XML 45 R30.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Loans and Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Receivables [Abstract] |
Schedule Of Loans By Portfolio Segment | The following table provides the amortized cost basis of loans and leases by portfolio segment and class as of March 31, 2024 and December 31, 2023, excluding accrued interest of $283 million and $287 million, respectively, which is included in other assets in the Consolidated Balance Sheets.
LOANS AND LEASES BY PORTFOLIO SEGMENT |  |
(Dollars in millions) |  | March 31, 2024 |  | December 31, 2023 |  |
Commercial: |  |  |  |  |  |
Commercial and industrial (a) (b) |  | $ | 30,545 |  |  | $ | 30,609 |  |  |
Loans to mortgage companies |  | 2,366 |  |  | 2,024 |  |  |
Total commercial, financial, and industrial |  | 32,911 |  |  | 32,633 |  |  |
Commercial real estate |  | 14,426 |  |  | 14,216 |  |  |
Consumer: |  |  |  |  |  |
HELOC |  | 2,145 |  |  | 2,219 |  |  |
Real estate installment loans |  | 11,500 |  |  | 11,431 |  |  |
Total consumer real estate |  | 13,645 |  |  | 13,650 |  |  |
Credit card and other (c) |  | 771 |  |  | 793 |  |  |
Loans and leases |  | $ | 61,753 |  |  | $ | 61,292 |  |  |
Allowance for loan and lease losses |  | (787) |  |  | (773) |  |  |
Net loans and leases |  | $ | 60,966 |  |  | $ | 60,519 |  |  |
(a)Includes equipment financing leases of $1.3 billion and $1.2 billion for March 31, 2024 and December 31, 2023, respectively. (b)Includes PPP loans fully guaranteed by the SBA of $23 million and $29 million as of March 31, 2024 and December 31, 2023, respectively. (c)Includes $181 million and $180 million of commercial credit card balances as of March 31, 2024 and December 31, 2023, respectively.
Schedule of Financing Receivable Credit Quality Indicators | The following tables provide the amortized cost basis of the commercial loan portfolio by year of origination and credit quality indicator as of March 31, 2024 and December 31, 2023:
C&I PORTFOLIO
|  | March 31, 2024
(Dollars in millions) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior to 2020 |  | LMC (a) |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
Credit Quality Indicator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (PD grades 1 through 12) (b) |  | $ | 703 |  |  | $ | 3,885 |  |  | $ | 5,346 |  |  | $ | 3,328 |  |  | $ | 1,537 |  |  | $ | 4,874 |  |  | $ | 2,362 |  |  | $ | 8,999 |  |  | $ | 309 |  |  | $ | 31,343 |
Special Mention (PD grade 13) |  | 1 |  |  | 127 |  |  | 73 |  |  | 87 |  |  | 69 |  |  | 167 |  |  | — |  |  | 332 |  |  | 2 |  |  | 858 |
Substandard, Doubtful, or Loss (PD grades 14,15, and 16) |  | 2 |  |  | 44 |  |  | 136 |  |  | 93 |  |  | 48 |  |  | 183 |  |  | 4 |  |  | 163 |  |  | 37 |  |  | 710 |
Total C&I loans |  | $ | 706 |  |  | $ | 4,056 |  |  | $ | 5,555 |  |  | $ | 3,508 |  |  | $ | 1,654 |  |  | $ | 5,224 |  |  | $ | 2,366 |  |  | $ | 9,494 |  |  | $ | 348 |  |  | $ | 32,911 |
|  | December 31, 2023
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior to 2019 |  | LMC (a) |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
Credit Quality Indicator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (PD grades 1 through 12) (b) |  | $ | 4,008 |  |  | $ | 5,637 |  |  | $ | 3,506 |  |  | $ | 1,636 |  |  | $ | 1,665 |  |  | $ | 3,448 |  |  | $ | 2,019 |  |  | $ | 9,087 |  |  | $ | 327 |  |  | $ | 31,333 |
Special Mention (PD grade 13) |  | 75 |  |  | 60 |  |  | 64 |  |  | 56 |  |  | 101 |  |  | 57 |  |  | — |  |  | 186 |  |  | — |  |  | 599 |
Substandard, Doubtful, or Loss (PD grades 14,15, and 16) |  | 41 |  |  | 135 |  |  | 94 |  |  | 51 |  |  | 39 |  |  | 100 |  |  | 5 |  |  | 187 |  |  | 49 |  |  | 701 |
Total C&I loans |  | $ | 4,124 |  |  | $ | 5,832 |  |  | $ | 3,664 |  |  | $ | 1,743 |  |  | $ | 1,805 |  |  | $ | 3,605 |  |  | $ | 2,024 |  |  | $ | 9,460 |  |  | $ | 376 |  |  | $ | 32,633 |
(a) LMC includes non-revolving commercial lines of credit to qualified mortgage companies primarily for the temporary warehousing of eligible mortgage loans prior to the borrower's sale of those mortgage loans to third-party investors. The loans are of short duration with maturities less than one year. (b) Balances include PPP loans.
CRE PORTFOLIO
|  | March 31, 2024
(Dollars in millions) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior to 2020 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
Credit Quality Indicator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (PD grades 1 through 12) |  | $ | 104 |  |  | $ | 955 |  |  | $ | 3,611 |  |  | $ | 3,513 |  |  | $ | 1,107 |  |  | $ | 3,869 |  |  | $ | 337 |  |  | $ | 15 |  |  | $ | 13,511 |
Special Mention (PD grade 13) |  | — |  |  | 1 |  |  | 76 |  |  | 182 |  |  | 86 |  |  | 239 |  |  | 4 |  |  | — |  |  | 588 |
Substandard, Doubtful, or Loss (PD grades 14,15, and 16) |  | — |  |  | 2 |  |  | 6 |  |  | 10 |  |  | 50 |  |  | 256 |  |  | 3 |  |  | — |  |  | 327 |
Total CRE loans |  | $ | 104 |  |  | $ | 958 |  |  | $ | 3,693 |  |  | $ | 3,705 |  |  | $ | 1,243 |  |  | $ | 4,364 |  |  | $ | 344 |  |  | $ | 15 |  |  | $ | 14,426 |
|  | December 31, 2023
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior to 2019 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
Credit Quality Indicator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (PD grades 1 through 12) |  | $ | 853 |  |  | $ | 3,473 |  |  | $ | 3,518 |  |  | $ | 1,162 |  |  | $ | 1,216 |  |  | $ | 2,853 |  |  | $ | 393 |  |  | $ | 18 |  |  | $ | 13,486 |
Special Mention (PD grade 13) |  | 5 |  |  | 1 |  |  | 129 |  |  | 86 |  |  | 175 |  |  | 82 |  |  | — |  |  | — |  |  | 478 |
Substandard, Doubtful, or Loss (PD grades 14,15, and 16) |  | — |  |  | 2 |  |  | 5 |  |  | 11 |  |  | 175 |  |  | 59 |  |  | — |  |  | — |  |  | 252 |
Total CRE loans |  | $ | 858 |  |  | $ | 3,476 |  |  | $ | 3,652 |  |  | $ | 1,259 |  |  | $ | 1,566 |  |  | $ | 2,994 |  |  | $ | 393 |  |  | $ | 18 |  |  | $ | 14,216 |
The following table reflects the amortized cost basis by year of origination and refreshed FICO scores for consumer real estate loans as of March 31, 2024 and December 31, 2023. Within consumer real estate, classes include HELOC and real estate installment loans. HELOCs are loans which during their draw period are classified as revolving loans. Once the draw period ends and the loan enters its repayment period, the loan converts to a term loan and is classified as a revolving loan converted to a term loan. All loans classified in the following tables as revolving loans or revolving loans converted to term loans are HELOCs. Real estate installment loans are originated as fixed term loans and are classified below in their vintage year. All loans in the following tables classified in a vintage year are real estate installment loans.
CONSUMER REAL ESTATE PORTFOLIO
|  | March 31, 2024
(Dollars in millions) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior to 2020 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
FICO score 740 or greater |  | $ | 204 |  |  | $ | 1,562 |  |  | $ | 2,080 |  |  | $ | 1,695 |  |  | $ | 717 |  |  | $ | 1,733 |  |  | $ | 1,466 |  |  | $ | 47 |  |  | $ | 9,504 |
FICO score 720-739 |  | 16 |  |  | 203 |  |  | 282 |  |  | 225 |  |  | 106 |  |  | 308 |  |  | 190 |  |  | 14 |  |  | 1,344 |
FICO score 700-719 |  | 15 |  |  | 152 |  |  | 230 |  |  | 189 |  |  | 79 |  |  | 270 |  |  | 159 |  |  | 16 |  |  | 1,110 |
FICO score 660-699 |  | 26 |  |  | 170 |  |  | 193 |  |  | 111 |  |  | 81 |  |  | 332 |  |  | 162 |  |  | 17 |  |  | 1,092 |
FICO score 620-659 |  | 3 |  |  | 11 |  |  | 18 |  |  | 23 |  |  | 22 |  |  | 138 |  |  | 34 |  |  | 6 |  |  | 255 |
FICO score less than 620 |  | 3 |  |  | 18 |  |  | 19 |  |  | 18 |  |  | 18 |  |  | 230 |  |  | 23 |  |  | 11 |  |  | 340 |
Total |  | $ | 267 |  |  | $ | 2,116 |  |  | $ | 2,822 |  |  | $ | 2,261 |  |  | $ | 1,023 |  |  | $ | 3,011 |  |  | $ | 2,034 |  |  | $ | 111 |  |  | $ | 13,645 |
|  | December 31, 2023
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior to 2019 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
FICO score 740 or greater |  | $ | 1,572 |  |  | $ | 2,099 |  |  | $ | 1,720 |  |  | $ | 730 |  |  | $ | 465 |  |  | $ | 1,332 |  |  | $ | 1,522 |  |  | $ | 50 |  |  | $ | 9,490 |
FICO score 720-739 |  | 205 |  |  | 286 |  |  | 227 |  |  | 107 |  |  | 88 |  |  | 230 |  |  | 192 |  |  | 15 |  |  | 1,350 |
FICO score 700-719 |  | 154 |  |  | 232 |  |  | 193 |  |  | 81 |  |  | 52 |  |  | 224 |  |  | 159 |  |  | 17 |  |  | 1,112 |
FICO score 660-699 |  | 170 |  |  | 198 |  |  | 113 |  |  | 83 |  |  | 53 |  |  | 290 |  |  | 168 |  |  | 18 |  |  | 1,093 |
FICO score 620-659 |  | 11 |  |  | 20 |  |  | 23 |  |  | 22 |  |  | 36 |  |  | 106 |  |  | 36 |  |  | 7 |  |  | 261 |
FICO score less than 620 |  | 18 |  |  | 19 |  |  | 15 |  |  | 20 |  |  | 12 |  |  | 225 |  |  | 24 |  |  | 11 |  |  | 344 |
Total |  | $ | 2,130 |  |  | $ | 2,854 |  |  | $ | 2,291 |  |  | $ | 1,043 |  |  | $ | 706 |  |  | $ | 2,407 |  |  | $ | 2,101 |  |  | $ | 118 |  |  | $ | 13,650 |
The following tables reflect the amortized cost basis by year of origination and refreshed FICO scores for credit card and other loans as of March 31, 2024 and December 31, 2023.
CREDIT CARD & OTHER PORTFOLIO
|  | March 31, 2024
(Dollars in millions) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior to 2020 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
FICO score 740 or greater |  | $ | 7 |  |  | $ | 50 |  |  | $ | 22 |  |  | $ | 9 |  |  | $ | 5 |  |  | $ | 29 |  |  | $ | 193 |  |  | $ | 5 |  |  | $ | 320 |
FICO score 720-739 |  | 1 |  |  | 5 |  |  | 3 |  |  | 1 |  |  | 1 |  |  | 6 |  |  | 22 |  |  | 1 |  |  | 40 |
FICO score 700-719 |  | — |  |  | 4 |  |  | 4 |  |  | 1 |  |  | 1 |  |  | 4 |  |  | 25 |  |  | — |  |  | 39 |
FICO score 660-699 |  | — |  |  | 4 |  |  | 2 |  |  | 1 |  |  | 1 |  |  | 8 |  |  | 21 |  |  | — |  |  | 37 |
FICO score 620-659 |  | 1 |  |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | 3 |  |  | 7 |  |  | — |  |  | 13 |
FICO score less than 620 |  | 2 |  |  | 13 |  |  | 9 |  |  | 6 |  |  | 7 |  |  | 116 |  |  | 168 |  |  | 1 |  |  | 322 |
Total |  | $ | 11 |  |  | $ | 77 |  |  | $ | 40 |  |  | $ | 19 |  |  | $ | 15 |  |  | $ | 166 |  |  | $ | 436 |  |  | $ | 7 |  |  | $ | 771 |
|  | December 31, 2023
(Dollars in millions) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior to 2019 |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
FICO score 740 or greater |  | $ | 52 |  |  | $ | 26 |  |  | $ | 10 |  |  | $ | 5 |  |  | $ | 3 |  |  | $ | 27 |  |  | $ | 207 |  |  | $ | 5 |  |  | $ | 335 |
FICO score 720-739 |  | 5 |  |  | 3 |  |  | 1 |  |  | 1 |  |  | 1 |  |  | 5 |  |  | 24 |  |  | 1 |  |  | 41 |
FICO score 700-719 |  | 5 |  |  | 4 |  |  | 1 |  |  | 1 |  |  | 1 |  |  | 4 |  |  | 25 |  |  | 1 |  |  | 42 |
FICO score 660-699 |  | 4 |  |  | 3 |  |  | 1 |  |  | 1 |  |  | 1 |  |  | 8 |  |  | 23 |  |  | — |  |  | 41 |
FICO score 620-659 |  | 2 |  |  | 1 |  |  | 1 |  |  | — |  |  | — |  |  | 3 |  |  | 7 |  |  | — |  |  | 14 |
FICO score less than 620 |  | 12 |  |  | 9 |  |  | 6 |  |  | 8 |  |  | 13 |  |  | 103 |  |  | 168 |  |  | 1 |  |  | 320 |
Total |  | $ | 80 |  |  | $ | 46 |  |  | $ | 20 |  |  | $ | 16 |  |  | $ | 19 |  |  | $ | 150 |  |  | $ | 454 |  |  | $ | 8 |  |  | $ | 793 |
Schedule of Accruing And Non-Accruing Loans By Class | The following table reflects accruing and non-accruing loans and leases by class on March 31, 2024 and December 31, 2023:
ACCRUING & NON-ACCRUING LOANS AND LEASES
|  | March 31, 2024
|  | Accruing |  | Non-Accruing |  |
(Dollars in millions) |  | Current |  | 30-89 Days Past Due |  | 90+ Days Past Due |  | Total Accruing |  | Current |  | 30-89 Days Past Due |  | 90+ Days Past Due |  | Total Non- Accruing |  | Total Loans and Leases
Commercial, financial, and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I (a) |  | $ | 30,287 |  |  | $ | 55 |  |  | $ | 1 |  |  | $ | 30,343 |  |  | $ | 102 |  |  | $ | 30 |  |  | $ | 70 |  |  | $ | 202 |  |  | $ | 30,545 |
Loans to mortgage companies |  | 2,362 |  |  | — |  |  | — |  |  | 2,362 |  |  | 4 |  |  | — |  |  | — |  |  | 4 |  |  | 2,366 |
Total commercial, financial, and industrial |  | 32,649 |  |  | 55 |  |  | 1 |  |  | 32,705 |  |  | 106 |  |  | 30 |  |  | 70 |  |  | 206 |  |  | 32,911 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE (b) |  | 14,261 |  |  | 8 |  |  | — |  |  | 14,269 |  |  | 57 |  |  | 28 |  |  | 72 |  |  | 157 |  |  | 14,426 |
Consumer real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
HELOC (c) |  | 2,089 |  |  | 12 |  |  | 3 |  |  | 2,104 |  |  | 27 |  |  | 4 |  |  | 10 |  |  | 41 |  |  | 2,145 |
Real estate installment loans (d) |  | 11,359 |  |  | 39 |  |  | 3 |  |  | 11,401 |  |  | 41 |  |  | 13 |  |  | 45 |  |  | 99 |  |  | 11,500 |
Total consumer real estate |  | 13,448 |  |  | 51 |  |  | 6 |  |  | 13,505 |  |  | 68 |  |  | 17 |  |  | 55 |  |  | 140 |  |  | 13,645 |
Credit card and other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit card |  | 267 |  |  | 2 |  |  | 3 |  |  | 272 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 272 |
Other |  | 494 |  |  | 3 |  |  | — |  |  | 497 |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | 499 |
Total credit card and other |  | 761 |  |  | 5 |  |  | 3 |  |  | 769 |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | 771 |
Total loans and leases |  | $ | 61,119 |  |  | $ | 119 |  |  | $ | 10 |  |  | $ | 61,248 |  |  | $ | 232 |  |  | $ | 75 |  |  | $ | 198 |  |  | $ | 505 |  |  | $ | 61,753 |
|  | December 31, 2023
|  | Accruing |  | Non-Accruing |  |
(Dollars in millions) |  | Current |  | 30-89 Days Past Due |  | 90+ Days Past Due |  | Total Accruing |  | Current |  | 30-89 Days Past Due |  | 90+ Days Past Due |  | Total Non- Accruing |  | Total Loans and Leases
Commercial, financial, and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I (a) |  | $ | 30,398 |  |  | $ | 31 |  |  | $ | 1 |  |  | $ | 30,430 |  |  | $ | 108 |  |  | $ | 18 |  |  | $ | 53 |  |  | $ | 179 |  |  | $ | 30,609 |
Loans to mortgage companies |  | 2,018 |  |  | 1 |  |  | — |  |  | 2,019 |  |  | 5 |  |  | — |  |  | — |  |  | 5 |  |  | 2,024 |
Total commercial, financial, and industrial |  | 32,416 |  |  | 32 |  |  | 1 |  |  | 32,449 |  |  | 113 |  |  | 18 |  |  | 53 |  |  | 184 |  |  | 32,633 |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE (b) |  | 14,072 |  |  | 8 |  |  | — |  |  | 14,080 |  |  | 41 |  |  | — |  |  | 95 |  |  | 136 |  |  | 14,216 |
Consumer real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
HELOC (c) |  | 2,158 |  |  | 11 |  |  | 4 |  |  | 2,173 |  |  | 30 |  |  | 6 |  |  | 10 |  |  | 46 |  |  | 2,219 |
Real estate installment loans (d) |  | 11,295 |  |  | 29 |  |  | 13 |  |  | 11,337 |  |  | 43 |  |  | 6 |  |  | 45 |  |  | 94 |  |  | 11,431 |
Total consumer real estate |  | 13,453 |  |  | 40 |  |  | 17 |  |  | 13,510 |  |  | 73 |  |  | 12 |  |  | 55 |  |  | 140 |  |  | 13,650 |
Credit card and other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit card |  | 271 |  |  | 3 |  |  | 3 |  |  | 277 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 277 |
Other |  | 512 |  |  | 2 |  |  | — |  |  | 514 |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | 516 |
Total credit card and other |  | 783 |  |  | 5 |  |  | 3 |  |  | 791 |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | 793 |
Total loans and leases |  | $ | 60,724 |  |  | $ | 85 |  |  | $ | 21 |  |  | $ | 60,830 |  |  | $ | 228 |  |  | $ | 30 |  |  | $ | 204 |  |  | $ | 462 |  |  | $ | 61,292 |
(a) $191 million and $178 million of C&I loans are nonaccrual loans that have been specifically reviewed for impairment with no related allowance in 2024 and 2023, respectively. (b) $150 million and $129 million of CRE loans are nonaccrual loans that have been specifically reviewed for impairment with no related allowance in 2024 and 2023, respectively. (c) $4 million of HELOC loans are nonaccrual loans that have been specifically reviewed for impairment with no related allowance in both 2024 and 2023, respectively. (d) $9 million and $10 million of real estate installment loans are nonaccrual loans that have been specifically reviewed for impairment with no related allowance in 2024 and 2023, respectively.
Schedule of Financing Receivables Modified | The following tables present the amortized cost basis at the end of the reporting period of loans modified to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of modification made, as well as the financial effect of the modifications made as of March 31, 2024: LOAN MODIFICATIONS TO BORROWERS EXPERIENCING FINANCIAL DIFFICULTY
| Interest Rate Reduction
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect
Consumer real estate (a) | $ | — |  |  | — | % |  | Reduced weighted-average contractual interest rate from 9.95% to 6.75% |  | $ | — |  |  | — | % |  | N/A
Credit card and other (a) | — |  |  | — |  |  | Reduced weighted-average contractual interest rate from 20.50% to 0.00% |  | — |  |  | — |  |  | N/A
Total | $ | — |  |  | — | % |  |  |  | $ | — |  |  | — | % |  |
(a) Balance less than $1 million. |  |  |  |  |  |
| Term Extension
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect
C&I | $ | 64 |  |  | 0.2 | % |  | Added an estimated weighted-average 1.4 years to the life of loans, which reduced monthly payment amounts for the borrowers |  | $ | 63 |  |  | 0.2 | % |  | Added a weighted-average 1 year to the life of loans, which reduced monthly payment amounts for the borrowers
CRE | 19 |  |  | 0.1 |  |  | Added an estimated weighted-average 0.8 years to the life of loans, which reduced monthly payment amounts for the borrowers |  | 32 |  |  | 0.2 |  |  | Added a weighted-average 0.6 years to the life of loans, which reduced monthly payment amounts for the borrowers
Consumer real estate | — |  |  | — |  |  | N/A |  | 1 |  |  | — |  |  | Added a weighted-average 14.9 years to the life of loans, which reduced monthly payment amounts for the borrowers
Total | $ | 83 |  |  | 0.1 | % |  |  |  | $ | 96 |  |  | 0.2 | % |  |
| Principal Forgiveness |  |  |
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023 |  |
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect |  |  |  |
Consumer real estate (a) | $ | — |  |  | — | % |  | Less than $1 million of the principal of consumer loans was legally discharged in bankruptcy during the period and the borrowers have not re-affirmed the debt as of period end |  | $ | — |  |  | — | % |  | N/A |  |  |
Total | $ | — |  |  | — | % |  |  |  | $ | — |  |  | — | % |  |  |  |  |
(a) Balance less than $1 million
| Payment Deferrals
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect
Consumer real estate | $ | — |  |  | — | % |  | N/A |  | $ | 4 |  |  | — | % |  | Payment deferral for 11 months, with a balloon payment at the end of the term
Total | $ | — |  |  | — | % |  |  |  | $ | 4 |  |  | — | % |  |
| Combination - Term Extension and Interest Rate Reduction
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect
Consumer real estate | $ | 1 |  |  | — | % |  | Added an estimated weighted-average 18.8 years to the life of loans and reduced weighted-average contractual interest rate from 6.43% to 3.69% |  | $ | 2 |  |  | — | % |  | Added a weighted-average 8.8 years to the life of loans and reduced weighted-average contractual interest rate from 5.00% to 4.90%
Total | $ | 1 |  |  | — | % |  |  |  | $ | 2 |  |  | — | % |  |
| Combination - Principal Forgiveness and Term Extension
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
(Dollars in millions) | Balance |  | % of Total Class |  | Financial Effect |  | Balance |  | % of Total Class |  | Financial Effect
C&I | $ | — |  |  | — | % |  | N/A |  | $ | 18 |  |  | 0.1 | % |  | Reduced the balance of the loans by $2 million and added a weighted-average 6.2 years to the life of the loans
Total | $ | — |  |  | — | % |  |  |  | $ | 18 |  |  | — | % |  |
Schedule of Financing Receivable, Performance of Modified Loan | The following table depicts the performance of loans that have been modified in the last 12 months:
PERFORMANCE OF LOANS THAT HAVE BEEN MODIFIED IN THE LAST 12 MONTHS
|  | March 31, 2024
(Dollars in millions) |  | Current |  | 30-89 Days Past Due |  | 90+ Days Past Due |  |  | Non-Accruing
C&I |  | $ | 100 |  |  | $ | 1 |  |  | $ | — |  |  |  | $ | 18 |
CRE |  | 19 |  |  | — |  |  | — |  |  |  | 28 |
Consumer Real Estate |  | 4 |  |  | — |  |  | — |  |  |  | 3 |
Credit Card and Other |  | — |  |  | — |  |  | — |  |  |  | — |
Total |  | $ | 123 |  |  | $ | 1 |  |  | $ | — |  |  |  | $ | 49 |

X
- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, current loans, and financing receivables on nonaccrual status. + References No definition available. + Details
Name: | fhn_PastDueAndCurrentFinancingReceivablesTableTextBlock
Namespace Prefix: | fhn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Financing Receivable, Performance of Modified Loan + References No definition available. + Details
Name: | fhn_ScheduleOfFinancingReceivablePerformanceOfModifiedLoanTableTextBlock
Namespace Prefix: | fhn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of loans by portfolio segment. + References No definition available. + Details
Name: | fhn_ScheduleOfLoansByPortfolioSegmentTableTextBlock
Namespace Prefix: | fhn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-29 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org//1943274/2147481933/310-10-55-12A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-42 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-42 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-33 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-34 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration