Acquisition and Divestitures (Tables)

6 Months Ended

Jun. 30, 2013

Acquisitions and Divestitures [Abstract]

Schedule of significant assets acquired and liabilities assumed and provisional estimated purchase accounting/fair value adjustments

The following schedule details significant assets acquired and liabilities assumed from the FDIC for MNB and provisional estimated purchase accounting/fair value adjustments at June 7:
		Mountain National Bank
				Purchase Accounting/
		Acquired from			Fair Value		As recorded
(Dollars in thousands)		FDIC			Adjustments		by FHN
Assets:
Cash and cash equivalents		$	54,872		$	-	$	54,872
Interest-bearing cash			26,984			-		26,984
Securities available-for-sale			74,640			(240)		74,400
Loans, net of unearned income			249,001			(34,000)		215,001
Core deposit intangible			-			2,300		2,300
Premises and equipment			9,366			-		9,366
Real estate acquired by foreclosure			33,294			(10,463)		22,831
Deferred tax asset			(286)			2,915		2,629
Other assets			2,712			-		2,712
	Total assets acquired	$	450,583		$	(39,488)	$	411,095
Liabilities:
Deposits		$	362,098		$	-	$	362,098
Securities sold under agreements to repurchase			1,930			-		1,930
Federal Home Loan Bank advances			50,040			5,586		55,626
Other liabilities			4,844			-		4,844
	Total liabilities assumed		418,912			5,586		424,498
Acquired noncontrolling interest			117			-		117
	Total liabilities assumed and acquired noncontrolling interest	$	419,029		$	5,586	$	424,615
Excess of assets acquired over liabilities assumed		$	31,554
Aggregate purchase accounting/fair value adjustments					$	(45,074)
Goodwill							$	13,520