Huntington National Bank 2010 Annual Report Download - page 175

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13. OTHER COMPREHENSIVE INCOME
The components of Huntington’s OCI in the three years ended December 31, were as follows:
Pretax
Tax (Expense)
Benefit After-Tax
2010
(Dollar amounts in thousands)
Cumulative effect of change in accounting principle for
consolidation of variable interest entities .............. $ (6,365) $ 2,116 $ (4,249)
Non credit related impairment recoveries (losses) on debt
securities not expected to be sold .................... 23,569 (8,249) 15,320
Unrealized holding gains (losses) on available-for-sale debt
securities arising during the period ................... (14,498) 5,019 (9,479)
Less: Reclassification adjustment for net losses (gains)
included in net income ........................... 274 (96) 178
Net change in unrealized holding gains (losses) on
available-for-sale debt securities ..................... 9,345 (3,326) 6,019
Net change in unrealized holding gains (losses) on
available-for-sale equity securities ................... (162) 57 (105)
Unrealized gains and losses on derivatives used in cash flow
hedging relationships arising during the period .......... (35,623) 12,468 (23,155)
Change in pension and post-retirement benefit plan assets and
liabilities ...................................... (29,263) 10,242 (19,021)
Total other comprehensive (loss) income ............... $(62,068) $21,557 $(40,511)
Pretax
Tax (Expense)
Benefit After-Tax
2009
(Dollar amounts in thousands)
Cumulative effect of change in accounting principle for
OTTI debt securities ............................ $ (5,448) $ 1,907 $ (3,541)
Non credit related impairment (losses) recoveries on debt
securities not expected to be sold................... (124,408) 43,543 (80,865)
Unrealized holding gains (losses) on available-for-sale debt
securities arising during the period.................. 280,789 (98,678) 182,111
Less: Reclassification adjustment for net losses (gains)
included in net income .......................... 10,249 (3,587) 6,662
Net change in unrealized holding gains (losses) on
available-for-sale debt securities ................... 166,630 (58,722) 107,908
Net change in unrealized holding gains (losses) on
available-for-sale equity securities .................. 10 (3) 7
Unrealized gains and losses on derivatives used in cash flow
hedging relationships arising during the period ......... 21,888 (7,661) 14,227
Change in pension and post-retirement benefit plan assets
and liabilities ................................. 78,626 (27,519) 51,107
Total other comprehensive income (loss) ............. $ 261,706 $(91,998) $169,708
161