Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 804 $ 1,108
Interest-bearing deposits at Federal Reserve Bank 532 1,564
Interest-bearing deposits in banks 147 53
Trading account securities 166 105
Debt Securities, Available-for-sale 13,982 13,780
Debt Securities, Held-to-maturity 8,747 8,565
Equity Securities, FV-NI 486 565
Loans held for sale (includes $523 and $613 respectively, measured at fair value) [1] 693 804
Loans and leases (includes $79 and $79 respectively, measured at fair value) [1] 75,079 74,900
Allowance for loan and lease losses (764) (772)
Net loans and leases 74,315 74,128
Bank owned life insurance 2,516 2,507
Premises and equipment 784 790
Goodwill 1,990 1,989
Other Intangible Assets, Net 513 535
Other assets 2,528 2,288
Total assets 108,203 108,781
Liabilities    
Deposits (includes $845 and $872 respectively, classified as held-for-sale) 82,155 84,774
Short-term borrowings 2,862 2,017
Long-term debt 9,400 8,625
Other liabilities 2,354 2,263
Total liabilities 96,771 97,679
Shareholders’ equity    
Preferred stock 1,203 1,203
Common stock 11 11
Capital surplus 9,167 9,181
Less treasury shares, at cost (45) (45)
Accumulated other comprehensive loss (455) (609)
Retained earnings 1,551 1,361
Total shareholders’ equity 11,432 11,102
Total liabilities and shareholders’ equity $ 108,203 $ 108,781
Common shares authorized (par value of $0.01) (in shares) 1,500,000,000 1,500,000,000
Common shares outstanding (in shares) 1,046,440,116 1,046,767,252
Treasury shares outstanding (in shares) 3,813,304 3,817,385
Preferred stock, authorized shares (in shares) 6,617,808 6,617,808
Preferred shares outstanding (in shares) 740,500 740,500
[1] Amounts represent loans for which Huntington has elected the fair value option.