Huntington National Bank 2011 Annual Report Download - page 135
Download and view the complete annual report
Please find page 135 of the 2011 Huntington National Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
 |
 |
Huntington Bancshares Incorporated
Consolidated Statements of Changes in Shareholders’ Equity
Preferred Stock
Capital
Surplus
Accumulated
Other
Comprehensive
Loss
Retained
Earnings
(Deficit) Total
Series A
Series B
Floating Rate Common Stock Treasury Stock
Shares Amount Shares Amount Shares Amount Shares Amount
(all amounts in thousands, except
for per share amounts)
Year Ended December 31, 2011
Balance, beginning of year ....... 363 $362,507 — $ — 864,195 $8,642 $7,630,093 (876) $ (8,771) $(197,496) $(2,814,433) $4,980,542
Comprehensive Income:
Net income ................. 542,613 542,613
Non-credit-related impairment
recoveries (losses) on debt
securities not expected to be
sold ..................... 7,499 7,499
Unrealized net gains (losses) on
available-for-sale and other
securities arising during the
period, net of reclassification
for net realized gains ....... 64,921 64,921
Unrealized gains (losses) on cash
flow hedging derivatives .... 5,188 5,188
Change in accumulated
unrealized losses for pension
and other post-retirement
obligations ............... (53,875) (53,875)
Total comprehensive income
(loss) ...................... 566,346
Issuance of preferred stock ....... 35 23,785 (1,759) 22,026
Repurchase of warrants convertible
to common stock ............. (49,100) (49,100)
Cash dividends declared:
Common ($0.10 per share) ..... (86,448) (86,448)
Preferred Series A ($85.00 per
share) ................... (30,813) (30,813)
Recognition of the fair value of
share-based compensation ..... 19,666 19,666
Other share-based compensation
activity .................... 1,390 14 (1,605) (343) (1,934)
Other ........................ (486) (302) (1,484) (215) (2,185)
Balance, end of year ............ 363 $362,507 35 $23,785 865,585 $8,656 $7,596,809 (1,178) $(10,255) $(173,763) $(2,389,639) $5,418,100
See Notes to Consolidated Financial Statements
121