Bank Of Tennessee Mortgage Rates, Fees & Info
Kingsport, TN
LEI: 549300CTISSNREVLNO46
Tax ID: 62-0921694
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Mortgage Data
Bank Data
Overview
Bank Of Tennessee is a
smaller
bank
specializing in
Home Purchase and Refi loans.
Bank Of Tennessee has a high proportion of conventional loans.
They have a a low proportion of FHA loans. (This may mean they shy away from
first time homebuyers.)
They have a low ratio of USDA loans.
Their top markets include Nashville, Johnson City, Knoxville, Kingsport, and Boone among others. Bank Of Tennessee has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
Bank Of Tennessee is typically
an average fee
lendor.
Originations
1,193
Origination Dollar Volume (All Markets)
$411,065,000
Employee count
281
Relative Rate
Bank Of Tennessee's average 30 year fixed rate mortgage of loans were
3.26%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.11%.
Relative Fees
Bank Of Tennessee's average total fees for a 30 year fixed rate
mortgage are $4,995.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)
|
504
|
$177,260,000 |
$351,706 |
$4,899 |
3.06% |
JOHNSON CITY, TN (FHA|USDA|VA)
|
270
|
$79,860,000 |
$295,778 |
$4,336 |
3.32% |
KNOXVILLE, TN (FHA|USDA|VA)
|
60
|
$58,930,000 |
$982,167 |
$4,859 |
3.44% |
Outside of Metro Areas
|
126 |
$30,490,000 |
$241,984 |
$4,867 |
3.57% |
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA)
|
118
|
$27,510,000 |
$233,136 |
$4,394 |
3.37% |
Boone, NC (FHA|USDA|VA)
|
22
|
$5,070,000 |
$230,455 |
$4,853 |
3.82% |
MORRISTOWN, TN (FHA|USDA|VA)
|
4
|
$3,050,000 |
$762,500 |
$11,423 |
3.38% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)
|
2
|
$2,480,000 |
$1,240,000 |
$9,548 |
3.54% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)
|
4
|
$2,360,000 |
$590,000 |
$11,116 |
3.99% |
CLARKSVILLE, TN-KY (FHA|USDA|VA)
|
7
|
$1,955,000 |
$279,286 |
$4,341 |
2.95% |
Sevierville, TN (FHA|USDA|VA)
|
5
|
$1,765,000 |
$353,000 |
$7,359 |
3.80% |
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA)
|
5
|
$1,405,000 |
$281,000 |
$3,143 |
3.13% |
Greeneville, TN (FHA|USDA|VA)
|
7
|
$1,405,000 |
$200,714 |
$6,128 |
3.61% |
ASHEVILLE, NC (FHA|USDA|VA)
|
5
|
$1,385,000 |
$277,000 |
$4,858 |
3.39% |
Lewisburg, TN (FHA|USDA|VA)
|
7
|
$1,365,000 |
$195,000 |
$4,490 |
3.23% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)
|
3
|
$1,135,000 |
$378,333 |
$6,927 |
3.57% |
CHARLESTON, WV (FHA|USDA|VA)
|
1
|
$905,000 |
$905,000 |
$14,228 |
3.50% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA)
|
2
|
$900,000 |
$450,000 |
$10,916 |
3.84% |
CHATTANOOGA, TN-GA (FHA|USDA|VA)
|
4
|
$880,000 |
$220,000 |
$3,321 |
2.94% |
Breckenridge, CO (FHA|USDA|VA)
|
1
|
$765,000 |
$765,000 |
$10,935 |
3.09% |
Cullowhee, NC (FHA|USDA|VA)
|
1
|
$735,000 |
$735,000 |
$12,606 |
3.21% |
Tullahoma-Manchester, TN (FHA|USDA|VA)
|
2
|
$620,000 |
$310,000 |
$6,103 |
3.63% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)
|
2
|
$610,000 |
$305,000 |
$2,968 |
3.44% |
WINSTON-SALEM, NC (FHA|USDA|VA)
|
2
|
$610,000 |
$305,000 |
$3,177 |
2.81% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA)
|
1
|
$605,000 |
$605,000 |
$3,617 |
2.88% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA)
|
2
|
$600,000 |
$300,000 |
$4,353 |
3.31% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA)
|
1
|
$555,000 |
$555,000 |
$13,963 |
2.63% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)
|
1
|
$535,000 |
$535,000 |
$8,900 |
3.54% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA)
|
1
|
$365,000 |
$365,000 |
$8,676 |
3.79% |
WILMINGTON, NC (FHA|USDA|VA)
|
2
|
$330,000 |
$165,000 |
$1,685 |
2.94% |
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA)
|
1
|
$325,000 |
$325,000 |
$3,230 |
2.75% |
McMinnville, TN (FHA|USDA|VA)
|
1
|
$325,000 |
$325,000 |
$3,444 |
3.38% |
TOLEDO, OH (FHA|USDA|VA)
|
1
|
$315,000 |
$315,000 |
$4,317 |
2.88% |
Lawrenceburg, TN (FHA|USDA|VA)
|
1
|
$295,000 |
$295,000 |
$3,091 |
2.25% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA)
|
1
|
$295,000 |
$295,000 |
$3,157 |
3.25% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)
|
1
|
$285,000 |
$285,000 |
$4,685 |
3.25% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA)
|
1
|
$285,000 |
$285,000 |
$5,605 |
3.88% |
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA)
|
1
|
$275,000 |
$275,000 |
$2,334 |
2.63% |
RICHMOND, VA (FHA|USDA|VA)
|
1
|
$275,000 |
$275,000 |
$4,873 |
3.50% |
Marion, NC (FHA|USDA|VA)
|
1
|
$265,000 |
$265,000 |
$5,181 |
4.12% |
BOWLING GREEN, KY (FHA|USDA|VA)
|
1
|
$245,000 |
$245,000 |
$3,382 |
3.13% |
MADISON, WI (FHA|USDA|VA)
|
1
|
$225,000 |
$225,000 |
$6,858 |
3.25% |
Crossville, TN (FHA|USDA|VA)
|
2
|
$210,000 |
$105,000 |
$2,249 |
3.13% |
Athens, TN (FHA|USDA|VA)
|
1
|
$195,000 |
$195,000 |
$0 |
3.79% |
RALEIGH-CARY, NC (FHA|USDA|VA)
|
1
|
$195,000 |
$195,000 |
$1,256 |
2.75% |
Shelbyville, TN (FHA|USDA|VA)
|
1
|
$195,000 |
$195,000 |
$6,134 |
3.00% |
CLEVELAND, TN (FHA|USDA|VA)
|
1
|
$175,000 |
$175,000 |
$3,157 |
3.25% |
HUNTSVILLE, AL (FHA|USDA|VA)
|
1
|
$115,000 |
$115,000 |
$2,402 |
2.88% |
Morehead City, NC (FHA|USDA|VA)
|
1
|
$105,000 |
$105,000 |
$0 |
3.71% |
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA)
|
1
|
$25,000 |
$25,000 |
$0 |
4.25% |
Bank Of Tennessee's top markets include Nashville, Johnson City, Knoxville, Kingsport, and Boone among others.
Product Mix
Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
Conventional |
1,103 |
$387,565,000 |
$351,374 |
$4,605 |
3.29% |
FHA |
46 |
$11,290,000 |
$245,435 |
$7,496 |
2.98% |
VA |
32 |
$10,310,000 |
$322,188 |
$6,015 |
2.74% |
USDA |
12 |
$1,900,000 |
$158,333 |
$4,564 |
3.04% |
For the 2021 period, Bank Of Tennessee's most frequently
originated loan type
of loans were Conventional, with 1,103 originations.
Their 2nd most popular type is FHA,
with 46 originations.
Loan Reason
Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
Home Purchase |
641 |
$259,815,000 |
$405,328 |
$5,450 |
3.40% |
Refi |
392 |
$111,490,000 |
$284,413 |
$4,234 |
3.08% |
Cash Out Refi |
118 |
$33,480,000 |
$283,729 |
$3,258 |
2.95% |
Home Improvement |
28 |
$3,990,000 |
$142,500 |
$4,967 |
3.85% |
Other |
14 |
$2,290,000 |
$163,571 |
$3,975 |
3.64% |
For the 2021, Bank Of Tennessee's most frequently cited loan
purpose
of loans were Home Purchase, with 641
originations.
The 2nd most popular reason of loans were Refi,
with 392 originations.
Loan Duration/Length
Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
30 Year |
886 |
$266,910,000 |
$301,253 |
$4,995 |
3.26% |
15 Year |
133 |
$29,175,000 |
$219,361 |
$3,812 |
2.77% |
20 Year |
123 |
$36,465,000 |
$296,463 |
$3,679 |
3.68% |
Other |
26 |
$30,660,000 |
$1,179,231 |
$2,799 |
3.45% |
5 Year |
12 |
$45,560,000 |
$3,796,667 |
$0 |
3.98% |
10 Year |
11 |
$2,125,000 |
$193,182 |
$2,622 |
3.29% |
1 Year |
1 |
$145,000 |
$145,000 |
$0 |
4.16% |
3 Year |
1 |
$25,000 |
$25,000 |
$0 |
4.25% |
For the 2021, Bank Of Tennessee's most frequently cited loan
length
of loans were 30 Year, with 886 originations.
The 2nd most popular length of loans were 15 Year,
with 133 originations.
Origination Fees
Origination Fee |
Originations |
Total Value |
Average Loan |
$1k-2k |
639 |
$175,165,000 |
$274,124 |
$2k-3k |
142 |
$20,400,000 |
$143,662 |
$3k-4k |
108 |
$30,380,000 |
$281,296 |
$5k+ |
90 |
$65,320,000 |
$725,778 |
$<1k |
32 |
$9,220,000 |
$288,125 |
$4,995 of loans were Bank Of Tennessee's
average total fees, while their most
frequently occuring range of origination fees were in the
$1k-2k bucket,
with 639 originations.
Interest Rates
Loan Rate |
Originations |
Total Value |
Average Loan |
2.5-3% |
438 |
$127,900,000 |
$292,009 |
3-4% |
426 |
$174,860,000 |
$410,469 |
4-5% |
189 |
$69,815,000 |
$369,392 |
<2.5% |
131 |
$35,815,000 |
$273,397 |
5-6% |
9 |
$2,675,000 |
$297,222 |
During 2021, Bank Of Tennessee's average interest
rate of loans were 3.26%, while their
most frequently originated rate bucket of loans were 2.5-3%,
with 438 originations.
Loan Sizing
Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
$200k-400k |
436 |
$122,850,000 |
$281,766 |
$4,503 |
3.16% |
$100k-200k |
388 |
$58,270,000 |
$150,180 |
$3,628 |
3.34% |
$400k-600k |
169 |
$82,375,000 |
$487,426 |
$5,849 |
3.06% |
$100,000 or less |
121 |
$8,465,000 |
$69,959 |
$3,249 |
3.55% |
$600k-1MM |
56 |
$41,920,000 |
$748,571 |
$9,587 |
3.26% |
$1MM+ |
23 |
$97,185,000 |
$4,225,435 |
$18,528 |
3.74% |
2021 saw Bank Of Tennessee place emphasis on
$200k-400k loans
with 436 originations, totaling
$122,850,000 in origination value.
Applicant Income
Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
$100k-150k |
250 |
$71,860,000 |
$287,440 |
$4,524 |
3.19% |
$50k-75k |
238 |
$47,320,000 |
$198,824 |
$4,170 |
3.16% |
$50k or less |
175 |
$24,895,000 |
$142,257 |
$3,734 |
3.25% |
$75k-100k |
171 |
$48,185,000 |
$281,784 |
$4,645 |
3.12% |
$150k-250k |
169 |
$63,735,000 |
$377,130 |
$5,556 |
3.27% |
$250k+ |
113 |
$61,245,000 |
$541,991 |
$8,104 |
3.42% |
Bank Of Tennessee lent most frequently to those with incomes in the
$100k-150k range, with
250 originations.
The second most popular income band? $50k-75k,
with 238 originations.
Applicant Debt to Income Ratio
DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
20-30% |
244 |
$70,270,000 |
$287,992 |
$4,207 |
3.12% |
30-36% |
222 |
$63,520,000 |
$286,126 |
$4,688 |
3.18% |
<20% |
207 |
$47,885,000 |
$231,329 |
$4,231 |
3.38% |
42% |
47 |
$14,125,000 |
$300,532 |
$4,833 |
3.18% |
41% |
42 |
$12,530,000 |
$298,333 |
$4,528 |
3.17% |
36% |
42 |
$9,820,000 |
$233,810 |
$4,766 |
3.26% |
37% |
42 |
$13,610,000 |
$324,048 |
$5,671 |
3.18% |
38% |
37 |
$9,555,000 |
$258,243 |
$4,035 |
3.01% |
40% |
36 |
$12,070,000 |
$335,278 |
$5,171 |
3.15% |
39% |
35 |
$12,695,000 |
$362,714 |
$5,709 |
3.15% |
43% |
32 |
$10,350,000 |
$323,438 |
$5,925 |
3.44% |
44% |
28 |
$7,820,000 |
$279,286 |
$5,253 |
3.19% |
45% |
26 |
$7,450,000 |
$286,538 |
$4,810 |
3.34% |
48% |
24 |
$8,050,000 |
$335,417 |
$6,209 |
3.38% |
46% |
19 |
$6,395,000 |
$336,579 |
$5,889 |
3.30% |
49% |
19 |
$7,145,000 |
$376,053 |
$6,710 |
3.25% |
47% |
16 |
$3,510,000 |
$219,375 |
$5,481 |
3.49% |
50-60% |
11 |
$3,305,000 |
$300,455 |
$7,801 |
2.93% |
Bank Of Tennessee lent most frequently to those with DTI ratios
of 20-30%, with
244 originations.
The next most common DTI ratio? 30-36%,
with 222 originations.
Ethnicity Mix
Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
White |
933 |
$265,335,000 |
$284,389 |
$4,726 |
3.25% |
Not applicable |
53 |
$82,945,000 |
$1,565,000 |
$0 |
4.04% |
Not provided |
140 |
$43,030,000 |
$307,357 |
$4,961 |
3.08% |
Black |
44 |
$12,850,000 |
$292,045 |
$5,309 |
3.11% |
Asian |
18 |
$5,920,000 |
$328,889 |
$5,248 |
3.37% |
American Indian |
1 |
$345,000 |
$345,000 |
$3,212 |
3.00% |
Chinese |
1 |
$175,000 |
$175,000 |
$2,129 |
2.63% |
|
1 |
$175,000 |
$175,000 |
$5,524 |
3.25% |
Korean |
1 |
$155,000 |
$155,000 |
$2,497 |
2.63% |
Asian Indian |
1 |
$135,000 |
$135,000 |
$0 |
4.35% |
Approval Rates
Total approvals of all applications
92.32%
Bank Of Tennessee has an average approval rate.
Pick Rate
Approvals leading to origination
65.28%
Bank Of Tennessee has a low pick rate. They may have issues
with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
Points |
Originations |
Total Value |
Average Loan |
NA |
1,193 |
$411,065,000 |
$344,564 |
Occupancy Type Mix
Dwelling Type |
Originations |
Total Value |
Average Loan |
|
1,193 |
$411,065,000 |
$344,564 |
LTV Distribution
Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
20-40% |
58 |
$9,960,000 |
$171,724 |
$3,426 |
3.16% |
40-60% |
170 |
$42,950,000 |
$252,647 |
$3,939 |
3.06% |
60-80% |
414 |
$187,160,000 |
$452,077 |
$4,390 |
3.17% |
80-100% |
526 |
$167,490,000 |
$318,422 |
$5,406 |
3.42% |
Over 100% |
8 |
$1,730,000 |
$216,250 |
$8,709 |
2.84% |
Under 20% |
15 |
$1,765,000 |
$117,667 |
$3,043 |
3.14% |
Complaints
Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
BANK OF THE WEST |
Conventional home mortgage |
Trouble during payment process |
6 |
20.0% |
BANK OF THE WEST |
VA mortgage |
Trouble during payment process |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Trouble during payment process |
2 |
6.7% |
BANK OF THE WEST |
Other type of mortgage |
Struggling to pay mortgage |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Closing on a mortgage |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Applying for a mortgage or refinancing an existing mortgage |
1 |
3.3% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Trouble during payment process |
3 |
10.0% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Closing on a mortgage |
4 |
13.3% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Applying for a mortgage or refinancing an existing mortgage |
2 |
6.7% |
BANK OF THE WEST |
FHA mortgage |
Trouble during payment process |
1 |
3.3% |
BANK OF THE WEST |
Conventional home mortgage |
Struggling to pay mortgage |
2 |
6.7% |
BANK OF THE WEST |
Conventional home mortgage |
Applying for a mortgage or refinancing an existing mortgage |
5 |
16.7% |
BANK OF THE WEST |
Conventional home mortgage |
Closing on a mortgage |
1 |
3.3% |
Bank Details
Branches
Bank Name |
Branch |
Branch Type |
Deposits (000's) |
Bank of Tennessee |
3828 Highway 105 Banner Elk, NC 28604 |
Full Service B&M
|
$46,205 |
Bank of Tennessee |
1223 Volunteer Parkway Bristol, TN 37620 |
Full Service B&M
|
$118,619 |
Bank of Tennessee |
1230 North Main Street Erwin, TN 37650 |
Full Service B&M
|
$80,488 |
Bank of Tennessee |
1328 West State Of Franklin Road Johnson City, TN 37604 |
Full Service B&M
|
$27,544 |
Bank of Tennessee |
165 Indian Lake Boulevard, Suite 107 Hendersonville, TN 37075 |
Full Service B&M
|
$22,958 |
Bank of Tennessee |
1708 Eastman Road Kingsport, TN 37664 |
Full Service B&M
|
$15,728 |
Bank of Tennessee |
1917 Highway 394 Blountville, TN 37617 |
Full Service B&M
|
$58,922 |
Bank of Tennessee |
1982 Providence Parkway, Suite 103 Mount Juliet, TN 37122 |
Full Service B&M
|
$18,979 |
Bank of Tennessee |
200 Bemberg Road Elizabethton, TN 37643 |
Full Service B&M
|
$25,625 |
Bank of Tennessee |
2210 Crestmoor Road, Suite 1 Nashville, TN 37215 |
Full Service B&M
|
$47,695 |
Bank of Tennessee |
224 Brookview Centre Way, Suite 112 Knoxville, TN 37919 |
Full Service B&M
|
$115,480 |
Bank of Tennessee |
301 East Center Street Kingsport, TN 37660 |
Limited, Administrative
|
$0 |
Bank of Tennessee |
301 East Center Street Kingsport, TN 37660 |
Full Service B&M
|
$237,253 |
Bank of Tennessee |
100 Med Tech Parkway Johnson City, TN 37604 |
Full Service B&M
|
$224,200 |
Bank of Tennessee |
10431 Wallace Alley Street Kingsport, TN 37663 |
Limited, Administrative
|
$0 |
Bank of Tennessee |
112 Mountcastle Drive Johnson City, TN 37601 |
Full Service B&M
|
$67,705 |
Bank of Tennessee |
402 Roy Martin Road Gray, TN 37615 |
Full Service B&M
|
$18,260 |
Bank of Tennessee |
4214 Fort Henry Drive Kingsport, TN 37663 |
Full Service B&M
|
$33,970 |
Bank of Tennessee |
502 East Jackson Boulevard Jonesborough, TN 37659 |
Full Service B&M
|
$129,435 |
Bank of Tennessee |
601 Elk Avenue Elizabethton, TN 37643 |
Full Service B&M
|
$137,597 |
Bank of Tennessee |
800 East Broad Street Elizabethton, TN 37643 |
Full Service B&M
|
$54,808 |
Bank of Tennessee |
Main Street And Highway 19-E Roan Mountain, TN 37687 |
Full Service B&M
|
$30,060 |
Bank of Tennessee |
Milligan Road Johnson City, TN 37601 |
Full Service B&M
|
$41,490 |
For 2021, Bank Of Tennessee had 23 branches.
Yearly Performance Overview
Bank Income
Bank Of Tennessee's gross interest income from loans was $62,219,000.
Bank Of Tennessee's net interest income from loans was $58,498,000.
Bank Of Tennessee's fee based income from loans was $2,010,000.
Bank Of Tennessee's net income from loans was $27,570,000.
Bank Expenses
Item |
Value (in 000's) |
Total interest expense |
$3,721 |
Provision for credit losses |
$580 |
Total noninterest expense |
$43,952 |
Salaries and employee benefits |
$26,706 |
Premises and equipment expense |
$6,087 |
Additional noninterest expense |
$11,159 |
Applicable income taxes |
$0 |
Net charge-offs |
$302 |
Cash dividends |
$12,700 |
Bank Of Tennessee's interest expense for loans was $3,721,000.
Bank Of Tennessee's payroll and benefits expense were $26,706,000.
Bank Of Tennessee's property, plant and equipment expenses $6,087,000.
Deposits
Type |
Value (in 000's) |
Total deposits |
$1,602,941 |
Deposits held in domestic offices |
$1,602,941 |
Deposits by Individuals, partnerships, and corporations |
$1,352,056 |
Deposits by U.S. Government |
$151 |
Deposits by States and political subdivisions in the U.S. |
$240,222 |
Deposits by Commercial banks and other depository institutions in U.S. |
$10,512 |
Deposits by Banks in foreign countries |
$0 |
Deposits by Foreign governments and official institutions |
$0 |
Transaction accounts |
$836,059 |
Demand deposits |
$551,113 |
Nontransaction accounts |
$766,882 |
Money market deposit accounts (MMDAs) |
$472,256 |
Other savings deposits (excluding MMDAs) |
$201,316 |
Total time deposits |
$93,310 |
Total time and savings deposits |
$1,051,828 |
Noninterest-bearing deposits |
$552,107 |
Interest-bearing deposits |
$1,050,834 |
Retail deposits |
$1,578,712 |
IRAs and Keogh plan accounts |
$19,638 |
Brokered deposits |
$0 |
Deposits held in foreign offices |
$0 |
Assets
Asset |
Value (in 000's) |
Total Assets |
$1,784,992 |
Cash & Balances due from depository institutions |
$173,256 |
Interest-bearing balances |
$108,139 |
Total securities |
$224,069 |
Federal funds sold & reverse repurchase |
$47,455 |
Net loans and leases |
$1,242,780 |
Loan and leases loss allowance |
$11,429 |
Trading account assets |
$0 |
Bank premises and fixed assets |
$34,994 |
Other real estate owned |
$0 |
Goodwill and other intangibles |
$0 |
All other assets |
$62,438 |
Liabilities
Liabilities |
Value (in 000's) |
Total liabilities and capital |
$1,784,992 |
Total Liabilities |
$1,628,377 |
Total deposits |
$1,602,941 |
Interest-bearing deposits |
$1,050,834 |
Deposits held in domestic offices |
$1,602,941 |
% insured (estimated) |
$59 |
Federal funds purchased and repurchase agreements |
$12,802 |
Trading liabilities |
$0 |
Other borrowed funds |
$0 |
Subordinated debt |
$0 |
All other liabilities |
$12,634 |
Issued Loan Types
Type |
Value (in 000's) |
Net loans and leases |
$1,242,780 |
Loan and leases loss allowance |
$11,429 |
Total loans and leases (domestic) |
$1,254,209 |
All real estate loans |
$1,071,211 |
Real estate loans in domestic offices |
$1,071,211 |
Construction and development loans |
$103,084 |
Residential 1-4 family construction |
$18,085 |
Other construction, all land development and other land |
$84,999 |
Loans secured by nonfarm nonresidential properties |
$470,282 |
Nonfarm nonresidential secured by owner-occupied properties |
$181,502 |
Commercial real estate & other non-farm, non-residential |
$288,780 |
Multifamily residential real estate |
$134,348 |
1-4 family residential loans |
$360,340 |
Farmland loans |
$3,157 |
Loans held in foreign offices |
$0 |
Farm loans |
$266 |
Commercial and industrial loans |
$171,493 |
To non-U.S. addressees |
$0 |
Loans to individuals |
$6,336 |
Credit card loans |
$0 |
Related Plans |
$509 |
Consumer Auto Loans |
$3,194 |
Other loans to individuals |
$2,633 |
All other loans & leases |
$5,336 |
Loans to foreign governments and official institutions |
$0 |
Other loans |
$3,068 |
Loans to depository institutions and acceptances of other banks |
$0 |
Loans not secured by real estate |
$17,492 |
Loans secured by real estate to non-U.S. addressees |
$0 |
Restructured Loans & leases |
$775 |
Non 1-4 family restructured loans & leases |
$526 |
Total loans and leases (foreign) |
$0 |
Bank of Tennessee had $1,242,780,000 of loans outstanding in 2021. $1,071,211,000 of loans were in real estate loans.
$103,084,000 of loans were in development loans. $134,348,000 of loans were in multifamily mortgage loans.
$360,340,000 of loans were in 1-4 family mortgage loans. $266,000 of loans were in farm loans. $0
of loans were in credit card loans. $3,194,000 of loans were in the auto loan category.
Small Business Loans
Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
Nonfarm, nonresidential loans - <$1MM |
470 |
$124,653 |
$265,219 |
Nonfarm, nonresidential loans - <$100k |
87 |
$3,758 |
$43,195 |
Nonfarm, nonresidential loans - $100-250k |
147 |
$20,326 |
$138,272 |
Nonfarm, nonresidential loans - $250k-1MM |
236 |
$100,569 |
$426,140 |
Commercial & Industrial, US addressed loans - <$1MM |
1,743 |
$112,244 |
$64,397 |
Commercial & Industrial, US addressed loans - <$100k |
1,208 |
$30,023 |
$24,853 |
Commercial & Industrial, US addressed loans - $100-250k |
347 |
$32,929 |
$94,896 |
Commercial & Industrial, US addressed loans - $250k-1MM |
188 |
$49,292 |
$262,191 |
Farmland loans - <$1MM |
18 |
$1,883 |
$104,611 |
Farmland loans - <$100k |
9 |
$391 |
$43,444 |
Farmland loans - $100-250k |
6 |
$795 |
$132,500 |
Farmland loans - $250k-1MM |
3 |
$697 |
$232,333 |
Agriculture operations loans - <$1MM |
19 |
$266 |
$14,000 |
Agriculture operations loans - <$100k |
19 |
$266 |
$14,000 |