XML 113 R42.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Premises, Equipment, and Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Property, Plant and Equipment [Abstract] |
Summary of Premises and Equipment | Premises and equipment on December 31 are summarized below:
(Dollars in thousands) |  | 2019 |  | 2018
Land |  | $ | 98,804 |  |  | $ | 107,864 |
Buildings |  | 428,695 |  |  | 461,665 |
Leasehold improvements |  | 50,032 |  |  | 30,230 |
Furniture, fixtures, and equipment |  | 205,493 |  |  | 196,469 |
Fixed assets held-for-sale (a) |  | 9,719 |  |  | 19,617 |
Premises and equipment, at cost |  | 792,743 |  |  | 815,845 |
Less accumulated depreciation and amortization |  | 337,737 |  |  | 321,804 |
Premises and equipment, net |  | $ | 455,006 |  |  | $ | 494,041 |
(a) Primarily comprised of land and buildings
Assets and Liabilities, Lessee | The following table provides a detail of the classification of FHN's right-of-use ("ROU") assets and lease liabilities included in the Consolidated Statement of Conditions.
(Dollars in thousands) |  | December 31, 2019
Lease Right-of-Use Assets: | Classification |
Operating lease right-of use assets | Other assets | $ | 201,873 |
Finance lease right-of use assets | Other assets | 2,037 |
Total Lease Right-of Use Assets |  | $ | 203,910 |
Lease Liabilities: |  |
Operating lease liabilities | Other liabilities | $ | 223,128 |
Finance lease liabilities | Other liabilities | 2,708 |
Total Lease Liabilities |  | $ | 225,836 |
Components of Lease Expense, Other Information, and Supplemental Cash Flow | The following table details the weighted average remaining lease term and discount rate for FHN's operating and finance leases as of December 31, 2019.
Weighted Average Remaining Lease Terms |
Operating leases | 12.36 years |
Finance leases | 9.61 years |
Weighted Average Discount Rate |
Operating leases | 3.24 | %
Finance leases | 4.77 | %
The following table provides a detail of the components of lease expense and other lease information for the year ended December 31, 2019:
(Dollars in thousands) | 2019
Lease cost |
Operating lease cost | $ | 24,797 |
Finance lease cost: |
Amortization of right-of-use assets | 114 |
Interest on lease liabilities | 135 |
Short-term lease cost | 98 |
Sublease income | (366 | )
Total lease cost | $ | 24,778 |
Other information |
(Gain)/loss on right-of-use asset impairment-Operating leases | $ | 2,551 |
Cash paid for amounts included in the measurement of lease liabilities: |
Operating cash flows from operating leases | 23,053 |
Operating cash flows from finance leases | 135 |
Financing cash flows from finance leases | 142 |
Right-of-use assets obtained in exchange for new lease obligations: |
Operating leases | 47,735 |
Finance leases | 1,475 |
Maturities of Lease Liabilities, Operating | The following table provides a detail of the maturities of FHN's operating and finance lease liabilities as of December 31, 2019:
(Dollars in thousands) |  |  | December 31, 2019
2020 |  | $ | 26,594 |
2021 |  | 24,627 |
2022 |  | 23,553 |
2023 |  | 22,687 |
2024 |  | 22,224 |
2025 and after |  | 156,524 |
Total lease payments |  | 276,209 |
Less lease liability interest |  | (50,373 | )
Total |  | $ | 225,836 |
Maturity of Lease Liabilities, Finance | The following table provides a detail of the maturities of FHN's operating and finance lease liabilities as of December 31, 2019:
(Dollars in thousands) |  |  | December 31, 2019
2020 |  | $ | 26,594 |
2021 |  | 24,627 |
2022 |  | 23,553 |
2023 |  | 22,687 |
2024 |  | 22,224 |
2025 and after |  | 156,524 |
Total lease payments |  | 276,209 |
Less lease liability interest |  | (50,373 | )
Total |  | $ | 225,836 |
Minimum Future Lease Payments for Noncancelable Operating Leases on Premises and Equipment | Minimum future lease payments for noncancelable operating leases, primarily on premises, on December 31, 2018 are shown below.
(Dollars in thousands) | December 31, 2018
2019 | $ | 27,524 |
2020 | 24,722 |
2021 | 20,954 |
2022 | 16,518 |
2023 | 13,174 |
2024 and after | 42,370 |
Total minimum lease payments | $ | 145,262 |

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | fhn_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | fhn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration