Member News

Member News

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

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

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