Huntington National Bank 2013 Annual Report Download - page 48

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Other consumer loans/leases – Primarily consists of consumer loans not secured by real estate, including personal unsecured
loans. We introduced a consumer credit card product during 2013, utilizing a centralized underwriting system and focusing on
existing Huntington customers.
The table below provides the composition of our total loan and lease portfolio:
Table 9 - Loan and Lease Portfolio Composition
At December 31,
(dollar amounts in millions) 2013 2012 2011 2010 2009
Commercial:(1)
Commercial and industrial $ 17,594 41 % $ 16,971 42 % $ 14,699 38 % $ 13,063 34 % $ 12,888 35 %
Commercial real estate:
Construction 557 1 648 2 580 1 650 2 1,469 4
Commercial 4,293 10 4,751 12 5,246 13 6,001 16 6,220 17
Total commercial real estate 4,850 11 5,399 14 5,826 14 6,651 18 7,689 21
Total commercial 22,444 52 22,370 56 20,525 52 19,714 52 20,577 56
Consumer:
Automobile(2) 6,639 15 4,634 11 4,458 11 5,614 15 3,390 9
Home equity 8,336 19 8,335 20 8,215 21 7,713 20 7,563 21
Residential mortgage 5,321 12 4,970 12 5,228 13 4,500 12 4,510 12
Other consumer 380 2 419 1 498 3 566 1 751 2
Total consumer 20,676 48 18,358 44 18,399 48 18,393 48 16,214 44
Total loans and leases $ 43,120 100 % $ 40,728 100 % $ 38,924 100 % $ 38,107 100 % $ 36,791 100 %
(1) As defined by regulatory guidance, there were no commercial loans outstanding that would be considered a concentration of lending to a
particular industry or group of industries.
(2) 2011 included a decrease of $1.3 billion resulting from the transfer of automobile loans to loans held for a sale reflecting an automobile
securitization transaction completed in 2012. 2010 included an increase of $0.5 billion resulting from the adoption of a new accounting
standard to consolidate a previously off-balance sheet automobile loan securitization transaction.
As shown in the table above, our loan portfolio is diversified by consumer and commercial credit. We manage the credit exposure
via a corporate level credit concentration policy. The policy designates specific loan types, collateral types, and loan structures to be
formally tracked and assigned limits as a percentage of capital. C&I lending by segment, specific limits for CRE primary project
types, loans secured by residential real estate, shared national credit exposure, unsecured lending, and designated high risk loan
definitions represent examples of specifically tracked components of our concentration management process. Our concentration
management process is approved by our board level Risk Oversight Committee and is one of the strategies utilized to ensure a high
quality, well diversified portfolio that is consistent with our overall objective of maintaining an aggregate moderate-to-low risk
profile.
The table below provides our total loan and lease portfolio segregated by the primary type of collateral securing the loan or lease:
Table 10 - Total Loan and Lease Portfolio by Collateral Type
At December 31,
(dollar amounts in millions) 2013 2012 2011 2010 2009
Secured loans:
Real estate - commercial $ 8,622 20 % $ 9,128 22 % $ 9,557 25 % $ 10,389 27 % $ 11,286 31 %
Real estate - consumer 13,657 32 13,305 33 13,444 35 12,214 32 12,176 33
Vehicles 8,989 21 6,659 16 6,021 15 7,134 19 4,600 13
Receivables/Inventory 5,534 13 5,178 13 4,450 11 3,763 10 3,582 10
Machinery/Equipment 2,738 6 2,749 7 1,994 5 1,766 5 1,772 5
Securities/Deposits 786 2 826 2 800 2 734 2 1,145 3
Other 1,016 2 1,090 3 1,018 3 990 2 1,124 2
Total secured loans and leases 41,342 96 38,935 96 37,284 96 36,990 97 35,685 97
Unsecured loans and leases 1,778 4 1,793 4 1,640 4 1,117 3 1,106 3
Total loans and leases $ 43,120 100 % $ 40,728 100 % $ 38,924 100 % $ 38,107 100 % $ 36,791 100 %