Exhibit 99.1

FINANCIAL SUPPLEMENT

If you need further information, please contact:
Aarti Bowman, Investor Relations
901-523-4017
aagoorha@firsthorizon.com

TABLE OF CONTENTS

		Page
First Horizon National Corporation Segment Structure			3
Performance Highlights			4
Charges for Restructuring, Repositioning, & Efficiency Initiatives			6
Consolidated Results
Income Statement
Summary Results			7
Income Statement			8
Other Income and Other Expense			9
Balance Sheet
Period End Balance Sheet			10
Average and Period End Loans			11
Average Balance Sheet			12
Average Balance Sheet: Income and Expense			13
Average Balance Sheet: Yields and Rates			14
Mortgage Servicing Rights			15
Business Segment Detail
Segment Highlights			16
Regional Banking			17
Capital Markets			18
Corporate			19
Non-Strategic			20
Non-Strategic: Servicing			21
Capital Highlights			22
Asset Quality
Asset Quality: Consolidated			23
Analysis of Individually Impaired Loans and NPL and ORE Rollforwards			25
Asset Quality: Regional Banking and Corporate			26
Asset Quality: Non-Strategic			27
Asset Quality Highlights: Key Portfolios — Commercial			28
Asset Quality Highlights: Key Portfolios — Consumer			29
Asset Quality Process			30
Glossary of Terms			31
Non-GAAP to GAAP Reconciliation			32

Other Information

This financial supplement contains forward-looking statements involving significant risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking information. Those factors include general economic and financial market conditions, including expectations of and actual timing and amount of interest rate movements including the slope of the yield curve, competition, customer and investor responses to these conditions, ability to execute business plans, geopolitical developments, recent and future legislative and regulatory developments, natural disasters, and items mentioned in this financial supplement and in First Horizon National Corporation’s (FHN) most recent press release, as well as critical accounting estimates and other factors described in FHN’s recent filings with the SEC. FHN disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements included herein or therein to reflect future events or developments.

Use of Non-GAAP Measures

Certain ratios are included in this financial supplement that are non-GAAP, meaning they are not presented in accordance with generally accepted accounting principles (GAAP) in the U.S. FHN’s management believes such ratios are relevant to understanding the capital position and results of the Company. The non-GAAP ratios presented in this Financial Supplement are tangible common equity to tangible assets, tangible book value per common share, tier 1 common to risk weighted assets, adjusted tangible common equity to risk weighted assets, and net interest margin adjusted for FTE. These ratios are reported to FHN’s management and Board of Directors through various internal reports. Additionally, disclosure of these ratios provides a meaningful base for comparability to other financial institutions as the capital ratios have become an important measure of the capital strength of banks as demonstrated by the inclusion in the stress tests administered by the United States Treasury Department under the Capital Assistance Program. Non-GAAP measures are not formally defined by GAAP or codified in the federal banking regulations, and other entities may use calculation methods that differ from those used by FHN. Tier 1 capital is a regulatory term and is generally defined as the sum of core capital (including common equity and instruments that can not be redeemed at the option of the holder) adjusted for certain items under risk based capital regulations. Also a regulatory term, risk weighted assets includes total assets adjusted for credit risk and is used to determine capital ratios. Refer to the tabular reconciliation of non-GAAP to GAAP measures and presentation of the most comparable GAAP items on page 32 of this financial supplement.

FIRST HORIZON NATIONAL CORPORATION SEGMENT STRUCTURE

     

     

Regional Banking

	- Traditional lending and deposit taking, investments, insurance services, financial planning, trust services, asset management, cash management, and health savings accounts
	- Correspondent banking which provides credit, depository, and other banking related services to other financial institutions
	- First lien mortgage originations through regional banking channels

Capital Markets

	- Fixed income sales, trading, and strategies for institutional clients in U.S. and abroad
	- Other capital markets products such as portfolio advisory, derivatives, and loan trading

Corporate

	- Executive management, enterprise-wide risk management, corporate finance, corporate communications, low income housing activities, legal functions and funding for the corporation including any impact from balance sheet positioning
	- Various charges related to restructuring, repositioning, and efficiency initiatives

Non-Strategic

- Wind-down businesses that include:

	- National commercial and consumer lending loan portfolios
	- Trust preferred loan portfolio
	- Legacy mortgage servicing

- Exited businesses (such as national mortgage banking and institutional equity research) and associated restructuring, repositioning, and efficiency charges

PERFORMANCE HIGHLIGHTS

Summary of Fourth Quarter 2010 Significant Items
(Millions)

(Fourth Quarter 2010 vs. Third Quarter 2010)

Asset Quality

-	Allowance as a percentage of loans ratio decreased to 396 basis points from 422 basis points in prior quarter

-

Reflects $55.1 million net allowance decrease in current quarter

-	Provision expense decreased to $45.0 million in fourth quarter compared to $50.0 million in third quarter

-	Annualized net charge-offs were 238 basis points of average loans, an improvement from 263 basis points in prior quarter

-

Net charge-offs were $100.1 million in fourth quarter compared to $111.4 million in prior quarter

-	NPAs decreased 9 percent from prior quarter; NPA ratio decreased to 448 basis points from 500 basis points

-

NPAs in the regional bank commercial portfolio also improved

-

NPAs continued to benefit from the wind-down of the non-strategic construction loan portfolios

-

Volatility experienced in nonperforming commercial loans as anticipated

-	Troubled debt restructurings (“TDRs”) were $339 million at the end of fourth quarter compared with $300 million in prior quarter

-	Commercial Portfolio:

-

Reserve decrease in C&I primarily due to continued improvement in the portfolio; bank-related and TRUPS remain stressed, but stabilizing

-

Continued stress in Income CRE portfolio, however performance moderating as reserve levels decreased from prior quarter

-

Reduction of Residential CRE portfolio continues as balances declined 18% from prior quarter

-	Consumer Portfolio:

-

Performance of the home equity portfolio stabilized as balances continue to slowly decline

-

The permanent mortgage portfolio’s performance stabilized

-

Asset quality trends improved due to recognition of approximately $175 million of first lien mortgage loans from called securitization trusts

-

Trusts included mortgage loans from 2002 and 2003 vintages

-

Portfolio has become more seasoned as aging typically results in improved credit trends

Capital and Liquidity

-	Completed common stock offering of 26.3 million shares generating net proceeds of $263.1 million

-	Repurchased $866.5 million TARP preferred shares
-	Net income available to common shareholders affected by $63.2 million of preferred stock dividends in fourth quarter

-

$53.3 million of amortization to accrete remaining discounted book value up to face value

-

Includes $49.6 million attributable to acceleration of initial discount amortization as result of TARP repayment

-

$9.9 million effect of pro-rated quarterly cash dividend

-	Quarterly stock dividend paid January 1, 2011

-	Current ratios strong (estimated based on period-end balances)

-

8.93% for tangible common equity to tangible assets

-

13.96% for Tier 1

-

18.61% for Total Capital

-

11.51% for Tier 1 Common

-	Completed $500 million senior debt offering in fourth quarter

-

Fixed rate note of 5.375% swapped to floating

Taxes

-	Approximately $9 million positive quarterly effect from permanent tax credits

PERFORMANCE HIGHLIGHTS (continued)

(Fourth Quarter 2010 vs. Third Quarter 2010 unless noted otherwise)

Regional Banking

-	Net interest margin expanded to 5.23% from 5.15% in prior quarter

-

Increase reflects interest income recognized on previously nonaccruing loans, an increase in commercial loan fees, and improved commercial loan spreads

-	Noninterest income decreased slightly to $76.7 million from $77.5 million in prior quarter

-

Linked-quarter decline is primarily the result of a gain on student loan sale recognized in third quarter

-

Partially offset by rise in mortgage origination income from refinance activity

-	Provision expense decreased to $2.0 million from $10.3 million

-

Decline in provision primarily due to improvement in the C&I loan portfolio

Capital Markets

-	Fixed income revenues decreased to $86.1 million in fourth quarter from $106.9 million in prior quarter

-

Fixed income average daily revenue (ADR) of $1.4 million in fourth quarter, down from $1.7 million in prior quarter

-	Other product revenues were $8.5 million in fourth quarter compared to $7.2 million in prior quarter

-	Noninterest expense decreased slightly to $76.8 million from $79.5 million in the prior quarter

-

Variable compensation costs decreased due to lower fixed income revenues; somewhat offset by higher legal and professional fees

Corporate

-	Net interest income/(expense) improved slightly from last quarter to a loss of $2.1 million

-

NII and NIM impacted by declining yields on the investment portfolio and balance sheet mix

-	Noninterest income (including securities gains) increased to $26.1 million from $7.9 million in the third quarter

-

Favorably affected by $14.8 million gain from the sale of 440,000 Class B shares of Visa, Inc.

-

Increase attributable to $2.0 million of death benefits received from bank-owned life insurance (BOLI)

-

Income from deferred compensation plans increased $1.2 million which was more than offset by an increase in deferred compensation expense

-	Noninterest expense was relatively flat at $19.4 million from $19.5 million in prior quarter

-

Favorably affected by an $8.0 million reversal of the contingent liability for certain Visa legal matters

-

A $1.1 million franchise tax adjustment associated with TARP repayment positively affected noninterest expense in fourth quarter

-

Restructuring charges were $5.4 million in fourth quarter

-

Included $3.1 million in asset impairments related to approved branch closures and $2.3 million of severance

-

Deferred compensation expense increased $1.6 million from prior quarter

Non-Strategic

-	Net interest income declined $4.2 million to $33.2 million in fourth quarter

-	Provision expense increased $3.3 million to $43.0 million

-	Noninterest income decreased to $13.4 million from $51.7 million in prior quarter due to a decline in mortgage banking income

-

Positive net hedging results decreased to $7.0 million from $31.8 million in the prior quarter

-

Servicing fees declined $4.2 million to $17.1 million as a result of a reduction in the size of the mortgage servicing portfolio

-

Mortgage banking income affected by negative fair value adjustment to the mortgage warehouse of $4.1 million in fourth quarter

-

Prior quarter mortgage warehouse adjustment was favorable $3.5 million

-	Noninterest expense decreased to $79.0 million in third quarter from $87.1 million in prior quarter

-

Provisioning for repurchase and foreclosure losses was $44.2 million in fourth quarter compared to $48.7 million in prior quarter

-

Pipeline inflow was $262.9 million in the fourth quarter, increasing the ending pipeline to $534.2 million

-

The pipeline represents active investor claims and mortgage insurance (MI) cancellation notices under review

-

Excludes MI cancellation notices that have been reviewed and the MI coverage has been lost

-

For purposes of estimating loss, MI cancellation notices where coverage has been lost are also contemplated

-

Loss severities continue to range between 50% and 60% with rescission rates averaging between 40% and 50%

Consolidated

-	Net loss available to common shareholders was $48.7 million in fourth quarter compared to net income of $15.9 million in prior quarter

-

Diluted loss per share was $.20 per share compared with diluted earnings per share of $.07 in third quarter

-	2010 (full year) net loss available to common shareholders improved to $57.8 million from a net loss of $329.4 million in 2009

-

Diluted loss per share for 2010 was $.25 compared with a diluted loss per share of $1.41 in 2009

CHARGES FOR RESTRUCTURING, REPOSITIONING, & EFFICIENCY INITIATIVES Quarterly, Unaudited

(Thousands, rounded)		4Q10				3Q10				2Q10				1Q10				4Q09
By Income Statement Impact
Noninterest income
Mortgage banking		$	—			$	—			$	(1,500	)		$	—			$	600
Losses on divestitures			—				—				—				—				(9,200	)
Noninterest expense
Employee compensation, incentives, and benefits			2,300				800				(600	)			600				1,400
Legal and professional fees			—				—				—				100				600
Occupancy			—				—				900				100				1,700
Goodwill impairment			—				—				—				—				2,300
All other expense			3,100				300				(1,400	)			200				16,300
Total loss before income taxes			(5,400	)			(1,100	)			(400	)			(1,000	)			(30,900	)
Income/(loss) from discontinued operations (a)			—				—				800				(10,100	)			(300	)
Net charges resulting from restructuring, repositioning, and efficiency initiatives		$	(5,400	)		$	(1,100	)		$	400			$	(11,100	)		$	(31,200	)

Certain previously reported amounts have been reclassified to agree with current presentation.
(a)		Primarily includes goodwill impairment, severance, and other charges related to the exit of the institutional equity research business.

CONSOLIDATED SUMMARY RESULTS Quarterly, Unaudited

																						4Q10 Change vs.
(Dollars in thousands, except per share data)		4Q10				3Q10				2Q10				1Q10				4Q09				3Q10				4Q09
Income Statement Highlights
Net interest income			$182,236				$186,143				$182,064				$180,395				$189,894				(2	)%			(4	)%
Noninterest income			195,269				251,140				248,160				250,201				247,108				(22	)%			(21	)%
Securities gains/(losses), net			15,681				(2,928	)			75				(1,906	)			(911	)		NM				NM
Total revenue			393,186				434,355				430,299				428,690				436,091				(9	)%			(10	)%
Noninterest expense			334,837				347,550				342,041				342,705				390,356				(4	)%			(14	)%
Provision for loan losses			45,000				50,000				70,000				105,000				135,000				(10	)%			(67	)%
Income/(loss) before income taxes			13,349				36,805				18,258				(19,015	)			(89,265	)			(64	)%		NM
Provision/(benefit) for income taxes			(3,959	)			3,095				(1,826	)			(16,393	)			(38,111	)		NM					90	%
Income/(loss) from continuing operations			17,308				33,710				20,084				(2,622	)			(51,154	)			(49	)%		NM
Income/(loss) from discontinued operations, net of tax			—				—				394				(7,271	)			(1,690	)		NM				NM
Net income/(loss)			17,308				33,710				20,478				(9,893	)			(52,844	)			(49	)%		NM
Net income attributable to noncontrolling interest			2,840				2,875				2,844				2,844				2,839				(1	)%			*
Net income/(loss) attributable to controlling interest			14,468				30,835				17,634				(12,737	)			(55,683	)			(53	)%		NM
Preferred stock dividends			63,154				14,960				14,938				14,918				14,897			NM				NM
Net income/(loss) available to common shareholders			$(48,686	)			$15,875				$2,696				$(27,655	)			$(70,580	)		NM					31	%
Common Stock Data
Diluted EPS from continuing operations (a)			$(0.20	)			$0.07				$0.01				$(0.09	)			$(0.29	)		NM					31	%
Diluted EPS (a)			(0.20	)			0.07				0.01				(0.12	)			(0.30	)		NM					32	%
Diluted shares (a)			239,095				238,867				240,968				234,469				234,458				*				2	%
Period-end shares outstanding (a)			263,366				237,061				236,840				236,585				236,098				11	%			12	%
Stock dividend rate declared per share			1.8122	%			1.6567	%			1.2896	%			1.4561	%			1.4971	%
Balance Sheet Highlights (Period-End)
Total loans, net of unearned income (Restricted — $.8 billion)			$16,782,572				$17,059,489				$17,154,050				$17,484,224				$18,123,884				(2	)%			(7	)%
Total deposits (Restricted — $1.2 million)			15,208,231				14,975,920				15,201,816				15,069,700				14,867,215				2	%			2	%
Total assets (Restricted — $.7 billion)			24,698,952				25,384,181				26,254,226				25,923,576				26,068,678				(3	)%			(5	)%
Total liabilities (Restricted — $.8 billion)			22,020,947				22,077,293				22,966,993				22,652,634				22,766,210				*				(3	)%
Total equity			2,678,005				3,306,888				3,287,233				3,270,942				3,302,468				(19	)%			(19	)%
Asset Quality Highlights
Allowance for loan losses (Restricted — $47.5 million)			$664,799				$719,899				$781,269				$844,060				$896,914				(8	)%			(26	)%
Allowance / period-end loans			3.96	%			4.22	%			4.55	%			4.83	%			4.95	%
Net charge-offs			$100,100				$111,370				$132,791				$182,432				$182,851				(10	)%			(45	)%
Net charge-offs (annualized) / average loans			2.38	%			2.63	%			3.10	%			4.13	%			4.00	%
Non-performing assets (NPA)			$836,502				$919,242				$899,802				$1,041,214				$1,051,393				(9	)%			(20	)%
NPA % (b)			4.48	%			5.00	%			4.92	%			5.63	%			5.56	%
Key Ratios & Other
Return on average assets (annualized) (c)			0.27	%			0.52	%			0.32	%			(0.16	)%			(0.79	)%
Return on average common equity (annualized) (d)			(8.59	)%			2.86	%			0.49	%			(5.10	)%			(12.25	)%
Net interest margin (e) (f)			3.18	%			3.23	%			3.19	%			3.18	%			3.19	%
Fee income to total revenue			50	%			58	%			58	%			58	%			57	%
Efficiency ratio (g)			88.70	%			79.48	%			79.50	%			79.59	%			89.33	%
Book value per common share			$9.05				$9.28				$9.23				$9.18				$9.35
Tangible book value per common share (f)			$8.31				$8.45				$8.39				$8.34				$8.49
Adjusted tangible common equity to risk weighted assets (f)			10.62	%			9.55	%			9.21	%			9.09	%			9.06	%
FTE employees			5,435				5,506				5,531				5,503				5,731				(1	)%			(5	)%

NM — Not meaningful
*		Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)		Shares restated for stock dividends distributed through January 1, 2011.
(b)		NPAs related to the loan portfolio over period-end loans plus foreclosed real estate and other assets.
(c)		Calculated using net income.
(d)		Calculated using net income available to common shareholders.
(e)		Net interest margin is computed using total net interest income adjusted for FTE.
(f)		Refer to the Non-GAAP to GAAP Reconciliation on page 32 of this financial supplement.
(g)		Noninterest expense divided by total revenue excluding securities gains/(losses).

CONSOLIDATED INCOME STATEMENT Quarterly, Unaudited

																						4Q10 Change vs.
(Thousands)		4Q10				3Q10				2Q10				1Q10				4Q09				3Q10				4Q09
Interest income			$217,260				$223,165				$220,365				$219,496				$230,991				(3	)%			(6	)%
Less: interest expense			35,024				37,022				38,301				39,101				41,097				(5	)%			(15	)%
Net interest income			182,236				186,143				182,064				180,395				189,894				(2	)%			(4	)%
Provision for loan losses			45,000				50,000				70,000				105,000				135,000				(10	)%			(67	)%
Net interest income after provision for loan losses			137,236				136,143				112,064				75,395				54,894				1	%			NM
Noninterest income:
Capital markets			94,573				114,014				100,876				114,571				117,966				(17	)%			(20	)%
Mortgage banking			16,057				53,122				63,301				34,884				45,007				(70	)%			(64	)%
Deposit transactions and cash management			35,142				34,911				39,018				35,767				41,176				1	%			(15	)%
Trust services and investment management			7,339				7,137				7,839				7,270				7,664				3	%			(4	)%
Brokerage management fees and commissions			5,790				6,441				6,032				6,339				6,518				(10	)%			(11	)%
Insurance commissions			4,036				4,150				4,575				5,183				5,868				(3	)%			(31	)%
Securities gains/(losses), net (a)			15,681				(2,928	)			75				(1,906	)			(911	)		NM				NM
Losses on divestitures			—				—				—				—				(9,183	)		NM				NM
Other			32,332				31,365				26,519				46,187				32,092				3	%			1	%
Total noninterest income			210,950				248,212				248,235				248,295				246,197				(15	)%			(14	)%
Adjusted gross income after provision for loan losses			348,186				384,355				360,299				323,690				301,091				(9	)%			16	%
Noninterest expense:
Employee compensation, incentives and benefits			168,794				174,918				164,915				180,181				163,280				(4	)%			3	%
Repurchase and foreclosure provision			44,223				48,712				56,188				40,707				59,357				(9	)%			(25	)%
Operations services			14,886				14,952				15,322				14,608				15,046				*				(1	)%
Occupancy			14,061				14,555				15,658				14,817				17,937				(3	)%			(22	)%
Legal and professional fees			16,349				14,269				18,109				13,974				20,433				15	%			(20	)%
Deposit insurance premium			9,326				10,123				9,196				8,493				8,495				(8	)%			10	%
Computer software			8,451				7,634				7,376				7,166				6,655				11	%			27	%
Contract employment			7,934				7,443				7,274				6,174				9,134				7	%			(13	)%
Equipment rentals, depreciation, and maintenance			7,936				7,233				7,705				6,032				8,744				10	%			(9	)%
Foreclosed real estate			4,178				5,159				5,137				10,470				13,144				(19	)%			(68	)%
Communications and courier			5,197				5,098				5,893				6,255				6,272				2	%			(17	)%
Miscellaneous loan costs			1,796				1,913				4,546				4,112				5,994				(6	)%			(70	)%
Amortization of intangible assets			1,382				1,382				1,382				1,380				1,427				*				(3	)%
Goodwill impairment			—				—				—				—				2,294			NM				NM
Other (b)			30,324				34,159				23,340				28,336				52,144				(11	)%			(42	)%
Total noninterest expense			334,837				347,550				342,041				342,705				390,356				(4	)%			(14	)%
Income/(loss) before income taxes			13,349				36,805				18,258				(19,015	)			(89,265	)			(64	)%		NM
Provision/(benefit) for income taxes			(3,959	)			3,095				(1,826	)			(16,393	)			(38,111	)		NM					90	%
Income/(loss) from continuing operations			$17,308				$33,710				$20,084				$(2,622	)			$(51,154	)			(49	)%		NM
Income/(loss) from discontinued operations, net of tax			—				—				394				(7,271	)			(1,690	)		NM				NM
Net income/(loss)			$17,308				$33,710				$20,478				$(9,893	)			$(52,844	)			(49	)%		NM
Net income attributable to noncontrolling interest			2,840				2,875				2,844				2,844				2,839				(1	)%			*
Net income/(loss) attributable to controlling interest			$14,468				$30,835				$17,634				$(12,737	)			$(55,683	)			(53	)%		NM
Preferred stock dividends (c)			63,154				14,960				14,938				14,918				14,897			NM				NM
Net income/(loss) available to common shareholders			$(48,686	)			$15,875				$2,696				$(27,655	)			$(70,580	)		NM					31	%

NM — Not meaningful
*		Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)		4Q10 includes $14.8 million gain related to the sale of Visa stock.
(b)		4Q10 includes reversal of $8.0 million of the contingent liability for certain Visa legal matters.
(c)		4Q10 includes $53.3 million amortization of the remaining discount related to the CPP preferred and a $9.9 million cash dividend.

OTHER INCOME AND OTHER EXPENSE Quarterly, Unaudited

																						4Q10 Change vs.
(Thousands)		4Q10				3Q10				2Q10				1Q10				4Q09				3Q10				4Q09
Other Income
Bank owned life insurance			$7,732				$5,913				$5,784				$6,469				$5,252				31	%			47	%
Bankcard income			4,977				4,965				5,271				4,548				5,016				*				(1	)%
ATM interchange fees			3,748				3,532				3,232				3,657				3,697				6	%			1	%
Other service charges			2,845				2,832				2,382				2,383				2,451				*				16	%
Electronic banking fees			1,629				1,870				1,887				1,725				1,428				(13	)%			14	%
Letter of credit fees			1,508				1,544				1,802				1,639				1,785				(2	)%			(16	)%
Deferred compensation			2,287				1,118				(762	)			1,030				466				105	%		NM
Gains/(losses) from loan sales and securitizations			587				756				928				612				(1,131	)			(22	)%		NM
Remittance processing			300				512				575				621				2,280				(41	)%			(87	)%
Reinsurance fees			516				344				587				863				1,786				50	%			(71	)%
Gains on repurchase of debt			—				—				—				17,060				3,552			NM				NM
Other			6,203				7,979				4,833				5,580				5,510				(22	)%			13	%
Total			$32,332				$31,365				$26,519				$46,187				$32,092				3	%			1	%
Other Expense
Advertising and public relations			$5,784				$6,587				$5,598				$5,279				$5,567				(12	)%			4	%
Low income housing expense			5,886				5,513				5,364				5,466				5,533				7	%			6	%
Other insurance and taxes			1,876				3,012				3,672				3,257				3,326				(38	)%			(44	)%
Travel and entertainment			2,529				2,560				2,686				2,449				2,383				(1	)%			6	%
Customer relations			1,729				1,545				1,838				1,967				1,961				12	%			(12	)%
Employee training and dues			1,161				1,166				1,007				1,487				1,083				*				7	%
Supplies			1,239				1,149				1,100				1,168				1,309				8	%			(5	)%
Bank examination costs			1,147				1,147				1,142				1,142				1,194				*				(4	)%
Loan insurance expense (a)			603				903				682				(2,874	)			1,854				(33	)%			(67	)%
Federal services fees			471				520				712				907				1,044				(9	)%			(55	)%
Other (b) (c)			7,899				10,057				(461	)			8,088				26,890				(21	)%			(71	)%
Total			$30,324				$34,159				$23,340				$28,336				$52,144				(11	)%			(42	)%

NM — Not meaningful
*		Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)		1Q10 includes cancellation of an HLTV insurance contract and return of $3.8 million of premiums.
(b)		4Q10 includes $8.0 million reversal of the contingent liability for certain Visa legal matters.
(c)		4Q10 includes $3.1 million of net charges related to Restructuring, Repositioning, & Efficiency Initiatives.

CONSOLIDATED PERIOD-END BALANCE SHEET Quarterly, Unaudited

																						4Q10 Change vs.
(Thousands)		4Q10				3Q10				2Q10				1Q10				4Q09				3Q10				4Q09
Assets
Investment securities			$3,031,930				$2,611,460				$2,489,819				$2,697,719				$2,694,468				16	%			13	%
Loans held for sale			375,289				414,259				505,237				505,794				452,501				(9	)%			(17	)%
Loans, net of unearned income (Restricted — $.8 billion)			16,782,572				17,059,489				17,154,050				17,484,224				18,123,884				(2	)%			(7	)%
Federal funds sold and securities purchased under agreements to resell			424,390				602,407				602,910				523,237				452,883				(30	)%			(6	)%
Interest bearing cash (a)			517,739				266,469				275,148				383,571				539,300				94	%			(4	)%
Trading securities			769,750				1,214,595				1,806,789				964,800				699,900				(37	)%			10	%
Total earning assets			21,901,670				22,168,679				22,833,953				22,559,345				22,962,936				(1	)%			(5	)%
Cash and due from banks (Restricted — $3.1 million)			344,384				331,743				364,857				279,730				465,712				4	%			(26	)%
Capital markets receivables			146,091				564,879				828,866				743,514				334,404				(74	)%			(56	)%
Mortgage servicing rights, net			207,319				191,943				201,746				264,959				302,611				8	%			(31	)%
Goodwill			162,180				162,180				162,180				162,180				165,528				*				(2	)%
Other intangible assets, net			32,881				34,263				35,645				37,027				38,256				(4	)%			(14	)%
Premises and equipment, net			322,319				311,947				307,452				308,714				313,824				3	%			3	%
Real estate acquired by foreclosure (b)			125,401				139,359				122,548				122,060				125,190				(10	)%			*
Allowance for loan losses (Restricted — $47.5 million)			(664,799	)			(719,899	)			(781,269	)			(844,060	)			(896,914	)			8	%			26	%
Other assets (Restricted — $19.7 million)			2,121,506				2,199,087				2,178,248				2,290,107				2,257,131				(4	)%			(6	)%
Total assets (Restricted — $.7 billion)			$24,698,952				$25,384,181				$26,254,226				$25,923,576				$26,068,678				(3	)%			(5	)%
Liabilities and Equity
Deposits
Savings			$6,036,895				$5,436,451				$5,385,698				$5,174,901				$4,847,709				11	%			25	%
Other interest-bearing deposits			2,842,306				3,088,224				3,237,183				3,256,040				3,169,474				(8	)%			(10	)%
Time deposits			1,390,995				1,473,622				1,545,475				1,642,820				1,895,992				(6	)%			(27	)%
Total interest-bearing core deposits			10,270,196				9,998,297				10,168,356				10,073,761				9,913,175				3	%			4	%
Noninterest-bearing deposits (Restricted — $1.2 million)			4,376,285				4,393,107				4,409,505				4,461,050				4,394,096				*				*
Total core deposits (c)			14,646,481				14,391,404				14,577,861				14,534,811				14,307,271				2	%			2	%
Certificates of deposit $100,000 and more			561,750				584,516				623,955				534,889				559,944				(4	)%			*
Total deposits (Restricted — $1.2 million)			15,208,231				14,975,920				15,201,816				15,069,700				14,867,215				2	%			2	%
Federal funds purchased and securities sold under agreements to repurchase			2,114,908				2,439,542				2,278,890				2,635,423				2,874,353				(13	)%			(26	)%
Trading liabilities			361,920				414,666				481,477				357,919				293,387				(13	)%			23	%
Other short-term borrowings and commercial paper			180,735				193,361				487,449				167,508				761,758				(7	)%			(76	)%
Term borrowings (Restricted — $.8 billion)			3,228,070				2,805,731				2,926,675				2,932,524				2,190,544				15	%			47	%
Other collateralized borrowings (d)			—				—				—				—				700,589			NM				NM
Total long-term debt			3,228,070				2,805,731				2,926,675				2,932,524				2,891,133				15	%			12	%
Capital markets payables			65,506				379,526				754,079				740,852				292,975				(83	)%			(78	)%
Other liabilities (Restricted — $.1 million)			861,577				868,547				836,607				748,708				785,389				(1	)%			10	%
Total liabilities (Restricted — $.8 billion)			22,020,947				22,077,293				22,966,993				22,652,634				22,766,210				*				(3	)%
Equity
Common stock			164,604				145,526				143,021				141,048				138,738				13	%			19	%
Capital surplus			1,630,210				1,344,307				1,296,484				1,251,776				1,208,649				21	%			35	%
Capital surplus common stock warrant — (CPP)			83,860				83,860				83,860				83,860				83,860				*				*
Undivided profits			631,712				737,014				767,769				809,624				891,580				(14	)%			(29	)%
Accumulated other comprehensive loss, net			(127,546	)			(109,958	)			(105,922	)			(113,291	)			(114,209	)			(16	)%			(12	)%
Preferred stock capital surplus — (CPP)			—				810,974				806,856				802,760				798,685			NM				NM
Noncontrolling interest			295,165				295,165				295,165				295,165				295,165				*				*
Total equity			2,678,005				3,306,888				3,287,233				3,270,942				3,302,468				(19	)%			(19	)%
Total liabilities and equity			$24,698,952				$25,384,181				$26,254,226				$25,923,576				$26,068,678				(3	)%			(5	)%

NM — Not meaningful
*		Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)		Includes excess balances held at Fed.
(b)		4Q10 includes $14.9 million of foreclosed assets related to government insured mortgages.
(c)		4Q10 average core deposits were $14.8 billion.
(d)		As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption amendments to ASC 810.

CONSOLIDATED AVERAGE AND PERIOD-END LOANS Quarterly, Unaudited

																						4Q10 Change vs.
(Thousands)		4Q10				3Q10				2Q10				1Q10				4Q09				3Q10				4Q09
Average Loans (Net)
Commercial
Commercial, financial, and industrial (a)			$7,216,944				$7,012,131				$6,719,521				$6,733,461				$6,950,869				3	%			4	%
Real estate commercial (b)			1,355,292				1,392,171				1,420,466				1,457,865				1,515,861				(3	)%			(11	)%
Real estate construction (c)			436,046				545,271				692,041				857,426				1,066,399				(20	)%			(59	)%
Total commercial loans			9,008,282				8,949,573				8,832,028				9,048,752				9,533,129				1	%			(6	)%
Retail
Real estate residential (d)			6,686,487				6,859,139				7,049,549				7,259,916				7,469,502				(3	)%			(10	)%
Real estate construction (e)			23,286				41,196				74,232				166,806				287,856				(43	)%			(92	)%
Other retail			102,483				108,612				113,164				118,569				123,628				(6	)%			(17	)%
Credit card receivables			192,230				189,178				187,520				185,768				189,586				2	%			1	%
Restricted real estate loans (f)			779,793				818,149				853,568				890,376				663,497				(5	)%			18	%
Total retail loans			7,784,279				8,016,274				8,278,033				8,621,435				8,734,069				(3	)%			(11	)%
Total loans, net of unearned income			$16,792,561				$16,965,847				$17,110,061				$17,670,187				$18,267,198				(1	)%			(8	)%
Period-End Loans (Net)
Commercial
Commercial, financial, and industrial (a)			$7,336,036				$7,336,460				$7,014,080				$6,865,577				$7,159,370				*				2	%
Real estate commercial (b)			1,289,971				1,386,627				1,400,233				1,430,801				1,479,888				(7	)%			(13	)%
Real estate construction (c)			382,672				456,566				596,255				761,900				924,475				(16	)%			(59	)%
Total commercial loans			9,008,679				9,179,653				9,010,568				9,058,278				9,563,733				(2	)%			(6	)%
Retail
Real estate residential (d)			6,704,478				6,756,942				6,954,423				7,152,059				7,362,458				(1	)%			(9	)%
Real estate construction (e)			19,276				30,375				53,460				105,375				229,487				(37	)%			(92	)%
Other retail			100,211				104,772				112,616				114,429				121,526				(4	)%			(18	)%
Credit card receivables			192,437				191,218				189,153				183,656				192,036				1	%			*
Restricted real estate loans (f)			757,491				796,529				833,830				870,427				654,644				(5	)%			16	%
Total retail loans			7,773,893				7,879,836				8,143,482				8,425,946				8,560,151				(1	)%			(9	)%
Total loans, net of unearned income			$16,782,572				$17,059,489				$17,154,050				$17,484,224				$18,123,884				(2	)%			(7	)%