Mountain Commerce Bank

Mountain Commerce Bank is headquartered in Erwin and is the 54^th largest bank in the state of Tennessee. It is also the 2,030^th largest bank in the nation. It was established in 1910 and as of March of 2012, it had grown to 66 employees at 6 locations. Mountain Commerce Bank has a 2-star health rating.

Data for Q1 2012

Institution Statistics Mountain Commerce Bank FDIC Certificate # 4931 BankRate Report View Year Established 1910 Employees 66 Primary Regulator FDIC Assets and Liabilities Assets $320.71 million Loans $248.53 million Deposits $285.31 million Equity Capital $25.18 million Loan Loss Allowance $6.67 million Unbacked Noncurrent Loans $12.65 million Real Estate Owned $8.34 million Historic Data - March 2011 Assets $357.88 million Equity Capital $31.16 million Loan Loss Allowance $3.82 million Unbacked Noncurrent Loans $10.87 million Real Estate Owned $9.04 million Profit Margin - Quarterly Net Interest Margin 3.97% Return on Assets 0.86% Return on Equity 11.36% Interest Income $3.74 million

Institution Health Overall Score: 2 out of 5 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 March 31, 2012 Mountain Commerce Bank had $20.99 million in non-current loans and owned real-estate with $31.85 million in equity and loan loss allowances on hand to cover it. This gives Mountain Commerce Bank a Texas Ratio of 65.91% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Mountain Commerce Bank increased slightly from 57.29% as of March 31, 2011 to 65.91% as of March 31, 2012, resulting in a negative change of 15.05%. This indicates that the balance sheet and financial strength for Mountain Commerce Bank has declined slightly in recent periods. Deposit Growth In the past year, Mountain Commerce Bank has decreased its total deposits by -$28.68 million, resulting in -9.13% 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 Mountain Commerce Bank has shown is poor. Capitalization 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. Mountain Commerce Bank has $320.71 million in assets with $31.85 million in equity, resulting in a capitalization level of 9.93%, which is average.

No reviews have been left for this bank yet. Be the first to review.