Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 89

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 89
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 %$15,127 10.2 %$14,212 Bank4.5 7.0 7.0 6.5 %11.6 16,540 10.6 14,671 Tier 1 risk-based capitalConsolidated6.0 8.5 9.2 6.0 11.9 17,126 12.0 16,616 Bank6.0 8.5 8.5 8.0 12.4 17,746 11.5 15,879 Total risk-based capitalConsolidated8.0 10.5 11.2 10.0 14.3 20,565 14.2 19,657 Bank8.0 10.5 10.5 10.0 14.1 20,240 13.1 18,126 Tier 1 leverage Consolidated4.0 N/AN/AN/A    8.6 17,126 9.3 16,616 Bank4.0 N/AN/A5.0 8.9 17,746 8.5 15,879 (1)    The SCB, applicable to Huntington, was 2.5% and 3.2% at December 31, 2024 and December 31, 2023, respectively. The CCB, applicable to the Bank, was 2.5% at both December 31, 2024 and December 31, 2023.Under current Federal Reserve regulations, the Bank is limited as to the amount and type of loans it may make to the parent company and nonbank subsidiaries. At December 31, 2024, the Bank could lend $2.0 billion to a single affiliate, subject to the qualifying collateral requirements defined in the regulations.

Dividends from the Bank are one of the major sources of funds for the Company. These funds aid the Company in the payment of dividends to shareholders, expenses, and other obligations. Payment of dividends and/or return of capital to the parent company is subject to various legal and regulatory limitations. Also, there are statutory and regulatory limitations on the ability of national banks to pay dividends or make other capital distributions.

23. PARENT-ONLY FINANCIAL STATEMENTS 

The parent-only financial statements, which include transactions with subsidiaries, are as follows.Balance Sheets