XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 1,028 $ 1,012
Interest-bearing deposits with banks 1,286 1,328
Federal funds sold and securities purchased under agreements to resell 1,008 719
Trading securities 1,549 1,412
Securities available for sale at fair value 8,248 8,391
Securities held to maturity (fair value of $1,144 and $1,161, respectively) 1,282 1,323
Loans held for sale (including $87 and $68 at fair value, respectively) 494 502
Loans and leases 62,445 61,292
Allowance for loan and lease losses (823) (773)
Net loans and leases 61,622 60,519
Premises and equipment 572 590
Goodwill 1,510 1,510
Other intangible assets 154 186
Other assets 3,882 4,169
Total assets 82,635 81,661
Liabilities    
Noninterest-bearing deposits 16,212 17,204
Interest-bearing deposits 50,363 48,576
Total deposits 66,575 65,780
Trading liabilities 767 509
Short-term borrowings 2,585 2,549
Term borrowings 1,202 1,150
Other liabilities 2,190 2,382
Total liabilities 73,319 72,370
Equity    
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 16,750 and 26,750 shares, respectively 426 520
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 532,180,686 and 558,838,694 shares, respectively 333 349
Capital surplus 4,947 5,351
Retained earnings 4,304 3,964
Accumulated other comprehensive loss, net (989) (1,188)
FHN shareholders' equity 9,021 8,996
Noncontrolling interest 295 295
Total equity 9,316 9,291
Total liabilities and equity $ 82,635 $ 81,661