Huntington National Bank 2014 Annual Report Download - page 143

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137
4. AVAILABLE-FOR-SALE AND OTHER SECURITIES
Contractual maturities of available-for-sale and other securities as of December 31, 2014 and 2013 were:
2014 2013
Amortized Fair Amortized Fair
(dollar amounts in thousands) Cost Value Cost Value
Under 1 year $ 355,486 $ 355,465 $ 263,366 $ 262,752
1 - 5 years 1,047,492 1,066,041 1,665,644 1,697,234
6 - 10 years 1,517,974 1,527,195 1,440,056 1,433,303
Over 10 years 6,090,688 6,086,980 3,662,328 3,577,502
Other securities:
N
onmarketable equity securities 331,559 331,559 320,991 320,991
Marketable equity securities 16,687 17,430 16,522 16,971
Total available-for-sale and other securities $ 9,359,886 $ 9,384,670 $ 7,368,907 $ 7,308,753
Other securities at December 31, 2014 and 2013 include nonmarketable equity securities of $157.0 million and $165.6 million of
stock issued by the FHLB of Cincinnati, and $174.5 million and $155.4 million of Federal Reserve Bank stock, respectively.
Nonmarketable equity securities are recorded at amortized cost. Other securities also include marketable equity securities.
The following tables provide amortized cost, fair value, and gross unrealized gains and losses recognized in OCI by investment
category at December 31, 2014 and 2013:
Unrealized
Amortized Gross Gross Fair
(dollar amounts in thousands) Cost Gains Losses Value
December 31, 2014
U.S. Treasury $ 5,435 $ 17 $ --- $ 5,452
Federal agencies:
Mortgage-backed securities 5,273,899 63,906 (15,104) 5,322,701
Other agencies 349,715 2,871 (1,043) 351,543
Total U.S. Treasury and Federal agency securities 5,629,049 66,794 (16,147) 5,679,696
Municipal securities 1,841,311 37,398 (10,140) 1,868,569
Private-label CMO 43,730 1,116 (2,920) 41,926
Asset-backed securities 1,014,999 2,061 (61,062) 955,998
Corporate debt securities 479,151 9,442 (2,417) 486,176
Other securities 351,646 743 (84) 352,305
Total available-for-sale and other securities $ 9,359,886 $ 117,554 $ (92,770) $ 9,384,670
Unrealized
Amortized Gross Gross Fair
(dollar amounts in thousands) Cost Gains Losses Value
December 31, 2013
U.S. Treasury $ 51,301 $ 303 $ --- $ 51,604
Federal agencies:
Mortgage-backed securities 3,562,444 42,319 (38,542) 3,566,221
Other agencies 313,877 6,105 (94) 319,888
Total U.S. Treasury and Federal agency securities 3,927,622 48,727 (38,636) 3,937,713
Municipal securities (1) 1,140,263 18,825 (13,096) 1,145,992
Private-label CMO 51,238 1,188 (3,322) 49,104
Asset-backed securities 1,172,284 6,771 (88,015) 1,091,040
Covered bonds 280,595 5,279 --- 285,874
Corporate debt securities 455,493 11,241 (9,494) 457,240
Other securities 341,412 511 (133) 341,790
Total available-for-sale and other securities $ 7,368,907 $ 92,542 $ (152,696) $ 7,308,753