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 0000 and has approximately $79 billion in assets. Customers can open an account at one of its 372 branches.

Deposit Rates - May 28, 2023

Overview 2023

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4977
Date Established 0000
Assets $ 78.67 billion
Loans $ 58.01 billion
Deposits $ 64.84 billion
Capital $ 8.16 billion

Summary Balance Sheet as of December 31, 2022

ASSETS
Cash & Balances due from depository institutions $ 2.45 billion
Interest-bearing balances $ 1,384.03 million
Total securities $ 10.23 billion
Federal funds sold and reverse repurchase $ 481.64 million
Net loans and leases $ 58.01 billion
Loan loss allowance $ 684.82 million
Trading account assets $ 1,478.28 million
Bank premises and fixed assets N.A.
Other real estate owned $ 3.42 million
Goodwill and other intangibles $ 1,749.54 million
All other assets $ 2.86 billion
     Total Assets $ 70.52 billion

LIABILITIES
Total deposits $ 64.84 billion
      Interest-bearing deposits $ 40.03 billion
      Deposits held in domestic offices $ 64.84 billion
      % insured (estimated) 53.76%
Federal funds purchased and repurchase agreements $ 1,412.54 million
Trading liabilities $ 618.41 million
Other borrowed funds $ 393.47 million
Subordinated debt $ 494.15 million
All other liabilities $ 1,552.12 millionn
      Total Liabilities $ 70.52 billion
      Shareholders’ Equity $ 8.16 billion

Summary Income Statement as of December 31, 2022

INCOME AND EXPENSES
Total Interest Income $ 2.69 billion
Total Interest Expense $ 253.44 million
Net interest income $ 2.44 billion
Provision for loan and lease losses $ 95.00 million
Total non interest income $ 761.09 million
Total non interest expense $ 1,821.81 million
Pre-tax Net Operating Income $ 554.07 million

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