Huntington National Bank 2013 Annual Report Download - page 139

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133
Residential mortgage:
Interest rate reduction 4 $ 424 2 $ 61
Amortization or maturity date change 78 11,263 100 13,574
Chapter 7 bankruptcy 71 6,647 30 4,085
Other 2 418 7 804
Total Residential mortgage 155 $ 18,752 139 $ 18,524
First-lien home equity:
Interest rate reduction 1 $ 87 11 $ 932
Amortization or maturity date change 6 629 5 503
Chapter 7 bankruptcy 16 1,235 2 124
Other --- --- --- ---
Total First-lien home equity 23 $ 1,951 18 $ 1,559
Junior-lien home equity:
Interest rate reduction 1 $ --- 2 $ 112
Amortization or maturity date change 9 478 3 99
Chapter 7 bankruptcy 40 718 7 30
Other --- --- --- ---
Total Junior-lien home equity 50 $ 1,196 12 $ 241
Other consumer:
Interest rate reduction --- $ --- 1 $ ---
Amortization or maturity date change --- --- 3 ---
Chapter 7 bankruptcy 3 96 --- ---
Other --- --- --- ---
Total Other consumer 3 $ 96 4 $ ---
Total troubled debt restructurings with
subsequent redefault 457 $ 30,648 393 $ 29,617
(1) Subsequent redefault is defined as a payment redefault within 12 months of the restructuring date. Payment
redefault is defined as 90-days past due for any loan in any portfolio or class. Any loan in any portfolio may
be considered to be in payment redefault prior to the guidelines noted above when collection of principal or
interest is in doubt.
Pledged Loans and Leases
The Bank has access to the Federal Reserve’s discount window and advances from the FHLB – Cincinnati. At December 31,
2013, these borrowings and advances are secured by $19.8 billion of loans.
4. AVAILABLE-FOR-SALE AND OTHER SECURITIES
Contractual maturities of available-for-sale and other securities as of December 31, 2013 and 2012 were:
2013 2012
Amortized Fair Amortized Fair
(dollar amounts in thousands) Cost Value Cost Value
Under 1 year $ 263,366 $ 262,752 $ 60,054 $ 60,651
1 - 5 years 1,665,644 1,697,234 1,961,217 2,005,022
6 - 10 years 1,440,056 1,433,303 1,170,807 1,208,054
Over 10 years 3,662,328 3,577,502 3,989,977 3,967,196
Other securities:
N
onmarketable equity securities 320,991 320,991 308,075 308,075
Marketable equity securities 16,522 16,971 16,877 17,177
Total available-for-sale and other securities $ 7,368,907 $ 7,308,753 $ 7,507,007 $ 7,566,175