Restructuring, Repositioning, And Efficiency (Tables)

9 Months Ended

Sep. 30, 2013

Restructuring, Repositioning, And Efficiency [Abstract]

Schedule Of Restructuring And Repositioning Liability

Activity in the restructuring and repositioning liability for the three and nine months ended September 30, 2013 and 2012, is presented in the following table, along with other restructuring and repositioning expenses recognized.
		Three Months Ended								Nine Months Ended
		September 30								September 30
		2013				2012				2013				2012
(Dollars in thousands)		Expense		Liability		Expense		Liability		Expense		Liability		Expense		Liability
Beginning balance		$	-	$	4,277	$	-	$	8,947	$	-	$	19,775	$	-	$	12,026
Severance and other employee related costs			1,160		1,160		2,730		2,730		2,620		2,620		4,769		4,769
Facility consolidation costs			38		38		41		41		416		416		(134)		(134)
Other exit costs, professional fees, and other			-		-		-		-		-		-		111		111
Total accrued			1,198		5,475		2,771		11,718		3,036		22,811		4,746		16,772
Payments related to:
	Severance and other employee related costs				826				5,718				17,490				8,680
	Facility consolidation costs				248				529				824				1,406
	Other exit costs, professional fees, and other				-				-				-				15
Accrual reversals					7				17				103				1,217
	Restructuring and repositioning reserve balance			$	4,394			$	5,454			$	4,394			$	5,454
Other restructuring and repositioning expense:
	Mortgage banking expense on servicing sales		2,192				-				2,192				2,287
	(Gains)/losses on divestitures		(365)				(180)				(1,004)				(865)
	Impairment of premises and equipment		369				-				369				5
	Impairment of other assets		-				-				-				12
	Other		-				-				(96)				-
	Total other restructuring and repositioning expense		2,196				(180)				1,461				1,439
Total restructuring and repositioning charges		$	3,394			$	2,591			$	4,497			$	6,185

Schedule Of Cumulative Costs Associated With Restructuring, Repositioning, And Efficiency Initiatives

FHN began initiatives related to restructuring in second quarter 2007. Consequently, the following table presents cumulative amounts incurred to date through September 30, 2013, for costs associated with FHN’s restructuring, repositioning, and efficiency initiatives:
(Dollars in thousands)		Total Expense
Severance and other employee related costs			$	103,313
Facility consolidation costs				41,112
Other exit costs, professional fees, and other				19,165
Other restructuring and repositioning expense:
	Loan portfolio divestiture			7,672
	Mortgage banking expense on servicing sales			26,002
	(Gains)/losses on divestitures			(722)
	Impairment of premises and equipment			22,766
	Impairment of intangible assets			48,231
	Impairment of other assets			40,504
	Other			7,478
Total restructuring and repositioning charges incurred to date as of September 30, 2013			$	315,521