Huntington National Bank 2013 Annual Report Download - page 145

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139
December 31, 2013
December 31, 2012
Amortized Fair
Amortized
(dollar amounts in thousands) Cost Value
Cos
t
Fair Value
Federal agencies: mortgage-backed securities:
Under 1 year $ --- $ --- $ --- $ ---
1-5 years --- ---
--- ---
6-10 years 24,901 22,549
24,901 24,739
Over 10 years 3,574,156 3,506,018
1,624,483 1,672,702
Total Federal agencies: mortgage-backed securities 3,599,057 3,528,567 1,649,384 1,697,441
Other agencies:
Under 1 year --- ---
--- ---
1-5 years --- ---
--- ---
6-10 years 38,588 39,075
15,108 15,338
Over 10 years 189,999 185,097
69,399 71,341
Total other agencies 228,587 224,172 84,507 86,679
Total U.S. Government backed agencies 3,827,644 3,752,739 1,733,891 1,784,120
Municipal securities:
Under 1 year --- ---
--- ---
1-5 years --- ---
--- ---
6-10 years --- ---
--- ---
Over 10 years 9,023 8,159
9,985 9,985
Total municipal securities 9,023 8,159 9,985 9,985
Total held-to-maturity securities $3,836,667 $3,760,898 $1,743,876 $1,794,105
The following table provides amortized cost, gross unrealized gains and losses, and fair value by investment category at
December 31, 2013 and 2012:
Unrealized
Amortized Gross Gross Fair
(dollar amounts in thousands) Cost Gains Losses Value
December 31, 2013
Federal Agencies:
Mortgage-backed securities $ 3,599,057 $ 5,573 $ (76,063) $ 3,528,567
Other agencies 228,587 776 (5,191) 224,172
Total U.S. Government
backed securities 3,827,644 6,349 (81,254) 3,752,739
Municipal securities 9,023 --- (864) 8,159
Total held-to-maturity securities $ 3,836,667 $ 6,349 $ (82,118) $ 3,760,898
Unrealized
Amortized Gross Gross Fair
(dollar amounts in thousands) Cost Gains Losses Value
December 31, 2012
Federal Agencies:
Mortgage-backed securities $ 1,649,384 $ 48,219 $ (162) $ 1,697,441
Other agencies 84,507 2,172 --- 86,679
Total U.S. Government
backed securities 1,733,891 50,391 (162) 1,784,120
Municipal securities 9,985 --- --- 9,985
Total held-to-maturity securities $ 1,743,876 $ 50,391 $ (162) $ 1,794,105