Huntington National Bank 2011 Annual Report Download - page 74

The table below presents our accruing and nonaccruing TDRs at period-end for each of the past three years:
Table 16 — Accruing and Nonaccruing Troubled Debt Restructured Loans
December 31,
2011 2010 2009
(dollar amounts in thousands)
Troubled debt restructured loans — accruing:
Residential mortgage ................................ $309,678 $328,411 $229,470
Other consumer(1) .................................. 94,905 76,586 52,871
Commercial ....................................... 303,975 222,632 157,049
Total troubled debt restructured loans — accruing ........... 708,558 627,629 439,390
Troubled debt restructured loans — nonaccruing:
Residential mortgage ................................ 26,089 5,789 4,988
Other consumer(1) .................................. 482 ——
Commercial ....................................... 70,521 33,462 108,458
Total troubled debt restructured loans — nonaccruing ........ 97,092 39,251 113,446
Total troubled debt restructured loans .................. $805,650 $666,880 $552,836
(1) Includes automobile, home equity, and other consumer TDRs.
TDRs primarily reflect our loss mitigation efforts to proactively work with borrowers having difficulty
making their payments.
TDR activity for 2011 was as follows:
Table 17 — TDR Activity
At December 31,
2011
(dollar amounts in thousands)
TDRs, beginning of period ........................................................ $ 666,880
New TDRs .................................................................. 583,439
Payments ................................................................... (138,467)
Charge-offs .................................................................. (37,341)
Sales ....................................................................... (54,715)
Refinanced to non-TDR ........................................................ (40,091)
Transfer to OREO ............................................................. (5,016)
Restructured TDRs(1) ......................................................... (160,373)
Other ....................................................................... (8,666)
TDRs, end of period ............................................................. $ 805,650
(1) Represents existing commercial TDRs that were reunderwritten with new terms providing a concession. A
corresponding amount is included in the New TDRs amount above.
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