Attached files
file | filename |
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8-K - FIRST HORIZON CORP | c72367_8k.htm |
EX-99.1 - FIRST HORIZON CORP | c72367_ex99-1.htm |
EX-99.3 - FIRST HORIZON CORP | c72367_ex99-3.htm |
Exhibit 99.2
FIRST HORIZON
NATIONAL CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
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Year Ended December 31 |
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(Dollars in thousands) |
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2011 |
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2010 |
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2009 |
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Net income/(loss) |
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$ |
142,630 |
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$ |
61,603 |
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$ |
(258,435 |
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Other comprehensive income/(loss), net of tax: |
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Unrealized market adjustments on securities available for sale arising during the period (Net of tax of $14.1 million for 2011, $(12.2) million for 2010 and $12.1 million for 2009) |
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22,175 |
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(19,122 |
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22,614 |
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Reclassification adjustment for (gain)/loss included in Net income/(loss) (Net of tax of $(.3) million for 2011 and 2010) |
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(472 |
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(437 |
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Unrealized gain/(loss) on securities available-for-sale |
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21,703 |
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(19,559 |
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22,614 |
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Prior service cost arising during the period (Net of tax of $6.3 million for 2009) |
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10,829 |
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Net actuarial gain/(loss) arising during the period (Net of tax of $(23.3) million for 2011, $(2.0) million for 2010 and $2.5 million for 2009) (a) |
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(37,616 |
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(3,425 |
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3,541 |
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Amortization of prior service cost, transition asset/obligation, and net actuarial gain/(loss) included in net periodic benefit cost (Net of tax of $8.3 million for 2011, $5.5 million for 2010 and $.4 million for 2009) |
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13,303 |
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9,647 |
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638 |
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Total pension and postretirement plans |
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(24,313 |
) |
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6,222 |
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15,008 |
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Other comprehensive income/(loss) |
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(2,610 |
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(13,337 |
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37,622 |
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Comprehensive income/(loss) |
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140,020 |
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48,266 |
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(220,813 |
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Comprehensive income attributable to noncontrolling interest |
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11,434 |
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11,402 |
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11,402 |
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Comprehensive income /(loss) attributable to controlling interest |
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$ |
128,586 |
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$ |
36,864 |
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$ |
(232,215 |
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(a) 2009 includes a positive, after-tax effect of $18.3 million due to a pension curtailment.