Huntington National Bank 2014 Annual Report Download - page 139

Download and view the complete annual report

Please find page 139 of the 2014 Huntington National Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 208

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208

133
The following table presents by class and by the reason for the modification the number of contracts, post-modification
outstanding balance, and the financial effects of the modification for the years ended December 31, 2014 and 2013:
New Troubled Debt Restructurings During The Year Ended(1)
December 31, 2014 December 31, 2013
Post-modification
Outstanding Post-modification
Number of Ending Financial effects Number of Outstanding Financial effects
(dollar amounts in thousands) Contracts Balance of modification(2) Contracts Balance of modification(2)
C&I - Owner occupied:(3)
Interest rate reduction 19 $ 2,484 $ 20 22 $ 6,601 $ (466)
Amortization or maturity date
change 97 32,145 336 64 15,662 (12)
Other 7 2,051 (36) 16 7,367 337
Total C&I - Owner occupied 123 $ 36,680 $ 320 102 $ 29,630 $ (141)
C&I - Other commercial and
industrial:(3)
Interest rate reduction 25 $ 50,534 $ (1,982) 26 $ 75,447 $ (1,040)
Amortization or maturity date
change 285 149,339 (2,407) 120 53,340 1,295
Other 21 7,613 (7) 35 18,290 (1,163)
Total C&I - Other commercial
and industrial 331 $ 207,486 $ (4,396) 181 $ 147,077 $ (908)
CRE - Retail properties:(3)
Interest rate reduction 5 $ 11,381 $ 420 4 $ 1,116 $ (8)
Amortization or maturity date
change 24 27,415 (267) 21 27,550 4,159
Other 9 13,765 (35) 12 19,842 (558)
Total CRE - Retail properties 38 $ 52,561 $ 118 37 $ 48,508 $ 3,593
CRE - Multi family:(3)
Interest rate reduction 20 $ 3,484 $ (75) 10 $ 4,444 $ 7
Amortization or maturity date
change 40 9,791 197 16 2,345 415
Other 8 5,016 57 5 8,085 (2)
Total CRE - Multi family 68 $ 18,291 $ 179 31 $ 14,874 $ 420
CRE - Office:(3)
Interest rate reduction 2 $ 120 $ (1) 7 $ 6,504 $ 1,656
Amortization or maturity date
change 22 18,157 (424) 16 12,388 91
Other 5 35,476 (3,153) 6 7,044 655
Total CRE - Office 29 $ 53,753 $ (3,578) 29 $ 25,936 $ 2,402
CRE - Industrial and
warehouse:(3)
Interest rate reduction 2 $ 4,046 $ --- 1 $ 2,682 $ (476)
Amortization or maturity date
change 17 9,187 164 9 4,069 (185)
Other 1 977 --- 1 5,867 ---
Total CRE - Industrial and
Warehouse 20 $ 14,210 $ 164 11 $ 12,618 $ (661)