Member News

Member News

First Horizon National Corporation promotes John Sergent with expanded Retail banking responsibilities

Knoxville, TN
07/29/2020 11:42 AM
First Horizon National Corp. ("First Horizon") (NYSE: FHN) has promoted John Sergent with expanded banking center responsibilities. In addition to leading First Horizon’s banking centers in East, Northeast, and Southeast Tennessee, Sergent will now also lead the Community banking center teams in Sevier County, Cleveland, Cookeville, Greeneville, Morristown, Jackson, and Western North Carolina.... Read more

Jimmy Martin Named Senior Credit Officer of First Horizon Bank

Memphis, TN
07/22/2020 09:55 AM
First Horizon Bank today announced that Jimmy Martin has been named Senior Credit Officer for east Tennessee.

Martin has been with First Horizon Bank for 22-years.  His experience includes roles as
portfolio manager and team lead in Chattanooga. In his new role, he will also work with clients in Bristol, Johnson City, Knoxville, and Maryville.... Read more

First Horizon National Corp. Reports Second Quarter EPS of $0.17 with Adjusted EPS of $0.20**

Memphis, TN
07/17/2020 04:15 PM
First Horizon National Corp. (NYSE:FHN or “First Horizon”) today reported second quarter net income available to common shareholders (“NIAC”) of $52 million, or $0.17 per share, up from $12 million and $0.04 per share in first quarter 2020.  Adjusted NIAC, excluding certain notable items, was $64 million, or $0.20 per share, compared with $17 million and $0.05 per share in first quarter 2020.... Read more

Mountain Commerce Bancorp, Inc. Completes $10 Million Subordinated Debt Offering

Knoxville, TN
07/15/2020 04:56 PM
Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced the completion of an offering of $10 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the “Notes”) to certain institutional accredited investors. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, but not be limited to, funding corporate growth, repaying outstanding indebtedness and supporting the capital of the Bank.... Read more

First Horizon National Corporation and IBERIABANK Corporation Complete Merger of Equals

Memphis, TN
07/01/2020 05:27 PM
First Horizon National Corp. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced completion of their previously announced all-stock merger of equals. The combined company, with $79 billion in assets, $60 billion in deposits and $58 billion in loans as of March 31, 2020, will be headquartered in Memphis, Tennessee and operate under the First Horizon name.... Read more

First Horizon National Corporation and IBERIABANK Corporation Receive Regulatory Approvals for Merger of Equals

Memphis, TN
06/15/2020 07:48 PM
First Horizon National Corp. ("First Horizon") (NYSE: FHN) and IBERIABANK Corporation ("IBERIABANK") (NASDAQ: IBKC) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete their previously announced all-stock merger of equals. Upon completion of the merger, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the United States, in deposits. The Companies expect the merger to be completed on July 1, 2020, pending customary closing conditions.... Read more

Mountain Commerce Bank Lands At #43 On American Banker Magazine’s Annual List Of Top 200 Publicly Traded Community Banks

Knoxville, TN
06/12/2020 06:45 AM
Mountain Commerce Bancorp, Inc. (OCTQX: MCBI) announced today that—for the second consecutive year—its subsidiary, Mountain Commerce Bank (MCB), earned a place among the top 200 publicly traded community banks in the United States as determined by American Banker magazine.... Read more

First Horizon Named One of the 2020 Best Companies for Multicultural Women

Memphis, TN
05/21/2020 06:24 PM
First Horizon National Corp. (NYSE:FHN) has been named one of the 2020 Best Companies for Multicultural Women by Working Mother magazine—an honor recognizing companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States.... Read more

Milligan College will make transition to Milligan University June 1

Milligan College, TN
05/14/2020 07:54 AM
Milligan College to become Milligan University... Read more

First Horizon National Corp. Provides an Update on Small Business Administration’s Paycheck Protection Program

Memphis, TN
05/12/2020 11:29 AM
First Horizon National Corp. (NYSE:FHN) recently announced that First Horizon Bank has helped more than 13,000 small businesses secure loans totaling approximately $2.1 billion through the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). These PPP loans will help sustain nearly 300,000 jobs at businesses in communities across its network. In addition, approximately 22% of the loans secured went to women-owned, minority-owned and low- to moderate-income tract designated businesses.... Read more

First Horizon National Corporation Receives Shareholder Approval for Merger of Equals

Memphis, TN
04/27/2020 06:11 PM
First Horizon National Corp. ("First Horizon") (NYSE: FHN) today announced receipt of shareholder approval for its previously announced all-stock merger of equals with IBERIABANK Corporation (“IBERIABANK”). The shareholders of each company approved the merger at special meetings held on April 24, 2020. Upon completion of the transaction, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the U.S. in deposits. The companies expect the merger to close in the second quarter of 2020, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.... Read more

Mountain Commerce Bancorp, Inc. Announces First Quarter 2020 Results

Knoxville, TN
04/27/2020 12:10 PM
Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the holding company for Mountain Commerce Bank, today announced earnings and related data as of and for the three months ended March 31, 2020.... Read more

First Horizon Reports First Quarter Results and Highlights

Memphis, TN
04/21/2020 12:06 PM
First Horizon National Corp. (NYSE:FHN) today announced its first quarter 2020 financial results. The company’s loans to mortgage companies and fixed income businesses were key contributors for the first quarter. Reported earnings per share (EPS) were $0.04, reflecting a significant increase in provision expense. First Horizon recorded provision for loan losses of $145 million, an increase of $135 million from 4Q19, primarily driven by a sudden, steep decline in the economic forecast in the later part of the quarter following widespread societal responses to the COVID-19 pandemic. Effective January 1, 2020, First Horizon adopted Accounting Standards Update (ASU) 2016-13 (CECL).... Read more

First Horizon Foundation Donates $2.5 Million to Support COVID-19 Relief Efforts throughout its Communities

Memphis, TN
03/31/2020 01:28 PM
First Horizon Foundation announced today that it is donating $2.5 million in support of COVID-19 emergency relief efforts to nonprofit organizations throughout its footprint. The funding will be distributed to select organizations that provide meal, educational and emergency assistance relief in Florida, North Carolina, South Carolina, Tennessee, and Texas.... Read more

JCPL Closes Wednesday, March 18 Until Further Notice

Johnson City, TN
03/17/2020 11:30 AM
Following guidance from the White House coronavirus task force, Johnson City Public Library will close on Wednesday, March 18 until further notice. This closure includes the cancelation of all events occurring at the Library. The Library is taking this step to ensure the health and safety of its users and employees.... Read more

Mountain Commerce Bancorp, Inc. Taps David A. Bright for CFO Role

Knoxville, TN
03/06/2020 12:33 PM
Mountain Commerce Bancorp, Inc. Taps David A. Bright for CFO Role... Read more

Johnson City Public Library to Host Bi-Weekly Community Sing-Alongs

Johnson City, TN
02/20/2020 04:28 PM
Johnson City Public Library is partnering with a local group of singing enthusiasts for biweekly community sing-alongs. Beginning on Wednesday, March 4, these gatherings will meet in the Library’s Jones Meeting Room on the first and third Wednesdays of every month from 6:30-7:45 p.m. The sing-alongs are open to the public of all ages, including children. People of any singing skill level are encouraged to attend; no prior experience, practice or preparation are needed.... Read more

Johnson City Public Library to Hold “Breakerspace” Workshop

Johnson City, TN
02/18/2020 02:55 PM
Johnson City Public Library will hold a “breakerspace” workshop on Tuesday, March 10 from 6-7:30 p.m. Donated technology items will be available for people ages 10 and older to disassemble and repurpose. Experts will be on hand to teach participants the safest ways to dismantle the pieces, explain how they work and share ideas for repurposing them. Registration is required and can be completed by contacting Youth Services at (423) 434-4458 or signing up at the Library.... Read more

JCPL to Host ETSU's Dr. Daryl Carter for "African Americans and the Vote" Lecture

Johnson City, TN
02/10/2020 09:23 AM
Johnson City Public Library will host Dr. Daryl Carter, an associate professor of history at ETSU, on Thursday, February 20 at 6:30 p.m. for a lecture entitled “African Americans and the Vote.” Dr. Carter will speak about American politics in the 20th and 21st centuries, with a special emphasis on civil rights and voting rights.... Read more

Johnson City Public Library and JRH Brewing Partner for “Titles on Tap”

Johnson City, TN
02/06/2020 03:09 PM
Johnson City Public Library and JRH Brewing are partnering for “Titles on Tap” on Tuesday, February 18 at 6:30 p.m. The event will be held at JRH Brewing. Three JCPL librarians will be on site with book “flights,” or selections of diverse titles and genres. Attendees can sample and discuss the books with the librarians, then check out titles they like right there at the brewery.... Read more

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