Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)

v3.22.2.2
COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Contract amounts of various commitments to extend credit
In the ordinary course of business, Huntington makes various commitments to extend credit that are not reflected in the Unaudited Condensed Consolidated Financial Statements. The contract amounts of these financial agreements at September 30, 2022 and December 31, 2021, were as follows:
(dollar amounts in millions) September 30,
2022
December 31,
2021
Contract amount representing credit risk
Commitments to extend credit:
Commercial
$ 30,478  $ 27,933 
Consumer
19,283  18,513 
Commercial real estate 3,491  3,042 
Standby letters of credit and guarantees on industrial revenue bonds 733  694 
Commercial letters of credit
14  36