Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 1,479,000 $ 1,319,000
Interest-bearing deposits at Federal Reserve Bank 11,776,000 5,276,000
Interest-bearing deposits in banks 671,000 117,000
Trading account securities 93,000 62,000
Available-for-sale securities 22,915,000 16,485,000
Held-to-maturity securities 11,415,000 8,861,000
Other securities 692,000 418,000
Loans held for sale (includes $1,141 and $1,198 respectively, measured at fair value)(1) [1] 1,391,000 1,275,000
Loans and leases (includes $131 and $94 respectively, measured at fair value)(1) [1] 111,905,000 81,608,000
Allowance for loan and lease losses (2,218,000) (1,814,000)
Net loans and leases 109,687,000 79,794,000
Bank owned life insurance 2,763,000 2,577,000
Premises and equipment 1,128,000 757,000
Goodwill 5,316,000 1,990,000
Servicing rights and other intangible assets 619,000 428,000
Other assets 5,227,000 3,679,000
Total assets 175,172,000 123,038,000
Liabilities    
Demand deposits—noninterest-bearing (includes $488 at June 30, 2021 classified as held-for-sale) 45,249,000 28,553,000
Interest-bearing (includes $439 at June 30, 2021 classified as held-for-sale) 97,556,000 70,395,000
Total deposits 142,805,000 98,948,000
Short-term borrowings 391,000 183,000
Long-term debt 7,342,000 8,352,000
Other liabilities 4,103,000 2,562,000
Total liabilities 154,641,000 110,045,000
Commitments and Contingent Liabilities (Note 16)
Shareholders’ equity    
Preferred stock 2,851,000 2,191,000
Common stock 15,000 10,000
Capital surplus 15,830,000 8,781,000
Less treasury shares, at cost (105,000) (59,000)
Accumulated other comprehensive (loss) gain (19,000) 192,000
Retained earnings 1,939,000 1,878,000
Total Huntington Bancshares Inc shareholders’ equity 20,511,000 12,993,000
Non-controlling interest 20,000 0
Total equity 20,531,000 12,993,000
Total liabilities and shareholders’ equity $ 175,172,000 $ 123,038,000
Common shares authorized (par value of $0.01) (in shares) 2,250,000,000 1,500,000,000
Common shares outstanding (in shares) 1,476,557,426 1,017,196,776
Treasury shares outstanding (in shares) 8,056,484 5,062,054
Preferred stock, authorized shares (in shares) 6,617,808 6,617,808
Preferred shares outstanding (in shares) 1,257,500 750,500
[1] Amounts represent loans for which Huntington has elected the fair value option. See Note 13 “Fair Values of Assets and Liabilities”.