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220 One Center Court
Franklin, NC 28734

Macon Bank, Inc. is headquartered in Franklin and is the 20th largest bank in the state of North Carolina. It is also the 857th largest bank in the nation. It was established in 1922 and as of December of 2013, it had grown to 185 employees at 11 locations. Macon Bank, Inc. has a B health rating.

Reviews (1)

The Only Bank In The Small Town Of Saluda

You would think that when Macon Bank is the only bank in the small country town of Saluda they would strive to be courteous and respectful towards their customers. Not so.  

The employees of the bank in Saluda should read the letter written by CEO, Roger Plemens to his customers.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Macon Bank, Inc. had $16.33 million in non-current loans and owned real-estate with $65.58 million in equity and loan loss allowances on hand to cover it. This gives Macon Bank, Inc. a Texas Ratio of 24.90% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Macon Bank, Inc. decreased dramatically from 52.18% as of December 31, 2012 to 24.90% as of December 31, 2013, resulting in a positive change of 52.28%.This indicates that the balance sheet and financial strength for Macon Bank, Inc. has improved dramatically in recent periods.

Deposit Growth


In the past year, Macon Bank, Inc. has increased its total deposits by $9.2 million, resulting in 1.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Macon Bank, Inc. has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Macon Bank, Inc. has $789.83 million in assets with $65.58 million in equity, resulting in a capitalization level of 8.30%, which is average.

Institution Statistics

FDIC Certificate #31445
Year Established1922
Primary RegulatorFDIC
Assets and Liabilities
Assets$789.83 million
Loans$515.31 million
Deposits$684.70 million
Equity Capital$53.32 million
Loan Loss Allowance$12.25 million
Unbacked Noncurrent Loans$5.82 million
Real Estate Owned$10.51 million
Historic Data - December 2012
Assets$770.10 million
Equity Capital$56.95 million
Loan Loss Allowance$14.87 million
Unbacked Noncurrent Loans$5.82 million
Real Estate Owned$19.75 million
Profit Margin - Quarterly
Net Interest Margin3.69%
Return on Assets0.74%
Return on Equity10.39%
Interest Income$32.51 million

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Macon Bank, Inc. has 11 locations. Click to view all Macon Bank, Inc. locations.