v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 1,685 $ 1,811
Interest-bearing deposits at Federal Reserve Bank 2,691 3,711
Interest-bearing deposits in banks 216 392
Trading account securities 32 46
Available-for-sale securities 23,306 28,460
Held-to-maturity securities 17,173 12,447
Other securities 818 648
Loans held for sale (includes $758 and $1,270 respectively, measured at fair value) [1] 893 1,676
Loans and leases (includes $182 and $171 respectively, measured at fair value) [1] 118,147 111,267
Allowance for loan and lease losses (2,110) (2,030)
Net loans and leases 116,037 109,237
Bank owned life insurance 2,768 2,765
Accrued income and other receivables 1,352 1,319
Premises and equipment 1,171 1,164
Goodwill 5,571 5,349
Servicing rights and other intangible assets 715 611
Other assets 4,974 4,428
Total assets 179,402 174,064
Liabilities    
Demand deposits—noninterest-bearing 40,762 43,236
Interest-bearing 105,551 100,027
Total deposits 146,313 143,263
Short-term borrowings 426 334
Long-term debt 10,168 7,108
Other liabilities 5,324 4,041
Total liabilities 162,231 154,746
Commitments and Contingent Liabilities (Note 16)
Shareholders’ equity    
Preferred stock 2,167 2,167
Common stock 14 14
Capital surplus 15,282 15,222
Less treasury shares, at cost (80) (79)
Accumulated other comprehensive income (loss) (3,276) (229)
Retained earnings 3,029 2,202
Total Huntington Bancshares Inc shareholders’ equity 17,136 19,297
Non-controlling interest 35 21
Total equity 17,171 19,318
Total liabilities and shareholders’ equity $ 179,402 $ 174,064
Common shares authorized (in shares) 2,250,000,000 2,250,000,000
Common share outstanding (in shares) 1,442,734,255 1,437,742,172
Treasury shares outstanding (in shares) 6,341,958 6,298,288
Preferred stock, authorized shares (in shares) 6,617,808 6,617,808
Preferred shares outstanding (in shares) 557,500 557,500
[1] Amounts represent loans for which Huntington has elected the fair value option. See Note 13 “Fair Values of Assets and Liabilities”.

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