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Consolidated Condensed Statements Of Condition (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Assets:      
Cash and due from banks (Restricted - $1.8 million on June 30, 2011; $0 on June 30, 2010; and $3.1 million on December 31, 2010) $ 313,416 $ 344,384 $ 364,857
Federal funds sold and securities purchased under agreements to resell 598,000 424,390 602,910
Total cash and cash equivalents (Restricted - $1.8 million on June 30, 2011; $0 on June 30, 2010; and $3.1 million on December 31, 2010) 911,416 768,774 967,767
Interest-bearing cash 263,441 517,739 275,148
Trading securities 1,196,380 769,750 1,806,789
Loans held for sale 397,931 375,289 505,237
Securities available for sale (Note 3) 3,230,477 [1] 3,031,930 2,489,819 [2]
Loans, net of unearned income (Restricted - $.7 billion on June 30, 2011; $.8 billion on June 30, 2010; and $.8 billion on December 31, 2010) (Note 4) 16,061,646 [3],[4] 16,782,572 17,154,050 [3],[4]
Less: Allowance for loan losses (Restricted - $33.0 million on June 30, 2011; $50.1 million on June 30, 2010; and $47.5 million on December 31, 2010) (Note 4) 524,091 [3],[4] 664,799 781,269 [3],[4]
Total net loans (Restricted - $.7 billion on June 30, 2011; $.8 billion on June 30, 2010; and $.7 billion on December 31, 2010) 15,537,555 16,117,773 16,372,781
Mortgage servicing rights (Note 5) 186,958 207,319 201,746
Goodwill (Note 6) 135,683 162,180 162,180
Other intangible assets, net (Note 6) 28,384 32,881 35,645
Capital markets receivables 625,243 146,091 828,866
Premises and equipment, net 330,392 322,319 307,452
Real estate acquired by foreclosure 92,662 125,401 122,548
Other assets (Restricted - $13.9 million on June 30, 2011; $24.7 million on June 30, 2010; and $19.7 million on December 31, 2010) 2,117,544 2,121,506 2,178,248
Total assets (Restricted - $.7 billion on June 30, 2011; $.8 billion on June 30, 2010; and $.7 billion on December 31, 2010) 25,054,066 24,698,952 26,254,226
Deposits:      
Savings 6,382,963 6,036,895 5,385,698
Time deposits 1,277,905 1,390,995 1,545,475
Other interest-bearing deposits 2,784,787 2,842,306 3,237,183
Certificates of deposit $100,000 and more 513,269 561,750 623,955
Interest-bearing 10,958,924 10,831,946 10,792,311
Noninterest-bearing (Restricted - $.9 million on June 30, 2011; $.9 million on June 30, 2010; and $1.2 million on December 31, 2010) 4,937,103 4,376,285 4,409,505
Total deposits (Restricted - $.9 million on June 30, 2011; $.9 million on June 30, 2010; and $1.2 million on December 31, 2010) 15,896,027 15,208,231 15,201,816
Federal funds purchased and securities sold under agreements to repurchase 2,005,999 2,114,908 2,278,890
Trading liabilities 498,915 361,920 481,477
Other short-term borrowings and commercial paper 187,902 180,735 487,449
Term borrowings (Restricted - $.7 billion on June 30, 2011; $.8 billion on June 30, 2010; and $.8 billion on December 31, 2010) 2,502,517 3,228,070 2,926,675
Capital markets payables 464,993 65,506 754,079
Other liabilities (Restricted - $0 million on June 30, 2011; $.1 million on June 30, 2010; and $.1 million on December 31, 2010) 816,331 861,577 836,607
Total liabilities (Restricted - $.7 billion on June 30, 2011; $.8 billion on June 30, 2010; and $.8 billion on December 31, 2010) 22,372,684 22,020,947 22,966,993
First Horizon National Corporation Shareholders' Equity:      
Preferred stock - no par value (shares authorized - 5,000,000; no shares issued on June 30, 2011 or December 31, 2010; shares issued - series CPP 866,540 on June 30, 2010) (Note 12)     806,856
Common stock - $.625 par value (shares authorized - 400,000,000; shares issued - 263,698,516 on June 30, 2011; 236,839,568 on June 30, 2010; and 263,366,429 on December 31, 2010) 164,812 [5] 164,604 [5] 143,021 [5]
Capital surplus 1,638,423 1,630,210 1,296,484
Capital surplus common stock warrant - CPP (Note 12)   83,860 83,860
Undivided profits 691,490 631,712 767,769
Accumulated other comprehensive loss, net (108,508) (127,546) (105,922)
Total First Horizon National Corporation Shareholders' Equity 2,386,217 2,382,840 2,992,068
Noncontrolling interest (Note 12) 295,165 295,165 295,165
Total equity 2,681,382 2,678,005 3,287,233
Total liabilities and equity $ 25,054,066 $ 24,698,952 $ 26,254,226
[1] Includes $2.9 billion of securities pledged to secure public deposits, securities sold under agreements to repurchase, and for other purposes. As of June 30, 2011, FHN had pledged $1.1 billion of the $2.9 billion pledged available for sale securities as collateral for securities sold under repurchase agreements.
[2] Includes $2.1 billion of securities pledged to secure public deposits, securities sold under agreements to repurchase, and for other purposes. As of June 30, 2010, FHN had pledged $1.3 billion of the $2.1 billion pledged available for sale securities as collateral for securities sold under repurchase agreements.
[3] Q2 2011 and Q2 2010 include $29.9 million and $43.0 million of reserves, respectively, and $649.2 million and $770.3 million of balances in restricted consumer real estate loans, respectively.
[4] Q2 2011 and Q2 2010 include $3.1 million and $7.1 million of reserves, respectively, and $44.9 million and $63.5 million of balances in restricted permanent mortgage loans, respectively.
[5] Outstanding shares have been restated to reflect stock dividends distributed through January 1, 2011.