Quarterly report pursuant to Section 13 or 15(d)

Benefit Plans (Tables)

v2.4.0.6
Benefit Plans (Tables)
 3 Months Ended
Mar. 31, 2012
Benefit Plans [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]

The following table shows the components of net periodic benefit expense of the Plan and the Post-Retirement Benefit Plan:

    Pension Benefits     Post Retirement Benefits  
    Three Months Ended     Three Months Ended  
    March 31,     March 31,  
(dollar amounts in thousands)   2012     2011     2012     2011  
Service cost $ 6,217   $ 5,413   $ ---   $ ---  
Interest cost   7,304     7,518     338     405  
Expected return on plan assets   (11,433)     (10,823)     ---     ---  
Amortization of transition asset   (1)     (1)     ---     ---  
Amortization of prior service cost   (1,442)     (1,442)     (338)     (338)  
Amortization of gains (losses)   6,739     5,874     (83)     (106)  
Settlements   1,750     1,750     ---     ---  
Benefit expense $ 9,134   $ 8,289   $ (83)   $ (39)  
                         
Schedule of Allocation of Plan Assets [Table Text Block]

The Bank, as trustee, held all Plan assets at March 31, 2012, and December 31, 2011. The Plan assets consisted of investments in a variety of Huntington mutual funds and Huntington common stock as follows:

    Fair Value
(dollar amounts in thousands) March 31, 2012   December 31, 2011
Cash $ 511 --- %   $ 25 --- %
Cash equivalents:                  
  Huntington funds - money market   11,188 2       39,943 7  
Fixed income:                  
  Huntington funds - fixed income funds   200,096 35       174,615 32  
Equities:                  
  Huntington funds   319,595 55       283,963 53  
  Huntington common stock   48,282 8       40,424 8  
Fair value of plan assets $ 579,672 100 %   $ 538,970 100 %
Schedule of Costs of Retirement Plans [Table Text Block]

The following table shows the costs of providing the SERP, SRIP, and defined contribution plans:

       
    Three Months Ended  
    March 31,  
(dollar amounts in millions)   2012     2011  
SERP & SRIP $ 0.8   $ 0.7  
Defined contribution plan   4.5     3.7  
Benefit cost $ 5.3   $ 4.4