Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 77

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 2
Chunk 77
---
 - Pay SOFR - forward-starting (3)6,025 3.96 19 3.62 Liability conversion swapsReceive Fixed - Pay SOFR10,017 3.22 (108)3.40 Receive Fixed - Pay SOFR - forward-starting (3)1,200 6.00 14 3.91 Purchased floor spreads (4)Purchased Floor Spread - SOFR 6,000 1.58 28 2.79 / 3.87Purchased Floor Spread - SOFR forward-starting (5)3,950 4.13 56 2.84 / 3.84Basis swaps (6)Pay SOFR- Receive Fed Fund (economic hedges)174 1.33 — 4.35 Pay Fed Fund - Receive SOFR (economic hedges) 1 10.56 — 4.40 Total swap portfolio$48,629 $182 At December 31, 2024Asset conversion swapsSecurities (1):Pay Fixed - Receive SOFR$10,059 1.92 $407 1.38 %Pay Fixed - Receive SOFR - forward-starting (2)928 7.46 45 2.81 Loans:Receive Fixed - Pay SOFR10,075 2.18 (255)2.75 Receive Fixed - Pay SOFR - forward-starting (7)7,225 4.03 (75)3.62 Liability conversion swapsReceive Fixed - Pay SOFR7,272 3.24 (197)3.30 Receive Fixed - Pay SOFR - forward-starting (7)4,075 4.60 (56)3.64 Purchased floor spreads (4)Purchased Floor Spread - SOFR6,000 1.83 24 2.79 / 3.87Basis swaps (6)Pay SOFR- Receive Fed Fund (economic hedges) 174 1.58 — 5.19 Pay Fed Fund - Receive SOFR (economic hedges) 1 10.81 — 5.24 Total swap portfolio$45,809 $(107)

(1)Amounts include interest rate swaps as fair value hedges of fixed rate investment securities using the portfolio layer method.

(2)Forward-starting swaps effective starting from April