News Topic: Tennessee

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition. ... Read full article

The acquisition will make the Tennessee company one of the biggest banks in the Southeast with more than $40 billion in assets. ... Read full article

Lamar Cox pleaded guilty to hiding losses while the bank held government funds. Tennessee Commerce failed in 2012. ... Read full article

The company has hired an investment bank to help it consider strategic alternatives, which could also include recapitalizing. ... Read full article

The Memphis, Tenn., also reported an improvement in credit quality during the first quarter. ... Read full article

These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns. ... Read full article

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure. ... Read full article

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal. ... Read full article

Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage. ... Read full article

Commerce Union had been focused on expanding around Nashville, Tenn., until a lender based 120 miles away was available to hire. ... Read full article

DeVan Ard will succeed William DeBerry when DeBerry retires in June. ... Read full article

The $1.9 billion deal – the largest announced in 2017 – will create a bank with nearly $20 billion in assets. ... Read full article

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund. ... Read full article