Huntington National Bank 2014 Annual Report Download - page 136

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With an allowance recorded:
Commercial and Industrial: (3)
Owner occupied $ 40,271 $ 52,810 $ 3,421 $ 41,469 $ 1,390
Purchased credit-impaired 35,526 50,798 2,404 47,442 4,708
Other commercial and industrial 50,829 64,497 2,708 59,672 3,242
Total commercial and industrial $ 126,626 $ 168,105 $ 8,533 $ 148,583 $ 9,340
Commercial real estate: (4)
Retail properties $ 72,339 $ 93,395 $ 5,984 $ 64,414 $ 1,936
Multi family 13,484 15,408 1,944 14,922 651
Office 50,307 54,921 9,927 48,113 1,808
Industrial and warehouse 9,162 10,561 808 15,322 541
Purchased credit-impaired --- --- --- --- ---
Other commercial real estate 42,544 50,960 16,272 36,687 1,547
Total commercial real estate $ 187,836 $ 225,245 $ 34,935 $ 179,458 $ 6,483
Automobile $ 37,084 $ 38,758 $ 682 $ 39,861 $ 2,955
Home equity:
Secured by first-lien $ 110,024 $ 116,846 $ 2,396 $ 96,184 $ 4,116
Secured by junior-lien 98,957 143,967 5,607 65,986 3,379
Total home equity $ 208,981 $ 260,813 $ 8,003 $ 162,170 $ 7,495
Residential mortgage:
Residential mortgage $ 387,937 $ 427,924 $ 10,555 $ 377,530 $ 11,752
Purchased credit-impaired 2,498 3,681 36 2,285 331
Total residential mortgage $ 390,435 $ 431,605 $ 10,591 $ 379,815 $ 12,083
Other consumer:
Other consumer $ 1,041 $ 1,041 $ 136 $ 2,111 $ 116
Purchased credit-impaired --- --- --- --- ---
Total other consumer $ 1,041 $ 1,041 $ 136 $ 2,111 $ 116
(1) These tables do not include loans fully charged-off.
(2) All automobile, home equity, residential mortgage, and other consumer impaired loans included in these tables are considered
impaired due to their status as a TDR.
(3) At December 31, 2014, $62,737 thousand of the $202,376 thousand C&I loans with an allowance recorded were considered
impaired due to their status as a TDR. At December 31, 2013, $43,805 thousand of the $126,626 thousand C&I loans with an
allowance recorded were considered impaired due to their status as a TDR.
(4) At December 31, 2014, $27,423 thousand of the $144,162 thousand CRE loans with an allowance recorded were considered
impaired due to their status as a TDR. At December 31, 2013, $24,805 thousand of the $187,836 thousand CRE loans with an
allowance recorded were considered impaired due to their status as a TDR.
(5) The differences between the ending balance and unpaid principal balance amounts represent partial charge-offs.
(6) At December 31, 2014, $24,470 thousand of the $371,489 thousand residential mortgage loans with an allowance recorded were
guaranteed by the U.S. government. At December 31, 2013, $49,225 thousand of the $390,435 thousand residential mortgage
loans with an allowance recorded were guaranteed by the U.S. government.
TDR Loans
TDRs are modified loans where a concession was provided to a borrower experiencing financial difficulties. Loan modifications
are considered TDRs when the concessions provided are not available to the borrower through either normal channels or other
sources. However, not all loan modifications are TDRs.
The amount of interest that would have been recorded under the original terms for total accruing TDR loans was $45.0 million,
$43.9 million, and $41.2 million for 2014, 2013, and 2012, respectively. The total amount of interest recorded to interest income for
these loans was $38.6 million, $35.7 million, and $32.2 million for 2014, 2013, and 2012, respectively.