Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)

v3.23.1
COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2023
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 Consolidated Financial Statements. The contract amounts of these financial agreements at March 31, 2023 and December 31, 2022, were as follows:
(dollar amounts in millions) At March 31, 2023 At December 31, 2022
Contract amount representing credit risk
Commitments to extend credit:
Commercial $ 32,634  $ 32,500 
Consumer 19,482  19,064 
Commercial real estate 3,199  3,393 
Standby letters of credit and guarantees on industrial revenue bonds 696  714 
Commercial letters of credit 51  15