XML 54 R40.htm IDEA: XBRL DOCUMENT v3.23.2
Master Netting and Similar Agreements—Repurchase, Reverse Repurchase, and Securities Borrowing Transactions (Tables)
6 Months Ended
Jun. 30, 2023
Offsetting [Abstract]  
Securities Purchased Under Agreements To Resell And Collateral Pledged By Counterparties The following table provides details of securities purchased under agreements to resell and collateral pledged by counterparties as of June 30, 2023 and December 31, 2022:
SECURITIES PURCHASED UNDER AGREEMENTS TO RESELL
    Gross amounts not offset in the
Balance Sheets
 
(Dollars in millions)Gross amounts
of recognized
assets
Gross amounts
offset in the
Balance Sheets
Net amounts of
assets presented
in the Balance Sheets
Offsetting
securities sold
under agreements
to repurchase
Securities collateral
(not recognized on
FHN’s Balance Sheets)
Net amount
Securities purchased under agreements to resell:
June 30, 2023$190 $ $190 $ $(188)$2 
December 31, 2022353 — 353 (10)(340)
Securities Sold Under Agreements To Repurchase And Collateral Pledged By Company
The following table provides details of securities sold under agreements to repurchase and collateral pledged by FHN as of June 30, 2023 and December 31, 2022: 
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
    Gross amounts not offset in the
Balance Sheets
 
(Dollars in millions)Gross amounts
of recognized
liabilities
Gross amounts
offset in the
Balance Sheets
Net amounts of
liabilities presented
in the Balance Sheets
Offsetting
securities
purchased under
agreements to resell
Securities/
government
guaranteed loans
collateral
Net amount
Securities sold under agreements to repurchase:
June 30, 2023$1,957 $ $1,957 $ $(1,957)$ 
December 31, 20221,013 — 1,013 (10)(1,003)— 
Schedule of the Remaining Contractual Maturity by Collateral Type of Securities Sold Under Agreements To Repurchase
The following table provides details, by collateral type, of the remaining contractual maturity of securities sold under agreements to repurchase as of June 30, 2023 and December 31, 2022:
MATURITIES OF SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
 June 30, 2023
(Dollars in millions)Overnight and
Continuous
Up to 30 DaysTotal
Securities sold under agreements to repurchase:
Government agency issued MBS$1,757 $ $1,757 
Government agency issued CMO147  147 
Other U.S. government agencies53  53 
Total securities sold under agreements to repurchase$1,957 $ $1,957 
December 31, 2022
(Dollars in millions)Overnight and
Continuous
Up to 30 DaysTotal
Securities sold under agreements to repurchase:
U.S. treasuries$10 $— $10 
Government agency issued MBS851 — 851 
Government agency issued CMO122 — 122 
Other U.S. government agencies30 — 30 
Total securities sold under agreements to repurchase$1,013 $— $1,013