Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 847,156 $ 1,220,565
Interest-bearing deposits in banks 51,838 64,559
Trading account securities 36,997 42,191
Loans held for sale [1] 474,621 416,327
Available-for-sale and other securities 8,775,441 9,384,670
Held-to-maturity securities 6,159,590 3,379,905
Loans and leases (includes $34,637 and $50,617 respectively, measured at fair value)    
Commercial and industrial loans and leases [1] 20,559,834 19,033,146
Commercial real estate loans [1] 5,268,651 5,197,403
Automobile loans [1] 9,480,678 8,689,902
Home equity loans [1] 8,470,482 8,490,915
Residential mortgage loans [1] 5,998,400 5,830,609
Other consumer loans [1] 563,054 413,751
Loans and leases [1] 50,341,099 47,655,726
Allowance for loan and lease losses (597,843) (605,196)
Net loans and leases 49,743,256 47,050,530
Bank owned life insurance 1,757,668 1,718,436
Premises and equipment 620,540 616,407
Goodwill 676,869 522,541
Other intangible assets 54,978 74,671
Accrued income and other assets 1,845,597 1,807,208
Total assets 71,044,551 66,298,010
Deposits in domestic offices    
Demand deposits—noninterest-bearing 16,479,984 15,393,226
Interest-bearing 38,547,587 35,937,873
Deposits in foreign offices 267,408 401,052
Deposits 55,294,979 51,732,151
Short-term borrowings 615,279 2,397,101
Long-term debt 7,067,614 4,335,962
Accrued expenses and other liabilities 1,472,073 1,504,626
Total liabilities $ 64,449,945 $ 59,969,840
Commitments and contingencies
Shareholders’ equity    
Common stock $ 7,970 $ 8,131
Capital surplus 7,038,502 7,221,745
Less treasury shares, at cost (17,932) (13,382)
Accumulated other comprehensive loss (226,158) (222,292)
Retained (deficit) earnings (594,067) (1,052,324)
Total shareholders’ equity 6,594,606 6,328,170
Total liabilities and shareholders’ equity $ 71,044,551 $ 66,298,010
Common shares authorized (par value of $0.01) (in shares) 1,500,000,000 1,500,000,000
Common shares issued (in shares) 796,969,694 813,136,321
Common shares outstanding (in shares) 794,928,886 811,454,676
Treasury shares outstanding (in shares) 2,040,808 1,681,645
Preferred shares issued (in shares) 1,967,071 1,967,071
Preferred shares outstanding (in shares) 398,006 398,007
Series A Preferred Stock    
Shareholders’ equity    
Preferred Stock $ 362,506 $ 362,507
Total shareholders’ equity 362,506 362,507
Series B Preferred Stock    
Shareholders’ equity    
Preferred Stock 23,785 23,785
Total shareholders’ equity $ 23,785 $ 23,785
[1] Amounts represent loans for which Huntington has elected the fair value option.