Huntington National Bank 2012 Annual Report Download - page 59

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Partially offset by:
x$53.8 million, or 78%, increase in residential mortgage NALs, primarily reflecting $47.2 million of Chapter 7 bankruptcy
NALs. The remaining portion of the increase reflects the continued softness in residential real estate property values. The
NAL balances have been written down to net realizable value, less anticipated selling costs which substantially limits any
significant future risk of additional loss on these loans.
x$18.8 million, or 46%, increase in home equity NALs, primarily reflecting the impact of Chapter 7 bankruptcy NALs, as well
as the implementation of other regulatory guidance in the 2012 first quarter (see ACL section). The remaining portion of the
increase reflects the continued softness in residential real estate property values. The NAL balances have been written down
to net realizable value, less anticipated selling costs which substantially limits any significant future risk of additional loss on
these loans.
x$7.8 million increase in automobile NALs, entirely reflecting Chapter 7 bankruptcy NALs. Prior to the implementation of
this guidance, automobile loans were not placed on nonaccrual status.
Of the $217.8 million of CRE and C&I-related NALs at December 31, 2012, $74.1 million, or 34%, represented loans that were
less than 30 days past due, demonstrating our continued commitment to proactive credit risk management.

As discussed previously, residential mortgages are placed on nonaccrual status at 150-days past due, with the exception of
residential mortgages guaranteed by government organizations which continue to accrue interest. First-lien home equity loans are
placed on nonaccrual status at 150-days past due. Junior-lien home equity loans are placed on nonaccrual status at the earlier of 120-
days past due or when the related first-lien loan has been identified as nonaccrual.
The following table reflects period-end accruing loans and leases 90 days or more past due for each of the last five years:
Table 15 - Accruing Past Due Loans and Leases
At December 31,
(dollar amounts in thousands) 2012 2011 2010 2009 2008
Accruing loans and leases past due 90 days or more
Commercial and industrial(1) $ 26,648 $ --- $ --- $ --- $ 10,889
Commercial real estate(1) 56,660 --- --- --- 59,425
Automobile 4,418 6,265 7,721 10,586 15,647
Residential mortgage (excluding loans guaranteed
by the U.S. government) 2,718 45,198 53,983 78,915 71,553
Home equity 18,200 20,198 23,497 53,343 29,039
Other loans and leases 1,672 1,988 2,456 2,814 2,392
Total, excl. loans guaranteed by the U.S. government 110,316 73,649 87,657 145,658 188,945
Add: loans guaranteed by the U.S. government 90,816 96,703 98,288 101,616 82,576
Total accruing loans and leases past due 90 days
or more, including loans guaranteed by the U.S.
government $ 201,132 $ 170,352 $ 185,945 $ 247,274 $ 271,521
Ratios:
Excluding loans guaranteed by the U.S. government,
as a percent of total loans and leases 0.27 % 0.19 % 0.23 % 0.40 % 0.46 %
Guaranteed by the U.S. government, as a percent of
total loans and leases 0.22 0.25 0.26 0.28 0.20
Including loans guaranteed by the U.S. government,
as a percent of total loans and leases 0.49 0.44 0.49 0.68 0.66
(
1
)
2012 amounts represent accruing purchased impaired loans related to the FDIC-assisted Fidelity Bank acquisition. Under the applicable
accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.