Huntington National Bank 2014 Annual Report Download - page 157
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151
Long-term debt maturities for the next five years and thereafter are as follows:
dollar amounts in thousands 2015 2016 2017 2018 2019 Thereafter Total
The Parent Company:
Senior notes $ --- $ --- $ --- $ 400,000 $ --- $ --- $ 400,000
Subordinated notes --- --- --- --- --- 618,049 618,049
The Bank:
Senior notes --- 850,000 750,000 --- 500,000 35,000 2,135,000
Subordinated notes --- 103,009 --- 125,539 75,716 --- 304,264
FHLB Advances --- 750,000 100 1,205 369 6,596 758,270
Other 141 --- --- --- --- 65,000 65,141
Total $ 141 $ 1,703,009 $ 750,100 $ 526,744 $ 576,085 $ 724,645 $ 4,280,724
These maturities are based upon the par values of the long-term debt.
The terms of the other long-term debt obligations contain various restrictive covenants including limitations on the acquisition of
additional debt in excess of specified levels, dividend payments, and the disposition of subsidiaries. As of December 31, 2014,
Huntington was in compliance with all such covenants.
11. OTHER COMPREHENSIVE INCOME
The components of Huntington’s OCI in the three years ended December 31, 2014, 2013, and 2012, were as follows:
2014
Tax (expense)
(dollar amounts in thousands) Pretax Benefit After-tax
N
oncredi
t
-related impairment recoveries (losses) on debt securities not expected to be
sold $13,583 $ (4,803) $ 8,780
Unrealized holding gains (losses) on available-for-sale debt securities arising during the
period 86,618 (30,914) 55,704
Less: Reclassification adjustment for net gains (losses) included in net income (15,559) 5,446 (10,113)
N
et change in unrealized holding gains (losses) on available-for-sale debt securities 84,642 (30,271) 54,371
N
et change in unrealized holding gains (losses) on available-for-sale equity securities 295 (103) 192
Unrealized gains and losses on derivatives used in cash flow hedging relationships 14,141 (4,949) 9,192
Less: Reclassification adjustment for net losses (gains) included in net income (3,971) 1,390 (2,581)
N
et change in unrealized gains (losses) on derivatives used in cash flow hedging
relationships
10,170 (3,559) 6,611
Chan
g
e in
p
ension and
p
os
t
-retirement obli
g
ations (106,857) 37,400 (69,457)
Total other comprehensive income (loss) $ (11,750) $ 3,467 $ (8,283)