First Horizon Bank

Established in 1864

About First Horizon Bank

First Horizon Bank was established on 1864. The bank's headquarters are located at 165 Madison Avenue in Memphis, Tennessee. It has 5 branches.

First Horizon Bank is an FDIC insured bank with FDIC number 4977 managing assets to the value of $83,877,372 as of 12/31/2020.

First Horizon Bank has a Texas ratio of 4.53%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

4.53%
Texas Ratio
FDIC Certificate #

4977

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $83,877,372
Equity Capital $8,471,869
Total Deposits $70,844,676
Total Liabilities $75,405,503
Total Securities $8,051,365
Net Loans And Leases $58,294,626
Loan Loss Allowance $963,311
Total Loans And Leases $59,258,872
YTD (as of 12/31/2020)
Return On Assets 1.52%
Return On Equity 14.19%
Total Interest Income $1,910,147
Total Interest Expense $196,369
Total Non Interest Income $1,461,817
Total Non Interest Expense $1,660,714

Headquarters

165 Madison Avenue 38103, Memphis

First Horizon Bank branches near me

Total Loans and Leases Statistics

Total Loans and Leases $59,258,872 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

First Horizon Bank Mortgage Loans Profile

Classic Bank

62.80%

Application Approval Rate

Classic Bank

$290,799

Average Mortgage Loan Amount

Classic Bank

8,205

Number of Loan Applications

Classic Bank

$222,982

Average Income of Applicants with Approved Loans

Classic Bank

0.87%

Average Cost of Loans

Classic Bank

30.68%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Shelby

Number of Loan Applications
765
Average Loan Amount
$237,505
Approval Rate
59.48%
Average Income of Approved Loans’ Applicants
$198,209

2 Davidson

Number of Loan Applications
690
Average Loan Amount
$378,269
Approval Rate
67.39%
Average Income of Approved Loans’ Applicants
$268,039

3 Knox

Number of Loan Applications
595
Average Loan Amount
$287,222
Approval Rate
69.58%
Average Income of Approved Loans’ Applicants
$216,335

4 Williamson

Number of Loan Applications
485
Average Loan Amount
$389,308
Approval Rate
67.01%
Average Income of Approved Loans’ Applicants
$274,234

5 Hamilton

Number of Loan Applications
425
Average Loan Amount
$245,712
Approval Rate
69.41%
Average Income of Approved Loans’ Applicants
$212,509

6 Rutherford

Number of Loan Applications
247
Average Loan Amount
$182,533
Approval Rate
60.73%
Average Income of Approved Loans’ Applicants
$136,020

Top States by Number of Mortgage Loan Applications

1 Tennessee

Number of Loan Applications
5,328
Average Loan Amount
$254,965
Approval Rate
64.04%
Average Income of Approved Loans’ Applicants
$194,176

2 North Carolina

Number of Loan Applications
1,432
Average Loan Amount
$255,292
Approval Rate
62.08%
Average Income of Approved Loans’ Applicants
$172,698

3 Florida

Number of Loan Applications
810
Average Loan Amount
$547,215
Approval Rate
58.52%
Average Income of Approved Loans’ Applicants
$451,884

4 South Carolina

Number of Loan Applications
167
Average Loan Amount
$384,556
Approval Rate
53.89%
Average Income of Approved Loans’ Applicants
$373,422

5 Mississippi

Number of Loan Applications
144
Average Loan Amount
$135,824
Approval Rate
59.03%
Average Income of Approved Loans’ Applicants
$105,099

6 Georgia

Number of Loan Applications
122
Average Loan Amount
$312,342
Approval Rate
64.75%
Average Income of Approved Loans’ Applicants
$225,080