Putnam 1st Mercantile Bank

Putnam 1st Mercantile Bank is headquartered in Cookeville and is the 160^th largest bank in the state of Tennessee. It is also the 5,197^th largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 19 employees at 2 locations. Putnam 1st Mercantile Bank has a 4-star health rating.

Putnam 1st Mercantile Bank Routing Number: 064109031

Data for Q1 2012

Institution Statistics Putnam 1st Mercantile Bank FDIC Certificate # 58079 BankRate Report View Year Established 2005 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $90.88 million Loans $58.88 million Deposits $80.16 million Equity Capital $10.30 million Loan Loss Allowance $1.00 million Unbacked Noncurrent Loans $197,000 Real Estate Owned $2.73 million Historic Data - March 2011 Assets $88.37 million Equity Capital $9.53 million Loan Loss Allowance $779,000 Unbacked Noncurrent Loans $623,000 Real Estate Owned $4.28 million Profit Margin - Quarterly Net Interest Margin 3.64% Return on Assets 0.9% Return on Equity 7.83% Interest Income $1.07 million

Institution Health Overall Score: 4 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 Putnam 1st Mercantile Bank had $2.93 million in non-current loans and owned real-estate with $11.3 million in equity and loan loss allowances on hand to cover it. This gives Putnam 1st Mercantile Bank a Texas Ratio of 25.92% 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 Putnam 1st Mercantile Bank decreased significantly from 47.58% as of March 31, 2011 to 25.92% as of March 31, 2012, resulting in a positive change of 45.53%.This indicates that the balance sheet and financial strength for Putnam 1st Mercantile Bank has improved significantly in recent periods. Deposit Growth In the past year, Putnam 1st Mercantile Bank has increased its total deposits by $1.99 million, resulting in 2.54% 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 Putnam 1st Mercantile Bank has shown is above average. 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. Putnam 1st Mercantile Bank has $90.88 million in assets with $11.3 million in equity, resulting in a capitalization level of 12.43%, which is excellent.

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