Huntington Bancshares Incorporated Quarterly report pursuant to Section 13 or 15(d)

ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2023

Allowance for Credit Losses - Roll-forward

The following tables present ACL activity by portfolio segment for the three-month periods ended March 31, 2023 and 2022.


(dollar amounts in millions)	Commercial		Consumer		Total
Three-month period ended March 31, 2023:
ALLL balance, beginning of period	$	1,424	$	697	$	2,121

Loan and lease charge-offs	(52)		(47)		(99)
Recoveries of loans and leases previously charged-off	23		19		42
Provision for loan and lease losses	62		16		78


ALLL balance, end of period	$	1,457	$	685	$	2,142
AULC balance, beginning of period	$	71	$	79	$	150

Provision for unfunded lending commitments	4		3		7


AULC balance, end of period	$	75	$	82	$	157
ACL balance, end of period	$	1,532	$	767	$	2,299



(dollar amounts in millions)	Commercial		Consumer		Total
Three-month period ended March 31, 2022:
ALLL balance, beginning of period	$	1,462	$	568	$	2,030

Loan and lease charge-offs	(31)		(50)		(81)
Recoveries of loans and leases previously charged-off	40		22		62
Provision (benefit) for loan and lease losses	43		(36)		7


ALLL balance, end of period	$	1,514	$	504	$	2,018
AULC balance, beginning of period	$	41	$	36	$	77

Provision (benefit) for unfunded lending commitments	16		(2)		14


AULC balance, end of period	$	57	$	34	$	91
ACL balance, end of period	$	1,571	$	538	$	2,109