Huntington National Bank 2011 Annual Report Download - page 118

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NPAs, which include NALs, were $590.3 million at December 31, 2011, and represented 1.51% of total
loans and leases. This was significantly lower than $844.8 million, or 2.21% of related assets at the end of the
year-ago period. The $254.5 million decrease in NPAs from the end of the year-ago period primarily reflected the
$236.9 million decrease in NALs discussed above.
The over 90-day delinquent, but still accruing, ratio for total loans not guaranteed by a U.S. government
agency, was 0.19% at December 31, 2011, representing a 4 basis point decline compared with December 31,
2010.
ACL
(This section should be in read in conjunction with Note 3 of the Notes to Consolidated Financial Statements.)
At December 31, 2011, the ALLL was $964.8 million, down $284.2 million, or 23%, from $1,249.0 million
at December 31, 2010. Expressed as a percent of period-end loans and leases, the ALLL ratio at December 31,
2011, was 2.48%, a decline from 3.28% at December 31, 2010. The ALLL as a percent of NALs was 178% at
December 31, 2011, an increase from 161% at 2010.
At December 31, 2011, the AULC was $48.5 million, an increase of $6.3 million, or 15%, compared with
December 31, 2010. This increase primarily reflected the downgrade of a commercial letter-of-credit associated
with one relationship.
On a combined basis, the ACL as a percent of total loans and leases at December 31, 2011, was 2.60%,
down from 3.39% at December 31, 2010. This decline was primarily a result of the improvement in the
underlying quality of the portfolio. While the total ACL balance declined, and the resulting ACL-to-loan
coverage ratio declined, the ACL as a percent of NALs improved to 187% at December 31, 2011 from 166% at
December 31, 2010, indicating additional strength in the ACL level relative to the level of problem loans.
104