LOANS AND LEASES

v3.24.0.1

LOANS AND LEASES	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
LOANS AND LEASES	LOANS AND LEASES The following table provides a detailed listing of Huntington’s loan and lease portfolio. At December 31, (dollar amounts in millions) 2023 2022 Commercial loan and lease portfolio: Commercial and industrial $ 50,657  $ 48,121  Commercial real estate 12,422  13,640  Lease financing 5,228  5,252  Total commercial loan and lease portfolio 68,307  67,013  Consumer loan portfolio: Residential mortgage 23,720  22,226  Automobile 12,482  13,154  Home equity 10,113  10,375  RV and marine 5,899  5,376  Other consumer 1,461  1,379  Total consumer loan portfolio 53,675  52,510  Total loans and leases (1)(2) 121,982  119,523  Allowance for loan and lease losses (2,255) (2,121) Net loans and leases $ 119,727  $ 117,402  (1)Loans and leases are reported at principal amount outstanding including unamortized purchase premiums and discounts, unearned income, and net direct fees and costs associated with originating and acquiring loans and leases. The aggregate amount of these loan and lease adjustments was a net (discount) premium of $(323) million and $3 million at December 31, 2023 and 2022, respectively. (2)The total amount of accrued interest recorded for these loans and leases at December 31, 2023, was $333 million and $220 million of commercial and consumer loan and lease portfolios, respectively, and at December 31, 2022, was $274 million and $186 million of commercial and consumer loan and lease portfolios, respectively. Accrued interest is presented in accrued income and other receivables within the Condensed Consolidated Balance Sheets. Huntington revised its process for assessing and monitoring the risk and performance of non-real estate secured commercial loans, primarily loans to REITs, during the 2023 second quarter. These loans were reclassified from commercial real estate to the commercial and industrial loan category to align reporting with this process revision. All prior period results have been adjusted to conform to the current presentation. Lease Financing The following table presents net investments in lease financing receivables by category.   At December 31, (dollar amounts in millions) 2023 2022 Lease payments receivable $ 4,980  $ 4,916  Estimated residual value of leased assets 804  788  Gross investment in lease financing receivables 5,784  5,704  Deferred origination costs 54  46  Deferred fees, unearned income and other (610) (498) Total lease financing receivables $ 5,228  $ 5,252  The carrying value of residual values guaranteed was $478 million and $466 million as of December 31, 2023 and December 31, 2022, respectively. The future lease rental payments due from customers on sales-type and direct financing leases at December 31, 2023, totaled $5.0 billion and were due as follows: $810 million in 2024, $749 million in 2025, $704 million in 2026, $752 million in 2027, $766 million in 2028, and $1.2 billion thereafter. Interest income recognized for these types of leases was $287 million, $249 million, and $193 million for the years 2023, 2022, and 2021, respectively. Nonaccrual and Past Due Loans and Leases The following table presents NALs by class.  At December 31, 2023 At December 31, 2022 (dollar amounts in millions) Nonaccrual loans and leases with no ACL Total nonaccrual loans and leases Nonaccrual loans and leases with no ACL Total nonaccrual loans and leases Commercial and industrial $ 66  $ 344  $ 49  $ 288  Commercial real estate 64  140  63  92  Lease financing 3  14  —  18  Residential mortgage —  72  —  90  Automobile —  4  —  4  Home Equity —  91  —  76  RV and marine —  2  —  1  Total nonaccrual loans and leases $ 133  $ 667  $ 112  $ 569  The total amount of interest recorded to interest income for NAL loans was $21 million, $23 million, and $10 million in 2023, 2022, and 2021, respectively. The following tables present an aging analysis of loans and leases, by class. At December 31, 2023 Past Due (1)  Loans Accounted for Under FVO Total Loans and Leases 90 or more days past due and accruing (dollar amounts in millions) 30-59  Days 60-89  Days 90 or  more days Total Current Commercial and industrial $ 90  $ 48  $ 90  $ 228  $ 50,429  $ —  $ 50,657  $ 1  (2) Commercial real estate 28  20  32  80  12,342  —  12,422  —  Lease financing 35  15  9  59  5,169  —  5,228  4  Residential mortgage 205  88  193  486  23,060  174  23,720  146  (3) Automobile 89  23  12  124  12,358  —  12,482  9  Home equity 66  32  83  181  9,932  —  10,113  22  RV and marine 17  5  4  26  5,873  —  5,899  3  Other consumer 13  4  4  21  1,440  —  1,461  4  Total loans and leases $ 543  $ 235  $ 427  $ 1,205  $ 120,603  $ 174  $ 121,982  $ 189  At December 31, 2022 Past Due (1) Loans Accounted for Under FVO Total Loans and Leases 90 or more days past due and accruing (dollar amounts in millions) 30-59  Days 60-89  Days 90 or more days Total Current Commercial and industrial $ 53  $ 19  $ 108  $ 180  $ 47,941  $ —  $ 48,121  $ 23  (2) Commercial real estate 2  1  9  12  13,628  —  13,640  —  Lease financing 36  18  10  64  5,188  —  5,252  9  Residential mortgage 246  69  199  514  21,528  184  22,226  146  (3) Automobile 88  20  11  119  13,035  —  13,154  9  Home equity 56  30  66  152  10,222  1  10,375  15  RV and marine 15  5  3  23  5,353  —  5,376  3  Other consumer 13  3  3  19  1,360  —  1,379  2  Total loans and leases $ 509  $ 165  $ 409  $ 1,083  $ 118,255  $ 185  $ 119,523  $ 207  (1)NALs are included in this aging analysis based on the loan’s past due status. (2)Amounts include SBA loans and leases. (3)Amounts include mortgage loans insured by U.S. government agencies. Credit Quality Indicators To facilitate the monitoring of credit quality for commercial loans, and for purposes of determining an appropriate ACL level for these loans, Huntington utilizes the following internally defined categories of credit grades: •Pass - Higher quality loans that do not fit any of the other categories described below. •OLEM - The credit risk may be relatively minor yet represents a risk given certain specific circumstances. If the potential weaknesses are not monitored or mitigated, the loan may weaken or the collateral may be inadequate to protect Huntington’s position in the future. For these reasons, Huntington considers the loans to be potential problem loans. •Substandard - Inadequately protected loans resulting from the borrower’s ability to repay, equity, and/or the collateral pledged to secure the loan. These loans have identified weaknesses that could hinder normal repayment or collection of the debt. It is likely Huntington will sustain some loss if any identified weaknesses are not mitigated. •Doubtful - Loans that have all of the weaknesses inherent in those loans classified as Substandard, with the added elements of the full collection of the loan is improbable and that the possibility of loss is high. Loans are generally assigned a category of “Pass” rating upon initial approval and subsequently updated as appropriate based on the borrower’s financial performance. Commercial loans categorized as OLEM, Substandard, or Doubtful are considered Criticized loans. Commercial loans categorized as Substandard or Doubtful are both considered Classified loans. For all classes within the consumer loan portfolios, borrower credit bureau scores are monitored as an indicator of credit quality. A credit bureau score is a credit score developed by FICO based on data provided by the credit bureaus. The credit bureau score is widely accepted as the standard measure of consumer credit risk used by lenders, regulators, rating agencies, and consumers. The higher the credit bureau score, the higher likelihood of repayment and therefore, an indicator of higher credit quality. Huntington assesses the risk in the loan portfolio by utilizing numerous risk characteristics. The classifications described above, and also presented in the table below, represent one of those characteristics that are closely monitored in the overall credit risk management processes. The following tables present the amortized cost basis of loans and leases by vintage and credit quality indicator. At December 31, 2023 Term Loans Amortized Cost Basis by Origination Year Revolver Total at Amortized Cost Basis Revolver Total Converted to Term Loans (dollar amounts in millions) 2023 2022 2021 2020 2019 Prior Total Commercial and industrial Credit Quality Indicator (1): Pass $ 14,677  $ 9,889  $ 3,673  $ 2,151  $ 1,187  $ 1,431  $ 14,563  $ 3  $ 47,574  OLEM 213  239  64  20  12  20  462  —  1,030  Substandard 393  305  188  150  83  184  750  —  2,053  Total Commercial and industrial $ 15,283  $ 10,433  $ 3,925  $ 2,321  $ 1,282  $ 1,635  $ 15,775  $ 3  $ 50,657  Commercial real estate Credit Quality Indicator (1): Pass $ 1,395  $ 3,253  $ 1,774  $ 1,063  $ 1,152  $ 1,288  $ 585  $ —  $ 10,510  OLEM 163  406  112  65  32  54  60  —  892  Substandard 164  404  176  10  137  114  15  —  1,020  Total Commercial real estate $ 1,722  $ 4,063  $ 2,062  $ 1,138  $ 1,321  $ 1,456  $ 660  $ —  $ 12,422  Lease financing Credit Quality Indicator (1): Pass $ 1,973  $ 1,284  $ 828  $ 583  $ 243  $ 106  $ —  $ —  $ 5,017  OLEM 16  22  6  5  2  9  —  —  60  Substandard 20  66  31  16  13  5  —  —  151  Total Lease financing $ 2,009  $ 1,372  $ 865  $ 604  $ 258  $ 120  $ —  $ —  $ 5,228  Residential mortgage Credit Quality Indicator (2): 750+ $ 2,077  $ 3,963  $ 6,028  $ 3,292  $ 749  $ 2,191  $ —  $ —  $ 18,300  650-749 950  1,024  964  510  186  775  —  —  4,409  <650 24  79  82  64  85  503  —  —  837  Total Residential mortgage $ 3,051  $ 5,066  $ 7,074  $ 3,866  $ 1,020  $ 3,469  $ —  $ —  $ 23,546  Automobile Credit Quality Indicator (2): 750+ $ 2,624  $ 1,964  $ 1,525  $ 740  $ 367  $ 85  $ —  $ —  $ 7,305  650-749 1,438  1,305  907  370  168  53  —  —  4,241  <650 170  281  266  118  64  37  —  —  936  Total Automobile $ 4,232  $ 3,550  $ 2,698  $ 1,228  $ 599  $ 175  $ —  $ —  $ 12,482  Home Equity Credit Quality Indicator (2): 750+ $ 381  $ 429  $ 512  $ 534  $ 17  $ 244  $ 4,454  $ 233  $ 6,804  650-749 136  100  65  57  7  101  2,083  230  2,779  <650 2  6  3  3  2  43  344  127  530  Total Home equity $ 519  $ 535  $ 580  $ 594  $ 26  $ 388  $ 6,881  $ 590  $ 10,113  RV and marine Credit Quality Indicator (2): 750+ $ 1,206  $ 971  $ 867  $ 588  $ 295  $ 612  $ —  $ —  $ 4,539  650-749 289  248  252  158  91  210  —  —  1,248  <650 4  12  21  18  14  43  —  —  112  Total RV and marine $ 1,499  $ 1,231  $ 1,140  $ 764  $ 400  $ 865  $ —  $ —  $ 5,899  Other consumer Credit Quality Indicator (2): 750+ $ 186  $ 80  $ 39  $ 19  $ 17  $ 48  $ 424  $ 3  $ 816  650-749 98  43  17  6  5  12  383  13  577  <650 4  5  3  1  1  1  39  14  68  Total Other consumer $ 288  $ 128  $ 59  $ 26  $ 23  $ 61  $ 846  $ 30  $ 1,461  At December 31, 2022 Term Loans Amortized Cost Basis by Origination Year Revolver Total at Amortized Cost Basis Revolver Total Converted to Term Loans (dollar amounts in millions) 2022 2021 2020 2019 2018 Prior Total Commercial and industrial Credit Quality Indicator (1): Pass $ 18,092  $ 6,742  $ 3,332  $ 2,107  $ 1,156  $ 1,186  $ 13,060  $ 3  $ 45,678  OLEM 108  139  72  21  49  26  113  —  528  Substandard 368  183  203  212  142  256  550  —  1,914  Doubtful —  —  —  —  —  1  —  —  1  Total Commercial and industrial $ 18,568  $ 7,064  $ 3,607  $ 2,340  $ 1,347  $ 1,469  $ 13,723  $ 3  $ 48,121  Commercial real estate Credit Quality Indicator (1): Pass $ 4,022  $ 3,115  $ 1,562  $ 1,662  $ 829  $ 1,020  $ 519  $ —  $ 12,729  OLEM 61  53  1  43  6  9  —  —  173  Substandard 231  116  92  74  84  140  1  —  738  Total Commercial real estate $ 4,314  $ 3,284  $ 1,655  $ 1,779  $ 919  $ 1,169  $ 520  $ —  $ 13,640  Lease financing Credit Quality Indicator (1): Pass $ 1,930  $ 1,291  $ 952  $ 447  $ 186  $ 143  $ —  $ —  $ 4,949  OLEM 32  9  15  18  6  3  —  —  83  Substandard 65  37  74  24  9  11  —  —  220  Total Lease financing $ 2,027  $ 1,337  $ 1,041  $ 489  $ 201  $ 157  $ —  $ —  $ 5,252  Residential mortgage Credit Quality Indicator (2): 750+ $ 3,666  $ 6,274  $ 3,566  $ 846  $ 469  $ 2,070  $ —  $ —  $ 16,891  650-749 1,394  1,172  617  211  137  777  —  —  4,308  <650 49  68  61  95  90  480  —  —  843  Total Residential mortgage $ 5,109  $ 7,514  $ 4,244  $ 1,152  $ 696  $ 3,327  $ —  $ —  $ 22,042  Automobile Credit Quality Indicator (2): 750+ $ 2,770  $ 2,212  $ 1,243  $ 777  $ 289  $ 98  $ —  $ —  $ 7,389  650-749 1,944  1,508  683  367  162  52  —  —  4,716  <650 307  352  173  115  67  35  —  —  1,049  Total Automobile $ 5,021  $ 4,072  $ 2,099  $ 1,259  $ 518  $ 185  $ —  $ —  $ 13,154  Home equity Credit Quality Indicator (2): 750+ $ 463  $ 573  $ 611  $ 23  $ 20  $ 301  $ 4,787  $ 252  $ 7,030  650-749 131  88  68  9  8  122  2,129  261  2,816  <650 3  3  3  2  2  51  335  129  528  Total Home equity $ 597  $ 664  $ 682  $ 34  $ 30  $ 474  $ 7,251  $ 642  $ 10,374  RV and marine Credit Quality Indicator (2): 750+ $ 1,148  $ 1,031  $ 731  $ 361  $ 354  $ 438  $ —  $ —  $ 4,063  650-749 290  315  200  118  113  169  —  —  1,205  <650 5  18  15  17  17  36  —  —  108  Total RV and marine $ 1,443  $ 1,364  $ 946  $ 496  $ 484  $ 643  $ —  $ —  $ 5,376  Other consumer Credit Quality Indicator (2): 750+ $ 207  $ 64  $ 35  $ 34  $ 13  $ 52  $ 393  $ 3  $ 801  650-749 71  30  12  15  4  14  355  16  517  <650 3  3  2  3  1  2  33  14  61  Total Other consumer $ 281  $ 97  $ 49  $ 52  $ 18  $ 68  $ 781  $ 33  $ 1,379  (1)Consistent with the credit quality disclosures, indicators for the Commercial portfolio are based on internally defined categories of credit grades. (2)Consistent with the credit quality disclosures, indicators for the Consumer portfolio are based on updated customer credit scores refreshed at least quarterly. The following tables present the gross charge-offs of loans and leases by vintage. Year Ended December 31, 2023 Term Loans Gross Charge-offs by Origination Year Revolver Gross Charge-offs Revolver Converted to Term Loans Gross Charge-offs (dollar amounts in millions) 2023 2022 2021 2020 2019 Prior Total Commercial and industrial $ 9  $ 47  $ 48  $ 14  $ 33  $ 13  $ 11  $ 2  $ 177  Commercial real estate 8  9  31  —  26  4  7  —  85  Lease Financing —  4  2  1  1  —  —  —  8  Residential mortgage —  —  1  —  —  4  —  —  5  Automobile 3  16  16  7  5  3  —  —  50  Home equity —  —  —  —  —  1  2  6  9  RV and marine —  2  4  3  3  7  —  —  19  Other consumer 14  23  13  5  5  12  —  29  101  Total $ 34  $ 101  $ 115  $ 30  $ 73  $ 44  $ 20  $ 37  $ 454  Modifications to Debtors Experiencing Financial Difficulty Effective January 1, 2023, Huntington adopted ASU 2022-02- Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. For additional information on the adoption, refer to both Note 1 - “Significant Accounting Policies” and Note 2 - “Accounting Standards Update.” Huntington will modify the contractual terms of loans to a borrower experiencing financial difficulties as a way to mitigate loss, proactively work with borrowers in financial difficulty, or to comply with regulations regarding the treatment of certain bankruptcy filing and discharge situations. A debtor is considered to be experiencing financial difficulty when there is significant doubt about the debtor’s ability to make required payments on the debt or to get equivalent financing from another creditor at a market rate for similar debt. A loan placed on nonaccrual because the borrower is experiencing financial difficulty may be returned to accrual status when all contractually due interest and principal has been paid and the borrower demonstrates the financial capacity to continue to pay as agreed, with the risk of loss diminished. Reported Modification Types Modifications in the form of principal forgiveness, an interest rate reduction, an other than insignificant payment delay or a term extension that have occurred in the current reporting period to a borrower experiencing financial difficulty are disclosed along with the financial impact of the modifications. Huntington will generally try other forms of relief before principal forgiveness but would define any contractual reduction in the amount of principal due without receiving payment or assets as forgiveness. For the purpose of the disclosure Huntington considers any contractual change in interest rate that results in the borrower receiving a below market rate to be an interest rate reduction. Many factors can go into what is considered an other than insignificant payment delay, for example, the significance of the restructured payment amount relative to the normal loan payment or the relative significance of the delay to the original loan terms. Generally, Huntington would consider any delay in payment of greater than 90 days in the last 12 months to be significant. For the purpose of the disclosure modification of contingent payment features or covenants that would have accelerated payment are not considered term extensions. Following is a description of what is considered a borrower experiencing financial difficulty by the different loan types: Commercial loan modifications – Our strategy involving commercial borrowers generally includes working with these borrowers to allow them time to improve their financial position and remain a Huntington customer through restructuring their notes or to restructure elsewhere if necessary. Borrowers that are rated substandard or worse in accordance with the regulatory definition, or that cannot otherwise restructure at market terms and conditions, are considered to be experiencing financial difficulty. A subsequent restructuring or modification of a loan may occur when either the loan matures according to the terms of the modified agreement, or the borrower requests a change to the loan agreements. It is subjected to the normal underwriting standards and processes for other similar credit extensions, both new and existing. The restructured note is evaluated to determine if it is considered a new loan or a continuation of the prior loan.  Consumer loan modifications – Consumer loans in which a borrower requires a modification as a result of negative changes to their financial condition or to avoid default, generally indicate the borrower is experiencing financial difficulty. The primary modifications made to consumer loans are amortization, maturity date and interest rate changes. Consumer borrowers identified as experiencing financial difficulty are unable to refinance their loans through the Company’s normal origination channels or through other independent sources. Most, but not all, of the loans may be delinquent. The Company’s primary loan categories that receive modifications are residential mortgage, automobile, home equity, RV and marine, and other consumer loans. Impact on Credit Quality of Borrowers Experiencing Financial Difficulty Huntington’s ALLL is influenced by loan level characteristics that inform the assessed propensity to default. As such, the provision for credit losses is impacted primarily by changes in such loan level characteristics, such as payment performance. Commercial borrowers experiencing financial difficulty are risk rated to reflect the increase in default characteristics so that that the ALLL reflects the future risk of loss. Borrowers experiencing financial difficulty can be classified as either accrual or nonaccrual loans. The following table summarizes the amortized cost basis of loans modified during the reporting period to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of modification. Year Ended December 31, 2023 Amortized Cost (dollar amounts in millions) Interest rate reduction Term extension Payment deferral Combo - interest rate reduction and term extension Total % of total loan class (1) Commercial and industrial $ 64  $ 387  $ —  $ 4  $ 455  0.90  % Commercial real estate 2  151  —  4  157  1.26  Residential mortgage —  58  2  4  64  0.27  Automobile —  14  —  1  15  0.12  Home equity —  2  —  10  12  0.12  RV and marine —  1  —  —  1  0.02  Other consumer 1  —  —  —  1  0.07  Total loans to borrowers experiencing financial difficulty in which modifications were made $ 67  $ 613  $ 2  $ 23  $ 705  0.58  % (1)Represents the amortized cost of loans modified during the reporting period as a percentage of the period-end loan balance by class. The following table describes the financial effect of the modification made to borrowers experiencing financial difficulty. Year Ended December 31, 2023 Interest Rate Reduction (1) Term Extension (1) Weighted-average contractual interest rate Weighted-average years added to the life From To Commercial and industrial 8.62  % 8.05  % 1.0 Commercial real estate 13.42  8.75  1.0 Residential mortgage 6.32  4.64  7.7 Automobile 6.60  6.26  1.9 Home equity 8.88  6.15  14.6 (1)Certain disclosures related to financial effects of modifications do not include deemed to be immaterial. The performance of loans made to borrowers experiencing financial difficulty in which modifications were made is closely monitored to understand the effectiveness of modification efforts. Loans are considered to be in payment default at 90 or more days past due. The following table depicts the performance of loans that have been modified during the reporting period. At December 31, 2023 Past Due (dollar amounts in millions) 30-59  Days 60-89  Days 90 or  more days Total Current Total Commercial and industrial $ 21  $ 25  $ 7  $ 53  $ 402  $ 455  Commercial real estate —  —  5  5  152  157  Residential mortgage 9  8  11  28  36  64  Automobile 2  1  —  3  12  15  Home equity 1  1  1  3  9  12  RV and marine —  —  —  —  1  1  Other consumer —  —  —  —  1  1  Total loans to borrowers experiencing financial difficulty in which modifications were made in the twelve months ended December 31, 2023 $ 33  $ 35  $ 24  $ 92  $ 613  $ 705  TDR Loans TDR Concession Types The following provides additional disclosures previously required by ASC Subtopic 310-40, Receivables—Troubled Debt Restructurings by Creditors, related to the year ended December 31, 2022. The Company’s standards relating to loan modifications consider, among other factors, minimum verified income requirements, cash flow analyses, and collateral valuations. Each potential loan modification is reviewed individually and the terms of the loan are modified to meet a borrower’s specific circumstances at a point in time. All commercial TDRs are reviewed and approved by our FRG. Following is a description of TDRs by the different loan types: Commercial loan TDRs – Our strategy involving commercial TDR borrowers includes working with these borrowers to allow them to refinance elsewhere, as well as allow them time to improve their financial position and remain a Huntington customer through refinancing their notes according to market terms and conditions in the future. A subsequent refinancing or modification of a loan may occur when either the loan matures according to the terms of the TDR-modified agreement, or the borrower requests a change to the loan agreements. At that time, the loan is evaluated to determine if the borrower is creditworthy. It is subjected to the normal underwriting standards and processes for other similar credit extensions, both new and existing. The refinanced note is evaluated to determine if it is considered a new loan or a continuation of the prior loan.  Consumer loan TDRs – Residential mortgage TDRs represent loan modifications associated with traditional first-lien mortgage loans in which a concession has been provided to the borrower. The primary concessions given to residential mortgage borrowers are amortization, maturity date, and interest rate concessions. Residential mortgages identified as TDRs involve borrowers unable to refinance their mortgages through the Company’s normal mortgage origination channels or through other independent sources. Some, but not all, of the loans may be delinquent. The Company may make similar interest rate, term, and principal concessions for Automobile, Home Equity, RV and Marine, and Other Consumer loan TDRs. TDR Impact on Credit Quality Huntington’s ALLL is influenced by loan level characteristics that inform the assessed propensity to default. As such, the provision for credit losses is impacted primarily by changes in such loan level characteristics, such as payment performance, rather than the TDR classification. TDRs can be classified as either accrual or nonaccrual loans. Nonaccrual TDRs are included in NALs whereas accruing TDRs are excluded from NALs as it is probable that all contractual principal and interest due under the restructured terms will be collected. The Company’s TDRs may include multiple concessions and the disclosure classifications are presented based on the primary concession provided to the borrower. The following table presents, by class and modification type, the number of contracts, post-modification outstanding balance, and the financial effects of the modification. At December 31, 2022 New Troubled Debt Restructurings (1) Number of Contracts Post-modification Outstanding Recorded Investment (2) (dollar amounts in millions) Interest rate concession Amortization or maturity date concession Chapter 7 bankruptcy Other Total Commercial and industrial 313  $ 92  $ 62  $ —  $ 15  $ 169  Commercial real estate 26  62  27  —  —  89  Residential mortgage 806  —  109  5  —  114  Automobile 2,368  —  17  3  —  20  Home equity 228  —  8  4  —  12  RV and marine 137  —  2  1  —  3  Other consumer 127  —  —  —  1  1  Total new TDRs 4,005  $ 154  $ 225  $ 13  $ 16  $ 408  (1)TDRs may include multiple concessions and the disclosure classifications are based on the primary concession provided to the borrower. (2)Post-modification balances approximate pre-modification balances. Pledged Loans and Leases The Bank has access to secured borrowings from the Federal Reserve’s discount window and advances from the FHLB. As of December 31, 2023 and 2022, loans and leases totaling $101.8 billion and $70.9 billion, respectively, were pledged to the Federal Reserve and FHLB for access to these contingent funding sources.