XML 37 R20.htm IDEA: XBRL DOCUMENT
v3.20.4

Regulatory Capital | 12 Months Ended
--- | ---
Dec. 31, 2020
Regulatory Capital Disclosure [Abstract] |
Regulatory Capital | Note 12 - Regulatory Capital Synovus and Synovus Bank are subject to regulatory capital requirements administered by the federal and state banking agencies under Basel III. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the consolidated financial statements. Under capital adequacy standards and the regulatory framework for prompt corrective action, Synovus and Synovus Bank must meet specific capital levels that involve quantitative measures of both on- and off-balance sheet items as calculated under regulatory capital guidelines. Capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. As a financial holding company, Synovus and its subsidiary bank, Synovus Bank, are required to maintain capital levels required for a well-capitalized institution as defined by federal banking regulations. Under the capital rules, Synovus and Synovus Bank are well-capitalized if each has a CET1 ratio of 6.5% or greater, a Tier 1 risk-based capital ratio of 8% or greater, a total risk-based capital ratio of 10% or greater, a leverage ratio of 5% or greater, and are not subject to any written agreement, order, capital directive, or prompt corrective action directive from a federal and/or state banking regulatory agency to meet and maintain a specific capital level for any capital measure. Additionally, regulatory capital rules include a capital conservation buffer of 2.5% that is added on top of each of the minimum risk-based capital ratios in order to avoid restrictions on capital distributions and discretionary bonuses. Management currently believes, based on internal capital analyses and earnings projections, that Synovus' capital position is adequate to meet current and future regulatory minimum capital requirements inclusive of the capital conservation buffer. The following table summarizes regulatory capital information at December 31, 2020 and 2019 for Synovus and Synovus Bank.
| Actual Capital |  | Minimum Requirement For Capital Adequacy(1) |  | To Be Well-Capitalized Under Prompt Corrective Action Provisions(2)
(dollars in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019
Synovus Financial Corp. |  |  |  |  |  |  |  |  |  |  |
CET1 capital | $ | 4,034,865 |  |  | $ | 3,743,459 |  |  | $ | 1,879,551 |  |  | $ | 1,882,424 |  |  | N/A |  | N/A
Tier 1 risk-based capital | 4,572,010 |  |  | 4,280,604 |  |  | 2,506,068 |  |  | 2,509,899 |  |  | N/A |  | N/A
Total risk-based capital | 5,604,230 |  |  | 5,123,381 |  |  | 3,341,425 |  |  | 3,346,531 |  |  | N/A |  | N/A
CET1 capital ratio | 9.66 | % |  | 8.95 | % |  | 4.50 | % |  | 4.50 | % |  | N/A |  | N/A
Tier 1 risk-based capital ratio | 10.95 |  |  | 10.23 |  |  | 6.00 |  |  | 6.00 |  |  | N/A |  | N/A
Total risk-based capital ratio | 13.42 |  |  | 12.25 |  |  | 8.00 |  |  | 8.00 |  |  | N/A |  | N/A
Leverage ratio | 8.50 |  |  | 9.16 |  |  | 4.00 |  |  | 4.00 |  |  | N/A |  | N/A
Synovus Bank |  |  |  |  |  |  |  |  |  |  |
CET1 capital | $ | 4,641,711 |  |  | $ | 4,640,501 |  |  | $ | 1,880,757 |  |  | $ | 1,881,199 |  |  | $ | 2,716,650 |  |  | $ | 2,717,287 |
Tier 1 risk-based capital | 4,641,711 |  |  | 4,640,501 |  |  | 2,507,677 |  |  | 2,508,265 |  |  | 3,343,569 |  |  | 3,344,354 |
Total risk-based capital | 5,361,611 |  |  | 4,923,279 |  |  | 3,343,569 |  |  | 3,344,354 |  |  | 4,179,461 |  |  | 4,180,442 |
CET1 capital ratio | 11.11 | % |  | 11.10 | % |  | 4.50 | % |  | 4.50 | % |  | 6.50 | % |  | 6.50 | %
Tier 1 risk-based capital ratio | 11.11 |  |  | 11.10 |  |  | 6.00 |  |  | 6.00 |  |  | 8.00 |  |  | 8.00 |
Total risk-based capital ratio | 12.83 |  |  | 11.78 |  |  | 8.00 |  |  | 8.00 |  |  | 10.00 |  |  | 10.00 |
Leverage ratio | 8.73 |  |  | 9.94 |  |  | 4.00 |  |  | 4.00 |  |  | 5.00 |  |  | 5.00 |
(1) The additional capital conservation buffer in effect is 2.5%. (2) The prompt corrective action provisions are applicable at the bank level only.

X
- Definition Regulatory Capital Disclosure [Abstract] + References No definition available. + Details
Name: | syn_RegulatoryCapitalDisclosureAbstract
Namespace Prefix: | syn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration