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Exhibit 25(a)
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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 CHASE MANHATTAN BANK
(Exact name of trustee as specified in its charter)
NEW YORK 13-4994650
(State of incorporation (I.R.S. employer
if not a national bank) identification No.)
270 PARK AVENUE
NEW YORK, NEW YORK 10017
(Address of principal executive offices) (Zip Code)
William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)
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HUNTINGTON BANCSHARES INCORPORATED
(Exact name of obligor as specified in its charter)
MARYLAND 31-0724920
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification No.)
HUNTINGTON CENTER
41 SOUTH HIGH STREET
COLUMBUS, OHIO 43287
(Address of principal executive offices) (Zip Code)
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FLOATING RATE JUNIOR SUBORDINATED DEBENTURES
(Title of the indenture securities)
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GENERAL
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.
New York State Banking Department, State House, Albany, New York
12110.
Board of Governors of the Federal Reserve System, Washington, D.C.,
20551.
Federal Reserve Bank of New York, District No. 2, 33 Liberty
Street, New York, N.Y.
Federal Deposit Insurance Corporation, Washington, D.C., 20429.
(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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Exhibit 7 to Form T-1
Bank Call Notice
RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF
The Chase Manhattan Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,
at the close of business March 31, 1997, in
accordance with a call made by the Federal Reserve
Bank of this District pursuant to the provisions of
the Federal Reserve Act.
DOLLAR AMOUNTS
ASSETS IN MILLIONS
Cash and balances due from depository institutions:
Noninterest-bearing balances and
currency and coin...................................... $ 11,721
Interest-bearing balances.............................. 3,473
Securities: ...............................................
Held to maturity securities................................. 2,965
Available for sale securities............................... 35,903
Federal Funds sold and securities purchased under
agreements to resell .................................. 24,025
Loans and lease financing receivables:
Loans and leases, net of unearned income $123,957
Less: Allowance for loan and lease losses 2,853
Less: Allocated transfer risk reserve ... 13
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Loans and leases, net of unearned income,
allowance, and reserve ................................ 121,091
Trading Assets ............................................. 54,340
Premises and fixed assets (including capitalized
leases)................................................ 2,875
Other real estate owned .................................... 302
Investments in unconsolidated subsidiaries and
associated companies................................... 139
Customers' liability to this bank on acceptances
outstanding ........................................... 2,270
Intangible assets .......................................... 1,535
Other assets ............................................... 10,283
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TOTAL ASSETS ............................................... $270,922
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LIABILITIES
Deposits
In domestic offices .................................... $ 84,776
Noninterest-bearing ..........................$32,492
Interest-bearing ............................. 52,284
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In foreign offices, Edge and Agreement subsidiaries,
and IBF's .............................................. 69,171
Noninterest-bearing ..........................$ 4,181
Interest-bearing ..............................64,990
Federal funds purchased and securities sold under agree-
ments to repurchase ......................................... 32,885
Demand notes issued to the U.S. Treasury .................... 1,000
Trading liabilities.......................................... 42,538
Other Borrowed money (includes mortgage indebtedness
and obligations under capitalized leases):
With a remaining maturity of one year or less .......... 4,431
With a remaining maturity of more than one year ............. 466
Bank's liability on acceptances executed and outstanding 2,270
Subordinated notes and debentures ........................... 5,911
Other liabilities ........................................... 11,575
TOTAL LIABILITIES ........................................... 255,023
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EQUITY CAPITAL
Perpetual Preferred stock and related surplus 0
Common stock ................................................ 1,211
Surplus (exclude all surplus related to preferred stock).... 10,283
Undivided profits and capital reserves ...................... 4,941
Net unrealized holding gains (Losses)
on available-for-sale securities ............................ (552)
Cumulative foreign currency translation adjustments ......... 16
TOTAL EQUITY CAPITAL ........................................ 15,899
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TOTAL LIABILITIES, LIMITED-LIFE PREFERRED
STOCK AND EQUITY CAPITAL ............................... $270,922
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I, Joseph L. Sclafani, E.V.P. & Controller of the above-named bank, do hereby
declare that this Report of Condition has been prepared in conformance with the
instructions issued by the appropriate Federal regulatory authority and is true
to the best of my knowledge and belief.
JOSEPH L. SCLAFANI
We, the undersigned directors, attest to the correctness of this Report of
Condition and declare that it has been examined by us, and to the best of our
knowledge and belief has been prepared in conformance with the instructions
issued by the appropriate Federal regulatory authority and is true and correct.
WALTER V. SHIPLEY )
THOMAS G. LABRECQUE ) DIRECTORS
WILLIAM B. HARRISON, JR. )
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