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First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank , it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
The combined bank will be based in Memphis, and use the First Horizon name. [31] The merger closed July 2, 2020. [32] The combined bank has $79 billion in assets and $58 billion in loans. [33] 2022 - On February 28, Toronto-based TD Bank Group announced that it would acquire First Horizon Corporation in an all-cash deal of $13.4 billion. TD ...
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
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In 1999, Frost Bank acquired Commerce Financial Corp. [9] and Frost Insurance Agency, a subsidiary of the bank acquired Professional Insurance Agents Inc. [10] In 2005-2006, the company acquired Alamo Bank of Texas, Horizon Capital Bank, Summit Bancshares Inc., and Texas Community Bank. [11] [12] In 2014, it acquired Western National Bank. [13]
Horizon Bank (18 branches), seized by the Federal Deposit Insurance Corporation after bank failure, Bellingham, Washington, 2010 [6] [7] Charter Bank, 6 branches, Albuquerque, New Mexico, 2011 [8] South Valley Bancorp Inc., Klamath Falls, Oregon, 2012 [9] 51 branches from Bank of America in Washington, Oregon, Idaho, and New Mexico, 2013
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