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Forbes: America's Best and Worst Banks 2012

America's Worst Banks

4. First Horizon National

Headquarters: Memphis, Tenn.
Assets: $26 billion
Price/Book value: 1.0
NPLs/Loans: 2.6%
Reserves/NPLs: 63%
A bank spokesperson says: "Our non-strategic portfolio masks our results." He points to a $250 million second quarter addition to the mortgage repurchase reserve to put "legacy issues behind us."

(Photo via Forbes)

More from Forbes:
America’s Largest Private Companies
See More of America’s Best Banks
See More of America’s Worst Banks



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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