Huntington National Bank 2010 Annual Report Download - page 197

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MSRs
Derivative
Instruments
Municipal
Securities
Private
Label CMO
Asset-
Backed
Securities
Automobile
Loans
Equity
Investments
Available-for-Sale Securities
Level 3 Fair Value Measurements
Year Ended December 31, 2009
(Dollar amounts in thousands)
Balance, beginning of
year ................. $167,438 $ 8,132 $ — $ 523,515 $ 464,027 $— $ 36,893
Total gains/losses:
Included in earnings ..... 9,707 (5,976) — (3,606) (40,039) — 408
Included in OCI ........ — — — 93,934 40,385 — —
Purchases ............... 2,388 (7,100) — 5,448 211,296 — 1,688
Sales................... — — — — (295,033) — —
Repayments ............. — — — — — — —
Issuances ............... — — — — 47,119 — —
Settlements .............. (3,106) 708 (185) (141,972) (20,657) — (13,117)
Transfers in/out of
Level 3(2) ............. — — 11,700 — — — —
Balance, end of year ...... $176,427 $(4,236) $11,515 $ 477,319 $ 407,098 $— $ 25,872
The amount of total gains or
losses for the period
included in earnings (or
OCI) attributable to the
change in unrealized gains
or losses relating to assets
still held at reporting
date.................. $ 9,707 $(8,475) $ — $ 90,328 $ (7,406) $— $ 408
(2) Transferred in to Level 3 as a result of a lack of observable market data due to a decrease in market
activity.
183