Restructuring, Repositioning, And Efficiency (Tables)

9 Months Ended

Sep. 30, 2012

Restructuring, Repositioning, And Efficiency [Abstract]

Schedule Of Restructuring And Repositioning Liability

Activity in the restructuring and repositioning liability for the three and nine months ended September 30, 2012 and 2011 is presented in the following table, along with other restructuring and repositioning expenses recognized.
		Three Months Ended								Nine Months Ended
		September 30								September 30
		2012				2011				2012				2011
(Dollars in thousands)		Expense		Liability		Expense		Liability		Expense		Liability		Expense		Liability
Beginning balance		$	-	$	8,947	$	-	$	15,362	$	-	$	12,026	$	-	$	9,108
Severance and other employee related costs			2,730		2,730		2,619		2,619		4,769		4,769		12,855		12,855
Facility consolidation costs			41		41		1,031		1,031		(134)		(134)		1,870		1,870
Other exit costs, professional fees, and other			-		-		-		-		111		111		84		84
Total accrued			2,771		11,718		3,650		19,012		4,746		16,772		14,809		23,917
Payments related to:
	Severance and other employee related costs				5,718				5,515				8,680				8,945
	Facility consolidation costs				529				620				1,406				1,896
	Other exit costs, professional fees, and other				-				-				15				87
Accrual reversals					17				1,485				1,217				1,597
	Restructuring and repositioning reserve balance			$	5,454			$	11,392			$	5,454			$	11,392
Other restructuring and repositioning expense:
	Mortgage banking expense on servicing sales		-				-				2,287				-
	(Gains)/losses on divestitures		(180)				(10,642)				(865)				(11,395)
	Impairment of premises and equipment		-				74				5				258
	Impairment of intangible assets		-				-				-				10,100
	Impairment of other assets		-				-				12				-
	Other		-				-				-				9,040
	Total other restructuring and repositioning expense		(180)				(10,568)				1,439				8,003
Total restructuring and repositioning charges		$	2,591			$	(6,918)			$	6,185			$	22,812

Schedule Of Cumulative Costs Associated With Restructuring, Repositioning, And Efficiency Initiatives

FHN began initiatives related to restructuring in second quarter 2007. Consequently, the following table presents cumulative amounts incurred to date through September 30, 2012 for costs associated with FHN’s restructuring, repositioning, and efficiency initiatives:
(Dollars in thousands)		Total Expense
Severance and other employee related costs			$	82,565
Facility consolidation costs				40,516
Other exit costs, professional fees, and other				19,165
Other restructuring and repositioning expense:
	Loan portfolio divestiture			7,672
	Mortgage banking expense on servicing sales			23,462
	Net loss on divestitures			282
	Impairment of premises and equipment			22,380
	Impairment of intangible assets			48,231
	Impairment of other assets			40,504
	Other			7,574
Total restructuring and repositioning charges incurred to date as of September 30, 2012			$	292,351