EX-21 7 c95148_ex-21.htm

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