Loans (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Schedule Of Loans By Portfolio Segment

The following table provides the balance of loans, net of unearned income, by portfolio segment as of September 30, 2018 and December 31, 2017:

	September 30		December 31
(Dollars in thousands)	2018		2017
Commercial:
Commercial, financial, and industrial	$	16,044,145	$	16,057,273
Commercial real estate	4,237,036		4,214,695
Consumer:
Consumer real estate (a)	6,191,183		6,367,755
Permanent mortgage	347,054		399,307
Credit card & other	530,796		619,899
Loans, net of unearned income	$	27,350,214	$	27,658,929
Allowance for loan losses	185,959		189,555
Total net loans	$	27,164,255	$	27,469,374

(a) Balances as of September 30, 2018 and December 31, 2017, include $17.1 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 and nine months ended September 30, 2018 and 2017:

	Three Months Ended September 30						Nine Months Ended September 30
(Dollars in thousands)	2018			2017			2018			2017
Balance, beginning of period	$	14,474		$	4,045		$	15,623		$	6,871
Accretion	(2,183		)	(642		)	(6,927		)	(2,412		)
Adjustment for payoffs	(840		)	(198		)	(2,559		)	(1,232		)
Adjustment for charge-offs	(122		)	—			(1,046		)	—
Adjustment for pool excess recovery (a)	(123		)	—			(123		)	(222		)
Increase/(decrease) in accretable yield (b)	4,062			(2		)	10,721			112
Disposals	—			—			(240		)	—
Other	—			—			(181		)	86
Balance, end of period	$	15,268		$	3,203		$	15,268		$	3,203

(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 September 30, 2018 and December 31, 2017:

	September 30, 2018				December 31, 2017
(Dollars in thousands)	Carrying value		Unpaid balance		Carrying value		Unpaid balance
Commercial, financial and industrial	$	47,841	$	53,265	$	96,598	$	109,280
Commercial real estate	23,174		26,970		36,107		41,488
Consumer real estate	33,203		37,900		38,176		42,568
Credit card and other	2,229		2,545		5,500		6,351
Total	$	106,447	$	120,680	$	176,381	$	199,687

Information By Class Related To Individually Impaired Loans

The following tables provide information at September 30, 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.

	September 30, 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	$	21,555	$	21,910	$	—	$	8,183	$	17,372	$	—
Income CRE	1,611		1,611		—		—		—		—
Residential CRE	495		963		—		—		—		—
Total	$	23,661	$	24,484	$	—	$	8,183	$	17,372	$	—
Consumer:
HELOC (a)	$	7,874	$	15,869	$	—	$	9,258	$	19,193	$	—
R/E installment loans (a)	5,891		6,518		—		4,093		4,663		—
Permanent mortgage (a)	3,703		6,043		—		5,132		7,688		—
Total	$	17,468	$	28,430	$	—	$	18,483	$	31,544	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I	$	29,058	$	29,058	$	5,103	$	31,774	$	38,256	$	5,119
TRUPs	2,936		3,700		925		3,067		3,700		925
Income CRE	397		397		—		1,612		1,612		49
Residential CRE	—		—		—		795		1,263		83
Total	$	32,391	$	33,155	$	6,028	$	37,248	$	44,831	$	6,176
Consumer:
HELOC	$	67,086	$	70,168	$	11,136	$	72,469	$	75,207	$	14,382
R/E installment loans	38,878		39,581		6,940		43,075		43,827		8,793
Permanent mortgage	71,130		81,971		9,996		79,662		90,934		12,105
Credit card & other	552		552		293		593		593		311
Total	$	177,646	$	192,272	$	28,365	$	195,799	$	210,561	$	35,591
Total commercial	$	56,052	$	57,639	$	6,028	$	45,431	$	62,203	$	6,176
Total consumer	$	195,114	$	220,702	$	28,365	$	214,282	$	242,105	$	35,591
Total impaired loans	$	251,166	$	278,341	$	34,393	$	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 September 30								Nine months ended September 30
	2018				2017				2018				2017
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance recorded:
Commercial:
General C&I	$	23,740	$	203	$	5,771	$	—	$	21,506	$	561	$	8,706	$	—
Income CRE	1,680		12		—		—		1,379		37		—		—
Residential CRE	500		—		—		—		416		—		—		—
Total	$	25,920	$	215	$	5,771	$	—	$	23,301	$	598	$	8,706	$	—
Consumer:
HELOC (a)	$	8,343	$	—	$	10,225	$	—	$	8,878	$	—	$	10,536	$	—
R/E installment loans (a)	4,631		—		4,182		—		4,032		—		4,014		—
Permanent mortgage (a)	3,949		—		5,693		—		4,638		—		5,701		—
Total	$	16,923	$	—	$	20,100	$	—	$	17,548	$	—	$	20,251	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I	$	16,375	$	—	$	26,144	$	193	$	16,038	$	—	$	29,136	$	597
TRUPs	2,960		—		3,117		—		3,004		—		3,157		—
Income CRE	199		5		1,628		11		335		5		1,737		39
Residential CRE	—		—		1,044		—		133		—		1,210		10
Total	$	19,534	$	5	$	31,933	$	204	$	19,510	$	5	$	35,240	$	646
Consumer:
HELOC	$	68,913	$	556	$	74,894	$	554	$	70,452	$	1,711	$	78,859	$	1,695
R/E installment loans	39,147		246		47,628		315		40,512		764		49,634		950
Permanent mortgage	71,898		585		79,305		616		74,617		1,737		82,186		1,805
Credit card & other	578		3		452		3		626		9		351		8
Total	$	180,536	$	1,390	$	202,279	$	1,488	$	186,207	$	4,221	$	211,030	$	4,458
Total commercial	$	45,454	$	220	$	37,704	$	204	$	42,811	$	603	$	43,946	$	646
Total consumer	$	197,459	$	1,390	$	222,379	$	1,488	$	203,755	$	4,221	$	231,281	$	4,458
Total impaired loans	$	242,913	$	1,610	$	260,083	$	1,692	$	246,566	$	4,824	$	275,227	$	5,104

(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 September 30, 2018 and December 31, 2017:

	September 30, 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	$	600,373	$	—	$	—	$	418	$	—	$	600,791	3	%	$	64
2	840,685		—		—		2,815		37		843,537		4		261
3	730,939		639,378		—		218,170		82		1,588,569		8		242
4	909,454		456,311		—		543,486		121		1,909,372		9		594
5	1,879,972		257,625		36,620		689,740		8,334		2,872,291		14		8,677
6	1,578,359		450,207		90,297		604,757		36,743		2,760,363		14		8,269
7	2,390,220		98,832		52,927		505,988		16,990		3,064,957		15		15,154
8	1,202,328		84,915		4,068		235,595		15,487		1,542,393		7		20,265
9	1,974,390		105,098		45,117		978,148		75,336		3,178,089		15		20,617
10	459,567		—		18,536		45,560		4,266		527,929		3		9,156
11	283,724		—		—		52,546		396		336,666		2		8,033
12	275,015		—		—		100,868		5,759		381,642		2		6,636
13	288,183		—		5,786		58,840		73		352,882		2		10,711
14,15,16	181,927		—		—		9,986		796		192,709		1		17,596
Collectively evaluated for impairment	13,595,136		2,092,366		253,351		4,046,917		164,420		20,152,190		99		126,275
Individually evaluated for impairment	50,613		—		2,936		2,008		495		56,052		—		6,028
Purchased credit-impaired loans	49,743		—		—		19,573		3,623		72,939		1		1,926
Total commercial loans	$	13,695,492	$	2,092,366	$	256,287	$	4,068,498	$	168,538	$	20,281,181	100	%	$	134,229

(a) Balances presented net of a $20.5 million valuation allowance. Based on the underlying structure of the notes, the highest possible internal grade was “13” prior to second quarter 2018. In second quarter 2018, this portfolio was re-graded to align with the scorecard grading methodologies which resulted in upgrades to a majority of this portfolio. In 3Q18, FHN sold $55.5 million of TRUPs loans with a $5.0 million valuation allowance. Upon sale, a gain of $3.8 million was recognized in the Non-Strategic segment within Fixed Income in the Consolidated Condensed Statement of Income.

	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

(a) Balances presented net of a $25.5 million valuation allowance. Based on the underlying structure of the notes, the highest possible internal grade was “13” prior to second quarter 2018. In second quarter 2018, this portfolio was re-graded to align with the scorecard grading methodologies which resulted in upgrades to a majority of this portfolio.

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 September 30, 2018 and December 31, 2017:

	September 30, 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	%	71.1	%	51.2	%	60.0	%	73.1	%	46.4	%
FICO score 720-739	8.5		9.0		8.5		8.7		8.0		12.8
FICO score 700-719	8.1		6.6		9.0		8.3		6.4		9.2
FICO score 660-699	10.9		8.0		15.9		11.1		7.2		14.8
FICO score 620-659	5.2		2.8		6.5		4.9		2.8		7.3
FICO score less than 620 (a)	6.5		2.5		8.9		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 September 30, 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	$	13,597,235	$	9,202	$	124	$	13,606,561	$	25,713	$	1,284	$	12,191	$	39,188	$	13,645,749
Loans to mortgage companies	2,092,366		—		—		2,092,366		—		—		—		—		2,092,366
TRUPs (a)	253,351		—		—		253,351		—		—		2,936		2,936		256,287
Purchased credit-impaired loans	35,784		384		13,575		49,743		—		—		—		—		49,743
Total commercial (C&I)	15,978,736		9,586		13,699		16,002,021		25,713		1,284		15,127		42,124		16,044,145
Commercial real estate:
Income CRE	4,041,797		6,652		—		4,048,449		35		37		404		476		4,048,925
Residential CRE	164,338		47		—		164,385		35		—		495		530		164,915
Purchased credit-impaired loans	21,373		1,718		105		23,196		—		—		—		—		23,196
Total commercial real estate	4,227,508		8,417		105		4,236,030		70		37		899		1,006		4,237,036
Consumer real estate:
HELOC	1,495,298		14,582		8,531		1,518,411		48,400		4,038		7,611		60,049		1,578,460
R/E installment loans	4,541,642		8,589		8,008		4,558,239		15,219		2,239		2,692		20,150		4,578,389
Purchased credit-impaired loans	28,475		2,183		3,676		34,334		—		—		—		—		34,334
Total consumer real estate	6,065,415		25,354		20,215		6,110,984		63,619		6,277		10,303		80,199		6,191,183
Permanent mortgage	315,746		4,051		4,935		324,732		12,217		749		9,356		22,322		347,054
Credit card & other:
Credit card	193,681		1,292		1,078		196,051		—		—		—		—		196,051
Other	326,672		4,078		718		331,468		93		78		535		706		332,174
Purchased credit-impaired loans	1,007		835		729		2,571		—		—		—		—		2,571
Total credit card & other	521,360		6,205		2,525		530,090		93		78		535		706		530,796
Total loans, net of unearned income	$	27,108,765	$	53,613	$	41,479	$	27,203,857	$	101,712	$	8,425	$	36,220	$	146,357	$	27,350,214

(a) TRUPs is presented net of the valuation allowance of $20.5 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

(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 and nine months ended September 30, 2018 and 2017:

	Three Months Ended September 30, 2018					Nine Months Ended September 30, 2018
(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	1	$	25,591	$	25,439	9	$	27,639	$	27,190
Total commercial (C&I)	1	25,591		25,439		9	27,639		27,190
Commercial real estate:
Income CRE	1	442		442		4	643		637
Total commercial real estate	1	442		442		4	643		637
Consumer real estate:
HELOC	15	1,057		1,041		79	7,641		7,580
R/E installment loans	62	4,561		4,356		77	5,944		5,738
Total consumer real estate	77	5,618		5,397		156	13,585		13,318
Permanent mortgage	—	—		—		5	709		713
Credit card & other	12	65		59		80	370		350
Total troubled debt restructurings	91	$	31,716	$	31,337	254	$	42,946	$	42,208
	Three Months Ended September 30, 2017					Nine Months Ended September 30, 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	—	$	—	$	—	2	$	842	$	836
Total commercial (C&I)	—	—		—		2	842		836
Consumer real estate:
HELOC	45	4,451		4,396		107	9,333		9,139
R/E installment loans	15	1,630		1,622		43	3,386		3,306
Total consumer real estate	60	6,081		6,018		150	12,719		12,445
Permanent mortgage	2	34		32		11	2,043		2,028
Credit card & other	37	261		251		66	426		411
Total troubled debt restructurings	99	$	6,376	$	6,301	229	$	16,030	$	15,720

Schedule Of Troubled Debt Restructurings Within The Previous 12 Months

The following tables present TDRs which re-defaulted during the three and nine months ended September 30, 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.

	Three Months Ended September 30, 2018			Nine Months Ended September 30, 2018
(Dollars in thousands)	Number	Recorded Investment		Number	Recorded Investment
Commercial (C&I):
General C&I	1	$	321	2	$	579
Total commercial (C&I)	1	321		2	579
Consumer real estate:
HELOC	1	40		5	204
R/E installment loans	—	—		1	25
Total consumer real estate	1	40		6	229
Permanent mortgage	3	294		5	699
Credit card & other	13	56		39	212
Total troubled debt restructurings	18	$	711	52	$	1,719
	Three Months Ended September 30, 2017			Nine Months Ended September 30, 2017
(Dollars in thousands)	Number	Recorded Investment		Number	Recorded Investment
Commercial (C&I):
General C&I	1	$	1,763	4	$	9,770
Total commercial (C&I)	1	1,763		4	9,770
Commercial Real Estate
Income CRE	1	88		1	88
Total Commercial real estate	1	88		1	88
Consumer real estate:
HELOC	—	—		4	685
Total consumer real estate	—	—		4	685
Permanent mortgage	1	89		2	627
Credit card & other	2	12		5	30
Total troubled debt restructurings	5	$	1,952	16	$	11,200