Huntington National Bank 2007 Annual Report Download - page 46

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Table 20 — Allocation of Allowances for Credit Losses
(1)
(in thousands of dollars) 2007 2006 2005 2004 2003
At December 31,
Commercial:
Middle market commercial and
industrial
(2)
$247,948 25.3% $ 83,046 22.9%$ 82,963 20.8% $ 87,485 19.8% $103,237 21.0%
Middle market commercial real estate 155,340 19.5 63,729 15.1 60,667 14.4 54,927 14.9 63,294 15.1
Small business commercial and
industrial and commercial real estate 65,265 10.9 42,978 9.3 40,056 9.1 32,009 9.0 30,455 8.9
Total commercial 468,553 55.7 189,753 47.3 183,686 44.3 174,421 43.7 196,986 45.0
Consumer:
Automobile loans and leases 28,635 10.7 28,400 14.9 33,870 17.5 41,273 18.6 58,375 23.2
Home equity 45,957 18.2 32,572 18.8 30,245 19.5 29,275 19.3 25,995 17.7
Residential mortgage 20,746 13.6 13,349 17.4 13,172 17.1 18,995 16.3 11,124 12.0
Other loans 14,551 1.8 7,994 1.6 7,374 1.6 7,247 2.1 7,252 2.1
Total consumer 109,889 44.3 82,315 52.7 84,661 55.7 96,790 56.3 102,746 55.0
Total allowance for loan and
lease losses $578,442 100.0% $272,068 100.0%$268,347 100.0% $271,211 100.0% $299,732 100.0%
Allowance for unfunded loan
commitments and letters of credit 66,528 40,161 36,957 33,187 35,522
Total allowances for credit losses $644,970 $312,229 $305,304 $304,398 $335,254
(1) Percentages represent the percentage of each loan and lease category to total loans and leases.
(2) 2007 includes additional allowance associated with loans to Franklin.
44
MANAGEMENT’S DISCUSSION AND ANALYSIS HUNTINGTON BANCSHARES INCORPORATED