The First National Bank Of Middle Tennessee Mortgage Rates, Fees & Info

McMinnville, TN

LEI: 549300RP3DLR09NF6157

Tax ID: 62-1203303

5 stars - out of 5 stars, based on 37 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    The First National Bank Of Middle Tennessee is a smaller bank specializing in Home Purchase and Refi loans. The First National Bank Of Middle 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, Mcminnville, Shelbyville, Tullahoma, and Jackson among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The First National Bank Of Middle 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. The First National Bank Of Middle Tennessee is typically an average 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
    30 Year Conventional Purchase 7.27% 11/26/22
    30 Year Conventional Refi 6.85% 11/26/22
    30 Year Cash-out Refi 7.01% 11/26/22
    30 Year FHA Purchase 7.54% 11/26/22
    30 Year FHA Refi 7.33% 11/26/22
    30 Year VA Purchase 6.62% 11/26/22
    30 Year VA Refi 6.22% 11/26/22
    30 Year USDA Purchase 6.97% 11/26/22
    30 Year USDA Refi 6.75% 11/26/22
    15 Year Conventional Purchase 6.23% 11/26/22
    15 Year Conventional Refi 6.16% 11/26/22
    15 Year Cash-out Refi 6.16% 11/26/22
    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.


    Originations

    1,349

    Origination Dollar Volume (All Markets)

    $356,475,000

    Employee count

    140 Show all (11) awards

    Relative Rate

    The First National Bank Of Middle Tennessee's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    The First National Bank Of Middle Tennessee's average total fees/closing costs for a 30 year fixed rate mortgage were $4,170.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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) 789 $232,225,000 $294,328 $3,978 3.20%
    McMinnville, TN (FHA|USDA|VA) 131 $23,985,000 $183,092 $3,204 3.24%
    Shelbyville, TN (FHA|USDA|VA) 87 $20,615,000 $236,954 $3,799 3.14%
    Outside of Metro Areas 78 $16,020,000 $205,385 $3,641 3.05%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 48 $11,770,000 $245,208 $3,862 3.29%
    JACKSON, TN (FHA|USDA|VA) 41 $6,305,000 $153,780 $3,554 2.81%
    Lewisburg, TN (FHA|USDA|VA) 26 $6,300,000 $242,308 $3,664 2.90%
    Lawrenceburg, TN (FHA|USDA|VA) 26 $5,500,000 $211,538 $4,797 2.81%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 20 $5,480,000 $274,000 $4,495 3.49%
    Cookeville, TN (FHA|USDA|VA) 10 $2,180,000 $218,000 $4,597 3.43%
    Dayton, TN (FHA|USDA|VA) 12 $2,090,000 $174,167 $4,032 2.96%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $1,925,000 $1,925,000 $14,340 3.25%
    KNOXVILLE, TN (FHA|USDA|VA) 9 $1,735,000 $192,778 $4,798 2.74%
    HUNTSVILLE, AL (FHA|USDA|VA) 7 $1,715,000 $245,000 $4,116 2.91%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $1,455,000 $1,455,000 $4,901 3.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,290,000 $215,000 $3,745 2.98%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,280,000 $320,000 $3,433 2.81%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $3,894 3.25%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $975,000 $325,000 $4,172 3.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $810,000 $405,000 $5,654 3.56%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $805,000 $268,333 $3,857 2.75%
    TUSCALOOSA, AL (FHA|USDA|VA) 4 $720,000 $180,000 $3,639 2.84%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $670,000 $335,000 $4,354 2.75%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $640,000 $320,000 $6,243 2.81%
    Cullman, AL (FHA|USDA|VA) 1 $585,000 $585,000 $2,719 3.00%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $585,000 $585,000 $6,272 2.88%
    Sevierville, TN (FHA|USDA|VA) 2 $530,000 $265,000 $3,820 2.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $515,000 $515,000 $5,451 2.63%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $465,000 $155,000 $2,324 2.71%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $445,000 $445,000 $4,993 3.50%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $435,000 $435,000 $18,672 2.63%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $420,000 $210,000 $3,256 2.75%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,455 2.88%
    Greeneville, TN (FHA|USDA|VA) 1 $395,000 $395,000 $3,381 3.13%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $385,000 $385,000 $4,684 2.88%
    TUCSON, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $3,427 3.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $275,000 $275,000 $3,176 3.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $265,000 $265,000 $1,034 3.00%
    Paris, TN (FHA|USDA|VA) 2 $260,000 $130,000 $2,230 2.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $255,000 $255,000 $7,573 2.75%
    Crossville, TN (FHA|USDA|VA) 2 $250,000 $125,000 $2,126 2.63%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $235,000 $235,000 $3,284 3.13%
    CLEVELAND, TN (FHA|USDA|VA) 1 $235,000 $235,000 $4,457 3.00%
    Athens, TN (FHA|USDA|VA) 1 $225,000 $225,000 $5,580 3.00%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $225,000 $225,000 $2,494 2.25%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.63%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $195,000 $195,000 $7,774 2.38%
    COLUMBIA, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,372 3.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.88%
    Bluefield, WV-VA (FHA|USDA|VA) 1 $155,000 $155,000 $5,470 3.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,126 2.88%
    MOBILE, AL (FHA|USDA|VA) 1 $125,000 $125,000 $2,491 3.00%
    JOPLIN, MO (FHA|USDA|VA) 1 $105,000 $105,000 $873 2.25%
    The First National Bank Of Middle Tennessee's top markets include Nashville, Mcminnville, Shelbyville, Tullahoma, and Jackson among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,090 $288,000,000 $264,220 $3,155 3.24%
    FHA 124 $31,160,000 $251,290 $7,789 2.85%
    VA 69 $23,145,000 $335,435 $6,034 2.65%
    USDA 66 $14,170,000 $214,697 $5,321 2.84%

    For 2021, The First National Bank Of Middle Tennessee's most frequently originated type of loan was Conventional, with 1,090 originations. Their 2nd most popular type was FHA, with 124 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 735 $204,105,000 $277,694 $4,416 3.30%
    Refi 370 $97,610,000 $263,811 $3,011 2.94%
    Cash Out Refi 240 $54,670,000 $227,792 $3,678 3.02%
    Home Improvement 4 $90,000 $22,500 $1,284 4.26%

    For 2021, The First National Bank Of Middle Tennessee's most frequently cited loan purpose was Home Purchase, with 735 originations. The 2nd most popular reason was Refi, with 370 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,046 $295,140,000 $282,161 $4,170 3.18%
    15 Year 138 $25,740,000 $186,522 $2,905 2.53%
    20 Year 69 $15,275,000 $221,377 $2,460 3.40%
    10 Year 40 $9,020,000 $225,500 $2,613 3.32%
    Other 31 $5,745,000 $185,323 $2,496 3.58%
    5 Year 14 $3,290,000 $235,000 $960 4.09%
    1 Year 10 $2,250,000 $225,000 $2,105 3.98%
    3 Year 1 $15,000 $15,000 $1,152 4.00%

    For 2021, The First National Bank Of Middle Tennessee's most frequently cited loan duration was 30 Year, with 1,046 originations. The 2nd most popular length was 15 Year, with 138 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 940 $247,770,000 $263,585
    $1k-2k 186 $41,750,000 $224,462
    $2k-3k 63 $14,625,000 $232,143
    $3k-4k 28 $9,840,000 $351,429
    $4k-5k 16 $5,570,000 $348,125
    $5k+ 13 $8,255,000 $635,000

    The First National Bank Of Middle Tennessee's average total fees were $4,170, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 940 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 575 $159,685,000 $277,713
    2.5-3% 529 $137,615,000 $260,142
    <2.5% 176 $41,990,000 $238,580
    4-5% 61 $15,795,000 $258,934
    5-6% 4 $310,000 $77,500
    % 4 $1,080,000 $270,000

    During 2021, The First National Bank Of Middle Tennessee's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 575 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 674 $188,250,000 $279,303 $4,223 3.17%
    $100k-200k 409 $62,755,000 $153,435 $3,116 3.08%
    $400k-600k 144 $68,700,000 $477,083 $4,818 3.13%
    $100,000 or less 92 $6,650,000 $72,283 $2,394 3.35%
    $600k-1MM 20 $14,090,000 $704,500 $6,220 3.38%
    $1MM+ 10 $16,030,000 $1,603,000 $8,772 3.29%

    2021 saw The First National Bank Of Middle Tennessee place emphasis on $200k-400k loans with 674 originations, totaling $188,250,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 395 $88,415,000 $223,835 $3,934 3.19%
    $50k or less 265 $45,565,000 $171,943 $3,464 3.21%
    $75k-100k 233 $60,905,000 $261,395 $4,088 3.15%
    $100k-150k 226 $68,480,000 $303,009 $3,977 3.09%
    $150k-250k 109 $40,485,000 $371,422 $4,114 3.05%
    $250k+ 57 $26,915,000 $472,193 $4,925 3.22%

    The First National Bank Of Middle Tennessee lent most frequently to those with incomes in the $50k-75k range, with 395 originations. The second most popular income band? $50k or less, with 265 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 302 $73,990,000 $245,000 $3,201 3.05%
    30-36% 242 $65,220,000 $269,504 $4,022 3.14%
    <20% 99 $25,755,000 $260,152 $3,172 2.95%
    44% 58 $15,540,000 $267,931 $4,132 3.19%
    38% 57 $14,985,000 $262,895 $4,048 3.15%
    41% 53 $13,515,000 $255,000 $4,428 3.23%
    39% 50 $13,650,000 $273,000 $3,608 3.21%
    43% 47 $13,155,000 $279,894 $3,938 3.18%
    40% 46 $10,960,000 $238,261 $3,265 3.31%
    36% 44 $9,730,000 $221,136 $3,618 3.49%
    37% 40 $9,340,000 $233,500 $4,063 3.18%
    47% 38 $9,870,000 $259,737 $4,184 3.20%
    50-60% 38 $10,980,000 $288,947 $7,726 2.88%
    45% 36 $9,480,000 $263,333 $4,019 3.22%
    42% 34 $10,200,000 $300,000 $3,635 3.23%
    46% 34 $9,040,000 $265,882 $5,570 3.02%
    48% 28 $7,450,000 $266,071 $4,433 3.07%
    49% 19 $5,085,000 $267,632 $4,673 3.07%
    >60% 3 $965,000 $321,667 $2,422 3.04%

    The First National Bank Of Middle Tennessee lent most frequently to those with DTI ratios of 20-30%, with 302 originations. The next most common DTI ratio? 30-36%, with 242 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,229 $315,495,000 $256,709 $3,787 3.15%
    Black 62 $18,180,000 $293,226 $6,187 3.03%
    Not applicable 21 $12,565,000 $598,333 $0 3.90%
    Not provided 17 $4,575,000 $269,118 $3,446 3.13%
    Asian 13 $3,615,000 $278,077 $4,255 2.99%
    American Indian 4 $1,270,000 $317,500 $2,835 3.22%
    Asian Indian 2 $530,000 $265,000 $3,251 2.81%
    Other Asian 1 $245,000 $245,000 $0 3.59%

    Approval Rates

    Total approvals of all applications
    94.50%

    The First National Bank Of Middle Tennessee has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.88%

    The First National Bank Of Middle Tennessee has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,349 $356,475,000 $264,251

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,349 $356,475,000 $264,251

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 66 $10,040,000 $152,121 $2,589 2.88%
    40-60% 170 $36,170,000 $212,765 $3,022 2.89%
    60-80% 416 $113,130,000 $271,947 $3,311 3.11%
    80-100% 674 $191,970,000 $284,822 $4,387 3.27%
    Over 100% 12 $4,360,000 $363,333 $14,720 2.70%
    Under 20% 11 $805,000 $73,182 $1,928 4.11%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The First National Bank of Middle Tennessee 1408 Sparta Street Mcminnville, TN 37110 Full Service B&M $13,199
    The First National Bank of Middle Tennessee 3 Lynn Street Viola, TN 37394 Full Service B&M $6,069
    The First National Bank of Middle Tennessee 3427 Memorial Blvd Murfreesboro, TN 37129 Full Service B&M $21,171
    The First National Bank of Middle Tennessee 917 Smithville Highway Mcminnville, TN 37110 Full Service B&M $41,544
    The First National Bank of Middle Tennessee 9970 Manchester Highway Morrison, TN 37357 Full Service B&M $25,053
    The First National Bank of Middle Tennessee 1700 N Main St Shelbyville, TN 37160 Full Service Cyber Office $6,144
    The First National Bank of Middle Tennessee 1708 Gateway Blvd Murfreesboro, TN 37129 Full Service B&M $38,092
    The First National Bank of Middle Tennessee 1911 21st Ave South Nashville, TN 37212 Full Service B&M $9,650
    The First National Bank of Middle Tennessee 200 East Main Street Mcminnville, TN 37110 Full Service B&M $335,897

    For 2021, The First National Bank Of Middle Tennessee had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $20,327
    Net interest income $17,342
    Total noninterest income $12,168
    Gross Fiduciary activities income $157
    Service charges on deposit accounts $673
    Trading account gains and fees $0
    Additional Noninterest Income $11,338
    Pre-tax net operating income $9,027
    Securities gains (or losses, -) $67
    Income before extraordinary items $7,304
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,304
    Minority interest net income $0
    Net income $7,304
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,250

    The First National Bank Of Middle Tennessee's gross interest income from loans was $20,327,000.
    The First National Bank Of Middle Tennessee's net interest income from loans was $17,342,000.
    The First National Bank Of Middle Tennessee's fee based income from loans was $673,000.
    The First National Bank Of Middle Tennessee's net income from loans was $7,304,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,985
    Provision for credit losses $950
    Total noninterest expense $19,533
    Salaries and employee benefits $13,048
    Premises and equipment expense $1,290
    Additional noninterest expense $5,195
    Applicable income taxes $1,790
    Net charge-offs $-79
    Cash dividends $2,956

    The First National Bank Of Middle Tennessee's interest expense for loans was $2,985,000.
    The First National Bank Of Middle Tennessee's payroll and benefits expense were $13,048,000.
    The First National Bank Of Middle Tennessee's property, plant and equipment expenses $1,290,000.

    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 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    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 $580,053
    Deposits held in domestic offices $580,053
    Deposits by Individuals, partnerships, and corporations $540,710
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $39,101
    Deposits by Commercial banks and other depository institutions in U.S. $242
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $260,614
    Demand deposits $208,632
    Nontransaction accounts $319,439
    Money market deposit accounts (MMDAs) $89,312
    Other savings deposits (excluding MMDAs) $78,067
    Total time deposits $152,060
    Total time and savings deposits $371,421
    Noninterest-bearing deposits $88,224
    Interest-bearing deposits $491,829
    Retail deposits $521,880
    IRAs and Keogh plan accounts $25,253
    Brokered deposits $6,965
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $693,921
    Cash & Balances due from depository institutions $78,780
    Interest-bearing balances $73,165
    Total securities $64,766
    Federal funds sold & reverse repurchase $0
    Net loans and leases $511,609
    Loan and leases loss allowance $5,023
    Trading account assets $0
    Bank premises and fixed assets $8,025
    Other real estate owned $0
    Goodwill and other intangibles $195
    All other assets $30,546

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $693,921
    Total Liabilities $618,164
    Total deposits $580,053
    Interest-bearing deposits $491,829
    Deposits held in domestic offices $580,053
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $17,526
    Trading liabilities $0
    Other borrowed funds $15,000
    Subordinated debt $0
    All other liabilities $5,585

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $511,609
    Loan and leases loss allowance $5,023
    Total loans and leases (domestic) $516,632
    All real estate loans $476,418
    Real estate loans in domestic offices $476,418
    Construction and development loans $71,567
    Residential 1-4 family construction $27,061
    Other construction, all land development and other land $44,506
    Loans secured by nonfarm nonresidential properties $187,693
    Nonfarm nonresidential secured by owner-occupied properties $88,378
    Commercial real estate & other non-farm, non-residential $99,315
    Multifamily residential real estate $7,685
    1-4 family residential loans $202,831
    Farmland loans $6,642
    Loans held in foreign offices $0
    Farm loans $5
    Commercial and industrial loans $34,819
    To non-U.S. addressees $0
    Loans to individuals $1,637
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,277
    Other loans to individuals $360
    All other loans & leases $3,754
    Loans to foreign governments and official institutions $0
    Other loans $3,754
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The First National Bank of Middle Tennessee had $511,609,000 of loans outstanding in 2021. $476,418,000 of loans were in real estate loans. $71,567,000 of loans were in development loans. $7,685,000 of loans were in multifamily mortgage loans. $202,831,000 of loans were in 1-4 family mortgage loans. $5,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,277,000 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 146 $46,731 $320,075
    Nonfarm, nonresidential loans - <$100k 41 $1,956 $47,707
    Nonfarm, nonresidential loans - $100-250k 26 $4,565 $175,577
    Nonfarm, nonresidential loans - $250k-1MM 79 $40,210 $508,987
    Commercial & Industrial, US addressed loans - <$1MM 99 $14,399 $145,444
    Commercial & Industrial, US addressed loans - <$100k 62 $2,513 $40,532
    Commercial & Industrial, US addressed loans - $100-250k 20 $3,133 $156,650
    Commercial & Industrial, US addressed loans - $250k-1MM 17 $8,753 $514,882
    Farmland loans - <$1MM 36 $4,091 $113,639
    Farmland loans - <$100k 20 $992 $49,600
    Farmland loans - $100-250k 12 $1,883 $156,917
    Farmland loans - $250k-1MM 4 $1,216 $304,000
    Agriculture operations loans - <$1MM 2 $5 $2,500
    Agriculture operations loans - <$100k 2 $5 $2,500