Huntington National Bank 2012 Annual Report Download - page 149

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141
Unrealized
Amortized Gross Gross Fair
(dollar amounts in thousands) Cost Gains Losses Value
December 31, 2011
U.S. Treasury $ 52,282 $ 922 $ --- $ 53,204
Federal agencies:
Mortgage-backed securities 4,378,623 88,266 (1,997) 4,464,892
Other agencies 724,726 10,821 (3) 735,544
Total U.S. government backed securities 5,155,631 100,009 (2,000) 5,253,640
Municipal securities 394,862 12,889 (25) 407,726
Private-label CMO 84,598 347 (12,581) 72,364
Asset-backed securities (2) 1,100,290 3,925 (137,127) 967,088
Covered bonds 510,937 860 (7,752) 504,045
Corporate debt 533,306 891 (5,314) 528,883
Other securities 344,330 219 (281) 344,268
Total available-for-sale and other securities $ 8,123,954 $ 119,140 $ (165,080) $ 8,078,014
(2) Amounts at December 31, 2011 include securities backed by automobile loans with a fair value of $145 million which meet the
eligibility requirements for the Term Asset-Backed Securities Loan Facility, administered by the Federal Reserve Bank.
The following tables provide detail on investment securities with unrealized losses aggregated by investment category and the
length of time the individual securities have been in a continuous loss position, at December 31, 2012 and 2011:
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, 2012
U.S. Treasury $ --- $ --- $ --- $ --- $ --- $ ---
Federal Agencies:
Mortgage-backed securities 44,836 (278) --- --- 44,836 (278)
Other agencies 801 (1) --- --- 801 (1)
Total U.S. Government backed securities 45,637 (279) --- --- 45,637 (279)
Municipal securities 51,316 (2,007) --- --- 51,316 (2,007)
Private label CMO 22,793 --- 34,617 (5,076) 57,410 (5,076)
Asset-backed securities 28,089 (73) 108,660 (113,446) 136,749 (113,519)
Covered bonds --- --- --- --- --- ---
Corporate debt 138,792 (1,472) 119,620 (380) 258,412 (1,852)
Other securities --- --- 1,630 (35) 1,630 (35)
Total temporarily impaired securities $ 286,627 $ (3,831) $ 264,527 $ (118,937) $ 551,154 $ (122,768)