| | Business Summary | | First
Tennessee
National
Corporation
is
a
bank
holding
company
and
financial
holding
company.
Through
its
principal
subsidiary,
First
Tennessee
Bank
National
Association,
and
its
other
banking
and
banking-related
subsidiaries,
the
Company
provides
a
broad
range
of
financial
services.
Significant
operations
are
conducted
in
the
commercial
banking
business
as
well
as
through
mortgage
banking,
capital
markets
and
transaction
processing
divisions.
As
a
financial
holding
company,
the
Company
coordinates
the
financial
resources
of
the
consolidated
enterprise
and
maintains
systems
of
financial,
operational
and
administrative
control
that
allows
coordination
of
selected
policies
and
activities. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | FTN
is
a
bank
holding
company
whose
subsidiaries
operate
banking
offices
in
TN,
MS
and
AR.
For
the
six
months
ended
6/30/01,
total
interest
income
fell
5%
to
$628.3
million.
Net
interest
income
after
LLP
rose
6%
to
$281.8
million.
Net
income
before
extraordinary
items
rose
59%
to
$151.4
million.
Net
interest
income
reflect
decreased
interest
earning
assets,
offset
by
lower
interest
paid
on
borrowings.
Earnings
reflect
higher
capital
market
income. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ralph Horn, 59
Chairman,
CEO | $1.2M | $243K | J. Kenneth Glass, 54
Pres,
COO, Director | 666K | 322K | Elbert Thomas, Jr., 52
Exec.
VP and CFO of the Company and the Bank | 317K | 150K | Harry Johnson, III, 52
Exec.
VP and Gen. Counsel of the Company and the Bank | -- | -- | Susan Bies, 53
Exec.
VP and Auditor of the Company and the Bank and Risk Management Mang. | -- | -- | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/ftn.gif)