SunTrust 2006 Annual Report Download - page 103

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SUNTRUST BANKS, INC.
Notes to Consolidated Financial Statements (Continued)
Note 4 - Trading Assets and Liabilities
The fair values of the components of trading account assets and liabilities at December 31 were as
follows:
(Dollars in thousands) 2006 2005
Trading Assets
U.S. government and agency securities $838,301 $468,056
Corporate and other debt securities 409,029 662,827
Equity securities 2,254 366
Mortgage-backed securities 140,531 278,294
Derivative contracts 1,064,263 1,059,311
Municipal securities 293,311 337,179
Commercial paper 29,940 5,192
Total trading assets $2,777,629 $2,811,225
Trading Liabilities
U.S. government and agency securities $382,819 $522,084
Derivative contracts 1,251,201 1,007,137
Equity securities and other 77 104
Total trading liabilities $1,634,097 $1,529,325
Note 5 - Securities Available for Sale
Securities available for sale at December 31 were as follows:
2006
(Dollars in thousands)
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
U.S. Treasury and other U.S. government agencies and corporations $1,607,999 $8,602 $16,144 $1,600,457
States and political subdivisions 1,032,247 13,515 4,639 1,041,123
Asset-backed securities 1,128,032 1,891 17,584 1,112,339
Mortgage-backed securities 17,337,311 37,365 243,762 17,130,914
Corporate bonds 468,855 1,477 7,521 462,811
Common stock of The Coca-Cola Company 110 2,324,716 - 2,324,826
Other securities11,423,799 5,446 - 1,429,245
Total securities available for sale $22,998,353 $2,393,012 $289,650 $25,101,715
2005
(Dollars in thousands)
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
U.S. Treasury and other U.S. government agencies and corporations $2,593,813 $584 $47,389 $2,547,008
States and political subdivisions 914,082 15,460 3,869 925,673
Asset-backed securities 1,630,751 8,207 26,304 1,612,654
Mortgage-backed securities 17,354,552 11,669 343,527 17,022,694
Corporate bonds 1,090,559 2,665 22,793 1,070,431
Common stock of The Coca-Cola Company 110 1,945,512 - 1,945,622
Other securities11,369,921 31,818 - 1,401,739
Total securities available for sale $24,953,788 $2,015,915 $443,882 $26,525,821
1Includes $729.4 million and $860.1 million at December 31, 2006 and December 31, 2005, respectively, of Federal Home Loan Bank and
Federal Reserve Bank stock stated at par value.
90