First Horizon National Corporation operates as the holding company for First Tennessee Bank National Association, which provides various financial services in the United States and internationally. As of December 31, 2013, the company had approximately 200 business locations in 21 U.S. states and Hong Kong, excluding off-premises ATMs. The company offers various financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and surrounding markets. It also provides investments, financial planning, trust services and asset management, credit card, and cash management. The company provides credit, depository, and other banking related services to other financial institutions. As of December 31, 2013, the company provided the following services through its subsidiaries: general banking services for consumers, businesses, financial institutions, and governments; through FTN Financial – fixed income sales and trading; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries, loan sales, advisory services, and derivative sales; discount brokerage and full-service brokerage; correspondent banking; transaction processing – nationwide check clearing services and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; investment and financial advisory services; mutual fund sales as agent; retail insurance sales as agent; and mortgage banking services. Loan Portfolio As of December 31, 2013, the company’s loan portfolio included commercial loans, such as commercial, financial, industrial, and commercial real estate loans; and retail loans, such as consumer real estate, permanent mortgage, one-time close residential construction, and credit card and other loans. Investment Portfolio As of December 31, 2013, the company’s investment portfolio included U.S. treasuries; government agency issued mortgage-backed securities; government agency issued collateralized mortgage obligations; other U.S. government agencies; states and municipalities; and equity and other. Deposits As of December 31, 2013, the company’s deposits included savings; time deposits; other interest-bearing deposits; and certificates of deposit. Strategy Primary components of the company’s strategy are to invest capital and other resources in its banking businesses and in its capital markets business. Supervision and Regulation The company is a bank holding company and financial holding company within the meaning of the Bank Holding Company Act of 1956, as amended (the BHCA), and is registered with the Board of Governors of the Federal Reserve System (the Federal Reserve or Federal Reserve Board). The company is subject to the regulation and supervision of and examination by the Federal Reserve under the BHCA. The company is required to file with the Federal Reserve annual reports and such additional information as the Federal Reserve may require pursuant to the BHCA. The company’s registered broker-dealer subsidiaries are subject to the Securities and Exchange Commission’s net capital rule, Rule 15c3-1. Certain of its subsidiaries are registered investment advisers, which are regulated under the Investment Advisers Act of 1940. The bank is a national banking association subject to regulation, examination and supervision by the Office of the Comptroller of the Currency as its primary federal regulator. The bank is insured by, and subject to regulation by, the Federal Deposit Insurance Corporation and is subject to regulation in certain respects by the Consumer Financial Protection Bureau. Competition Key traditional competitors in the company’s Tennessee-oriented markets include Regions Bank, SunTrust Bank, Wells Fargo Bank N.A., Bank of America N.A., and Pinnacle National Bank. An additional key competitor in the Mid-Atlantic markets includes Branch Banking and Trust Company. History First Horizon National Corporation was founded in 1864.
first horizon national corp
165 Madison Avenue
Memphis, TN 38103
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To contact FIRST HORIZON NATIONAL CORP, please visit www.fhnc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.