Member News

Member News

Mountain Commerce Bancorp, Inc. Reports Strong Q4 2019 Earnings

Knoxville, TN
01/27/2020 06:57 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 $3.34 million for the fourth quarter of 2019, up from $2.80 million for the fourth quarter of 2018, an increase of 19 percent.... Read more

Crown Laboratories Completes Commercial Integration Plan

Johnson City, TN
01/21/2020 02:52 PM
January 20, 2020 - JOHNSON CITY, TN Crown Laboratories announced today that is has restructured its commercial operations business units as it continues to elevate its new “Skin Science for Life” commitment.... Read more

First Horizon Releases 2019 Fourth Quarter and Full Year Financial Results

Memphis, TN
01/17/2020 06:24 PM
First Horizon National Corp. (NYSE:FHN) today announced its 2019 fourth quarter and full year financial results. The company ended a year of high returns and strong growth by announcing a merger of equals agreement with IBERIABANK Corporation and an agreement to acquire 30 branches. Fourth quarter 2019 reported earnings per share were $.37; adjusted earnings per share were $.47.
“First Horizon had a transformative year and delivered strong performance in 2019. Our momentum continued into the fourth quarter as we achieved higher returns, improved profitability, balance sheet growth, and stable credit quality,” said Bryan Jordan, chairman and CEO of First Horizon. “In 2019, we delivered on synergies created by the Capital Bank merger. Those successes provide a solid roadmap for our planned merger of equals with IBERIABANK and the acquisition of an additional 30 branches located in attractive markets in North Carolina, Virginia and Georgia. Looking ahead, I remain confident in our ability to continue to deliver on our strategic priorities, build shareholder value and serve even more customers and communities across the South.”... Read more

 
01/17/2020 10:04 AM

New First Horizon Financial Center Manager brings experience and community knowledge to his new role

Johnson City, TN
12/30/2019 04:01 PM
First Horizon Bank, a member of the First Horizon National Corp. (NYSE:FHN) family of companies, recently announced the promotion of Chris Johnson to Financial Center Manager of its Gray Financial Center.... Read more

First Horizon is prioritizing customer relationships with its new product offerings that save customers time and money

Memphis, TN
12/30/2019 10:59 AM
First Horizon Bank, the banking subsidiary of First Horizon National Corporation (NYSE:FHN), announced the launch of a promotional campaign about its new line of checking products designed to simplify and reward customers.  The bank’s three new checking products reward clients for depth and loyalty of their relationship.

The new accounts ¬— FirstView, SmartView and TotalView Checking — come with a new set of features and benefits based on how customers prefer to access their banking services. A customer may choose a savings account at no additional charge with each product, premium interest on checking balances, and additional bonus interest based on the customer’s longevity with the bank.... Read more

 
12/23/2019 11:10 AM

JCPL Celebrates 125th Anniversary in 2020

Johnson City, TN
12/18/2019 01:22 PM
2020 marks Johnson City Public Library’s 125th anniversary of service to the community. To commemorate this milestone, the Library will hold special events throughout the year, beginning with the 125th Anniversary Kick-Off on Friday, January 17 at 6:30 p.m. The event will showcase highlights from the Library’s history. As guests move throughout the Library, they will journey through the Library’s past and present, beginning with its formation in 1895. The tour will end with refreshments and door prizes and a look into future library trends.... Read more

First Horizon Named One of America's Most JUST Companies by Forbes and JUST Capital

Memphis, TN
11/15/2019 02:52 PM
First Horizon Named One of America's Most JUST Companies First Horizon National Corp. (“First Horizon”) (NYSE: FHN) recently announced that it has been named to the 2020 list of America's Most JUST Companies. First Horizon ranked 3rd overall among banks and 2nd in the financial services industry for how it delivers value to its shareholders as well as how it invests in its employees. The inclusion of First Horizon on the JUST 100 list is a recognition that financial performance and positive contributions to society can go hand-in-hand.... Read more

First Horizon National Corporation and IBERIABANK Corporation to Combine in Merger of Equals to Create a Leading Regiona

Memphis, TN
11/14/2019 04:04 PM
First Horizon National Corp. (“First Horizon”) (NYSE: FHN) and IBERIABANK Corporation (“IBERIABANK”) (NASDAQ: IBKC) today announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals.
Under the terms of the merger agreement, IBERIABANK shareholders will receive 4.584 shares of First Horizon for each IBERIABANK share they own. First Horizon shareholders will own 56% and IBERIABANK shareholders will own 44% of the combined company. Additionally, IBERIABANK shareholders will receive a 43% increase in their dividend after consummation of the transaction, based upon each company's current dividend per share.... Read more

First Horizon to Expand Branch Network in Key Growth Markets

Memphis, TN
11/14/2019 03:28 PM
First Horizon National Corp. (NYSE:FHN), SunTrust Banks, Inc. (NYSE: STI) and BB&T Corporation (NYSE: BBT) today announced that First Horizon Bank has entered into an agreement to acquire 30 branches from SunTrust Bank. As part of the agreement, First Horizon will assume approximately $2.4 billion in deposits for a deposit premium of 3.40 percent, and will purchase approximately $410 million in loans. The branch acquisition enhances the company’s presence in key growth markets such as Durham, Chapel Hill and Winston-Salem, North Carolina, as well as extends its banking footprint into additional attractive markets in Virginia and Georgia.... Read more

2020 Grant Funds Available for Nonprofits; First Horizon Foundation opens call for 2020 funding consideration

Memphis, TN
11/14/2019 02:37 PM
First Horizon Foundation is accepting Nonprofit funding requests for the 2020 grant cycle. Eligible nonprofits are encouraged to submit their funding requests for consideration.
The deadline to apply for 2020 funds is Jan. 17, 2020. Decisions will be communicated by March 31, 2020. For more information or to apply, visit https://www.firsthorizon.com/foundation.... Read more

Mountain Commerce Bancorp, Inc. Reports Strong Q3 2019 Earnings

Knoxville, TN
10/21/2019 08:19 AM
For a Twelfth Consecutive Quarter, Knoxville-Based Community Bank Posts Record Operating Earnings.... Read more

JCPL and JCSO Present "Symphony in the Stacks"

Johnson City, TN
10/16/2019 10:34 AM
Johnson City Public Library (JCPL) and Johnson City Symphony Orchestra (JCSO) will present “Symphony in the Stacks” on Wednesday, November 13 at 6 p.m. in the Library’s Jones Meeting Room. The concert is free and open to the public and is intended for an adult audience.... Read more

Friends of the Library to Hold Annual Fall Book Sale

Johnson City, TN
10/08/2019 11:08 AM
Johnson City Public Library is hosting the annual Friends of the Library Fall Book Sale from October 25-27 in the Library’s Jones Meeting Room. The sale is open to the public on Saturday, October 26 from 10 a.m.-3 p.m. and on Sunday, October 27 from 1-3 p.m.... Read more

Get Ready to be “Amazed” by Lonestar on September 14th at Niswonger Performing Arts Center

Greeneville, TN
09/10/2019 03:58 PM
Country music band Lonestar will take the stage for a one-night only performance at Niswonger Performing Arts Center on Saturday, September 14th at 7:30 p.m.... Read more

Catapult “Magic Shadows” Set to Perform at Niswonger Performing Arts Center on October 1, 7:00 p.m.

Greeneville, TN
09/10/2019 03:56 PM
From the stage of America’s Got Talent, Catapult Entertainment will bring shadows to life at the Niswonger Performing Arts Center on Tuesday, October 1st at 7:00 p.m.... Read more

Mountain Commerce Bank Announces Two Key Staff Additions

Knoxville, TN
09/09/2019 02:51 PM
In a summer that saw Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), deliver record operating earnings for the eleventh consecutive quarter, the local community bank has also made two key staff additions.... Read more

Johnson City Public Library to Host Johnson City Sessions Lectures

Johnson City, TN
08/29/2019 09:47 AM
Johnson City Public Library is hosting two lectures in September as a lead-up to the Johnson City Sessions 90th Anniversary Celebration on October 18-19. On Wednesday, September 18 at 6 p.m., ETSU professor Dr. Ted Olson will present "Tell It to Me: Revisiting the Johnson City Sessions, 1928-1929." Music historian and park ranger Corbin Hayslett will present “Shellac Soundscapes: Johnson City and the Columbia Recording Sessions” on Wednesday, September 25 at 6 p.m.... Read more

First Horizon Reports Second Quarter Results and Highlights

Memphis, TN
08/12/2019 03:59 PM
First Horizon National Corp. (NYSE:FHN) recently announced its second quarter 2019 financial results. Reported earnings per share (EPS) were $0.35, up from $0.31 in first quarter 2019; on an adjusted basis1, earnings per share were $0.42, up from $0.35 in first quarter 2019.... Read more

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