Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2011

Variable Interest Entities [Abstract]

Summary Of VIE Consolidated By FHN

	September 30, 2011
	On-Balance Sheet Consumer Loan Securitizations		Rabbi Trusts Used for Deferred Compensation Plans
(Dollars in thousands)	Carrying  Value		Carrying Value
Assets:
Cash and due from banks		$4,719		N/A
Loans, net of unearned income		665,744		N/A
Less: Allowance for loan losses		32,369		N/A
Total net loans		633,375		N/A
Other assets		$13,645		$60,113
Total assets		$651,739		$60,113
Term borrowings		$653,120		N/A
Other liabilities		66		$49,911
Total liabilities		$653,186		$49,911

	September 30, 2010
	On-Balance Sheet Consumer Loan Securitizations		Rabbi Trusts Used for Deferred Compensation Plans
(Dollars in thousands)	Carrying  Value		Carrying Value
Assets:
Loans, net of unearned income		$796,529		N/A
Less: Allowance for loan losses		47,840		N/A
Total net loans		748,689		N/A
Other assets		$19,078		$60,340
Total assets		$767,767		$60,340
Noninterest-bearing deposits		$1,058		N/A
Term borrowings		796,120		N/A
Other liabilities		96		$54,439
Total liabilities		$797,274		$54,439

Summary Of VIE Not Consolidated By FHN

	September 30, 2011
(Dollars in thousands) Type	Maximum Loss Exposure		Liability Recognized		Classification
Low income housing partnerships (a) (b)		$76,607		$  -	Other assets
Small issuer trust preferred holdings (c)		457,156		-	Loans, net of unearned income
On-balance sheet trust preferred securitization		62,253		51,908	(d)
Proprietary trust preferred issuances (e)		N/A		206,186	Term borrowings
Proprietary & agency residential mortgage securitizations		476,329		-	(f)
Holdings of agency mortgage-backed securities (c)		3,588,871		-	(g)
Short positions in agency mortgage-backed securities (e)		N/A		1,617	Trading liabilities
Commercial loan troubled debt restructurings (h) (i)		98,977		-	Loans, net of unearned income
Managed discretionary trusts (e)		N/A		N/A	N/A

(a) Maximum loss exposure represents $75.1 million of current investments and $1.5 million of contractual funding commitments. Only the current investment amount is included in Other assets.

(b) A liability is not recognized because investments are written down over the life of the related tax credit.

(c) Maximum loss exposure represents the value of current investments. A liability is not recognized as FHN is solely a holder of the trusts' securities.

(d) $112.5 million classified as Loans, net of unearned income, and $1.7 million classified as Trading securities which are offset by $51.9 million classified as Term borrowings.

(e) No exposure to loss due to the nature of FHN's involvement.

(f) Includes $80.9 million and $50.6 million classified as MSR and $12.2 million and $15.5 million classified as Trading securities related to proprietary and agency residential mortgage securitizations, respectively. Aggregate servicing advances of $317.1 million are classified as Other assets.

(g) Includes $563.7 million classified as Trading securities and $3.0 billion classified as Securities available for sale.

(h) Maximum loss exposure represents $98.4 million of current receivables and $.6 million of contractual funding commitments on loans related to commercial borrowers involved in a troubled debt restructuring.

(i) A liability is not recognized as the loans are the only variable interests held in the troubled commercial borrowers' operations.

	September 30, 2010
(Dollars in thousands) Type	Maximum Loss Exposure		Liability Recognized		Classification
Low income housing partnerships (a) (b)		$94,702		$  -	Other assets
Small issuer trust preferred holdings (c)		465,350		-	Loans, net of unearned income
On-balance sheet trust preferred securitization		63,186		50,988	(d)
Proprietary trust preferred issuances (e)		N/A		309,000	Term borrowings
Proprietary & agency residential mortgage securitizations		330,053		-	(f)
Holdings of agency mortgage-backed securities (c)		2,773,925		-	(g)
Short positions in agency mortgage-backed securities (e)		N/A		11,357	Trading liabilities
Commercial loan troubled debt restructurings (h) (i)		127,699		-	Loans, net of unearned income
Managed discretionary trusts (e)		N/A		N/A	N/A

(a) Maximum loss exposure represents $93.4 million of current investments and $1.3 million of contractual funding commitments. Only the current investment amount is included in Other Assets.

(b) A liability is not recognized because investments are written down over the life of the related tax credit.

(c) Maximum loss exposure represents the value of current investments. A liability is not recognized as FHN is solely a holder of the trusts' securities.

(d) $112.5 million was classified as Loans, net of unearned income, and $1.7 million was classified as Trading securities which are offset by $51.0 million classified as Term borrowings.

(e) No exposure to loss due to the nature of FHN's involvement.

(f) Includes $99.2 million and $67.0 million classified as Mortgage servicing rights and $16.1 million and $20.8 million classified as Trading securities related to proprietary and agency residential mortgage securitizations, respectively. Aggregate servicing advances of $239.9 million are classified as Other assets and is offset by aggregate custodial balances of $112.9 million classified as Noninterest-bearing deposits.

(g) Includes $612.3 million classified as Trading securities and $2.2 billion classified as Securities available for sale.

(h) Maximum loss exposure represents $123.1 million of current receivables and $4.6 million of contractual funding commitments on loans related to commercial borrowers involved in a troubled debt restructuring.

(i) A liability is not recognized as the loans are the only variable interests held in the troubled commercial borrowers' operations.