Member News

Member News

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

First Horizon honored by American Heart Association

Memphis, TN
05/24/2017 08:05 PM
First Horizon National Corp. (NYSE:FHN), has been awarded gold-level status as a Fit-Friendly Worksite by the American Heart Association for committing to the health and wellness of its employees.

The annual designation is awarded by the AHA’s My Heart, My Life initiative that promotes positive change in American workplaces. First Horizon was honored for championing the health of its employees by promoting physical activity and emphasizing wellness.

“Our employees’ health and wellness are important priorities at First Horizon,” said John Daniel, the company’s chief human resources officer. “We’re committed to providing not only a healthy workplace and environment but also the tools and resources for our employees to live happy, healthy lives through our corporate wellness program.”

First Horizon’s corporate wellness program provides health and fitness challenges for employees and offers incentives such as gift cards for participation. Each year the company hosts health fairs, immunizations and health screenings and sponsors a variety of wellness events for employees and their families.... Read more

20th Annual Pinnacle Award Winners

Johnson City, TN
05/12/2017 10:29 AM
Northeast TN Tourism Association honored the tourism industry's top performers.... Read more

UDC Announces Pickens Bridge Village Community Expansion

Piney Flats, TN
05/05/2017 10:52 AM
Universal Development and Construction (UDC) and Mitch Cox Companies (MCC) are pleased to announce their plans to build additional townhomes and apartments at Pickens Bridge Village in Piney Flats, TN. The planned expansion will add an additional 175 units to the community on a recently purchased 11.9 acres of land adjacent to the current community. Site preparation is already underway, with the first units scheduled for completion near the end of 2017 or beginning of 2018.
These two companies have been developing multifamily communities together for over a decade in the Tri-Cities, with more than 2,000 homes either constructed or in the development pipeline. The Villas at Boone Ridge, Stone Crest Townhomes, The Villas at Lavinder Lane and The Villas at River Bend are just a few of the residential projects developed and constructed by UDC and MCC.... Read more

First Horizon Declares Quarterly Dividends

Memphis, TN
04/26/2017 07:06 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 July 3 to the common shareholders of record on June 9.

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 July 10, to shareholders of record on June 23.... Read more

Parsons Promoted to Vice President/General Manager

Johnson City, TN
04/24/2017 02:20 PM
Boyd Sports, LLC has announced that they have promoted Johnson City Cardinals General Manager Tyler Parsons to Vice President/General Manager with the organization.... Read more

Execution, discipline drive 1Q17 progress at First Horizon

04/13/2017 09:15 PM
Progress toward long-term “bonefish” financial goals continued in the first quarter at First Horizon National Corp. (NYSE:FHN). Net interest income, deposits and loans were up significantly year over year, with strong performance in growth markets and commercial loans, particularly specialty banking areas. Credit quality reflected continued excellent underwriting discipline. With revenue stable and expenses down, the efficiency ratio improved from the same period last year. The company increased its quarterly common dividend by 29 percent during the quarter and closed its acquisition of Coastal Securities on April 3, just after the quarter ended.

“I am pleased with the continued progress we made in the first quarter toward our long-term profitability goals,” said Bryan Jordan, First Horizon’s chairman and CEO. “Loan pipelines and commitments remain strong as our bankers focus on quality opportunities, credit quality remains excellent, our relationships with current and new customers continue to grow, and the closing of the Coastal acquisition adds talented people, new products and new customers to enhance our fixed income business. I am pleased to report continued execution of our key strategic priorities.”... Read more

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