Company: HBAN
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000049196-25-000038
Chunk: 156

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 156
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 of the securities being hedged. The securities being hedged under the portfolio layer method are primarily Residential CMO and Residential MBS securities.

2025 1Q Form 10-Q     45

 The following table provides the amortized cost and fair value of securities by contractual maturity. Expected maturities may differ from contractual maturities as issuers may have the right to call or prepay obligations with or without incurring penalties.At March 31, 2025At December 31, 2024(dollar amounts in millions)AmortizedCostFairValueAmortizedCostFairValueAvailable-for-sale securities:Under 1 year$3,073 $3,071 $3,620 $3,624 After 1 year through 5 years6,716 6,627 5,993 5,844 After 5 years through 10 years1,666 1,554 1,857 1,732 After 10 years19,402 16,587 19,273 16,073 Total available-for-sale securities$30,857 $27,839 $30,743 $27,273 Held-to-maturity securities:Under 1 year$201 $200 $255 $256 After 1 year through 5 years2,143 2,144 1,818 1,796 After 5 years through 10 years67 64 65 60 After 10 years13,904 11,936 14,230 11,974 Total held-to-maturity securities$16,315 $14,344 $16,368 $14,086 

46     Huntington Bancshares Incorporated

The following tables provide detail on investment securities with unrealized losses aggregated by investment category and the length of time the individual securities have been in a continuous loss position.Less than 12 MonthsOver 12 MonthsTotal(dollar amounts in millions)FairValueGross UnrealizedLossesFairValueGross UnrealizedLossesFairValueGross UnrealizedLossesAt March 31, 2025Available-for-sale securities:U.S. Treasury$1,975 $(14)$— $— $1,975 $(14)Federal agencies:Residential MBS215 (2)9,692 (1,698)9,907 (1,700)Residential CMO665 (1)2,