Financial Information (Tables)

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Adoption Adjustments

Based on its implementation efforts, FHN recorded the following adoption adjustments effective January 1, 2020.

(Dollars in thousands)	January 1, 2020
Loans and leases (a)	$	2,980
Allowance for loan and lease losses	(106,394)
Other assets (deferred taxes)	31,330
Total assets	$	(72,084)
Other liabilities (unfunded commitments)	$	23,973
Undivided profits	(96,057)
Total liabilities and equity	$	(72,084)

(a) The effect on loans represents the increase in amortized cost for recognition of the allowance for credit losses on PCD loans.