7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-06-30 2009-03-31 2008-06-30 
      
    		                         
      assets
    		                         
      cash and due from banks
    		912,000,000 988,000,000 915,000,000 906,000,000 1,028,000,000 969,000,000 749,000,000 1,012,000,000 1,022,000,000 1,137,000,000 1,225,000,000 1,197,000,000 1,074,646,000 570,589,000 602,952,000 347,802,000 339,895,000 313,416,000    279,730,000    
      interest-bearing deposits with banks
    		1,228,000,000 911,000,000 1,164,000,000 1,538,000,000 1,286,000,000 1,452,000,000 1,885,000,000 1,328,000,000 1,917,000,000 4,523,000,000 13,548,000,000 14,829,000,000 5,443,292,000             
      federal funds sold and securities purchased under agreements to resell
    		774,000,000 527,000,000 728,000,000 631,000,000 1,008,000,000 487,000,000 817,000,000 719,000,000 416,000,000 282,000,000 640,000,000 361,000,000 593,467,000    719,400,000 598,000,000    523,237,000    
      trading securities
    		2,070,000,000 1,430,000,000 1,376,000,000 1,387,000,000 1,549,000,000 1,249,000,000 1,161,000,000 1,412,000,000 1,231,000,000 1,059,000,000 1,823,000,000 1,319,000,000 1,386,069,000 1,681,727,000 1,649,470,000 1,469,402,000 1,227,197,000 1,196,380,000    964,800,000    
      securities available for sale at fair value
    		8,102,000,000 8,117,000,000 8,075,000,000 7,896,000,000 8,248,000,000 7,924,000,000 8,148,000,000 8,391,000,000 8,100,000,000 8,600,000,000 9,242,000,000 8,494,000,000 7,995,872,000             
      securities held to maturity
    		1,229,000,000 1,245,000,000 1,258,000,000 1,270,000,000 1,282,000,000 1,297,000,000 1,311,000,000 1,323,000,000 1,335,000,000 1,349,000,000 701,000,000 304,000,000              
      loans held for sale
    		501,000,000 402,000,000 510,000,000 551,000,000 494,000,000 471,000,000 395,000,000 502,000,000 613,000,000 789,000,000 1,014,000,000 1,052,000,000 1,050,504,000    386,147,000 397,931,000    505,794,000    
      loans and leases
    		63,058,000,000 63,260,000,000 62,215,000,000 62,565,000,000 62,445,000,000 62,781,000,000 61,753,000,000 61,292,000,000 61,778,000,000 61,295,000,000 55,012,000,000 55,435,000,000 59,706,531,000             
      allowance for loan and lease losses
    		-777,000,000 -814,000,000 -822,000,000 -815,000,000 -823,000,000 -821,000,000 -787,000,000 -773,000,000 -760,000,000 -737,000,000 -622,000,000 -734,000,000 -988,102,000             
      net loans and leases
    		62,281,000,000 62,446,000,000 61,393,000,000 61,750,000,000 61,622,000,000 61,960,000,000 60,966,000,000 60,519,000,000 61,018,000,000 60,558,000,000 54,390,000,000 54,701,000,000 58,718,429,000             
      premises and equipment
    		553,000,000 561,000,000 569,000,000 574,000,000 572,000,000 584,000,000 586,000,000 590,000,000 590,000,000 595,000,000 669,000,000 692,000,000 756,113,000 484,494,000 525,175,000 293,393,000 326,667,000 330,392,000    308,714,000    
      goodwill
    		1,510,000,000 1,510,000,000 1,510,000,000 1,510,000,000 1,510,000,000 1,510,000,000 1,510,000,000 1,510,000,000 1,511,000,000 1,511,000,000 1,511,000,000 1,511,000,000 1,510,431,000 1,432,787,000 1,409,276,000 236,335,000 133,659,000 135,683,000    162,180,000    
      other intangible assets
    		114,000,000 123,000,000 133,000,000 143,000,000 154,000,000 165,000,000 175,000,000 186,000,000 198,000,000 210,000,000 285,000,000 311,000,000 365,700,000 148,818,000 167,955,000 43,157,000 27,243,000 28,384,000    37,027,000    
      other assets
    		3,918,000,000 3,824,000,000 3,860,000,000 3,996,000,000 3,882,000,000 4,162,000,000 4,096,000,000 4,169,000,000 4,582,000,000 4,458,000,000 3,612,000,000 3,766,000,000 4,135,056,000 1,910,626,000 1,934,001,000 1,441,878,000 2,169,628,000 2,117,544,000    2,290,107,000    
      total assets
    		83,192,000,000 82,084,000,000 81,491,000,000 82,152,000,000 82,635,000,000 82,230,000,000 81,799,000,000 81,661,000,000 82,533,000,000 85,071,000,000 88,660,000,000 88,537,000,000 83,029,579,000 41,099,003,000 41,076,795,000 29,622,636,000 25,571,469,000 25,054,066,000    25,923,576,000    
      liabilities
    		                         
      noninterest-bearing deposits
    		16,023,000,000 15,892,000,000 15,835,000,000 16,021,000,000 16,212,000,000 16,348,000,000 16,410,000,000 17,204,000,000 17,825,000,000 18,801,000,000 28,051,000,000 27,348,000,000 21,384,379,000             
      interest-bearing deposits
    		49,502,000,000 49,685,000,000 48,373,000,000 49,560,000,000 50,363,000,000 48,446,000,000 49,331,000,000 48,576,000,000 49,190,000,000 46,632,000,000 46,063,000,000 46,916,000,000 47,024,528,000             
      total deposits
    		65,525,000,000 65,577,000,000 64,208,000,000 65,581,000,000 66,575,000,000 64,794,000,000 65,741,000,000 65,780,000,000 67,015,000,000 65,433,000,000 74,114,000,000 74,264,000,000 68,408,907,000 32,462,888,000 30,977,867,000 22,099,254,000 15,698,255,000 15,896,027,000    15,069,700,000    
      trading liabilities
    		662,000,000 469,000,000 670,000,000 550,000,000 767,000,000 423,000,000 467,000,000 509,000,000 366,000,000 174,000,000 513,000,000 315,000,000 477,073,000 429,669,000 743,721,000 579,028,000 471,120,000 498,915,000    357,919,000    
      short-term borrowings
    		4,271,000,000 3,461,000,000 3,795,000,000 3,400,000,000 2,585,000,000 4,515,000,000 2,703,000,000 2,549,000,000 2,507,000,000 6,946,000,000 1,719,000,000 2,225,000,000 2,141,719,000             
      term borrowings
    		1,328,000,000 1,342,000,000 1,691,000,000 1,195,000,000 1,202,000,000 1,175,000,000 1,165,000,000 1,150,000,000 1,157,000,000 1,156,000,000 1,591,000,000 1,584,000,000 2,161,870,000 1,177,926,000 1,227,281,000 1,059,507,000 2,509,804,000 2,502,517,000    2,932,524,000    
      other liabilities
    		2,162,000,000 1,978,000,000 2,083,000,000 2,315,000,000 2,190,000,000 2,368,000,000 2,550,000,000 2,382,000,000 2,695,000,000 2,402,000,000 2,027,000,000 1,617,000,000 1,695,868,000 748,606,000 526,430,000 426,910,000 915,945,000 816,331,000    748,708,000    
      total liabilities
    		73,948,000,000 72,827,000,000 72,447,000,000 73,041,000,000 73,319,000,000 73,275,000,000 72,626,000,000 72,370,000,000 73,740,000,000 76,111,000,000 79,964,000,000 80,005,000,000 74,885,437,000 36,252,482,000 36,527,046,000 26,739,085,000 22,828,239,000 22,372,684,000    22,652,634,000    
      equity
    		                         
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 8,750 and 16,750 shares, respectively
    		349,000,000                         
      common stock
    		313,000,000 318,000,000 317,000,000 328,000,000 333,000,000 336,000,000 343,000,000 349,000,000 349,000,000 349,000,000 334,000,000 339,000,000 346,742,000             
      capital surplus
    		4,288,000,000 4,459,000,000 4,472,000,000 4,808,000,000 4,947,000,000 5,007,000,000 5,214,000,000 5,351,000,000 5,337,000,000 5,325,000,000 4,769,000,000 4,866,000,000 5,061,079,000 2,983,948,000 3,113,612,000 1,401,359,000 1,641,878,000 1,638,423,000    1,251,776,000    
      retained earnings
    		4,848,000,000 4,671,000,000 4,517,000,000 4,382,000,000 4,304,000,000 4,172,000,000 4,072,000,000 3,964,000,000 3,874,000,000 3,830,000,000 2,996,000,000 2,753,000,000 2,110,990,000             
      accumulated other comprehensive loss
    		-849,000,000 -912,000,000 -983,000,000 -1,128,000,000 -989,000,000 -1,281,000,000 -1,271,000,000 -1,188,000,000 -1,582,000,000 -1,359,000,000 -712,000,000 -241,000,000 -140,470,000 -321,151,000 -412,114,000 -232,384,000 -83,552,000 -108,508,000    -113,291,000    
      fhn shareholders' equity
    		8,949,000,000 8,962,000,000 8,749,000,000 8,816,000,000 9,021,000,000 8,660,000,000 8,878,000,000 8,996,000,000 8,498,000,000 8,665,000,000 8,401,000,000 8,237,000,000 7,848,711,000             
      noncontrolling interest
    		295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,000,000 295,431,000 295,431,000 295,431,000 295,431,000 295,165,000 295,165,000    295,165,000    
      total equity
    		9,244,000,000 9,257,000,000 9,044,000,000 9,111,000,000 9,316,000,000 8,955,000,000 9,173,000,000 9,291,000,000 8,793,000,000 8,960,000,000 8,696,000,000 8,532,000,000 8,144,142,000 4,846,521,000 4,549,749,000 2,883,551,000 2,743,230,000 2,681,382,000    3,270,942,000    
      total liabilities and equity
    		83,192,000,000 82,084,000,000 81,491,000,000 82,152,000,000 82,635,000,000 82,230,000,000 81,799,000,000 81,661,000,000 82,533,000,000 85,071,000,000 88,660,000,000 88,537,000,000 83,029,579,000 41,099,003,000 41,076,795,000 29,622,636,000 25,571,469,000 25,054,066,000    25,923,576,000    
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 16,750 shares
    		 426,000,000 426,000,000                       
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 16,750 and 26,750 shares, respectively
    		   426,000,000 426,000,000 426,000,000                    
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 shares
    		      520,000,000                   
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 and 31,686 shares, respectively
    		       520,000,000 520,000,000 520,000,000                
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 31,686 and 26,750 shares, respectively
    		          1,014,000,000               
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,750 and 26,250 shares, respectively
    		           520,000,000              
      preferred stock, non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 26,250 and 1,000 shares, respectively
    		            470,370,000             
      assets:
    		                         
      federal funds sold
    		             167,602,000 91,303,000 76,316,000          
      securities purchased under agreements to resell
    		             474,679,000 782,765,000 663,637,000          
      total cash and cash equivalents
    		             1,212,870,000 1,477,020,000 1,087,755,000 1,059,295,000 911,416,000    802,967,000    
      interest-bearing cash
    		             1,013,254,000 750,634,000 604,326,000 358,537,000 263,441,000    383,571,000    
      loans held-for-sale
    		             594,662,000 692,659,000 339,780,000          
      securities available-for-sale
    		             4,616,322,000 4,724,411,000 3,963,138,000          
      securities held-to-maturity
    		             10,000,000 10,000,000 10,000,000          
      loans, net of unearned income
    		             27,990,048,000 27,701,740,000 20,166,091,000 16,241,402,000 16,061,646,000    17,484,224,000    
      less: allowance for loan losses
    		             184,911,000 185,462,000 194,867,000 449,645,000 524,091,000    844,060,000    
      total net loans
    		             27,805,137,000 27,516,278,000 19,971,224,000 15,791,757,000 15,537,555,000    16,640,164,000    
      fixed income receivables
    		             46,782,000 68,148,000 68,750,000          
      other real estate owned
    		             23,396,000 29,712,000 12,522,000          
      derivative assets
    		             118,128,000 122,056,000 80,976,000          
      liabilities and equity:
    		                         
      deposits:
    		                         
      savings
    		             11,651,750,000 11,284,013,000 8,592,315,000 6,467,377,000 6,382,963,000    5,174,901,000   18,362,000 
      time deposits
    		             4,454,622,000 3,543,987,000 1,112,098,000 1,210,661,000 1,277,905,000    1,642,820,000   25,540,000 
      other interest-bearing deposits
    		             8,393,468,000 7,911,977,000 5,909,596,000 3,096,621,000 2,784,787,000    3,256,040,000   3,556,000 
      interest-bearing
    		             24,499,840,000 22,739,977,000 15,614,009,000 11,285,880,000 10,958,924,000    10,608,650,000    
      noninterest-bearing
    		             7,963,048,000 8,237,890,000 6,485,245,000 4,412,375,000 4,937,103,000    4,461,050,000    
      federal funds purchased
    		             339,360,000 351,655,000 292,650,000          
      securities sold under agreements to repurchase
    		             745,788,000 713,152,000 516,867,000          
      other short-term borrowings
    		             140,832,000 1,836,852,000 1,637,419,000          
      fixed income payables
    		             100,290,000 14,739,000 44,304,000          
      derivative liabilities
    		             107,123,000 135,349,000 83,146,000          
      equity:
    		                         
      first horizon national corporation shareholders’ equity:
    		                         
      preferred stock - series a, non-cumulative perpetual, no par value, liquidation preference of 100,000 per share -
    		             95,624,000 95,624,000 95,624,000          
      common stock - .625 par value
    		             197,101,000 203,127,000 146,395,000 164,762,000     141,048,000    
      undivided profits
    		             1,595,568,000 1,254,069,000 1,177,126,000 724,977,000 691,490,000    809,624,000    
      total first horizon national corporation shareholders’ equity
    		             4,551,090,000 4,254,318,000 2,588,120,000 2,448,065,000 2,386,217,000    2,975,777,000    
      securities available for sale
    		                3,327,846,000 3,230,477,000    2,697,719,000   -4,999,000 
      mortgage servicing rights
    		                150,803,000 186,958,000    264,959,000    
      capital markets receivables
    		                521,198,000 625,243,000    743,514,000    
      real estate acquired by foreclosure
    		                91,492,000 92,662,000    122,060,000    
      certificates of deposit 100,000 and more
    		                511,221,000 513,269,000    534,889,000   17,361,000 
      federal funds purchased and securities sold under agreements to repurchase
    		                2,101,953,000 2,005,999,000    2,635,423,000    
      other short-term borrowings and commercial paper
    		                621,998,000 187,902,000    167,508,000    
      capital markets payables
    		                509,164,000 464,993,000    740,852,000    
      preferred stock - no par value
    		                     802,760,000    
      capital surplus common stock warrant - cpp
    		                     83,860,000    
      preferred stock — no par value
    		                         
      common stock — .625 par value
    		                 164,812,000        
      capital surplus common stock warrant — cpp
    		                         
      consolidated
    		                         
      net interest income
    		                  172,755,000 186,143,000 182,064,000  199,086,000 196,587,000 238,895,000 
      benefit from loan losses
    		                  1,000,000 50,000,000   260,000,000 300,000,000 220,000,000 
      noninterest income
    		                  197,542,000 248,212,000 248,043,000  292,278,000 407,869,000  
      noninterest expense
    		                  315,146,000 347,550,000 341,849,000  411,932,000 417,328,000  
      income/(loss) before income taxes
    		                  54,151,000 36,805,000 18,258,000  -44,677,000 -112,872,000  
      provision/(benefit) for income taxes
    		                  12,108,000 3,095,000   -16,835,000   
      income/(loss) from continuing operations
    		                  42,043,000 33,710,000 20,084,000   -65,095,000  
      gain/(loss) from discontinued operations, net of tax
    		                  960,000       
      net income/
    		                  43,003,000 33,710,000 20,478,000  -27,842,000 -65,095,000 -11,161,000 
      average assets
    		                  24,570,170,000 25,757,640,000 25,600,578,000  28,929,543,000 30,467,211,000  
      certain previously reported amounts have been reclassified to agree with current presentation.
    		                         
      regional banking
    		                         
      capital markets
    		                        122,338,000 
      income before income taxes
    		                  22,091,000 43,101,000   -180,568,000 -89,292,000  
      benefit from income taxes
    		                  8,434,000 16,176,000   29,687,000 27,911,000  
      net income
    		                  13,657,000 26,925,000   -105,482,000 -50,362,000  
      corporate
    		                         
      net interest income/
    		                  -297,000 -2,373,000      
      benefit for income taxes
    		                  -10,543,000 -15,331,000 -1,826,000  -74,538,000 -47,777,000  
      non-strategic
    		                         
      income from continuing operations
    		                  -14,770,000 -25,356,000   -106,030,000 -50,362,000  
      income from discontinued operations, net of tax
    		                      548,000   
      benefit from loan loss
    		                    70,000,000     
      income/(loss) from discontinued operations, net of tax
    		                    394,000     
      other collateralized borrowings
    		                         
      total long-term debt
    		                     2,932,524,000    
      national specialty lending
    		                         
      noninterest income/
    		                      -9,050,000 -6,670,000  
      mortgage banking
    		                        172,418,000 
      interest income:
    		                         
      interest and fees on loans
    		                        285,419,000 
      interest on investment securities
    		                        39,212,000 
      interest on loans held for sale
    		                        54,217,000 
      interest on trading securities
    		                        30,182,000 
      interest on other earning assets
    		                        6,455,000 
      total interest income
    		                        415,485,000 
      interest expense:
    		                         
      interest on deposits:
    		                         
      interest on trading liabilities
    		                        9,400,000 
      interest on short-term borrowings
    		                        49,425,000 
      interest on long-term debt
    		                        52,946,000 
      total interest expense
    		                        176,590,000 
      net interest income after benefit from loan losses
    		                        18,895,000 
      noninterest income:
    		                         
      deposit transactions and cash management
    		                        46,797,000 
      trust services and investment management
    		                        8,883,000 
      insurance commissions
    		                        6,822,000 
      gains/(losses) from loan sales and securitizations
    		                        -6,984,000 
      equity securities gains/(losses)
    		                        -972,000 
      debt securities gains/(losses)
    		                         
      losses on divestitures
    		                        -429,000 
      all other income and commissions
    		                        50,173,000 
      total noninterest income
    		                        399,046,000 
      adjusted gross income after benefit from loan losses
    		                        417,941,000 
      noninterest expense:
    		                         
      employee compensation, incentives and benefits
    		                        277,078,000 
      occupancy
    		                        30,018,000 
      equipment rentals, depreciation and maintenance
    		                        18,268,000 
      operations services
    		                        19,124,000 
      communications and courier
    		                        11,477,000 
      amortization of intangible assets
    		                        2,182,000 
      all other income
    		                        107,696,000 
      total noninterest expense
    		                        465,843,000 
      (loss)/income before income taxes
    		                        -47,902,000 
      (benefit)/benefit from income taxes
    		                        -28,821,000 
      (loss)/income from continuing operations
    		                        -19,081,000 
      net (loss)/income
    		                        -19,081,000 
      earnings/
    		                        -110 
      diluted earnings/
    		                        -110 
      weighted-average common shares
    		                        171,680,000 
      diluted average common shares
    		                        171,680,000 
      consolidated condensed statements of shareholders' equity
    		                         
      balance, january 1
    		                        2,135,596,000 
      adjustment to reflect change in accounting for tax benefits
    		                         
      adjustment to reflect adoption of measurement date provisions for sfas no. 158
    		                         
      adjustment to reflect change in accounting for purchases of life insurance
    		                         
      adjustment to reflect adoption of measurement date provisions for sfas no. 157
    		                        -12,502,000 
      adjustment to reflect change in accounting for split dollar life insurance arrangements
    		                         
      other comprehensive income/
    		                         
      unrealized fair value adjustments, net of tax:
    		                         
      cash flow hedges
    		                        -6,000 
      recognized pension and other employee benefit plans net periodic benefit costs
    		                        1,506,000 
      comprehensive (loss)/income
    		                        -14,660,000 
      cash dividends declared
    		                        -64,426,000 
      common stock issuance (69 million shares issued at 10 per share
    		                        659,762,000 
      net of offering costs)
    		                         
      common stock repurchased
    		                        -214,000 
      common stock issued for:
    		                         
      stock options and restricted stock
    		                        572,000 
      excess tax benefit from stock-based compensation arrangements
    		                        -1,531,000 
      stock-based compensation expense
    		                        3,379,000 
      other
    		                         
      balance, june 30
    		                        2,697,446,000 
      see accompanying notes to consolidated condensed financial statements.
    		                         
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.