Company: HBAN
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000049196-25-000079
Chunk: 224

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 224
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,798 125,557 Derivative assets— — 266 266 266 Assets held in trust for deferred compensation plans— — 191 191 191 Financial LiabilitiesDeposits (2)162,448 — — 162,448 162,455 Short-term borrowings199 — — 199 199 Long-term debt15,553 — 821 16,374 16,573 Derivative liabilities— — 578 578 578 (1)Includes collateral-dependent loans. (2)Includes $1.3 billion and $1.5 billion in time deposits in excess of the FDIC insurance coverage limit at September 30, 2025 and December 31, 2024, respectively.

2025 3Q Form 10-Q     76

The following table presents the level in the fair value hierarchy for the estimated fair values.Estimated Fair Value Measurements at Reporting Date UsingNetting Adjustments (1) Estimated Fair Value(dollar amounts in millions)Level 1Level 2Level 3At September 30, 2025Financial AssetsTrading account securities$2 $79 $— $— $81 Available-for-sale securities5,410 16,524 4,151 — 26,085 Held-to-maturity securities2,354 11,515 — — 13,869 Other securities (2)30 2 — — 32 Loans held for sale— 817 6 — 823 Net loans and leases— 108 134,845 — 134,953 Derivative assets— 493 9 (291)211 Financial LiabilitiesDeposits — 151,413 13,799 — 165,212 Short-term borrowings57 195 — — 252 Long-term debt— 12,415 5,156 — 17,571 Derivative liabilities— 502 6 (163)345 At December 31, 2024Financial AssetsTrading account securities$1 $52 $— $— $53 Available-for-sale securities6,556 16,693 4,024 — 27,273 Held-to-maturity securities2,023 12,063 — — 14,086 Other securities