First Horizon Bank
Memphis, Tennessee, Shelby County
$84.1B in total assets, the 39th largest of 4,309 US banks and 2nd of 109 headquartered in Tennessee.
- FDIC certificate
- 4977
- Established
- 1864
- Owned by
- First Horizon Corp
- Primary regulator
- FED
- Website
- www.firsthorizon.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $84.1B | 96% | $22.4B | |
| Loans | $65.8B | 98% | $14.4B | |
| Deposits | $68.8B | 96% | $18.0B | |
| Return on assets | 1.41% | 65% | 1.29% | |
| Net interest margin | 3.55% | 44% | 3.62% | |
| Efficiency ratio | 55.1% | 48% | 55.2% | |
| Equity to assets | 11.19% | 43% | 11.60% | |
| Loans to deposits | 96% | 79% | 87% |
Growth
Total assets grew -0.8% a year over the last 5 years and 11.9% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2020 | Iberiabank Lafayette, LA | $34.6B |
| Nov 2017 | Capital Bank Corporation Raleigh, NC | $10.1B |
| Oct 2015 | TrustAtlantic Bank Raleigh, NC | $405M |
| Jun 2013 | Mountain National Bank Sevierville, TN | $437M |
| Aug 2007 | Centerville State Bank Centerville, KS | $5M |
| Jul 2006 | The State Bank Rocky Ford, CO | $21M |
| Dec 2005 | Town and Country Bank of the Ozarks Republic, MO | $54M |
| Aug 2005 | First National Bank West Metro Dallas, GA | $134M |
| Jul 2005 | United Bank and Trust Company Saint Petersburg, FL | $619M |
| Nov 2001 | Peoples Bank Senatobia, MS, an affiliate under the same holding company | $126M |
| Mar 2001 | Cleveland Bank and Trust Company Cleveland, TN, an affiliate under the same holding company | $266M |
| Dec 1998 | First Tennessee Bank National Association Mississippi Southaven, MS, an affiliate under the same holding company | $68M |
| Feb 1995 | Community First Bank Germantown, TN | $255M |
| Jun 1993 | Home Federal Bank, FSB Johnson City, TN, an affiliate under the same holding company | $824M |
| Sep 1991 | Valley Fidelity Bank and Trust Company Knoxville, TN | $553M |
| Jan 1991 | Lebanon Bank Lebanon, TN, an affiliate under the same holding company | $139M |
| Oct 1990 | First National Bank of Jackson Jackson, TN | $74M |
| Jul 1986 | Farmers' Bank Trimble, TN | $21M |
| Sep 1984 | First Tennessee Bank Maryville, TN, an affiliate under the same holding company | $217M |
| Sep 1984 | First Tennessee Bank, Knoxville, Tennessee Knoxville, TN, an affiliate under the same holding company | $707M |
| Sep 1984 | First Tennessee Bank Dandridge, TN, an affiliate under the same holding company | $41M |
| Aug 1984 | First Tennessee Bank, Gallatin, Tennessee Gallatin, TN, an affiliate under the same holding company | $39M |
| Aug 1984 | First Tennessee Bank N.A. Cookeville Cookeville, TN, an affiliate under the same holding company | $109M |
| Aug 1984 | First Tennessee Bank National Association Franklin Franklin, TN, an affiliate under the same holding company | $137M |
| Aug 1984 | First Tennessee Bank N.A. Murfreesboro Murfreesboro, TN, an affiliate under the same holding company | $46M |
| Aug 1984 | First Tennessee Bank N.A. Nashville Nashville, TN, an affiliate under the same holding company | $99M |
| Jun 1984 | First Tennessee Bank N.A. Chattanooga Chattanooga, TN, an affiliate under the same holding company | $572M |
| May 1984 | First Tennessee Bank N.A. Kingsport/Bristol Kingsport, TN, an affiliate under the same holding company | $98M |
| May 1984 | First Tennessee Bank, Morristown, Tennessee Morristown, TN, an affiliate under the same holding company | $59M |
| May 1984 | First Tennessee Bank, Mosheim, Tennessee Mosheim, TN, an affiliate under the same holding company | $27M |
| May 1984 | First Tennessee Bank, Jonesboro, Tennessee Jonesboro, TN, an affiliate under the same holding company | $123M |
| Mar 1984 | First Tennessee Bank, Dyersburg, Tennessee Dyersburg, TN | n/a |
| Mar 1984 | First Tennessee Bank, Jackson, Tennessee Jackson, TN | n/a |
Where they operate
409 branches in 125 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Shelby County, TN | $17.0B | 47.0% | 1 of 33 |
| Miami-dade County, FL | $3.9B | 1.8% | 13 of 58 |
| Knox County, TN | $3.7B | 19.5% | 1 of 31 |
| Davidson County, TN | $2.8B | 4.2% | 5 of 35 |
| Hamilton County, TN | $2.6B | 20.8% | 1 of 23 |
| Lafayette County, LA | $2.0B | 21.9% | 1 of 31 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 229 branches since 2016 (180 to 409, +127.2%). 37 opened, 328 acquired, 136 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 180 | |||
| 2016 | Opened Arlington and HoustonClosed 16 in 4 states | 2 | 16 | −14 | 166 |
| 2017 | Acquired Capital Bank CorporationOpened Brentwood and Charlotte, closed Franklin | 139 | 1 | +138 | 304 |
| 2018 | Closed 8 in Tennessee | 0 | 8 | −8 | 296 |
| 2019 | Closed 24 in 4 states | 0 | 24 | −24 | 272 |
| 2020 | Acquired IberiabankOpened Nashville, closed Nashville and Orlando | 192 | 2 | +190 | 462 |
| 2021 | Opened 30 in 3 statesClosed 65 in 9 states | 30 | 65 | −35 | 427 |
| 2022 | Closed 10 in 2 states | 0 | 10 | −10 | 417 |
| 2023 | Opened St. Simons Island | 1 | 0 | +1 | 418 |
| 2024 | Opened HoustonClosed Houston | 1 | 2 | −1 | 417 |
| 2025 | Closed 4 in 3 states | 0 | 4 | −4 | 413 |
| 2026 through Q2 | Closed 4 in 3 states | 0 | 4 | −4 | 409 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 26% | 25% | |
| Business (C&I) | 25% | 17% | |
| 1-4 family residential | 22% | 21% | |
| Multifamily | 6% | 8% | |
| Construction and land | 2% | 6% | |
| Consumer | 1% | 10% | |
| Other | 19% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 62% | |
| Noninterest-bearing | 24% | 20% | |
| Time deposits | 15% | 18% |
Brokered deposits are 11.4% of deposits (peers 7.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.82% | 0.63% |
| Net charge-offs, annualized | 0.19% | 0.14% |
| Reserves to loans | 1.08% | 1.15% |
| Leverage ratio | 10.32% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Shelby County, TN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-horizon