Tennessee

First Tennessee Bank in Memphis has recruited a quartet of executives for its expanding specialty banking lines that serve the franchising, healthcare, music, and transportation industries.

Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.

First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region.

First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities.

CapStar Financial Holdings in Nashville, Tenn., expects to raise net proceeds of $16.6 million in an initial public offering that it plans to spend on growth and other initiatives — perhaps including M&A.

HomeTrust Bancshares in Asheville, N.C., is beefing up in Tennessee with a deal to acquire TriSummit Bancorp in Kingsport.

Years of branch closures and job cuts are paying off for banks in the form of much-improved efficiency ratios. But with low interest rates still crimping profits, banks remain under pressure to continue reducing expenses.

CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.

Pinnacle, No. 6 in the overall ranking, is No. 2 in the category for banks with $3 billion to $10 billion of assets.

Fitness/wellness program: The "Biggest Loser" 10-week weight loss campaign awards teams and individuals for the most pounds and largest percentage of pounds lost. During the 2016 campaign, 189 employees lost 876 pounds and received prizes ranging from $600 to $1,000.