Huntington National Bank 2009 Annual Report Download - page 54

Table 9 — Consolidated Avera
g
e Balance Sheet and Net Interest Mar
g
in Analysi
s
Full
y
-taxable e
q
uivalent basis
(
1
)
2009 Amount Percent 2008 Amount Percent 200
7
C
han
g
e
f
rom 2008
C
han
g
e
f
rom 2007
A
vera
g
e Balances
(
In millions
)
ASS
ET
S
Interest-bearin
g
deposits in banks ......................
$
36
1
$
58 19.1%
$
303
$
43 16.5%
$
26
0
T
radin
g
account securities
...........................
145
(
945
)(
86.7
)
1
,
090 448 69.8 64
2
Federal funds sold and securities
p
urchased unde
r
resale a
g
reemen
t
...............................
10
(
425
)(
97.7
)
435
(
156
)(
26.4
)
59
1
Loans held for sal
e
...............................
582 166 39.
9
416 54 14.9 36
2
In
v
estment securities:
Taxabl
e
.....................................
6
,
101 2
,
223 57.
3
3,
878 225 6.2 3
,
65
3
T
ax-exemp
t
..................................
2
14
(
491
)(
69.6
)
70
5599
.1 64
6
Total investment securitie
s
..........................
6
,
315 1
,
732 37.8 4
,
583 284 6.6 4
,
29
9
Loans and leases:
(
3
)
C
ommercial:
Commercial and industria
l
......................
13
,
136
(
452
)(
3.3
)
1
3
,
588 2
,
952 27.8 10
,
63
6
C
onstructio
n
.............................
1
,
858
(
203
)(
9.8
)
2,
061 528 34.4 1
,
533
C
ommercia
l
.............................
7
,
298
(
373
)(
4.9
)
7
,
671 2
,
397 4
5
.4
5,
274
C
ommerc
i
a
l
rea
l
estate
........................
9,156
(
576
)(
5.9
)
9,732 2,92
5
43.0 6,80
7
T
ota
l
co
mm
e
r
c
i
al
.............................
2
2
,
292
(
1
,
028
)(
4.4
)
23,320
5
,877 33.7 17,44
3
C
onsumer
:
A
uto
m
ob
il
e
l
oa
n
s
..........................
3
,
157
(
519
)(
14.1
)
3
,6
7
6
1
,
043 39.
6
2
,6
3
3
Automobile lease
s
.........................
389
(
462
)(
54.3
)
8
5
1
(
634
)(
42.7
)
1,48
5
A
uto
m
ob
il
e
l
oa
n
sa
n
d
l
eases
....................
3
,
546
(
981
)(
21.7
)
4
,
527 409 9.9 4
,
11
8
Home equit
y
..............................
7
,
5
90 186 2
.5 7
,
404 1
,
231 19.9 6
,
173
Residential mort
g
a
ge
.........................
4
,
542
(
476
)(
9.5
)
5,
018 79 1.6 4
,
93
9
O
ther loans
...............................
722
3
1 4.5 6
9
1 162 30.6 52
9
Tota
l
co
n
su
m
er
..............................
1
6
,
400 (1
,
240) (7.0
)
17
,
640 1
,
881 11.9 15
,
75
9
T
otal loa
n
sa
n
d leases
............................
38,692
(
2,268
)(
5.5
)
40,960 7,7
5
8 23.4 33,202
Allo
w
ance for loan and lease losses
...................
(
956
)(
261
)
37.
6
(69
5
) (313) 81.9 (382)
N
et loans and lease
s
..............................
37
,
736
(
2
,
529
)(
6.3
)
40
,
26
5
7
,
44
5
22.7 32
,
82
0
Total earnin
g
assets
.............................
4
6
,
105
(
1
,
682
)(
3.5
)
47
,
787 8
,
431 21.4 39
,
3
56
Automobile operatin
g
lease asset
s
......................
218 38 21
.
1
180
1
63
N.M. 17
C
ash and due from bank
s
...........................
2,132 1,1
7
4
N.M
.
95
8 28 3.0
9
30
Intan
g
ible assets
.................................
1,
402
(
2
,
044
)(
59.3
)
3
,
44
6
1
,
427 70.7 2
,
01
9
A
ll
ot
h
e
r
assets
.................................
3,
5
39 294 9
.
1
3
,
24
5
473 17.1 2
,
77
2
T
o
t
a
lA
sse
t
s
...................................
$
52
,
440 $(2
,
481) (4.5)
%
$54
,
921 $10
,
209 22.8% $44
,
71
2
LIABILITIE
S
AND
S
HAREHOLDER
S
’E
Q
UIT
Y
Deposits
:
Demand deposits — noninterest-bearin
g
...............
$
6
,
057
$
962 18.9% $ 5,095 $ 657 14.8% $ 4,43
8
Demand deposits — interest-bearin
g
.................
4,816 813 20
.
3
4
,
003 8
7
42
7.
93
,
129
Mone
y
mar
k
et
d
epos
i
ts
.........................
7,216 1,123 18
.
4
6
,093 (80) (1.3)
6
,17
3
Savin
g
s and other domestic time deposits
..............
4,
881
(
266
)(
5.2
)
5
,147 90
5
21.3 4,24
2
Core certificates of deposit
.......................
11,944 30
7
2
.
6
11,
6
37 3,431 41.8 8,20
6
Total core deposits
..............................
34,914 2,939 9
.
2
3
1,97
55
,787 22.1 26,188
Other domestic time deposits of $250,000 or more
..........
8
41
(
802
)(
48.8
)
1
,643 64
5
64.6 998
Brokered time deposits and ne
g
otiable CDs
..............
3
,
147
(
96
)(
3.0
)
3
,
243 4 0
.
13
,
239
Deposits in forei
g
n offices
.........................
4
87
(
488
)(
50.1
)
9
7
5
334
5
2.1 64
1
Total deposit
s
..................................
39,389 1,
55
34
.
1
37
,
83
66,
770 21.8 31
,
0
66
Short-term borrowin
g
s
.............................
933
(
1
,
441
)(
60.7
)
2,374 129
5
.7 2,24
5
Federal Home Loan Bank ad
v
ance
s
.....................
1
,
236
(
2
,
045
)(
62.3
)
3,
281 1
,
2
5
4 61.9 2
,
027
Subordinated notes and other lon
g
-term deb
t
...............
4,321 22
75.
5
4,094 40
6
11.0 3,
6
8
8
Total interest-bearin
g
liabilitie
s
......................
39
,
822
(
2
,
668
)(
6.3
)
42
,
490 7
,
902 22.8 34
,5
8
8
All
ot
h
e
rli
ab
ili
t
i
es
...............................
6,
831 796 1
3
6
,
035 544 10 5
,
49
1
S
h
are
h
o
ld
ers’ equ
i
t
y
..............................
5
,
787
(
609
)(
9.5
)
6
,39
6
1,7
6
3 38.1 4,
6
3
3
Total Liabilities and
S
hareholders’ Equit
y
...............
$
52
,
440
$
(2
,
481) (4.5)
%
$
54,921
$
10,209 22.8%
$
44,712
Continued
4
6