Bailout Bank Bio: First Horizon National

Nov 18, 2008 | 2 min read | Print Article

First Horizon National Corporation is a holding company for First Tennessee Bank National Association and other banking-related subsidiaries. In February 2008, Sterling Bancshares, Inc.'s subsidiary, Sterling Bank, completed the acquisition of 10 bank branches located in the Dallas and Fort Worth areas from First Horizon National Corp. As of the end of 2007, First Tennessee Bank had approximately 500 business locations in 42 U.S. states and Hong Kong; and 216 financial centers in 6 states. According to its website, First Horizon National Corporation is one of the top 30 bank holding companies in the U.S.

First Horizon National Corporation has received $866 million from the Treasury Department’s Capital Purchase Program.

Resources

Financial Documents | Federal contracts | Lobbying reports
Political Contributions | Related Articles | Bank Bio Chart

►Financial Documents

2008-11-17 First Horizon 8-K

2008-09-30 First Horizon10-Q

2008 First Horizon Proxy

2007 First Horizon Annual Report

►Federal contracts

USAspending.gov (last accessed 03/26/2009)

►Lobbying reports (if any)

Third Quarter 2008

No lobbying records found

►Political Contributions

Center for Responsive Politics (Last Accessed 11/18/08).

►Related Articles

November 18, 2008 List Of Cos Planning To Participate In US Govt's TARP CNNMoney

November 18, 2008 First Horizon receives $866M from feds Bizjournals.com

November 18, 2008 First Horizon receives government investment CNNMoney

November 17, 2008 Foreclosure Group Looks to Fight Back Memphis Daily News

November 17, 2008 Capital, First Horizon say they have Treasury approval Winston-Salem Journal

November 14, 2008 Area Banks Could Accept Federal Help Memphis Daily News, USA – Nov 14, 2008

October 27, 2008 First Horizon to receive $866M Treasury investment CNNMoney

Bailout Bank Bio: First Horizon National


Federal Equity Investment	$866 million
Total Revenue	$3.17 billion (2007) $3.13 billion (2008)
Net Income (Loss)	($170.1 million) (2007) ($192.0 million) (2008)
Number of Employees	6,000
Corporate Headquarters	Memphis, Tennessee
Business Sector	Financial
Officers and Directors	D. Bryan Jordan, President, Chief Executive Officer, Principal Executive Officer, Director of the Company and Bank Gerald L. Baker, Vice Chairman of the Board Thomas C. Adams Jr., Interim CFO, EVP, Chief Investment Officer, Treasurer, Funds Management Manager
Corporate Website	www.fhnc.com
Executive Compensation	First Horizon National