First Horizon Bank

For information concerning Virtualbank, a division of First Horizon Bank online bank, please click here.

First Horizon Bank is an FDIC insured institution headquartered at 165 Madison Ave, Memphis, TN 38103.
It was founded in 1864 and has approximately $82 billion in assets. Customers can open an account at one of its 372 branches.

Deposit Rates - November 9, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4977
Date Established 1864
Assets $ 81.94 billion
Loans $ 62.44 billion
Deposits $ 65.40 billion
Capital $ 8.85 billion

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 2.42 billion
Interest-bearing balances $ 1,452.21 million
Total securities $ 9.26 billion
Federal funds sold and reverse repurchase $ 487.23 million
Net loans and leases $ 62.44 billion
Loan loss allowance $ 820.95 million
Trading account assets $ 1,427.16 million
Bank premises and fixed assets N.A.
Other real estate owned $ 4.40 million
Goodwill and other intangibles $ 1,681.77 million
All other assets $ 2.86 billion
     Total Assets $ 73.08 billion

LIABILITIES
Total deposits $ 65.40 billion
      Interest-bearing deposits $ 48.45 billion
      Deposits held in domestic offices $ 65.40 billion
      % insured (estimated) 59.72%
Federal funds purchased and repurchase agreements $ 2.57 billion
Trading liabilities $ 665.78 million
Other borrowed funds $ 393.47 million
Subordinated debt $ 494.72 million
All other liabilities $ 1,552.12 millionn
      Total Liabilities $ 73.08 billion
      Shareholders’ Equity $ 8.85 billion

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 2.17 billion
Total Interest Expense $ 897.61 million
Net interest income $ 1,275.88 million
Provision for loan and lease losses $ 105.00 million
Total non interest income $ 362.05 million
Total non interest expense $ 962.53 million
Pre-tax Net Operating Income $ 554.07 million

Customer Reviews for First Horizon Bank (1)

Rated 1.00 stars out of 5 - based on 1 reviews
  • Amataur outfit - stay away


Add Your Review


Rate it here →



Branches

Click on location and enter new zip number to change.
Your current location is: Ashburn, VA

First Horizon Bank Locations