Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 22

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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.6Residential mortgage8.6(1)     Certain disclosures related to financial effects of modifications do not include those deemed to be immaterial.

54     Huntington Bancshares Incorporated

The performance of loans made to borrowers experiencing financial difficulty to which modifications were made is closely monitored to understand the effectiveness of modification efforts. Loans are considered to be in payment default at 90 or more days past due. The following table depicts the performance of loans that have been modified during the identified period.Past Due(dollar amounts in millions)30-59 Days60-89 Days90 or more daysTotalCurrentTotalAt March 31, 2025Commercial and industrial$8 $— $5 $13 $483 $496 Commercial real estate12 — 2 14 244 258 Residential mortgage9 9 15 33 39 72 Automobile2 — — 2 9 11 Home equity1 1 1 3 12 15 RV and marine— — — — 1 1 Other consumer— — — — 2 2 Total loans to borrowers experiencing financial difficulty to which modifications were made in the twelve months ended March 31, 2025$32 $10 $23 $65 $790 $855 At March 31, 2024Commercial and industrial$2 $11 $11 $24 $449 $473 Commercial real estate2 7 — 9 118 127 Residential mortgage8 5 9 22 31 53 Automobile2 — — 2 14 16 Home equity1 1 1 3 11 14 RV and marine— — — — 1 1 Total loans to borrowers experiencing financial difficulty to which modifications were made in the twelve months ended March 31, 2024$15 $24 $21 $60 $624 $684 Pledged LoansThe Bank has access to secured borrowings from the Federal Reserve’s discount window and advances from the FHLB. As of March 31, 2025 and December 31, 2024, loans and leases totaling $107.4 billion and $105.4 billion, respectively, were pledged to the FRB and FHLB for access to these contingent funding sources.

2025