Overview / Commentary
5210 Poplar Avenue
Memphis, TN 38119

Bank3 is headquartered in Memphis and is the 66th largest bank in the state of Tennessee. It is also the 2,210th largest bank in the nation. It was established in 1910 and as of December of 2020, it had grown to 48 employees at 5 locations. Bank3 has an A+ health rating.


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Health Grade Components

FDIC Certificate #15205
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.61%
Return on Equity - YTD5.83%
Annual Interest Income$11.2MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$336.7MM$225.2MM
LoansQ4 2020vs Q4 2019$257.9MM$174.4MM
DepositsQ4 2020vs Q4 2019$293.5MM$186.9MM
Equity CapitalQ4 2020vs Q4 2019$31.2MM$29.4MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.1MM$2.0MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$0$3.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
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Bank3 Checking Account Rates

1.50%*-$25kProfessional Checking
OTHER TIERS: 0.33% $25k+

Bank3 Locations
The Farmers Bank, Woodland Mills, Tennessee5210 Poplar AvenueMemphis, TN 38119
Union City Branch211 Bill Burnett CircleUnion City, TN 38261
Woodland Mills Branch114 S Thompson StreetWoodland Mills, TN 38271
White Station Branch766 S. White Station RoadMemphis, TN 38117
Bank3 - Jackson, Tn429 Walker RoadJackson, TN 38305

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