Huntington National Bank 2012 Annual Report Download - page 41

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Table 5 - Consolidated Average Balance Sheet and Net Interest Margin Analysis
Average Balances
Fully-taxable equivalent basis (1) Change from 2011 Change from 2010
(dollar amounts in millions) 2012 Amount Percent 2011 Amount Percent 2010
Assets
Interest-bearing deposits in banks $ 95 $ (38) (29)% $ 133 $ (156) (54)% $ 289
Trading account securities 67 (40) (37) 107 (51) (32) 158
Federal funds sold and securities purchased under
resale agreement --- (5) N.R. 5 5 --- ---
Loans held for sale 1,087 799 277 288 (241) (46) 529
Available-for-sale and other securities:
Taxable 7,898 (473) (6) 8,371 (389) (4) 8,760
Tax-exempt 427 (1) --- 428 17 4 411
Total available-for-sale and other securities 8,325 (474) (5) 8,799 (372) (4) 9,171
Held-to-maturity securities - taxable 925 550 147 375 375 --- ---
Loans and leases: (3)
Commercial:
Commercial and industrial 15,944 2,347 17 13,597 1,166 9 12,431
Commercial real estate:
Construction 582 (10) (2) 592 (504) (46) 1,096
Commercial 5,198 (415) (7) 5,613 (516) (8) 6,129
Commercial real estate 5,780 (425) (7) 6,205 (1,020) (14) 7,225
Total commercial 21,724 1,922 10 19,802 146 1 19,656
Consumer:
Automobile loans and leases 4,526 (1,351) (23) 5,877 987 20 4,890
Home equity 8,315 375 5 7,940 350 5 7,590
Residential mortgage 5,190 473 10 4,717 241 5 4,476
Other consumer 455 (76) (14) 531 (130) (20) 661
Total consumer 18,486 (579) (3) 19,065 1,448 8 17,617
Total loans and leases 40,210 1,343 3 38,867 1,594 4 37,273
Allowance for loan and lease losses (876) 233 (21) (1,109) 321 (22) (1,430)
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et loans and leases 39,334 1,576 4 37,758 1,915 5 35,843
Total earning assets 50,709 2,135 4 48,574 1,154 2 47,420
Cash and due from banks 1,090 (346) (24) 1,436 (82) (5) 1,518
Intangible assets 600 (45) (7) 645 (57) (8) 702
All other assets 4,151 (53) (1) 4,204 (160) (4) 4,364
Total Assets $ 55,674 $ 1,924 4 % $ 53,750 $ 1,176 2 % $ 52,574
Liabilities and Shareholders' Equity
Deposits:
Demand deposits - noninterest-bearing $ 12,200 $ 3,547 41 % $ 8,653 $ 1,794 26 % $ 6,859
Demand deposits - interest-bearing 5,811 294 5 5,517 (62) (1) 5,579
Total demand deposits 18,011 3,841 27 14,170 1,732 14 12,438
Money market deposits 13,901 579 4 13,322 1,579 13 11,743
Savings and other domestic deposits 4,933 198 4 4,735 93 2 4,642
Core certificates of deposit 6,221 (1,481) (19) 7,702 (1,486) (16) 9,188
Total core deposits 43,066 3,137 8 39,929 1,918 5 38,011
Other domestic time deposits of $250,000 or more 326 (139) (30) 465 (232) (33) 697
Brokered time deposits and negotiable CDs 1,590 168 12 1,422 (181) (11) 1,603
Deposits in foreign offices 372 (17) (4) 389 (38) (9) 427
Total deposits 45,354 3,149 7 42,205 1,467 4 40,738
Short-term borrowings 1,310 (745) (36) 2,055 609 42 1,446
Federal Home Loan Bank advances 298 187 168 111 (62) (36) 173
Subordinated notes and other long-term debt 1,976 (1,189) (38) 3,165 (615) (16) 3,780
Total interest-bearing liabilities 36,738 (2,145) (6) 38,883 (395) (1) 39,278
All other liabilities 1,065 89 9 976 20 2 956
Shareholders' equity 5,671 433 8 5,238 (243) (4) 5,481
Total Liabilities and Shareholders' Equity $ 55,674 $ 1,924 4 % $ 53,750 $ 1,176 2 % $ 52,574
Continued
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.R. - Not relevant, as numerator of calculation is zero in the current period.