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 - March 29, 2025

SAVINGS RATES APY MIN
SAV
0.25% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.10% $1,000 Compare
12 Mo CD
0.10% $1,000 Compare
24 Mo CD
0.10% $1,000 Compare
36 Mo CD
0.10% $1,000 Compare
48 Mo CD
0.10% $1,000 Compare
60 Mo CD
0.10% $1,000 Compare
MM RATES APY MIN
Money Market
0.70% $50,000 Compare
Money Market
1.00% $100,000 Compare

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4977
Date Established 1864
Assets $ 82.36 billion
Loans $ 62.12 billion
Deposits $ 67.40 billion
Capital $ 9.03 billion

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions $ 2.31 billion
Interest-bearing balances $ 1,285.56 million
Total securities $ 9.57 billion
Federal funds sold and reverse repurchase $ 1,007.52 million
Net loans and leases $ 62.12 billion
Loan loss allowance $ 822.79 million
Trading account assets $ 1,681.24 million
Bank premises and fixed assets N.A.
Other real estate owned $ 4.41 million
Goodwill and other intangibles $ 1,671.33 million
All other assets $ 2.86 billion
     Total Assets $ 73.33 billion

LIABILITIES
Total deposits $ 67.40 billion
      Interest-bearing deposits $ 50.37 billion
      Deposits held in domestic offices $ 67.40 billion
      % insured (estimated)" 61.33%
Federal funds purchased and repurchase agreements $ 1,910.50 million
Trading liabilities $ 941.39 million
Other borrowed funds $ 393.47 million
Subordinated debt $ 494.82 million
All other liabilities $ 1,552.12 millionn
      Total Liabilities $ 73.33 billion
      Shareholders’ Equity $ 9.03 billion

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income $ 3.29 billion
Total Interest Expense $ 1,382.13 million
Net interest income $ 1,912.73 million
Provision for loan and lease losses $ 140.00 million
Total non interest income $ 554.16 million
Total non interest expense $ 1,452.09 million
Pre-tax Net Operating Income $ 554.07 million

Customer Reviews for First Horizon Bank (1)

Rated 1.00 stars out of 5 - based on 1 reviews

  • Amataur outfit - stay away

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Branches

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First Horizon Bank Locations

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