

	March 31		December 31
(Dollars in thousands)	2020		2019
Commercial:
Commercial, financial, and industrial	$	22,124,430	$	20,051,091
Commercial real estate	4,639,692		4,337,017
Consumer:
Consumer real estate (a)	6,119,383		6,177,139
Credit card & other	494,798		495,864
Loans, net of unearned income	$	33,378,303	$	31,061,111
Allowance for loan losses	444,490		200,307
Total net loans	$	32,933,813	$	30,860,804

The loan portfolio is disaggregated into segments and then further disaggregated into classes for certain disclosures. GAAP defines a portfolio segment as the level at which an entity develops and documents a systematic method for determining its allowance for credit losses. A class is generally determined based on the initial measurement attribute (i.e., amortized cost or purchased credit-impaired), risk characteristics of the loan, and FHN’s method for monitoring and assessing credit risk. Commercial loan portfolio segments include commercial, financial and industrial (“C&I”) and commercial real estate ("CRE"). Commercial classes within C&I include general C&I, loans to mortgage companies ("LMC"), the trust preferred loans (“TRUPS”) (i.e. long-term unsecured loans to bank and insurance-related businesses) portfolio and purchased credit-impaired (“PCI”) loans (for periods prior to 2020). Loans to mortgage companies include commercial lines of credit to qualified mortgage companies primarily for the temporary warehousing of eligible mortgage loans prior to the borrower’s sale of those mortgage loans to third party investors. Commercial classes within CRE include income CRE, residential CRE and PCI loans (for periods prior to 2020). Consumer loan portfolio segments include consumer real estate, and the credit card and other portfolio. Consumer classes include home equity lines of credit (“HELOCs”), real estate (“R/E”) installment and PCI loans (for periods prior to 2020) within the consumer real estate segment and credit card and other.

FHN assesses and manages credit risk through a series of policies, processes, measurement systems, and controls. FHN’s credit risk function ensures subject matter experts are providing oversight, support and credit approvals, particularly in the specialty lending areas where industry-specific knowledge is required. Management emphasizes general portfolio servicing such that emerging risks are able to be identified early enough to correct potential deficiencies, prevent further credit deterioration, and mitigate credit losses.

The C&I portfolio is comprised of loans used for general business purposes. Typical products including working capital lines of credit, term loan financing of owner-occupied real estate and fixed assets, and trade credit enhancement through letters of credit. FHN utilizes deal teams comprised of relationship managers (RMs), portfolio managers (PMs), credit analysts and other specialists to identify, mitigate, document, and manage ongoing risk. Their function includes enhanced analytical support during loan origination and servicing, monitoring the financial condition of the borrower, and tracking compliance with loan agreements. FHN strives to identify problem assets early through comprehensive policies and guidelines, targeted portfolio reviews, more frequent servicing on lower rated borrowers, and an emphasis on frequent grading.

To the extent a guarantor/sponsor is used to support a commercial lending decision, FHN analyzes capability to pay, factoring in, among other things, liquidity and direct/indirect cash flows. A strong, legally enforceable guaranty can mitigate the risk of default or loss, justify a less severe rating, and consequently reduce the level of allowance or charge-off that might otherwise be deemed appropriate.

Loans to mortgage companies include commercial lines of credit to qualified mortgage companies primarily for the temporary warehousing of eligible mortgage loans prior to the borrower’s sale of those mortgage loans to third party investors. Approximately 90 percent of the loans to mortgage companies are collateralized with government guaranteed loans. The loans are of short duration with maturities less than one year.

TRUPS loans are long-term unsecured loans to bank and insurance-related businesses. TRUPS lending was originally extended as a form of “bridge” financing to participants in the pooled trust preferred securitization program offered primarily to smaller banking (generally less than $15 billion in total assets) and insurance institutions through FHN’s fixed income business. Origination of TRUPS lending ceased in early 2008. Individual TRUPS are regraded at least quarterly as part of FHN’s commercial loan review process.

Commercial Real Estate loans include financings for commercial construction and nonconstruction loans. The income-producing CRE class contains loans and draws on lines and letters of credit to commercial real estate developers for the construction and mini-permanent financing of income-producing real estate. The residential CRE class includes loans to residential builders and developers for the purpose of constructing single-family homes, condominiums, and town homes and on a limited basis, for developing residential subdivisions. Active residential CRE lending is primarily focused in certain core markets with nearly all new originations made to “strategic” clients. FHN considers a “strategic” residential CRE borrower as a homebuilder who demonstrates the ability to withstand cyclical downturns, maintains active development and investment activities providing for regular financing opportunities, and is fundamentally sound as evidenced by a prudent loan structure, appropriate covenants and recourse, and capable and willing sponsors in markets with positive homebuilding and economic dynamics. The credit administration and ongoing monitoring of these portfolios consists of multiple internal control processes including stressing a borrower’s or project’s financial capacity utilizing numerous attributes such as interest rates, vacancy, and discount rates. Key information captured from the various portfolios is aggregated and utilized to assist with the assessment and adequacy of the ALLL and to steer portfolio management strategies.

The consumer real estate portfolio is primarily comprised of home equity lines and installment loans within FHN’s regional banking segment and jumbo mortgages and one-time-close (“OTC”) completed construction loans in FHN’s non-strategic segment that were originated through pre-2009 mortgage businesses. The corporate segment also includes loans that were previously included in off-balance sheet proprietary securitization trusts that were brought back into the loan portfolios at fair value through the

execution of cleanup calls due to the relatively small balances left in the securitization and should continue to run-off. Generally performance of this portfolio is affected by life events that affect borrowers’ finances, the level of unemployment, and home prices. FHN obtains first lien performance information from third parties and through loss mitigation activities, and places a stand-alone second lien loan on nonaccrual if performance issues with the first lien are discovered.

FHN performs continuous HELOC account review processes in order to identify higher-risk home equity lines and initiate preventative and corrective actions. The reviews consider a number of account activity patterns and characteristics such as the number of times delinquent within recent periods, changes in credit bureaus score since origination, scored degradation, performance of the first lien, and account utilization. In accordance with FHN’s interpretation of regulatory guidance, FHN may block future draws on accounts in order to mitigate risk of loss to FHN.

As discussed in Note 1 - Summary of Significant Accounting Policies, the ALLL estimation process was revised on January 1, 2020 to reflect the adoption of ASU 2016-13. All information contained in the following disclosures reflects the application of requirements from the adoption of ASU 2016-13 for periods after 2019. Information for periods prior to 2020 has been retained with the content consistent with prior disclosures.

FHN has a concentration of residential real estate loans (19 percent of total loans). Loans to finance and insurance companies total $2.8 billion (13 percent of the C&I portfolio, or 8 percent of the total loans). FHN had loans to mortgage companies totaling $5.7 billion (26 percent of the C&I segment, or 17 percent of total loans) as of March 31, 2020. As a result, 39 percent of the C&I segment is sensitive to impacts on the financial services industry.

FHN employs a dual grade commercial risk grading methodology to assign an estimate for the probability of default (“PD”) and the loss given default (“LGD”) for each commercial loan using factors specific to various industry, portfolio, or product segments that result in a rank ordering of risk and the assignment of grades PD 1 to PD 16. This credit grading system is intended to identify and measure the credit quality of the loan portfolio by analyzing the migration of loans between grading categories. PD grades assigned through FHN’s risk rating process are used as a loan level input to inform probability of default forecasts under certain macroeconomic scenarios. Each PD grade corresponds to an estimated one-year default probability percentage; a PD 1 has the lowest expected default

Pass loan grades are required to be reassessed annually or earlier whenever there has been a material change in the financial condition of the borrower or risk characteristics of the relationship. All commercial loans over $1 million and certain commercial loans over $500,000 that are graded 13 or worse are reassessed on a quarterly basis. Loan grading discipline is regularly reviewed internally by Credit

Assurance Services to determine if the process continues to result in accurate loan grading across the portfolio. FHN may utilize availability of guarantors/sponsors to support lending decisions during the credit underwriting process and when determining the assignment of internal loan grades. LGD grades are assigned based on a scale of 1-12 and represent FHN’s expected recovery based on collateral type in the event a loan defaults. See Note 5 – Allowance for Loan Losses for further discussion on the credit grading system.



	C&I
(Dollars in thousands)	2020		2019		2018		2017		2016		prior to 2016 (a)		LMC (b)		Revolving Loans		Revolving Loans converted to term loans (c)		Total
PD Grade:
1	$	27,293	$	100,359	$	125,095	$	81,397	$	112,175	$	117,965	$	—	$	156,041	$	223	$	720,548
2	33,244		239,750		95,269		81,542		176,068		112,586		—		108,408		51		846,918
3	15,083		165,433		52,645		96,725		65,932		119,415		1,028,798		219,037		14,042		1,777,110
4	144,129		318,374		155,173		140,516		158,705		149,248		958,145		372,890		277		2,397,457
5	149,048		604,067		306,849		161,921		127,011		228,347		927,946		507,991		14,230		3,027,410
6	187,540		713,579		244,128		241,828		107,498		201,660		1,740,304		801,860		16,485		4,254,882
7	270,190		903,326		395,680		167,749		91,881		156,238		806,853		794,174		447		3,586,538
8	224,670		626,348		217,091		178,183		33,476		115,727		140,372		495,002		7,096		2,037,965
9	128,773		332,262		92,720		91,648		60,522		93,750		68,707		419,388		2,055		1,289,825
10	65,206		128,169		113,744		56,088		60,659		53,920		25,023		191,883		996		695,688
11	29,742		95,269		65,404		64,494		75,508		52,240		—		109,709		3,618		495,984
12	25,376		36,918		46,792		41,370		19,248		28,881		17,766		114,052		1,112		331,515
13	18,233		32,564		12,153		11,247		84,321		39,710		—		63,993		383		262,604
14,15,16	35,268		22,351		51,983		26,586		17,414		14,493		—		124,557		7,242		299,894
Collectively evaluated for impairment	1,353,795		4,318,769		1,974,726		1,441,294		1,190,418		1,484,180		5,713,914		4,478,985		68,257		22,024,338
Individually evaluated for impairment	—		12,771		12,642		14,552		1,827		24,145		—		33,988		167		100,092
Total C&I loans	$	1,353,795	$	4,331,540	$	1,987,368	$	1,455,846	$	1,192,245	$	1,508,325	$	5,713,914	$	4,512,973	$	68,424	$	22,124,430



	Income CRE
(Dollars in thousands)	2020		2019		2018		2017		2016		prior to 2016		Revolving Loans		Revolving Loans converted to term loans		Total
PD Grade:
1	$	22,307	$	—	$	398	$	—	$	130	$	1,102	$	—	$	—	$	23,937
2	445		30,859		651		333		1,211		2,410		—		—		35,909
3	62,707		207,828		78,203		75,629		65,898		29,466		68,770		188		588,689
4	65,474		287,116		98,370		122,518		75,032		63,680		934		3,234		716,358
5	192,596		296,099		160,253		233,104		114,572		35,705		36,944		10,729		1,080,002
6	81,162		215,741		143,419		143,142		34,758		133,573		33,021		195		785,011
7	122,282		224,637		140,601		85,853		19,369		35,968		36,633		2,432		667,775
8	15,635		76,102		54,998		15,421		29,382		50,736		6,239		132		248,645
9	25,288		29,485		23,192		27,916		4,169		39,457		38		—		149,545
10	15,437		15,563		7,260		3,805		8,973		17,006		—		150		68,194
11	1,696		19,007		11,372		22,561		3,931		16,481		128		—		75,176
12	—		15,050		2,445		697		554		10,877		71		232		29,926
13	418		9,672		913		2,185		223		1,325		138		—		14,874
14,15,16	7,021		19,536		45		30,449		129		3,635		20,384		—		81,199
Collectively evaluated for impairment	612,468		1,446,695		722,120		763,613		358,331		441,421		203,300		17,292		4,565,240
Individually evaluated for impairment	—		—		—		—		—		163		—		—		163
Total CRE-IP	$	612,468	$	1,446,695	$	722,120	$	763,613	$	358,331	$	441,584	$	203,300	$	17,292	$	4,565,403



	Residential CRE
(Dollars in thousands)	2020		2019		2018		2017		2016		prior to 2016		Revolving Loans		Revolving Loans converted to term loans		Total
PD Grade:
1	$	—	$	—	$	—	$	—	$	—	$	23	$	—	$	—	$	23
2	—		—		—		—		—		—		—		—		—
3	—		—		272		175		—		106		—		—		553
4	95		886		—		313		—		124		—		—		1,418
5	—		—		—		—		79		—		—		—		79
6	5,568		6,252		42		338		44		349		—		—		12,593
7	—		527		2,904		1,795		—		190		21,382		—		26,798
8	150		312		463		—		—		153		100		—		1,178
9	—		—		263		—		498		79		—		—		840
10	—		735		266		—		—		77		—		—		1,078
11	3,517		20,693		3,471		161		—		477		—		—		28,319
12	—		—		—		—		—		161		—		—		161
13	1,006		—		45		—		—		9		—		—		1,060
14,15,16	15		28		—		—		—		146		—		—		189
Collectively evaluated for impairment	10,351		29,433		7,726		2,782		621		1,894		21,482		—		74,289
Individually evaluated for impairment	—		—		—		—		—		—		—		—		—
Total CRE-RES	$	10,351	$	29,433	$	7,726	$	2,782	$	621	$	1,894	$	21,482	$	—	$	74,289



	December 31, 2019
(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	$	696,040	$	—	$	—	$	1,848	$	—	$	697,888	3	%	$	69
2	767,048		—		—		48,906		38		815,992		4		165
3	743,123		877,210		3,314		474,067		806		2,098,520		9		274
4	1,237,772		692,971		46,375		680,223		477		2,657,818		11		738
5	1,986,761		670,402		72,512		993,628		1,700		3,725,003		15		8,265
6	2,511,290		1,410,387		27,263		717,062		17,027		4,683,029		19		12,054
7	2,708,707		509,616		18,378		641,345		30,925		3,908,971		16		20,409
8	1,743,364		136,771		—		269,407		16,699		2,166,241		9		22,514
9	1,101,873		77,139		31,909		169,586		13,007		1,393,514		6		17,484
10	563,635		21,229		18,536		59,592		2,153		665,145		3		10,197
11	495,140		—		—		81,682		2,302		579,124		2		13,454
12	262,906		15,158		—		28,807		1,074		307,945		1		8,471
13	232,823		—		—		32,966		1,126		266,915		1		8,142
14,15,16	263,076		—		—		43,400		626		307,102		1		29,318
Collectively evaluated for impairment	15,313,558		4,410,883		218,287		4,242,519		87,960		24,273,207		100		151,554
Individually evaluated for impairment	82,438		—		—		1,563		—		84,001		—		6,196
Purchased credit-impaired loans	25,925		—		—		4,155		820		30,900		—		848
Total commercial loans	$	15,421,921	$	4,410,883	$	218,287	$	4,248,237	$	88,780	$	24,388,108	100	%	$	158,598

The consumer portfolio is comprised primarily of smaller-balance loans which are very similar in nature in that most are standard products and are backed by residential real estate. Because of the similarities of consumer loan-types, FHN is able to utilize the Fair Isaac Corporation (“FICO”) score, among other attributes, to assess the credit quality of consumer borrowers. FICO scores are refreshed on a quarterly basis in an attempt to reflect the recent risk profile of the borrowers. Accruing delinquency amounts are indicators of asset quality within the credit card and other consumer portfolio.

The following table reflects the amortized cost basis by year of origination and refreshed FICO scores for consumer real estate as of March 31, 2020. Within consumer real estate, classes include home equity line of credit ("HELOC") and real estate installment. HELOCs are loans which during their draw period are classified as revolving loans. Once the draw period ends and the loan enters its repayment period, the loan converts to a term loan and is classified as revolving loans converted to term loans. All loans classified in the following table as revolving loans or revolving loans converted to term loans are HELOCs. Real estate installment loans are originated as a fixed term loan and are classified below in their vintage year from prior to 2016 to 2020. All loans in the following table classified in a vintage year are real estate installment loans.



	Consumer Real Estate
(Dollars in thousands)	2020		2019		2018		2017		2016		Prior to 2016		Revolving Loans		Revolving Loans converted to term loans (a)		Total
FICO score 740 or greater	$	134,032	$	586,720	$	451,497	$	438,007	$	541,683	$	1,346,587	$	646,462	$	142,848	$	4,287,836
FICO score 720-739	25,129		80,851		50,344		42,134		78,632		135,173		75,392		31,629		519,284
FICO score 700-719	10,325		63,306		32,469		36,606		35,111		130,881		58,913		29,201		396,812
FICO score 660-699	27,489		54,870		38,198		33,127		45,329		175,873		80,018		54,440		509,344
FICO score 620-659	1,026		21,260		9,708		11,482		16,651		72,843		28,433		31,527		192,930
FICO score less than 620	339		12,792		9,706		11,477		12,671		91,003		26,318		48,871		213,177
Total	$	198,340	$	819,799	$	591,922	$	572,833	$	730,077	$	1,952,360	$	915,536	$	338,516	$	6,119,383



	Other Consumer
(Dollars in thousands)	2020		2019		2018		2017		2016		Prior to 2016		Revolving Loans		Revolving Loans converted to term loans (a)		Total
FICO score 740 or greater	$	9,410	$	41,336	$	24,423	$	12,035	$	5,338	$	21,272	$	176,917	$	3,293	$	294,024
FICO score 720-739	1,509		6,235		3,799		1,911		1,054		2,954		36,173		709		54,344
FICO score 700-719	2,236		5,986		2,551		2,103		924		2,674		23,185		934		40,593
FICO score 660-699	3,219		8,803		4,355		3,221		1,524		4,041		32,282		1,700		59,145
FICO score 620-659	449		2,760		1,945		912		1,196		2,213		13,020		632		23,127
FICO score less than 620	279		1,458		1,190		752		3,034		4,573		10,781		1,498		23,565
Total	$	17,102	$	66,578	$	38,263	$	20,934	$	13,070	$	37,727	$	292,358	$	8,766	$	494,798

The following table reflects the percentage of balances outstanding by average, refreshed FICO scores for the HELOC and real estate installment classes of loans as of December 31, 2019.



	December 31, 2019
(Dollars in thousands)	HELOC		R/E Installment Loans (b)
FICO score 740 or greater	62.0	%	71.9	%
FICO score 720-739	8.6		8.3
FICO score 700-719	7.6		6.3
FICO score 660-699	10.8		8.1
FICO score 620-659	4.7		2.8
FICO score less than 620 (a)	6.3		2.6
Total	100.0	%	100.0	%

Nonperforming loans are loans placed on nonaccrual if it becomes evident that full collection of principal and interest is at risk, impairment has been recognized as a partial charge-off of principal balance due to insufficient collateral value and past due status, or on a case-by-case basis if FHN continues to receive payments but there are other borrower-specific issues. Included in nonaccruals are loans that FHN continues to receive payments including residential real estate loans where the borrower has been discharged of personal obligation through bankruptcy, and second liens, regardless of delinquency status, behind first liens that are 90 or more days past due, are bankruptcies, or are TDRs. Past due loans are loans contractually past due as to interest or principal payments, but which have not yet been put on nonaccrual status.



	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 (a)	$	16,081,865	$	17,049	$	166	$	16,099,080	$	60,387	$	2,505	$	33,189	$	96,081	$	16,195,161
Loans to mortgage companies	5,713,914		—		—		5,713,914		—		—		—		—		5,713,914
TRUPS (b)	215,355		—		—		215,355		—		—		—		—		215,355
Total commercial (C&I)	22,011,134		17,049		166		22,028,349		60,387		2,505		33,189		96,081		22,124,430
Commercial real estate:
Income CRE	4,562,822		419		—		4,563,241		29		816		1,317		2,162		4,565,403
Residential CRE	74,222		39		—		74,261		—		28		—		28		74,289
Total commercial real estate	4,637,044		458		—		4,637,502		29		844		1,317		2,190		4,639,692
Consumer real estate:
HELOC	1,186,834		10,213		5,828		1,202,875		41,506		3,547		6,124		51,177		1,254,052
R/E installment loans	4,801,281		17,741		6,304		4,825,326		24,162		2,420		13,423		40,005		4,865,331
Total consumer real estate	5,988,115		27,954		12,132		6,028,201		65,668		5,967		19,547		91,182		6,119,383
Credit card & other:
Credit card	189,247		1,893		1,715		192,855		—		—		—		—		192,855
Other	300,308		1,144		131		301,583		153		38		169		360		301,943
Total credit card & other	489,555		3,037		1,846		494,438		153		38		169		360		494,798
Total loans, net of unearned income	$	33,125,848	$	48,498	$	14,144	$	33,188,490	$	126,237	$	9,354	$	54,222	$	189,813	$	33,378,303

The following table reflects accruing and non-accruing loans by class on December 31, 2019:



	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	$	15,314,292	$	7,155	$	237	$	15,321,684	$	36,564	$	14,385	$	23,363	$	74,312	$	15,395,996
Loans to mortgage companies	4,410,883		—		—		4,410,883		—		—		—		—		4,410,883
TRUPS (a)	218,287		—		—		218,287		—		—		—		—		218,287
Purchased credit-impaired loans	23,840		287		1,798		25,925		—		—		—		—		25,925
Total commercial (C&I)	19,967,302		7,442		2,035		19,976,779		36,564		14,385		23,363		74,312		20,051,091
Commercial real estate:
Income CRE	4,242,044		679		—		4,242,723		—		19		1,340		1,359		4,244,082
Residential CRE	87,487		7		—		87,494		—		466		—		466		87,960
Purchased credit-impaired loans	4,752		128		95		4,975		—		—		—		—		4,975
Total commercial real estate	4,334,283		814		95		4,335,192		—		485		1,340		1,825		4,337,017
Consumer real estate:
HELOC	1,217,344		9,156		5,669		1,232,169		43,007		4,227		7,472		54,706		1,286,875
R/E installment loans (b)	4,812,446		12,894		9,170		4,834,510		20,710		1,076		9,202		30,988		4,865,498
Purchased credit-impaired loans	18,720		2,770		3,276		24,766		—		—		—		—		24,766
Total consumer real estate	6,048,510		24,820		18,115		6,091,445		63,717		5,303		16,674		85,694		6,177,139
Credit card & other:
Credit card	198,917		1,076		1,178		201,171		—		—		—		—		201,171
Other	291,700		1,802		337		293,839		101		44		189		334		294,173
Purchased credit-impaired loans	323		98		99		520		—		—		—		—		520
Total credit card & other	490,940		2,976		1,614		495,530		101		44		189		334		495,864
Total loans, net of unearned income	$	30,841,035	$	36,052	$	21,859	$	30,898,946	$	100,382	$	20,217	$	41,566	$	162,165	$	31,061,111

A modification is classified as a TDR if the borrower is experiencing financial difficulty and it is determined that FHN has granted a concession to the borrower. FHN may determine that a borrower is experiencing financial difficulty if the borrower is currently in default on any of its debt, or if it is probable that a borrower may default in the foreseeable future. Many aspects of a borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty. Concessions could include extension of the maturity date, reductions of the interest rate (which may make the rate lower than current market

For all classes within the commercial portfolio segment, TDRs are typically modified through forbearance agreements (generally 6 to 12 months). Forbearance agreements could include reduced interest rates, reduced payments, release of guarantor, or entering into short sale agreements. FHN’s proprietary modification programs for consumer loans are generally structured using parameters of U.S. government-sponsored programs such as the former Home Affordable Modification Program (“HAMP”). Within the HELOC and R/E installment loans classes of the consumer portfolio segment, TDRs are typically modified by reducing the interest rate (in increments of 25 basis

points to a minimum of 1 percent for up to 5 years) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years, the interest rate generally returns to the original interest rate prior to modification; for certain modifications, the modified interest rate increases 2 percent per year until the original interest rate prior to modification is achieved. Prior to 2020, Consumer real estate mortgage TDRs (previously classified as permanent mortgage) were typically modified by reducing the interest rate (in increments of 25 basis points to a minimum of 2 percent for up to 5 years) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years, the interest rate stepped up 1 percent every year until it reached the Federal Home Loan Mortgage Corporation Weekly Survey Rate cap. Contractual maturities may be extended to 40 years for consumer real estate loans. Within the credit card class of the consumer portfolio segment, TDRs are typically modified through either a short-term credit card hardship program or a longer-term credit card workout program. In the credit card hardship program, borrowers may be granted

On March 31, 2020 and December 31, 2019, FHN had $194.7 million and $206.3 million of portfolio loans classified as TDRs, respectively. For TDRs in the loan portfolio, FHN had loan loss reserves of $13.9 million, or 7 percent as of March 31, 2020, and $19.7 million, or 10 percent as of December 31, 2019. Additionally, $50.5 million and $51.1 million of loans held-for-sale as of March 31, 2020 and December 31, 2019, respectively, were classified as TDRs.



	March 31, 2020					March 31, 2019
(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	3	$	5,927	$	4,433	2	$	13,895	$	13,820
Total commercial (C&I)	3	5,927		4,433		2	13,895		13,820
Consumer real estate:
HELOC	8	912		891		19	2,104		2,084
R/E installment loans	10	1,511		1,497		47	7,425		7,413
Total consumer real estate	18	2,423		2,388		66	9,529		9,497
Credit card & other	24	158		146		15	74		71
Total troubled debt restructurings	45	$	8,508	$	6,967	83	$	23,498	$	23,388



	March 31, 2020			March 31, 2019
(Dollars in thousands)	Number	Recorded Investment		Number	Recorded Investment
Commercial (C&I):
General C&I	—	$	—	—	$	—
Total commercial (C&I)	—	—		—	—
Consumer real estate:
HELOC	4	960		1	33
R/E installment loans	5	344		—	—
Total consumer real estate	9	1,304		1	33
Credit card & other	7	31		8	18
Total troubled debt restructurings	16	$	1,335	9	$	51

The following table presents a rollforward of the accretable yield for the year ended December 31, 2019:



	Year Ended
(Dollars in thousands)	2019
Balance, beginning of period	$	13,375
Accretion	(5,792		)
Adjustment for payoffs	(2,438		)
Adjustment for charge-offs	(479		)
Adjustment for pool excess recovery (a)	—
Increase in accretable yield (b)	5,513
Disposals	(4		)
Other	(367		)
Balance, end of period	$	9,808

The following tables provide information at December 31, 2019 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, TRUPS valuation allowance has been excluded.



	December 31, 2019
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
Impaired loans with no related allowance recorded:
Commercial:
General C&I	$	52,672	$	63,602	$	—
Income CRE	1,563		1,563		—
Total	$	54,235	$	65,165	$	—
Consumer:
HELOC (a)	$	4,940	$	10,438	$	—
R/E installment loans (a)	7,593		10,054		—
Total	$	12,533	$	20,492	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I	$	29,766	$	31,536	$	6,196
TRUPS	—		—		—
Income CRE	—		—		—
Total	$	29,766	$	31,536	$	6,196
Consumer:
HELOC	$	55,522	$	59,122	$	7,016
R/E installment loans	94,191		104,121		12,282
Credit card & other	653		653		422
Total	$	150,366	$	163,896	$	19,720
Total commercial	$	84,001	$	96,701	$	6,196
Total consumer	$	162,899	$	184,388	$	19,720
Total impaired loans	$	246,900	$	281,089	$	25,916



	Three Months Ended March 31
		2019
(Dollars in thousands)		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance recorded:
Commercial:
General C&I		$	55,765	$	180
Loans to mortgage companies		—		—
Income CRE		1,556		13
Residential CRE		—		—
Total		$	57,321	$	193
Consumer:
HELOC (a)		$	7,597	$	—
R/E installment loans (a)		8,637		—
Total		$	16,234	$	—
Impaired loans with related allowance recorded:
Commercial:
General C&I		$	7,294	$	—
TRUPS		2,863		—
Income CRE		367		4
Residential CRE		—		—
Total		$	10,524	$	4
Consumer:
HELOC		$	65,013	$	522
R/E installment loans		108,059		822
Credit card & other		690		5
Total		$	173,762	$	1,349
Total commercial		$	67,845	$	197
Total consumer		$	189,996	$	1,349
Total impaired loans		$	257,841	$	1,546