Annual report pursuant to Section 13 and 15(d)

Federal Home Loan Bank Advances

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Federal Home Loan Bank Advances
12 Months Ended
Dec. 31, 2011
Banking and Thrift [Abstract]  
Federal Home Loan Bank Advances, Disclosure [Text Block]

10. Federal Home Loan Bank Advances

 

Huntington's long-term advances from the Federal Home Loan Bank had weighted average interest rates of 0.19% and 0.56% at December 31, 2011 and 2010, respectively. These advances, which predominantly had variable interest rates, were collateralized by qualifying real estate loans. As of December 31, 2011 and 2010, Huntington's maximum borrowing capacity was $3.5 billion and $2.3 billion, respectively. The advances outstanding at December 31, 2011 of $363.0 million mature as follows: $350.0 million in 2012; $5.2 million in 2013; $0.0 million in 2014; $0.0 million in 2015; and $0.0 million in 2016 and, $7.8 million thereafter.