Banks | First Horizon Bank

First Horizon Bank

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First Horizon Bank is an FDIC insured institution headquartered at 165 Madison Ave, Memphis, TN 38103.
It was founded in 1864 and has approximately $82 billion in assets. Customers can open an account at one of its 372 branches.

Deposit Rates - October 30, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4977
Date Established 1864
Assets $ 81.94 billion
Loans $ 62.44 billion
Deposits $ 65.40 billion
Capital $ 8.85 billion

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 2.42 billion
Interest-bearing balances $ 1,452.21 million
Total securities $ 9.26 billion
Federal funds sold and reverse repurchase $ 487.23 million
Net loans and leases $ 62.44 billion
Loan loss allowance $ 820.95 million
Trading account assets $ 1,427.16 million
Bank premises and fixed assets N.A.
Other real estate owned $ 4.40 million
Goodwill and other intangibles $ 1,681.77 million
All other assets $ 2.86 billion
     Total Assets $ 73.08 billion

LIABILITIES
Total deposits $ 65.40 billion
      Interest-bearing deposits $ 48.45 billion
      Deposits held in domestic offices $ 65.40 billion
      % insured (estimated) 59.72%
Federal funds purchased and repurchase agreements $ 2.57 billion
Trading liabilities $ 665.78 million
Other borrowed funds $ 393.47 million
Subordinated debt $ 494.72 million
All other liabilities $ 1,552.12 millionn
      Total Liabilities $ 73.08 billion
      Shareholders’ Equity $ 8.85 billion

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 2.17 billion
Total Interest Expense $ 897.61 million
Net interest income $ 1,275.88 million
Provision for loan and lease losses $ 105.00 million
Total non interest income $ 362.05 million
Total non interest expense $ 962.53 million
Pre-tax Net Operating Income $ 554.07 million

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  • Amataur outfit - stay away

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