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EXHIBIT 21
PARENTS AND SUBSIDIARIES
The following is a list of all subsidiaries of First Tennessee National
Corporation ("FTNC") and information on an unconsolidated entity at December 31,
2000. Each subsidiary is 100% owned by its immediate parent, except as described
below in note (3), and all are included in the Consolidated Financial
Statements:
Type of Ownership Jurisdiction of
Subsidiary by FTNC Incorporation
---------- ----------------- ---------------
Cleveland Bank & Trust Company Direct Tennessee
First National Bank of Springdale Direct United States
First Tennessee Bank National Association (1) Direct United States
Check Consultants, Incorporated Indirect Tennessee
Check Consultants Company of Tennessee, Inc. Indirect Tennessee
Community Leasing Corporation* Indirect Tennessee
Community Money Center, Inc.* Indirect Tennessee
East Tennessee Service Corporation* Indirect Tennessee
Upper East Tennessee Insurance Agency* Indirect Tennessee
Federal Flood Certification Corporation Indirect Texas
First Express Remittance Processing, Inc. Indirect Tennessee
First Funds, Inc.* Indirect Tennessee
First Horizon Insurance Services, Inc. Indirect Tennessee
First Horizon Merchant Services, Inc. Indirect Tennessee
First Horizon Money Center, Inc.* Indirect Tennessee
First Horizon Strategic Alliances, Inc. Indirect Tennessee
First Tennessee ABS, Inc. Indirect Delaware
First Tennessee Brokerage, Inc. Indirect Tennessee
First Tennessee Capital Assets Corporation Indirect Tennessee
First Tennessee Commercial Loan Management, Inc. Indirect Tennessee
First Tennessee Equipment Finance Corporation Indirect Tennessee
First Tennessee Housing Corporation Indirect Tennessee
CC Community Development Holdings, Inc. Indirect Tennessee
First Tennessee Merchant Equipment, Inc.* Indirect Tennessee
FT Real Estate Information Mortgage Solutions Holdings, Inc. Indirect Delaware
FT Real Estate Information Mortgage Solutions, Inc. Indirect Delaware
FT Real Estate Securities Holding Company, Inc. Indirect Arkansas
FT Real Estate Securities Company, Inc. Indirect Arkansas
First Tennessee Securities Corporation Indirect Tennessee
FT Insurance Corporation Indirect Tennessee
FT Mortgage Holding Corporation Indirect Delaware
First Horizon Home Loan Corporation (2) Indirect Kansas
First Tennessee Mortgage Services, Inc. Indirect Tennessee
First Horizon Asset Securities, Inc. Indirect Delaware
FT Reinsurance Company Indirect South Carolina
Hickory Venture Capital Corporation Indirect Alabama
2
JPO, Inc. Indirect Tennessee
TSMM Corporation Indirect Tennessee
FTB Futures Corporation* Direct Tennessee
Hickory Capital Corporation Direct Tennessee
Highland Capital Management Corp. Direct Tennessee
Martin & Company, Inc. Direct Tennessee
Mountain Financial Company* Direct Tennessee
Norlen Life Insurance Company Direct Arizona
Peoples and Union Bank Direct Tennessee
Peoples Bank Direct Mississippi
*Inactive.
(1) Divisions of this subsidiary do business in certain jurisdictions under
the following names: First Express, First Horizon Equity Lending, First
Horizon Money Center, First Securities Company in Mobile, First
Tennessee Capital Markets, Garland Capital Management, Garland Trust,
Gulf Pacific Mortgage.
(2) Divisions of this subsidiary do business in certain jurisdictions under
the following names: Atlantic Coast Mortgage, Carl I. Brown Mortgage,
CIB Mortgage, Customer One Mortgage, Elliott Ames, Emerald Mortgage,
EquiBanc Mortgage Corporation, 1st Coastal Mortgage, First Tennessee
Mortgage Company, Inc., FTB Mortgage Services, Keystone Mortgage,
McGuire Mortgage, MNC Mortgage, Mortgage Resources, Patriot Financial
Group, Premier Mortgage, Premier Mortgage Resources, Priority One,
Mortgage Bankers, Select Mortgage Resources, Sunbelt National Mortgage.
(3) The following subsidiaries are not wholly-owned by their immediate
parent:
FT Real Estate Securities Company, Inc. - FTNC
owns <1% of the common stock with the balance of the
common stock owned by the subsidiary's immediate
parent. Some preferred stock is not owned directly or
indirectly by FTNC.
FT Real Estate Securities Holding Company, Inc. - FTNC
owns <1% of the common stock directly with the balance
of the common stock owned by the subsidiary's immediate
parent.
First Tennessee Mortgage Services, Inc. - FTNC owns <2% of
the common stock directly with the balance of the
common stock owned by the subsidiary's immediate
parent.
In addition, FTNC has an investment in the following unconsolidated
entity:
First Tennessee Capital I, a Delaware business trust - 100% of the
Trust's common securities owned by FTNC