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Tower Community Bank
Tower Community Bank
RSSD ID 989730 | CERTIFICATE 20100 | ABA NUMBER 64101660 |
4564 Main St |
Quarter Ended : |
2025-06-30 |
Jasper, Tennessee, 37347 |
Updated : |
2025-07-24 |
www.towercommunitybank.com |
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Institution Profile |
Year Opened : |
1970 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
12 |
Number of Employees : |
72 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 388,386 |
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Total Interest Income | 11,950 |
Total Liabilities | 348,845 |
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Total NonInterest Income | 1,935 |
Total Bank Equity Capital | 39,033 |
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Total Interest Expense | 3,934 |
Total Deposits | 343,056 |
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Total NonInterest Expense | 6,731 |
Net Loans & Leases | 296,200 |
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Net Income | 1,886 |
Loan Loss Allowance | 2,848 |
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Net Charge Offs | 698 |
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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 | 299,804 |
Total assets for the leverage ratio | 398,373 |
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Loans secured by real estate: | 276,205 |
Tier 1 Leverage Ratio | 9.46 |
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Commercial and industrial loans | 16,665 |
Off Balance Sheet Exposures (%) | 8.7 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,273 |
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