Huntington National Bank 2015 Annual Report Download - page 144

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Total Automobile 63 599 93 702
Residential mortgage:
Interest rate reduction 3 239 11 1,516
Amortization or maturity date change 73 6,776 82 8,974
Chapter 7 bankruptcy 8 843 37 3,187
Other ————
Total Residential mortgage 84 7,858 130 13,677
First-lien home equity:
Interest rate reduction 4 387 5 335
Amortization or maturity date change 4 258 16 2,109
Chapter 7 bankruptcy 28 2,283 16 1,005
Other ————
Total First-lien home equity 36 2,928 37 3,449
Junior-lien home equity:
Interest rate reduction 3 411 1 11
Amortization or maturity date change 41 1,644 31 1,841
Chapter 7 bankruptcy 18 401 39 620
Other ————
Total Junior-lien home equity 62 2,456 71 2,472
Other consumer:
Interest rate reduction ————
Amortization or maturity date change ————
Chapter 7 bankruptcy ————
Other ————
Total Other consumer ————
Total troubled debt restructurings with subsequent redefault 304 $ 32,444 370 $ 31,344
(1) Subsequent redefault is defined as a payment redefault within 12 months of the restructuring date. Payment redefault is defined
as 90-days past due for any loan in any portfolio or class. Any loan in any portfolio may be considered to be in payment
redefault prior to the guidelines noted above when collection of principal or interest is in doubt.
Pledged Loans and Leases
The Bank has access to the Federal Reserve’s discount window and advances from the FHLB – Cincinnati. As of December 31,
2015, these borrowings and advances are secured by $17.5 billion of loans and securities.
On March 31, 2015, Huntington completed its acquisition of Macquarie Equipment Finance, which we have re-branded
Huntington Technology Finance. Huntington assumed debt associated with two securitizations. As of December 31, 2015, the debt is
secured by $185 million of on balance sheet leases held by the trusts.