Equity (Tables)

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note [Abstract]

Schedule of Change in Preferred and Common Shares Issued and Common Shares Held as Treasury Shares

The following table shows the change in Preferred and Common Stock issued and common shares held as treasury shares for the three years ended December 31, 2012.



(shares in thousands)	Preferred Stock Issued	Common Stock Issued		Treasury Stock Held
Balance at December 31, 2009	968	495,514		5,686
Issuance (forfeitures) of non-vested stock, net	—	(9	)	—
Restricted share unit activity	—	44		—
Stock options exercised	—	1		—
Treasury shares purchased	—	—		7
Issuance of common stock	—	293,250		—
Settlement of prepaid common stock purchase contracts	—	2,156		—
Balance at December 31, 2010	968	790,956		5,693
Issuance (forfeitures) of non-vested stock, net	—	(1	)	—
Restricted share unit activity	—	19		—
Settlement of prepaid common stock purchase contracts	—	15		—
Balance at December 31, 2011	968	790,989		5,693
Restricted share unit activity	—	1,284		—
Balance at December 31, 2012	968	792,273		5,693

Schedule of Aggregate Values Assigned to Each Component of tMEDS Offering

The aggregate values assigned to each component of the tMEDS offering are as follows:



(in thousands, except per unit amounts)	Equity Component		Debt Component	tMEDS Total
Units issued⁽¹⁾	13,800		13,800	13,800
Unit price	$	19.901803	5.098197	25.00
Gross proceeds	274,645		70,355	345,000
Issuance costs	9,081		2,342	11,423
Net proceeds	$	265,564	68,013	333,577

Impact on Consolidated Balance Sheet:
Other assets (prepaid issuance costs)	$	—	2,342	2,342
Long-term debt	—		70,355	70,355
Additional paid-in capital	265,564		—	265,564


⁽¹⁾	There are two components of each tMEDS unit; therefore, there are 13.8 million units of the equity component, 13.8 million units of the debt component, and 13.8 million units of tMEDS, which includes both the debt and equity components.

Schedule of Weighted of the Volume Average Price of Common Stock



Applicable Market Value of Synovus Common Stock		Settlement Rate
Less than or equal to $2.75		9.0909
Between $2.75 and $3.30		Number of shares equal to $25, divided by the applicable market price
Greater than or equal to $3.30		7.5758

Schedule of Accumulated Other Comprehensive Income (Loss)

Activity within the balances in accumulated other comprehensive income (loss) is shown in the following table for the three years ended December 31, 2012.



(in thousands)	Unrealized gains (losses) on cash flow hedges			Unrealized gains (losses) on investment securities available for sale		Post-retirement unfunded health benefit		Accumulated other comprehensive income (loss)
2010
Beginning of year	$	19,242		67,084		(1,520	)	84,806
Period change, net of tax*	(20,450		)	(8,718	)	1,520		(27,648	)
Balance at December 31, 2010	(1,208		)	58,366		—		57,158
2011
Beginning of year	(1,208		)	58,366		—		57,158
Period change, net of tax*	(11,316		)	(24,749	)	—		(36,065	)
Balance at December 31, 2011	(12,524		)	33,617		—		21,093
2012
Beginning of year	(12,524		)	33,617		—		21,093
Period change, net of tax	(849		)	(16,506	)	363		(16,992	)
Balance at December 31, 2012	$	(13,373	)	17,111		363		4,101

^*In accordance with ASC 740-20-45-11(b), the deferred tax asset valuation allowance associated with unrealized gains and losses not recognized in income is charged directly to other comprehensive income (loss).