First Horizon (FHN) 8-K Regulation FD Disclosure

Exhibit 99.1

SECOND QUARTER 2010

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		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 capital-related non-GAAP ratios are included in this financial supplement. 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 common assets, tangible book value per common share, tier 1 common to risk weighted assets, and adjusted tangible common equity to risk weighted assets. 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 these 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

3

PERFORMANCE HIGHLIGHTS

Summary of Second Quarter 2010 Significant Items
(Millions)

Segment	Item	Income Statement	Amount			Comments
Non-Strategic	Mortgage servicing rights positive net hedge results	Noninterest income: Mortgage banking	$	44.1		Primarily due to interest rate movements favorably affecting fair value of MSR hedges.
Non-Strategic	Legacy mortgage banking repurchase and foreclosure provision	Noninterest expense: Mortgage banking repurchase and foreclosure provision	$	(56.0	)	Provision related to legacy mortgage banking origination platform for repurchase obligations.

(Second Quarter 2010 vs. First Quarter 2010)

Asset Quality

- Allowance as a percentage of loans ratio decreased to 455 basis points from 483 basis points in prior quarter

- Reflects $62.8 million net reserve decrease in current quarter

- Benefited primarily by wind-down of non-strategic portfolios, performance stabilization in consumer portfolios, and C&I improvement

- Provision expense decreased to $70.0 million in second quarter compared to $105.0 million in first quarter

- Net charge-offs were 310 annualized basis points of average loans, an improvement from 413 basis points in prior quarter

- Net charge-offs were $132.8 million in second quarter compared to $182.4 million in prior quarter

- Prior quarter included a one-time increase in permanent mortgage NCO due to acceleration of loss recognition for certain loans in process of foreclosure

- Change in mix of individually impaired loans favorably affected net charge off trends

- Increase in individually impaired loans analyzed using discounted cash flow (typically hold reserves) versus collateral dependent (charged down to NRV)

- NPAs decreased 14 percent from prior quarter; NPA ratio decreased to 492 basis points from 563 basis points

- NPL decline is primarily the result of wind-down of the non-strategic construction loan portfolios

- Commercial Portfolio:

- Reserve decrease in C&I primarily due to aggregate improvement in the risk profile, bank-related and TRUPS remain stressed

- Further stress in Income CRE portfolio; reserves relatively flat

- Reduction of Residential CRE portfolio continues as balances decline 25% from prior quarter

- Commercial reserves negatively affected by increase in DCF individually impaired loans

-Consumer Portfolio:

- Reserves for each consumer loan portfolio declined

- Performance of the home equity portfolio stabilized consistent with a drop in delinquencies

- The permanent mortgage portfolio also stabilized as delinquencies improved

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

- Migration from OTC modifications significantly reduced

- All other consumer (including credit card and OTC) reserves decreased $14.3 million

- Continued success of winding down OTC portfolio as period end balances declined 50% from first quarter to $53.5 million

Capital

- Continued quarterly dividend payable in common stock

- Current ratios improved and continue to benefit from balance sheet contraction (estimated based on period end balances)

- 7.63% for tangible common equity to tangible assets

- 16.77% for Tier 1

- 21.31% for Total Capital

- 10.05% for Tier 1 Common

- CPP Preferred dividend of $14.9 million in second quarter

- $10.8 million effect of cash dividend

- $4.1 million of amortization to accrete initial discounted book value up to face value

Taxes

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

- Produced tax benefit for second quarter due to low level of pre-tax earnings

4

PERFORMANCE HIGHLIGHTS (continued)

(Second Quarter 2010 vs. First Quarter 2010)

Regional Banking

- Net interest margin improved to 5.10% from 4.96% in prior quarter

- Margin expansion due to improved loan pricing and reduction in the negative impact of nonaccruals

- Noninterest income increased to $79.3 million from $75.9 million in prior quarter

- Primarily driven by seasonal increase in NSF fees compared to first quarter

- Provision expense decreased to $28.0 million from $52.2 million

- Primarily due to decline in NPLs as a result of improved risk profile within the C&I book

- Noninterest expense decreased to $159.3 million from $161.7 million in prior quarter

- Decrease due to lower foreclosure expenses as rate of declines in property values stabilized in certain markets

Capital Markets

- Fixed income revenues were $91.8 million in second quarter compared to $105.3 million in prior quarter

- Fixed income average daily revenue (ADR) of $1.5 million in second quarter, down from $1.7 million in prior quarter

- Other product revenues were $9.1 million in second quarter compared to $9.3 million in prior quarter

- Noninterest expense decreased to $78.2 million from $84.1 million in the prior quarter

- Decrease in noninterest expense due to decline in variable personnel costs commensurate with lower revenue

Corporate

- Net interest income declined $4.4 million from first quarter

- Decline primarily due to lower yielding, smaller investment portfolio and also changing balance sheet mix

- Noninterest income decreased to $4.6 million from $25.1 million in the first quarter

- First quarter includes $17.1 million of gains related to the repurchase of debt

- Noninterest expense decreased $8.5 million to $11.7 million

- Second quarter includes reversal of $5.0 million of contingent liability for certain Visa legal matters

Non-Strategic

- Net interest income remained relatively flat at $38.2 million compared to $38.9 in the prior quarter

- Provision expense decreased $10.8 million to $42.0 million

- Primarily due to reduction of the construction portfolios as well as improvement in the consumer portfolio

- Noninterest income increased to $63.1 million from $34.6 million in prior quarter

- Positive net hedging results increased to $44.1 million compared to $10.9 million in the prior quarter

- Noninterest expense increased to $92.6 million in second quarter from $76.7 million in prior quarter

- Provisioning for repurchase and foreclosure losses related to legacy mortgage banking was $56.0 million in second quarter, $40.7 million in prior quarter

- Pipeline inflow was $205.8 million in the second quarter, increasing the ending pipeline to $411.1 million from $304.5 million at the end of prior quarter

- The pipeline represents active investor claims and MI rescissions under review

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

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

- Net after-tax results from discontinued operations were minimal in second quarter compared to a loss of $7.3 million in first quarter

- Prior quarter includes goodwill impairment, severance, and other related costs to exit the institutional equity research business

5

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

(Thousands, rounded)	2Q10			1Q10			4Q09			3Q09			2Q09
By Income Statement Impact
Noninterest income
Mortgage banking (a)	$	(1,500	)	$	—		$	600		$	—		$	—
Losses on divestitures		—			—			(9,200	)		—			—
Noninterest expense
Employee compensation, incentives, and benefits		(600	)		600			1,400			700			700
Legal and professional fees		—			100			600			—			—
Occupancy		(100	)		100			1,700			800			(600	)
Goodwill impairment		—			—			2,300			—			—
All other expense		(1,400	)		200			16,300			—			200
Total income/(loss) before income taxes		600			(1,000	)		(30,900	)		(1,500	)		(300	)
Income/(loss) from discontinued operations (b)		800			(10,100	)		(300	)		(14,200	)		—
Net charges resulting from restructuring, repositioning, and efficiency initiatives	$	1,400		$	(11,100	)	$	(31,200	)	$	(15,700	)	$	(300	)

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	2Q10 includes transaction costs related to sale of servicing assets.
(b)	1Q10 primarily includes goodwill impairment, severance, and other charges related to the exit of the institutional equity research business.

6

CONSOLIDATED SUMMARY RESULTS
Quarterly, Unaudited

																2Q10 Change vs.
(Dollars in thousands, except per share data)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Income Statement Highlights
Net interest income		$182,064			$180,395			$189,894			$190,901			$199,086			1	%		(9	)%
Noninterest income		247,968			250,169			247,095			303,753			284,513			(1	)%		(13	)%
Securities gains/(losses), net		75			(1,906	)		(911	)		65			(330	)		104	%		123	%
Total revenue		430,107			428,658			436,078			494,719			483,269			*			(11	)%
Noninterest expense		341,849			342,673			390,343			349,901			402,486			*			(15	)%
Provision for loan losses		70,000			105,000			135,000			185,000			260,000			(33	)%		(73	)%
Income/(loss) before income taxes		18,258			(19,015	)		(89,265	)		(40,182	)		(179,217	)		196	%		110	%
Benefit for income taxes		(1,826	)		(16,393	)		(38,111	)		(15,368	)		(74,043	)		89	%		98	%
Income/(loss) from continuing operations		20,084			(2,622	)		(51,154	)		(24,814	)		(105,174	)	NM				119	%
Income/(loss) from discontinued operations, net of tax		394			(7,271	)		(1,690	)		(10,200	)		(308	)		105	%	NM
Net income/(loss)		20,478			(9,893	)		(52,844	)		(35,014	)		(105,482	)	NM				119	%
Net income attributable to noncontrolling interest		2,844			2,844			2,839			2,969			2,844			*			*
Net income/(loss) attributable to controlling interest		17,634			(12,737	)		(55,683	)		(37,983	)		(108,326	)	NM				116	%
Preferred stock dividends (a)		14,938			14,918			14,897			14,876			14,856			*			*
Net income/(loss) available to common shareholders		$2,696			$(27,655	)		$(70,580	)		$(52,859	)		$(123,182	)		110	%		102	%
Common Stock Data
Diluted EPS from continuing operations (b)		$0.01			$(0.09	)		$(0.30	)		$(0.19	)		$(0.54	)		111	%		102	%
Diluted EPS (b)		0.01			(0.12	)		(0.31	)		(0.23	)		(0.54	)		109	%		102	%
Diluted shares (b)		232,830			226,543			226,532			226,532			226,476			3	%		3	%
Period-end shares outstanding (b)		228,833			228,587			228,117			228,062			228,037			*			*
Stock dividend rate declared per share		1.2896	%		1.4561	%		1.4971	%		1.5901	%		1.5782	%
Balance Sheet Highlights (Period End)
Total loans, net of unearned income (Restricted — $.8 billion)		$17,154,050			$17,484,224			$18,123,884			$18,524,685			$19,585,827			(2	)%		(12	)%
Total deposits (Restricted — $.9 million)		15,201,816			15,069,700			14,867,215			14,234,983			14,977,461			1	%		1	%
Total assets (Restricted — $.8 billion)		26,254,226			25,923,576			26,068,678			26,465,852			28,758,943			1	%		(9	)%
Total liabilities (Restricted — $.8 billion)		22,966,993			22,652,634			22,766,210			23,095,643			25,364,961			1	%		(9	)%
Total equity		3,287,233			3,270,942			3,302,468			3,370,209			3,393,982			*			(3	)%
Asset Quality Highlights
Allowance for loan losses (Restricted — $50.1 million)		$781,269			$844,060			$896,914			$944,765			$961,482			(7	)%		(19	)%
Allowance / period-end loans		4.55	%		4.83	%		4.95	%		5.10	%		4.91	%
Net charge-offs		$132,791			$182,432			$182,851			$201,718			$239,449			(27	)%		(45	)%
Net charge-offs (annualized) / average loans		3.10	%		4.13	%		4.00	%		4.24	%		4.77	%
Non-performing assets (NPA)		$899,802			$1,041,214			$1,051,393			$1,220,489			$1,233,078			(14	)%		(27	)%
NPA % (c)		4.92	%		5.63	%		5.56	%		6.38	%		6.15	%
Key Ratios & Other
Return on average assets (annualized)		0.32	%		(0.16	)%		(0.79	)%		(0.52	)%		(1.46	)%
Return on average common equity (annualized)		0.49	%		(5.10	)%		(12.25	)%		(9.02	)%		(20.96	)%
Net interest margin		3.19	%		3.19	%		3.19	%		3.14	%		3.05	%
Fee income to total revenue		58	%		58	%		57	%		61	%		59	%
Efficiency ratio		79.48	%		79.94	%		89.51	%		70.73	%		83.28	%
Book value per common share		$9.55			$9.51			$9.68			$10.00			$10.12
Tangible book value per common share (d)		$8.68			$8.63			$8.79			$9.04			$9.09
Adjusted tangible common equity to risk weighted assets (d)		9.19	%		9.09	%		9.06	%		9.06	%		8.71	%
FTE employees		5,531			5,503			5,731			5,837			5,971			*			(7	)%

NM — Not meaningful

*   Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	2Q10 includes $4.1 million amortization of initial discounted book value of CPP preferred.
(b)	Shares restated for stock dividends distributed through July 1, 2010.
(c)	NPAs related to the loan portfolio over period-end loans plus foreclosed real estate and other assets.
(d)	Refer to the Non-GAAP to GAAP Reconciliation on page 32 of this financial supplement.

7

CONSOLIDATED INCOME STATEMENT
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Interest income		$220,365			$219,496			$230,991			$236,360			$255,495			*			(14	)%
Less interest expense		38,301			39,101			41,097			45,459			56,409			(2	)%		(32	)%
Net interest income		182,064			180,395			189,894			190,901			199,086			1	%		(9	)%
Provision for loan losses		70,000			105,000			135,000			185,000			260,000			(33	)%		(73	)%
Net interest income/(loss) after provision for loan losses		112,064			75,395			54,894			5,901			(60,914	)		49	%		NM
Noninterest income:
Capital markets		100,876			114,571			117,966			129,043			179,384			(12	)%		(44	)%
Mortgage banking		63,301			34,884			45,007			59,211			15,483			81	%		NM
Deposit transactions and cash management		39,018			35,767			41,176			41,738			41,815			9	%		(7	)%
Trust services and investment management		7,839			7,270			7,664			7,347			7,651			8	%		2	%
Brokerage management fees and commissions		6,032			6,339			6,518			7,315			6,469			(5	)%		(7	)%
Insurance commissions		4,575			5,183			5,868			5,907			6,555			(12	)%		(30	)%
Securities gains/(losses), net		75			(1,906	)		(911	)		65			(330	)		104	%		123	%
Losses on divestitures		—			—			(9,183	)		—			—			*			*
Other		26,327			46,155			32,079			53,192			27,156			(43	)%		(3	)%
Total noninterest income		248,043			248,263			246,184			303,818			284,183			*			(13	)%
Adjusted gross income after provision for loan losses		360,107			323,658			301,078			309,719			223,269			11	%		61	%
Noninterest expense:
Employee compensation, incentives and benefits		164,915			180,181			163,280			178,734			193,392			(8	)%		(15	)%
Mortgage banking repurchase and foreclosure provision		55,996			40,675			59,344			25,751			29,099			38	%		92	%
Legal and professional fees		18,109			13,974			20,433			17,077			14,742			30	%		23	%
Occupancy		15,658			14,817			17,937			16,207			15,536			6	%		1	%
Operations services		15,322			14,608			15,046			15,392			16,708			5	%		(8	)%
Deposit insurance premium		9,196			8,493			8,495			8,796			21,353			8	%		(57	)%
Equipment rentals, depreciation, and maintenance		7,705			6,032			8,744			8,695			8,238			28	%		(6	)%
Computer software		7,376			7,166			6,655			6,871			6,474			3	%		14	%
Contract employment		7,274			6,174			9,134			7,956			8,966			18	%		(19	)%
Communications and courier		5,893			6,255			6,272			6,837			6,931			(6	)%		(15	)%
Foreclosed real estate		5,137			10,470			13,144			21,221			21,798			(51	)%		(76	)%
Miscellaneous loan costs		4,546			4,112			5,994			4,503			7,414			11	%		(39	)%
Amortization of intangible assets		1,382			1,380			1,427			1,445			1,509			*			(8	)%
Goodwill impairment		—			—			2,294			—			—			NM			NM
Other		23,340			28,336			52,144			30,416			50,326			(18	)%		(54	)%
Total noninterest expense		341,849			342,673			390,343			349,901			402,486			*			(15	)%
Income/(loss) before income taxes		18,258			(19,015	)		(89,265	)		(40,182	)		(179,217	)		196	%		110	%
Benefit for income taxes		(1,826	)		(16,393	)		(38,111	)		(15,368	)		(74,043	)		89	%		98	%
Income/(loss) from continuing operations		$20,084			$(2,622	)		$(51,154	)		$(24,814	)		$(105,174	)		NM			119	%
Income/(loss) from discontinued operations, net of tax		394			(7,271	)		(1,690	)		(10,200	)		(308	)		NM			NM
Net income/(loss)		$20,478			$(9,893	)		$(52,844	)		$(35,014	)		$(105,482	)		NM			119	%
Net income attributable to noncontrolling interest		2,844			2,844			2,839			2,969			2,844			*			*
Net income/(loss) attributable to controlling interest		$17,634			$(12,737	)		$(55,683	)		$(37,983	)		$(108,326	)		NM			116	%
Preferred stock dividends (a)		14,938			14,918			14,897			14,876			14,856			*			1	%
Net income/(loss) available to common shareholders		$2,696			$(27,655	)		$(70,580	)		$(52,859	)		$(123,182	)		110	%		102	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes $4.1 million amortization of initial discounted book value of CPP preferred.

8

OTHER INCOME AND OTHER EXPENSE
Quarterly, Unaudited

															2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09		2Q09			1Q10			2Q09
Other Income
Bank owned life insurance		$5,784			$6,469			$5,252			$6,066		$4,295			(11	)%		35	%
Bankcard income		5,271			4,548			5,016			5,173		5,076			16	%		4	%
ATM interchange fees		3,232			3,657			3,697			2,704		2,729			(12	)%		18	%
Other service charges		2,382			2,383			2,451			2,645		3,030			*			(21	)%
Electronic banking fees		1,887			1,725			1,428			1,465		1,518			9	%		24	%
Letter of credit fees		1,802			1,639			1,785			1,476		1,368			10	%		32	%
Gains/(losses) from loan sales and securitizations		928			612			(1,131	)		2,155		552			51	%		68	%
Reinsurance fees		587			863			1,786			1,760		2,788			(32	)%		(79	)%
Remittance processing		575			621			2,280			2,968		3,374			(7	)%		(83	)%
Gains on repurchase of debt		—			17,060			3,552			12,800		—			NM			NM
Consumer loan repurchases		(15	)		(12	)		(158	)		1,760		(11,982	)		NM			100	%
Deferred compensation		(762	)		1,030			466			5,006		4,957			(174	)%		(115	)%
Other		4,656			5,560			5,655			7,214		9,451			(16	)%		(51	)%
Total		$26,327			$46,155			$32,079			$53,192		$27,156			(43	)%		(3	)%
Other Expense
Advertising and public relations		$5,598			$5,279			$5,567			$5,465		$5,229			6	%		7	%
Low income housing expense		5,364			5,466			5,533			5,833		5,509			(2	)%		(3	)%
Other insurance and taxes		3,672			3,257			3,326			2,924		3,239			13	%		13	%
Travel and entertainment		2,686			2,449			2,383			2,139		2,691			10	%		*
Customer relations		1,838			1,967			1,961			1,610		1,960			(7	)%		(6	)%
Bank examination costs		1,142			1,142			1,194			1,194		1,248				*		(8	)%
Supplies		1,100			1,168			1,309			1,570		1,512			(6	)%		(27	)%
Employee training and dues		1,007			1,487			1,083			1,282		1,537			(32	)%		(34	)%
Federal services fees		712			907			1,044			1,307		1,360			(21	)%		(48	)%
Loan insurance expense (a)		682			(2,874	)		1,854			1,988		2,057			124	%		(67	)%
Other (b)		(461	)		8,088			26,890			5,104		23,984			(106	)%		(102	)%
Total		$23,340			$28,336			$52,144			$30,416		$50,326			(18	)%		(54	)%

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)	2Q10 includes $5.0 million reversal of the contingent liability for certain Visa legal matters.

9

CONSOLIDATED PERIOD-END BALANCE SHEET
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Assets
Investment securities		$2,489,819			$2,697,719			$2,694,468			$2,645,922			$2,821,079			(8	)%		(12	)%
Loans held for sale		505,237			505,794			452,501			502,687			481,284			*			5	%
Loans, net of unearned income (Restricted — $.8 billion)		17,154,050			17,484,224			18,123,884			18,524,685			19,585,827			(2	)%		(12	)%
Federal funds sold and securities purchased under agreements to resell		602,910			523,237			452,883			622,733			531,638			15	%		13	%
Interest bearing cash (a)		275,148			383,571			539,300			166,352			672,553			(28	)%		(59	)%
Trading securities (b)		1,806,789			964,800			699,900			701,151			1,117,212			87	%		62	%
Total earning assets		22,833,953			22,559,345			22,962,936			23,163,530			25,209,593			1	%		(9	)%
Cash and due from banks		364,857			279,730			465,712			328,150			419,696			30	%		(13	)%
Capital markets receivables		828,866			743,514			334,404			797,949			959,514			11	%		(14	)%
Mortgage servicing rights, net		201,746			264,959			302,611			289,282			337,096			(24	)%		(40	)%
Goodwill		162,180			162,180			165,528			178,381			192,408			*			(16	)%
Other intangible assets, net		35,645			37,027			38,256			40,498			41,937			(4	)%		(15	)%
Premises and equipment, net		307,452			308,714			313,824			321,788			325,666			*			(6	)%
Real estate acquired by foreclosure (c)		122,548			122,060			125,190			111,389			116,584			*			5	%
Allowance for loan losses (Restricted — $50.1 million)		(781,269	)		(844,060	)		(896,914	)		(944,765	)		(961,482	)		7	%		19	%
Other assets (Restricted — $24.7 million)		2,178,248			2,290,107			2,257,131			2,179,650			2,117,931			(5	)%		3	%
Total assets (Restricted — $.8 billion)		$26,254,226			$25,923,576			$26,068,678			$26,465,852			$28,758,943			1	%		(9	)%
Liabilities and Equity
Deposits
Savings		$5,385,698			$5,174,901			$4,847,709			$4,416,121			$4,593,215			4	%		17	%
Other interest-bearing deposits		3,237,183			3,256,040			3,169,474			2,162,059			2,110,787			(1	)%		53	%
Time deposits		1,545,475			1,642,820			1,895,992			2,156,768			2,149,812			(6	)%		(28	)%
Total interest-bearing core deposits		10,168,356			10,073,761			9,913,175			8,734,948			8,853,814			1	%		15	%
Noninterest-bearing deposits (Restricted — $.9 million)		4,409,505			4,461,050			4,394,096			4,236,704			4,689,639			(1	)%		(6	)%
Total core deposits (d)		14,577,861			14,534,811			14,307,271			12,971,652			13,543,453			*			8	%
Certificates of deposit $100,000 and more		623,955			534,889			559,944			1,263,331			1,434,008			17	%		(56	)%
Total deposits (Restricted — $.9 million)		15,201,816			15,069,700			14,867,215			14,234,983			14,977,461			1	%		1	%
Federal funds purchased and securities sold under agreements to repurchase		2,278,890			2,635,423			2,874,353			2,267,644			2,404,985			(14	)%		(5	)%
Trading liabilities		481,477			357,919			293,387			415,293			286,282			35	%		68	%
Other short-term borrowings and commercial paper		487,449			167,508			761,758			1,739,202			2,555,704			191	%		(81	)%
Term borrowings (Restricted — $.8 billion)		2,926,675			2,932,524			2,190,544			2,368,381			2,511,674			*			17	%
Other collateralized borrowings (e)		—			—			700,589			711,087			723,677			NM			NM
Total long-term debt		2,926,675			2,932,524			2,891,133			3,079,468			3,235,351			*			(10	)%
Capital markets payables		754,079			740,852			292,975			542,829			965,442			2	%		(22	)%
Other liabilities (Restricted — $.1 million)		836,607			748,708			785,389			816,224			939,736			12	%		(11	)%
Total liabilities (Restricted — $.8 billion)		22,966,993			22,652,634			22,766,210			23,095,643			25,364,961			1	%		(9	)%
Equity
Common stock		143,021			141,048			138,738			136,659			134,505			1	%		6	%
Capital surplus		1,296,484			1,251,776			1,208,649			1,170,916			1,128,286			4	%		15	%
Capital surplus common stock warrant — (CPP)		83,860			83,860			83,860			83,860			83,860			*			*
Undivided profits		767,769			809,624			891,580			1,005,244			1,100,462			(5	)%		(30	)%
Accumulated other comprehensive loss, net		(105,922	)		(113,291	)		(114,209	)		(116,265	)		(138,892	)		7	%		24	%
Preferred stock capital surplus — (CPP)		806,856			802,760			798,685			794,630			790,596			1	%		2	%
Noncontrolling interest		295,165			295,165			295,165			295,165			295,165			*			*
Total equity		3,287,233			3,270,942			3,302,468			3,370,209			3,393,982			*			(3	)%
Total liabilities and equity		$26,254,226			$25,923,576			$26,068,678			$26,465,852			$28,758,943			1	%		(9	)%

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)	2Q10 includes $621.6 million of trading loans expected to be sold during 3Q10.
(c)	2Q10 includes $13.3 million of foreclosed assets related to government insured mortgages.
(d)	2Q10 average core deposits were $14.7 billion.
(e)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption amendments to ASC 810.

10

CONSOLIDATED AVERAGE AND PERIOD-END LOANS
Quarterly, Unaudited

											2Q10 Change vs.
(Thousands)	2Q10		1Q10		4Q09		3Q09		2Q09		1Q10			2Q09
Average Loans (Net)
Commercial
Commercial, financial and industrial (a)		$6,719,521		$6,733,461		$6,950,869		$7,116,039		$7,506,773		*			(10	)%
Real estate commercial (b)		1,420,466		1,457,865		1,515,861		1,535,943		1,542,081		(3	)%		(8	)%
Real estate construction (c)		692,041		857,426		1,066,399		1,245,618		1,455,626		(19	)%		(52	)%
Total commercial loans		8,832,028		9,048,752		9,533,129		9,897,600		10,504,480		(2	)%		(16	)%
Retail
Real estate residential (d)		7,049,548		7,259,916		7,469,502		7,674,360		7,907,748		(3	)%		(11	)%
Real estate construction (e)		74,232		166,806		287,856		460,742		672,011		(55	)%		(89	)%
Other retail		113,164		118,569		123,628		127,483		131,271		(5	)%		(14	)%
Credit card receivables		187,520		185,768		189,586		186,765		184,159		1	%		2	%
Restricted real estate loans (f)		853,568		890,376		663,497		676,339		693,643		(4	)%		23	%
Total retail loans		8,278,032		8,621,435		8,734,069		9,125,689		9,588,832		(4	)%		(14	)%
Total loans, net of unearned income		$17,110,060		$17,670,187		$18,267,198		$19,023,289		$20,093,312		(3	)%		(15	)%
Period-End Loans (Net)
Commercial
Commercial, financial and industrial (a)		$7,014,080		$6,865,577		$7,159,370		$6,920,916		$7,400,396		2	%		(5	)%
Real estate commercial (b)		1,400,233		1,430,801		1,479,888		1,537,099		1,506,911		(2	)%		(7	)%
Real estate construction (c)		596,255		761,900		924,475		1,130,710		1,337,330		(22	)%		(55	)%
Total commercial loans		9,010,568		9,058,278		9,563,733		9,588,725		10,244,637		(1	)%		(12	)%
Retail
Real estate residential (d)		6,954,423		7,152,059		7,362,458		7,590,699		7,785,906		(3	)%		(11	)%
Real estate construction (e)		53,460		105,375		229,487		361,930		557,822		(49	)%		(90	)%
Other retail		112,616		114,429		121,526		124,376		129,848		(2	)%		(13	)%
Credit card receivables		189,153		183,656		192,036		189,452		186,376		3	%		1	%
Restricted real estate loans (f)		833,830		870,427		654,644		669,503		681,238		(4	)%		22	%
Total retail loans		8,143,482		8,425,946		8,560,151		8,935,960		9,341,190		(3	)%		(13	)%
Total loans, net of unearned income		$17,154,050		$17,484,224		$18,123,884		$18,524,685		$19,585,827		(2	)%		(12	)%

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	Includes loans to bank holding companies and trust preferred loans.
(b)	Includes nonconstruction income property loans.
(c)	Includes home builder, condominium, and income property construction loans.
(d)	Includes home equity loans, home equity lines of credit, and permanent mortgages.
(e)	Includes one-time close product.
(f)	Prior to 1Q10, includes on balance sheet securitizations of home equity loans. Beginning 1Q10, also includes loans consolidated due to the adoption of amendments to ASC 810.

11

CONSOLIDATED AVERAGE BALANCE SHEET
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Assets:
Earning assets:
Loans, net of unearned income (Restricted — $.9 billion) (a)		$17,110,061			$17,670,187			$18,267,198			$19,023,289			$20,093,312			(3	)%		(15	)%
Loans held for sale		493,225			490,626			469,803			470,583			622,799			1	%		(21	)%
Investment securities:
U.S. Treasuries		77,488			74,501			54,836			48,382			48,676			4	%		59	%
U.S. government agencies		2,223,153			2,282,005			2,253,498			2,330,247			2,522,800			(3	)%		(12	)%
States and municipalities		42,076			43,194			44,499			46,105			53,965			(3	)%		(22	)%
Other		265,918			283,476			299,273			313,632			308,690			(6	)%		(14	)%
Total investment securities		2,608,635			2,683,176			2,652,106			2,738,366			2,934,131			(3	)%		(11	)%
Capital markets securities inventory		1,085,816			880,448			959,678			857,382			965,581			23	%		12	%
Mortgage banking trading securities		50,423			57,105			93,354			123,698			139,584			(12	)%		(64	)%
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		624,892			620,832			681,501			561,920			652,978			1	%		(4	)%
Interest bearing cash (b)		982,410			481,259			618,011			418,549			766,842			104	%		28	%
Total other earning assets		1,607,302			1,102,091			1,299,512			980,469			1,419,820			46	%		13	%
Total earning assets		22,955,462			22,883,633			23,741,651			24,193,787			26,175,227			*			(12	)%
Allowance for loan losses (Restricted — $54.9 million)		(821,652	)		(906,970	)		(937,967	)		(985,785	)		(1,008,254	)		9	%		19	%
Cash and due from banks (Restricted — $2.3 million)		367,796			415,990			400,763			418,382			446,322			(12	)%		(18	)%
Capital markets receivables		127,331			125,459			127,458			170,915			245,646			1	%		(48	)%
Premises and equipment, net		307,078			311,822			318,237			324,162			326,482			(2	)%		(6	)%
Other assets (Restricted — $24.6 million)		2,664,563			2,729,474			2,755,425			2,726,368			2,744,120			(2	)%		(3	)%
Total assets (Restricted — $.8 billion)		$25,600,578			$25,559,408			$26,405,567			$26,847,829			$28,929,543			*			(12	)%
Liabilities and equity:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		$3,277,859			$3,105,164			$2,407,544			$2,073,658			$1,842,780			6	%		78	%
Savings		5,424,462			4,881,791			4,559,086			4,583,064			4,259,822			11	%		27	%
Time deposits		1,591,048			1,853,591			2,153,346			2,157,904			2,125,493			(14	)%		(25	)%
Total interest-bearing core deposits		10,293,369			9,840,546			9,119,976			8,814,626			8,228,095			5	%		25	%
Certificates of deposit $100,000 and more		603,952			532,532			1,068,807			1,384,475			1,520,681			13	%		(60	)%
Federal funds purchased and securities sold under agreements to repurchase		2,521,758			2,800,856			2,679,348			2,484,470			2,510,423			(10	)%		*
Capital markets trading liabilities		565,709			589,886			598,772			478,103			492,706			(4	)%		15	%
Other short-term borrowings and commercial paper		167,966			337,966			1,235,576			1,842,458			3,403,174			(50	)%		(95	)%
Long-term debt:
Term borrowings (Restricted — $.8 billion)		2,921,627			2,969,859			2,274,954			2,386,129			2,952,438			(2	)%		(1	)%
Other collateralized borrowings (c)		—			—			707,245			716,843			731,324			NM			NM
Total long-term debt		2,921,627			2,969,859			2,982,199			3,102,972			3,683,762			(2	)%		(21	)%
Total interest-bearing liabilities		17,074,381			17,071,645			17,684,678			18,107,104			19,838,841			*			(14	)%
Noninterest-bearing deposits (Restricted — $1.8 million)		4,394,187			4,375,034			4,489,902			4,444,556			4,616,789			*			(5	)%
Capital markets payables		99,782			90,015			89,015			98,099			175,848			11	%		(43	)%
Other liabilities		736,822			727,433			764,170			785,674			856,678			1	%		(14	)%
Equity		3,295,406			3,295,281			3,377,802			3,412,396			3,441,387			*			(4	)%
Total liabilities and equity		$25,600,578			$25,559,408			$26,405,567			$26,847,829			$28,929,543			*			(12	)%

NM — Not meaningful
*	Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	Includes loans on nonaccrual status.
(b)	Includes excess balances held at Fed.
(c)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

12

CONSOLIDATED AVERAGE BALANCE SHEET: INCOME AND EXPENSE
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Assets:
Earning assets:
Loans, net of unearned income (a)		$173,900			$173,663			$181,672			$185,045			$197,779			*			(12	)%
Loans held for sale		5,565			4,968			5,682			5,820			6,577			12	%		(15	)%
Investment securities:
U.S. Treasuries		93			168			240			238			229			(44	)%		(59	)%
U.S. government agencies		26,524			28,470			28,996			30,553			33,567			(7	)%		(21	)%
States and municipalities		114			123			174			154			390			(7	)%		(71	)%
Other		2,395			2,430			2,436			2,603			2,363			(1	)%		1	%
Total investment securities		29,126			31,191			31,846			33,548			36,549			(7	)%		(20	)%
Capital markets securities inventory		10,475			8,258			9,172			7,972			9,588			27	%		9	%
Mortgage banking trading securities		1,041			1,535			2,571			3,852			4,525			(32	)%		(77	)%
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		186			57			92			119			242		NM				(23	)%
Interest bearing cash		599			260			351			236			461			130	%		30	%
Total other earning assets		785			317			443			355			703			148	%		12	%
Total earning assets/interest income		$220,892			$219,932			$231,386			$236,592			$255,721			*			(14	)%
Liabilities:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		$2,654			$2,518			$1,732			$1,316			$896			5	%		196	%
Savings		8,095			7,418			7,065			7,553			8,864			9	%		(9	)%
Time deposits		9,895			10,593			12,363			13,980			16,270			(7	)%		(39	)%
Total interest-bearing core deposits		20,644			20,529			21,160			22,849			26,030			1	%		(21	)%
Certificates of deposit $100,000 and more		3,414			3,375			4,473			5,809			7,967			1	%		(57	)%
Federal funds purchased and securities sold under agreements to repurchase		1,482			1,584			1,493			1,287			1,295			(6	)%		14	%
Capital markets trading liabilities		5,043			5,415			5,445			4,691			5,265			(7	)%		(4	)%
Other short-term borrowings and commercial paper		265			338			1,016			1,362			2,241			(22	)%		(88	)%
Long-term debt:
Term borrowings		7,454			7,860			6,554			8,396			12,235			(5	)%		(39	)%
Other collateralized borrowings (b)		—			—			957			1,065			1,377		NM			NM
Total long-term debt		7,454			7,860			7,511			9,461			13,612			(5	)%		(45	)%
Total interest-bearing liabilities/interest expense		$38,302			$39,101			$41,098			$45,459			$56,410			(2	)%		(32	)%
Net interest income-tax equivalent basis		$182,590			$180,831			$190,288			$191,133			$199,311			1	%		(8	)%
Fully taxable equivalent adjustment		(526	)		(436	)		(394	)		(232	)		(225	)		(21	)%		(134	)%
Net interest income		$182,064			$180,395			$189,894			$190,901			$199,086			1	%		(9	)%

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

Income amounts are adjusted to a fully taxable equivalent. Earning assets income is expressed net of unearned income.

(a)	Includes loans on nonaccrual status.
(b)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

13

CONSOLIDATED AVERAGE BALANCE SHEET: YIELDS AND RATES
Quarterly, Unaudited

(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09
Assets:
Earning assets:
Loans, net of unearned income (a)		4.08	%		3.98	%		3.95	%		3.86	%		3.95	%
Loans held for sale		4.51			4.05			4.84			4.95			4.22
Investment securities:
U.S. Treasuries		0.48			0.91			1.74			1.95			1.89
U.S. government agencies		4.77			4.99			5.15			5.24			5.32
States and municipalities		1.08			1.14			1.57			1.34			2.89
Other		3.60			3.43			3.26			3.32			3.06
Total investment securities		4.47			4.65			4.80			4.90			4.98
Capital markets securities inventory		3.86			3.75			3.82			3.72			3.97
Mortgage banking trading securities		8.26			10.75			11.02			12.46			12.97
Other earning assets:
Federal funds sold and securities purchased under agreements to resell		0.12			0.04			0.05			0.08			0.15
Interest bearing cash		0.24			0.22			0.22			0.22			0.24
Total other earning assets		0.20			0.12			0.14			0.14			0.20
Total earning assets / interest income		3.86	%		3.88	%		3.88	%		3.89	%		3.91	%
Liabilities:
Interest-bearing liabilities:
Interest-bearing deposits:
Other interest-bearing deposits		0.32	%		0.33	%		0.29	%		0.25	%		0.20	%
Savings		0.60			0.62			0.61			0.65			0.83
Time deposits		2.49			2.32			2.28			2.57			3.07
Total interest-bearing core deposits		0.80			0.85			0.92			1.03			1.27
Certificates of deposit $100,000 and more		2.27			2.57			1.66			1.66			2.10
Federal funds purchased and securities sold under agreements to repurchase		0.24			0.23			0.22			0.21			0.21
Capital markets trading liabilities		3.58			3.72			3.61			3.89			4.29
Other short-term borrowings and commercial paper		0.63			0.41			0.33			0.29			0.26
Long-term debt:
Term borrowings		1.02			1.06			1.15			1.41			1.66
Other collateralized borrowings (b)		—			—			0.54			0.59			0.75
Total long-term debt		1.02			1.06			1.01			1.22			1.48
Total interest-bearing liabilities / interest expense		0.90	%		0.93	%		0.92	%		1.00	%		1.14	%
Net interest spread		2.96	%		2.95	%		2.96	%		2.89	%		2.77	%
Effect of interest-free sources used to fund earning assets		0.23			0.24			0.23			0.25			0.28
Net interest margin		3.19	%		3.19	%		3.19	%		3.14	%		3.05	%

Certain previously reported amounts have been reclassified to agree with current presentation.

Yields are adjusted to a fully taxable equivalent.

Earning assets yields are expressed net of unearned income.

Rates are expressed net of unamortized debenture cost for long-term debt.

Net interest margin is computed using total net interest income.

(a)	Includes loans on nonaccrual status.
(b)	As of January 1, 2010, balances included in restricted term borrowings in conjunction with adoption of amendments to ASC 810.

14

MORTGAGE SERVICING RIGHTS
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
First Liens
Fair value beginning balance		$261,083			$296,115			$281,045			$318,937			$361,343			(12	)%		(28	)%
Adjustment due to adoption of amendments to ASC 810		—			(197	)		—			—			—
Reductions due to loan payments		(7,238	)		(8,793	)		(10,198	)		(12,265	)		(18,513	)
Reductions due to sale		(24,558	)		—			—			—			(77,591	)
Reclassification from trading securities		—			—			—			11,077			—
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		(31,398	)		(26,968	)		25,323			(36,724	)		52,590
Other changes in fair value		64			926			(55	)		20			1,108
Fair value ending balance		$197,953			$261,083			$296,115			$281,045			$318,937			(24	)%		(38	)%
Second Liens
Fair value beginning balance		$242			$1,174			$1,850			$10,007			$11,029			(79	)%		(98	)%
Adjustment due to adoption of amendments to ASC 810		—			(928	)		—			—			—
Reductions due to loan payments		—			(7	)		(676	)		(441	)		(1,136	)
Reductions due to sale		—			—			—			(8,134	)		—
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		(9	)		3			—			—			6
Other changes in fair value		9			—			—			418			108
Fair value ending balance		$242			$242			$1,174			$1,850			$10,007			*			(98	)%
HELOC
Fair value beginning balance		$3,634			$5,322			$6,387			$8,152			$8,652			(32	)%		(58	)%
Adjustment due to adoption of amendments to ASC 810		—			(1,168	)		—			—			—
Reductions due to loan payments		—			(521	)		(1,113	)		(510	)		(776	)
Reductions due to sale		—			—			—			(1,548	)		—
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		(90	)		—			—			—			—
Other changes in fair value		7			1			48			293			276
Fair value ending balance		$3,551			$3,634			$5,322			$6,387			$8,152			(2	)%		(56	)%
Total Consolidated
Fair value beginning balance		$264,959			$302,611			$289,282			$337,096			$381,024			(12	)%		(30	)%
Adjustment due to adoption of amendments to ASC 810		—			(2,293	)		—			—			—
Reductions due to loan payments		(7,238	)		(9,321	)		(11,987	)		(13,216	)		(20,425	)
Reductions due to sale		(24,558	)		—			—			(9,682	)		(77,591	)
Reclassification from trading securities		—			—			—			11,077			—
Changes in fair value due to:
Changes in valuation model inputs or assumptions (a)		(31,497	)		(26,965	)		25,323			(36,724	)		52,596
Other changes in fair value		80			927			(7	)		731			1,492
Fair value ending balance		$201,746			$264,959			$302,611			$289,282			$337,096			(24	)%		(40	)%

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a) Principally reflects changes in discount rates and prepayment speed assumptions, mostly due to changes in interest rates.

15

BUSINESS SEGMENT HIGHLIGHTS
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Regional Banking
Total revenues (a)		$216,790			$209,068			$221,970			$220,535			$228,622			4	%		(5	)%
Provision for loan losses		28,015			52,166			46,524			96,449			56,201			(46	)%		(50	)%
Noninterest expenses		159,337			161,703			157,575			172,298			177,870			(1	)%		(10	)%
Income/(loss) before income taxes		29,438			(4,801	)		17,871			(48,212	)		(5,449	)	NM			NM
Provision/(benefit) for income taxes		10,664			(2,129	)		6,471			(18,300	)		(2,142	)	NM			NM
Net income/(loss)		$18,774			$(2,672	)		$11,400			$(29,912	)		$(3,307	)	NM			NM
Capital Markets
Total revenues (a)		$105,753			$116,926			$121,320			$132,115			$183,615			(10	)%		(42	)%
Noninterest expenses		78,208			84,126			75,119			80,421			95,359			(7	)%		(18	)%
Income before income taxes		27,545			32,800			46,201			51,694			88,256			(16	)%		(69	)%
Provision for income taxes		10,314			12,279			17,326			19,434			33,210			(16	)%		(69	)%
Net income		$17,231			$20,521			$28,875			$32,260			$55,046			(16	)%		(69	)%
Corporate
Total revenues (a)		$6,234			$30,908			$17,456			$33,163			$17,582			(80	)%		(65	)%
Noninterest expenses		11,715			20,190			32,802			17,790			26,405			(42	)%		(56	)%
Income/(loss) before income taxes		(5,481	)		10,718			(15,346	)		15,373			(8,823	)		(151	)%		38	%
Provision/(benefit) for income taxes		(10,278	)		(4,789	)		(9,913	)		5,743			(9,705	)		(115	)%		(6	)%
Net income/(loss)		$4,797			$15,507			$(5,433	)		$9,630			$882			(69	)%	NM
Non-Strategic
Total revenues (a)		$101,330			$71,756			$75,332			$108,906			$53,450			41	%		90	%
Provision for loan losses		41,985			52,834			88,476			88,551			203,799			(21	)%		(79	)%
Noninterest expenses		92,589			76,654			124,847			79,392			102,852			21	%		(10	)%
Loss before income taxes		(33,244	)		(57,732	)		(137,991	)		(59,037	)		(253,201	)		42	%		87	%
Benefit for income taxes		(12,526	)		(21,754	)		(51,995	)		(22,245	)		(95,406	)		42	%		87	%
Net loss from continuing operations		(20,718	)		(35,978	)		(85,996	)		(36,792	)		(157,795	)		42	%		87	%
Income/(loss) from discontinued operations, net of tax		394			(7,271	)		(1,690	)		(10,200	)		(308	)		105	%	NM
Net loss		$(20,324	)		$(43,249	)		$(87,686	)		$(46,992	)		$(158,103	)		53	%		87	%
Total Consolidated
Total revenues (a)		$430,107			$428,658			$436,078			$494,719			$483,269			*			(11	)%
Provision for loan losses		70,000			105,000			135,000			185,000			260,000			(33	)%		(73	)%
Noninterest expenses		341,849			342,673			390,343			349,901			402,486			*			(15	)%
Income/(loss) before income taxes		18,258			(19,015	)		(89,265	)		(40,182	)		(179,217	)	NM				110	%
Benefit for income taxes		(1,826	)		(16,393	)		(38,111	)		(15,368	)		(74,043	)		89	%		98	%
Net Income/(loss) from continuing operations		20,084			(2,622	)		(51,154	)		(24,814	)		(105,174	)	NM				119	%
Income/(loss) from discontinued operations, net of tax		394			(7,271	)		(1,690	)		(10,200	)		(308	)		105	%	NM
Net Income/(loss)		$20,478			$(9,893	)		$(52,844	)		$(35,014	)		$(105,482	)	NM				119	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes noninterest income and net interest income.

16

REGIONAL BANKING
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Income Statement
Net interest income		$137,484			$133,158			$140,078			$137,419			$141,634			3	%		(3	)%
Noninterest income		79,306			75,910			81,892			83,116			86,988			4	%		(9	)%
Total revenues		216,790			209,068			221,970			220,535			228,622			4	%		(5	)%
Noninterest expense		159,337			161,703			157,575			172,298			177,870			(1	)%		(10	)%
Provision for loan losses		28,015			52,166			46,524			96,449			56,201			(46	)%		(50	)%
Income/(loss) before income taxes		$29,438			$(4,801	)		$17,871			$(48,212	)		$(5,449	)	NM			NM
Efficiency ratio		73.50	%		77.34	%		70.99	%		78.13	%		77.80	%
Balance Sheet (millions)
Average loans		$10,608			$10,724			$11,064			$11,319			$11,818			(1	)%		(10	)%
Average other earning assets		204			174			156			161			287			17	%		(29	)%
Total average earning assets		10,812			10,898			11,220			11,480			12,105			(1	)%		(11	)%
Average core deposits		12,530			12,163			11,290			10,808			10,635			3	%		18	%
Average other deposits		591			520			642			876			1,011			14	%		(42	)%
Total average deposits		13,121			12,683			11,932			11,684			11,646			3	%		13	%
Total period end deposits		13,047			12,888			12,554			11,553			11,783			1	%		11	%
Total period end assets		$11,675			$11,381			$11,915			$11,693			$12,317			3	%		(5	)%
Net interest margin		5.10	%		4.96	%		4.95	%		4.75	%		4.69	%
Loan yield		4.05			4.02			3.97			3.95			3.99
Deposit average yield		0.69			0.73			0.80			0.90			1.07
Noninterest Income Detail (thousands)
NSF / overdraft fees		$17,825			$15,194			$20,652			$21,453			$20,376			17	%		(13	)%
Cash management fees		9,945			10,160			10,226			9,975			10,842			(2	)%		(8	)%
Debit card income		6,788			6,423			6,317			6,200			6,273			6	%		8	%
Other		4,214			3,761			3,516			3,644			3,802			12	%		11	%
Total deposit transactions and cash management		38,772			35,538			40,711			41,272			41,293			9	%		(6	)%
Insurance commissions		4,892			5,132			4,726			5,020			5,406			(5	)%		(10	)%
Trust services and investment management		7,862			7,290			7,685			7,368			7,672			8	%		2	%
Bankcard income		4,813			4,079			4,460			4,487			4,356			18	%		10	%
Mortgage banking		3,645			3,508			4,204			4,819			8,722			4	%		(58	)%
Other service charges		3,171			3,381			3,345			3,813			4,298			(6	)%		(26	)%
Miscellaneous revenue		16,151			16,982			16,761			16,337			15,241			(5	)%		6	%
Total noninterest income		$79,306			$75,910			$81,892			$83,116			$86,988			4	%		(9	)%
Key Statistics
Locations
Financial centers		182			182			183			183			200			*			(9	)%
Full service		167			167			168			168			168			*			(1	)%
Teller-only		15			15			15			15			32			*			(53	)%
Trust assets
Total assets (millions)		$9,315			$9,359			$9,574			$9,705			$9,017			*			3	%
Total managed assets (millions)		4,920			4,580			4,728			4,736			4,508			7	%		9	%
Mortgage production
First lien production (millions)		$176			$185			$192			$234			$445			(5	)%		(60	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.

17

CAPITAL MARKETS
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Income Statement
Net interest income		$4,778			$2,320			$3,333			$3,009			$4,091			106	%		17	%
Noninterest income:
Fixed income		91,849			105,270			110,985			120,528			170,106			(13	)%		(46	)%
Other		9,126			9,336			7,002			8,578			9,418			(2	)%		(3	)%
Total noninterest income		100,975			114,606			117,987			129,106			179,524			(12	)%		(44	)%
Total revenues		105,753			116,926			121,320			132,115			183,615			(10	)%		(42	)%
Noninterest expense		78,208			84,126			75,119			80,421			95,359			(7	)%		(18	)%
Income before income taxes		$27,545			$32,800			$46,201			$51,694			$88,256			(16	)%		(69	)%
Efficiency ratio		73.95	%		71.95	%		61.92	%		60.87	%		51.93	%
Fixed income average daily revenue		$1,458			$1,726			$1,790			$1,883			$2,700			(16	)%		(46	)%
Balance Sheet (millions)
Average trading inventory		$1,086			$880			$960			$857			$964			23	%		13	%
Average other earning assets		607			626			668			541			616			(3	)%		(1	)%
Average total earning assets		1,693			1,506			1,628			1,398			1,580			12	%		7	%
Total period end assets (a)		3,419			2,399			1,672			2,269			2,719			43	%		26	%
Net interest margin		1.13	%		0.62	%		0.81	%		0.85	%		1.04	%

Certain previously reported amounts have been reclassified to agree with current presentation.

(a) 2Q10 includes $621.6 million of trading loans expected to be sold during 3Q10.

18

CORPORATE
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Income Statement
Net interest income		$1,626			$6,019			$7,696			$8,494			$6,158			(73	)%		(74	)%
Noninterest income		4,609			25,077			9,820			24,669			11,536			(82	)%		(60	)%
Securities losses, net		(1	)		(188	)		(60	)		—			(112	)		99	%		99	%
Total revenues		6,234			30,908			17,456			33,163			17,582			(80	)%		(65	)%
Noninterest expense		11,715			20,190			32,802			17,790			26,405			(42	)%		(56	)%
Income/(loss) before income taxes		$(5,481	)		$10,718			$(15,346	)		$15,373			$(8,823	)		(151	)%		38	%
Average Balance Sheet (millions)
Total earning assets		$3,502			$3,042			$3,150			$3,000			$3,565			15	%		(2	)%
Net interest margin		0.19	%		0.80	%		0.97	%		1.12	%		0.69	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.

19

NON-STRATEGIC
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Income Statement
Net interest income		$38,176			$38,898			$38,786			$41,979			$47,203			(2	)%		(19	)%
Noninterest income		63,079			34,576			37,397			66,862			6,465			82	%	NM
Securities gains/(losses), net		75			(1,718	)		(851	)		65			(218	)		104	%		134	%
Total revenues		101,330			71,756			75,332			108,906			53,450			41	%		90	%
Noninterest expense		92,589			76,654			124,847			79,392			102,852			21	%		(10	)%
Provision for loan losses		41,985			52,834			88,476			88,551			203,799			(21	)%		(79	)%
Loss before income taxes		$(33,244	)		$(57,732	)		$(137,991	)		$(59,037	)		$(253,201	)		42	%		87	%
Average Balance Sheet (millions)
Loans		$6,501			$6,943			$7,196			$7,702			$8,268			(6	)%		(21	)%
Loans held for sale		312			317			333			339			380			(2	)%		(18	)%
Trading securities		50			57			93			125			141			(12	)%		(65	)%
Mortgage servicing rights		242			275			283			321			326			(12	)%		(26	)%
Other assets		245			247			314			231			169			(1	)%		45	%
Total assets		7,350			7,839			8,219			8,718			9,284			(6	)%		(21	)%
Escrow balances		565			583			803			923			1,202			(3	)%		(53	)%
Net interest margin		2.20	%		2.12	%		1.99	%		2.00	%		2.12	%
Noninterest Expense Detail (thousands)
Mortgage banking repurchase and foreclosure provision		$55,996			$40,675			$59,344			$25,751			$29,098			38	%		92	%
Salaries and benefits		3,130			4,724			7,801			8,348			7,391			(34	)%		(58	)%
Contract labor and outsourcing		4,135			4,134			6,087			5,062			5,260			*			(21	)%
Equipment and occupancy		2,784			1,202			5,137			2,097			1,880			132	%		48	%
Other expenses		26,544			25,919			46,478			38,134			59,223			2	%		(55	)%
Total noninterest expense		$92,589			$76,654			$124,847			$79,392			$102,852			21	%		(10	)%
Mortgage warehouse (millions)
Ending warehouse balance (loans held for sale)		$306			$309			$307			$333			$331			(1	)%		(8	)%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.

20

NON-STRATEGIC: SERVICING (a)
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Servicing Income
Service fees		$25,977			$27,677			$27,864			$29,668			$27,787			(6	)%		(7	)%
Change in MSR value — runoff		(7,238	)		(8,816	)		(10,199	)		(12,009	)		(18,432	)		18	%		61	%
Net hedging results		44,099			10,905			24,153			30,783			6,155		NM			NM
Total servicing income		$62,838			$29,766			$41,818			$48,442			$15,510			111	%	NM
Key Servicing Metrics (millions)
Beginning servicing portfolio		$38,978			$40,616			$44,233			$46,453			$62,948
Additions to portfolio, net of REO transfers		(440	)		(373	)		(433	)		(385	)		(247	)
Prepayments		(977	)		(993	)		(1,321	)		(1,551	)		(2,543	)
Amortization		(243	)		(272	)		(280	)		(284	)		(300	)
Service release sales		—			—			—			—			(65	)
Bulk sale		(5,411	)		—			(1,583	)		—			(13,340	)
Ending servicing portfolio (owned)		$31,907			$38,978			$40,616			$44,233			$46,453			(18	)%		(31	)%
Average servicing portfolio (owned)		$34,252			$39,543			$42,069			$44,906			$47,621			(13	)%		(28	)%
Average loans serviced (#)		193,795			224,374			247,113			272,855			288,362			(14	)%		(33	)%
Portfolio Product Mix (Average)
GNMA		3	%		2	%		2	%		2	%		2	%
FNMA/FHLMC		52	%		57	%		54	%		51	%		50	%
Private		43	%		39	%		43	%		46	%		46	%
Sub-Total		98	%		98	%		99	%		99	%		98	%
Warehouse		2	%		2	%		1	%		1	%		2	%
Total		100	%		100	%		100	%		100	%		100	%
Other Portfolio Statistics
Net service fees — annualized (bps)		28			25			24			24			24
Total service fees — annualized (bps)		30			28			26			26			23
Ancillary income per loan (annualized)		$62.46			$69.93			$65.12			$61.03			$49.19			(11	)%		27	%
Servicing cost per loan (annualized)		$54.81			$29.73			$34.41			$104.75			$81.31			84	%		(33	)%
Average servicing asset (millions)		242			275			283			321			310
Servicing book value (bps)		71			70			67			71			65
90+ Delinquency rate, excluding foreclosures (b)		8.39	%		9.99	%		9.53	%		8.38	%		7.04	%
Change in MSR asset / average servicing asset		66	%		4	%		6	%		21	%		(18	)%
Run-off rate — annualized		8	%		7	%		9	%		11	%		14	%

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Includes servicing of first liens, second liens, and HELOC.
(b)	Excludes delinquency rate of second liens and HELOC.

21

CAPITAL HIGHLIGHTS
Quarterly, Unaudited

																2Q10 Change vs.
(Dollars in millions, except per share amounts)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Tier 1 capital (a) (b)		$3,499.8			$3,484.8			$3,507.8			$3,563.7			$3,596.3			*			(3	)%
Tier 2 capital (a)		948.3			1,021.0			1,183.2			1,191.3			1,205.5			(7	)%		(21	)%
Total capital (a)		$4,448.1			$4,505.8			$4,691.0			$4,755.0			$4,801.8			(1	)%		(7	)%
Risk weighted assets (a)		$20,874.6			$21,022.4			$21,400.4			$21,999.5			$23,123.4			(1	)%		(10	)%
Tier 1 ratio (a)		16.77	%		16.58	%		16.39	%		16.20	%		15.55	%
Tier 2 ratio (a)		4.54			4.85			5.53			5.41			5.22
Total capital ratio (a)		21.31	%		21.43	%		21.92	%		21.61	%		20.77	%
Tier 1 common ratio (a) (c)		10.05	%		9.93	%		9.88	%		9.88	%		9.56	%
Leverage ratio (a)		13.74	%		13.71	%		13.36	%		13.34	%		12.49	%
Shareholders’ equity/assets ratio (d)		12.52	%		12.62	%		12.67	%		12.73	%		11.80	%
Adjusted tangible common equity/RWA (a) (c) (e)		9.19	%		9.09	%		9.06	%		9.06	%		8.71	%
Tangible common equity/tangible assets (b)		7.63	%		7.67	%		7.75	%		7.85	%		7.27	%
Tangible book value per common share (b) (f)		$8.68			$8.63			$8.79			$9.04			$9.09
Book value per common share (f)		$9.55			$9.51			$9.68			$10.00			$10.12

NM — Not meaningful
*	Amount is less than one percent.
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	Current quarter is an estimate.
(b)	Includes $300 million of tier 1 qualifying trust preferred securities.
(c)	Refer to the Non-GAAP to GAAP Reconciliation on page 32 of this financial supplement.
(d)	Calculated on period-end balances.
(e)	See Glossary of Terms for definition of ratios.
(f)	Shares restated for stock dividends distributed through July 1, 2010.

22

ASSET QUALITY: CONSOLIDATED
Quarterly, Unaudited

																2Q10 Change vs.
(Thousands)	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Allowance for Loan Losses Walk-Forward
Beginning balance		$844,060			$896,914			$944,765			$961,482			$940,932			(6	)%		(10	)%
Adjustment due to adoption of amendments to ASC 810		—			24,578			—			—			—		NM			NM
Provision		70,000			105,000			135,000			185,000			260,000			(33	)%		(73	)%
Charge-offs		(145,988	)		(193,955	)		(196,908	)		(212,561	)		(250,330	)		25	%		42	%
Recoveries		13,197			11,523			14,057			10,844			10,880			15	%		21	%
Ending balance (Restricted — $50.1 million)		$781,269			$844,060			$896,914			$944,765			$961,482			(7	)%		(19	)%
Reserve for off-balance sheet commitments		16,077			18,737			19,685			20,308			22,823			(14	)%		(30	)%
Total allowance for loan losses plus reserve		$797,346			$862,797			$916,599			$965,073			$984,305			(8	)%		(19	)%
Allowance for Loan Losses
Regional Banking		$411,218			$420,562			$427,429			$434,683			$392,099			(2	)%		5	%
Non-Strategic		370,051			423,498			469,485			510,082			569,383			(13	)%		(35	)%
Total allowance for loan losses		$781,269			$844,060			$896,914			$944,765			$961,482			(7	)%		(19	)%
Nonperforming Assets
Regional Banking
Nonperforming loans		$321,394			$329,600			$271,021			$318,309			$265,017			(2	)%		21	%
Foreclosed real estate		28,412			27,934			29,862			17,176			29,787			2	%		(5	)%
Total Regional Banking		$349,806			$357,534			$300,883			$335,485			$294,804			(2	)%		19	%
Non-Strategic
Nonperforming loans — including held for sale (a)		$469,136			$598,608			$666,663			$801,410			$861,941			(22	)%		(46	)%
Foreclosed real estate		80,860			85,072			83,847			83,594			76,333			(5	)%		6	%
Total Non-Strategic		$549,996			$683,680			$750,510			$885,004			$938,274			(20	)%		(41	)%
Total nonperforming assets		$899,802			$1,041,214			$1,051,393			$1,220,489			$1,233,078			(14	)%		(27	)%
Net Charge-Offs
Regional Banking		$37,359			$59,032			$53,777			$53,866			$68,413			(37	)%		(45	)%
Non-Strategic		95,432			123,400			129,074			147,852			171,036			(23	)%		(44	)%
Total net charge-offs		$132,791			$182,432			$182,851			$201,718			$239,449			(27	)%		(45	)%
Consolidated Key Ratios (b)
NPL %		4.31	%		5.02	%		4.96	%		5.87	%		5.64	%
NPA %		4.92			5.63			5.56			6.38			6.15
Net charge-offs %		3.10			4.13			4.00			4.24			4.77
Allowance / loans		4.55			4.83			4.95			5.10			4.91
Allowance / NPL		1.06x			0.96x			1.00x			0.87x			0.87x
Allowance / NPA		0.92x			0.85x			0.89x			0.80x			0.79x
Allowance / charge-offs		1.47x			1.16x			1.23x			1.17x			1.00x
Other
Loans past due 90 days or more (c)		$144,840			$167,191			$182,343			$173,634			$182,468			(13	)%		(21	)%
Guaranteed portion (c)		35,809			46,957			40,252			42,271			36,379			(24	)%		(2	)%
Foreclosed assets related to government insured mortgages		13,276			9,054			11,481			10,619			10,464			47	%		27	%
Period-end loans, net of unearned income (millions)		$17,154			$17,484			$18,124			$18,525			$19,586			(2	)%		(12	)%
Off-balance sheet commitments (millions) (d)		$5,113			$5,204			$5,453			$5,537			$5,882			(2	)%		(13	)%

NM — Not meaningful
Certain previously reported amounts have been reclassified to agree with current presentation.
(a)	2Q10 includes $51.0 million of loans held for sale.
(b)	See Glossary of Terms for definitions of Consolidated Key Ratios.
(c)	Includes loans held for sale.
(d)	Amount of off-balance sheet commitments for which a reserve has been provided.

23

ASSET QUALITY: CONSOLIDATED
Quarterly, Unaudited

																2Q10 Change vs.
	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Key Portfolio Details
Commercial (C&I and Other)
Period-end loans ($ millions)		$7,004			$6,856			$7,135			$6,899			$7,381			2	%		(5	)%
30+ Delinq. % (a)		1.02	%		1.02	%		0.96	%		1.25	%		0.82	%
NPL %		2.93			2.86			1.90			2.13			1.52
Charge-offs % (qtr. annualized)		1.16			1.67			1.21			2.48			1.43
Allowance / loans %		3.96	%		4.28	%		3.88	%		3.78	%		3.40	%
Allowance / charge-offs		3.54	x		2.60	x		3.29	x		1.48	x		2.35	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$1,610			$1,674			$1,774			$1,845			$1,871			(4	)%		(14	)%
30+ Delinq. % (a)		1.31	%		3.11	%		3.13	%		2.19	%		2.82	%
NPL %		9.78			10.81			10.35			10.87			8.67
Charge-offs % (qtr. annualized)		3.04			4.37			6.13			3.46			6.40
Allowance / loans %		9.00	%		8.62	%		8.67	%		8.29	%		5.77	%
Allowance / charge-offs		2.93	x		1.94	x		1.38	x		2.37	x		0.87	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$397			$528			$640			$835			$986			(25	)%		(60	)%
30+ Delinq. % (a)		2.49	%		3.89	%		3.71	%		4.15	%		5.29	%
NPL %		44.52			49.38			42.94			42.35			39.44
Charge-offs % (qtr. annualized)		17.97			21.19			22.22			13.41			17.22
Allowance / loans %		13.47	%		9.69	%		8.12	%		9.17	%		9.87	%
Allowance / charge-offs		0.63	x		0.41	x		0.31	x		0.62	x		0.53	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$5,936			$6,084			$6,931			$7,148			$7,356			(2	)%		(19	)%
30+ Delinq. % (a)		2.19	%		2.21	%		2.31	%		2.28	%		2.12	%
NPL %		0.35			0.30			0.26			0.14			0.08
Charge-offs % (qtr. annualized)		2.69			2.91			2.93			3.04			3.01
Allowance / loans %		2.74	%		2.87	%		3.10	%		3.21	%		3.04	%
Allowance / charge-offs		1.01	x		0.97	x		1.04	x		1.04	x		0.99	x
Permanent Mortgage
Period-end loans ($ millions)		$1,019			$1,068			$1,086			$1,113			$1,112			(5	)%		(8	)%
30+ Delinq. % (a)		4.95	%		6.29	%		8.49	%		8.09	%		9.44	%
NPL %		12.17			11.09			9.02			8.65			6.97
Charge-offs % (qtr. annualized)		5.84			10.44			4.65			6.27			7.97
Allowance / loans %		6.89	%		7.86	%		11.41	%		9.06	%		8.85	%
Allowance / charge-offs		1.16	x		0.75	x		2.45	x		1.46	x		1.08	x
OTC, Credit Card, and Other (b)
Period-end loans ($ millions)		$355			$403			$558			$685			$881			(12	)%		(60	)%
30+ Delinq. % (a)		1.32	%		2.12	%		5.22	%		3.12	%		5.77	%
NPL %		15.05			24.91			34.03			40.89			40.58
Charge-offs % (qtr. annualized)		11.54			17.52			18.07			19.60			22.75
Allowance / loans %		6.42	%		9.21	%		13.54	%		18.12	%		20.83	%
Allowance / charge-offs		0.53	x		0.45	x		0.68	x		0.81	x		0.81	x
Restricted Real Estate Loans (c)
Period-end loans ($ millions) (d)		$834			$870			N/A			N/A			N/A			(4	)%	NM
30+ Delinq. % (a)		3.52	%		3.72	%		N/A			N/A			N/A
NPL %		0.23			0.19			N/A			N/A			N/A
Charge-offs % (qtr. annualized)		6.23			4.78			N/A			N/A			N/A
Allowance / loans %		6.01	%		6.87	%		N/A			N/A			N/A
Allowance / charge-offs		0.94	x		1.40	x		N/A			N/A			N/A

NM — Not meaningful

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.
(b)	OTC PE loans: $53.5 million; NPL: 100%; Allowance: $11.6 million; Net Charge-offs: $7.3 million.
(c)	Prior to 1Q10, certain amounts were included in Consumer Real Estate. Includes loans consolidated on January 1, 2010 due to the adoption of amendments to ASC 810.
(d)	Includes $770.3 million of consumer real estate loans and $63.5 million of permanent mortgage loans.

24

ANALYSIS OF INDIVIDUALLY IMPAIRED LOANS AND NPL AND ORE ROLLFORWARDS
Unaudited

(Millions)	Reserves		Balances		Reserve Rate
Commercial Portfolio Reserves
Individually impaired loans with reserves	$	80.2	$	209.1		38.38	%
Individually impaired loans without reserves		—		257.7		—
All other loans		395.2		8,543.8		4.62	%
Total	$	475.4	$	9,010.6		5.28	%

(Millions)	2Q10			1Q10			4Q09			3Q09			2Q09
NPL Rollforward (a)
Beginning NPLs	$	739		$	784		$	981		$	1,021		$	1,064
+ Additions		96			182			147			254			232
+ Principal Increase		19			13			9			7			19
- Payments		(161	)		(113	)		(175	)		(130	)		(113	)
- Net Charge-Offs		(60	)		(95	)		(114	)		(125	)		(155	)
- Transfer to OREO		(39	)		(32	)		(62	)		(46	)		(25	)
- Upgrade to Accrual		(1	)		—			(2	)		—			(1	)
Ending NPLs	$	593		$	739		$	784		$	981		$	1,021
(a) Includes Commercial and One-Time Close Portfolios only.
(Millions)	2Q10			1Q10			4Q09			3Q09			2Q09
ORE Inventory Rollforward (a)
Beginning Balance	$	113.0		$	113.7		$	100.8		$	106.1		$	119.0
Valuation adjustments		(3.4	)		(5.9	)		(10.0	)		(10.4	)		(12.6	)
Adjusted Balance	$	109.6		$	107.8		$	90.8		$	95.7		$	106.4
+ New OREO		53.4			47.1			74.8			65.2			38.5
+ Capitalized Expenses		0.9			1.6			1.0			4.0			0.4
Disposals:
- Single Transactions		(52.6	)		(43.5	)		(52.9	)		(49.6	)		(24.4	)
- Bulk Sales		(2.0	)		—			—			(6.0	)		(10.6	)
- Auctions		—			—			—			(8.5	)		(4.2	)
Ending Balance	$	109.3		$	113.0		$	113.7		$	100.8		$	106.1

(a) OREO excludes foreclosed assets related to government insured mortgages.

25

ASSET QUALITY: REGIONAL BANKING
Quarterly, Unaudited

																2Q10 Change vs.
	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Total Regional Banking
Period-end loans ($ millions) (a)		$10,861			$10,735			$11,180			$11,093			$11,635			1	%		(7	)%
30+ Delinq. % (b)		1.17	%		1.32	%		1.56	%		1.73	%		1.28	%
NPL %		2.96			3.07			2.42			2.87			2.28
Charge-offs % (qtr. annualized)		1.41			2.20			1.94			1.90			2.31
Allowance / loans %		3.79	%		3.92	%		3.82	%		3.92	%		3.37	%
Allowance / charge-offs		2.75	x		1.78	x		1.99	x		2.02	x		1.43	x
Key Portfolio Details
Commercial (C&I and Other)
Period-end loans ($ millions) (a)		$6,406			$6,218			$6,475			$6,257			$6,725			3	%		(5	)%
30+ Delinq. % (b)		1.11	%		1.13	%		1.05	%		1.35	%		0.88	%
NPL %		2.10			2.17			1.51			1.74			1.33
Charge-offs % (qtr. annualized)		1.26			1.82			1.23			1.92			1.52
Allowance / loans %		3.57	%		3.91	%		3.53	%		3.68	%		3.34	%
Allowance / charge-offs		2.95	x		2.17	x		2.95	x		1.86	x		2.16	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$1,434			$1,454			$1,522			$1,556			$1,557			(1	)%		(8	)%
30+ Delinq. % (b)		1.14	%		1.96	%		3.30	%		2.57	%		1.74	%
NPL %		7.33			6.90			6.53			7.25			5.46
Charge-offs % (qtr. annualized)		1.64			2.57			3.16			1.84			6.15
Allowance / loans %		8.26	%		7.97	%		8.61	%		8.53	%		5.31	%
Allowance / charge-offs		5.04	x		3.09	x		2.72	x		4.63	x		0.84	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$220			$259			$300			$358			$407			(15	)%		(46	)%
30+ Delinq. % (b)		1.47	%		2.64	%		5.42	%		6.57	%		5.88	%
NPL %		35.49			35.04			22.97			26.00			21.39
Charge-offs % (qtr. annualized)		9.92			20.80			15.39			7.73			7.81
Allowance / loans %		15.40	%		10.78	%		8.44	%		9.12	%		10.02	%
Allowance / charge-offs		1.41	x		0.48	x		0.50	x		1.10	x		1.21	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$2,497			$2,501			$2,552			$2,595			$2,619			*			(5	)%
30+ Delinq. % (b)		1.30	%		1.25	%		1.30	%		1.44	%		1.29	%
NPL %		0.13			0.13			0.19			0.13			0.13
Charge-offs % (qtr. annualized)		0.54			0.68			0.94			0.83			0.81
Allowance / loans %		0.83	%		0.94	%		1.19	%		1.04	%		1.12	%
Allowance / charge-offs		1.52	x		1.36	x		1.26	x		1.24	x		1.37	x
Credit Card, Permanent Mortgage, and Other
Period-end loans ($ millions)		$305			$302			$331			$327			$328			1	%		(7	)%
30+ Delinq. % (b)		1.48	%		1.60	%		1.89	%		1.98	%		1.77	%
NPL %		0.09			0.13			0.08			0.08			0.12
Charge-offs % (qtr. annualized)		3.56			3.53			4.42			3.54			5.05
Allowance / loans %		3.14	%		3.47	%		3.55	%		3.67	%		4.60	%
Allowance / charge-offs		0.88	x		0.96	x		0.82	x		1.03	x		0.91	x

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	2Q10 increase attributable to growth in mortgage warehouse lending within correspondent banking.
(b)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.

26

ASSET QUALITY: NON-STRATEGIC
Quarterly, Unaudited

																2Q10 Change vs.
	2Q10			1Q10			4Q09			3Q09			2Q09			1Q10			2Q09
Total Non-Strategic Lending
Period-end loans ($ millions)		$6,293			$6,749			$6,944			$7,432			$7,951			(7	)%		(21	)%
30+ Delinq. % (a)		3.01	%		3.62	%		3.67	%		3.27	%		4.12	%
NPL %		6.64			8.11			9.05			10.35			10.56
Charge-offs % (qtr. annualized)		5.87			7.11			7.17			7.68			8.27
Allowance / loans %		5.88	%		6.27	%		6.76	%		6.86	%		7.16	%
Allowance / charge-offs		0.97	x		0.86	x		0.91	x		0.86	x		0.83	x
Key Portfolio Details
Commercial (C&I and Other) (b)
Period-end loans ($ millions)		$598			$638			$660			$642			$656			(6	)%		(9	)%
30+ Delinq. % (a)		0.08	%		0.03	%		0.06	%		0.22	%		0.26	%
NPL %		11.77			9.66			5.73			5.95			3.48
Charge-offs % (qtr. annualized)		0.15			0.08			1.03			8.03			0.47
Allowance / loans %		8.09	%		7.92	%		7.24	%		4.72	%		4.06	%
Allowance / charge-offs		53.49	x		106.43	x		7.27	x		0.58	x		8.58	x
Income CRE (Income-producing Commercial Real Estate)
Period-end loans ($ millions)		$176			$220			$253			$290			$314			(20	)%		(44	)%
30+ Delinq. % (a)		2.66	%		10.76	%		2.11	%		0.16	%		8.16	%
NPL %		29.72			36.67			33.32			30.28			24.59
Charge-offs % (qtr. annualized)		13.16			15.38			22.13			11.45			7.59
Allowance / loans %		15.01	%		12.96	%		9.01	%		6.98	%		8.09	%
Allowance / charge-offs		1.02	x		0.77	x		0.36	x		0.56	x		0.99	x
Residential CRE (Homebuilder and Condominium Construction)
Period-end loans ($ millions)		$177			$269			$340			$477			$579			(34	)%		(69	)%
30+ Delinq. % (a)		3.74	%		5.09	%		2.19	%		2.33	%		4.87	%
NPL %		55.73			63.23			60.60			54.60			52.10
Charge-offs % (qtr. annualized)		26.50			21.54			27.42			17.44			23.53
Allowance / loans %		11.07	%		8.63	%		7.84	%		9.21	%		9.77	%
Allowance / charge-offs		0.32	x		0.35	x		0.23	x		0.47	x		0.37	x
Consumer Real Estate (Home Equity Installment and HELOC)
Period-end loans ($ millions)		$3,439			$3,583			$4,380			$4,553			$4,737			(4	)%		(27	)%
30+ Delinq. % (a)		2.84	%		2.88	%		2.89	%		2.75	%		2.58	%
NPL %		0.51			0.42			0.30			0.15			0.06
Charge-offs % (qtr. annualized)		4.21			4.45			4.08			4.27			4.21
Allowance / loans %		4.13	%		4.21	%		4.22	%		4.45	%		4.10	%
Allowance / charge-offs		0.96	x		0.93	x		1.01	x		1.02	x		0.96	x
Permanent Mortgage
Period-end loans ($ millions)		$993			$1,040			$1,059			$1,084			$1,082			(5	)%		(8	)%
30+ Delinq. % (a)		4.98	%		6.33	%		8.57	%		8.17	%		9.60	%
NPL %		12.46			11.34			9.22			8.85			7.13
Charge-offs % (qtr. annualized)		6.00			10.71			4.77			6.44			8.20
Allowance / loans %		7.01	%		8.00	%		11.62	%		9.25	%		9.07	%
Allowance / charge-offs		1.15	x		0.74	x		2.44	x		1.46	x		1.08	x
OTC and Other Consumer (c)
Period-end loans ($ millions)		$76			$129			$253			$386			$582			(41	)%		(87	)%
30+ Delinq. % (a)		1.50	%		3.90	%		9.58	%		4.21	%		7.90	%
NPL %		70.47			78.20			74.96			72.59			61.37
Charge-offs % (qtr. annualized)		33.48			37.55			30.66			29.26			30.02
Allowance / loans %		18.24	%		21.26	%		25.50	%		29.19	%		28.96	%
Allowance / charge-offs		0.43	x		0.38	x		0.67	x		0.79	x		0.80	x
Restricted Real Estate Loans (d)
Period-end loans ($ millions) (e)		$834			$870			N/A			N/A			N/A			(4	)%	NM
30+ Delinq. % (a)		3.52	%		3.72	%		N/A			N/A			N/A
NPL %		0.23			0.19			N/A			N/A			N/A
Charge-offs % (qtr. annualized)		6.23			4.78			N/A			N/A			N/A
Allowance / loans %		6.01	%		6.87	%		N/A			N/A			N/A
Allowance / charge-offs		0.94	x		1.40	x		N/A			N/A			N/A

* Amount is less than one percent.

Certain previously reported amounts have been reclassified to agree with current presentation.

(a)	30+ Delinquency % includes all accounts delinquent more than one month and still accruing interest.
(b)	Includes trust preferred loan portfolio and other exited businesses.
(c)	OTC PE loans: $53.5 million; NPL: 100%; Allowance: $11.6 million; Net Charge-offs: $7.3 million.
(d)	Prior to 1Q10, certain amounts were included in Consumer Real Estate. Includes loans consolidated on January 1, 2010 due to the adoption of amendments to ASC 810.
(e)	Includes $770.3 million of consumer real estate loans and $63.5 million of permanent mortgage loans.

27

ASSET QUALITY HIGHLIGHTS: KEY PORTFOLIOS — COMMERCIAL Unaudited

C&I Portfolio: $7.0 Billion (41% of Total Loans)

- Primarily relationship customers in TN and regional middle market lending efforts

- Diverse by industry, good granularity

- Impacted by deterioration in overall economic conditions

- Trust preferred loans and bank-related exposures most severely impacted

	% OS
General Corporate, Commercial, and Business Banking Loans		78	%
Mortgage Warehouse Line Balances		12	%
Trust Preferred Loans		7	%
Bank Holding Company Lending		3	%

Income CRE Portfolio: $1.6 Billion (9% of Total Loans)

- Traditional commercial real estate construction and mini-permanent loans

- 89% managed by Regional Banking segment (approx)

- Only 11% in non-strategic CRE business: wind-down portfolio (approx)

- Poor economic conditions impacting vacancy levels, rate of stabilization, and rental rates

- Lack of available financing combined with a weak economy impacting property valuations

- Expect a prolonged period of portfolio underperformance versus historical expectations

Top 10 States
	% OS			% NPL
TN		46.55	%		4.33	%
NC		9.48	%		12.96	%
GA		7.48	%		1.07	%
FL		5.79	%		39.60	%
MS		3.83	%		4.25	%
TX		3.67	%		0.00	%
SC		3.54	%		2.41	%
WA		3.51	%		10.27	%
WV		2.14	%		0.00	%
IN		1.81	%		0.00	%

As of 6/30/10

Homebuilder Portfolio: $397 Million (2% of Total Loans)

- Loans to residential builders and developers

- Performance severely impacted by the housing market

- Wind-down portfolio: In early 2008, ceased originations for national CRE lending; balances have decreased by 87% since March 2008

Top 10 States
	% OS			% NPL
TN		32.86	%		18.42	%
NC		11.21	%		65.98	%
FL		10.68	%		71.41	%
VA		5.76	%		16.38	%
TX		5.37	%		1.67	%
WA		5.32	%		50.90	%
CO		4.99	%		99.18	%
AZ		2.50	%		100.00	%
MD		2.42	%		71.62	%
CA		2.32	%		6.00	%

As of 6/30/10

28

ASSET QUALITY HIGHLIGHTS: KEY PORTFOLIOS — CONSUMER
Unaudited

Consumer Real Estate (primarily Home Equity) Portfolio: $6.7 Billion (39% of Total Loans)

- Statistics include $770.3 million of restricted real estate loans

- Performance stabilizing

- Second consecutive quarter of improvement in 30+ delinquency %

- Geographically diverse

- Top States (TN = 35%, CA = 15%, VA = 4%, WA = 4%)

- Strong borrower quality

- 736 avg. portfolio origination FICO; 726 avg. portfolio FICO (refreshed)

- Good collateral position

- High LTV loans managed through whole loan insurance

- 29% first lien and 71% second lien

- 86% of uninsured portfolio <90 CLTV

- 14% of uninsured portfolio is HLTV, 65% of which (or 8.8%) have FICO >700

- FHN has not originated loans >89.9% CLTV since September 2007

- Good borrower capacity (37% avg. DTI)

- Primarily retail-sourced (86% retail)

- Mix of older vintage loans

- 48% originated prior to 2006

Top 10 States
	% OS			Del. %			C/O	%
TN		35	%		1.27	%	0.53	%
CA		15	%		3.10	%	6.01	%
VA		4	%		1.95	%	1.89	%
WA		4	%		2.78	%	3.06	%
GA		3	%		2.76	%	3.62	%
MD		3	%		3.08	%	1.93	%
FL		3	%		3.76	%	7.96	%
AZ		2	%		4.04	%	9.86	%
PA		2	%		2.16	%	1.25	%
NJ		2	%		2.32	%	2.70	%

As of 6/30/10

Retail vs. Wholesale Originations
	% OS			Del. %			C/O	%
Retail		85.65	%		2.07	%	2.39	%
Wholesale		11.81	%		4.54	%	7.86	%
Other		2.54	%		2.29	%	3.26	%

As of 6/30/10

Portfolio Breakdown by LTV and FICO
	<=80	%	80% - 90	%	>90	%
>=740	32.4	%	14.8	%	5.1	%
720-739	6.9	%	4.5	%	1.9	%
700-719	7.0	%	4.3	%	1.9	%
660-699	7.7	%	3.9	%	3.1	%
620-659	2.4	%	1.3	%	1.2	%
<620	0.8	%	0.3	%	0.5	%
*excludes whole loan insurance

As of 6/30/10

		Balance			Origination Characteristics														QTD			YTD
	Vintage	%			CLTV			FICO		% Broker *			% TN			% 1st lien			NCO’s %			NCO’s %
	pre-2002		5	%		76	%		718		16	%		48	%		35	%		0.88	%		1.26	%
	2003		9	%		75	%		730		16	%		33	%		41	%		0.71	%		1.02	%
	2004		13	%		79	%		727		27	%		23	%		27	%		3.45	%		3.62	%
	2005		20	%		80	%		731		19	%		19	%		17	%		3.72	%		3.94	%
	2006		17	%		77	%		735		5	%		25	%		18	%		4.31	%		4.36	%
	2007		19	%		79	%		740		14	%		27	%		19	%		4.70	%		4.66	%
	2008		9	%		76	%		749		9	%		71	%		52	%		1.49	%		1.79	%
	2009		6	%		72	%		754		2	%		84	%		58	%		0.33	%		0.26	%
	2010		2	%		77	%		753		2	%		87	%		60	%		0.00	%		0.00	%
	Total		100	%		78	%		736		14	%		35	%		29	%		3.06	%		3.20	%
*	Correspondent and Wholesale

Permanent Mortgage Portfolio: $1.1 Billion (6% of Total Loans)

- Statistics include $63.5 million of restricted real estate loans

- Portfolio performance varies by underlying pools

- National portfolios winding down

- Geographically diverse

- Balanced origination sources

- 48% retail; 52% wholesale

- Documentation type

- 63% full doc; 35% stated; 2% other

- Product type

- 65% jumbo; 18% Alt A; 17% other

Top 10 States
	% OS			Del. %
CA		23	%		3.93	%
TX		10	%		3.15	%
WA		8	%		3.74	%
AZ		5	%		8.45	%
VA		5	%		2.18	%
OR		5	%		5.96	%
FL		4	%		22.98	%
UT		4	%		10.19	%
MD		4	%		6.70	%
TN		3	%		3.94	%

As of 6/30/10

29

ASSET QUALITY: PROCESS HIGHLIGHTS

Product Current Process

Commercial Loans (Real Estate / C&I)

Risk Grading

Reserves are established using historical loss factors by grade level. Relationship managers risk rate each loan using grades that reflect both the probability of default and estimated loss in the event of default. Loans with emerging weaknesses receive increased oversight through our Watch List process.

Watch List Process

For new Watch List loans, senior credit management reviews risk grade appropriateness and action plans. After initial identification, relationship managers prepare regular updates for review and discussion by more senior business line and credit officers. This oversight is intended to bring consistent grading and allow timely identification of loans that need to be further downgraded or placed on non-accrual status.

Classified and Non-Accruals

When a loan becomes classified, the asset generally transfers to the specialists in our Loan Rehab and Recovery group where the accounts receive more active management and detailed monitoring; at this time, new appraisals are typically ordered for real estate collateral dependent credits.

Loans are placed on non-accrual status if it becomes evident that full collection of principal and interest is at risk, or if loans become 90 days or more past due.

Impairment Assessment

Generally, classified non-accrual loans over $1 million are deemed to be impaired in accordance with GAAP and are assessed for impairment measurement. For impaired assets viewed as collateral dependent, fair value estimates are obtained from a recently received and reviewed appraisal. Appraised values are adjusted down for costs associated with asset disposal and for our estimate of any further deterioration in values since the most recent appraisal. Upon the determination of impairment, we charge off the full difference between book value and our best estimate of the asset’s net realizable value. For assets evaluated using a discounted cash flow methodology, loans are discounted using the applicable note rate, and typically reserves are maintained.

Home Equity Loans and Lines

For home equity loans and lines, reserve levels are established through the use of segmented roll rate models. Loans are classified substandard at 90 days delinquent. Our collateral position is assessed prior to the asset becoming 180 days delinquent. If the value does not support foreclosure, balances are charged off and other avenues of recovery are pursued. If the value supports foreclosure, the loan is charged down to net realizable value and is placed on non-accrual status. When collateral is taken to OREO, the asset is assessed for further write-down to a percentage of appraised value.

30

GLOSSARY OF TERMS

Adjusted Tangible Equity/RWA:Shareholders’ equity excluding intangible assets and unrealized gains/losses on available for sale securities and cash flow hedges divided by risk weighted assets.

Appraisal Fees:A fee charged to the borrower for the cost of appraising a property.

ASC 310 Fee Deferral:The timing difference between collecting and recognizing origination fees on a loan not carried at elected fair value. For loans held for sale not carried at elected fair value, origination fees are recognized at the time the loan is sold, not at the time the loan is originated.

ASC 310 Reclassification:The reclassification of the cost of originating mortgage warehouse loans, not carried at elected fair value, sold during the period.

ASC 810 Adjustment:Adjustment to reflect the initial application of Accounting Standards Update No. 2009-17, which includes the initial effects of consolidating previously off-balance sheet securitization trusts. The net impact of initial adoption was offset through a cumulative effect adjustment to undivided profits.

Core Business Segments:Management treats regional banking, capital markets, and corporate as FHN’s core businesses. Non-strategic has significant legacy assets and operations that are being wound down.

Credit Report Fee:A fee charged to the borrower for the cost of obtaining the borrower’s credit report.

Final Inspection Fee:A fee charged to the borrower to inspect a property.

Individually Impaired Loans:Commercial loans over $1 million that are not expected to pay all contractually due principal and interest and consumer loans that have experienced a troubled debt restructuring and are individually evaluated for impairment. The estimated loss on these loans is determined using a discounted cash flow (“DCF”) methodology or the estimated fair value of the underlying collateral less costs to sell, if the loan is considered collateral dependent. In accordance with accounting requirements, DCF loans are discounted using the applicable note rate, and typically reserves are maintained for DCF loans. Collateral dependent loans are generally charged off to the estimate of collateral value less cost to sell leaving no associated reserve.

Lower of Cost or Market (LOCOM):A method of accounting for certain assets by recording them at the lower of their historical cost or their current market value.

Origination Fees:A fee charged to the borrower by the lender to originate a loan. Usually stated as a percentage of the face value of the loan.

Reg E Opt-In:The 2010 requirement by Federal Reserve Board Regulation E that consumer customers of banks must elect, or opt-in, to continue to be eligible for fee-based overdraft protection services regarding debit card and ATM transactions. Consumer customers who do not opt-in cannot be charged fees for such services and will not receive such services.

Restricted Balances:Assets of a consolidated variable interest entity that can be used only to settle obligations of the consolidated variable interest entity and liabilities of a consolidated variable interest entity for which creditors (or beneficial interest holders) do not have recourse to the general credit of the primary beneficiary.

Asset Quality — Consolidated Key Ratios

NPL %:Ratio is nonperforming loans in the loan portfolio to total period end loans.

NPA %:Ratio is nonperforming assets related to the loan portfolio to total period end loans plus foreclosed real estate and other assets.

Net charge-offs %:Ratio is annualized net charge-offs to total average loans.

Allowance / Loans:Ratio is allowance for loan losses to total period end loans.

Allowance to loans excluding insured loans:Ratio is allowance for loan losses to total period end loans excluding insured loans.

Allowance / NPL:Ratio is allowance for loan losses to nonperforming loans in the loan portfolio.

Allowance / NPA:Ratio is allowance for loan losses to nonperforming assets related to the loan portfolio.

Allowance / Charge-offs:Ratio is allowance for loan losses to annualized net charge-offs.

31

NON-GAAP to GAAP RECONCILIATION
Quarterly, Unaudited

(Millions)	2Q10			1Q10			4Q09			3Q09			2Q09
Tangible Common Equity (Non-GAAP)
(A) Total equity (GAAP)	$	3,287.2		$	3,270.9		$	3,302.5		$	3,370.2		$	3,394.0
Less: Preferred stock capital surplus — CPP		806.8			802.8			798.7			794.6			790.6
Less: Noncontrolling interest (a)		295.2			295.2			295.2			295.2			295.2
(B) Total common equity	$	2,185.2		$	2,172.9		$	2,208.6		$	2,280.4		$	2,308.2
Less: Intangible assets (GAAP) (b)		197.8			199.2			203.8			218.9			234.3
(C) Tangible common equity (Non-GAAP)	$	1,987.4		$	1,973.7		$	2,004.8		$	2,061.5		$	2,073.9
Less: Unrealized gains on AFS securities, net of tax		68.2			63.3			64.9			67.5			59.2
(D) Adjusted tangible common equity (Non-GAAP) (c)	$	1,919.2		$	1,910.4		$	1,939.9		$	1,994.0		$	2,014.7
Tangible Assets (Non-GAAP)
(E) Total assets (GAAP)	$	26,254.2		$	25,923.6		$	26,068.7		$	26,465.9		$	28,758.9
Less: Intangible assets (GAAP) (b)		197.8			199.2			203.8			218.9			234.3
(F) Tangible assets (Non-GAAP)	$	26,056.4		$	25,724.4		$	25,864.9		$	26,247.0		$	28,524.6
Period-end Shares Outstanding
(G) Period-end shares outstanding		228.8			228.6			228.1			228.1			228.0
Tier 1 Common (Non-GAAP)
(H) Tier 1 capital (d) (e)	$	3,499.8		$	3,484.8		$	3,507.8		$	3,563.7		$	3,596.3
Less: Preferred stock capital surplus — CPP		806.8			802.8			798.7			794.6			790.6
Less: Noncontrolling interest — FTBNA preferred stock (a) (f)		294.8			294.8			294.8			294.8			294.8
Less: Trust preferred (g)		300.0			300.0			300.0			300.0			300.0
(I) Tier 1 common (Non-GAAP)	$	2,098.2		$	2,087.2		$	2,114.3		$	2,174.3		$	2,210.9
Risk Weighted Assets
(J) Risk weighted assets (d) (e)	$	20,874.6		$	21,022.4		$	21,400.4		$	21,999.5		$	23,123.4
Ratios
(C)/(F) Tangible common equity to tangible assets (TCE/TA) (Non-GAAP)		7.63	%		7.67	%		7.75	%		7.85	%		7.27	%
(A)/(E) Total equity to total assets (GAAP)		12.52	%		12.62	%		12.67	%		12.73	%		11.80	%
(C)/(G) Tangible book value per common share (Non-GAAP)	$	8.68		$	8.63		$	8.79		$	9.04		$	9.09
(B)/(G) Book value per common share (GAAP)	$	9.55		$	9.51		$	9.68		$	10.00		$	10.12
(I)/(J) Tier 1 common ratio (Non-GAAP)		10.05	%		9.93	%		9.88	%		9.88	%		9.56	%
(H)/(E) Tier 1 capital to total assets (GAAP)		13.33	%		13.44	%		13.46	%		13.47	%		12.50	%
(D)/(J) Adjusted tangible common equity to risk weighted assets (TCE/RWA) (Non-GAAP) (c)		9.19	%		9.09	%		9.06	%		9.06	%		8.71	%

(a)	Included in total equity on the consolidated balance sheet.
(b)	Includes goodwill and other intangible assets, net of amortization.
(c)	See Glossary of Terms for definition of ratio.
(d)	Current quarter is an estimate.
(e)	Defined by and calculated in conformity with bank regulations.
(f)	Represents FTBNA preferred stock included in noncontrolling interest.
(g)	Included in term borrowings on the consolidated balance sheet.

32

First Horizon National Corporation Second Quarter 2010 Earnings July 16, 2010

Portions of this presentation use non-GAAP financial information. Each of those portions is so noted, and a reconciliation of that non-GAAP information to comparable GAAP information is provided in a footnote or in the appendix at the end of this presentation. This presentation contains forward-looking statements, which may include guidance, involving significant risks and uncertainties which will be identified by words such as "believe","expect","anticipate","intend","estimate", "should","is likely","will","going forward" and other expressions that indicate future events and trends and may be followed by or reference cautionary statements. A number of factors could cause actual results to differ materially from those in the forward-looking information. These factors are outlined in our recent earnings and other press releases and in more detail in the most current 10-Q and 10-K. First Horizon disclaims any obligation to update any of the forward-looking statements that are made from time to time to reflect future events or developments.

Continued Strategic Progress in Second Quarter 2010 Solid Regional Banking Franchise Strong Capital Markets Business Improved Liquidity Position Non-Strategic Loan Reduction Strong Capital Position1 Ability to Execute Proactive on Asset Quality Reducing Risk Refocusing on Core Businesses 1Current quarter is estimate; Tier 1 Common, TCE, & TA are non-GAAP numbers, and a reconciliation is provided in the appendix. 2Spread is loan yield minus deposit cost. Average Regional Banking core deposits up 3% linked quarter and 18% year over year NIM strong at 5.10% in 2Q10, up 14bps linked quarter Increased spreads by 44bps from 2Q09 to 2Q102 Continued strong fixed income average daily revenue of $1.5mm in 2Q10, down from $1.7mm in 1Q10 Consolidated average core deposits increased 3% from 1Q10 and 14% year over year Period end loan to core deposit ratio improved to 112% from 114% in 1Q10 and 140% in 2Q09 Non-Strategic period end loans decreased 7% or $457mm from 1Q10 Total period end assets steady at $26B Tier 1 ratio rose to 16.8% Tier 1 Common improved to 10.1% TCE + Reserves increased to 13.3% TCE/TA at 7.6% Provision expense decreased 33% from 1Q10 NPAs down 14% from 1Q10, down 27% year over year Reserve decline of $63mm in 2Q10 NCOs dropped $50mm or 27% linked quarter

Financial Results

Consolidated Financial Results Earnings per share of $0.01 after discontinued operations and TARP dividend Net income available to common shareholders of $3mm $(15)mm impact of TARP CPP preferred Provision at $70mm $63mm reserve decrease Fifth consecutive quarter of lower provision expense and fourth of reserve decrease Net charge-offs lower at $133mm from $182mm in 1Q10 and down 45% from 2Q09 Non-Interest Income at $248mm in 2Q10 Continued solid fixed income revenues Fees in Regional Bank up 4% from 1Q10 Expenses at $342mm in 2Q10 Non-Strategic expenses increased 21% or $16mm from higher environmental expenses Environmental costs: $56mm of mortgage repurchase reserve expense vs. $41mm in 1Q10 $5mm of foreclosure expense vs. $10mm in 1Q10 Diluted shares at 233mm includes 4.4mm dilutive impact from U.S. Treasury warrant Period-end shares increased to 229mm2 Prior quarters restated to reflect stock dividend Numbers may not add to total due to rounding. 1Pre-tax, pre-provision is a non-GAAP number and is pre-tax income excluding provision; a reconciliation is provided in the appendix. 2At 6/30/10.

Regional Banking Capital Markets Corporate Non-Strategic Segment Highlights 2Q10 Drivers / Impacts Repurchase Reserve of $(56)mm in 2Q10 vs. $(41)mm in 1Q10 $217 $(159) 2Q10 Revenue 2Q10 Expense $106 $(78) $6 $(12) $101 $(93) Core Business (subtotal) Total $329 $(249) $430 $(342) 1Q10 Pre-Tax Earnings ($mm) 2Q10 Average daily revenue of $1.5mm in 2Q10 vs. $1.7mm in 1Q10 Hedging results of $44mm in 2Q10 vs. $11mm 1Q10 Revenue up 4% in 2Q10, driven by higher NII and seasonal rebound in NSF/OD fees $29 $28 $(5) $51 $(33) $18 Pre-tax earnings, Revenue, and Expense are in millions. Numbers may not add to total due to rounding. Linked Quarter Change $mm / Percent $8 or 4% $(11) or (10)% $(25) or (80)% $30 or 41% $(28) or (8)% $1 or (0)% $(2) or (1)% $(6) or (7)% $(8) or (42)% $(17) or (6)% $16 or 21% $(1) or (0)% $(5) $33 $11 $39 $(58) $(19) Revenues of $6mm in 2Q10 vs. $31mm in 1Q10, which included debt repurchase gain of $17mm in 1Q10 Expense decline from lower revenues and a seasonal high in 1Q10 2Q10 expense includes $5mm benefit related to Visa litigation liability reversal 1Q10 seasonal high

2Q09 3Q09 4Q09 1Q10 2Q10 Regional Banking 178 172 158 162 159 Capital Markets 95 80 75 84 78 Corporate 26 18 33 20 12 Non-Strategic 103 79 125 77 93 $390 $350 $402 $343 $500MM $342 Expenses Decline Despite Environmental Cost Uptick Consolidated expenses flat at $342mm from 1Q10 to 2Q10 Core businesses expenses declined Environmental costs remain elevated as Non-Strategic expenses increased 21% from 1Q10 Mortgage repurchase provision expense of $56mm in 2Q10, up $15mm from 1Q10 Expenses by Business Line Environmental Costs 2Q09 3Q09 4Q09 1Q10 2Q10 Reinsurance Provision 8 0 0 0 0 Consumer Repurchase Provision 12 -2 0 0 0 Mortgage Repurchase Provision 29 26 59 41 56 Foreclosure Expense 22 21 13 10 5 FDIC Special Assessment 13 0 0 0 0 $73 $45 $84 $61 $51 $100MM Numbers may not add due to rounding.

Pre-2005 Pre-2006 2006 2007 2008 2009 % of repurchase requests 0.02 0.11 0.18 0.55 0.17 0 % of FHN originations by vintage 0.34 0.26 0.25 0.15 0 2Q09 3Q09 4Q09 1Q10 2Q10 Pipeline 162.8 208.7 256.4 304 411 New Requests 78 90 125 117 206 Resolved 32.9 49.6 86 69 74 $450MM Continued repurchase requests from GSEs and notifications of rescissions of coverage from mortgage insurers GSE loans represented ~60% of originations1 Slow resolution process Rescission rate of 40-50% Loss severity of 50-55% Sold mortgage origination platform in August 2008 Mortgage Repurchase-Related Expenses Driving Elevated Environmental Costs Numbers may not add due to rounding. 1Based on UPB. The pipeline represents active investor claims and MI rescissions under review. Excludes MI rescission notices that have been reviewed and the MI coverage has been lost. For purposes of estimating loss, MI rescission notices where coverage has been lost are contemplated. 2Requests reflect pipeline as of 6/30/10. Repurchase Requests by Vintage2 Mortgage Repurchase Reserve Pipeline of Repurchase Requests1

Strong Balance Sheet and Net Interest Margin Trends Period end total assets at $26.3B in 2Q10 Period end Non-Strategic loans decreased $457mm from 1Q10 Period end Capital Markets trading inventory up from temporary increase in trading loan portfolio Continued consolidated average core deposit growth Consolidated NIM steady at 3.19% in 2Q10 Core businesses NIM1 at 3.61% Excess balances at Fed negatively affected NIM Continued improved loan pricing Weighted average rate paid on core deposits declined Adverse impact of non-accruals 2Q09 3Q09 4Q09 1Q10 2Q10 Loss of Yield and Int Reversals 16 17 13 14 12 2Q09 3Q09 4Q09 1Q10 2Q10 RB Avg Core Dep 10.6 10.9 11.3 12.2 12.5 $12.5 $10.6 $10.8 $11.3 $12.2 Yields and Rates Adverse Impact of Non-Accruals Net Interest Margin by Segment1 Regional Banking Average Core Deposits 1Core businesses NIM is a non-GAAP number relating to the three core business segments: Regional Banking, Capital Markets, and Corporate. It is calculated in the same basic manner as First Horizon (consolidated) NIM, by dividing fully tax equivalent net interest income for the three core segments by average earning assets for those segments. 2Spread is loan yield minus deposit cost. 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 Loan Yield 0.0529 0.0512 0.048 0.0397 0.0395 0.0386 0.0395 0.0398 0.0408 Deposit Cost 0.0244 0.0229 0.0211 0.0163 0.0127 0.0103 0.0092 0.0085 0.008 Spread2 (right axis) 285 283 269 234 268 284 303 313 327 $14B

Asset Quality

2Q09 3Q09 4Q09 1Q10 2Q10 Net Charge-Offs 239.4 201.7 182.9 182.4 132.8 Reserve Increase/ Decrease 20.6 -16.7 -47.9 -52.9 -63 Reserve % of Loans (right axis) 0.0491 0.051 0.0495 0.0483 0.0455 $325mm Asset Quality Overview1 Peer Median FHN Consolidated FHN Regional Bank FHN Non-Strategic3 Reserves 0.0272 0.0455 0.0379 0.0588 Reserves and Net Charge-Offs Reserves vs. Peers2 1Asset quality ratios as of 6/30/10. 2Peer Median includes Top 50 banks by asset size as of 1Q10. 3Non-Strategic reserve excludes LOCOM. Numbers may not add due to rounding. 2Q10 net charge-offs declined $50mm from 1Q10 to $133mm or 3.10% (annualized) of average loans1: Regional Bank net charge-offs declined 37% linked quarter, down 45% year over year Non-Strategic net charge-offs declined 23% linked quarter, down 44% year over year Reserves for loan losses decreased $63mm linked quarter to $781mm or 4.55% of period end loans1 Significant reserve decrease driven by improvements within Non-Strategic portfolios Reserve decrease in Home Equity, reflecting stable trends Impact from Gulf oil spill and Tennessee flooding should be minimal $133 $239 $202 $183 $182 3.79% 4.55% 2.72% 5.88%

NPAs Declining, Problem Loan Resolution Efforts Continue NPAs declined $141mm or 14% linked-quarter, down for the fifth straight quarter and down 27% year over year NPL levels down 15% overall Aggregate inflows down, outflows up ORE decreased 3% Small bulk sale of $2mm in 2Q10 Non-Performing Assets Declining ORE Activity2 NPLs Activity1 Numbers may not add due to rounding. 1Includes Commercial and One-Time Close Portfolios only. 2ORE excludes foreclosed real estate from government insured loans. 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 NPLs 208.3 307.1 537.3 770 900 1054.4 1133.108 1126.958 1119.719 937.684 929 791 ORE 60 85.3 83.7 106.1 115.5 103.6 119 106.1 100.8 113.7 113 109.3 (1)% (14)% 14% 8% (2)% (1)% (14)% $1.4B

Income CRE Portfolio: Stress Likely to Remain through 2011 Construction Land Mini-Perm/Non-Construction Property Type 0.18 0.11 0.71 Construction 18% Land 11% Mini-Perm/ Construction 71% 2Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 30+ Delq. 0.52 0.0196 0.0057 0.0143 0.0347 0.0242 0.0423 0.0282 0.0219 0.0313 0.0311 0.0131 Net Charge-Offs (ann.) 0.74 0.0013 0.0194 0.0063 0.0024 0.0273 0.0336 0.064 0.0346 0.0613 0.0437 0.0304 NPLs/Total Loans 0.0354 0.0372 0.0502 0.063 0.0867 0.1087 0.1035 0.1081 0.0978 Retail Multi-Family Office Industrial Land Other Hospitality Income CRE by balances 0.23 0.2 0.15 0.12 0.11 0.11 0.08 Other 11% Land 11% Industrial 12% Hospitality 8% Retail 23% Multi-Family 20% Office 15% Performance Collateral Type1 Loan Type1 1As of 6/30/10; NPLs as a percentage of each portfolio. 2"Other" includes Non-Owner Occupied Single Family Residential and Multi-Use Projects. Balances of $1.6B at 6/30/10 89% managed in Regional Banking with relationship- oriented customers Proactively managing problem projects and maturities to regulatory standards Do not capitalize interest and do not fund interest on distressed properties Net charge-offs down $7mm linked quarter to $12mm Reserves of 9.0% at 6/30/10 Likely to remain at current stressed performance levels into 2011

1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 30+ Delq. 0.0153 0.0082 0.0125 0.0096 0.0102 0.0102 NPLs/Total Loans 0.0135 0.0152 0.0213 0.019 0.0286 0.0293 Net Charge-Offs (Ann.) 0.0155 0.0143 0.0248 0.0121 0.0167 0.0116 NPLs/Total Loans without TRUPs/Bank Related 0 0 0 0 0.0186 C&I Portfolio: Core Stable; TRUPS, Bank-Related Loans Stressed All Other C&I TRUPs Bank-Related Correspondent Banking Property Type 0.74 0.07 0.03 0.16 All Other C&I 74% TRUPs 7% Consolidated C&I Portfolio C&I Loan Composition Bank Related Loans 3% Other Correspondent Banking1 16% NPLs/Total Loans of 1.97% without TRUPs and Bank Related loans $7.0B portfolio, diversified by industry, managed in Regional Bank Trends in the core C&I portfolio remain stable Less inflow from NPLs Fewer downgrades NPLs up $9mm linked quarter from TRUPs and bank-related loans C&I consolidated reserves of 3.96% at 6/30/10 1Includes mortgage warehouse lending lines from correspondent banking.

C&I Portfolio: TRUPS & Bank-Related Loans 2Q10 TRUPs & Bank-Related Loans C&I w/o TRUPs & Bank-Related Loans Total C&I Portfolio PE Balances ($mm) $709 $6,295 $7,004 Reserves ($mm) $1201 $193 $277 Reserve Coverage 16.97%1 3.06% 3.96% NPL % 11.43% 1.97% 2.93% NCO %2 4.84% 0.73% 1.16% TRUPS and Bank-Related Loan Coverage 1Reserve Coverage includes $35.6mm of LOCOM on TRUPs. 2NCO% is QTD Annualized. Numbers may not add to total due to rounding. $709mm balances in TRUPS and bank-related loans $301mm whole-loan TRUPs to banks $164mm whole-loan TRUPs to insurance companies $137mm loans to bank holding companies $106mm other loans secured by bank stock Average TRUP size: $9mm Significant management focus is directed at this portfolio - TRUPs and bank holding company loans are re-graded quarterly

30 Day Del. 1/1/2008 Feb March April May June July Aug Sept Oct Nov Dec 1/1/2009 Feb March April May June July Aug Sept Oct Nov Dec 1/1/2010 Feb Mar Apr May Jun Regional Banking 0.0154 0.016 0.0164 0.0145 0.0131 0.0112 0.011 0.0121 0.0123 0.0127 0.0139 0.0133 0.0125 0.0132 0.0125 0.0124 0.0129 0.0128 0.0142 0.0133 0.0144 0.0147 0.0133 0.0131 0.0137 0.0132 0.0124 0.0124 0.0134 0.0128 Non-Strategic 0.0149 0.0149 0.0145 0.0137 0.0134 0.0131 0.0134 0.0147 0.016 0.0175 0.0214 0.0229 0.0233 0.0241 0.0241 0.0243 0.0249 0.0262 0.0265 0.0265 0.0279 0.0282 0.0288 0.0293 0.0318 0.032 0.03 0.0302 0.0305 0.0303 Industry 0.0328 0.0349 0.0347 0.0356 0.0368 0.0382 0.0394 0.0417 0.0431 0.0442 0.0486 Consumer Real Estate Portfolio 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 Regional Banking 0.52 0.004 0.0064 0.0076 0.015 0.0081 0.0123 0.0105 0.0081 0.0083 0.0094 0.0068 0.0054 Non-Strategic 0.74 0.0034 0.0062 0.0102 0.0191 0.017 0.021 0.0307 0.0421 0.0427 0.0408 0.0445 0.0421 Restricted 0.052 0.0537 30+ Delinquency: Non-Strategic vs. Regional1 Net Charge-Offs3 Vintage Mix Industry1 = 12.87% Non-Strategic Portfolio Run-Off 1Source: McDash industry data as of April 2010. FHN data excludes FHB. 2Addition of restricted consumer real estate loan balances to B/S disproportionately increased delinquency beginning January 2010. 3Net Charge-Offs are annualized. All charts and graphs include $770.3mm of restricted real estate loans. 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 Period End Balance 4265 4056 3883 3725 3583 3439 Historical on B/S Securitizations 702 681 670 655 638 617 New Restricted 162 153 Constant Pre-Payment Rate 0.15 0.17 0.13 0.14 0.1592 0.1592 $5.0B 2

Non-Strategic Portfolios: Perm Mortgage & Res CRE 1Perm Mortgage reflects consolidated asset quality trends. $13.5mm of losses related to an acceleration of net charge-off recognition in 1Q10. Permanent Mortgage Non-Strategic Res CRE Permanent Mortgage portfolio 30+ day delinquency trends improving Net charge-offs down $10mm linked quarter Reserves reduced from improved delinquency trends and portfolio shrinkage Fewer remaining OTC balances will modify into Permanent Mortgage Non-Strategic Res CRE balances down 34% from 1Q10 to $177mm Decreasing NPL balances Net charge-offs decreased by $2mm from 1Q10 Reserves of 11.1% at 2Q10 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q101 2Q10 Perm Mortgage Balances 647 1004 1080 1127 1075 1082 1084 1059 1040 993 30+Del. 0.0636 0.0738 0.0694 0.1036 0.096 0.0817 0.0857 0.0633 0.0498 Net Charge-Offs Ann. 0.663175 0.0115 0.0022 0.0057 0.0357 0.082 0.0644 0.0477 0.1071 0.06 $1.2B 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 Res CRE Balances 1.432 1.4 1.1 0.927 0.78 0.682 0.579 0.477 0.34 0.269 0.177 Res CRE Commitments 0.9 2 1.6 0.4 0.7 0.3 0.1 0.1 0.09 0.04 0.02 0.9 0.4 0.7 0.3 0.1 0.1 0.0057 NPLs as % of portfolio 0.078 0.1207 0.2202 0.3203 0.4097 0.4891 0.521 0.546 0.606 0.6323 0.5573 30+day Del. 0.0428 0.0662 0.0505 0.0319 0.1252 0.0487 0.0233 0.0219 0.0509 0.0374 91% $2.5B

2010 Outlook (assuming stable/improving economy): C&I portfolio should be stable/improving with the exception of TRUPs and bank-related loans, likely to be volatile due to size Income CRE trends expected to remain stressed Quarter to quarter "lumpiness" is likely in commercial portfolios Home Equity should decrease, assuming continued slow economic recovery as consumer delinquency and loss rates are highly correlated with unemployment trends. Non-Strategic CRE portfolios continue to wind down Reserve process from commercial loans is shifting towards Discounted Cash Flow from collateral based Reflects higher content of C&I loans in portfolio 2010 net charge-offs and reserves should be lower than 2009 levels if current economic trends continue Represents change in prior expectations Credit Expectations and Risks Summary Numbers may not add due to rounding. 1Other includes OTC, Credit Card, Other, and Restricted Real Estate Loans. 22010 net charge-off expectations are relative to full year 2009 net charge-offs. 32010 expectations are relative to year-end 2009 actual levels. 4At 12/31/09.

Summary Second quarter 2010 demonstrated successful execution in addressing credit quality Lower provision expense, NPA decline and reserve decrease Benefiting from refocus on Core Businesses: Regional Banking showed improved trends in net interest margin, fees, credit costs, and core deposits Capital Markets' fixed income revenues still solid, although continuing to normalize Strong capital and liquidity Economic uncertainty can create opportunities Positioned for revenue growth opportunities when economy improves

Appendix

Segment Structure Reflects Strategic Focus FIRST HORIZON NATIONAL CORPORATION Capital Markets Regional Banking Commercial Business Banking PC/Wealth Management Corporate Banking CRE Retail (TN Origination) Correspondent Banking Fixed Income Other Products Corporate Corporate Functions Investment Portfolio Risk Management Non-Strategic National Consumer Lending Mortgage Servicing National Construction Lending Exited Businesses TRUPs Loans

Bonefish Long Term Targets

Liquidity and Capital Remain Strong 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 1Q10 Peer Median Tier 1 Common 0.0623 0.0629 0.085 0.0885 0.0896 0.0884 0.0897 0.0988 0.0988 0.0991 0.101 0.086 10.1% 9.9% 9.9% 8.6% Continued core deposit growth Asset reductions and deposit growth offsetting debt maturities Wholesale funding in non-credit sensitive sources Numbers may not add to total due to rounding. 1Peer median includes Top 50 banks at 1Q10. TCE/RWA is not adjusted for unrealized gains on AFS securities and is a non-GAAP number, and a reconciliation is provided in the appendix. Tier 1 Common is a non-GAAP number, and a reconciliation is provided in the appendix. 2Excluding Securities Sold Repos, Trading Liabilities, and sub-debt and other collateralized borrowings of $4.0B. Liquidity Tier 1 Common Ratio1 Wholesale Funding2 - P/E Balances ($B) Capital Ratios1

Credit Quality Summary by Portfolio As of 6/30/10; numbers may not add to total due to rounding. Notable differences in the performance of the Regional Bank portfolios vs. the Non-Strategic portfolios Portfolio metrics in the national wind-down portfolios are becoming increasingly worse as wind-down enters final stages due to the combination of smaller balances and troubled exposures

Home Equity - Performance and Characteristics Portfolio Characteristics Geographic Distribution 30+ Delinquency: Key Drivers TN 0.34 CA 0.15 GA 0.03 FL 0.03 Other 0.48 Core Banking Customers TN 35% Other 44% CA 15% FL 3% 3% GA All charts and graphs include $770.3mm of restricted consumer real estate loans. Retail Wholesale Channel Mix 0.0207 0.0414 >=740 720- 739 700- 719 660- 699 <660 FICO Score (Origination) 0.0122 0.0255 0.0344 0.0379 0.0484 51% % of portfolio 13% 13% 15% 8% 86% 14% 1st Lien 2nd Lien Lien Position 0.0169 0.0264 % of portfolio 29% 71% % of portfolio FICO Score-Origination Channel Lien Position

C&I Income CRE Res CRE DCF 43 0 0 Collateral Dependent 20 99 97 Market Value 0 0 0 C&I Income CRE Res CRE DCF 99 46 41 Collateral Dependent 11 0 13 Individually Impaired Commercial Loans Classified non-accrual Commercial loans over $1mm are individually assessed for impairment Collateral-dependent Commercial loans are generally charged-down to net realizable value rather than holding reserves Prior quarters reflected a higher mix of collateral dependent loans; as Non-Strategic construction loans wind down, mix is shifting to more discounted cash flow-based loans 1At 6/30/10. Individually Impaired Commercial Loans with Reserves1 Individually Impaired Commercial Loans without Reserves1 DCF Collateral Dependent Market Value $62 $99 $97 $110 $46 $54 $120MM $120MM

Reconciliation to GAAP Financials Slides in this presentation use non-GAAP information of pre-tax, pre-provision earnings. That information is not presented according to generally accepted accounting principles (GAAP), and is reconciled to GAAP information below. Numbers may not add to total due to rounding.

Reconciliation to GAAP Financials 1Includes goodwill and other intangible assets, net of amortization. 2Current quarter is an estimate. Numbers may not add to total due to rounding. Slides in this presentation use non-GAAP information of pre-tax, pre-provision earnings. That information is not presented according to generally accepted accounting principles (GAAP), and is reconciled to GAAP information below.