Loans | Loans The following table provides the balance of loans, net of unearned income, by portfolio segment as of June 30, 2017 and December 31, 2016 : June 30 December 31 (Dollars in thousands) 2017 2016 Commercial: Commercial, financial, and industrial $ 12,598,219 $ 12,148,087 Commercial real estate 2,211,996 2,135,523 Consumer: Consumer real estate (a) 4,417,459 4,523,752 Permanent mortgage 408,095 423,125 Credit card & other 353,550 359,033 Loans, net of unearned income $ 19,989,319 $ 19,589,520 Allowance for loan losses 197,257 202,068 Total net loans $ 19,792,062 $ 19,387,452 (a) Balances as of June 30, 2017 and December 31, 2016 , include $28.8 million and $35.9 million of restricted real estate loans, respectively. See Note 13—Variable Interest Entities for additional information. COMPONENTS OF THE LOAN PORTFOLIO The loan portfolio is disaggregated into segments and then further disaggregated into classes for certain disclosures. GAAP defines a portfolio segment as the level at which an entity develops and documents a systematic method for determining its allowance for credit losses. A class is generally determined based on the initial measurement attribute (i.e., amortized cost or purchased credit-impaired), risk characteristics of the loan, and FHN’s method for monitoring and assessing credit risk. Commercial loan portfolio segments include commercial, financial and industrial (“C&I”) and commercial real estate (“CRE”). Commercial classes within C&I include general C&I, loans to mortgage companies, the trust preferred loans (“TRUPS”) (i.e. long-term unsecured loans to bank and insurance—related businesses) portfolio and purchased credit-impaired (“PCI”) loans. Loans to mortgage companies include commercial lines of credit to qualified mortgage companies primarily for the temporary warehousing of eligible mortgage loans prior to the borrower’s sale of those mortgage loans to third party investors. Commercial classes within CRE include income CRE, residential CRE and PCI loans. Consumer loan portfolio segments include consumer real estate, permanent mortgage, and the credit card and other portfolio. Consumer classes include home equity lines of credit (“HELOCs”), real estate (“R/E”) installment and PCI loans within the consumer real estate segment, permanent mortgage (which is both a segment and a class), and credit card and other. Concentrations FHN has a concentration of residential real estate loans ( 24 percent of total loans), the majority of which is in the consumer real estate segment ( 22 percent of total loans). Loans to finance and insurance companies total $2.7 billion ( 22 percent of the C&I portfolio, or 14 percent of the total loans). FHN had loans to mortgage companies totaling $2.1 billion ( 17 percent of the C&I segment, or 10 percent of total loans) as of June 30, 2017 . As a result, 39 percent of the C&I segment is sensitive to impacts on the financial services industry. Purchased Credit-Impaired Loans The following table presents a rollforward of the accretable yield for the three and six months ended June 30, 2017 and 2016 : Three Months Ended Six Months Ended (Dollars in thousands) 2017 2016 2017 2016 Balance, beginning of period $ 5,198 $ 8,958 $ 6,871 $ 8,542 Accretion (919 ) (996 ) (1,770 ) (2,147 ) Adjustment for payoffs (761 ) (2,452 ) (1,034 ) (4,229 ) Adjustment for charge-offs — (11 ) — (674 ) Adjustment for pool excess recovery (a) — — (222 ) — Increase/(decrease) in accretable yield (b) 409 705 114 4,712 Other 118 (33 ) 86 (33 ) Balance, end of period $ 4,045 $ 6,171 $ 4,045 $ 6,171 (a) Represents the removal of accretable difference for the remaining loans in a pool which is now in a recovery state. (b) Includes changes in the accretable yield due to both transfers from the nonaccretable difference and the impact of changes in the expected timing of the cash flows. At June 30, 2017 , the ALLL related to PCI loans was $.5 million compared to $.7 million at December 31, 2016 . A loan loss provision credit related to PCI loans of $.1 million was recognized during the three months ended June 30, 2017 , as compared to $.4 million recognized during the three months ended June 30, 2016 . The loan loss provision credit related to PCI loans of $.2 million was recognized during the six months ended June 30, 2017 , as compared to $.3 million recognized during the six months ended June 30, 2016 . The following table reflects the outstanding principal balance and carrying amounts of the acquired PCI loans as of June 30, 2017 and December 31, 2016 : June 30, 2017 December 31, 2016 (Dollars in thousands) Carrying value Unpaid balance Carrying value Unpaid balance Commercial, financial and industrial $ 21,143 $ 22,089 $ 40,368 $ 41,608 Commercial real estate 4,008 5,264 4,763 6,514 Consumer real estate 1,013 1,388 1,172 1,677 Credit card and other 55 63 52 64 Total $ 26,219 $ 28,804 $ 46,355 $ 49,863 Impaired Loans The following tables provide information at June 30, 2017 and December 31, 2016 , by class related to individually impaired loans and consumer TDRs, regardless of accrual status. Recorded investment is defined as the amount of the investment in a loan, excluding any valuation allowance but including any direct write-down of the investment. For purposes of this disclosure, PCI loans and the TRUPs valuation allowance have been excluded. June 30, 2017 December 31, 2016 (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related Impaired loans with no related allowance recorded: Commercial: General C&I $ 9,487 $ 16,604 $ — $ 10,419 $ 16,636 $ — Income CRE — — — — — — Total $ 9,487 $ 16,604 $ — $ 10,419 $ 16,636 $ — Consumer: HELOC (a) $ 9,937 $ 20,411 $ — $ 11,383 $ 21,662 $ — R/E installment loans (a) 3,933 4,960 — 3,957 4,992 — Permanent mortgage (a) 5,904 8,739 — 5,311 7,899 — Total $ 19,774 $ 34,110 $ — $ 20,651 $ 34,553 $ — Impaired loans with related allowance recorded: Commercial: General C&I $ 25,411 $ 25,880 $ 2,716 $ 34,334 $ 34,470 $ 3,294 TRUPS 3,136 3,700 925 3,209 3,700 925 Income CRE 1,731 1,731 57 1,831 2,209 62 Residential CRE 1,293 1,761 119 1,293 1,761 132 Total $ 31,571 $ 33,072 $ 3,817 $ 40,667 $ 42,140 $ 4,413 Consumer: HELOC $ 75,778 $ 78,449 $ 16,061 $ 84,711 $ 87,126 $ 15,927 R/E installment loans 48,351 49,143 11,088 53,409 54,559 12,875 Permanent mortgage 80,009 91,744 11,858 88,615 100,983 12,470 Credit card & other 360 360 161 306 306 133 Total $ 204,498 $ 219,696 $ 39,168 $ 227,041 $ 242,974 $ 41,405 Total commercial $ 41,058 $ 49,676 $ 3,817 $ 51,086 $ 58,776 $ 4,413 Total consumer $ 224,272 $ 253,806 $ 39,168 $ 247,692 $ 277,527 $ 41,405 Total impaired loans $ 265,330 $ 303,482 $ 42,985 $ 298,778 $ 336,303 $ 45,818 (a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance. Three Months Ended June 30 Six Months Ended June 30 2017 2016 2017 2016 (Dollars in thousands) Average Interest Average Interest Average Interest Average Interest Impaired loans with no related allowance recorded: Commercial: General C&I $ 9,941 $ — $ 13,333 $ — $ 10,174 $ — $ 11,278 $ — Income CRE — — 2,468 — — — 2,468 — Total $ 9,941 $ — $ 15,801 $ — $ 10,174 $ — $ 13,746 $ — Consumer: HELOC (a) $ 10,331 $ — $ 11,105 $ — $ 10,692 $ — $ 11,013 $ — R/E installment loans (a) 3,925 — 4,407 — 3,931 — 4,420 — Permanent mortgage (a) 5,854 — 4,161 — 5,705 — 4,298 — Total $ 20,110 $ — $ 19,673 $ — $ 20,328 $ — $ 19,731 $ — Impaired loans with related allowance recorded: Commercial: General C&I $ 28,402 $ 189 $ 31,333 $ 292 $ 30,632 $ 403 $ 28,127 $ 379 TRUPS 3,160 — 3,291 — 3,178 — 3,307 — Income CRE 1,767 14 4,780 20 1,792 28 4,959 40 Residential CRE 1,293 5 1,376 6 1,293 10 1,386 12 Total $ 34,622 $ 208 $ 40,780 $ 318 $ 36,895 $ 441 $ 37,779 $ 431 Consumer: HELOC $ 78,608 $ 577 $ 88,299 $ 494 $ 80,841 $ 1,141 $ 88,439 $ 981 R/E installment loans 49,373 317 58,923 345 50,637 635 59,447 662 Permanent mortgage 81,475 574 92,218 541 83,626 1,189 93,725 1,058 Credit card & other 315 3 351 3 301 5 355 6 Total $ 209,771 $ 1,471 $ 239,791 $ 1,383 $ 215,405 $ 2,970 $ 241,966 $ 2,707 Total commercial $ 44,563 $ 208 $ 56,581 $ 318 $ 47,069 $ 441 $ 51,525 $ 431 Total consumer $ 229,881 $ 1,471 $ 259,464 $ 1,383 $ 235,733 $ 2,970 $ 261,697 $ 2,707 Total impaired loans $ 274,444 $ 1,679 $ 316,045 $ 1,701 $ 282,802 $ 3,411 $ 313,222 $ 3,138 (a) All discharged bankruptcy loans are charged down to an estimate of net realizable value and do not carry any allowance. Asset Quality Indicators FHN employs a dual grade commercial risk grading methodology to assign an estimate for the probability of default (“PD”) and the loss given default (“LGD”) for each commercial loan using factors specific to various industry, portfolio, or product segments that result in a rank ordering of risk and the assignment of grades PD 1 to PD 16 . This credit grading system is intended to identify and measure the credit quality of the loan portfolio by analyzing the migration of loans between grading categories. It is also integral to the estimation methodology utilized in determining the allowance for loan losses since an allowance is established for pools of commercial loans based on the credit grade assigned. Each PD grade corresponds to an estimated one-year default probability percentage; a PD 1 has the lowest expected default probability, and probabilities increase as grades progress down the scale. PD 1 through PD 12 are “pass” grades. PD grades 13 - 16 correspond to the regulatory-defined categories of special mention ( 13 ), substandard ( 14 ), doubtful ( 15 ), and loss ( 16 ). Pass loan grades are required to be reassessed annually or earlier whenever there has been a material change in the financial condition of the borrower or risk characteristics of the relationship. All commercial loans over $1 million and certain commercial loans over $500,000 that are graded 13 or worse are reassessed on a quarterly basis. Loan grading discipline is regularly reviewed internally by Credit Assurance Services to determine if the process continues to result in accurate loan grading across the portfolio. FHN may utilize availability of guarantors/sponsors to support lending decisions during the credit underwriting process and when determining the assignment of internal loan grades. LGD grades are assigned based on a scale of 1 - 12 and represent FHN’s expected recovery based on collateral type in the event a loan defaults. See Note 5 – Allowance for Loan Losses for further discussion on the credit grading system. The following tables provide the balances of commercial loan portfolio classes with associated allowance, disaggregated by PD grade as of June 30, 2017 and December 31, 2016 : June 30, 2017 (Dollars in thousands) General C&I Loans to Mortgage Companies TRUPS (a) Income CRE Residential CRE Total Percentage of Total Allowance for Loan Losses PD Grade: 1 $ 599,112 $ — $ — $ 1,342 $ — $ 600,454 4 % $ 93 2 912,224 — — 11,375 77 923,676 6 432 3 482,603 615,227 — 154,399 41 1,252,270 8 294 4 952,746 455,459 — 250,107 217 1,658,529 11 941 5 1,431,131 209,681 — 462,468 248 2,103,528 14 8,023 6 1,575,587 464,550 — 392,030 6,480 2,438,647 17 10,258 7 1,559,070 170,351 — 412,035 3,312 2,144,768 15 13,480 8 1,061,919 89,754 — 298,308 5,432 1,455,413 10 23,210 9 491,733 62,426 — 66,838 5,013 626,010 4 10,802 10 363,620 3,583 — 47,567 8,123 422,893 3 9,243 11 214,592 — — 44,301 3,183 262,076 2 7,522 12 180,210 21,691 — 13,000 2,742 217,643 1 7,684 13 107,024 — 304,236 6,688 111 418,059 3 3,821 14,15,16 210,344 40 — 8,531 979 219,894 1 23,083 Collectively evaluated for impairment 10,141,915 2,092,762 304,236 2,168,989 35,958 14,743,860 99 118,886 Individually evaluated for impairment 34,897 — 3,137 1,731 1,293 41,058 1 3,817 Purchased credit-impaired loans 21,272 — — 3,974 51 25,297 — 146 Total commercial loans $ 10,198,084 $ 2,092,762 $ 307,373 $ 2,174,694 $ 37,302 $ 14,810,215 100 % $ 122,849 December 31, 2016 (Dollars in thousands) General C&I Loans to Mortgage Companies TRUPS (a) Income CRE Residential CRE Total Percentage of Total Allowance for Loan Losses PD Grade: 1 $ 465,179 $ — $ — $ 1,078 $ — $ 466,257 3 % $ 77 2 791,183 — — 11,742 87 803,012 6 403 3 491,386 462,486 — 153,670 — 1,107,542 8 304 4 978,282 332,107 — 222,422 — 1,532,811 11 953 5 1,232,401 275,209 — 365,653 702 1,873,965 13 6,670 6 1,540,519 614,109 — 338,344 9,338 2,502,310 17 10,403 7 1,556,117 317,283 — 352,390 2,579 2,228,369 16 14,010 8 963,359 30,974 — 425,503 2,950 1,422,786 10 25,986 9 611,774 4,299 — 105,277 4,417 725,767 5 13,857 10 355,359 8,663 — 50,484 9,110 423,616 3 8,400 11 238,230 — — 20,600 6,541 265,371 2 6,556 12 170,531 — — 15,395 4,168 190,094 1 6,377 13 121,276 — 304,236 6,748 311 432,571 3 4,225 14,15,16 194,572 59 — 16,313 1,659 212,603 1 20,297 Collectively evaluated for impairment 9,710,168 2,045,189 304,236 2,085,619 41,862 14,187,074 99 118,518 Individually evaluated for impairment 44,753 — 3,209 1,831 1,293 51,086 1 4,413 Purchased credit-impaired loans 40,532 — — 4,583 335 45,450 — 319 Total commercial loans $ 9,795,453 $ 2,045,189 $ 307,445 $ 2,092,033 $ 43,490 $ 14,283,610 100 % $ 123,250 (a) Balances as of June 30, 2017 and December 31, 2016 , presented net of a $25.5 million valuation allowance. Based on the underlying structure of the notes, the highest possible internal grade is “ 13 ”. The consumer portfolio is comprised primarily of smaller-balance loans which are very similar in nature in that most are standard products and are backed by residential real estate. Because of the similarities of consumer loan-types, FHN is able to utilize the Fair Isaac Corporation (“FICO”) score, among other attributes, to assess the credit quality of consumer borrowers. FICO scores are refreshed on a quarterly basis in an attempt to reflect the recent risk profile of the borrowers. Accruing delinquency amounts are indicators of asset quality within the credit card and other consumer portfolio. The following table reflects the percentage of balances outstanding by average, refreshed FICO scores for the HELOC, real estate installment, and permanent mortgage classes of loans as of June 30, 2017 and December 31, 2016 : June 30, 2017 December 31, 2016 HELOC R/E Installment Loans Permanent Mortgage HELOC R/E Installment Loans Permanent Mortgage FICO score 740 or greater 57.9 % 71.2 % 44.5 % 56.9 % 70.3 % 45.0 % FICO score 720-739 8.8 7.8 11.2 8.8 8.3 9.5 FICO score 700-719 8.3 6.8 11.5 8.6 6.8 9.2 FICO score 660-699 12.7 8.7 15.4 13.2 8.4 17.1 FICO score 620-659 5.2 3.0 8.2 5.6 3.5 9.1 FICO score less than 620 (a) 7.1 2.5 9.2 6.9 2.7 10.1 Total 100.0 % 100.0 % 100.0 % 100.0 % 100.0 % 100.0 % (a) For this group, a majority of the loan balances had FICO scores at the time of the origination that exceeded 620 but have since deteriorated as the loans have seasoned. Nonaccrual and Past Due Loans The following table reflects accruing and non-accruing loans by class on June 30, 2017 : Accruing Non-Accruing (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Total Accruing Current 30-89 Days Past Due 90+ Days Past Due Total Non- Accruing Total Loans Commercial (C&I): General C&I $ 10,151,612 $ 3,277 $ 69 $ 10,154,958 $ 8,864 $ 1,925 $ 11,065 $ 21,854 $ 10,176,812 Loans to mortgage companies 2,092,722 — — 2,092,722 — — 40 40 2,092,762 TRUPS (a) 304,236 — — 304,236 — — 3,137 3,137 307,373 Purchased credit-impaired loans 21,046 15 211 21,272 — — — — 21,272 Total commercial (C&I) 12,569,616 3,292 280 12,573,188 8,864 1,925 14,242 25,031 12,598,219 Commercial real estate: Income CRE 2,169,748 117 — 2,169,865 111 — 744 855 2,170,720 Residential CRE 36,456 — — 36,456 — — 795 795 37,251 Purchased credit-impaired loans 3,997 28 — 4,025 — — — — 4,025 Total commercial real estate 2,210,201 145 — 2,210,346 111 — 1,539 1,650 2,211,996 Consumer real estate: HELOC 1,449,129 14,514 9,440 1,473,083 42,500 3,926 8,302 54,728 1,527,811 R/E installment loans 2,856,164 7,465 4,175 2,867,804 16,436 1,547 2,464 20,447 2,888,251 Purchased credit-impaired loans 1,168 133 96 1,397 — — — — 1,397 Total consumer real estate 4,306,461 22,112 13,711 4,342,284 58,936 5,473 10,766 75,175 4,417,459 Permanent mortgage 369,803 3,334 7,154 380,291 13,241 1,522 13,041 27,804 408,095 Credit card & other: Credit card 182,539 1,316 1,173 185,028 — — — — 185,028 Other 167,580 672 85 168,337 — — 130 130 168,467 Purchased credit-impaired loans 55 — — 55 — — — — 55 Total credit card & other 350,174 1,988 1,258 353,420 — — 130 130 353,550 Total loans, net of unearned income $ 19,806,255 $ 30,871 $ 22,403 $ 19,859,529 $ 81,152 $ 8,920 $ 39,718 $ 129,790 $ 19,989,319 (a) TRUPS is presented net of the valuation allowance of $25.5 million . The following table reflects accruing and non-accruing loans by class on December 31, 2016 : Accruing Non-Accruing (Dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Total Accruing Current 30-89 Days Past Due 90+ Days Past Due Total Non- Accruing Total Loans Commercial (C&I): General C&I $ 9,720,231 $ 5,199 $ 23 $ 9,725,453 $ 16,106 $ 374 $ 12,988 $ 29,468 $ 9,754,921 Loans to mortgage companies 2,041,408 3,722 — 2,045,130 — — 59 59 2,045,189 TRUPS (a) 304,236 — — 304,236 — — 3,209 3,209 307,445 Purchased credit-impaired loans 40,113 185 234 40,532 — — — — 40,532 Total commercial (C&I) 12,105,988 9,106 257 12,115,351 16,106 374 16,256 32,736 12,148,087 Commercial real estate: Income CRE 2,085,455 14 — 2,085,469 232 460 1,289 1,981 2,087,450 Residential CRE 42,182 178 — 42,360 — — 795 795 43,155 Purchased credit-impaired loans 4,809 109 — 4,918 — — — — 4,918 Total commercial real estate 2,132,446 301 — 2,132,747 232 460 2,084 2,776 2,135,523 Consumer real estate: HELOC 1,602,640 17,997 10,859 1,631,496 46,964 4,201 8,922 60,087 1,691,583 R/E installment loans 2,794,866 7,844 5,158 2,807,868 17,989 2,383 2,353 22,725 2,830,593 Purchased credit-impaired loans 1,319 164 93 1,576 — — — — 1,576 Total consumer real estate 4,398,825 26,005 16,110 4,440,940 64,953 6,584 11,275 82,812 4,523,752 Permanent mortgage 385,972 4,544 5,428 395,944 11,867 2,194 13,120 27,181 423,125 Credit card & other: Credit card 188,573 1,622 1,456 191,651 — — — — 191,651 Other 166,062 992 134 167,188 — — 142 142 167,330 Purchased credit-impaired loans 52 — — 52 — — — — 52 Total credit card & other 354,687 2,614 1,590 358,891 — — 142 142 359,033 Total loans, net of unearned income $ 19,377,918 $ 42,570 $ 23,385 $ 19,443,873 $ 93,158 $ 9,612 $ 42,877 $ 145,647 $ 19,589,520 (a) TRUPS is presented net of the valuation allowance of $25.5 million . Troubled Debt Restructurings As part of FHN’s ongoing risk management practices, FHN attempts to work with borrowers when necessary to extend or modify loan terms to better align with their current ability to repay. Extensions and modifications to loans are made in accordance with internal policies and guidelines which conform to regulatory guidance. Each occurrence is unique to the borrower and is evaluated separately. A modification is classified as a TDR if the borrower is experiencing financial difficulty and it is determined that FHN has granted a concession to the borrower. FHN may determine that a borrower is experiencing financial difficulty if the borrower is currently in default on any of its debt, or if it is probable that a borrower may default in the foreseeable future. Many aspects of a borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty. Concessions could include extension of the maturity date, reductions of the interest rate (which may make the rate lower than current market for a new loan with similar risk), reduction or forgiveness of accrued interest, or principal forgiveness. The assessments of whether a borrower is experiencing (or is likely to experience) financial difficulty, and whether a concession has been granted, are subjective in nature and management’s judgment is required when determining whether a modification is classified as a TDR. For all classes within the commercial portfolio segment, TDRs are typically modified through forbearance agreements (generally 6 to 12 months ). Forbearance agreements could include reduced interest rates, reduced payments, release of guarantor, or entering into short sale agreements. FHN’s proprietary modification programs for consumer loans are generally structured using parameters of U.S. government-sponsored programs such as the former Home Affordable Modification Program (“HAMP”). Within the HELOC and R/E installment loans classes of the consumer portfolio segment, TDRs are typically modified by reducing the interest rate (in increments of 25 basis points to a minimum of 1 percent for up to 5 years ) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years , the interest rate generally returns to the original interest rate prior to modification; for certain modifications, the modified interest rate increases 2 percent per year until the original interest rate prior to modification is achieved. Permanent mortgage TDRs are typically modified by reducing the interest rate (in increments of 25 basis points to a minimum of 2 percent for up to 5 years ) and a possible maturity date extension to reach an affordable housing debt-to-income ratio. After 5 years , the interest rate steps up 1 percent every year until it reaches the Federal Home Loan Mortgage Corporation Weekly Survey Rate cap. Contractual maturities may be extended to 40 years on permanent mortgages and to 30 years for consumer real estate loans. Within the credit card class of the consumer portfolio segment, TDRs are typically modified through either a short-term credit card hardship program or a longer-term credit card workout program. In the credit card hardship program, borrowers may be granted rate and payment reductions for 6 months to 1 year . In the credit card workout program, customers are granted a rate reduction to 0 percent and term extensions for up to 5 years to pay off the remaining balance. Despite the absence of a loan modification, the discharge of personal liability through bankruptcy proceedings is considered a concession. As a result, FHN classifies all non-reaffirmed residential real estate loans discharged in Chapter 7 bankruptcy as nonaccruing TDRs. On June 30, 2017 and December 31, 2016 , FHN had $252.7 million and $285.2 million of portfolio loans classified as TDRs, respectively. For TDRs in the loan portfolio, FHN had loan loss reserves of $42.1 million , or 17 percent as of June 30, 2017 , and $44.9 million , or 16 percent as of December 31, 2016 . Additionally, $66.1 million and $69.3 million of loans held-for-sale as of June 30, 2017 and December 31, 2016 , respectively, were classified as TDRs. The following tables reflect portfolio loans that were classified as TDRs during the three and six months ended June 30, 2017 and 2016 : Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 (Dollars in thousands) Number Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Commercial (C&I): General C&I 1 $ 815 $ 799 2 $ 842 $ 836 Total commercial (C&I) 1 815 799 2 842 836 Consumer real estate: HELOC 27 2,293 2,270 62 4,882 4,743 R/E installment loans 14 799 782 28 1,756 1,684 Total consumer real estate 41 3,092 3,052 90 6,638 6,427 Permanent mortgage 4 699 693 9 2,009 1,996 Credit card & other 23 144 140 29 165 160 Total troubled debt restructurings 69 $ 4,750 $ 4,684 130 $ 9,654 $ 9,419 Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (Dollars in thousands) Number Pre-Modification Post-Modification Number Pre-Modification Post-Modification Commercial (C&I): General C&I 4 $ 19,175 $ 18,067 5 $ 19,883 $ 18,775 Total commercial (C&I) 4 19,175 18,067 5 19,883 18,775 Consumer real estate: HELOC 53 5,258 5,246 152 12,698 12,616 R/E installment loans 19 3,326 3,614 34 4,224 4,509 Total consumer real estate 72 8,584 8,860 186 16,922 17,125 Permanent mortgage 4 841 840 4 841 840 Credit card & other 1 2 2 5 21 20 Total troubled debt restructurings 81 $ 28,602 $ 27,769 200 $ 37,667 $ 36,760 The following tables present TDRs which re-defaulted during the three and six months ended June 30, 2017 and 2016 , and as to which the modification occurred 12 months or less prior to the re-default. For purposes of this disclosure, FHN generally defines payment default as 30 or more days past due. Three Months Ended Six Months Ended (Dollars in thousands) Number Recorded Investment Number Recorded Investment Commercial (C&I): General C&I 2 $ 2,228 3 $ 8,007 Total commercial (C&I) 2 2,228 3 8,007 Consumer real estate: HELOC — — 4 685 R/E installment loans — — — — Total consumer real estate — — 4 685 Permanent mortgage 1 538 1 538 Credit card & other 1 11 3 18 Total troubled debt restructurings 4 $ 2,777 11 $ 9,248 Three Months Ended Six Months Ended (Dollars in thousands) Number Recorded Number Recorded Commercial (C&I): General C&I — $ — — $ — Total commercial (C&I) — — — — Consumer real estate: HELOC 1 102 2 138 R/E installment loans 1 180 1 180 Total consumer real estate 2 282 3 318 Permanent mortgage — — — — Credit card & other — — — — Total troubled debt restructurings 2 $ 282 3 $ 318 |