)
Other securities  2,208   (118)   2,118   (884)   4,326   (1,002)
                   
Total temporarily impaired securities$ 1,258,295 $ (10,646) $ 205,464 $ (148,001) $ 1,463,759 $ (158,647)
                   
   Less than 12 Months  Over 12 Months  Total
   Fair  Unrealized   Fair  Unrealized   Fair  Unrealized
(dollar amounts in thousands ) Value  Losses  Value  Losses  Value  Losses
December 31, 2010                 
U.S. Treasury$ 51,781 $ (644) $ --- $ --- $ 51,781 $ (644)
Federal agencies:                 
 Mortgage-backed securities  1,424,431   (51,328)   ---   ---   1,424,431   (51,328)
 TLGP securities  ---   ---   ---   ---   ---   ---
 Other agencies  1,217,074   (17,134)   4,771   (86)   1,221,845   (17,220)
Total U.S. Government                 
 backed securities  2,693,286   (69,106)   4,771   (86)   2,698,057   (69,192)
Municipal securities  201,370   (6,363)   3,700   (120)   205,070   (6,483)
Private-label CMO  ---   ---   85,617   (13,820)   85,617   (13,820)
Asset-backed securities  214,983   (2,129)   146,866   (138,719)   361,849   (140,848)
Covered bonds  367,209   (12,502)   ---   ---   367,209   (12,502)
Corporate debt  288,660   (6,623)   ---   ---   288,660   (6,623)
Other securities  ---   ---   41,218   (791)   41,218   (791)
                   
Total temporarily impaired securities$ 3,765,508 $ (96,723) $ 282,172 $ (153,536) $ 4,047,680 $ (250,259)
                   
   Less than 12 Months  Over 12 Months  Total
   Fair  Unrealized   Fair  Unrealized   Fair  Unrealized
(dollar amounts in thousands ) Value  Losses  Value  Losses  Value  Losses
September 30, 2010                 
U.S. Treasury$ --- $ --- $ --- $ --- $ --- $ ---
Federal agencies:                 
 Mortgage-backed securities  49,491   (99)   ---   ---   49,491   (99)
 TLGP securities  ---   ---   ---   ---   ---   ---
 Other agencies  249,879   (121)   502   (2)   250,381   (123)
Total U.S. Government                 
 backed securities  299,370   (220)   502   (2)   299,872   (222)
Municipal securities  23,621   (168)   3,814   (6)   27,435   (174)
Private-label CMO  ---   ---   172,450   (20,596)   172,450   (20,596)
Asset-backed securities  79,753   (391)   179,729   (151,666)   259,482   (152,057)
Covered bonds  25,335   (10)   ---   ---   25,335   (10)
Corporate debt  ---   ---   ---   ---   ---   ---
Other securities  39,164   (635)   459   (175)   39,623   (810)
                   
Total temporarily impaired securities$ 467,243 $ (1,424) $ 356,954 $ (172,445) $ 824,197 $ (173,869)
Realized securities gains and losses

The following table is a summary of realized securities gains and losses for the three-month and nine-month periods ended September 30, 2011 and 2010:

   Three Months Ended  Nine Months Ended
   September 30,  September 30,
(dollar amounts in thousands) 2011  2010  2011  2010
 Gross gains on sales of securities$ 174 $ 7,930 $ 16,532 $ 22,811
 Gross (losses) on sales of securities  (160)   (5,509)   (10,624)   (10,980)
Net gain on sales of securities  14   2,421   5,908   11,831
Other-than-temporary impairment recorded  (1,364)   (2,717)   (5,711)   (12,002)
Total securities gain (loss)$ (1,350) $ (296) $ 197 $ (171)
             
Credit Ratings on Selected Investment Securities

The following table presents the credit ratings for our Alt-A mortgage-backed, pooled-trust-preferred, and private label CMO securities as of September 30, 2011:

Credit Ratings of Selected Investment Securities (1)      
(dollar amounts in thousands)      Average Credit Rating of Fair Value Amount
   Amortized             
   Cost Fair Value  AAA AA +/- A +/- BBB +/- <BBB-
 Private-label CMO securities$ 90,409$ 78,900 $ 1,698$ ---$ 24,068$ 7,758$ 45,376
 Alt-A mortgage-backed securities  59,534  51,578   ---  24,446  9,310  ---  17,822
 Pooled-trust-preferred securities  228,411  101,441   ---  ---  25,373  ---  76,068
Total at September 30, 2011$ 378,354$ 231,919 $ 1,698$ 24,446$ 58,751$ 7,758$ 139,266
Total at December 31, 2010$ 435,835$ 284,608 $ 41,238$ 33,880$ 29,691$ 15,145$ 164,654
                 
(1) Credit ratings reflect the lowest current rating assigned by a nationally recognized credit rating agency.
Trust Preferred Securities Data

The following table summarizes the relevant characteristics of our pooled-trust-preferred securities portfolio at September 30, 2011. Each security is part of a pool of issuers and supports a more senior tranche of securities except for the I-Pre TSL II, MM Comm II and MM Comm III securities which are the most senior class.

Trust Preferred Securities Data          
September 30, 2011             
(dollar amounts in thousands)    Actual     
            Deferrals Expected   
            and Defaults   
           # of IssuersDefaults as a % of   
          LowestCurrentlyas a % of Remaining   
    AmortizedFairUnrealizedCreditPerforming/Original Performing Excess 
Deal NamePar ValueCostValueLossRating (2)Remaining (3)Collateral Collateral Subordination (4) 
Alesco II (1)$41,646$31,540$9,570$(21,970)C31/37 14% 17% ---%
Alesco IV (1) 20,964 8,243 354 (7,889)C31/42 17  27  --- 
ICONS 20,000 20,000 12,530 (7,470)BB26/27 3  18  53 
I-Pre TSL II 36,657 36,559 25,373 (11,186)A27/28 3  11  74 
MM Comm II 20,970 20,041 19,712 (329)BB4/7 5  2  17 
MM Comm III 11,081 10,587 7,597 (2,990)CC6/11 7  10  22 
Pre TSL IX (1) 5,000 3,955 1,272 (2,683)C33/48 27  22  --- 
Pre TSL X (1) 17,774 9,915 3,036 (6,879)C33/53 42  37  --- 
Pre TSL XI (1) 25,426 22,667 6,669 (15,998)C44/64 27  21  --- 
Pre TSL XIII (1) 28,207 22,702 6,943 (15,759)C44/64 31  21  --- 
Reg Diversified (1) 25,500 7,296 303 (6,993)D23/44 46  28  --- 
Soloso (1) 12,500 3,906 506 (3,400)C43/67 27  20  --- 
Tropic III 31,000 31,000 7,576 (23,424)CC23/44 42  36  20 
Total$296,725$228,411$101,441$(126,970)        
                  
(1) Security was determined to have OTTI. As such, the book value is net of recorded credit impairment.
(2) For purposes of comparability, the lowest credit rating expressed is equivalent to Fitch ratings even where the lowest rating is based on another nationally recognized credit rating agency.
(3) Includes both banks and/or insurance companies.
(4) Excess subordination percentage represents the additional defaults in excess of both current and projected defaults that the CDO can absorb before the bond experiences credit impairment. Excess subordinated percentage is calculated by (a) determining what percentage of defaults a deal can experience before the bond has credit impairment, and (b) subtracting from this default breakage percentage both total current and expected future default percentages.
Total OTTI losses, OTTI losses included in OCI, and OTTI recognized in the income statement for securities evaluated for impairment by debt security debt
  Three Months Ended September 30,
   Alt-A   Pooled-  Private-   
(dollar amounts in thousands)Mortgage-backedtrust-preferredlabel CMO Total
2011           
Total OTTI recoveries (losses) (unrealized and realized) $ (339) $ (4,497) $ (890) $ (5,726)
 Unrealized OTTI (recoveries) losses recognized in OCI  208   4,293   (139)   4,362
Net impairment losses recognized in earnings$ (131) $ (204) $ (1,029) $ (1,364)
             
2010           
Total OTTI recoveries (losses) (unrealized and realized) $ 1,112 $ 18,877 $ 7,786 $ 27,775
 Unrealized OTTI (recoveries) losses recognized in OCI  (1,472)   (19,075)   (9,945)   (30,492)
Net impairment losses recognized in earnings$ (360) $ (198) $ (2,159) $ (2,717)
             
             
  Nine Months Ended September 30,
   Alt-A   Pooled-  Private-   
(dollar amounts in thousands)Mortgage-backedtrust-preferredlabel CMO Total
2011           
Total OTTI (losses) recoveries (unrealized and realized) $ 597 $ 2,334 $ 2,437 $ 5,368
 Unrealized OTTI losses (recoveries) recognized in OCI  (958)   (5,744)   (4,377)   (11,079)
Net impairment losses recognized in earnings$ (361) $ (3,410) $ (1,940) $ (5,711)
             
2010           
Total OTTI (losses) recoveries (unrealized and realized) $ (3,065) $ 21,229 $ 6,404 $ 24,568
 Unrealized OTTI losses (recoveries) recognized in OCI  1,503   (24,643)   (13,430)   (36,570)
Net impairment losses recognized in earnings$ (1,562) $ (3,414) $ (7,026) $ (12,002)
             

The following table rolls forward the unrealized OTTI recognized in OCI on debt securities held by Huntington for the three-month and nine-month periods ended September 30, 2011 and 2010:

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

The following table rolls forward the unrealized OTTI recognized in OCI on debt securities held by Huntington for the three-month and nine-month periods ended September 30, 2011 and 2010:

  Three Months Ended Nine Months Ended
  September 30, September 30,
(dollar amounts in thousands) 2011  2010  2011  2010
Balance, beginning of period$ 85,397 $ 118,330 $ 100,838 $ 124,408
 Reductions from sales of securities with credit impairment  ---   (9,223)   (1,053)   (9,223)
 Noncredit impairment on securities not previously considered credit impaired  ---   675   ---   9,584
 Change due to improvement in expected cash flows  (425)   (27,997)   (16,466)   (45,657)
 Additional noncredit impairment on securities with previous credit impairment  4,787   6,053   6,440   8,726
Balance, end of period$ 89,759 $ 87,838 $ 89,759 $ 87,838
             
OTTI recognized in earnings on debt securities held by Huntington

The following table rolls forward the OTTI recognized in earnings on debt securities held by Huntington for the three-month and nine-month periods ended September 30, 2011 and 2010 as follows.

  Three Months Ended Nine Months Ended
  September 30, September 30,
(dollar amounts in thousands) 2011  2010  2011  2010
Balance, beginning of period$ 54,402 $ 58,612 $ 54,536 $ 53,801
 Reductions from sales  ---   (7,845)   (4,481)   (12,319)
 Credit losses not previously recognized  26   99   26   1,656
 Additional credit losses  1,338   2,618   5,685   10,346
Balance, end of period$ 55,766 $ 53,484 $ 55,766 $ 53,484