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First Horizon Bank

Memphis, TN · Cert 4977 · First Horizon Corp.

State charter, Fed member · FED · 406 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer Standing

Trailing 9 quarters, through Q2 2026

Capital

24

Q2 2024Q2 2026Peer median (50)

Asset Quality

45

Q2 2024Q2 2026Peer median (50)

Profitability

59

Q2 2024Q2 2026Peer median (50)

Liquidity

25

Q2 2024Q2 2026Peer median (100)

Efficiency

50

Q2 2024Q2 2026Peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is a stronger peer standing, and the peer median is fixed at 50. Liquidity, Growth: closeness to the peer median, 100 at the median.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-12

First Horizon Bank

Memphis, TN · Cert 4977 · First Horizon Corp.

State charter, Fed member · FED · 406 branches

Q2 2026

$84.1BAssets
$65.8BLoans
$68.8BDeposits
$9.4BEquity
Loan mix
70%RE $36.8B30%C&I $15.7B1%Consumer $0.4BQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $52.1B24%Noninterest $16.7BQ2 2025Q2 2026

NIM

5.25%Q2 ’245.00%Q2 ’254.83%Q2 ’26+2%+3%

Non-interest income vs. expense

2.33%Q2 ’242.24%Q2 ’252.33%Q2 ’26-5%+2%

Market Position · Memphis, TN-MS-AR · 2026 SOD (annual) · 37.8% share · #1 of 48 inst. · $17.5B of $46.3B

47.0% Shelby
1.8% Miami-Dade
19.5% Knox
4.2% Davidson

Executive Summary

  • Earnings: ROA of 1.40%, up 12 bps year over year; NIM at 3.31%.
  • Asset quality: problem loans at 0.83% of loans (-13 bps YoY), with net charge-offs at 0.19%.
  • Capital: tier 1 leverage ratio of 10.32%, up 2 bps from a year ago.
  • Funding: loans stand at 95.71% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.40%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.31%+8 bps YoY

Efficiency Ratio (YTD, annualized)

55.09%+40 bps YoY

Tier 1 Leverage Ratio

10.32%+2 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.28%1.32%1.35%1.40%1.40%+12 bps
Return on Equity11.57%11.95%12.18%12.59%12.53%+97 bps
Net Interest Margin3.23%3.29%3.28%3.34%3.31%+8 bps
Efficiency Ratio54.69%55.81%56.18%54.22%55.09%+40 bps
Non-Interest Burden1.38%1.44%1.44%1.39%1.41%+3 bps
Growth
Asset Growth (YoY)-0.18%0.64%2.09%3.23%2.85%+304 bps
Loan Growth (YoY)0.65%0.98%2.28%3.53%3.41%+276 bps
Deposit Growth (YoY)1.41%-1.90%2.50%3.06%3.71%+230 bps
Asset Quality
Nonperforming Loans / Loans0.96%0.98%0.96%0.96%0.83%-13 bps
Net Charge-Offs / Loans0.20%0.19%0.19%0.18%0.19%-1 bps
Allowance / Loans1.28%1.22%1.14%1.12%1.08%-20 bps
Allowance Coverage of NPLs1.3x1.2x1.2x1.2x1.3x0.0x
Capital
Tier 1 Leverage Ratio10.30%10.41%10.09%10.42%10.32%+2 bps
Total Risk-Based Capital13.47%13.53%13.04%13.31%13.02%-46 bps
Equity / Assets11.21%11.24%10.99%11.22%11.19%-2 bps
Liquidity & Funding
Loans / Deposits96.00%96.15%94.82%96.64%95.71%-28 bps
Liquid Assets / Assets2.64%2.96%2.80%2.77%2.79%+15 bps
CRE / Total Capitaln/a265%272%264%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-12

First Horizon Bank

Memphis, TN · Cert 4977 · Peer group: banks over $10B in assets (n=142-144) · First Horizon Corp.

State charter, Fed member · FED · 406 branches

Q2 2026

$84.1BAssets
$65.8BLoans
$68.8BDeposits
$9.4BEquity

Executive Summary

  • Strongest standing: return on assets outperforms 64% of banks over $10B in assets (rank 52 of 144).
  • Widest gap: tier 1 capital ratio trails 90% of banks over $10B in assets (rank 129 of 144).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.39%

Rank 52 of 144

Net Interest Margin

3.31%

Rank 72 of 144

Efficiency Ratio

56.02%

Rank 73 of 144

Equity / Assets

11.19%

Rank 78 of 144

Non-interest income vs. expense

$0.8B$2.0BINCOMEEXPENSE
Unfavorable gap of $1.2B · efficiency ratio beats 50% of banks over $10B in assets
Bank 56.02%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.39%1.00%1.26%1.54%Beats 64%52 / 144
Return on Equity12.43%8.98%11.34%14.40%Beats 63%54 / 144
Net Interest Margin3.31%2.82%3.31%3.68%Beats 50%72 / 144
Efficiency Ratio56.02%49.42%56.02%62.41%Beats 50%73 / 144
Asset Quality
Nonperforming Loans / Loans0.83%0.48%0.73%1.07%Beats 42%83 / 142
Net Charge-Offs / Loans0.13%0.05%0.11%0.22%Beats 47%76 / 142
Capital
Tier 1 Capital Ratio11.58%12.07%12.98%14.92%Beats 10%129 / 144
Total Risk-Based Capital Ratio13.02%13.39%14.14%16.25%Beats 15%122 / 144
Equity / Assets11.19%9.69%11.39%12.96%Beats 46%78 / 144
Liquidity & Funding
Loans / Deposits95.71%75.72%84.92%91.56%85th pctl22 / 143
Loans / Assets78.27%59.83%69.07%74.80%87th pctl19 / 144
Brokered Deposits / Depositsn/aNot reported for this institution