Bank3


Overview / Commentary
901-623-2265
5210 Poplar Avenue
Memphis, TN 38119

Bank3 is headquartered in MEMPHIS and is the 59th largest bank in the state of Tennessee. It is also the 1,945th largest bank in the nation. It was established in 1910 and as of March of 2025, it had grown to 63 employees at 6 locations. Bank3 has a B+ health rating.

Reviews

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Health
B+

Health Grade Components

Overall
FDIC Certificate #15205
Year Established1910
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.15%
Return on Equity - YTD1.27%
Annual Interest Income$5.9MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$451MM$440.9MM
LoansQ1 2025vs Q1 2024$374.3MM$365.2MM
DepositsQ1 2025vs Q1 2024$377.5MM$379.1MM
Equity CapitalQ1 2025vs Q1 2024$50.9MM$49.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$4.4MM$4.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$64K$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Bank3 are currently being reviewed.

Locations


Bank3 Locations
The Farmers Bank, Woodland Mills, Tennessee5210 Poplar AveMemphis, 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
Desoto County Branch2895 May BlvdSouthaven, MS 38672

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