F&M Bank (TN) is headquartered in Clarksville and is the 17th largest bank in the state of Tennessee. It is also the 749th largest bank in the nation. It was established in 1906 and as of December of 2021, it had grown to 280 employees at 24 locations. F&M Bank (TN)'s money market rates are 2X the national average, and it boasts an A+ health rating.
MILITARY BEWARE
Used F&M bank to close on a house when I was stationed here. Three weeks before closing rates had dropped significantly. Called lender to have rate dropped on our loan application. The woman at the bank was clearly upset because this would amount to some more paperwork for her. I reminded her she was already making thousands off me, and this would save me thousands. She said she would do it. Two weeks later when we went to close, guess what....no drop in the APR! F&M bank got over on me, cost me thousands of dollars. I left a job making 250,000 a year after 9/11 to serve our country, and this is the thanks I get. DO NOT USE F&M BANK.
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9963 |
| Year Established | 1906 |
| Employees | 280 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 12.81% |
| Annual Interest Income | $42.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $1.40B$1.32B |
| Loans | Q4 2021vs Q4 2020 | $1.04B$953.2MM |
| Deposits | Q4 2021vs Q4 2020 | $1.20B$1.10B |
| Equity Capital | Q4 2021vs Q4 2020 | $154.3MM$142.9MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $5.4MM$8.9MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.1MM$1.9MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
