Huntington National Bank 2013 Annual Report Download - page 56

50
Of the $130.0 million of CRE and C&I-related NALs at December 31, 2013, $50.3 million, or 39%, represented loans that were
less than 30 days past due, demonstrating our continued commitment to proactive credit risk management.
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As discussed previously, residential mortgages are placed on nonaccrual status at 150-days past due, with the exception of
residential mortgages guaranteed by government organizations which continue to accrue interest. First-lien home equity loans are
placed on nonaccrual status at 150-days past due. Junior-lien home equity loans are placed on nonaccrual status at the earlier of 120-
days past due or when the related first-lien loan has been identified as nonaccrual.
The following table reflects period-end accruing loans and leases 90 days or more past due for each of the last five years:
Table 14 - Accruing Past Due Loans and Leases
At December 31,
(dollar amounts in thousands) 2013 2012 2011 2010 2009
Accruing loans and leases past due 90 days or more
Commercial and industrial(1) $ 14,562 $ 26,648 $ --- $ --- $ ---
Commercial real estate(1) 39,142 56,660 --- --- ---
Automobile 5,055 4,418 6,265 7,721 10,586
Residential mortgage (excluding loans guaranteed
by the U.S. government) 2,469 2,718 45,198 53,983 78,915
Home equity 13,983 18,200 20,198 23,497 53,343
Other loans and leases 998 1,672 1,988 2,456 2,814
Total, excl. loans guaranteed by the U.S. government 76,209 110,316 73,649 87,657 145,658
Add: loans guaranteed by the U.S. government 87,985 90,816 96,703 98,288 101,616
Total accruing loans and leases past due 90 days
or more, including loans guaranteed by the U.S.
government $ 164,194 $ 201,132 $ 170,352 $ 185,945 $ 247,274
Ratios:
Excluding loans guaranteed by the U.S. government,
as a percent of total loans and leases 0.18 % 0.27 % 0.19 % 0.23 % 0.40 %
Guaranteed by the U.S. government, as a percent of
total loans and leases 0.20 0.22 0.25 0.26 0.28
Including loans guaranteed by the U.S. government,
as a percent of total loans and leases 0.38 0.49 0.44 0.49 0.68
(
1
)
2013 and 2012 amounts represent accruing purchased impaired loans related to the FDIC-assisted Fidelity Bank acquisition. Under the
applicable accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.
TDR Loans
(This section should be read in conjunction with Note 3 of the Notes to Consolidated Financial Statements.)
TDRs are modified loans in which a concession is provided to a borrower experiencing financial difficulties. TDRs can be
classified as either accrual or nonaccrual loans. Nonaccrual TDRs are included in NALs whereas accruing TDRs are excluded from
NALs, as it is probable that all contractual principal and interest due under the restructured terms will be collected. TDRs primarily
reflect our loss mitigation efforts to proactively work with borrowers having difficulty making their payments.