Company: HBAN
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000049196-25-000063
Chunk: 159

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 159
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)(9)— Closing balance$567 $7 $4,067 $21 $38 $62 Change in unrealized gains or losses for the period included in earnings for assets held at end of the reporting date$— $2 $— $— $— $— Change in unrealized gains or losses for the period included in other comprehensive income for assets held at the end of the reporting period— — 10 — — — Three months ended June 30, 2024Opening balance$534 $4 $3,293 $20 $72 $58 Transfers into Level 3— — — — — 4 Transfers out of Level 3 (1)— (6)— — — — Total gains/losses for the period:Included in earnings:Interest and fee income— — (1)— — (1)Mortgage banking income12 4 — — — — Other noninterest income— (6)— (1)— — Provision for credit losses— — (2)— — — Included in OCI— — (33)— — — Purchases/originations11 — 228 — — — Repayments— — — — — (1)Settlements(14)5 (144)1 (37)— Closing balance$543 $1 $3,341 $20 $35 $60 Change in unrealized gains or losses for the period included in earnings for assets held at end of the reporting date$12 $(1)$— $— $— $— Change in unrealized gains or losses for the period included in other comprehensive income for assets held at the end of the reporting period— — (34)— — — (1)Transfers out of Level 3 represent the settlement value of the derivative instruments (i.e., interest rate lock agreements) that are transferred to loans held for sale, which is classified as Level 2.

2025 2Q Form 10-Q     72

Table of Contents

Level 3 Fair Value MeasurementsAvailable-for-sale securitiesLoans held for investment(dollar amounts in millions)MSRsDerivativeinstrumentsMunicipalsecuritiesPrivate- label C