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 Putnam 1st Mercantile Bank
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Putnam 1st Mercantile Bank
| RSSD ID 3393851 | CERTIFICATE 58079 | ABA NUMBER 64109031 |
| 200 W Jackson St |
Quarter Ended : |
2026-03-31 |
| Cookeville, Tennessee, 38501 |
Updated : |
2026-04-24 |
| www.1stmerc.net |
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| Institution Profile |
| Year Opened : |
2005 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
26 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 176,704 |
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Total Interest Income | 2,729 |
| Total Liabilities | 160,180 |
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Total NonInterest Income | 146 |
| Total Bank Equity Capital | 16,524 |
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Total Interest Expense | 1,011 |
| Total Deposits | 158,348 |
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Total NonInterest Expense | 926 |
| Net Loans & Leases | 140,699 |
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Net Income | 793 |
| Loan Loss Allowance | 2,272 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 142,491 |
| Total assets for the leverage ratio | 177,711 |
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Loans secured by real estate: | 126,436 |
| Tier 1 Leverage Ratio | 11.68 |
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Commercial and industrial loans | 13,294 |
| Off Balance Sheet Exposures (%) | 0.08 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,761 |
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:· Putnam 1st Mercantile Bank
