Huntington National Bank 2010 Annual Report Download - page 195

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Level 1 Level 2 Level 3
Netting
Adjustments (1)
Balance at
December 31,
2009
Fair Value Measurements at Reporting Date Using
(In thousands)
Assets
Mortgage loans held for sale .... $ $ 459,719 $ $ — $ 459,719
Trading account securities:
U.S. Treasury securities
Federal agencies: Mortgage-
backed ................. 75 18,150 18,225
Municipal securities ......... 5,234 5,234
Other securities ............ 55,934 4,264 60,198
56,009 27,648 83,657
Available-for-sale securities
U.S. Treasury securities ...... 99,154 99,154
Federal agencies: Mortgage-
backed ................. 3,480,108 3,480,108
TLGP securities ............ 260,388 260,388
Federal agencies: Other
agencies ................ 2,698,316 28,687 2,727,003
Municipal securities ......... 113,270 11,515 124,785
Private-label CMO .......... 477,319 477,319
Asset-backed securities ...... 573,218 407,098 980,316
Other securities ............ 53,987 8,214 62,201
3,111,845 4,203,497 895,932 8,211,274
MSRs . . . .................. 176,427 176,427
Derivative assets ............. 7,711 341,676 995 (62,626) 287,756
Equity investments ........... 25,872 25,872
Liabilities
Derivative liabilities ........... 119 233,597 5,231 238,947
(1) Amounts represent the impact of legally enforceable master netting agreements that allow the Company to
settle positive and negative positions and cash collateral held or placed with the same counterparties.
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