Overview / Commentary
5210 Poplar Avenue
Memphis, TN 38119

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.


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Health Grade Components

FDIC Certificate #15205
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD7.53%
Annual Interest Income$8.7MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$337.3MM$230.7MM
LoansQ3 2020vs Q3 2019$252.9MM$174.1MM
DepositsQ3 2020vs Q3 2019$300.7MM$192.6MM
Equity CapitalQ3 2020vs Q3 2019$31.3MM$29.3MM
Loan Loss AllowanceQ3 2020vs Q3 2019$2.9MM$2.2MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$61.00K$3.00K
Real Estate OwnedQ3 2020vs Q3 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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