UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
________________________
FORM 8-K
________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 17, 2016
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First Horizon National Corporation
(Exact Name of Registrant as Specified in Charter)
| TN | 001-15185 | 62-0803242 |
| (State or other jurisdiction | (Commission File Number) | (IRS Employer Identification No.) |
| of incorporation) |
| 165 MADISON AVENUE MEMPHIS, TENNESSEE | 38103 |
| (Address of principal executive office) | (Zip Code) |
Registrant’s telephone number, including area code: (901) 523-4444
(Former name or former address, if changed from last report)
________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 7.01. Regulation FD Disclosure.
In July First Horizon submitted results of its annual Dodd-Frank Act Stress Test, commonly known as DFAST, to the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. A summary of the results is available in the investor relations news and events section of the company’s website at ir.fhnc.com/GenPage.aspx?IID=100292&GKP=305868.
Information contained on the Company’s website is not incorporated by reference into this Current Report on Form 8-K. Also, the information in the preceding paragraph is not to be considered “filed” under the Securities Exchange Act of 1934, as amended (“Exchange Act”), and shall not be incorporated by reference into any of First Horizon’s previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.
ITEM 9.01. Financial Statements and Exhibits.
| (d) | Exhibits |
The following exhibit is furnished pursuant to Item 7.01, is not to be considered “filed” under the Exchange Act, and shall not be incorporated by reference into any of First Horizon’s previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.
| Exhibit # | Description |
| 99.1 | Text of press release announcing that First Horizon National Corporation released a summary of the results of its annual company-run capital stress tests |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| First Horizon National Corporation | |
| (Registrant) | |
| Date: October 17, 2016 | By: /s/ William C. Losch III |
| William C. Losch III | |
| Executive Vice President and Chief Financial Officer |
EXHIBIT INDEX
The following exhibit is furnished pursuant to Item 7.01, is not to be considered “filed” under the Exchange Act, and shall not be incorporated by reference into any of First Horizon’s previous or future filings under the Securities Act of 1933, as amended, or the Exchange Act.
| Exhibit # | Description |
| 99.1 | Text of press release announcing that First Horizon National Corporation released a summary of the results of its annual company-run capital stress tests |
EX 99.1
Stress Test Confirms Capital Strength at First Horizon, First Tennessee
MEMPHIS, Tenn. – The 2016 Dodd-Frank Act stress test shows First Horizon National Corp. (NYSE: FHN) and its First Tennessee regional bank would maintain capital well in excess of regulatory “adequate” levels under severely adverse economic and financial conditions. The annual stress tests, which are designed to ensure banks would have enough capital to operate in economically challenging times, are required of national banks and federal savings associations with assets of at least $10 billion.
The tests measure capital levels as required by the regulatory agencies noted below, in the face of hypothetical “severely adverse” events specified by regulators including a greater-than-50-percent drop in the U.S. stock market, a greater-than-25-percent drop in U.S. real estate values, a significant and rapid contraction of the U.S. economy, a 10 percent unemployment rate and negative interest rates on short-term Treasury notes.
In July First Horizon submitted results of its annual Dodd-Frank Act Stress Test, commonly known as DFAST, to the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. A summary of the results is available in the investor relations news and events section of the company’s website at www.FirstHorizon.com.
About First Horizon
The 4,300 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through more than 160 bank locations across Tennessee and the southern U.S. and 29 FTN Financial offices across the U.S. The company was founded during the Civil War in 1864 and has the 14th oldest national bank charter in the country. First Tennessee has the largest deposit market share in Tennessee and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. First Horizon has been recognized as one of the nation’s best employers by Working Mother and American Banker magazines. More information is available at www.FirstHorizon.com.
| Contact: | Media Relations, James Dowd (901) 523-4305 |
| Investor Relations, Aarti Bowman, (901) 523-4017 |