Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 218

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part II, Item 8
Chunk 218
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— — — — 4 Residential mortgage— — — — — 1 — — 1 Automobile— 5 5 6 3 1 — — 20 Home equity— — — — — — 1 1 2 RV and marine— — 2 1 2 4 — — 9 Other consumer1 6 5 2 1 3 — 9 27 Total $1 $18 $21 $44 $10 $18 $10 $11 $133 Term Loans Gross Charge-offs by Origination YearRevolver Gross Charge-offsRevolver Converted to Term Loans Gross Charge-offs(dollar amounts in millions)20242023202220212020PriorTotalThree months ended March 31, 2024Commercial and industrial$— $5 $11 $15 $11 $2 $10 $1 $55 Commercial real estate— 1 9 1 — 6 — — 17 Lease financing— — — 1 — 1 — — 2 Residential mortgage— — — — — 1 — — 1 Automobile— 4 5 4 2 — — — 15 Home equity— — — — — — — 2 2 RV and marine— 1 1 2 1 3 — — 8 Other consumer1 7 5 2 1 3 — 9 28 Total $1 $18 $31 $25 $15 $16 $10 $12 $128 

2025 1Q Form 10-Q     53

Modifications to Debtors Experiencing Financial DifficultySee Note 4 - “Loans and Leases” to the Consolidated Financial Statements appearing in Huntington’s 2024 Annual Report on Form 10-K for a description of reported modification types and the impact on credit quality of borrowers experiencing financial difficulty.The following table summarizes the amortized cost basis of loans modified during the reporting period to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of modification.Amortized Cost(dollar amounts in millions)Interest rate reductionTerm