Olive Oil Divine awarded KOSBE "Excellence In Retail"
Johnson City, TN
12/29/2017 10:42 AM
The KOSBE Excellence In Retail Award promotes economic impact for the Tri-Cities by recognizing Olive Oil Divine as leading by example and making an extraordinary contribution to the communities they do business in. Olive Oil Divine exemplifies leadership and excellence in overcoming adversity, and a passion for helping others succeed. Olive Oil Divine serves as an inspirational leader to other local small businesses, and they model best practices that will progress the region as a whole.... Read more
First Horizon announces bonus for employees
12/22/2017 02:32 PM
Following a year of impressive performance by First Horizon National Corp. (NYSE:FHN), and in connection with recent tax reform efforts, First Horizon is offering bonuses to employees.
First Horizon will distribute $1,000 bonuses to eligible employees in January. The one-time payouts will be offered to employees who do not participate in company-sponsored bonus plans.... Read more
First Tennessee earns awards for best brand
12/15/2017 11:37 AM
First Tennessee Bank has received multiple national awards for its differentiated brand from Greenwich Associates as part of the group’s 2017 Greenwich Best Brand Awards.
In evaluating more than 750 banks, Greenwich Associates identified a select group of banks that performed at differentiated levels compared to peer institutions at the national level. First Tennessee won four awards recognizing its top evaluations from clients.... Read more
First Horizon National Corp. Completes Acquisition of Capital Bank Financial Corp.
12/01/2017 10:45 AM
First Horizon National Corporation (NYSE: FHN) announced today that it completed its acquisition of Capital Bank Financial Corp. (“Capital Bank Financial”). Effective November 30, 2017, Capital Bank Financial merged into First Horizon, and its subsidiary, Capital Bank Corporation, merged into First Tennessee Bank National Association.... Read more
First Tennessee presents 2017 contribution to United Way of Washington County
Johnson City, TN
12/01/2017 10:35 AM
First Tennessee recently presented the United Way of Washington County, TN with a contribution from its employees and its corporate contribution for the 2017 year. Pictured left to right: Michael Estes (2017 United Way Campaign Chair), Yvette Bryan (FTB Advisors Investment Officer and United Way Board Member), Jerome Julian (President and CEO of United Way), and Gerald Hallenbeck (First TN Northeast TN president).... Read more
First Tennessee, Red Rock Advisors partner to bring value to clients
11/15/2017 05:07 PM
First Tennessee Bank, the regional bank of First Horizon National Corp. (NYSE:FHN), is adding a new set of resources to more comprehensively serve their business owner clients by partnering with Red Rock Advisors, an advisory firm specializing in business transition planning.
“We’ve worked with the Red Rock Advisors team for a number of years and have a high level of confidence in the expertise they will bring in assisting our business owner clients,” said Rhomes Aur, CEO of FTB Advisors. “This partnership with Red Rock positions First Tennessee to be an integral advisor in helping our clients achieve their personal and business goals.”
Red Rock Advisors acts as a guide for business owners to help them to navigate the complex questions that must be addressed to effectively enhance the value in their businesses today with an eye toward securing a sound and positive transition or exit down the road.... Read more
General Shale Introduces Industry-Unique Impressionist Brick Series
Johnson City, TN
10/31/2017 09:58 AM
General Shale, one of North America’s largest brick, stone and concrete block manufacturers, announces the launch of its new Impressionist Brick Series, which provides architects with longer, thinner brick units for unique and sophisticated design options in both commercial and residential projects.... Read more
First Horizon Declares Quarterly Dividends
10/27/2017 02:37 PM
First Horizon National Corp.'s (NYSE:FHN) board of directors has approved payment of a quarterly cash dividend on its common stock of $.09 per share. The dividend is payable January 2, 2018 to the common shareholders of record on November 3, 2017.
The board also approved payment of a quarterly cash dividend of $1,550.00 per share on First Horizon’s Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock"). This equates to a cash dividend of $.387500 per Depositary Share (NYSE:FHN PrA), which each represent a 1/4000th interest in a share of the Series A Preferred Stock. The dividend is payable January 10, 2018 to shareholders of record on December 22, 2017.... Read more
First Horizon continues to gain momentum, demonstrates strong progress in 3Q17
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