EX-21 6 c92653_ex-21.htm

Exhibit 21

| SUBSIDIARIES |

The following are lists of consolidated subsidiaries of First Horizon National Corporation (“FHNC”) and of First Tennessee Bank National Association (“FTBNA”) at December 31, 2018. Each consolidated subsidiary is 100% owned by FHNC directly or indirectly, except as described below in note (1) to the FHNC table and note (2) to the FTBNA 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 Tennessee Bank National Association (1) |  | Direct |  | United States
CB Trustee, LLC |  | Direct |  | North Carolina
First Horizon Merger Sub, LLC |  | Direct |  | Tennessee
First Tennessee Community Development Fund, LLC |  | Direct |  | Tennessee
Martin & Company, Inc. |  | Direct |  | Tennessee

| (1) | At December 31, 2018, 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, 2018, this subsidiary and its divisions did business in certain jurisdictions under the following names: First Tennessee Bank, Capital Bank, First Horizon, First Horizon Bank, First Horizon Home Loans, First Horizon Equity Lending, First Tennessee Home Loans, FTN Financial Capital Markets, FTN Financial Portfolio Advisors, FTN Financial Municipal Advisors, FTB Advisors, PMC Real Estate Capital, Franchise Finance, and First Tennessee Franchise Finance.

CONSOLIDATED SUBSIDIARIES OF FTBNA

Subsidiary of FTBNA |  | Type of Ownership by FTBNA |  | Jurisdiction of Incorporation or Organization
C1 Trustee, Inc. |  | Direct |  | North Carolina
Capital Auto Finance Co. |  | Direct |  | Tennessee
Capital Financial Leasing, LLC |  | Direct |  | Delaware
CBSA Legacy, LLC |  | Direct |  | North Carolina
FBSA 1, LLC |  | Direct |  | Florida
FBSA 2, LLC |  | Direct |  | Florida
First Horizon ABS Trust 2006 – HE1 (1) |  | Direct |  | Delaware
First Horizon Asset Securities, Inc. |  | Direct |  | Delaware
First Horizon Community Development Enterprises, LLC |  | Direct |  | Tennessee
First Horizon CDE 1, LLC |  | Direct |  | Tennessee

1

First Horizon CDE 2, LLC |  | Direct |  | Tennessee
First Horizon CDE 3, LLC |  | Direct |  | Tennessee
First Horizon Insurance Agency, Inc. |  | Direct |  | Georgia
First Horizon Insurance Services, Inc. |  | Direct |  | Tennessee
First Tennessee Housing Corporation |  | Direct |  | Tennessee
CC Community Development Holdings, Inc. |  | Indirect |  | Tennessee
First Tennessee New Markets Corporation |  | Direct |  | Tennessee
SR Memphis Investment Fund, LLC |  | Indirect |  | Delaware
FT Building, LLC |  | Direct |  | Tennessee
FT Leasing, Inc. |  | Direct |  | Tennessee
FTB Advisors, Inc. |  | Direct |  | Tennessee
FTB Advisors Insurance Services, Inc. |  | Direct |  | Tennessee
FTN Financial Main Street Advisors, LLC |  | Direct |  | Nevada
FTN Financial Capital Assets Corporation |  | Direct |  | Tennessee
FTN Financial Securities Corp. |  | Direct |  | Tennessee
FTRE Holding, LLC |  | Direct |  | Delaware
FTB Securities Investment 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 |  | Direct |  | Florida
Orion Real Estate, LLC |  | Direct |  | North Carolina
Southern Community, LLC |  | Direct |  | North Carolina
Special Acquisitions Holdings, Inc. |  | Direct |  | Florida
Special Acquisitions, Inc. |  | Direct |  | Florida
Special Acquisitions II, Inc. |  | Direct |  | Florida
Special Acquisitions III, Inc. |  | Direct |  | Florida
Special Acquisitions IV, Inc. |  | Direct |  | Florida
Special Acquisitions VII, Inc. |  | Direct |  | Florida
Special Acquisitions VIII, Inc. |  | Direct |  | Florida
Superior Financial Services, Inc. (2) |  | Direct |  | Tennessee
PODS Ventures LLC |  | Direct |  | North Carolina

| (1) | Consolidated subsidiary is not wholly-owned directly or indirectly by FHNC at December 31, 2018. First Horizon ABS Trust 2006 – HE1 is a trust to which FTBNA transferred certain assets. That trust issued debt securities secured by those assets. FTBNA retains certain rights as transferor.
| (2) | Under agreement to be sold in 2019, subject to certain conditions to closing.

2

SELECTED NON-CONSOLIDATED ENTITIES

The following are selected entities affiliated with FHNC and FTBNA which were not consolidated with FHNC or FTBNA at December 31, 2018.

Name | Jurisdiction of Incorporation or Organization
Capital Bank Statutory Trust III | Connecticut
Catawba Valley Capital Trust II | Delaware
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

3