Bank Of Tennessee Mortgage Rates, Fees & Info

Kingsport, TN

LEI: 549300CTISSNREVLNO46

Tax ID: 62-0921694

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Mortgage Data

Bank Data

Review & Overview

Bank Of Tennessee is a smaller bank specializing in Home Purchase loans. Bank Of Tennessee has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Nashville, Knoxville, Johnson City, Kingsport, and Boone among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bank Of Tennessee has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bank Of Tennessee is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 3/28/24
30 Year Conventional Purchase 7.12% 3/28/24
30 Year Conventional Refi 7.16% 3/28/24
30 Year Cash-out Refi 6.68% 3/28/24
30 Year FHA Purchase 7.49% 3/28/24
30 Year FHA Refi 6.27% 3/28/24
30 Year VA Purchase 6.34% 3/28/24
30 Year VA Refi 6.27% 3/28/24
30 Year USDA Purchase 6.66% 3/28/24
15 Year Conventional Purchase 7.01% 3/28/24
15 Year Conventional Refi 6.77% 3/28/24
15 Year Cash-out Refi 6.77% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Bank Of Tennessee Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bank Of Tennessee. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

694

Origination Dollar Volume (All Markets)

$243,640,000

Employee count

283

Awards

Bank of Tennessee USDA Loans gold Bank of Tennessee USDA Loans gold
Show all (2) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 305 $106,635,000 $349,623 $4,664 4.51%
KNOXVILLE, TN (FHA|USDA|VA) 41 $56,785,000 $1,385,000 $5,482 4.83%
JOHNSON CITY, TN (FHA|USDA|VA) 158 $36,350,000 $230,063 $3,775 4.82%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 86 $13,710,000 $159,419 $3,938 4.82%
Boone, NC (FHA|USDA|VA) 17 $11,635,000 $684,412 $3,616 4.76%
Outside of Metro Areas 48 $8,980,000 $187,083 $3,723 5.34%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $1,115,000 $159,286 $7,491 5.83%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 4.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $935,000 $187,000 $7,290 4.58%
Dayton, TN (FHA|USDA|VA) 2 $600,000 $300,000 $7,081 5.25%
Cookeville, TN (FHA|USDA|VA) 3 $515,000 $171,667 $4,193 3.83%
Shelbyville, TN (FHA|USDA|VA) 1 $475,000 $475,000 $4,020 3.50%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $465,000 $465,000 $5,958 4.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $425,000 $425,000 $0 5.45%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $425,000 $425,000 $2,767 4.63%
ASHEVILLE, NC (FHA|USDA|VA) 2 $420,000 $210,000 $3,415 4.95%
GREELEY, CO (FHA|USDA|VA) 1 $395,000 $395,000 $2,942 3.63%
MORRISTOWN, TN (FHA|USDA|VA) 2 $380,000 $190,000 $3,443 4.50%
Greeneville, TN (FHA|USDA|VA) 2 $360,000 $180,000 $5,364 5.81%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $345,000 $345,000 $4,467 3.88%
McMinnville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.67%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $285,000 $285,000 $2,809 4.38%
PANAMA CITY, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.78%
Martin, TN (FHA|USDA|VA) 1 $195,000 $195,000 $6,771 3.88%
Newport, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,934 4.63%
London, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,917 4.88%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $155,000 $155,000 $2,976 4.13%
Crossville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $2,567 3.99%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $95,000 $95,000 $3,722 4.94%
Bank Of Tennessee's top markets include Nashville, Knoxville, Johnson City, Kingsport, and Boone among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Bank of Tennessee based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CONSUMER Credit Union
    Similarity Rank: 24
    NORTHEAST COMMUNITY
    Similarity Rank: 60
    US COMMUNITY
    Similarity Rank: 64
    Kingsport Press Credit Union
    Similarity Rank: 135
    ENRICHMENT
    Similarity Rank: 176
    New Peoples Bank, Inc.
    Similarity Rank: 272
    Home Federal Bank of Tennessee
    Similarity Rank: 570
    Y-12 Federal Credit Union
    Similarity Rank: 585
    First Advantage Bank
    Similarity Rank: 650
    THE TENNESSEE CREDIT UNION
    Similarity Rank: 720

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 557 $215,085,000 $386,149 $3,754 4.86%
    FHA 89 $19,185,000 $215,562 $6,931 4.20%
    USDA 25 $3,825,000 $153,000 $4,409 4.14%
    VA 23 $5,545,000 $241,087 $5,318 3.96%

    For 2019, Bank Of Tennessee's most frequently originated type of loan was Conventional, with 557 originations. Their 2nd most popular type was FHA, with 89 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 504 $199,370,000 $395,575 $4,571 4.70%
    Refi 100 $26,060,000 $260,600 $3,846 4.74%
    Cash Out Refi 58 $14,780,000 $254,828 $3,815 4.42%
    Home Improvement 18 $1,970,000 $109,444 $3,480 5.66%
    Other 14 $1,460,000 $104,286 $2,716 5.45%

    For 2019, Bank Of Tennessee's most frequently cited loan purpose was Home Purchase, with 504 originations. The 2nd most popular reason was Refi, with 100 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 502 $128,850,000 $256,673 $4,502 4.54%
    15 Year 61 $7,955,000 $130,410 $3,107 4.93%
    20 Year 55 $10,755,000 $195,545 $2,952 5.29%
    5 Year 41 $61,885,000 $1,509,390 $0 5.46%
    10 Year 17 $7,595,000 $446,765 $2,465 5.11%
    Other 10 $16,870,000 $1,687,000 $2,570 4.66%
    1 Year 6 $2,070,000 $345,000 $5,739 6.22%
    30+ year 1 $7,505,000 $7,505,000 $0 5.75%
    3 Year 1 $155,000 $155,000 $0 6.00%

    For 2019, Bank Of Tennessee's most frequently cited loan duration was 30 Year, with 502 originations. The 2nd most popular length was 15 Year, with 61 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 291 $72,125,000 $247,852
    $<1k 170 $33,120,000 $194,824
    $3k-4k 32 $7,550,000 $235,938
    $2k-3k 29 $4,905,000 $169,138
    $4k-5k 24 $8,400,000 $350,000
    $5k+ 21 $12,855,000 $612,143

    Bank Of Tennessee's average total fees were $4,502, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 291 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 272 $102,910,000 $378,346
    3-4% 200 $52,470,000 $262,350
    5-6% 144 $58,220,000 $404,306
    6-7% 69 $15,815,000 $229,203
    7-8% 5 $685,000 $137,000
    2.5-3% 2 $730,000 $365,000
    <2.5% 1 $12,505,000 $12,505,000

    During 2019, Bank Of Tennessee's average interest rate for loans was 4.54%, while their most frequently originated rate bucket for loans was 4-5%, with 272 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 285 $79,925,000 $280,439 $4,558 4.52%
    $100k-200k 205 $30,665,000 $149,585 $3,822 4.68%
    $100,000 or less 116 $7,950,000 $68,534 $2,818 5.28%
    $400k-600k 58 $26,890,000 $463,621 $6,076 4.65%
    $600k-1MM 16 $13,250,000 $828,125 $8,968 5.06%
    $1MM+ 14 $84,960,000 $6,068,571 $7,155 4.64%

    2019 saw Bank Of Tennessee place emphasis on $200k-400k loans with 285 originations, totaling $79,925,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 143 $26,645,000 $186,329 $4,123 4.61%
    $50k or less 132 $19,090,000 $144,621 $3,695 4.68%
    $100k-150k 116 $32,380,000 $279,138 $4,634 4.67%
    $75k-100k 105 $24,325,000 $231,667 $4,402 4.51%
    $150k-250k 76 $25,090,000 $330,132 $4,916 4.85%
    $250k+ 65 $24,935,000 $383,615 $5,133 4.68%

    Bank Of Tennessee lent most frequently to those with incomes in the $50k-75k range, with 143 originations. The second most popular income band? $50k or less, with 132 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 129 $29,865,000 $231,512 $3,722 4.45%
    30-36% 119 $30,885,000 $259,538 $4,623 4.55%
    <20% 51 $12,345,000 $242,059 $3,654 4.45%
    42% 33 $8,615,000 $261,061 $4,438 4.27%
    44% 30 $7,790,000 $259,667 $4,662 4.97%
    37% 24 $5,940,000 $247,500 $5,220 4.82%
    43% 24 $5,520,000 $230,000 $4,676 4.78%
    39% 21 $4,285,000 $204,048 $3,730 4.66%
    47% 20 $4,680,000 $234,000 $4,862 4.69%
    40% 17 $3,555,000 $209,118 $3,595 4.76%
    41% 15 $2,945,000 $196,333 $3,788 4.53%
    38% 15 $6,255,000 $417,000 $4,655 4.51%
    36% 13 $3,035,000 $233,462 $4,263 4.35%
    48% 13 $2,745,000 $211,154 $4,919 4.98%
    50-60% 12 $2,780,000 $231,667 $6,683 4.18%
    49% 12 $3,640,000 $303,333 $5,911 4.86%
    46% 12 $1,990,000 $165,833 $4,511 4.86%
    45% 10 $2,610,000 $261,000 $4,644 4.75%

    Bank Of Tennessee lent most frequently to those with DTI ratios of 20-30%, with 129 originations. The next most common DTI ratio? 30-36%, with 119 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 571 $135,145,000 $236,681 $4,244 4.65%
    Not applicable 55 $90,915,000 $1,653,000 $0 5.43%
    Not provided 49 $12,585,000 $256,837 $4,851 4.77%
    Black 13 $3,255,000 $250,385 $5,079 4.62%
    Asian 4 $1,440,000 $360,000 $9,292 4.34%
    American Indian 1 $255,000 $255,000 $3,602 4.00%
    Other Asian 1 $45,000 $45,000 $0 5.10%

    Approval Rates

    Total approvals of all applications
    91.80%

    Bank Of Tennessee has an average approval rate.

    Pick Rate

    Approvals leading to origination
    58.93%

    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 694 $243,640,000 $351,066

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $135,000 $135,000
    Multifamily:Site-Built 25 $84,665,000 $3,386,600
    Single Family (1-4 Units):Manufactured 11 $1,155,000 $105,000
    Single Family (1-4 Units):Site-Built 657 $157,685,000 $240,008

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $2,565,000 $95,000 $3,055 5.29%
    40-60% 46 $9,240,000 $200,870 $3,706 4.49%
    60-80% 195 $114,675,000 $588,077 $3,759 4.73%
    80-100% 410 $103,140,000 $251,561 $4,802 4.69%
    Over 100% 4 $13,000,000 $3,250,000 $6,115 3.83%
    Under 20% 12 $1,020,000 $85,000 $2,639 5.47%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 7.1%
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 1 7.1%
    BANK OF THE WEST Other type of mortgage Closing on a mortgage 1 7.1%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 2 14.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 6 42.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Tennessee 100 Med Tech Parkway Johnson City, TN 37604 Full Service B&M $126,996
    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 $47,168
    Bank of Tennessee 1223 Volunteer Parkway Bristol, TN 37620 Full Service B&M $64,201
    Bank of Tennessee 1230 North Main Street Erwin, TN 37650 Full Service B&M $68,401
    Bank of Tennessee 1328 West State Of Franklin Road Johnson City, TN 37604 Full Service B&M $21,367
    Bank of Tennessee 165 Indian Lake Boulevard, Suite 107 Hendersonville, TN 37075 Full Service B&M $10,290
    Bank of Tennessee 1708 Eastman Road Kingsport, TN 37664 Full Service B&M $10,593
    Bank of Tennessee 1917 Highway 394 Blountville, TN 37617 Full Service B&M $46,718
    Bank of Tennessee 1982 Providence Parkway, Suite 103 Mount Juliet, TN 37122 Full Service B&M $8,605
    Bank of Tennessee 200 Bemberg Road Elizabethton, TN 37643 Full Service B&M $18,754
    Bank of Tennessee 2210 Crestmoor Road, Suite 1 Nashville, TN 37215 Full Service B&M $47,500
    Bank of Tennessee 224 Brookview Centre Way, Suite 112 Knoxville, TN 37919 Full Service B&M $71,397
    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 $228,334
    Bank of Tennessee 3828 Highway 105 Banner Elk, NC 28604 Full Service B&M $20,462
    Bank of Tennessee 402 Roy Martin Road Gray, TN 37615 Full Service B&M $10,505
    Bank of Tennessee 4214 Fort Henry Drive Kingsport, TN 37663 Full Service B&M $23,979
    Bank of Tennessee 502 East Jackson Boulevard Jonesborough, TN 37659 Full Service B&M $76,075
    Bank of Tennessee 601 Elk Avenue Elizabethton, TN 37643 Full Service B&M $96,850
    Bank of Tennessee 800 East Broad Street Elizabethton, TN 37643 Full Service B&M $39,747
    Bank of Tennessee Main Street And Highway 19-E Roan Mountain, TN 37687 Full Service B&M $24,598
    Bank of Tennessee Milligan Road Johnson City, TN 37601 Full Service B&M $32,527

    For 2019, Bank Of Tennessee had 23 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $62,480
    Net interest income $49,832
    Total noninterest income $10,505
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,445
    Trading account gains and fees $0
    Additional Noninterest Income $8,060
    Pre-tax net operating income $20,506
    Securities gains (or losses, -) $0
    Income before extraordinary items $20,506
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,506
    Minority interest net income $0
    Net income $20,506
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $20,506

    Bank Of Tennessee's gross interest income from loans was $62,480,000.
    Bank Of Tennessee's net interest income from loans was $49,832,000.
    Bank Of Tennessee's fee based income from loans was $2,445,000.
    Bank Of Tennessee's net income from loans was $20,506,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $12,648
    Provision for credit losses $507
    Total noninterest expense $39,324
    Salaries and employee benefits $23,425
    Premises and equipment expense $5,783
    Additional noninterest expense $10,116
    Applicable income taxes $0
    Net charge-offs $182
    Cash dividends $11,000

    Bank Of Tennessee's interest expense for loans was $12,648,000.
    Bank Of Tennessee's payroll and benefits expense were $23,425,000.
    Bank Of Tennessee's property, plant and equipment expenses $5,783,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 1.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,152,873
    Deposits held in domestic offices $1,152,873
    Deposits by Individuals, partnerships, and corporations $954,726
    Deposits by U.S. Government $152
    Deposits by States and political subdivisions in the U.S. $187,757
    Deposits by Commercial banks and other depository institutions in U.S. $10,238
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $110,267
    Demand deposits $75,311
    Nontransaction accounts $1,042,606
    Money market deposit accounts (MMDAs) $334,828
    Other savings deposits (excluding MMDAs) $539,725
    Total time deposits $168,053
    Total time and savings deposits $1,077,562
    Noninterest-bearing deposits $312,720
    Interest-bearing deposits $840,153
    Retail deposits $1,076,550
    IRAs and Keogh plan accounts $18,151
    Brokered deposits $39,587
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,414,865
    Cash & Balances due from depository institutions $26,937
    Interest-bearing balances $357
    Total securities $184,707
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,105,649
    Loan and leases loss allowance $7,802
    Trading account assets $0
    Bank premises and fixed assets $38,197
    Other real estate owned $80
    Goodwill and other intangibles $0
    All other assets $59,295

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,414,865
    Total Liabilities $1,283,704
    Total deposits $1,152,873
    Interest-bearing deposits $840,153
    Deposits held in domestic offices $1,152,873
    % insured (estimated) $62
    Federal funds purchased and repurchase agreements $26,862
    Trading liabilities $0
    Other borrowed funds $93,985
    Subordinated debt $0
    All other liabilities $9,984

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,105,649
    Loan and leases loss allowance $7,802
    Total loans and leases (domestic) $1,113,451
    All real estate loans $944,430
    Real estate loans in domestic offices $944,430
    Construction and development loans $68,448
    Residential 1-4 family construction $13,355
    Other construction, all land development and other land $55,093
    Loans secured by nonfarm nonresidential properties $423,794
    Nonfarm nonresidential secured by owner-occupied properties $137,671
    Commercial real estate & other non-farm, non-residential $286,123
    Multifamily residential real estate $102,928
    1-4 family residential loans $345,687
    Farmland loans $3,573
    Loans held in foreign offices $0
    Farm loans $496
    Commercial and industrial loans $148,513
    To non-U.S. addressees $0
    Loans to individuals $7,173
    Credit card loans $0
    Related Plans $777
    Consumer Auto Loans $2,708
    Other loans to individuals $3,688
    All other loans & leases $12,839
    Loans to foreign governments and official institutions $0
    Other loans $4,605
    Loans to depository institutions and acceptances of other banks $3,000
    Loans not secured by real estate $12,604
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,361
    Non 1-4 family restructured loans & leases $774
    Total loans and leases (foreign) $0

    Bank of Tennessee had $1,105,649,000 of loans outstanding in 2019. $944,430,000 of loans were in real estate loans. $68,448,000 of loans were in development loans. $102,928,000 of loans were in multifamily mortgage loans. $345,687,000 of loans were in 1-4 family mortgage loans. $496,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,708,000 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 455 $118,677 $260,829
    Nonfarm, nonresidential loans - <$100k 87 $4,147 $47,667
    Nonfarm, nonresidential loans - $100-250k 136 $19,004 $139,735
    Nonfarm, nonresidential loans - $250k-1MM 232 $95,526 $411,750
    Commercial & Industrial, US addressed loans - <$1MM 1,502 $101,667 $67,688
    Commercial & Industrial, US addressed loans - <$100k 1,038 $28,063 $27,036
    Commercial & Industrial, US addressed loans - $100-250k 293 $31,144 $106,294
    Commercial & Industrial, US addressed loans - $250k-1MM 171 $42,460 $248,304
    Farmland loans - <$1MM 23 $2,667 $115,957
    Farmland loans - <$100k 11 $482 $43,818
    Farmland loans - $100-250k 8 $1,086 $135,750
    Farmland loans - $250k-1MM 4 $1,099 $274,750
    Agriculture operations loans - <$1MM 25 $496 $19,840
    Agriculture operations loans - <$100k 25 $496 $19,840