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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting, Measurement Disclosures [Abstract]  
Amounts Of Consolidated Revenue, Expense, Tax And Assets
The following table reflects the amounts of consolidated revenue, expense, tax, and average assets for each segment for the three and nine months ended September 30:
 Three Months Ended
September 30,
Nine Months Ended
September 30,
(Dollars in thousands)2020201920202019
Consolidated
Net interest income$532,365 $300,676 $1,140,511 $898,794 
Provision for credit losses (a)227,000 14,366 502,388 36,273 
Noninterest income822,923 171,735 1,203,948 470,773 
Noninterest expense587,040 308,306 1,210,139 904,883 
Income before income taxes541,248 149,739 631,932 428,411 
Provision for income taxes 2,210 35,796 19,757 97,321 
Net income$539,038 $113,943 $612,175 $331,090 
Average assets$81,683,111 $41,940,901 $57,810,478 $41,359,574 
(a)Increase in provision expense for the three and nine months ended September 30, 2020 is primarily due to provision related to non-PCD loans acquired in the IBKC merger and Truist branch acquisition and the economic forecast attributable to the COVID-19 pandemic.
 Three Months Ended
September 30,
Nine Months Ended
September 30,
(Dollars in thousands)2020201920202019
Regional Banking
Net interest income$583,907 $302,467 $1,233,654 $885,932 
Provision for credit losses227,326 19,839 501,453 50,967 
Noninterest income172,457 85,930 333,669 240,555 
Noninterest expense373,680 193,956 768,870 586,697 
Income before income taxes155,358 174,602 297,000 488,823 
Provision for income taxes34,744 41,795 65,497 115,266 
Net income$120,614 $132,807 $231,503 $373,557 
Average assets$64,371,210 $31,632,768 $44,170,906 $30,231,372 
Fixed Income
Net interest income$11,632 $5,309 $36,088 $18,809 
Noninterest income110,783 77,808 319,741 197,238 
Noninterest expense67,395 67,582 231,488 173,656 
Income before income taxes55,020 15,535 124,341 42,391 
Provision for income taxes13,456 3,707 30,236 10,001 
Net income$41,564 $11,828 $94,105 $32,390 
Average assets$3,002,282 $2,882,478 $3,341,255 $2,952,925 
Corporate
Net interest income (expense)$(69,187)$(13,252)$(145,847)$(28,136)
Noninterest income539,668 7,359 548,891 30,112 
Noninterest expense142,894 42,297 199,461 139,052 
Income (loss) before income taxes327,587 (48,190)203,583 (137,076)
Provision (benefit) for income taxes (46,785)(11,632)(77,690)(36,416)
Net income (loss)$374,372 $(36,558)$281,273 $(100,660)
Average assets$13,595,544 $6,434,633 $9,527,471 $7,098,500 
Non-Strategic
Net interest income$6,013 $6,152 $16,616 $22,189 
Provision/(provision credit) for loan losses(326)(5,473)935 (14,694)
Noninterest income15 638 1,647 2,868 
Noninterest expense3,071 4,471 10,320 5,478 
Income before income taxes3,283 7,792 7,008 34,273 
Provision for income taxes795 1,926 1,714 8,470 
Net income$2,488 $5,866 $5,294 $25,803 
Average assets$714,075 $991,022 $770,846 $1,076,777 

Certain previously reported amounts have been reclassified to agree with current presentation.
The following tables reflect a disaggregation of FHN’s noninterest income by major product line and reportable segment for the three months ended September 30, 2020 and 2019:
Three months ended September 30, 2020
(Dollars in thousands)Regional BankingFixed IncomeCorporateNon-StrategicConsolidated
Fixed income (a)380 110,563   110,943 
Mortgage banking and title income65,569  23 (89)65,503 
Deposit transactions and cash management40,500  1,528 28 42,056 
Brokerage, management fees and commissions19,595  (1,704) 17,891 
Trust services and investment management14,599  (2,858) 11,741 
Bankcard income10,150  277 30 10,457 
Securities gains (losses), net (b)  (1,170) (1,170)
Purchase accounting gain  532,150  532,150 
Other income (c)21,664 220 11,422 46 33,352 
Total noninterest income$172,457 $110,783 $539,668 $15 $822,923 
(a)Includes $9.9 million of underwriting, portfolio advisory, and other noninterest income in scope of Accounting Standards Codification ("ASC") 606, "Revenue From Contracts With Customers."
(b)Represents noninterest income excluded from the scope of ASC 606. Amount is presented for informational purposes to reconcile total noninterest income.
(c)Includes other service charges, ATM and interchange fees, electronic banking fees, and insurance commissions in scope of ASC 606.

Three months ended September 30, 2019
(Dollars in thousands)Regional BankingFixed IncomeCorporateNon- StrategicConsolidated
Fixed income (a)57 77,588 — — 77,645 
Mortgage banking and title income1,643 — — 376 2,019 
Deposit transactions and cash management32,624 — 1,721 34 34,379 
Brokerage, management fees and commissions14,157 — — — 14,157 
Trust services and investment management7,190 — (27)— 7,163 
Bankcard income7,030 11 63 (87)7,017 
Securities gains (losses), net (b)— — 97 — 97 
Other income (c)23,229 209 5,505 315 29,258 
Total noninterest income$85,930 $77,808 $7,359 $638 $171,735 
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)Includes $9.2 million of underwriting, portfolio advisory, and other noninterest income in scope of Accounting Standards
Codification ("ASC") 606, "Revenue From Contracts With Customers."
(b)Represents noninterest income excluded from the scope of ASC 606. Amount is presented for informational purposes to reconcile
total noninterest income.
(c)Includes other service charges, ATM and interchange fees, electronic banking fees, and insurance commissions in scope of ASC
606.
The following tables reflect a disaggregation of FHN’s noninterest income by major product line and reportable segment for the nine months ended September 30, 2020 and 2019:
Nine Months Ended September 30, 2020
(Dollars in thousands)Regional BankingFixed IncomeCorporateNon-StrategicConsolidated
Fixed income (a)582 318,417   318,999 
Deposit transactions and cash management98,906  4,131 96 103,133 
Mortgage banking and title income71,168  23 881 72,072 
Brokerage, management fees and commissions48,799  (1,703) 47,096 
Trust services and investment management29,562  (2,893) 26,669 
Bankcard income23,853  421 88 24,362 
Securities gains (losses), net (b)  (2,638) (2,638)
Purchase accounting gain  532,150  532,150 
Other income (c)(d)60,799 1,324 19,400 582 82,105 
Total noninterest income$333,669 $319,741 $548,891 $1,647 $1,203,948 
(a)Includes $28.6 million of underwriting, portfolio advisory, and other noninterest income in scope of Accounting Standards Codification ("ASC") 606, "Revenue From Contracts With Customers."
(b)Represents noninterest income excluded from the scope of ASC 606. Amount is presented for informational purposes to reconcile total noninterest income.
(c)Includes other service charges, ATM and interchange fees, electronic banking fees, and insurance commissions in scope of ASC 606.
(d)Corporate balance includes negative deferred compensation income driven by equity market valuations.

Nine Months Ended September 30, 2019
(Dollars in thousands)Regional BankingFixed IncomeCorporateNon- StrategicConsolidated
Fixed income (a)120 196,582 — 1,106 197,808 
Mortgage banking and title income5,119 — — 1,358 6,477 
Deposit transactions and cash management93,316 4,956 98 98,374 
Brokerage, management fees and commissions40,910 — — — 40,910 
Trust services and investment management22,148 — (71)— 22,077 
Bankcard income20,670 11 185 (542)20,324 
Securities gains (losses), net (b)— — 177 — 177 
Purchase accounting gain— — — — — 
Other income (c)(d)58,272 641 24,865 848 84,626 
Total noninterest income$240,555 $197,238 $30,112 $2,868 $470,773 
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)Includes $23.6 million of underwriting, portfolio advisory, and other noninterest income in scope of Accounting Standards
Codification ("ASC") 606, "Revenue From Contracts With Customers."
(b)Represents noninterest income excluded from the scope of ASC 606. Amount is presented for informational purposes to reconcile
total noninterest income.
(c)Includes other service charges, ATM and interchange fees, electronic banking fees, and insurance commissions in scope of ASC
606.