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CONSOLIDATED CONDENSED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Stock
Common Stock
Capital Surplus
Undivided Profits
Accumulated Other Comprehensive Income/(Loss)
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Adjustment to reflect adoption of ASU | Accounting Standards Update 2016-02 $ (1,011)       $ (1,011)    
Balance, beginning of period (in shares) at Dec. 31, 2018   1,000 318,573        
Balance, beginning of period at Dec. 31, 2018 4,785,380 $ 95,624 $ 199,108 $ 3,029,425 1,542,408 $ (376,616) [1] $ 295,431
Beginning balance, as adjusted at Dec. 31, 2018 4,784,369 $ 95,624 $ 199,108 3,029,425 1,541,397 (376,616) [1] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 103,405       100,585   2,820
Other comprehensive income/(loss) 55,465         55,465 [1]  
Comprehensive income/(loss) 158,870       100,585 55,465 [1] 2,820
Cash dividends declared:              
Preferred stock (1,550)       (1,550)    
Common stock (44,864)       (44,864)    
Common stock repurchased (in shares)     (3,594)        
Common stock repurchased (53,436)   $ (2,246) [2] (51,190) [2]      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)     382        
Stock options and restricted stock - equity awards 520   $ 239 281      
Stock-based compensation expense 5,432     5,432      
Dividends declared - noncontrolling interest of subsidiary preferred stock (2,820)           (2,820)
Balance, ending of period (in shares) at Mar. 31, 2019   1,000 315,361        
Balance, end of period at Mar. 31, 2019 4,846,521 $ 95,624 $ 197,101 2,983,948 1,595,568 (321,151) [1] 295,431
Balance, beginning of period (in shares) at Dec. 31, 2018   1,000 318,573        
Balance, beginning of period at Dec. 31, 2018 4,785,380 $ 95,624 $ 199,108 3,029,425 1,542,408 (376,616) [1] 295,431
Beginning balance, as adjusted at Dec. 31, 2018 4,784,369 $ 95,624 $ 199,108 3,029,425 1,541,397 (376,616) [1] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 217,147            
Other comprehensive income/(loss) 114,127            
Comprehensive income/(loss) 331,274            
Cash dividends declared:              
Preferred stock (3,100)            
Balance, ending of period (in shares) at Jun. 30, 2019   1,000 312,478        
Balance, end of period at Jun. 30, 2019 4,926,081 $ 95,624 $ 195,299 2,941,696 1,660,520 (262,489) [1] 295,431
Balance, beginning of period (in shares) at Mar. 31, 2019   1,000 315,361        
Balance, beginning of period at Mar. 31, 2019 4,846,521 $ 95,624 $ 197,101 2,983,948 1,595,568 (321,151) [1] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 113,742       110,890   2,852
Other comprehensive income/(loss) 58,662         58,662 [3]  
Comprehensive income/(loss) 172,404       110,890 58,662 [3] 2,852
Cash dividends declared:              
Preferred stock (1,550)       (1,550)    
Common stock (44,388)       (44,388)    
Common stock repurchased (in shares)     (3,654)        
Common stock repurchased (52,222)   $ (2,284) [2] (49,938) [2]      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)     771        
Stock options and restricted stock - equity awards 2,944   $ 482 2,462      
Stock-based compensation expense 5,224     5,224      
Dividends declared - noncontrolling interest of subsidiary preferred stock (2,852)           (2,852)
Balance, ending of period (in shares) at Jun. 30, 2019   1,000 312,478        
Balance, end of period at Jun. 30, 2019 4,926,081 $ 95,624 $ 195,299 2,941,696 1,660,520 (262,489) [1] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Adjustment to reflect adoption of ASU | Accounting Standards Update 2016-13 (96,057)       (96,057)    
Balance, beginning of period (in shares) at Dec. 31, 2019   1,000 311,469        
Balance, beginning of period at Dec. 31, 2019 5,076,008 $ 95,624 $ 194,668 2,931,451 1,798,442 (239,608) [3] 295,431
Beginning balance, as adjusted at Dec. 31, 2019 4,979,951 $ 95,624 $ 194,668 2,931,451 1,702,385 (239,608) [3] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 16,472       13,620   2,852
Other comprehensive income/(loss) 103,444         103,444 [3]  
Comprehensive income/(loss) 119,916       13,620 103,444 [3] 2,852
Cash dividends declared:              
Preferred stock (1,550)       (1,550)    
Common stock (47,350)       (47,350)    
Common stock repurchased (in shares)     (141)        
Common stock repurchased (2,064)   $ (88) (1,976)      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)     652        
Stock options and restricted stock - equity awards 4,140   $ 407 3,733      
Stock-based compensation expense 7,281     7,281      
Dividends declared - noncontrolling interest of subsidiary preferred stock (2,852)           (2,852)
Other (in shares) [4]     (117)        
Other [4] (1,892)   $ (73) (1,819)      
Balance, ending of period (in shares) at Mar. 31, 2020   1,000 311,863        
Balance, end of period at Mar. 31, 2020 5,055,580 $ 95,624 $ 194,914 2,938,670 1,667,105 (136,164) [3] 295,431
Balance, beginning of period (in shares) at Dec. 31, 2019   1,000 311,469        
Balance, beginning of period at Dec. 31, 2019 5,076,008 $ 95,624 $ 194,668 2,931,451 1,798,442 (239,608) [3] 295,431
Beginning balance, as adjusted at Dec. 31, 2019 4,979,951 $ 95,624 $ 194,668 2,931,451 1,702,385 (239,608) [3] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 73,137            
Other comprehensive income/(loss) 104,810            
Comprehensive income/(loss) 177,947            
Cash dividends declared:              
Preferred stock (3,100)            
Balance, ending of period (in shares) at Jun. 30, 2020   2,500 312,359        
Balance, end of period at Jun. 30, 2020 5,208,385 $ 240,289 $ 195,224 2,940,610 1,671,629 (134,798) [3] 295,431
Balance, beginning of period (in shares) at Mar. 31, 2020   1,000 311,863        
Balance, beginning of period at Mar. 31, 2020 5,055,580 $ 95,624 $ 194,914 2,938,670 1,667,105 (136,164) [3] 295,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income/(loss) 56,665       53,814   2,851
Other comprehensive income/(loss) 1,366         1,366 [3]  
Comprehensive income/(loss) 58,031       53,814 1,366 [3] 2,851
Cash dividends declared:              
Preferred stock (1,550)       (1,550)    
Common stock (47,740)       (47,740)    
Preferred stock issuance (in shares) (1,500 shares issued at $100,000 per share net of offering costs)   1,500          
Preferred stock issuance (1,500 shares issued at $100,000 per share net of offering costs) 144,665 $ 144,665          
Common stock repurchased (in shares)     (183)        
Common stock repurchased (1,468)   $ (114) (1,354)      
Common stock issued for:              
Stock options and restricted stock - equity awards (in shares)     679        
Stock options and restricted stock - equity awards     $ 424 (424)      
Stock-based compensation expense 3,718     3,718      
Dividends declared - noncontrolling interest of subsidiary preferred stock (2,851)           (2,851)
Balance, ending of period (in shares) at Jun. 30, 2020   2,500 312,359        
Balance, end of period at Jun. 30, 2020 $ 5,208,385 $ 240,289 $ 195,224 $ 2,940,610 $ 1,671,629 $ (134,798) [3] $ 295,431
[1]
Due to the nature of the preferred stock issued by FHN and its subsidiaries, all components of Other comprehensive income/(loss) have been attributed solely to FHN as the controlling interest holder.
[2]
Includes $51.5 million and $50.2 million repurchased under share repurchase programs in first and second quarter 2019, respectively.
[3]
Due to the nature of the preferred stock issued by FHN and its subsidiaries, all components of Other comprehensive income/(loss) have been attributed solely to FHN as the controlling interest holder.
[4]
Represents shares canceled in connection with the resolution of remaining Capital Bank Financial Corporation ("CBF") dissenters' appraisal process.