Florida-based company, NAFH was already under Atlanta's jurisdiction. A Raleigh headquarters would have put the bank under Richmond, Virginia, which would have required the same changes as a move. On May 5, 2011, NAFH announced a $217 million deal for 90 percent of Greeneville, Tennessee-based Green Bankshares Inc., with 65 GreenBank branches and $2.5 billion in assets. GreenBank CEO Steve Rownd would be Tennessee market president. With the completion of this transaction in the third quarter, NAFH had $7.1 billion in assets (putting the company in the nation's top 100 banks), $5.4 billion in deposits, and 146 branches in five states. NAFH also bought the remainder of TIB and Capital. In June 2011, NAFH filed with the SEC to raise up to $300 million in an initial public offering. Because the market was not doing well, NAFH postponed the IPO until 2012, after the holding company had changed its name to Capital Bank Financial Corp. In a news release dated March 27, 2012, Capital Bank Financial Corp. said it agreed to buy Southern Community Financial Corp. of Winston-Salem, North Carolina, whose Southern Community Bank and Trust had $1.5 billion in assets and 22 branches, for $2.88 a share. Southern Community, started in 1996, was Winston-Salem's third-largest bank by deposits. The completion of the deal was expected to give Capital Bank Financial $8.1 billion in assets and 165 branches. On October 26, 2016, Capital Bank completed its acquisition of CommunityOne Bank, with $2.4 billion in assets and 45 branches and based in Charlotte, North Carolina, in a deal worth $350 million. On December 1, 2017, Memphis, Tennessee-based First Horizon National Corporation completed its $2.2 billion purchase of Capital Bank. The Capital Bank name continued to be used outside Tennessee until October 2019. Former Capital Bank chief Executive Gene Taylor was added to the First Horizon board of directors as vice chair in addition to receiving over $7 million in change-of-control compensation, while Capital Bank CFO Chris Marshall and Capital Bank CRO R. Bruce Singletary received $4.89 million and $3.34 million respectively. Posner received $2.81 million. Capital Bank announced in October 2018 that it would lease two floors of the ten-story One Glenwood in Raleigh. The lease included a sign on the building. On October 25, 2019, Capital Bank and First Tennessee Bank were unified and rebranded as First Horizon Bank. References External links Company website American companies established in 2009 Banks