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Table 26 – Maturity Distribution of Securities Available for Sale
As of December 31, 2009
(Dollars in millions)
1 Year
or Less
1-5
Years
5-10
Years
After 10
Years Total
Distribution of Maturities:
Amortized Cost
U.S. Treasury and federal agencies $249.9 $7,563.3 $121.8 $5.0 $7,940.0
U.S. states and political subdivisions 141.7 487.4 136.5 162.3 927.9
Residential mortgage-backed securities - agency1172.2 11,396.8 1,160.9 2,974.7 15,704.6
Residential mortgage-backed securities - private 28.8 127.0 344.8 - 500.6
Other debt securities 74.5 524.6 152.8 33.8 785.7
Total debt securities $667.1 $20,099.1 $1,916.8 $3,175.8 $25,858.8
Fair Value
U.S. Treasury and federal agencies $251.1 $7,537.0 $121.0 $5.0 $7,914.1
U.S. states and political subdivisions 144.3 507.2 140.1 153.5 945.1
Residential mortgage-backed securities - agency1177.3 11,592.6 1,220.8 2,925.4 15,916.1
Residential mortgage-backed securities - private 26.6 108.8 271.8 - 407.2
Other debt securities 77.5 530.4 159.1 30.4 797.4
Total debt securities $676.8 $20,276.0 $1,912.8 $3,114.3 $25,979.9
Weighted average yield (FTE):
U.S. Treasury and federal agencies 3.06 % 1.43 % 4.85 % 4.44 % 1.53 %
U.S. states and political subdivisions 6.37 6.30 6.11 3.86 5.85
Residential mortgage-backed securities - agency14.12 4.11 5.58 4.39 4.27
Residential mortgage-backed securities - private 3.54 8.24 6.92 - 7.06
Other debt securities 0.98 2.66 5.76 1.08 3.04
Total debt securities 3.82 % 3.14 % 5.83 % 4.35 % 3.50 %
1Distribution of maturities is based on the expected average life of the assets.
Table 27 – Loan Maturity
As of December 31, 2009
Remaining Maturities of Selected Loans
(Dollars in millions) Total
Within
1 Year
1-5
Years
After
5 Years
Loan Maturity
Commercial and commercial real estate 1$42,447.0 $17,330.1 $21,738.0 $3,378.9
Real estate - construction 6,646.8 5,039.7 1,441.0 166.1
Total $49,093.8 $22,369.8 $23,179.0 $3,545.0
Interest Rate Sensitivity
Selected loans with:
Predetermined interest rates $5,518.0 $1,510.8
Floating or adjustable interest rates 17,661.0 2,034.2
Total $23,179.0 $3,545.0
1Excludes $5,121.5 million in lease financing.
Item 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
See “Market Risk Management” in the MD&A which is incorporated herein by reference.
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