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Loans and Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Schedule Of Loans By Portfolio Segment The following table provides the amortized cost basis of loans and leases by portfolio segment and class as of September 30, 2020 and December 31, 2019, excluding accrued interest of $177.5 million and $84.6 million, which is included in Other assets in the Consolidated Balance Sheets.
September 30,December 31,
(Dollars in thousands)20202019
Commercial:
Commercial and industrial (a)$28,048,649 $15,640,208 
Loans to mortgage companies5,607,068 4,410,883 
   Total commercial, financial, and industrial 33,655,717 20,051,091 
Commercial real estate12,510,887 4,337,017 
Consumer:
HELOC2,549,837 1,287,441 
R/E installment loans9,778,032 4,889,698 
   Total consumer real estate12,327,869 6,177,139 
Credit card and other1,212,058 495,864 
Loans and leases$59,706,531 $31,061,111 
Allowance for loan and lease losses(988,102)(200,307)
Net loans and leases$58,718,429 $30,860,804 
(a)September 30, 2020 balance includes equipment financing leases of $524.2 million.
Financing Receivable Credit Quality Indicators
The following tables provide the amortized cost basis of the commercial loan portfolio by year of origination and credit quality indicator as of September 30, 2020:
 C&I
(Dollars in thousands)20202019201820172016Prior to 2016 LMC (a)Revolving
Loans		Revolving
Loans converted
to term loans (b)		Total
Credit Quality Indicator:
Pass (PD grades 1 through 12) (c)$7,795,816 $5,770,378 $3,036,673 $1,917,886 $1,323,236 $2,414,920 $5,607,068 $4,533,240 $60,592 $32,459,809 
Special Mention (PD grade 13)86,675 75,224 53,067 22,692 45,640 80,438 — 123,383 47,364 534,483 
Substandard, Doubtful, or Loss (PD grades 14,15, and 16)107,126 111,716 109,639 50,811 60,082 46,871 — 165,173 10,007 661,425 
Total C&I loans$7,989,617 $5,957,318 $3,199,379 $1,991,389 $1,428,958 $2,542,229 $5,607,068 $4,821,796 $117,963 $33,655,717 
(a)     LMC includes non-revolving commercial lines of credit to qualified mortgage companies primarily for the temporary warehousing of eligible mortgage loans prior to the borrower's sale of those mortgage loans to third party investors. The loans are of short duration with maturities less than one year.
(b)    $40.0 million of C&I loans were converted from revolving to term in 2020.
(c)    2020 balance includes PPP loans.

CRE
(Dollars in thousands)20202019201820172016prior to 2016Revolving
Loans		Revolving
Loans converted
to term loans		Total
Credit Quality Indicator:
Pass (PD grades 1 through 12)2,099,167 3,244,741 1,940,046 1,410,004 1,056,094 2,015,504 300,752 18,836 12,085,144 
Special Mention (PD grade 13)15,089 31,230 97,016 35,573 83,254 45,875 4,065 — 312,102 
Substandard, Doubtful, or Loss (PD grades 14,15, and 16)676 2,481 22,018 41,211 8,180 31,746 7,329 — 113,641 
Total CRE loans2,114,932 3,278,452 2,059,080 1,486,788 1,147,528 2,093,125 312,146 18,836 12,510,887 
The following table provides the balances of commercial loan portfolio classes with associated allowance, disaggregated by PD grade as of December 31, 2019.
 December 31, 2019
(Dollars in thousands)C&ILoans to
Mortgage
Companies		CRETotalPercentage
of Total		Allowance
for Loan
Losses
PD Grade:
Pass (PD grades 1 through 12) (a)$15,035,946 $4,410,883 $4,252,361 $23,699,190 98 %$114,094 
Special Mention (PD grade 13)232,823 — 34,092 266,915 1 8,142 
Substandard, Doubtful, or Loss (PD grades 14,15, and 16)263,076 — 44,026 307,102 1 29,318 
Collectively evaluated for impairment15,531,845 4,410,883 4,330,479 24,273,207 100 151,554 
Individually evaluated for impairment82,438 — 1,563 84,001 — 6,196 
Purchased credit-impaired loans25,925 — 4,975 30,900 — 848 
Total commercial loans$15,640,208 $4,410,883 $4,337,017 $24,388,108 100 %$158,598 
(a) Balances presented net of a $19.1 million valuation allowance.
The following table reflects the amortized cost basis by year of origination and refreshed FICO scores for consumer real estate loans as of September 30, 2020. Within consumer real estate, classes include home equity line of credit ("HELOC") and real estate installment. HELOCs are loans which during their draw period are classified as revolving loans. Once the draw period ends and the loan enters its repayment period, the loan converts to a term loan and is classified as revolving loans converted to term loans. All loans classified in the following table as revolving loans or revolving loans converted to term loans are HELOCs. Real estate installment loans are originated as a fixed term loan and are classified below in their vintage year from prior to 2016 to 2020. All loans in the following table classified in a vintage year are real estate installment loans.
 Consumer Real Estate
(Dollars in  thousands)20202019201820172016Prior to 2016Revolving
Loans		Revolving
Loans converted
to term loans (a)		Total
FICO score 740 or greater$809,079 $1,242,805 $797,553 $677,865 $746,150 $1,910,304 $1,304,498 $178,921 $7,667,175 
FICO score 720-73996,670 168,223 110,859 81,669 93,933 205,824 204,419 30,342 991,939 
FICO score 700-71984,995 122,293 89,193 84,727 73,587 225,227 181,823 39,361 901,206 
FICO score 660-69988,346 146,789 143,213 88,989 91,062 316,577 263,818 63,156 1,201,950 
FICO score 620-65921,847 73,365 40,104 28,207 36,391 140,682 87,205 39,707 467,508 
FICO score less than 620 357,712 48,100 53,006 61,476 97,995 323,215 99,561 57,026 1,098,091 
Total$1,458,649 $1,801,575 $1,233,928 $1,022,933 $1,139,118 $3,121,829 $2,141,324 $408,513 $12,327,869 
(a) $22.7 million of HELOC loans were converted from revolving to term in 2020.

The following table reflects the amortized cost basis by year of origination and refreshed FICO scores for credit card and other loans as of September 30, 2020.
 Credit Card and Other
(Dollars in  thousands)20202019201820172016Prior to 2016Revolving
Loans		Revolving
Loans converted
to term loans (a)		Total
FICO score 740 or greater$45,014 $60,629 $67,379 $44,445 $27,990 $129,793 $143,754 $5,263 $524,267 
FICO score 720-7396,617 8,673 10,856 9,913 9,051 29,740 90,623 1,630 167,103 
FICO score 700-7196,172 9,215 9,903 8,635 4,567 42,102 41,039 1,731 123,364 
FICO score 660-69927,173 14,206 16,352 11,032 10,600 53,772 54,963 3,737 191,835 
FICO score 620-6593,526 5,559 7,990 5,761 12,823 29,168 19,492 1,406 85,725 
FICO score less than 620 22,715 7,406 16,024 10,876 9,432 28,960 22,835 1,516 119,764 
Total$111,217 $105,688 $128,504 $90,662 $74,463 $313,535 $372,706 $15,283 $1,212,058 
(a) $5.3 million of other consumer loans were converted from revolving to term in 2020.
The following table reflects the percentage of balances outstanding, by average refreshed FICO scores, for the HELOC and real estate installment classes of loans as of December 31, 2019.
 December 31, 2019
(Dollars in thousands)HELOCR/E Installment Loans (b)
FICO score 740 or greater62.0 %71.9 %
FICO score 720-7398.6 8.3 
FICO score 700-7197.6 6.3 
FICO score 660-69910.8 8.1 
FICO score 620-6594.7 2.8 
FICO score less than 620 (a)6.3 2.6 
Total100.0 %100.0 %
(a)    For this group, a majority of the loan balances had FICO scores at the time of the origination that exceeded 620 but have since deteriorated as the loans have seasoned.
Accruing And Non-Accruing Loans By Class
The following table reflects accruing and non-accruing loans and leases by class on September 30, 2020:
 AccruingNon-Accruing 
(Dollars in thousands)Current30-89
Days
Past Due		90+
Days
Past Due		Total
Accruing		Current30-89
Days
Past Due		90+
Days
Past Due		Total
Non-
Accruing		Total
Loans
Commercial, financial, and industrial:
C&I (a) (b)$27,815,798 $19,892 $149 $27,835,839 $126,674 $25,327 $60,809 $212,810 $28,048,649 
Loans to mortgage companies5,607,068 — — 5,607,068 — — — — 5,607,068 
Total commercial and industrial33,422,866 19,892 149 33,442,907 126,674 25,327 60,809 212,810 33,655,717 
Commercial real estate:
CRE12,444,693 15,133 — 12,459,826 42,517 2,531 6,013 51,061 12,510,887 
Consumer real estate:
HELOC2,467,907 11,884 6,892 2,486,683 47,101 4,628 11,425 63,154 2,549,837 
R/E installment loans9,631,513 22,922 6,663 9,661,098 54,606 3,394 58,934 116,934 9,778,032 
Total consumer real estate12,099,420 34,806 13,555 12,147,781 101,707 8,022 70,359 180,088 12,327,869 
Credit card and other:
Credit card267,880 1,513 789 270,182 242 38 49 329 270,511 
Other936,179 2,698 122 938,999 963 682 903 2,548 941,547 
Total credit card and other1,204,059 4,211 911 1,209,181 1,205 720 952 2,877 1,212,058 
Total loans and leases, net of unearned income$59,171,038 $74,042 $14,615 $59,259,695 $272,103 $36,600 $138,133 $446,836 $59,706,531 

(a) $125.7 million of C&I loans are nonaccrual loans that have been specifically reviewed for impairment with no related allowance.
(b) C&I loans include $209.4 million in TRUPs loans, which are presented net of an amortizing discount of $18.2 million.
The following table reflects accruing and non-accruing loans by class on December 31, 2019:
 AccruingNon-Accruing 
(Dollars in thousands)Current30-89
Days
Past Due		90+
Days
Past Due		Total
Accruing		Current30-89
Days
Past Due		90+
Days
Past Due		Total
Non-
Accruing		Total
Loans
Commercial, financial, and industrial:
C&I (a)$15,532,579 $7,155 $237 $15,539,971 $36,564 $14,385 $23,363 $74,312 $15,614,283 
Loans to mortgage companies4,410,883 — — 4,410,883 — — — — 4,410,883 
Purchased credit-impaired loans23,840 287 1,798 25,925 — — — — 25,925 
Total commercial and industrial19,967,302 7,442 2,035 19,976,779 36,564 14,385 23,363 74,312 20,051,091 
Commercial real estate:
CRE4,329,531 686 — 4,330,217 — 485 1,340 1,825 4,332,042 
Purchased credit-impaired loans4,752 128 95 4,975 — — — — 4,975 
Total commercial real estate4,334,283 814 95 4,335,192 — 485 1,340 1,825 4,337,017 
Consumer real estate:
HELOC1,217,344 9,156 5,669 1,232,169 43,007 4,227 7,472 54,706 1,286,875 
R/E installment loans4,812,446 12,894 9,170 4,834,510 20,710 1,076 9,202 30,988 4,865,498 
Purchased credit-impaired loans18,720 2,770 3,276 24,766 — — — — 24,766 
Total consumer real estate6,048,510 24,820 18,115 6,091,445 63,717 5,303 16,674 85,694 6,177,139 
Credit card and other:
Credit card198,917 1,076 1,178 201,171 — — — — 201,171 
Other291,700 1,802 337 293,839 101 44 189 334 294,173 
Purchased credit-impaired loans323 98 99 520 — — — — 520 
Total credit card and other490,940 2,976 1,614 495,530 101 44 189 334 495,864 
Total loans and leases, net of unearned income$30,841,035 $36,052 $21,859 $30,898,946 $100,382 $20,217 $41,566 $162,165 $31,061,111 
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)     C&I loans include $218.3 million in TRUPs loans, which are presented net of an amortizing discount of $19.1 million.
Schedule Of Troubled Debt Restructurings Occurring During The Year
The following tables present the end of period balance for loans modified in a TDR during the periods indicated:
 Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
(Dollars in thousands)NumberPre-Modification
Outstanding
Recorded Investment		Post-Modification
Outstanding
Recorded Investment		NumberPre-Modification
Outstanding
Recorded Investment		Post-Modification
Outstanding
Recorded Investment
Commercial, financial, and industrial:
C&I83 $130,281 $119,591 87 $140,857 $128,723 
Total commercial and industrial83 130,281 119,591 87 140,857 128,723 
Commercial real estate:
 CRE14 11,848 11,825 14 11,848 11,825 
Total commercial real estate14 11,848 11,825 14 11,848 11,825 
Consumer real estate:
HELOC35 2,623 2,584 47 3,687 3,626 
R/E installment loans44 6,075 6,022 94 15,379 15,260 
Total consumer real estate79 8,698 8,606 141 19,066 18,886 
Credit card and other10 80 76 50 334 313 
Total troubled debt restructurings186 $150,907 $140,098 292 $172,105 $159,747 
 Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
(Dollars in thousands)NumberPre-Modification
Outstanding
Recorded Investment		Post-Modification
Outstanding
Recorded Investment		NumberPre-Modification
Outstanding
Recorded Investment		Post-Modification
Outstanding
Recorded Investment
Commercial, financial, and industrial:
C&I1 $62 $59 4 $14,179 $14,101 
Total commercial and industrial1 62 59 4 14,179 14,101 
Consumer real estate:
HELOC13 1,638 1,631 57 7,013 6,950 
R/E installment loans16 1,771 1,854 82 10,730 10,790 
Total consumer real estate29 3,409 3,485 139 17,743 17,740 
Credit card and other35 134 126 68 317 300 
Total troubled debt restructurings65 $3,605 $3,670 211 $32,239 $32,141 
Schedule Of Troubled Debt Restructurings Within The Previous 12 Months
The following tables present TDRs which re-defaulted during the three and nine months ended September 30, 2020 and 2019, and as to which the modification occurred 12 months or less prior to the re-default. For purposes of this disclosure, FHN generally defines payment default as 30 or more days past due.
 Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
(Dollars in thousands)NumberRecorded
Investment		NumberRecorded
Investment
Commercial (C&I):
General C&I— $— — $— 
Total commercial (C&I)— — — — 
Consumer real estate:
HELOC1 32 8 34 
R/E installment loans6 839 16 841 
Total consumer real estate7 871 24 875 
Credit card & other7 24 21 24 
Total troubled debt restructurings14 $895 45 $899 

 Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
(Dollars in thousands)NumberRecorded
Investment		NumberRecorded
Investment
Commercial (C&I):
General C&I— $— — $— 
Total commercial (C&I)— — — — 
Consumer real estate:
HELOC2 99 4 198 
R/E installment loans1 7 2 45 
Total consumer real estate3 106 6 243 
Credit card & other8 45 23 77 
Total troubled debt restructurings11 $151 29 $320 
Financing Receivable, Purchased with Credit Deterioration, Amount at Purchase Price For PCD loans acquired or purchased during the third quarter of 2020, a reconciliation of the unpaid principal balance, contractual cash flow owed to FHN at acquisition date, and purchase price is presented in the following table.
Three Months Ended September 30, 2020
(Dollars in thousands)C&ICREConsumer Real EstateCredit Card and OtherTotal
Par value (UPB)$4,074,927 $6,435,556 $2,393,677 $192,980 $13,097,140 
Allowance for Loan Losses (a)(137,702)(100,123)(44,141)(4,845)(286,811)
(Discount) Premium(64,328)3,485 (31,764)(3)(92,610)
Purchase Price$3,872,897 $6,338,918 $2,317,772 $188,132 $12,717,719 
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Accretable Yield Movement Schedule Rollforward The following table presents a rollforward of the accretable yield for the year ended December 31, 2019:
Year Ended
(Dollars in thousands)2019
Balance, beginning of period$13,375 
Accretion(5,792)
Adjustment for payoffs(2,438)
Adjustment for charge-offs(479)
Adjustment for pool excess recovery (a)— 
Increase in accretable yield (b)5,513 
Disposals(4)
Other(367)
Balance, end of period$9,808 
(a)     Represents the removal of accretable difference for the remaining loans in a pool which is now in a recovery state.
(b)     Includes changes in the accretable yield due to both transfers from the nonaccretable difference and the impact of changes in the expected timing of the cash flows.
Schedule of Acquired Purchase Credit Impaired Loans by Portfolio Segment
The following table reflects the outstanding principal balance and carrying amounts of the acquired PCI loans as of December 31, 2019:
 December 31, 2019
(Dollars in thousands)Carrying valueUnpaid balance
Commercial, financial and industrial$24,973 $25,938 
Commercial real estate5,078 5,466 
Consumer real estate23,681 26,245 
Credit card and other489 567 
Total$54,221 $58,216 
Information By Class Related To Individually Impaired Loans
The following tables provide additional disclosures previously required by ASC Topic 310 related to FHN's December 31, 2019 balances. Information on impaired loans at December 31, 2019 was as follows:
 December 31, 2019
(Dollars in thousands)Recorded
Investment		Unpaid
Principal
Balance		Related
Allowance
Impaired loans with no related allowance recorded:
Commercial:
C&I$52,672 $63,602 $— 
CRE1,563 1,563 — 
Total$54,235 $65,165 $— 
Consumer:
HELOC (a)$4,940 $10,438 $— 
R/E installment loans (a)7,593 10,054 — 
Total$12,533 $20,492 $— 
Impaired loans with related allowance recorded:
Commercial:
C&I$29,766 $31,536 $6,196 
CRE— — — 
Total$29,766 $31,536 $6,196 
Consumer:
HELOC$55,522 $59,122 $7,016 
R/E installment loans94,191 104,121 12,282 
Credit card & other653 653 422 
Total$150,366 $163,896 $19,720 
Total commercial$84,001 $96,701 $6,196 
Total consumer$162,899 $184,388 $19,720 
Total impaired loans$246,900 $281,089 $25,916 
(a)All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance.
Three Months Ended September 30,Nine Months Ended September 30
 20192019
(Dollars in thousands)Average
Recorded
Investment		Interest
Income
Recognized		Average
Recorded
Investment		Interest
Income
Recognized
Impaired loans with no related allowance recorded:
Commercial:
   C&I$64,558 $173 $62,553 $530 
Loans to mortgage companies18,628 — 12,419 — 
   CRE1,690 3 1,576 30 
   Total$84,876 $176 $76,548 $560 
Consumer:
   HELOC (a)$6,495 $— $6,852 $— 
   R/E installment loans (a)8,147 — 8,564 — 
   Total$14,642 $— $15,416 $— 
Impaired loans with related allowance recorded:
Commercial:
   C&I$14,620 $4 $10,892 $4 
   TRUPS2,750 — 2,806 — 
   CRE169 — 294 9 
   Total$17,539 $4 $13,992 $13 
Consumer:
   HELOC$60,312 $449 $62,650 $1,475 
   R/E installment loans102,576 787 106,175 2,424 
   Credit card & other710 4 697 13 
   Total$163,598 $1,240 $169,522 $3,912 
Total commercial$102,415 $180 $90,540 $573 
Total consumer$178,240 $1,240 $184,938 $3,912 
Total impaired loans$280,655 $1,420 $275,478 $4,485 
(a)All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance.