XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 915 $ 906
Interest-bearing deposits with banks 1,164 1,538
Federal funds sold and securities purchased under agreements to resell 728 631
Trading securities 1,376 1,387
Securities available for sale at fair value 8,075 7,896
Securities held to maturity (fair value of $1,092 and $1,083, respectively) 1,258 1,270
Loans held for sale (including $114 and $85 at fair value, respectively) 510 551
Loans and leases 62,215 62,565
Allowance for loan and lease losses (822) (815)
Net loans and leases 61,393 61,750
Premises and equipment 569 574
Goodwill 1,510 1,510
Other intangible assets 133 143
Other assets 3,860 3,996
Total assets 81,491 82,152
Liabilities    
Noninterest-bearing deposits 15,835 16,021
Interest-bearing deposits 48,373 49,560
Total deposits 64,208 65,581
Trading liabilities 670 550
Short-term borrowings 3,795 3,400
Term borrowings 1,691 1,195
Other liabilities 2,083 2,315
Total liabilities 72,447 73,041
Equity    
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 16,750 shares 426 426
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 507,315,184 and 524,280,412 shares, respectively 317 328
Capital surplus 4,472 4,808
Retained earnings 4,517 4,382
Accumulated other comprehensive loss, net (983) (1,128)
FHN shareholders' equity 8,749 8,816
Noncontrolling interest 295 295
Total equity 9,044 9,111
Total liabilities and equity $ 81,491 $ 82,152