Huntington National Bank 2014 Annual Report Download - page 106

100
Huntin
g
ton Bancshares Incor
p
orate
d
Consolidated Balance Sheets
December 31,
(
dollar amounts in thousands, exce
p
t number o
f
shares
)
2014 2013
Assets
Cash and due from banks $ 1,220,565 $ 1,001,132
Interest-
b
earin
g
de
p
osits in banks 64,559 57,043
Tradin
g
account securities 42,191 35,573
Loans held for sale 416,327 326,212
(
includes $354,888 and $278,928 res
p
ectivel
y
, measured at fair value
)
(
1
)
Available-fo
r
-sale and other securities 9,384,670 7,308,753
Hel
d
-to-maturit
y
securities 3,379,905 3,836,667
Loans and leases
(
includes $50,617 and $52,286 res
p
ectivel
y
, measured at fair value
)
(
1
)
Commercial and industrial loans and leases 19,033,146 17,594,276
Commercial real estate loans 5,197,403 4,850,094
Automobile loans 8,689,902 6,638,713
Home e
q
uit
y
loans 8,490,915 8,336,318
Residential mort
g
a
g
e loans 5,830,609 5,321,088
Other consumer loans 413,751 380,011
Loans and leases 47
,
655
,
726 43
,
120
,
500
Allowance for loan and lease losses
(
605,196
)
(
647,870
)
N
et loans and leases 47
,
050
,
530 42
,
472
,
630
Bank owned life insurance 1
,
718
,
436 1
,
647
,
170
Premises and e
q
ui
p
ment 616,407 634,657
Goodwill 522,541 444,268
Other intan
g
ible assets 74,671 93,193
Accrued income and other assets 1,807,208 1,609,876
Total assets $66
,
298
,
010 $ 59
,
467
,
174
Liabilities and shareholders' equity
Liabilities
De
p
osits in domestic offices
Demand de
p
osits - noninterest-
b
earin
g
$ 15,393,226 $ 13,650,468
Interest-
b
earin
g
35,937,873 33,540,545
De
p
osits in forei
g
n offices 401,052 315,705
De
p
osits 51
,
732
,
151 47
,
506
,
718
Short-term borrowin
g
s 2,397,101 2,352,143
Lon
g
-term debt 4,335,962 2,458,272
Accrued ex
p
enses and other liabilities 1,504,626 1,059,888
Total liabilities 59
,
969
,
840 53
,
377
,
021
Shareholders' e
q
uit
y
Preferred stock - authorized 6,617,808 shares;
Series A, 8.50% fixed rate, non-cumulative
p
er
p
etual convertible
p
referre
d
stock,
p
ar value of $0.01, and li
q
uidation value
p
er share of $1,000 362,507 362,507
Series B, floatin
g
rate, non-votin
g
, non-cumulative
p
er
p
etual
p
referred stock,
p
ar
of $0.01, and li
q
uidation value
p
er share of $1,000 23,785 23,785
Common stoc
k
8,131 8,322
Ca
p
ital sur
p
lus 7,221,745 7,398,515
Less treasur
y
shares, at cost
(
13,382
)
(
9,643
)
Accumulated other com
p
rehensive loss
(
222,292
)
(
214,009
)
Retained
(
deficit
)
earnin
g
s
(
1,052,324
)
(
1,479,324
)
Total shareholders' e
q
uit
y
6
,
328
,
170 6
,
090
,
153
Total liabilities and shareholders' e
q
uit
y
$66
,
298
,
010 $ 59
,
467
,
174
Common shares authorized
(p
ar value of
$
0.01
)
1
,
500
,
000
,
000 1
,
500
,
000
,
000
Common shares issue
d
813,136,321 832,217,098
Common shares outstandin
g
811,454,676 830,963,427
Treasur
y
shares outstandin
g
1,681,645 1,253,671
Preferred shares issue
d
1,967,071 1,967,071
Preferred shares outstandin
g
398,007 398,007
(1)Amounts represent loans for which Huntington has elected the fair value option. See Note 17.
See Notes to Consolidated Financial Statements