Attached files

file filename
10-K - FIRST HORIZON CORPc60287_10k.htm
EX-24 - FIRST HORIZON CORPc60287_ex24.htm
EX-23 - FIRST HORIZON CORPc60287_ex23.htm
EX-32.(B) - FIRST HORIZON CORPc60287_ex32-b.htm
EX-99.2 - FIRST HORIZON CORPc60287_ex99-2.htm
EX-31.(A) - FIRST HORIZON CORPc60287_ex31-a.htm
EX-31.(B) - FIRST HORIZON CORPc60287_ex31-b.htm
EX-32.(A) - FIRST HORIZON CORPc60287_ex32-a.htm
EX-99.1 - FIRST HORIZON CORPc60287_ex99-1.htm
EX-10.8(F) - FIRST HORIZON CORPc60287_ex10-8f.htm
EX-13 - FIRST HORIZON CORPc60287_ex13.htm
EX-10.8(H) - FIRST HORIZON CORPc60287_ex10-8h.htm
EX-10.7(D)(2) - FIRST HORIZON CORPc60287_ex10-7d2.htm
EX-10.1(A)(2) - FIRST HORIZON CORPc60287_ex10-1a2.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”), and information concerning certain unconsolidated entities, all at December 31, 2009. Each consolidated entity is 100% owned by its immediate parent, except as described below in note (1) to the FHNC table and notes (1) and (2) to the FTBNA table, and all are included in the Consolidated Financial Statements. Consolidated entities not listed include certain trusts not controlled by FHNC (FHNC owns non-voting preferred interests but no voting interests) which are not significant subsidiaries of FHNC.

Direct Consolidated Entities of FHNC:

 

 

 

 

 

Entity

 

Type of
Ownership
by FHNC

 

Jurisdiction of
Incorporation/
Organization


 


 


First Tennessee Bank National Association (1)

 

Direct

 

United States

Hickory Capital Corporation

 

Direct

 

Tennessee

Highland Capital Management Corp.

 

Direct

 

Tennessee

Martin & Company, Inc.

 

Direct

 

Tennessee

Mountain Financial Company*

 

Direct

 

Tennessee


 

 

 


*

 

Inactive at December 31, 2009.

 

 

 

(1)

 

At December 31, 2009, 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, 2009, divisions of this subsidiary did business in certain jurisdictions under the following names: First Express, First Horizon, First Horizon Bank, First Horizon Home Loans, First Horizon Equity Lending, First Tennessee Home Loans, and FTN Financial Capital Markets.

Consolidated Subsidiaries of FTBNA:

 

 

 

 

 

Subsidiary of FTBNA

 

Type of
Ownership
by FTBNA

 

Jurisdiction of
Incorporation/
Organization


 


 


Check Consultants, Incorporated*

 

Direct

 

Tennessee

Community Money Center, Inc.*

 

Direct

 

Tennessee

First Express Remittance Processing, Inc.

 

Direct

 

Tennessee

First Horizon ABS Trust 2006 – HE1 (1)

 

Direct

 

Delaware

First Horizon ABS Trust 2006 – HE2 (1)

 

Direct

 

Delaware

First Horizon ABS Trust 2007 – HE1 (1)

 

Direct

 

Delaware

First Horizon Mint Distribution, Inc.

 

Direct

 

Tennessee

First Horizon Money Center, Inc.*

 

Direct

 

Tennessee

First Horizon Msaver, Inc.

 

Direct

 

Tennessee

Hickory Venture Capital Corporation

 

Direct

 

Alabama

JPO, Inc.

 

Direct

 

Tennessee

FT Reinsurance Company

 

Direct

 

South Carolina

First Horizon Asset Securities, Inc.

 

Direct

 

Delaware

1



 

 

 

 

 

 

FTRE Holding, LLC

 

 

Direct

 

Delaware

FTRE Holding II, LLC

 

 

Indirect

 

Delaware

First Horizon Preferred Funding II, Inc.

 

 

Indirect

 

Delaware

FT Real Estate Securities Company, Inc.

 

 

Indirect

 

Arkansas

First Horizon Preferred Funding, Inc.

 

 

Indirect

 

Delaware

FHTRS, Inc. (2)

 

 

Indirect

 

Delaware

FH-FF Mortgage Services LLC (2)

 

 

Indirect

 

Delaware

First Tennessee Advisory Services, Inc.

 

 

Direct

 

Tennessee

First Tennessee ABS, Inc.*

 

 

Direct

 

Delaware

First Tennessee Brokerage, Inc.

 

 

Direct

 

Tennessee

First Tennessee Equipment Finance Corporation

 

 

Direct

 

Tennessee

First Tennessee Housing Corporation

 

 

Direct

 

Tennessee

CC Community Development Holdings, Inc.

 

 

Indirect

 

Tennessee

First Tennessee Merchant Equipment, Inc.*

 

 

Direct

 

Tennessee

FT Building, LLC

 

 

Direct

 

Tennessee

FTN Financial Capital Assets Corporation

 

 

Direct

 

Tennessee

FTN Financial Securities Corp.

 

 

Direct

 

Tennessee

FTN Financial Securitization Corporation

 

 

Direct

 

Delaware

FTN Financial Investment Corp.

 

 

Direct

 

Delaware

FTN Financial Asia Limited

 

 

Indirect

 

Hong Kong

FTN Equity Capital Markets Corp. (3)

 

 

Direct

 

Delaware

FTN Premium Services, Inc.

 

 

Direct

 

Tennessee

First Tennessee Insurance Services, Inc.

 

 

Direct

 

Tennessee

First Horizon Insurance Services, Inc.

 

 

Direct

 

Tennessee

First Horizon Insurance, Inc.

 

 

Direct

 

Delaware

First Horizon Insurance Group, Inc. (4)

 

 

Indirect

 

Tennessee

First Horizon Insurance Agency, Inc.*

 

 

Indirect

 

Georgia

SFSR, Inc.

 

 

Indirect

 

Tennessee


 

 

 


*

 

Inactive at December 31, 2009.

 

 

 

(1)

 

The following consolidated subsidiaries are not wholly-owned directly or indirectly by FHNC:

 

 

 

 

 

First Horizon ABS Trust 2006 – HE1, First Horizon ABS Trust 2006 – HE2, and First Horizon ABS Trust 2007 – HE1 are trusts to which FTBNA transferred certain assets. Those trusts issued debt securities secured by those assets. FTBNA retains certain rights as transferor.

 

 

 

(2)

 

The following subsidiaries are not wholly-owned by their immediate parent but are 100% owned by FHNC or its direct or indirect subsidiaries:

 

 

 

 

 

FHTRS, Inc.

 

 

FH-FF Mortgage Services LLC

 

 

 

(3)

 

Formerly known as FTN Midwest Securities Corp.

 

 

 

(4)

 

This subsidiary did business in certain jurisdictions under the following names: First Horizon Insurance Agency of Tennessee and Tennessee First Horizon Insurance Agency.

2


Selected Unconsolidated Entities:

FHNC owns 100% of the common securities of the following unconsolidated entities:

 

 

 

First Tennessee Capital I, a Delaware business trust

 

 

 

First Tennessee Capital II, a Delaware business trust

3