Exhibit 21
SUBSIDIARIES |
The following are lists of consolidated subsidiaries of First Horizon National Corporation (“FHNC”) and of First Horizon Bank (“Bank”) at December 31, 2019. Each consolidated subsidiary is 100% owned by FHNC directly or indirectly, except as described below in note (1) to FHNC’s table and note (2) to the Bank’s table, and all are included in the Consolidated Financial Statements.
DIRECTLY OWNED CONSOLIDATED SUBSIDIARIES OF FHNC
Entity | Type of Ownership by FHNC | Jurisdiction of Incorporation or Organization |
First Horizon Bank(1) | Direct | Tennessee |
CB Trustee, LLC | Direct | North Carolina |
First Horizon Merger Sub, LLC | Direct | Tennessee |
First Horizon Community Development Fund, LLC | Direct | Tennessee |
Martin & Company, Inc. | Direct | Tennessee |
(1) | At December 31, 2019, 300,000 shares of non-voting preferred stock issued by this subsidiary are outstanding and are not owned by FHNC. That preferred stock has an aggregate liquidation preference amount of $300,000,000 and is not participating with the common stock in the event of liquidation. At December 31, 2019, this subsidiary and its divisions did business in certain jurisdictions under the following names: First Horizon, First Tennessee Bank, Capital Bank, First Horizon Home Loans, First Tennessee Home Loans, First Horizon Equity Lending, FHN Financial, FHN Financial Capital Markets, FHN Financial Portfolio Advisors, FHN Financial Municipal Advisors, First Horizon Advisors, FTB Advisors, First Horizon Commercial Mortgage Banking, PMC Real Estate Capital, Franchise Finance, First Horizon Franchise Finance, and First Tennessee Franchise Finance. |
CONSOLIDATED SUBSIDIARIES OF THE BANK
Subsidiary of the Bank | Type of Ownership by the Bank | Jurisdiction of Incorporation or Organization |
C1 Trustee, Inc. | Direct | North Carolina |
Capital Financial Leasing, LLC | Direct | Delaware |
CBSA Legacy, LLC | Direct | North Carolina |
FBSA 1, LLC(1) | Direct | Florida |
FBSA 2, LLC(1) | Direct | Florida |
First Horizon Asset Securities, Inc. | Direct | Delaware |
First Horizon Community Development Enterprises, LLC | Direct | Tennessee |
First Horizon CDE 1, LLC | Direct | Tennessee |
First Horizon CDE 2, LLC | Direct | Tennessee |
Exhibit 21 – 1
First Horizon CDE 3, LLC | Direct | Tennessee |
First Horizon Insurance Agency, Inc. | Direct | Georgia |
FHIS, Inc. | Direct | Tennessee |
First Horizon Community Investment Group, Inc. | Direct | Tennessee |
CC Community Development Holdings, Inc. | Indirect | Tennessee |
First Tennessee New Markets Corporation | Direct | Tennessee |
FT Building, LLC | Direct | Tennessee |
FT Leasing, Inc. | Direct | Tennessee |
First Horizon Advisors, Inc. | Direct | Tennessee |
First Horizon Insurance Services, Inc. | Direct | Tennessee |
FHN Financial Main Street Advisors, LLC | Direct | Nevada |
FHN Financial Capital Assets Corp. | Direct | Tennessee |
FHN Financial Securities Corp. | Direct | Tennessee |
FTB QOF I, Inc. | Direct | Tennessee |
FTB QOF II, Inc. | Direct | Tennessee |
FTB QOF III, Inc. | Direct | Tennessee |
FTB QOF IV, Inc. | Direct | Tennessee |
FTRE Holding, LLC | Direct | Delaware |
First Horizon TE I, LLC | Indirect | Delaware |
First Horizon Preferred Funding IV, Inc. | Indirect | Maryland |
FTB Securities Investment II, LLC | Indirect | Delaware |
First Horizon Preferred Funding III, Inc. | Indirect | Delaware |
First Horizon Preferred Funding II, Inc. | Indirect | Delaware |
FT Real Estate Securities Company, Inc. | Indirect | Delaware |
First Horizon Preferred Funding, Inc. | Indirect | Delaware |
Hickory Venture Capital Corporation | Direct | Alabama |
JPO, Inc. | Direct | Tennessee |
MBSA 1, LLC(1) | Direct | Florida |
Orion Real Estate, LLC | Direct | North Carolina |
Southern Community, LLC | Direct | North Carolina |
(1) | Expected to be dissolved in 2020. |
Exhibit 21 – 2
SELECTED NON-CONSOLIDATED ENTITIES
The following are selected entities affiliated with FHNC and the Bank which were not consolidated with FHNC or the Bank at December 31, 2019.
Name | Jurisdiction of Incorporation or Organization |
Capital Bank Statutory Trust III | Connecticut |
Civitas Statutory Trust I | Delaware |
FNB United Statutory Trust I | Connecticut |
FNB United Statutory Trust II | Delaware |
GreenBank Capital Trust I | Delaware |
Greene County Capital Trust II | Delaware |
Southern Community Capital Trust III | Delaware |
TIBFL Statutory Trust III | Delaware |
VCS Management, LLC | North Carolina |
Exhibit 21 – 3