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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2011
Investment Securities [Abstract]  
Schedule Of FHN's Available For Sale Securities

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

On December 31, 2011

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Fair
Value

 

Securities available for sale:

 

 

 

 

 

 

 

 

U.S. treasuries

 

 

$

 

40,030

 

 

 

$

 

91

 

 

 

$

 

       -

 

 

 

$

 

40,121

 

Government agency issued mortgage-backed securities ("MBS")

 

 

 

1,334,174

 

 

 

 

76,054

 

 

 

 

-

 

 

 

 

1,410,228

 

Government agency issued collateralized mortgage obligations ("CMO")

 

 

 

1,325,011

 

 

 

 

32,932

 

 

 

 

-

 

 

 

 

1,357,943

 

Other U.S. government agencies

 

 

 

15,277

 

 

 

 

674

 

 

 

 

-

 

 

 

 

15,951

 

States and municipalities

 

 

 

18,070

 

 

 

 

-

 

 

 

 

-

 

 

 

 

18,070

 

Equity (a)

 

 

 

223,430

 

 

 

 

-

 

 

 

 

-

 

 

 

 

223,430

 

Other

 

 

 

511

 

 

 

 

18

 

 

 

 

-

 

 

 

 

529

 

 

Total securities available for sale (b)

 

 

$

 

2,956,503

 

 

 

$

 

109,769

 

 

 

$

 

-

 

 

 

$

 

3,066,272

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

On December 31, 2010

 

Amortized
Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Fair
Value

 

Securities available for sale:

 

 

 

 

 

 

 

 

U.S. treasuries

 

 

$

 

87,188

 

 

 

$

 

256

 

 

 

$

 

-

 

 

 

$

 

87,444

 

Government agency issued MBS

 

 

 

1,430,923

 

 

 

 

46,916

 

 

 

 

(7,881

)

 

 

 

 

1,469,958

 

Government agency issued CMO

 

 

 

1,136,607

 

 

 

 

32,133

 

 

 

 

-

 

 

 

 

1,168,740

 

Other U.S. government agencies

 

 

 

50,426

 

 

 

 

2,800

 

 

 

 

-

 

 

 

 

53,226

 

States and municipalities

 

 

 

26,015

 

 

 

 

-

 

 

 

 

-

 

 

 

 

26,015

 

Equity (a)

 

 

 

226,012

 

 

 

 

-

 

 

 

 

(9

)

 

 

 

 

226,003

 

Other

 

 

 

511

 

 

 

 

33

 

 

 

 

-

 

 

 

 

544

 

 

Total securities available for sale (b)

 

 

$

 

2,957,682

 

 

 

$

 

82,138

 

 

 

$

 

(7,890

)

 

 

 

$

 

3,031,930

 

 

Schedule Of Amortized Cost And Fair Value By Contractual Maturity

 

 

 

 

 

(Dollars in thousands)

 

Available for Sale

 

Amortized
Cost

 

Fair
Value

 

Within 1 year

 

 

$

 

50,044

 

 

 

$

 

50,310

 

After 1 year; within 5 years

 

 

 

6,763

 

 

 

 

7,262

 

After 5 years; within 10 years

 

 

 

-

 

 

 

 

-

 

After 10 years

 

 

 

16,570

 

 

 

 

16,570

 

 

Subtotal

 

 

 

73,377

 

 

 

 

74,142

 

 

Government agency issued MBS and CMO

 

 

 

2,659,185

 

 

 

 

2,768,171

 

Equity and other securities

 

 

 

223,941

 

 

 

 

223,959

 

 

Total

 

 

$

 

2,956,503

 

 

 

$

 

3,066,272

 

 

Schedule Of Realized Gross Gains And Losses On Sale From Available For Sale Portfolio

 

 

 

 

 

 

 

(Dollars in thousands)

 

Available for Sale

 

2011

 

2010

 

2009

 

Gross gains on sales of securities (a)

 

 

$

 

44,787

 

 

 

$

 

15,709

 

 

 

$

 

-

 

Gross (losses) on sales of securities

 

 

 

(8,623

)

 

 

 

 

(1

)

 

 

 

 

(60

)

 

 

Net gain/(loss) on sales of securities (b)

 

 

$

 

36,164

 

 

 

$

 

15,708

 

 

 

$

 

(60

)

 

 

Venture capital investments (c)

 

 

 

-

 

 

 

 

(4,598

)

 

 

 

 

(601

)

 

Net other than temporary impairment ("OTTI") recorded (d)

 

 

 

-

 

 

 

 

(188

)

 

 

 

 

(517

)

 

 

Total securities gain/(loss), net

 

 

$

 

36,164

 

 

 

$

 

10,922

 

 

 

$

 

(1,178

)

 

 

Schedule Of Investments Within The Available For Sale Portfolio That Have Unrealized Losses

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

On December 31, 2010

 

Less than 12 months

 

12 months or longer

 

Total

 

Fair
Value

 

Unrealized
Losses

 

Fair
Value

 

Unrealized
Losses

 

Fair
Value

 

Unrealized
Losses

 

Government agency issued MBS

 

 

$

 

563,813

 

 

 

$

 

(7,881

)

 

 

 

$

 

     -

 

 

 

$

 

     -

 

 

 

$

 

563,813

 

 

 

$

 

(7,881

)

 

 

Total debt securities

 

 

 

563,813

 

 

 

 

(7,881

)

 

 

 

 

-

 

 

 

 

-

 

 

 

 

563,813

 

 

 

 

(7,881

)

 

Equity

 

 

 

34

 

 

 

 

(9

)

 

 

 

 

-

 

 

 

 

-

 

 

 

 

34

 

 

 

 

(9

)

 

 

Total temporarily impaired securities

 

 

$

 

563,847

 

 

 

$

 

(7,890

)

 

 

 

$

 

-

 

 

 

$

 

-

 

 

 

$

 

563,847

 

 

 

$

 

(7,890

)