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 Putnam 1st Mercantile Bank
Putnam 1st Mercantile Bank
| RSSD ID 3393851 | CERTIFICATE 58079 | ABA NUMBER 64109031 |
| 200 W Jackson St |
Quarter Ended : |
2025-03-31 |
| Cookeville, Tennessee, 38501 |
Updated : |
2025-04-28 |
| 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 | 155,379 |
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Total Interest Income | 2,377 |
| Total Liabilities | 141,234 |
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Total NonInterest Income | 153 |
| Total Bank Equity Capital | 14,145 |
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Total Interest Expense | 1,007 |
| Total Deposits | 139,425 |
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Total NonInterest Expense | 903 |
| Net Loans & Leases | 119,272 |
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Net Income | 500 |
| Loan Loss Allowance | 1,944 |
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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 | 121,763 |
| Total assets for the leverage ratio | 159,549 |
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Loans secured by real estate: | 104,000 |
| Tier 1 Leverage Ratio | 12.07 |
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Commercial and industrial loans | 12,998 |
| Off Balance Sheet Exposures (%) | 0.03 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 4,764 |
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:· Putnam 1st Mercantile Bank
