The following are lists of consolidated subsidiaries of First Horizon Corporation (“First Horizon”) and of First Horizon Bank (the “Bank”) at December 31, 2023. Each consolidated subsidiary is 100% owned by First Horizon directly or indirectly, except as described below in note (1) to First Horizon’s table and note (2) to the Bank’s table, and all are included in the Consolidated Financial Statements. Entities that are “financial subsidiaries” for regulatory purposes are denoted in this exhibit with FS; FS is not part of any subsidiary’s name. Entities that are inactive (no material assets or activities) are omitted.
Consolidated Subsidiaries of First Horizon
Entity
Type of Ownership
Jurisdiction of Incorporation or Organization
First Horizon Bank (1) (Bank subsidiaries are scheduled separately)
Direct
Tennessee
CB Trustee, LLC
Direct
North Carolina
First Horizon Community Development Fund, LLC
Direct
Tennessee
First Horizon Ventures, Inc.
Direct
Tennessee
IBERIA Asset Management Inc.
Direct
Louisiana
IBERIA CDE, LLC
Direct
Louisiana
LIBERTY BANCORP DENNING, LLC
Direct
Florida
840 Denning LLC
Indirect
Florida
Martin & Company, Inc.
Direct
Tennessee
_________________________
(1) At December 31, 2023, 300,000 shares of non-voting preferred stock issued by this subsidiary are outstanding and are not owned by First Horizon. That preferred stock has an aggregate liquidation preference amount of $300,000,000 and is not participating with the common stock of this subsidiary in the event of liquidation.
Consolidated Subsidiaries of the Bank
Subsidiary of the Bank
Type of Ownership by the Bank
Jurisdiction of Incorporation or Organization
Acadiana Holdings, LLC
Direct
Louisiana
C1 Trustee, Inc.
Direct
North Carolina
Capital Financial Leasing, LLC
Direct
Delaware
FHIS, Inc. FS
Direct
Tennessee
FHN Advisory Services, LLC
Direct
Nevada
FHN Financial Capital Assets Corp.
Direct
Tennessee
FHN Financial Securities Corp. FS
Direct
Tennessee
First Horizon Advisors, Inc. FS
Direct
Tennessee
First Horizon Asset Securities, Inc.
Direct
Delaware
First Horizon CDE 1, LLC
Direct
Tennessee
First Horizon CDE 2, LLC
Direct
Tennessee
First Horizon CDE 3, LLC
Direct
Tennessee
First Horizon Community Development Enterprises, LLC
Direct
Tennessee
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2023 FORM 10-K ANNUAL REPORT
EXHIBIT 21
Subsidiaries
Subsidiary of the Bank
Type of Ownership by the Bank
Jurisdiction of Incorporation or Organization
First Horizon Community Investment Group, Inc.
Direct
Tennessee
CC Community Development Holdings, Inc.
Indirect
Tennessee
FHCIG Second Harvest Investment Fund, LLC
Indirect
Tennessee
FHCIG Our House Investment Fund, LLC
Indirect
Tennessee
FHCIG GoTextbooks Investment Fund, LLC
Indirect
Tennessee
First Horizon Insurance Agency, Inc FS
Direct
Georgia
First Horizon Insurance Services, Inc FS
Direct
Tennessee
First Tennessee New Markets Corporation
Direct
Tennessee
FT Building, LLC
Direct
Tennessee
FT Leasing, Inc.
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 TE1, LLC
Indirect
Delaware
First Horizon Preferred Funding III, Inc.
Indirect
Delaware
First Horizon Preferred Funding IV, Inc.
Indirect
Maryland
FTB Securities Investment II, LLC
Indirect
Delaware
FT Real Estate Securities Company, Inc.
Indirect
Delaware
IB SPE Management, Inc.
Direct
Delaware
IBERIA Civic Impact Partners LLC
Direct
Louisiana
IBERIA Collage Impact Fund, LLC
Indirect
Louisiana
IBERIA NOCHI Impact Fund I, LLC
Indirect
Louisiana
IBERIA NOCHI Impact Fund II, LLC
Indirect
Louisiana
IBERIA Plush Mill Impact Fund, LLC
Indirect
Louisiana
IBERIA VCOM Impact Fund, LLC
Indirect
Louisiana
Iberia Corporate Asset Finance, LLC
Direct
Alabama
Iberia Financial Services, LLC
Direct
Louisiana
IBERIA INVESTMENT FUND I, LLC
Direct
Louisiana
IBERIA CommCare Impact Fund LLC
Indirect
Louisiana
JPO, Inc.
Direct
Tennessee
Mercantile Capital Corporation
Direct
Florida
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2023 FORM 10-K ANNUAL REPORT
EXHIBIT 21
Subsidiaries
Selected Non-Consolidated Entities
The following are selected entities affiliated with First Horizon and the Bank which were not consolidated with First Horizon or the Bank at December 31, 2023.
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
Other Business Names Used
At December 31, 2023, First Horizon, its subsidiaries, the Bank, the Bank’s subsidiaries, and the Bank’s divisions did business in certain jurisdictions under the following names:
