10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________

FORM 10-Q

______________________________

Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2015

Commission file number 1-10312

______________________________

SYNOVUS FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

______________________________

Georgia	58-1134883
(State or other jurisdiction ofincorporation or organization)	(I.R.S. EmployerIdentification No.)

1111 Bay Avenue Suite 500, Columbus, Georgia	31901
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (706) 649-2311

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Name of each exchange on which registered
Common Stock, $1.00 Par Value Series B Participating Cumulative Preferred Stock Purchase Rights Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C	New York Stock Exchange New York Stock Exchange New York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: NONE

______________________________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    YES x  NO ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   YES x  NO ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One):

Large accelerated filer	x	Accelerated filer	¨
Non-accelerated filer	¨ (Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES ¨    NO x

Indicate the number of shares outstanding of each of the issuer’s class of common stock, as of the latest practicable date.

Class	April 30, 2015
Common Stock, $1.00 Par Value	133,203,469

Table of Contents

			Page
Part I.	Financial Information
		Index of Defined Terms	i
	Item 1.	Financial Statements (Unaudited)
		Consolidated Balance Sheets as of March 31, 2015 and December 31, 2014	1
		Consolidated Statements of Income for the Three Months Ended March 31, 2015 and 2014	2
		Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2015 and 2014	3
		Consolidated Statements of Changes in Shareholders' Equity for the Three Months Ended March 31, 2015 and 2014	4
		Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2015 and 2014	5
		Notes to Unaudited Interim Consolidated Financial Statements	7
	Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	40
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	70
	Item 4.	Controls and Procedures	70
Part II.	Other Information
	Item 1.	Legal Proceedings	71
	Item 1A.	Risk Factors	71
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	71
	Item 3.	Defaults Upon Senior Securities	72
	Item 4.	Mine Safety Disclosures	72
	Item 5.	Other Information	72
	Item 6.	Exhibits	73
	Signatures		75

SYNOVUS FINANCIAL CORP.

INDEX OF DEFINED TERMS

ALCO – Synovus' Asset Liability Management Committee

Annual Meeting - Synovus' 2014 Annual Shareholders' Meeting

ASC – Accounting Standards Codification

ASR – accelerated share repurchase

ASU – Accounting Standards Update

Basel III – a global regulatory framework developed by the Basel Committee on Banking Supervision

BOV – broker’s opinion of value

bp – basis point (bps - basis points)

C&I – commercial and industrial loans

CB&T – Columbus Bank and Trust Company, a division of Synovus Bank. Synovus Bank is a wholly-owned subsidiary of Synovus Financial Corp.

CCC – central clearing counterparty

CET1 – Common Equity Tier 1 Capital defined by Basel III capital rules

CMO – Collateralized Mortgage Obligation

Company – Synovus Financial Corp. and its wholly-owned subsidiaries, except where the context requires otherwise

Covered Litigation – Certain Visa litigation for which Visa is indemnified by Visa USA members

CRE – Commercial Real Estate

Dodd-Frank Act – The Dodd-Frank Wall Street Reform and Consumer Protection Act

DRR – dual risk rating

Exchange Act – Securities Exchange Act of 1934, as amended

FASB – Financial Accounting Standards Board

FDIC – Federal Deposit Insurance Corporation

Federal Reserve Bank – The 12 banks that are the operating arms of the U.S. central bank. They implement the policies of the Federal Reserve Board and also conduct economic research.

Federal Reserve Board – The 7-member Board of Governors that oversees the Federal Reserve System establishes monetary policy (interest rates, credit, etc.) and monitors the economic health of the country. Its members are appointed by the President, subject to Senate confirmation, and serve 14-year terms.

Federal Reserve System – The 12 Federal Reserve Banks, with each one serving member banks in its own district. This system, supervised by the Federal Reserve Board, has broad regulatory powers over the money supply and the credit structure.

FFIEC – Federal Financial Institutions Examination Council

FHLB – Federal Home Loan Bank

FICO – Fair Isaac Corporation

GA DBF – Georgia Department of Banking and Finance

GAAP – Generally Accepted Accounting Principles in the United States of America

GSE – government sponsored enterprise

HELOC – home equity line of credit

IASB – International Accounting Standards Board

IRC – Internal Revenue Code of 1986, as amended

i

LIBOR – London Interbank Offered Rate

LTV – loan-to-collateral value ratio

NAICS – North American Industry Classification System

NPA – non-performing assets

NPL – non-performing loans

NSF – non-sufficient funds

NYSE – New York Stock Exchange

OCI – other comprehensive income

ORE – other real estate

OTTI – other-than-temporary impairment

Parent Company – Synovus Financial Corp.

SCM – state, county, and municipal

SEC – U.S. Securities and Exchange Commission

Securities Act – Securities Act of 1933, as amended

Series C Preferred Stock – Synovus' Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C, $25 liquidation preference

Synovus – Synovus Financial Corp.

Synovus Bank – A Georgia state-chartered bank, formerly known as Columbus Bank and Trust Company, and wholly-owned subsidiary of Synovus, through which Synovus conducts its banking operations

Synovus' 2014 Form 10-K – Synovus' Annual Report on Form 10-K for the year ended December 31, 2014

Synovus Mortgage – Synovus Mortgage Corp., a wholly-owned subsidiary of Synovus Bank

Synovus Trust Company, N. A. – a wholly-owned subsidiary of Synovus Bank

TDR – troubled debt restructuring (as defined in ASC 310-40)

Treasury – United States Department of the Treasury

VIE – variable interest entity, as defined in ASC 810-10

Visa – The Visa U.S.A., Inc. card association or its affiliates, collectively

Visa Class B shares – Class B shares of common stock issued by Visa which are subject to restrictions with respect to sale until all of the Covered Litigation has been settled

Visa derivative – A derivative contract with the purchaser of Visa Class B shares which provides for settlements between the purchaser and Synovus based upon a change in the ratio for conversion of Visa Class B shares into Visa Class A shares

Warrant – A warrant issued to the Treasury by Synovus to purchase up to 2,215,820 shares of Synovus common stock at a per share exercise price of $65.52 expiring on December 19, 2018

ii

PART I. FINANCIAL INFORMATION

ITEM 1. - FINANCIAL STATEMENTS

SYNOVUS FINANCIAL CORP.

CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except share and per share data)	March 31, 2015			December 31, 2014
ASSETS
Cash and cash equivalents	$	429,338		485,489
Interest bearing funds with Federal Reserve Bank	1,263,886			721,362
Interest earning deposits with banks	6,871			11,810
Federal funds sold and securities purchased under resale agreements	80,772			73,111
Trading account assets, at fair value	20,002			13,863
Mortgage loans held for sale, at fair value	89,245			63,328
Investment securities available for sale, at fair value	3,130,041			3,041,406
Loans, net of deferred fees and costs	21,106,213			21,097,699
Allowance for loan losses	(253,371		)	(261,317	)
Loans, net	$	20,852,842		20,836,382
Premises and equipment, net	451,843			455,235
Goodwill	24,431			24,431
Other real estate	74,791			85,472
Deferred tax asset, net	589,190			622,464
Other assets	620,532			616,878
Total assets	$	27,633,784		27,051,231
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Deposits:
Non-interest bearing deposits	$	6,251,393		6,228,472
Interest bearing deposits, excluding brokered deposits	14,251,510			13,660,830
Brokered deposits	1,604,946			1,642,398
Total deposits	22,107,849			21,531,700
Federal funds purchased and securities sold under repurchase agreements	125,323			126,916
Long-term debt	2,189,769			2,140,319
Other liabilities	180,208			211,026
Total liabilities	$	24,603,149		24,009,961
Shareholders' Equity
Series C Preferred Stock – no par value. 5,200,000 shares outstanding at March 31, 2015 and December 31, 2014	125,980			125,980
Common stock - $1.00 par value. Authorized 342,857,143 shares; 140,328,807 issued at March 31, 2015 and 139,950,422 issued at December 31, 2014; 133,929,630 outstanding at March 31, 2015 and 136,122,843 outstanding at December 31, 2014	140,329			139,950
Additional paid-in capital	2,976,882			2,960,825
Treasury stock, at cost – 6,399,177 shares at March 31, 2015 and 3,827,579 shares at December 31, 2014	(261,402		)	(187,774	)
Accumulated other comprehensive loss, net	(3,651		)	(12,605	)
Retained earnings	52,497			14,894
Total shareholders’ equity	3,030,635			3,041,270
Total liabilities and shareholders' equity	$	27,633,784		27,051,231

See accompanying notes to unaudited interim consolidated financial statements.

1

SYNOVUS FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF INCOME

(unaudited)

	Three Months Ended March 31,
(in thousands, except per share data)	2015			2014
Interest income:
Loans, including fees	$	215,269		211,343
Investment securities available for sale	13,943			15,257
Trading account assets	107			161
Mortgage loans held for sale	632			402
Federal Reserve Bank balances	645			527
Other earning assets	805			692
Total interest income	231,401			228,382
Interest expense:
Deposits	14,819			14,221
Federal funds purchased and securities sold under repurchase agreements	43			77
Long-term debt	13,276			13,570
Total interest expense	28,138			27,868
Net interest income	203,263			200,514
Provision for loan losses	4,397			9,511
Net interest income after provision for loan losses	198,866			191,003
Non-interest income:
Service charges on deposit accounts	19,133			19,214
Fiduciary and asset management fees	11,571			11,033
Brokerage revenue	7,251			6,213
Mortgage banking income	6,484			3,511
Bankcard fees	8,077			7,518
Investment securities gains, net	725			1,331
Other fee income	5,246			4,863
Gain on sale of Memphis branches, net	—			5,789
Other non-interest income	7,367			10,710
Total non-interest income	65,854			70,182
Non-interest expense:
Salaries and other personnel expense	96,488			93,445
Net occupancy and equipment expense	26,172			26,056
Third-party processing expense	10,343			10,097
FDIC insurance and other regulatory fees	6,957			9,645
Professional fees	5,594			7,677
Advertising expense	3,443			2,477
Foreclosed real estate expense, net	9,496			5,681
Visa indemnification charges	375			396
Restructuring charges, net	(107		)	8,577
Other operating expenses	20,147			20,110
Total non-interest expense	178,908			184,161
Income before income taxes	85,812			77,024
Income tax expense	31,849			28,608
Net income	53,963			48,416
Dividends on preferred stock	2,559			2,559
Net income available to common shareholders	$	51,404		45,857
Net income per common share, basic	0.38			0.33
Net income per common share, diluted	0.38			0.33
Weighted average common shares outstanding, basic	134,933			138,932
Weighted average common shares outstanding, diluted	135,744			139,504

See accompanying notes to unaudited interim consolidated financial statements.

2

SYNOVUS FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(unaudited)

	Three Months Ended March 31,
	2015								2014
(in thousands)	Before-tax Amount			Tax (Expense) Benefit		Net of Tax Amount			Before-tax Amount		Tax (Expense) Benefit		Net of Tax Amount
Net income	$	85,812		(31,849	)	53,963			77,024		(28,608	)	48,416
Net change related to cash flow hedges:
Reclassification adjustment for losses realized in net income	112			(43	)	69			112		(43	)	69
Net unrealized gains on investment securities available for sale:
Reclassification adjustment for net gains realized in net income	(725		)	281		(444		)	(1,331	)	513		(818	)
Net unrealized gains arising during the period	15,211			(5,856	)	9,355			18,843		(7,255	)	11,588
Net unrealized gains	14,486			(5,575	)	8,911			17,512		(6,742	)	10,770
Post-retirement unfunded health benefit:
Reclassification adjustment for gains realized in net income	(42		)	16		(26		)	(72	)	28		(44	)
Other comprehensive income	$	14,556		(5,602	)	8,954			17,552		(6,757	)	10,795
Comprehensive income						$	62,917						59,211

See accompanying notes to unaudited interim consolidated financial statements.

3

SYNOVUS FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

(unaudited)

(in thousands, except per share data)	Series C Preferred Stock		Common Stock	Additional Paid-in Capital		Treasury Stock		Accumulated Other Comprehensive Income (Loss)		Retained Earnings (Deficit)		Total
Balance at December 31, 2013	$	125,862	139,721	2,976,348		(114,176	)	(41,258	)	(137,512	)	2,948,985
Net income	—		—	—		—		—		48,416		48,416
Other comprehensive income, net of income taxes	—		—	—		—		10,795		—		10,795
Cash dividends declared on common stock - $0.07 per share	—		—	—		—		—		(9,728	)	(9,728	)
Cash dividends paid on Series C Preferred Stock	—		—	(2,559	)	—		—		—		(2,559	)
Series C Preferred Stock-adjustment to issuance costs	118		—	—		—		—		—		118
Restricted share unit activity	—		33	(501	)	—		—		—		(468	)
Stock options exercised	—		32	507		—		—		—		539
Share-based compensation net tax benefit	—		—	170		—		—		—		170
Share-based compensation expense	—		—	2,228		—		—		—		2,228
Balance at March 31, 2014	$	125,980	139,786	2,976,193		(114,176	)	(30,463	)	(98,824	)	2,998,496
Balance at December 31, 2014	$	125,980	139,950	2,960,825		(187,774	)	(12,605	)	14,894		3,041,270
Net income	—		—	—		—		—		53,963		53,963
Other comprehensive income, net of income taxes	—		—	—		—		8,954		—		8,954
Cash dividends declared on common stock - $0.10 per share	—		—	—		—		—		(13,434	)	(13,434	)
Cash dividends paid on Series C Preferred Stock	—		—	—		—		—		(2,559	)	(2,559	)
Repurchases and completion of ASR agreement to repurchase shares of common stock	—		—	14,515		(73,628	)	—		—		(59,113	)
Restricted share unit activity	—		274	(4,325	)	—		—		(367	)	(4,418	)
Stock options exercised	—		105	1,587		—		—		—		1,692
Share-based compensation net tax benefit	—		—	1,046		—		—		—		1,046
Share-based compensation expense	—		—	3,234		—		—		—		3,234
Balance at March 31, 2015	$	125,980	140,329	2,976,882		(261,402	)	(3,651	)	52,497		3,030,635

See accompanying notes to unaudited interim consolidated financial statements.

4

SYNOVUS FINANCIAL CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

	Three Months Ended March 31,
(in thousands)	2015			2014
Operating Activities
Net income	$	53,963		48,416
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	4,397			9,511
Depreciation, amortization, and accretion, net	13,799			12,312
Deferred income tax expense	28,718			25,757
Increase in trading account assets	(6,139		)	(11,695	)
Originations of mortgage loans held for sale	(207,530		)	(129,160	)
Proceeds from sales of mortgage loans held for sale	184,712			126,688
Gain on sales of mortgage loans held for sale, net	(3,100		)	(1,898	)
Increase in other assets	(6,947		)	(8,019	)
(Decrease) increase in other liabilities	(30,818		)	19,554
Investment securities gains, net	(725		)	(1,331	)
Losses and write-downs on other real estate, net	7,275			4,752
Share-based compensation expense	3,234			2,228
Gain on sale of Memphis branches, net	—			(5,789	)
Gain on sale of branch property	—			(3,116	)
Other, net	(2,052		)	(940	)
Net cash provided by operating activities	$	38,787		87,270
Investing Activities
Net cash used in dispositions	—			(90,571	)
Net decrease in interest earning deposits with banks	4,939			15,186
Net (increase) decrease in federal funds sold and securities purchased under resale agreements	(7,661		)	4,878
Net increase in interest bearing funds with Federal Reserve Bank	(542,524		)	(240,215	)
Proceeds from maturities and principal collections of investment securities available for sale	155,005			117,867
Proceeds from sales of investment securities available for sale	32,419			20,815
Purchases of investment securities available for sale	(265,707		)	(57,709	)
Proceeds from sales of loans and principal repayments on other loans held for sale	12,507			29,804
Proceeds from sales of other real estate	8,785			10,000
Net increase in loans	(36,336		)	(243,267	)
Net increase in premises and equipment	(5,221		)	(7,955	)
Proceeds from sales of other assets held for sale	351			241
Net cash used in investing activities	$	(643,443	)	(440,926	)
Financing Activities
Net increase in demand and savings deposits	411,991			251,914
Net increase in certificates of deposit	164,184			13,561
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements	(1,593		)	16,814
Principal repayments on long-term debt	(375,039		)	(325,615	)
Proceeds from issuance of long-term debt	425,000			400,000
Dividends paid to common shareholders	(13,434		)	(9,728	)
Dividends paid to preferred shareholders	(2,559		)	(2,559	)
Stock options exercised	1,692			539
Repurchases of common stock	(59,113		)	—
Excess tax benefit from share-based compensation	1,794			186
Restricted stock activity	(4,418		)	(468	)
Net cash provided by financing activities	$	548,505		344,644
Decrease in cash and cash equivalents	(56,151		)	(9,012	)
Cash and cash equivalents at beginning of period	485,489			469,630

5

Cash and cash equivalents at end of period	$	429,338	460,618
Supplemental Cash Flow Information
Cash paid during the period for:
Income tax payments (refunds), net	338		(12	)
Interest paid	27,875		29,503
Non-cash Activities
Loans foreclosed and transferred to other real estate	5,378		12,881
Loans transferred to other loans held for sale at fair value	10,100		24,505
Securities purchased during the period but settled after period-end	—		10,227
Dispositions:
Fair value of non-cash assets sold	—		(100,982	)
Fair value of liabilities sold	—		(191,553	)

See accompanying notes to unaudited interim consolidated financial statements.

6

Notes to Unaudited Interim Consolidated Financial Statements

Note 1 - Significant Accounting Policies

Business Operations

The accompanying unaudited interim consolidated financial statements of Synovus include the accounts of the Parent Company and its consolidated subsidiaries. Synovus provides integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services to its customers through locally-branded divisions of its wholly-owned subsidiary bank, Synovus Bank, in offices located throughout Georgia, Alabama, South Carolina, Florida, and Tennessee.

In addition to our banking operations, we also provide various other financial services to our customers through direct and indirect wholly-owned non-bank subsidiaries, including: Synovus Securities, Inc., headquartered in Columbus, Georgia, which specializes in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer and the provision of individual investment advice on equity and other securities; Synovus Trust Company, N.A., headquartered in Columbus, Georgia, which provides trust, asset management and financial planning services; and Synovus Mortgage Corp., headquartered in Birmingham, Alabama, which offers mortgage services.

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the instructions to the SEC Form 10-Q and Article 10 of Regulation S-X; therefore, they do not include all information and footnotes necessary for a fair presentation of financial position, results of operations, comprehensive income, and cash flows in conformity with GAAP. All adjustments consisting of normally recurring accruals that, in the opinion of management, are necessary for a fair presentation of the consolidated financial position and results of operations for the periods covered by this Report have been included. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes appearing in Synovus' 2014 Form 10-K. There have been no significant changes to the accounting policies as disclosed in Synovus' 2014 Form 10-K.

In preparing the unaudited interim consolidated financial statements in accordance with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the respective consolidated balance sheets and the reported amounts of revenues and expenses for the periods presented. Actual results could differ significantly from those estimates.

Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses; the valuation of other real estate; the fair value of investment securities; the fair value of private equity investments; contingent liabilities related to legal matters; and the deferred tax assets valuation allowance.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and due from banks. At March 31, 2015 and December 31, 2014, $125 thousandof the due from banks balance was restricted as to withdrawal.

Short-term Investments

Short-term investments consist of interest bearing funds with the Federal Reserve Bank, interest earning deposits with banks, and Federal funds sold and securities purchased under resale agreements. At March 31, 2015 and December 31, 2014, interest bearing funds with the Federal Reserve Bank included $81.5 millionand $89.7 million, respectively, on deposit to meet Federal Reserve Bank requirements. Interest earning deposits with banks include $7.0 million and $7.1 million at March 31, 2015 and December 31, 2014, respectively, which is pledged as collateral in connection with certain letters of credit. Federal funds sold include $67.5 million at March 31, 2015 and December 31, 2014, which are pledged to collateralize certain derivative instruments. Federal funds sold and securities purchased under resale agreements, and Federal funds purchased and securities sold under repurchase agreements, generally mature in one day.

Recently Adopted Accounting Standards Updates

During 2014, the FASB issued the following ASUs, all of which became effective January 1, 2015:

• ASU 2014-01, Investments-Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects

In January 2014, the FASB issued amended guidance which permits Synovus to make an accounting policy election to account for its investments in qualified affordable housing projects using a proportional amortization method, if certain conditions are met, and to present the amortization as a component of income tax expense. The amended guidance would

7

be applied retrospectively to all periods presented and is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Regardless of the policy election, the amended guidance, where disclosed, enables the users of the financial statements to understand the nature of investments in qualified affordable housing projects and the effect of the measurement of the investments in qualified affordable housing projects and the related tax credits on Synovus’ financial position and results of operations.

Synovus adopted the amended guidance on January 1, 2015, and did not make an accounting policy election to apply the proportional amortization method for its investments in qualified affordable housing projects because the impact to the consolidated financial statements was insignificant. Therefore, the adoption did not have an impact on Synovus’ consolidated financial statements. At March 31, 2015, the aggregate carrying value of Synovus' investments in LIHTC partnerships was $8.7 million. See Note 18 "Variable Interest Entities" to the consolidated financial statements of Synovus' 2014 Form 10-K for additional information regarding these investments.

Additionally, adoption of the following standards effective January 1, 2015 did not have a significant impact on Synovus’ consolidated financial statements.

• ASU 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure

• ASU 2014-12, Accounting for Share-Based Payments when the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period

• ASU 2014-11, Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures

• ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity

• ASU 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40), Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure

Reclassifications

Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.

Subsequent Events

Synovus has evaluated for consideration, or disclosure, all transactions, events, and circumstances, subsequent to the date of the consolidated balance sheet and through the date the accompanying unaudited interim consolidated financial statements were issued, and has reflected, or disclosed, those items deemed appropriate within the unaudited interim consolidated financial statements.

Note 2 - Share Repurchase Program

On October 21, 2014, Synovus announced a $250 million share repurchase program, which will expire on October 23, 2015. As of March 31, 2015, Synovus had repurchased a total of $147.2 million or 5.6 million shares of common stock under the share repurchase program through a combination of share repurchases under the accelerated share repurchase (ASR) agreement described below and open market transactions.

During October 2014, Synovus entered into an ASR agreement to purchase $75.0 million of Synovus common stock under the share repurchase program. As of December 31, 2014, Synovus had repurchased 2,510,460 shares under the ASR agreement. During January 2015, Synovus repurchased 391,612 shares upon completion of the ASR agreement. Additionally, since October 2014 through March 31, 2015, Synovus has repurchased $72.2 million or 2,683,755 shares of common stock through open market transactions including $59.1 million or 2,179,986 shares of common stock repurchased during the first quarter of 2015.

Note 3 - Reverse Stock Split and Increase in Number of Authorized Common Shares

On April 24, 2014, at Synovus' 2014 Annual Shareholders' Meeting ("Annual Meeting"), Synovus’ shareholders approved a proposal authorizing Synovus’ Board of Directors to effect a one-for-seven reverse stock split of Synovus’ common stock. Following the Annual Meeting, Synovus’ Board of Directors authorized the one-for-seven reverse stock split.  The reverse stock split became effective on May 16, 2014, and Synovus' shares of common stock began trading on a post-split basis on the New York Stock Exchange (NYSE) at the opening of trading on May 19, 2014. All prior periods presented in this Report have been adjusted to reflect the one-for-seven reverse stock split. Financial information updated by this capital change includes earnings per common share, dividends per common share, stock price per common share, weighted average common shares, outstanding common shares, treasury shares, common stock, additional paid-in capital, and share-based compensation. 

8

Additionally, on April 24, 2014, Synovus’ shareholders also approved an amendment to Synovus’ articles of incorporation to increase the number of authorized shares of Synovus’ common stock from 1.2 billion shares to 2.4 billion shares. Synovus effected the increase in the number of authorized shares on April 24, 2014. Upon the reverse stock split effective date, the number of Synovus’ authorized shares of common stock was proportionately reduced from 2.4 billion shares to 342.9 million shares.

Note 4 - Sale of Branches

On January 17, 2014, Synovus completed the sale of certain loans, premises, deposits, and other assets and liabilities of the Memphis, Tennessee branches of Trust One Bank, a division of Synovus Bank.  The sale included $89.6 million in total loans and $191.3 million in total deposits.   Results for the three months ended March 31, 2014 reflect a pre-tax gain, net of associated costs, of $5.8 million relating to this transaction.  

Note 5 - Investment Securities

The amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities available for sale at March 31, 2015 and December 31, 2014 are summarized below.

	March 31, 2015
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	43,139	479	—		43,618
U.S. Government agency securities	24,515		980	—		25,495
Securities issued by U.S. Government sponsored enterprises	81,115		664	—		81,779
Mortgage-backed securities issued by U.S. Government agencies	169,098		3,112	(345	)	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,186,379		27,536	(6,246	)	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	563,513		6,086	(1,028	)	568,571
State and municipal securities	4,941		168	(1	)	5,108
Equity securities	3,228		3,945	—		7,173
Other investments	19,132		37	(406	)	18,763
Total investment securities available for sale	$	3,095,060	43,007	(8,026	)	3,130,041
	December 31, 2014
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	42,636	190	—		42,826
U.S. Government agency securities	26,426		898	—		27,324
Securities issued by U.S. Government sponsored enterprises	81,332		710	—		82,042
Mortgage-backed securities issued by U.S. Government agencies	177,678		2,578	(440	)	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,250,897		19,915	(9,131	)	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	414,562		4,856	(2,342	)	417,076
State and municipal securities	5,024		183	(1	)	5,206
Equity securities	3,228		3,520			6,748
Other investments	19,121		7	(441	)	18,687
Total investment securities available for sale	$	3,020,904	32,857	(12,355	)	3,041,406

⁽¹⁾  Amortized cost is adjusted for other-than-temporary impairment charges in 2014, which have been recognized in the consolidated statements of income and were considered inconsequential.

At March 31, 2015 and December 31, 2014, investment securities with a carrying value of $2.05 billion and $2.12 billion respectively, were pledged to secure certain deposits and securities sold under repurchase agreements as required by law and contractual agreements.

Synovus has reviewed investment securities that are in an unrealized loss position as of March 31, 2015 and December 31, 2014 for OTTI and does not consider any securities in an unrealized loss position to be other-than-temporarily impaired. If Synovus intended to sell a security in an unrealized loss position, the entire unrealized loss would be reflected in income. Synovus does not intend to sell investment securities in an unrealized loss position prior to the recovery of the unrealized loss, which may be until maturity, and has the ability and intent to hold those securities for that period of time. Additionally, Synovus is not currently aware of any circumstances which will require it to sell any of the securities that are in an unrealized loss position prior to the respective securities recovery of all such unrealized losses.

Declines in the fair value of available for sale securities below their cost that are deemed to have OTTI are reflected in earnings as realized losses to the extent the impairment is related to credit losses. The amount of the impairment related to other factors is recognized in other comprehensive income. Currently, unrealized losses on debt securities are attributable to increases in interest rates on comparable securities from the date of purchase. Synovus regularly evaluates its investment securities portfolio to ensure that there are no conditions that would indicate that unrealized losses represent OTTI. These factors include the length of time the security has been in a loss position, the extent that the fair value is below amortized cost, and the credit standing of the issuer. As of March 31, 2015, Synovus had one investment security in a loss position for less than twelve months and thirty-five investment securities in a loss position for twelve months or longer.

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2015 and December 31, 2014, are presented below.

	March 31, 2015
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	4,473		11	20,678	334	25,151	345
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		—	732,387	6,246	732,387	6,246
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	82,318	1,028	82,318	1,028
State and municipal securities	—		—	46	1	46	1
Other investments	—		—	3,726	406	3,726	406
Total	$	4,473	11	839,155	8,015	843,628	8,026
	December 31, 2014
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	—		—	21,488	440	21,488	440
Mortgage-backed securities issued by U.S. Government sponsored enterprises	251,134		763	798,282	8,368	1,049,416	9,131
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	20,338		61	119,172	2,281	139,510	2,342
State and municipal securities	—		—	45	1	45	1
Other investments	—		—	3,680	441	3,680	441
Total	$	271,472	824	942,667	11,531	1,214,139	12,355

10

The amortized cost and fair value by contractual maturity of investment securities available for sale at March 31, 2015 are shown below. The expected life of mortgage-backed securities or CMOs may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. For purposes of the maturity table, mortgage-backed securities and CMOs, which are not due at a single maturity date, have been classified based on the final contractual maturity date.

	Distribution of Maturities at March 31, 2015
(in thousands)	Within One Year		1 to 5 Years	5 to 10 Years	More Than 10 Years	No Stated Maturity	Total
Amortized Cost
U.S. Treasury securities	$	18,286	24,853	—	—	—	43,139
U.S. Government agency securities	78		12,001	12,436	—	—	24,515
Securities issued by U.S. Government sponsored enterprises	—		81,115	—	—	—	81,115
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	169,098	—	169,098
Mortgage-backed securities issued by U.S. Government sponsored enterprises	134		1,201	1,792,674	392,370	—	2,186,379
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	563,513	—	563,513
State and municipal securities	165		2,067	—	2,709	—	4,941
Equity securities	—		—	—	—	3,228	3,228
Other investments	—		—	15,000	2,000	2,132	19,132
Total amortized cost	$	18,663	121,237	1,820,110	1,129,690	5,360	3,095,060
Fair Value
U.S. Treasury securities	$	18,286	25,332	—	—	—	43,618
U.S. Government agency securities	80		12,412	13,003	—	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	—	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	140		1,271	1,801,124	405,134	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	568,571	—	568,571
State and municipal securities	166		2,106	—	2,836	—	5,108
Equity securities	—		—	—	—	7,173	7,173
Other investments	—		—	15,037	1,653	2,073	18,763
Total fair value	$	18,672	122,900	1,829,164	1,150,059	9,246	3,130,041

Proceeds from sales, gross gains, and gross losses on sales of securities available for sale for the three months ended March 31, 2015 and 2014 are presented below. Other-than-temporary impairment charges of $88 thousand are included in gross realized losses for the three months ended March 31, 2014. The specific identification method is used to reclassify gains and losses out of other comprehensive income at the time of sale.

	Three Months Ended March 31,
(in thousands)	2015		2014
Proceeds from sales of investment securities available for sale	$	32,419	20,815
Gross realized gains	725		1,419
Gross realized losses	—		(88	)
Investment securities gains, net	$	725	1,331

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Note 6 - Restructuring Charges

For the three months ended March 31, 2015 and 2014 total restructuring charges consist of the following components:

	Three Months Ended March 31,
(in thousands)	2015			2014
Severance charges	$	—		8,047
Gain on sale of assets held for sale, net	(157		)	—
Professional fees and other charges	50			530
Total restructuring charges, net	$	(107	)	8,577

For the three months ended March 31, 2015, Synovus recorded net gains of $157 thousand on the sale of certain branch locations and recorded additional expense of $50 thousand associated with the 2014 branch closings. Restructuring charges for the three months ended March 31, 2014 related primarily to expense savings initiatives that were approved during 2014 with an expected completion date of mid-2015. The initiatives include the consolidation or closing of certain branch locations as well as workforce reductions. Severance charges for the three months ended March 31, 2014 consisted of estimated involuntary termination benefits for targeted staff reductions identified during 2014. These termination benefits were provided under an ongoing benefit arrangement as defined in ASC 712, Compensation-Nonretirement Postemployment Benefits; accordingly, the charges were recorded pursuant to the liability recognition criteria of ASC 712.   Additionally, substantially all of the professional fees and other charges for the three months ended March 31, 2014 consist of professional fees incurred in connection with an organizational restructuring implemented during 2014.

The following table presents aggregate activity associated with accruals that resulted from restructuring charges during the three months ended March 31, 2015 and 2014:

	Severance Charges			Lease Termination Charges		Total
(in thousands)
Balance at December 31, 2013	$	1,572		1,383		2,955
Accruals for efficiency initiatives	8,047			—		8,047
Payments	(1,931		)	(1,289	)	(3,220	)
Balance at March 31, 2014	7,688			94		7,782
Balance at December 31, 2014	3,291			5,539		8,830
Payments	(521		)	(221	)	(742	)
Balance at March 31, 2015	$	2,770		5,318		8,088

All professional fees and other charges were paid in the years that they were incurred. No other restructuring charges resulted in payment accruals.

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Note 7 - Loans and Allowance for Loan Losses

The following is a summary of current, accruing past due, and non-accrual loans by portfolio class as of March 31, 2015 and December 31, 2014.

Current, Accruing Past Due, and Non-accrual Loans
	March 31, 2015
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,201,493	2,579	211	2,790	19,780	5,224,063
1-4 family properties	1,096,543		3,954	291	4,245	22,827	1,123,615
Land acquisition	526,185		1,704	4	1,708	31,444	559,337
Total commercial real estate	6,824,221		8,237	506	8,743	74,051	6,907,015
Commercial, financial and agricultural	6,155,867		17,834	2,410	20,244	42,060	6,218,171
Owner-occupied	4,050,333		7,704	—	7,704	31,626	4,089,663
Total commercial and industrial	10,206,200		25,538	2,410	27,948	73,686	10,307,834
Home equity lines	1,647,045		5,301	759	6,060	18,933	1,672,038
Consumer mortgages	1,667,761		9,276	—	9,276	25,351	1,702,388
Credit cards	239,150		1,767	1,340	3,107	—	242,257
Other retail	299,529		2,299	10	2,309	2,211	304,049
Total retail	3,853,485		18,643	2,109	20,752	46,495	3,920,732
Total loans	$	20,883,906	52,418	5,025	57,443	194,232	21,135,581	(1	)
	December 31, 2014
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,187,200	1,851	—	1,851	20,720	5,209,771
1-4 family properties	1,106,111		4,067	432	4,499	24,197	1,134,807
Land acquisition	540,932		363	—	363	34,375	575,670
Total commercial real estate	6,834,243		6,281	432	6,713	79,292	6,920,248
Commercial, financial and agricultural	6,172,220		9,979	1,790	11,769	40,359	6,224,348
Owner-occupied	4,016,997		6,404	225	6,629	26,099	4,049,725
Total commercial and industrial	10,189,217		16,383	2,015	18,398	66,458	10,274,073
Home equity lines	1,659,869		6,992	703	7,695	16,434	1,683,998
Consumer mortgages	1,648,145		12,626	12	12,638	33,278	1,694,061
Credit cards	250,304		1,971	1,374	3,345	—	253,649
Other retail	297,703		2,361	101	2,462	2,295	302,460
Total retail	3,856,021		23,950	2,190	26,140	52,007	3,934,168
Total loans	$	20,879,481	46,614	4,637	51,251	197,757	21,128,489	(2	)

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $30.8 million.

13

The credit quality of the loan portfolio is summarized no less frequently than quarterly using the standard asset classification system utilized by the federal banking agencies. These classifications are divided into three groups – Not Criticized (Pass), Special Mention, and Classified or Adverse rating (Substandard, Doubtful, and Loss) and are defined as follows:

Pass- loans which are well protected by the current net worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less cost to acquire and sell in a timely manner, of any underlying collateral.

Special Mention - loans which have potential weaknesses that deserve management's close attention. These loans are not adversely classified and do not expose an institution to sufficient risk to warrant an adverse classification.

Substandard - loans which are inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans with this classification are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful - loans which have all the weaknesses inherent in loans classified as Substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently known facts, conditions, and values.

Loss - loans which are considered by management to be uncollectible and of such little value that their continuance on the institution's books as an asset, without establishment of a specific valuation allowance or charge-off is not warranted.

In the following tables, retail loans are generally assigned a risk grade similar to the classifications described above; however, upon reaching 90 days and 120 days past due, they are generally downgraded to Substandard and Loss, respectively, in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy. Additionally, in accordance with the Interagency Supervisory Guidance on Allowance for Loan and Lease Losses Estimation Practices for Loans and Lines of Credit Secured by Junior Liens on 1-4 Family Residential Properties, the risk grade classifications of retail loans (home equity lines and consumer mortgages) secured by junior liens on 1-4 family residential properties also consider available information on the payment status of the associated senior lien with other financial institutions.

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Loan Portfolio Credit Exposure by Risk Grade
	March 31, 2015
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,959,969	156,878	107,216	—	—		5,224,063
1-4 family properties	956,789		74,830	84,726	7,270	—		1,123,615
Land acquisition	456,175		47,259	55,318	585	—		559,337
Total commercial real estate	6,372,933		278,967	247,260	7,855	—		6,907,015
Commercial, financial and agricultural	5,956,395		136,454	115,881	9,363	78	(3)	6,218,171
Owner-occupied	3,848,237		84,320	156,334	327	445	(3)	4,089,663
Total commercial and industrial	9,804,632		220,774	272,215	9,690	523		10,307,834
Home equity lines	1,644,215		—	24,001	1,793	2,029	(3)	1,672,038
Consumer mortgages	1,669,848		—	30,358	2,056	126	(3)	1,702,388
Credit cards	240,917		—	455	—	885	(4)	242,257
Other retail	300,846		—	3,079	32	92	(3)	304,049
Total retail	3,855,826		—	57,893	3,881	3,132		3,920,732
Total loans	$	20,033,391	499,741	577,368	21,426	3,655		21,135,581	(5	)
	December 31, 2014
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,932,440	174,466	102,865	—	—		5,209,771
1-4 family properties	944,646		86,072	96,392	7,697	—		1,134,807
Land acquisition	460,813		52,026	62,101	730	—		575,670
Total commercial real estate	6,337,899		312,564	261,358	8,427	—		6,920,248
Commercial, financial and agricultural	5,945,725		145,779	123,225	9,539	80	(3)	6,224,348
Owner-occupied	3,792,261		95,647	161,045	327	445	(3)	4,049,725
Total commercial and industrial	9,737,986		241,426	284,270	9,866	525		10,274,073
Home equity lines	1,659,794		—	20,043	2,009	2,152	(3)	1,683,998
Consumer mortgages	1,653,491		—	37,656	2,654	260	(3)	1,694,061
Credit cards	252,275		—	495	—	879	(4)	253,649
Other retail	298,991		—	3,339	32	98	(3)	302,460
Total retail	3,864,551		—	61,533	4,695	3,389		3,934,168
Total loans	$	19,940,436	553,990	607,161	22,988	3,914		21,128,489	(6	)

⁽¹⁾ Includes $170.5 million and $170.9 million of non-accrual Substandard loans at March 31, 2015 and December 31, 2014, respectively.

⁽²⁾ The loans within this risk grade are on non-accrual status. Commercial loans generally have an allowance for loan losses in accordance with ASC 310, and retail loans generally have an allowance for loan losses equal to 50% of the loan amount.

⁽³⁾ The loans within this risk grade are on non-accrual status and have an allowance for loan losses equal to the full loan amount.

⁽⁴⁾ Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an allowance for loan losses equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy.

⁽⁵⁾Total before net deferred fees and costs of $29.4 million.

⁽⁶⁾Total before net deferred fees and costs of $30.8 million.

15

The following table details the changes in the allowance for loan losses by loan segment for the three months ended March 31, 2015 and 2014.

Allowance for Loan Losses and Recorded Investment in Loans
	As Of and For The Three Months Ended March 31, 2015
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	101,471		118,110		41,736		—		261,317
Charge-offs	(7,440		)	(5,272	)	(7,912	)	—		(20,624	)
Recoveries	3,941			2,266		2,074		—		8,281
Provision for loan losses	(3,764		)	2,702		5,459		—		4,397
Ending balance	$	94,208		117,806		41,357		—		253,371
Ending balance: individually evaluated for impairment	18,558			9,411		1,037		—		29,006
Ending balance: collectively evaluated for impairment	$	75,650		108,395		40,320		—		224,365
Loans:
Ending balance: total loans(1)	$	6,907,015		10,307,834		3,920,732		—		21,135,581
Ending balance: individually evaluated for impairment	237,167			130,197		41,321		—		408,685
Ending balance: collectively evaluated for impairment	$	6,669,848		10,177,637		3,879,411		—		20,726,896
	As Of and For The Three Months Ended March 31, 2014
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	127,012		116,069		41,479		23,000		307,560
Allowance for loan losses of sold loans	(281		)	(398	)	(340	)	—		(1,019	)
Charge-offs	(7,946		)	(8,036	)	(6,293	)	—		(22,275	)
Recoveries	2,227			1,953		2,914		—		7,094
Provision for loan losses	5,943			18,758		7,810		(23,000	)	9,511
Ending balance	$	126,955		128,346		45,570		—		300,871
Ending balance: individually evaluated for impairment	42,894			20,678		1,595		—		65,167
Ending balance: collectively evaluated for impairment	$	84,061		107,668		43,975		—		235,704
Loans:
Ending balance: total loans(2)	$	6,587,254		9,961,281		3,638,905		—		20,187,440
Ending balance: individually evaluated for impairment	481,684			220,376		52,243		—		754,303
Ending balance: collectively evaluated for impairment	$	6,105,570		9,740,905		3,586,662		—		19,433,137

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $28.4 million.

During the first quarter of 2014, Synovus designated $23.0 million of allowance for loan losses that was included in the unallocated component of the allowance for loan losses at December 31, 2013 to the allowance for loan losses allocated to the respective loan segments. 

16

The tables below summarize impaired loans (including accruing TDRs) as of March 31, 2015 and December 31, 2014.

Impaired Loans (including accruing TDRs)
	March 31, 2015				Three Months Ended March 31, 2015
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	14,636	19,382	—	14,964	—
1-4 family properties	2,730		10,080	—	2,888	—
Land acquisition	22,359		63,276	—	20,814	—
Total commercial real estate	39,725		92,738	—	38,666	—
Commercial, financial and agricultural	6,504		9,187	—	5,993	—
Owner-occupied	18,753		21,451	—	17,558	—
Total commercial and industrial	25,257		30,638	—	23,551	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	995	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	995	—
Total impaired loans with no related allowance recorded	$	65,977	125,441	—	63,212	—
With allowance recorded
Investment properties	96,020		98,622	7,374	86,415	631
1-4 family properties	65,228		66,010	7,594	72,534	356
Land acquisition	36,194		36,416	3,590	44,493	283
Total commercial real estate	197,442		201,048	18,558	203,442	1,270
Commercial, financial and agricultural	44,477		44,615	6,556	54,651	369
Owner-occupied	60,463		60,467	2,855	63,871	509
Total commercial and industrial	104,940		105,082	9,411	118,522	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	28,842		28,842	783	31,299	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	40,326		40,326	1,037	42,215	488
Total impaired loans with allowance recorded	$	342,708	346,456	29,006	364,179	2,636
Total impaired loans
Investment properties	$	110,656	118,004	7,374	101,379	631
1-4 family properties	67,958		76,090	7,594	75,422	356
Land acquisition	58,553		99,692	3,590	65,307	283
Total commercial real estate	237,167		293,786	18,558	242,108	1,270
Commercial, financial and agricultural	50,981		53,802	6,556	60,644	369
Owner-occupied	79,216		81,918	2,855	81,429	509
Total commercial and industrial	130,197		135,720	9,411	142,073	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	29,837		30,907	783	32,294	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	41,321		42,391	1,037	43,210	488
Total impaired loans	$	408,685	471,897	29,006	427,391	2,636

17

Impaired Loans (including accruing TDRs)
	December 31, 2014				Year Ended December 31, 2014
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	15,368	20,237	—	25,311	—
1-4 family properties	2,981		10,520	—	5,441	—
Land acquisition	21,504		61,843	—	29,954	—
Total commercial real estate	39,853		92,600	—	60,706	—
Commercial, financial and agricultural	7,391		11,193	—	8,984	—
Owner-occupied	17,017		19,612	—	19,548	—
Total commercial and industrial	24,408		30,805	—	28,532	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	1,352	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	1,352	—
Total impaired loans with no related allowance recorded	$	65,256	125,470	—	90,590	—
With allowance recorded
Investment properties	$	81,758	83,963	5,413	129,289	3,690
1-4 family properties	80,625		81,357	11,442	94,773	2,645
Land acquisition	49,300		49,483	4,900	89,195	1,689
Total commercial real estate	211,683		214,803	21,755	313,257	8,024
Commercial, financial and agricultural	59,035		59,041	7,597	91,221	2,392
Owner-occupied	62,583		62,601	2,854	78,950	2,610
Total commercial and industrial	121,618		121,642	10,451	170,171	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	33,450		33,450	1,040	39,427	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	43,591		43,591	1,270	48,028	1,835
Total impaired loans with allowance recorded	$	376,892	380,036	33,476	531,456	14,861
Total impaired loans
Investment properties	$	97,126	104,200	5,413	154,600	3,690
1-4 family properties	83,606		91,877	11,442	100,214	2,645
Land acquisition	70,804		111,326	4,900	119,149	1,689
Total commercial real estate	251,536		307,403	21,755	373,963	8,024
Commercial, financial and agricultural	66,426		70,234	7,597	100,205	2,392
Owner-occupied	79,600		82,213	2,854	98,498	2,610
Total commercial and industrial	146,026		152,447	10,451	198,703	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	34,445		35,515	1,040	40,779	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	44,586		45,656	1,270	49,380	1,835
Total impaired loans	$	442,148	505,506	33,476	622,046	14,861

18

The average recorded investment in impaired loans was $754.3 million for the three months ended March 31, 2014. Excluding accruing TDRs, there was no interest income recognized for the investment in impaired loans for the three months ended March 31, 2014. Interest income recognized for accruing TDRs was $4.0 million for the three months ended March 31, 2014 . At March 31, 2015 and December 31, 2014, all impaired loans other than $313.4 million and $348.4 million, respectively, of accruing TDRs, were on non-accrual status.

Concessions provided in a TDR are primarily in the form of providing a below market interest rate given the borrower's credit risk, a period of time generally less than one year with a reduction of required principal and/or interest payments (e.g., interest only for a period of time), or extension of the maturity of the loan generally for less than one year. Insignificant periods of reduction of principal and/or interest payments, or one-time deferrals of 3 months or less, are generally not considered to be financial concessions.

19

The following tables represent, by concession type, the post-modification balance for loans modified or renewed during the three months ended March 31, 2015 and 2014 that were reported as accruing or non-accruing TDRs.

TDRs by Concession Type
	Three Months Ended March 31, 2015
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	3	$	—	16,932	3,604	20,536
1-4 family properties	13	14,823		2,856	150	17,829
Land acquisition	3	—		255	708	963
Total commercial real estate	19	14,823		20,043	4,462	39,328
Commercial, financial and agricultural	25	—		1,015	1,890	2,905
Owner-occupied	2	—		1,739	—	1,739
Total commercial and industrial	27	—		2,754	1,890	4,644
Home equity lines	11	—		975	135	1,110
Consumer mortgages	11	—		245	786	1,031
Credit cards	—	—		—	—	—
Other retail	6	—		257	64	321
Total retail	28	—		1,477	985	2,462
Total TDRs	74	$	14,823	24,274	7,337	46,434	(1	)

⁽¹⁾ Net charge-offs of $4.0 million were recorded during the three months ended March 31, 2015 upon restructuring of these loans.

TDRs by Concession Type
	Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	5	$	—	7,143	531	7,674
1-4 family properties	11	—		429	2,114	2,543
Land acquisition	1	—		—	534	534
Total commercial real estate	17	—		7,572	3,179	10,751
Commercial, financial and agricultural	21	—		1,791	4,282	6,073
Owner-occupied	7	—		2,488	2,818	5,306
Total commercial and industrial	28	—		4,279	7,100	11,379
Home equity lines	2	—		241	46	287
Consumer mortgages	1	—		101	—	101
Credit cards	—	—		—	—	—
Other retail	4	—		—	117	117
Total retail	7	—		342	163	505
Total TDRs	52	$	—	12,193	10,442	22,635	(2	)

^{(2) No} net charge-offs were recorded during the three months ended March 31, 2014 upon restructuring of these loans.

20

The following table presents TDRs that defaulted in the periods indicated and which were modified or renewed in a TDR within 12 months of the default date.

Troubled Debt Restructurings Entered Into That Subsequently Defaulted* During
	Three Months Ended March 31, 2015			Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Investment properties	—	$	—	1	$	186
1-4 family properties	—	—		—	—
Land acquisition	—	—		—	—
Total commercial real estate	—	—		1	186
Commercial, financial and agricultural	—	—		1	522
Owner-occupied	—	—		—	—
Total commercial and industrial	—	—		1	522
Home equity lines	1	34		—	—
Consumer mortgages	—	—		—	—
Credit cards	—	—		—	—
Other retail	1	81		—	—
Total retail	2	115		—	—
Total TDRs	2	$	115	2	$	708

^* Default is defined as the earlier of the troubled debt restructuring being placed on non-accrual status or reaching 90 days past due with respect to principal and/or interest payments.

If, at the time a loan was designated as a TDR, the loan was not already impaired, the measurement of impairment that resulted from the TDR designation changes from a general pool-level reserve to a specific loan measurement of impairment in accordance with ASC 310-10-35. Generally, the change in the allowance for loan losses resulting from such TDR designation is not significant. At March 31, 2015, the allowance for loan losses allocated to accruing TDRs totaling $313.4 million was $17.6 million compared to accruing TDRs of $348.4 million with an allocated allowance for loan losses of $21.0 million at December 31, 2014. Non-accrual, non-homogeneous loans (commercial-type impaired loans greater than $1 million) that are designated as TDRs, are individually measured for the amount of impairment, if any, both before and after the TDR designation.

21

Note 8 - Other Real Estate

The carrying value of ORE was $74.8 million and $85.5 million at March 31, 2015 and December 31, 2014, respectively. During the three months ended March 31, 2015 and 2014, $5.4 million and $12.9 million, respectively,of loans and other loans held for sale were foreclosed and transferred to other real estate at fair value less costs to sell. During the three months ended March 31, 2015 and 2014, Synovus recognized foreclosed real estate expense, net, of $9.5 million and $5.7 million, respectively. These expenses included write-downs for declines in fair value of ORE subsequent to the date of foreclosure and net realized losses resulting from sales transactions totaling $7.3 million and $4.8 million for the three months ended March 31, 2015 and 2014, respectively.

22

Note 9 - Other Comprehensive Income (Loss)

The following table illustrates activity within the balances in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and 2014.

Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)
(in thousands)	Net unrealized gains (losses) on cash flow hedges			Net unrealized gains (losses) on investment securities available for sale		Post-retirement unfunded health benefit		Total
Balance as of December 31, 2013	$	(13,099	)	(28,936	)	777		(41,258	)
Other comprehensive income before reclassifications	—			11,588		—		11,588
Amounts reclassified from accumulated other comprehensive income (loss)	69			(818	)	(44	)	(793	)
Net current period other comprehensive income	69			10,770		(44	)	10,795
Balance as of March 31, 2014	$	(13,030	)	(18,166	)	733		(30,463	)
Balance as of December 31, 2014	$	(12,824	)	(713	)	932		(12,605	)
Other comprehensive income before reclassifications	—			9,355		—		9,355
Amounts reclassified from accumulated other comprehensive income (loss)	69			(444	)	(26	)	(401	)
Net current period other comprehensive income	69			8,911		(26	)	8,954
Balance as of March 31, 2015	$	(12,755	)	8,198		906		(3,651	)

In accordance with ASC 740-20-45-11(b), a deferred tax asset valuation allowance associated with unrealized gains and losses not recognized in income is charged directly to other comprehensive income (loss). During the years 2010 and 2011, Synovus recorded a deferred tax asset valuation allowance associated with unrealized gains and losses not recognized in income directly to other comprehensive income (loss) by applying the portfolio approach for allocation of the valuation allowance. Synovus has consistently applied the portfolio approach which treats derivative financial instruments, equity securities, and debt securities as a single portfolio. As of March 31, 2015, the balance in net unrealized gains (losses) on cash flow hedges and net unrealized gains (losses) on investment securities available for sale includes unrealized losses of $12.1 million and $13.3 million, respectively, related to the residual tax effects remaining in OCI due to a previously established deferred tax asset valuation allowance. Under the portfolio approach, these unrealized losses are realized at the time the entire portfolio is sold or disposed.

23

The following table illustrates activity within the reclassifications out of accumulated other comprehensive income (loss), for the three months ended March 31, 2015 and 2014.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Details About Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)					Affected Line Item in the Statement Where Net Income is Presented
	For the Three Months Ended March 31,
	2015			2014
Net unrealized gains (losses) on cash flow hedges:
Amortization of deferred losses	$	(112	)	(112	)	Interest expense
	43			43		Income tax (expense) benefit
	$	(69	)	(69	)	Reclassifications, net of income taxes
Net unrealized gains (losses) on investment securities available for sale:
Realized gain on sale of securities	$	725		1,331		Investment securities gains, net
	(281		)	(513	)	Income tax (expense) benefit
	$	444		818		Reclassifications, net of income taxes
Post-retirement unfunded health benefit:
Amortization of actuarial gains	$	42		72		Salaries and other personnel expense
	(16		)	(28	)	Income tax (expense) benefit
	$	26		44		Reclassifications, net of income taxes

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Note 10 - Fair Value Accounting

Synovus carries various assets and liabilities at fair value based on the fair value accounting guidance under ASC 820, Fair Value Measurements, and ASC 825, Financial Instruments. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an “exit price”) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

Fair Value Hierarchy

Synovus determines the fair value of its financial instruments based on the fair value hierarchy established under ASC 820-10, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the financial instrument's fair value measurement in its entirety. There are three levels of inputs that may be used to measure fair value. The three levels of inputs of the valuation hierarchy are defined below:

Level 1	Quoted prices (unadjusted) in active markets for identical assets and liabilities for the instrument or security to be valued. Level 1 assets include marketable equity securities, U.S. Treasury securities, and mutual funds.
Level 2	Observable inputs other than Level 1 quoted prices, such as quoted prices for similar assets and liabilities in active markets, quoted prices in markets that are not active or model-based valuation techniques for which all significant assumptions are derived principally from or corroborated by observable market data. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined by using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. U.S. Government sponsored agency securities, mortgage-backed securities issued by U.S. Government sponsored enterprises and agencies, obligations of states and municipalities, collateralized mortgage obligations issued by U.S. Government sponsored enterprises, and mortgage loans held-for-sale are generally included in this category. Certain private equity investments that invest in publicly traded companies are also considered Level 2 assets.
Level 3	Unobservable inputs that are supported by little, if any, market activity for the asset or liability. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow models and similar techniques, and may also include the use of market prices of assets or liabilities that are not directly comparable to the subject asset or liability. These methods of valuation may result in a significant portion of the fair value being derived from unobservable assumptions that reflect Synovus' own estimates for assumptions that market participants would use in pricing the asset or liability. This category primarily includes collateral-dependent impaired loans, other real estate, certain equity investments, and private equity investments.

See Note 16 "Fair Value Accounting" to the consolidated financial statements of Synovus' 2014 Form 10-K for a description of valuation methodologies for assets and liabilities measured at fair value on a recurring and non-recurring basis.

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Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents all financial instruments measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014, according to the valuation hierarchy included in ASC 820-10. For equity and debt securities, class was determined based on the nature and risks of the investments. Transfers betweens levels for the period ended March 31, 2015 and December 31, 2014 were inconsequential.

	March 31, 2015
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		71	—	71
Collateralized mortgage obligations issued by   U.S. Government sponsored enterprises	—		3,390	—	3,390
State and municipal securities	—		646	—	646
All other mortgage-backed   securities	—		6,404	—	6,404
Other investments	179		9,312	—	9,491
Total trading securities	$	179	19,823	—	20,002
Mortgage loans held for sale	—		89,245	—	89,245
Investment securities available for sale:
U.S. Treasury securities	43,618		—	—	43,618
U.S. Government agency securities	—		25,495	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,207,669	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		568,571	—	568,571
State and municipal securities	—		5,108	—	5,108
Equity securities	7,173		—	—	7,173
Other investments(1)	2,073		15,036	1,654	18,763
Total investment securities available for sale	$	52,864	3,075,523	1,654	3,130,041
Private equity investments	—		1,045	27,081	28,126
Mutual funds held in rabbi trusts	11,384		—	—	11,384
Derivative assets:
Interest rate contracts	—		33,183	—	33,183
Mortgage derivatives(2)	—		2,311	—	2,311
Total derivative assets	$	—	35,494	—	35,494
Liabilities
Trading account liabilities	—		1,575	—	1,575
Derivative liabilities:
Interest rate contracts			33,856	—	33,856
Mortgage derivatives(2)	—		749	—	749
Visa derivative	—		—	1,425	1,425
Total derivative liabilities	$	—	34,605	1,425	36,030

26

	December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		145		145
Collateralized mortgage obligations issued by U.S. Government sponsored enterprises	—		2,449	—	2,449
State and municipal securities	—		1,976	—	1,976
All other mortgage-backed securities	—		2,483	—	2,483
Other investments	—		6,810	—	6,810
Total trading securities	$	—	13,863	—	13,863
Mortgage loans held for sale	—		63,328	—	63,328
Investment securities available for sale:
U.S. Treasury securities	42,826		—	—	42,826
U.S. Government agency securities	—		27,324	—	27,324
Securities issued by U.S. Government sponsored enterprises	—		82,042	—	82,042
Mortgage-backed securities issued by U.S. Government agencies	—		179,816	—	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,261,681	—	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		417,076	—	417,076
State and municipal securities	—		5,206	—	5,206
Equity securities	6,748		—	—	6,748
Other investments(1)	2,035		15,007	1,645	18,687
Total investment securities available for sale	$	51,609	2,988,152	1,645	3,041,406
Private equity investments	—		995	27,367	28,362
Mutual funds held in rabbi trusts	11,252		—	—	11,252
Derivative assets:
Interest rate contracts	—		30,904	—	30,904
Mortgage derivatives(2)	—		1,213	—	1,213
Total derivative assets	$	—	32,117	—	32,117
Liabilities
Trading account liabilities	—		2,100	—	2,100
Salary stock units	1,206		—	—	1,206
Derivative liabilities:
Interest rate contracts	—		31,398	—	31,398
Mortgage derivatives(2)			753		753
Visa derivative	—		—	1,401	1,401
Total derivative liabilities	$	—	32,151	1,401	33,552

⁽¹⁾ Based on an analysis of the nature and risks of these investments, Synovus has determined that presenting these investments as a single asset class is appropriate.

⁽²⁾ Mortgage derivatives consist of customer interest rate lock commitments that relate to the potential origination of mortgage loans, which would be classified as held for sale and forward loan sales commitments with third party investors.

27

Fair Value Option

The following table summarizes the difference between the fair value and the unpaid principal balance of mortgage loans held for sale measured at fair value and the changes in fair value of these loans. Mortgage loans held for sale are initially measured at fair value with subsequent changes in fair value recognized in earnings. Changes in fair value were recorded as a component of mortgage banking income in the consolidated statements of income. An immaterial portion of these changes in fair value was attributable to changes in instrument-specific credit risk.

Changes in Fair Value Included in Net Income
	For the Three Months Ended March 31,
(in thousands)	2015	2014
Mortgage loans held for sale	410	725

Mortgage Loans Held for Sale
(in thousands)	As of March 31, 2015		As of December 31, 2014
Fair value	$	89,245	63,328
Unpaid principal balance	86,995		61,488
Fair value less aggregate unpaid principal balance	$	2,250	1,840

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Changes in Level 3 Fair Value Measurements

As noted above, Synovus uses significant unobservable inputs (Level 3) in determining the fair value of assets and liabilities classified as Level 3 in the fair value hierarchy. The table below includes a roll-forward of the amounts on the consolidated balance sheet for the three months ended March 31, 2015 and 2014 (including the change in fair value), for financial instruments of a material nature that are classified by Synovus within Level 3 of the fair value hierarchy and are measured at fair value on a recurring basis. Transfers between fair value levels are recognized at the end of the reporting period in which the associated changes in inputs occur. During the first three months of 2015 and 2014, Synovus did not have any transfers between levels in the fair value hierarchy.

	Three Months Ended March 31,
	2015						2014
(in thousands)	Investment Securities Available for Sale		Private Equity Investments		Visa Derivative		Investment Securities Available for Sale		Private Equity Investments		Visa Derivative
Beginning balance, January 1,	$	1,645	27,367		(1,401	)	2,350		27,745		(2,706	)
Total gains (losses) realized/unrealized:
Included in earnings	—		(286	)	(375	)	(88	)	(250	)	(396	)
Unrealized gains (losses) included in other comprehensive income	9		—		—		137		—		—
Purchases	—		—		—		—		—		—
Sales	—		—		—		—		—		—
Issuances	—		—		—		—		—		—
Settlements	—		—		351		—		—		577
Amortization of discount/premium	—		—		—		—		—		—
Transfers in and/or out of Level 3	—		—		—		—		—		—
Ending balance, March 31,	$	1,654	27,081		(1,425	)	2,399		27,495		(2,525	)
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	$	—	(286	)	(375	)	(88	)	(250	)	(396	)

29

Assets Measured at Fair Value on a Non-recurring Basis

Certain assets are recorded at fair value on a non-recurring basis. These non-recurring fair value adjustments typically are a result of the application of lower of cost or fair value accounting or a write-down occurring during the period. For example, if the fair value of an asset in these categories falls below its cost basis, it is considered to be at fair value at the end of the period of the adjustment. The following table presents assets measured at fair value on a non-recurring basis as of the dates indicated for which there was a fair value adjustment during the period.

	March 31, 2015					December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total	Level 1	Level 2	Level 3	Total
Impaired loans*	$	—	—	3,282	3,282	—	—	28,588	28,588
Other loans held for sale	—		—	—	—	—	—	3,411	3,411
Other real estate	—		—	69,331	69,331	—	—	32,046	32,046
Other assets held for sale	$	—	—	—	—	—	—	3,718	3,718

The following table presents fair value adjustments recognized for the three months ended March 31, 2015 and 2014 for the assets measured at fair value on a non-recurring basis.

	Three Months Ended March 31,
(in thousands)	2015		2014
Impaired loans*	$	1,045	2,655
Other loans held for sale	—		303
Other real estate	6,681		2,637

^* Impaired loans that are collateral-dependent.

Quantitative Information about Level 3 Fair Value Measurements

The tables below provide an overview of the valuation techniques and significant unobservable inputs used in those techniques to measure financial instruments that are classified within Level 3 of the valuation hierarchy. The range of sensitivities that management utilized in its fair value calculations is deemed acceptable in the industry with respect to the identified financial instruments. The tables below present both the total balance as of the dates indicated for assets measured at fair value on a recurring basis and the assets measured at fair value on a non-recurring basis for which there was a fair value adjustment during the period.

30

March 31, 2015
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,654	Discounted cash flow analysis	Credit spread embedded in discount rate	485-585 bps (535 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,081	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies	N/A
Visa derivative liability	1,425	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

March 31, 2015
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	3,282	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 83% (34%) 0% - 10% (7%)
Other real estate	69,331		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 42% (8%) 0% - 10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, and other factors.

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December 31, 2014
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,645	Discounted cash flow analysis	Credit spread embedded in discount rate	600-675 bps (639 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,367	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies(2)	N/A
Visa derivative liability	1,401	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

December 31, 2014
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	28,588	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-100% (46%) 0%-10% (7%)
Other loans held for sale	3,411		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-11% (7%) 0%-10% (7%)
Other real estate	32,046		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-61% (16%) 0%-10% (7%)
Other assets held for sale	3,718		Third party appraised value of collateral less estimated selling costs or BOV	Discount to appraised value (2) Estimated selling costs	0%-100% (49%) 0%-10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low end of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, pending sales, and other factors.

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Sensitivity Analysis of Level 3 Unobservable Inputs Measured on a Recurring Basis

Included in the fair value estimates of financial instruments carried at fair value on the consolidated balance sheet are those estimated in full or in part using valuation techniques based on assumptions that are not supported by observable market prices, rates, or other inputs. Unobservable inputs are assessed carefully, considering the current economic environment and market conditions. However, by their very nature, unobservable inputs imply a degree of uncertainty in their determination, because they are supported by little, if any, market activity for the related asset or liability.

Investment Securities Available for Sale

The significant unobservable inputs used in the fair value measurement of the corporate obligations in Level 3 assets are the credit spread embedded in the discount rate and the discount for lack of liquidity. Generally, a change in one or more assumptions, and the degree or sensitivity of the change used, can have a significant impact on fair value. With regard to the trust preferred securities in Level 3 assets, raising the credit spread, and raising the discount for lack of liquidity assumptions will result in a lower fair value measurement.

Private Equity Investments

In the absence of quoted market prices, inherent lack of liquidity, and the long-term nature of private equity investments, significant judgment is required to value these investments. The significant unobservable inputs used in the fair value measurement of private equity investments include current operations, financial condition, and cash flows, comparables and private sales, when available, and recently executed financing transactions related to investee companies. Significant increases or decreases in any of these inputs in isolation would result in a significantly lower or higher fair value measurement.

Visa Derivative Liability

The fair value of the Visa derivative contract is determined based on management's estimate of the timing and amount of the Covered Litigation settlement, and the resulting payments due to the counterparty under the terms of the contract. Significant changes in any of these inputs in isolation could result in a significantly higher (lower) valuation of the Visa derivative liability. Also, additional funding into the escrow generally results in a proportional increase in our derivative liability.

Fair Value of Financial Instruments

The following table presents the carrying and fair values of financial instruments at March 31, 2015 and December 31, 2014. The fair value represents management’s best estimates based on a range of methodologies and assumptions. For financial instruments that are not recorded at fair value on the balance sheet, such as loans, interest bearing deposits (including brokered deposits), and long-term debt, the fair value amounts should not be taken as an estimate of the amount that would be realized if all such financial instruments were to be settled immediately.

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The carrying and estimated fair values of financial instruments, as well as the level within the fair value hierarchy, as of March 31, 2015 and December 31, 2014 are as follows:

	March 31, 2015
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	429,338	429,338	429,338	—	—
Interest bearing funds with Federal Reserve Bank	1,263,886		1,263,886	1,263,886	—	—
Interest earning deposits with banks	6,871		6,871	6,871	—	—
Federal funds sold and securities purchased under resale agreements	80,772		80,772	80,772	—	—
Trading account assets	20,002		20,002	179	19,823	—
Mortgage loans held for sale	89,245		89,245	—	89,245	—
Other loans held for sale	1,082		1,082	—	—	1,082
Investment securities available for sale	3,130,041		3,130,041	52,864	3,075,523	1,654
Private equity investments	28,126		28,126	—	1,045	27,081
Mutual funds held in rabbi trusts	11,384		11,384	11,384	—	—
Loans, net of deferred fees and costs	21,106,213		20,877,101	—	—	20,877,101
Derivative assets	35,494		35,494	—	35,494	—
Financial liabilities
Trading account liabilities	1,575		1,575	—	1,575	—
Non-interest bearing deposits	6,251,393		6,251,393	—	6,251,393	—
Interest bearing deposits	15,856,456		15,848,697	—	15,848,697	—
Federal funds purchased and securities sold under repurchase agreements	125,323		125,323	125,323	—	—
Long-term debt	2,189,769		2,243,405	—	2,243,405	—
Derivative liabilities	$	36,030	36,030	—	34,605	1,425

	December 31, 2014
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	485,489	485,489	485,489	—	—
Interest bearing funds with Federal Reserve Bank	721,362		721,362	721,362	—	—
Interest earning deposits with banks	11,810		11,810	11,810	—	—
Federal funds sold and securities purchased under resale agreements	73,111		73,111	73,111	—	—
Trading account assets	13,863		13,863	—	13,863	—
Mortgage loans held for sale	63,328		63,328	—	63,328	—
Other loans held for sale	3,606		3,606	—	—	3,606
Investment securities available for sale	3,041,406		3,041,406	51,609	2,988,152	1,645
Private equity investments	28,362		28,362	—	995	27,367
Mutual funds held in rabbi trusts	11,252		11,252	11,252	—	—
Loans, net of deferred fees and costs	21,097,699		20,872,939	—	—	20,872,939
Derivative assets	32,117		32,117	—	32,117	—
Financial liabilities
Trading account liabilities	2,100		2,100	—	2,100	—
Non-interest bearing deposits	6,228,472		6,228,472	—	6,228,472	—
Interest bearing deposits	15,303,228		15,299,372	—	15,299,372	—
Federal funds purchased and securities sold under repurchase agreements	126,916		126,916	126,916	—	—
Salary stock units	1,206		1,206	1,206	—	—
Long-term debt	2,140,319		2,191,279	—	2,191,279	—
Derivative liabilities	$	33,553	33,553	—	32,151	1,401

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Note 11 - Derivative Instruments

As part of its overall interest rate risk management activities, Synovus utilizes derivative instruments to manage its exposure to various types of interest rate risk. These derivative instruments generally consist of interest rate swaps, interest rate lock commitments made to prospective mortgage loan customers, and commitments to sell fixed-rate mortgage loans. Interest rate lock commitments represent derivative instruments since it is intended that such loans will be sold.

Synovus may also utilize interest rate swaps to manage interest rate risks primarily arising from its core banking activities. These interest rate swap transactions generally involve the exchange of fixed and floating interest rate payment obligations without the exchange of underlying principal amounts. Swaps may be designated as either cash flow hedges or fair value hedges, as discussed below. As of March 31, 2015 and December 31, 2014, Synovus had no outstanding interest rate swap contracts utilized to manage interest rate risk.

Synovus is party to master netting arrangements with its dealer counterparties; however, Synovus does not offset assets and liabilities under these arrangements for financial statement presentation purposes.

Counterparty Credit Risk and Collateral

Entering into derivative contracts potentially exposes Synovus to the risk of counterparties’ failure to fulfill their legal obligations, including, but not limited to, potential amounts due or payable under each derivative contract. Notional principal amounts are often used to express the volume of these transactions, but the amounts potentially subject to credit risk are much smaller. Synovus assesses the credit risk of its dealer counterparties by regularly monitoring publicly available credit rating information and other market indicators. Dealer collateral requirements are determined via risk-based policies and procedures and in accordance with existing agreements. Synovus seeks to minimize dealer credit risk by dealing with highly rated counterparties and by obtaining collateral for exposures above certain predetermined limits. Management closely monitors credit conditions within the customer swap portfolio, which management deems to be of higher risk than dealer counterparties. Collateral is secured at origination and credit related fair value adjustments are recorded against the asset value of the derivative as deemed necessary based upon an analysis, which includes consideration of the current asset value of the swap, customer credit rating, collateral value, and customer standing with regards to its swap contractual obligations and other related matters. Such asset values fluctuate based upon changes in interest rates regardless of changes in notional amounts and changes in customer specific risk.

Cash Flow Hedges

Synovus designates hedges of floating rate loans as cash flow hedges. These swaps hedge against the variability of cash flows from specified pools of floating rate prime based loans. Synovus calculates effectiveness of the hedging relationship quarterly using regression analysis. The effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. Ineffectiveness from cash flow hedges is recognized in the consolidated statements of income as a component of other non-interest income. As of March 31, 2015, there were no cash flow hedges outstanding, and therefore, no cumulative ineffectiveness.

Synovus expects to reclassify from accumulated other comprehensive income (loss) $447 thousand of interest expense during the next twelve months as amortization of deferred losses is recorded.

Synovus did not terminate any cash flow hedges during 2015 or 2014. The remaining unamortized deferred net loss balance of all previously terminated cash flow hedges at March 31, 2015 and December 31, 2014 was $(1.0) million and $(1.1) million, respectively.

Fair Value Hedges

Synovus designates hedges of fixed rate liabilities as fair value hedges. These swaps hedge against the change in fair value of various fixed rate liabilities due to changes in the benchmark interest rate, LIBOR. Synovus calculates effectiveness of the fair value hedges quarterly using regression analysis. Ineffectiveness from fair value hedges is recognized in the consolidated statements of income as a component of other non-interest income. As of March 31, 2015, there were no fair value hedges outstanding, and therefore, no cumulative ineffectiveness.

Synovus did not terminate any fair value hedges during 2015 or 2014. The remaining unamortized deferred gain balance on all previously terminated fair value hedges at March 31, 2015 and December 31, 2014 was $6.8 millionand $7.6 million, respectively. Synovus expects to reclassify from hedge-related basis adjustment, a component of long-term debt, $3.1 million of the deferred gain balance on previously terminated fair value hedges as a reduction to interest expense during the next twelve months as amortization of deferred gains is recorded.

Customer Related Derivative Positions

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Synovus enters into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking customers. Synovus mitigates this risk by entering into equal and offsetting interest rate swap agreements with highly rated third party financial institutions. The interest rate swap agreements are free-standing derivatives and are recorded at fair value on Synovus' consolidated balance sheet. Fair value changes are recorded in non-interest income in Synovus' consolidated statements of income. As of March 31, 2015, the notional amount of customer related interest rate derivative financial instruments, including both the customer position and the offsetting position, was $1.11 billion, an increase of $20.6 million compared to December 31, 2014.

Visa Derivative

In conjunction with the sale of Class B shares of common stock issued by Visa to Synovus as a Visa USA member, Synovus entered into a derivative contract with the purchaser, which provides for settlements between the parties based upon a change in the ratio for conversion of Visa Class B shares to Visa Class A shares. The conversion ratio changes when Visa deposits funds to a litigation escrow established by Visa to pay settlements for certain litigation, for which Visa is indemnified by Visa USA members. The litigation escrow is funded by proceeds from Visa’s conversion of Class B shares. The fair value of the derivative contract was $1.4 million at March 31, 2015 and December 31, 2014, respectively. The fair value of the derivative contract is determined based on management's estimate of the timing and amount of the Covered Litigation settlement, and the resulting payments due to the counterparty under the terms of the contract.

Mortgage Derivatives

Synovus originates first lien residential mortgage loans for sale into the secondary market. Mortgage loans are sold by Synovus for conversion to securities and the servicing of these loans is generally sold to a third-party servicing aggregator, or Synovus sells the mortgage loans as whole loans to investors either individually or in bulk on a servicing released basis.

Synovus enters interest rate lock commitments for residential mortgage loans which commits it to lend funds to a potential borrower at a specific interest rate and within a specified period of time. Interest rate lock commitments that relate to the origination of mortgage loans that, if originated, will be held for sale, are considered derivative financial instruments under applicable accounting guidance. Outstanding interest rate lock commitments expose Synovus to the risk that the price of the mortgage loans underlying the commitments may decline due to increases in mortgage interest rates from inception of the rate lock to the funding of the loan.

At March 31, 2015 and December 31, 2014, Synovus had commitments to fund at a locked interest rate, primarily fixed-rate mortgage loans to customers in the amount of $125.5 million and $73.4 million, respectively. The fair value of these commitments resulted in a gain of $1.1 million and $649 thousand for the three months ended March 31, 2015 and 2014, respectively, which was recorded as a component of mortgage banking income in the consolidated statements of income.

At March 31, 2015 and December 31, 2014, outstanding commitments to sell primarily fixed-rate mortgage loans amounted to $170.5 million and $113.0 million, respectively. Such commitments are entered into to reduce the exposure to market risk arising from potential changes in interest rates, which could affect the fair value of mortgage loans held for sale and outstanding rate lock commitments, which guarantee a certain interest rate if the loan is ultimately funded or granted by Synovus as a mortgage loan held for sale. The commitments to sell mortgage loans are at fixed prices and are scheduled to settle at specified dates that generally do not exceed 90 days. The fair value of outstanding commitments to sell mortgage loans resulted in a gain of $5 thousand and a loss of $(969) thousand for the three months ended March 31, 2015 and 2014, respectively, which was recorded as a component of mortgage banking income in the consolidated statements of income.

Collateral Contingencies

Certain derivative instruments contain provisions that require Synovus to maintain an investment grade credit rating from each of the major credit rating agencies. When Synovus’ credit rating falls below investment grade, these provisions allow the counterparties of the derivative instrument to demand immediate and ongoing full collateralization on derivative instruments in net liability positions and, for certain counterparties, request immediate termination. As Synovus’ current rating is below investment grade, Synovus is required to post collateral, as required by each agreement, against these positions. Additionally, as of June 10, 2013, the CCC became mandatory for certain trades as required under the Dodd-Frank Act. These derivative transactions also carry collateral requirements, both at the inception of the trade, and as the value of each derivative position changes. As trades are migrated to the CCC, dealer counterparty exposure will be reduced, and higher notional amounts of Synovus' derivative instruments will be housed at the CCC, a highly regulated and well-capitalized entity. As of March 31, 2015, collateral totaling $67.5 million consisting of Federal funds sold was pledged to the derivative counterparties, including $7.6 million with the CCC, to comply with collateral requirements.

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The impact of derivative instruments on the consolidated balance sheets at March 31, 2015 and December 31, 2014 is presented below.

	Fair Value of Derivative Assets				Fair Value of Derivative Liabilities
(in thousands)	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014
Derivatives not designated   as hedging instruments:
Interest rate contracts	Other assets	$	33,183	30,904	Other liabilities	$	33,856	31,398
Mortgage derivatives	Other assets	2,311		1,213	Other liabilities	749		753
Visa derivative		—		—	Other liabilities	1,425		1,401
Total derivatives not   designated as hedging   instruments		$	35,494	32,117		$	36,030	33,552

The pre-tax effect of fair value hedges on the consolidated statements of income for the three months ended March 31, 2015 and 2014 is presented below.

	Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income
(in thousands)		Three Months Ended March 31,
Derivatives not designated as hedging instruments		2015			2014
Interest rate contracts(1)	Other non-interest income	$	(179	)	104
Mortgage derivatives(2)	Mortgage banking income	1,102			(320	)
Total		$	923		(216	)

⁽¹⁾ Gain (loss) represents net fair value adjustments (including credit related adjustments) for customer swaps and offsetting positions.

⁽²⁾ Gain (loss) represents net fair value adjustments recorded for interest rate lock commitments and commitments to sell mortgage loans to third party investors.

During the three months ended March 31, 2015 and 2014, Synovus reclassified $774 thousand and $914 thousand, respectively, from hedge-related basis adjustment, a component of long-term debt, as a reduction to interest expense. These deferred gains relate to hedging relationships that have been previously terminated and are reclassified into earnings over the remaining life of the hedged items.

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Note 12 - Net Income Per Common Share

The following table displays a reconciliation of the information used in calculating basic and diluted earnings per common share for the three months ended March 31, 2015 and 2014.

	Three Months Ended March 31,
(in thousands, except per share data)	2015		2014
Basic Net Income Per Common Share:
Net income available to common shareholders	$	51,404	45,857
Weighted average common shares outstanding	134,933		138,932
Net income per common share, basic	0.38		0.33
Diluted Net Income Per Common Share:
Net income available to common shareholders	51,404		45,857
Weighted average common shares outstanding	134,933		138,932
Potentially dilutive shares from assumed exercise of securities or other contracts to purchase common stock	811		572
Weighted average diluted common shares	135,744		139,504
Net income per common share, diluted	0.38		0.33

A reverse stock split became effective on May 16, 2014, and Synovus' shares of common stock began trading on a post-split basis on the NYSE at the opening of trading on May 19, 2014. Share and per share amounts for prior periods included in this Report have been adjusted to reflect the one-for-seven reverse stock split.  

Basic net income per common share is computed by dividing net income by the average common shares outstanding for the period. Diluted net income per common share reflects the dilution that could occur if securities or other contracts to issue common stock were exercised or converted. The dilutive effect of outstanding options and restricted share units is reflected in diluted net income per common share, unless the impact is anti-dilutive, by application of the treasury stock method.

As of March 31, 2015 and 2014, there were 3.1 million and 3.5 million, respectively, potentially dilutive shares related to common stock options and Warrants to purchase shares of common stock that were outstanding during 2015 and 2014, but were not included in the computation of diluted net income per common share because the effect would have been anti-dilutive.

Note 13 - Share-based Compensation

General Description of Share-based Plans

Synovus has a long-term incentive plan under which the Compensation Committee of the Board of Directors has the authority to grant share-based awards to Synovus employees. At March 31, 2015, Synovus had a total of 6,696,079 shares of its authorized but unissued common stock reserved for future grants under the 2013 Omnibus Plan. The 2013 Omnibus Plan authorizes 8,571,429 common share equivalents available for grant, where grants of options count as one share equivalent and grants of full value awards (e.g., restricted share units, market restricted share units, and performance share units) count as two share equivalents. Any restricted share units that are forfeited and options that expire unexercised will again become available for issuance under the Plan. The Plan permits grants of share-based compensation including stock options, restricted share units, market restricted share units, and performance share units. The grants generally include vesting periods ranging from three to five years and contractual terms of ten years. Stock options are granted at exercise prices which equal the fair value of a share of common stock on the grant-date. Synovus has historically issued new shares to satisfy share option exercises and share unit conversions. Dividend equivalents are paid on outstanding restricted share units, market restricted share units, and performance share units in the form of additional restricted share units that vest over the same vesting period or the vesting period left on the original restricted share unit grant.

Share-based Compensation Expense

Share-based compensation costs associated with employee grants are recorded as a component of salaries and other personnel expense in the consolidated statements of income. Share-based compensation costs associated with grants made to non-employee directors of Synovus are recorded as a component of other operating expenses. Total share-based compensation expense was $3.2 million for the three months ended March 31, 2015 and $2.2 million for the three months ended March 31, 2014.

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Stock Options

No stock option grants were made during the three months ended March 31, 2015. At March 31, 2015, there were 2,361,598 outstanding options to purchase shares of common stock with a weighted average exercise price of $45.13.

Restricted Share Units, Performance Share Units, and Market Restricted Share Units

During the three months ended March 31, 2015, Synovus awarded 291,754 restricted share units that have a service-based vesting period of three years and awarded 82,152 performance share units that vest upon service conditions and performance conditions. Synovus also granted 82,152 market restricted share units during the three months ended March 31, 2015. The weighted average grant-date fair value of the awarded restricted share units, performance share units and market restricted share units was $28.30 per share. Market restricted share units and performance share units are granted at target and are compared annually to required market and performance metrics. The performance share units vest upon meeting certain service and performance conditions. Return on average assets (ROAA) performance will be evaluated each year over a three-year performance period, with share distribution determined at the end of the three years. The number of performance share units that will ultimately vest ranges from 0% to 150% of target based on Synovus' three-year weighted average ROAA (as defined). The market restricted share units have a three-year service-based vesting component as well as a total shareholder return multiplier. The number of market restricted share units that will ultimately vest ranges from 75% to 125% of target based on Synovus' total shareholder return (TSR). At March 31, 2015, including dividend equivalents granted, there were 1,099,065 restricted share units, performance share units and market restricted share units outstanding with a weighted average grant-date fair value of $24.80.

Note 14 - Legal Proceedings

Synovus and its subsidiaries are subject to various legal proceedings and claims that arise in the ordinary course of its business. Additionally, in the ordinary course of business, Synovus and its subsidiaries are subject to regulatory examinations, information gathering requests, inquiries and investigations. Synovus, like many other financial institutions, has been the target of numerous legal actions and other proceedings asserting claims for damages and related relief for losses resulting from the recent financial crisis. These actions include claims and counterclaims asserted by individual borrowers related to their loans and allegations of violations of state and federal laws and regulations relating to banking practices, including several purported putative class action matters. In addition to actual damages if Synovus does not prevail in such asserted legal action, credit-related litigation could result in additional write-downs or charge-offs of assets, which could adversely affect Synovus' results of operations during the period in which the write-down or charge-off occurred.

Synovus carefully examines and considers each legal matter, and, in those situations where Synovus determines that a particular legal matter presents loss contingencies that are both probable and reasonably estimable, Synovus establishes an appropriate accrual. An event is considered to be probable if the future event is likely to occur. While the final outcome of any legal proceeding is inherently uncertain, based on the information currently available, advice of counsel and available insurance coverage, management believes that the amounts accrued with respect to legal matters as of March 31, 2015 are adequate. The actual costs of resolving legal claims may be higher or lower than the amounts accrued.

In addition, where Synovus determines that there is a reasonable possibility of a loss in respect of legal matters, including those legal matters described below, Synovus considers whether it is able to estimate the total reasonably possible loss or range of loss. An event is "reasonably possible" if "the chance of the future event or events occurring is more than remote but less than likely." An event is "remote" if "the chance of the future event occurring is more than slight but less than reasonably possible." In many situations, Synovus may be unable to estimate reasonably possible losses due to the preliminary nature of the legal matters, as well as a variety of other factors and uncertainties. For those legal matters where Synovus is able to estimate a range of reasonably possible losses, management currently estimates the aggregate range from our outstanding litigation, including, without limitation, the matters described below, is from zero to $15 million in excess of the amounts accrued, if any, related to those matters. This estimated aggregate range is based upon information currently available to Synovus, and the actual losses could prove to be higher. As there are further developments in these legal matters, Synovus will reassess these matters, and the estimated range of reasonably possible losses may change as a result of this assessment. Based on Synovus' current knowledge and advice of counsel, management presently does not believe that the liabilities arising from these legal matters will have a material adverse effect on Synovus' consolidated financial condition, results of operations or cash flows. However, it is possible that the ultimate resolution of these legal matters could have a material adverse effect on Synovus' results of operations for any particular period.

Synovus intends to vigorously pursue all available defenses to these legal matters, but will also consider other alternatives, including settlement, in situations where there is an opportunity to resolve such legal matters on terms that Synovus considers to be favorable, including in light of the continued expense and distraction of defending such legal matters. Synovus also maintains insurance coverage, which may (or may not) be available to cover legal fees, or potential losses that might be incurred in connection with the legal matters described below. The above-noted estimated range of reasonably possible losses does not take into consideration insurance coverage which may or may not be available for the respective legal matters.

Posting Order Litigation

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On September 21, 2010, Synovus, Synovus Bank and CB&T were named as defendants in a putative multi-state class action relating to the manner in which Synovus Bank charges overdraft fees to customers. The case, Childs et al. v. Columbus Bank and Trust et al., was filed in the Northern District of Georgia, Atlanta Division, and asserts claims for breach of contract and breach of the covenant of good faith and fair dealing, unconscionability, conversion and unjust enrichment for alleged injuries suffered by plaintiffs as a result of Synovus Bank's assessment of overdraft charges in connection with its POS/debit and automated-teller machine cards allegedly resulting from the sequence used to post payments to the plaintiffs' accounts. On October 25, 2010, the Childs case was transferred to a multi-district proceeding in the Southern District of Florida. In Re: Checking Account Overdraft Litigation, MDL No. 2036. Plaintiffs amended their complaint on October 21, 2011. The Synovus entities filed a motion to dismiss the amended complaint on November 22, 2011. On July 26, 2012, the court denied the motion as to Synovus and Synovus Bank, but granted the motion as to CB&T. Synovus and Synovus Bank filed their answer to the amended complaint on September 24, 2012.

On August 23, 2014, Synovus reached a settlement in principle with plaintiffs' counsel to settle the Posting Order Litigation. Under the settlement in principle, Synovus shall cause to be paid $3.75 million plus payment of $150,000 in settlement expenses (the "Posting Order Settlement Payment") in exchange for broad releases, dismissal with prejudice of the Posting Order Litigation and other material and customary terms and conditions. The District Court granted final approval of the Posting Order Settlement Payment on April 2, 2015.

TelexFree Litigation

On October 22, 2014, several pending lawsuits were consolidated into a multi-district putative class action case captioned In re: TelexFree Securities Litigation, MDL Number 4:14-md2566-TSH, United States District Court District of Massachusteets. Synovus Financial Corp. and Synovus Bank were named as defendants with numerous other defendants in the purported class action lawsuit.   An Amended Complaint was filed on March 31, 2015 which consolidated and amended the claims previously asserted. The claims against Synovus Financial Corp. were dismissed by Plaintiffs on April 10, 2015 so now, as to Synovus- related entities, only claims against Synovus Bank remain pending.   TelexFree was a merchant customer of Base Commerce, LLC “Base Commerce”, an independent sales organization/member service provider sponsored by Synovus Bank. The purported class action lawsuit generally alleges that TelexFree engaged in an improper multi-tier marketing scheme involving voice-over Internet protocol telephone services and that the various defendants, including Synovus Bank, provided financial services to TelexFree that allowed TelexFree to conduct its business operations.

Synovus Bank believes it has substantial defenses related to these purported claims and intends to vigorously defend the claims asserted. Synovus currently cannot reasonably estimate losses attributable to this matter.

ITEM 2. – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

In this Report, the words “Synovus,” “the Company,” “we,” “us,” and “our” refer to Synovus Financial Corp. together with Synovus Bank and Synovus' other wholly-owned subsidiaries, except where the context requires otherwise.

FORWARD-LOOKING STATEMENTS

Certain statements made or incorporated by reference in this Report which are not statements of historical fact including those under "Management's Discussion and Analysis of Financial Condition and Results of Operations," and elsewhere in this Report, constitute forward-looking statements within the meaning of, and subject to the protections of, Section 27A of the Securities Act, and Section 21E of the Exchange Act. Forward-looking statements include statements with respect to Synovus' beliefs, plans, objectives, goals, targets, expectations, anticipations, assumptions, estimates, intentions and future performance and involve known and unknown risks, many of which are beyond Synovus' control and which may cause Synovus' actual results, performance or achievements or the commercial banking industry or economy generally, to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as “believes,” “anticipates,” “expects,” “may,” “will,” “assumes,” “predicts,” “could,” “should,” “would,” “intends,” “targets,” “estimates,” “projects,” “plans,” “potential” and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the commercial banking industry and economy in general. Forward-looking statements are based on the current beliefs and expectations of Synovus' management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this document. Many of these factors are beyond Synovus' ability to control or predict. These factors include, but are not limited to:

(1) the risk that competition in the financial services industry may adversely affect our future earnings and growth;

(2) the risk that we may not realize the expected benefits from our efficiency and growth initiatives, which will negatively affect our future profitability;

(3) the risk that we may be required to make substantial expenditures to keep pace with the rapid technological changes in the financial services market;

(4) the risk that our enterprise risk management framework may not identify or address risks adequately, which may result in unexpected losses;

(5) the risk that our allowance for loan losses may prove to be inadequate or may be negatively affected by credit risk exposures;

(6) the risk that any future economic downturn could have a material adverse effect on our capital, financial condition, results of operations and future growth;

(7) the risk that we could realize additional losses if our levels of non-performing assets increase and/or if we determine to sell certain non-performing assets and the proceeds we receive are lower than the carrying value of such assets;

(8) changes in the interest rate environment and competition in our primary market area may result in increased funding costs or reduced earning assets yields, thus reducing margins and net interest income;

(9) the risk that if we pursue acquisitions in the future as part of our growth strategy, we may not be able to complete such acquisitions or successfully integrate bank or nonbank acquisitions into our existing operations;

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(10) risks related to a failure in or breach of our operational or security systems of our infrastructure, or those of our third-party vendors and other service providers, including as a result of cyber attacks, which could disrupt our businesses, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase our costs or cause losses;

(11) risks related to our reliance on third parties to provide key components of our business infrastructure, including the costs of services and products provided to us by third parties, and risks related to disruptions in service or financial difficulties of a third-party vendor;

(12) the impact on our financial results, reputation, and business if we are unable to comply with all applicable federal and state regulations, or other supervisory actions or directives and any necessary capital initiatives;

(13) the impact of recent and proposed changes in governmental policy, laws and regulations, including proposed and recently enacted changes in the regulation of banks and financial institutions, or the interpretation or application thereof, including restrictions, increased capital requirements, limitations and/or penalties arising from banking, securities and insurance laws, enhanced regulations and examinations and restrictions on compensation;

(14) the risks that if economic conditions worsen or regulatory capital rules are modified, or the results of mandated “stress testing” do not satisfy certain criteria, we may be required to undertake additional strategic initiatives to improve our capital position;

(15) changes in the cost and availability of funding due to changes in the deposit market and credit market, or the way in which we are perceived in such markets, including a downgrade in our credit ratings;

(16) the impact on our borrowing costs, capital costs and our liquidity due to our status as a non-investment grade issuer;

(17) restrictions or limitations on access to funds from historical and alternative sources of liquidity could adversely affect our overall liquidity, which could restrict our ability to make payments on our obligations and our ability to support asset growth and sustain our operations and the operations of Synovus Bank;

(18) the risk that we may be unable to pay dividends on our common stock or Series C Preferred Stock or obtain any applicable regulatory approval to take certain capital actions, including any increases in dividends on our common stock, any repurchases of common stock (including repurchases under the current share repurchase program) or any other issuance or redemption of any other regulatory capital instruments;

(19) our ability to receive dividends from our subsidiaries could affect our liquidity, including our ability to pay dividends or take other capital actions (including repurchases under the current share repurchase program);

(20) the risk that for our deferred tax assets, we may be required to increase the valuation allowance in future periods, or we may not be able to realize all of the deferred tax assets in the future;

(21) the risk that we could have an “ownership change” under Section 382 of the IRC, which could impair our ability to timely and fully utilize our net operating losses and built-in losses that may exist when such “ownership change” occurs;

(22) risks related to recent and proposed changes in the mortgage banking industry, including the risk that we may be required to repurchase mortgage loans sold to third parties and the impact of the “ability to pay” and “qualified mortgage” rules on our loan origination process and foreclosure proceedings;

(23) the costs and effects of litigation, investigations, inquiries or similar matters, or adverse facts and developments related thereto;

(24) risks related to the fluctuation in our stock price;

(25) the effects of any damages to Synovus' reputation resulting from developments related to any of the items identified above; and

(26) other factors and other information contained in this Report, other reports and filings that we make with the SEC under the Exchange Act, including, without limitation, those found in “Part I-Item 1A. Risk Factors” of Synovus' 2014 Form 10-K.

For a discussion of these and other risks that may cause actual results to differ from expectations, refer to “Part I-Item 1A. Risk Factors” and other information contained in Synovus' 2014 Form 10-K and our other periodic filings, including quarterly reports on Form 10-Q and current reports on Form 8-K, that we file from time to time with the SEC. All written or oral forward-

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looking statements that are made by or are attributable to Synovus are expressly qualified by this cautionary notice. You should not place undue reliance on any forward-looking statements since those statements speak only as of the date on which the statements are made. Synovus undertakes no obligation to update any forward-looking information and statements, whether written or oral, to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of new information or unanticipated events, except as may otherwise be required by law.

INTRODUCTION AND CORPORATE PROFILE

Synovus Financial Corp. is a financial services company and a registered bank holding company headquartered in Columbus, Georgia. We provide integrated financial services including commercial and retail banking, financial management, insurance and mortgage services to our customers through 28 locally-branded banking divisions of our wholly-owned subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee.

The following financial review summarizes the significant trends affecting Synovus’ results of operations and financial condition for the three months ended March 31, 2015 and 2014. This discussion supplements, and should be read in conjunction with, the unaudited interim consolidated financial statements and notes thereto contained elsewhere in this Report and the consolidated financial statements of Synovus, the notes thereto, and management’s discussion and analysis contained in Synovus’ 2014 Form 10-K.

Management's Discussion and Analysis of Financial Condition and Results of Operations consist of:

ŸDiscussion of Results of Operations - Reviews Synovus' financial performance, as well as selected balance sheet items,

items from the statements of income, and certain key ratios that illustrate Synovus' performance.

ŸCredit Quality, Capital Resources and Liquidity - Discusses credit quality, market risk, capital resources, and liquidity,

as well as performance trends. It also includes a discussion of liquidity policies, how Synovus obtains funding, and related

performance.

ŸAdditional Disclosures - provides comments on additional important matters including other contingencies, critical

accounting policies and non-GAAP financial measures used within this Report.

A reading of each section is important to understand fully the nature of our financial performance.

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DISCUSSION OF RESULTS OF OPERATIONS

Consolidated Financial Highlights

	Three Months Ended March 31,
(dollars in thousands, except per share data)	2015			2014	Change
Net interest income	$	203,263		200,514	1.4%
Provision for loan losses	4,397			9,511	(53.8	)
Non-interest income	65,854			70,182	(6.2	)
Adjusted non-interest income(1)	65,129			63,062	3.3
Non-interest expense	178,908			184,161	(2.9	)
Adjusted non-interest expense(1)	167,367			167,060	0.2
Income before income taxes	85,812			77,024	11.4
Adjusted pre-tax, pre-credit costs income(1)	101,025			96,516	4.7
Net income	53,963			48,416	11.5
Net income available to common shareholders	51,404			45,857	12.1
Net income per common share, basic	0.38			0.33	15.4
Net income per common share, diluted	0.38			0.33	15.2
Net interest margin	3.28		%	3.39	(11) bps
Net charge-off ratio	0.23			0.30	(7) bps

	March 31, 2015			December 31, 2014	Sequential Quarter Change	March 31, 2014			Year Over Year Change
(dollars in thousands, except per share data)
Loans, net of deferred fees and costs	$	21,106,213		21,097,699	8,514	$	20,159,004		947,209
Total deposits	22,107,849			21,531,700	576,149	20,950,891			1,156,958
Total average deposits	21,615,049			21,336,007	279,042	20,725,259			889,790
Average core deposits(1)	20,020,227			19,733,653	286,574	19,490,412			529,815
Average core deposits excluding average state, county, and municipal (SCM) deposits(1)	17,796,034			17,548,896	247,138	17,125,316			670,718
Non-performing assets ratio	1.28		%	1.35	(7) bps	2.46		%	(118) bps
Non-performing loans ratio	0.92			0.94	(2) bps	1.91			(99) bps
Past due loans over 90 days	0.02			0.02	—	0.03			(1) bp
Tier 1 capital(2)	$	2,592,618		2,543,625	48,993	$	2,430,790		161,828
Common equity Tier 1 capital (transitional)(2)	2,592,618			N/A	N/A	N/A			N/A
Tier 1 common equity(1)(2)	N/A			2,407,645	N/A	2,294,810			N/A
Total risk-based capital(2)	3,039,552			2,987,406	52,146	2,981,130			58,422
Tier 1 capital ratio(2)	10.80		%	10.86	(6) bps	10.85		%	(5) bps
Common equity Tier 1 capital ratio (transitional)(2)	10.80			N/A	N/A	N/A			N/A
Tier 1 common equity ratio(1)(2)	N/A			10.28	N/A	10.24			N/A
Total risk-based capital ratio(2)	12.66			12.75	(9) bps	13.31			(65) bps
Total shareholders’ equity to total assets ratio	10.97			11.24	(27) bps	11.34			(37) bps
Tangible common equity to tangible assets ratio(1)	10.43			10.69	(26) bps	10.78			(35) bps

⁽¹⁾  See reconciliation of “Non-GAAP Financial Measures” in this Report.

⁽²⁾  March 31, 2015 regulatory capital determined under Basel III transitional capital rules. Prior periods were determined under Basel I capital rules.

Results for the Three Months Ended March 31, 2015

For the three months ended March 31, 2015, net income available to common shareholders was $51.4 million, or $0.38 per diluted common share, compared to net income available to common shareholders of $50.6 million, or $0.37 per diluted common share for the three months ended December 31, 2014, and net income available to common shareholders of $45.9 million or $0.33 per diluted common share for the three months ended March 31, 2014.

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Results for the three months ended March 31, 2015 reflect continued broad-based improvement in credit quality as the NPL ratio declined to 0.92% at March 31, 2015 from 0.94% at December 31, 2014 and 1.91% a year ago. Additionally, other real estate balances declined $10.7 million, or 12.5%, and $36.0 million, or 32.5%, compared to December 31, 2014, and March 31, 2014, respectively. Credit costs totaled $15.7 million for the three months ended March 31, 2015, compared to $16.4 million for the three months ended December 31, 2014, and $17.6 million for the three months ended March 31, 2014. Net charge-offs for the three months ended March 31, 2015 totaled $12.3 million, or 0.23% of average loans annualized, down $3.9 million from $16.3 million in the fourth quarter of 2014 and down $2.8 million from $15.2 million in the first quarter of 2014. Total non-performing assets were $270.1 million at March 31, 2015, down $16.7 million, or 5.8%, from the previous quarter, and down $228.1 million, or 45.8%, from the first quarter of 2014.

Adjusted pre-tax, pre-credit costs income (which excludes provision for loan losses, other credit costs, restructuring charges, securities gains and losses, gain on the Memphis transaction, and certain other items) was $101.0 million for the first quarter of 2015, an increase of $1.4 million from $99.6 million for the previous quarter and an increase of $4.5 million, or 4.7%, as compared to the first quarter of 2014. The sequential quarter increase of $1.4 million in adjusted pre-tax, pre-credit costs income was primarily due to a decline in adjusted non-interest expense of $5.0 million and an increase in adjusted non-interest income of $580 thousand partially offset by the impact of two fewer calendar days with a decline in net-interest income of $4.2 million. Compared to the three months ended March 31, 2014, adjusted pre-tax, pre-credit costs income grew $4.5 million primarily from an increase in net interest income of $2.7 million with year-over-year average loan growth of $1.03 billion or 5.1% and an increase of $2.1 million in adjusted non-interest income. See reconciliation of "Non-GAAP Financial Measures" in this Report.

The net interest margin declined six basis points to 3.28% compared to 3.34% in the previous quarter and was eleven basis points below the first quarter of 2014 net interest margin of 3.39%. The yield on earning assets was 3.73%, a decline of five basis points from the fourth quarter of 2014, and the effective cost of funds increased one basis point to 0.45%. Compared to the first quarter of 2014, the yield on earning assets declined thirteen basis points from 3.86% and the effective cost of funds declined two basis points from 0.47%.

At March 31, 2015, total loans outstanding were $21.11 billion, a sequential quarter increase of $8.5 million and a year-over-year increase of $947.2 million, or 4.7%. Total average loans grew $254.1 million or 4.9% annualized from the previous quarter and $1.03 billion or 5.1% as compared to the first quarter of 2014.

At March 31, 2015, total deposits were $22.11 billion and total average deposits were $21.62 billion, with total average deposits up $279.0 million or 5.3% annualized from the previous quarter. Average core deposits ended the quarter at $20.02 billion, up $286.6 million, or 5.9%, compared to the fourth quarter of 2014. Average core deposits excluding average state, county, and municipal (SCM) deposits grew $247.1 million, or 5.7% annualized, over the fourth quarter of 2014 and $670.7 million, or 3.9%, over the first quarter of 2014. See reconciliation of "Non-GAAP Financial Measures" in this Report.

Synovus continued to return capital to shareholders during the quarter, acquiring an additional $59.1 million of common stock. Since October 2014 through March 31, 2015, Synovus has repurchased $147.2 million of common stock. Additionally, during the first quarter of 2015, Synovus declared a quarterly common stock dividend of $0.10 per share, representing a 43% increase from the dividend declared during the first quarter of 2014. Total shareholders' equity was $3.03 billion at March 31, 2015, compared to $3.04 billion at December 31, 2014, and $3.00 billion at March 31, 2014.

Changes in Financial Condition

During the three months ended March 31, 2015, total assets increased $582.6 million from $27.05 billion at December 31, 2014 to $27.63 billion. The principal component of this increase was an increase of $542.5 million in interest bearing funds with the Federal Reserve Bank. An increase of $576.2 million in deposits drove the increase in interest bearing funds at the Federal Reserve Bank.

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Loans

The following table compares the composition of the loan portfolio at March 31, 2015, December 31, 2014, and March 31, 2014.

(dollars in thousands)	March 31, 2015			December 31, 2014		March 31, 2015 vs. December 31, 2014 % Change(1)		March 31, 2014			March 31, 2015 vs. March 31, 2014 % Change
Investment properties	$	5,224,063		5,209,771		1.1	%	$	4,743,183		10.1	%
1-4 family properties	1,123,615			1,134,807		(4.0	)	1,169,560			(3.9	)
Land acquisition	559,337			575,670		(11.5	)	674,511			(17.1	)
Total commercial real estate	6,907,015			6,920,248		(0.8	)	6,587,254			4.9
Commercial, financial and agricultural	6,218,171			6,224,348		(0.4	)	5,960,435			4.3
Owner-occupied	4,089,663			4,049,725		4.0		4,000,847			2.2
Total commercial and industrial	10,307,834			10,274,073		1.3		9,961,282			3.5
Home equity lines	1,672,038			1,683,998		(2.9	)	1,601,757			4.4
Consumer mortgages	1,702,388			1,694,061		2.0		1,504,213			13.2
Credit cards	242,257			253,649		(18.2	)	253,149			(4.3	)
Other retail	304,049			302,460		2.1		279,785			8.7
Total retail	3,920,732			3,934,168		(1.4	)	3,638,904			7.7
Total loans	21,135,581			21,128,489		0.1		20,187,440			4.7
Deferred fees and costs, net	(29,368		)	(30,790	)	(18.7	)	(28,436		)	3.3
Total loans, net of deferred fees and costs	$	21,106,213		21,097,699		0.2	%	$	20,159,004		4.7	%

⁽¹⁾ Percentage changes are annualized

At March 31, 2015, total loans were $21.11 billion, an increase of $947.2 million or 4.7% compared to March 31, 2014, driven by balanced growth across the entire loan portfolio. Annual loan growth for 2015 is currently expected to be in the mid single-digits.

Commercial Loans

Total commercial loans (which are comprised of C&I and CRE loans) at March 31, 2015 were $17.21 billion or 81.5% of the total loan portfolio compared to $17.19 billion, or 81.4%, at December 31, 2014 and $16.55 billion, or 82.0%, at March 31, 2014.

At both March 31, 2015 and December 31, 2014, Synovus had 25 commercial loan relationships with total commitments of $50 million or more (including amounts funded). The average funded balance of these relationships at both March 31, 2015 and December 31, 2014 was approximately $36 million.

Commercial and Industrial Loans

The C&I portfolio represents the largest category of Synovus' total loan portfolio and is currently concentrated on small to middle market commercial and industrial lending dispersed throughout a diverse group of industries in the Southeast, including health care and social assistance, manufacturing, retail trade, real-estate related industries, wholesale trade, and finance and insurance as shown in the following table (aggregated by NAICS code). Loans in the health care and social assistance industry have grown approximately $62 million or 13.4% annualized from December 31, 2014, as specialized lending units continue to build relationships in senior housing, medical office lending, and other health care related areas. The portfolio is relationship focused and, as a result, Synovus' lenders have in-depth knowledge of the borrowers, most of which have guaranty arrangements. C&I loans are primarily originated through Synovus' local market banking divisions and made to commercial customers primarily to finance capital expenditures, including real property, plant and equipment, or as a source of working capital. In accordance with Synovus' uniform lending policy, each loan undergoes a detailed underwriting process which incorporates uniform underwriting standards and oversight in proportion to the size and complexity of the lending relationship. Approximately92% of Synovus' C&I loans are secured by real estate, business equipment, inventory, and other types of collateral.

Total C&I loans at March 31, 2015 were $10.31 billion, or 48.8% of the total loan portfolio compared to $10.27 billion, or 48.6% of the total loan portfolio at December 31, 2014 and $9.96 billion, or 49.4% of the total loan portfolio at March 31, 2014. C&I loans grew $33.8 million or 1.3% annualized from December 31, 2014, driven primarily by increases in specialty units such as senior housing and equipment finance.

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Commercial and Industrial Loans by Industry	March 31, 2015				December 31, 2014
(dollars in thousands)	Amount		%(1)		Amount		%(1)
Health care and social assistance	$	1,929,861	18.7	%	1,868,278		18.0	%
Manufacturing	886,880		8.6		878,492		8.4
Retail trade	806,228		7.8		814,882		7.9
Real estate and rental and leasing	695,822		6.7		723,239		7.0
Wholesale trade	668,616		6.5		627,736		6.0
Finance and insurance	644,217		6.2		684,319		6.5
Professional, scientific, and technical services	594,570		5.8		590,362		5.7
Real estate other	485,313		4.7		499,296		4.8
Accommodation and food services	445,045		4.3		438,745		4.2
Construction	419,613		4.1		432,521		4.2
Agriculture, forestry, fishing, and hunting	363,209		3.5		366,041		3.5
Transportation and warehousing	276,285		2.7		250,221		2.4
Information	244,697		2.4		239,996		2.3
Administration, support, waste management, and remediation	229,616		2.2		247,226		2.4
Educational services	222,684		2.2		227,272		2.2
Other services	852,854		8.3		860,105		8.3
Other industries	542,324		5.3		631,928		6.2
Total commercial and industrial loans	$	10,307,834	100.0	%	$	10,380,659	100.0	%

^{(1) Loan balance in each category expressed as a percentage of total commercial and industrial loans.} 

Synovus has actively invested in additional expertise, product offerings, and product quality to provide its C&I clients with increased and enhanced product offerings and customer service. Complementing this investment in C&I, management continues to focus on streamlining and enhancing Synovus' existing product lines, especially for traditional retail, small business, and professional services customers.

The Corporate Banking Group provides lending solutions to larger corporate clients and includes specialty units such as syndications, senior housing, and equipment finance. These units partner with Synovus' local bankers to build relationships across the five-state footprint, as well as the southeastern and southwestern United States. To date, loan syndications consist primarily of loans where Synovus is participating in the credit (versus being the lead bank). Senior housing loans are typically extended to borrowers in the assisted living, independent living, or memory care facilities sectors. The equipment finance group originates loans to small, middle, and large commercial banking customers, and the formation of this group has further strengthened the equipment financing line of business and signals Synovus' continued commitment to offer a broad range of expertise, products, and services to commercial customers. The Corporate Banking Group also originates direct loans to well-capitalized public companies and larger private companies that operate in the five-state footprint as well as other states in the Southeast.

At March 31, 2015, $6.22 billion of C&I loans, or 29.4% of the total loan portfolio, represented loans originated for the purpose of financing commercial, financial, and agricultural business activities. The primary source of repayment on these loans is revenue generated from products or services offered by the business or organization. The secondary source of repayment is the collateral, which consists primarily of equipment, inventory, accounts receivable, time deposits, and other business assets.

At March 31, 2015, $4.09 billion of C&I loans, or 19.4% of the total loan portfolio, represented loans originated for the purpose of financing owner-occupied properties. The primary source of repayment on these loans is revenue generated from products or services offered by the business or organization. The secondary source of repayment on these loans is the real estate. These loans are predominately secured by owner-occupied properties and other real estate, and to a lesser extent, other types of collateral.

Commercial Real Estate Loans

CRE loans consist of investment properties loans, 1-4 family properties loans, and land acquisition loans. CRE loans are primarily originated through Synovus' local market banking divisions. These loans are subject to the same uniform lending policies referenced above. Total CRE loans, which represent 32.7% of the total loan portfolio at March 31, 2015, were $6.91 billion compared to $6.92 billion or 32.8% of the total loan portfolio at December 31, 2014 and $6.59 billion or 32.6% of the total loan portfolio at March 31, 2014. CRE loans declined $13.2 million or 0.8% annualized from December 31, 2014, primarily as a result of planned reductions in land acquisition and 1-4 family properties loans. CRE loans increased $319.8 million or 4.9% from March 31, 2014 primarily as a result of growth in investment properties loans being partially offset by planned reductions in land acquisition and 1-4 family properties loans.

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Investment Properties Loans

Total investment properties loans as of March 31, 2015 were $5.22 billion, or 75.6% of the total CRE portfolio and 24.8% of the total loan portfolio, compared to $5.21 billion or 75.3% of the total CRE portfolio, and 24.7% of the total loan portfolio at December 31, 2014. Investment properties loans consist of construction and mortgage loans for income producing properties and are primarily made to finance multi-family properties, hotels, office buildings, shopping centers, warehouses, and other commercial development properties. Synovus' investment properties portfolio is well diversified with no concentration by property type, geography (other than the fact that most of these loans are in Synovus' primary market areas of Georgia, Alabama, Tennessee, South Carolina, and Florida), or tenants. These loans have been underwritten with stressed interest rates and vacancies with short-term maturities (three years or less) allowing for restructuring opportunities that reduce Synovus' overall risk exposure. The investment properties loans are primarily secured by the property being financed by the loans; however, these loans may also be secured by real estate or other assets beyond the property being financed.

1-4 Family Properties Loans

At March 31, 2015, 1-4 family properties loans totaled $1.12 billion, or 16.3% of the total CRE portfolio and 5.3% of the total loan portfolio, compared to $1.13 billion, or 16.4% of the total CRE portfolio and 5.4% of the total loan portfolio at December 31, 2014. 1-4 family properties loans include construction loans to homebuilders, commercial mortgage loans to real estate investors, and residential development loans to developers and are almost always secured by the underlying property being financed by such loans. These properties are primarily located in the markets served by Synovus. Underwriting standards for these types of loans include stricter approval requirements as well as more stringent underwriting standards than current regulatory guidelines. Construction and residential development loans are generally interest-only loans and typically have maturities of three years or less, and 1-4 family rental properties generally have maturities of three to five years, with amortization periods of up to fifteen to twenty years.

Land Acquisition Loans

Total land acquisition loans were $559.3 million at March 31, 2015, or 2.6% of the total loan portfolio, a decline of $16.3 million or 11.5% annualized from December 31, 2014. Land acquisition loans are secured by land held for future development, typically in excess of one year. These loans have short-term maturities and are typically unamortized. Land securing these loans is substantially within the Synovus footprint, and loan terms generally include personal guarantees from the principals. Loans in this portfolio are underwritten based on the loan to value of the collateral and the capacity of the guarantor(s). Generally, the maximum loan-to-value at the time of origination or refinancing is aligned with regulatory requirements. Synovus has continued to reduce its exposure to these types of loans.

Retail Loans

Retail loans at March 31, 2015 totaled $3.92 billion, representing 18.5% of the total loan portfolio compared to $3.93 billion, or 18.6% of the total loan portfolio at December 31, 2014 and $3.64 billion or 18.0% of the total loan portfolio at March 31, 2014.

The retail loan portfolio consists of a wide variety of loan products offered through Synovus' banking network, including first and second residential mortgages, home equity lines, credit card loans, automobile loans, and other retail loans. The majority of Synovus' retail loans are consumer mortgages and home equity lines secured by first and second liens on residential real estate primarily located in the markets served by Synovus in Georgia, Florida, South Carolina, Alabama, and Tennessee. Substantially all retail loans are to in-market borrowers with no indirect lending products, which increases opportunities for cross-selling. Credit card loans totaled $242.3 million at March 31, 2015, including $58.2 million of commercial credit card loans. The commercial credit card loans relate to Synovus' commercial customers who utilize corporate credit cards for various business activities.

Retail loans are subject to uniform lending policies and consist primarily of loans with strong borrower credit scores (most recently measured as of December 31, 2014). At December 31, 2014, weighted-average FICO scores within the residential real estate portfolio were 772 for HELOCs and 735 for consumer mortgages . Conservative debt-to-income ratios (average HELOC debt to income ratio of loans originated) were maintained in the first quarter of 2015 at 31.3% compared to 30.8% in the fourth quarter of 2014. HELOC utilization rates (total amount outstanding as a percentage of total available lines) of 60.5% and 61.3% at March 31, 2015 and December 31, 2014, respectively, and loan-to-value ratios based upon prudent guidelines were maintained to ensure consistency with Synovus' overall risk philosophy. At March 31, 2015, 34% of home equity line balances were secured by a first lien, and 66% were secured by a second lien. Apart from credit card loans and unsecured loans, Synovus does not originate loans with LTV ratios greater than 100% at origination except for infrequent situations provided that certain underwriting requirements are met. Additionally, at origination, loan maturities are determined based on the borrower's ability to repay (cash flow or earning power of the borrower that represents the primary source of repayment) and the collateralization of the loan, including the economic life of the asset being pledged. Collateral securing these loans provides a secondary source of repayment in that the collateral may be liquidated. Synovus determines the need for collateral on a case-by-case basis. Factors considered include the purpose of the loan, current and prospective credit-worthiness of the customer, terms of the loan, and economic conditions.

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Risk levels 1-6 (descending) are assigned to retail loans based upon a risk score matrix. At least annually, the retail loan portfolio data is sent to a consumer credit reporting agency for a refresh of customers' credit scores. The most recent credit score refresh was completed as of December 31, 2014. Management reviews the refreshed scores to monitor the credit risk migration of the retail loan portfolio, which impacts the allowance for loan losses. Management also considers the results from the refreshed scores for possible changes in underwriting policies. Revolving lines of credit are regularly reviewed for any material change in financial circumstances, and when appropriate, the line of credit may be suspended.

Higher-risk consumer loans as defined by the FDIC are consumer loans (excluding consumer loans defined as nontraditional mortgage loans) where, as of the origination date or, if the loan has been refinanced, as of the refinance date, the probability of default within two years is greater than 20%, as determined using a defined historical stress period. These loans are not a part of Synovus' retail lending strategy, and Synovus does not currently develop or offer specific higher-risk consumer loans, alt-A, no documentation or stated income retail residential real estate loan products. Synovus estimates that, as of March 31, 2015, it had $127.7 million of higher-risk consumer loans (3.3% of the retail portfolio and 0.6% of the total loan portfolio). Included in this amount is approximately $16 million of accruing TDRs. Synovus makes retail lending decisions based upon a number of key credit risk determinants including FICO scores as well as bankruptcy predictor scores, loan-to-value, and debt-to-income ratios.

Other Real Estate

The carrying value of ORE was $74.8 million, $85.5 million, and $110.8 million at March 31, 2015, December 31, 2014, and March 31, 2014, respectively. As of March 31, 2015, the ORE carrying value reflects cumulative write-downs totaling approximately $83 million, or 53% of the related loans' unpaid principal balance. During the three months ended March 31, 2015 and 2014, $5.4 million and $12.9 million, respectively,of loans and other loans held for sale were foreclosed and transferred to other real estate at fair value less costs to sell. During the three months ended March 31, 2015 and 2014, Synovus recognized foreclosed real estate expense, net, of $9.5 million and $5.7 million, respectively. These expenses included write-downs for declines in fair value of ORE subsequent to the date of foreclosure and net realized losses resulting from sales transactions totaling $7.3 million and $4.8 million for the three months ended March 31, 2015 and 2014, respectively.

Synovus' objective is to dispose of ORE properties in a timely manner and to maximize net sale proceeds. Synovus has a centralized managed assets division, with the specialized skill set to facilitate this objective. While there is not a defined timeline for their sale, ORE properties are actively marketed through unaffiliated third parties, including real estate brokers and real estate auctioneers. Sales are made on an opportunistic basis, as acceptable buyers and terms are identified. In addition, Synovus may also decide to sell ORE properties in bulk asset sales to unaffiliated third parties, in which case the typical period of marketing the property will likely not occur. In some cases, Synovus is approached by potential buyers of ORE properties or Synovus may contact independent third parties who we believe might have an interest in an ORE property.

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Deposits

Deposits provide the most significant funding source for interest earning assets. The following table shows the relative composition of average deposits for the time periods indicated.

Composition of Average Deposits
			Three Months Ended
(dollars in thousands)	March 31, 2015		%(1)		December 31, 2014		%(1)		March 31, 2014		%(1)
Non-interest bearing demand deposits	$	6,108,558	28.3	%	$	6,110,047	28.6	%	$	5,537,090	26.7	%
Interest bearing demand deposits	3,800,476		17.6		3,781,389		17.7		3,878,590		18.7
Money market accounts, excluding brokered deposits	6,210,704		28.7		6,009,897		28.2		6,077,357		29.3
Savings deposits	649,597		3.0		638,813		3.0		616,962		3.0
Time deposits, excluding brokered deposits	3,250,892		15.0		3,193,507		15.0		3,380,413		16.3
Brokered deposits	1,594,822		7.4		1,602,354		7.5		1,234,847		6.0
Total average deposits	$	21,615,049	100.0		$	21,336,007	100.0		$	20,725,259	100.0
Average core deposits(2)	$	20,020,227	92.6		$	19,733,653	92.5		$	19,490,412	94.0
Average core deposits excluding average SCM deposits(2)	$	17,796,034	82.3		$	17,548,896	82.3		$	17,125,316	82.6

⁽¹⁾ Deposits balance in each category expressed as percentage of total deposits.

⁽²⁾ See reconciliation of “Non-GAAP Financial Measures” in this Report.

During the first quarter of 2015, total average deposits increased $279.0 million, or 5.3% annualized, compared to the fourth quarter of 2014, and increased $889.8 million, or 4.3%, compared to the first quarter of 2014. Average core deposits were up $286.6 million, or 5.9% annualized, compared to the prior quarter, and up $529.8 million, or 2.7%, compared to the first quarter a year ago. Average core deposits excluding average state, county, and municipal (SCM) deposits grew $247.1 million, or 5.7%, over the prior quarter and $670.7 million, or 3.9%, over the first quarter of 2014. The increase in deposits during the quarter was largely due to growth in money market and time deposit products. Additionally, average non-interest bearing demand deposits, excluding average SCM deposits, grew 4.5% annualized compared to the prior quarter and grew 10.8% over the prior year quarter. Average non-interest bearing demand deposits as a percentage of total average deposits was 28.3% for the three months ended March 31, 2015, compared to 28.6% for the three months ended December 31, 2014 and 26.7% for the three months ended March 31, 2014. See reconciliation of “Non-GAAP Financial Measures” in this Report.

Average time deposits of $100,000 and greater for the three months ended March 31, 2015, December 31, 2014 and March 31, 2014 were $3.34 billion, $3.29 billion, and $2.98 billion respectively, and included average brokered time deposits of $1.41 billion, $1.41 billion, and $1.03 billion, respectively. These larger deposits represented 15.4%, 15.4%, and 14.4% of total average deposits for the three months ended March 31, 2015, December 31, 2014, and March 31, 2014, respectively, and included brokered time deposits which represented 6.5%, 6.6%, and 5.0% of total average deposits for the three months ended March 31, 2015, December 31, 2014, and March 31, 2014, respectively.

During the first quarter of 2015, total average brokered deposits represented 7.4% of Synovus' total average deposits compared to 7.5% and 6.0% of total average deposits the previous quarter and the first quarter a year ago, respectively.

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Non-interest Income

Non-interest income for the three months ended March 31, 2015 was $65.9 million compared to $70.2 million for the three months ended March 31, 2014. Adjusted non-interest income, which excludes net investment securities gains and the prior year net gain of $5.8 million from the Memphis transaction, increased $2.1 million, or 3.3%, for the three months ended March 31, 2015, compared to the same period a year ago, driven primarily by increases in mortgage banking income, brokerage revenue, and gains from sales of SBA loans. See reconciliation of "Non-GAAP Financial Measures" in this Report.

The following table shows the principal components of non-interest income.

Non-interest Income	Three Months Ended March 31,
(in thousands)	2015		2014
Service charges on deposit accounts	$	19,133	19,214
Fiduciary and asset management fees	11,571		11,033
Brokerage revenue	7,251		6,213
Mortgage banking income	6,484		3,511
Bankcard fees	8,077		7,518
Investment securities gains, net	725		1,331
Other fee income	5,246		4,863
Gain on sale of Memphis branches, net	—		5,789
Other non-interest income	7,367		10,710
Total non-interest income	$	65,854	70,182

Principal Components of Non-interest Income

Service charges on deposit accounts for the three months ended March 31, 2015 were $19.1 million, down slightly by $81 thousand, or 0.4%, compared to the three months ended March 31, 2014. Service charges on deposit accounts consist of NSF fees, account analysis fees, and all other service charges. NSF fees were $8.7 million for the three months ended March 31, 2015, an increase of $323 thousand, or 3.9%, compared to the three months ended March 31, 2014, due to an increase in overdraft service utilization rates and higher Regulation E opt-in rates (Regulation E limits the ability of a financial institution to assess an overdraft fee for paying automated teller machine and debit card transactions that overdraw a customer's account unless the customer affirmatively consents, or opts-in, to the institution's payment of overdrafts for these transactions). Account analysis fees were $5.8 million for the three months ended March 31, 2015, down $223 thousand, or 3.7%, compared to the three months ended March 31, 2014, primarily due to higher earnings credit balances and a decline in the number of accounts on analysis. All other service charges on deposit accounts, which consist primarily of monthly fees on retail demand deposit and saving accounts, were $4.7 million for the three months ended March 31, 2015, down $180 thousand, or 3.7%, compared to the same period in 2014, with more retail customers meeting requirements to qualify for fee waivers on checking products.

Fiduciary and asset management fees are derived from providing estate administration, employee benefit plan administration, personal trust, corporate trust, corporate bond, investment management, and financial planning services. Fiduciary and asset management fees were $11.6 million for the three months ended March 31, 2015, an increase of $538 thousand, or 4.9%, compared to the same period in 2014 due to new talent acquisition in strategic markets and an increase in assets-under-management of approximately 9.0%.

Brokerage revenue, which consists primarily of brokerage commissions, was $7.3 million for the three months ended March 31, 2015, up $1.0 million, or 16.7%, compared to the three months ended March 31, 2014. The year-over-year increase was largely due to the unfavorable impact of severe winter weather on transactions during the first quarter of 2014. Additionally, the increase was driven by talent acquisition of commission-based financial consultants and brokers and a favorable increase in customer fee-based assets-under-management.

Mortgage banking income increased $3.0 million, or 84.7%, for the three months ended March 31, 2015, when compared to the same period in 2014, due primarily to an increase in mortgage production of 72.3%. Synovus currently expects further increases in mortgage revenue from first quarter 2015 levels in the second quarter of 2015.

Bankcard fees increased $559 thousand, or 7.4%, for the three months ended March 31, 2015, compared to the same period in 2014, due primarily to an increase in transaction volume. Bankcard fees consist primarily of credit card interchange fees and debit card interchange fees. Debit card interchange fees were $3.4 million, up $146 thousand, or 4.5%, for the three months ended

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March 31, 2015, compared to the same period in 2014. Credit card interchange fees were $5.6 million, up $347 thousand, or 6.7%, for the three months ended March 31, 2015, compared to the same period in 2014.

Other fee income includes fees for letters of credit, safe deposit box fees, access fees for automated teller machine use, customer swap dealer fees, and other service charges. Other fee income increased $383 thousand, or 7.9%, for the three months ended March 31, 2015, compared to the same period in 2014 due primarily to an increase in customer swap dealer fees.

The 2014 gain on sale of Memphis branches consists of a gain, net of associated costs, from the sale of certain loans, premises, deposits, and other assets and liabilities of the Memphis, Tennessee operations of Trust One Bank, a division of Synovus Bank on January 17, 2014. Please see "Note 4 - Sale of Branches" of this Report for further explanation of this transaction.

The main components of other non-interest income are income from company-owned life insurance policies, gains from sales of SBA loans, insurance commissions, card sponsorship fees, and other miscellaneous items. Other non-interest income was $7.4 million for the three months ended March 31, 2015, compared to $10.7 million for the same period in 2014. Other non-interest income for the first quarter of 2014 included a $3.1 million gain from the sale of a branch property. Gains from sales of SBA loans totaled $1.5 million during the first quarter of 2015, up from $383 thousand during the first quarter of 2014. Synovus has an increased focus on the SBA lending line of business and expects an increase in SBA gains for the full year 2015 compared to 2014.

Non-interest Expense

Non-interest expense for the three months ended March 31, 2015 declined $5.3 million, or 2.9%, compared to the same period in 2014. Adjusted non-interest expense for the three months ended March 31, 2015, which excludes restructuring charges, credit costs, and Visa indemnification charges, increased $307 thousand, or 0.2%, compared to the same period in 2014. See "Non-GAAP Financial Measures" in this Report for applicable reconciliation.

The following table summarizes the components of non-interest expense for the three months ended March 31, 2015 and 2014.

Non-interest Expense
	Three Months Ended March 31,
(in thousands)	2015			2014
Salaries and other personnel expense	$	96,488		93,445
Net occupancy and equipment expense	26,172			26,056
Third-party processing expense	10,343			10,097
FDIC insurance and other regulatory fees	6,957			9,645
Professional fees	5,594			7,677
Advertising expense	3,443			2,477
Foreclosed real estate expense, net	9,496			5,681
Visa indemnification charges	375			396
Restructuring charges, net	(107		)	8,577
Other operating expenses	20,147			20,110
Total non-interest expense	$	178,908		184,161

Salaries and other personnel expenses increased $3.0 million, or 3.3%, for the three months ended March 31, 2015, compared to the same period in 2014 primarily due to annual merit increases and additional variable compensation associated with higher mortgage and brokerage revenue. Additionally, higher deferred compensation expense driven by market-based valuations contributed $1.0 million to the year over year increase with $517 thousand of the post-employment benefit expense offset in other income. These increases were somewhat offset by the decrease in salaries and other personnel expense resulting from the decline of 177, or 3.8%, in total headcount at March 31, 2015 vs. March 31, 2014. The decline in headcount was driven by the elimination of positions during 2014 in connection with branch closings, further refinement of our branch staffing model, and other efficiency initiatives.

Net occupancy and equipment expense was essentially flat at $26.2 million for the three months ended March 31, 2015, compared to $26.1 million for the same period in 2014. Synovus continues to invest in technology and rationalize its branch network which consists of 258 branches compared to 271 branches at March 31, 2014.

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Third-party processing expense includes all third-party core operating system and processing charges. Third-party processing expense increased $247 thousand, or 2.4%, for the three months ended March 31, 2015, compared to the same period in 2014.

FDIC insurance costs and other regulatory fees declined $2.7 million, or 27.9%, for the three months ended March 31, 2015, compared to the same period in 2014, primarily due to the significant improvement in credit metrics.

Professional fees declined $2.1 million, or 27.1%, for the three months ended March 31, 2015, compared to the same period in 2014. The decline in professional fees was driven by a decrease in attorney fees.

Advertising expense was $3.4 million for the three months ended March 31, 2015 compared to $2.5 million for the three months ended March 31, 2014. Advertising expense for the remainder of the year is expected to increase from first quarter levels based on increased levels of advertising spend related to our branding campaign as well as our product campaigns.

Foreclosed real estate costs of $9.5 million were up $3.8 million, or 67.2%, for the three months ended March 31, 2015, compared to the same period in 2014. Foreclosed real estate costs during the remainder of 2015 are expected to be lower than first quarter levels. For further discussion of foreclosed real estate, see the section captioned “Other Real Estate” of this Report.

Management currently expects that adjusted non-interest expense for the year ending December 31, 2015 will be approximately the same as in 2014 ($675 million). See "Non-GAAP Financial Measures" in Synovus' 2014 Form 10-K for applicable reconciliation.

Income Tax Expense

Income tax expense was $31.8 million and $28.6 million for the three months ended March 31, 2015 and March 31, 2014, respectively. The effective tax rate was 37.11% for the three months ended March 31, 2015 compared to 37.14% for the same period in 2014. Synovus currently expects an annual effective tax rate of approximately 36%-37% for the full year 2015. The actual effective income tax rate in future periods could be affected by items that are infrequent in nature, such as new legislation and changes in the deferred tax asset valuation allowance.

At March 31, 2015, the net deferred tax asset was $589.2 million, compared to $622.5 million at December 31, 2014. The decrease in the net deferred tax asset is primarily driven by the continued generation of taxable income.

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CREDIT QUALITY, CAPITAL RESOURCES AND LIQUIDITY

Credit Quality

Synovus continuously monitors the credit quality of its loan portfolio and maintains an allowance for loan losses that management believes is sufficient to absorb probable losses inherent in its loan portfolio. Credit quality continued to improve during the first quarter of 2015 with non-performing assets declining by 5.8% sequentially to an ending non-performing assets ratio of 1.28%, past dues remaining at low levels, and the net charge-off ratio declining to 0.23%, down 8 basis points from the fourth quarter of 2014. The non-performing loans ratio has also continued to decline, ending the quarter at 0.92%.

The table below includes selected credit quality metrics.

Credit Quality Metrics	As of and for the Three Months Ended,
(dollars in thousands)	March 31, 2015			December 31, 2014	September 30, 2014	June 30, 2014	March 31, 2014
Provision for loan losses	$	4,397		8,193	3,843	12,284	9,511
Other credit costs	11,273			8,213	11,858	4,635	8,128
Total credit costs	$	15,670		16,406	15,701	16,919	17,639
Non-performing loans	194,232			197,757	242,382	259,547	384,324
Impaired loans held for sale(1)	1,082			3,606	338	2,045	3,120
Other real estate	74,791			85,472	81,636	101,533	110,757
Non-performing assets	$	270,105		286,835	324,356	363,125	498,201
Non-performing loans as a % of total loans	0.92		%	0.94	1.18	1.27	1.91
Non-performing assets as a % of total loans, other loans held for sale, and ORE	1.28		%	1.35	1.57	1.77	2.46
NPL inflows	$	26,059		32,630	32,988	34,321	35,460
Loans 90 days past due and still accruing	5,025			4,637	4,067	4,798	6,563
As a % of total loans	0.02		%	0.02	0.02	0.02	0.03
Total past due loans and still accruing	$	57,443		51,251	72,712	60,428	75,038
As a % of total loans	0.27		%	0.24	0.35	0.30	0.37
Net charge-offs	$	12,343		16,252	12,250	35,372	15,181
Net charge-offs/average loans	0.23		%	0.31	0.24	0.69	0.30
Allowance for loan losses	$	253,371		261,317	269,376	277,783	300,871
Allowance for loan losses as a % of total loans	1.20		%	1.24	1.31	1.36	1.49

⁽¹⁾ Represent only impaired loans that have been specifically identified to be sold. Impaired loans held for sale are carried at the lower of cost or fair value, less costs to sell, based primarily on estimated sales proceeds net of selling costs.

Total credit costs

Total credit costs (provision for loan losses plus other credit costs which consist primarily of foreclosed real estate expense, net,) for the quarters ended March 31, 2015 and March 31, 2014 were $15.7 million and $17.6 million, respectively, including provision for loan losses of $4.4 million and $9.5 million, respectively, and expenses related to foreclosed real estate of $9.5 million and $5.7 million, respectively. Total credit costs improved 4.5% on a sequential quarter basis and improved 11.2 % from the first quarter of 2014.

Non-performing Assets

Total NPAs were $270.1 million at March 31, 2015, a $16.7 million or 5.8% decrease from December 31, 2014 and a $228.1 million or 45.8% decrease from $498.2 million at March 31, 2014. The year-over-year decline in non-performing assets was primarily driven by significant balance reductions in legacy non-performing assets, a continued decline in NPL inflows, as well as asset dispositions. Total non-performing assets as a percentage of total loans, other loans held for sale, and other real estate were 1.28% at March 31, 2015 compared to 1.35% at December 31, 2014, and 2.46% at March 31, 2014. Synovus currently expects that NPAs will continue to decline at a modest pace in 2015.

NPL inflows during the first quarter of 2015 were $26.1 million, down $9.4 million or 26.5% from the first quarter of 2014 inflows of $35.5 million.

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NPL Inflows by Loan Type
	Three Months Ended March 31,
(in thousands)	2015		2014
Investment properties	$	295	2,719
1-4 family properties	917		1,545
Land for future development	176		3,847
Total commercial real estate	1,388		8,111
Commercial, financial and agricultural	9,097		6,731
Owner-occupied	7,449		8,694
Total commercial and industrial	16,546		15,425
Home equity lines	3,978		3,203
Consumer mortgages	3,600		8,050
Credit cards	—		—
Other retail loans	547		671
Total retail	8,125		11,924
Total NPL inflows	$	26,059	35,460

Past Due Loans

As a percentage of total loans outstanding, loans 90 days past due and still accruing interest continue to be at very low levels and were 0.02% at March 31, 2015 and 2014 and December 31, 2014. These loans are in the process of collection, and management believes that sufficient collateral value securing these loans exists to cover contractual interest and principal payments.

Troubled Debt Restructurings

Accruing TDRs were $313.4 million at March 31, 2015, compared to $348.4 million at December 31, 2014 and $495.4 million at March 31, 2014. At March 31, 2015, the allowance for loan losses allocated to these accruing TDRs was $17.6 million compared to $21.0 million at December 31, 2014 and $24.9 million at March 31, 2014. Accruing TDRs are considered performing because they are performing in accordance with the restructured terms. At March 31, 2015, 40.9% or $128.1 million of accruing TDRs were graded as Pass (24.1%) or Special Mention (16.8%) loans. At March 31, 2015, troubled debt restructurings (accruing and non-accruing) were $383.2 million, a decrease of $39.9 million or 9.4% compared to December 31, 2014.

Accruing TDRs by Risk Grade	March 31, 2015				December 31, 2014
(dollars in thousands)	Amount		%		Amount		%
Pass	$	75,451	24.1	%	$	86,354	24.8	%
Special Mention	52,658		16.8		65,446		18.8
Substandard accruing	185,253		59.1		196,627		56.4
Total accruing TDRs	$	313,362	100.0	%	$	348,427	100.0	%

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Accruing TDRs Aging and Allowance for Loan Losses by Portfolio Class
	March 31, 2015
(in thousands)	Current		30-89 Days Past Due	90+ Days Past Due	Total	Allowance for Loan Losses
Investment properties	$	81,996	11,018	—	93,014	6,746
1-4 family properties	55,393		103	—	55,496	4,176
Land acquisition	32,516		—	—	32,516	1,714
Total commercial real estate	169,905		11,121	—	181,026	12,636
Commercial, financial and agricultural	35,817		282	—	36,099	1,618
Owner-occupied	57,876		—	—	57,876	2,541
Total commercial and industrial	93,693		282	—	93,975	4,159
Home equity lines	5,912		21	—	5,933	142
Consumer mortgages	25,772		1,489	—	27,261	580
Credit cards	—		—	—	—	—
Other retail loans	4,943		224	—	5,167	74
Total retail	36,627		1,734	—	38,361	796
Total accruing TDRs	$	300,225	13,137	—	313,362	17,591
	December 31, 2014
(in thousands)	Current		30-89 Days Past Due	90+ Days Past Due	Total	Allowance for Loan Losses
Investment properties	$	109,436	—	—	109,436	5,294
1-4 family properties	39,655		—	—	39,655	6,838
Land acquisition	43,696		—	—	43,696	2,815
Total commercial real estate	192,787		—	—	192,787	14,947
Commercial, financial and agricultural	46,995		197	—	47,192	2,373
Owner-occupied	66,463		548	—	67,011	2,854
Total commercial and industrial	113,458		745	—	114,203	5,227
Home equity lines	4,657		191	—	4,848	129
Consumer mortgages	28,714		2,164	418	31,296	592
Credit cards	—		—	—	—	—
Other retail loans	5,095		180	18	5,293	101
Total retail	38,466		2,535	436	41,437	822
Total accruing TDRs	$	344,711	3,280	436	348,427	20,996

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Non-accruing TDRs may generally be returned to accrual status if there has been a period of performance, consisting usually of at least a six month sustained period of repayment performance in accordance with the terms of the agreement. Consistent with regulatory guidance, a TDR will generally no longer be reported as a TDR after a period of performance which is generally a minimum of six months and after the loan has been reported as a TDR at a year-end reporting date, and if at the time of the modification, the interest rate was at market, considering the credit risk associated with the borrower. Non-accruing TDRs were$69.8 millionatMarch 31, 2015compared to$74.6 millionatDecember 31, 2014.

Non-accruing TDRs by Type
(in thousands)	March 31, 2015		December 31, 2014
Investment properties	$	14,576	$	15,922
1-4 family properties	7,040		7,523
Land acquisition	23,952		24,037
Total commercial real estate	45,568		47,482
Commercial, financial and agricultural	5,225		7,478
Owner-occupied	13,934		14,427
Total commercial and industrial	19,159		21,905
Home equity lines	916		893
Consumer mortgages	4,020		4,256
Credit cards	—		—
Other retail loans	146		66
Total retail	5,082		5,215
Total non-accruing TDRs	$	69,809	$	74,602

Potential Problem Loans

Potential problem loans are defined by management as being certain performing loans with a well-defined weakness where there is known information about possible credit problems of borrowers which causes management to have concerns about the ability of such borrowers to comply with the present repayment terms of such loans. Potential problem commercial loans consist of commercial Substandard accruing loans but exclude loans 90 days past due and still accruing interest and accruing TDRs classified as Substandard. Synovus had $205.3 million of potential problem commercial loans at March 31, 2015 compared to $222.5 million and $225.0 million at December 31, 2014 and March 31, 2014, respectively. Synovus cannot predict at this time whether these potential problem loans ultimately will become non-performing loans or result in losses.

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Net Charge-offs

Net charge-offs for the three months ended March 31, 2015 were $12.3 million, or 0.23% as a percentage of average loans annualized, a decrease of $2.8 million or 18.7% compared to $15.2 million or 0.30% as a percentage of average loans annualized for the three months ended March 31, 2014. The decline in net charge-offs was driven by a decline in NPL inflows and lower impairment charge-offs on existing collateral dependent impaired loans. The net charge-off ratio for 2015 is currently projected to be in the 30 to 40 basis points range.

The following tables show net charge-offs by loan type for the three months ended March 31, 2015 and 2014.

Net Charge-offs (Recoveries) by Loan Type
	Three Months Ended March 31,
(in thousands)	2015			2014
Investment properties	$	(1,552	)	$	3,672
1-4 family properties	3,856			629
Land for future development	1,195			1,418
Total commercial real estate	3,499			5,719
Commercial, financial and agricultural	2,693			2,527
Owner-occupied	313			3,556
Total commercial and industrial	3,006			6,083
Home equity lines	732			1,307
Consumer mortgages	3,669			775
Credit cards	1,104			1,086
Other retail loans	333			211
Total retail	5,838			3,379
Total net charge-offs	$	12,343		$	15,181

Provision for Loan Losses and Allowance for Loan Losses

For the three months ended March 31, 2015, the provision for loan losses was $4.4 million, a decrease of $5.1 million or 53.8% compared to the three months ended March 31, 2014. The decrease in the provision for loan losses was primarily a result of continued improvement in credit quality trends, including:

• Reduced net loan charge-offs by $2.8 million or 18.7% from $15.2 million for the three months ended March 31, 2014 to $12.3 million for the three months ended March 31, 2015;

• Reduced NPL inflows by $9.4 million or 26.5% from $35.5 million for the three months ended March 31, 2014 to $26.1 million for the three months ended March 31, 2015;

• Reduced loans rated Special Mention by $240.8 million or 32.5% from $740.6 million at March 31, 2014 to $499.7 million at March 31, 2015;

• Reduced loans rated Substandard accruing by $92.2 million or 18.5% from $499.1 million at March 31, 2014 to $406.9 million at March 31, 2015; and

• Pass rated loans as a percentage of total loans were 94.8% at March 31, 2015 compared to 91.9% at March 31, 2014.

The allowance for loan losses atMarch 31, 2015 was $253.4 million or 1.20% of total loans compared to $261.3 million or 1.24% of total loans at December 31, 2014 and $300.9 million or 1.49% of total loans at March 31, 2014. The decrease in the allowance for loan losses is primarily due to continued improvement in credit quality trends, which includes lower NPL levels as well as reduced NPL inflows and net charge-offs, improved risk grade migration trends, and stable collateral values.  

Capital Resources

Synovus is required to comply with the capital adequacy standards established by the Federal Reserve Board and our subsidiary bank, Synovus Bank, must comply with similar capital adequacy standards established by the FDIC. Synovus has always placed great emphasis on maintaining a solid capital base and continues to satisfy applicable regulatory capital requirements.

The Basel III capital rules, implemented in the U.S. with certain changes mandated by the Dodd-Frank Act, strengthen the definition of regulatory capital, increase risk-based capital requirements, and make selected changes to the calculation of risk-

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weighted assets. The rules became effective January 1, 2015, for Synovus and Synovus Bank, subject to a transition period for several aspects, including the capital conservation buffer and certain regulatory capital adjustments and deductions, as described below. Under the Basel III capital rules, the minimum capital requirements for Synovus and Synovus Bank include a common equity Tier 1 (CET1) ratio of 4.5%; Tier 1 capital ratio of 6%; total capital ratio of 8%; and leverage ratio of 4%. When fully phased-in on January 1, 2019, the Basel III capital rules include a capital conservation buffer of 2.5% that is added on top of each of the minimum risk-based capital ratios. The implementation of the capital conservation buffer will begin on January 1, 2016 at the 0.625% level and be phased-in over a three-year period (increasing by that amount on each subsequent January 1, until it reaches 2.5% on January 1, 2019). As a financial holding company, Synovus and its subsidiary bank, Synovus Bank, are required to maintain capital levels required for a well-capitalized institution as defined by federal banking regulations. Under the Basel III capital rules, Synovus and Synovus Bank are well-capitalized if each has a CET1 ratio of 6.5% or greater, a Tier 1 risk-based capital ratio of 8% or greater, a total risk-based capital ratio of 10% or greater, a leverage ratio of 5% or greater, and are not subject to any written agreement, order, capital directive, or prompt corrective action directive from a federal and/or state banking regulatory agency to meet and maintain a specific capital level for any capital measure.

At March 31, 2015, Synovus' and Synovus Bank's capital levels each exceeded well-capitalized requirements currently in effect. The following table presents certain ratios used to measure Synovus and Synovus Bank's capitalization.

Capital Ratios
(dollars in thousands)	March 31, 2015			December 31, 2014
Capital rules in effect:	Basel III			Basel I
Tier 1 capital
Synovus Financial Corp.	$	2,592,618		2,543,625
Synovus Bank	3,008,599			2,988,189
Common equity Tier 1 capital (transitional)
Synovus Financial Corp.	2,592,618			N/A
Synovus Bank	3,008,599			N/A
Tier 1 common equity(1)
Synovus Financial Corp.	N/A			2,407,645
Total risk-based capital
Synovus Financial Corp.	3,039,552			2,987,406
Synovus Bank	$	3,264,265		3,251,836
Tier 1 capital ratio
Synovus Financial Corp.	10.80		%	10.86
Synovus Bank	12.56			12.76
Common equity Tier 1 ratio (transitional)
Synovus Financial Corp.	10.80			N/A
Synovus Bank	12.56			N/A
Tier 1 common equity ratio(1)
Synovus Financial Corp.	N/A			10.28
Total risk-based capital to risk-weighted assets ratio
Synovus Financial Corp.	12.66			12.75
Synovus Bank	13.63			13.89
Leverage ratio
Synovus Financial Corp.	9.66			9.67
Synovus Bank	11.25			11.39
Tangible common equity to tangible assets ratio (1)
Synovus Financial Corp.	10.43		%	10.69

⁽¹⁾ See reconciliation of “Non-GAAP Financial Measures” in this Report.

Capital ratios at March 31, 2015 were impacted by common stock repurchases of $59.1 million during the first quarter pursuant to Synovus' $250 million share repurchase program announced on October 21, 2014 and which expires on October 23, 2015. As of March 31, 2015, Synovus had repurchased a total of $147.2 million or 5.6 million shares of common stock under the share repurchase program through a combination of share repurchases under the accelerated share repurchase (ASR) agreement described below and open market transactions. Synovus entered into the ASR agreement during October 2014 to purchase $75.0 million of

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Synovus common stock under the share repurchase program. As of December 31, 2014, Synovus had repurchased 2,510,460 shares under the ASR agreement. During January 2015, Synovus repurchased 391,612 shares upon completion of the ASR agreement. Additionally, since October 2014 through March 31, 2015, Synovus has repurchased $72.2 million or 2,683,755 shares of common stock through open market transactions including $59.1 million or 2,179,986 shares of common stock repurchased during the first quarter of 2015.

Additionally, the March 31, 2015 capital ratios were impacted by changes required under Basel III capital rules, which, for Synovus, increased risk-weighted assets by approximately $420 million with higher risk-weights assigned to certain categories including unfunded lines of credit, non-performing loans, and various other categories. Synovus and Synovus Bank elected to make a permanent election to exclude accumulated other comprehensive income (loss) from regulatory capital, and therefore will retain the same accumulated other comprehensive income (loss) treatment as under the regulatory capital rules in effect prior to January 1, 2015.

As of March 31, 2015, total disallowed deferred tax assets were $412.9 million or 1.72% of risk weighted assets, compared to $492.2 million or 2.10% of risk weighted assets at December 31, 2014. Disallowed deferred tax assets for the new Basel III ratio, CET1, were $287.2 million at March 31, 2015 due to a three-year phase-in of the total disallowed deferred tax asset for the CET1 capital measure. Basel III revised the deferred tax asset limitation criteria effective January 1, 2015 and now includes the component of deferred tax assets arising from temporary timing differences in regulatory capital up to certain levels of CET1. Thus, the disallowed portion of deferred tax assets, under Basel III, is comprised of net operating loss carryforwards and tax credit carryforwards. Under Basel I, there were limitations on the inclusion of deferred tax assets for regulatory capital based on Tier 1 capital levels and projected future earnings. The treatment of deferred tax assets under Basel III had an initial favorable impact on Synovus' regulatory capital ratios. Synovus' deferred tax asset should continue to decrease over time, thus creating additional regulatory capital in future periods.

Synovus' CET1 ratio was 10.80% at March 31, 2015 under Basel III transitional provisions and the estimated fully phased-in CET1 ratio, as of March 31, 2015 was approximately 10.14%, both of which are well in excess of the regulatory requirements prescribed by Basel III.

Management currently believes, based on internal capital analyses and earnings projections, that Synovus and Synovus Bank's capital position is adequate to meet current and future regulatory minimum capital requirements.

Dividends

Synovus has historically paid a quarterly cash dividend to the holders of its common stock. Management closely monitors current and projected capital levels, liquidity (including dividends from subsidiaries), financial markets and other economic trends, as well as regulatory requirements regarding the payment of dividends. During October 2014, Synovus increased the quarterly common stock dividend (which was paid on January 2, 2015) from $0.07 to $0.10 per share. Synovus' ability to pay dividends on its capital stock, including the common stock and the Series C Preferred Stock, is primarily dependent upon dividends and distributions that it receives from its bank and non-banking subsidiaries, which are restricted by various regulations administered by federal and state bank regulatory authorities, as further discussed below in the section titled "Liquidity." During 2014, Synovus Bank paid upstream dividends of $182.0 million to Synovus. During the three months ended March 31, 2015, Synovus Bank paid an upstream dividend of $75.0 million to Synovus.

    Synovus declared dividends of $0.10 per common share for the three months ended March 31, 2015 and $0.07 for the three months ended March 31, 2014. Please see "Note 3 - Reverse Stock Split", of this Report for information on Synovus' reverse stock split. In addition to dividends paid on its common stock, Synovus paid dividends of $2.6 million on its Series C Preferred Stock during both the three months ended March 31, 2015 and March 31, 2014.

Liquidity

Liquidity represents the extent to which Synovus has readily available sources of funding needed to meet the needs of depositors, borrowers and creditors, to support asset growth, and to otherwise sustain operations of Synovus and its subsidiaries, at a reasonable cost, on a timely basis, and without adverse consequences. ALCO monitors Synovus' economic, competitive, and regulatory environment and is responsible for measuring, monitoring, and reporting on liquidity and funding risk, interest rate risk, and market risk and has the authority to establish policies relative to these risks. ALCO, operating under liquidity and funding policies approved by the Board of Directors, actively analyzes contractual and anticipated cash flows in order to properly manage Synovus’ liquidity position.

Contractual and anticipated cash flows are analyzed under normal and stressed conditions to determine forward looking liquidity needs and sources. Synovus analyzes liquidity needs under various scenarios of market conditions and operating performance. This analysis includes stress testing and measures expected sources and uses of funds under each scenario. Emphasis

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is placed on maintaining numerous sources of current and potential liquidity to allow Synovus to meet its obligations to depositors, borrowers, and creditors on a timely basis.

Liquidity is generated primarily through maturities and repayments of loans by customers, maturities and sales of investment securities, deposit growth, and access to sources of funds other than deposits. Management continuously monitors and maintains appropriate levels of liquidity so as to provide adequate funding sources to manage customer deposit withdrawals, loan requests, and funding maturities. Liquidity is also enhanced by the acquisition of new deposits. Each of the banking divisions monitors deposit flows and evaluates local market conditions in an effort to retain and grow deposits.

Synovus Bank also generates liquidity through the national deposit markets through the issuance of brokered certificates of deposit and money market accounts. Synovus Bank accesses these funds from a broad geographic base to diversify its sources of funding and liquidity. Access to these deposits could become more limited if Synovus Bank's asset quality and financial performance were to significantly deteriorate. Synovus Bank has the capacity to access funding through its membership in the FHLB System. At March 31, 2015, Synovus Bank had access to incremental funding, subject to available collateral and FHLB credit policies, through utilization of FHLB advances.

In addition to bank level liquidity management, Synovus must manage liquidity at the Parent Company for various operating needs including potential capital infusions into subsidiaries, the servicing of debt, the payment of dividends on our common stock and preferred stock, and payment of general corporate expenses. The primary source of liquidity for Synovus consists of dividends from Synovus Bank, which is governed by certain rules and regulations of the GA DBF and FDIC. During 2014, Synovus Bank paid upstream dividends totaling $182.0 million to Synovus Financial Corp. During the three months ended March 31, 2015, Synovus Bank paid an upstream dividend of $75.0 million to Synovus. Synovus' ability to receive dividends from Synovus Bank in future periods will depend on a number of factors, including, without limitation, Synovus Bank's future profits, asset quality, liquidity and overall condition. In addition, GA DBF rules and related statutes contain additional restrictions on payments of dividends by Synovus Bank. In particular, the Georgia Financial Institutions Code contains restrictions on the ability of a Georgia bank to pay dividends other than from retained earnings without the approval of the GA DBF. As a result of this restriction, Synovus Bank is currently required to seek approval from the GA DBF to pay dividends to Synovus.

Synovus presently believes that the sources of liquidity discussed above, including existing liquid funds on hand, are sufficient to meet its anticipated funding needs through the near future. However, if economic conditions were to significantly deteriorate, regulatory capital requirements for Synovus or Synovus Bank increase as the result of regulatory directives or otherwise, or Synovus believes it is prudent to enhance current liquidity levels, then Synovus may seek additional liquidity from external sources. See "Part I – Item 1A. Risk Factors - Changes in the cost and availability of funding due to changes in the deposit market and credit market, or the way in which we are perceived in such markets, may adversely affect our capital resources, liquidity and financial results." of Synovus' 2014 Form 10-K.

Earning Assets and Sources of Funds

Average total assets for the three months ended March 31, 2015 increased $1.00 billion, or 3.8%, to $27.33 billion as compared to $26.33 billion for the first three months of 2014. Average earning assets increased $1.10 billion, or 4.6%, in the first three months of 2015 compared to the same period in 2014 and represented 92.0% of average total assets at March 31, 2015, as compared to 91.3% at March 31, 2014. The increase in average earning assets resulted from a $1.03 billion increase in average loans, and a $188.0 million increase in federal funds sold, due from Federal Reserve Bank, and other short-term investments. Average non-interest bearing demand deposits increased $571.5 million or 10.3%, to $6.11 billion for the first three months of 2015 compared to the same period in 2014. Average interest bearing liabilities increased $376.3 million, or 2.1%, to $17.94 billion for the first three months of 2015 compared to the same period in 2014. The increase in interest bearing liabilities was driven by a $385.9 million increase in brokered time deposits and a $133.3 million increase in money market deposit accounts (excluding brokered deposits).

Net interest income for the three months ended March 31, 2015 was $203.3 million, an increase of $2.7 million, or 1.37%, compared to $200.5 million for the three months ended March 31, 2014.

The net interest margin for the three months ended March 31, 2015 was 3.28%, down 11 bps from 3.39% for the three months ended March 31, 2014. Earning asset yields decreased by 13 bps compared to the three months ended March 31, 2014 while the effective cost of funds decreased by 2 bps. The primary factor negatively impacting earning asset yields was a 15 bp decline in loan yields.

On a sequential quarter basis, net interest income decreased by $4.2 million and the net interest margin decreased by 6 bps to 3.28%. The decrease in net interest income for the first quarter was driven by the margin decrease as well as two less calendar days and was partially offset by a $254.1 million increase in average loans. Yields on earning assets decreased by 5 bps while the effective cost of funds increased by 1 bp. The primary factors negatively impacting earning asset yields were a 3 bp decline in loan yields and an increase in the average balance of lower yielding funds held at the Federal Reserve Bank. The effective cost of

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funds was negatively impacted by a 5 bp increase in the cost of brokered time deposits and a 3 bp increase in money markets (excluding brokered deposits).

Current expectations are for further downward pressure on the net interest margin during the second quarter of 2015. This expectation is primarily due to a projected further decrease in loan yields and the timing of deployment of additional liquidity generated from deposit growth.

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Quarterly yields earned on average interest-earning assets and rates paid on average interest-bearing liabilities for the five most recent quarters are presented below.

Average Balances, Interest, and Yields	2015			2014
(dollars in thousands) (yields and rates annualized)	First Quarter			Fourth Quarter			Third Quarter			Second Quarter		First Quarter
Interest Earning Assets:
Taxable investment securities (1)	$	2,998,597		3,027,769			3,035,940			3,091,537		3,181,678
Yield	1.85		%	1.85			1.84			1.87		1.91
Tax-exempt investment securities(1)(3)	$	4,967		5,030			5,168			5,781		6,421
Yield (taxable equivalent) (3)	6.21		%	6.19			6.21			6.23		6.24
Trading account assets	$	14,188		12,879			16,818			16,011		20,346
Yield	3.02		%	3.08			2.52			2.25		3.16
Commercial loans(2)(3)	$	17,176,641		16,956,294			16,603,287			16,673,930		16,451,594
Yield	4.06		%	4.09			4.17			4.19		4.21
Consumer loans(2)	$	3,929,188		3,895,397			3,814,160			3,695,010		3,628,347
Yield	4.45		%	4.42			4.44			4.51		4.53
Allowance for loan losses	$	(257,167	)	(268,659		)	(274,698		)	(293,320	)	(307,078	)
Loans, net (2)	$	20,848,662		20,583,032			20,142,749			20,075,620		19,772,863
Yield	4.19		%	4.22			4.29			4.32		4.34
Mortgage loans held for sale	$	64,507		60,892			70,766			59,678		38,699
Yield	3.92		%	3.84			3.96			4.13		4.15
Federal funds sold, due from Federal Reserve Bank, and other short-term investments	$	1,123,250		898,871			974,363			843,018		935,300
Yield	0.24		%	0.23			0.23			0.23		0.23
Federal Home Loan Bank and Federal Reserve Bank Stock (4)	$	80,813		75,547			78,131			76,172		82,585
Yield	3.90		%	4.53			3.57			4.15		3.21
Total interest earning assets	$	25,134,984		24,664,020			24,323,935			24,167,817		24,037,892
Yield	3.73		%	3.78			3.81			3.86		3.86
Interest Bearing Liabilities:
Interest bearing demand deposits	$	3,800,476		3,781,389			$	3,722,599		3,830,956		3,878,590
Rate	0.19		%	0.19			0.19			0.19		0.19
Money Market accounts	$	6,210,704		$	6,009,897		$	6,044,138		6,033,523		6,077,357
Rate	0.32		%	0.29			0.29			0.31		0.32
Savings deposits	$	649,597		638,813			645,654			644,103		616,962
Rate	0.05		%	0.07			0.07			0.09		0.10
Time deposits under $100,000	$	1,324,513		1,315,905			1,335,848			1,364,322		1,423,487
Rate	0.61		%	0.57			0.56			0.57		0.59
Time deposits over $100,000	$	1,926,380		1,877,602			1,871,136			1,824,349		1,956,925
Rate	0.80		%	0.76			0.75			0.74		0.76
Brokered money market accounts	$	181,754		191,103			174,538			184,233		207,681
Rate	0.30		%	0.28			0.27			0.27		0.26
Brokered time deposits	$	1,413,068		1,411,252			1,320,082			1,216,934		1,027,167
Rate	0.63		%	0.58			0.52			0.51		0.62
Total interest bearing deposits	$	15,506,492		15,225,961			15,113,995			15,098,420		15,188,169
Rate	0.39		%	0.36			0.35			0.36		0.38
Federal funds purchased and other short-term liabilities	$	222,658		186,993			171,429			219,490		215,027
Rate	0.08		%	0.07			0.08			0.13		0.14
Long-term debt	$	2,207,215		2,084,636			2,142,705			2,099,578		2,156,836
Rate	2.41		%	2.55			2.54			2.58		2.52
Total interest bearing liabilities	$	17,936,365		17,497,590			17,428,129			17,417,488		17,560,032
Rate	0.63		%	0.62			0.62			0.62		0.64
Non-interest bearing demand deposits	$	6,108,558		6,110,047			5,824,592			5,765,287		5,537,090

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Effective cost of funds	0.45		%	0.44	0.44	0.45	0.47
Net interest margin	3.28		%	3.34	3.37	3.41	3.39
Taxable equivalent adjustment (3)	$	349		372	408	443	455

⁽¹⁾ Excludes net unrealized gains and (losses).

⁽²⁾ Average loans are shown net of deferred fees and costs. Non-performing loans are included.

⁽³⁾ Reflects taxable-equivalent adjustments, using the statutory federal income tax rate of 35%, in adjusting interest on tax-exempt loans and investment securities to a taxable-equivalent basis.

⁽⁴⁾Included as a component of Other Assets on the balance sheet.

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Net Interest Income and Rate/Volume Analysis

The following tables set forth the major components of net interest income and the related annualized yields and rates for the three months ended March 31, 2015 and 2014, as well as the variances between the periods caused by changes in interest rates versus changes in volume.

Net Interest Income and Rate/Volume Analysis
	Three Months Ended March 31,											2015 Compared to 2014
	Average Balances					Interest			Annualized Yield/Rate			Change due to					Increase (Decrease)
(dollars in thousands)	2015			2014		2015		2014	2015		2014	Volume			Rate
Assets
Interest earning assets:
Taxable investment securities	$	2,998,597		3,181,678		$	13,893	15,192	1.85	%	1.91	$	(862	)	(437	)	$	(1,299	)
Tax-exempt investment securities(2)	4,967			6,421		77		100	6.21		6.24	(22		)	(1	)	(23		)
Total investment securities	3,003,564			3,188,099		13,970		15,292	1.86		1.92	(884		)	(438	)	(1,322		)
Trading account assets	14,188			20,346		107		161	3.02		3.16	(48		)	(6	)	(54		)
Taxable loans, net(1)	21,027,659			19,979,290		214,672		210,584	4.14		4.27	11,038			(6,950	)	4,088
Tax-exempt loans, net(1)(2)	78,170			100,651		920		1,200	4.77		4.84	(268		)	(12	)	(280		)
Allowance for loan losses	(257,167		)	(307,078	)
Loans, net	20,848,662			19,772,863		215,592		211,784	4.19		4.34	10,770			(6,962	)	3,808
Mortgage loans held for sale	64,507			38,699		632		402	3.92		4.15	264			(34	)	230
Federal funds sold, due from Federal Reserve Bank, and other short-term investments	1,123,250			935,300		661		536	0.24		0.23	102			23		125
Federal Home Loan Bank and Federal Reserve Bank stock	80,813			82,585		788		662	3.90		3.21	(14		)	140		126
Total interest earning assets	$	25,134,984		24,037,892		$	231,750	228,837	3.72	%	3.86	$	10,190		(7,277	)	$	2,913
Cash and due from banks	449,538			396,752
Premises and equipment, net	454,365			465,896
Other real estate	85,090			113,704
Other assets(3)	1,205,717			1,311,865
Total assets	$	27,329,694		26,326,109
Liabilities and Shareholders' Equity
Interest-bearing liabilities:
Interest-bearing demand deposits	$	3,800,476		3,878,590		$	1,748	1,789	0.19	%	0.19	$	(36	)	(5	)	$	(41	)
Money market accounts	6,392,458			6,285,037		4,971		4,946	0.31		0.32	85			(60	)	25
Savings deposits	649,597			616,962		88		154	0.05		0.10	8			(74	)	(66		)
Time deposits	4,663,961			4,407,580		8,012		7,332	0.68		0.67	424			256		680
Federal funds purchased and securities sold under repurchase agreements	222,658			215,027		43		77	0.08		0.14	3			(37	)	(34		)
Long-term debt	2,207,215			2,156,836		13,276		13,570	2.41		2.52	313			(607	)	(294		)
Total interest-bearing liabilities	$	17,936,365		17,560,032		$	28,138	27,868	0.63		0.64	$	797		(527	)	$	270
Non-interest bearing deposits	6,108,558			5,537,090
Other liabilities	246,917			251,831
Shareholders' equity	3,037,854			2,977,156
Total liabilities and equity	$	27,329,694		26,326,109
Net interest income/margin						203,612		200,969	3.28	%	3.39	$	9,393		(6,750	)	$	2,643
Taxable equivalent adjustment						349		455
Net interest income, actual						$	203,263	200,514

(1) Average loans are shown net of unearned income. Non-performing loans are included. Interest income includes fees as follows: 2015 - $8.2 million, 2014 - $6.5 million.

(2) Reflects taxable-equivalent adjustments, using the statutory federal income tax rate of 35% in adjusting interest on tax-exempt loans and investment securities to a taxable-

equivalent basis.

(3) Includes average net unrealized gains (losses) on investment securities available for sale of $26.6 million and ($6.0) million for the three months ended March 31, 2015 and

2014, respectively.

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Market Risk Analysis

Interest rate risk is the primary market risk to which Synovus is potentially exposed. Synovus measures its sensitivity to changes in market interest rates through the use of a simulation model. Synovus uses this simulation model to determine a baseline net interest income forecast and the sensitivity of this forecast to changes in interest rates. These simulations include all of Synovus’ earning assets and liabilities. Forecasted balance sheet changes, primarily reflecting loan and deposit growth forecasts, are included in the periods modeled. Anticipated deposit mix changes in each interest rate scenario are also included in the periods modeled.

Synovus has modeled its baseline net interest income forecast assuming a flat interest rate environment with the federal funds rate at the Federal Reserve’s current targeted range of 0% to 0.25% and the current prime rate of 3.25%. Due to the targeted federal funds rate being at or near 0% at this time, only rising rate scenarios have been modeled. Synovus has modeled the impact of a gradual increase in short-term rates of 100 and 200 basis points to determine the sensitivity of net interest income for the next twelve months. Synovus continues to maintain a modestly asset sensitive position which would be expected to benefit net interest income in a rising interest rate environment. The following table represents the estimated sensitivity of net interest income to these changes in short term interest rates at March 31, 2015, with comparable information for December 31, 2014.

	Estimated % Change in Net Interest Income as Compared to Unchanged Rates (for the next twelve months)
Change in Short-term Interest Rates (in basis points)	March 31, 2015	December 31, 2014
+200	7.1%	6.7%
+100	4.5%	4.3%
Flat	—%	—%

Several factors could serve to diminish or eliminate this asset sensitivity. These factors include a higher than projected level of deposit customer migration to higher cost deposits, such as certificates of deposit, which would increase total interest expense and serve to reduce the realized level of asset sensitivity. Another factor which could impact the realized interest rate sensitivity is the repricing behavior of interest bearing non-maturity deposits. Assumptions for repricing are expressed as a beta relative to the change in the prime rate. For instance, a 50% beta would correspond to a deposit rate that would increase 0.5% for every 1% increase in the prime rate. Projected betas for interest bearing non-maturity deposit repricing are a key component of determining the Company's interest rate risk positioning. Should realized betas be higher than projected betas, the expected benefit from higher interest rates would be diminished. The following table presents an example of the potential impact of an increase in repricing betas on Synovus' realized interest rate sensitivity position.

	As of March 31, 2015
Change in Short-term Interest Rates (in basis points)	Base Scenario	15% Increase in Average Repricing Beta
+200	7.1%	5.6%
+100	4.5%	3.7%

The net interest income simulation model is the primary tool utilized to evaluate potential interest rate risks over a shorter

term time horizon. Synovus also evaluates potential longer term interest rate risk through modeling and evaluation of economic

value of equity (EVE). Simulation modeling is utilized to measure the economic value of equity and its sensitivity to immediate

changes in interest rates. These simulations value only the current balance sheet and do not incorporate growth assumptions used in the net interest income simulation. The economic value of equity is the net fair value of assets, liabilities, and off-balance sheet financial instruments derived from the present value of future cash flows discounted at current market interest rates. From this baseline valuation, Synovus evaluates changes in the value of each of these items in various interest rate scenarios to determine the net impact on the economic value of equity. As illustrated in the table below, the economic value of equity model indicates that, compared with a valuation assuming stable rates, EVE is projected to increase by 5.4% and 8.4%, assuming an immediate and sustained increase in interest rates of 100 and 200 basis points, respectively.

	Estimated Change in EVE
Immediate Change in Interest Rates (in basis points)	March 31, 2015	December 31, 2014
+200	8.4%	6.7%
+100	5.4%	4.4%

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ADDITIONAL DISCLOSURES

Recently Issued Accounting Standards

The following ASUs will be implemented effective January 1, 2016 or later:

ASU 2014-09,Revenue from Contracts with Customers. ASU 2014-09 establishes a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The standard is intended to increase comparability across industries and jurisdictions. The core principle of the revenue model is that a company will recognize revenue when it transfers control of goods or services to customers at an amount that reflects the consideration to which it expects to be entitled in exchange for those goods or services.

On April 29, 2015, the FASB issued an exposure draft of a proposed ASU that would delay by one year the effective date of ASU 2014-09. Under the proposal, the standard would be effective for annual reporting periods beginning after December 15, 2017, and the interim periods within that year, for public business entities. As such, for Synovus, the ASU will be effective on January 1, 2018. This proposal represents a one-year deferral from the original effective date.

The proposal would permit early adoption for all entities (i.e., both public business entities and other entities) as of the original effective date for public business entities, which was annual reporting periods beginning after December 15, 2016, and the interim periods within that year. Early adoption prior to this date would not be permitted.

Additionally, at a joint meeting of the FASB and IASB, the FASB and IASB tentatively decided to clarify certain aspects of their new revenue recognition standard in response to implementation questions from stakeholders, many of which have been discussed at meetings of the boards’ joint transition resource group on revenue recognition. Portions of the standard that would be clarified include those related to licenses of intellectual property and identifying performance obligations. Other potential amendments that have been discussed include the addition of practical expedients related to the presentation of sales tax and the determination of contract modifications, clarifications related to the measurement of noncash consideration, and amendments to the assessment of collectability.

The FASB staff will draft a proposed ASU for possible ratification by the Board at a future meeting. It is possible that the draft may be exposed in June or July of 2015.

Management is currently evaluating the impact of this ASU on Synovus’ consolidated financial statements. The standard is expected to potentially impact ORE sales, interchange revenue, credit card loyalty programs, uncollectible credit card interest and fees, asset managers’ performance fees, treasury management services revenue, and miscellaneous fees; however the overall financial statement impact for Synovus is not expected to be material. Extensive new disclosures will be required, including disaggregation of total revenue, information about performance obligations, changes in contract asset and liability account balances between periods, and information about key judgments and estimates and policy decisions regarding revenue recognition.

ASU 2015-02,Amendments to the Consolidation Analysis. ASU 2015-02 was issued by the FASB to modify the analysis that companies must perform to determine whether a legal entity should be consolidated. ASU 2015-02 simplifies current consolidation rules by reducing the number of consolidation models; placing more emphasis on risk of loss when determining a controlling financial interest; reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (VIE); and changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. Although the ASU is expected to result in the deconsolidation of many entities, companies will need to reevaluate all their previous consolidation conclusions. ASU 2015-02 will be effective for annual reporting periods beginning after December 15, 2015. Early adoption is permitted. Management is currently evaluating the impact of the accounting update on Synovus’ consolidated financial statements.

ASU 2015-03,Simplifying the Presentation of Debt Issuance Costs. On April 7, 2015, the FASB issued a new ASU that intends to simplify the presentation of debt issuance costs. The new standard will more closely align the presentation of debt issuance costs under U.S. GAAP with the presentation under comparable IFRS standards.

Under current accounting standards, debt issuance costs are reported on the balance sheet as assets and amortized as interest expense. The new ASU requires that debt issuance costs be presented on the balance sheet as a direct deduction from the carrying amount of the related debt liability, which is similar to the presentation of debt discounts or premiums. The costs will continue to be amortized to interest expense using the effective interest method. The cost of issuing debt will no longer be recorded as a separate asset, except when incurred before receipt of the funding from the associated debt liability. The ASU requires retrospective application to all prior periods presented in the financial statements. The ASU is effective for public business entities for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Adoption of ASU 2015-03 will not have a material impact on Synovus’ consolidated financial statements.

See Note 1 of the notes to the unaudited interim consolidated financial statements for a discussion of recently issued accounting standards updates.

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Critical Accounting Policies

The accounting and financial reporting policies of Synovus are in accordance with U.S. GAAP and conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Synovus has identified certain of its accounting policies as “critical accounting policies,” consisting of those related to the allowance for loan losses, deferred tax assets valuation allowance, other real estate, and determining the fair value of financial instruments. In determining which accounting policies are critical in nature, Synovus has identified the policies that require significant judgment or involve complex estimates. It is management's practice to discuss critical accounting policies with the Board of Directors' Audit Committee, including the development, selection, implementation and disclosure of the critical accounting policies. The application of these policies has a significant impact on Synovus’ unaudited interim consolidated financial statements. Synovus’ financial results could differ significantly if different judgments or estimates are used in the application of these policies. All accounting policies described in Note 1 - Summary of Significant Accounting Policies in Synovus' 2014 Form 10-K should be reviewed for a greater understanding of how we record and report our financial performance. During the three months ended March 31, 2015, there have been no significant changes to Synovus’ critical accounting policies, estimates and assumptions, or the judgments affecting the application of these estimates and assumptions from those disclosed in Synovus' 2014 Form 10-K.

Non-GAAP Financial Measures

The measures entitled adjusted pre-tax, pre-credit costs income, adjusted non-interest income, adjusted non-interest expense, average core deposits, average core deposits excluding average SCM deposits, average non-interest bearing demand deposits excluding average SCM deposits, the tangible common equity to tangible assets ratio, Tier 1 common equity and the Tier 1 common equity ratio are not measures recognized under U.S. GAAP and therefore are considered non-GAAP financial measures. The most comparable GAAP measures are income before income taxes, total non-interest income, total non-interest expense, total deposits, the ratio of total shareholders’ equity to total assets, Tier 1 capital, and the ratio of Tier 1 capital to risk-weighted assets, respectively.

Management uses these non-GAAP financial measures to assess the performance of Synovus’ core business and the strength of its capital position. Synovus believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist investors in evaluating Synovus’ operating results, financial strength and capital position. These non-GAAP financial measures should not be considered as a substitute for operating results determined in accordance with GAAP and may not be comparable to other similarly titled measures at other companies. Adjusted pre-tax, pre-credit costs income is a measure used by management to evaluate core operating results exclusive of credit costs as well as certain revenues and expenses such as investment securities gains, net and restructuring charges. Adjusted non-interest income is a measure used by management to evaluate non-interest income exclusive of net investment securities gains and other non-recurring income items. Adjusted non-interest expense is a measure used by management to gauge the success of expense management initiatives focused on reducing recurring controllable operating costs. Average core deposits, average core deposits excluding average SCM deposits, and average non-interest bearing demand deposits excluding average SCM deposits are measures used by management to evaluate organic growth of deposits and the quality of deposits as a funding source. The tangible common equity to tangible assets ratio,Tier 1 common equity, and the Tier 1 common equity ratio are used by management and investment analysts to assess the strength of Synovus’ capital position. The computations of these measures are set forth in the tables below.

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Reconciliation of Non-GAAP Financial Measures	Three Months Ended
(in thousands)	March 31, 2015			December 2014		March 31, 2014
Adjusted Pre-tax, Pre-credit Costs Income
Income before income taxes	$	85,812		78,928		77,024
Add: Provision for loan losses	4,397			8,193		9,511
Add: Other credit costs (1)	11,273			8,213		8,128
Add: Restructuring charges	(107		)	3,484		8,577
Add: Litigation settlement expenses(2)	—			463		—
Add: Visa indemnification charges	375			310		396
Less: Investment securities gains, net	(725		)	—		(1,331	)
Less: Gain on sale of Memphis branches, net	—			—		(5,789	)
Adjusted pre-tax, pre-credit costs income	$	101,025		99,591		96,516
Adjusted Non-interest Income
Total non-interest income	$	65,854		64,549		70,182
Less: Investment securities gains, net	(725		)	—		(1,331	)
Less: Gain on sale of Memphis branches, net	—			—		(5,789	)
Adjusted non-interest income	$	65,129		64,549		63,062
Adjusted Non-interest Expense
Total non-interest expense	$	178,908		184,883		184,161
Less: Other credit costs(1)	(11,273		)	(8,213	)	(8,128	)
Less: Restructuring charges	107			(3,484	)	(8,577	)
Less: Visa indemnification charges	(375		)	(310	)	(396	)
Less: Litigation settlement expenses(2)	—			(463	)	—
Adjusted non-interest expense	$	167,367		172,413		167,060

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Reconciliation of Non-GAAP Financial Measures, continued	Three Months Ended
(dollars in thousands)	March 31, 2015			December 31, 2014			March 31, 2014
Average Core Deposits, Average Core Deposits Excluding Average SCM Deposits, and Average Non-Interest Bearing Deposits Excluding Average SCM deposits
Average total deposits	$	21,615,049		21,336,007			20,725,259
Less: Average brokered deposits	(1,594,822		)	(1,602,354		)	(1,234,847		)
Average core deposits	$	20,020,227		19,733,653			19,490,412
Less: Average SCM deposits	(2,224,193		)	(2,184,757		)	(2,365,096		)
Average core deposits excluding average SCM deposits	$	17,796,034		$	17,548,896		$	17,125,316
Average non-interest bearing deposits	$	6,108,558		6,110,047			5,537,090
Less: Average SCM non-interest bearing deposits	(734,177		)	(794,852		)	(685,070		)
Average non-interest bearing deposits excluding average SCM deposits	$	5,374,381		$	5,315,195		$	4,852,020
(dollars in thousands)	March 31, 2015			December 31, 2014			March 31, 2014
Tangible Common Equity to Tangible Assets Ratio
Total assets	$	27,633,784		27,051,231			26,435,426
Less: Goodwill	(24,431		)	(24,431		)	(24,431		)
Less: Other intangible assets, net	(1,061		)	(1,265		)	(1,883		)
Tangible assets	$	27,608,292		27,025,535			26,409,112
Total shareholders' equity	3,030,635			3,041,270			2,998,496
Less: Goodwill	(24,431		)	(24,431		)	(24,431		)
Less: Other intangible assets, net	(1,061		)	(1,265		)	(1,883		)
Less: Series C Preferred Stock, no par value	(125,980		)	(125,980		)	(125,980		)
Tangible common equity	$	2,879,163		2,889,594			2,846,202
Total shareholders' equity to total assets ratio	10.97		%	11.24			11.34
Tangible common equity to tangible assets ratio	10.43		%	10.69			10.78

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Reconciliation of Non-GAAP Financial Measures, continued
(dollars in thousands)	December 31, 2014			March 31, 2014
Tier 1 Common Equity and Tier 1 Common Equity Ratio
Total shareholders' equity	$	3,041,271		2,998,496
Less: Accumulated other comprehensive loss, net	12,605			30,463
Less: Goodwill	(24,431		)	(24,431	)
Less: Other intangible assets, net	(1,265		)	(1,883	)
Less: Disallowed deferred tax assets(3)	(492,199		)	(579,537	)
Other items	7,644			7,682
Tier 1 capital	$	2,543,625		2,430,790
Less: Qualifying trust preferred securities	(10,000		)	(10,000	)
Less: Series C Preferred Stock, no par value	(125,980		)	(125,980	)
Tier 1 common equity	$	2,407,645		2,294,810
Total risk-weighted assets	$	23,431,497		22,404,099
Tier 1 capital ratio	10.86		%	10.85
Tier 1 common equity ratio	10.28		%	10.24

⁽¹⁾ Other credit costs consist primarily of foreclosed real estate expense, net.

⁽²⁾ Consists of litigation settlement expenses with respect to certain legal matters. Amounts for other periods presented herein are not reported separately as amounts are not material.

⁽³⁾ Under Basel I, only one year of projected future taxable income may be applied in calculating deferred tax assets for regulatory capital purposes.

ITEM 3. – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The information presented in the Market Risk Analysis section of the Management's Discussion and Analysis of Financial Condition and Results of Operations is incorporated herein by reference.

ITEM 4. – CONTROLS AND PROCEDURES

In connection with the preparation of this Quarterly Report on Form 10-Q, an evaluation was carried out by Synovus' management, with the participation of Synovus' Chief Executive Officer and Chief Financial Officer, of the effectiveness of Synovus' disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act). Disclosure controls and procedures are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and that such information is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosures. Based on that evaluation, Synovus' Chief Executive Officer and Chief Financial Officer have concluded that, as of March 31, 2015, Synovus' disclosure controls and procedures were effective.

There have been no material changes in Synovus' internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act) that occurred during the quarter ended March 31, 2015 that has materially affected, or is reasonably likely to materially affect, Synovus' internal controls over financial reporting.

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PART II. – OTHER INFORMATION

ITEM 1. – LEGAL PROCEEDINGS

Synovus and its subsidiaries are subject to various legal proceedings and claims that arise in the ordinary course of its business. Additionally, in the ordinary course of business, Synovus and its subsidiaries are subject to regulatory examinations, information gathering requests, inquiries and investigations. In the wake of the recent financial crisis, Synovus, like many other financial institutions, has been the target of numerous legal actions and other proceedings asserting claims for damages and related relief for losses resulting from the recent financial crisis. These actions include claims and counterclaims asserted by individual borrowers related to their loans and allegations of violations of state and federal laws and regulations relating to banking practices, including several purported putative class action matters. In addition to actual damages if Synovus does not prevail in such asserted legal action, credit-related litigation could result in additional write-downs or charge-offs of assets, which could adversely affect Synovus' results of operations during the period in which the write-down or charge-off occurred.

Based on Synovus' current knowledge and advice of counsel, management presently does not believe that the liabilities arising from these legal matters will have a material adverse effect on Synovus' consolidated financial condition, results of operations or cash flows. However, it is possible that the ultimate resolution of these legal matters could have a material adverse effect on Synovus' results of operations for any particular period. For additional information, see "Part I - Item 1. Financial Statements - Note 14 - Legal Proceedings" of this Report, which Note is incorporated herein by this reference.

ITEM 1A. – RISK FACTORS

In addition to the other information set forth in this Report, you should carefully consider the factors discussed in “Risk Factors” in Part I-Item 1A of Synovus’ 2014 Form 10-K which could materially affect its business, financial position, results of operations, cash flows, or future results. Please be aware that these risks may change over time and other risks may prove to be important in the future. New risks may emerge at any time, and we cannot predict such risks or estimate the extent to which they may affect our business, financial condition or results of operations, or the trading price of our securities.

There were no material changes during the period covered by this Report to the risk factors previously disclosed in Synovus’ 2014 10-K.

ITEM 2. – UNREGISTERED SALES OF SECURITIES AND USE OF PROCEEDS

(a) None.

(b) None.

(c) Issuer Purchases of Equity Securities:

On October 21, 2014, Synovus announced a $250 million share repurchase program, which will expire on October 23, 2015. The table below sets forth information regarding repurchases of our common stock during the first quarter of 2015.

Share Repurchases	Total Number of Shares Repurchased	Average Price Paid per Share(1)		Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs	Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
January 2015	861,398	$	25.25	861,398	$	150,313,557
February 2015	730,000	27.44		730,000	130,283,496
March 2015	980,200	27.96		980,200	102,874,690
Total	2,571,598	$	26.91	2,571,598	$	102,874,690

⁽¹⁾ The average price paid per share is calculated on a trade date basis for all open market transactions and excludes commissions and other transaction expenses. The average price paid per share for January 2015 excludes $4.4 million relating to final settlement for 2,510,460 shares repurchased in October 2014 in conjunction with the accelerated share repurchase (ASR) agreement discussed below.

During October 2014, Synovus entered into an accelerated share repurchase (ASR) agreement to purchase $75.0 million of Synovus common stock, under the share repurchase program. As of December 31, 2014, Synovus had repurchased 2,510,460 shares of common stock under the ASR agreement. During January 2015, Synovus repurchased 391,612 shares of common stock upon completion of the ASR agreement. In total, the average repurchase price pursuant to the ASR agreement was $25.84 per

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share. Additionally, during the first quarter of 2015, Synovus repurchased $59.1 million, or 2.2 millionshares, of common stock through open market transactions under the share repurchase program.

ITEM 3. – DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. – MINE SAFETY DISCLOSURES

None.

ITEM 5. – OTHER INFORMATION

None.

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ITEM 6. – EXHIBITS

Exhibit Number	Description
3.1	Amended and Restated Articles of Incorporation of Synovus, as amended, incorporated by reference to Exhibit 3.1 of Synovus’ Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, as filed with the SEC on August 9, 2010.
3.2	Articles of Amendment to the Amended and Restated Articles of Incorporation of Synovus with respect to the Series C Preferred Stock, incorporated by reference to Exhibit 3.1 to Synovus' Current Report on Form 8-K dated July 25, 2013, as filed with the SEC on July 25, 2013.
3.3	Articles of Amendment to the Amended and Restated Articles of Incorporation of Synovus, incorporated by reference to Exhibit 3.1 to Synovus' Current Report on Form 8-K dated April 29, 2014, as filed with the SEC on April 29, 2014.
3.4	Articles of Amendment to the Amended and Restated Articles of Incorporation of Synovus, incorporated by reference to Exhibit 3.1 to Synovus' Current Report on Form 8-K dated May 19, 2014, as filed with the SEC on May 19, 2014.
3.5	Bylaws, as amended, of Synovus, incorporated by reference to Exhibit 3.1 of Synovus' Current Report on Form 8-K dated November 8, 2010, as filed with the SEC on November 9, 2010.
4.1	Specimen stock certificate for Fixed Rate Cumulative Perpetual Stock, Series A, incorporated by reference to Exhibit 4.2 of Synovus' Current Report on Form 8-K dated December 17, 2008, as filed with the SEC on December 22, 2008.
4.2	Specimen stock certificate for Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C, incorporated by reference to Exhibit 4.1 of Synovus' Current Report in Form 8-K dated July 2, 2013, as filed with the SEC on July 25, 2013.
4.3	Warrant for purchase of up to 15,510,737 shares of Synovus common stock, incorporated by reference o Exhibit 4.1 of Synovus' Current Report on Form 8-K dated December 17, 2008, as filed with the SEC on December 22, 2008.
4.4	Shareholder Rights Plan, dated as of April 26, 2010, between Synovus Financial Corp. and Mellon Investor Services LLC, as Rights Agent, which includes the Form of Articles of Amendment to the Articles of Incorporation of Synovus Financial Corp. (Series B Participating Cumulative Preferred Stock) as Exhibit A, the Summary of Terms of the Rights Agreement as Exhibit B and the Form of Right Certificate as Exhibit C, incorporated by reference to Exhibit 4.1 of Synovus' Current Report on Form 8-K dated April 26, 2010, as filed with the SEC on April 26, 2010.
4.5	Amendment No. 1, dated as of September 6, 2011 to Shareholder Rights Plan between Synovus Financial Corp. and American Stock Transfer & Trust Company, LLC, incorporated by reference to Exhibit 4.1 of Synovus' Current Report on Form 8-K dated September 6, 2011, as filed with the SEC on September 6, 2011.
4.6	Amendment No. 2, dated April 24, 2013, to Shareholder Rights Plan dated as of April 26, 2010 (as amended) by and between Synovus Financial Corp. and American Stock Transfer and Trust Company, LLC, incorporated by reference to Exhibit 4.1 of Synovus' Current Report on Form 8-K dated April 24, 2013, as filed with the SEC on April 24, 2013.
4.7	Summary of Plan Adjustments, effective as of May 16, 2014, to Shareholder Rights Plan between Synovus Financial Corp. and American Stock Transfer & Trust Company, LLC, incorporated by reference to Exhibit 99.2 of Synovus' Current Report on Form 8-K dated may 19, 2014, as filed with the SWEC on May 19, 2014.
4.8	Indenture, dated as of June 20, 2005, between Synovus Financial Corp. and The Bank of New York Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4.1 of Synovus' Registration Statement on Form S-4 (No. 333-126767) filed with the SEC on July 21, 2005.
4.9	Senior Notes Indenture, dated as of February 13, 2012, between Synovus Financial Corp. and The Bank of New York Melton Trust Company, N.A., as trustee, incorporated by reference to Exhibit 4.1 of Synovus' Current Report on Form 8-K dated February 8, 2012, as filed with the SEC on February 13, 2012.
4.10	Specimen Physical Stock Certificate of Synovus, incorporated by reference to Exhibit 4.1 to Synovus' Current Report on Form 8-K dated May 19, 2014, as filed with the SEC on May 19, 2014.
10.1	Summary of Board of Directors Compensation.
12.1	Ratio of Earnings to Fixed Charges.

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31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101	Interactive Data File

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

	SYNOVUS FINANCIAL CORP.
May 6, 2015	By:	/s/ Thomas J. Prescott
Date		Thomas J. Prescott
		Executive Vice President and Chief Financial Officer
		(Duly Authorized Officer and Principal Financial Officer)

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EX-10.1

Exhibit 10.1

SYNOVUS FINANCIAL CORP.
Board of Directors Compensation
(Effective April 23, 2015)

Cash Compensation
Annual Board Retainer	$	50,000
Annual Board Committee Member Retainers:
Audit Committee	$	15,000
Compensation Committee	$	10,000
Corporate Governance and Nominating Committee	$	10,000
Risk Committee	$	10,000
Annual Committee Chair Retainers:**
Audit Committee	$	15,000
Compensation Committee	$	10,000
Corporate Governance and Nominating Committee	$	10,000
Risk Committee	$	10,000
Annual Lead Director Retainer	$	10,000

** Note: The committee chair will receive both an annual committee member retainer and an annual committee chair retainer.

Equity Compensation
An award of $55,000 in restricted stock units, which becomes fully vested and transferable upon the earlier to occur of the (x) completion of three years of service and (y) date the holder reaches age 72.
Director Stock Purchase Plan
Annual maximum company cash contribution per director participant to company-sponsored open market stock purchase plan, with company’s contribution equal to 15% of director participant’s cash contribution, subject to annual maximum contribution limit by director of $20,000	$	3,000

EX-12.1

EXHIBIT 12.1

SYNOVUS FINANCIAL CORP.

RATIO OF EARNINGS TO FIXED CHARGES

	Nine Months Ended September 30, 2014			Years Ended December 31,
(dollars in thousands)				2013	2012	2011		2010		2009
Ratio 1 – Including interest on deposits
Earnings:
Income (loss) from continuing operations before income taxes	$	223,631		252,628	31,477	(59,532	)	(849,170	)	(1,605,908	)
Fixed charges excluding preferred stock dividends and accretion	87,878			126,379	158,225	225,938		342,675		506,873
Total	$	311,509		379,007	189,702	166,406		(506,495	)	(1,099,035	)
Fixed charges:
Interest on deposits	41,246			64,392	95,749	173,885		288,327		456,247
Interest on short-term borrowings	186			324	614	1,063		1,921		3,841
Interest on long-term debt	40,728			54,106	53,659	42,654		44,000		38,791
Portion of rents representative of the interest factor (1/3) of expense	5,718			7,557	8,203	8,336		8,426		7,994
Preferred stock dividends and accretion	7,678			40,830	58,703	58,088		57,510		56,966
Total fixed charges including preferred stock dividends and accretion	$	95,556		167,209	216,928	284,026		400,184		563,839
Ratio of earnings to fixed charges	3.26		x	2.27x	0.87x	0.59x		nm		nm
Ratio 2 – Excluding interest on deposits
Earnings:
Income (loss) from continuing operations before income taxes	$	223,631		252,628	31,477	(59,532	)	(849,170	)	(1,605,908	)
Fixed charges excluding preferred stock dividends and accretion	46,632			61,987	62,475	52,053		54,347		50,626
Total	$	270,263		314,615	93,952	(7,479	)	(794,823	)	(1,555,282	)
Fixed charges:
Interest on short-term borrowings	186			324	614	1,063		1,921		3,841
Interest on long-term debt	40,728			54,106	53,659	42,654		44,000		38,791
Portion of rents representative of the interest factor (1/3) of expense	5,718			7,557	8,203	8,337		8,426		7,994
Preferred stock dividends and accretion	7,678			40,830	58,703	58,088		57,510		56,966
Total fixed charges including preferred stock dividends and accretion	$	54,310		102,817	121,179	110,142		111,857		107,592
Ratio of earnings to fixed charges	4.98		x	3.06x	0.78x	nm		nm		nm

EX-31.1

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

I, Kessel D. Stelling, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Synovus Financial Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under Synovus’ supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to Synovus by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under Synovus’ supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on Synovus’ most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	May 6, 2015	BY:	/s/ Kessel D. Stelling
			Kessel D. Stelling
			Chairman of the Board, President and Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Thomas J. Prescott, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Synovus Financial Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under Synovus’ supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to Synovus by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under Synovus’ supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on Synovus’ most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	May 6, 2015	BY:	/s/ Thomas J. Prescott
			Thomas J. Prescott
			Chief Financial Officer

EX-32

Exhibit 32

CERTIFICATION OF PERIODIC REPORT

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, Kessel D. Stelling, the Chief Executive Officer of Synovus Financial Corp. (the “Company”), and Thomas J. Prescott, the Chief Financial Officer of the Company, hereby certify that, to the best of their knowledge:

(1) The Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2015 (the “Report”) fully complies with the requirements of section 13(a) or section 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:	May 6, 2015	BY:	/s/ Kessel D. Stelling
			Kessel D. Stelling
			Chairman of the Board, President and Chief Executive Officer
Date:	May 6, 2015	BY:	/s/ Thomas J. Prescott
			Thomas J. Prescott
			Chief Financial Officer

This certification “accompanies” the Form 10-Q to which it relates, is not deemed filed with the SEC and is not to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended (whether made before or after the date of the Form 10-Q, irrespective of any general incorporation contained in such filing.)

XML

Investment Securities (Summary Of Sales Transactions In The Investment Securities Available For Sale Portfolio) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Investments [Abstract]
Proceeds from sale and maturity of investment securities available for sale	$ 32,419	$ 20,815
Gross realized gains	725	1,419
Gross realized losses	0	(88)
Investment securities gains, net	$ 725	$ 1,331

XML

Fair Value Accounting (Financial Instruments Measured At Fair Value On A Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	$ 20,002	$ 13,863
Investment securities available for sale	3,130,041	3,041,406
Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	171,865	179,816
Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	568,571	417,076
State And Municipal Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	5,108	5,206
Other Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	18,763	18,687
U.S. Treasury Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	43,618	42,826
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	2,207,669	2,261,681
Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	7,173	6,748
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	179	0
Investment securities available for sale	52,864	51,609
Private equity investments	0	0
Derivative assets	0	0
Salary stock units		1,206
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	19,823	13,863
Investment securities available for sale	3,075,523	2,988,152
Private equity investments	1,045	995
Derivative assets	35,494	32,117
Salary stock units		0
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	1,654	1,645
Private equity investments	27,081	27,367
Derivative assets	0	0
Salary stock units		0
Fair Value, Measurements, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	20,002	13,863
Mortgage loans held for sale	89,245	63,328
Investment securities available for sale	3,130,041	3,041,406
Private equity investments	28,126	28,362
Mutual funds held in Rabbi Trusts	11,384	11,252
Derivative assets	35,494	32,117
Trading account liabilities	1,575
Salary stock units		1,206
Derivative liabilities	36,030	33,552
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	71	145
Investment securities available for sale	171,865	179,816
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	3,390	2,449
Investment securities available for sale	568,571	417,076
Fair Value, Measurements, Recurring [Member] | State And Municipal Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	646	1,976
Investment securities available for sale	5,108	5,206
Fair Value, Measurements, Recurring [Member] | All Other Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	6,404	2,483
Fair Value, Measurements, Recurring [Member] | Other Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	9,491	6,810
Investment securities available for sale	18,763	18,687
Fair Value, Measurements, Recurring [Member] | U.S. Treasury Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	43,618	42,826
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	25,495	27,324
Fair Value, Measurements, Recurring [Member] | Securities Issued By U S Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	81,779	82,042
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	2,207,669	2,261,681
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	7,173	6,748
Fair Value, Measurements, Recurring [Member] | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading account liabilities		2,100
Fair Value, Measurements, Recurring [Member] | Interest Rate Contracts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	33,183	30,904
Derivative liabilities	33,856	31,398
Fair Value, Measurements, Recurring [Member] | Mortgage Derivatives [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	2,311	1,213
Derivative liabilities	749	753
Fair Value, Measurements, Recurring [Member] | Other Derivative Contracts, Net [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	1,425	1,401
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	179	0
Mortgage loans held for sale	0	0
Investment securities available for sale	52,864	51,609
Private equity investments	0	0
Mutual funds held in Rabbi Trusts	11,384	11,252
Derivative assets	0	0
Trading account liabilities	0
Salary stock units		1,206
Derivative liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | State And Municipal Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | All Other Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Other Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	179	0
Investment securities available for sale	2,073	2,035
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | U.S. Treasury Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	43,618	42,826
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Securities Issued By U S Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	7,173	6,748
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading account liabilities		0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Interest Rate Contracts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liabilities		0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Mortgage Derivatives [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liabilities	0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Other Derivative Contracts, Net [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	19,823	13,863
Mortgage loans held for sale	89,245	63,328
Investment securities available for sale	3,075,523	2,988,152
Private equity investments	1,045	995
Mutual funds held in Rabbi Trusts	0	0
Derivative assets	35,494	32,117
Trading account liabilities	1,575
Salary stock units		0
Derivative liabilities	34,605	32,151
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	71	145
Investment securities available for sale	171,865	179,816
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	3,390	2,449
Investment securities available for sale	568,571	417,076
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | State And Municipal Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	646	1,976
Investment securities available for sale	5,108	5,206
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | All Other Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	6,404	2,483
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Other Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	9,312	6,810
Investment securities available for sale	15,036	15,007
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | U.S. Treasury Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	25,495	27,324
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Securities Issued By U S Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	81,779	82,042
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	2,207,669	2,261,681
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading account liabilities		2,100
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Interest Rate Contracts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	33,183	30,904
Derivative liabilities	33,856	31,398
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Mortgage Derivatives [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	2,311	1,213
Derivative liabilities	749	753
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Other Derivative Contracts, Net [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Mortgage loans held for sale	0	0
Investment securities available for sale	1,654	1,645
Private equity investments	27,081	27,367
Mutual funds held in Rabbi Trusts	0	0
Derivative assets	0	0
Trading account liabilities	0
Salary stock units		0
Derivative liabilities	1,425	1,401
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | State And Municipal Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | All Other Mortgage-Backed Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Other Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading securities	0	0
Investment securities available for sale	1,654	1,645
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | U.S. Treasury Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Securities Issued By U S Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Mortgages [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Trading account liabilities		0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Interest Rate Contracts [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Mortgage Derivatives [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative assets	0	0
Derivative liabilities	0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Other Derivative Contracts, Net [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative liabilities	$ 1,425	$ 1,401

XML

Loans and Allowance for Loan Losses (Troubled Debt Restructurings) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015 Contract	Mar. 31, 2014 Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts	74	52
Recorded Investment	$ 46,434,000	$ 22,635,000
Net charge-offs	4,000,000	0
Home Equity Lines [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	11	2
Recorded Investment	1,110,000	287,000
Consumer Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	11	1
Recorded Investment	1,031,000	101,000
Credit Cards [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Other Retail Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	6	4
Recorded Investment	321,000	117,000
Investment Properties [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	3	5
Recorded Investment	20,536,000	7,674,000
1-4 Family Properties [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	13	11
Recorded Investment	17,829,000	2,543,000
Land Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	3	1
Recorded Investment	963,000	534,000
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	19	17
Recorded Investment	39,328,000	10,751,000
Commercial, Financial and Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	25	21
Recorded Investment	2,905,000	6,073,000
Owner-Occupied [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	2	7
Recorded Investment	1,739,000	5,306,000
Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	27	28
Recorded Investment	4,644,000	11,379,000
Retail [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	28	7
Recorded Investment	2,462,000	505,000
Principal Forgiveness [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	14,823,000	0
Principal Forgiveness [Member] | Home Equity Lines [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Consumer Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Credit Cards [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Other Retail Loans [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Investment Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | 1-4 Family Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	14,823,000	0
Principal Forgiveness [Member] | Land Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	14,823,000	0
Principal Forgiveness [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Owner-Occupied [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Principal Forgiveness [Member] | Retail [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0
Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	24,274,000	12,193,000
Below Market Interest Rate [Member] | Home Equity Lines [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	975,000	241,000
Below Market Interest Rate [Member] | Consumer Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	245,000	101,000
Below Market Interest Rate [Member] | Credit Cards [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Below Market Interest Rate [Member] | Other Retail Loans [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	257,000	0
Below Market Interest Rate [Member] | Investment Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	16,932,000	7,143,000
Below Market Interest Rate [Member] | 1-4 Family Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	2,856,000	429,000
Below Market Interest Rate [Member] | Land Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	255,000	0
Below Market Interest Rate [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	20,043,000	7,572,000
Below Market Interest Rate [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	1,015,000	1,791,000
Below Market Interest Rate [Member] | Owner-Occupied [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	1,739,000	2,488,000
Below Market Interest Rate [Member] | Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	2,754,000	4,279,000
Below Market Interest Rate [Member] | Retail [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	1,477,000	342,000
Term Extensions and or Other Concessions [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	7,337,000	10,442,000
Term Extensions and or Other Concessions [Member] | Home Equity Lines [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	135,000	46,000
Term Extensions and or Other Concessions [Member] | Consumer Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	786,000	0
Term Extensions and or Other Concessions [Member] | Credit Cards [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	0
Term Extensions and or Other Concessions [Member] | Other Retail Loans [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	64,000	117,000
Term Extensions and or Other Concessions [Member] | Investment Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	3,604,000	531,000
Term Extensions and or Other Concessions [Member] | 1-4 Family Properties [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	150,000	2,114,000
Term Extensions and or Other Concessions [Member] | Land Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	708,000	534,000
Term Extensions and or Other Concessions [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	4,462,000	3,179,000
Term Extensions and or Other Concessions [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	1,890,000	4,282,000
Term Extensions and or Other Concessions [Member] | Owner-Occupied [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	0	2,818,000
Term Extensions and or Other Concessions [Member] | Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	1,890,000	7,100,000
Term Extensions and or Other Concessions [Member] | Retail [Member]
Financing Receivable, Modifications [Line Items]
Recorded Investment	$ 985,000	$ 163,000

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Fair Value Accounting (Changes In Fair Value Included In Consolidated Statements Of Income) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Mortgage loans held for sale	$ 410	$ 725
Aggregate fair value	89,245		63,328
Unpaid principal balance	86,995		61,488
Fair value less aggregate unpaid principal balance	$ 2,250		$ 1,840

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Loans and Allowance for Loan Losses (Schedule Of Allowances For Loan Losses And Recorded Investment In Loans) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance, allowance	$ 261,317,000	$ 307,560,000
Allowance for loan losses of sold branches		(1,019,000)
Charge-offs	(20,624,000)	(22,275,000)
Recoveries	8,281,000	7,094,000
Provision for loan losses	4,397,000	9,511,000
Ending balance, allowance	253,371,000	300,871,000
Ending balance: individually evaluated for impairment, allowance		65,167,000
Impaired Financing Receivable, Related Allowance	29,006,000		33,476,000
Ending balance: collectively evaluated for impairment, allowance	224,365,000	235,704,000
Total loans	21,135,581,000	20,187,440,000	21,128,489,000
Ending balance: individually evaluated for impairment, loans		754,303,000
Ending balance: collectively evaluated for impairment, loans	20,726,896,000	19,433,137,000
Deferred fees and costs, net	29,400,000	28,400,000	30,800,000
Commercial Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance, allowance	101,471,000	127,012,000
Allowance for loan losses of sold branches		(281,000)
Charge-offs	(7,440,000)	(7,946,000)
Recoveries	3,941,000	2,227,000
Provision for loan losses	(3,764,000)	5,943,000
Ending balance, allowance	94,208,000	126,955,000
Ending balance: individually evaluated for impairment, allowance	18,558,000	42,894,000
Ending balance: collectively evaluated for impairment, allowance	75,650,000	84,061,000
Total loans	6,907,015,000	6,587,254,000
Ending balance: individually evaluated for impairment, loans	237,167,000	481,684,000
Ending balance: collectively evaluated for impairment, loans	6,669,848,000	6,105,570,000
Commercial and Industrial [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance, allowance	118,110,000	116,069,000
Allowance for loan losses of sold branches		(398,000)
Charge-offs	(5,272,000)	(8,036,000)
Recoveries	2,266,000	1,953,000
Provision for loan losses	2,702,000	18,758,000
Ending balance, allowance	117,806,000	128,346,000
Ending balance: individually evaluated for impairment, allowance		20,678,000
Impaired Financing Receivable, Related Allowance	9,411,000
Ending balance: collectively evaluated for impairment, allowance	108,395,000	107,668,000
Total loans	10,307,834,000	9,961,281,000
Ending balance: individually evaluated for impairment, loans	130,197,000	220,376,000
Ending balance: collectively evaluated for impairment, loans	10,177,637,000	9,740,905,000
Retail [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance, allowance	41,736,000	41,479,000
Allowance for loan losses of sold branches		(340,000)
Charge-offs	(7,912,000)	(6,293,000)
Recoveries	2,074,000	2,914,000
Provision for loan losses	5,459,000	7,810,000
Ending balance, allowance	41,357,000	45,570,000
Ending balance: individually evaluated for impairment, allowance	1,037,000	1,595,000
Ending balance: collectively evaluated for impairment, allowance	40,320,000	43,975,000
Total loans	3,920,732,000	3,638,905,000
Ending balance: individually evaluated for impairment, loans	41,321,000	52,243,000
Ending balance: collectively evaluated for impairment, loans	3,879,411,000	3,586,662,000
Unallocated [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance, allowance	0	23,000,000
Allowance for loan losses of sold branches		0
Charge-offs	0	0
Recoveries	0	0
Provision for loan losses	0	(23,000,000)
Ending balance, allowance	0	0
Ending balance: individually evaluated for impairment, allowance	0	0
Ending balance: collectively evaluated for impairment, allowance	0	0
Total loans	0	0
Ending balance: individually evaluated for impairment, loans	0	0
Ending balance: collectively evaluated for impairment, loans	$ 0	$ 0

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Reverse Stock Split and Increase in Number of Authorized Common Shares (Details)	0 Months Ended
	Apr. 24, 2014	Mar. 31, 2015	Dec. 31, 2014	Apr. 23, 2014
Reverse Stock Split and Increase in Number of Authorized Common Shares [Abstract]
Stock split, conversion ratio	0.1429
Common stock, shares authorized	2,400,000,000.0	342,857,143	342,857,143	1,200,000,000.0
Reverse stock splits, shares	342,900,000

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Fair Value Accounting (Assets And Liabilities Measured At Fair Value On A Non-Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	$ 408,685	$ 442,148
Other real estate	74,791	85,472
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other loans held for sale	0	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other loans held for sale	0	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other loans held for sale	1,082	3,606
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	3,282	28,588
Other loans held for sale	0	3,411
Other real estate	69,331	32,046
Other assets held for sale	0	3,718
Fair Value, Measurements, Nonrecurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	0	0
Other loans held for sale	0	0
Other real estate	0	0
Other assets held for sale	0	0
Fair Value, Measurements, Nonrecurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	0	0
Other loans held for sale	0	0
Other real estate	0	0
Other assets held for sale	0	0
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	3,282	28,588
Other loans held for sale	0	3,411
Other real estate	69,331	32,046
Other assets held for sale	$ 0	$ 3,718

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Restructuring Charges (Tables)

3 Months Ended

Mar. 31, 2015

Restructuring Charges [Abstract]

Schedule of Restructuring and Related Costs

For the three months ended March 31, 2015 and 2014 total restructuring charges consist of the following components:

	Three Months Ended March 31,
(in thousands)	2015			2014
Severance charges	$	—		8,047
Gain on sale of assets held for sale, net	(157		)	—
Professional fees and other charges	50			530
Total restructuring charges, net	$	(107	)	8,577

The following table presents aggregate activity associated with accruals that resulted from restructuring charges during the three months ended March 31, 2015 and 2014:

	Severance Charges			Lease Termination Charges		Total
(in thousands)
Balance at December 31, 2013	$	1,572		1,383		2,955
Accruals for efficiency initiatives	8,047			—		8,047
Payments	(1,931		)	(1,289	)	(3,220	)
Balance at March 31, 2014	7,688			94		7,782
Balance at December 31, 2014	3,291			5,539		8,830
Payments	(521		)	(221	)	(742	)
Balance at March 31, 2015	$	2,770		5,318		8,088

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Other Real Estate (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Other real estate	$ 74,791,000		$ 85,472,000
Loans foreclosed and transferred to other real estate	5,400,000	12,900,000
Foreclosed real estate expense, net	9,496,000	5,681,000
Write-downs to net realizable value and losses resulting from sales transactions	$ 7,275,000	$ 4,752,000

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Restructuring Charges (Restructuring Reserve) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Restructuring Reserve [Roll Forward]
Beginning balance	$ 8,830	$ 2,955
Accruals for efficiency initiatives		8,047
Payments	(742)	(3,220)
Ending balance	8,088	7,782
Severance Charges [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	3,291	1,572
Accruals for efficiency initiatives		8,047
Payments	(521)	(1,931)
Ending balance	2,770	7,688
Lease Termination Charges [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	5,539	1,383
Accruals for efficiency initiatives		0
Payments	(221)	(1,289)
Ending balance	$ 5,318	$ 94

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Investment Securities (Schedule Of Unrealized Loss On Investments) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 4,473	$ 271,472
Less than 12 Months, Unrealized Losses	11	824
12 Months or Longer, Fair Value	839,155	942,667
12 Months or Longer, Unrealized Losses	8,015	11,531
Total Fair Value, Fair Value	843,628	1,214,139
Total Fair Value, Unrealized Losses	8,026	12,355
Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	4,473	0
Less than 12 Months, Unrealized Losses	11	0
12 Months or Longer, Fair Value	20,678	21,488
12 Months or Longer, Unrealized Losses	334	440
Total Fair Value, Fair Value	25,151	21,488
Total Fair Value, Unrealized Losses	345	440
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	0	251,134
Less than 12 Months, Unrealized Losses	0	763
12 Months or Longer, Fair Value	732,387	798,282
12 Months or Longer, Unrealized Losses	6,246	8,368
Total Fair Value, Fair Value	732,387	1,049,416
Total Fair Value, Unrealized Losses	6,246	9,131
Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	0	20,338
Less than 12 Months, Unrealized Losses	0	61
12 Months or Longer, Fair Value	82,318	119,172
12 Months or Longer, Unrealized Losses	1,028	2,281
Total Fair Value, Fair Value	82,318	139,510
Total Fair Value, Unrealized Losses	1,028	2,342
State And Municipal Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or Longer, Fair Value	46	45
12 Months or Longer, Unrealized Losses	1	1
Total Fair Value, Fair Value	46	45
Total Fair Value, Unrealized Losses	1	1
Other Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Losses	0	0
12 Months or Longer, Fair Value	3,726	3,680
12 Months or Longer, Unrealized Losses	406	441
Total Fair Value, Fair Value	3,726	3,680
Total Fair Value, Unrealized Losses	$ 406	$ 441

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Other Comprehensive Income (Loss) (Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Changes in Accumulated Other Comprehensive Income (Loss) by Component [Roll Forward]
Beginning balance	$ (12,605)	$ (41,258)
Other comprehensive income (loss) before reclassifications	9,355	11,588
Amounts reclassified from accumulated other comprehensive income (loss)	(401)	(793)
Net current period other comprehensive income (loss)	8,954	10,795
Ending balance	(3,651)	(30,463)
Net Unrealized Gains (Losses) on Cash Flow Hedges [Member]
Changes in Accumulated Other Comprehensive Income (Loss) by Component [Roll Forward]
Beginning balance	(12,824)	(13,099)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	69	69
Net current period other comprehensive income (loss)	69	69
Ending balance	(12,755)	(13,030)
Net Unrealized Gains (Losses) on Investment Securities Available for Sale [Member]
Changes in Accumulated Other Comprehensive Income (Loss) by Component [Roll Forward]
Beginning balance	(713)	(28,936)
Other comprehensive income (loss) before reclassifications	9,355	11,588
Amounts reclassified from accumulated other comprehensive income (loss)	(444)	(818)
Net current period other comprehensive income (loss)	8,911	10,770
Ending balance	8,198	(18,166)
Post-Retirement Unfunded Health Benefit [Member]
Changes in Accumulated Other Comprehensive Income (Loss) by Component [Roll Forward]
Beginning balance	932	777
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income (loss)	(26)	(44)
Net current period other comprehensive income (loss)	(26)	(44)
Ending balance	$ 906	$ 733

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Legal Proceedings (Details) (USD $)	0 Months Ended
	Aug. 23, 2014	Mar. 31, 2015
Loss Contingencies [Line Items]
Aggregate range of reasonably possible losses, minimum		$ 0
Aggregate range of reasonably possible losses, maximum		15,000,000
Posting Order Litigation [Member]
Loss Contingencies [Line Items]
Litigation settlement amount	(3,750,000)
Litigation settlement expenses	$ 150,000

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Derivative Instruments (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Derivative [Line Items]
Cash flow hedge gain (loss) to be reclassified within 12 months	$ (447,000)
Remaining unamortized deferred gain (loss) balance of all previously terminated cash flow hedges	(1,000,000)		(1,100,000)
Remaining deferred gain (loss) balance on all previously terminated fair value hedges	6,800,000		7,600,000
Deferred gain balance on terminated fair value hedges expected to be reclassified from long-term debt	3,100,000
Derivative, fair value	1,400,000
Gain (loss) on sale of outstanding commitments	5,000	(969,000)
Deferred gains (loss) on discontinuation of cash flow hedge reclassified to earnings	774,000	914,000
Fixed Rate Residential Mortgage [Member]
Derivative [Line Items]
Commitments to fund fixed-rate mortgage loans	125,500,000		73,400,000
Unrealized gain on fair value of fixed-rate mortgage loans to customers	1,100,000	649,000
Sale of outstanding commitments	170,500,000		113,000,000
Interest Rate Swap [Member] | Customer Related Interest Rate Risk [Member]
Derivative [Line Items]
Notional amount of interest rate swap contracts	1,110,000,000		20,600,000
Federal Funds Sold [Member]
Derivative [Line Items]
Federal funds sold	67,500,000
Federal Funds Sold, Counterparty with CCC [Member]
Derivative [Line Items]
Federal funds sold	$ 7,600,000

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Loans and Allowance for Loan Losses (Schedule Of Impaired Loans) (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	$ 65,977,000		$ 65,256,000
Recorded Investment, With allowance recorded	342,708,000		376,892,000
Recorded Investment	408,685,000		442,148,000
Unpaid Principal Balance, With no related allowance recorded	125,441,000		125,470,000
Unpaid Principal Balance, With allowance recorded	346,456,000		380,036,000
Unpaid Principal Balance	471,897,000		505,506,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	29,006,000		33,476,000
Related Allowance	29,006,000		33,476,000
Average Recorded Investment, With no related allowance recorded	63,212,000		90,590,000
Average Recorded Investment, With allowance recorded	364,179,000		531,456,000
Average Recorded Investment	427,391,000	754,300,000	622,046,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	2,636,000		14,861,000
Interest Income Recognized	2,636,000	0	14,861,000
Home Equity Lines [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0		0
Recorded Investment, With allowance recorded	6,317,000		4,848,000
Recorded Investment	6,317,000		4,848,000
Unpaid Principal Balance, With no related allowance recorded	0		0
Unpaid Principal Balance, With allowance recorded	6,317,000		4,848,000
Unpaid Principal Balance	6,317,000		4,848,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	180,000		129,000
Related Allowance	180,000		129,000
Average Recorded Investment, With no related allowance recorded	0		0
Average Recorded Investment, With allowance recorded	5,664,000		3,604,000
Average Recorded Investment	5,664,000		3,604,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	59,000		1,405,000
Interest Income Recognized	59,000		1,405,000
Consumer Mortgages [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	995,000		995,000
Recorded Investment, With allowance recorded	28,842,000		33,450,000
Recorded Investment	29,837,000		34,445,000
Unpaid Principal Balance, With no related allowance recorded	2,065,000		2,065,000
Unpaid Principal Balance, With allowance recorded	28,842,000		33,450,000
Unpaid Principal Balance	30,907,000		35,515,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	783,000		1,040,000
Related Allowance	783,000		1,040,000
Average Recorded Investment, With no related allowance recorded	995,000		1,352,000
Average Recorded Investment, With allowance recorded	31,299,000		39,427,000
Average Recorded Investment	32,294,000		40,779,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	345,000		115,000
Interest Income Recognized	345,000		115,000
Credit Card Receivable [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0		0
Recorded Investment, With allowance recorded	0		0
Recorded Investment	0		0
Unpaid Principal Balance, With no related allowance recorded	0		0
Unpaid Principal Balance, With allowance recorded	0		0
Unpaid Principal Balance	0		0
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	0		0
Related Allowance	0		0
Average Recorded Investment, With no related allowance recorded	0		0
Average Recorded Investment, With allowance recorded	0		0
Average Recorded Investment	0		0
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	0		0
Interest Income Recognized	0		0
Other Retail Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	0		0
Recorded Investment, With allowance recorded	5,167,000		5,293,000
Recorded Investment	5,167,000		5,293,000
Unpaid Principal Balance, With no related allowance recorded	0		0
Unpaid Principal Balance, With allowance recorded	5,167,000		5,293,000
Unpaid Principal Balance	5,167,000		5,293,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	74,000		101,000
Related Allowance	74,000		101,000
Average Recorded Investment, With no related allowance recorded	0		0
Average Recorded Investment, With allowance recorded	5,252,000		4,997,000
Average Recorded Investment	5,252,000		4,997,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	84,000		315,000
Interest Income Recognized	84,000		315,000
Investment Properties [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	14,636,000		15,368,000
Recorded Investment, With allowance recorded	96,020,000		81,758,000
Recorded Investment	110,656,000		97,126,000
Unpaid Principal Balance, With no related allowance recorded	19,382,000		20,237,000
Unpaid Principal Balance, With allowance recorded	98,622,000		83,963,000
Unpaid Principal Balance	118,004,000		104,200,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	7,374,000		5,413,000
Related Allowance	7,374,000		5,413,000
Average Recorded Investment, With no related allowance recorded	14,964,000		25,311,000
Average Recorded Investment, With allowance recorded	86,415,000		129,289,000
Average Recorded Investment	101,379,000		154,600,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	631,000		3,690,000
Interest Income Recognized	631,000		3,690,000
1-4 Family Properties [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	2,730,000		2,981,000
Recorded Investment, With allowance recorded	65,228,000		80,625,000
Recorded Investment	67,958,000		83,606,000
Unpaid Principal Balance, With no related allowance recorded	10,080,000		10,520,000
Unpaid Principal Balance, With allowance recorded	66,010,000		81,357,000
Unpaid Principal Balance	76,090,000		91,877,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	7,594,000		11,442,000
Related Allowance	7,594,000		11,442,000
Average Recorded Investment, With no related allowance recorded	2,888,000		5,441,000
Average Recorded Investment, With allowance recorded	72,534,000		94,773,000
Average Recorded Investment	75,422,000		100,214,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	356,000		2,645,000
Interest Income Recognized	356,000		2,645,000
Land Acquisition [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	22,359,000		21,504,000
Recorded Investment, With allowance recorded	36,194,000		49,300,000
Recorded Investment	58,553,000		70,804,000
Unpaid Principal Balance, With no related allowance recorded	63,276,000		61,843,000
Unpaid Principal Balance, With allowance recorded	36,416,000		49,483,000
Unpaid Principal Balance	99,692,000		111,326,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	3,590,000		4,900,000
Related Allowance	3,590,000		4,900,000
Average Recorded Investment, With no related allowance recorded	20,814,000		29,954,000
Average Recorded Investment, With allowance recorded	44,493,000		89,195,000
Average Recorded Investment	65,307,000		119,149,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	283,000		1,689,000
Interest Income Recognized	283,000		1,689,000
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	39,725,000		39,853,000
Recorded Investment, With allowance recorded	197,442,000		211,683,000
Recorded Investment	237,167,000		251,536,000
Unpaid Principal Balance, With no related allowance recorded	92,738,000		92,600,000
Unpaid Principal Balance, With allowance recorded	201,048,000		214,803,000
Unpaid Principal Balance	293,786,000		307,403,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	18,558,000		21,755,000
Related Allowance	18,558,000		21,755,000
Average Recorded Investment, With no related allowance recorded	38,666,000		60,706,000
Average Recorded Investment, With allowance recorded	203,442,000		313,257,000
Average Recorded Investment	242,108,000		373,963,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	1,270,000		8,024,000
Interest Income Recognized	1,270,000		8,024,000
Commercial, Financial and Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	6,504,000		7,391,000
Recorded Investment, With allowance recorded	44,477,000		59,035,000
Recorded Investment	50,981,000		66,426,000
Unpaid Principal Balance, With no related allowance recorded	9,187,000		11,193,000
Unpaid Principal Balance, With allowance recorded	44,615,000		59,041,000
Unpaid Principal Balance	53,802,000		70,234,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	6,556,000		7,597,000
Related Allowance	6,556,000		7,597,000
Average Recorded Investment, With no related allowance recorded	5,993,000		8,984,000
Average Recorded Investment, With allowance recorded	54,651,000		91,221,000
Average Recorded Investment	60,644,000		100,205,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	369,000		2,392,000
Interest Income Recognized	369,000		2,392,000
Owner-Occupied [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	18,753,000		17,017,000
Recorded Investment, With allowance recorded	60,463,000		62,583,000
Recorded Investment	79,216,000		79,600,000
Unpaid Principal Balance, With no related allowance recorded	21,451,000		19,612,000
Unpaid Principal Balance, With allowance recorded	60,467,000		62,601,000
Unpaid Principal Balance	81,918,000		82,213,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	2,855,000		2,854,000
Related Allowance	2,855,000		2,854,000
Average Recorded Investment, With no related allowance recorded	17,558,000		19,548,000
Average Recorded Investment, With allowance recorded	63,871,000		78,950,000
Average Recorded Investment	81,429,000		98,498,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	509,000		2,610,000
Interest Income Recognized	509,000		2,610,000
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	25,257,000		24,408,000
Recorded Investment, With allowance recorded	104,940,000		121,618,000
Recorded Investment	130,197,000		146,026,000
Unpaid Principal Balance, With no related allowance recorded	30,638,000		30,805,000
Unpaid Principal Balance, With allowance recorded	105,082,000		121,642,000
Unpaid Principal Balance	135,720,000		152,447,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	9,411,000		10,451,000
Related Allowance			10,451,000
Average Recorded Investment, With no related allowance recorded	23,551,000		28,532,000
Average Recorded Investment, With allowance recorded	118,522,000		170,171,000
Average Recorded Investment	142,073,000		198,703,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	878,000		5,002,000
Interest Income Recognized	878,000		5,002,000
Retail [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment, With no related allowance recorded	995,000		995,000
Recorded Investment, With allowance recorded	40,326,000		43,591,000
Recorded Investment	41,321,000		44,586,000
Unpaid Principal Balance, With no related allowance recorded	2,065,000		2,065,000
Unpaid Principal Balance, With allowance recorded	40,326,000		43,591,000
Unpaid Principal Balance	42,391,000		45,656,000
Related Allowance, With no related allowance recorded	0		0
Related Allowance, With allowance recorded	1,037,000		1,270,000
Related Allowance	1,037,000		1,270,000
Average Recorded Investment, With no related allowance recorded	995,000		1,352,000
Average Recorded Investment, With allowance recorded	42,215,000		48,028,000
Average Recorded Investment	43,210,000		49,380,000
Interest Income Recognized, With no related allowance recorded	0		0
Interest Income Recognized, With allowance recorded	488,000		1,835,000
Interest Income Recognized	$ 488,000		$ 1,835,000

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Significant Accounting Policies

3 Months Ended

Mar. 31, 2015

Significant Accounting Policies [Abstract]

Significant Accounting Policies

Note 1 - Significant Accounting Policies

Business Operations

The accompanying unaudited interim consolidated financial statements of Synovus include the accounts of the Parent Company and its consolidated subsidiaries. Synovus provides integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services to its customers through locally-branded divisions of its wholly-owned subsidiary bank, Synovus Bank, in offices located throughout Georgia, Alabama, South Carolina, Florida, and Tennessee.

In addition to our banking operations, we also provide various other financial services to our customers through direct and indirect wholly-owned non-bank subsidiaries, including: Synovus Securities, Inc., headquartered in Columbus, Georgia, which specializes in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer and the provision of individual investment advice on equity and other securities; Synovus Trust Company, N.A., headquartered in Columbus, Georgia, which provides trust, asset management and financial planning services; and Synovus Mortgage Corp., headquartered in Birmingham, Alabama, which offers mortgage services.

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the instructions to the SEC Form 10-Q and Article 10 of Regulation S-X; therefore, they do not include all information and footnotes necessary for a fair presentation of financial position, results of operations, comprehensive income, and cash flows in conformity with GAAP. All adjustments consisting of normally recurring accruals that, in the opinion of management, are necessary for a fair presentation of the consolidated financial position and results of operations for the periods covered by this Report have been included. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes appearing in Synovus' 2014 Form 10-K. There have been no significant changes to the accounting policies as disclosed in Synovus' 2014 Form 10-K.

In preparing the unaudited interim consolidated financial statements in accordance with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the respective consolidated balance sheets and the reported amounts of revenues and expenses for the periods presented. Actual results could differ significantly from those estimates.

Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses; the valuation of other real estate; the fair value of investment securities; the fair value of private equity investments; contingent liabilities related to legal matters; and the deferred tax assets valuation allowance.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and due from banks. At March 31, 2015 and December 31, 2014, $125 thousandof the due from banks balance was restricted as to withdrawal.

Short-term Investments

Short-term investments consist of interest bearing funds with the Federal Reserve Bank, interest earning deposits with banks, and Federal funds sold and securities purchased under resale agreements. At March 31, 2015 and December 31, 2014, interest bearing funds with the Federal Reserve Bank included $81.5 millionand $89.7 million, respectively, on deposit to meet Federal Reserve Bank requirements. Interest earning deposits with banks include $7.0 million and $7.1 million at March 31, 2015 and December 31, 2014, respectively, which is pledged as collateral in connection with certain letters of credit. Federal funds sold include $67.5 million at March 31, 2015 and December 31, 2014, which are pledged to collateralize certain derivative instruments. Federal funds sold and securities purchased under resale agreements, and Federal funds purchased and securities sold under repurchase agreements, generally mature in one day.

Recently Adopted Accounting Standards Updates

During 2014, the FASB issued the following ASUs, all of which became effective January 1, 2015:

• ASU 2014-01, Investments-Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects

In January 2014, the FASB issued amended guidance which permits Synovus to make an accounting policy election to account for its investments in qualified affordable housing projects using a proportional amortization method, if certain conditions are met, and to present the amortization as a component of income tax expense. The amended guidance would be applied retrospectively to all periods presented and is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Regardless of the policy election, the amended guidance, where disclosed, enables the users of the financial statements to understand the nature of investments in qualified affordable housing projects and the effect of the measurement of the investments in qualified affordable housing projects and the related tax credits on Synovus’ financial position and results of operations.

Synovus adopted the amended guidance on January 1, 2015, and did not make an accounting policy election to apply the proportional amortization method for its investments in qualified affordable housing projects because the impact to the consolidated financial statements was insignificant. Therefore, the adoption did not have an impact on Synovus’ consolidated financial statements. At March 31, 2015, the aggregate carrying value of Synovus' investments in LIHTC partnerships was $8.7 million. See Note 18 "Variable Interest Entities" to the consolidated financial statements of Synovus' 2014 Form 10-K for additional information regarding these investments.

Additionally, adoption of the following standards effective January 1, 2015 did not have a significant impact on Synovus’ consolidated financial statements.

• ASU 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure

• ASU 2014-12, Accounting for Share-Based Payments when the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period

• ASU 2014-11, Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures

• ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity

• ASU 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40), Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure

Reclassifications

Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.

Subsequent Events

Synovus has evaluated for consideration, or disclosure, all transactions, events, and circumstances, subsequent to the date of the consolidated balance sheet and through the date the accompanying unaudited interim consolidated financial statements were issued, and has reflected, or disclosed, those items deemed appropriate within the unaudited interim consolidated financial statements.

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Derivative Instruments (Impact Of Derivatives On Balance Sheet) (Details) (Not Designated As Hedging Instruments [Member], USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Other Assets [Member]
Derivative [Line Items]
Fair value of derivative assets	$ 35,494	$ 32,117
Other Assets [Member] | Interest Rate Contracts [Member]
Derivative [Line Items]
Fair value of derivative assets	33,183	30,904
Other Assets [Member] | Mortgage Derivatives [Member]
Derivative [Line Items]
Fair value of derivative assets	2,311	1,213
Other Assets [Member] | Visa Derivative[Member]
Derivative [Line Items]
Fair value of derivative assets	0	0
Other Liabilities [Member]
Derivative [Line Items]
Fair value of derivative liabilities	36,030	33,552
Other Liabilities [Member] | Interest Rate Contracts [Member]
Derivative [Line Items]
Fair value of derivative liabilities	33,856	31,398
Other Liabilities [Member] | Mortgage Derivatives [Member]
Derivative [Line Items]
Fair value of derivative liabilities	749	753
Other Liabilities [Member] | Visa Derivative[Member]
Derivative [Line Items]
Fair value of derivative liabilities	$ 1,425	$ 1,401

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Loans and Allowance for Loan Losses (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average recorded investment in impaired loans		$ 754,303,000
Provision for loan losses	(4,397,000)	(9,511,000)
Interest income recognized	2,636,000	0	14,861,000
Average recorded investment in impaired loans	427,391,000	754,300,000	622,046,000
Interest income recognized for accruing TDRs		4,000,000
Accruing troubled debt restructuring	313,400,000		348,400,000
Allowance for loan losses	253,371,000	300,871,000	261,317,000	307,560,000
Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail loan substandard period (in days)	90 days
Loss and Charged Off [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail loans downgraded to loss (in days)	120 days
Accruing TDRs With Modifications And Renewals Completed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing troubled debt restructuring	313,400,000		348,400,000
Allowance for loan losses	17,600,000		21,000,000
Minimum [Member] | Accruing TDRs With Modifications And Renewals Completed [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commercial-type impaired loans	1,000,000
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average recorded investment in impaired loans	0	0
Provision for loan losses	0	23,000,000
Allowance for loan losses	$ 0	$ 0	$ 0	$ 23,000,000

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Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Derivative Instruments [Abstract]

Impact of Derivatives on Balance Sheet

The impact of derivative instruments on the consolidated balance sheets at March 31, 2015 and December 31, 2014 is presented below.

	Fair Value of Derivative Assets				Fair Value of Derivative Liabilities
(in thousands)	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014
Derivatives not designated   as hedging instruments:
Interest rate contracts	Other assets	$	33,183	30,904	Other liabilities	$	33,856	31,398
Mortgage derivatives	Other assets	2,311		1,213	Other liabilities	749		753
Visa derivative		—		—	Other liabilities	1,425		1,401
Total derivatives not   designated as hedging   instruments		$	35,494	32,117		$	36,030	33,552

Effect of Fair Value Hedges on Consolidated Statements of Income

The pre-tax effect of fair value hedges on the consolidated statements of income for the three months ended March 31, 2015 and 2014 is presented below.

	Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income
(in thousands)		Three Months Ended March 31,
Derivatives not designated as hedging instruments		2015			2014
Interest rate contracts(1)	Other non-interest income	$	(179	)	104
Mortgage derivatives(2)	Mortgage banking income	1,102			(320	)
Total		$	923		(216	)

⁽¹⁾ Gain (loss) represents net fair value adjustments (including credit related adjustments) for customer swaps and offsetting positions.

⁽²⁾ Gain (loss) represents net fair value adjustments recorded for interest rate lock commitments and commitments to sell mortgage loans to third party investors.

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Fair Value Accounting (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Financial Instruments Measured at Fair Value on Recurring Basis

The following table presents all financial instruments measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014, according to the valuation hierarchy included in ASC 820-10. For equity and debt securities, class was determined based on the nature and risks of the investments. Transfers betweens levels for the period ended March 31, 2015 and December 31, 2014 were inconsequential.

	March 31, 2015
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		71	—	71
Collateralized mortgage obligations issued by   U.S. Government sponsored enterprises	—		3,390	—	3,390
State and municipal securities	—		646	—	646
All other mortgage-backed   securities	—		6,404	—	6,404
Other investments	179		9,312	—	9,491
Total trading securities	$	179	19,823	—	20,002
Mortgage loans held for sale	—		89,245	—	89,245
Investment securities available for sale:
U.S. Treasury securities	43,618		—	—	43,618
U.S. Government agency securities	—		25,495	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,207,669	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		568,571	—	568,571
State and municipal securities	—		5,108	—	5,108
Equity securities	7,173		—	—	7,173
Other investments(1)	2,073		15,036	1,654	18,763
Total investment securities available for sale	$	52,864	3,075,523	1,654	3,130,041
Private equity investments	—		1,045	27,081	28,126
Mutual funds held in rabbi trusts	11,384		—	—	11,384
Derivative assets:
Interest rate contracts	—		33,183	—	33,183
Mortgage derivatives(2)	—		2,311	—	2,311
Total derivative assets	$	—	35,494	—	35,494
Liabilities
Trading account liabilities	—		1,575	—	1,575
Derivative liabilities:
Interest rate contracts			33,856	—	33,856
Mortgage derivatives(2)	—		749	—	749
Visa derivative	—		—	1,425	1,425
Total derivative liabilities	$	—	34,605	1,425	36,030

	December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		145		145
Collateralized mortgage obligations issued by U.S. Government sponsored enterprises	—		2,449	—	2,449
State and municipal securities	—		1,976	—	1,976
All other mortgage-backed securities	—		2,483	—	2,483
Other investments	—		6,810	—	6,810
Total trading securities	$	—	13,863	—	13,863
Mortgage loans held for sale	—		63,328	—	63,328
Investment securities available for sale:
U.S. Treasury securities	42,826		—	—	42,826
U.S. Government agency securities	—		27,324	—	27,324
Securities issued by U.S. Government sponsored enterprises	—		82,042	—	82,042
Mortgage-backed securities issued by U.S. Government agencies	—		179,816	—	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,261,681	—	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		417,076	—	417,076
State and municipal securities	—		5,206	—	5,206
Equity securities	6,748		—	—	6,748
Other investments(1)	2,035		15,007	1,645	18,687
Total investment securities available for sale	$	51,609	2,988,152	1,645	3,041,406
Private equity investments	—		995	27,367	28,362
Mutual funds held in rabbi trusts	11,252		—	—	11,252
Derivative assets:
Interest rate contracts	—		30,904	—	30,904
Mortgage derivatives(2)	—		1,213	—	1,213
Total derivative assets	$	—	32,117	—	32,117
Liabilities
Trading account liabilities	—		2,100	—	2,100
Salary stock units	1,206		—	—	1,206
Derivative liabilities:
Interest rate contracts	—		31,398	—	31,398
Mortgage derivatives(2)			753		753
Visa derivative	—		—	1,401	1,401
Total derivative liabilities	$	—	32,151	1,401	33,552

⁽¹⁾ Based on an analysis of the nature and risks of these investments, Synovus has determined that presenting these investments as a single asset class is appropriate.

⁽²⁾ Mortgage derivatives consist of customer interest rate lock commitments that relate to the potential origination of mortgage loans, which would be classified as held for sale and forward loan sales commitments with third party investors.

Changes in Fair Value Included in Consolidated Statements of Income

The following table summarizes the difference between the fair value and the unpaid principal balance of mortgage loans held for sale measured at fair value and the changes in fair value of these loans. Mortgage loans held for sale are initially measured at fair value with subsequent changes in fair value recognized in earnings. Changes in fair value were recorded as a component of mortgage banking income in the consolidated statements of income. An immaterial portion of these changes in fair value was attributable to changes in instrument-specific credit risk.

Changes in Fair Value Included in Net Income
	For the Three Months Ended March 31,
(in thousands)	2015	2014
Mortgage loans held for sale	410	725

Mortgage Loans Held for Sale
(in thousands)	As of March 31, 2015		As of December 31, 2014
Fair value	$	89,245	63,328
Unpaid principal balance	86,995		61,488
Fair value less aggregate unpaid principal balance	$	2,250	1,840

Changes in Level 3 Fair Value Measurements

	Three Months Ended March 31,
	2015						2014
(in thousands)	Investment Securities Available for Sale		Private Equity Investments		Visa Derivative		Investment Securities Available for Sale		Private Equity Investments		Visa Derivative
Beginning balance, January 1,	$	1,645	27,367		(1,401	)	2,350		27,745		(2,706	)
Total gains (losses) realized/unrealized:
Included in earnings	—		(286	)	(375	)	(88	)	(250	)	(396	)
Unrealized gains (losses) included in other comprehensive income	9		—		—		137		—		—
Purchases	—		—		—		—		—		—
Sales	—		—		—		—		—		—
Issuances	—		—		—		—		—		—
Settlements	—		—		351		—		—		577
Amortization of discount/premium	—		—		—		—		—		—
Transfers in and/or out of Level 3	—		—		—		—		—		—
Ending balance, March 31,	$	1,654	27,081		(1,425	)	2,399		27,495		(2,525	)
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	$	—	(286	)	(375	)	(88	)	(250	)	(396	)

Assets and Liabilities Measured at Fair Value on Non-Recurring Basis

	March 31, 2015					December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total	Level 1	Level 2	Level 3	Total
Impaired loans*	$	—	—	3,282	3,282	—	—	28,588	28,588
Other loans held for sale	—		—	—	—	—	—	3,411	3,411
Other real estate	—		—	69,331	69,331	—	—	32,046	32,046
Other assets held for sale	$	—	—	—	—	—	—	3,718	3,718

Assets Measured at Fair Value on a Nonrecurring Basis

The following table presents fair value adjustments recognized for the three months ended March 31, 2015 and 2014 for the assets measured at fair value on a non-recurring basis.

	Three Months Ended March 31,
(in thousands)	2015		2014
Impaired loans*	$	1,045	2,655
Other loans held for sale	—		303
Other real estate	6,681		2,637

^* Impaired loans that are collateral-dependent.

Fair Value Inputs, Assets, Quantitative Information

March 31, 2015
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,654	Discounted cash flow analysis	Credit spread embedded in discount rate	485-585 bps (535 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,081	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies	N/A
Visa derivative liability	1,425	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

March 31, 2015
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	3,282	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 83% (34%) 0% - 10% (7%)
Other real estate	69,331		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 42% (8%) 0% - 10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, and other factors.

December 31, 2014
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,645	Discounted cash flow analysis	Credit spread embedded in discount rate	600-675 bps (639 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,367	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies(2)	N/A
Visa derivative liability	1,401	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

December 31, 2014
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	28,588	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-100% (46%) 0%-10% (7%)
Other loans held for sale	3,411		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-11% (7%) 0%-10% (7%)
Other real estate	32,046		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-61% (16%) 0%-10% (7%)
Other assets held for sale	3,718		Third party appraised value of collateral less estimated selling costs or BOV	Discount to appraised value (2) Estimated selling costs	0%-100% (49%) 0%-10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low end of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, pending sales, and other factors.

Carrying and Estimated Fair Values of Financial Instruments Carried on Balance Sheet

The carrying and estimated fair values of financial instruments, as well as the level within the fair value hierarchy, as of March 31, 2015 and December 31, 2014 are as follows:

	March 31, 2015
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	429,338	429,338	429,338	—	—
Interest bearing funds with Federal Reserve Bank	1,263,886		1,263,886	1,263,886	—	—
Interest earning deposits with banks	6,871		6,871	6,871	—	—
Federal funds sold and securities purchased under resale agreements	80,772		80,772	80,772	—	—
Trading account assets	20,002		20,002	179	19,823	—
Mortgage loans held for sale	89,245		89,245	—	89,245	—
Other loans held for sale	1,082		1,082	—	—	1,082
Investment securities available for sale	3,130,041		3,130,041	52,864	3,075,523	1,654
Private equity investments	28,126		28,126	—	1,045	27,081
Mutual funds held in rabbi trusts	11,384		11,384	11,384	—	—
Loans, net of deferred fees and costs	21,106,213		20,877,101	—	—	20,877,101
Derivative assets	35,494		35,494	—	35,494	—
Financial liabilities
Trading account liabilities	1,575		1,575	—	1,575	—
Non-interest bearing deposits	6,251,393		6,251,393	—	6,251,393	—
Interest bearing deposits	15,856,456		15,848,697	—	15,848,697	—
Federal funds purchased and securities sold under repurchase agreements	125,323		125,323	125,323	—	—
Long-term debt	2,189,769		2,243,405	—	2,243,405	—
Derivative liabilities	$	36,030	36,030	—	34,605	1,425

	December 31, 2014
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	485,489	485,489	485,489	—	—
Interest bearing funds with Federal Reserve Bank	721,362		721,362	721,362	—	—
Interest earning deposits with banks	11,810		11,810	11,810	—	—
Federal funds sold and securities purchased under resale agreements	73,111		73,111	73,111	—	—
Trading account assets	13,863		13,863	—	13,863	—
Mortgage loans held for sale	63,328		63,328	—	63,328	—
Other loans held for sale	3,606		3,606	—	—	3,606
Investment securities available for sale	3,041,406		3,041,406	51,609	2,988,152	1,645
Private equity investments	28,362		28,362	—	995	27,367
Mutual funds held in rabbi trusts	11,252		11,252	11,252	—	—
Loans, net of deferred fees and costs	21,097,699		20,872,939	—	—	20,872,939
Derivative assets	32,117		32,117	—	32,117	—
Financial liabilities
Trading account liabilities	2,100		2,100	—	2,100	—
Non-interest bearing deposits	6,228,472		6,228,472	—	6,228,472	—
Interest bearing deposits	15,303,228		15,299,372	—	15,299,372	—
Federal funds purchased and securities sold under repurchase agreements	126,916		126,916	126,916	—	—
Salary stock units	1,206		1,206	1,206	—	—
Long-term debt	2,140,319		2,191,279	—	2,191,279	—
Derivative liabilities	$	33,553	33,553	—	32,151	1,401

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Fair Value Accounting (Changes In Level 3 Fair Value Measurements) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Investment Securities Available for Sale [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,645	$ 2,350
Included in earnings	0	(88)
Unrealized gains (losses) included in other comprehensive income	9	137
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	0	0
Amortization of discount/premium	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	1,654	2,399
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	0	(88)
Private Equity Investments [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	27,367	27,745
Included in earnings	(286)	(250)
Unrealized gains (losses) included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	0	0
Amortization of discount/premium	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	27,081	27,495
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	(286)	(250)
Visa Derivative [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	(1,401)	(2,706)
Included in earnings	(375)	(396)
Unrealized gains (losses) included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Issuances	0	0
Settlements	351	577
Amortization of discount/premium	0	0
Transfers in and/or out of Level 3	0	0
Ending balance	(1,425)	(2,525)
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	$ (375)	$ (396)

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Loans and Allowance for Loan Losses (Schedule Of Current, Accruing Past Due And Nonaccrual Loans) (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	$ 20,883,906,000	$ 20,879,481,000
Accruing 30-89 Days Past Due	52,418,000	46,614,000
Accruing 90 Days or Greater Past Due	5,025,000	4,637,000
Total Accruing Past Due	57,443,000	51,251,000
Non-accrual	194,232,000	197,757,000
Total loans	21,135,581,000	21,128,489,000	20,187,440,000
Deferred fees and costs, net	29,400,000	30,800,000	28,400,000
Home Equity Lines [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	1,647,045,000	1,659,869,000
Accruing 30-89 Days Past Due	5,301,000	6,992,000
Accruing 90 Days or Greater Past Due	759,000	703,000
Total Accruing Past Due	6,060,000	7,695,000
Non-accrual	18,933,000	16,434,000
Total loans	1,672,038,000	1,683,998,000
Consumer Mortgages [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	1,667,761,000	1,648,145,000
Accruing 30-89 Days Past Due	9,276,000	12,626,000
Accruing 90 Days or Greater Past Due	0	12,000
Total Accruing Past Due	9,276,000	12,638,000
Non-accrual	25,351,000	33,278,000
Total loans	1,702,388,000	1,694,061,000
Credit Cards [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	239,150,000	250,304,000
Accruing 30-89 Days Past Due	1,767,000	1,971,000
Accruing 90 Days or Greater Past Due	1,340,000	1,374,000
Total Accruing Past Due	3,107,000	3,345,000
Non-accrual	0	0
Total loans	242,257,000	253,649,000
Other Retail Loans [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	299,529,000	297,703,000
Accruing 30-89 Days Past Due	2,299,000	2,361,000
Accruing 90 Days or Greater Past Due	10,000	101,000
Total Accruing Past Due	2,309,000	2,462,000
Non-accrual	2,211,000	2,295,000
Total loans	304,049,000	302,460,000
Investment Properties [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	5,201,493,000	5,187,200,000
Accruing 30-89 Days Past Due	2,579,000	1,851,000
Accruing 90 Days or Greater Past Due	211,000	0
Total Accruing Past Due	2,790,000	1,851,000
Non-accrual	19,780,000	20,720,000
Total loans	5,224,063,000	5,209,771,000
1-4 Family Properties [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	1,096,543,000	1,106,111,000
Accruing 30-89 Days Past Due	3,954,000	4,067,000
Accruing 90 Days or Greater Past Due	291,000	432,000
Total Accruing Past Due	4,245,000	4,499,000
Non-accrual	22,827,000	24,197,000
Total loans	1,123,615,000	1,134,807,000
Land Acquisition [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	526,185,000	540,932,000
Accruing 30-89 Days Past Due	1,704,000	363,000
Accruing 90 Days or Greater Past Due	4,000	0
Total Accruing Past Due	1,708,000	363,000
Non-accrual	31,444,000	34,375,000
Total loans	559,337,000	575,670,000
Commercial Real Estate [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	6,824,221,000	6,834,243,000
Accruing 30-89 Days Past Due	8,237,000	6,281,000
Accruing 90 Days or Greater Past Due	506,000	432,000
Total Accruing Past Due	8,743,000	6,713,000
Non-accrual	74,051,000	79,292,000
Total loans	6,907,015,000	6,920,248,000
Commercial, Financial and Agricultural [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	6,155,867,000	6,172,220,000
Accruing 30-89 Days Past Due	17,834,000	9,979,000
Accruing 90 Days or Greater Past Due	2,410,000	1,790,000
Total Accruing Past Due	20,244,000	11,769,000
Non-accrual	42,060,000	40,359,000
Total loans	6,218,171,000	6,224,348,000
Owner-Occupied [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	4,050,333,000	4,016,997,000
Accruing 30-89 Days Past Due	7,704,000	6,404,000
Accruing 90 Days or Greater Past Due	0	225,000
Total Accruing Past Due	7,704,000	6,629,000
Non-accrual	31,626,000	26,099,000
Total loans	4,089,663,000	4,049,725,000
Commercial and Industrial [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	10,206,200,000	10,189,217,000
Accruing 30-89 Days Past Due	25,538,000	16,383,000
Accruing 90 Days or Greater Past Due	2,410,000	2,015,000
Total Accruing Past Due	27,948,000	18,398,000
Non-accrual	73,686,000	66,458,000
Total loans	10,307,834,000	10,274,073,000
Retail [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Current	3,853,485,000	3,856,021,000
Accruing 30-89 Days Past Due	18,643,000	23,950,000
Accruing 90 Days or Greater Past Due	2,109,000	2,190,000
Total Accruing Past Due	20,752,000	26,140,000
Non-accrual	46,495,000	52,007,000
Total loans	$ 3,920,732,000	$ 3,934,168,000

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Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Schedule of Basic And Diluted Earnings per Share

The following table displays a reconciliation of the information used in calculating basic and diluted earnings per common share for the three months ended March 31, 2015 and 2014.

	Three Months Ended March 31,
(in thousands, except per share data)	2015		2014
Basic Net Income Per Common Share:
Net income available to common shareholders	$	51,404	45,857
Weighted average common shares outstanding	134,933		138,932
Net income per common share, basic	0.38		0.33
Diluted Net Income Per Common Share:
Net income available to common shareholders	51,404		45,857
Weighted average common shares outstanding	134,933		138,932
Potentially dilutive shares from assumed exercise of securities or other contracts to purchase common stock	811		572
Weighted average diluted common shares	135,744		139,504
Net income per common share, diluted	0.38		0.33

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Significant Accounting Policies (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
LIHTC [Member]
Basis Of Presentation [Line Items]
Investments	$ 8,700,000
Cash and Cash Equivalents [Member]
Basis Of Presentation [Line Items]
Total deposits	125,000	125,000
Cash and cash equivalents	81,500,000	89,700,000
Interest earning deposits with banks	7,000,000	7,100,000
Federal funds sold	$ 67,500,000	$ 67,500,000

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating Activities
Net income	$ 53,963	$ 48,416
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	4,397	9,511
Depreciation, amortization, and accretion, net	13,799	12,312
Deferred income tax expense	28,718	25,757
Increase in trading account assets	(6,139)	(11,695)
Originations of mortgage loans held for sale	(207,530)	(129,160)
Proceeds from sales of mortgage loans held for sale	184,712	126,688
Gain on sales of mortgage loans held for sale, net	(3,100)	(1,898)
Increase in other assets	(6,947)	(8,019)
(Decrease) increase in other liabilities	(30,818)	19,554
Investment securities gains, net	(725)	(1,331)
Losses and write-downs on other real estate, net	7,275	4,752
Share-based compensation expense	3,234	2,228
Gain on sale of Memphis branches, net	0	(5,789)
Gain on sale of branch property	0	(3,116)
Other, net	(2,052)	(940)
Net cash provided by operating activities	38,787	87,270
Investing Activities
Net cash used in dispositions	0	(90,571)
Net decrease in interest earning deposits with banks	4,939	15,186
Net (increase) decrease in federal funds sold and securities purchased under resale agreements	(7,661)	4,878
Net increase in interest bearing funds with Federal Reserve Bank	(542,524)	(240,215)
Proceeds from maturities and principal collections of investment securities available for sale	155,005	117,867
Proceeds from sales of investment securities available for sale	32,419	20,815
Purchases of investment securities available for sale	(265,707)	(57,709)
Proceeds from sales of loans and principal repayments on other loans held for sale	12,507	29,804
Proceeds from sale of other real estate	8,785	10,000
Net increase in loans	(36,336)	(243,267)
Net increase in premises and equipment	(5,221)	(7,955)
Proceeds from sale of other assets held for sale	351	241
Net cash used in investing activities	(643,443)	(440,926)
Financing Activities
Net increase in demand and savings deposits	411,991	251,914
Net increase in certificates of deposit	164,184	13,561
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements	(1,593)	16,814
Principal repayments on long-term debt	(375,039)	(325,615)
Proceeds from issuance of long-term debt	425,000	400,000
Dividends paid to common shareholders	(13,434)	(9,728)
Dividends paid to preferred shareholders	(2,559)	(2,559)
Stock options exercised	1,692	539
Repurchases of common stock	(59,113)	0
Excess tax benefit from share-based compensation	1,794	186
Restricted stock activity	(4,418)	(468)
Net cash provided by financing activities	548,505	344,644
Decrease in cash and cash equivalents	(56,151)	(9,012)
Cash and cash equivalents at beginning of period	485,489	469,630
Cash and cash equivalents at end of period	429,338	460,618
Supplemental Cash Flow Information
Income tax payments (refunds), net	338	(12)
Interest paid	27,875	29,503
Non-cash Investing Activities:
Loans foreclosed and transferred to other real estate	5,378	12,881
Loans transferred to other loans held for sale at fair value	10,100	24,505
Securities purchased during the period but settled after period-end	0	10,227
Dispositions:
Fair value of non-cash assets sold	0	(100,982)
Fair value of liabilities sold	$ 0	$ (191,553)

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Share Repurchase Program (Details) (Common Stock [Member], USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended	6 Months Ended	1 Months Ended	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2015	Jan. 31, 2015	Dec. 31, 2014	Oct. 21, 2014
Equity, Class of Treasury Stock [Line Items]
Repurchased amount	$ 59.1	$ 72.2
Shares repurchased	2,179,986
Additional shares repurchased		2,683,755
Common Stock Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Authorized amount					250.0
Repurchased amount	147.2
Shares repurchased	5,600,000
Accelerated Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Authorized amount				$ 75.0
Shares repurchased			391,612	2,510,460

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Restructuring Charges (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Restructuring Cost and Reserve [Line Items]
Gain on disposition of certain branch locations	$ 157
Other operating expenses	20,147	20,110
Facility Closing [Member]
Restructuring Cost and Reserve [Line Items]
Other operating expenses	$ 50

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Other Comprehensive Income (Loss) (Reclassifications out of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ (28,138)	$ (27,868)
Income tax (expense) benefit	(31,849)	(28,608)
Investment securities gains, net	725	1,331
Salaries and other personnel expense	(178,908)	(184,161)
Net income available to common shareholders	51,404	45,857
Net Unrealized Gains (Losses) on Cash Flow Hedges [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	(112)	(112)
Income tax (expense) benefit	43	43
Net income available to common shareholders	(69)	(69)
Net Unrealized Gains (Losses) on Investment Securities Available for Sale [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Income tax (expense) benefit	(281)	(513)
Investment securities gains, net	725	1,331
Net income available to common shareholders	444	818
Post-Retirement Unfunded Health Benefit [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Income tax (expense) benefit	(16)	(28)
Salaries and other personnel expense	42	72
Net income available to common shareholders	$ 26	$ 44

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 429,338	$ 485,489
Interest bearing funds with Federal Reserve Bank	1,263,886	721,362
Interest earning deposits with banks	6,871	11,810
Federal funds sold and securities purchased under resale agreements	80,772	73,111
Trading account assets, at fair value	20,002	13,863
Mortgage loans held for sale, at fair value	89,245	63,328
Investment securities available for sale, at fair value	3,130,041	3,041,406
Loans, net of deferred fees and costs	21,106,213	21,097,699
Allowance for loan losses	(253,371)	(261,317)
Loans, net	20,852,842	20,836,382
Premises and equipment, net	451,843	455,235
Goodwill	24,431	24,431
Other real estate	74,791	85,472
Deferred tax asset, net	589,190	622,464
Other assets	620,532	616,878
Total assets	27,633,784	27,051,231
LIABILITIES AND SHAREHOLDERS' EQUITY
Non-interest bearing deposits	6,251,393	6,228,472
Interest bearing deposits, excluding brokered deposits	14,251,510	13,660,830
Brokered deposits	1,604,946	1,642,398
Total deposits	22,107,849	21,531,700
Federal funds purchased and securities sold under repurchase agreements	125,323	126,916
Long-term debt	2,189,769	2,140,319
Other liabilities	180,208	211,026
Total liabilities	24,603,149	24,009,961
Shareholders' Equity:
Series C Preferred Stock – no par value. 5,200,000 shares outstanding at March 31, 2015 and December 31, 2014	125,980	125,980
Common stock - $1.00 par value. Authorized 342,857,143 shares; 140,328,807 issued at March 31, 2015 and 139,950,422 issued at December 31, 2014; 133,929,630 outstanding at March 31, 2015 and 136,122,843 outstanding at December 31, 2014	140,329	139,950
Additional paid-in capital	2,976,882	2,960,825
Treasury stock, at cost – 6,399,177 shares at March 31, 2015 and 3,827,579 shares at December 31, 2014	(261,402)	(187,774)
Accumulated other comprehensive loss, net	(3,651)	(12,605)
Retained earnings	52,497	14,894
Total shareholders' equity	3,030,635	3,041,270
Total liabilities and shareholders' equity	$ 27,633,784	$ 27,051,231

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Loans and Allowance for Loan Losses (Loan Portfolio Credit Exposure) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	21,135,581,000	$ 21,128,489,000	$ 20,187,440,000
Nonaccrual substandard loans	170,500,000	170,900,000
Deferred fees and costs, net	29,400,000	30,800,000	28,400,000
Maximum [Member]
Financing Receivable, Recorded Investment [Line Items]
Allowance for loan losses, percent of loan amount	50.00%
Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,672,038,000	1,683,998,000
Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,702,388,000	1,694,061,000
Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	242,257,000	253,649,000
Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	304,049,000	302,460,000
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	10,307,834,000	10,274,073,000
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,907,015,000	6,920,248,000
Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,224,063,000	5,209,771,000
1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,123,615,000	1,134,807,000
Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	559,337,000	575,670,000
Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,218,171,000	6,224,348,000
Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,089,663,000	4,049,725,000
Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,920,732,000	3,934,168,000
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	20,033,391,000	19,940,436,000
Pass [Member] | Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,644,215,000	1,659,794,000
Pass [Member] | Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,669,848,000	1,653,491,000
Pass [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	240,917,000	252,275,000
Pass [Member] | Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	300,846,000	298,991,000
Pass [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,804,632,000	9,737,986,000
Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,372,933,000	6,337,899,000
Pass [Member] | Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,959,969,000	4,932,440,000
Pass [Member] | 1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	956,789,000	944,646,000
Pass [Member] | Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	456,175,000	460,813,000
Pass [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,956,395,000	5,945,725,000
Pass [Member] | Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,848,237,000	3,792,261,000
Pass [Member] | Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,855,826,000	3,864,551,000
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	499,741,000	553,990,000
Special Mention [Member] | Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Special Mention [Member] | Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Special Mention [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Special Mention [Member] | Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	220,774,000	241,426,000
Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	278,967,000	312,564,000
Special Mention [Member] | Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	156,878,000	174,466,000
Special Mention [Member] | 1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	74,830,000	86,072,000
Special Mention [Member] | Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	47,259,000	52,026,000
Special Mention [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	136,454,000	145,779,000
Special Mention [Member] | Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	84,320,000	95,647,000
Special Mention [Member] | Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	577,368,000	607,161,000
Substandard [Member] | Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	24,001,000	20,043,000
Substandard [Member] | Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	30,358,000	37,656,000
Substandard [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	455,000	495,000
Substandard [Member] | Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,079,000	3,339,000
Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	272,215,000	284,270,000
Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	247,260,000	261,358,000
Substandard [Member] | Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	107,216,000	102,865,000
Substandard [Member] | 1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	84,726,000	96,392,000
Substandard [Member] | Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	55,318,000	62,101,000
Substandard [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	115,881,000	123,225,000
Substandard [Member] | Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	156,334,000	161,045,000
Substandard [Member] | Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,893,000	61,533,000
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	21,426,000	22,988,000
Doubtful [Member] | Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,793,000	2,009,000
Doubtful [Member] | Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,056,000	2,654,000
Doubtful [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	32,000	32,000
Doubtful [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,690,000	9,866,000
Doubtful [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,855,000	8,427,000
Doubtful [Member] | Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Doubtful [Member] | 1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,270,000	7,697,000
Doubtful [Member] | Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	585,000	730,000
Doubtful [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,363,000	9,539,000
Doubtful [Member] | Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	327,000	327,000
Doubtful [Member] | Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,881,000	4,695,000
Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,655,000	3,914,000
Loss [Member] | Home Equity Lines [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,029,000	2,152,000
Loss [Member] | Consumer Mortgages [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	126,000	260,000
Loss [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	885,000	879,000
Loss [Member] | Other Retail Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	92,000	98,000
Loss [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	523,000	525,000
Loss [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Loss [Member] | Investment Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Loss [Member] | 1-4 Family Properties [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Loss [Member] | Land Acquisition [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	0	0
Loss [Member] | Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	78,000	80,000
Loss [Member] | Owner-Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	445,000	445,000
Loss [Member] | Retail [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,132,000	$ 3,389,000

XML

Consolidated Statements of Changes in Equity (USD $) In Thousands, unless otherwise specified	Total	Series C Preferred Stock [Member]	Preferred Stock [Member] Series C Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings (Deficit) [Member]	Retained Earnings (Deficit) [Member] Series C Preferred Stock [Member]
Balance at Dec. 31, 2013	$ 2,948,985		$ 125,862	$ 139,721	$ 2,976,348	$ (114,176)	$ (41,258)	$ (137,512)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	48,416							48,416
Other comprehensive income, net of income taxes	10,795						10,795
Cash dividends declared on common stock	(9,728)							(9,728)
Cash dividends paid on Series C Preferred Stock	(2,559)				(2,559)
Issuance of stock, net of issuance costs	118		118
Restricted share unit activity	(468)			33	(501)
Stock options exercised	539			32	507
Share-based compensation net tax benefit	170
Share-based compensation expense	2,228				2,228
Balance at Mar. 31, 2014	2,998,496		125,980	139,786	2,976,193	(114,176)	(30,463)	(98,824)
Balance at Dec. 31, 2014	3,041,270		125,980	139,950	2,960,825	(187,774)	(12,605)	14,894
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	53,963							53,963
Other comprehensive income, net of income taxes	8,954						8,954
Cash dividends declared on common stock	(13,434)							(13,434)
Cash dividends paid on Series C Preferred Stock		(2,559)							(2,559)
Issuance of stock, net of issuance costs	(59,113)				14,515	(73,628)
Restricted share unit activity	(4,418)			274	(4,325)			(367)
Stock options exercised	1,692			105	1,587
Share-based compensation net tax benefit	1,046				1,046
Share-based compensation expense	3,234				3,234
Balance at Mar. 31, 2015	$ 3,030,635		$ 125,980	$ 140,329	$ 2,976,882	$ (261,402)	$ (3,651)	$ 52,497

XML

Fair Value Accounting (Fair Value Inputs, Assets, Quantitative Information) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Visa Derivative [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	(1,425)	(1,401)	$ (2,525)	$ (2,706)
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate		6.00%
Discount for lack of marketability	0.00%	0.00%
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate		6.75%
Discount for lack of marketability	10.00%	10.00%
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate		6.39%
Discount for lack of marketability	0.00%	0.00%
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Discounted Cash Flow [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	1,654	1,645
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Discounted Cash Flow [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate	4.85%
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Discounted Cash Flow [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate	5.85%
Fair Value, Measurements, Recurring [Member] | Trust Preferred Securities [Member] | Discounted Cash Flow [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Credit spread embedded in discount rate	5.35%
Fair Value, Measurements, Recurring [Member] | Private Equity Investments [Member] | Individual Analysis of Each Investment [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	27,081
Fair Value, Measurements, Recurring [Member] | Private Equity Investments [Member] | Individual Analysis of Each Investee Company [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure		27,367
Fair Value, Measurements, Recurring [Member] | Visa Derivative [Member] | Probability Model [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	1,425	1,401
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		0.00%
Estimated selling costs		0.00%
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		100.00%
Estimated selling costs		10.00%
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		46.00%
Estimated selling costs		7.00%
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	0.00%
Estimated selling costs	0.00%
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	83.00%
Estimated selling costs	10.00%
Fair Value, Measurements, Recurring [Member] | Collateral Dependent Impaired Loans [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	34.00%
Estimated selling costs	7.00%
Fair Value, Measurements, Recurring [Member] | Other Loans Held for Sale [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		0.00%
Estimated selling costs		0.00%
Fair Value, Measurements, Recurring [Member] | Other Loans Held for Sale [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		11.00%
Estimated selling costs		10.00%
Fair Value, Measurements, Recurring [Member] | Other Loans Held for Sale [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		7.00%
Estimated selling costs		7.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		0.00%
Estimated selling costs		0.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		61.00%
Estimated selling costs		10.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		16.00%
Estimated selling costs		7.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	0.00%
Estimated selling costs	0.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	42.00%
Estimated selling costs	10.00%
Fair Value, Measurements, Recurring [Member] | Other Real Estate [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value	8.00%
Estimated selling costs	7.00%
Fair Value, Measurements, Recurring [Member] | Other Assets Held for Sale [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		5.00%
Estimated selling costs		0.00%
Fair Value, Measurements, Recurring [Member] | Other Assets Held for Sale [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		100.00%
Estimated selling costs		10.00%
Fair Value, Measurements, Recurring [Member] | Other Assets Held for Sale [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount to appraised value		49.00%
Estimated selling costs		7.00%
Fair Value, Measurements, Nonrecurring [Member] | Collateral Dependent Impaired Loans [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	3,282	28,588
Fair Value, Measurements, Nonrecurring [Member] | Other Loans Held for Sale [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure		3,411
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure	69,331	32,046
Fair Value, Measurements, Nonrecurring [Member] | Other Assets Held for Sale [Member] | Third Party Appraised value of Collateral Less Estimated Selling Costs or BOV [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets, Fair Value Disclosure		3,718

XML

Investment Securities (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014
Investments [Abstract]
Pledged to secure deposits		$ 2,050,000,000	$ 2,120,000,000
Other-than-temporary impairment charges	$ 88,000

XML

Net Income Per Common Share (Narrative) (Details) In Millions, unless otherwise specified	0 Months Ended	3 Months Ended
	Apr. 24, 2014	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Stock split, conversion ratio	0.1429
Potentially dilutive shares		3.1	3.5

XML

Legal Proceedings

3 Months Ended

Mar. 31, 2015

Legal Proceedings Disclosure [Abstract]

Legal Proceedings

Note 14 - Legal Proceedings

Synovus and its subsidiaries are subject to various legal proceedings and claims that arise in the ordinary course of its business. Additionally, in the ordinary course of business, Synovus and its subsidiaries are subject to regulatory examinations, information gathering requests, inquiries and investigations. Synovus, like many other financial institutions, has been the target of numerous legal actions and other proceedings asserting claims for damages and related relief for losses resulting from the recent financial crisis. These actions include claims and counterclaims asserted by individual borrowers related to their loans and allegations of violations of state and federal laws and regulations relating to banking practices, including several purported putative class action matters. In addition to actual damages if Synovus does not prevail in such asserted legal action, credit-related litigation could result in additional write-downs or charge-offs of assets, which could adversely affect Synovus' results of operations during the period in which the write-down or charge-off occurred.

Synovus carefully examines and considers each legal matter, and, in those situations where Synovus determines that a particular legal matter presents loss contingencies that are both probable and reasonably estimable, Synovus establishes an appropriate accrual. An event is considered to be probable if the future event is likely to occur. While the final outcome of any legal proceeding is inherently uncertain, based on the information currently available, advice of counsel and available insurance coverage, management believes that the amounts accrued with respect to legal matters as of March 31, 2015 are adequate. The actual costs of resolving legal claims may be higher or lower than the amounts accrued.

In addition, where Synovus determines that there is a reasonable possibility of a loss in respect of legal matters, including those legal matters described below, Synovus considers whether it is able to estimate the total reasonably possible loss or range of loss. An event is "reasonably possible" if "the chance of the future event or events occurring is more than remote but less than likely." An event is "remote" if "the chance of the future event occurring is more than slight but less than reasonably possible." In many situations, Synovus may be unable to estimate reasonably possible losses due to the preliminary nature of the legal matters, as well as a variety of other factors and uncertainties. For those legal matters where Synovus is able to estimate a range of reasonably possible losses, management currently estimates the aggregate range from our outstanding litigation, including, without limitation, the matters described below, is from zero to $15 million in excess of the amounts accrued, if any, related to those matters. This estimated aggregate range is based upon information currently available to Synovus, and the actual losses could prove to be higher. As there are further developments in these legal matters, Synovus will reassess these matters, and the estimated range of reasonably possible losses may change as a result of this assessment. Based on Synovus' current knowledge and advice of counsel, management presently does not believe that the liabilities arising from these legal matters will have a material adverse effect on Synovus' consolidated financial condition, results of operations or cash flows. However, it is possible that the ultimate resolution of these legal matters could have a material adverse effect on Synovus' results of operations for any particular period.

Synovus intends to vigorously pursue all available defenses to these legal matters, but will also consider other alternatives, including settlement, in situations where there is an opportunity to resolve such legal matters on terms that Synovus considers to be favorable, including in light of the continued expense and distraction of defending such legal matters. Synovus also maintains insurance coverage, which may (or may not) be available to cover legal fees, or potential losses that might be incurred in connection with the legal matters described below. The above-noted estimated range of reasonably possible losses does not take into consideration insurance coverage which may or may not be available for the respective legal matters.

Posting Order Litigation

On September 21, 2010, Synovus, Synovus Bank and CB&T were named as defendants in a putative multi-state class action relating to the manner in which Synovus Bank charges overdraft fees to customers. The case, Childs et al. v. Columbus Bank and Trust et al., was filed in the Northern District of Georgia, Atlanta Division, and asserts claims for breach of contract and breach of the covenant of good faith and fair dealing, unconscionability, conversion and unjust enrichment for alleged injuries suffered by plaintiffs as a result of Synovus Bank's assessment of overdraft charges in connection with its POS/debit and automated-teller machine cards allegedly resulting from the sequence used to post payments to the plaintiffs' accounts. On October 25, 2010, the Childs case was transferred to a multi-district proceeding in the Southern District of Florida. In Re: Checking Account Overdraft Litigation, MDL No. 2036. Plaintiffs amended their complaint on October 21, 2011. The Synovus entities filed a motion to dismiss the amended complaint on November 22, 2011. On July 26, 2012, the court denied the motion as to Synovus and Synovus Bank, but granted the motion as to CB&T. Synovus and Synovus Bank filed their answer to the amended complaint on September 24, 2012.

On August 23, 2014, Synovus reached a settlement in principle with plaintiffs' counsel to settle the Posting Order Litigation. Under the settlement in principle, Synovus shall cause to be paid $3.75 million plus payment of $150,000 in settlement expenses (the "Posting Order Settlement Payment") in exchange for broad releases, dismissal with prejudice of the Posting Order Litigation and other material and customary terms and conditions. The District Court granted final approval of the Posting Order Settlement Payment on April 2, 2015.

TelexFree Litigation

On October 22, 2014, several pending lawsuits were consolidated into a multi-district putative class action case captioned In re: TelexFree Securities Litigation, MDL Number 4:14-md2566-TSH, United States District Court District of Massachusteets. Synovus Financial Corp. and Synovus Bank were named as defendants with numerous other defendants in the purported class action lawsuit.   An Amended Complaint was filed on March 31, 2015 which consolidated and amended the claims previously asserted. The claims against Synovus Financial Corp. were dismissed by Plaintiffs on April 10, 2015 so now, as to Synovus- related entities, only claims against Synovus Bank remain pending.   TelexFree was a merchant customer of Base Commerce, LLC “Base Commerce”, an independent sales organization/member service provider sponsored by Synovus Bank. The purported class action lawsuit generally alleges that TelexFree engaged in an improper multi-tier marketing scheme involving voice-over Internet protocol telephone services and that the various defendants, including Synovus Bank, provided financial services to TelexFree that allowed TelexFree to conduct its business operations.

Synovus Bank believes it has substantial defenses related to these purported claims and intends to vigorously defend the claims asserted. Synovus currently cannot reasonably estimate losses attributable to this matter.

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Investment Securities (Summary Of Available For Sale Investment Securities) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 3,095,060	[1]	$ 3,020,904	[1]
Gross Unrealized Gains	43,007		32,857
Gross Unrealized Losses	(8,026)		(12,355)
Fair Value	3,130,041		3,041,406
U.S. Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	43,139	[1]	42,636	[1]
Gross Unrealized Gains	479		190
Gross Unrealized Losses	0		0
Fair Value	43,618		42,826
U.S. Government Agency Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	24,515	[1]	26,426	[1]
Gross Unrealized Gains	980		898
Gross Unrealized Losses	0		0
Fair Value	25,495		27,324
Securities Issued By U.S. Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	81,115	[1]	81,332	[1]
Gross Unrealized Gains	664		710
Gross Unrealized Losses	0		0
Fair Value	81,779		82,042
Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	169,098	[1]	177,678	[1]
Gross Unrealized Gains	3,112		2,578
Gross Unrealized Losses	(345)		(440)
Fair Value	171,865		179,816
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,186,379	[1]	2,250,897	[1]
Gross Unrealized Gains	27,536		19,915
Gross Unrealized Losses	(6,246)		(9,131)
Fair Value	2,207,669		2,261,681
Collateralized Mortgage Obligations Issued By U.S. Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	563,513	[1]	414,562	[1]
Gross Unrealized Gains	6,086		4,856
Gross Unrealized Losses	(1,028)		(2,342)
Fair Value	568,571		417,076
State And Municipal Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	4,941	[1]	5,024	[1]
Gross Unrealized Gains	168		183
Gross Unrealized Losses	(1)		(1)
Fair Value	5,108		5,206
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,228	[1]	3,228	[1]
Gross Unrealized Gains	3,945		3,520
Gross Unrealized Losses	0
Fair Value	7,173		6,748
Other Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	19,132	[1]	19,121	[1]
Gross Unrealized Gains	37		7
Gross Unrealized Losses	(406)		(441)
Fair Value	$ 18,763		$ 18,687

[1] Amortized cost is adjusted for other-than-temporary impairment charges in 2014, which have been recognized in the consolidated statements of income and were considered inconsequential.

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Investment Securities (Tables)

3 Months Ended

Mar. 31, 2015

Investments [Abstract]

Summary of Available-for-Sale Investment Securities

The amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities available for sale at March 31, 2015 and December 31, 2014 are summarized below.

	March 31, 2015
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	43,139	479	—		43,618
U.S. Government agency securities	24,515		980	—		25,495
Securities issued by U.S. Government sponsored enterprises	81,115		664	—		81,779
Mortgage-backed securities issued by U.S. Government agencies	169,098		3,112	(345	)	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,186,379		27,536	(6,246	)	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	563,513		6,086	(1,028	)	568,571
State and municipal securities	4,941		168	(1	)	5,108
Equity securities	3,228		3,945	—		7,173
Other investments	19,132		37	(406	)	18,763
Total investment securities available for sale	$	3,095,060	43,007	(8,026	)	3,130,041
	December 31, 2014
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	42,636	190	—		42,826
U.S. Government agency securities	26,426		898	—		27,324
Securities issued by U.S. Government sponsored enterprises	81,332		710	—		82,042
Mortgage-backed securities issued by U.S. Government agencies	177,678		2,578	(440	)	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,250,897		19,915	(9,131	)	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	414,562		4,856	(2,342	)	417,076
State and municipal securities	5,024		183	(1	)	5,206
Equity securities	3,228		3,520			6,748
Other investments	19,121		7	(441	)	18,687
Total investment securities available for sale	$	3,020,904	32,857	(12,355	)	3,041,406

⁽¹⁾  Amortized cost is adjusted for other-than-temporary impairment charges in 2014, which have been recognized in the consolidated statements of income and were considered inconsequential.

Schedule of Unrealized Loss on Investments

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2015 and December 31, 2014, are presented below.

	March 31, 2015
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	4,473		11	20,678	334	25,151	345
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		—	732,387	6,246	732,387	6,246
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	82,318	1,028	82,318	1,028
State and municipal securities	—		—	46	1	46	1
Other investments	—		—	3,726	406	3,726	406
Total	$	4,473	11	839,155	8,015	843,628	8,026
	December 31, 2014
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	—		—	21,488	440	21,488	440
Mortgage-backed securities issued by U.S. Government sponsored enterprises	251,134		763	798,282	8,368	1,049,416	9,131
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	20,338		61	119,172	2,281	139,510	2,342
State and municipal securities	—		—	45	1	45	1
Other investments	—		—	3,680	441	3,680	441
Total	$	271,472	824	942,667	11,531	1,214,139	12,355

Amortized Cost and Estimated Fair Value by Contractual Maturity of Investment Securities Available-for-Sale

For purposes of the maturity table, mortgage-backed securities and CMOs, which are not due at a single maturity date, have been classified based on the final contractual maturity date.

	Distribution of Maturities at March 31, 2015
(in thousands)	Within One Year		1 to 5 Years	5 to 10 Years	More Than 10 Years	No Stated Maturity	Total
Amortized Cost
U.S. Treasury securities	$	18,286	24,853	—	—	—	43,139
U.S. Government agency securities	78		12,001	12,436	—	—	24,515
Securities issued by U.S. Government sponsored enterprises	—		81,115	—	—	—	81,115
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	169,098	—	169,098
Mortgage-backed securities issued by U.S. Government sponsored enterprises	134		1,201	1,792,674	392,370	—	2,186,379
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	563,513	—	563,513
State and municipal securities	165		2,067	—	2,709	—	4,941
Equity securities	—		—	—	—	3,228	3,228
Other investments	—		—	15,000	2,000	2,132	19,132
Total amortized cost	$	18,663	121,237	1,820,110	1,129,690	5,360	3,095,060
Fair Value
U.S. Treasury securities	$	18,286	25,332	—	—	—	43,618
U.S. Government agency securities	80		12,412	13,003	—	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	—	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	140		1,271	1,801,124	405,134	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	568,571	—	568,571
State and municipal securities	166		2,106	—	2,836	—	5,108
Equity securities	—		—	—	—	7,173	7,173
Other investments	—		—	15,037	1,653	2,073	18,763
Total fair value	$	18,672	122,900	1,829,164	1,150,059	9,246	3,130,041

Schedule of Activity for Available-for-Sale Securities

Proceeds from sales, gross gains, and gross losses on sales of securities available for sale for the three months ended March 31, 2015 and 2014 are presented below. Other-than-temporary impairment charges of $88 thousand are included in gross realized losses for the three months ended March 31, 2014. The specific identification method is used to reclassify gains and losses out of other comprehensive income at the time of sale.

	Three Months Ended March 31,
(in thousands)	2015		2014
Proceeds from sales of investment securities available for sale	$	32,419	20,815
Gross realized gains	725		1,419
Gross realized losses	—		(88	)
Investment securities gains, net	$	725	1,331

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Consolidated Statements of Changes in Equity (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock, per share	$ 0.10	$ 0.07

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Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, shares outstanding	5,200,000	5,200,000
Common stock, par value (per share)	$ 1.00	$ 1.00
Common stock, shares authorized	342,857,143	342,857,143
Common stock, shares issued	140,328,807	139,950,422
Common stock, shares outstanding	133,929,630	136,122,843
Treasury stock, shares at cost	6,399,177	3,827,579

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Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Other Comprehensive Income (Loss)

Note 9 - Other Comprehensive Income (Loss)

The following table illustrates activity within the balances in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and 2014.

Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)
(in thousands)	Net unrealized gains (losses) on cash flow hedges			Net unrealized gains (losses) on investment securities available for sale		Post-retirement unfunded health benefit		Total
Balance as of December 31, 2013	$	(13,099	)	(28,936	)	777		(41,258	)
Other comprehensive income before reclassifications	—			11,588		—		11,588
Amounts reclassified from accumulated other comprehensive income (loss)	69			(818	)	(44	)	(793	)
Net current period other comprehensive income	69			10,770		(44	)	10,795
Balance as of March 31, 2014	$	(13,030	)	(18,166	)	733		(30,463	)
Balance as of December 31, 2014	$	(12,824	)	(713	)	932		(12,605	)
Other comprehensive income before reclassifications	—			9,355		—		9,355
Amounts reclassified from accumulated other comprehensive income (loss)	69			(444	)	(26	)	(401	)
Net current period other comprehensive income	69			8,911		(26	)	8,954
Balance as of March 31, 2015	$	(12,755	)	8,198		906		(3,651	)

In accordance with ASC 740-20-45-11(b), a deferred tax asset valuation allowance associated with unrealized gains and losses not recognized in income is charged directly to other comprehensive income (loss). During the years 2010 and 2011, Synovus recorded a deferred tax asset valuation allowance associated with unrealized gains and losses not recognized in income directly to other comprehensive income (loss) by applying the portfolio approach for allocation of the valuation allowance. Synovus has consistently applied the portfolio approach which treats derivative financial instruments, equity securities, and debt securities as a single portfolio. As of March 31, 2015, the balance in net unrealized gains (losses) on cash flow hedges and net unrealized gains (losses) on investment securities available for sale includes unrealized losses of $12.1 million and $13.3 million, respectively, related to the residual tax effects remaining in OCI due to a previously established deferred tax asset valuation allowance. Under the portfolio approach, these unrealized losses are realized at the time the entire portfolio is sold or disposed.

The following table illustrates activity within the reclassifications out of accumulated other comprehensive income (loss), for the three months ended March 31, 2015 and 2014.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Details About Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)					Affected Line Item in the Statement Where Net Income is Presented
	For the Three Months Ended March 31,
	2015			2014
Net unrealized gains (losses) on cash flow hedges:
Amortization of deferred losses	$	(112	)	(112	)	Interest expense
	43			43		Income tax (expense) benefit
	$	(69	)	(69	)	Reclassifications, net of income taxes
Net unrealized gains (losses) on investment securities available for sale:
Realized gain on sale of securities	$	725		1,331		Investment securities gains, net
	(281		)	(513	)	Income tax (expense) benefit
	$	444		818		Reclassifications, net of income taxes
Post-retirement unfunded health benefit:
Amortization of actuarial gains	$	42		72		Salaries and other personnel expense
	(16		)	(28	)	Income tax (expense) benefit
	$	26		44		Reclassifications, net of income taxes

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Document And Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Entity Registrant Name	SYNOVUS FINANCIAL CORP
Entity Central Index Key	0000018349
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		133,203,469

XML

Fair Value Accounting

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Accounting

Note 10 - Fair Value Accounting

Synovus carries various assets and liabilities at fair value based on the fair value accounting guidance under ASC 820, Fair Value Measurements, and ASC 825, Financial Instruments. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an “exit price”) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

Fair Value Hierarchy

Synovus determines the fair value of its financial instruments based on the fair value hierarchy established under ASC 820-10, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the financial instrument's fair value measurement in its entirety. There are three levels of inputs that may be used to measure fair value. The three levels of inputs of the valuation hierarchy are defined below:

Level 1	Quoted prices (unadjusted) in active markets for identical assets and liabilities for the instrument or security to be valued. Level 1 assets include marketable equity securities, U.S. Treasury securities, and mutual funds.
Level 2	Observable inputs other than Level 1 quoted prices, such as quoted prices for similar assets and liabilities in active markets, quoted prices in markets that are not active or model-based valuation techniques for which all significant assumptions are derived principally from or corroborated by observable market data. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined by using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. U.S. Government sponsored agency securities, mortgage-backed securities issued by U.S. Government sponsored enterprises and agencies, obligations of states and municipalities, collateralized mortgage obligations issued by U.S. Government sponsored enterprises, and mortgage loans held-for-sale are generally included in this category. Certain private equity investments that invest in publicly traded companies are also considered Level 2 assets.
Level 3	Unobservable inputs that are supported by little, if any, market activity for the asset or liability. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow models and similar techniques, and may also include the use of market prices of assets or liabilities that are not directly comparable to the subject asset or liability. These methods of valuation may result in a significant portion of the fair value being derived from unobservable assumptions that reflect Synovus' own estimates for assumptions that market participants would use in pricing the asset or liability. This category primarily includes collateral-dependent impaired loans, other real estate, certain equity investments, and private equity investments.

See Note 16 "Fair Value Accounting" to the consolidated financial statements of Synovus' 2014 Form 10-K for a description of valuation methodologies for assets and liabilities measured at fair value on a recurring and non-recurring basis.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents all financial instruments measured at fair value on a recurring basis as of March 31, 2015 and December 31, 2014, according to the valuation hierarchy included in ASC 820-10. For equity and debt securities, class was determined based on the nature and risks of the investments. Transfers betweens levels for the period ended March 31, 2015 and December 31, 2014 were inconsequential.

	March 31, 2015
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		71	—	71
Collateralized mortgage obligations issued by   U.S. Government sponsored enterprises	—		3,390	—	3,390
State and municipal securities	—		646	—	646
All other mortgage-backed   securities	—		6,404	—	6,404
Other investments	179		9,312	—	9,491
Total trading securities	$	179	19,823	—	20,002
Mortgage loans held for sale	—		89,245	—	89,245
Investment securities available for sale:
U.S. Treasury securities	43,618		—	—	43,618
U.S. Government agency securities	—		25,495	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,207,669	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		568,571	—	568,571
State and municipal securities	—		5,108	—	5,108
Equity securities	7,173		—	—	7,173
Other investments(1)	2,073		15,036	1,654	18,763
Total investment securities available for sale	$	52,864	3,075,523	1,654	3,130,041
Private equity investments	—		1,045	27,081	28,126
Mutual funds held in rabbi trusts	11,384		—	—	11,384
Derivative assets:
Interest rate contracts	—		33,183	—	33,183
Mortgage derivatives(2)	—		2,311	—	2,311
Total derivative assets	$	—	35,494	—	35,494
Liabilities
Trading account liabilities	—		1,575	—	1,575
Derivative liabilities:
Interest rate contracts			33,856	—	33,856
Mortgage derivatives(2)	—		749	—	749
Visa derivative	—		—	1,425	1,425
Total derivative liabilities	$	—	34,605	1,425	36,030

	December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total Assets and Liabilities at Fair Value
Assets
Trading securities:
Mortgage-backed securities issued by U.S. Government agencies	—		145		145
Collateralized mortgage obligations issued by U.S. Government sponsored enterprises	—		2,449	—	2,449
State and municipal securities	—		1,976	—	1,976
All other mortgage-backed securities	—		2,483	—	2,483
Other investments	—		6,810	—	6,810
Total trading securities	$	—	13,863	—	13,863
Mortgage loans held for sale	—		63,328	—	63,328
Investment securities available for sale:
U.S. Treasury securities	42,826		—	—	42,826
U.S. Government agency securities	—		27,324	—	27,324
Securities issued by U.S. Government sponsored enterprises	—		82,042	—	82,042
Mortgage-backed securities issued by U.S. Government agencies	—		179,816	—	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		2,261,681	—	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		417,076	—	417,076
State and municipal securities	—		5,206	—	5,206
Equity securities	6,748		—	—	6,748
Other investments(1)	2,035		15,007	1,645	18,687
Total investment securities available for sale	$	51,609	2,988,152	1,645	3,041,406
Private equity investments	—		995	27,367	28,362
Mutual funds held in rabbi trusts	11,252		—	—	11,252
Derivative assets:
Interest rate contracts	—		30,904	—	30,904
Mortgage derivatives(2)	—		1,213	—	1,213
Total derivative assets	$	—	32,117	—	32,117
Liabilities
Trading account liabilities	—		2,100	—	2,100
Salary stock units	1,206		—	—	1,206
Derivative liabilities:
Interest rate contracts	—		31,398	—	31,398
Mortgage derivatives(2)			753		753
Visa derivative	—		—	1,401	1,401
Total derivative liabilities	$	—	32,151	1,401	33,552

⁽¹⁾ Based on an analysis of the nature and risks of these investments, Synovus has determined that presenting these investments as a single asset class is appropriate.

⁽²⁾ Mortgage derivatives consist of customer interest rate lock commitments that relate to the potential origination of mortgage loans, which would be classified as held for sale and forward loan sales commitments with third party investors.

Fair Value Option

The following table summarizes the difference between the fair value and the unpaid principal balance of mortgage loans held for sale measured at fair value and the changes in fair value of these loans. Mortgage loans held for sale are initially measured at fair value with subsequent changes in fair value recognized in earnings. Changes in fair value were recorded as a component of mortgage banking income in the consolidated statements of income. An immaterial portion of these changes in fair value was attributable to changes in instrument-specific credit risk.

Changes in Fair Value Included in Net Income
	For the Three Months Ended March 31,
(in thousands)	2015	2014
Mortgage loans held for sale	410	725

Mortgage Loans Held for Sale
(in thousands)	As of March 31, 2015		As of December 31, 2014
Fair value	$	89,245	63,328
Unpaid principal balance	86,995		61,488
Fair value less aggregate unpaid principal balance	$	2,250	1,840

Changes in Level 3 Fair Value Measurements

As noted above, Synovus uses significant unobservable inputs (Level 3) in determining the fair value of assets and liabilities classified as Level 3 in the fair value hierarchy. The table below includes a roll-forward of the amounts on the consolidated balance sheet for the three months ended March 31, 2015 and 2014 (including the change in fair value), for financial instruments of a material nature that are classified by Synovus within Level 3 of the fair value hierarchy and are measured at fair value on a recurring basis. Transfers between fair value levels are recognized at the end of the reporting period in which the associated changes in inputs occur. During the first three months of 2015 and 2014, Synovus did not have any transfers between levels in the fair value hierarchy.

	Three Months Ended March 31,
	2015						2014
(in thousands)	Investment Securities Available for Sale		Private Equity Investments		Visa Derivative		Investment Securities Available for Sale		Private Equity Investments		Visa Derivative
Beginning balance, January 1,	$	1,645	27,367		(1,401	)	2,350		27,745		(2,706	)
Total gains (losses) realized/unrealized:
Included in earnings	—		(286	)	(375	)	(88	)	(250	)	(396	)
Unrealized gains (losses) included in other comprehensive income	9		—		—		137		—		—
Purchases	—		—		—		—		—		—
Sales	—		—		—		—		—		—
Issuances	—		—		—		—		—		—
Settlements	—		—		351		—		—		577
Amortization of discount/premium	—		—		—		—		—		—
Transfers in and/or out of Level 3	—		—		—		—		—		—
Ending balance, March 31,	$	1,654	27,081		(1,425	)	2,399		27,495		(2,525	)
The amount of total net gains (losses) for the year included in earnings attributable to the change in unrealized gains (losses) relating to assets still held at March 31,	$	—	(286	)	(375	)	(88	)	(250	)	(396	)

Assets Measured at Fair Value on a Non-recurring Basis

Certain assets are recorded at fair value on a non-recurring basis. These non-recurring fair value adjustments typically are a result of the application of lower of cost or fair value accounting or a write-down occurring during the period. For example, if the fair value of an asset in these categories falls below its cost basis, it is considered to be at fair value at the end of the period of the adjustment. The following table presents assets measured at fair value on a non-recurring basis as of the dates indicated for which there was a fair value adjustment during the period.

	March 31, 2015					December 31, 2014
(in thousands)	Level 1		Level 2	Level 3	Total	Level 1	Level 2	Level 3	Total
Impaired loans*	$	—	—	3,282	3,282	—	—	28,588	28,588
Other loans held for sale	—		—	—	—	—	—	3,411	3,411
Other real estate	—		—	69,331	69,331	—	—	32,046	32,046
Other assets held for sale	$	—	—	—	—	—	—	3,718	3,718

The following table presents fair value adjustments recognized for the three months ended March 31, 2015 and 2014 for the assets measured at fair value on a non-recurring basis.

	Three Months Ended March 31,
(in thousands)	2015		2014
Impaired loans*	$	1,045	2,655
Other loans held for sale	—		303
Other real estate	6,681		2,637

^* Impaired loans that are collateral-dependent.

Quantitative Information about Level 3 Fair Value Measurements

The tables below provide an overview of the valuation techniques and significant unobservable inputs used in those techniques to measure financial instruments that are classified within Level 3 of the valuation hierarchy. The range of sensitivities that management utilized in its fair value calculations is deemed acceptable in the industry with respect to the identified financial instruments. The tables below present both the total balance as of the dates indicated for assets measured at fair value on a recurring basis and the assets measured at fair value on a non-recurring basis for which there was a fair value adjustment during the period.

March 31, 2015
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,654	Discounted cash flow analysis	Credit spread embedded in discount rate	485-585 bps (535 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,081	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies	N/A
Visa derivative liability	1,425	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

March 31, 2015
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	3,282	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 83% (34%) 0% - 10% (7%)
Other real estate	69,331		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (3) Estimated selling costs	0% - 42% (8%) 0% - 10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, and other factors.

December 31, 2014
(dollars in thousands)	Level 3 Fair Value	Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a recurring basis
Investment Securities Available for Sale:
Other Investments:
Trust preferred securities	1,645	Discounted cash flow analysis	Credit spread embedded in discount rate	600-675 bps (639 bps)
			Discount for lack of marketability(2)	0%-10% (0%)
Private equity investments	27,367	Individual analysis of each investee company	Multiple factors, including but not limited to, current operations, financial condition, cash flows, evaluation of business management and financial plans, and recently executed financing transactions related to the investee companies(2)	N/A
Visa derivative liability	1,401	Internal valuation	Estimated future cumulative deposits to the litigation escrow for settlement of the Covered Litigation, and estimated future monthly fees payable to the derivative counterparty	N/A

December 31, 2014
(dollars in thousands)	Level 3 Fair Value		Valuation Technique	Significant Unobservable Input	Range (Weighted Average)(1)
Assets measured at fair value on a non-recurring basis
Collateral dependent impaired loans	$	28,588	Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-100% (46%) 0%-10% (7%)
Other loans held for sale	3,411		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-11% (7%) 0%-10% (7%)
Other real estate	32,046		Third party appraised value of collateral less estimated selling costs	Discount to appraised value (2) Estimated selling costs	0%-61% (16%) 0%-10% (7%)
Other assets held for sale	3,718		Third party appraised value of collateral less estimated selling costs or BOV	Discount to appraised value (2) Estimated selling costs	0%-100% (49%) 0%-10% (7%)

⁽¹⁾ The range represents management's best estimate of the high and low end of the value that would be assigned to a particular input. For assets measured at fair value on a non-recurring basis, the weighted average is the measure of central tendencies; it is not the value that management is using for the asset or liability.

⁽²⁾ Represents management's estimate of discount that market participants would require based on the instrument's lack of liquidity.

⁽³⁾ Synovus also makes adjustments to the values of the assets listed above for various reasons, including age of the appraisal, information known by management about the property, such as occupancy rates, changes to the physical conditions of the property, pending sales, and other factors.

Sensitivity Analysis of Level 3 Unobservable Inputs Measured on a Recurring Basis

Included in the fair value estimates of financial instruments carried at fair value on the consolidated balance sheet are those estimated in full or in part using valuation techniques based on assumptions that are not supported by observable market prices, rates, or other inputs. Unobservable inputs are assessed carefully, considering the current economic environment and market conditions. However, by their very nature, unobservable inputs imply a degree of uncertainty in their determination, because they are supported by little, if any, market activity for the related asset or liability.

Investment Securities Available for Sale

The significant unobservable inputs used in the fair value measurement of the corporate obligations in Level 3 assets are the credit spread embedded in the discount rate and the discount for lack of liquidity. Generally, a change in one or more assumptions, and the degree or sensitivity of the change used, can have a significant impact on fair value. With regard to the trust preferred securities in Level 3 assets, raising the credit spread, and raising the discount for lack of liquidity assumptions will result in a lower fair value measurement.

Private Equity Investments

In the absence of quoted market prices, inherent lack of liquidity, and the long-term nature of private equity investments, significant judgment is required to value these investments. The significant unobservable inputs used in the fair value measurement of private equity investments include current operations, financial condition, and cash flows, comparables and private sales, when available, and recently executed financing transactions related to investee companies. Significant increases or decreases in any of these inputs in isolation would result in a significantly lower or higher fair value measurement.

Visa Derivative Liability

The fair value of the Visa derivative contract is determined based on management's estimate of the timing and amount of the Covered Litigation settlement, and the resulting payments due to the counterparty under the terms of the contract. Significant changes in any of these inputs in isolation could result in a significantly higher (lower) valuation of the Visa derivative liability. Also, additional funding into the escrow generally results in a proportional increase in our derivative liability.

Fair Value of Financial Instruments

The following table presents the carrying and fair values of financial instruments at March 31, 2015 and December 31, 2014. The fair value represents management’s best estimates based on a range of methodologies and assumptions. For financial instruments that are not recorded at fair value on the balance sheet, such as loans, interest bearing deposits (including brokered deposits), and long-term debt, the fair value amounts should not be taken as an estimate of the amount that would be realized if all such financial instruments were to be settled immediately.

The carrying and estimated fair values of financial instruments, as well as the level within the fair value hierarchy, as of March 31, 2015 and December 31, 2014 are as follows:

	March 31, 2015
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	429,338	429,338	429,338	—	—
Interest bearing funds with Federal Reserve Bank	1,263,886		1,263,886	1,263,886	—	—
Interest earning deposits with banks	6,871		6,871	6,871	—	—
Federal funds sold and securities purchased under resale agreements	80,772		80,772	80,772	—	—
Trading account assets	20,002		20,002	179	19,823	—
Mortgage loans held for sale	89,245		89,245	—	89,245	—
Other loans held for sale	1,082		1,082	—	—	1,082
Investment securities available for sale	3,130,041		3,130,041	52,864	3,075,523	1,654
Private equity investments	28,126		28,126	—	1,045	27,081
Mutual funds held in rabbi trusts	11,384		11,384	11,384	—	—
Loans, net of deferred fees and costs	21,106,213		20,877,101	—	—	20,877,101
Derivative assets	35,494		35,494	—	35,494	—
Financial liabilities
Trading account liabilities	1,575		1,575	—	1,575	—
Non-interest bearing deposits	6,251,393		6,251,393	—	6,251,393	—
Interest bearing deposits	15,856,456		15,848,697	—	15,848,697	—
Federal funds purchased and securities sold under repurchase agreements	125,323		125,323	125,323	—	—
Long-term debt	2,189,769		2,243,405	—	2,243,405	—
Derivative liabilities	$	36,030	36,030	—	34,605	1,425

	December 31, 2014
(in thousands)	Carrying Value		Fair Value	Level 1	Level 2	Level 3
Financial assets
Cash and cash equivalents	$	485,489	485,489	485,489	—	—
Interest bearing funds with Federal Reserve Bank	721,362		721,362	721,362	—	—
Interest earning deposits with banks	11,810		11,810	11,810	—	—
Federal funds sold and securities purchased under resale agreements	73,111		73,111	73,111	—	—
Trading account assets	13,863		13,863	—	13,863	—
Mortgage loans held for sale	63,328		63,328	—	63,328	—
Other loans held for sale	3,606		3,606	—	—	3,606
Investment securities available for sale	3,041,406		3,041,406	51,609	2,988,152	1,645
Private equity investments	28,362		28,362	—	995	27,367
Mutual funds held in rabbi trusts	11,252		11,252	11,252	—	—
Loans, net of deferred fees and costs	21,097,699		20,872,939	—	—	20,872,939
Derivative assets	32,117		32,117	—	32,117	—
Financial liabilities
Trading account liabilities	2,100		2,100	—	2,100	—
Non-interest bearing deposits	6,228,472		6,228,472	—	6,228,472	—
Interest bearing deposits	15,303,228		15,299,372	—	15,299,372	—
Federal funds purchased and securities sold under repurchase agreements	126,916		126,916	126,916	—	—
Salary stock units	1,206		1,206	1,206	—	—
Long-term debt	2,140,319		2,191,279	—	2,191,279	—
Derivative liabilities	$	33,553	33,553	—	32,151	1,401

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Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Interest income:
Loans, including fees	$ 215,269	$ 211,343
Investment securities available for sale	13,943	15,257
Trading account assets	107	161
Mortgage loans held for sale	632	402
Federal Reserve Bank balances	645	527
Other earning assets	805	692
Total interest income	231,401	228,382
Interest expense:
Deposits	14,819	14,221
Federal funds purchased and securities sold under repurchase agreements	43	77
Long-term debt	13,276	13,570
Total interest expense	28,138	27,868
Net interest income	203,263	200,514
Provision for loan losses	4,397	9,511
Net interest income after provision for loan losses	198,866	191,003
Non-interest income:
Service charges on deposit accounts	19,133	19,214
Fiduciary and asset management fees	11,571	11,033
Brokerage revenue	7,251	6,213
Mortgage banking income	6,484	3,511
Bankcard fees	8,077	7,518
Investment securities gains, net	725	1,331
Other fee income	5,246	4,863
Gain on sale of Memphis branches, net	0	5,789
Other non-interest income	7,367	10,710
Total non-interest income	65,854	70,182
Non-interest expense:
Salaries and other personnel expense	96,488	93,445
Net occupancy and equipment expense	26,172	26,056
Third-party processing expense	10,343	10,097
FDIC insurance and other regulatory fees	6,957	9,645
Professional fees	5,594	7,677
Advertising expense	3,443	2,477
Foreclosed real estate expense, net	9,496	5,681
Visa indemnification charges	375	396
Restructuring charges, net	(107)	8,577
Other operating expenses	20,147	20,110
Total non-interest expense	178,908	184,161
Income before income taxes	85,812	77,024
Income tax expense	31,849	28,608
Net income	53,963	48,416
Dividends on preferred stock	2,559	2,559
Net income available to common shareholders	$ 51,404	$ 45,857
Net income per common share, basic	$ 0.38	$ 0.33
Net income per common share, diluted	$ 0.38	$ 0.33
Weighted average common shares outstanding, basic	134,933	138,932
Weighted average common shares outstanding, diluted	135,744	139,504

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Sale of Branches

3 Months Ended

Mar. 31, 2015

Restructuring and Related Activities [Abstract]

Sale of Branches

Note 4 - Sale of Branches

On January 17, 2014, Synovus completed the sale of certain loans, premises, deposits, and other assets and liabilities of the Memphis, Tennessee branches of Trust One Bank, a division of Synovus Bank.  The sale included $89.6 million in total loans and $191.3 million in total deposits.   Results for the three months ended March 31, 2014 reflect a pre-tax gain, net of associated costs, of $5.8 million relating to this transaction.  

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Reverse Stock Split and Increase in Number of Authorized Common Shares

3 Months Ended

Mar. 31, 2015

Reverse Stock Split and Increase in Number of Authorized Common Shares [Abstract]

Reverse Stock Split and Increase in Number of Authorized Common Shares

Note 3 - Reverse Stock Split and Increase in Number of Authorized Common Shares

On April 24, 2014, at Synovus' 2014 Annual Shareholders' Meeting ("Annual Meeting"), Synovus’ shareholders approved a proposal authorizing Synovus’ Board of Directors to effect a one-for-seven reverse stock split of Synovus’ common stock. Following the Annual Meeting, Synovus’ Board of Directors authorized the one-for-seven reverse stock split.  The reverse stock split became effective on May 16, 2014, and Synovus' shares of common stock began trading on a post-split basis on the New York Stock Exchange (NYSE) at the opening of trading on May 19, 2014. All prior periods presented in this Report have been adjusted to reflect the one-for-seven reverse stock split. Financial information updated by this capital change includes earnings per common share, dividends per common share, stock price per common share, weighted average common shares, outstanding common shares, treasury shares, common stock, additional paid-in capital, and share-based compensation. 

Additionally, on April 24, 2014, Synovus’ shareholders also approved an amendment to Synovus’ articles of incorporation to increase the number of authorized shares of Synovus’ common stock from 1.2 billion shares to 2.4 billion shares. Synovus effected the increase in the number of authorized shares on April 24, 2014. Upon the reverse stock split effective date, the number of Synovus’ authorized shares of common stock was proportionately reduced from 2.4 billion shares to 342.9 million shares.

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Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2015

Significant Accounting Policies [Abstract]

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and due from banks. At March 31, 2015 and December 31, 2014, $125 thousandof the due from banks balance was restricted as to withdrawal.

Short-term Investment

Short-term investments consist of interest bearing funds with the Federal Reserve Bank, interest earning deposits with banks, and Federal funds sold and securities purchased under resale agreements. At March 31, 2015 and December 31, 2014, interest bearing funds with the Federal Reserve Bank included $81.5 millionand $89.7 million, respectively, on deposit to meet Federal Reserve Bank requirements. Interest earning deposits with banks include $7.0 million and $7.1 million at March 31, 2015 and December 31, 2014, respectively, which is pledged as collateral in connection with certain letters of credit. Federal funds sold include $67.5 million at March 31, 2015 and December 31, 2014, which are pledged to collateralize certain derivative instruments. Federal funds sold and securities purchased under resale agreements, and Federal funds purchased and securities sold under repurchase agreements, generally mature in one day.

Recently Adopted Accounting Standards Updates

During 2014, the FASB issued the following ASUs, all of which became effective January 1, 2015:

• ASU 2014-01, Investments-Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects

In January 2014, the FASB issued amended guidance which permits Synovus to make an accounting policy election to account for its investments in qualified affordable housing projects using a proportional amortization method, if certain conditions are met, and to present the amortization as a component of income tax expense. The amended guidance would be applied retrospectively to all periods presented and is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Regardless of the policy election, the amended guidance, where disclosed, enables the users of the financial statements to understand the nature of investments in qualified affordable housing projects and the effect of the measurement of the investments in qualified affordable housing projects and the related tax credits on Synovus’ financial position and results of operations.

Synovus adopted the amended guidance on January 1, 2015, and did not make an accounting policy election to apply the proportional amortization method for its investments in qualified affordable housing projects because the impact to the consolidated financial statements was insignificant. Therefore, the adoption did not have an impact on Synovus’ consolidated financial statements. At March 31, 2015, the aggregate carrying value of Synovus' investments in LIHTC partnerships was $8.7 million. See Note 18 "Variable Interest Entities" to the consolidated financial statements of Synovus' 2014 Form 10-K for additional information regarding these investments.

Additionally, adoption of the following standards effective January 1, 2015 did not have a significant impact on Synovus’ consolidated financial statements.

• ASU 2014-14, Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure

• ASU 2014-12, Accounting for Share-Based Payments when the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period

• ASU 2014-11, Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures

• ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity

• ASU 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40), Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure

Reclassifications

Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.

Subsequent Events

Synovus has evaluated for consideration, or disclosure, all transactions, events, and circumstances, subsequent to the date of the consolidated balance sheet and through the date the accompanying unaudited interim consolidated financial statements were issued, and has reflected, or disclosed, those items deemed appropriate within the unaudited interim consolidated financial statements.

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Derivative Instruments

3 Months Ended

Mar. 31, 2015

Summary of Derivative Instruments [Abstract]

Derivative Instruments

Note 11 - Derivative Instruments

As part of its overall interest rate risk management activities, Synovus utilizes derivative instruments to manage its exposure to various types of interest rate risk. These derivative instruments generally consist of interest rate swaps, interest rate lock commitments made to prospective mortgage loan customers, and commitments to sell fixed-rate mortgage loans. Interest rate lock commitments represent derivative instruments since it is intended that such loans will be sold.

Synovus may also utilize interest rate swaps to manage interest rate risks primarily arising from its core banking activities. These interest rate swap transactions generally involve the exchange of fixed and floating interest rate payment obligations without the exchange of underlying principal amounts. Swaps may be designated as either cash flow hedges or fair value hedges, as discussed below. As of March 31, 2015 and December 31, 2014, Synovus had no outstanding interest rate swap contracts utilized to manage interest rate risk.

Synovus is party to master netting arrangements with its dealer counterparties; however, Synovus does not offset assets and liabilities under these arrangements for financial statement presentation purposes.

Counterparty Credit Risk and Collateral

Entering into derivative contracts potentially exposes Synovus to the risk of counterparties’ failure to fulfill their legal obligations, including, but not limited to, potential amounts due or payable under each derivative contract. Notional principal amounts are often used to express the volume of these transactions, but the amounts potentially subject to credit risk are much smaller. Synovus assesses the credit risk of its dealer counterparties by regularly monitoring publicly available credit rating information and other market indicators. Dealer collateral requirements are determined via risk-based policies and procedures and in accordance with existing agreements. Synovus seeks to minimize dealer credit risk by dealing with highly rated counterparties and by obtaining collateral for exposures above certain predetermined limits. Management closely monitors credit conditions within the customer swap portfolio, which management deems to be of higher risk than dealer counterparties. Collateral is secured at origination and credit related fair value adjustments are recorded against the asset value of the derivative as deemed necessary based upon an analysis, which includes consideration of the current asset value of the swap, customer credit rating, collateral value, and customer standing with regards to its swap contractual obligations and other related matters. Such asset values fluctuate based upon changes in interest rates regardless of changes in notional amounts and changes in customer specific risk.

Cash Flow Hedges

Synovus designates hedges of floating rate loans as cash flow hedges. These swaps hedge against the variability of cash flows from specified pools of floating rate prime based loans. Synovus calculates effectiveness of the hedging relationship quarterly using regression analysis. The effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. Ineffectiveness from cash flow hedges is recognized in the consolidated statements of income as a component of other non-interest income. As of March 31, 2015, there were no cash flow hedges outstanding, and therefore, no cumulative ineffectiveness.

Synovus expects to reclassify from accumulated other comprehensive income (loss) $447 thousand of interest expense during the next twelve months as amortization of deferred losses is recorded.

Synovus did not terminate any cash flow hedges during 2015 or 2014. The remaining unamortized deferred net loss balance of all previously terminated cash flow hedges at March 31, 2015 and December 31, 2014 was $(1.0) million and $(1.1) million, respectively.

Fair Value Hedges

Synovus designates hedges of fixed rate liabilities as fair value hedges. These swaps hedge against the change in fair value of various fixed rate liabilities due to changes in the benchmark interest rate, LIBOR. Synovus calculates effectiveness of the fair value hedges quarterly using regression analysis. Ineffectiveness from fair value hedges is recognized in the consolidated statements of income as a component of other non-interest income. As of March 31, 2015, there were no fair value hedges outstanding, and therefore, no cumulative ineffectiveness.

Synovus did not terminate any fair value hedges during 2015 or 2014. The remaining unamortized deferred gain balance on all previously terminated fair value hedges at March 31, 2015 and December 31, 2014 was $6.8 millionand $7.6 million, respectively. Synovus expects to reclassify from hedge-related basis adjustment, a component of long-term debt, $3.1 million of the deferred gain balance on previously terminated fair value hedges as a reduction to interest expense during the next twelve months as amortization of deferred gains is recorded.

Customer Related Derivative Positions

Synovus enters into interest rate swap agreements to facilitate the risk management strategies of a small number of commercial banking customers. Synovus mitigates this risk by entering into equal and offsetting interest rate swap agreements with highly rated third party financial institutions. The interest rate swap agreements are free-standing derivatives and are recorded at fair value on Synovus' consolidated balance sheet. Fair value changes are recorded in non-interest income in Synovus' consolidated statements of income. As of March 31, 2015, the notional amount of customer related interest rate derivative financial instruments, including both the customer position and the offsetting position, was $1.11 billion, an increase of $20.6 million compared to December 31, 2014.

Visa Derivative

In conjunction with the sale of Class B shares of common stock issued by Visa to Synovus as a Visa USA member, Synovus entered into a derivative contract with the purchaser, which provides for settlements between the parties based upon a change in the ratio for conversion of Visa Class B shares to Visa Class A shares. The conversion ratio changes when Visa deposits funds to a litigation escrow established by Visa to pay settlements for certain litigation, for which Visa is indemnified by Visa USA members. The litigation escrow is funded by proceeds from Visa’s conversion of Class B shares. The fair value of the derivative contract was $1.4 million at March 31, 2015 and December 31, 2014, respectively. The fair value of the derivative contract is determined based on management's estimate of the timing and amount of the Covered Litigation settlement, and the resulting payments due to the counterparty under the terms of the contract.

Mortgage Derivatives

Synovus originates first lien residential mortgage loans for sale into the secondary market. Mortgage loans are sold by Synovus for conversion to securities and the servicing of these loans is generally sold to a third-party servicing aggregator, or Synovus sells the mortgage loans as whole loans to investors either individually or in bulk on a servicing released basis.

Synovus enters interest rate lock commitments for residential mortgage loans which commits it to lend funds to a potential borrower at a specific interest rate and within a specified period of time. Interest rate lock commitments that relate to the origination of mortgage loans that, if originated, will be held for sale, are considered derivative financial instruments under applicable accounting guidance. Outstanding interest rate lock commitments expose Synovus to the risk that the price of the mortgage loans underlying the commitments may decline due to increases in mortgage interest rates from inception of the rate lock to the funding of the loan.

At March 31, 2015 and December 31, 2014, Synovus had commitments to fund at a locked interest rate, primarily fixed-rate mortgage loans to customers in the amount of $125.5 million and $73.4 million, respectively. The fair value of these commitments resulted in a gain of $1.1 million and $649 thousand for the three months ended March 31, 2015 and 2014, respectively, which was recorded as a component of mortgage banking income in the consolidated statements of income.

At March 31, 2015 and December 31, 2014, outstanding commitments to sell primarily fixed-rate mortgage loans amounted to $170.5 million and $113.0 million, respectively. Such commitments are entered into to reduce the exposure to market risk arising from potential changes in interest rates, which could affect the fair value of mortgage loans held for sale and outstanding rate lock commitments, which guarantee a certain interest rate if the loan is ultimately funded or granted by Synovus as a mortgage loan held for sale. The commitments to sell mortgage loans are at fixed prices and are scheduled to settle at specified dates that generally do not exceed 90 days. The fair value of outstanding commitments to sell mortgage loans resulted in a gain of $5 thousand and a loss of $(969) thousand for the three months ended March 31, 2015 and 2014, respectively, which was recorded as a component of mortgage banking income in the consolidated statements of income.

Collateral Contingencies

Certain derivative instruments contain provisions that require Synovus to maintain an investment grade credit rating from each of the major credit rating agencies. When Synovus’ credit rating falls below investment grade, these provisions allow the counterparties of the derivative instrument to demand immediate and ongoing full collateralization on derivative instruments in net liability positions and, for certain counterparties, request immediate termination. As Synovus’ current rating is below investment grade, Synovus is required to post collateral, as required by each agreement, against these positions. Additionally, as of June 10, 2013, the CCC became mandatory for certain trades as required under the Dodd-Frank Act. These derivative transactions also carry collateral requirements, both at the inception of the trade, and as the value of each derivative position changes. As trades are migrated to the CCC, dealer counterparty exposure will be reduced, and higher notional amounts of Synovus' derivative instruments will be housed at the CCC, a highly regulated and well-capitalized entity. As of March 31, 2015, collateral totaling $67.5 million consisting of Federal funds sold was pledged to the derivative counterparties, including $7.6 million with the CCC, to comply with collateral requirements.

The impact of derivative instruments on the consolidated balance sheets at March 31, 2015 and December 31, 2014 is presented below.

	Fair Value of Derivative Assets				Fair Value of Derivative Liabilities
(in thousands)	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014	Location on Consolidated Balance Sheet	March 31, 2015		December 31, 2014
Derivatives not designated   as hedging instruments:
Interest rate contracts	Other assets	$	33,183	30,904	Other liabilities	$	33,856	31,398
Mortgage derivatives	Other assets	2,311		1,213	Other liabilities	749		753
Visa derivative		—		—	Other liabilities	1,425		1,401
Total derivatives not   designated as hedging   instruments		$	35,494	32,117		$	36,030	33,552

The pre-tax effect of fair value hedges on the consolidated statements of income for the three months ended March 31, 2015 and 2014 is presented below.

	Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income
(in thousands)		Three Months Ended March 31,
Derivatives not designated as hedging instruments		2015			2014
Interest rate contracts(1)	Other non-interest income	$	(179	)	104
Mortgage derivatives(2)	Mortgage banking income	1,102			(320	)
Total		$	923		(216	)

⁽¹⁾ Gain (loss) represents net fair value adjustments (including credit related adjustments) for customer swaps and offsetting positions.

⁽²⁾ Gain (loss) represents net fair value adjustments recorded for interest rate lock commitments and commitments to sell mortgage loans to third party investors.

During the three months ended March 31, 2015 and 2014, Synovus reclassified $774 thousand and $914 thousand, respectively, from hedge-related basis adjustment, a component of long-term debt, as a reduction to interest expense. These deferred gains relate to hedging relationships that have been previously terminated and are reclassified into earnings over the remaining life of the hedged items.

XML

Loans and Allowance for Loan Losses

3 Months Ended

Mar. 31, 2015

Allowance for Loan and Lease Losses, Adjustments, Net [Abstract]

Loans and Allowance for Loan Losses

Note 7 - Loans and Allowance for Loan Losses

The following is a summary of current, accruing past due, and non-accrual loans by portfolio class as of March 31, 2015 and December 31, 2014.

Current, Accruing Past Due, and Non-accrual Loans
	March 31, 2015
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,201,493	2,579	211	2,790	19,780	5,224,063
1-4 family properties	1,096,543		3,954	291	4,245	22,827	1,123,615
Land acquisition	526,185		1,704	4	1,708	31,444	559,337
Total commercial real estate	6,824,221		8,237	506	8,743	74,051	6,907,015
Commercial, financial and agricultural	6,155,867		17,834	2,410	20,244	42,060	6,218,171
Owner-occupied	4,050,333		7,704	—	7,704	31,626	4,089,663
Total commercial and industrial	10,206,200		25,538	2,410	27,948	73,686	10,307,834
Home equity lines	1,647,045		5,301	759	6,060	18,933	1,672,038
Consumer mortgages	1,667,761		9,276	—	9,276	25,351	1,702,388
Credit cards	239,150		1,767	1,340	3,107	—	242,257
Other retail	299,529		2,299	10	2,309	2,211	304,049
Total retail	3,853,485		18,643	2,109	20,752	46,495	3,920,732
Total loans	$	20,883,906	52,418	5,025	57,443	194,232	21,135,581	(1	)
	December 31, 2014
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,187,200	1,851	—	1,851	20,720	5,209,771
1-4 family properties	1,106,111		4,067	432	4,499	24,197	1,134,807
Land acquisition	540,932		363	—	363	34,375	575,670
Total commercial real estate	6,834,243		6,281	432	6,713	79,292	6,920,248
Commercial, financial and agricultural	6,172,220		9,979	1,790	11,769	40,359	6,224,348
Owner-occupied	4,016,997		6,404	225	6,629	26,099	4,049,725
Total commercial and industrial	10,189,217		16,383	2,015	18,398	66,458	10,274,073
Home equity lines	1,659,869		6,992	703	7,695	16,434	1,683,998
Consumer mortgages	1,648,145		12,626	12	12,638	33,278	1,694,061
Credit cards	250,304		1,971	1,374	3,345	—	253,649
Other retail	297,703		2,361	101	2,462	2,295	302,460
Total retail	3,856,021		23,950	2,190	26,140	52,007	3,934,168
Total loans	$	20,879,481	46,614	4,637	51,251	197,757	21,128,489	(2	)

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $30.8 million.

The credit quality of the loan portfolio is summarized no less frequently than quarterly using the standard asset classification system utilized by the federal banking agencies. These classifications are divided into three groups – Not Criticized (Pass), Special Mention, and Classified or Adverse rating (Substandard, Doubtful, and Loss) and are defined as follows:

Pass- loans which are well protected by the current net worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less cost to acquire and sell in a timely manner, of any underlying collateral.

Special Mention - loans which have potential weaknesses that deserve management's close attention. These loans are not adversely classified and do not expose an institution to sufficient risk to warrant an adverse classification.

Substandard - loans which are inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans with this classification are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful - loans which have all the weaknesses inherent in loans classified as Substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently known facts, conditions, and values.

Loss - loans which are considered by management to be uncollectible and of such little value that their continuance on the institution's books as an asset, without establishment of a specific valuation allowance or charge-off is not warranted.

In the following tables, retail loans are generally assigned a risk grade similar to the classifications described above; however, upon reaching 90 days and 120 days past due, they are generally downgraded to Substandard and Loss, respectively, in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy. Additionally, in accordance with the Interagency Supervisory Guidance on Allowance for Loan and Lease Losses Estimation Practices for Loans and Lines of Credit Secured by Junior Liens on 1-4 Family Residential Properties, the risk grade classifications of retail loans (home equity lines and consumer mortgages) secured by junior liens on 1-4 family residential properties also consider available information on the payment status of the associated senior lien with other financial institutions.

Loan Portfolio Credit Exposure by Risk Grade
	March 31, 2015
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,959,969	156,878	107,216	—	—		5,224,063
1-4 family properties	956,789		74,830	84,726	7,270	—		1,123,615
Land acquisition	456,175		47,259	55,318	585	—		559,337
Total commercial real estate	6,372,933		278,967	247,260	7,855	—		6,907,015
Commercial, financial and agricultural	5,956,395		136,454	115,881	9,363	78	(3)	6,218,171
Owner-occupied	3,848,237		84,320	156,334	327	445	(3)	4,089,663
Total commercial and industrial	9,804,632		220,774	272,215	9,690	523		10,307,834
Home equity lines	1,644,215		—	24,001	1,793	2,029	(3)	1,672,038
Consumer mortgages	1,669,848		—	30,358	2,056	126	(3)	1,702,388
Credit cards	240,917		—	455	—	885	(4)	242,257
Other retail	300,846		—	3,079	32	92	(3)	304,049
Total retail	3,855,826		—	57,893	3,881	3,132		3,920,732
Total loans	$	20,033,391	499,741	577,368	21,426	3,655		21,135,581	(5	)
	December 31, 2014
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,932,440	174,466	102,865	—	—		5,209,771
1-4 family properties	944,646		86,072	96,392	7,697	—		1,134,807
Land acquisition	460,813		52,026	62,101	730	—		575,670
Total commercial real estate	6,337,899		312,564	261,358	8,427	—		6,920,248
Commercial, financial and agricultural	5,945,725		145,779	123,225	9,539	80	(3)	6,224,348
Owner-occupied	3,792,261		95,647	161,045	327	445	(3)	4,049,725
Total commercial and industrial	9,737,986		241,426	284,270	9,866	525		10,274,073
Home equity lines	1,659,794		—	20,043	2,009	2,152	(3)	1,683,998
Consumer mortgages	1,653,491		—	37,656	2,654	260	(3)	1,694,061
Credit cards	252,275		—	495	—	879	(4)	253,649
Other retail	298,991		—	3,339	32	98	(3)	302,460
Total retail	3,864,551		—	61,533	4,695	3,389		3,934,168
Total loans	$	19,940,436	553,990	607,161	22,988	3,914		21,128,489	(6	)

⁽¹⁾ Includes $170.5 million and $170.9 million of non-accrual Substandard loans at March 31, 2015 and December 31, 2014, respectively.

⁽²⁾ The loans within this risk grade are on non-accrual status. Commercial loans generally have an allowance for loan losses in accordance with ASC 310, and retail loans generally have an allowance for loan losses equal to 50% of the loan amount.

⁽³⁾ The loans within this risk grade are on non-accrual status and have an allowance for loan losses equal to the full loan amount.

⁽⁴⁾ Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an allowance for loan losses equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy.

⁽⁵⁾Total before net deferred fees and costs of $29.4 million.

⁽⁶⁾Total before net deferred fees and costs of $30.8 million.

The following table details the changes in the allowance for loan losses by loan segment for the three months ended March 31, 2015 and 2014.

Allowance for Loan Losses and Recorded Investment in Loans
	As Of and For The Three Months Ended March 31, 2015
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	101,471		118,110		41,736		—		261,317
Charge-offs	(7,440		)	(5,272	)	(7,912	)	—		(20,624	)
Recoveries	3,941			2,266		2,074		—		8,281
Provision for loan losses	(3,764		)	2,702		5,459		—		4,397
Ending balance	$	94,208		117,806		41,357		—		253,371
Ending balance: individually evaluated for impairment	18,558			9,411		1,037		—		29,006
Ending balance: collectively evaluated for impairment	$	75,650		108,395		40,320		—		224,365
Loans:
Ending balance: total loans(1)	$	6,907,015		10,307,834		3,920,732		—		21,135,581
Ending balance: individually evaluated for impairment	237,167			130,197		41,321		—		408,685
Ending balance: collectively evaluated for impairment	$	6,669,848		10,177,637		3,879,411		—		20,726,896
	As Of and For The Three Months Ended March 31, 2014
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	127,012		116,069		41,479		23,000		307,560
Allowance for loan losses of sold loans	(281		)	(398	)	(340	)	—		(1,019	)
Charge-offs	(7,946		)	(8,036	)	(6,293	)	—		(22,275	)
Recoveries	2,227			1,953		2,914		—		7,094
Provision for loan losses	5,943			18,758		7,810		(23,000	)	9,511
Ending balance	$	126,955		128,346		45,570		—		300,871
Ending balance: individually evaluated for impairment	42,894			20,678		1,595		—		65,167
Ending balance: collectively evaluated for impairment	$	84,061		107,668		43,975		—		235,704
Loans:
Ending balance: total loans(2)	$	6,587,254		9,961,281		3,638,905		—		20,187,440
Ending balance: individually evaluated for impairment	481,684			220,376		52,243		—		754,303
Ending balance: collectively evaluated for impairment	$	6,105,570		9,740,905		3,586,662		—		19,433,137

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $28.4 million.

During the first quarter of 2014, Synovus designated $23.0 million of allowance for loan losses that was included in the unallocated component of the allowance for loan losses at December 31, 2013 to the allowance for loan losses allocated to the respective loan segments. 

The tables below summarize impaired loans (including accruing TDRs) as of March 31, 2015 and December 31, 2014.

Impaired Loans (including accruing TDRs)
	March 31, 2015				Three Months Ended March 31, 2015
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	14,636	19,382	—	14,964	—
1-4 family properties	2,730		10,080	—	2,888	—
Land acquisition	22,359		63,276	—	20,814	—
Total commercial real estate	39,725		92,738	—	38,666	—
Commercial, financial and agricultural	6,504		9,187	—	5,993	—
Owner-occupied	18,753		21,451	—	17,558	—
Total commercial and industrial	25,257		30,638	—	23,551	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	995	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	995	—
Total impaired loans with no related allowance recorded	$	65,977	125,441	—	63,212	—
With allowance recorded
Investment properties	96,020		98,622	7,374	86,415	631
1-4 family properties	65,228		66,010	7,594	72,534	356
Land acquisition	36,194		36,416	3,590	44,493	283
Total commercial real estate	197,442		201,048	18,558	203,442	1,270
Commercial, financial and agricultural	44,477		44,615	6,556	54,651	369
Owner-occupied	60,463		60,467	2,855	63,871	509
Total commercial and industrial	104,940		105,082	9,411	118,522	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	28,842		28,842	783	31,299	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	40,326		40,326	1,037	42,215	488
Total impaired loans with allowance recorded	$	342,708	346,456	29,006	364,179	2,636
Total impaired loans
Investment properties	$	110,656	118,004	7,374	101,379	631
1-4 family properties	67,958		76,090	7,594	75,422	356
Land acquisition	58,553		99,692	3,590	65,307	283
Total commercial real estate	237,167		293,786	18,558	242,108	1,270
Commercial, financial and agricultural	50,981		53,802	6,556	60,644	369
Owner-occupied	79,216		81,918	2,855	81,429	509
Total commercial and industrial	130,197		135,720	9,411	142,073	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	29,837		30,907	783	32,294	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	41,321		42,391	1,037	43,210	488
Total impaired loans	$	408,685	471,897	29,006	427,391	2,636

Impaired Loans (including accruing TDRs)
	December 31, 2014				Year Ended December 31, 2014
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	15,368	20,237	—	25,311	—
1-4 family properties	2,981		10,520	—	5,441	—
Land acquisition	21,504		61,843	—	29,954	—
Total commercial real estate	39,853		92,600	—	60,706	—
Commercial, financial and agricultural	7,391		11,193	—	8,984	—
Owner-occupied	17,017		19,612	—	19,548	—
Total commercial and industrial	24,408		30,805	—	28,532	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	1,352	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	1,352	—
Total impaired loans with no related allowance recorded	$	65,256	125,470	—	90,590	—
With allowance recorded
Investment properties	$	81,758	83,963	5,413	129,289	3,690
1-4 family properties	80,625		81,357	11,442	94,773	2,645
Land acquisition	49,300		49,483	4,900	89,195	1,689
Total commercial real estate	211,683		214,803	21,755	313,257	8,024
Commercial, financial and agricultural	59,035		59,041	7,597	91,221	2,392
Owner-occupied	62,583		62,601	2,854	78,950	2,610
Total commercial and industrial	121,618		121,642	10,451	170,171	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	33,450		33,450	1,040	39,427	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	43,591		43,591	1,270	48,028	1,835
Total impaired loans with allowance recorded	$	376,892	380,036	33,476	531,456	14,861
Total impaired loans
Investment properties	$	97,126	104,200	5,413	154,600	3,690
1-4 family properties	83,606		91,877	11,442	100,214	2,645
Land acquisition	70,804		111,326	4,900	119,149	1,689
Total commercial real estate	251,536		307,403	21,755	373,963	8,024
Commercial, financial and agricultural	66,426		70,234	7,597	100,205	2,392
Owner-occupied	79,600		82,213	2,854	98,498	2,610
Total commercial and industrial	146,026		152,447	10,451	198,703	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	34,445		35,515	1,040	40,779	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	44,586		45,656	1,270	49,380	1,835
Total impaired loans	$	442,148	505,506	33,476	622,046	14,861

The average recorded investment in impaired loans was $754.3 million for the three months ended March 31, 2014. Excluding accruing TDRs, there was no interest income recognized for the investment in impaired loans for the three months ended March 31, 2014. Interest income recognized for accruing TDRs was $4.0 million for the three months ended March 31, 2014 . At March 31, 2015 and December 31, 2014, all impaired loans other than $313.4 million and $348.4 million, respectively, of accruing TDRs, were on non-accrual status.

Concessions provided in a TDR are primarily in the form of providing a below market interest rate given the borrower's credit risk, a period of time generally less than one year with a reduction of required principal and/or interest payments (e.g., interest only for a period of time), or extension of the maturity of the loan generally for less than one year. Insignificant periods of reduction of principal and/or interest payments, or one-time deferrals of 3 months or less, are generally not considered to be financial concessions.

The following tables represent, by concession type, the post-modification balance for loans modified or renewed during the three months ended March 31, 2015 and 2014 that were reported as accruing or non-accruing TDRs.

TDRs by Concession Type
	Three Months Ended March 31, 2015
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	3	$	—	16,932	3,604	20,536
1-4 family properties	13	14,823		2,856	150	17,829
Land acquisition	3	—		255	708	963
Total commercial real estate	19	14,823		20,043	4,462	39,328
Commercial, financial and agricultural	25	—		1,015	1,890	2,905
Owner-occupied	2	—		1,739	—	1,739
Total commercial and industrial	27	—		2,754	1,890	4,644
Home equity lines	11	—		975	135	1,110
Consumer mortgages	11	—		245	786	1,031
Credit cards	—	—		—	—	—
Other retail	6	—		257	64	321
Total retail	28	—		1,477	985	2,462
Total TDRs	74	$	14,823	24,274	7,337	46,434	(1	)

⁽¹⁾ Net charge-offs of $4.0 million were recorded during the three months ended March 31, 2015 upon restructuring of these loans.

TDRs by Concession Type
	Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	5	$	—	7,143	531	7,674
1-4 family properties	11	—		429	2,114	2,543
Land acquisition	1	—		—	534	534
Total commercial real estate	17	—		7,572	3,179	10,751
Commercial, financial and agricultural	21	—		1,791	4,282	6,073
Owner-occupied	7	—		2,488	2,818	5,306
Total commercial and industrial	28	—		4,279	7,100	11,379
Home equity lines	2	—		241	46	287
Consumer mortgages	1	—		101	—	101
Credit cards	—	—		—	—	—
Other retail	4	—		—	117	117
Total retail	7	—		342	163	505
Total TDRs	52	$	—	12,193	10,442	22,635	(2	)

^{(2) No} net charge-offs were recorded during the three months ended March 31, 2014 upon restructuring of these loans.

The following table presents TDRs that defaulted in the periods indicated and which were modified or renewed in a TDR within 12 months of the default date.

Troubled Debt Restructurings Entered Into That Subsequently Defaulted* During
	Three Months Ended March 31, 2015			Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Investment properties	—	$	—	1	$	186
1-4 family properties	—	—		—	—
Land acquisition	—	—		—	—
Total commercial real estate	—	—		1	186
Commercial, financial and agricultural	—	—		1	522
Owner-occupied	—	—		—	—
Total commercial and industrial	—	—		1	522
Home equity lines	1	34		—	—
Consumer mortgages	—	—		—	—
Credit cards	—	—		—	—
Other retail	1	81		—	—
Total retail	2	115		—	—
Total TDRs	2	$	115	2	$	708

^* Default is defined as the earlier of the troubled debt restructuring being placed on non-accrual status or reaching 90 days past due with respect to principal and/or interest payments.

If, at the time a loan was designated as a TDR, the loan was not already impaired, the measurement of impairment that resulted from the TDR designation changes from a general pool-level reserve to a specific loan measurement of impairment in accordance with ASC 310-10-35. Generally, the change in the allowance for loan losses resulting from such TDR designation is not significant. At March 31, 2015, the allowance for loan losses allocated to accruing TDRs totaling $313.4 million was $17.6 million compared to accruing TDRs of $348.4 million with an allocated allowance for loan losses of $21.0 million at December 31, 2014. Non-accrual, non-homogeneous loans (commercial-type impaired loans greater than $1 million) that are designated as TDRs, are individually measured for the amount of impairment, if any, both before and after the TDR designation.

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Fair Value Accounting (Carrying And Estimated Fair Values Of Financial Instruments Carried On Balance Sheet) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 429,338	$ 485,489
Interest bearing funds with Federal Reserve Bank	1,263,886	721,362
Interest earning deposits with banks	6,871	11,810
Federal funds sold and securities purchased under resale agreements	80,772	73,111
Trading account assets	20,002	13,863
Mortgage loans held for sale	89,245	63,328
Investment securities available for sale	3,130,041	3,041,406
Loans, net	20,852,842	20,836,382
Non-interest bearing deposits	6,251,393	6,228,472
Federal funds purchased and securities sold under repurchase agreements	125,323	126,916
Long-term debt	2,189,769	2,140,319
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	429,338	485,489
Interest bearing funds with Federal Reserve Bank	1,263,886	721,362
Interest earning deposits with banks	6,871	11,810
Federal funds sold and securities purchased under resale agreements	80,772	73,111
Trading account assets	179	0
Mortgage loans held for sale	0	0
Other loans held for sale	0	0
Investment securities available for sale	52,864	51,609
Private equity investments	0	0
Mutual funds held in Rabbi Trusts	11,384	11,252
Loans, net	0	0
Derivative asset positions	0	0
Trading account liabilities	0	0
Non-interest bearing deposits	0	0
Interest bearing deposits	0	0
Federal funds purchased and securities sold under repurchase agreements	125,323	126,916
Salary stock units		1,206
Long-term debt	0	0
Derivative liability positions	0	0
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Interest bearing funds with Federal Reserve Bank	0	0
Interest earning deposits with banks	0	0
Federal funds sold and securities purchased under resale agreements	0	0
Trading account assets	19,823	13,863
Mortgage loans held for sale	89,245	63,328
Other loans held for sale	0	0
Investment securities available for sale	3,075,523	2,988,152
Private equity investments	1,045	995
Mutual funds held in Rabbi Trusts	0	0
Loans, net	0	0
Derivative asset positions	35,494	32,117
Trading account liabilities	1,575	2,100
Non-interest bearing deposits	6,251,393	6,228,472
Interest bearing deposits	15,848,697	15,299,372
Federal funds purchased and securities sold under repurchase agreements	0	0
Salary stock units		0
Long-term debt	2,243,405	2,191,279
Derivative liability positions	34,605	32,151
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Interest bearing funds with Federal Reserve Bank	0	0
Interest earning deposits with banks	0	0
Federal funds sold and securities purchased under resale agreements	0	0
Trading account assets	0	0
Mortgage loans held for sale	0	0
Other loans held for sale	1,082	3,606
Investment securities available for sale	1,654	1,645
Private equity investments	27,081	27,367
Mutual funds held in Rabbi Trusts	0	0
Loans, net	20,877,101	20,872,939
Derivative asset positions	0	0
Trading account liabilities	0	0
Non-interest bearing deposits	0	0
Interest bearing deposits	0	0
Federal funds purchased and securities sold under repurchase agreements	0	0
Salary stock units		0
Long-term debt	0	0
Derivative liability positions	1,425	1,401
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	429,338	485,489
Interest bearing funds with Federal Reserve Bank	1,263,886	721,362
Interest earning deposits with banks	6,871	11,810
Federal funds sold and securities purchased under resale agreements	80,772	73,111
Trading account assets	20,002	13,863
Mortgage loans held for sale	89,245	63,328
Other loans held for sale	1,082	3,606
Investment securities available for sale	3,130,041	3,041,406
Private equity investments	28,126	28,362
Mutual funds held in Rabbi Trusts	11,384	11,252
Loans, net	21,106,213	21,097,699
Derivative asset positions	35,494	32,117
Trading account liabilities	1,575	2,100
Non-interest bearing deposits	6,251,393	6,228,472
Interest bearing deposits	15,856,456	15,303,228
Federal funds purchased and securities sold under repurchase agreements	125,323	126,916
Salary stock units		1,206
Long-term debt	2,189,769	2,140,319
Derivative liability positions	36,030	33,553
Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	429,338	485,489
Interest bearing funds with Federal Reserve Bank	1,263,886	721,362
Interest earning deposits with banks	6,871	11,810
Federal funds sold and securities purchased under resale agreements	80,772	73,111
Trading account assets	20,002	13,863
Mortgage loans held for sale	89,245	63,328
Other loans held for sale	1,082	3,606
Investment securities available for sale	3,130,041	3,041,406
Private equity investments	28,126	28,362
Mutual funds held in Rabbi Trusts	11,384	11,252
Loans, net	20,877,101	20,872,939
Derivative asset positions	35,494	32,117
Trading account liabilities	1,575	2,100
Non-interest bearing deposits	6,251,393	6,228,472
Interest bearing deposits	15,848,697	15,299,372
Federal funds purchased and securities sold under repurchase agreements	125,323	126,916
Salary stock units		1,206
Long-term debt	2,243,405	2,191,279
Derivative liability positions	$ 36,030	$ 33,553

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Investment Securities

3 Months Ended

Mar. 31, 2015

Investments [Abstract]

Investment Securities

Note 5 - Investment Securities

The amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities available for sale at March 31, 2015 and December 31, 2014 are summarized below.

	March 31, 2015
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	43,139	479	—		43,618
U.S. Government agency securities	24,515		980	—		25,495
Securities issued by U.S. Government sponsored enterprises	81,115		664	—		81,779
Mortgage-backed securities issued by U.S. Government agencies	169,098		3,112	(345	)	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,186,379		27,536	(6,246	)	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	563,513		6,086	(1,028	)	568,571
State and municipal securities	4,941		168	(1	)	5,108
Equity securities	3,228		3,945	—		7,173
Other investments	19,132		37	(406	)	18,763
Total investment securities available for sale	$	3,095,060	43,007	(8,026	)	3,130,041
	December 31, 2014
(in thousands)	Amortized Cost(1)		Gross Unrealized Gains	Gross Unrealized Losses		Fair Value
U.S. Treasury securities	$	42,636	190	—		42,826
U.S. Government agency securities	26,426		898	—		27,324
Securities issued by U.S. Government sponsored enterprises	81,332		710	—		82,042
Mortgage-backed securities issued by U.S. Government agencies	177,678		2,578	(440	)	179,816
Mortgage-backed securities issued by U.S. Government sponsored enterprises	2,250,897		19,915	(9,131	)	2,261,681
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	414,562		4,856	(2,342	)	417,076
State and municipal securities	5,024		183	(1	)	5,206
Equity securities	3,228		3,520			6,748
Other investments	19,121		7	(441	)	18,687
Total investment securities available for sale	$	3,020,904	32,857	(12,355	)	3,041,406

⁽¹⁾  Amortized cost is adjusted for other-than-temporary impairment charges in 2014, which have been recognized in the consolidated statements of income and were considered inconsequential.

At March 31, 2015 and December 31, 2014, investment securities with a carrying value of $2.05 billion and $2.12 billion respectively, were pledged to secure certain deposits and securities sold under repurchase agreements as required by law and contractual agreements.

Synovus has reviewed investment securities that are in an unrealized loss position as of March 31, 2015 and December 31, 2014 for OTTI and does not consider any securities in an unrealized loss position to be other-than-temporarily impaired. If Synovus intended to sell a security in an unrealized loss position, the entire unrealized loss would be reflected in income. Synovus does not intend to sell investment securities in an unrealized loss position prior to the recovery of the unrealized loss, which may be until maturity, and has the ability and intent to hold those securities for that period of time. Additionally, Synovus is not currently aware of any circumstances which will require it to sell any of the securities that are in an unrealized loss position prior to the respective securities recovery of all such unrealized losses.

Declines in the fair value of available for sale securities below their cost that are deemed to have OTTI are reflected in earnings as realized losses to the extent the impairment is related to credit losses. The amount of the impairment related to other factors is recognized in other comprehensive income. Currently, unrealized losses on debt securities are attributable to increases in interest rates on comparable securities from the date of purchase. Synovus regularly evaluates its investment securities portfolio to ensure that there are no conditions that would indicate that unrealized losses represent OTTI. These factors include the length of time the security has been in a loss position, the extent that the fair value is below amortized cost, and the credit standing of the issuer. As of March 31, 2015, Synovus had one investment security in a loss position for less than twelve months and thirty-five investment securities in a loss position for twelve months or longer.

Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2015 and December 31, 2014, are presented below.

	March 31, 2015
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	4,473		11	20,678	334	25,151	345
Mortgage-backed securities issued by U.S. Government sponsored enterprises	—		—	732,387	6,246	732,387	6,246
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	82,318	1,028	82,318	1,028
State and municipal securities	—		—	46	1	46	1
Other investments	—		—	3,726	406	3,726	406
Total	$	4,473	11	839,155	8,015	843,628	8,026
	December 31, 2014
	Less than 12 Months			12 Months or Longer		Total
(in thousands)	Fair Value		Gross Unrealized Losses	Fair Value	Gross Unrealized Losses	Fair Value	Gross Unrealized Losses
Mortgage-backed securities issued by U.S. Government agencies	—		—	21,488	440	21,488	440
Mortgage-backed securities issued by U.S. Government sponsored enterprises	251,134		763	798,282	8,368	1,049,416	9,131
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	20,338		61	119,172	2,281	139,510	2,342
State and municipal securities	—		—	45	1	45	1
Other investments	—		—	3,680	441	3,680	441
Total	$	271,472	824	942,667	11,531	1,214,139	12,355

The amortized cost and fair value by contractual maturity of investment securities available for sale at March 31, 2015 are shown below. The expected life of mortgage-backed securities or CMOs may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. For purposes of the maturity table, mortgage-backed securities and CMOs, which are not due at a single maturity date, have been classified based on the final contractual maturity date.

	Distribution of Maturities at March 31, 2015
(in thousands)	Within One Year		1 to 5 Years	5 to 10 Years	More Than 10 Years	No Stated Maturity	Total
Amortized Cost
U.S. Treasury securities	$	18,286	24,853	—	—	—	43,139
U.S. Government agency securities	78		12,001	12,436	—	—	24,515
Securities issued by U.S. Government sponsored enterprises	—		81,115	—	—	—	81,115
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	169,098	—	169,098
Mortgage-backed securities issued by U.S. Government sponsored enterprises	134		1,201	1,792,674	392,370	—	2,186,379
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	563,513	—	563,513
State and municipal securities	165		2,067	—	2,709	—	4,941
Equity securities	—		—	—	—	3,228	3,228
Other investments	—		—	15,000	2,000	2,132	19,132
Total amortized cost	$	18,663	121,237	1,820,110	1,129,690	5,360	3,095,060
Fair Value
U.S. Treasury securities	$	18,286	25,332	—	—	—	43,618
U.S. Government agency securities	80		12,412	13,003	—	—	25,495
Securities issued by U.S. Government sponsored enterprises	—		81,779	—	—	—	81,779
Mortgage-backed securities issued by U.S. Government agencies	—		—	—	171,865	—	171,865
Mortgage-backed securities issued by U.S. Government sponsored enterprises	140		1,271	1,801,124	405,134	—	2,207,669
Collateralized mortgage obligations issued by U.S. Government agencies or sponsored enterprises	—		—	—	568,571	—	568,571
State and municipal securities	166		2,106	—	2,836	—	5,108
Equity securities	—		—	—	—	7,173	7,173
Other investments	—		—	15,037	1,653	2,073	18,763
Total fair value	$	18,672	122,900	1,829,164	1,150,059	9,246	3,130,041

Proceeds from sales, gross gains, and gross losses on sales of securities available for sale for the three months ended March 31, 2015 and 2014 are presented below. Other-than-temporary impairment charges of $88 thousand are included in gross realized losses for the three months ended March 31, 2014. The specific identification method is used to reclassify gains and losses out of other comprehensive income at the time of sale.

	Three Months Ended March 31,
(in thousands)	2015		2014
Proceeds from sales of investment securities available for sale	$	32,419	20,815
Gross realized gains	725		1,419
Gross realized losses	—		(88	)
Investment securities gains, net	$	725	1,331

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Restructuring Charges

3 Months Ended

Mar. 31, 2015

Restructuring Charges [Abstract]

Restructuring Charges

Note 6 - Restructuring Charges

For the three months ended March 31, 2015 and 2014 total restructuring charges consist of the following components:

	Three Months Ended March 31,
(in thousands)	2015			2014
Severance charges	$	—		8,047
Gain on sale of assets held for sale, net	(157		)	—
Professional fees and other charges	50			530
Total restructuring charges, net	$	(107	)	8,577

For the three months ended March 31, 2015, Synovus recorded net gains of $157 thousand on the sale of certain branch locations and recorded additional expense of $50 thousand associated with the 2014 branch closings. Restructuring charges for the three months ended March 31, 2014 related primarily to expense savings initiatives that were approved during 2014 with an expected completion date of mid-2015. The initiatives include the consolidation or closing of certain branch locations as well as workforce reductions. Severance charges for the three months ended March 31, 2014 consisted of estimated involuntary termination benefits for targeted staff reductions identified during 2014. These termination benefits were provided under an ongoing benefit arrangement as defined in ASC 712, Compensation-Nonretirement Postemployment Benefits; accordingly, the charges were recorded pursuant to the liability recognition criteria of ASC 712.   Additionally, substantially all of the professional fees and other charges for the three months ended March 31, 2014 consist of professional fees incurred in connection with an organizational restructuring implemented during 2014.

The following table presents aggregate activity associated with accruals that resulted from restructuring charges during the three months ended March 31, 2015 and 2014:

	Severance Charges			Lease Termination Charges		Total
(in thousands)
Balance at December 31, 2013	$	1,572		1,383		2,955
Accruals for efficiency initiatives	8,047			—		8,047
Payments	(1,931		)	(1,289	)	(3,220	)
Balance at March 31, 2014	7,688			94		7,782
Balance at December 31, 2014	3,291			5,539		8,830
Payments	(521		)	(221	)	(742	)
Balance at March 31, 2015	$	2,770		5,318		8,088

All professional fees and other charges were paid in the years that they were incurred. No other restructuring charges resulted in payment accruals.

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Other Real Estate

3 Months Ended

Mar. 31, 2015

Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]

Other Real Estate

Note 8 - Other Real Estate

The carrying value of ORE was $74.8 million and $85.5 million at March 31, 2015 and December 31, 2014, respectively. During the three months ended March 31, 2015 and 2014, $5.4 million and $12.9 million, respectively,of loans and other loans held for sale were foreclosed and transferred to other real estate at fair value less costs to sell. During the three months ended March 31, 2015 and 2014, Synovus recognized foreclosed real estate expense, net, of $9.5 million and $5.7 million, respectively. These expenses included write-downs for declines in fair value of ORE subsequent to the date of foreclosure and net realized losses resulting from sales transactions totaling $7.3 million and $4.8 million for the three months ended March 31, 2015 and 2014, respectively.

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Net Income Per Common Share (Schedule Of Basic And Diluted Earnings Per Share) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Basic Earnings (Loss) Per Share
Net income available to common shareholders	$ 51,404	$ 45,857
Weighted average common shares outstanding	134,933	138,932
Net income per common share, basic	$ 0.38	$ 0.33
Diluted Earnings (Loss) Per Share
Net income available to common shareholders	$ 51,404	$ 45,857
Weighted average common shares outstanding	134,933	138,932
Potentially dilutive shares from assumed exercise of securities or other contracts to purchase common stock	811	572
Weighted average number of diluted common shares	135,744	139,504
Net income per common share, diluted	$ 0.38	$ 0.33

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Share-based Compensation (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 3.2	$ 2.2
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other equity compensation, shares granted	0
Options outstanding	2,361,598
Weighted-average exercise price, options	$ 45.13
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	3 years
Other equity compensation, shares granted	291,754
Weighted-average exercise price, shares granted during period	$ 28.30
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other equity compensation, shares granted	82,152
Market Restricted Stock Units (MRSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other equity compensation, shares granted	82,152
Non-Vested Synovus Shares And Restricted Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other equity compensation, non-vested shares outstanding	1,099,065
Weighted-average exercise price, non-vested shares outstanding	$ 24.80
Minimum [Member] | Performance Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range based on return on average assets (ROAA)			0.00%
Minimum [Member] | Market Restricted Stock Units (MRSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range based on shareholder return			75.00%
Maximum [Member] | Performance Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range based on return on average assets (ROAA)			150.00%
Maximum [Member] | Market Restricted Stock Units (MRSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range based on shareholder return			125.00%
2013 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equivalents authorized	6,696,079
Shares of authorized but unissued common stock reserved for future grants	8,571,429
Contractual term (years)	10 years
2013 Omnibus Plan [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share equivalents ratio	1
2013 Omnibus Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	3 years
2013 Omnibus Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	5 years

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Derivative Instruments (Effect Of Fair Value Hedges On Consolidated Statements Of Income) (Details) (Not Designated As Hedging Instruments [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivative	$ 923		$ (216)
Other Non-Interest Income [Member] | Interest Rate Contracts [Member]
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivative	(179)	[1]	104	[1]
Mortgage Banking Income [Member] | Mortgage Derivatives [Member]
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivative	$ 1,102	[2]	$ (320)	[2]

[1] Gain (loss) represents net fair value adjustments (including credit related adjustments) for customer swaps and offsetting positions.

[2] Gain (loss) represents net fair value adjustments recorded for interest rate lock commitments and commitments to sell mortgage loans to third party investors.

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Sale of Branches (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014	Jan. 17, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loans		$ 20,852,842,000	$ 20,836,382,000
Deposits		22,107,849,000	21,531,700,000
Trust One Bank, Memphis, Tennessee [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loans				89,600,000
Deposits				191,300,000
Gain on sale of branches	$ 5,800,000

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Other Comprehensive Income (Loss) (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	$ (3,651)	$ (12,605)	$ (30,463)	$ (41,258)
Net Unrealized Gains (Losses) on Cash Flow Hedges [Member]
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	(12,755)	(12,824)	(13,030)	(13,099)
Net Unrealized Gains (Losses) on Cash Flow Hedges [Member] | Valuation Allowance of Deferred Tax Assets [Member]
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	(12,100)
Net Unrealized Gains (Losses) on Investment Securities Available for Sale [Member]
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	8,198	(713)	(18,166)	(28,936)
Net Unrealized Gains (Losses) on Investment Securities Available for Sale [Member] | Valuation Allowance of Deferred Tax Assets [Member]
Class of Stock [Line Items]
Accumulated other comprehensive income (loss)	$ (13,300)

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Share-based Compensation

3 Months Ended

Mar. 31, 2015

Share-based Compensation [Abstract]

Share-based Compensation

Note 13 - Share-based Compensation

General Description of Share-based Plans

Synovus has a long-term incentive plan under which the Compensation Committee of the Board of Directors has the authority to grant share-based awards to Synovus employees. At March 31, 2015, Synovus had a total of 6,696,079 shares of its authorized but unissued common stock reserved for future grants under the 2013 Omnibus Plan. The 2013 Omnibus Plan authorizes 8,571,429 common share equivalents available for grant, where grants of options count as one share equivalent and grants of full value awards (e.g., restricted share units, market restricted share units, and performance share units) count as two share equivalents. Any restricted share units that are forfeited and options that expire unexercised will again become available for issuance under the Plan. The Plan permits grants of share-based compensation including stock options, restricted share units, market restricted share units, and performance share units. The grants generally include vesting periods ranging from three to five years and contractual terms of ten years. Stock options are granted at exercise prices which equal the fair value of a share of common stock on the grant-date. Synovus has historically issued new shares to satisfy share option exercises and share unit conversions. Dividend equivalents are paid on outstanding restricted share units, market restricted share units, and performance share units in the form of additional restricted share units that vest over the same vesting period or the vesting period left on the original restricted share unit grant.

Share-based Compensation Expense

Share-based compensation costs associated with employee grants are recorded as a component of salaries and other personnel expense in the consolidated statements of income. Share-based compensation costs associated with grants made to non-employee directors of Synovus are recorded as a component of other operating expenses. Total share-based compensation expense was $3.2 million for the three months ended March 31, 2015 and $2.2 million for the three months ended March 31, 2014.

Stock Options

No stock option grants were made during the three months ended March 31, 2015. At March 31, 2015, there were 2,361,598 outstanding options to purchase shares of common stock with a weighted average exercise price of $45.13.

Restricted Share Units, Performance Share Units, and Market Restricted Share Units

During the three months ended March 31, 2015, Synovus awarded 291,754 restricted share units that have a service-based vesting period of three years and awarded 82,152 performance share units that vest upon service conditions and performance conditions. Synovus also granted 82,152 market restricted share units during the three months ended March 31, 2015. The weighted average grant-date fair value of the awarded restricted share units, performance share units and market restricted share units was $28.30 per share. Market restricted share units and performance share units are granted at target and are compared annually to required market and performance metrics. The performance share units vest upon meeting certain service and performance conditions. Return on average assets (ROAA) performance will be evaluated each year over a three-year performance period, with share distribution determined at the end of the three years. The number of performance share units that will ultimately vest ranges from 0% to 150% of target based on Synovus' three-year weighted average ROAA (as defined). The market restricted share units have a three-year service-based vesting component as well as a total shareholder return multiplier. The number of market restricted share units that will ultimately vest ranges from 75% to 125% of target based on Synovus' total shareholder return (TSR). At March 31, 2015, including dividend equivalents granted, there were 1,099,065 restricted share units, performance share units and market restricted share units outstanding with a weighted average grant-date fair value of $24.80.

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Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2015

Allowance for Loan and Lease Losses, Adjustments, Net [Abstract]

Schedule of Current, Accruing Past Due, and Nonaccrual Loans

The following is a summary of current, accruing past due, and non-accrual loans by portfolio class as of March 31, 2015 and December 31, 2014.

Current, Accruing Past Due, and Non-accrual Loans
	March 31, 2015
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,201,493	2,579	211	2,790	19,780	5,224,063
1-4 family properties	1,096,543		3,954	291	4,245	22,827	1,123,615
Land acquisition	526,185		1,704	4	1,708	31,444	559,337
Total commercial real estate	6,824,221		8,237	506	8,743	74,051	6,907,015
Commercial, financial and agricultural	6,155,867		17,834	2,410	20,244	42,060	6,218,171
Owner-occupied	4,050,333		7,704	—	7,704	31,626	4,089,663
Total commercial and industrial	10,206,200		25,538	2,410	27,948	73,686	10,307,834
Home equity lines	1,647,045		5,301	759	6,060	18,933	1,672,038
Consumer mortgages	1,667,761		9,276	—	9,276	25,351	1,702,388
Credit cards	239,150		1,767	1,340	3,107	—	242,257
Other retail	299,529		2,299	10	2,309	2,211	304,049
Total retail	3,853,485		18,643	2,109	20,752	46,495	3,920,732
Total loans	$	20,883,906	52,418	5,025	57,443	194,232	21,135,581	(1	)
	December 31, 2014
(in thousands)	Current		Accruing 30-89 Days Past Due	Accruing 90 Days or Greater Past Due	Total Accruing Past Due	Non-accrual	Total
Investment properties	$	5,187,200	1,851	—	1,851	20,720	5,209,771
1-4 family properties	1,106,111		4,067	432	4,499	24,197	1,134,807
Land acquisition	540,932		363	—	363	34,375	575,670
Total commercial real estate	6,834,243		6,281	432	6,713	79,292	6,920,248
Commercial, financial and agricultural	6,172,220		9,979	1,790	11,769	40,359	6,224,348
Owner-occupied	4,016,997		6,404	225	6,629	26,099	4,049,725
Total commercial and industrial	10,189,217		16,383	2,015	18,398	66,458	10,274,073
Home equity lines	1,659,869		6,992	703	7,695	16,434	1,683,998
Consumer mortgages	1,648,145		12,626	12	12,638	33,278	1,694,061
Credit cards	250,304		1,971	1,374	3,345	—	253,649
Other retail	297,703		2,361	101	2,462	2,295	302,460
Total retail	3,856,021		23,950	2,190	26,140	52,007	3,934,168
Total loans	$	20,879,481	46,614	4,637	51,251	197,757	21,128,489	(2	)

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $30.8 million.

Loan Portfolio Credit Exposure

In the following tables, retail loans are generally assigned a risk grade similar to the classifications described above; however, upon reaching 90 days and 120 days past due, they are generally downgraded to Substandard and Loss, respectively, in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy. Additionally, in accordance with the Interagency Supervisory Guidance on Allowance for Loan and Lease Losses Estimation Practices for Loans and Lines of Credit Secured by Junior Liens on 1-4 Family Residential Properties, the risk grade classifications of retail loans (home equity lines and consumer mortgages) secured by junior liens on 1-4 family residential properties also consider available information on the payment status of the associated senior lien with other financial institutions.

Loan Portfolio Credit Exposure by Risk Grade
	March 31, 2015
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,959,969	156,878	107,216	—	—		5,224,063
1-4 family properties	956,789		74,830	84,726	7,270	—		1,123,615
Land acquisition	456,175		47,259	55,318	585	—		559,337
Total commercial real estate	6,372,933		278,967	247,260	7,855	—		6,907,015
Commercial, financial and agricultural	5,956,395		136,454	115,881	9,363	78	(3)	6,218,171
Owner-occupied	3,848,237		84,320	156,334	327	445	(3)	4,089,663
Total commercial and industrial	9,804,632		220,774	272,215	9,690	523		10,307,834
Home equity lines	1,644,215		—	24,001	1,793	2,029	(3)	1,672,038
Consumer mortgages	1,669,848		—	30,358	2,056	126	(3)	1,702,388
Credit cards	240,917		—	455	—	885	(4)	242,257
Other retail	300,846		—	3,079	32	92	(3)	304,049
Total retail	3,855,826		—	57,893	3,881	3,132		3,920,732
Total loans	$	20,033,391	499,741	577,368	21,426	3,655		21,135,581	(5	)
	December 31, 2014
(in thousands)	Pass		Special Mention	Substandard(1)	Doubtful(2)	Loss		Total
Investment properties	$	4,932,440	174,466	102,865	—	—		5,209,771
1-4 family properties	944,646		86,072	96,392	7,697	—		1,134,807
Land acquisition	460,813		52,026	62,101	730	—		575,670
Total commercial real estate	6,337,899		312,564	261,358	8,427	—		6,920,248
Commercial, financial and agricultural	5,945,725		145,779	123,225	9,539	80	(3)	6,224,348
Owner-occupied	3,792,261		95,647	161,045	327	445	(3)	4,049,725
Total commercial and industrial	9,737,986		241,426	284,270	9,866	525		10,274,073
Home equity lines	1,659,794		—	20,043	2,009	2,152	(3)	1,683,998
Consumer mortgages	1,653,491		—	37,656	2,654	260	(3)	1,694,061
Credit cards	252,275		—	495	—	879	(4)	253,649
Other retail	298,991		—	3,339	32	98	(3)	302,460
Total retail	3,864,551		—	61,533	4,695	3,389		3,934,168
Total loans	$	19,940,436	553,990	607,161	22,988	3,914		21,128,489	(6	)

⁽¹⁾ Includes $170.5 million and $170.9 million of non-accrual Substandard loans at March 31, 2015 and December 31, 2014, respectively.

⁽²⁾ The loans within this risk grade are on non-accrual status. Commercial loans generally have an allowance for loan losses in accordance with ASC 310, and retail loans generally have an allowance for loan losses equal to 50% of the loan amount.

⁽³⁾ The loans within this risk grade are on non-accrual status and have an allowance for loan losses equal to the full loan amount.

⁽⁴⁾ Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an allowance for loan losses equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Uniform Retail Credit Classification and Account Management Policy.

⁽⁵⁾Total before net deferred fees and costs of $29.4 million.

⁽⁶⁾Total before net deferred fees and costs of

Schedule of Allowances for Loan Losses and Recorded Investment in Loans

The following table details the changes in the allowance for loan losses by loan segment for the three months ended March 31, 2015 and 2014.

Allowance for Loan Losses and Recorded Investment in Loans
	As Of and For The Three Months Ended March 31, 2015
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	101,471		118,110		41,736		—		261,317
Charge-offs	(7,440		)	(5,272	)	(7,912	)	—		(20,624	)
Recoveries	3,941			2,266		2,074		—		8,281
Provision for loan losses	(3,764		)	2,702		5,459		—		4,397
Ending balance	$	94,208		117,806		41,357		—		253,371
Ending balance: individually evaluated for impairment	18,558			9,411		1,037		—		29,006
Ending balance: collectively evaluated for impairment	$	75,650		108,395		40,320		—		224,365
Loans:
Ending balance: total loans(1)	$	6,907,015		10,307,834		3,920,732		—		21,135,581
Ending balance: individually evaluated for impairment	237,167			130,197		41,321		—		408,685
Ending balance: collectively evaluated for impairment	$	6,669,848		10,177,637		3,879,411		—		20,726,896
	As Of and For The Three Months Ended March 31, 2014
(in thousands)	Commercial Real Estate			Commercial & Industrial		Retail		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	127,012		116,069		41,479		23,000		307,560
Allowance for loan losses of sold loans	(281		)	(398	)	(340	)	—		(1,019	)
Charge-offs	(7,946		)	(8,036	)	(6,293	)	—		(22,275	)
Recoveries	2,227			1,953		2,914		—		7,094
Provision for loan losses	5,943			18,758		7,810		(23,000	)	9,511
Ending balance	$	126,955		128,346		45,570		—		300,871
Ending balance: individually evaluated for impairment	42,894			20,678		1,595		—		65,167
Ending balance: collectively evaluated for impairment	$	84,061		107,668		43,975		—		235,704
Loans:
Ending balance: total loans(2)	$	6,587,254		9,961,281		3,638,905		—		20,187,440
Ending balance: individually evaluated for impairment	481,684			220,376		52,243		—		754,303
Ending balance: collectively evaluated for impairment	$	6,105,570		9,740,905		3,586,662		—		19,433,137

⁽¹⁾Total before net deferred fees and costs of $29.4 million.

⁽²⁾Total before net deferred fees and costs of $28.4 million.

Schedule of Impaired Loans

he tables below summarize impaired loans (including accruing TDRs) as of March 31, 2015 and December 31, 2014.

Impaired Loans (including accruing TDRs)
	March 31, 2015				Three Months Ended March 31, 2015
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	14,636	19,382	—	14,964	—
1-4 family properties	2,730		10,080	—	2,888	—
Land acquisition	22,359		63,276	—	20,814	—
Total commercial real estate	39,725		92,738	—	38,666	—
Commercial, financial and agricultural	6,504		9,187	—	5,993	—
Owner-occupied	18,753		21,451	—	17,558	—
Total commercial and industrial	25,257		30,638	—	23,551	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	995	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	995	—
Total impaired loans with no related allowance recorded	$	65,977	125,441	—	63,212	—
With allowance recorded
Investment properties	96,020		98,622	7,374	86,415	631
1-4 family properties	65,228		66,010	7,594	72,534	356
Land acquisition	36,194		36,416	3,590	44,493	283
Total commercial real estate	197,442		201,048	18,558	203,442	1,270
Commercial, financial and agricultural	44,477		44,615	6,556	54,651	369
Owner-occupied	60,463		60,467	2,855	63,871	509
Total commercial and industrial	104,940		105,082	9,411	118,522	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	28,842		28,842	783	31,299	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	40,326		40,326	1,037	42,215	488
Total impaired loans with allowance recorded	$	342,708	346,456	29,006	364,179	2,636
Total impaired loans
Investment properties	$	110,656	118,004	7,374	101,379	631
1-4 family properties	67,958		76,090	7,594	75,422	356
Land acquisition	58,553		99,692	3,590	65,307	283
Total commercial real estate	237,167		293,786	18,558	242,108	1,270
Commercial, financial and agricultural	50,981		53,802	6,556	60,644	369
Owner-occupied	79,216		81,918	2,855	81,429	509
Total commercial and industrial	130,197		135,720	9,411	142,073	878
Home equity lines	6,317		6,317	180	5,664	59
Consumer mortgages	29,837		30,907	783	32,294	345
Credit cards	—		—	—	—	—
Other retail	5,167		5,167	74	5,252	84
Total retail	41,321		42,391	1,037	43,210	488
Total impaired loans	$	408,685	471,897	29,006	427,391	2,636

Impaired Loans (including accruing TDRs)
	December 31, 2014				Year Ended December 31, 2014
(in thousands)	Recorded Investment		Unpaid Principal Balance	Related Allowance	Average Recorded Investment	Interest Income Recognized
With no related allowance recorded
Investment properties	$	15,368	20,237	—	25,311	—
1-4 family properties	2,981		10,520	—	5,441	—
Land acquisition	21,504		61,843	—	29,954	—
Total commercial real estate	39,853		92,600	—	60,706	—
Commercial, financial and agricultural	7,391		11,193	—	8,984	—
Owner-occupied	17,017		19,612	—	19,548	—
Total commercial and industrial	24,408		30,805	—	28,532	—
Home equity lines	—		—	—	—	—
Consumer mortgages	995		2,065	—	1,352	—
Credit cards	—		—	—	—	—
Other retail	—		—	—	—	—
Total retail	995		2,065	—	1,352	—
Total impaired loans with no related allowance recorded	$	65,256	125,470	—	90,590	—
With allowance recorded
Investment properties	$	81,758	83,963	5,413	129,289	3,690
1-4 family properties	80,625		81,357	11,442	94,773	2,645
Land acquisition	49,300		49,483	4,900	89,195	1,689
Total commercial real estate	211,683		214,803	21,755	313,257	8,024
Commercial, financial and agricultural	59,035		59,041	7,597	91,221	2,392
Owner-occupied	62,583		62,601	2,854	78,950	2,610
Total commercial and industrial	121,618		121,642	10,451	170,171	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	33,450		33,450	1,040	39,427	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	43,591		43,591	1,270	48,028	1,835
Total impaired loans with allowance recorded	$	376,892	380,036	33,476	531,456	14,861
Total impaired loans
Investment properties	$	97,126	104,200	5,413	154,600	3,690
1-4 family properties	83,606		91,877	11,442	100,214	2,645
Land acquisition	70,804		111,326	4,900	119,149	1,689
Total commercial real estate	251,536		307,403	21,755	373,963	8,024
Commercial, financial and agricultural	66,426		70,234	7,597	100,205	2,392
Owner-occupied	79,600		82,213	2,854	98,498	2,610
Total commercial and industrial	146,026		152,447	10,451	198,703	5,002
Home equity lines	4,848		4,848	129	3,604	1,405
Consumer mortgages	34,445		35,515	1,040	40,779	115
Credit cards	—		—	—	—	—
Other retail	5,293		5,293	101	4,997	315
Total retail	44,586		45,656	1,270	49,380	1,835
Total impaired loans	$	442,148	505,506	33,476	622,046	14,861

Troubled Debt Restructurings

The following tables represent, by concession type, the post-modification balance for loans modified or renewed during the three months ended March 31, 2015 and 2014 that were reported as accruing or non-accruing TDRs.

TDRs by Concession Type
	Three Months Ended March 31, 2015
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	3	$	—	16,932	3,604	20,536
1-4 family properties	13	14,823		2,856	150	17,829
Land acquisition	3	—		255	708	963
Total commercial real estate	19	14,823		20,043	4,462	39,328
Commercial, financial and agricultural	25	—		1,015	1,890	2,905
Owner-occupied	2	—		1,739	—	1,739
Total commercial and industrial	27	—		2,754	1,890	4,644
Home equity lines	11	—		975	135	1,110
Consumer mortgages	11	—		245	786	1,031
Credit cards	—	—		—	—	—
Other retail	6	—		257	64	321
Total retail	28	—		1,477	985	2,462
Total TDRs	74	$	14,823	24,274	7,337	46,434	(1	)

⁽¹⁾ Net charge-offs of $4.0 million were recorded during the three months ended March 31, 2015 upon restructuring of these loans.

TDRs by Concession Type
	Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Principal Forgiveness		Below Market Interest Rate	Term Extensions and/or Other Concessions	Total
Investment properties	5	$	—	7,143	531	7,674
1-4 family properties	11	—		429	2,114	2,543
Land acquisition	1	—		—	534	534
Total commercial real estate	17	—		7,572	3,179	10,751
Commercial, financial and agricultural	21	—		1,791	4,282	6,073
Owner-occupied	7	—		2,488	2,818	5,306
Total commercial and industrial	28	—		4,279	7,100	11,379
Home equity lines	2	—		241	46	287
Consumer mortgages	1	—		101	—	101
Credit cards	—	—		—	—	—
Other retail	4	—		—	117	117
Total retail	7	—		342	163	505
Total TDRs	52	$	—	12,193	10,442	22,635	(2	)

^{(2) No} net charge-offs were recorded during the three months ended March 31, 2014 upon restructuring of these loans.

Troubled Debt Restructurings that Subsequently Defaulted

The following table presents TDRs that defaulted in the periods indicated and which were modified or renewed in a TDR within 12 months of the default date.

Troubled Debt Restructurings Entered Into That Subsequently Defaulted* During
	Three Months Ended March 31, 2015			Three Months Ended March 31, 2014
(in thousands, except contract data)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Investment properties	—	$	—	1	$	186
1-4 family properties	—	—		—	—
Land acquisition	—	—		—	—
Total commercial real estate	—	—		1	186
Commercial, financial and agricultural	—	—		1	522
Owner-occupied	—	—		—	—
Total commercial and industrial	—	—		1	522
Home equity lines	1	34		—	—
Consumer mortgages	—	—		—	—
Credit cards	—	—		—	—
Other retail	1	81		—	—
Total retail	2	115		—	—
Total TDRs	2	$	115	2	$	708

^* Default is defined as the earlier of the troubled debt restructuring being placed on non-accrual status or reaching 90 days past due with respect to principal and/or interest payments.

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Loans and Allowance for Loan Losses (Troubled Debt Restructurings That Subsequently Defaulted) (Details) (Troubled Debt Restructurings That Subsequently Defaulted [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015 Contract	Mar. 31, 2014 Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts	2	2
Recorded Investment	$ 115	$ 708
Home Equity Lines [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1	0
Recorded Investment	34	0
Consumer Mortgages [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Credit Cards [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Other Retail Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1	0
Recorded Investment	81	0
Investment Properties [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	1
Recorded Investment	0	186
1-4 Family Properties [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Land Acquisition [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	1
Recorded Investment	0	186
Commercial, Financial and Agricultural [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	1
Recorded Investment	0	522
Owner-Occupied [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	0	1
Recorded Investment	0	522
Retail [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	2	0
Recorded Investment	$ 115	$ 0

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Restructuring Charges (Schedule Of Restructuring And Related Costs) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Restructuring Charges [Abstract]
Severance charges	$ 0	$ 8,047
Gain on sale of assets held for sale, net	(157)	0
Professional fees and other charges	50	530
Total restructuring charges, net	$ (107)	$ 8,577

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income, Before-tax Amount	$ 85,812	$ 77,024
Net income, Tax (Expense) Benefit	(31,849)	(28,608)
Net income	53,963	48,416
Reclassification adjustment for losses realized in net income, Before-tax Amount	112	112
Reclassification adjustment for losses realized in net income, Tax (Expense) Benefit	(43)	(43)
Reclassification adjustment for losses realized in net income, Net of Tax Amount	(69)	(69)
Net unrealized gains on investment securities available for sale: Before-tax Amount
Reclassification adjustment for net gains realized in net income, Before-tax Amount	(725)	(1,331)
Net unrealized gains arising during the period, Before-tax Amount	15,211	18,843
Net unrealized gains, Before-tax Amount	14,486	17,512
Net unrealized gains on investment securities available for sale: Tax (Expense) Benefit
Reclassification adjustment for net gains realized in net income, Tax (Expense) Benefit	281	513
Net unrealized gains arising during the period, Tax (Expense) Benefit	(5,856)	(7,255)
Net unrealized gains, Tax (Expense) Benefit	(5,575)	(6,742)
Net unrealized gains on investment securities available for sale: Net of Tax Amount
Reclassification adjustment for net gains realized in net income, Net of Tax Amount	(444)	(818)
Net unrealized gains arising during the period, Net of Tax Amount	9,355	11,588
Net unrealized gains, Net of Tax Amount	8,911	10,770
Post-retirement unfunded health benefit: Before-tax Amount
Reclassification adjustment for gains realized in net income, Before-tax Amount	(42)	(72)
Post-retirement unfunded health benefit: Tax (Expense) Benefit
Reclassification adjustment for gains realized in net income, Tax (Expense) Benefit	16	28
Post-retirement unfunded health benefit: Net of Tax Amount
Reclassification adjustment for gains realized in net income, Net of Tax Amount	(26)	(44)
Other comprehensive income, Before-tax Amount	14,556	17,552
Other comprehensive income, Tax (Expense) Benefit	(5,602)	(6,757)
Other comprehensive income, Net of Tax Amount	8,954	10,795
Comprehensive income, Net of Tax Amount	$ 62,917	$ 59,211

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Share Repurchase Program

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Share Repurchase Program

Note 2 - Share Repurchase Program

On October 21, 2014, Synovus announced a $250 million share repurchase program, which will expire on October 23, 2015. As of March 31, 2015, Synovus had repurchased a total of $147.2 million or 5.6 million shares of common stock under the share repurchase program through a combination of share repurchases under the accelerated share repurchase (ASR) agreement described below and open market transactions.

During October 2014, Synovus entered into an ASR agreement to purchase $75.0 million of Synovus common stock under the share repurchase program. As of December 31, 2014, Synovus had repurchased 2,510,460 shares under the ASR agreement. During January 2015, Synovus repurchased 391,612 shares upon completion of the ASR agreement. Additionally, since October 2014 through March 31, 2015, Synovus has repurchased $72.2 million or 2,683,755 shares of common stock through open market transactions including $59.1 million or 2,179,986 shares of common stock repurchased during the first quarter of 2015.

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Fair Value Accounting (Assets Measured at Fair Value on Nonrecurring Basis) (Details) (Fair Value, Measurements, Nonrecurring [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value adjustment	$ 1,045	$ 2,655
Other Loans Held for Sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value adjustment	0	303
Other Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value adjustment	$ 6,681	$ 2,637

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Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)

The following table illustrates activity within the balances in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2015 and 2014.

Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)
(in thousands)	Net unrealized gains (losses) on cash flow hedges			Net unrealized gains (losses) on investment securities available for sale		Post-retirement unfunded health benefit		Total
Balance as of December 31, 2013	$	(13,099	)	(28,936	)	777		(41,258	)
Other comprehensive income before reclassifications	—			11,588		—		11,588
Amounts reclassified from accumulated other comprehensive income (loss)	69			(818	)	(44	)	(793	)
Net current period other comprehensive income	69			10,770		(44	)	10,795
Balance as of March 31, 2014	$	(13,030	)	(18,166	)	733		(30,463	)
Balance as of December 31, 2014	$	(12,824	)	(713	)	932		(12,605	)
Other comprehensive income before reclassifications	—			9,355		—		9,355
Amounts reclassified from accumulated other comprehensive income (loss)	69			(444	)	(26	)	(401	)
Net current period other comprehensive income	69			8,911		(26	)	8,954
Balance as of March 31, 2015	$	(12,755	)	8,198		906		(3,651	)

Schedule of Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following table illustrates activity within the reclassifications out of accumulated other comprehensive income (loss), for the three months ended March 31, 2015 and 2014.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)
Details About Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)					Affected Line Item in the Statement Where Net Income is Presented
	For the Three Months Ended March 31,
	2015			2014
Net unrealized gains (losses) on cash flow hedges:
Amortization of deferred losses	$	(112	)	(112	)	Interest expense
	43			43		Income tax (expense) benefit
	$	(69	)	(69	)	Reclassifications, net of income taxes
Net unrealized gains (losses) on investment securities available for sale:
Realized gain on sale of securities	$	725		1,331		Investment securities gains, net
	(281		)	(513	)	Income tax (expense) benefit
	$	444		818		Reclassifications, net of income taxes
Post-retirement unfunded health benefit:
Amortization of actuarial gains	$	42		72		Salaries and other personnel expense
	(16		)	(28	)	Income tax (expense) benefit
	$	26		44		Reclassifications, net of income taxes

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Investment Securities (Amortized Cost And Estimated Fair Value By Contractual Maturity Of Investment Securities Available For Sale) (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	$ 18,663
1 to 5 Years, Amortized Cost	121,237
5 to 10 Years, Amortized Cost	1,820,110
More Than 10 years, Amortized Cost	1,129,690
No Stated Maturity, Amortized Cost	5,360
Total, Amortized Cost	3,095,060
Within One Year, Fair Value	18,672
1 to 5 Years, Fair Value	122,900
5 to 10 Years, Fair Value	1,829,164
More Than 10 years, Fair Value	1,150,059
No Stated Maturity, Fair Value	9,246
Total, Fair Value	3,130,041
U.S. Treasury Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	18,286
1 to 5 Years, Amortized Cost	24,853
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	0
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	43,139
Within One Year, Fair Value	18,286
1 to 5 Years, Fair Value	25,332
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	0
No Stated Maturity, Fair Value	0
Total, Fair Value	43,618
U.S. Government Agency Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	78
1 to 5 Years, Amortized Cost	12,001
5 to 10 Years, Amortized Cost	12,436
More Than 10 years, Amortized Cost	0
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	24,515
Within One Year, Fair Value	80
1 to 5 Years, Fair Value	12,412
5 to 10 Years, Fair Value	13,003
More Than 10 years, Fair Value	0
No Stated Maturity, Fair Value	0
Total, Fair Value	25,495
Securities Issued By U.S. Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	0
1 to 5 Years, Amortized Cost	81,115
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	0
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	81,115
Within One Year, Fair Value	0
1 to 5 Years, Fair Value	81,779
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	0
No Stated Maturity, Fair Value	0
Total, Fair Value	81,779
Mortgage-Backed Securities Issued By U.S. Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	0
1 to 5 Years, Amortized Cost	0
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	169,098
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	169,098
Within One Year, Fair Value	0
1 to 5 Years, Fair Value	0
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	171,865
No Stated Maturity, Fair Value	0
Total, Fair Value	171,865
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	134
1 to 5 Years, Amortized Cost	1,201
5 to 10 Years, Amortized Cost	1,792,674
More Than 10 years, Amortized Cost	392,370
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	2,186,379
Within One Year, Fair Value	140
1 to 5 Years, Fair Value	1,271
5 to 10 Years, Fair Value	1,801,124
More Than 10 years, Fair Value	405,134
No Stated Maturity, Fair Value	0
Total, Fair Value	2,207,669
Collateralized Mortgage-Backed Securities Issued By U.S. Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	0
1 to 5 Years, Amortized Cost	0
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	563,513
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	563,513
Within One Year, Fair Value	0
1 to 5 Years, Fair Value	0
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	568,571
No Stated Maturity, Fair Value	0
Total, Fair Value	568,571
State And Municipal Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	165
1 to 5 Years, Amortized Cost	2,067
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	2,709
No Stated Maturity, Amortized Cost	0
Total, Amortized Cost	4,941
Within One Year, Fair Value	166
1 to 5 Years, Fair Value	2,106
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	2,836
No Stated Maturity, Fair Value	0
Total, Fair Value	5,108
Securities With No Stated Maturity (Equity Securities) [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	0
1 to 5 Years, Amortized Cost	0
5 to 10 Years, Amortized Cost	0
More Than 10 years, Amortized Cost	0
No Stated Maturity, Amortized Cost	3,228
Total, Amortized Cost	3,228
Within One Year, Fair Value	0
1 to 5 Years, Fair Value	0
5 to 10 Years, Fair Value	0
More Than 10 years, Fair Value	0
No Stated Maturity, Fair Value	7,173
Total, Fair Value	7,173
Other Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One year, Amortized Cost	0
1 to 5 Years, Amortized Cost	0
5 to 10 Years, Amortized Cost	15,000
More Than 10 years, Amortized Cost	2,000
No Stated Maturity, Amortized Cost	2,132
Total, Amortized Cost	19,132
Within One Year, Fair Value	0
1 to 5 Years, Fair Value	0
5 to 10 Years, Fair Value	15,037
More Than 10 years, Fair Value	1,653
No Stated Maturity, Fair Value	2,073
Total, Fair Value	$ 18,763

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Net Income Per Common Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Net Income Per Common Share

Note 12 - Net Income Per Common Share

The following table displays a reconciliation of the information used in calculating basic and diluted earnings per common share for the three months ended March 31, 2015 and 2014.

	Three Months Ended March 31,
(in thousands, except per share data)	2015		2014
Basic Net Income Per Common Share:
Net income available to common shareholders	$	51,404	45,857
Weighted average common shares outstanding	134,933		138,932
Net income per common share, basic	0.38		0.33
Diluted Net Income Per Common Share:
Net income available to common shareholders	51,404		45,857
Weighted average common shares outstanding	134,933		138,932
Potentially dilutive shares from assumed exercise of securities or other contracts to purchase common stock	811		572
Weighted average diluted common shares	135,744		139,504
Net income per common share, diluted	0.38		0.33

A reverse stock split became effective on May 16, 2014, and Synovus' shares of common stock began trading on a post-split basis on the NYSE at the opening of trading on May 19, 2014. Share and per share amounts for prior periods included in this Report have been adjusted to reflect the one-for-seven reverse stock split.  

Basic net income per common share is computed by dividing net income by the average common shares outstanding for the period. Diluted net income per common share reflects the dilution that could occur if securities or other contracts to issue common stock were exercised or converted. The dilutive effect of outstanding options and restricted share units is reflected in diluted net income per common share, unless the impact is anti-dilutive, by application of the treasury stock method.

As of March 31, 2015 and 2014, there were 3.1 million and 3.5 million, respectively, potentially dilutive shares related to common stock options and Warrants to purchase shares of common stock that were outstanding during 2015 and 2014, but were not included in the computation of diluted net income per common share because the effect would have been anti-dilutive.