Southern Bank Of Tennessee
FDIC #34847
📍 Mount Juliet, Tennessee
Southern Bank Of Tennessee is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in March 22, 1999. With assets of $394.05 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: June 10, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
June 10, 2024
Satisfactory
January 28, 2019
Satisfactory
October 20, 2014
Satisfactory
💰 Financial Strength
Total Assets$394.05 Million
Total Deposits$342.57 Million
Equity Capital$39.26 Million
Net Income$1.56 Million
📈 Performance
ROA0.55%
ROE5.03%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedMarch 22, 1999
FDIC Cert34847
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 5:00 PM
Tuesday10:00 AM - 7:00 PM
Wednesday8:00 AM - 5:00 PM
Thursday10:00 AM - 7:00 PM
Friday8:00 AM - 5:00 PM
Saturday9:00 AM - 5:00 PM
SundayClosed
📜 Institutional History
2022
Relocation
Moved HQ to: 675 N Mount Juliet Rd, Mount Juliet, TN 37122.
2018
Name Change
Name became: Changed Institution Name To Southern Bank Of Tennessee.
2018
Relocation
Moved HQ to: 1499 N Mt Juliet Rd, Mount Juliet, TN 37122.
📍 Branch Locations (5)
Brentwood, Tn Branch - Maryland Farms
5109 Peter Taylor Park Drive, Ste 200
Brentwood, Tennessee 37027
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5109 Peter Taylor Park Drive, Ste 200
Brentwood, Tennessee 37027
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