XML 192 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Other Income and Other Expense
 12 Months Ended
Dec. 31, 2019
Other Nonoperating Income (Expense) [Abstract]  
Other Income and Other Expense Other Income and Other Expense
Following is detail of All other income and commissions and All other expense as presented in the Consolidated Statements of Income:
(Dollars in thousands)
 
2019
 
2018
 
2017
All other income and commissions:
 
 
 
 
 
 
Other service charges
 
$
20,986

 
$
15,122

 
$
12,532

ATM and interchange fees
 
16,539

 
13,354

 
12,425

Deferred compensation (a)
 
11,223

 
(3,224
)
 
6,322

Mortgage banking
 
10,055

 
10,587

 
4,649

Dividend income (b)
 
7,186

 
10,555

 
—

Letter of credit fees
 
5,582

 
5,298

 
4,661

Electronic banking fees
 
4,927

 
5,134

 
5,082

Insurance commissions
 
2,125

 
2,096

 
2,514

Gain/(loss) on extinguishment of debt (c)
 
58

 
(15
)
 
(14,329
)
Other
 
32,277

 
16,902

 
10,061

Total
 
$
110,958

 
$
75,809

 
$
43,917

All other expense:
 
 
 
 
 
 
Travel and entertainment
 
$
12,119

 
$
16,442

 
$
11,462

Other insurance and taxes
 
10,179

 
9,684

 
9,686

Customer relations
 
9,098

 
5,583

 
5,750

Supplies
 
6,918

 
6,917

 
4,106

Employee training and dues
 
5,141

 
7,218

 
5,551

Miscellaneous loan costs
 
4,128

 
3,732

 
2,751

Litigation and regulatory matters
 
2,923

 
644

 
40,517

Non-service components of net periodic pension and post-retirement cost
 
2,304

 
5,251

 
2,144

Tax credit investments
 
1,809

 
4,712

 
3,468

OREO
 
1,479

 
2,630

 
1,006

Repurchase and foreclosure provision/(provision credit)
 
(1,007
)
 
(1,039
)
 
(22,527
)
Other
 
71,039

 
73,223

 
48,693

Total
 
$
126,130

 
$
134,997

 
$
112,607

Certain previously reported amounts have been reclassified to agree with current presentation.
(a)
Amounts are driven by market conditions and are mirrored by changes in deferred compensation expense which is included in employee compensation expense.
(b)
Effective January 1, 2018, FHN adopted ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities” and began recording dividend income from FRB and FHLB holdings in Other income. Prior to 2018, these amounts were included in Interest income on the Consolidated Statements of Income.
(c)
Loss on extinguishment of debt for 2017 relates to the repurchase of equity securities previously included in a financing transaction.