EXHIBIT 21



AMSOUTH BANCORPORATION

LIST OF SUBSIDIARIES

AT DECEMBER 31, 2002



The following is a list of all subsidiaries of AmSouth
Bancorporation showing the jurisdiction in which they were organized.



|Subsidiary Name                                              |  | Jurisdiction Where Organized
|------------------------------------------------------------ |  | ----------------------------
|AMSOUTH BANK                                                 |  | Alabama                     
|AmSouth Auto Receivables LLC                                 |  | Delaware                    
|AmSouth Capital Corporation                                  |  | Delaware                    
|AmSouth Finance Corporation                                  |  | Alabama                     
|AmSouth Leasing Corporation                                  |  | Alabama                     
|A-F Leasing, Ltd.                                            |  | Alabama                     
|AmSouth Leasing, Ltd.                                        |  | Alabama                     
|A-F Leasing, LLC                                             |  | Alabama                     
|AmSouth Insurance Agency, Inc.                               |  | Florida                     
|AmSouth Investment Management Company LLC                    |  | Alabama                     
|AmSouth Investment Services, Inc.                            |  | Alabama                     
|AmSouth Investment Services, Inc. of Mississippi             |  | Mississippi                 
|AmSouth Investment Services, Inc. of Virginia                |  | Virginia                    
|AmSouth Investment Services, Inc. of Louisiana               |  | Louisiana                   
|AmSouth Riverchase, Inc.                                     |  | Alabama                     
|ASB Affordable Housing, Inc.                                 |  | Alabama                     
|Cahaba Holdings, Inc.                                        |  | Delaware                    
|Cahaba Corporation                                           |  | Delaware                    
|Cahaba International, Inc.                                   |  | Delaware                    
|AmSouth Reinsurance Company, Ltd.                            |  | Turks & Caicos Islands      
|Cahaba International, Ltd.                                   |  | Bermuda                     
|Commercial National Investment Services, Inc.                |  | Louisiana                   
|First AmTenn Life Insurance Company                          |  | Mississippi                 
|FirstGulf Insurance Agency, Inc.                             |  | Alabama                     
|Five Points Capital Advisors, Inc.                           |  | Alabama                     
|FMLS, Inc.                                                   |  | Tennessee                   
|Fortune Mortgage Corporation                                 |  | Florida                     
|GTC Title, Inc.                                              |  | Alabama                     
|MCC Holdings, Inc.                                           |  | Alabama                     
|Meriwether Capital Corporation                               |  | Virginia                    
|Highland Rim Title Company                                   |  | Tennessee                   
|IFC Insurance Agency, Inc.                                   |  | Tennessee                   
|OakBrook Investments, LLC (50%)                              |  | Delaware                    
|Service Mortgage and Insurance Agency, Inc.                  |  | Florida                     
|FIRST AMERICAN BUSINESS CAPITAL, INC.                        |  | Tennessee                   
|FIRST AMERICAN ENTERPRISES, INC.                             |  | Tennessee                   
|Non Profit Affiliates                                        |  |                             
|AMSOUTH FOUNDATION (f/k/a AmSouth/First American Foundation) |  | Tennessee                   
|AMSOUTH BANCORPORATION FOUNDATION                            |  | Alabama                     
|AMSOUTH COMMUNITY DEVELOPMENT CORPORATION                    |  | Tennessee