Huntington National Bank 2012 Annual Report Download - page 130

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122
Loan Purchases and Sales
The following table summarizes significant portfolio loan purchase and sale activity for the years ended December 31, 2012, and
2011.
Commercial Commercial Home Residential Other
and Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in
thousands)
Portfolio loans purchased
during the:
Year ended December
31, 2012 $ 568,467 $ 378,122 $ ---$ 13,025 $ 62,324 $ 85 $ 1,022,023
Year ended December
31, 2011 --- --- 59,578 --- --- --- 59,578
Portfolio loans sold or
transferred to loans held for
sale during the:
Year ended December
31, 2012 238,121 74,703 2,783,748 --- 389,603 --- 3,486,175
Year ended December
31, 2011 256,313 56,123 2,250,033 --- 257,100 --- 2,819,569
NALs and Past Due Loans
The following table presents NALs by loan class for the years ended December 31, 2012 and 2011 (1):
December 31,
(dollar amounts in thousands) 2012 2011
Commercial and industrial:
Owner occupied $ 53,009 $ 88,415
Other commercial and industrial 37,696 113,431
Total commercial and industrial $ 90,705 $ 201,846
Commercial real estate:
Retail properties $ 31,791 $ 58,415
Multi family 19,765 39,921
Office 30,341 33,202
Industrial and warehouse 6,841 30,119
Other commercial real estate 38,390 68,232
Total commercial real estate $ 127,128 $ 229,889
Automobile $ 7,823 $ ---
Home equity:
Secured by first-lien $ 27,091 $ 20,012
Secured by junior-lien 32,434 20,675
Total home equity $ 59,525 $ 40,687
Residential mortgage $ 122,452 $ 68,658
Other consumer $ --- $ ---
Total nonaccrual loans $ 407,633 $ 541,080
(1) December 31, 2012, amounts included $60.1 million related to Chapter 7 bankruptcy loans.
The amount of interest that would have been recorded under the original terms for total NAL loans was $40.4 million for 2012,
$38.4 million for 2011, and $59.7 million for 2010. The total amount of interest recorded to interest income for these loans was $4.8
million, $5.1 million, and $5.5 million in 2012, 2011, and 2010, respectively.