1
EXHIBIT 25.1
United States
Securities and Exchange Commission
Washington, D.C. 20549
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FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE
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CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF
A TRUSTEE PURSUANT TO SECTION 305(b)(2)
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THE HUNTINGTON NATIONAL BANK
(Exact name of trustee as specified in its charter)
- ------------------------------------ 31-0966785
(Jurisdiction of incorporation or organization (IRS Employer
if not a U.S. national bank) Identification Number)
41 S. High Street
Columbus, Ohio 43215
(Address of principal executive offices) (Zip Code)
Richard A. Cheap, General Counsel and Secretary
The Huntington National Bank
41 S. High Street - HC3412
Columbus, Ohio 43215
Tel: (614) 480-4647
(Name, address and telephone number of agent for service)
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VENTURE HOLDINGS TRUST
(Exact name of obligor as specified in its charter)
Michigan 38-6530870
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification Number)
33662 James J. Pompo Drive
Fraser, Michigan 48026 48026
(Address of principal executive offices) (Zip Code)
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VENTURE HOLDINGS TRUST 11% SENIOR NOTES DUE 2007
Debt Securities
(Title of the indenture securities)
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GENERAL
Pursuant to General Instruction B of the Form T-1, the applicant is providing
responses to only Items 1, 2, and 16 of the Form T-1 since the obligor is not in
default.
Item 1. General Information
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervising authority to which it is
subject.
Office of the Comptroller of the Currency Federal Deposit Insurance
Central District Corporation
One Financial Plaza Chicago Region
440 South LaSalle, Suite 2700 30 South Wacker Drive
Chicago, Illinois 60605 Chicago, Illinois 60505
Board of Governors of the Federal Reserve System
Washington, D.C. 20551
Federal Reserve Bank of Cleveland - District No. 4
1455 East Sixth Street
Cleveland, Ohio 44115
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with the obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
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16. List of Exhibits
List below all exhibits filed as a part of this Statement of Eligibility.
1. A copy of the Articles of Association of the Trustee as now in effect (see
Item 16, Exhibit 1 to Form T-1 filed in connection with Registration Statement
No. 33-80090 which is incorporated by reference).
2. A copy of the Certificate of Authority of the Trustee to Commence Business
(see Item 16, Exhibit 2 to Form T-1 filed in connection with Registration
Statement No. 33-80090, which is incorporated by reference).
3. A copy of the authorization of the Trustee to exercise corporate trust
powers (see Item 16, Exhibit 3 to Form T-1 filed in connection with Registration
Statement No. 33-80090, which is incorporated by reference).
4. A copy of the existing By Laws of the Trustee (see Item 16, Exhibit 4 to
Form T-1 filed in connection with Registration Statement No. 33-80090, which is
incorporated by reference).
5. Not applicable.
6. The consent of the Trustee required by Section 321 (b) of the Act (see Item
16, Exhibit 6 to Form T-1 filed in connection with Registration Statement No.
33-80090, which is incorporated by reference).
7. A copy of the latest report of condition of the Trustee, published pursuant
to law or the requirements of its supervising or examining authority.
8. Not applicable.
9. Not applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the
Trustee, The Huntington National Bank, a national association organized and
existing under the laws of the United States, has duly caused this statement of
eligibility to be signed on its behalf by the undersigned, thereunto duly
authorized, all in the City of Columbus and State of Ohio, on the 25th day of
June, 1999.
THE HUNTINGTON NATIONAL BANK
--------------------------------
(Trustee)
By: /s/ Candada J. Moore
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Candada J. Moore, Vice President
(Name and Title)
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Exhibit 7 to Form T-1
Board of Governors of the Federal Reserve System
OMB Number: 7100-0036
Federal Deposit Insurance Corporation
OMB Number: 3064-0052
Office of the Comptroller of the Currency
OMB Number: 1557-0081
FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL Expires March 31, 2001
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[LOGO]
|1|
Please refer to page i,
Table of Contents, for
the required disclosure
of estimated burden.
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CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR
A BANK WITH DOMESTIC AND FOREIGN OFFICES -- FFIEC 031
REPORT AT THE CLOSE OF BUSINESS MARCH 31, 1999 (19990331)
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(RCRI 9999)
This report is required by law: 12 U.S.C. ss.324 (State This report form is to be filed by banks with branches and
member banks); 12 U.S.C. ss.1817 (State nonmember banks); consolidated subsidiaries in U.S. territories and possessions,
and 12 U.S.C. ss.161 (National banks). Edge or Agreement subsidiaries, foreign branches, consolidated
foreign subsidiaries, or International Banking Facilities.
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NOTE: The Reports of Condition and Income must be signed by The Reports of Condition and Income are to be prepared in
an authorized officer and the Report of Condition must be accordance with Federal regulatory authority instructions.
attested to by not less than two directors (trustees) for
State nonmember banks and three directors for State member We, the undersigned directors (trustees), attest to the
and National banks. correctness of the Report of Condition (including the
supporting schedules) for this report date and declare that it
I, John VanFleet, SVP and Controller has been examined by us and to the best of our knowledge and
--------------------------------------------------------- belief has been prepared in conformance with the instructions
Name and Title of Officer Authorized to Sign Report issued by the appropriate Federal regulatory authority and is
true and correct.
of the named bank do hereby declare that the Reports of
Condition and Income (including the supporting schedules)
for this report date have been prepared in conformance with
the instructions issued by the appropriate Federal
regulatory authority and are true to the best of my
knowledge and belief. -----------------------------------------------------------
Director (Trustee)
John D. VanFleet
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Signature of Officer Authorized to Sign Report Director (Trustee)
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Date of Signature Director (Trustee)
April 30, 1999
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SUBMISSION OF REPORTS
Each bank must prepare its Reports of Condition and Income For electronic filing assistance, contact EDS Call Report
either: Services 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone
(800) 255-1571.
(a) in electronic form and then file the computer data file
directly with the banking agencies' collection agent, To fulfill the signature and attestation requirement for the
Electronic Data Systems Corporation (EDS), by modem or Reports of Condition and Income for this report date, attach
on computer diskette; or this signature page (or a photocopy or a computer-generated
version of this page) to the hard-copy record of the completed
(b) in hard-copy (paper) form and arrange for another party report that the bank places in its files.
to convert the paper report to electronic form. That
party (if other than EDS) must transmit the bank's
computer data file to EDS.
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FDIC Certificate Number | | | | | | (RCRI 9050) Huntington National Bank
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Legal Title of Bank (Text 9010)
Columbus
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City (TEXT 9130)
OH 43215
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State Abbrev. (TEXT 9200) ZIP Code (TEXT 9220)
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency
5
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-1
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
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CONSOLIDATED REPORT OF INCOME
FOR THE PERIOD JANUARY 1, 1999-MARCH 31, 1999
All Report of Income schedules are to be reported on a calendar year-to-date
basis in thousands of dollars.
SCHEDULE RI--INCOME STATEMENT
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I480 <-
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Year-to-date
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Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Interest income:
a. Interest and fee income on loans:
(1) In domestic offices:
(a) Loans secured by real estate................................................. 4011 128,762 1.a.(1)(a)
(b) Loans to depository institutions............................................. 4019 493 1.a.(1)(b)
(c) Loans to finance agricultural production and other loans to farmers.......... 4024 2,338 1.a.(1)(c)
(d) Commercial and industrial loans.............................................. 4012 115,073 1.a.(1)(d)
(e) Acceptances of other banks................................................... 4026 17 1.a.(1)(e)
(f) Loans to individuals for household, family, and other personal expenditures:
(1) Credit cards and related plans.......................................... 4054 16,393 1.a.(1)(f)(1)
(2) Other................................................................... 4055 109,130 1.a.(1)(f)(2)
(g) Loans to foreign governments and official institutions....................... 4056 0 1.a.(1)(g)
(h) Obligations (other than securities and leases) of states and political
subdivisions in the U.S.:
(1) Taxable obligations..................................................... 4503 0 1.a.(1)(h)(1)
(2) Tax-exempt obligations.................................................. 4504 1,334 1.a.(1)(h)(2)
(i) All other loans in domestic offices.......................................... 4058 56 1.a.(1)(i)
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs..................... 4059 0 1.a.(2)
b. Income from lease financing receivables:
(1) Taxable leases.................................................................... 4505 42,274 1.b.(1)
(2) Tax-exempt leases................................................................. 4307 0 1.b.(2)
c. Interest income on balances due from depository institutions: (1)
(1) In domestic offices............................................................... 4105 20 1.c.(1)
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs..................... 4106 68 1.c.(2)
d. Interest and dividend income on securities:
(1) U.S. Treasury securities and U.S. Government agency obligations (INCLUDING
MORTGAGE-BACKED SECURITIES ISSUED OR GUARANTEED BY FNMA, FHLMC, OR GNMA).......... 4027 67,561 1.d.(1)
(2) Securities issued by states and political subdivisions in the U.S.:
(a) Taxable securities........................................................... 4506 1,195 1.d.(2)(a)
(b) Tax-exempt securities........................................................ 4507 3,373 1.d.(2)(b)
(3) Other domestic debt securities (INCLUDING MORTGAGE-BACKED SECURITIES NOT ISSUED OR
GUARANTEED BY FNMA, FHLMC, OR GNMA)............................................... 3657 5,159 1.d.(3)
(4) Foreign debt securities........................................................... 3658 61 1.d.(4)
(5) Equity securities (including investments in mutual funds)......................... 3659 453 1.d.(5)
e. Interest income from trading assets.................................................... 4069 32 1.e
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(1) Includes interest income on time certificates of deposit not held for
trading.
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Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-2
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
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SCHEDULE RI--CONTINUED
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Dollar Amounts in Thousands Year-to-date
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1. Interest income (continued) RIAD Bil Mil Thou
f. Interest income on federal funds sold and securities purchased under
agreements to resell ................................................ 4020 548 1.f.
g. Total interest income (sum of items 1.a through 1.f) ................ 4107 494,340 1.g.
2. Interest expense:
a. Interest on deposits:
(1) Interest on deposits in domestic offices:
(a) Transaction accounts (NOW accounts, ATS accounts, and
telephone and preauthorized transfer accounts) .............. 4508 5,911 2.a.(1)(a)
(b) Nontransaction accounts:
(1) Money market deposit accounts (MMDAs) ................... 4509 18,802 2.a.(1)(b)(1)
(2) Other savings deposits .................................. 4511 28,409 2.a.(1)(b)(2)
(3) Time deposits of $100,000 or more ....................... A517 22,809 2.a.(1)(b)(3)
(4) Time deposits of less than $100,000 ..................... A518 78,518 2.a.(1)(b)(4)
(2) Interest on deposits in foreign offices, Edge and Agreement
subsidiaries, and IBFs .......................................... 4172 3,395 2.a.(2)
b. Expense of federal funds purchased and securities sold under
agreements to repurchase ............................................ 4180 27,577 2.b.
c. Interest on demand notes issued to the U.S. Treasury, trading
liabilities, and other borrowed money ............................... 4185 37,057 2.c.
d. Not applicable
e. Interest on subordinated notes and debentures ....................... 4200 11,084 2.e.
f. Total interest expense (sum of items 2.a through 2.e) ............... 4073 233,562 2.f.
3. Net interest income (item 1.g minus 2.f) ............................... RIAD 4074 260,778 3.
4. Provisions:
a. Provision for credit losses ......................................... RIAD 4230 25,305 4.a.
b. Provision for allocated transfer risk ............................... RIAD 4243 0 4.b.
5. Noninterest income:
a. Income from fiduciary activities .................................... 4070 13,433 5.a.
b. Service charges on deposit accounts in domestic offices ............. 4080 37,035 5.b.
c. Trading revenue (must equal Schedule RI, sum of Memorandum
items 8.a through 8.d) .............................................. A220 1,712 5.c.
d.-e. Not applicable
f. Other noninterest income:
(1) Other fee income ................................................ 5407 40,169 5.f.(1)
(2) All other noninterest income*.................................... 5408 12,878 5.f.(2)
g. Total noninterest income (sum of item 5.a through 5.f) .............. RIAD 4079 105,227 5.g.
6. a. Realized gains (losses) on held-to-maturity securities .............. RIAD 3521 0 6.a.
b. Realized gains (losses) on available-for-sale securities ............ RIAD 3196 2,330 6.b.
7. Noninterest expense:
a. Salaries and employee benefits ...................................... 4135 96,386 7.a.
b. Expenses of premises and fixed assets (net of rental income)
(excluding salaries and employee benefits and mortgage interest) .... 4217 29,896 7.b.
c. Other noninterest expense* .......................................... 4092 72,577 7.c.
d. Total noninterest expense (sum of items 7.a through 7.c) ............ RIAD 4093 198,859 7.d.
8. Income (loss) before income taxes and extraordinary items and other
adjustments (item 3 plus or minus items 4.a, 4.b, 5.g, 6.a, 6.b,
and 7.d)................................................................ RIAD 4301 144,171 8.
9. Applicable income taxes (on item 8) .................................... RIAD 4302 47,046 9.
10. Income (loss) before extraordinary items and other adjustments (item 8
minus 9)................................................................ RIAD 4300 97,125 10.
11. Extraordinary items and other adjustments, net of income taxes* ........ RIAD 4320 0 11.
12. Net income (loss) (sum of items 10 and 11) ............................. RIAD 4340 97,125 12.
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*Describe on Schedule RI-E--Explanations.
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Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-3
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
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SCHEDULE RI--CONTINUED
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I481 <-
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Year-to-date
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Memoranda Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after
August 7, 1986, that is not deductible for federal income tax purposes............................ 4513 850 M.1.
2. Income from the sale and servicing of mutual funds and annuities in domestic offices
(included in Schedule RI, item 8)................................................................. 8431 6,747 M.2.
3.-4. Not applicable
5. Number of full-time equivalent employees at end of current period (round to Number
nearest whole number)............................................................................. 4150 9,603 M.5.
6. Not applicable
7. If the reporting bank has restated its balance sheet as a result of applying push down RIAD CC YY MM DD
accounting this calendar year, report the date of the bank's acquisition (1) ..............9106 00 00 00 00 M.7.
8. Trading revenue (from cash instruments and off-balance sheet derivative instruments)
(sum of Memorandum items 8.a through 8.d must equal Schedule RI, item 5.c): Bil Mil Thou
a. Interest rate exposures..................................................................... 8757 1,366 M.8.a.
b. Foreign exchange exposures.................................................................. 8758 346 M.8.b.
c. Equity security and index exposures......................................................... 8759 0 M.8.c.
d. Commodity and other exposures............................................................... 8760 0 M.8.d.
9. Impact on income of off-balance sheet derivatives held for purposes other than trading:
a. Net increase (decrease) to interest income.................................................. 8761 2,878 M.9.a.
b. Net (increase) decrease to interest expense................................................. 8762 3,736 M.9.b.
c. Other (noninterest) allocations............................................................. 8763 1,105 M.9.c.
10. Credit losses on off-balance sheet derivatives (see instructions)................................ A251 0 M.10.
11. Does the reporting bank have a Subchapter S election in effect for federal income tax YES NO
purposes for the current tax year?............................................................... A530 X M.11.
12. Deferred portion of total applicable income taxes included in Schedule RI, Bil Mil Thou
items 9 and 11 (to be reported with the December Report of Income)............................... 4772 N/A M.12.
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(1) For example, a bank acquired on June 1, 1997, would report 19970601.
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Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High Street Page RI-4
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 9:58
FDIC Certificate No.: |0|6|5|6|0|
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SCHEDULE RI-A -- CHANGES IN EQUITY CAPITAL
Indicate decreases and losses in parentheses.
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I483 <-
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Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Total equity capital originally reported in the
December 31, 1998, Reports of Condition and Income................ 3215 2,208,624 1.
2. Equity capital adjustments from amended Reports of
Income, net*...................................................... 3216 0 2.
3. Amended balance end of previous calendar year
(sum of items 1 and 2)............................................ 3217 2,208,624 3.
4. Net income (loss) (must equal Schedule RI, item 12)............... 4340 97,125 4.
5. Sale, conversion, acquisition, or retirement of
capital stock, net................................................ 4346 0 5.
6. Changes incident to business combinations, net.................... 4356 18,455 6.
7. LESS: Cash dividends declared on preferred stock................. 4470 0 7.
8. LESS: Cash dividends declared on common stock.................... 4460 47,284 8.
9. Cumulative effect of changes in accounting principles
from prior years* (see instructions for this schedule)............ 4411 0 9.
10. Corrections of material accounting errors from prior
years* (see instructions for this schedule)....................... 4412 0 10.
11. a. Change in net unrealized holding gains (losses) on
available-for-sale securities................................ 8433 (42,620) 11.a.
b. CHANGE IN ACCUMULATED NET GAINS (LOSSES) ON CASH
FLOW HEDGES.................................................. 4574 0 11.b.
12. Foreign currency translation adjustments.......................... 4414 0 12.
13. Other transactions with parent holding company* (not
included in items 5, 7, or 8 above)............................... 4415 0 13.
14. Total equity capital end of current period (sum of
items 3 through 13) (must equal Schedule RC, item 28)............. 3210 2,234,300 14.
*Describe on Schedule RI-E--Explanations.
SCHEDULE RI-B--CHARGE-OFFS AND RECOVERIES ON LOANS AND LEASES AND CHANGES IN
ALLOWANCE FOR CREDIT LOSSES
PART I. Charge-Offs and Recoveries on Loans and Leases
PART I Excludes Charge-Offs and Recoveries through the Allocated Transfer Risk
Reserve.
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I486 <-
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(Column A) (Column B)
Charge-offs Recoveries
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Calendar year-to-date
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Dollar Amounts in Thousands RIAD Bil Mil Thou RIAD Bil Mil Thou
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1. Loans secured by real estate:
a. To U.S. addressees (domicile)............................... 4651 1,775 4661 756 1.a.
b. To non-U.S. addressees (domicile)........................... 4652 0 4662 0 1.b.
2. Loans to depository institutions and acceptances of other banks:
a. To U.S. banks and other U.S. depository institutions........ 4653 0 4663 0 2.a.
b. To foreign banks............................................ 4654 0 4664 0 2.b.
3. Loans to finance agricultural production and other loans to
farmers.......................................................... 4655 7 4665 1 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile)............................... 4645 5,022 4617 759 4.a.
b. To non-U.S. addressees (domicile)........................... 4646 0 4618 0 4.b.
5. Loans to individuals for household, family, and other personal
expenditures:
a. Credit cards and related plans.............................. 4656 6,415 4666 1,109 5.a.
b. Other (includes single payment, installment, and all
student loans).............................................. 4657 16,560 4667 4,364 5.b.
6. Loans to foreign governments and official institutions........... 4643 0 4627 0 6.
7. All other loans.................................................. 4644 0 4628 0 7.
8. Lease financing receivables:
a. Of U.S. addressees (domicile)............................... 4658 2,752 4668 355 8.a.
b. Of non-U.S. addressees (domicile)........................... 4659 0 4669 0 8.b.
9. Total (sum of items 1 through 8)................................. 4635 32,531 4605 7,344 9.
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Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High Street Page RI-5
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 9:58
FDIC Certificate No.: |0|6|5|6|0|
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SCHEDULE RI-B--CONTINUED
PART I. CONTINUED
(Column A) (Column B)
Charge-offs Recoveries
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Memoranda Calendar year-to-date
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Dollar Amounts in Thousands RIAD Bil Mil Thou RIAD Bil Mil Thou
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1-3. Not applicable
4. Loans to finance commercial real estate, construction, and land
development activities (NOT SECURED BY REAL ESTATE) included in
Schedule RI-B, part I, items 4 and 7, above................................ 5409 0 5410 0 M.4.
5. Loans secured by real estate in domestic offices (included in
Schedule RI-B, part I, item 1, above):
a. Construction and land development.................................. 3582 119 3583 0 M.5.a.
b. Secured by farmland..................................................... 3584 0 3585 0 M.5.b.
c. Secured by 1-4 family residential properties:
(1) Revolving, open-end loans secured by 1-4 family residential
properties and extended under lines of credit....................... 5411 821 5412 96 M.5.c.(1)
(2) All other loans secured by 1-4 family residential properties........ 5413 223 5414 103 M.5.c.(2)
d. Secured by multifamily (5 or more) residential properties............... 3588 0 3589 0 M.5.d.
e. Secured by nonfarm nonresidential properties............................ 3590 612 3591 557 M.5.e.
PART II. CHANGES IN ALLOWANCE FOR CREDIT LOSSES
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Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Balance originally reported in the December 31, 1998, Reports of Condition and Income.............. 3124 288,315 1.
2. Recoveries (must equal or exceed part I, item 9, column B above)................................... 2419 7,344 2.
3. LESS: Charge-offs (must equal or exceed part I, item 9, column A above)............................ 2432 32,531 3.
4. Provision for credit losses (must equal Schedule RI, item 4.a)..................................... 4230 25,305 4.
5. Adjustments* (see instructions for this schedule).................................................. 4815 2,543 5.
6. Balance end of current period (sum of items 1 through 5) (must equal or exceed
Schedule RC, item 4.b)............................................................................. A512 290,976 6.
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* Describe on Schedule RI-E--Explanations.
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Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-6
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
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SCHEDULE RI-D--INCOME FROM INTERNATIONAL OPERATIONS
For all banks with foreign offices, Edge or Agreement subsidiaries, or IBFs
where international operations account for more than 10 percent of total
revenues, total assets, or net income.
PART I. ESTIMATED INCOME FROM INTERNATIONAL OPERATIONS
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I492 <--
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Year-to-date
--------------------
Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Interest income and expense booked at foreign offices, Edge and Agreement subsidiaries,
and IBF's
a. Interest income booked........................................................................ 4837 N/A 1.a.
b. Interest expense booked....................................................................... 4838 N/A 1.b.
c. Net interest income booked at foreign offices, Edge and Agreement subsidiaries, and
IBFs (item 1.a minus 1.b)..................................................................... 4839 N/A 1.c.
2. Adjustments for booking location of international operations:
a. Net interest income attributable to international operations booked at domestic offices....... 4840 N/A 2.a.
b. Net interest income attributable to domestic business booked at foreign offices............... 4841 N/A 2.b.
c. Net booking location adjustment (item 2.a minus 2.b).......................................... 4842 N/A 2.c.
3. Noninterest income and expense attributable to international operations:
a. Noninterest income attributable to international operations................................... 4097 N/A 3.a.
b. Provision for loan and lease losses attributable to international operations.................. 4235 N/A 3.b.
c. Other noninterest expense attributable to international operations............................ 4239 N/A 3.c.
d. Net noninterest income (expense) attributable to international operations (item 3.a
minus 3.b and 3.c)............................................................................ 4843 N/A 3.d.
4. Estimated pretax income attributable to international operations before capital allocation
adjustment (sum of items 1.c, 2.c, and 3.d)...................................................... 4844 N/A 4.
5. Adjustment to pretax income for internal allocations to international operations to reflect
the effects of equity capital on overall bank funding costs...................................... 4845 N/A 5.
6. Estimated pretax income attributable to international operations after capital allocation
adjustment(sum of times 4 and 5)................................................................. 4846 N/A 6.
7. Income taxes attributable to income from international operations as estimated in item 6......... 4797 N/A 7.
8. Estimated net income attributable to international operations (item 6 minus 7)................... 4341 N/A 8.
Memoranda
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Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Intracompany interest income included in item 1.a above.......................................... 4847 N/A M.1.
2. Intracompany interest expense included in item 1.b above......................................... 4848 N/A M.2.
PART II. SUPPLEMENTARY DETAILS ON INCOME FROM INTERNATIONAL OPERATIONS REQUIRED
BY THE DEPARTMENTS OF COMMERCE AND TREASURY FOR PURPOSES OF THE U.S.
INTERNATIONAL ACCOUNTS AND THE U.S. NATIONAL INCOME AND PRODUCT ACCOUNTS
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Year-to-date
--------------------
Dollar Amounts in Thousands RIAD Bil Mil Thou
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1. Interest income booked at IBFs................................................................... 4849 N/A 1.
2. Interest expense booked at IBFs.................................................................. 4850 N/A 2.
3. Noninterest income attributable to international operations booked at domestic offices
(excluding IBFs):
a. Gains (losses) and extraordinary items........................................................ 5491 N/A 3.a.
b. Fees and other noninterest income............................................................. 5492 N/A 3.b.
4. Provisions for loan and lease losses attributable to international operations booked at domestic
offices (excluding IBFs)......................................................................... 4852 N/A 4.
5. Other noninterest expense attributable to international operations booked at domestic offices
(excluding IBFs)................................................................................. 4853 N/A 5.
8
11
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-7
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RI-E--EXPLANATIONS
SCHEDULE RI-E IS TO BE COMPLETED EACH QUARTER ON A CALENDAR YEAR-TO-DATE BASIS.
Detail all adjustments in Schedule RI-A and RI-B, all extraordinary items and
other adjustments in Schedule RI, and all significant items of other noninterest
income and other noninterest expense in Schedule RI. (See instructions for
details.)
-----
I495 <-
-----------------
Year-to-date
-----------------
Dollar Amounts in Thousands RIAD Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------
1. All other noninterest income (from Schedule RI, item 5.f.(2))
Report amounts that exceed 10% of Schedule RI, item 5.f.(2):
a. Net gains (losses) on other real estate owned .............................................. 5415 0 1.a.
b. Net gains (losses) on sales of loans ....................................................... 5416 0 1.b.
c. Net gains (losses) on sales of premises and fixed assets.................................... 5417 0 1.c.
Itemize and describe the three largest other amounts that exceed 10% of Schedule RI,
item 5.f.(2):
d. TEXT 4461 Income from Bank-Owned Life Insurance (BOLI) 4461 9,390 1.d.
e. TEXT 4462 Net losses on lease-and residuals 4462 1,468 1.e.
f. TEXT 4463 4463 1.f.
2. Other noninterest expense (from Schedule RI, item 7.c):
a. Amortization expense of intangible assets .................................................. 4531 8,592 2.a.
Report amounts that exceed 10% of Schedule RI, item 7.c:
b. Net (gains) losses on other real estate owned .............................................. 5418 0 2.b.
c. Net (gains) losses on sales of loans ....................................................... 5419 0 2.c.
d. Net (gains) losses on sales of premises and fixed assets ................................... 5420 0 2.d.
Itemize and describe the three largest other amounts that exceed 10% of Schedule RI,
item 7.c:
e. TEXT 4464 none 4464 0 2.e.
f. TEXT 4467 4467 2.f.
g. TEXT 4468 4468 2.g.
3. Extraordinary items and other adjustments and applicable income tax effect
(from Schedule RI, item 11) (itemize and describe all extraordinary items and
other adjustments):
a. (1) TEXT 6373 Effect of adopting FAS 133, "Accounting for Deriva 6373 0 3.a.(1)
(2) Applicable income tax effect RIAD 4486 0 3.a.(2)
b. (1) TEXT 4487 4487 3.b.(1)
(2) Applicable income tax effect RIAD 4488 3.b.(2)
c. (1) TEXT 4489 4489 3.c.(1)
(2) Applicable income tax effect RIAD 4491 3.c.(2)
4. Equity capital adjustments from amended Reports of Income (from Schedule RI-A, item 2)
(itemize and describe all adjustments):
a. TEXT 4492 n/a 4492 0 4.a.
b. TEXT 4493 4493 4.b.
5. Cumulative effect of change in accounting principles from prior years
(from Schedule RI-A, item 9) (itemize and describe all changes in accounting principles):
a. TEXT 4494 n/a 4494 0 5.a.
b. TEXT 4495 4495 5.b.
6. Corrections of material accounting errors from prior years (from Schedule RI-A, item 10)
(itemize and describe all corrections):
a. TEXT 4496 n/a 4496 0 6.a.
b. TEXT 4497 4497 6.b.
9
12
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RI-8
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RI-E--CONTINUED
--------------------
Year-to-date
--------------------
Dollar Amounts in Thousands RIAD Bil Mil Thou
- ------------------------------------------------------------------------------------------------------------------------
7. Other transactions with parent holding company (from Schedule RI-A, item 13)
(itemize and describe all such transactions):
a. TEXT 4498 n/a 4498 0 7.a.
b. TEXT 4499 4499 7.b.
8. Adjustments to allowance for credit losses (from Schedule RI-B, part II, item 5)
(itemize and describe all adjustments):
a. TEXT 4521 Change incident to business combination 4521 2,543 8.a.
b. TEXT 4522 4522 8.b.
9. Other explanations (the space below is provided for the bank to briefly describe, at its I498 I499
option, any other significant items affecting the Report of Income):
No comment [X] (RIAD 4769)
Other explanations (please type or print clearly):
(TEXT 4769)
10
13
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-1
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS FOR MARCH 31, 1999
All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, report the amount outstanding as of the last business day of the
quarter.
SCHEDULE RC -- BALANCE SHEET
-----
C400 <--
------------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- -----------------------------------------------------------------------------------------------------------------------------
ASSETS
1. Cash and balances due from depository institutions (from Schedule RC-A):
a. Noninterest-bearing balances and currency and coin(1) ....................................... 0081 957,763 1.a.
b. Interest-bearing balances (2) ............................................................... 0071 1,693 1.b.
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A) .................................. 1754 23,044 2.a.
b. Available-for-sale securities (from Schedule RC-B, column D) ................................ 1773 5,318,512 2.b.
3. Federal funds sold and securities purchased under agreements to resell ......................... 1350 22,730 3.
4. Loans and lease financing receivables:
a. Loans and leases, net of unearned income (from Schedule RC-C) RCFD 2122 19,991,705 4.a.
b. LESS: Allowance for loan and lease losses ................... RCFD 3123 290,976 4.b.
c. LESS: Allocated transfer risk reserve ....................... RCFD 3128 0 4.c.
d. Loans and leases, net of unearned income,
allowance, and reserve (item 4.a minus 4.b and 4.c) ......................................... 2125 19,700,729 4.d.
5. Trading assets (from Schedule RC-D) ............................................................ 3545 6,466 5.
6. Premises and fixed assets (including capitalized leases) ....................................... 2145 446,342 6.
7. Other real estate owned (from Schedule RC-M) ................................................... 2150 17,853 7.
8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)........ 2130 7,696 8.
9. Customers' liability to this bank on acceptances outstanding ................................... 2155 19,402 9.
10. Intangible assets (from Schedule RC-M) ......................................................... 2143 751,923 10.
11. Other assets (from Schedule RC-F) .............................................................. 2160 1,138,695 11.
12. Total assets (sum of items 1 through 11) ....................................................... 2170 28,412,848 12.
- -----------
(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
11
14
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-2
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC--CONTINUED
------------
Dollar Amounts in Thousands Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------------
LIABILITIES
13. Deposits:
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E,
part I) .................................................................................... RCON 2200 18,993,560 13.a.
(1) Noninterest-bearing(1) ................................ RCON 6631 2,982,925 13.a.(1)
(2) Interest-bearing ...................................... RCON 6636 16,010,635 13.a.(2)
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E,
part II) ................................................................................... RCFN 2200 209,856 13.b.
(1) Noninterest-bearing ................................... RCFN 6631 0 13.b.(1)
(2) Interest-bearing ...................................... RCFN 6636 209,856 13.b.(2)
14. Federal funds purchased and securities sold under agreements to repurchase .................... RCFD 2800 2,571,414 14.
15. a. Demand notes issued to the U.S. Treasury ................................................... RCON 2840 27,000 15.a.
b. Trading liabilities (from Schedule RC-D) ................................................... RCFD 3548 0 15.b.
16. Other borrowed money (includes mortgage indebtedness and obligations under
capitalized leases):
a. With a remaining maturity of one year or less .............................................. RCFD 2332 1,477,541 16.a.
b. With a remaining maturity of more than one year through three years ........................ RCFD A547 1,390,149 16.b.
c. With a remaining maturity of more than three years ......................................... RCFD A548 237,985 16.c.
17. Not applicable
18. Bank's liability on acceptances executed and outstanding ...................................... RCFD 2920 19,402 18.
19. Subordinated notes and debentures(2) .......................................................... RCFD 3200 767,901 19.
20. Other liabilities (from Schedule RC-G) ........................................................ RCFD 2930 483,740 20.
21. Total liabilities (sum of items 13 through 20) ................................................ RCFD 2948 26,178,548 21.
22. Not applicable
EQUITY CAPITAL
23. Perpetual preferred stock and related surplus ................................................. RCFD 3838 0 23.
24. Common stock .................................................................................. RCFD 3230 40,000 24.
25. Surplus (exclude all surplus related to preferred stock) ...................................... RCFD 3839 832,836 25.
26. a. Undivided profits and capital reserves ..................................................... RCFD 3632 1,379,554 26.a.
b. Net unrealized holding gains (losses) on available-for-sale securities ..................... RCFD 8434 (18,090) 26.b.
c. Accumulated net gains (losses) on cash flow hedges ......................................... RCFD 4336 0 26.c.
27. Cumulative foreign currency translation adjustments ........................................... RCFD 3284 0 27.
28. Total equity capital (sum of items 23 through 27) ............................................. RCFD 3210 2,234,300 28.
29. Total liabilities and equity capital (sum of items 21 and 28) ................................. RCFD 3300 28,412,848 29.
Memorandum
To be reported only with the March Report of Condition.
1. Indicate in the box at the right the number of the statement below that best describes the
most comprehensive level of auditing work performed for the bank by independent external Number
auditors as of any date during 1998 ................................................................ RCFD 6724 2 M.1.
1 = Independent audit of the bank conducted in accordance
with generally accepted auditing standards by a
certified public accounting firm which submits a
report on the bank
2 = Independent audit of the bank's parent holding company
conducted in accordance with generally accepted
auditing standards by a certified public accounting
firm which submits a report on the consolidated
holding company (but not on the bank separately)
3 = Directors' examination of the bank conducted in
accordance with generally accepted auditing standards
by a certified public accounting firm (may be required
by state chartering authority)
4 = Directors' examination of the bank performed by other
external auditors (may be required by state chartering
authority)
5 = Review of the bank's financial statements by external
auditors
6 = Compilation of the bank's financial statements by external
auditors
7 = Other audit procedures (excluding tax preparation work)
8 = No external audit work
- ----------
(1) Includes total demand deposits and noninterest-bearing time and savings
deposits.
(2) Includes limited-life preferred stock and related surplus.
12
15
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-3
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No: 0|6|5|6|0
---------
SCHEDULE RC-A--CASH AND BALANCES DUE FROM DEPOSITORY INSTITUTIONS
Exclude assets held for trading
----
C405 <-
---------------------------------------------
(Column A) (Column B)
Consolidated Domestic
Bank Offices
----------------- -----------------
Dollar Amounts in Thousands RCFD Bil Mil Thou RCON Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------------------------
1. Cash items in process of collection, unposted debits, and currency and
coin................................................................... 0022 509,033 1.
a. Cash items in process of collection and unposted debits ........... 0020 244,129 1.a.
b. Currency and coin .................................................. 0080 264,904 1.b.
2. Balances due from depository institutions in the U.S................... 0082 145,140 2.
a. U.S. branches and agencies of foreign banks (including their IBFs).. 0083 0 2.a.
b. Other commercial banks in the U.S. and other depository institutions
in the U.S. (including their IBFs) ................................. 0085 145,140 2.b.
3. Balances due from banks in foreign countries and foreign central banks 0070 0 3.
a. Foreign branches of other U.S. banks ............................... 0073 0 3.a.
b. Other banks in foreign countries and foreign central banks ......... 0074 0 3.b.
4. Balances due from Federal Reserve Banks ............................... 0090 305,283 0090 305,283 4.
5. Total (sum of items 1 through 4) (total of column A must equal
Schedule RC, sum of items 1.a and 1.b) ................................ 0010 959,456 0010 959,456 5.
---------------------------------------------
Memorandum Dollar Amounts in Thousands RCON Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------------------
1. Noninterest-bearing balances due from commercial banks in the U.S. (included in item 2,
column B above) ........................................................................................... 0050 143,447 M.1.
SCHEDULE RC-B--SECURITIES
Exclude assets held for trading.
----
C410 <-
-----------------------------------------------------------------------------------
Held -To-maturity Available-for-sale
-----------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Amortized Cost Fair Value Amoritzed Cost Fair Value (1)
Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
- ------------------------------------------------------------------------------------------------------------------------------
1. U.S. Treasury Securities .......... 0211 156 0213 156 1286 745,580 1287 736,861 1.
2. U.S. Government agency obligations
(exclude mortgage-backed
securities):
a. Issued by U.S. Government
agencies (2) .................. 1289 0 1290 0 1291 0 1293 0 2.a.
b. Issued by U.S.Government-sponsored
agencies (3) .................. 1294 0 1295 0 1297 1,441,258 1298 1,428,169 2.b.
- ---------------------------
(1) Includes equity securities without readily determinable fair values at
historical cost in item 6.b, column D.
(2) Includes Small Business Administration "Guaranteed Loan Pool Certificates,"
U.S. Maritime Administration obligations, and Export-Import Bank
participation certificates.
(3) Includes obligations (other than mortgage-backed securities) issued by the
Farm Credit System, the Federal Home Loan Bank System, the Federal Home
Loan Mortgage Corporation, the Federal National Mortgage Association, the
Financing Corporation, Resolution Funding Corporation, the Student Loan
Marketing Association, and the Tennessee Valley Authority.
13
16
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-4
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No: |0|6|5|6|0|
-----------
SCHEDULE RC-B--CONTINUED
----------------------------------------------------------------------------------
Held-to-maturity Available-for-sale
----------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Amortized Cost Fair Value Amoritzed Cost Fair Value (1)
Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
3. Securities issued by states
and political subdivisions
in the U.S.:
a. General obligations ....... 1676 8,590 1677 8,691 1678 226,688 1679 226,797 3.a.
b. Revenue obligations ....... 1681 14,298 1686 14,567 1690 61,472 1691 62,175 3.b.
c. Industrial development
and similar obligations ... 1694 0 1695 0 1696 0 1697 0 3.c.
4. Mortgage-backed
securities (MBS):
a. Pass-through securities:
(1) Guaranteed by
GNMA .................. 1698 0 1699 0 1701 46,327 1702 47,290 4.a.(1)
(2) Issued by FNMA
and FHLMC ............. 1703 0 1705 0 1706 1,533,216 1707 1,524,292 4.a.(2)
(3) Other pass-through
securities ............ 1709 0 1710 0 1711 0 1713 0 4.a.(3)
b. Other mortagage-backed
securities (include CMOs,
REMICs, and stripped
MBS):
(1) Issued or guaranteed
by FNMA, FHLMC,
or GNMA ............... 1714 0 1715 0 1716 949,422 1717 949,373 4.b.(1)
(2) Collateralized
by MBS issued or
guaranteed by FNMA,
FHLMC, or GNMA ........ 1718 0 1719 0 1731 40 1732 40 4.b.(2)
(3) All other mortgage-backed
securities ............ 1733 0 1734 0 1735 0 1736 0 4.b.(3)
5. Other debt securities:
a. Other domestic debt
securities ................ 1737 0 1738 0 1739 309,287 1741 310,322 5.a.
b. Foreign debt
securities ................ 1742 0 1743 0 1744 3,499 1746 3,500 5.b.
6. Equity securities:
a. Investments in mutual
Funds and other equity
securities with readily
determinable fair values .. A510 0 A511 0 6.a.
b. All other equity
securities(1) ............. 1752 29,693 1753 29,693 6.b.
7. Total (sum of items 1
through 6) (total of
column A must equal
Schedule RC, item 2.a.)
(total of column D must
equal Schedule RC,
item 2.b) .................... 1754 23,044 1771 23,414 1772 5,346,482 1773 5,318,512 7.
- -------------------
(1) Includes equity securities without readily determinable fair values at
historical cost in item 6.b., column D.
14
17
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-5
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: 0|6|5|6|0
---------
SCHEDULE RC-B--CONTINUED
-----
Memoranda C412 <-
-----------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------
1. Pledged securities(1) .............................................................. 0416 2,267,548 M.1.
2. Maturity and repricing data for DEBT securities(1),(2) (excluding those in
nonaccrual status):
a. Securities issued by the U.S. Treasury, U.S. Government agencies, and states and
political subdivisions in the U.S.; other non-mortgage debt securities; and
mortgage pass-through securities other than those backed by closed-end first lien
1-4 family residential mortgages with a remaining maturity or repricing frequency
of:(3)(4)
(1) Three months or less ........................................................ A549 4,155 M.2.a.(1)
(2) Over three months through 12 months ......................................... A550 7,672 M.2.a.(2)
(3) Over one year through three years ........................................... A551 195,049 M.2.a.(3)
(4) Over three years through five years ......................................... A552 1,286,896 M.2.a.(4)
(5) Over five years through 15 years ............................................ A553 1,190,496 M.2.a.(5)
(6) Over 15 years ............................................................... A554 106,600 M.2.a.(6)
b. Mortgage pass-through securities backed by closed-end first lien 1-4 family
residential mortgages with a remaining maturity or repricing frequency of:(3)(5)
(1) Three months or less ........................................................ A555 0 M.2.b.(1)
(2) Over three months through 12 months ......................................... A556 0 M.2.b.(2)
(3) Over one year through three years ........................................... A557 9 M.2.b.(3)
(4) Over three years through five years ......................................... A558 0 M.2.b.(4)
(5) Over five years through 15 years ............................................ A559 801,981 M.2.b.(5)
(6) Over 15 years ............................................................... A560 769,592 M.2.b.(6)
c. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS; exclude
mortgage pass-through securities) with an expected average life of: (6)
(1) Three years or less ......................................................... A561 51,284 M.2.c.(1)
(2) Over three years ............................................................ A562 898,129 M.2.c.(2)
d. Debt securities with a REMAINING MATURITY of one year or less (included in
Memorandum items 2.a. through 2.c above) ........................................ A248 50,647 M.2.d.
3.-6. Not applicable
7. Amortized cost of held-to-maturity securities sold or transferred to available-for-
sale or trading securities during the calendar year-to-date (report the amortized
cost at date of sale or transfer) .................................................. 1778 0 M.7.
8. NOT APPLICABLE
9. Structured notes (included in the held-to-maturity and available-for-sale accounts
in Schedule RC-B, items 2, 3, and 5):
a. Amortized cost .................................................................. 8782 0 M.9.a.
b. Fair value ...................................................................... 8783 0 M.9.b.
- ----------------------
(1) Includes held-to-maturity securities at amortized cost and
available-for-sale securities at fair value.
(2) Exclude equity securities, e.g., investments in mutual funds, Federal
Reserve stock, common stock, and preferred stock.
(3) Report fixed rate debt securities by remaining maturity and floating rate
debt securities by reporting frequency.
(4) Sum of Memorandum items 2.a.(1) through 2.a.(6) plus any nonaccrual debt
securities in the categories of debt securities reported in Memorandum item
2.a that are included in Schedule RC-N, item 9, column C, must equal
Schedule RC-B, sum of items 1, 2, 3, and 5, columns A and D, plus mortgage
pass-through securities other than those backed by closed-end first lien 1-4
family residential mortgages included in Schedule RC-B, item 4.a, columns A
and D.
(5) Sum of Memorandum items 2.b.(1) through 2.b.(6) plus any nonaccrual
mortgage pass-through securities backed by closed-end first lien
1-4 family residential mortgages included in Schedule RC-N, item 9,
column C, must equal Schedule RC-B, item 4.a, sum of columns A and D, less
the amount of mortgage pass-through securities other than those backed by
closed-end first lien 1-4 family residential mortgages included in Schedule
RC-B, item 4.a columns A and D.
(6) Sum of Memorandum items 2.c.(1) and 2.c.(2) plus any nonaccrual "Other
mortgage-backed securities" included in Schedule RC-N, item 9,
column C, must equal Schedule RC-B, item 4.b, sum of columns A and D.
15
18
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-6
City, State Zip: Columbus, OH 43287 Printed 06/02/1999 at 15:00
FDIC Certificate No: |0|6|5|6|0|
-----------
SCHEDULE RC-C--LOANS AND LEASE FINANCING RECEIVABLES
PART I. LOANS AND LEASES
Do not deduct the allowance for loan and lease losses from amounts reported in
this schedule. Report total loans and leases, net of unearned income. Exclude
assets held for trading and commercial paper.
--------
C415 <-
---------------------------------------
(Column A) (Column B)
Consolidated Domestic
Bank Offices
---------------------------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou RCON Bil Mil Thou
- -----------------------------------------------------------------------------------------------------------------------
1. Loans secured by real estate............................................. 1410 8,314,657 1.
a. Construction and land development..................................... 1415 765,304 1.a.
b. Secured by farmland (including farm residential and other
improvements)......................................................... 1420 42,158 1.b.
c. Secured by 1-4 family residential properties:
(1) Revolving, open-end loans secured by 1-4 family residential
properties and extended under lines of credit..................... 1797 1,452,196 1.c.(1)
(2) All other loans secured by 1-4 family residential properties:
(a) Secured by first liens........................................ 5367 1,878,449 1.c.(2)(a)
(b) Secured by junior liens....................................... 5368 788,802 1.c.(2)(b)
d. Secured by multifamily (5 or more) residential properties............. 1460 185,533 1.d.
e. Secured by nonfarm nonresidential properties.......................... 1480 3,202,215 1.e.
2. Loans to depository institutions:
a. To commercial banks in the U.S. ...................................... 1505 22,115 2.a.
(1) To U.S. branches and agencies of foreign banks.................... 1506 0 2.a.(1)
(2) To other commercial banks in the U.S. ............................ 1507 22,115 2.a.(2)
b. To other depository institutions in the U.S. ......................... 1517 12,000 1517 12,000 2.b.
c. To banks in foreign countries......................................... 1510 0 2.c.
(1) To foreign branches of other U.S. banks........................... 1513 0 2.c.(1)
(2) To other banks in foreign countries............................... 1516 0 2.c.(2)
3. Loans to finance agricultural production and other loans to farmers...... 1590 111,614 1590 111,614 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile)......................................... 1763 4,576,582 1763 4,576,582 4.a.
b. To non-U.S. addressees (domicile)..................................... 1764 0 1764 0 4.b.
5. Acceptances of other banks:
a. Of U.S. banks......................................................... 1756 94 1756 94 5.a.
b. Of foreign banks...................................................... 1757 592 1757 592 5.b.
6. Loans to individuals for household, family, and other personal
expenditures (i.e., consumer loans) (includes purchased paper)........... 1975 4,529,490 6.
a. Credit cards and related plans (includes check credit and other
revolving credit plans)............................................... 2008 527,171 6.a.
b. Other (includes single payment, installment, and all student loans)... 2011 4,002,319 6.b.
7. Loans to foreign governments and official institutions (including
foreign central banks)................................................... 2081 0 2081 0 7.
8. Obligations (other than securities and leases) of states and political
subdivisions in the U.S. ................................................ 2107 92,772 2107 92,772 8.
9. Other loans.............................................................. 1563 205,804 9.
a. Loans for purchasing or carrying securities (secured and unsecured)... 1545 48,942 9.a.
b. All other loans (exclude consumer loans).............................. 1564 156,862 9.b.
10. Lease financing receivables (net of unearned income)..................... 2165 2,126,229 10.
a. Of U.S. addressees (domicile)......................................... 2182 2,126,229 10.a.
b. Of non-U.S. addressees (domicile)..................................... 2183 0 10.b.
11. LESS: Any unearned income on loans reflected in items 1-9 above.......... 2123 244 2123 244 11.
12. Total loans and leases, net of unearned income (sum of items 1
through 10 minus item 11) (total of column A must equal
Schedule RC, item 4.a)................................................... 2122 19,991,705 2122 19,991,705 12.
16
19
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-7
City, State Zip: Columbus, OH 43287 Printed 06/02/1999 at 15:00
FDIC Certificate No.: 0|6|5|6|0
---------
SCHEDULE RC-C-- CONTINUED
PART I. CONTINUED
Memoranda ------------------------
Dollar Amounts in Thousands Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
1. Not applicable
2. Loans and leases restructured and in compliance with modified terms (included in Schedule
RC-C, part I, above and not reported as past due or nonaccrual in Schedule RC-N,
Memorandum item 1):
a. Loans secured by real estate:
(1) To U.S. addressees (domicile)....................................................... RCFD 1687 2,214 M.2.a.(1)
(2) To non-U.S. addressees (domicile)................................................... RCFD 1689 0 M.2.a.(2)
b. All other loans and all lease financing receivables (exclude loans to individuals for
household, family, and other personal expenditures)...................................... RCFD 8691 550 M.2.b.
c. Commercial and industrial loans to and lease financing receivables of non-U.S.
addresses (domicile) included in Memorandum item 2.b above............................... RCFD 8692 0 M.2.c.
3. Maturity and repricing data for loans and leases (excluding those in nonaccrual status):
a. Closed-end loans secured by first liens on 1-4 family residential properties
in domestic offices (reported in Schedule RC-C, part I, item 1.c(2)(a), column B)
with a remaining maturity or repricing frequency of:(1)(2)
(1) Three months or less................................................................. RCON A564 354,289 M.3.a.(1)
(2) Over three months through 12 months.................................................. RCON A565 526,334 M.3.a.(2)
(3) Over one year through three years.................................................... RCON A566 181,930 M.3.a.(3)
(4) Over three years through five years.................................................. RCON A567 173,209 M.3.a.(4)
(5) Over five years through 15 years..................................................... RCON A568 266,945 M.3.a.(5)
(6) Over 15 years........................................................................ RCON A569 357,365 M.3.a.(6)
b. All loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A)
EXCLUDING closed-end loans secured by first liens on 1-4 family residential properties
in domestic offices (reported in Schedule RC-C, part I, item 1.c.(2)(a), column B)
with a remaining maturity or repricing frequency of:(1)(3)
(1) Three months or less................................................................. RCFD A570 7,404,692 M.3.b.(1)
(2) Over three months through 12 months.................................................. RCFD A571 1,584,994 M.3.b.(2)
(3) Over one year through three years.................................................... RCFD A572 3,400,671 M.3.b.(3)
(4) Over three years through five years.................................................. RCFD A573 4,216,478 M.3.b.(4)
(5) Over five years through 15 years..................................................... RCFD A574 1,374,939 M.3.b.(5)
(6) Over 15 years........................................................................ RCFD A575 75,987 M.3.b.(6)
c. Loans and leases (reported in Schedule RC-C, part I, items 1 through 10, column A)
with a REMAINING MATURITY of one year or less............................................ RCFD A247 3,868,481 M.3.c.
d. Loans secured by nonfarm nonresidential properties in domestic offices (reported in
Schedule RC-C, part I, item 1.e, column B) with a REMAINING MATURITY of over five years.. RCON A577 411,999 M.3.d.
e. Commercial and industrial loans (reported in Schedule RC-C, part I, item 4, column A)
with a REMAINING MATURITY of over three years............................................ RCFD A578 1,202,360 M.3.e.
- ------------
(1) Report fixed rate loans and leases by remaining maturity and floating rate
loans by repricing frequency.
(2) Sum of Memorandum items 3.a.(1) through 3.a.(6) plus total nonaccrual
closed-end loans secured by first liens on 1-4 family residential properties
in domestic offices included in Schedule RC-N, Memorandum item 3.c.(2),
column C, must equal total closed-end loans secured by first liens on 1-4
family residential properties from Schedule RC-C, part I, item 1.c. (2)(a),
column B.
(3) Sum of Memorandum items 3.b.(1) through 3.b.(6), plus total nonaccrual loans
and leases from Schedule RC-N, sum of items 1 through 8, column C, minus
nonaccrual closed-end loans secured by first liens on 1-4 family
residential properties in domestic offices included in Schedule RC-N,
Memorandum item 3.c.(2), column C, must equal total loans and leases from
Schedule RC-C, part I, sum of items 1 through 10, column A, minus total
closed-end loans secured by first liens on 1-4 family residential properties
in domestic offices from Schedule RC-C, part I, item 1.c.(2)(a), column B.
17
20
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-8
City, State Zip: Columbus, OH 43287 Printed 06/02/1999 at 15:00
SCHEDULE RC-C--CONTINUED
PART I. CONTINUED
Memoranda (continued)
-------------------------
Dollar Amounts in Thousands Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------------
4. Loans to finance commercial real estate, construction, and land development activities
(not secured by real estate) included in Schedule RC-C, part I, items 4 and 9, column A,
page RC-6(1)............................................................................... RCFD 2746 120,531 M.4.
5. Loans and leases held for sale (included in Schedule RC-C, part I, page RC-6).............. RCFD 5369 279,794 M.5.
6. Adjustable rate closed-end loans secured by first liens on 1 -4 family residential properties
in domestic offices (included in Schedule RC-C, part I, item 1.c.(2)(a), column B, page RC-6) RCON 5370 565,476 M.6.
- ----------
(1) Exclude loans secured by real estate that are included in Schedule RC-C,
part I, item 1, column A.
SCHEDULE RC-D TRADING ASSETS AND LIABILITIES
Schedule RC-D is to be completed only by banks with $1 billion or more in total
assets or with $2 billion or more in par/ notional amount of off-balance sheet
derivative contracts (as reported in Schedule RC-L, items 14.a through 14.e,
columns A through D).
-----
C420 <--
-----------------------
Dollar Amounts in Thousands Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------------
ASSETS
1. U.S. Treasury securities in domestic offices................................................. RCON 3531 0 1.
2. U.S. Government agency obligations in domestic offices (exclude mortgage- backed securities . RCON 3532 0 2.
3. Securities issued by states and political subdivisions in the U.S. in domestic offices....... RCON 3533 0 3.
4. Mortgages-backed securities (MBS) in domestic offices:
a. Pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA...................... RCON 3534 0 4.a.
b. Other mortgage-backed securities issued or guaranteed by FNMA, FHLMC, or GNMA
(include CMOs, REMICs, and stripped MBS).................................................. RCON 3535 0 4.b.
c. All other mortgage-backed securities...................................................... RCON 3536 0 4.c.
5. Other debt securities in domestic offices.................................................... RCON 3537 0 5.
6. -8. Not applicable.
9. Other trading assets in domestic offices..................................................... RCON 3541 6,466 9.
10. Trading assets in foreign offices............................................................ RCFN 3542 0 10.
11. Revaluation gains in interest rate, foreign exchange rate, and other commodity and equity
contracts:
a. In domestic offices....................................................................... RCON 3543 0 11.a.
b. In foreign offices........................................................................ RCFN 3543 0 11.b.
12. Total trading assets (sum of items 1 through 11) (must equal Schedule RC, item 5)............ RCFD 3545 6,466 12.
-----------------------
LIABILITIES Bil Mil Thou
-----------------------
13. Liability for short positions................................................................ RCFD 3546 0 13.
14. Revaluation losses on interest rate, foreign exchange rate, and other commodity and equity
contracts.................................................................................... RCFD 3547 0 14.
15. Total trading liabilities (sum of items 13 and 14) (must equal Schedule RC, item 15.b)....... RCFD 3548 0 15.
18
21
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-9
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: 06560
-----
SCHEDULE RC-E--DEPOSIT LIABILITIES
PART I DEPOSITS IN DOMESTIC OFFICES
-----
C425 <-
------------------------------------------------------------
Nontransaction
Transaction Accounts Accounts
------------------------------------------------------------
(Column A) (Column B) (Column C)
Total transaction Memo: Total Total
accounts (including demand deposits nontransaction
total demand (included in accounts
deposits) column A) (including MMDAs)
------------------------------------------------------------
Dollar Amounts in Thousands RCON Bil Mil Thou RCON Bil Mil Thou RCON Bil Mil Thou
- ------------------------------------------------------------------------------------------------------------------------
Deposits of:
1. Individuals, partnerships, and corporations.............. 2201 3,276,618 2240 2,684,472 2346 14,745,256 1.
2. U.S. Government.......................................... 2202 2,327 2280 2,327 2520 0 2.
3. States and political subdivisions in the U.S.............. 2203 97,381 2290 94,375 2530 670,227 3.
4. Commercial banks in the U.S.............................. 2206 61,706 2310 61,706 2550 0 4.
5. Other depository institutions in the U.S................. 2207 0 2312 0 2349 0 5.
6. Banks in foreign countries............................... 2213 1,044 2320 1,044 2236 0 6.
7. Foreign governments and official institutions
(including foreign central banks)........................ 2216 0 2300 0 2377 0 7.
8. Certified and official checks............................ 2330 139,001 2330 139,001 8.
9. Total (sum of items 1 through 8) (sum of
columns A and C must equal Schedule RC,
item 13.a)............................................... 2215 3,578,077 2210 2,982,925 2385 15,415,483 9.
Memoranda
-----------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
1. Selected components of total deposits (i.e., sum of item 9, columns A and C):
a. Total Individual Retirement Accounts (IRAs) and Keogh Plan accounts.............................. 6835 1,022,910 M.1.a.
b. Total brokered deposits.......................................................................... 2365 174,410 M.1.b.
c. Fully insured brokered deposits (included in Memorandum item 1.b above):
(1) Issued in denominations of less than $100,000................................................ 2343 0 M.1.c.(1)
(2) Issued EITHER in denominations of $100,000 OR in denominations greater than
$100,000 and participated out by the broker in shares of $100,000 or less.................... 2344 0 M.1.c.(2)
d. Maturity data for brokered deposits:
(1) Brokered deposits issued in denominations of less than $100,000 with a remaining
maturity of one year or less (included in Memorandum item 1.c.(1) above)...................... A243 0 M.1.d.(1)
(2) Brokered deposits issued in denominations of $100,000 or more with a remaining
maturity of one year or less (included in Memorandum item 1.b above).......................... A244 174,410 M.1.d.(2)
e. Preferred deposits (uninsured deposits of states and political subdivisions in the U.S.
reported in item 3 above which are secured or collateralized as required under state law)
(TO BE COMPLETED FOR THE DECEMBER REPORT ONLY)................................................... 5590 N/A M.1.e.
2. Components of total nontransaction accounts (sum of Memorandum items 2.a through 2.d
must equal item 9, column C above):
a. Savings deposits:
(1) Money market deposits accounts (MMDAs)....................................................... 6810 4,032,933 M.2.a.(1)
(2) Other savings deposits (excludes MMDAs)...................................................... 0352 3,748,469 M.2.a.(2)
b. Total time deposits of less than $100,000........................................................ 6648 5,709,983 M.2.b.
c. Total time deposits of $100,000 or more.......................................................... 2604 1,924,098 M.2.c.
3. All NOW accounts (included in column A above)....................................................... 2398 463,564 M.3.
4. Not applicable
19
22
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-10
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: 0|6|5|6|0
---------
SCHEDULE RC-E--CONTINUED
PART I. CONTINUED
Memoranda (continued)
---------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- --------------------------------------------------------------------------------------------------------
5. Maturity and repricing data for time deposits of less than $100,000:
a. Time deposits of less than $100,000 with a remaining maturity or repricing
frequency of: (1) (2)
(1) Three months or less.................................................. A579 1,697,311 M.5.a.(1)
(2) Over three months through 12 months................................... A580 2,432,943 M.5.a.(2)
(3) Over one year through three years..................................... A581 1,181,238 M.5.a (3)
(4) Over three years...................................................... A582 398,491 M.5.a.(4)
b. Time deposits of less than $100,000 with a REMAINING MATURITY of one year
or less (included in Memorandum items 5.a.(1) through 5.a.(4) above)...... A241 4,130,248 M.5.b.
6. Maturity and repricing data for time deposits of $100,000 or more:
a. Time deposits of $100,000 or more with a remaining maturity or repricing
frequency of: (1) (3)
(1) Three months or less.................................................. A584 886,844 M.6.a.(1)
(2) Over three months through 12 months................................... A585 755,846 M.6.a.(2)
(3) Over one year through three years..................................... A586 244,002 M.6.a.(3)
(4) Over three years...................................................... A587 37,406 M.6.a.(4)
b. Time deposits of $100,000 or more with a REMAINING MATURITY of one year or
less (included in Memorandum items 6.a.(1) through 6.a.(4) above)......... A242 1,642,689 M.6.b.
- ------------
(1) Report fixed rate time deposits by remaining maturity and floating rate time
deposits by repricing frequency.
(2) Sum of Memorandum items 5.a.(1) trough 5.a.(4) must equal Schedule RC-E,
Memorandum item 2.b above.
(3) Sum of Memorandum items 6.a.(1) through 6.a.(4) must equal Schedule RC-E,
Memorandum item 2.c above.
20
23
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-11
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-E--CONTINUED
PART II. DEPOSITS IN FOREIGN OFFICES (INCLUDING EDGE AND
AGREEMENT SUBSIDIARIES AND IBFS)
---------------------------
Dollar Amounts in Thousands RCFN Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
Deposits of:
1. Individuals, partnerships, and corporations.................................................... 2621 72,870 1.
2. U.S. banks (including IBFs and foreign branches of U.S. banks)................................. 2623 0 2.
3. Foreign banks (including U.S. branches and agencies of foreign banks, including their IBFs).... 2625 0 3.
4. Foreign governments and official institutions (including foreign central banks)................ 2650 0 4.
5. Certified and official checks.................................................................. 2330 0 5.
6. All other deposits............................................................................. 2668 136,986 6.
7. Total (sum of items 1 through 6) (must equal Schedule RC, item 13.b)........................... 2200 209,856 7.
---------------------------
Memorandum
---------------------------
Dollar Amounts in Thousands RCFN Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
1. Time deposits with a remaining maturity of one year of less (included in Part II, item 7 above) A245 209,856 M.1.
---------------------------
SCHEDULE RC-F--OTHER ASSETS
--------
C430 <-
---------------------------
Dollar Amounts in Thousands Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
1. Income earned, not collected on loans.......................................................... RCFD 2164 91,298 1.
2. Net deferred tax assets (1).................................................................... RCFD 2148 0 2.
3. Interest-only strips receivable (not in the form of a security) (2) on:
a. Mortgage loans.............................................................................. RCFD A519 0 3.a.
b. Other financial assets...................................................................... RCFD A520 0 3.b.
4. Other (itemize and describe amounts that exceed 25% of this item).............................. RCFD 2168 1,047,397 4.
---------- -----------------------------
a. TEXT 3549 BANK OWNED LIFE INSURANCE RCFD 3549 737,228 4.a.
---------------------------------------------------------------
b. TEXT 3550 RCFD 3550 4.b.
---------------------------------------------------------------
c. TEXT 3551 RCFD 3551 4.c.
--------------------------------------------------------------------------------------------
5. Total (sum of items 1 through 4) (must equal Schedule RC, item 11)............................. RCFD 2160 1,138,695 5.
---------------------------
---------------------------
Memorandum Dollar Amounts in Thousands Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
1. Deferred tax assets disallowed for regulatory capital purposes................................. RCFD 5610 0 M.1.
---------------------------
SCHEDULE RC-G--OTHER LIABILITIES
--------
C435 <-
---------------------------
Dollar Amounts in Thousands Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
1. a. Interest accrued and unpaid on deposits in domestic offices(3).............................. RCON 3645 79,517 1.a.
b. Other expenses accrued and unpaid (includes accrued income taxes payable)................... RCFD 3646 263,114 1.b.
2. Net deferred tax liabilities(1)................................................................ RCFD 3049 65,178 2.
3. Minority interest in consolidated subsidiaries................................................. RCFD 3000 238 3.
4. Other (itemize and describe amounts that exceed 25% of this item) ............................. RCFD 2938 75,693 4.
---------- -----------------------------
a. TEXT 3552 DEFERRED INCOME - SALE/LEASEBACK AGREEMENT RCFD 3552 56,612 4.a.
---------------------------------------------------------------
b. TEXT 3553 RCFD 3553 4.b.
---------------------------------------------------------------
c. TEXT 3554 RCFD 3554 4.c.
--------------------------------------------------------------------------------------------
5. Total (sum of items 1 through 4) (must equal Schedule RC, item 20)............................. RCFD 2930 483,740 5.
---------------------------
- ----------------
(1) See discussion of deferred income taxes in Glossary entry on "income taxes."
(2) Report interest-only strips receivable in the form of a security as
available-for-sale securities in Schedule RC, item 2.b., or as trading
assets in Schedule RC, item 5, as appropriate.
(3) For savings banks, include "dividends" accrued and unpaid on deposits.
21
24
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-12
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-H--SELECTED BALANCE SHEET ITEMS FOR DOMESTIC OFFICES
----
C440 <-
-------------------
Domestic Offices
-------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------
1. Customers' liability to this bank on accepting outstanding ............................... 2155 19,402 1.
2. Bank's liability on acceptances executed and outstanding ................................. 2920 19,402 2.
3. Federal funds sold and securities purchased under agreements to resell ................... 1350 22,730 3.
4. Federal funds purchased and securities sold under agreements to repurchase ............... 2800 2,571,413 4.
5. Other borrowed money...................................................................... 3190 3,105,675 5.
EITHER
6. Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs .............. 2163 N/A 6.
OR
7. Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs ................ 2941 296,684 7.
8. Total assets (excludes net due from foreign offices, Edge and Agreement subsidiaries,
and IBFs)................................................................................. 2192 28,412,848 8.
9. Total liabilities (excludes net due to foreign offices, Edge and Agreement subsidiaries,
and IBFs) ................................................................................ 3129 25,881,864 9.
-------------------
IN ITEMS 10-17, REPORT THE AMORTIZED (HISTORICAL) COST OF BOTH HELD-TO-MATURITY AND RCON Bil Mil Thou
AVAILABLE-FOR-SALE SECURITIES IN DOMESTIC OFFICES. -------------------
10. U.S. Treasury securities ................................................................ 1039 745,736 10.
11. U.S. Government agency obligations (exclude mortgage-backed securities) .................. 1041 1,441,258 11.
12. Securities issued by states and political subdivisions in the U.S. ....................... 1042 311,048 12.
13. Mortgage-backed securities (MBS):
a. Pass-through securities:
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA ...................................... 1043 1,579,543 13.a.(1)
(2) Other pass-through securities ..................................................... 1044 0 13.a.(2)
b. Other mortgage-backed securities (include CMOs, REMICs, and stripped MBS):
(1) Issued or guaranteed by FNMA, FHLMC, or GNMA ...................................... 1209 949,422 13.b.(1)
(2) All other mortgage-backed securities .............................................. 1280 40 13.b.(2)
14. Other domestic debt securities ........................................................... 1281 309,287 14.
15. Foreign debt securities .................................................................. 1282 3,499 15.
16. Equity securities:
a. Investments in mutual funds and other equity securities with readily
determinable fair values .............................................................. A510 0 16.a.
b. All other equity securities ........................................................... 1752 29,693 16.b
17. Total amortized (historical) cost of both held-to-maturity and available-for-sale
securities (sum of items 10 through 16) .................................................. 1374 5,369,526 17.
Memorandum (to be completed only by banks with IBFs and other "foreign" offices)
-------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------
EITHER
1. Net due from the IBF of the domestic offices of the reporting bank ....................... 3051 N/A M.1.
OR
2. Net due to the IBF of the domestic offices of the reporting bank ......................... 3059 N/A M.2.
22
25
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-13
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-I--SELECTED ASSETS AND LIABILITIES OF IBFS
To be completed only by banks with IBFs and other "Foreign" offices.
-----
C445 <-
-------------------
Dollar Amounts in Thousands RCFN Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
1. Total IBF assets of the consolidated bank (component of Schedule RC, item 12) ............... 2133 N/A 1.
2. Total IBF loans and lease financing receivables (component of Schedule RC-C, part I,
item 12, column A) .......................................................................... 2076 N/A 2.
3. IBF commercial and industrial loans (component of Schedule RC-C, part I, item 4,
column A) ................................................................................... 2077 N/A 3.
4. Total IBF liabilities (component of Schedule RC, item 21) ................................... 2898 N/A 4.
5. IBF deposit liabilities due to banks, including other IBFs (component of Schedule RC-E,
part II, items 2 and 3)...................................................................... 2379 N/A 5.
6. Other IBF deposit liabilities (component of Schedule RC-E, part II, items 1, 4, 5, and 6) ... 2381 N/A 6.
SCHEDULE RC-K--QUARTERLY AVERAGES (1)
------
C455 <-
--------------------
Dollar Amounts in Thousands RCFN Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------------------
ASSETS
1. Interest-bearing balances due from depository institutions .................................. RCFD 3381 5,288 1.
2. U.S. Treasury securities and U.S. Government agency obligations (2) (INCLUDING
MORTGAGE-BACKED SECURITIES ISSUED OR GUARANTEED BY FNMA, FHLMC, OR GNMA) .................... RCFD 3382 4,517,729 2.
3. Securities issued by states and political subdivisions in the U.S. (2) ...................... RCFD 3383 303,959 3.
4. a. Other debt securities(2) INCLUDING MORTGAGE-BACKED SECURITIES NOT ISSUED OR GUARANTEED
BY FNMA, FHLMC, OR GNMA).................................................................. RCFD 3647 329,948 4.a.
b. Equity securities(3) (includes investments in mutual funds and Federal Reserve stock) .... RCFD 3648 29,685 4.b.
5. Federal funds sold and securities purchased under agreements to resell....................... RCFD 3365 140,944 5.
6. Loans:
a. Loans in domestic offices:
(1) Total loans .......................................................................... RCON 3360 19,901,299 6.a.(1)
(2) Loans secured by real estate ......................................................... RCON 3385 6,400,932 6.a.(2)
(3) Loans to finance agricultural production and other loans to farmers .................. RCON 3386 112,593 6.a.(3)
(4) Commercial and industrial loans ...................................................... RCON 3387 5,902,927 6.a.(4)
(5) Loans to individuals for household, family, and other personal expenditures........... RCON 3388 5,435,137 6.a.(5)
b. Total loans in foreign offices, Edge and Agreement subsidiaries, and IBFs ................ RCFN 3360 0 6.b.
7. Trading assets............................................................................... RCFD 3401 4,077 7.
8. Lease financing receivables (net of unearned income) ........................................ RCFD 3484 2,039,774 8.
9. Total assets (4) ............................................................................ RCFD 3368 28,400,654 9.
LIABILITIES
10. Interest-bearing transaction accounts in domestic offices (NOW accounts, ATS accounts,
and telephone and preauthorized transfer accounts) (exclude demand deposits) ................ RCON 3485 3,326,635 10.
11. Nontransaction accounts in domestic offices:
a. Money market deposit accounts (MMDAs) .................................................... RCON 3486 3,906,119 11.a.
b. Other savings deposits ................................................................... RCON 3487 3,810,725 11.b.
c. Time deposits of $100,000 or more ........................................................ RCON A514 1,732,571 11.c.
d. Time deposits of less than $100,000 ...................................................... RCON A529 6,047,825 11.d.
12. Interest-bearing deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs .... RCFN 3404 288,894 12.
13. Federal funds purchased and securities sold under agreements to repurchase .................. RCFD 3353 2,854,771 13.
14. Other borrowed money (includes mortgage indebtedness and obligations under capitalized
leases) ..................................................................................... RCFD 3355 2,911,580 14.
- ------------
(1) For all items, banks have the option of reporting either (1) an average of
daily figures for the quarter, or (2) an average of weekly figures (i.e.,
the Wednesday of each week of the quarter).
(2) Quarterly averages for all debt securities should be based on amortized
cost.
(3) Quarterly averages for all equity securities should be based on historical
cost.
(4) The quarterly average for total assets should reflect all debt securities
(not held for trading) at amortized cost, equity securities with readily
determinable fair values at the lower of cost or fair value, and equity
securities without readily determinable fair values at historical cost.
23
26
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High Street Page RC-14
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 9:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
Schedule RC-L -- Off-Balance Sheet Items
Please read carefully the instructions for the preparation of Schedule RC-L.
Some of the amounts reported in Schedule RC-L are regarded as volume indicators
and not necessarily as measures of risk.
----
C460 <--
----------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- --------------------------------------------------------------------------------------------
1. Unused commitments:
a. Revolving, open-end lines secured by 1-4 family
residential properties, e.g., home equity lines......... 3814 2,369,803 1.a.
b. Credit card lines....................................... 3815 1,992,256 1.b.
c. Commercial real estate, construction, and land
development:
(1) Commitments to fund loans secured by real
estate............................................. 3816 258,186 1.c.(1)
(2) Commitments to fund loans not secured by
real estate........................................ 6550 17,192 1.c.(2)
d. Securities underwriting................................. 3817 0 1.d.
e. Other unused commitments................................ 3818 3,784,709 1.e.
2. Financial standby letters of credit and foreign office
guarantees................................................... 3819 703,893 2.
a. Amount of financial standby letters of credit
conveyed to others RCFD 3820 14,879... 2.a.
3. Performance standby letters of credit and
foreign office guarantees.................................... 3821 43,491 3.
a. Amount of performance standby letters
of credit conveyed to others RCF 3822 2,168... 3.a.
4. Commercial and similar letters of credit..................... 3411 129,429 4.
5. Participations in acceptances (as described in the
instructions) conveyed to others by the reporting bank....... 3428 0 5.
6. Participations in acceptances (as described in the
instructions) acquired by the reporting (nonaccepting) bank.. 3429 0 6.
7. Securities borrowed.......................................... 3432 0 7.
8. Securities lent (including customers' securities lent
where the customer is indemnified against loss by the
reporting bank).............................................. 3433 0 8.
9. Financial assets transferred with recourse that have
been treated as sold for Call Report purposes:
a. First lien 1-to-4 family residential mortgage
loans:
(1) Outstanding principal balance of mortgages
transferred as of the report date.................. A521 9,629 9.a.(1)
(2) Amount of recourse exposure on these
mortgages as of the report date.................... A522 9,629 9.a.(2)
b. Other financial assets (excluding small business
obligations reported in item 9.c):
(1) Outstanding principal balance of assets
transferred as of the report date.................. A523 0 9.b.(1)
(2) Amount of recourse exposure on these assets
as of the report date.............................. A524 0 9.b.(2)
c. Small business obligations transferred with
recourse under Section 208 of the Riegle Community
Development and Regulatory Improvement Act of 1994:
(1) Outstanding principal balance of small business
obligations transferred as of the report date...... A249 0 9.c.(1)
(2) Amount of retained recourse on these obligations
as of the report date.............................. A250 0 9.c.(2)
10. Notional amount of credit derivatives:
a. Credit derivatives on which the reporting bank is
the guarantor........................................... A534 0 10.a.
b. Credit derivatives on which the reporting bank is
the beneficiary......................................... A535 0 10.b.
11. Spot foreign exchange contracts.............................. 8765 920 11.
12. All other off-balance sheet liabilities (exclude
off-balance sheet derivatives) (itemize and describe
each component of this item over 25% of Schedule RC,
item 28, "Total equity capital")............................. 3430 0 12.
a. TEXT 3555 RCFD 3555 12.a.
b. TEXT 3556 RCFD 3556 12.b.
c. TEXT 3557 RCFD 3557 12.c.
d. TEXT 3558 RCFD 3558 12.d.
24
27
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-15
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.:|0|6|5|6|0|
-----------
Schedule RC-L--Continued
-----------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- --------------------------------------------------------------------------------------------------------
13. All other off-balance sheet assets (exclude off-balance sheet derivatives)
(itemize and describe each component of this item over 25% of Schedule RC,
item 28, "Total equity capital") 5591 0 13.
a. TEXT 5592 RCFD 5592 13.a.
b. TEXT 5593 RCFD 5593 13.b.
c. TEXT 5594 RCFD 5594 13.c.
d. TEXT 5595 RCFD 5595 13.d.
-----------------
C461 <-
- ---------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C) (Column D)
Dollar Amounts in Thousands Interest Rate Foreign Exchange Equity Derivative Commodity and
--------------------------- Contracts Contracts Contracts Other Contracts
Off-balance Sheet Derivatives ----------------- ------------------ ------------------ -----------------
Position Indicators Tril Bil Mil Thou Tril Bil Mil Thou Tril Bil Mil Thou Tril Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------
14. Gross amounts (e.g.,
notional amounts) (for
each column,sum of items
14.a through 14.e must
equal sum of items 15,
16.a, and 16.b:
a. Futures contracts......... 0 0 0 0 14.a.
RCFD 8693 RCFD 8694 RCFD 8695 RCFD 8696
b. Forward contracts 470,072 74,241 0 0 14.b.
RCFD 8697 RCFD 8698 RCFD 8699 RCFD 8700
c. Exchange-traded option
contracts:
(1) Written options....... 0 0 0 0 14.c.(1)
RCFD 8701 RCFD 8702 RCFD 8703 RCFD 8704
(2) Purchased options..... 0 0 0 0 14.c.(2)
RCFD 8705 RCFD 8706 RCFD 8707 RCFD 8708
d. Over-the-counter option
contracts:
(1) Written options....... 240,274 0 0 0 14.d.(1)
RCFD 8709 RCFD 8710 RCFD 8711 RCFD 8712
(2) Purchased options..... 1,314,774 0 0 0 14.d.(2)
RCFD 8713 RCFD 8714 RCFD 8715 RCFD 8716
e. Swaps..................... 5,743,342 34,650 0 0 14.e.
RCFD 3450 RCFD 3826 RCFD 8719 RCFD 8720
15. Total gross notional amount
of derivative contracts
held for trading............. 1,407,224 74,241 0 0 15.
RCFD A126 RCFD A127 RCFD 8723 RCFD 8724
16. Gross notional amount of
derivative contracts held for
purposes other than trading:
a. Contracts marked to market 1,294,572 0 0 0 16.a.
RCFD 8725 RCFD 8726 RCFD 8727 RCFD 8728
b. Contracts not marked to
market.................... 5,066,666 34,650 0 0 16.b.
RCFD 8729 RCFD 8730 RCFD 8731 RCFD 8732
c. Interest rate swaps where
the bank has agreed to pay
a fixed rate.............. 900,000 16.c.
RCFD A589
25
28
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-16
City, State, Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-L--CONTINUED
------
C462 <--
----------------------------------------------------------------------------------------
Dollar Amounts in Thousands (Column A) (Column B) (Column C) (Column D)
- ------------------------------ Interest Rate Foreign Exchange Equity Derivative Commodity and
Off-balance Sheet Derivatives Contracts Contracts Contracts Other Contracts
-----------------------------------------------------------------------------------------
Position Indicators RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
- ----------------------------------------------------------------------------------------------------------------------------
17. Gross fair values of
derivative contracts:
a. Contracts held for
trading:
(1) Gross positive
fair value............ 8733 47,278 8734 502 8735 0 8736 0 17.a.(1)
(2) Gross negative
fair value............ 8737 44,853 8738 482 8739 0 8740 0 17.a.(2)
b. Contracts held for
purposes other than
trading that are marked
to market:
(1) Gross positive
fair value............ 8741 9,329 8742 0 8743 0 8744 0 17.b.(1)
(2) Gross negative
fair value............ 8745 1,694 8746 0 8747 0 8748 0 17.b.(2)
c. Contracts held for
purposes other than
trading that are not
marked to market:
(1) Gross positive
fair value............ 8749 36,669 8750 0 8751 0 8752 0 17.c.(1)
(2) Gross negative
fair value............ 8753 7,615 8754 1,573 8755 0 8756 0 17.c.(2)
---------------------
Memoranda Dollar Amounts in Thousands RCFD Bil Mil Thou
- ----------------------------------------------------------------------------------------------------------------------------
1.-2. Not applicable
3. Unused commitments with an original maturity exceeding one year that are reported in
Schedule RC-L, items 1.a through 1.e, above (report only the unused portions of commitments
that are fee paid or otherwise legally binding)................................................ 3833 3,047,868 M.3.
a. Participations in commitments with an original maturity
exceeding one year conveyed to others..............................RCFD 3834 450,473 M.3.a.
4. To be completed only by banks with $1 billion or more in total assets:
Standby letters of credit and foreign office guarantees (both financial and performance) issued
to non-U.S. addressees (domicile) included in Schedule RC-L, items 2 and 3, above.............. 3377 2,600 M.4.
5. Loans to individuals for household, family, and other personal expenditures that
have been securitized and sold (with servicing retained), amounts outstanding by type of loan:
a. Loans to purchase private passenger automobiles (TO BE COMPLETED FOR THE
SEPTEMBER REPORT ONLY)...................................................................... 2741 N/A M.5.a.
b. Credit cards and related plans (TO BE COMPLETED QUARTERLY).................................. 2742 0 M.5.b.
c. All other consumer credit (including mobile home loans)(TO BE COMPLETED FOR THE
SEPTEMBER REPORT ONLY)...................................................................... 2743 N/A M.5.c.
26
29
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-17
City, State Zip: Columbus, OH 43287 Printed 06/07/1999 at 11:17
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-M--MEMORANDA
--------
C465 <-
------------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- ----------------------------------------------------------------------------------------------------------------------------
1. Extensions of credit by the reporting bank to its executive officers, directors, principal
shareholders, and their related interests as of the report date:
a. Aggregate amount of all extensions of credit to all executive officers, directors,
principal shareholders, and their related interests......................................... 6164 332,133 1.a.
b. Number of executive officers, directors, and principal shareholders to whom to the amount of
all extensions of credit by the reporting bank (including extensions of credit to
related interests) equals or exceeds the lesser of $500,000 or 5 percent Number
of total capital as defined for this purpose in agency -----------------------------
regulations................................................... RCFD 6165 16 1.b.
-----------------------------
2. Federal funds sold and securities purchased under agreements to resell with U.S. branches
and agencies of FOREIGN BANKS(1) (included in Schedule RC, item 3)............................. 3405 0 2.
3. Not applicable.
4. Outstanding principal balance of 1-4 family residential mortgage loans serviced for others
(include both retained servicing and purchased servicing):
a. Mortgages serviced under a GNMA contract.................................................... 5500 378,969 4.a.
b. Mortgages serviced under a FHLMC contract:
(1) Serviced with recourse to servicer...................................................... 5501 2,777 4.b.(1)
(2) Serviced without recourse to servicer................................................... 5502 948,678 4.b.(2)
c. Mortgages serviced under a FNMA contract:
(1) Serviced under a regular option contract................................................ 5503 2,590 4.c.(1)
(2) Serviced under a special option contract................................................ 5504 4,722,912 4.c.(2)
d. Mortgages serviced under other servicing contracts.......................................... 5505 1,964,743 4.d.
5. To be completed only by banks with $1 billion or more in total assets:
Customers' liability to this bank on acceptance outstanding (sum of items 5.1 and 5.b must
equal Schedule RC, item 9):
a. U.S. addressees (domicile).................................................................. 2103 19,402 5.a.
b. Non-U.S. addressees (domicile).............................................................. 2104 0 5.b.
6. Intangible assets:
a. Mortgage servicing assets................................................................... 3164 80,602 6.a.
(1) Estimated fair value of mortgage servicing assets..........-----------------------------
RCFD A590 81,069 6.a.(1)
-----------------------------
b. Other identifiable intangible assets:
(1) PURCHASED CREDIT CARD RELATIONSHIPS AND NONMORTGAGE SERVICING ASSETS.................... B026 0 6.b.(1)
(2) All other identifiable intangible assets................................................ 5507 60,436 6.b.(2)
c. Goodwill.................................................................................... 3163 610,885 6.c.
d. Total (sum of items 6.a., 6.b.(1), 6.b.(2), and 6.c) (must equal Schedule RC, item 10)...... 2143 751,923 6.d.
e. Amount of intangible assets (included in item 6.b.(2) above) that have been grandfathered or
are otherwise qualifying for regulatory capital purposes.................................... 6442 0 6.e.
7. Mandatory convertible debt, net of common or perpetual preferred stock dedicated to
redeem the debt................................................................................ 3295 0 7.
- ----------------
(1) Do not report federal funds sold and securities purchased under agreements
to resell with other commercial banks in the U.S. in this item.
27
30
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-18
City, State Zip: Columbus, OH 43287 Printed 06/07/1999 at 11:17
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-M--Continued
--------------------------
Dollar Amounts in Thousands Bil Mil Thou
- ----------------------------------------------------------------------------------------------------------------------
8. a. Other real estate owned:
(1) Direct and indirect investments in real estate ventures........................ RCFD 5372 0 8.a.(1)
(2) All other real estate owned:
(a) Construction and land development in domestic offices...................... RCON 5508 1,285 8.a.(2)(a)
(b) Farmland in domestic offices............................................... RCON 5509 0 8.a.(2)(b)
(c) 1-4 family residential properties in domestic offices...................... RCON 5510 3,605 8.a.(2)(c)
(d) Multifamily (5 or more) residential properties in domestic offices......... RCON 5511 0 8.a.(2)(d)
(e) Nonfarm nonresidential properties in domestic offices...................... RCON 5512 12,963 8.a.(2)(e)
(f) In foreign offices......................................................... RCON 5513 0 8.a.(2)(f)
(3) Total (sum of items 8.b.(1) and 8.a.(2)) (must equal Schedule RC, item 7)...... RCFD 2150 17,853 8.a.(3)
b. Investments in unconsolidated subsidiaries and associated companies:
(1) Direct and indirect investments in real estate ventures........................ RCFD 5374 7,229 8.b.(1)
(2) All other investments in unconsolidated subsidiaries and associated companies.. RCFD 5375 467 8.b.(2)
(3) Total (sum of items 8.b.(1) and 8.b.(2)) (must equal Schedule RC, item 8)...... RCFD 2130 7,696 8.b.(3)
9. Noncumulative perpetual preferred stock and related surplus included in Schedule RC,
item 23, "Perpetual preferred stock and related surplus".............................. RCFD 3778 0 9.
10. Mutual fund and annuity sales in domestic offices during the quarter (include
proprietary, private label, and third party products):
a. Money market funds................................................................. RCON 6441 177,777 10.a.
b. Equity securities funds............................................................ RCON 8427 35,251 10.b.
c. Debt securities funds.............................................................. RCON 8428 16,248 10.c.
d. Other mutual funds................................................................. RCON 8429 28,426 10.d.
e. Annuities.......................................................................... RCON 8430 65,257 10.e.
f. Sales of proprietary mutual funds and annuities (included in items 10.a through
10.e above)........................................................................ RCON 8784 173,769 10.f.
11. Net unamortized realized deferred gains (losses) on off-balance sheet derivative
contracts included in assets and liabilities reported in Schedule RC.................. RCFD A525 414 11.
12. Amount of assets netted against nondeposit liabilities and deposits in foreign offices
(other than insured branches in Puerto Rico and U.S. territories and possessions) on
the balance sheet (Schedule RC) in accordance with generally accepted accounting
principles (1)........................................................................ RCFD A526 0 12.
13. Outstanding principal balance of loans other than 1-4 family residential mortgage
loans that are serviced for others (to be completed if this balance is more than
$10 million and exceeds ten percent of total assets)................................. RCFD A591 0 13.
----------------------
Memorandum Dollar Amounts in Thousands RCFD Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------------
1. Reciprocal holdings of banking organizations' capital instruments
(TO BE COMPLETED FOR THE DECEMBER REPORT ONLY).......................................... 3836 N/A M.1.
- ----------------
(1) Exclude netted on-balance sheet amounts associated with off-balance sheet
derivative contract, deferred tax assets netted against deferred tax
liabilities, and assets netted in accounting for pensions.
28
31
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-19
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-N--PAST DUE AND NONACCRUAL LOANS, LEASES,
AND OTHER ASSETS
The FFIEC regards the information reported in --------
all of Memorandum item 1, in items 1 through 10, C470 <-
column A, and in Memorandum items 2 through 4, ------------------------------------------------------------------------
column A, as confidential (Column A) (Column B) (Column C)
Past due Past due 90 Nonaccrual
30 through 89 days or more
days and still and still
accruing accruing
------------------------------------------------------------------------
Dollars Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------------
1. Loans secured by real estate:
a. To U.S. addressees (domicile).................. 1245 116,489 1246 19,700 1247 40,050 1.a.
b. To non-U.S. addressees (domicile).............. 1248 0 1249 0 1250 0 1.b.
2. Loans to depository institutions and acceptances
of other banks
a. To U.S. banks and other U.S. depository
institutions................................... 5377 0 5378 0 5379 0 2.a.
b. To foreign banks............................... 5380 0 5381 0 5382 0 2.b.
3. Loans to finance agricultural production and
other loans to farmers............................ 1594 1,244 1597 456 1583 0 3.
4. Commercial and industrial loans:
a. To U.S. addressees (domicile).................. 1251 37,835 1252 9,078 1253 33,552 4.a.
b. To non-U.S. addressees (domicile).............. 1254 0 1255 0 1256 0 4.b.
5. Loans to individuals for household, family, and
other personal expenditures:
a. Credit cards and related plans................. 5383 8,894 5384 3,137 5385 0 5.a.
b. Other (includes single payment, installment,
and all student loans)......................... 5386 93,198 5387 17,722 5388 458 5.b.
6. Loans to foreign governments and official
institutions...................................... 5389 0 5390 0 5391 0 6.
7. All other loans................................... 5459 0 5460 0 5461 0 7.
8. Lease financing receivables:
a. Of U.S. addressees (domicile).................. 1257 30,341 1258 3,997 1259 56 8.a.
b. Of non-U.S. addressees (domicile).............. 1271 0 1272 0 1791 0 8.b.
9. Debt securities and other assets (exclude other
real estate owned and other repossessed assets)... 3505 0 3506 0 3507 0 9.
------------------------------------------------------------------------
====================================================================================================================================
Amounts reported in items 1 through 8 above include guaranteed and unguaranteed
portions of past due and nonaccrual loans and leases. Report in item 10 below
certain guaranteed loans and leases that have already been included in the
amounts reported in items 1 through 8.
-----------------------------------------------------------------------
10. Loans and leases reported in items 1 RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
through 8 above which are wholly or partially -----------------------------------------------------------------------
guaranteed by the U.S. Government................ 5612 2,237 5613 3,107 5614 1,279 10.
a. Guaranteed portion of loans and leases
included in item 10 above..................... 5615 1,430 5616 2,286 5617 621 10.a.
-----------------------------------------------------------------------
29
32
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High Street Page RC-20
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 9:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-N--Continued
----------------
C473 <-
- ---------------------------------------------------------------------------------------------------------------------
(Column A) (Column B) (Column C)
Past due Past due 90 Nonaccrual
30 through 89 days or more
days and still and still
accruing accruing
Memoranda ---------------------------------------------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou RCFD Bil Mil Thou
- ---------------------------------------------------------------------------------------------------------------------
1. Restructured loans and leases included in
Schedule RC-N, items 1 through 8, above
(and not reported in Schedule RC-C, part I,
Memorandum item 2).................................. 1658 0 1659 0 1661 0 M.1.
2. Loans to finance commercial real estate,
construction, and land development activities
(NOT SECURED BY REAL ESTATE) included in
Schedule RC-N, items 4 and 7, above................. 6558 0 6559 0 6560 0 M.2
3. Loans secured by real estate in domestic RCON Bil Mil Thou RCON Bil Mil Thou RCON Bil Mil Thou
offices (included in Schedule RC-N, item 1,
above):
a. Construction and land development.............. 2759 10,320 2769 1,658 3492 7,540 M.3.a.
b. Secured by farmland............................ 3493 0 3494 0 3495 0 M.3.b.
c. Secured by 1-4 family residential
properties:
(1) Revolving, open-end loans
secured by 1-4 family residential
properties and extended under
lines of credit........................... 5398 11,265 5399 3,523 5400 0 M.3.c.(1)
(2) All other loans secured by 1-4
family residential properties............. 5401 70,791 5402 10,738 5403 18,377 M.3.c.(2)
d. Secured by multifamily (5 or more)
residential properties......................... 3499 898 3500 95 3501 0 M.3.d.
e. Secured by nonfarm residential
properties..................................... 3502 23,215 3503 3,686 3504 14,133 M.3.e.
(Column A) (Column B)
Past due 30 Past due 90
through 89 days days or more
--------------------------------------
RCFD Bil Mil Thou RCFD Bil Mil Thou
--------------------------------------
4. Interest rate, foreign exchange rate,
and other commodity and equity contracts:
a. Book value of amounts carried as
assets......................................... 3522 0 3528 0 M.4.a.
b. Replacement cost of contracts with a
positive replacement cost...................... 3529 0 3530 0 M.4.b.
----
C477 <-
----
Person to whom questions about the Reports of Condition and Income should be
directed:
BILL TELZEROW, MANAGER OF FINANCIAL REPORTING (614) 480-4563
- --------------------------------------------------- --------------------------------------------------------
Name and Title (TEXT 8901) Telephone: Area code/phone number/extension (TEXT 8902)
(614) 480-5284
-------------------------------------------------------
FAX: Area code/phone number (TEXT 9116)
30
33
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-21
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-0--OTHER DATA FOR DEPOSIT INSURANCE AND FICO ASSESSMENTS
C475 <--
--------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------------------
1. Unposted debits (see instructions):
a. Actual amount of all unposted debits........................................................... 0030 N/A 1.a.
OR
b. Separate amount of unposted debits:
(1) Actual amount of unposted debits to demand deposits........................................ 0031 0 1.b.(1)
(2) Actual amount of unposted debits to time and savings deposits (1).......................... 0032 0 1.b.(2)
2. Unposted credits (see instructions):
a. Actual amount of all unposted credits.......................................................... 3510 6,629 2.a.
OR
b. Separate amount of unposted credits:
(1) Actual amount of unposted credits to demand deposits....................................... 3512 N/A 2.b.(1)
(2) Actual amount of unposted credits to time and saving deposits(1)........................... 3514 N/A 2.b.(2)
3. Uninvested trust funds (cash) held in bank's own trust department (not included in total
deposits in domestic offices)..................................................................... 3520 0 3.
4. Deposits of consolidated subsidiaries in domestic offices and in insured branches in Puerto
Rico and U.S. territories and possessions (not included in total deposits):
a. Demand deposits of consolidated subsidiaries................................................... 2211 0 4.a.
b. Time and savings deposits (1) of consolidated subsidiaries..................................... 2351 0 4.b.
c. Interest accrued and unpaid on deposits of consolidated subsidiaries........................... 5514 0 4.c.
5. Deposits in insured branches in Puerto Rico and U.S. territories and possessions
a. Demand deposits in insured branches (included in Schedule RC-E, Part II)....................... 2229 0 5.a.
b. Time and savings deposits (1) in insured branches (included in Schedule RC-E, Part II)......... 2383 0 5.b.
c. Interest accrued and unpaid on deposits in insured branches (included in
Schedule RC-G, item 1.b)....................................................................... 5515 0 5.c.
6. Reserve balances actually passed through to the Federal Reserve by the reporting bank on
behalf of its respondent depository institutions that are also reflected as deposit liabilities
of the reporting bank:
a. Amount reflected in demand deposits (included in Schedule RC-E, Part I, Item 4 or 5,
column B)...................................................................................... 2314 0 6.a.
b. Amount reflected in time and savings deposits (1) (included in Schedule RC-E, Part I,
item 4 or 5, column A or C, but not column B).................................................. 2315 0 6.b.
7. Unamortized premiums and discounts on time and savings deposits:(1), (2)
a. Unamortized premiums........................................................................... 5516 36 7.a.
b. Unamortized discounts.......................................................................... 5517 0 7.b.
8. TO BE COMPLETED BY BANKS WITH "OAKAR DEPOSITS."
a. Deposits purchased or acquired from other FDIC-insured institutions during the quarter
(exclude deposits purchased or acquired from foreign offices other than insured branches
in Puerto Rico and U.S. territories and possessions):
(1) Total deposits purchased or acquired from other FDIC-insured institutions during
the quarter................................................................................ A531 0 8.a.(1)
(2) Amount of purchased or acquired deposits reported in item 8.a.(1) above attributable
to a secondary fund (i.e., BIF members report deposits attributable to SAIF; SAIF
members report deposits attributable to BIF)............................................... A532 0 8.a.(2)
b. Total deposits sold or transferred to other FDIC-insured institutions during the quarter
(exclude sales or transfers by the reporting bank of deposits in foreign offices other than
insured branches in Puerto Rico and U.S. territories and possessions).......................... A533 0 8.b.
- -----------
(1) For FDIC insurance and FICO assessment purposes, "time and savings deposits"
consists of nontransaction accounts and all transaction accounts other than
demand deposits.
(2) Exclude core deposit intangibles.
31
34
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999 FFIEC 031
Address: 41 S. High Street Page RC-22
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 9:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-O--CONTINUED
----------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- ------------------------------------------------------------------------------------------------------
9. Deposits in lifeline accounts.......................................... 5596 9.
10. Benefit-responsive "Depository Institution Investment
Contracts" (included in total deposits in domestic offices)............ 8432 0 10.
11. Adjustments to demand deposits in domestic offices and in
insured branches in Puerto Rico and U.S. territories and
possessions reported in Schedule RC-E for certain reciprocal
demand balances:
a. Amount by which demand deposits would be reduced if the
reporting bank's reciprocal demand balances with the
domestic offices of U.S. banks and savings associations
and insured branches in Puerto Rico and U.S. territories
and possessions that were reported on a gross basis in
Schedule RC-E had been reported on a net basis.................... 8785 0 11.a.
b. Amount by which demand deposits would be increased if the
reporting bank's reciprocal demand balances with foreign
banks and foreign offices of other U.S. banks (other than insured
branches in Puerto Rico and U.S. territories and possessions) that
were reported on a net basis in Schedule RC-E had been reported on a
gross basis....................................................... A181 0 11.b.
c. Amount by which demand deposits would be reduced if cash
items in process of collection were included in the
calculation of the reporting bank's net reciprocal demand
balances with the domestic offices of U.S. banks and
savings associations and insured branches in Puerto Rico
and U.S. territories and possessions in Schedule RC-E............. A182 0 11.c.
12. Amount of assets netted against deposit liabilities in domestic
offices and in insured branches in Puerto Rico and U.S.
territories and possessions on the balance sheet (Schedule RC)
in accordance with generally accepted accounting principles
(exclude amounts related to reciprocal demand balances):
a. Amount of assets netted against demand deposits................... A527 0 12.a.
b. Amount of assets netted against time and savings deposits......... A528 0 12.b.
Memoranda (TO BE COMPLETED EACH QUARTER EXCEPT AS NOTED)
----------------------
Dollar Amounts in Thousands RCON Bil Mil Thou
- ------------------------------------------------------------------------------------------------------
1. Total deposits in domestic offices of the bank
(sum of Memorandum items 1.a.(1) and 1.b.(1) must equal
Schedule RC, item 13.a):
a. Deposit accounts of $100,000 or less:
(1) Amount of deposit accounts of $100,000 or
less........................................................ 2702 13,014,275 M.1.a.(1)
(2) Number of deposit accounts of $100,000 or
less (TO BE COMPLETED FOR THE JUNE REPORT Number
ONLY)..................................... RCON 3779 N/A M.1.a.(2)
b. Deposit accounts of more than $100,000:
(1) Amount of deposit accounts of more than
$100,000.................................................... 2710 5,979,285 M.1.b.(1)
(2) Number of deposit accounts of more than Number
$100,000.................................. RCON 2772 21,637 M.1.b.(2)
2. Estimated amount of uninsured deposits in domestic offices
of the bank:
a. an estimate of your bank's uninsured deposits can be
determined by multiplying the number of deposit accounts
of more than $100,000 reported in Memorandum item 1.b.(2)
above by $100,000 and subtracting the result from the
amount of deposit accounts of more than $100,000 reported
in Memorandum item 1.b.(1) above.
Indicate in the appropriate box at the right whether your
bank has a method or procedure for determining a better
estimate of uninsured deposits than the estimate described YES NO
above............................................................ 6861 X M.2.a.
b. If the box marked YES has been checked, report the estimate
of uninsured deposits determined by using your bank's method RCON Bil Mil Thou
or procedure..................................................... 5597 N/A M.2.b.
3. Has the reporting institution been consolidated with a parent bank
or savings association in that parent bank's or parent savings
association's Call Report or Thrift Financial Report?
If so, report the legal title and FDIC Certificate Number of the
parent bank or parent savings association:
FDIC Cert No.
TEXT A545 N/A RCON A545 N/A M.3.
32
35
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-23
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
SCHEDULE RC-R--REGULATORY CAPITAL
This schedule must be completed by all banks as follows: Banks that reported
total assets of $1 billion or more in Schedule RC, item 12, for June 30, 1998,
must complete items 2 through 9 and Memoranda items 1 and 2. BANKS WITH ASSETS
OF LESS THAN $1 BILLION MUST COMPLETE ITEMS 1 THROUGH 3 BELOW OR SCHEDULE RC-R
IN ITS ENTIRETY, DEPENDING ON THEIR RESPONSE TO ITEM 1 BELOW.
1. TEST FOR DETERMINING THE EXTENT TO WHICH SCHEDULE RC-R MUST BE COMPLETED. TO BE --------
COMPLETED ONLY BY BANKS WITH TOTAL ASSETS OF LESS THAN $1 BILLION. Indicate in the C480 <-
appropriate box at the right whether the bank has total capital greater than or ------------------------
equal to eight percent of adjusted total assets.................................. YES NO
-----------------------------------------
RCFD 6056 1.
-----------------------------------------
For purposes of this test, adjusted total assets equals total assets less cash, U.S. Treasuries, U.S. Government
agency obligations, and 80 percent of U.S. Government-sponsored agency obligations plus the allowance for
loan and lease losses and selected off-balance sheet items as reported on Schedule RC-L (see instructions).
If the box marked YES has been checked, then the bank only has to complete items 2 and 3 below. If the box marked
NO has been checked, the bank must complete the remainder of this schedule.
A NO response to item 1 does not necessarily mean that the bank's actual risk-based capital ratio is less than
eight percent or that the bank is not in compliance with the risk-based capital guidelines.
- ----------------------------------------------------------------
NOTE: ALL BANKS ARE REQUIRED TO COMPLETE ITEMS 2 AND 3 BELOW.
SEE OPTIONAL WORKSHEET FOR ITEMS 3.a through 3.f.
- ----------------------------------------------------------------
----------------------
Dollars Amounts in Thousands RCFD Bil Mil Thou
- --------------------------------------------------------------------------------------------------------------------------
2. Portion of qualifying limited-life capital instruments (original weighted
average maturity of at least five years) that is includible in Tier 2 capital:
a. Subordinated debt(1) and intermediate term preferred stock.................................. A515 690,000 2.a.
b. Other limited-life capital instruments...................................................... A516 0 2.b.
3. Amounts used in calculating regulatory capital ratios (report amounts determined by the bank
for its own internal regulatory capital analyses consistent with applicable capital standards):
a. (1) Tier 1 capital.......................................................................... 8274 1,573,668 3.a.(1)
(2) Tier 2 capital.......................................................................... 8275 980,975 3.a.(2)
(3) Tier 3 capital.......................................................................... 1395 0 3.a.(3)
b. Total risk-based capital.................................................................... 3792 2,554,644 3.b.
c. Excess allowances for loan and lease losses (amount that exceeds 1.25% of gross
risk-weighted assets)....................................................................... A222 0 3.c.
d. (1) Net risk-weighted assets (gross risk-weighted assets, INCLUDING MARKET RISK EQUIVALENT
ASSETS, less excess allowance reported in item 3.c above and all other deductions)...... A223 24,232,961 3.d.(1)
(2) Market risk equivalent assets (INCLUDED IN ITEM 3.d.(1) above).......................... 1651 0 3.d.(2)
e. Maximum contractual dollar amount of recourse exposure in low level
recourse transactions (to be completed only if the bank uses the "direct
reduction method" to report these transactions in Schedule RC-R)............................ 1727 0 3.e.
f. "Average total assets" (quarterly average reported in Schedule RC-K, item 9, less all
assets deducted from Tier 1 capital)(2).................................................... A224 27,725,154 3.f.
----------------------
---------------------------------------------------
(Column A) (Column B)
ITEMS 4-9 AND MEMORANDA ITEMS 1 AND 2 ARE TO BE COMPLETED Assets Credit Equiv-
BY BANKS THAT ANSWERED NO TO ITEM 1 ABOVE AND Recorded alent Amount
BY BANKS WITH TOTAL ASSETS OF $1 BILLION OR MORE. on the of Off-Balance
Balance Sheet Sheet Items(3)
---------------------------------------------------
4. Assets and credit equivalent amounts of off-balance sheet items RCFD Bil Mil Thou RCFD Bil Mil Thou
assigned to the Zero percent risk category: ---------------------------------------------------
a. Assets recorded on the balance sheet............................ 5163 1,424,444 4.a.
b. Credit equivalent amount of off-balance sheet items............. 3796 0 4.b.
---------------------------------------------------
- ----------------
(1) Exclude mandatory convertible debt reported in Schedule RC-M, item 7
(2) Do not deduct excess allowance for loan and lease losses.
(3) Do not report in column B the risk-weighted amount of assets reported in
column A.
33
36
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-24
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No. 0|6|5|6|0
---------
SCHEDULE RC-R--CONTINUED
(Column A) (Column B)
Assets Credit Equiv-
Recorded alent Amount
on the of Off-Balance
Balance Sheet Sheet Items(1)
--------------------------------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou RCFD Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
5. Assets and credit equivalent amounts of off-balance sheet items assigned
to the 20 percent risk category:
a. Assets recorded on the balance sheet................................. 5165 4,600,721 5.a.
b. Credit equivalent amount of off-balance sheet items.................. 3801 56,857 5.b.
6. Assets and credit equivalent amounts of the off-balance sheet items
assigned to the 50 percent risk category:
a. Assets recorded on the balance sheet................................. 3802 2,085,615 6.a.
b. Credit equivalent amount of off-balance sheet items.................. 3803 74,592 6..b.
7. Assets and credit equivalent amounts of off-balance sheet items
assigned to the 100 percent risk category:
a. Assets recorded on the balance sheet................................ 3804 19,940,942 7.a.
b. Credit equivalent amount of off-balance sheet time.................. 3805 2,280,401 7.b.
8. On-balance sheet asset values excluded from and deducted in the
calculation of the risk-based capital ratio(2)........................ 3806 652,102 8.
9. Total assets recorded on the balance sheet (sum of items 4.a.,5.a., 6.a.
7.a. and 8, column A) (must equal Schedule RC, item 12 plus items 4.b and
4.c.)..................................................................... 3807 28,703,824 9.
Memoranda
----------------------------- ----------------------
Dollar Amounts in Thousands RCFD Bil Mil Thou
- -------------------------------------------------------------------------------------------------------------------------
1. Current credit exposure across all off-balance sheet derivative contracts covered by the risk-
based capital standards....................................................................... 8764 78,744 M.1.
With a remaining maturity of
-------------------------------------------------------------------------------------
(Column A) (Column B) (Column C)
One year or less Over one year Over five years
through five years
-------------------------------------------------------------------------------------
2. Notional principal amounts of RCFD Tril Bil Mil Thou RCFD Tril Bil Mil Thou RCFD Tril Bil Mil Thou
off-balance sheet derivative ----------------------- ------------------------- -----------------------
contracts(3):
a. Interest rate contracts...... 3809 1,025,666 8766 3,811,445 8767 1,436,280 M.2.a
b. Foreign exchange contracts... 3812 74,241 8769 34,650 8770 0 M.2.b.
c. Gold contracts............... 8771 0 8772 0 8773 0 M.2.c.
d. Other precious metals
contracts.................... 8774 0 8775 0 8776 0 M.2.d.
e. Other commodity contracts.... 8777 0 8778 0 8779 0 M.2.e.
f. Equity derivative contracts.. A000 0 A001 0 A002 0 M.2.f.
- --------------------------
(1) Do not report in column B the risk-weighted amount of assets reported in
column A.
(2) Include the difference between the fair value and the amortized cost of
available-for-sale debt securities in item 8 and report the amortized cost
of these debt securities in items 4 through 7 above. Item 8 also includes
on-balance sheet asset values (or portions thereof) of off-balance sheet
interest rate, foreign exchange rate, and commodity contracts and those
contracts(e.g., futures contracts) not subject to risk-based capital.
Exclude from item 8 margin accounts and accrued receivables not included in
the calculation of credit equivalent amounts of off-balance sheet
derivatives as well as any portion of the allowance for loan and lease
losses in excess of the amount that may be included in Tier 2 capital.
(3) Exclude foreign exchange contracts with an original maturity of 14 days or
less and all futures contracts.
34
37
Legal Title of Bank: The Huntington National Bank Call Date: 03/31/1999 FFIEC 031
Address: 41 S. High St. Page RC-25
City, State Zip: Columbus, OH 43287 Printed 04/29/1999 at 09:58
FDIC Certificate No.: |0|6|5|6|0|
-----------
OPTIONAL NARRATIVE STATEMENT CONCERNING THE AMOUNTS
REPORTED IN THE REPORTS OF CONDITION AND INCOME
at close of business on March 31, 1999
THE HUNTINGTON NATIONAL BANK COLUMBUS, OHIO
- ---------------------------- -------- -----------------------
Legal Title of Bank City State
The management of the reporting bank may, if it wishes, submit a brief narrative
statement on the amounts reported in the Reports of Condition and Income. This
optional statement will be made available to the public, along with the publicly
available data in the Reports of Condition and Income, in response to any
request for individual bank report data. However, the information reported in
column A and in all of Memorandum item 1 of Schedule RC-N is regarded as
confidential and will not be released to the public. BANKS CHOOSING TO SUBMIT
THE NARRATIVE STATEMENT SHOULD ENSURE THAT THE STATEMENT DOES NOT CONTAIN THE
NAMES OR OTHER IDENTIFICATIONS OF INDIVIDUAL BANK CUSTOMERS, REFERENCES TO THE
AMOUNTS REPORTED IN THE CONFIDENTIAL ITEMS IN SCHEDULE RC-N, OR ANY OTHER
INFORMATION THAT THEY ARE NOT WILLING TO HAVE MADE PUBLIC OR THAT WOULD
COMPROMISE THE PRIVACY OF THEIR CUSTOMERS. Banks choosing not to make a
statement may check the "No comment" box below and should make no entries of any
kind in the space provided for the narrative statement; i.e., DO NOT enter in
this space such phrases as "No statement," "Not applicable," "N/A," "No
comment," and "None."
The optional statement must be entered on this sheet. The statement should not
exceed 100 words. Further, regardless of the number of words, the statement
must not exceed 750 characters, including punctuation, indentation, and
standard spacing between words and sentences. If any submission should exceed
750 characters, as defined, it will be truncated at 750 characters with no
notice to the submitting bank and the truncated statement will appear as the
bank's statement both on agency computerized records and in computer-file
releases to the public.
All information furnished by the bank in the narrative statement must be
accurate and not misleading. Appropriate efforts shall be taken by the
submitting bank to ensure the statement's accuracy. The statement must be
signed, in the space provided below, by a senior officer of the bank who thereby
attests to its accuracy.
If, subsequent to the original submission, material changes are submitted for
the data reported in the Reports of Condition and Income, the existing
narrative statement will be deleted from the files, and from disclosure; the
bank, at its option, may replace it with a statement, under signature,
appropriate to the amended data.
The optional narrative statement will appear in agency records and in release to
the public exactly as submitted (or amended as described in the preceding
paragraph) by the management of the bank (except for the truncation of
statements exceeding the 750-character limit described above). THE STATEMENT
WILL NOT BE EDITED OR SCREENED IN ANY WAY BY THE SUPERVISORY AGENCIES FOR
ACCURACY OR RELEVANCE. DISCLOSURE OF THE STATEMENT SHALL NOT SIGNIFY THAT ANY
FEDERAL SUPERVISORY AGENCY HAS VERIFIED OR CONFIRMED THE ACCURACY OF THE
INFORMATION CONTAINED THEREIN. A STATEMENT TO THIS EFFECT WILL APPEAR ON ANY
PUBLIC RELEASE OF THE OPTIONAL STATEMENT SUBMITTED BY THE MANAGEMENT OF THE
REPORTING BANK.
- --------------------------------------------------------------------------------
No comment /X/ (RCON 6979) C471 C472 <-
---------------
BANK MANAGEMENT STATEMENT (please type or print clearly):
(TEXT 6980)
?
- -------------------------------------- -----------------
Signature of Executive Officer of Bank Date of Signature
35
38
Legal Title of Bank: The Huntington National Bank Call Date: 3/31/1999
Address: 41 S. High St. FFIEC 031
City, State Zip: Columbus, OH 43287
FDIC Certificate No.: |0|6|5|6|0|
-----------
THIS PAGE IS TO BE COMPLETED BY ALL BANKS
- ----------------------------------------------------------------------------------------------------------------------
NAME AND ADDRESS OF BANK OMB No. For OCC: 1557-0081
OMB No. For FDIC: 3064-0052
OMB No. For Federal Reserve: 7100-0036
Expiration Date: 3/31/2001
SPECIAL REPORT
(Dollar Amounts in Thousands)
-------------------------------------------------------------------------------
CLOSE OF BUSINESS FDIC Certificate Number
DATE C-700 <---
03/31/1999 |0|6|5|6|0|
- ----------------------------------------------------------------------------------------------------------------------
LOANS TO EXECUTIVE OFFICERS (Complete as of each Call Report Date)
- ----------------------------------------------------------------------------------------------------------------------
The following information is required by Public Laws 90-44 and 102-242 but does not constitute a part of the
Report of Condition. With each Report of Condition, these Laws require all banks to furnish a report of all
loans or other extensions of credit to their executive officers made SINCE THE DATE OF THE PREVIOUS REPORT
OF CONDITION. Data regarding individual loans or other extensions of credit are not required. If no such
loans or other extensions of credit were made during the period, insert "none" against subitem (a). (Exclude
the first $15,000 of indebtedness of each executive officer under bank credit card plan.) SEE SECTIONS
215.2 AND 215.3 OF TITLE 12 OF THE CODE OF FEDERAL REGULATIONS (FEDERAL RESERVE BOARD REGULATION O) FOR THE
DEFINITIONS OF "EXECUTIVE OFFICER" AND "EXTENSION OF CREDIT," RESPECTIVELY. EXCLUDE LOANS AND OTHER EXTENSIONS
OF CREDIT TO DIRECTORS AND PRINICIPAL SHAREHOLDERS WHO ARE NOT EXECUTIVE OFFICERS.
- ----------------------------------------------------------------------------------------------------------------------
a. Number of loans made to executive officers since the previous Call Report date ............... RCFD 3561 1 a.
b. Total dollar amount of above loans (in thousands of dollars) ................................. RCFD 3562 26 b.
c. Range of interest charged on above loans
(example: 9 3/4% = 9.75) .............................................. RCFD 7701 6.77 % to RCFD 7702 6.77 % c.
- ----------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------
SIGNATURE AND TITLE OF OFFICER AUTHORIZED TO SIGN REPORT DATE (Month, Day, Year)
- ----------------------------------------------------------------------------------------------------------------------
FDIC 8040/53 (3-98)
36