Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 70

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 70
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 3 (1)— (25)— — — — Total gains/losses for the period:Included in earnings:Interest and fee income— — (1)(1)— (1)Provision for credit losses— — (2)— — — Mortgage banking income60 24 — — — — Other noninterest income— (13)— — — — Included in OCI— — 33 — — — Purchases/originations54 — 1,256 — 15 — Repayments— — — — — (5)Settlements(56)18 (667)2 (41)— Closing balance$573 $2 $3,954 $21 $49 $61 Change in unrealized gains or losses for the period included in earnings for assets held at end of the reporting date$60 $(1)$— $— $— $— Change in unrealized gains or losses for the period included in other comprehensive income for assets held at the end of the reporting period — — 27 — — — 

142     Huntington Bancshares Incorporated

Table of Contents

Level 3 Fair Value MeasurementsAvailable-for-sale securitiesLoans held for investment(dollar amounts in millions)MSRsDerivativeinstrumentsMunicipalsecuritiesPrivate-labelCMOAsset-backedsecuritiesYear Ended December 31, 2023Opening balance$494 $(2)$3,248 $20 $74 $16 Transfers into Level 3— — — — — 41 Transfers out of Level 3 (1)— (23)— — — — Total gains/losses for the period:Included in earnings:Interest and fee income— — (2)(1)— (3)Mortgage banking income7 25 — — — — Other noninterest income— (2)— — — — Included in OCI— — 73 — 1 — Purchases/originations63 — 928 1 — — Sales(1)— — — — — Settlements(48)— (912)— — — Closing balance$515 $(2)$3