Huntington National Bank 2005 Annual Report Download - page 135

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NOTES TOCONSOLIDATED FINANCIAL STATEMENTS HUNTINGTON BANCSHARES INCORPORATED
24. PARENT COMPANY FINANCIAL STATEMENTS
The parent company condensed financial statements, which include transactions with subsidiaries, are as follows.
Balance Sheets December 31,
(in thousands of dollars) 2005 2004
ASSETS
Cash and cash equivalents $ 227,115 $ 630,444
Due from The Huntington National Bank 250,771 250,771
Due from non-bank subsidiaries 205,208 204,976
Investment in The Huntington National Bank 1,660,905 1,472,357
Investment in non-bank subsidiaries 574,382 595,233
Goodwill 9,877 9,877
Accrued interest receivable and other assets 128,303 141,284
Total assets $ 3,056,561 $ 3,304,942
LIABILITIES AND SHAREHOLDERS’ EQUITY
Short-term borrowings $ 3,034 $—
Long-term borrowings 309,279 411,750
Dividends payable, accrued expenses, and other liabilities 186,747 355,554
Total liabilities 499,060 767,304
Shareholders’ equity 2,557,501 2,537,638
Total liabilities and shareholders’ equity $ 3,056,561 $3,304,942
The parent company had a $25 million line of credit to one of its non-bank subsidiaries at December 31, 2005. This was reduced
from $100 million at the end of the prior year. Of the total line of credit available, $0.5 million remained outstanding at
December 31, 2005.
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