Bank3 is headquartered in Memphis and is the 64th largest bank in the state of Tennessee. It is also the 2,178th largest bank in the nation. It was established in 1910 and as of September of 2020, it had grown to 44 employees at 5 locations. Bank3 has an A+ health rating.
Overall | |
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FDIC Certificate # | 15205 |
Year Established | 1910 |
Employees | 44 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 7.53% |
Annual Interest Income | $8.7MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $337.3MM$230.7MM |
Loans | Q3 2020vs Q3 2019 | $252.9MM$174.1MM |
Deposits | Q3 2020vs Q3 2019 | $300.7MM$192.6MM |
Equity Capital | Q3 2020vs Q3 2019 | $31.3MM$29.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $2.9MM$2.2MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $61.00K$3.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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1.50%* | - | $25k | Professional Checking | ||
OTHER TIERS: 0.33% → $25k+ |
Bank3 Locations | ||
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The Farmers Bank, Woodland Mills, Tennessee | 5210 Poplar Avenue | Memphis, TN 38119 |
Union City Branch | 211 Bill Burnett Circle | Union City, TN 38261 |
Woodland Mills Branch | 114 S Thompson Street | Woodland Mills, TN 38271 |
White Station Branch | 766 S. White Station Road | Memphis, TN 38117 |
Bank3 - Jackson, Tn | 429 Walker Road | Jackson, TN 38305 |