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LOANS / LEASES (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Loan and Lease Portfolio
The following table provides a detailed listing of Huntington’s loan and lease portfolio at September 30, 2020 and December 31, 2019.
(dollar amounts in millions)September 30, 2020December 31, 2019
Loans and leases:
Commercial and industrial
$34,895 $30,664 
Commercial real estate
7,209 6,674 
Automobile
12,925 12,797 
Home equity
8,904 9,093 
Residential mortgage
12,031 11,376 
RV and marine
4,146 3,563 
Other consumer
1,046 1,237 
Loans and leases$81,156 $75,404 
Allowance for loan and lease losses(1,796)(783)
Net loans and leases$79,360 $74,621 
Direct Financing Lease, Lease Income
The following table presents net investments in lease financing receivables by category at September 30, 2020 and December 31, 2019.
(dollar amounts in millions)September 30,
2020		December 31,
2019
Commercial and industrial:
Lease payments receivable$1,751 $1,841 
Estimated residual value of leased assets687 728 
Gross investment in commercial and industrial lease financing receivables2,438 2,569 
Deferred origination costs21 19 
Deferred fees(203)(249)
Total net investment in commercial and industrial lease financing receivables$2,256 $2,339 
NALs and Past Due Loans
The following table presents NALs by loan class at September 30, 2020 and December 31, 2019 (1):
September 30, 2020December 31, 2019
(dollar amounts in millions)Nonaccrual loans with no ACLTotal nonaccrual loansNonaccrual loans with no ACLTotal nonaccrual loans
Commercial and industrial$65 $388 $109 $323 
Commercial real estate9 16 2 10 
Automobile— 5 — 4 
Home equity— 71 — 59 
Residential mortgage— 88 — 71 
RV and marine— 1 — 1 
Other consumer— — — — 
Total nonaccrual loans$74 $569 $111 $468 
Aging analysis of loans and leases
The following table presents an aging analysis of loans and leases, including past due loans and leases, by loan class at September 30, 2020 and December 31, 2019:
September 30, 2020
Past Due (1)(2) Loans Accounted for Under FVOTotal 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		TotalCurrent
Commercial and industrial$54 $21 $113 $188 $34,707 $— $34,895 $10 
(3)
Commercial real estate6 3 12 21 7,188 — 7,209 — 
Automobile61 20 12 93 12,832 — 12,925 8 
Home equity23 11 58 92 8,811 1 8,904 11 
Residential mortgage104 32 202 338 11,602 91 12,031 142 (4)
RV and marine11 3 3 17 4,129 — 4,146 2 
Other consumer8 3 2 13 1,033 — 1,046 2 
Total loans and leases$267 $93 $402 $762 $80,302 $92 $81,156 $175 
December 31, 2019
Past Due (1) Loans Accounted for Under FVOTotal 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		TotalCurrent
Commercial and industrial$65 $31 $69 $165 $30,499 $— $30,664 $11 
(3)
Commercial real estate3 1 7 11 6,663 — 6,674 — 
Automobile95 19 11 125 12,672 — 12,797 8 
Home equity50 19 51 120 8,972 1 9,093 14 
Residential mortgage103 49 170 322 10,974 80 11,376 129 (4)
RV and marine13 4 2 19 3,544 — 3,563 2 
Other consumer13 6 7 26 1,211 — 1,237 7 
Total loans and leases$342 $129 $317 $788 $74,535 $81 $75,404 $171 
(1)NALs are included in this aging analysis based on the loan’s past due status.
(2)At September 30, 2020, the principal balance of loans in payment deferral programs offered in response to the COVID-19 pandemic which are performing according to their modified terms are generally not considered delinquent.
(3)Amounts include Huntington Technology Finance administrative lease delinquencies.
(4)Amounts include mortgage loans insured by U.S. government ag
Loan and lease balances by credit quality indicator
The following table presents each loan and lease class by vintage and credit quality indicator at September 30, 2020:
As of September 30, 2020
Term Loans Amortized Cost Basis by Origination YearRevolver Total at Amortized Cost BasisRevolver Total Converted to Term Loans
(dollar amounts in millions)20202019201820172016PriorTotal (3)
Commercial and industrial
Credit Quality Indicator (1):
Pass$12,017 $5,057 $3,019 $1,621 $1,106 $1,084 $8,408 $2 $32,314 
OLEM362 134 120 35 42 22 212 — 927 
Substandard296 171 167 215 90 182 525 — 1,646 
Doubtful2 — 5 — — 1 — — 8 
Total Commercial and industrial$12,677 $5,362 $3,311 $1,871 $1,238 $1,289 $9,145 $2 $34,895 
Commercial real estate
Credit Quality Indicator (1):
Pass$1,366 $1,629 $1,203 $566 $601 $635 $675 $— $6,675 
OLEM61 74 73 56 20 23 1 — 308 
Substandard21 48 13 40 44 20 38 — 224 
Doubtful— — — — — 2 — — 2 
Total Commercial real estate$1,448 $1,751 $1,289 $662 $665 $680 $714 $— $7,209 
Automobile
Credit Quality Indicator (2):
750+$2,145 $2,185 $1,293 $880 $406 $126 $— $— $7,035 
650-7491,528 1,546 878 465 224 78 — — 4,719 
<650224 334 274 183 104 52 — — 1,171 
Total Automobile$3,897 $4,065 $2,445 $1,528 $734 $256 $— $— $12,925 
Home equity
Credit Quality Indicator (2):
750+$502 $29 $31 $36 $97 $498 $4,493 $192 $5,878 
650-74996 12 8 12 31 181 2,006 186 2,532 
<650— 1 1 1 7 76 304 103 493 
Total Home equity$598 $42 $40 $49 $135 $755 $6,803 $481 $8,903 
Residential mortgage
Credit Quality Indicator (2):
750+$2,416 $1,545 $1,060 $1,229 $862 $1,429 $— $— $8,541 
650-749758 516 363 313 194 526 — — 2,670 
<65025 74 101 102 73 354 — — 729 
Total Residential mortgage$3,199 $2,135 $1,524 $1,644 $1,129 $2,309 $— $— $11,940 
RV and marine
Credit Quality Indicator (2):
750+$988 $557 $629 $360 $163 $270 $— $— $2,967 
650-749264 231 217 147 69 141 — — 1,069 
<6504 15 23 23 12 33 — — 110 
Total RV and marine$1,256 $803 $869 $530 $244 $444 $— $— $4,146 
Other consumer
Credit Quality Indicator (2):
750+$71 $64 $28 $8 $4 $10 $324 $2 $511 
650-74929 64 21 7 2 5 300 31 459 
<6501 9 3 1 1 2 28 31 76 
Total Other consumer$101 $137 $52 $16 $7 $17 $652 $64 $1,046 
(1)Consistent with the credit quality disclosures, indicators for the Commercial portfolio are based on internally defined categories of credit grades which are generally refreshed at least semi-annually.
(2)Consistent with the credit quality disclosures, indicators for the Consumer portfolio are based on updated customer credit scores refreshed at least quarterly.
(3)The total amount of accrued interest recorded for these loans at September 30, 2020, presented in other assets within the Condensed Consolidated Balance Sheets, was $132 million and $125 million of commercial and consumer, respectively.
The following table presents each loan and lease class by credit quality indicator at December 31, 2019.
December 31, 2019
(dollar amounts in millions)Credit Risk Profile by UCS Classification
CommercialPassOLEMSubstandardDoubtfulTotal
Commercial and industrial$28,477 $634 $1,551 $2 $30,664 
Commercial real estate6,487 98 88 1 6,674 
Credit Risk Profile by FICO Score (1), (2)
Consumer750+650-749<650Total
Automobile$6,759 $4,661 $1,377 $12,797 
Home equity5,763 2,772 557 9,092 
Residential mortgage7,976 2,742 578 11,296 
RV and marine2,391 1,053 119 3,563 
Other consumer546 571 120 1,237 
(1)Excludes loans accounted for under the fair value option.
(2)Reflects updated customer credit scores.
Detailed troubled debt restructuring information by class
The following table presents, by class and modification type, the number of contracts, post-modification outstanding balance, and the financial effects of the modification for the three-month and nine-month periods ended September 30, 2020 and 2019.
New Troubled Debt Restructurings (1)
Three Months Ended September 30, 2020
Number of
Contracts		Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial39 $— $28 $— $— $28 
Commercial real estate2 — — — — — 
Automobile726 — 5 2 — 7 
Home equity90 — 2 3 1 6 
Residential mortgage242 — 40 2 — 42 
RV and marine30 — 1 — — 1 
Other consumer122 1 — — — 1 
Total new TDRs1,251 $1 $76 $7 $1 $85 
Three Months Ended September 30, 2019
Number of
Contracts		Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial119 $— $39 $— $— $39 
Commercial real estate7 — 1 — — 1 
Automobile833 — 5 2 — 7 
Home equity76 — 2 3 — 5 
Residential mortgage69 — 9 — — 9 
RV and marine46 — 1 — — 1 
Other consumer385 2 — — — 2 
Total new TDRs1,535 $2 $57 $5 $— $64 
New Troubled Debt Restructurings (1)
Nine Months Ended September 30, 2020
Number of
Contracts		Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial277 $— $116 $— $58 $174 
Commercial real estate11 — 3 — — 3 
Automobile2,582 — 26 5 — 31 
Home equity216 — 5 6 2 13 
Residential mortgage448 — 62 5 — 67 
RV and marine finance126 — 4 — — 4 
Other consumer513 3 — — — 3 
Total new TDRs4,173 $3 $216 $16 $60 $295 
Nine Months Ended September 30, 2019
Number of
Contracts		Post-modification Outstanding Recorded Investment (2)
(dollar amounts in millions)Interest rate reductionAmortization or maturity date changeChapter 7 bankruptcyOtherTotal
Commercial and industrial335 $— $114 $— $— $114 
Commercial real estate21 — 12 — — 12 
Automobile2,227 — 14 6 — 20 
Home equity248 — 7 6 — 13 
Residential mortgage241 — 27 1 — 28 
RV and marine finance113 — 1 1 — 2 
Other consumer972 6 — — — 6 
Total new TDRs4,157 $6 $175 $14 $— $195 
(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.