Loans (Tables)

3 Months Ended

Mar. 31, 2018

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Schedule Of Loans By Portfolio Segment

The following table provides the balance of loans, net of unearned income, by portfolio segment as of March 31, 2018 and December 31, 2017:

	March 31		December 31
(Dollars in thousands)	2018		2017
Commercial:
Commercial, financial, and industrial	$	15,828,308	$	16,057,273
Commercial real estate	4,234,435		4,214,695
Consumer:
Consumer real estate (a)	6,246,552		6,367,755
Permanent mortgage	379,688		399,307
Credit card & other	560,810		619,899
Loans, net of unearned income	$	27,249,793	$	27,658,929
Allowance for loan losses	187,194		189,555
Total net loans	$	27,062,599	$	27,469,374

(a) Balances as of March 31, 2018 and December 31, 2017, include $21.3 million and $24.2 million of restricted real estate loans, respectively. See Note 13—Variable Interest Entities for additional information.

Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Movement Schedule Rollforward

The following table presents a rollforward of the accretable yield for the three months ended March 31, 2018 and 2017:

	Three Months Ended March 31
(Dollars in thousands)	2018			2017
Balance, beginning of period	$	15,623		$	6,871
Addition	—			—
Accretion	(2,137		)	(851		)
Adjustment for payoffs	(612		)	(273		)
Adjustment for charge-offs	(551		)	—
Adjustment for pool excess recovery (a)	—			(222		)
Increase/(decrease) in accretable yield (b)	3,178			(295		)
Other	(178		)	(32		)
Balance, end of period	$	15,323		$	5,198

(a) Represents the removal of accretable difference for the remaining loans in a pool which is now in a recovery state.

(b) Includes changes in the accretable yield due to both transfers from the nonaccretable difference and the impact of changes in the expected timing and amounts of the cash flows.

Schedule Of Acquired Purchase Credit Impaired Loans By Portfolio Segment

The following table reflects the outstanding principal balance and carrying amounts of the acquired PCI loans as of March 31, 2018 and December 31, 2017:

	March 31, 2018				December 31, 2017
(Dollars in thousands)	Carrying value		Unpaid balance		Carrying value		Unpaid balance
Commercial, financial and industrial	$	79,575	$	89,462	$	96,598	$	109,280
Commercial real estate	30,950		35,879		36,107		41,488
Consumer real estate	35,820		39,995		38,176		42,568
Credit card and other	3,907		4,335		5,500		6,351
Total	$	150,252	$	169,671	$	176,381	$	199,687

Certain previously reported amounts have been reclassified to agree with current presentation.

Information By Class Related To Individually Impaired Loans

The following tables provide information at March 31, 2018 and December 31, 2017, by class related to individually impaired loans and consumer TDRs, regardless of accrual status. Recorded investment is defined as the amount of the investment in a loan, excluding any valuation allowance but including any direct write-down of the investment. For purposes of this disclosure, PCI loans and the TRUPs valuation allowance have been excluded.

	March 31, 2018						December 31, 2017
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
Impaired loans with no related allowance recorded:
Commercial:
General C&I	$	23,725	$	33,797	$	—	$	8,183	$	17,372	$	—
Income CRE	1,582		1,582		—		—		—		—
Residential CRE	495		963		—		—		—		—
Total	$	25,802	$	36,342	$	—	$	8,183	$	17,372	$	—
Consumer:
HELOC (a)	$	9,256	$	18,143	$	—	$	9,258	$	19,193	$	—
R/E installment loans (a)	3,735		4,304		—		4,093		4,663		—
Permanent mortgage (a)	5,302		7,897		—		5,132		7,688		—
Total	$	18,293	$	30,344	$	—	$	18,483	$	31,544	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I	$	14,007	$	20,145	$	3,630	$	31,774	$	38,256	$	5,119
TRUPS	3,026		3,700		925		3,067		3,700		925
Income CRE	—		—		—		1,612		1,612		49
Residential CRE	—		—		—		795		1,263		83
Total	$	17,033	$	23,845	$	4,555	$	37,248	$	44,831	$	6,176
Consumer:
HELOC	$	70,839	$	73,605	$	13,571	$	72,469	$	75,207	$	14,382
R/E installment loans	41,145		41,898		9,478		43,075		43,827		8,793
Permanent mortgage	75,788		86,850		11,311		79,662		90,934		12,105
Credit card & other	702		702		359		593		593		311
Total	$	188,474	$	203,055	$	34,719	$	195,799	$	210,561	$	35,591
Total commercial	$	42,835	$	60,187	$	4,555	$	45,431	$	62,203	$	6,176
Total consumer	$	206,767	$	233,399	$	34,719	$	214,282	$	242,105	$	35,591
Total impaired loans	$	249,602	$	293,586	$	39,274	$	259,713	$	304,308	$	41,767

(a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance.

	Three Months Ended March 31
	2018				2017
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance recorded:
Commercial:
General C&I	$	15,954	$	175	$	10,407	$	—
Income CRE	791		12		—		—
Residential CRE	248		—		—		—
Total	$	16,993	$	187	$	10,407	$	—
Consumer:
HELOC (a)	$	9,257	$	—	$	11,054	$	—
R/E installment loans (a)	3,914		—		3,937		—
Permanent mortgage (a)	5,217		—		5,557		—
Total	$	18,388	$	—	$	20,548	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I	$	22,891	$	—	$	32,863	$	215
TRUPS	3,047		—		3,196		—
Income CRE	806		—		1,817		14
Residential CRE	398		—		1,293		5
Total	$	27,142	$	—	$	39,169	$	234
Consumer:
HELOC	$	71,654	$	577	$	83,075	$	564
R/E installment loans	42,110		267		51,902		318
Permanent mortgage	77,725		578		85,778		615
Credit card & other	648		3		288		2
Total	$	192,137	$	1,425	$	221,043	$	1,499
Total commercial	$	44,135	$	187	$	49,576	$	234
Total consumer	$	210,525	$	1,425	$	241,591	$	1,499
Total impaired loans	$	254,660	$	1,612	$	291,167	$	1,733

(a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance.

Balances Of Commercial Loan Portfolio Classes, Disaggregated By PD Grade

The following tables provide the balances of commercial loan portfolio classes with associated allowance, disaggregated by PD grade as of March 31, 2018 and December 31, 2017:

	March 31, 2018
(Dollars in thousands)	General C&I		Loans to Mortgage Companies		TRUPS (a)		Income CRE		Residential CRE		Total		Percentage of Total		Allowance for Loan Losses
PD Grade:
1	$	545,484	$	—	$	—	$	2,222	$	—	$	547,706	3	%	$	65
2	834,975		—		—		10,885		44		845,904		4		270
3	622,790		447,007		—		222,179		175		1,292,151		6		247
4	879,672		523,519		—		333,962		—		1,737,153		9		732
5	1,650,506		320,248		—		424,334		1,027		2,396,115		12		8,100
6	1,627,095		340,287		—		469,570		2,995		2,439,947		12		10,254
7	2,302,232		57,103		—		457,280		9,592		2,826,207		14		13,839
8	1,057,573		26,144		—		246,274		6,054		1,336,045		7		21,037
9	2,614,872		70,245		—		1,698,234		67,777		4,451,128		22		13,946
10	341,763		—		—		39,370		5,552		386,685		2		7,644
11	250,720		—		—		30,871		590		282,181		1		6,803
12	407,146		—		—		118,478		7,587		533,211		3		6,817
13	233,421		—		303,848		35,938		12		573,219		3		7,683
14,15,16	249,245		—		—		9,406		812		259,463		1		25,035
Collectively evaluated for impairment	13,617,494		1,784,553		303,848		4,099,003		102,217		19,907,115		99		122,472
Individually evaluated for impairment	37,732		—		3,026		1,582		495		42,835		—		4,555
Purchased credit-impaired loans	81,655		—		—		26,840		4,298		112,793		1		2,268
Total commercial loans	$	13,736,881	$	1,784,553	$	306,874	$	4,127,425	$	107,010	$	20,062,743	100	%	$	129,295

	December 31, 2017
(Dollars in thousands)	General C&I		Loans to Mortgage Companies		TRUPS (a)		Income CRE		Residential CRE		Total		Percentage of Total		Allowance for Loan Losses
PD Grade:
1	$	536,244	$	—	$	—	$	2,500	$	—	$	538,744	3	%	$	70
2	877,635		—		—		1,798		69		879,502		4		339
3	582,224		652,982		—		210,073		40		1,445,319		7		272
4	959,581		629,432		—		309,699		—		1,898,712		9		854
5	1,461,632		328,477		—		415,764		2,474		2,208,347		11		7,355
6	1,668,247		335,169		—		456,706		3,179		2,463,301		12		10,495
7	2,257,400		47,720		—		554,590		9,720		2,869,430		14		13,490
8	1,092,994		35,266		—		241,938		6,454		1,376,652		7		21,831
9	2,633,854		70,915		—		1,630,176		61,475		4,396,420		22		9,804
10	373,537		—		—		43,297		4,590		421,424		2		8,808
11	226,382		—		—		31,785		2,936		261,103		1		6,784
12	409,838		—		—		156,717		6,811		573,366		3		5,882
13	202,613		—		303,848		15,707		268		522,436		3		7,265
14,15,16	228,852		—		—		6,587		823		236,262		1		24,400
Collectively evaluated for impairment	13,511,033		2,099,961		303,848		4,077,337		98,839		20,091,018		99		117,649
Individually evaluated for impairment	39,957		—		3,067		1,612		795		45,431		—		6,176
Purchased credit-impaired loans	99,407		—		—		31,615		4,497		135,519		1		2,813
Total commercial loans	$	13,650,397	$	2,099,961	$	306,915	$	4,110,564	$	104,131	$	20,271,968	100	%	$	126,638

Certain previously reported amounts have been reclassified to agree with current presentation.

(a) Balances as of March 31, 2018 and December 31, 2017, presented net of a $25.5 million valuation allowance. Based on the underlying structure of the notes, the highest possible internal grade is “13”.

Loans by FICO Score, Consumer

The following table reflects the percentage of balances outstanding by average, refreshed FICO scores for the HELOC, real estate installment, and permanent mortgage classes of loans as of March 31, 2018 and December 31, 2017:

	March 31, 2018						December 31, 2017
	HELOC		R/E Installment Loans		Permanent Mortgage		HELOC		R/E Installment Loans		Permanent Mortgage
FICO score 740 or greater	60.8	%	73.5	%	50.3	%	60.0	%	73.1	%	46.4	%
FICO score 720-739	8.7		7.7		10.1		8.7		8.0		12.8
FICO score 700-719	7.7		6.0		7.8		8.3		6.4		9.2
FICO score 660-699	11.3		7.6		14.2		11.1		7.2		14.8
FICO score 620-659	4.9		2.8		7.3		4.9		2.8		7.3
FICO score less than 620 (a)	6.6		2.4		10.3		7.0		2.5		9.5
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

(a) For this group, a majority of the loan balances had FICO scores at the time of the origination that exceeded 620 but have since deteriorated as the loans have seasoned.

Accruing And Non-Accruing Loans By Class

The following table reflects accruing and non-accruing loans by class on March 31, 2018:

	Accruing								Non-Accruing
(Dollars in thousands)	Current		30-89 Days Past Due		90+ Days Past Due		Total Accruing		Current		30-89 Days Past Due		90+ Days Past Due		Total Non- Accruing		Total Loans
Commercial (C&I):
General C&I	$	13,623,214	$	6,665	$	96	$	13,629,975	$	1,372	$	199	$	23,680	$	25,251	$	13,655,226
Loans to mortgage companies	1,784,553		—		—		1,784,553		—		—		—		—		1,784,553
TRUPS (a)	303,848		—		—		303,848		—		—		3,026		3,026		306,874
Purchased credit-impaired loans	63,813		1,439		16,403		81,655		—		—		—		—		81,655
Total commercial (C&I)	15,775,428		8,104		16,499		15,800,031		1,372		199		26,706		28,277		15,828,308
Commercial real estate:
Income CRE	4,100,117		—		—		4,100,117		49		—		419		468		4,100,585
Residential CRE	102,133		—		—		102,133		84		—		495		579		102,712
Purchased credit-impaired loans	27,564		644		2,930		31,138		—		—		—		—		31,138
Total commercial real estate	4,229,814		644		2,930		4,233,388		133		—		914		1,047		4,234,435
Consumer real estate:
HELOC	1,652,590		11,275		9,538		1,673,403		44,875		3,889		8,504		57,268		1,730,671
R/E installment loans	4,447,195		7,668		5,750		4,460,613		15,184		1,732		2,257		19,173		4,479,786
Purchased credit-impaired loans	34,652		757		686		36,095		—		—		—		—		36,095
Total consumer real estate	6,134,437		19,700		15,974		6,170,111		60,059		5,621		10,761		76,441		6,246,552
Permanent mortgage	344,450		3,695		6,309		354,454		13,081		1,380		10,773		25,234		379,688
Credit card & other:
Credit card	184,485		1,166		1,120		186,771		—		—		—		—		186,771
Other	367,230		1,798		60		369,088		616		10		406		1,032		370,120
Purchased credit-impaired loans	2,566		808		545		3,919		—		—		—		—		3,919
Total credit card & other	554,281		3,772		1,725		559,778		616		10		406		1,032		560,810
Total loans, net of unearned income	$	27,038,410	$	35,915	$	43,437	$	27,117,762	$	75,261	$	7,210	$	49,560	$	132,031	$	27,249,793

(a) TRUPS is presented net of the valuation allowance of $25.5 million.

The following table reflects accruing and non-accruing loans by class on December 31, 2017:

	Accruing								Non-Accruing
(Dollars in thousands)	Current		30-89 Days Past Due		90+ Days Past Due		Total Accruing		Current		30-89 Days Past Due		90+ Days Past Due		Total Non- Accruing		Total Loans
Commercial (C&I):
General C&I	$	13,514,752	$	8,057	$	95	$	13,522,904	$	1,761	$	7,019	$	19,306	$	28,086	$	13,550,990
Loans to mortgage companies	2,099,961		—		—		2,099,961		—		—		—		—		2,099,961
TRUPS (a)	303,848		—		—		303,848		—		—		3,067		3,067		306,915
Purchased credit-impaired loans	77,843		2,207		19,357		99,407		—		—		—		—		99,407
Total commercial (C&I)	15,996,404		10,264		19,452		16,026,120		1,761		7,019		22,373		31,153		16,057,273
Commercial real estate:
Income CRE	4,077,106		1,240		—		4,078,346		56		—		546		602		4,078,948
Residential CRE	98,844		—		—		98,844		—		—		791		791		99,635
Purchased credit-impaired loans	31,173		2,686		2,253		36,112		—		—		—		—		36,112
Total commercial real estate	4,207,123		3,926		2,253		4,213,302		56		—		1,337		1,393		4,214,695
Consumer real estate:
HELOC	1,743,776		17,744		9,702		1,771,222		40,508		3,626		8,354		52,488		1,823,710
R/E installment loans	4,475,669		7,274		3,573		4,486,516		14,439		1,957		2,603		18,999		4,505,515
Purchased credit-impaired loans	35,356		2,016		1,158		38,530		—		—		—		—		38,530
Total consumer real estate	6,254,801		27,034		14,433		6,296,268		54,947		5,583		10,957		71,487		6,367,755
Permanent mortgage	365,527		3,930		3,460		372,917		13,245		1,052		12,093		26,390		399,307
Credit card & other:
Credit card	193,940		1,371		1,053		196,364		—		—		—		—		196,364
Other	415,070		2,666		103		417,839		31		—		165		196		418,035
Purchased credit-impaired loans	2,993		1,693		814		5,500		—		—		—		—		5,500
Total credit card & other	612,003		5,730		1,970		619,703		31		—		165		196		619,899
Total loans, net of unearned income	$	27,435,858	$	50,884	$	41,568	$	27,528,310	$	70,040	$	13,654	$	46,925	$	130,619	$	27,658,929

Certain previously reported amounts have been reclassified to agree with current presentation.

(a) TRUPS is presented net of the valuation allowance of $25.5 million.

Schedule Of Troubled Debt Restructurings Occurring During The Year

The following tables reflect portfolio loans that were classified as TDRs during the three months ended March 31, 2018 and 2017:

	March 31, 2018					March 31, 2017
(Dollars in thousands)	Number	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Commercial (C&I):
General C&I	5	$	1,504	$	1,214	1	$	27	$	37
Total commercial (C&I)	5	1,504		1,214		1	27		37
Consumer real estate:
HELOC	30	2,760		2,733		35	2,589		2,473
R/E installment loans	5	611		612		14	957		902
Total consumer real estate	35	3,371		3,345		49	3,546		3,375
Permanent mortgage	1	275		273		5	1,310		1,303
Credit card & other	41	210		197		6	21		20
Total troubled debt restructurings	82	$	5,360	$	5,029	61	$	4,904	$	4,735

Schedule Of Troubled Debt Restructurings Within The Previous 12 Months

The following tables present TDRs which re-defaulted during the three months ended March 31, 2018 and 2017, and as to which the modification occurred 12 months or less prior to the re-default. For purposes of this disclosure, FHN generally defines payment default as 30 or more days past due.

	March 31, 2018			March 31, 2017
(Dollars in thousands)	Number	Recorded Investment		Number	Recorded Investment
Commercial (C&I):
General C&I	—	$	—	1	$	5,779
Total commercial (C&I)	—	—		1	5,779
Consumer real estate:
HELOC	2	69		4	685
Total consumer real estate	2	69		4	685
Permanent mortgage	1	112		—	—
Credit card & other	14	81		2	7
Total troubled debt restructurings	17	$	262	7	$	6,471