8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) - October 15, 2010

FIRST HORIZON NATIONAL CORPORATION

(Exact Name of Registrant as Specified in Charter)

TENNESSEE
(State or Other Jurisdiction
of Incorporation) 001-15185
(Commission
File Number) 62-0803242
(IRS Employer
Identification No.)

165 MADISON AVENUE
MEMPHIS, TENNESSEE
(Address of Principal Executive Office) 38103
(Zip Code)

Registrant’s telephone number, including area code - (901) 523-4444

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01. REGULATION FD DISCLOSURE

Furnished as Exhibit 99.1 is a copy of First Horizon National Corporation Financial Supplement and Investor Slide Presentation for the quarter ended September 30, 2010, which are scheduled to be released October 15, 2010.

ITEM 9.01. Financial Statements and Exhibits

(c) Exhibits

The following exhibit is furnished pursuant to Item 7.01, is not to be considered “filed” under the Securities Exchange Act of 1934, as amended (“Exchange Act”), and shall not be incorporated by reference into any of First Horizon National Corporation’s (“Corporation”) previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.

Exhibit #	Description
99.1	First Horizon National Corporation Financial Supplement and Investor Slide Presentation for the quarter ended September 30, 2010.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRST HORIZON NATIONAL CORPORATION
Date: October 15, 2010	By:	/s/ William C. Losch III
		Name:	William C. Losch III
		Title:	Executive Vice President and Chief Financial Officer

Exhibit Index

The following exhibit is furnished pursuant to Item 7.01 is not to be considered “filed” under the Exchange Act, and shall not be incorporated by reference into any of the Corporation’s previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.

Exhibit #	Description
99.1	First Horizon National Corporation Financial Supplement and Investor Slide Presentation for the quarter ended September 30, 2010.

EX-99.1

Exhibit 99.1

THIRD QUARTER 2010

FINANCIAL SUPPLEMENT

If you need further information, please contact:
Aarti Bowman, Investor Relations
901-523-4017
aagoorha@firsthorizon.com

TABLE OF CONTENTS

	Page
First Horizon National Corporation Segment Structure		3
Performance Highlights		4
Charges for Restructuring, Repositioning, & Efficiency Initiatives		6
Consolidated Results
Income Statement
Summary Results		7
Income Statement		8
Other Income and Other Expense		9
Balance Sheet
Period End Balance Sheet		10
Average and Period End Loans		11
Average Balance Sheet		12
Average Balance Sheet: Income and Expense		13
Average Balance Sheet: Yields and Rates		14
Mortgage Servicing Rights		15
Business Segment Detail
Segment Highlights		16
Regional Banking		17
Capital Markets		18
Corporate		19
Non-Strategic		20
Non-Strategic: Servicing		21
Capital Highlights		22
Asset Quality
Asset Quality: Consolidated		23
Analysis of Individually Impaired Loans and NPL and ORE Rollforwards		25
Asset Quality: Regional Banking		26
Asset Quality: Non-Strategic		27
Asset Quality Highlights: Key Portfolios — Commercial		28
Asset Quality Highlights: Key Portfolios — Consumer		29
Asset Quality Process		30
Glossary of Terms		31
Non-GAAP to GAAP Reconciliation		32

Other Information

This financial supplement contains forward-looking statements involving significant risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking information. Those factors include general economic and financial market conditions, including expectations of and actual timing and amount of interest rate movements including the slope of the yield curve, competition, customer and investor responses to these conditions, ability to execute business plans, geopolitical developments, recent and future legislative and regulatory developments, natural disasters, and items mentioned in this financial supplement and in First Horizon National Corporation’s (FHN) most recent press release, as well as critical accounting estimates and other factors described in FHN’s recent filings with the SEC. FHN disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements included herein or therein to reflect future events or developments.

Use of Non-GAAP Measures

Certain capital-related ratios are included in this financial supplement that are non-GAAP, meaning they are not presented in accordance with generally accepted accounting principles (GAAP) in the U.S. FHN’s management believes such ratios are relevant to understanding the capital position and results of the Company. The non-GAAP ratios presented in this Financial Supplement are tangible common equity to tangible common assets, tangible book value per common share, tier 1 common to risk weighted assets, and adjusted tangible common equity to risk weighted assets. These ratios are reported to FHN’s management and Board of Directors through various internal reports. Additionally, disclosure of these ratios provides a meaningful base for comparability to other financial institutions as these ratios have become an important measure of the capital strength of banks as demonstrated by the inclusion in the stress tests administered by the United States Treasury Department under the Capital Assistance Program. Non-GAAP measures are not formally defined by GAAP or codified in the federal banking regulations, and other entities may use calculation methods that differ from those used by FHN. Tier 1 capital is a regulatory term and is generally defined as the sum of core capital (including common equity and instruments that can not be redeemed at the option of the holder) adjusted for certain items under risk based capital regulations. Also a regulatory term, risk weighted assets includes total assets adjusted for credit risk and is used to determine capital ratios. Refer to the tabular reconciliation of non-GAAP to GAAP measures and presentation of the most comparable GAAP items on page 32 of this financial supplement.

FIRST HORIZON NATIONAL CORPORATION SEGMENT STRUCTURE

Regional Banking

- Traditional lending and deposit taking, investments, insurance services, financial planning, trust services, asset management, cash management, and health savings accounts

- Correspondent banking which provides credit, depository, and other banking related services to other financial institutions

- First lien mortgage originations through regional banking channels

Capital Markets

- Fixed income sales, trading, and strategies for institutional clients in U.S. and abroad

- Other capital markets products such as portfolio advisory, derivatives, and loan trading

Corporate

- Executive management, enterprise-wide risk management, corporate finance, corporate communications, low income housing activities, legal functions and funding for the corporation including any impact from balance sheet positioning

- Various charges related to restructuring, repositioning, and efficiency initiatives

Non-Strategic

- Wind-down businesses that include:

- National commercial and consumer lending loan portfolios

- Trust preferred loan portfolio

- Legacy mortgage servicing

- Exited businesses (such as national mortgage banking and institutional equity research) and associated restructuring, repositioning, and efficiency charges

3 

PERFORMANCE HIGHLIGHTS

(Third Quarter 2010 vs. Second Quarter 2010)

Asset Quality

- Allowance as a percentage of loans ratio decreased to 422 basis points from 455 basis points in prior quarter

- Reflects $61.4 million net decrease in current quarter

- Provision expense decreased to $50.0 million in third quarter compared to $70.0 million in second quarter

- Net charge-offs were 263 annualized basis points of average loans, an improvement from 310 basis points in prior quarter

- Net charge-offs were $111.4 million in third quarter compared to $132.8 million in prior quarter

- Third quarter net charge-offs included the effect of an operational process change which accelerated loss recognition of certain delinquent home equity loans and a charge off of a fraud related loan of $11 million

- NPAs increased 2 percent from prior quarter; NPA ratio increased to 500 basis points from 492 basis points

- Volatility experienced in nonperforming commercial loans as anticipated

- NPAs continued to benefit from the wind-down of the non-strategic construction loan portfolios

- Commercial Portfolio:

- Reserve decrease in C&I primarily due to aggregate improvement in the risk profile, bank-related and TRUPS remain stressed

- Continued stress in Income CRE portfolio; reserve balances relatively flat

- Reduction of Residential CRE portfolio continues as balances declined 18% from prior quarter

- Consumer Portfolio:

- Performance of the home equity portfolio stabilizing as balances continue to decline

- The permanent mortgage portfolio experienced lower net charge-offs and balances continued to decline

- Portfolio has become more seasoned as aging typically results in improved credit trends

- Migration from OTC modifications significantly reduced

- All other consumer (including credit card and OTC) reserves decreased

Capital

- Continued quarterly dividend payable in common stock

- Current ratios improved (estimated based on period end balances)

- 7.96% for tangible common equity to tangible assets

- 17.22% for Tier 1

- 21.82% for Total Capital

- 10.35% for Tier 1 Common

- CPP Preferred dividend of $15.0 million in third quarter

- $10.8 million effect of cash dividend

- $4.2 million of amortization to accrete initial discounted book value up to face value

Taxes

- Approximately $9 million positive quarterly effect from permanent tax credits

- Effective tax rate also includes the effect of favorable state tax audit settlements

4

PERFORMANCE HIGHLIGHTS (continued)

(Third Quarter 2010 vs. Second Quarter 2010)

Regional Banking

- Net interest margin was relatively flat at 5.11% compared to 5.09% in prior quarter

- Impact of favorable commercial loan pricing offset by lower spreads on mortgage warehouse lending and commercial loan fees

- Noninterest income decreased to $77.5 million from $79.3 million in prior quarter

- NSF fees decreased due to continued negative impact of Reg. E

- The decline in NSF fees somewhat mitigated by a gain on sale of student loans

- Provision expense decreased to $10.3 million from $28.0 million

Decline in provision primarily due to lower required reserves for commercial loans including those individually evaluated for impairment

- Noninterest expense increased to $161.4 million from $159.4 million in prior quarter primarily due to rise in personnel costs and seasonal increase in advertising expenses

Capital Markets

- Fixed income revenues increased to $106.9 million in third quarter from $91.8 million in prior quarter

- Fixed income average daily revenue (ADR) of $1.7 million in third quarter, up from $1.5 million in prior quarter

- Increased volume driven by depository customers

- Other product revenues were $7.2 million in third quarter compared to $9.1 million in prior quarter

- Noninterest expense increased slightly to $79.5 million from $78.1 million in the prior quarter

- Variable personnel costs increased due to higher fixed income revenues

Corporate

- Net interest income declined $4.0 million from second quarter

- Decline primarily due to lower yielding, smaller investment portfolio

- As of September 30, 2010, the average estimated duration of the investment portfolio was 2.5 years.

- Noninterest income increased to $7.9 million from $4.6 million in the second quarter

- Noninterest expense increased to $19.5 million from $11.7 million in prior quarter

- Second quarter included reversal of $5.0 million of the contingent liability for certain Visa legal matters

- Remainder is primarily attributable to change in deferred compensation costs

Non-Strategic

- Net interest income remained relatively flat at $37.4 million compared to $38.0 million in the prior quarter

- Provision expense decreased $2.3 million to $39.7 million

- Primarily due to reduction of the construction and home equity portfolios

- Noninterest income decreased to $51.7 million from $63.3 million in prior quarter primarily due to decline in mortgage banking income

- Positive net hedging results decreased to $31.8 million from $44.1 million in the prior quarter

- Servicing fees declined $4.6 million as a result of reduction in size of servicing portfolio

- Mortgage banking income favorably affected by positive fair value adjustment to the mortgage warehouse

- Third quarter includes net equity securities losses of $2.9 million due to valuation adjustments of venture capital investments

- Noninterest expense decreased to $87.1 million in third quarter from $92.8 million in prior quarter

- Provisioning for repurchase and foreclosure losses related to legacy mortgage banking was $48.9 million in third quarter, $56.0 million in prior quarter

- Pipeline inflow was $209 million in the third quarter, increasing the ending pipeline to $469 million

- The pipeline represents active investor claims and mortgage insurance (MI) cancellation notices under review

- Excludes MI cancellation notices that have been reviewed and the MI coverage has been lost

- For purposes of estimating loss, MI cancellation notices where coverage has been lost are also contemplated

5

CHARGES FOR RESTRUCTURING, REPOSITIONING, & EFFICIENCY INITIATIVES
Quarterly, Unaudited

(Thousands, rounded)	3Q10			2Q10			1Q10			4Q09			3Q09
By Income Statement Impact
Noninterest income
Mortgage banking	$	—		$	(1,500	)	$	—		$	600		$	—
Losses on divestitures		—			—			—			(9,200	)		—
Noninterest expense
Employee compensation, incentives, and benefits		800			(600	)		600			1,400			700
Legal and professional fees		—			—			100			600			—
Occupancy		—			900			100			1,700			800
Goodwill impairment		—			—			—			2,300			—
All other expense		300			(1,400	)		200			16,300			—
Total loss before income taxes		(1,100	)		(400	)		(1,000	)		(30,900	)		(1,500	)
Income/(loss) from discontinued operations (a)		—			800			(10,100	)		(300	)		(14,200	)
Net charges resulting from restructuring, repositioning, and efficiency initiatives	$	(1,100	)	$	400		$	(11,100	)	$	(31,200	)	$	(15,700	)

Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Primarily includes goodwill impairment, severance, and other charges related to the exit of the institutional equity research business.

6

CONSOLIDATED SUMMARY RESULTS
Quarterly, Unaudited

																3Q10 Change vs.
(Dollars in thousands, except per share data)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Income Statement Highlights
Net interest income		$186,143			$182,064			$180,395			$189,894			$190,901			2	%		(2	)%
Noninterest income (a)		251,140			248,160			250,201			247,108			302,075			1	%		(17	)%
Securities gains/(losses), net		(2,928	)		75			(1,906	)		(911	)		65		NM			NM
Total revenue		434,355			430,299			428,690			436,091			493,041			1	%		(12	)%
Noninterest expense (a)		347,550			342,041			342,705			390,356			348,223			2	%		*
Provision for loan losses		50,000			70,000			105,000			135,000			185,000			(29	)%		(73	)%
Income/(loss) before income taxes		36,805			18,258			(19,015	)		(89,265	)		(40,182	)		102	%	NM
Provision/(benefit) for income taxes		3,095			(1,826	)		(16,393	)		(38,111	)		(15,368	)	NM			NM
Income/(loss) from continuing operations		33,710			20,084			(2,622	)		(51,154	)		(24,814	)		68	%	NM
Income/(loss) from discontinued operations, net of tax		—			394			(7,271	)		(1,690	)		(10,200	)	NM			NM
Net income/(loss)		33,710			20,478			(9,893	)		(52,844	)		(35,014	)		65	%	NM
Net income attributable to noncontrolling interest		2,875			2,844			2,844			2,839			2,969			1	%		(3	)%
Net income/(loss) attributable to controlling interest		30,835			17,634			(12,737	)		(55,683	)		(37,983	)		75	%	NM
Preferred stock dividends (b)		14,960			14,938			14,918			14,897			14,876			*			1	%
Net income/(loss) available to common shareholders		$15,875			$2,696			$(27,655	)		$(70,580	)		$(52,859	)	NM			NM
Common Stock Data
Diluted EPS from continuing operations (c)		$0.07			$0.01			$(0.09	)		$(0.30	)		$(0.19	)	NM			NM
Diluted EPS (c)		0.07			0.01			(0.12	)		(0.31	)		(0.23	)	NM			NM
Diluted shares (c)		234,614			236,678			230,296			230,285			230,285			*			2	%
Period-end shares outstanding (c)		232,841			232,624			232,374			231,896			231,841			*			*
Stock dividend rate declared per share		1.6567	%		1.2896	%		1.4561	%		1.4971	%		1.5901	%
Balance Sheet Highlights (Period End)
Total loans, net of unearned income (Restricted — $.8 billion)		$17,059,489			$17,154,050			$17,484,224			$18,123,884			$18,524,685			(1	)%		(8	)%
Total deposits (Restricted — $1.1 million)		14,975,920			15,201,816			15,069,700			14,867,215			14,234,983			(1	)%		5	%
Total assets (Restricted — $.8 billion)		25,384,181			26,254,226			25,923,576			26,068,678			26,465,852			(3	)%		(4	)%
Total liabilities (Restricted — $.8 billion)		22,077,293			22,966,993			22,652,634			22,766,210			23,095,643			(4	)%		(4	)%
Total equity		3,306,888			3,287,233			3,270,942			3,302,468			3,370,209			1	%		(2	)%
Asset Quality Highlights
Allowance for loan losses (Restricted — $47.8 million)		$719,899			$781,269			$844,060			$896,914			$944,765			(8	)%		(24	)%
Allowance / period-end loans		4.22	%		4.55	%		4.83	%		4.95	%		5.10	%
Net charge-offs		$111,370			$132,791			$182,432			$182,851			$201,718			(16	)%		(45	)%
Net charge-offs (annualized) / average loans		2.63	%		3.10	%		4.13	%		4.00	%		4.24	%
Non-performing assets (NPA)		$919,242			$899,802			$1,041,214			$1,051,393			$1,220,489			2	%		(25	)%
NPA % (d)		5.00	%		4.92	%		5.63	%		5.56	%		6.38	%
Key Ratios & Other
Return on average assets (annualized)		0.52	%		0.32	%		(0.16	)%		(0.79	)%		(0.52	)%
Return on average common equity (annualized)		2.86	%		0.49	%		(5.10	)%		(12.25	)%		(9.02	)%
Net interest margin		3.23	%		3.19	%		3.19	%		3.19	%		3.14	%
Fee income to total revenue		58	%		58	%		58	%		57	%		61	%
Efficiency ratio		80.02	%		79.49	%		79.94	%		89.51	%		70.63	%
Book value per common share		$9.45			$9.39			$9.35			$9.52			$9.84
Tangible book value per common share (e)		$8.61			$8.54			$8.49			$8.65			$8.89
Adjusted tangible common equity to risk weighted assets (e)		9.49	%		9.21	%		9.09	%		9.06	%		9.06	%
FTE employees		5,506			5,531			5,503			5,731			5,837			*			(6	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Amounts differ from prior periods due to reclassification of amounts related to consumer lending loan repurchases from other income to repurchase and foreclosure provision.
(b)	3Q10 includes $4.2 million amortization of initial discounted book value of CPP preferred.
(c)	Shares restated for stock dividends distributed through October 1, 2010.
(d)	NPAs related to the loan portfolio over period-end loans plus foreclosed real estate and other assets.
(e)	Refer to the Non-GAAP to GAAP Reconciliation on page 32 of this financial supplement.

7

CONSOLIDATED INCOME STATEMENT
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Interest income		$223,165			$220,365			$219,496			$230,991			$236,360			1	%		(6	)%
Less: interest expense		37,022			38,301			39,101			41,097			45,459			(3	)%		(19	)%
Net interest income		186,143			182,064			180,395			189,894			190,901			2	%		(2	)%
Provision for loan losses		50,000			70,000			105,000			135,000			185,000			(29	)%		(73	)%
Net interest income after provision for loan losses		136,143			112,064			75,395			54,894			5,901			21	%	NM
Noninterest income:
Capital markets		114,014			100,876			114,571			117,966			129,043			13	%		(12	)%
Mortgage banking		53,122			63,301			34,884			45,007			59,211			(16	)%		(10	)%
Deposit transactions and cash management		34,911			39,018			35,767			41,176			41,738			(11	)%		(16	)%
Trust services and investment management		7,137			7,839			7,270			7,664			7,347			(9	)%		(3	)%
Brokerage management fees and commissions		6,441			6,032			6,339			6,518			7,315			7	%		(12	)%
Insurance commissions		4,150			4,575			5,183			5,868			5,907			(9	)%		(30	)%
Securities gains/(losses), net (a)		(2,928	)		75			(1,906	)		(911	)		65		NM			NM
Losses on divestitures		—			—			—			(9,183	)		—		NM			NM
Other (b)		31,365			26,519			46,187			32,092			51,514			18	%		(39	)%
Total noninterest income		248,212			248,235			248,295			246,197			302,140			*			(18	)%
Adjusted gross income after provision for loan losses		384,355			360,299			323,690			301,091			308,041			7	%		25	%
Noninterest expense:
Employee compensation, incentives and benefits		174,918			164,915			180,181			163,280			178,734			6	%		(2	)%
Repurchase and foreclosure provision (b)		48,712			56,188			40,707			59,357			24,072			(13	)%		102	%
Operations services		14,952			15,322			14,608			15,046			15,392			(2	)%		(3	)%
Occupancy		14,555			15,658			14,817			17,937			16,207			(7	)%		(10	)%
Legal and professional fees		14,269			18,109			13,974			20,433			17,077			(21	)%		(16	)%
Deposit insurance premium		10,123			9,196			8,493			8,495			8,796			10	%		15	%
Computer software		7,634			7,376			7,166			6,655			6,871			3	%		11	%
Contract employment		7,443			7,274			6,174			9,134			7,956			2	%		(6	)%
Equipment rentals, depreciation, and maintenance		7,233			7,705			6,032			8,744			8,696			(6	)%		(17	)%
Foreclosed real estate		5,159			5,137			10,470			13,144			21,221			*			(76	)%
Communications and courier		5,098			5,893			6,255			6,272			6,837			(13	)%		(25	)%
Miscellaneous loan costs		1,913			4,546			4,112			5,994			4,503			(58	)%		(58	)%
Amortization of intangible assets		1,382			1,382			1,380			1,427			1,445			*			(4	)%
Goodwill impairment		—			—			—			2,294			—		NM			NM
Other		34,159			23,340			28,336			52,144			30,416			46	%		12	%
Total noninterest expense		347,550			342,041			342,705			390,356			348,223			2	%		*
Income/(loss) before income taxes		36,805			18,258			(19,015	)		(89,265	)		(40,182	)		102	%	NM
Provision/(benefit) for income taxes		3,095			(1,826	)		(16,393	)		(38,111	)		(15,368	)	NM			NM
Income/(loss) from continuing operations		$33,710			$20,084			$(2,622	)		$(51,154	)		$(24,814	)		68	%	NM
Income/(loss) from discontinued operations, net of tax		—			394			(7,271	)		(1,690	)		(10,200	)	NM			NM
Net income/(loss)		$33,710			$20,478			$(9,893	)		$(52,844	)		$(35,014	)		65	%	NM
Net income attributable to noncontrolling interest		2,875			2,844			2,844			2,839			2,969			1	%		(3	)%
Net income/(loss) attributable to controlling interest		$30,835			$17,634			$(12,737	)		$(55,683	)		$(37,983	)		75	%	NM
Preferred stock dividends (c)		14,960			14,938			14,918			14,897			14,876			*			1	%
Net income/(loss) available to common shareholders		$15,875			$2,696			$(27,655	)		$(70,580	)		$(52,859	)	NM			NM

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	3Q10 includes net negative fair value adjustments to venture capital investments.
(b)	Amounts differ from prior periods due to reclassification of amounts related to consumer lending loan repurchases from other income to repurchase and foreclosure provision.
(c)	Includes $4.2 million amortization of initial discounted book value of CPP preferred.

8

OTHER INCOME AND OTHER EXPENSE
Quarterly, Unaudited

														3Q10 Change vs.
(Thousands)	3Q10		2Q10			1Q10			4Q09			3Q09		2Q10			3Q09
Other Income
Bank owned life insurance		$5,913		$5,784			$6,469			$5,252			$6,066		2	%		(3	)%
Bankcard income		4,965		5,271			4,548			5,016			5,173		(6	)%		(4	)%
ATM interchange fees		3,532		3,232			3,657			3,697			2,704		9	%		31	%
Other service charges		2,832		2,382			2,383			2,451			2,645		19	%		7	%
Electronic banking fees		1,870		1,887			1,725			1,428			1,465		(1	)%		28	%
Letter of credit fees		1,544		1,802			1,639			1,785			1,476		(14	)%		5	%
Deferred compensation		1,118		(762	)		1,030			466			5,006	NM				(78	)%
Gains/(losses) from loan sales and securitizations		756		928			612			(1,131	)		2,155		(19	)%		(65	)%
Remittance processing		512		575			621			2,280			2,968		(11	)%		(83	)%
Reinsurance fees		344		587			863			1,786			1,760		(41	)%		(80	)%
Gains on repurchase of debt		—		—			17,060			3,552			12,800	NM			NM
Other (a) (b)		7,979		4,833			5,580			5,508			7,296		65	%		9	%
Total (b)		$31,365		$26,519			$46,187			$32,090			$51,514		18	%		(39	)%
Other Expense
Advertising and public relations		$6,587		$5,598			$5,279			$5,567			$5,465		18	%		21	%
Low income housing expense		5,513		5,364			5,466			5,533			5,833		3	%		(5	)%
Other insurance and taxes		3,012		3,672			3,257			3,326			2,924		(18	)%		3	%
Travel and entertainment		2,560		2,686			2,449			2,383			2,139		(5	)%		20	%
Customer relations		1,545		1,838			1,967			1,961			1,610		(16	)%		(4	)%
Employee training and dues		1,166		1,007			1,487			1,083			1,282		16	%		(9	)%
Supplies		1,149		1,100			1,168			1,309			1,570		4	%		(27	)%
Bank examination costs		1,147		1,142			1,142			1,194			1,194		*			(4	)%
Loan insurance expense (c)		903		682			(2,874	)		1,854			1,988		32	%		(55	)%
Federal services fees		520		712			907			1,044			1,307		(27	)%		(60	)%
Other (d)		10,057		(461	)		8,088			26,890			5,104	NM				97	%
Total		$34,159		$23,340			$28,336			$52,144			$30,416		46	%		12	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	3Q10 includes $2.7 million gain from sale of student loans.
(b)	Amounts differ from prior periods due to reclassification of amounts related to consumer lending loan repurchases from other income to repurchase and foreclosure provision.
(c)	1Q10 includes cancellation of an HLTV insurance contract and return of $3.8 million of premiums.
(d)	2Q10 includes $5.0 million reversal of the contingent liability for certain Visa legal matters.

9

CONSOLIDATED PERIOD-END BALANCE SHEET
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Assets
Investment securities		$2,611,460			$2,489,819			$2,697,719			$2,694,468			$2,645,922			5	%		(1	)%
Loans held for sale		414,259			505,237			505,794			452,501			502,687			(18	)%		(18	)%
Loans, net of unearned income (Restricted — $.8 billion)		17,059,489			17,154,050			17,484,224			18,123,884			18,524,685			(1	)%		(8	)%
Federal funds sold and securities purchased under agreements to resell		602,407			602,910			523,237			452,883			622,733			*			(3	)%
Interest bearing cash (a)		266,469			275,148			383,571			539,300			166,352			(3	)%		60	%
Trading securities		1,214,595			1,806,789			964,800			699,900			701,151			(33	)%		73	%
Total earning assets		22,168,679			22,833,953			22,559,345			22,962,936			23,163,530			(3	)%		(4	)%
Cash and due from banks		331,743			364,857			279,730			465,712			328,150			(9	)%		1	%
Capital markets receivables		564,879			828,866			743,514			334,404			797,949			(32	)%		(29	)%
Mortgage servicing rights, net		191,943			201,746			264,959			302,611			289,282			(5	)%		(34	)%
Goodwill		162,180			162,180			162,180			165,528			178,381			*			(9	)%
Other intangible assets, net		34,263			35,645			37,027			38,256			40,498			(4	)%		(15	)%
Premises and equipment, net		311,947			307,452			308,714			313,824			321,788			1	%		(3	)%
Real estate acquired by foreclosure (b)		139,359			122,548			122,060			125,190			111,389			14	%		25	%
Allowance for loan losses (Restricted — $47.8 million)		(719,899	)		(781,269	)		(844,060	)		(896,914	)		(944,765	)		8	%		24	%
Other assets (Restricted — $19.1 million)		2,199,087			2,178,248			2,290,107			2,257,131			2,179,650			1	%		1	%
Total assets (Restricted — $.8 billion)		$25,384,181			$26,254,226			$25,923,576			$26,068,678			$26,465,852			(3	)%		(4	)%
Liabilities and Equity
Deposits
Savings		$5,436,451			$5,385,698			$5,174,901			$4,847,709			$4,416,121			1	%		23	%
Other interest-bearing deposits		3,088,224			3,237,183			3,256,040			3,169,474			2,162,059			(5	)%		43	%
Time deposits		1,473,622			1,545,475			1,642,820			1,895,992			2,156,768			(5	)%		(32	)%
Total interest-bearing core deposits		9,998,297			10,168,356			10,073,761			9,913,175			8,734,948			(2	)%		14	%
Noninterest-bearing deposits (Restricted — $1.1 million)		4,393,107			4,409,505			4,461,050			4,394,096			4,236,704			*			4	%
Total core deposits (c)		14,391,404			14,577,861			14,534,811			14,307,271			12,971,652			*			11	%
Certificates of deposit $100,000 and more		584,516			623,955			534,889			559,944			1,263,331			(6	)%		(54	)%
Total deposits (Restricted — $1.1 million)		14,975,920			15,201,816			15,069,700			14,867,215			14,234,983			(1	)%		5	%
Federal funds purchased and securities sold under agreements to repurchase		2,439,542			2,278,890			2,635,423			2,874,353			2,267,644			7	%		8	%
Trading liabilities		414,666			481,477			357,919			293,387			415,293			(14	)%		*
Other short-term borrowings and commercial paper		193,361			487,449			167,508			761,758			1,739,202			(60	)%		(89	)%
Term borrowings (Restricted — $.8 billion)		2,805,731			2,926,675			2,932,524			2,190,544			2,368,381			(4	)%		18	%
Other collateralized borrowings (d)		—			—			—			700,589			711,087		NM			NM
Total long-term debt		2,805,731			2,926,675			2,932,524			2,891,133			3,079,468			(4	)%		(9	)%
Capital markets payables		379,526			754,079			740,852			292,975			542,829			(50	)%		(30	)%
Other liabilities (Restricted — $.1 million)		868,547			836,607			748,708			785,389			816,224			4	%		6	%
Total liabilities (Restricted — $.8 billion)		22,077,293			22,966,993			22,652,634			22,766,210			23,095,643			(4	)%		(4	)%
Equity
Common stock		145,526			143,021			141,048			138,738			136,659			2	%		6	%
Capital surplus		1,344,307			1,296,484			1,251,776			1,208,649			1,170,916			4	%		15	%
Capital surplus common stock warrant — (CPP)		83,860			83,860			83,860			83,860			83,860			*			*
Undivided profits		737,014			767,769			809,624			891,580			1,005,244			(4	)%		(27	)%
Accumulated other comprehensive loss, net		(109,958	)		(105,922	)		(113,291	)		(114,209	)		(116,265	)		(4	)%		5	%
Preferred stock capital surplus — (CPP)		810,974			806,856			802,760			798,685			794,630			1	%		2	%
Noncontrolling interest		295,165			295,165			295,165			295,165			295,165			*			*
Total equity		3,306,888			3,287,233			3,270,942			3,302,468			3,370,209			1	%		(2	)%
Total liabilities and equity		$25,384,181			$26,254,226			$25,923,576			$26,068,678			$26,465,852			(3	)%		(4	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes excess balances held at Fed.
(b)	3Q10 includes $15.9 million of foreclosed assets related to government insured mortgages.
(c)	3Q10 average core deposits were $14.8 billion.
(d)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption amendments to ASC 810.

10

CONSOLIDATED AVERAGE AND PERIOD-END LOANS
Quarterly, Unaudited

											3Q10 Change vs.
(Thousands)	3Q10		2Q10		1Q10		4Q09		3Q09		2Q10			3Q09
Average Loans (Net)
Commercial
Commercial, financial and industrial (a)		$7,012,131		$6,719,521		$6,733,461		$6,950,869		$7,116,039		4	%		(1	)%
Real estate commercial (b)		1,392,171		1,420,466		1,457,865		1,515,861		1,535,943		(2	)%		(9	)%
Real estate construction (c)		545,271		692,041		857,426		1,066,399		1,245,618		(21	)%		(56	)%
Total commercial loans		8,949,573		8,832,028		9,048,752		9,533,129		9,897,600		1	%		(10	)%
Retail
Real estate residential (d)		6,859,139		7,049,549		7,259,916		7,469,502		7,674,360		(3	)%		(11	)%
Real estate construction (e)		41,196		74,232		166,806		287,856		460,742		(45	)%		(91	)%
Other retail		108,612		113,164		118,569		123,628		127,483		(4	)%		(15	)%
Credit card receivables		189,178		187,520		185,768		189,586		186,765		1	%		1	%
Restricted real estate loans (f)		818,149		853,568		890,376		663,497		676,339		(4	)%		21	%
Total retail loans		8,016,274		8,278,033		8,621,435		8,734,069		9,125,689		(3	)%		(12	)%
Total loans, net of unearned income		$16,965,847		$17,110,061		$17,670,187		$18,267,198		$19,023,289		(1	)%		(11	)%
Period-End Loans (Net)
Commercial
Commercial, financial and industrial (a)		$7,336,460		$7,014,080		$6,865,577		$7,159,370		$6,920,916		5	%		6	%
Real estate commercial (b)		1,386,627		1,400,233		1,430,801		1,479,888		1,537,099		(1	)%		(10	)%
Real estate construction (c)		456,566		596,255		761,900		924,475		1,130,710		(23	)%		(60	)%
Total commercial loans		9,179,653		9,010,568		9,058,278		9,563,733		9,588,725		2	%		(4	)%
Retail
Real estate residential (d)		6,756,942		6,954,423		7,152,059		7,362,458		7,590,699		(3	)%		(11	)%
Real estate construction (e)		30,375		53,460		105,375		229,487		361,930		(43	)%		(92	)%
Other retail		104,772		112,616		114,429		121,526		124,376		(7	)%		(16	)%
Credit card receivables		191,218		189,153		183,656		192,036		189,452		1	%		1	%
Restricted real estate loans (f)		796,529		833,830		870,427		654,644		669,503		(4	)%		19	%
Total retail loans		7,879,836		8,143,482		8,425,946		8,560,151		8,935,960		(3	)%		(12	)%
Total loans, net of unearned income		$17,059,489		$17,154,050		$17,484,224		$18,123,884		$18,524,685		(1	)%		(8	)%

*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes loans to bank holding companies, trust preferred loans, and mortgage warehouse lending.
(b)	Includes nonconstruction income property loans.
(c)	Includes home builder, condominium, and income property construction loans.
(d)	Includes home equity loans, home equity lines of credit, and permanent mortgages.
(e)	Includes one-time close product.
(f)	Prior to 1Q10, includes on balance sheet securitizations of home equity loans. Beginning 1Q10, also includes loans consolidated due to the adoption of amendments to ASC 810.

11

CONSOLIDATED AVERAGE BALANCE SHEET
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Assets:
Earning assets:
Loans, net of unearned income (Restricted — $.8 billion) (a)		$16,965,847			$17,110,061			$17,670,187			$18,267,198			$19,023,289			(1	)%		(11	)%
Loans held for sale		481,317			493,225			490,626			469,803			470,583			(2	)%		2	%
Investment securities:
U.S. Treasuries		68,570			77,488			74,501			54,836			48,382			(12	)%		42	%
U.S. government agencies		2,198,754			2,223,153			2,282,005			2,253,498			2,330,247			(1	)%		(6	)%
States and municipalities		41,756			42,076			43,194			44,499			46,105			(1	)%		(9	)%
Other		244,766			265,918			283,476			299,273			313,632			(8	)%		(22	)%
Total investment securities		2,553,846			2,608,635			2,683,176			2,652,106			2,738,366			(2	)%		(7	)%
Capital markets securities inventory		1,338,535			1,085,816			880,448			959,678			857,382			23	%		56	%
Mortgage banking trading securities		37,814			50,423			57,105			93,354			123,698			(25	)%		(69	)%
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		572,078			624,892			620,832			681,501			561,920			(8	)%		2	%
Interest bearing cash (b)		1,095,006			982,410			481,259			618,011			418,549			11	%		162	%
Total other earning assets		1,667,084			1,607,302			1,102,091			1,299,512			980,469			4	%		70	%
Total earning assets		23,044,443			22,955,462			22,883,633			23,741,651			24,193,787			*			(5	)%
Allowance for loan losses (Restricted — $48.9 million)		(778,326	)		(821,652	)		(906,970	)		(937,967	)		(985,785	)		5	%		21	%
Cash and due from banks (Restricted — $2.7 million)		363,445			367,796			415,990			400,763			418,382			(1	)%		(13	)%
Capital markets receivables		161,239			127,331			125,459			127,458			170,915			27	%		(6	)%
Premises and equipment, net		309,713			307,078			311,822			318,237			324,162			1	%		(4	)%
Other assets (Restricted — $19.5 million)		2,657,126			2,664,563			2,729,474			2,755,425			2,726,368			*			(3	)%
Total assets (Restricted — $.8 billion)		$25,757,640			$25,600,578			$25,559,408			$26,405,567			$26,847,829			1	%		(4	)%
Liabilities and equity:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		$3,008,241			$3,277,859			$3,105,164			$2,407,544			$2,073,658			(8	)%		45	%
Savings		5,782,596			5,424,462			4,881,791			4,559,086			4,583,064			7	%		26	%
Time deposits		1,505,267			1,591,048			1,853,591			2,153,346			2,157,904			(5	)%		(30	)%
Total interest-bearing core deposits		10,296,104			10,293,369			9,840,546			9,119,976			8,814,626			*			17	%
Certificates of deposit $100,000 and more		617,560			603,952			532,532			1,068,807			1,384,475			2	%		(55	)%
Federal funds purchased and securities sold under agreements to repurchase		2,523,719			2,521,758			2,800,856			2,679,348			2,484,470			*			2	%
Capital markets trading liabilities		520,046			565,709			589,886			598,772			478,103			(8	)%		9	%
Other short-term borrowings and commercial paper		199,588			167,966			337,966			1,235,576			1,842,458			19	%		(89	)%
Long-term debt:
Term borrowings (Restricted — $.8 billion)		2,913,979			2,921,627			2,969,859			2,274,954			2,386,129			*			22	%
Other collateralized borrowings (c)		—			—			—			707,245			716,843		NM			NM
Total long-term debt		2,913,979			2,921,627			2,969,859			2,982,199			3,102,972			*			(6	)%
Total interest-bearing liabilities		17,070,996			17,074,381			17,071,645			17,684,678			18,107,104			*			(6	)%
Noninterest-bearing deposits (Restricted — $1.4 million)		4,454,907			4,394,187			4,375,034			4,489,902			4,444,556			1	%		*
Capital markets payables		124,008			99,782			90,015			89,015			98,099			24	%		26	%
Other liabilities		799,734			736,822			727,433			764,170			785,674			9	%		2	%
Equity		3,307,995			3,295,406			3,295,281			3,377,802			3,412,396			*			(3	)%
Total liabilities and equity		$25,757,640			$25,600,578			$25,559,408			$26,405,567			$26,847,829			1	%		(4	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes loans on nonaccrual status.
(b)	Includes excess balances held at Fed.
(c)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

12

CONSOLIDATED AVERAGE BALANCE SHEET: INCOME AND EXPENSE
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Assets:
Earning assets:
Loans, net of unearned income (a)		$177,059			$173,900			$173,663			$181,672			$185,045			2	%		(4	)%
Loans held for sale		4,747			5,565			4,968			5,682			5,820			(15	)%		(18	)%
Investment securities:
U.S. Treasuries		117			93			168			240			238			26	%		(51	)%
U.S. government agencies		24,181			26,524			28,470			28,996			30,553			(9	)%		(21	)%
States and municipalities		188			114			123			174			154			65	%		22	%
Other		2,410			2,395			2,430			2,436			2,603			1	%		(7	)%
Total investment securities		26,896			29,126			31,191			31,846			33,548			(8	)%		(20	)%
Capital markets securities inventory		13,479			10,475			8,258			9,172			7,972			29	%		69	%
Mortgage banking trading securities		936			1,041			1,535			2,571			3,852			(10	)%		(76	)%
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		169			186			57			92			119			(9	)%		42	%
Interest bearing cash		669			599			260			351			236			12	%		183	%
Total other earning assets		838			785			317			443			355			7	%		136	%
Total earning assets/interest income		$223,955			$220,892			$219,932			$231,386			$236,592			1	%		(5	)%
Liabilities:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		$1,959			$2,654			$2,518			$1,732			$1,316			(26	)%		49	%
Savings		7,975			8,095			7,418			7,065			7,553			(1	)%		6	%
Time deposits		9,355			9,895			10,593			12,363			13,980			(5	)%		(33	)%
Total interest-bearing core deposits		19,289			20,644			20,529			21,160			22,849			(7	)%		(16	)%
Certificates of deposit $100,000 and more		3,324			3,414			3,375			4,473			5,809			(3	)%		(43	)%
Federal funds purchased and securities sold under agreements to repurchase		1,519			1,482			1,584			1,493			1,287			2	%		18	%
Capital markets trading liabilities		4,127			5,043			5,415			5,445			4,691			(18	)%		(12	)%
Other short-term borrowings and commercial paper		308			265			338			1,016			1,362			16	%		(77	)%
Long-term debt:
Term borrowings		8,456			7,454			7,860			6,554			8,396			13	%		1	%
Other collateralized borrowings (b)		—			—			—			957			1,065		NM			NM
Total long-term debt		8,456			7,454			7,860			7,511			9,461			13	%		(11	)%
Total interest-bearing liabilities/interest expense		$37,023			$38,302			$39,101			$41,098			$45,459			(3	)%		(19	)%
Net interest income-tax equivalent basis		$186,932			$182,590			$180,831			$190,288			$191,133			2	%		(2	)%
Fully taxable equivalent adjustment		(789	)		(526	)		(436	)		(394	)		(232	)		(50	)%	NM
Net interest income		$186,143			$182,064			$180,395			$189,894			$190,901			2	%		(2	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
Income amounts are adjusted to a fully taxable equivalent. Earning assets income is expressed net of unearned income.
(a)	Includes loans on nonaccrual status.
(b)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

13

CONSOLIDATED AVERAGE BALANCE SHEET: YIELDS AND RATES
Quarterly, Unaudited

(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09
Assets:
Earning assets:
Loans, net of unearned income (a)		4.14	%		4.08	%		3.98	%		3.95	%		3.86	%
Loans held for sale		3.95			4.51			4.05			4.84			4.95
Investment securities:
U.S. Treasuries		0.68			0.48			0.91			1.74			1.95
U.S. government agencies		4.40			4.77			4.99			5.15			5.24
States and municipalities		1.80			1.08			1.14			1.57			1.34
Other		3.94			3.60			3.43			3.26			3.32
Total investment securities (b)		4.21			4.47			4.65			4.80			4.90
Capital markets securities inventory		4.03			3.86			3.75			3.82			3.72
Mortgage banking trading securities		9.90			8.26			10.75			11.02			12.46
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		0.12			0.12			0.04			0.05			0.08
Interest bearing cash		0.24			0.24			0.22			0.22			0.22
Total other earning assets		0.20			0.20			0.12			0.14			0.14
Total earning assets / interest income		3.87	%		3.86	%		3.88	%		3.88	%		3.89	%
Liabilities:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		0.26	%		0.32	%		0.33	%		0.29	%		0.25	%
Savings		0.55			0.60			0.62			0.61			0.65
Time deposits		2.47			2.49			2.32			2.28			2.57
Total interest-bearing core deposits		0.74			0.80			0.85			0.92			1.03
Certificates of deposit $100,000 and more		2.14			2.27			2.57			1.66			1.66
Federal funds purchased and securities sold under agreements to repurchase		0.24			0.24			0.23			0.22			0.21
Capital markets trading liabilities		3.15			3.58			3.72			3.61			3.89
Other short-term borrowings and commercial paper		0.61			0.63			0.41			0.33			0.29
Long-term debt:
Term borrowings		1.62			1.02			1.06			1.15			1.41
Other collateralized borrowings (c)		—			—			—			0.54			0.59
Total long-term debt		1.16			1.02			1.06			1.01			1.22
Total interest-bearing liabilities / interest expense		0.86	%		0.90	%		0.93	%		0.92	%		1.00	%
Net interest spread		3.01	%		2.96	%		2.95	%		2.96	%		2.89	%
Effect of interest-free sources used to fund earning assets		0.22			0.23			0.24			0.23			0.25
Net interest margin		3.23	%		3.19	%		3.19	%		3.19	%		3.14	%

Certain previously reported amounts have been reclassified to agree with current presentation.
Yields are adjusted to a fully taxable equivalent.
Earning assets yields are expressed net of unearned income.
Rates are expressed net of unamortized debenture cost for long-term debt.
Net interest margin is computed using total net interest income.
(a)	Includes loans on nonaccrual status.
(b)	As of September 30, 2010, the average estimated duration of the investment portfolio was 2.5 years.
(c)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

14

MORTGAGE SERVICING RIGHTS
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
First Liens
Fair value beginning balance		$197,953			$261,083			$296,115			$281,045			$318,937			(24	)%		(38	)%
Adjustment due to adoption of amendments to ASC 810		—			—			(197	)		—			—
Reductions due to loan payments		(8,752	)		(7,238	)		(8,793	)		(10,198	)		(12,265	)
Reductions due to sale		—			(24,558	)		—			—			—
Reclassification from trading securities		—			—			—			—			11,077
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		385			(31,398	)		(26,968	)		25,323			(36,724	)
Other changes in fair value		(1,189	)		64			926			(55	)		20
Fair value ending balance		$188,397			$197,953			$261,083			$296,115			$281,045			(5	)%		(33	)%
Second Liens
Fair value beginning balance		$242			$242			$1,174			$1,850			$10,007			*			(98	)%
Adjustment due to adoption of amendments to ASC 810		—			—			(928	)		—			—
Reductions due to loan payments		(8	)		(9	)		(7	)		(676	)		(441	)
Reductions due to sale		—			—			—			—			(8,134	)
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		—			—			—			—			—
Other changes in fair value		16			9			3			—			418
Fair value ending balance		$250			$242			$242			$1,174			$1,850			3	%		(86	)%
HELOC
Fair value beginning balance		$3,551			$3,634			$5,322			$6,387			$8,152			(2	)%		(56	)%
Adjustment due to adoption of amendments to ASC 810		—			—			(1,168	)		—			—
Reductions due to loan payments		(514	)		(90	)		(521	)		(1,113	)		(510	)
Reductions due to sale		—			—			—			—			(1,548	)
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		—			—			—			—			—
Other changes in fair value		259			7			1			48			293
Fair value ending balance		$3,296			$3,551			$3,634			$5,322			$6,387			(7	)%		(48	)%
Total Consolidated
Fair value beginning balance		$201,746			$264,959			$302,611			$289,282			$337,096			(24	)%		(40	)%
Adjustment due to adoption of amendments to ASC 810		—			—			(2,293	)		—			—
Reductions due to loan payments		(9,274	)		(7,337	)		(9,321	)		(11,987	)		(13,216	)
Reductions due to sale		—			(24,558	)		—			—			(9,682	)
Reclassification from trading securities		—			—			—			—			11,077
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		385			(31,398	)		(26,968	)		25,323			(36,724	)
Other changes in fair value		(914	)		80			930			(7	)		731
Fair value ending balance		$191,943			$201,746			$264,959			$302,611			$289,282			(5	)%		(34	)%

*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Principally reflects changes in discount rates and prepayment speed assumptions, mostly due to changes in interest rates.

15

BUSINESS SEGMENT HIGHLIGHTS
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Regional Banking
Total revenues (a)		$220,047			$217,003			$209,270			$222,280			$220,889			1	%		*
Provision for loan losses		10,304			27,975			52,047			46,557			96,431			(63	)%		(89	)%
Noninterest expenses		161,424			159,370			161,783			157,631			172,409			1	%		(6	)%
Income/(loss) before income taxes		48,319			29,658			(4,560	)		18,092			(47,951	)		63	%	NM
Provision/(benefit) for income taxes		17,540			10,748			(2,039	)		6,555			(18,202	)		63	%	NM
Net income/(loss)		$30,779			$18,910			$(2,521	)		$11,537			$(29,749	)		63	%	NM
Capital Markets
Total revenues (a)		$122,623			$105,754			$116,928			$121,320			$132,115			16	%		(7	)%
Noninterest expenses		79,522			78,138			83,994			75,069			80,278			2	%		(1	)%
Income before income taxes		43,101			27,616			32,934			46,251			51,837			56	%		(17	)%
Provision for income taxes		16,176			10,339			12,330			17,344			19,488			56	%		(17	)%
Net income		$26,925			$17,277			$20,604			$28,907			$32,349			56	%		(17	)%
Corporate
Total revenues (a)		$5,535			$6,189			$30,926			$17,457			$33,163			(11	)%		(83	)%
Noninterest expenses		19,463			11,745			20,235			32,794			17,820			66	%		9	%
Income/(loss) before income taxes		(13,928	)		(5,556	)		10,691			(15,337	)		15,343			(151	)%	NM
Provision/(benefit) for income taxes		(15,290	)		(10,306	)		(4,799	)		(9,910	)		5,732			(48	)%	NM
Net income/(loss)		$1,362			$4,750			$15,490			$(5,427	)		$9,611			(71	)%		(86	)%
Non-Strategic
Total revenues (a) (b)		$86,150			$101,353			$71,566			$75,034			$106,874			(15	)%		(19	)%
Provision for loan losses		39,696			42,025			52,953			88,443			88,569			(6	)%		(55	)%
Noninterest expenses (b)		87,141			92,788			76,693			124,862			77,716			(6	)%		12	%
Loss before income taxes		(40,687	)		(33,460	)		(58,080	)		(138,271	)		(59,411	)		(22	)%		32	%
Benefit for income taxes		(15,331	)		(12,607	)		(21,885	)		(52,100	)		(22,386	)		(22	)%		32	%
Net loss from continuing operations		(25,356	)		(20,853	)		(36,195	)		(86,171	)		(37,025	)		(22	)%		32	%
Income/(loss) from discontinued operations, net of tax		—			394			(7,271	)		(1,690	)		(10,200	)	NM			NM
Net loss		$(25,356	)		$(20,459	)		$(43,466	)		$(87,861	)		$(47,225	)		(24	)%		46	%
Total Consolidated
Total revenues (a) (b)		$434,355			$430,299			$428,690			$436,091			$493,041			1	%		(12	)%
Provision for loan losses		50,000			70,000			105,000			135,000			185,000			(29	)%		(73	)%
Noninterest expenses (b)		347,550			342,041			342,705			390,356			348,223			2	%		*
Income/(loss) before income taxes		36,805			18,258			(19,015	)		(89,265	)		(40,182	)	NM			NM
Provision/(benefit) for income taxes		3,095			(1,826	)		(16,393	)		(38,111	)		(15,368	)	NM			NM
Net income/(loss) from continuing operations		33,710			20,084			(2,622	)		(51,154	)		(24,814	)		68	%	NM
Income/(loss) from discontinued operations, net of tax		—			394			(7,271	)		(1,690	)		(10,200	)	NM			NM
Net income/(loss)		$33,710			$20,478			$(9,893	)		$(52,844	)		$(35,014	)		65	%	NM

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes noninterest income and net interest income.
(b)	Amounts differ from prior periods due to reclassification of amounts related to consumer lending loan repurchases from other income to repurchase and foreclosure provision.

16

REGIONAL BANKING
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Income Statement
Net interest income		$142,567			$137,697			$133,360			$140,390			$137,773			4	%		3	%
Noninterest income		77,480			79,306			75,910			81,890			83,116			(2	)%		(7	)%
Total revenues		220,047			217,003			209,270			222,280			220,889			1	%		*
Noninterest expense		161,424			159,370			161,783			157,631			172,409			1	%		(6	)%
Provision for loan losses		10,304			27,975			52,047			46,557			96,431			(63	)%		(89	)%
Income/(loss) before income taxes		$48,319			$29,658			$(4,560	)		$18,092			$(47,951	)		63	%	NM
Efficiency ratio		73.36	%		73.44	%		77.31	%		70.92	%		78.05	%
Balance Sheet (millions)
Average loans		$10,863			$10,648			$10,765			$11,106			$11,362			2	%		(4	)%
Average other earning assets		201			205			174			156			160			(2	)%		26	%
Total average earning assets		11,064			10,853			10,939			11,262			11,522			2	%		(4	)%
Average core deposits		12,353			12,530			12,163			11,290			10,808			(1	)%		14	%
Average other deposits		605			591			520			642			876			2	%		(31	)%
Total average deposits		12,958			13,121			12,683			11,932			11,684			(1	)%		11	%
Total period end deposits		12,911			13,047			12,888			12,554			11,553			(1	)%		12	%
Total period end assets		$11,915			$11,715			$11,421			$11,955			$11,724			2	%		2	%
Net interest margin		5.11	%		5.09	%		4.94	%		4.95	%		4.74	%
Loan yield		4.12			4.05			4.02			3.98			3.95
Deposit average yield		0.65			0.69			0.73			0.80			0.90
Noninterest Income Detail (thousands)
NSF / overdraft fees		$14,120			$17,825			$15,194			$20,652			$21,453			(21	)%		(34	)%
Cash management fees		9,509			9,945			10,160			10,226			9,975			(4	)%		(5	)%
Debit card income		6,781			6,788			6,423			6,317			6,200			*			9	%
Other		4,241			4,214			3,761			3,516			3,644			1	%		16	%
Total deposit transactions and cash management		34,651			38,772			35,538			40,711			41,272			(11	)%		(16	)%
Insurance commissions		4,173			4,892			5,132			4,726			5,020			(15	)%		(17	)%
Trust services and investment management		7,165			7,862			7,290			7,685			7,368			(9	)%		(3	)%
Bankcard income		4,537			4,813			4,079			4,460			4,487			(6	)%		1	%
Mortgage banking		3,997			3,645			3,508			4,204			4,819			10	%		(17	)%
Other service charges		3,510			3,171			3,381			3,345			3,813			11	%		(8	)%
Miscellaneous revenue		19,447			16,151			16,982			16,759			16,337			20	%		19	%
Total noninterest income		$77,480			$79,306			$75,910			$81,890			$83,116			(2	)%		(7	)%
Key Statistics
Locations
Financial centers		182			182			182			183			183			*			(1	)%
Full service		167			167			167			168			168			*			(1	)%
Teller-only		15			15			15			15			15			*			*
Trust assets
Total assets (millions)		$9,947			$9,315			$9,359			$9,574			$9,705			7	%		2	%
Total managed assets (millions)		4,892			4,920			4,580			4,728			4,736			(1	)%		3	%
Mortgage production
First lien production (millions)		$225			$176			$185			$192			$234			28	%		(4	)%

NM — Not meaningful

*   Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

17

CAPITAL MARKETS
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Income Statement
Net interest income		$8,535			$4,779			$2,322			$3,333			$3,009			79	%		184	%
Noninterest income:
Fixed income		106,908			91,849			105,270			110,985			120,528			16	%		(11	)%
Other		7,180			9,126			9,336			7,002			8,578			(21	)%		(16	)%
Total noninterest income		114,088			100,975			114,606			117,987			129,106			13	%		(12	)%
Total revenues		122,623			105,754			116,928			121,320			132,115			16	%		(7	)%
Noninterest expense		79,522			78,138			83,994			75,069			80,278			2	%		(1	)%
Income before income taxes		$43,101			$27,616			$32,934			$46,251			$51,837			56	%		(17	)%
Efficiency ratio		64.85	%		73.89	%		71.83	%		61.88	%		60.76	%
Fixed income average daily revenue		$1,670			$1,458			$1,726			$1,790			$1,883			15	%		(11	)%
Balance Sheet (millions)
Average trading inventory (a)		$1,339			$1,086			$880			$960			$857			23	%		56	%
Average other earning assets		553			607			626			668			541			(9	)%		2	%
Average total earning assets		1,892			1,693			1,506			1,628			1,398			12	%		35	%
Total period end assets (a)		2,644			3,419			2,399			1,672			2,269			(23	)%		17	%
Net interest margin		1.79	%		1.13	%		0.62	%		0.81	%		0.85	%

Certain previously reported amounts have been reclassified to agree with current presentation.

(a) 2Q10 period end assets include $621.6 million of trading loans which were sold in 3Q10; these loans comprise $261.4 million of the increase in average trading inventory in 3Q10.

18

CORPORATE
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Income Statement
Net interest income		$(2,373	)		$1,581			$6,037			$7,697			$8,494		NM				(128	)%
Noninterest income		7,908			4,609			25,077			9,820			24,669			72	%		(68	)%
Securities losses, net		—			(1	)		(188	)		(60	)		—		NM			NM
Total revenues		5,535			6,189			30,926			17,457			33,163			(11	)%		(83	)%
Noninterest expense		19,463			11,745			20,235			32,794			17,820			66	%		9	%
Income/(loss) before income taxes		$(13,928	)		$(5,556	)		$10,691			$(15,337	)		$15,343			(151	)%	NM
Average Balance Sheet (millions)
Total earning assets		$3,572			$3,502			$3,042			$3,150			$3,000			2	%		19	%
Net interest margin		(0.26	)%		0.18	%		0.80	%		0.97	%		1.12	%

NM — Not meaningful

*   Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

19

NON-STRATEGIC
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Income Statement
Net interest income		$37,413			$38,008			$38,676			$38,474			$41,626			(2	)%		(10	)%
Noninterest income (a)		51,664			63,270			34,608			37,411			65,183			(18	)%		(21	)%
Securities gains/(losses), net		(2,927	)		75			(1,718	)		(851	)		65		NM			NM
Total revenues		86,150			101,353			71,566			75,034			106,874			(15	)%		(19	)%
Noninterest expense (a)		87,141			92,788			76,693			124,862			77,716			(6	)%		12	%
Provision for loan losses		39,696			42,025			52,953			88,443			88,569			(6	)%		(55	)%
Loss before income taxes		$(40,687	)		$(33,460	)		$(58,080	)		$(138,271	)		$(59,411	)		(22	)%		32	%
Average Balance Sheet (millions)
Loans		$6,101			$6,461			$6,902			$7,154			$7,659			(6	)%		(20	)%
Loans held for sale		304			312			317			333			339			(3	)%		(10	)%
Trading securities		38			50			57			93			125			(24	)%		(70	)%
Mortgage servicing rights		195			242			275			283			321			(19	)%		(39	)%
Other assets		286			245			247			322			243			17	%		18	%
Total assets		6,924			7,310			7,798			8,185			8,687			(5	)%		(20	)%
Escrow balances		564			565			583			803			923			*			(39	)%
Net interest margin		2.28	%		2.21	%		2.12	%		1.98	%		2.00	%
Noninterest Expense Detail (thousands)
Repurchase and foreclosure provision (a)		$48,714			$56,186			$40,707			$59,358			$24,072			(13	)%		102	%
Salaries and benefits		2,889			3,130			4,724			7,801			8,348			(8	)%		(65	)%
Contract labor and outsourcing		4,091			4,135			4,134			6,087			5,062			(1	)%		(19	)%
Equipment and occupancy		1,145			2,784			1,202			5,137			2,097			(59	)%		(45	)%
Other expenses		30,302			26,553			25,926			46,479			38,137			14	%		(21	)%
Total noninterest expense		$87,141			$92,788			$76,693			$124,862			$77,716			(6	)%		12	%
Mortgage warehouse (millions)
Ending warehouse balance (loans held for sale)		$303			$306			$309			$307			$333			(1	)%		(9	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Amounts differ from prior periods due to reclassification of amounts related to consumer lending loan repurchases from other income to repurchase and foreclosure provision.

20

NON-STRATEGIC: SERVICING (a)
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Servicing Income
Service fees		$21,351			$25,977			$27,677			$27,864			$29,668			(18	)%		(28	)%
Change in MSR value — runoff		(8,752	)		(7,238	)		(8,816	)		(10,199	)		(12,009	)		(21	)%		27	%
Net hedging results		31,824			44,099			10,905			24,153			30,783			(28	)%		3	%
Total servicing income		$44,423			$62,838			$29,766			$41,818			$48,442			(29	)%		(8	)%
Key Servicing Metrics (millions)
Beginning servicing portfolio		$31,907			$38,978			$40,616			$44,233			$46,453
Additions to portfolio, net of REO transfers		(409	)		(440	)		(373	)		(433	)		(385	)
Prepayments		(1,229	)		(977	)		(993	)		(1,321	)		(1,551	)
Amortization		(230	)		(243	)		(272	)		(280	)		(284	)
Service release sales		—			—			—			—			—
Bulk sale		(316	)		(5,411	)		—			(1,583	)		—
Ending servicing portfolio (owned)		$29,723			$31,907			$38,978			$40,616			$44,233			(7	)%		(33	)%
Average servicing portfolio (owned)		$30,523			$34,252			$39,543			$42,069			$44,906			(11	)%		(32	)%
Average loans serviced (#)		170,931			193,795			224,374			247,113			272,855			(12	)%		(37	)%
Portfolio Product Mix (Average)
GNMA		3	%		3	%		2	%		2	%		2	%
FNMA/FHLMC		50	%		52	%		57	%		54	%		51	%
Private		45	%		43	%		39	%		43	%		46	%
Sub-Total		98	%		98	%		98	%		99	%		99	%
Warehouse		2	%		2	%		2	%		1	%		1	%
Total		100	%		100	%		100	%		100	%		100	%
Other Portfolio Statistics
Net service fees — annualized (bps)		25			28			25			24			24
Total service fees — annualized (bps)		28			30			28			26			26
Ancillary income per loan (annualized)		$71.24			$62.46			$69.93			$65.12			$61.03			14	%		17	%
Servicing cost per loan (annualized)		$33.34			$54.81			$29.73			$34.41			$104.75			(39	)%		(68	)%
Average servicing asset (millions)		195			242			275			283			321
Servicing book value (bps)		64			71			70			67			71
90+ Delinquency rate, excluding foreclosures (b)		8.66	%		8.39	%		9.99	%		9.53	%		8.38	%
Change in MSR asset / average servicing asset		43	%		66	%		4	%		6	%		21	%
Run-off rate — annualized		13	%		8	%		7	%		9	%		11	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes servicing of first liens, second liens, and HELOC.
(b)	Excludes delinquency rate of second liens and HELOC.

21

CAPITAL HIGHLIGHTS
Quarterly, Unaudited

																3Q10 Change vs.
(Dollars in thousands, except per share amounts)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Tier 1 capital (a) (b)		$3,526,045			$3,499,759			$3,484,847			$3,507,782			$3,563,650			1	%		(1	)%
Tier 2 capital (a)		942,583			947,841			1,020,984			1,183,230			1,191,329			(1	)%		(21	)%
Total capital (a)		$4,468,628			$4,447,600			$4,505,831			$4,691,012			$4,754,979			*			(6	)%
Risk weighted assets (a)		$20,478,067			$20,837,537			$21,022,369			$21,400,408			$21,999,518			(2	)%		(7	)%
Tier 1 ratio (a)		17.22	%		16.80	%		16.58	%		16.39	%		16.20	%
Tier 2 ratio (a)		4.60			4.54			4.85			5.53			5.41
Total capital ratio (a)		21.82	%		21.34	%		21.43	%		21.92	%		21.61	%
Tier 1 common ratio (a) (c)		10.35	%		10.07	%		9.93	%		9.88	%		9.88	%
Leverage ratio (a)		13.76	%		13.74	%		13.71	%		13.36	%		13.34	%
Shareholders’ equity/assets ratio (d)		13.03	%		12.52	%		12.62	%		12.67	%		12.73	%
Adjusted tangible common equity/RWA (a) (c) (e)		9.49	%		9.21	%		9.09	%		9.06	%		9.06	%
Tangible common equity/tangible assets (b)		7.96	%		7.63	%		7.67	%		7.75	%		7.85	%
Tangible book value per common share (b) (f)		$8.61			$8.54			$8.49			$8.65			$8.89
Book value per common share (f)		$9.45			$9.39			$9.35			$9.52			$9.84

*   Amount is less than one percent
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Current quarter is an estimate.
(b)	Includes $300 million of tier 1 qualifying trust preferred securities.
(c)	Refer to the Non-GAAP to GAAP Reconciliation on page 32 of this financial supplement.
(d)	Calculated on period-end balances.
(e)	See Glossary of Terms for definition of ratios.
(f)	Shares restated for stock dividends distributed through October 1, 2010.

22

ASSET QUALITY: CONSOLIDATED
Quarterly, Unaudited

																3Q10 Change vs.
(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Allowance for Loan Losses Walk-Forward
Beginning reserve		$781,269			$844,060			$896,914			$944,765			$961,482			(7	)%		(19	)%
Adjustment due to amendments of ASC 810 (a)		—			—			24,578			—			—		NM			NM
Provision		50,000			70,000			105,000			135,000			185,000			(29	)%		(73	)%
Charge-offs		(125,801	)		(145,988	)		(193,955	)		(196,908	)		(212,561	)		14	%		41	%
Recoveries		14,431			13,197			11,523			14,057			10,844			9	%		33	%
Ending balance (Restricted — $47.8 million) (b)		$719,899			$781,269			$844,060			$896,914			$944,765			(8	)%		(24	)%
Reserve for remaining unfunded commitments		13,838			16,077			18,737			19,685			20,308			(14	)%		(32	)%
Total allowance for loan losses plus reserve for unfunded commitments		$733,737			$797,346			$862,797			$916,599			$965,073			(8	)%		(24	)%
Allowance for Loan Losses
Regional Banking		$382,246			$411,537			$420,922			$427,907			$435,126			(7	)%		(12	)%
Non-Strategic		337,653			369,732			423,139			469,008			509,639			(9	)%		(34	)%
Total allowance for loan losses		$719,899			$781,269			$844,061			$896,915			$944,765			(8	)%		(24	)%
Nonperforming Assets
Regional Banking
Nonperforming loans		$358,176			$321,394			$329,600			$271,021			$318,309			11	%		13	%
Foreclosed real estate		38,771			28,412			27,935			29,862			17,176			36	%		126	%
Total Regional Banking		$396,947			$349,806			$357,535			$300,883			$335,485			13	%		18	%
Non-Strategic
Nonperforming loans — including held for sale (c)		$437,595			$469,136			$598,607			$666,663			$801,410			(7	)%		(45	)%
Foreclosed real estate		84,700			80,860			85,072			83,847			83,594			5	%		1	%
Total Non-Strategic		$522,295			$549,996			$683,679			$750,510			$885,004			(5	)%		(41	)%
Total nonperforming assets		$919,242			$899,802			$1,041,214			$1,051,393			$1,220,489			2	%		(25	)%
Net Charge-Offs
Regional Banking		$39,595			$37,359			$59,032			$53,777			$53,866			6	%		(26	)%
Non-Strategic		71,775			95,432			123,400			129,074			147,852			(25	)%		(51	)%
Total net charge-offs		$111,370			$132,791			$182,432			$182,851			$201,718			(16	)%		(45	)%
Consolidated Key Ratios (d)
NPL %		4.31	%		4.31	%		5.02	%		4.96	%		5.87	%
NPA %		5.00			4.92			5.63			5.56			6.38
Net charge-offs %		2.63			3.10			4.13			4.00			4.24
Allowance / loans		4.22			4.55			4.83			4.95			5.10
Allowance / NPL		0.98x			1.06x			0.96x			1.00x			0.87x
Allowance / NPA		0.84x			0.92x			0.85x			0.89x			0.80x
Allowance / Charge-offs		1.62x			1.47x			1.16x			1.23x			1.17x
Other
Loans past due 90 days or more (e)		$155,532			$144,840			$167,191			$182,343			$173,634			7	%		(10	)%
Guaranteed portion (e)		38,397			35,809			46,957			40,252			42,271			7	%		(9	)%
Foreclosed real estate from government insured loans		15,888			13,276			9,054			11,481			10,619			20	%		50	%
Period-end loans, net of unearned income (millions)		$17,059			$17,154			$17,484			$18,124			$18,525			(1	)%		(8	)%
Remaining unfunded commitments (millions)		$8,071			$8,148			$8,575			$8,607			$9,069			*			(11	)%

Certain previously reported amounts have been reclassified to agree with current presentation.
NM — Not meaningful
*	Amount is less than one percent
(a)	See Glossary of Terms for definition of ASC 810 adjustment.
(b)	See Glossary of Terms for definition of restricted balances.
(c)	3Q10 includes $60.6 million of loans held for sale.
(d)	See Glossary of Terms for definitions of Consolidated Key Ratios.
(e)	Includes loans held for sale.

23

ASSET QUALITY: CONSOLIDATED
Quarterly, Unaudited

																3Q10 Change vs.
	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Key Portfolio Details
Commercial (C&I and Other)
Period-end loans ($ millions)		$7,337			$7,004			$6,856			$7,135			$6,899			5	%		6	%
30+ Delinq. % (a)		0.68	%		1.02	%		1.02	%		0.96	%		1.25	%
NPL %		3.34			2.93			2.86			1.90			2.13
Charge-offs % (qtr. annualized)		1.34			1.16			1.67			1.21			2.48
Allowance / loans %		3.54	%		3.96	%		4.28	%		3.88	%		3.78	%
Allowance / charge-offs		2.76	x		3.54	x		2.60	x		3.29	x		1.48	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$1,519			$1,610			$1,674			$1,774			$1,845			(6	)%		(18	)%
30+ Delinq. % (a)		2.04	%		1.31	%		3.11	%		3.13	%		2.19	%
NPL %		10.13			9.78			10.81			10.35			10.87
Charge-offs % (qtr. annualized)		1.96			3.04			4.37			6.13			3.46
Allowance / loans %		9.46	%		9.00	%		8.62	%		8.67	%		8.29	%
Allowance / charge-offs		4.68	x		2.93	x		1.94	x		1.38	x		2.37	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$324			$397			$528			$640			$835			(18	)%		(61	)%
30+ Delinq. % (a)		0.93	%		2.49	%		3.89	%		3.71	%		4.15	%
NPL %		46.45			44.52			49.38			42.94			42.35
Charge-offs % (qtr. annualized)		5.07			17.97			21.19			22.22			13.41
Allowance / loans %		11.99	%		13.47	%		9.69	%		8.12	%		9.17	%
Allowance / charge-offs		2.12	x		0.63	x		0.41	x		0.31	x		0.62	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$5,788			$5,936			$6,084			$6,931			$7,148			(2	)%		(19	)%
30+ Delinq. % (a)		2.33	%		2.19	%		2.21	%		2.31	%		2.28	%
NPL %		0.46			0.35			0.30			0.26			0.14
Charge-offs % (qtr. annualized)		3.11			2.69			2.91			2.93			3.04
Allowance / loans %		2.64	%		2.74	%		2.87	%		3.10	%		3.21	%
Allowance / charge-offs		0.84	x		1.01	x		0.97	x		1.04	x		1.04	x
Permanent Mortgage
Period-end loans ($ millions)		$969			$1,019			$1,068			$1,086			$1,113			(5	)%		(13	)%
30+ Delinq. % (a)		5.43	%		4.95	%		6.29	%		8.49	%		8.09	%
NPL %		12.76			12.17			11.09			9.02			8.65
Charge-offs % (qtr. annualized)		5.65			5.84			10.44			4.65			6.27
Allowance / loans %		6.08	%		6.89	%		7.86	%		11.41	%		9.06	%
Allowance / charge-offs		1.06	x		1.16	x		0.75	x		2.45	x		1.46	x
OTC, Credit Card and Other (b)
Period-end loans ($ millions)		$326			$355			$403			$558			$685			(8	)%		(52	)%
30+ Delinq. % (a)		1.90	%		1.32	%		2.12	%		5.22	%		3.12	%
NPL %		9.31			15.05			24.91			34.03			40.89
Charge-offs % (qtr. annualized)		4.81			11.54			17.52			18.07			19.60
Allowance / loans %		5.49	%		6.42	%		9.21	%		13.54	%		18.12	%
Allowance / charge-offs		1.10	x		0.53	x		0.45	x		0.68	x		0.81	x
Restricted Real Estate Loans (c)
Period-end loans ($ millions) (d)		$797			$834			$870			N/A			N/A			(4	)%	NM
30+ Delinq. % (a)		3.73	%		3.52	%		3.72	%		N/A			N/A
NPL %		0.67			0.23			0.19			N/A			N/A
Charge-offs % (qtr. annualized)		5.80			6.23			4.78			N/A			N/A
Allowance / loans %		6.01	%		6.01	%		6.87	%		N/A			N/A
Allowance / charge-offs		1.01	x		0.94	x		1.40	x		N/A			N/A

*	Amount is less than one percent
NM — Not meaningful
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.
(b)	Select OTC amounts: PE loans: $30.4 million; NPL: 100%; Allowance: $7.35 million; Q3 Net Charge-offs: $0.72 million.
(c)	Prior to 1Q10, certain amounts were included in Consumer Real Estate.
(d)	Includes $735.8 million of consumer real estate loans and $60.7 million of permanent mortgage loans.

24

ANALYSIS OF INDIVIDUALLY IMPAIRED LOANS AND NPL AND ORE ROLLFORWARDS
Unaudited

(Millions)	Reserves		Balances		Reserve Rate
Commercial Portfolio Reserves
Individually impaired loans with reserves	$	74.8	$	190.3		39.32	%
Individually impaired loans without reserves		—		281.2		—
All other loans		367.4		8,708.1		4.22
Total	$	442.2	$	9,179.6		4.82	%

(Millions)	3Q10			2Q10			1Q10			4Q09			3Q09
NPL Rollforward (a)
Beginning NPLs	$	593		$	739		$	784		$	981		$	1,021
+ Additions		98			96			182			147			254
+ Principal Increase		7			19			13			9			7
- Resolutions and Payments		(46	)		(161	)		(113	)		(175	)		(130	)
- Net Charge-Offs		(37	)		(60	)		(95	)		(114	)		(125	)
- Transfer to OREO		(35	)		(39	)		(32	)		(62	)		(46	)
- Upgrade to Accrual		—			(1	)		—			(2	)		—
Ending NPLs	$	580		$	593		$	739		$	784		$	981
(a) Includes Commercial and One-Time Close Portfolios only.
(Millions)	3Q10			2Q10			1Q10			4Q09			3Q09
ORE Inventory Rollforward (a)
Beginning Balance	$	109.3		$	113.0		$	113.7		$	100.8		$	106.1
Valuation Adjustments		(4.6	)		(3.4	)		(5.9	)		(10.0	)		(10.4	)
Adjusted Balance	$	104.7		$	109.6		$	107.8		$	90.8		$	95.7
+ New OREO		50.6			53.4			47.1			74.8			65.2
+ Capitalized Expenses		0.7			0.9			1.6			1.0			4.0
Disposals:
- Single Transactions		(31.1	)		(52.6	)		(43.5	)		(52.9	)		(49.6	)
- Bulk Sales		(1.5	)		(2.0	)		—			—			(6.0	)
- Auctions		—			—			—			—			(8.5	)
Ending Balance	$	123.4		$	109.3		$	113.0		$	113.7		$	100.8

(a) OREO excludes foreclosed assets related to government insured mortgages.

25

ASSET QUALITY: REGIONAL BANKING
Quarterly, Unaudited

																3Q10 Change vs.
	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Total Regional Banking
Period-end loans ($ millions)		$11,147			$10,902			$10,776			$11,221			$11,135			2	%		*
30+ Delinq. % (a)		1.03	%		1.17	%		1.31	%		1.55	%		1.72	%
NPL %		3.21			2.95			3.06			2.42			2.86
Charge-offs % (qtr. annualized)		1.46			1.40			2.19			1.94			1.90
Allowance / loans %		3.43	%		3.78	%		3.91	%		3.81	%		3.91	%
Allowance / charge-offs		2.41	x		2.75	x		1.78	x		1.99	x		2.02	x
Key Portfolio Details
Commercial (C&I and Other)
Period-end loans ($ millions) (b)		$6,745			$6,406			$6,218			$6,475			$6,257			5	%		8	%
30+ Delinq. % (a)		0.55	%		1.11	%		1.13	%		1.05	%		1.35	%
NPL %		2.70			2.10			2.17			1.51			1.74
Charge-offs % (qtr. annualized)		1.47			1.26			1.82			1.23			1.92
Allowance / loans %		3.07	%		3.57	%		3.91	%		3.53	%		3.68	%
Allowance / charge-offs		2.20	x		2.95	x		2.17	x		2.95	x		1.86	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$1,358			$1,434			$1,454			$1,522			$1,556			(5	)%		(13	)%
30+ Delinq. % (a)		2.00	%		1.14	%		1.96	%		3.30	%		2.57	%
NPL %		7.30			7.33			6.90			6.53			7.25
Charge-offs % (qtr. annualized)		1.63			1.64			2.57			3.16			1.84
Allowance / loans %		8.76	%		8.26	%		7.97	%		8.61	%		8.53	%
Allowance / charge-offs		5.20	x		5.04	x		3.09	x		2.72	x		4.63	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$193			$220			$259			$300			$358			(12	)%		(46	)%
30+ Delinq. % (a)		1.48	%		1.47	%		2.64	%		5.42	%		6.57	%
NPL %		37.02			35.49			35.04			22.97			26.00
Charge-offs % (qtr. annualized)		5.50			9.92			20.80			15.39			7.73
Allowance / loans %		13.47	%		15.40	%		10.78	%		8.44	%		9.12	%
Allowance / charge-offs		2.27	x		1.41	x		0.48	x		0.50	x		1.10	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$2,553			$2,537			$2,542			$2,594			$2,637			1	%		(3	)%
30+ Delinq. % (a)		1.61	%		1.28	%		1.23	%		1.28	%		1.42	%
NPL %		0.21			0.13			0.13			0.18			0.13
Charge-offs % (qtr. annualized)		0.77			0.54			0.67			0.93			0.82
Allowance / loans %		0.82	%		0.83	%		0.94	%		1.19	%		1.04	%
Allowance / charge-offs		1.08	x		1.54	x		1.39	x		1.28	x		1.26	x
Credit Card, Permanent Mortgage, and Other
Period-end loans ($ millions)		$299			$305			$302			$331			$327			(2	)%		(9	)%
30+ Delinq. % (a)		1.97	%		1.48	%		1.60	%		1.89	%		1.98	%
NPL %		0.06			0.09			0.13			0.08			0.08
Charge-offs % (qtr. annualized)		3.42			3.56			3.53			4.42			3.54
Allowance / loans %		3.15	%		3.14	%		3.47	%		3.55	%		3.67	%
Allowance / charge-offs		0.91	x		0.88	x		0.96	x		0.82	x		1.03	x

* Amount is less than one percent

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.
(b)	3Q10 increase attributable to growth in mortgage warehouse lending within correspondent banking business.

26

ASSET QUALITY: NON-STRATEGIC
Quarterly, Unaudited

																3Q10 Change vs.
	3Q10			2Q10			1Q10			4Q09			3Q09			2Q10			3Q09
Total Non-Strategic Lending
Period-end loans ($ millions)		$5,913			$6,252			$6,708			$6,903			$7,389			(5	)%		(20	)%
30+ Delinq. % (a)		3.27	%		3.03	%		3.64	%		3.69	%		3.29	%
NPL %		6.38			6.69			8.16			9.10			10.41
Charge-offs % (qtr. annualized)		4.71			5.91			7.15			7.22			7.72
Allowance / loans %		5.71	%		5.91	%		6.31	%		6.79	%		6.90	%
Allowance / charge-offs		1.18	x		0.97	x		0.86	x		0.91	x		0.86	x
Key Portfolio Details
Commercial (C&I and Other) (b)
Period-end loans ($ millions)		$592			$598			$638			$660			$642			(1	)%		(8	)%
30+ Delinq. % (a)		2.14	%		0.08	%		0.03	%		0.06	%		0.22	%
NPL %		10.63			11.77			9.66			5.73			5.95
Charge-offs % (qtr. annualized)		—			0.15			0.08			1.03			8.03
Allowance / loans %		8.91	%		8.09	%		7.92	%		7.24	%		4.72	%
Allowance / charge-offs	NM				53.49	x		106.43	x		7.27	x		0.58	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$161			$176			$220			$253			$290			(8	)%		(44	)%
30+ Delinq. % (a)		2.31	%		2.66	%		10.76	%		2.11	%		0.16	%
NPL %		33.97			29.72			36.67			33.32			30.28
Charge-offs % (qtr. annualized)		4.61			13.16			15.38			22.13			11.45
Allowance / loans %		15.31	%		15.01	%		12.96	%		9.01	%		6.98	%
Allowance / charge-offs		3.16	x		1.02	x		0.77	x		0.36	x		0.56	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$131			$177			$269			$340			$477			(26	)%		(73	)%
30+ Delinq. % (a)		0.13	%		3.74	%		5.09	%		2.19	%		2.33	%
NPL %		60.36			55.73			63.23			60.60			54.60
Charge-offs % (qtr. annualized)		4.47			26.50			21.54			27.42			17.44
Allowance / loans %		9.80	%		11.07	%		8.63	%		7.84	%		9.21	%
Allowance / charge-offs		1.87	x		0.32	x		0.35	x		0.23	x		0.47	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$3,235			$3,398			$3,542			$4,338			$4,511			(5	)%		(28	)%
30+ Delinq. % (a)		2.91	%		2.87	%		2.91	%		2.92	%		2.78	%
NPL %		0.65			0.52			0.42			0.30			0.15
Charge-offs % (qtr. annualized)		4.89			4.26			4.50			4.11			4.31
Allowance / loans %		4.08	%		4.17	%		4.25	%		4.24	%		4.48	%
Allowance / charge-offs		0.81	x		0.96	x		0.92	x		1.01	x		1.02	x
Permanent Mortgage
Period-end loans ($ millions)		$944			$993			$1,040			$1,059			$1,084			(5	)%		(13	)%
30+ Delinq. % (a)		5.50	%		4.98	%		6.33	%		8.57	%		8.17	%
NPL %		13.08			12.46			11.34			9.22			8.85
Charge-offs % (qtr. annualized)		5.84			6.00			10.71			4.77			6.44
Allowance / loans %		6.21	%		7.01	%		8.00	%		11.62	%		9.25	%
Allowance / charge-offs		1.04	x		1.15	x		0.74	x		2.44	x		1.46	x
OTC and Other Consumer (c)
Period-end loans ($ millions)		$52			$76			$129			$253			$386			(31	)%		(86	)%
30+ Delinq. % (a)		2.02	%		1.50	%		3.90	%		9.58	%		4.21	%
NPL %		58.04			70.47			78.20			74.96			72.59
Charge-offs % (qtr. annualized)		8.88			33.48			37.55			30.66			29.26
Allowance / loans %		16.92	%		18.24	%		21.26	%		25.50	%		29.19	%
Allowance / charge-offs		1.58	x		0.43	x		0.38	x		0.67	x		0.79	x
Restricted Real Estate Loans (d)
Period-end loans ($ millions) (e)		$797			$834			$870			N/A			N/A			(4	)%		N/A
30+ Delinq. % (a)		3.73	%		3.52	%		3.72	%		N/A			N/A
NPL %		0.67			0.23			0.19			N/A			N/A
Charge-offs % (qtr. annualized)		5.80			6.23			4.78			N/A			N/A
Allowance / loans %		6.01	%		6.01	%		6.87	%		N/A			N/A
Allowance / charge-offs		1.01	x		0.94	x		1.40	x		N/A			N/A

*	Amount is less than one percent
Certain previously reported amounts have been reclassified to agree with current presentation.
NM — Not meaningful
(a)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.
(b)	Includes trust preferred loan portfolio and other exited businesses.
(c)	Select OTC amounts: PE loans: $30.4 million; NPL: 100%; Allowance: $7.35 million; Q3 Net Charge-offs: $0.72 million.
(d)	Prior to 1Q10, certain amounts were included in Consumer Real Estate.
(e)	Includes $735.8 million of consumer real estate loans and $60.7 million of permanent mortgage loans.

27

ASSET QUALITY HIGHLIGHTS: KEY PORTFOLIOS — COMMERCIAL
Unaudited

C&I Portfolio: $7.3 Billion (43% of Total Loans)

- Primarily relationship customers in TN and regional middle market lending efforts

- Diverse by industry, good granularity

- Impacted by deterioration in overall economic conditions

- Trust preferred loans and bank-related exposures most severely impacted

	% OS
General Corporate, Commercial, and Business Banking Loans		76	%
Mortgage Warehouse Line Balances		15	%
Trust Preferred Loans		6	%
Bank Holding Company Lending		3	%

Income CRE Portfolio: $1.5 Billion (9% of Total Loans)

- Traditional commercial real estate construction and mini-permanent loans

- 89% managed by Regional Banking segment (approx)

- Only 11% in non-strategic CRE business: wind-down portfolio (approx)

- Poor economic conditions impacting vacancy levels, rate of stabilization, and rental rates

- Lack of available financing combined with a weak economy impacting property valuations

- Expect a prolonged period of portfolio underperformance versus historical expectations

Top 10 States
	% OS			% NPL
TN		46.61	%		5.18	%
NC		9.94	%		15.59	%
GA		7.39	%		0.97	%
FL		5.51	%		43.40	%
TX		4.10	%		1.96	%
MS		3.84	%		9.59	%
SC		3.70	%		2.27	%
WA		3.68	%		18.34	%
WV		2.65	%		—
IN		1.83	%		—

As of 9/30/10

Homebuilder Portfolio: $324 Million (2% of Total Loans)

- Loans to residential builders and developers

- Performance severely impacted by the housing market

- Wind-down portfolio: In early 2008, ceased originations for national CRE lending; balances have decreased by 90% since March 2008

Top 10 States
	% OS			% NPL
TN		34.25	%		21.37	%
NC		10.79	%		58.44	%
FL		10.46	%		68.91	%
TX		6.68	%		1.18	%
CO		5.49	%		99.11	%
WA		4.40	%		77.25	%
AZ		3.12	%		100.00	%
MS		2.68	%		63.60	%
GA		2.34	%		94.02	%
VA		2.23	%		33.01	%

As of 9/30/10

28

ASSET QUALITY HIGHLIGHTS: KEY PORTFOLIOS — CONSUMER
Unaudited

Consumer Real Estate (primarily Home Equity) Portfolio: $6.5 Billion (38% of Total Loans)

- Statistics include $735.8 million of restricted real estate loans

- Geographically diverse

- Top States (TN = 36%, CA = 14%, VA = 4%, WA = 4%)

- Strong borrower quality

- 736 avg. portfolio origination FICO; 727 avg. portfolio FICO (refreshed)

- Good collateral position

- High LTV loans managed through whole loan insurance

- 29% first lien and 71% second lien

- 85% of uninsured portfolio <90 CLTV

- 14% of uninsured portfolio is HLTV, 65% of which (or 8.9%) have FICO >700

- Good borrower capacity (37% avg. DTI)

- Primarily retail-sourced (86% retail)

- Mix of older vintage loans

- 47% originated prior to 2006

Top 10 States
	% OS			Del. %			C/O	%
TN		36	%		1.61	%	0.87	%
CA		14	%		2.48	%	6.73	%
VA		4	%		2.40	%	4.34	%
WA		4	%		2.96	%	4.05	%
GA		3	%		2.44	%	4.13	%
MD		3	%		2.48	%	2.68	%
FL		3	%		4.47	%	6.32	%
AZ		2	%		4.40	%	8.87	%
PA		2	%		2.59	%	1.47	%
NJ		2	%		2.92	%	2.55	%

As of 9/30/10

Retail vs. Wholesale Originations
	% OS			Del. %			C/O	%
Retail		86.08	%		2.29	%	2.89	%
Wholesale		11.42	%		4.12	%	9.00	%
Other		2.50	%		2.62	%	3.86	%

As of 9/30/10

Portfolio Breakdown by LTV and FICO
	<=80	%	80% - 90	%	>90	%
>=740	32.3	%	14.8	%	5.2	%
720-739	6.9	%	4.5	%	2.0	%
700-719	6.9	%	4.2	%	1.9	%
660-699	7.6	%	3.9	%	3.2	%
620-659	2.4	%	1.3	%	1.2	%
<620	0.8	%	0.3	%	0.6	%
*excludes whole loan insurance

As of 9/30/10

		Balance			Origination Characteristics														QTD			YTD
	Vintage	%			CLTV			FICO		% Broker *			% TN			% 1st lien			NCO’s %			NCO’s %
	pre-2002		5	%		76	%		718		15	%		48	%		35	%		2.15	%		1.60	%
	2003		9	%		75	%		730		15	%		34	%		41	%		1.41	%		1.18	%
	2004		13	%		79	%		727		27	%		23	%		27	%		3.77	%		3.77	%
	2005		20	%		80	%		731		19	%		19	%		17	%		4.88	%		4.38	%
	2006		16	%		77	%		735		6	%		25	%		18	%		5.17	%		4.74	%
	2007		19	%		79	%		740		15	%		27	%		19	%		4.12	%		4.58	%
	2008		9	%		75	%		749		7	%		74	%		54	%		2.37	%		2.11	%
	2009		5	%		72	%		755		-			88	%		60	%		2.00	%		0.85	%
	2010		4	%		77	%		754		-			91	%		68	%		-			-
	Total		100	%		78	%		736		14	%		36	%		29	%		3.61	%		3.40	%
*	Correspondent and Wholesale

Permanent Mortgage Portfolio: $1.0 Billion (6% of Total Loans)

- Statistics include $60.7 million of restricted real estate loans

- Portfolio performance varies by underlying pools

- National portfolios winding-down

- Geographically diverse

- Balanced origination sources

- 48% retail; 52% wholesale

- Documentation type

- 64% full doc; 32% stated; 4% other

- Product type

- 63% jumbo; 17% Alt A; 20% other

Top 10 States
	% OS			Del. %
CA		23	%		6.11	%
TX		10	%		3.49	%
WA		8	%		1.91	%
AZ		6	%		14.43	%
VA		5	%		3.74	%
FL		5	%		20.90	%
OR		4	%		12.41	%
UT		4	%		9.01	%
MD		4	%		2.18	%
TN		3	%		—

As of 9/30/10

29

ASSET QUALITY: PROCESS HIGHLIGHTS

Product Current Process

Commercial Loans (Real Estate / C&I)

Risk Grading

Reserves are established using historical loss factors by grade level. Relationship managers risk rate each loan using grades that reflect both the probability of default and estimated loss in the event of default. Loans with emerging weaknesses receive increased oversight through our Watch List process.

Watch List Process

For new Watch List loans, senior credit management reviews risk grade appropriateness and action plans. After initial identification, relationship managers prepare regular updates for review and discussion by more senior business line and credit officers. This oversight is intended to bring consistent grading and allow timely identification of loans that need to be further downgraded or placed on non-accrual status.

Classified and Non-Accruals

When a loan becomes classified, the asset generally transfers to the specialists in our Loan Rehab and Recovery group where the accounts receive more active management and detailed monitoring; at this time, new appraisals are typically ordered for real estate collateral dependent credits.

Loans are placed on non-accrual status if it becomes evident that full collection of principal and interest is at risk, or if loans become 90 days or more past due.

Impairment Assessment

Generally, classified non-accrual loans over $1 million are deemed to be impaired in accordance with GAAP and are assessed for impairment measurement. For impaired assets viewed as collateral dependent, fair value estimates are obtained from a recently received and reviewed appraisal. Appraised values are adjusted down for costs associated with asset disposal and for our estimate of any further deterioration in values since the most recent appraisal. Upon the determination of impairment, we charge off the full difference between book value and our best estimate of the asset’s net realizable value. For assets evaluated using a discounted cash flow methodology, loans are discounted using the applicable note rate, and typically reserves are maintained.

Home Equity Loans and Lines

For home equity loans and lines, reserve levels are established through the use of segmented roll rate models. Loans are classified substandard at 90 days delinquent. Our collateral position is assessed prior to the asset becoming 180 days delinquent. If the value does not support foreclosure, balances are charged off and other avenues of recovery are pursued. If the value supports foreclosure, the loan is charged down to net realizable value and is placed on non-accrual status. When collateral is taken to OREO, the asset is assessed for further write-down to a percentage of appraised value.

30

GLOSSARY OF TERMS

Adjusted Tangible Equity/RWA: Shareholders’ equity excluding intangible assets and unrealized gains/losses on available for sale securities and cash flow hedges divided by risk weighted assets.

Appraisal Fees: A fee charged to the borrower for the cost of appraising a property.

ASC 310 Fee Deferral: The timing difference between collecting and recognizing origination fees on a loan not carried at elected fair value. For loans held for sale not carried at elected fair value, origination fees are recognized at the time the loan is sold, not at the time the loan is originated.

ASC 310 Reclassification: The reclassification of the cost of originating mortgage warehouse loans, not carried at elected fair value, sold during the period.

ASC 810 Adjustment: Adjustment to reflect the initial application of Accounting Standards Update No. 2009-17, which includes the initial effects of consolidating previously off-balance sheet securitization trusts. The net impact of initial adoption was offset through a cumulative effect adjustment to undivided profits.

Core Business Segments: Management treats regional banking, capital markets, and corporate as FHN’s core businesses. Non-strategic has significant legacy assets and operations that are being wound down.

Credit Report Fee: A fee charged to the borrower for the cost of obtaining the borrower’s credit report.

Final Inspection Fee: A fee charged to the borrower to inspect a property.

Individually Impaired Loans: Commercial loans over $1 million that are not expected to pay all contractually due principal and interest and consumer loans that have experienced a troubled debt restructuring and are individually evaluated for impairment. The estimated loss on these loans is determined using a discounted cash flow (“DCF”) methodology or the estimated fair value of the underlying collateral less costs to sell, if the loan is considered collateral dependent. In accordance with accounting requirements, DCF loans are discounted using the applicable note rate, and typically reserves are maintained for DCF loans. Collateral dependent loans are generally charged off to the estimate of collateral value less cost to sell leaving no associated reserve.

Lower of Cost or Market (LOCOM): A method of accounting for certain assets by recording them at the lower of their historical cost or their current market value.

Origination Fees: A fee charged to the borrower by the lender to originate a loan. Usually stated as a percentage of the face value of the loan.

Reg E Opt-In: The 2010 requirement by Federal Reserve Board Regulation E that consumer customers of banks must elect, or opt-in, to continue to be eligible for fee-based overdraft protection services regarding debit card and ATM transactions. Consumer customers who do not opt-in cannot be charged fees for such services and will not receive such services.

Restricted Balances: Assets of a consolidated variable interest entity that can be used only to settle obligations of the consolidated variable interest entity and liabilities of a consolidated variable interest entity for which creditors (or beneficial interest holders) do not have recourse to the general credit of the primary beneficiary.

Troubled Debt Restructuring (TDR): A restructuring of debt whereby a creditor for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the borrower that it would not otherwise consider. Such concession is granted in an attempt to protect as much of the creditor’s investment as possible by increasing the probability of repayment.

Asset Quality — Consolidated Key Ratios

NPL %: Ratio is nonperforming loans in the loan portfolio to total period end loans.

NPA %: Ratio is nonperforming assets related to the loan portfolio to total period end loans plus foreclosed real estate and other assets.

Net charge-offs %: Ratio is annualized net charge-offs to total average loans.

Allowance / Loans: Ratio is allowance for loan losses to total period end loans.

Allowance to loans excluding insured loans: Ratio is allowance for loan losses to total period end loans excluding insured loans.

Allowance / NPL: Ratio is allowance for loan losses to nonperforming loans in the loan portfolio.

Allowance / NPA: Ratio is allowance for loan losses to nonperforming assets related to the loan portfolio.

Allowance / Charge-offs: Ratio is allowance for loan losses to annualized net charge-offs.

31

NON-GAAP to GAAP RECONCILIATION
Quarterly, Unaudited

(Thousands)	3Q10			2Q10			1Q10			4Q09			3Q09
Tangible Common Equity (Non-GAAP)
(A) Total equity (GAAP)	$	3,306,888		$	3,287,233		$	3,270,942		$	3,302,468		$	3,370,209
Less: Preferred stock capital surplus — CPP		810,974			806,856			802,760			798,685			794,630
Less: Noncontrolling interest (a)		295,165			295,165			295,165			295,165			295,165
(B) Total common equity	$	2,200,749		$	2,185,212		$	2,173,017		$	2,208,618		$	2,280,414
Less: Intangible assets (GAAP) (b)		196,443			197,825			199,207			203,783			218,879
(C) Tangible common equity (Non-GAAP)	$	2,004,306		$	1,987,387		$	1,973,810		$	2,004,835		$	2,061,535
Less: Unrealized gains on AFS securities, net of tax		61,836			68,189			63,271			64,925			67,527
(D) Adjusted tangible common equity (Non-GAAP) (c)	$	1,942,470		$	1,919,198		$	1,910,539		$	1,939,910		$	1,994,008
Tangible Assets (Non-GAAP)
(E) Total assets (GAAP)	$	25,384,181		$	26,254,226		$	25,923,576		$	26,068,678		$	26,465,852
Less: Intangible assets (GAAP) (b)		196,443			197,825			199,207			203,783			218,879
(F) Tangible assets (Non-GAAP)	$	25,187,738		$	26,056,401		$	25,724,369		$	25,864,895		$	26,246,973
Period-end Shares Outstanding
(G) Period-end shares outstanding		232,841			232,624			232,374			231,896			231,841
Tier 1 Common (Non-GAAP)
(H) Tier 1 capital (d) (e)	$	3,526,045		$	3,499,759		$	3,484,847		$	3,507,782		$	3,563,650
Less: Preferred stock capital surplus — CPP		810,974			806,856			802,760			798,685			794,630
Less: Noncontrolling interest — FTBNA preferred stock (a) (f)		294,816			294,816			294,816			294,816			294,816
Less: Trust preferred (g)		300,000			300,000			300,000			300,000			300,000
(I) Tier 1 common (Non-GAAP)	$	2,120,255		$	2,098,087		$	2,087,271		$	2,114,281		$	2,174,204
Risk Weighted Assets
(J) Risk weighted assets (d) (e)	$	20,478,067		$	20,837,537		$	21,022,369		$	21,400,408		$	21,999,518
Ratios
(C)/(F) Tangible common equity to tangible assets (TCE/TA) (Non-GAAP)		7.96	%		7.63	%		7.67	%		7.75	%		7.85	%
(A)/(E) Total equity to total assets (GAAP)		13.03	%		12.52	%		12.62	%		12.67	%		12.73	%
(C)/(G) Tangible book value per common share (Non-GAAP)	$	8.61		$	8.54		$	8.49		$	8.65		$	8.89
(B)/(G) Book value per common share (GAAP)	$	9.45		$	9.39		$	9.35		$	9.52		$	9.84
(I)/(J) Tier 1 common ratio (Non-GAAP)		10.35	%		10.07	%		9.93	%		9.88	%		9.88	%
(H)/(E) Tier 1 capital to total assets (GAAP)		13.89	%		13.33	%		13.44	%		13.46	%		13.47	%
(D)/(J) Adjusted tangible common equity to risk weighted assets (TCE/RWA) (Non-GAAP) (c)		9.49	%		9.21	%		9.09	%		9.06	%		9.06	%

(a)	Included in total equity on the consolidated balance sheet.
(b)	Includes goodwill and other intangible assets, net of amortization.
(c)	See Glossary of Terms for definition of ratio.
(d)	Current quarter is an estimate.
(e)	Defined by and calculated in conformity with bank regulations.
(f)	Represents FTBNA preferred stock included in noncontrolling interest.
(g)	Included in term borrowings on the consolidated balance sheet.

32

First Horizon National Corporation Third Quarter 2010 Earnings October 15, 2010

Portions of this presentation use non-GAAP financial information. Each of those portions is so noted, and a reconciliation of that non-GAAP information to comparable GAAP information is provided in a footnote or in the appendix at the end of this presentation. This presentation contains forward-looking statements, which may include guidance, involving significant risks and uncertainties which will be identified by words such as "believe","expect","anticipate","intend","estimate", "should","is likely","will","going forward" and other expressions that indicate future events and trends and may be followed by or reference cautionary statements. A number of factors could cause actual results to differ materially from those in the forward-looking information. These factors are outlined in our recent earnings and other press releases and in more detail in the most current 10-Q and 10-K. First Horizon disclaims any obligation to update any of the forward-looking statements that are made from time to time to reflect future events or developments.

Continued Strategic Progress in Third Quarter 2010 Solid Regional Banking Franchise Strong Capital Markets Business Strengthened Balance Sheet Strong Capital Position1 Ability to Execute Proactive on Asset Quality Refocusing on Core Businesses 1Current quarter is estimate; Tier 1 Common, TCE, & TA are non-GAAP numbers, and a reconciliation is provided in the appendix. 2Spread is loan yield minus deposit cost. Pre-tax income of $48mm up 63% linked quarter Average Regional Banking core deposits stable linked quarter and up 14% year over year Average Regional Banking loans up 2% linked quarter and down 4% since 3Q09 NIM strong at 5.11% in 3Q10, up 2bps linked quarter and 37bps since 3Q09 Increased spreads by 42bps from 3Q09 to 3Q102 Pre-tax income of $43mm up 56% linked quarter Strong fixed income average daily revenue of $1.7mm in 3Q10, up from $1.5mm in 2Q10 Consolidated average core deposits flat from 2Q10 and up 11% year over year Period end loan to core deposit ratio of 113% stable linked quarter and down from 138% in 3Q09 Average Non-Strategic loans decreased 6% or $360mm from 2Q10 Period end assets down $870mm to $25.4B Tier 1 ratio improved to 17.2% Tier 1 Common rose to 10.4% TCE + Reserves stable at 13.3% TCE/TA increased to 8.0% Provision expense decreased 29% from 2Q10 Loan loss reserve decrease of $61mm in 3Q10 NCOs dropped $21mm or 16% linked quarter NPAs up 2% from 2Q10, down 25% year over year

Financial Results

Consolidated Financial Results Earnings per share of $0.07 after discontinued operations and TARP dividend Net income available to common shareholders of $16mm $(15)mm impact of TARP CPP preferred Provision at $50mm $61mm reserve decrease Sixth consecutive quarter of lower provision expense and fifth of reserve decrease Net charge-offs of $111mm down 16% linked quarter and down 45% from 3Q09 Non-Interest Income at $248mm in 3Q10 Continued solid fixed income revenues up 15% since 2Q10 Revenues in Regional Bank up 1% from 2Q10 Net hedging results declined 28% to $32mm NII up 2% and NIM up 4bps linked quarter Expenses at $348mm in 3Q10 Non-Strategic expenses decreased 6% $49mm of mortgage repurchase reserve expense vs. $56mm in 2Q10 Period-end shares increased to 233mm2 Prior quarters restated to reflect stock dividend Numbers may not add to total due to rounding. 1Pre-tax, pre-provision is a non-GAAP number and is pre-tax income excluding provision; a reconciliation is provided in the appendix. 2At 9/30/10.

Regional Banking Capital Markets Corporate Non-Strategic Segment Highlights 3Q10 Drivers / Impacts Repurchase provision of $(49)mm in 3Q10 vs. $(56)mm in 2Q10 $220 $(161) 3Q10 Revenue 3Q10 Expense $123 $(80) $6 $(19) $86 $(87) Core Business (subtotal) Total $348 $(260) $434 $(348) 2Q10 Pre-Tax Earnings ($mm) 3Q10 Average fixed income daily revenue of $1.7mm in 3Q10 vs. $1.5mm in 2Q10 Hedging results of $32mm in 3Q10 vs. $44mm 2Q10 Loan yields up 7bps and the cost of deposits fell 4bps $30 $28 $(6) $52 $(33) $18 Pre-tax earnings, Revenue, and Expense are in millions. Numbers may not add to total due to rounding. Linked Quarter Change $mm / Percent $3 / 1% $17 / 16% $(1) / (11)% $(15) / (15)% $19 / 6% $4 / 1% $2 / 1% $1 / 2% $8 / 66% $11 / 4% $(6) / (6)% $6 / 2% Decrease in NII from drop in yields in securities portfolio 2Q10 expense included $5mm benefit related to Visa litigation liability reversal Seasonal increase in advertising expenses $48 $43 $(14) $77 $(41) $37

Mortgage Repurchase-Related Expenses Driving Elevated Environmental Costs 3Q09 4Q09 1Q10 2Q10 3Q10 Pipeline 209 256 304 411 469 New Requests 90 125 117 206 209 Resolved 50 86 69 74 146 Pre-2006 2006 2007 2008 2009 % of repurchase requests 0.12 0.17 0.52 0.19 0 % of FHN originations by vintage 0.34 0.26 0.25 0.15 0 $500MM Vast majority of repurchase requests from GSEs and notifications of rescissions of coverage from mortgage insurers GSE loans represented ~60% of originations1 Higher level of resolutions in 3Q10 but process remains slow Rescission rate of 40-50% Loss severity of 50-60% Sold mortgage origination platform in August 2008 Numbers may not add due to rounding. 1Based on UPB. The pipeline represents active investor claims and mortgage insurance (MI) rescissions under review. Excludes MI rescission notices that have been reviewed and the MI coverage has been lost. For purposes of estimating loss, MI rescission notices where coverage has been lost are contemplated. 2Requests reflect pipeline as of 9/30/10. Repurchase Requests by Vintage2 Mortgage Repurchase Reserve Pipeline of Repurchase Requests1

Strong Balance Sheet and Net Interest Margin Trends Period end total assets at $25.4B in 3Q10 Period end C&I loans up 5%, primarily driven by mortgage warehouse lending Period end Non-Strategic loans decreased $340mm from 2Q10 Consolidated average core deposits stable at $14.8B Consolidated NIM up 4bps linked quarter to 3.23% Higher spreads from improved loan pricing and lower cost of deposits Excess balances at Fed negatively affected NIM Adverse impact of non-accruals Core businesses NIM1 at 3.57% 3Q09 4Q09 1Q10 2Q10 3Q10 Loss of Yield and Int Reversals 17 13 14 12 10 3Q09 4Q09 1Q10 2Q10 3Q10 RB Avg Core Dep 10.8 11.3 12.2 12.5 12.4 Yields and Rates Adverse Impact of Non-Accruals Net Interest Margin by Segment1 Regional Banking Average Core Deposits 1Core businesses NIM is a non-GAAP number relating to the three core business segments: Regional Banking, Capital Markets, and Corporate. It is calculated in the same basic manner as First Horizon (consolidated) NIM, by dividing fully tax equivalent net interest income for the three core segments by average earning assets for those segments. 2Spread is loan yield minus deposit cost. 3Q09 4Q09 1Q10 2Q10 3Q10 Loan Yield 0.0386 0.0395 0.0398 0.0408 0.0414 Deposit Cost 0.0103 0.0092 0.0085 0.008 0.0074 Spread2 (right axis) 284 303 313 327 340 $14B $12.5 $12.4 $10.8 $11.3 $12.2

Asset Quality

3Q09 4Q09 1Q10 2Q10 3Q10 Net Charge-Offs 201.7 182.9 182.4 132.8 111 Reserve Increase/ Decrease -16.7 -47.9 -52.9 -63 -61 Reserve % of Loans (right axis) 0.051 0.0495 0.0483 0.0455 0.0422 $225MM Asset Quality Overview1 Peer Median FHN Consolidated FHN Regional Bank FHN Non-Strategic3 Reserves 0.027 0.0422 0.0343 0.0571 Reserves and Net Charge-Offs Reserves vs. Peers2 1Asset quality ratios as of 9/30/10. 2Peer Median includes Top 50 banks by asset size as of 2Q10. 3Non-Strategic reserve excludes LOCOM. Numbers may not add due to rounding. 3Q10 net charge-offs declined $21mm from 2Q10 to $111mm or 2.63% (annualized) of average loans1: Regional Bank net charge-offs up $2mm linked quarter, down $14mm year over year Includes charge-off of fraud-related loan of $11mm Non-Strategic net charge-offs declined 25% linked quarter, down 51% year over year As Non-Strategic portfolios run off, credit deterioration shifting towards commercial portfolio in Regional Bank Reserves for loan losses decreased $61mm linked quarter to $720mm or 4.22% of period end loans1 Reserve decrease due to lower balances from run-off, paydowns and charge-offs $133 $111 $202 $183 $182 3.43% 4.22% 2.70% 5.71%

Non-Performing Assets NPAs up $19mm or 2% linked quarter, down 25% year over year Increase driven by a handful of large credits in our commercial portfolios and fewer payments Decrease in payments reflects changing composition of non-performers to commercial loans from more dated Non-Strategic assets NPL levels up 1% vs. 2Q10, down 29% since 3Q09 Increase in NPLs impacted by quarterly volume of loans classified as Troubled Debt Restructures (TDRs) TDR's at $300mm in 3Q10, up from $177mm in 2Q10 3Q10 increase representative of working with distressed borrowers to mitigate loss potential Non-Performing Assets ORE Activity2 NPLs Activity1 Numbers may not add due to rounding. 1Includes Commercial and One-Time Close Portfolios only. 2ORE excludes foreclosed real estate from government insured loans. 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 NPLs 208.3 307.1 537.3 770 900 1054.4 1133.108 1126.958 1119.719 937.684 929 791 796 ORE 60 85.3 83.7 106.1 115.5 103.6 119 106.1 100.8 113.7 113 109.3 123 (1)% (14)% 14% 8% (2)% (1)% (14)% $1.4B 2%

Income CRE Portfolio: Stress Likely to Remain into 2011 Construction Land Mini-Perm/Non-Construction Property Type 0.15 0.11 0.74 Construction 15% Land 11% Mini-Perm/ Construction 74% 3Q09 4Q09 1Q10 2Q10 3Q10 30+ Delq. 0.0219 0.0313 0.0311 0.0131 0.0204 Net Charge-Offs (ann.) 0.0346 0.0613 0.0437 0.0304 0.0196 NPLs/Total Loans 0.1087 0.1035 0.1081 0.0978 0.1013 Retail Multi-Family Office Industrial Land Other Hospitality Income CRE by balances 0.23 0.2 0.14 0.12 0.11 0.11 0.09 Other 11% Land 11% Industrial 12% Hospitality 9% Retail 23% Multi-Family 20% Office 14% Performance Collateral Type1 Loan Type1 Numbers may not add to total due to rounding. 1As of 9/30/10; NPLs as a percentage of each portfolio. 2"Other" includes Non-Owner Occupied Single Family Residential and Multi-Use Projects. Balances of $1.5B at 9/30/10 89% managed in Regional Banking with relationship- oriented customers Proactively managing problem projects and maturities to regulatory standards Do not capitalize interest and do not fund interest on distressed properties Net charge-offs down $5mm linked quarter to $8mm Reserves of 9.5% at 9/30/10 Likely to remain at stressed performance levels into 2011

3Q09 4Q09 1Q10 2Q10 3Q10 30+ Delq. 0.0125 0.0096 0.0102 0.0102 0.0068 NPLs/Total Loans 0.0213 0.019 0.0286 0.0293 0.0334 Net Charge-Offs (Ann.) 0.0248 0.0121 0.0167 0.0116 0.0134 C&I Portfolio: Core Stable; TRUPS, Bank-Related Loans Stressed All Other C&I TRUPs Bank-Related Correspondent Banking Property Type 0.74 0.07 0.03 0.16 All Other C&I 72% TRUPs 6% Consolidated C&I Portfolio C&I Loan Composition Bank Related Loans 3% Other Correspondent Banking1 19% NPLs/Total Loans of 2.57% without TRUPs and Bank Related loans $7.3B portfolio, diversified by industry, managed in Regional Bank Net charge-offs up $4mm linked quarter C&I consolidated reserves of 3.54% at 9/30/10 Numbers may not add due to rounding. 1Includes mortgage warehouse lending lines from correspondent banking.

C&I Portfolio: TRUPS & Bank-Related Loans 3Q10 TRUPs & Bank-Related Loans C&I w/o TRUPs & Bank-Related Loans Total C&I Portfolio PE Balances ($mm) $697 $6,640 $7,337 Reserves ($mm) $1201 $175 $260 Reserve Coverage 17.23%1 2.64% 3.54% NPL % 10.72% 2.57% 3.34% NCO %2 2.30% 1.24% 1.34% TRUPS and Bank-Related Loan Coverage 1Reserve coverage includes $35.6mm of LOCOM on TRUPs. 2NCO% is QTD Annualized. Numbers may not add to total due to rounding. $697mm balances in TRUPS and bank-related loans $301mm whole-loan TRUPs to banks $164mm whole-loan TRUPs to insurance companies $136mm loans to bank holding companies $96mm other loans secured by bank stock Average TRUP size: $9mm Significant management focus is directed at this portfolio - TRUPs and bank holding company loans are re-graded quarterly

Consumer Real Estate Portfolio 3Q09 4Q09 1Q10 2Q10 3Q10 Regional Banking 5 6 4 3 5 Non-Strategic 50 46 41 37 41 Restricted 0 0 10 10 11 30+ Delinquency: Non-Strategic vs. Regional1 Net Charge-Offs3 Vintage Mix Non-Strategic Portfolio Run-Off 1Source: McDash industry data as of July 2010. McDash underwent a change in methodology in July vs. prior quarters' data.FHN data excludes FHB. 2Addition of restricted consumer real estate loan balances to B/S disproportionately increased delinquency beginning January 2010. 33Q10 NCO's include $9mm of charge-offs related to an acceleration of loss recognition. All charts and graphs include $735.8mm of restricted real estate loans. 3Q09 4Q09 1Q10 2Q10 3Q10 Period End Balance 4511 4338 3542 3398 3235 Historical on B/S Securitizations 670 655 638 617 591 New Restricted 0 0 162 153 145 Constant Pre-Payment Rate 0.13 0.14 0.1592 0.1592 0.17 $6.0B 30 Day Del. 1/8/2008 Feb March April May June July Aug Sept Oct Nov Dec 1/1/2009 Feb March April May June July Aug Sept Oct Nov Dec Jan-102 Feb Mar Apr May Jun Jul Aug Sept Regional Banking 0.0154 0.016 0.0164 0.0145 0.0131 0.0112 0.011 0.0121 0.0123 0.0127 0.0139 0.0133 0.0125 0.0132 0.0125 0.0124 0.0129 0.0128 0.0142 0.0133 0.0144 0.0147 0.0133 0.0131 0.0137 0.0132 0.0124 0.0124 0.0134 0.0128 0.0145 0.0152 0.0159 Non-Strategic 0.0149 0.0149 0.0145 0.0137 0.0134 0.0131 0.0134 0.0147 0.016 0.0175 0.0214 0.0229 0.0233 0.0241 0.0241 0.0243 0.0249 0.0262 0.0265 0.0265 0.0279 0.0282 0.0288 0.0293 0.0318 0.032 2.99833825330212E-02 0.0302 0.0305 0.0303 0.0311 0.0306 0.0312 Industry 0.0328 0.0349 0.0347 0.0356 0.0368 0.0382 0.0394 0.0417 0.0431 0.0442 0.0486 Industry1 = 6.99% $60MM $55 $52 $55 $51 $57

Outlook (assuming stable/improving economy): 2010 C&I portfolio should be stable/improving with the exception of TRUPs and bank-related loans, likely to be volatile due to size Quarter to quarter "lumpiness" is likely in commercial portfolios Reserve process from commercial loans is shifting towards Discounted Cash Flow from collateral based Reflects higher content of C&I loans in portfolio Income CRE trends expected to remain stressed Home Equity should decrease Non-Strategic CRE portfolios continue to wind down Full year 2010 net charge-offs and reserves remain on track to decline versus full year 2009 2011 Credit Expectations and Risks Summary Numbers may not add due to rounding. 1Other includes OTC, Credit Card, Other, and Restricted Real Estate Loans. 22010 net charge-off expectations are relative to full year 2009 net charge-offs. 32010 expectations are relative to year-end 2009 actual levels. 4At 12/31/09. Represents a change in prior expectations

Summary Third quarter 2010 demonstrated execution of strategic initiatives Continued credit quality improvement overall and in most portfolios Lower provision expense, reduced net charge-offs and reserve decrease Regional Banking showed solid trends Strong net interest margin Relatively stable fees Improved pricing on loans Capital Markets' fixed income revenues improved Fixed income normalization expected over the long-term Continuing to wind down loan portfolios and to work through assets from legacy businesses Focused on improving efficiency and productivity Strong capital and liquidity

Appendix

Segment Structure Reflects Strategic Focus FIRST HORIZON NATIONAL CORPORATION Capital Markets Regional Banking Commercial Business Banking PC/Wealth Management Corporate Banking CRE Retail (TN Origination) Correspondent Banking Fixed Income Other Products Corporate Corporate Functions Investment Portfolio Risk Management Non-Strategic National Consumer Lending Mortgage Servicing National Construction Lending Exited Businesses TRUPs Loans

Bonefish Long Term Targets

Liquidity and Capital Remain Strong 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 2Q10 Peer Median Tier 1 Common 0.0623 0.0629 0.085 0.0885 0.0896 0.0884 0.0897 0.0988 0.0988 0.0991 0.101 0.1035 0.0924 10.1% 9.9% 9.2% Stable core deposit growth Wholesale funding in non-credit sensitive sources Numbers may not add to total due to rounding. 1Peer median includes Top 50 banks at 2Q10. TCE/RWA is not adjusted for unrealized gains on AFS securities and is a non-GAAP number, and a reconciliation is provided at the end of the appendix. Tier 1 Common is a non-GAAP number, and a reconciliation is provided at the end of the appendix. 2Excluding Securities Sold Repos, Trading Liabilities, and sub-debt and other collateralized borrowings of $3.5B. Liquidity Tier 1 Common Ratio1 Wholesale Funding2 - P/E Balances ($B) Capital Ratios1 10.4%

Credit Quality Summary by Portfolio As of 9/30/10; numbers may not add to total due to rounding.

TN 0.34 CA 0.15 GA 0.03 FL 0.03 Other 0.48 Home Equity - Performance and Characteristics Portfolio Characteristics Geographic Distribution 30+ Delinquency: Key Drivers Core Banking Customers TN 36% Other 44% CA 14% FL 3% 3% GA All charts and graphs include $735.8mm of restricted consumer real estate loans. Retail Wholesale Channel Mix 0.0229 0.0385 >=740 720-739 700-719 660-699 <660 FICO Score (Origination) 0.013 0.0271 0.0331 0.0395 0.0575 51% % of portfolio 13% 13% 15% 8% 86% 14% 1st Lien 2nd Lien Lien Position 0.0199 0.0273 % of portfolio 29% 71% % of portfolio FICO Score-Origination Channel Lien Position

Non-Strategic Portfolios: Perm Mortgage & Res CRE 1Perm Mortgage reflects consolidated asset quality trends. $13.5mm of losses related to an acceleration of net charge-off recognition in 1Q10. Permanent Mortgage Non-Strategic Res CRE Permanent Mortgage portfolio Net charge-offs down $1mm linked quarter Reserves reduced from portfolio shrinkage Fewer remaining OTC balances will modify into Permanent Mortgage Non-Strategic Res CRE balances down 26% from 2Q10 to $131mm Decreasing NPL balances Net charge-offs decreased by $13mm from 2Q10 Reserves of 9.80% at 3Q10 3Q09 4Q09 1Q101 2Q10 3Q10 Perm Mortgage Balances 1084 1059 1040 993 944 30+Del. 0.0817 0.0857 0.0633 0.0498 0.055 Net Charge-Offs Ann. 0.0644 0.0477 0.1071 0.06 0.0584 $1.2B 4Q07 3Q09 4Q09 1Q10 2Q10 3Q10 Res CRE Balances 1.432 0.477 0.34 0.269 0.177 0.131 Res CRE Commitments 0.9 0.1 0.09 0.04 0.02 0.02 NPLs as % of portfolio 0.078 0.546 0.606 0.6323 0.5573 0.6036 30+day Del. 0.0428 0.0233 0.0219 0.0509 0.0374 0.0013 93% $2.5B

C&I Income CRE Res CRE DCF 59 0 0 Collateral Dependent 45 90 88 Market Value 0 0 0 C&I Income CRE Res CRE DCF 105 52 33 Collateral Dependent 0 0 0 Individually Impaired Commercial Loans Classified non-accrual Commercial loans over $1mm are individually assessed for impairment Collateral-dependent Commercial loans are generally charged-down to net realizable value rather than holding reserves Prior quarters reflected a higher mix of collateral dependent loans; as Non-Strategic construction loans wind down, mix is shifting to more discounted cash flow-based loans 1At 9/30/10. Individually Impaired Commercial Loans with Reserves1 Individually Impaired Commercial Loans without Reserves1 DCF Collateral Dependent $103 $90 $88 $105 $52 $33 $120MM $120MM

Reconciliation to GAAP Financials Slides in this presentation use non-GAAP information of pre-tax, pre-provision earnings. That information is not presented according to generally accepted accounting principles (GAAP), and is reconciled to GAAP information below. Numbers may not add to total due to rounding.

Reconciliation to GAAP Financials Slides in this presentation use non-GAAP information of tangible assets, tangible common equity, tier 1 common capital, and various ratios using one or more of those measures. That information is not presented according to generally accepted accounting principles (GAAP), and is reconciled to GAAP information below. 1Includes goodwill and other intangible assets, net of amortization. 2Current quarter is an estimate. Numbers may not add to total due to rounding.