Huntington National Bank 2011 Annual Report Download - page 168

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The following tables provide detail on investment securities with unrealized losses aggregated by
investment category and the length of time the individual securities have been in a continuous loss position, at
December 31, 2011 and 2010.
Less than 12 Months Over 12 Months Total
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
(dollar amounts in thousands)
December 31, 2011
U.S. Treasury .................. $ — $ — $ — $ — $ — $ —
Federal Agencies:
Mortgage-backed securities ..... 417,614 (1,997) — — 417,614 (1,997)
TLGP securities .............. — — — — — —
Other agencies ............... 3,070 (3) — — 3,070 (3)
Total U.S. Government backed
securities backed securities ...... 420,684 (2,000) — — 420,684 (2,000)
Municipal securities ............. 6,667 (1) 7,311 (24) 13,978 (25)
Private label CMO .............. 11,613 (48) 51,039 (12,533) 62,652 (12,581)
Asset-backed securities ........... 252,671 (547) 113,663 (136,580) 366,334 (137,127)
Covered bonds ................. 363,694 (7,214) 14,684 (538) 378,378 (7,752)
Corporate Debt ................. 237,401 (3,652) 198,338 (1,662) 435,739 (5,314)
Other securities ................. 1,984 (16) — (265) 1,984 (281)
Total temporarily impaired
securities ................... $1,294,714 $(13,478) $385,035 $(151,602) $1,679,749 $(165,080)
Less than 12 Months Over 12 Months Total
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
(dollar amounts in thousands)
December 31, 2010
U.S. Treasury .................. $ 51,781 $ (644) $ — $ — $ 51,781 $ (644)
Federal Agencies
Mortgage-backed securities ..... 1,424,431 (51,328) — — 1,424,431 (51,328)
TLGP securities .............. — — — — — —
Other agencies ............... 1,217,074 (17,134) 4,771 (86) 1,221,845 (17,220)
Total U.S. Government backed
securities .................... 2,693,286 (69,106) 4,771 (86) 2,698,057 (69,192)
Municipal securities ............. 201,370 (6,363) 3,700 (120) 205,070 (6,483)
Private label CMO .............. — — 85,617 (13,820) 85,617 (13,820)
Asset-backed securities ........... 214,983 (2,129) 146,866 (138,719) 361,849 (140,848)
Covered bonds ................. 367,209 (12,502) — — 367,209 (12,502)
Corporate Debt ................. 288,660 (6,623) — — 288,660 (6,623)
Other securities ................. — — 41,218 (791) 41,218 (791)
Total temporarily impaired
securities ................... $3,765,508 $(96,723) $282,172 $(153,536) $4,047,680 $(250,259)
At December 31, 2011, the carrying value of investment securities pledged to secure public and trust
deposits, trading account liabilities, U.S. Treasury demand notes, and security repurchase agreements totaled
$3.6 billion. There were no securities of a single issuer, which are not governmental or government-sponsored,
that exceeded 10% of shareholders’ equity at December 31, 2011.
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