Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank, reported consolidated net income of $2.449 million for the second quarter of 2018.... Read more

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First Horizon (NYSE:FHN) today announced second quarter 2018 results with reported earnings per share (EPS) of $0.25; on an adjusted basis, earnings per share were $0.36.1

“Our second quarter results demonstrate continued progress towards our goal of building a strong, differentiated and leading bank in the Southeast,” said Bryan Jordan, First Horizon’s chairman and CEO. “The current operating environment remains favorable, and we’re pleased with the strong momentum and customer activity we have seen across our portfolio, especially in our attractive high return specialty businesses. We believe First Horizon is well-positioned to deliver sustainable top-quartile returns and capitalize on our compelling growth and savings opportunities.”... Read more

On June 30, the First Tennessee Foundation will mark its 25th anniversary of supporting the nonprofit organizations in the communities we serve. To celebrate this milestone, and introduce  our foundation as the Capital Bank Foundation in our Mid-Atlantic communities, we’re launching a video contest and distributing $250,000 in grants to nonprofits in our communities in Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia.... Read more

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2018 Pinnacle Award Winners... Read more

First Horizon National Corp. (NYSE:FHN) has been named to the Forbes “America’s Best Midsize Employers” list. The recognition, based on employee feedback, honors American companies that employ at least 1,000 workers in their U.S. operations.... Read more

NFS Career Fair May 10th-11th... Read more

Jenn Owen has joined First Tennessee Bank as a Senior Vice President and Commercial Relationship Manager in Johnson City, providing a full range of banking services to commercial businesses with an emphasis on client contact, sales, and service. She has resided in Johnson City since 2012.... Read more

Annual campaign gears up for 2018... Read more

Hands On! Museum will be relocating to the Gray Fossil Site and re-opening as the Hands On! Discovery Center on June 14th.... Read more

First Tennessee has committed to operate a HOPE Inside location at its Kingsport main financial center at 235 East Center St. A grand opening of the new office was held on April 19.... Read more

Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), reported consolidated net income of $2.327 million for the first quarter of 2018, a 76 percent increase over the comparable period in 2017.... Read more

Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), reported consolidated net income of $2.327 million for the first quarter of 2018, a 76 percent increase over the comparable period in 2017.... Read more

First Horizon (NYSE:FHN) demonstrated strong first quarter 2018 results, driven by year-over-year loan and deposit growth, higher revenues, improvement in the efficiency ratio and good asset quality trends. Reported earnings per share (EPS) were $0.27, up 17 percent from first quarter 2017; on an adjusted basis1, earnings per share were $0.34. First Horizon enhanced profitability with an increase in return on tangible common equity and return on assets.

The Capital Bank merger, which resulted in a $40 billion organization with more than 300 branches throughout the Southeast, is contributing to overall earnings. The merger is on track with cost savings and revenue synergies, and the systems conversion is scheduled for later this quarter.

“I am pleased with our strong first quarter results and am optimistic about our outlook for the remainder of the year,” said Bryan Jordan, First Horizon’s chairman and CEO. “First Tennessee and Capital Bank employees continue to deliver exceptional differentiated services and solutions to our customers and our preparations remain on track for the integration of Capital Bank in the second quarter.”... Read more

Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB) announced today that it had refinanced its existing senior-secured revolving credit facility.... Read more

First Tennessee Bank and Capital Bank,  members of the First Horizon National Corp. (NYSE:FHN) family of companies, today announced a five-year, $3.95 billion community benefit plan to increase access to financial resources within low- to moderate-income (LMI) communities in Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
The plan includes mortgage and small business lending, community development lending and investments, philanthropy, and spending with minority-owned suppliers and marketing firms. It also includes innovative methods to increase the convenience and physical access to financial services in low- to moderate-income communities.  
“Our company is dedicated to supporting the success of underserved individuals and strengthening communities across our footprint,” said Bryan Jordan, chairman and CEO of First Horizon National Corp. “We believe our new $4 billion investment will take our longstanding community commitment to the next level by spurring growth and sustainable economic development.”... Read more

First Tennessee Bank has announced a new Kingsport community president, David Reynolds.
First Tennessee’s Northeast Tennessee Market President Gerald Hallenbeck shared the news in a prepared statement. “I am excited to announce that David Reynolds has been named First Tennessee Bank’s Kingsport community president. David’s leadership and community involvement have been critical to First Tennessee’s growth in the Kingsport market. As Kingsport community president, David will lead our team of outstanding bankers as they continue to help the businesses and families of Kingsport reach their financial goals.”... Read more

Nuclear Fuel Services (NFS) has a new logo to better reflect its relationship with BWX Technologies, Inc. (BWXT), which owns a number of different nuclear manufacturing sites in the U.S. and Canada. NFS has been a part of the BWXT family since 2008.... Read more

LYNCHBURG, Virginia – BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options with BWXT subsidiary Nuclear Fuel Services, Inc. (NFS) totaling more than $151 million for fuel manufacture, development activities and decommissioning work in support of the nation’s nuclear submarines and aircraft carriers.... Read more