Tennessee

Atlantic Capital Bancshares in Atlanta sold $25 million in capital to help fund its purchase of First Security Group in Chattanooga, Tenn.

First Horizon National Corp. in Memphis expects to be fined up to $11.5 million by federal arbitration panel, in a dispute over its sale of preferred-term securities to First United Corp. in Oakland, Md.

Acquisitions would seem to be a logical course of action for regional banks struggling to cut costs and boost revenues in the low interest rate environment, but some bank chief executives are less open to the idea than others as comments by the heads of First Horizon and SunTrust demonstrate.

First Horizon National Corp. reported a sharp increase in its third-quarter profit as an increase in average loans, lower overhead and a decrease in income tax payments helped to offset a 9% decline in total revenue.

Atlantic Capital Bancshares in Atlanta plans to issue $50 million in subordinated debt to finance its acquisition of First Security Group in Tennessee.

First Horizon National in Memphis, Tenn., has received regulators' approval to acquire TrustAtlantic Financial, after it delayed the closing date.

SmartFinancial in Knoxville, Tenn., has appointed a chief credit officer for its newly acquired Cornerstone Community Bank.

Citizens First in Bowling Green, Ky., has appointed a Tennessee businessman and a Kentucky government official to its board.

First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.

Pinnacle Financial Partners in Nashville, Tenn., plans to raise $60 million in subordinated debt in a private placement.

HomeTrust Bancshares in Asheville, N.C., will close six branches in North Carolina and Tennessee.

First Horizon National in Memphis, Tenn., returned to profitability after reporting a staggering first-quarter loss tied to a mortgage settlement.

Pinnacle Financial Partners in Nashville, Tenn., has added the president of a Knoxville, Tenn., accounting firm to its board.

SmartFinancial in Pigeon Forge, Tenn., has hired a chief experience and strategy officer, ahead of its planned acquisition of Cornerstone Bancshares in Chattanooga, Tenn.

Atlantic Capital Bancshares in Atlanta has increased the portion of its common stock to be used in its pending $160 million acquisition of First Security Group in Chattanooga, Tenn.

A Tennessee community bank investor has acquired a majority stake in AB&T Financial in Gastonia, N.C.

Triumph Bancshares in Memphis says it has been mistakenly contacted by customers of Triumph Bancorp in Dallas, and has concluded that the Triumph moniker isn't big enough for both institutions. It's hoping a lawsuit will force the Texas bank to change its name.

First Farmers and Merchants Bank in Columbia, Tenn., has hired a former Regions Financial banker to run its wealth management operations.

OAK RIDGE, Tenn. — CU Insurance Services of Tennessee, LLC, opened for business just two months after the joint venture was announced.

FirstBank in Lexington, Tenn., has agreed to buy Northwest Georgia Bank in Ringgold.