| Other Long-term Debt [Table Text Block] |
| |
|
|
At December 31, |
|
(dollar amounts in thousands)
|
|
2011 |
|
|
2010 |
|
1.28% The Huntington National Bank medium-term notes due through 2018 (1)
|
$ |
641,443 |
|
$ |
638,950 |
|
0.93% Securitization trust notes payable due through 2018 (2)
|
|
333,644 |
|
|
877,270 |
|
5.54% Securitization trust note payable due 2014 (3)
|
|
123,039 |
|
|
356,089 |
|
5.64% Securitization trust note payable due 2013 (4)
|
|
18,230 |
|
|
151,937 |
|
2.60% Class B preferred securities of subsidiary, no maturity (5)
|
|
65,000 |
|
|
65,000 |
|
7.88% Class C preferred securities of subsidiary, no maturity
|
|
50,000 |
|
|
50,000 |
|
Other
|
|
161 |
|
|
4,846 |
|
Total other long-term debt
|
$ |
1,231,517 |
|
$ |
2,144,092 |
| |
|
|
|
|
|
|
| (1) Bank notes had fixed rates and variable rates with a weighted-average interest rate of 1.28% at December 31, 2011. |
| (2) Variable effective rate at December 31, 2011, based on one month LIBOR + 0.67 or 0.93%. |
| (3) Combination of fixed rates with a weighted average rate at December 31, 2011 of 5.54%. |
| (4) Combination of fixed and variable rates with a weighted average interest rate of 5.64% at December 31, 2011. |
| (5) Variable effective rate at December 31, 2011, based on one month LIBOR + 2.35 or 2.60%. |
|