HBAN » Topics » 10. SHORT-TERM BORROWINGS

This excerpt taken from the HBAN 8-K filed Sep 3, 2009.
10. SHORT-TERM BORROWINGS
 
At December 31, short-term borrowings were comprised of the following:
                 
    At December 31,  
(in thousands)   2008     2007  
 
Federal funds purchased
  $ 50,643     $ 1,013,119  
Securities sold under agreements to repurchase
    1,238,484       1,693,307  
Other borrowings
    20,030       137,212  
                 
Total short-term borrowings
  $ 1,309,157     $ 2,843,638  
                 
 
Other borrowings consist of borrowings from the U.S. Treasury and other notes payable.
 
These excerpts taken from the HBAN 10-K filed Feb 24, 2009.
10. SHORT-TERM BORROWINGS
 
At December 31, short-term borrowings were comprised of the following:
                 
    At December 31,  
(in thousands)   2008     2007  
 
Federal funds purchased
  $ 50,643     $ 1,013,119  
Securities sold under agreements to repurchase
    1,238,484       1,693,307  
Other borrowings
    20,030       137,212  
                 
Total short-term borrowings
  $ 1,309,157     $ 2,843,638  
                 
 
Other borrowings consist of borrowings from the U.S. Treasury and other notes payable.
 
10. SHORT-TERM BORROWINGS
 
At December 31, short-term borrowings were comprised of the following:
                 
    At December 31,  
(in thousands)   2008     2007  
 
Federal funds purchased
  $ 50,643     $ 1,013,119  
Securities sold under agreements to repurchase
    1,238,484       1,693,307  
Other borrowings
    20,030       137,212  
                 
Total short-term borrowings
  $ 1,309,157     $ 2,843,638  
                 
 
Other borrowings consist of borrowings from the U.S. Treasury and other notes payable.
 
10. SHORT-TERM BORROWINGS
 
At December 31, short-term borrowings were comprised of the following:
                 
    At December 31,  
(in thousands)   2008     2007  
 
Federal funds purchased
  $ 50,643     $ 1,013,119  
Securities sold under agreements to repurchase
    1,238,484       1,693,307  
Other borrowings
    20,030       137,212  
                 
Total short-term borrowings
  $ 1,309,157     $ 2,843,638  
                 
 
Other borrowings consist of borrowings from the U.S. Treasury and other notes payable.
 
10. SHORT-TERM
BORROWINGS



 



At December 31, short-term borrowings were comprised of the
following:




































































































                 

 

 

At December 31,

 

(in thousands)

 

2008

 

 

2007


 

 


Federal funds purchased


 

$

50,643

 

 

$

1,013,119

 


Securities sold under agreements to repurchase


 

 

1,238,484

 

 

 

1,693,307

 


Other borrowings


 

 

20,030

 

 

 

137,212

 

 

 

 

 

 

 

 

 

 


Total short-term borrowings


 

$

1,309,157

 

 

$

2,843,638

 

 

 

 

 

 

 

 

 

 






 



Other borrowings consist of borrowings from the
U.S. Treasury and other notes payable.


 




10. SHORT-TERM
BORROWINGS



 



At December 31, short-term borrowings were comprised of the
following:




































































































                 

 

 

At December 31,

 

(in thousands)

 

2008

 

 

2007


 

 


Federal funds purchased


 

$

50,643

 

 

$

1,013,119

 


Securities sold under agreements to repurchase


 

 

1,238,484

 

 

 

1,693,307

 


Other borrowings


 

 

20,030

 

 

 

137,212

 

 

 

 

 

 

 

 

 

 


Total short-term borrowings


 

$

1,309,157

 

 

$

2,843,638

 

 

 

 

 

 

 

 

 

 






 



Other borrowings consist of borrowings from the
U.S. Treasury and other notes payable.


 




10. SHORT-TERM
BORROWINGS



 



At December 31, short-term borrowings were comprised of the
following:




































































































                 

 

 

At December 31,

 

(in thousands)

 

2008

 

 

2007


 

 


Federal funds purchased


 

$

50,643

 

 

$

1,013,119

 


Securities sold under agreements to repurchase


 

 

1,238,484

 

 

 

1,693,307

 


Other borrowings


 

 

20,030

 

 

 

137,212

 

 

 

 

 

 

 

 

 

 


Total short-term borrowings


 

$

1,309,157

 

 

$

2,843,638

 

 

 

 

 

 

 

 

 

 






 



Other borrowings consist of borrowings from the
U.S. Treasury and other notes payable.


 




This excerpt taken from the HBAN 10-K filed Feb 23, 2006.
10. SHORT-TERM BORROWINGS

At December 31, short-term borrowings were comprised of the following:

                 
At December 31,

(in thousands of dollars) 2005 2004

Federal funds purchased
  $ 931,097     $ 30,620  
Securities sold under agreements to repurchase
    888,985       1,093,247  
Commercial paper
    2,480       1,928  
Other borrowings
    66,698       81,438  

Total short-term borrowings
  $ 1,889,260     $ 1,207,233  

Other borrowings consist of borrowings from the U.S. Treasury, funds held as collateral from swap counterparties, and other notes payable.

Information concerning securities sold under agreements to repurchase for the years ended December 31 is summarized as follows:

                 
Year Ended December 31,

(in thousands of dollars) 2005 2004

Average balance during the year
  $ 1,125,159     $ 1,410,174  
Average interest rate during the year
    2.17 %     0.93 %
Maximum month-end balance during the year
  $ 1,356,733     $ 1,500,267  

Commercial paper is issued by Huntington Bancshares Financial Corporation, a non-bank subsidiary, with principal and interest guaranteed by the parent company.

117


 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS HUNTINGTON BANCSHARES INCORPORATED

This excerpt taken from the HBAN 10-K filed Mar 3, 2005.
10. SHORT-TERM BORROWINGS
At December 31, short-term borrowings were comprised of the following:
                 
At December 31,

(in thousands of dollars) 2004 2003

Federal funds purchased
  $ 30,620     $ 230,585  
Securities sold under agreements to repurchase
    1,093,247       1,147,473  
Commercial paper
    1,928       3,481  
Other
    81,438       70,765  

Total Short-term Borrowings
  $ 1,207,233     $ 1,452,304  

Information concerning securities sold under agreements to repurchase at December 31 is summarized as follows:

                 
Year Ended December 31,

(in thousands of dollars) 2004 2003

Average balance during the year
  $ 1,410,174     $ 880,363  
Average interest rate during the year
    0.93 %     0.73 %
Maximum month-end balance during the year
  $ 1,500,267     $ 1,276,761  

Commercial paper is issued by Huntington Bancshares Financial Corporation, a non-bank subsidiary, with principal and interest guaranteed by the parent company.

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