XML 40 R24.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Master Netting And Similar Agreements | 3 Months Ended
--- | ---
Mar. 31, 2017
Master Netting Agreements And Similar Arrangements [Abstract] |
Master Netting Agreements And Similar Arrangements | Note 15 – Master Netting and Similar Agreements - Repurchase, Reverse Repurchase, and Securities Borrowing Transactions For repurchase, reverse repurchase and securities borrowing transactions, FHN and each counterparty ha ve the ability to offset all open positions and related collateral in the event of default. Due to the nature of these transactions, the value of the collateral for each transaction approximates the value of the corresponding receivable or payable. For repurchase agreements through FHN’s fixed income business (Securities purchased under agreements to resell and S ecurities sold under agreements to repurchas e), transactions are collateralized by securities which are delivered on the settlement date and are maintained throughout the term of the transaction. For FHN’s repurchase agreements through banking activities (Securities sold under agreements to repurchas e), securities are typically pledged at settlement and not released until maturity. For asset positions, the collateral is no t included on FHN’s Consolidated Condensed Statements of Condition. For liability posi tions, securities collateral pledged by FHN is generally represented within FHN’s trading or available-for-sale securities portfolios. For this disclosure, FHN considers the impact of master netting and other similar agreements that allow FHN to settle a ll contracts with a single counterparty on a net basis and to offset the net asset or liability position with the related securities collateral. The application of the collateral cannot reduce the net asset or liability position below zero, and therefore a ny excess collateral is not reflected in the tables below. The following table provides details of Securities purchased under agreements to resell as presented on the Consolidated Condensed Statements of Condition and collateral pledged by counterparties as of March 31, 2017 and December 31, 2016:
|  |  |  |  |  |  |  |  |  |  | Gross amounts not offset in the |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Statements of Condition |  |  |  |
|  |  |  | Gross amounts |  | Net amounts of |  | Offsetting |  | Securities collateral |  |  |  |
| Gross amounts |  | offset in the |  | assets presented |  | securities sold |  | (not recognized on |  |  |  |
| of recognized |  | Statements of |  | in the Statements |  | under agreements |  | FHN's Statements |  |  |  |
(Dollars in thousands) | assets |  | Condition |  | of Condition |  | to repurchase |  | of Condition) |  | Net amount |
Securities purchased under agreements to resell: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
March 31, 2017 | $ | 835,222 |  | $ | - |  | $ | 835,222 |  | $ | (150) |  | $ | (828,596) |  | $ | 6,476 |
December 31, 2016 |  | 613,682 |  |  | - |  |  | 613,682 |  |  | (1,628) |  |  | (603,813) |  |  | 8,241 |
The following table provides details of Securities sold under agreements to repurchase as presented on the Consolidated Condensed Statements of Condition and collateral pledged by FHN as of March 31, 2017 and December 31, 2016:
|  |  |  |  |  |  |  |  |  |  | Gross amounts not offset in the |  |  |  |
|  |  |  |  |  |  |  |  |  |  | Statements of Condition |  |  |  |
|  |  |  | Gross amounts |  | Net amounts of |  | Offsetting |  |  |  |  |  |  |
| Gross amounts |  | offset in the |  | liabilities presented | securities |  |  |  |  |  |  |
| of recognized |  | Statements of |  | in the Statements |  | purchased under |  | Securities |  |  |  |
(Dollars in thousands) | liabilities |  | Condition |  | of Condition |  | agreements to resell | Collateral |  | Net amount |
Securities sold under agreements to repurchase: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
March 31, 2017 | $ | 406,354 |  | $ | - |  | $ | 406,354 |  | $ | (150) |  | $ | (406,185) |  | $ | 19 |
December 31, 2016 |  | 453,053 |  |  | - |  |  | 453,053 |  |  | (1,628) |  |  | (451,414) |  |  | 11 |
Due to the short duration of Securities sold under agreements to repurchase and the nature of collateral involved, the risks associated with these transactions are considered minimal. The following tables provide details, by collateral type, of the remaining contractual maturity of Securities sold under agreements to repurchase as of March 31, 2017 and December 31, 2016:
| March 31, 2017 |
| Overnight and |  |  |  |  |  |  |
(Dollars in thousands) | Continuous |  | Up to 30 Days |  | Total |
Securities sold under agreements to repurchase: |  |  |  |  |  |  |  |  |
U.S. treasuries | $ | 19,344 |  | $ | - |  | $ | 19,344 |
Government agency issued MBS |  | 345,156 |  |  | - |  |  | 345,156 |
Government agency issued CMO |  | 29,383 |  |  | 12,471 |  |  | 41,854 |
Total Securities sold under agreements to repurchase | $ | 393,883 |  | $ | 12,471 |  | $ | 406,354 |
| December 31, 2016 |
| Overnight and |  |  |  |  |  |  |
(Dollars in thousands) | Continuous |  | Up to 30 Days |  | Total |
Securities sold under agreements to repurchase: |  |  |  |  |  |  |  |  |
U.S. treasuries | $ | 14,864 |  | $ | - |  | $ | 14,864 |
Government agency issued MBS |  | 421,771 |  |  | - |  |  | 421,771 |
Government agency issued CMO |  | - |  |  | 16,418 |  |  | 16,418 |
Total Securities sold under agreements to repurchase | $ | 436,635 |  | $ | 16,418 |  | $ | 453,053 |

X
- Definition Master Netting Agreements And Similar Arrangements [Abstract] + References No definition available. + Details
Name: | fhn_MasterNettingAgreementsAndSimilarArrangementsAbstract
Namespace Prefix: | fhn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Master Netting Agreements And Similar Arrangements [Text Block] + References No definition available. + Details
Name: | fhn_MasterNettingAgreementsAndSimilarArrangementsTextBlock
Namespace Prefix: | fhn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration