Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 99

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 99
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 in total deposits, compared to December 31, 2024, was driven by increases in interest-bearing demand and money market deposits, partially offset by lower time and noninterest-bearing demand deposits. Total deposits included $7.0 billion of brokered deposits primarily consisting of brokered money market balances at both September 30, 2025 and December 31, 2024. The level of brokered deposits was below our established liquidity risk metric limits at September 30, 2025.

Insured deposits comprised approximately 70% and 69% of our total deposits at September 30, 2025 and December 31, 2024, respectively. The composition of our deposits is presented in the table below.

Table 18 - Deposit Composition(dollar amounts in millions)At September 30, 2025At December 31, 2024By type:Demand deposits—noninterest-bearing$28,596 17 %$29,345 18 %Demand deposits—interest-bearing46,056 28 43,378 27 Money market deposits62,837 38 60,730 37 Savings deposits14,986 9 14,723 9 Time deposits12,737 8 14,272 9 Total deposits$165,212 100 %$162,448 100 %Total deposits (insured/uninsured):Insured deposits$115,978 70 %$112,394 69 %Uninsured deposits (1)49,234 30 50,054 31 Total deposits$165,212 100 %$162,448 100 %

(1)Represents consolidated Huntington uninsured deposits, determined by adjusting the amounts reported in the Bank Call Report (FFIEC 031) by inter-company deposits, which are not customer deposits and are therefore eliminated through consolidation. As of September 30, 2025, the Bank Call Report estimated uninsured deposit balance was $53.7 billion, which includes $4.5 billion of inter-company deposits. As of December 31, 2024, the Bank Call Report estimated uninsured deposit balance was $54.6 billion, which includes $4.5 billion of inter-company deposits. 

Wholesale Funding

Sources of wholesale funding include non-customer brokered deposits, short-term borrowings, and long-term debt. Our wholesale funding totaled $24.6 billion at September 30, 2025, an