Putnam 1st Mercantile Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Good (5.0) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.1. A current level of 0.2 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Excellent asset quality (8.5).
Asset Mix:
Home mtgs (24%), comm re (22%), securities (16%), comm loans (8%), cash (4%), home eq lns (4%), consumer loans (3%), other (18%)
States with Branches:
TN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
First Mercantile Financial Corporation
Investment Rating
--
Address
200 West Jackson Street
Cookeville, TN 38501
Cookeville, TN 38501
Phone Number
(931) 528-6372
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.