Loans | Loans The following table provides the balance of loans, net of unearned income, by portfolio segment as of September 30, 2017 and December 31, 2016 : September 30 December 31 (Dollars in thousands) 2017 2016 Commercial: Commercial, financial, and industrial $ 12,791,844 $ 12,148,087 Commercial real estate 2,251,015 2,135,523 Consumer: Consumer real estate (a) 4,369,717 4,523,752 Permanent mortgage 403,082 423,125 Credit card & other 350,433 359,033 Loans, net of unearned income $ 20,166,091 $ 19,589,520 Allowance for loan losses 194,867 202,068 Total net loans $ 19,971,224 $ 19,387,452 (a) Balances as of September 30, 2017 and December 31, 2016 , include $26.2 million and $35.9 million of restricted real estate loans, respectively. See Note 13—Variable Interest Entities for additional information. COMPONENTS OF THE LOAN PORTFOLIO The loan portfolio is disaggregated into segments and then further disaggregated into classes for certain disclosures. GAAP defines a portfolio segment as the level at which an entity develops and documents a systematic method for determining its allowance for credit losses. A class is generally determined based on the initial measurement attribute (i.e., amortized cost or purchased credit-impaired), risk characteristics of the loan, and FHN’s method for monitoring and assessing credit risk. Commercial loan portfolio segments include commercial, financial and industrial (“C&I”) and commercial real estate. Commercial classes within C&I include general C&I, loans to mortgage companies, the trust preferred loans (“TRUPS”) (i.e. long-term unsecured loans to bank and insurance-related businesses) portfolio and purchased credit-impaired (“PCI”) loans. Loans to mortgage companies include 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. Commercial classes within CRE include income CRE, residential CRE and PCI loans. Consumer loan portfolio segments include consumer real estate, permanent mortgage, and the credit card and other portfolio. Consumer classes include home equity lines of credit (“HELOCs”), real estate (“R/E”) installment and PCI loans within the consumer real estate segment, permanent mortgage (which is both a segment and a class), and credit card and other. Concentrations FHN has a concentration of residential real estate loans ( 24 percent of total loans), the majority of which is in the consumer real estate segment ( 22 percent of total loans). Loans to finance and insurance companies total $2.8 billion ( 22 percent of the C&I portfolio, or 14 percent of the total loans). FHN had loans to mortgage companies totaling $2.0 billion ( 15 percent of the C&I segment, or 10 percent of total loans) as of September 30, 2017 . As a result, 37 percent of the C&I segment is sensitive to impacts on the financial services industry. Purchased Credit-Impaired Loans The following table presents a rollforward of the accretable yield for the three and nine months ended September 30, 2017 and 2016 : Three Months Ended Nine months ended (Dollars in thousands) 2017 2016 2017 2016 Balance, beginning of period $ 4,045 $ 6,171 $ 6,871 $ 8,542 Addition — 2,883 — 2,883 Accretion (642 ) (837 ) (2,412 ) (2,984 ) Adjustment for payoffs (198 ) (179 ) (1,232 ) (4,408 ) Adjustment for charge-offs — — — (674 ) Adjustment for pool excess recovery (a) — — (222 ) — Increase/(decrease) in accretable yield (b) (2 ) 686 112 5,398 Other — — 86 (33 ) Balance, end of period $ 3,203 $ 8,724 $ 3,203 $ 8,724 (a) Represents the removal of accretable difference for the remaining loans in a pool which is now in a recovery state. (b) Includes changes in the accretable yield due to both transfers from the nonaccretable difference and the impact of changes in the expected timing of the cash flows. At September 30, 2017 , the ALLL related to PCI loans was $3.1 million compared to $.7 million at December 31, 2016 . A loan loss provision expense related to PCI loans of $2.6 million was recognized during the three months ended September 30, 2017 , as compared to $.3 million recognized during the three months ended September 30, 2016 . The loan loss provision expense related to PCI loans of $2.4 million was recognized during the nine months ended September 30, 2017 . The loan loss provision related to PCI loans was not material during the nine months ended September 30, 2016 . The following table reflects the outstanding principal balance and carrying amounts of the acquired PCI loans as of September 30, 2017 and December 31, 2016 : September 30, 2017 December 31, 2016 (Dollars in thousands) Carrying value Unpaid balance Carrying value Unpaid balance Commercial, financial and industrial $ 17,903 $ 21,239 $ 40,368 $ 41,608 Commercial real estate 3,842 4,933 4,763 6,514 Consumer real estate 940 1,259 1,172 1,677 Credit card and other — — 52 64 Total $ 22,685 $ 27,431 $ 46,355 $ 49,863 Impaired Loans The following tables provide information at September 30, 2017 and December 31, 2016 , by class related to individually impaired loans and consumer TDRs, regardless of accrual status. Recorded investment is defined as the amount of the investment in a loan, excluding any valuation allowance but including any direct write-down of the investment. For purposes of this disclosure, PCI loans and the TRUPs valuation allowance have been excluded. September 30, 2017 December 31, 2016 (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related Impaired loans with no related allowance recorded: Commercial: General C&I $ 2,055 $ 10,769 $ — $ 10,419 $ 16,636 $ — Income CRE — — — — — — Total $ 2,055 $ 10,769 $ — $ 10,419 $ 16,636 $ — Consumer: HELOC (a) $ 10,513 $ 20,372 $ — $ 11,383 $ 21,662 $ — R/E installment loans (a) 4,431 5,135 — 3,957 4,992 — Permanent mortgage (a) 5,481 7,604 — 5,311 7,899 — Total $ 20,425 $ 33,111 $ — $ 20,651 $ 34,553 $ — Impaired loans with related allowance recorded: Commercial: General C&I $ 26,876 $ 27,345 $ 5,970 $ 34,334 $ 34,470 $ 3,294 TRUPS 3,097 3,700 925 3,209 3,700 925 Income CRE 1,525 1,525 43 1,831 2,209 62 Residential CRE 795 1,263 83 1,293 1,761 132 Total $ 32,293 $ 33,833 $ 7,021 $ 40,667 $ 42,140 $ 4,413 Consumer: HELOC $ 74,009 $ 76,587 $ 14,174 $ 84,711 $ 87,126 $ 15,927 R/E installment loans 46,905 47,708 9,762 53,409 54,559 12,875 Permanent mortgage 78,600 90,003 12,601 88,615 100,983 12,470 Credit card & other 544 544 246 306 306 133 Total $ 200,058 $ 214,842 $ 36,783 $ 227,041 $ 242,974 $ 41,405 Total commercial $ 34,348 $ 44,602 $ 7,021 $ 51,086 $ 58,776 $ 4,413 Total consumer $ 220,483 $ 247,953 $ 36,783 $ 247,692 $ 277,527 $ 41,405 Total impaired loans $ 254,831 $ 292,555 $ 43,804 $ 298,778 $ 336,303 $ 45,818 (a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance. Three Months Ended September 30 Nine months ended September 30 2017 2016 2017 2016 (Dollars in thousands) Average Interest Average Interest Average Interest Average Interest Impaired loans with no related allowance recorded: Commercial: General C&I $ 5,771 $ — $ 13,708 $ — $ 8,706 $ — $ 12,088 $ — Income CRE — — 1,234 — — — 2,057 — Total $ 5,771 $ — $ 14,942 $ — $ 8,706 $ — $ 14,145 $ — Consumer: HELOC (a) $ 10,225 $ — $ 11,273 $ — $ 10,536 $ — $ 11,100 $ — R/E installment loans (a) 4,182 — 4,158 — 4,014 — 4,333 — Permanent mortgage (a) 5,693 — 4,280 — 5,701 — 4,292 — Total $ 20,100 $ — $ 19,711 $ — $ 20,251 $ — $ 19,725 $ — Impaired loans with related allowance recorded: Commercial: General C&I $ 26,144 $ 193 $ 33,433 $ 289 $ 29,136 $ 597 $ 29,896 $ 668 TRUPS 3,117 — 3,258 — 3,157 — 3,291 — Income CRE 1,628 11 3,211 15 1,737 39 4,376 55 Residential CRE 1,044 — 1,355 5 1,210 10 1,376 17 Total $ 31,933 $ 204 $ 41,257 $ 309 $ 35,240 $ 646 $ 38,939 $ 740 Consumer: HELOC $ 74,894 $ 554 $ 87,919 $ 546 $ 78,859 $ 1,695 $ 88,266 $ 1,527 R/E installment loans 47,628 315 57,775 357 49,634 950 58,890 1,019 Permanent mortgage 79,305 616 90,697 544 82,186 1,805 92,716 1,602 Credit card & other 452 3 348 4 351 8 353 10 Total $ 202,279 $ 1,488 $ 236,739 $ 1,451 $ 211,030 $ 4,458 $ 240,225 $ 4,158 Total commercial $ 37,704 $ 204 $ 56,199 $ 309 $ 43,946 $ 646 $ 53,084 $ 740 Total consumer $ 222,379 $ 1,488 $ 256,450 $ 1,451 $ 231,281 $ 4,458 $ 259,950 $ 4,158 Total impaired loans $ 260,083 $ 1,692 $ 312,649 $ 1,760 $ 275,227 $ 5,104 $ 313,034 $ 4,898 (a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance. Asset Quality Indicators FHN employs a dual grade commercial risk grading methodology to assign an estimate for the probability of default (“PD”) and the loss given default (“LGD”) for each commercial loan using factors specific to various industry, portfolio, or product segments that result in a rank ordering of risk and the assignment of grades PD 1 to PD 16 . This credit grading system is intended to identify and measure the credit quality of the loan portfolio by analyzing the migration of loans between grading categories. It is also integral to the estimation methodology utilized in determining the allowance for loan losses since an allowance is established for pools of commercial loans based on the credit grade assigned. Each PD grade corresponds to an estimated one-year default probability percentage; a PD 1 has the lowest expected default probability, and probabilities increase as grades progress down the scale. PD 1 through PD 12 are “pass” grades. PD grades 13 - 16 correspond to the regulatory-defined categories of special mention ( 13 ), substandard ( 14 ), doubtful ( 15 ), and loss ( 16 ). Pass loan grades are required to be reassessed annually or earlier whenever there has been a material change in the financial condition of the borrower or risk characteristics of the relationship. All commercial loans over $1 million and certain commercial loans over $500,000 that are graded 13 or worse are reassessed on a quarterly basis. Loan grading discipline is regularly reviewed internally by Credit Assurance Services to determine if the process continues to result in accurate loan grading across the portfolio. FHN may utilize availability of guarantors/sponsors to support lending decisions during the credit underwriting process and when determining the assignment of internal loan grades. LGD grades are assigned based on a scale of 1 - 12 and represent FHN’s expected recovery based on collateral type in the event a loan defaults. See Note 5 – Allowance for Loan Losses for further discussion on the credit grading system. The following tables provide the balances of commercial loan portfolio classes with associated allowance, disaggregated by PD grade as of September 30, 2017 and December 31, 2016 : September 30, 2017 (Dollars in thousands) General C&I Loans to Mortgage Companies TRUPS (a) Income CRE Residential CRE Total Percentage of Total Allowance for Loan Losses PD Grade: 1 $ 583,818 $ — $ — $ 1,832 $ — $ 585,650 4 % $ 81 2 905,992 — — 3,777 112 909,881 6 385 3 500,056 643,772 — 156,694 — 1,300,522 9 277 4 1,026,592 578,566 — 295,781 212 1,901,151 13 955 5 1,460,107 211,846 — 443,751 2,053 2,117,757 14 7,697 6 1,519,911 362,685 — 413,342 6,114 2,302,052 14 9,857 7 1,705,394 60,135 — 446,493 8,372 2,220,394 14 13,297 8 1,042,209 34,623 — 259,813 4,908 1,341,553 9 20,963 9 556,662 60,954 — 66,082 4,276 687,974 5 11,376 10 395,187 — — 31,570 6,558 433,315 3 8,502 11 217,190 13,548 — 24,878 4,819 260,435 2 6,730 12 185,929 — — 10,798 2,709 199,436 1 7,065 13 142,729 — 304,236 38,979 91 486,035 3 6,927 14,15,16 226,924 26 — 10,062 819 237,831 2 23,974 Collectively evaluated for impairment 10,468,700 1,966,155 304,236 2,203,852 41,043 14,983,986 99 118,086 Individually evaluated for impairment 28,931 — 3,097 1,525 795 34,348 1 7,021 Purchased credit-impaired loans 20,725 — — 3,792 8 24,525 — 2,781 Total commercial loans $ 10,518,356 $ 1,966,155 $ 307,333 $ 2,209,169 $ 41,846 $ 15,042,859 100 % $ 127,888 December 31, 2016 (Dollars in thousands) General C&I Loans to Mortgage Companies TRUPS (a) Income CRE Residential CRE Total Percentage of Total Allowance for Loan Losses PD Grade: 1 $ 465,179 $ — $ — $ 1,078 $ — $ 466,257 3 % $ 77 2 791,183 — — 11,742 87 803,012 6 403 3 491,386 462,486 — 153,670 — 1,107,542 8 304 4 978,282 332,107 — 222,422 — 1,532,811 11 953 5 1,232,401 275,209 — 365,653 702 1,873,965 13 6,670 6 1,540,519 614,109 — 338,344 9,338 2,502,310 17 10,403 7 1,556,117 317,283 — 352,390 2,579 2,228,369 16 14,010 8 963,359 30,974 — 425,503 2,950 1,422,786 10 25,986 9 611,774 4,299 — 105,277 4,417 725,767 5 13,857 10 355,359 8,663 — 50,484 9,110 423,616 3 8,400 11 238,230 — — 20,600 6,541 265,371 2 6,556 12 170,531 — — 15,395 4,168 190,094 1 6,377 13 121,276 — 304,236 6,748 311 432,571 3 4,225 14,15,16 194,572 59 — 16,313 1,659 212,603 1 20,297 Collectively evaluated for impairment 9,710,168 2,045,189 304,236 2,085,619 41,862 14,187,074 99 118,518 Individually evaluated for impairment 44,753 — 3,209 1,831 1,293 51,086 1 4,413 Purchased credit-impaired loans 40,532 — — 4,583 335 45,450 — 319 Total commercial loans $ 9,795,453 $ 2,045,189 $ 307,445 $ 2,092,033 $ 43,490 $ 14,283,610 100 % $ 123,250 (a) Balances as of September 30, 2017 and December 31, 2016 , presented net of a $25.5 million valuation allowance. Based on the underlying structure of the notes, the highest possible internal grade is “ 13 ”. The consumer portfolio is comprised primarily of smaller-balance loans which are very similar in nature in that most are standard products and are backed by residential real estate. Because of the similarities of consumer loan-types, FHN is able to utilize the Fair Isaac Corporation (“FICO”) score, among other attributes, to assess the credit quality of consumer borrowers. FICO scores are refreshed on a quarterly basis in an attempt to reflect the recent risk profile of the borrowers. Accruing delinquency amounts are indicators of asset quality within the credit card and other consumer portfolio. The following table reflects the percentage of balances outstanding by average, refreshed FICO scores for the HELOC, real estate installment, and permanent mortgage classes of loans as of September 30, 2017 and December 31, 2016 : September 30, 2017 December 31, 2016 HELOC R/E Installment Loans Permanent Mortgage HELOC R/E Installment Loans Permanent Mortgage FICO score 740 or greater 58.5 % 71.8 % 45.1 % 56.9 % 70.3 % 45.0 % FICO score 720-739 8.8 8.1 12.8 8.8 8.3 9.5 FICO score 700-719 8.2 6.6 11.0 8.6 6.8 9.2 FICO score 660-699 12.1 8.4 15.3 13.2 8.4 17.1 FICO score 620-659 5.6 2.7 7.0 5.6 3.5 9.1 FICO score less than 620 (a) 6.8 2.4 8.8 6.9 2.7 10.1 Total 100.0 % 100.0 % 100.0 % 100.0 % 100.0 % 100.0 % (a) For this group, a majority of the loan balances had FICO scores at the time of the origination that exceeded 620 but have since deteriorated as the loans have seasoned. Nonaccrual and Past Due Loans The following table reflects accruing and non-accruing loans by class on September 30, 2017 : Accruing Non-Accruing (Dollars in thousands) 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 Commercial (C&I): General C&I $ 10,462,376 $ 19,324 $ 129 $ 10,481,829 $ 5,260 $ 1,252 $ 9,290 $ 15,802 $ 10,497,631 Loans to mortgage companies 1,966,129 — — 1,966,129 — — 26 26 1,966,155 TRUPS (a) 304,236 — — 304,236 — — 3,097 3,097 307,333 Purchased credit-impaired loans 6,080 70 14,575 20,725 — — — — 20,725 Total commercial (C&I) 12,738,821 19,394 14,704 12,772,919 5,260 1,252 12,413 18,925 12,791,844 Commercial real estate: Income CRE 2,204,042 490 — 2,204,532 105 — 740 845 2,205,377 Residential CRE 41,043 — — 41,043 — — 795 795 41,838 Purchased credit-impaired loans 3,800 — — 3,800 — — — — 3,800 Total commercial real estate 2,248,885 490 — 2,249,375 105 — 1,535 1,640 2,251,015 Consumer real estate: HELOC 1,375,690 14,312 8,518 1,398,520 43,188 3,217 9,020 55,425 1,453,945 R/E installment loans 2,883,593 5,855 3,609 2,893,057 15,510 2,875 3,035 21,420 2,914,477 Purchased credit-impaired loans 1,198 — 97 1,295 — — — — 1,295 Total consumer real estate 4,260,481 20,167 12,224 4,292,872 58,698 6,092 12,055 76,845 4,369,717 Permanent mortgage 369,546 3,333 2,753 375,632 12,557 577 14,316 27,450 403,082 Credit card & other: Credit card 191,714 1,254 1,081 194,049 — — — — 194,049 Other 155,460 610 188 156,258 — — 126 126 156,384 Purchased credit-impaired loans — — — — — — — — — Total credit card & other 347,174 1,864 1,269 350,307 — — 126 126 350,433 Total loans, net of unearned income $ 19,964,907 $ 45,248 $ 30,950 $ 20,041,105 $ 76,620 $ 7,921 $ 40,445 $ 124,986 $ 20,166,091 (a) TRUPS is presented net of the valuation allowance of $25.5 million . The following table reflects accruing and non-accruing loans by class on December 31, 2016 : Accruing Non-Accruing (Dollars in thousands) 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 Commercial (C&I): General C&I $ 9,720,231 $ 5,199 $ 23 $ 9,725,453 $ 16,106 $ 374 $ 12,988 $ 29,468 $ 9,754,921 Loans to mortgage companies 2,041,408 3,722 — 2,045,130 — — 59 59 2,045,189 TRUPS (a) 304,236 — — 304,236 — — 3,209 3,209 307,445 Purchased credit-impaired loans 40,113 185 234 40,532 — — — — 40,532 Total commercial (C&I) 12,105,988 9,106 257 12,115,351 16,106 374 16,256 32,736 12,148,087 Commercial real estate: Income CRE 2,085,455 14 — 2,085,469 232 460 1,289 1,981 2,087,450 Residential CRE 42,182 178 — 42,360 — — 795 795 43,155 Purchased credit-impaired loans 4,809 109 — 4,918 — — — — 4,918 Total commercial real estate 2,132,446 301 — 2,132,747 232 460 2,084 2,776 2,135,523 Consumer real estate: HELOC 1,602,640 17,997 10,859 1,631,496 46,964 4,201 8,922 60,087 1,691,583 R/E installment loans 2,794,866 7,844 5,158 2,807,868 17,989 2,383 2,353 22,725 2,830,593 Purchased credit-impaired loans 1,319 164 93 1,576 — — — — 1,576 Total consumer real estate 4,398,825 26,005 16,110 4,440,940 64,953 6,584 11,275 82,812 4,523,752 Permanent mortgage 385,972 4,544 5,428 395,944 11,867 2,194 13,120 27,181 423,125 Credit card & other: Credit card 188,573 1,622 1,456 191,651 — — — — 191,651 Other 166,062 992 134 167,188 — — 142 142 167,330 Purchased credit-impaired loans 52 — — 52 — — — — 52 Total credit card & other 354,687 2,614 1,590 358,891 — — 142 142 359,033 Total loans, net of unearned income $ 19,377,918 $ 42,570 $ 23,385 $ 19,443,873 $ 93,158 $ 9,612 $ 42,877 $ 145,647 $ 19,589,520 (a) TRUPS is presented net of the valuation allowance of $25.5 million . Troubled Debt Restructurings As part of FHN’s ongoing risk management practices, FHN attempts to work with borrowers when necessary to extend or modify loan terms to better align with their current ability to repay. Extensions and modifications to loans are made in accordance with internal policies and guidelines which conform to regulatory guidance. Each occurrence is unique to the borrower and is evaluated separately. A modification is classified as a TDR if the borrower is experiencing financial difficulty and it is determined that FHN has granted a concession to the borrower. FHN may determine that a borrower is experiencing financial difficulty if the borrower is currently in default on any of its debt, or if it is probable that a borrower may default in the foreseeable future. Many aspects of a borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty. Concessions could include extension of the maturity date, reductions of the interest rate (which may make the rate lower than current market for a new loan with similar risk), reduction or forgiveness of accrued interest, or principal forgiveness. The assessments of whether a borrower is experiencing (or is likely to experience) financial difficulty, and whether a concession has been granted, are subjective in nature and management’s judgment is required when determining whether a modification is classified as a TDR. For all classes within the commercial portfolio segment, TDRs are typically modified through forbearance agreements (generally 6 to 12 months ). Forbearance agreements could include reduced interest rates, reduced payments, release of guarantor, or entering into short sale agreements. FHN’s proprietary modification programs for consumer loans are generally structured using parameters of U.S. government-sponsored programs such as the former Home Affordable Modification Program (“HAMP”). Within the HELOC and R/E installment loans classes of the consumer portfolio segment, TDRs are typically modified by reducing the interest rate (in increments of 25 basis points to a minimum of 1 percent for up to 5 years ) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years , the interest rate generally returns to the original interest rate prior to modification; for certain modifications, the modified interest rate increases 2 percent per year until the original interest rate prior to modification is achieved. Permanent mortgage TDRs are typically modified by reducing the interest rate (in increments of 25 basis points to a minimum of 2 percent for up to 5 years ) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years , the interest rate steps up 1 percent every year until it reaches the Federal Home Loan Mortgage Corporation Weekly Survey Rate cap. Contractual maturities may be extended to 40 years on permanent mortgages and to 30 years for consumer real estate loans. Within the credit card class of the consumer portfolio segment, TDRs are typically modified through either a short-term credit card hardship program or a longer-term credit card workout program. In the credit card hardship program, borrowers may be granted rate and payment reductions for 6 months to 1 year . In the credit card workout program, customers are granted a rate reduction to 0 percent and term extensions for up to 5 years to pay off the remaining balance. Despite the absence of a loan modification, the discharge of personal liability through bankruptcy proceedings is considered a concession. As a result, FHN classifies all non-reaffirmed residential real estate loans discharged in Chapter 7 bankruptcy as nonaccruing TDRs. On September 30, 2017 and December 31, 2016 , FHN had $241.6 million and $285.2 million of portfolio loans classified as TDRs, respectively. For TDRs in the loan portfolio, FHN had loan loss reserves of $38.6 million , or 16 percent as of September 30, 2017 , and $44.9 million , or 16 percent as of December 31, 2016 . Additionally, $63.2 million and $69.3 million of loans held-for-sale as of September 30, 2017 and December 31, 2016 , respectively, were classified as TDRs. The following tables reflect portfolio loans that were classified as TDRs during the three and nine months ended September 30, 2017 and 2016 : Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (Dollars in thousands) Number Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial (C&I): General C&I — $ — $ — 2 $ 842 $ 836 Total commercial (C&I) — — — 2 842 836 Consumer real estate: HELOC 45 4,451 4,396 107 9,333 9,139 R/E installment loans 15 1,630 1,622 43 3,386 3,306 Total consumer real estate 60 6,081 6,018 150 12,719 12,445 Permanent mortgage 2 34 32 11 2,043 2,028 Credit card & other 37 261 251 66 426 411 Total troubled debt restructurings 99 $ 6,376 $ 6,301 229 $ 16,030 $ 15,720 Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 (Dollars in thousands) Number Pre-Modification Post-Modification Number Pre-Modification Post-Modification Commercial (C&I): General C&I 2 $ 419 $ 419 7 $ 20,302 $ 19,194 Total commercial (C&I) 2 419 419 7 20,302 19,194 Commercial real estate: Income CRE 1 100 99 1 100 99 Total commercial real estate 1 100 99 1 100 99 Consumer real estate: HELOC 48 5,720 5,573 200 18,418 18,189 R/E installment loans 10 345 337 44 4,569 4,846 Total consumer real estate 58 6,065 5,910 244 22,987 23,035 Permanent mortgage 2 710 704 6 1,551 1,544 Credit card & other 10 45 44 15 66 64 Total troubled debt restructurings 73 $ 7,339 $ 7,176 273 $ 45,006 $ 43,936 The following tables present TDRs which re-defaulted during the three and nine months ended September 30, 2017 and 2016 , and as to which the modification occurred 12 months or less prior to the re-default. For purposes of this disclosure, FHN generally defines payment default as 30 or more days past due. Three Months Ended Nine Months Ended (Dollars in thousands) Number Recorded Investment Number Recorded Investment Commercial (C&I): General C&I 1 $ 1,763 4 $ 9,770 Total commercial (C&I) 1 1,763 4 9,770 Commercial real estate: Income CRE 1 88 1 88 Total commercial real estate 1 88 1 88 Consumer real estate: HELOC — — 4 685 Total consumer real estate — — 4 685 Permanent mortgage 1 89 2 627 Credit card & other 2 12 5 30 Total troubled debt restructurings 5 $ 1,952 16 $ 11,200 Three Months Ended Nine Months Ended (Dollars in thousands) Number Recorded Number Recorded Consumer real estate: HELOC — $ — 2 $ 138 R/E installment loans — — 1 180 Total consumer real estate — — 3 318 Total troubled debt restructurings — $ — 3 $ 318 |