Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 165

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 165
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 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 June 30, 2025 and December 31, 2024, respectively.

2025 2Q Form 10-Q     76

Table of Contents

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 June 30, 2025Financial AssetsTrading account securities$368 $113 $— $— $481 Available-for-sale securities7,384 16,820 4,126 — 28,330 Held-to-maturity securities2,340 11,749 — — 14,089 Other securities (2)29 2 — — 31 Loans held for sale— 867 9 — 876 Net loans and leases— 110 131,543 — 131,653 Derivative assets— 558 10 (354)214 Financial LiabilitiesDeposits — 149,232 14,157 — 163,389 Short-term borrowings416 160 — — 576 Long-term debt— 12,209 5,351 — 17,560 Derivative liabilities— 606 3 (223)386 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 (2)29 2 — — 31 Loans held for sale— 652 2 — 654 Net loans and leases— 113 125,444 — 125,557 Derivative assets— 606 4