First Horizon Bank

What sets First Horizon Bank apart

How large is First Horizon Bank?

The balance sheet of First Horizon Bank at Q2 2026: assets $84.1 bn, deposits $68.8 bn, net loans $65.1 bn (loans equal to 94.68% of deposits). Securities make up 10.8% of total assets at First Horizon Bank. Since Q1 2016, when First Horizon Bank held $26.8 bn, its assets grew 214.2%. In the year to Q2 2026, deposits at First Horizon Bank rose 3.7% while its total assets rose 2.9%. At Q2 2026, First Horizon Bank employed 7,431 full-time equivalent staff across 416 offices, about $11.3 mn of assets per employee and $165.4 mn of deposits per office.

How much funding at First Horizon Bank is uninsured?

At First Horizon Bank, uninsured deposits (above the FDIC limit) made up 40.33% of domestic deposits at Q2 2026 (-0.19 pp on a year earlier); First Horizon Bank ranks 180th of 500 on this measure. In dollars, First Horizon Bank estimated $27.7 bn of uninsured deposits.

Key facts, Q2 2026

US rank of First Horizon Bank: 1 = highest unless marked 1 = lowest.

The CET1 ratio of First Horizon Bank stood at 11.18% in Q2 2026, -0.10 pp year on year. Low and high at First Horizon Bank since Q1 2016: 8.70% (Q1 2020) to 11.40% (Q4 2023). Equity capital of First Horizon Bank at Q2 2026: $9.4 bn, or 11.2% of total assets. First Horizon Bank also reported a total capital ratio of 13.02% for Q2 2026, and a tier 1 leverage ratio of 10.32%.

On held-to-maturity securities, First Horizon Bank carried an unrealized loss of $150.6 mn at Q2 2026, equal to 1.6% of equity capital. The loss narrowed by $11.6 mn over the year. Its deepest point: $230.4 mn in Q3 2023. The available-for-sale portfolio of First Horizon Bank showed an unrealized loss of $706.4 mn at Q2 2026; the loss narrowed by $103.5 mn over the year.

For the year to Q2 2026, First Horizon Bank earned a return on equity of 12.53%; return on assets: 1.40%. Net interest margin at First Horizon Bank: 3.55%, +0.08 pp in a year. First Horizon Bank net income: $585.0 mn, up 12.4% year on year. The efficiency ratio of First Horizon Bank was 55.09%: about 55 cents cost per revenue dollar, against 48 cents at the median peer.

At Q2 2026, noncurrent loans were 0.83% of total loans at First Horizon Bank; net charge-offs: 0.19% of average loans. Gross loans and leases at First Horizon Bank: $65.8 bn, up 3.4% in a year.

The peer group of First Horizon Bank is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 1 shares the charter type of First Horizon Bank (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Tennessee. Against them, First Horizon Bank shows CET1 ratio 11.18% against a peer median of 12.20%, return on equity 12.53% against a peer median of 11.63% and uninsured deposit share 40.33% against a peer median of 40.52%.

The FDIC history of First Horizon Bank, oldest first; figures before and after each event are not like for like.

1. 17 October 2015. Absorbed TrustAtlantic Bank (FDIC certificate 35163).
2. 30 November 2017. Absorbed Capital Bank Corporation (FDIC certificate 59049).
3. 2 July 2020. Absorbed Iberiabank (FDIC certificate 28100).

Large one-quarter moves at First Horizon Bank

• Total assets at First Horizon Bank changed by +40.0% in the quarter to 2017-12-31: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Capital Bank Corporation.
• Total assets at First Horizon Bank changed by +70.6% in the quarter to 2020-09-30: Branch Purchased; Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Iberiabank, Truist Bank.