FIRST HORIZON CORP
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
FHN$23.56+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Glossary
TABLE OF CONTENTS and GLOSSARY
Glossary
The following is a list of common acronyms and terms used throughout this report:
| ACL | Allowance for credit losses |
|---|---|
| AFS | Available for sale |
| AIR | Accrued interest receivable |
| ALCO | Asset/Liability Committee |
| ALLL | Allowance for loan and lease losses |
| ALM | Asset/liability management |
| AOCI | Accumulated other comprehensive income |
| ASC | FASB Accounting Standards Codification |
| Associate | Person employed by FHN |
| ASU | Accounting Standards Update |
| ATM | Automated teller machine |
| Bank | First Horizon Bank |
| BHCA | Bank Holding Company Act of 1956 |
| BOLI | Bank-owned life insurance |
| C&I | Commercial, financial, and industrial loan portfolio |
| CAS | Credit Assurance Services |
| CBF | Capital Bank Financial |
| CECL | Current expected credit loss |
| CEO | Chief Executive Officer |
| CFPB | Consumer Financial Protection Bureau |
| CIO | Chief Information Officer |
| CME | Chicago Mercantile Exchange |
| CMO | Collateralized mortgage obligations |
| CODM | Chief Operating Decision-Maker |
| Company | First Horizon Corporation |
| Corporation | First Horizon Corporation |
| CRA | Community Reinvestment Act |
| CRE | Commercial Real Estate |
| CRMC | Credit Risk Management Committee |
| CSIRP | Computer Security Incident Response Plan |
| DIF | Deposit Insurance Fund |
| DTA | Deferred tax asset |
| DTL | Deferred tax liability |
| EAD | Exposure at default |
| ECP | Equity Compensation Plan |
| EPS | Earnings per share |
| ETR | Effective tax rate |
| Fannie Mae | Federal National Mortgage Association |
| FASB | Financial Accounting Standards Board |
| FCRA | Fair Credit Reporting Act |
| FDIA | Federal Deposit Insurance Act |
| FDIC | Federal Deposit Insurance Corporation |
| Federal Reserve | Federal Reserve Board |
|---|---|
| Fed | Federal Reserve Board |
| FHA | Federal Housing Administration |
| FHLB | Federal Home Loan Bank |
| FHN | First Horizon Corporation |
| FHNF | FHN Financial; FHN's fixed income division |
| FICO | Fair Isaac Corporation |
| First Horizon | First Horizon Corporation |
| FRB | Federal Reserve Bank or the Federal Reserve Board |
| Freddie Mac | Federal Home Loan Mortgage Corporation |
| FTE | Fully taxable equivalent |
| FTP | Funds transfer pricing |
| FTRESC | FT Real Estate Securities Company, Inc. |
| GAAP | Generally accepted accounting principles (U.S.) |
| GHG | Greenhouse Gas |
| GNMA | Government National Mortgage Association or Ginnie Mae |
| GSE | Government sponsored enterprises, in this filing references Fannie Mae and Freddie Mac |
| HELOC | Home equity line of credit |
| HFS | Held for sale |
| HR | Human Resources |
| HTM | Held to maturity |
| IBKC | IBERIABANK Corporation |
| IBKC merger | FHN's merger of equals with IBKC that closed July 2020 |
| ISDA | International Swap and Derivatives Association |
| LGD | Loss given default |
| LIBOR | London Inter-Bank Offered Rate |
| LIHTC | Low Income Housing Tax Credit |
| LLC | Limited Liability Company |
| LMC | Loans to mortgage companies |
| LMI | Low- and moderate-income |
| LOCOM | Lower of cost or market |
| LTV | Loan-to-value |
| MBS | Mortgage-backed securities |
| MD&A | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
| NAICS | North American Industry Classification System |
| NII | Net interest income |
TABLE OF CONTENTS and GLOSSARY
| NIM | Net interest margin |
|---|---|
| NM | Not meaningful |
| NMTC | New Market Tax Credit |
| NOL | Net operating loss |
| NPA | Nonperforming asset |
| NPL | Nonperforming loan |
| NYSE | New York Stock Exchange |
| OCI | Other comprehensive income |
| OREO | Other Real Estate Owned |
| PAM | Proportional amortization method |
| PCA | Prompt corrective action |
| PCAOB | Public Company Accounting Oversight Board |
| PCD | Purchased credit deteriorated financial assets |
| PCI-DSS | Payment Card Industry Data Security Standard |
| PD | Probability of default |
| PM | Portfolio managers |
| PPNR | Pre-provision net revenue |
| PSU | Performance Stock Unit |
| PTNI | Pre-tax net income |
| RE | Real estate |
| RM | Relationship managers |
| ROU | Right-of-use |
| RWA | Risk-weighted assets |
| SAD | Special Assets Department |
| SBA | Small Business Administration |
| SEC | Securities and Exchange Commission |
| SOFR | Secure Overnight Funding Rate |
| SOX | Sarbanes-Oxley Act of 2002 |
| SVaR | Stressed Value-at-Risk |
| TD | The Toronto-Dominion Bank |
| TD Merger Agreement | Merger agreement between FHN, TD, and certain TD subsidiaries, which the parties mutually terminated on May 4, 2023 |
| TD Transaction | The acquisition of FHN by TD contemplated by the TD Merger Agreement |
| TDFI | Tennessee Department of Financial Institutions |
| TPRM | Third-Party Risk Management |
| TRUP | Trust preferred loan |
| UPB | Unpaid principal balance |
| USDA | United States Department of Agriculture |
| U.S. | United States |
| VaR | Value-at-Risk |
| VIE | Variable Interest Entities |
| we/us/our | First Horizon Corporation |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.