Banks | First Horizon Bank

First Horizon Bank

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First Horizon Bank is an FDIC insured institution headquartered at 165 Madison Ave, Memphis, TN 38103.
It was founded in 1864 and has approximately $85 billion in assets. Customers can open an account at one of its 372 branches.

Deposit Rates - December 6, 2023

Overview 2023

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4977
Date Established 1864
Assets $ 84.85 billion
Loans $ 61.35 billion
Deposits $ 66.59 billion
Capital $ 8.41 billion

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 5.66 billion
Interest-bearing balances $ 4.52 billion
Total securities $ 9.97 billion
Federal funds sold and reverse repurchase $ 282.13 million
Net loans and leases $ 61.35 billion
Loan loss allowance $ 736.95 million
Trading account assets $ 1,248.25 million
Bank premises and fixed assets N.A.
Other real estate owned $ 4.42 million
Goodwill and other intangibles $ 1,725.54 million
All other assets $ 2.86 billion
     Total Assets $ 76.44 billion

LIABILITIES
Total deposits $ 66.59 billion
      Interest-bearing deposits $ 46.63 billion
      Deposits held in domestic offices $ 66.59 billion
      % insured (estimated) 62.14%
Federal funds purchased and repurchase agreements $ 2.17 billion
Trading liabilities $ 443.10 million
Other borrowed funds $ 393.47 million
Subordinated debt $ 494.34 million
All other liabilities $ 1,552.12 millionn
      Total Liabilities $ 76.44 billion
      Shareholders’ Equity $ 8.41 billion

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 1,942.67 million
Total Interest Expense $ 596.17 million
Net interest income $ 1,346.50 million
Provision for loan and lease losses $ 100.00 million
Total non interest income $ 329.19 million
Total non interest expense $ 974.28 million
Pre-tax Net Operating Income $ 554.07 million

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  • Amataur outfit - stay away

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