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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule Of Components Of Consolidated Statements Of Income And Equity | The aggregate amount of income taxes included in the Consolidated Statements of Income and the Consolidated Statements of Equity for the years ended December 31, were as follows:
(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
Consolidated Statements of Income: |  |  |  |  |  |
Income tax expense/(benefit) |  | $ | 157,602 |  |  | $ | 131,892 |  |  | $ | 106,810 |
Consolidated Statements of Equity: |  |  |  |  |  |  |  |  |
Income tax expense/(benefit) related to: |  |  |  |  |  |  |  |  |
Net unrealized gains/(losses) on pension and other postretirement plans |  | (177 | ) |  | (832 | ) |  | (7,172 | )
Net unrealized gains/(losses) on securities available-for-sale |  | (16,054 | ) |  | (2,955 | ) |  | (12,810 | )
Net unrealized gains/(losses) on cash flow hedges |  | (1,360 | ) |  | (3,163 | ) |  | (780 | )
Share based compensation |  | — |  |  | — |  |  | (1,613 | )
Total |  | $ | 140,011 |  |  | $ | 124,942 |  |  | $ | 84,435 |
Schedule Of Components Of Income Tax Expense/(Benefit) | The components of income tax expense/(benefit) for the years ended December 31, were as follows:
(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
Current: |  |  |  |  |  |
Federal |  | $ | 44,088 |  |  | $ | 10,012 |  |  | $ | 25,234 |
State |  | 9,957 |  |  | 879 |  |  | 1,803 |
Foreign |  | — |  |  | — |  |  | 169 |
Deferred: |  |  |  |  |  |  |  |
Federal |  | 81,852 |  |  | 114,059 |  |  | 67,109 |
State |  | 21,705 |  |  | 6,942 |  |  | 12,495 |
Total |  | $ | 157,602 |  |  | $ | 131,892 |  |  | $ | 106,810 |
Schedule Of Computation Of Income Tax Expense Differed From The Amounts Computed By Applying Statutory Federal Income Tax Rate To Income/(Loss) From Continuing Operations Before Income Taxes | A reconciliation of expected income tax expense/(benefit) at the federal statutory rate of 21 percent for 2018 and 35 percent for 2017 and 2016, respectively, to the total income tax expense follows:
(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016
Federal income tax rate |  | 21% |  | 35% |  | 35%
Tax computed at statutory rate |  | $ | 149,963 |  |  | $ | 108,105 |  |  | $ | 120,862 |
Increase/(decrease) resulting from: |  |  |  |  |  |  |  |  |
State income taxes, net of federal income tax benefit |  | 24,553 |  |  | 4,753 |  |  | 9,918 |
Bank-owned life insurance (“BOLI”) |  | (3,626 | ) |  | (8,401 | ) |  | (5,661 | )
401(k) – employee stock ownership plan (“ESOP”) |  | (653 | ) |  | (904 | ) |  | (824 | )
Tax-exempt interest |  | (6,538 | ) |  | (7,890 | ) |  | (7,098 | )
Non-deductible expenses |  | 8,301 |  |  | 7,558 |  |  | 1,079 |
LIHTC credits and benefits, net of amortization |  | (7,178 | ) |  | (5,327 | ) |  | (6,165 | )
Other tax credits |  | (2,825 | ) |  | (2,480 | ) |  | (3,886 | )
Change in valuation allowance – DTA |  | (73 | ) |  | (40,473 | ) |  | (116 | )
Other changes in unrecognized tax benefits |  | 6,143 |  |  | 46 |  |  | 616 |
Effect of Tax Act |  | (6,746 | ) |  | 82,027 |  |  | — |
Other |  | (3,719 | ) |  | (5,122 | ) |  | (1,915 | )
Total |  | $ | 157,602 |  |  | $ | 131,892 |  |  | $ | 106,810 |
Net DTA Balances Related To Income Tax Carryforwards | As of December 31, 2018, FHN had net deferred tax asset balances related to federal and state income tax carryforwards of $49.8 million and $7.2 million, respectively, which will expire at various dates as follows:
(Dollars in thousands) |  | Expiration Dates |  | Net Deferred Tax Asset Balance
Losses-federal |  | 2028-2033 |  | $ | 49,821 |
Net operating losses-states |  | 2019-2023 |  | 166 |
Net operating losses-states |  | 2024-2035 |  | 7,059 |
Schedule Of Deferred Tax Assets And Liabilities | Temporary differences which gave rise to deferred tax assets and deferred tax liabilities on December 31, 2018 and 2017 were as follows:
(Dollars in thousands) |  | 2018 |  | 2017
Deferred tax assets: |  |  |  |  |  |
Loss reserves |  | $ | 65,015 |  |  | $ | 91,390 |
Employee benefits |  | 64,843 |  |  | 50,404 |
Equity investments |  | — |  |  | 28,547 |
Accrued expenses |  | 15,763 |  |  | 16,052 |
Credit carryforwards |  | — |  |  | 64,835 |
Federal loss carryforwards |  | 49,821 |  |  | 62,010 |
State loss carryforwards |  | 7,225 |  |  | 19,801 |
Investment in debt securities (ASC 320) (a) |  | 24,863 |  |  | 8,811 |
Other |  | 27,168 |  |  | 11,512 |
Gross deferred tax assets |  | 254,698 |  |  | 353,362 |
Valuation allowance |  | (74 | ) |  | (147 | )
Deferred tax assets after valuation allowance |  | $ | 254,624 |  |  | $ | 353,215 |
Deferred tax liabilities: |  |  |  |  |  |
Depreciation and amortization |  | 51,519 |  |  | $ | 43,040 |
Equity investments |  | 7,705 |  |  | — |
Other intangible assets |  | 57,632 |  |  | 55,923 |
Prepaid expenses |  | 9,218 |  |  | 9,255 |
Real estate investment trust income |  | — |  |  | 22,576 |
Other |  | 683 |  |  | 602 |
Gross deferred tax liabilities |  | 126,757 |  |  | 131,396 |
Net deferred tax assets |  | $ | 127,867 |  |  | $ | 221,819 |
(a) Tax effects of unrealized gains and losses are tracked on a security-by-security basis.
Schedule Of Rollforward Of Unrecognized Tax Benefits | The rollforward of unrecognized tax benefits is shown below:
(Dollars in thousands) |  |
Balance at December 31, 2016 |  | $ | 4,244 |
Increases related to prior year tax positions |  | 33 |
Increases related to current year tax positions |  | 174 |
Lapse of statutes |  | (180 | )
Balance at December 31, 2017 |  | $ | 4,271 |
Increases related to prior year tax positions |  | 16,695 |
Increases related to current year tax positions |  | 1,576 |
Settlements |  | (2,080 | )
Lapse of statutes |  | (278 | )
Balance at December 31, 2018 |  | $ | 20,184 |

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