Common stock, par value (in usd per share)

[Table of](#ib75bcbc468d84ef69c01608c63d6bb19_10) [Content](#ib75bcbc468d84ef69c01608c63d6bb19_10)Item 1: Financial StatementsHuntington Bancshares IncorporatedCondensed Consolidated Balance Sheets(Unaudited) 

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|  | September 30, |  | December 31, |
| (dollar amounts in millions) | 2022 |  | 2021 |
| Assets |  |  |  |
| Cash and due from banks | $ | 1,685  |  |  | $ | 1,811  |  |
| Interest-bearing deposits at Federal Reserve Bank | 2,691  |  |  | 3,711  |  |
| Interest-bearing deposits in banks | 216  |  |  | 392  |  |
| Trading account securities | 32  |  |  | 46  |  |
| Available-for-sale securities | 23,306  |  |  | 28,460  |  |
| Held-to-maturity securities | 17,173  |  |  | 12,447  |  |
|  |  |  |  |
|  |  |  |  |
| Other securities | 818  |  |  | 648  |  |
| Loans held for sale (includes $758 and $1,270 respectively, measured at fair value)(1) | 893  |  |  | 1,676  |  |
| Loans and leases (includes $182 and $171 respectively, measured at fair value)(1) | 118,147  |  |  | 111,267  |  |
| Allowance for loan and lease losses | (2,110) |  |  | (2,030) |  |
| Net loans and leases | 116,037  |  |  | 109,237  |  |
| Bank owned life insurance | 2,768  |  |  | 2,765  |  |
| Accrued income and other receivables | 1,352  |  |  | 1,319  |  |
| Premises and equipment | 1,171  |  |  | 1,164  |  |
| Goodwill | 5,571  |  |  | 5,349  |  |
| Servicing rights and other intangible assets | 715  |  |  | 611  |  |
| Other assets | 4,974  |  |  | 4,428  |  |
| Total assets | $ | 179,402  |  |  | $ | 174,064  |  |
| Liabilities and shareholders’ equity |  |  |  |
| Liabilities |  |  |  |
| Deposits: |  |  |  |
| Demand deposits—noninterest-bearing | $ | 40,762  |  |  | $ | 43,236  |  |
| Interest-bearing | 105,551  |  |  | 100,027  |  |
| Total deposits | 146,313  |  |  | 143,263  |  |
| Short-term borrowings | 426  |  |  | 334  |  |
| Long-term debt | 10,168  |  |  | 7,108  |  |
| Other liabilities | 5,324  |  |  | 4,041  |  |
| Total liabilities | 162,231  |  |  | 154,746  |  |
| Commitments and Contingent Liabilities (Note 16) |  |  |  |
| Shareholders’ equity |  |  |  |
| Preferred stock | 2,167  |  |  | 2,167  |  |
| Common stock | 14  |  |  | 14  |  |
| Capital surplus | 15,282  |  |  | 15,222  |  |
| Less treasury shares, at cost | (80) |  |  | (79) |  |
| Accumulated other comprehensive income (loss) | (3,276) |  |  | (229) |  |
| Retained earnings | 3,029  |  |  | 2,202  |  |
| Total Huntington Bancshares Inc shareholders’ equity | 17,136  |  |  | 19,297  |  |
| Non-controlling interest | 35  |  |  | 21  |  |
| Total equity | 17,171  |  |  | 19,318  |  |
| Total liabilities and shareholders’ equity | $ | 179,402  |  |  | $ | 174,064  |  |
| Common shares authorized (par value of $0.01) | 2,250,000,000  |  |  | 2,250,000,000  |  |
|  |  |  |  |
| Common shares outstanding | 1,442,734,255  |  |  | 1,437,742,172  |  |
| Treasury shares outstanding | 6,341,958  |  |  | 6,298,288  |  |
| Preferred stock, authorized shares | 6,617,808  |  |  | 6,617,808  |  |
|  |  |  |  |
| Preferred shares outstanding | 557,500  |  |  | 557,500  |  |

(1)Amounts represent loans for which Huntington has elected the fair value option. See Note 13 “[Fair Values of Assets and Liabilities](#ib75bcbc468d84ef69c01608c63d6bb19_298)”. See Notes to Unaudited Condensed Consolidated Financial Statements 40 Huntington Bancshares Incorporated  

