Huntington National Bank 2009 Annual Report Download - page 66

Table 16 — Loan and Lease Portfolio Com
p
ositio
n
2009 2008 200
7
2006 2005
A
t December 31,
(
In millions
)
C
ommercial
(
1
)
C
ommercial and
i
n
d
ustr
i
a
l
..........
$
12
,
888 35%
$
12
,
891 31%
$
11
,
939 30%
$
7
,
850 30%
$
6
,
809 28%
Fran
kli
n
..
..........
——
6
5
02 1
,
187 3 — — —
—
C
onstruct
i
o
n
.........
1,469 4
2
,
080
5
1
,
962
5
1
,
229
5
1
,5
38
6
C
ommercial
.........
6,220 1
78
,
018 19 7
,
221 18 3
,
27
5
13 2
,
498 1
0
T
ota
l
co
mm
e
r
c
i
a
lr
eal
estate
..............
7
,
689 21 10
,
098 24 9
,
183 23 4
,
504 18 4
,
036 1
6
T
o
t
a
l
co
mm
e
r
c
i
al
......
20
,
577 5
6
2
3
,
639 57 22
,
309 56 12
,
354 48 10
,
845 4
4
C
onsumer:
Automo
bil
e
l
oan
s
.....
3,144 9
3
,
901 9 3
,
114 8 2
,
126 8 1
,
98
58
A
uto
m
obile leases
.....
246 1
5
63 1 1
,
180 3 1
,
769 7 2
,
289
9
Home equ
i
t
y
.........
7
,
5
63 20
7
,55
718 7
,
290 18 4
,
927 19 4
,
763 1
9
Res
id
ent
i
a
l
mort
g
a
g
e...
4,
5
10 12
4
,
761 12
5,
447 14 4
,5
49 17 4
,
193 1
7
Other loan
s
..........
751 1 671 2 715 1 428 1 3
9
7
2
Total consume
r
........
16
,
214 4
3
17
,
453 42 17
,
746 44 13
,
799 52 13
,
627 5
5
Total loans and direct
fi
nanc
i
n
g
leases
......
36,
7
91 99
4
1
,
092 99 40
,
0
55
100 26
,
1
5
3 100 24
,
472 99
Automo
bil
e operat
i
n
g
lease assets
..........
193 1
243 1
6
8 — 28 — 18
91
Total cred
i
tex
p
osure
...
$
36
,
984 100%
$
41
,
335 100%
$
40
,
123 100%
$
26
,
181 100%
$
24
,
661 100
%
Total automob
i
l
e
ex
p
osure
(
2
)
.........
$3
,
583 10%
$
4
,
707 11%
$
4
,
362 11%
$
3
,
923 15%
$
4
,
463 18
%
(1) There were no commercial loans outstandin
g
that would be considered a concentration of lendin
g
to a par
-
ticular industr
y
or
g
roup of industries
.
(2) Total automobile loans and leases, operatin
g
lease assets, and securitized loans
.
C
ommercia
lC
re
d
it
2009 CO
MMER
C
IAL L
O
AN P
O
RTF
O
LI
O
RE
V
IE
WS
AND A
C
TI
O
N
S
In the 2009 first quarter, we restructured our commercial loan relationship with Franklin b
y
takin
g
control
o
f
t
h
eun
d
er
lyi
n
g
mort
g
a
g
e
l
oan co
ll
atera
l
,an
d
trans
f
err
i
n
g
t
h
e exposure to t
h
e consumer
l
oan port
f
o
li
oas
fi
rst- an
d
secon
d
-
li
en
l
oans to
i
n
di
v
id
ua
l
s secure
dby
res
id
ent
i
a
l
rea
l
estate propert
i
es
.
(
See “Fran
kl
in Loan
s
R
estructuring Transaction” located within the “Critical Accounting Policies and Use o
f
Signi
f
icant Estimates
”
section
).
We also proactivel
y
completed a concentrated review of our sin
g
le famil
y
home builder and retai
l
CRE
l
oan port
f
o
li
ose
g
ments, our CRE port
f
o
li
o’s two
high
est r
i
s
k
se
g
ments. We
i
n
i
t
i
ate
d
arev
i
ew o
f
t
he
“cr
i
t
i
c
i
ze
d
” port
i
on o
f
t
h
ese port
f
o
li
os on a mont
hly b
as
i
s. T
h
e
i
ncrease
d
rev
i
ew act
i
v
i
t
y
resu
l
te
di
n more pro
-
active decisions on nonaccrual status, reserve levels, and char
g
e-offs throu
g
hout the remainder of 2009. Thi
s
h
e
igh
tene
dl
eve
l
o
f
port
f
o
li
o mon
i
tor
i
n
gi
son
g
o
i
n
g
.
Durin
g
the 2009 second quarter, we updated our evaluation of ever
y
“noncriticized” commercial
relationship with an a
gg
re
g
ate exposure of over
$
500,000. This review included C&I, CRE, and busines
s
bankin
g
loans and encompassed
$
13.2 billion of total commercial loans, and
$
18.8 billion in relate
d
58