The top executives of BB&T Corp. and First Horizon National Corp. said Wednesday that they are interested in acquisitions but not necessarily ones involving failed institutions.

Kelly King, the chairman and chief executive of BB&T, of Winston-Salem, N.C., said it is seeing very few failed banks that are big enough to be worthwhile to the $163.7 billion-asset company. "We're not particularly interested in $300-to-$400 million" asset banks closed by the Federal Deposit Insurance Corp., he told attendees at a conference hosted by UBS AG.

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