Member News

Member News

Mountain Commerce Bancorp, Inc. Announces Strong Earnings for Third Quarter 2017

Knoxville, TN
10/23/2017 08:53 AM
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 $1.775 million for the third quarter of 2017, a 59 percent increase compared with $1.116 million for the third quarter of 2016.... Read more

First Horizon continues to gain momentum, demonstrates strong progress in 3Q17

Memphis, TN
10/13/2017 09:05 AM
Profitability and momentum remained strong, generating solid financial results in the third quarter at First Horizon National Corp. (NYSE:FHN). Earnings per share increased 7 percent year over year. Net interest income was up 13 percent, driven by average total loan growth of 6 percent and growth in higher-return specialty areas such as loans to mortgage companies and asset-based lending. In the regional bank, average deposits were up 8 percent, revenue increased by 7 percent and First Tennessee maintained its number one deposit market share position in the state of Tennessee. Consolidated net interest margin expanded to 3.19 percent from 2.96 percent and returns and profitability improved with higher return on tangible common equity (ROTCE) and return on assets (ROA). Credit quality trends remain stable.... Read more

First Tennessee contributes support to Keystone Dental

Johnson City, TN
10/06/2017 09:42 AM
First Tennessee is proud to support the efforts of Keystone Dental in Johnson City, a nonprofit that provides basic dental care to adults.
Dr. Jerry Leger, Bob Powell and Lisa Eggers of Keystone Dental receive a check from Donna Shipley, First Tennessee Financial Center Manager and Keystone Dental board member, and Gerald Hallenback, First Tennessee's Northeast Tennessee regional president.... Read more

FTB Advisors announces new financial advisor

Johnson City, TN
10/05/2017 12:21 PM
JOHNSON CITY, Tenn. –  FTB Advisors has named Derek Brown as a new financial advisor in Johnson City. Brown has worked in the financial services industry since 2006 and will focus on providing retirement income planning. He holds a Bachelors Degree from the University of Tennessee, Knoxville in addition to licenses for FINRA Series 7, 24, and 66 and Life and Health Insurance.... Read more

First Tennessee Bank, Pinnacle Financial Partners resolve litigation

Memphis, TN
09/27/2017 05:08 PM
First Tennessee Bank and Pinnacle Financial Partners are pleased to announce that they have resolved the dispute that led to a lawsuit. Terry Turner, CEO of Pinnacle, stated, “I deeply regret that this came about and that anything we did may have caused it.” There will be no further comment from either bank.
About First Tennessee Bank
First Tennessee, the largest bank headquartered in Tennessee, was founded in 1864 and has the 14th oldest national bank charter and one of the highest customer retention rates of any bank in the country. The American Banker named First Tennessee No. 5 on its list of the Top 10 Most Reputable U.S. Banks. The FTB Advisors wealth management group has 316 financial advisors and $28.5 billion in assets under administration. First Tennessee, FTN Financial and FTB Advisors are part of First Horizon National Corp. (NYSE:FHN), which has 4,300 employees. First Horizon has been recognized as one of the nation's best employers by Working Mother and American Banker. More information is available at www.FirstTennessee.com.
About Pinnacle Financial Partners
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm earned a place on Fortune’s 2017 list of the 100 Best Companies to Work For in the U.S., Fortune Best Workplaces for Women and American Banker recognized Pinnacle as the sixth-best bank to work for in 2017. The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $20.9 billion in assets as of June 30, 2017. Pinnacle operates in 11 primarily urban markets in Tennessee, the Carolinas and Virginia. Additional information concerning Pinnacle, which is included in the NASDAQ Financial-100 Index, can be accessed at www.pnfp.com.... Read more

Jerry B. Beal Joins Mountain Commerce Bank as Vice President, Relationship Manager and Private Banker in Johnson City

Knoxville, TN
09/26/2017 08:27 AM
Jerry B. Beal Joins Mountain Commerce Bank as Vice President, Relationship Manager and Private Banker based at Bristol Highway Branch in Johnson City... Read more

First Tennessee releases 2017 Restaurant Review; Report lists dining trends, Top 100 chains

Memphis, TN
08/31/2017 02:30 PM
Chicken and snack chains outperformed all other segments in year-over-year comparisons and fast casual has changed the restaurant industry landscape since 2007, according to First Tennessee’s Franchise Finance 2017 Restaurant Review.  The annual review of the restaurant industry is published by First Tennessee Bank, the regional bank of First Horizon National Corp. (NYSE: FHN).  
The nation’s Top 100 restaurant chains accounted for nearly half of total restaurant sales last year, and quick-service restaurants continued to steal market share from full-service restaurants. Consumer spending increased for the seventh consecutive year.... Read more

Grammy® Award Winner Michael Bolton Takes the Stage at the Niswonger Performing Arts Center on September 14th

Greeneville, TN
08/29/2017 05:05 PM
Get ready for a spectacular evening of memorable pop rock ballads when the Niswonger Performing Arts Center welcomes Grammy® Award winner Michael Bolton to the stage. Bolton will perform to a sold out crowd on Thursday, September 14th at 7:30 PM.... Read more

2017 Veterans Stand Down Resource Fair

Johnson City, TN
08/18/2017 08:55 AM
Veterans Resource Fair seeks agencies to participate... Read more

Local 2017 United Way Campaign Kickoff

Johnson City, TN
08/11/2017 08:59 AM
United Way of Washington County TN invites community to join a pep rally kicking off local campaign.... Read more

General Shale to Honor Local Educators at Fourth Annual History & Hero Night

Johnson City, TN
08/03/2017 08:39 AM
General Shale is teaming up with the Johnson City Cardinals to honor local teachers and educators during the Cardinals’ matchup with the Princeton Rays at 7 p.m. on Friday, Aug. 4.... Read more

General Shale Wins Industry Awards for Brick in Architecture Projects

Johnson City, TN
07/31/2017 02:34 PM
Two projects featuring General Shale products have been recognized by the Brick Industry Association (BIA) as winners in the 2017 Brick in Architecture awards competition.... Read more

Mountain Commerce Bancorp, Inc. Announces Strong Earnings for Second Quarter 2017

Knoxville, TN
07/24/2017 11:53 AM
KNOXVILLE, TN — July 22, 2017 — 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 $1.475 million for the second quarter of 2017, a 32 percent increase compared to $1.116 million for the second quarter of 2016. Earnings per fully diluted share for the quarter ended June 30, 2017 totaled $0.24 versus $0.28 for the same period in 2016.... Read more

Mullican Flooring Announces New, American-Made Engineered Collections

Johnson City, TN
07/17/2017 12:32 PM
Mullican Flooring, a leading manufacturer of quality hardwood floors, has expanded its American-made engineered product line with two new collections, Wexford and Nature.... Read more

First Tennessee ranks among Top 10 Most Reputable U.S. Banks

Memphis, TN
07/13/2017 02:02 PM
A new report from American Banker, the premier newspaper focused on the banking industry, ranks the U.S. banks with the best reputations and First Tennessee comes in at No. 5.
First Tennessee ranks second on the list of most reputable banks among customers and sixth among non-customers. First Tennessee also ranks in the top five overall in every dimension of reputation – citizenship, ethics/integrity, innovation, leadership, performance, products and services, and workplace.... Read more

Mullican Flooring Announces Partnership with Summit Flooring Supply

Johnson City, TN
07/05/2017 04:08 PM
Mullican Flooring, a leading manufacturer of quality hardwood floors, has announced a new partnership with Summit Flooring Supply, a prominent installation and supply company with locations throughout the Midwest.... Read more

25th Annual Week of Caring Kicked Off

Tri-Cities, TN
06/19/2017 02:58 PM
Week of Caring is an annual event during which volunteers across the region from local businesses and organizations demonstrate their care for our communities by partnering with nonprofits to complete projects during the week that improve facilities and/or provide direct services to clients. This year, over 200 such projects will occur, with 30 in Bristol, 6 in Carter County/Elizabethton, 151 in Greater Kingsport, and 14 in Washington County, TN. Participation in the Week of Caring builds company pride, understanding of community needs, and a renewed willingness to financially support local United Way campaigns. The Week of Caring has been a tradition since 1992.... Read more

Mountain Commerce Bank Promotes Pair to Regulatory Oversight Roles

Knoxville, TN
06/09/2017 09:03 AM
Mountain Commerce Bank (OTCQX: MCBI) today announced the promotions of two staff members to key regulatory oversight positions. Phillip G. Wampler has been elevated to senior vice president and chief compliance officer, and Kelli R. Harris has been appointed as vice president, Banking Secrecy Act and anti-money laundering (BSA/AML) officer.... Read more

Regenia B. Ellis Receives Mountain Commerce Bank’s Esteemed Stuart E. Wood Jr. Memorial Award

Knoxville, TN
06/01/2017 01:32 PM
The board of directors of Mountain Commerce Bank (OTCQX: MCBI) today announced that Regenia B. Ellis, the bank’s vice president and corporate secretary, has been selected to receive the prestigious Stuart E. Wood Jr. Memorial Award in recognition of her commitment to the values of integrity, leadership and excellence.... Read more

City of Johnson City Receives TN Sustainable Transportation Award

Johnson City, TN
05/25/2017 08:42 AM
The Tennessee Department of Environment and Conservation (TDEC), in partnership with the Tennessee Department of Transportation (TDOT), announced today the winners of the 2017 Tennessee Sustainable Transportation Awards.... Read more

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