XML 61 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Condition (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Assets:      
Cash and due from banks (Restricted - $ - on June 30, 2014; and $1.2 million on June 30, 2013 and December 31, 2013) $ 417,108 $ 349,216 $ 382,601
Federal funds sold 51,537 66,079 52,169
Securities purchased under agreements to resell (Note 16) 624,477 412,614 602,126
Total cash and cash equivalents (Restricted - $ - on June 30, 2014; and $1.2 million on June 30, 2013 and December 31, 2013) 1,093,122 827,909 1,036,896
Interest-bearing cash 255,920 730,297 344,150
Trading securities 1,150,280 801,718 1,267,348
Loans held-for-sale 358,945 370,152 385,105
Securities available-for-sale (Note 3) 3,576,542 [1] 3,398,457 3,228,379 [2],[3]
Securities held-to-maturity (Note 3) 4,279 0 0
Loans, net of unearned income (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) (Note 4) 15,795,709 15,389,074 16,197,952 [3]
Less: Allowance for loan losses (Restricted - $.7 million on June 30, 2014; $3.8 million on June 30, 2013; and $4.4 million on December 31, 2013) (Note 5) 243,628 253,809 261,934
Total net loans (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) 15,552,081 15,135,265 15,936,018 [3]
Mortgage servicing rights (Note 6) 3,197 72,793 113,853
Goodwill (Note 7) 141,943 141,943 140,479 [3]
Other intangible assets, net (Note 7) 20,025 [4] 21,988 [4] 23,144 [4]
Capital markets receivables 174,224 45,255 151,660
Premises and equipment, net 300,533 305,244 314,764 [3]
Real estate acquired by foreclosure 57,552 71,562 69,901 [3]
Derivative assets (Note 15) 162,067 181,866 235,759
Other assets (Restricted - $.4 million on June 30, 2014; $1.7 million on June 30, 2013; and $1.9 million on December 31, 2013) 1,372,040 1,685,384 1,605,344 [3]
Total assets (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) 24,222,750 23,789,833 24,852,800 [3]
Deposits:      
Savings 6,317,197 6,732,326 6,928,447
Time deposits 808,822 951,755 1,051,327
Other interest-bearing deposits 4,014,071 3,859,079 3,825,235
Certificates of deposit $100,000 and more 503,597 553,957 602,921
Interest-bearing 11,643,687 12,097,117 12,407,930
Noninterest-bearing 4,513,800 4,637,839 4,603,954
Total deposits 16,157,487 16,734,956 17,011,884
Federal funds purchased 947,946 1,042,633 1,142,749
Securities sold under agreements to repurchase (Note 16) 475,530 442,789 433,761
Trading liabilities 706,119 368,348 596,869
Other short-term borrowings 1,073,250 181,146 446,909
Term borrowings (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) 1,501,209 1,739,859 1,800,255
Capital markets payables 95,299 21,173 90,231
Derivative liabilities (Note 15) 138,336 154,280 198,489
Other liabilities 501,423 603,898 585,245 [3]
Total liabilities (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) 21,596,599 21,289,082 22,306,392 [3]
First Horizon National Corporation Shareholders' Equity:      
Preferred stock - Series A, non-cumulative perpetual, no par value, liquidation preference of $100,000 per share - (shares authorized - 1,000; shares issued - 1,000 on June 30, 2014, June 30, 2013, and December 31, 2013) 95,624 95,624 95,624
Common stock - $.625 par value (shares authorized - 400,000,000; shares issued - 237,146,617 on June 30, 2014; 240,554,552 on June 30, 2013; and 236,369,554 on December 31, 2013) 148,217 147,731 150,347
Capital surplus 1,416,012 1,416,767 1,416,563
Undivided profits 792,978 695,207 777,108
Accumulated other comprehensive loss, net (Note 9) (122,111) (150,009) (188,665)
Total First Horizon National Corporation Shareholders' Equity 2,330,720 2,205,320 2,250,977
Noncontrolling interest 295,431 295,431 295,431 [3]
Total equity 2,626,151 2,500,751 2,546,408 [3],[5]
Total liabilities and equity (Restricted - $.1 billion on June 30, 2014; June 30, 2013; and December 31, 2013) $ 24,222,750 $ 23,789,833 $ 24,852,800 [3]
[1] Includes $3.4 billion of securities pledged to secure public deposits, securities sold under agreements to repurchase, and for other purposes.
[2] Includes $3.0 billion of securities pledged to secure public deposits, securities sold under agreements to repurchase, and for other purposes.
[3] June 30, 2013 balance has been re-presented due to purchase accounting adjustments made in third quarter 2013.
[4] Represents customer lists, acquired contracts, core deposit intangibles, and covenants not to compete.
[5] Second quarter 2013 balance has been re-presented due to purchase accounting adjustments made in third quarter 2013.