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CONSOLIDATED CONDENSED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 537,564 $ 633,728
Federal funds sold 30,050 46,536
Securities purchased under agreements to resell (Note 15) 562,435 586,629
Total cash and cash equivalents 1,130,049 1,266,893
Interest-bearing cash 670,525 482,405
Trading securities 1,877,514 1,346,207
Loans held-for-sale [1] 595,601 593,790
Securities available-for-sale (Note 3) 4,544,907 4,445,403
Securities held-to-maturity (Note 3) 10,000 10,000
Loans, net of unearned income [2] 33,378,303 31,061,111
Less: Allowance for loan losses 444,490 200,307
Total net loans 32,933,813 30,860,804
Goodwill (Note 6) 1,432,787 1,432,787
Other intangible assets, net (Note 6) 124,892 130,200
Fixed income receivables 180,569 40,114
Premises and equipment, net (March 31, 2020 and December 31, 2019 include $7.5 million and $9.7 million, respectively, classified as held-for-sale) 447,812 455,006
Other real estate owned (OREO) [3] 15,837 17,838
Derivative assets (Note 14) 696,250 183,115
Other assets 2,536,822 2,046,338
Total assets 47,197,378 43,310,900
Deposits:    
Savings 13,860,342 11,664,906
Time deposits, net 3,058,198 3,618,337
Other interest-bearing deposits 8,561,302 8,717,341
Interest-bearing 25,479,842 24,000,584
Noninterest-bearing 8,939,808 8,428,951
Total deposits 34,419,650 32,429,535
Federal funds purchased 476,013 548,344
Securities sold under agreements to repurchase (Note 15) 788,595 716,925
Trading liabilities 452,611 505,581
Other short-term borrowings 4,060,673 2,253,045
Term borrowings 792,751 791,368
Fixed income payables 91,274 49,535
Derivative liabilities (Note 14) 234,984 67,480
Other liabilities 825,247 873,079
Total liabilities 42,141,798 38,234,892
First Horizon National Corporation Shareholders’ Equity:    
Preferred stock - Series A, non-cumulative perpetual, no par value, liquidation preference of $100,000 per share - (shares authorized - 1,000; shares issued - 1,000 on March 31, 2020 and December 31, 2019) 95,624 95,624
Common stock - $.625 par value (shares authorized - 400,000,000; shares issued - 311,862,565 on March 31, 2020 and 311,469,056 on December 31, 2019) 194,914 194,668
Capital surplus 2,938,670 2,931,451
Undivided profits 1,667,105 1,798,442
Accumulated other comprehensive loss, net (Note 8) (136,164) (239,608)
Total First Horizon National Corporation Shareholders’ Equity 4,760,149 4,780,577
Noncontrolling interest 295,431 295,431
Total equity 5,055,580 5,076,008
Total liabilities and equity $ 47,197,378 $ 43,310,900
[1]
March 31, 2020 and December 31, 2019 include $4.7 million and $6.8 million, respectively, of held-for-sale consumer mortgage loans secured by residential real estate in process of foreclosure.
[2]
March 31, 2020 and December 31, 2019 include $20.8 million and $18.8 million, respectively, of held-to-maturity consumer mortgage loans secured by residential real estate in process of foreclosure.
[3]
March 31, 2020 and December 31, 2019 include $7.8 million and $9.2 million, respectively, of foreclosed residential real estate.