Prime Meridian Bank is headquartered in Tallahassee and is the 33rd largest bank in the state of Florida. It is also the 1,116th largest bank in the nation. It was established in 2008 and as of March of 2022, it had grown to 99 employees at 4 locations. Prime Meridian Bank's money market rates are 25% higher than the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 58694 |
Year Established | 2008 |
Employees | 99 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.11% |
Return on Equity - YTD | 13.5% |
Annual Interest Income | $6.3MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $866.1MM$720.9MM |
Loans | Q1 2022vs Q1 2021 | $490.8MM$493.3MM |
Deposits | Q1 2022vs Q1 2021 | $789.6MM$652.8MM |
Equity Capital | Q1 2022vs Q1 2021 | $69.7MM$61.7MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $5.9MM$6.1MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $0$797.00K |
Real Estate Owned | Q1 2022vs Q1 2021 | $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 |
---|---|---|---|---|
0.15% | - | - | Business Savings Account | |
0.15% | - | - | Personal Savings | |
0.15% | - | - | Minor Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $200k* | - | Prime Advantage | ||
OTHER TIERS: 0.05% → $100 - $200k | |||||
0.10%* | $200k* | - | Prime 50 | ||
OTHER TIERS: 0.05% → $100 - $200k | |||||
0.05% | - | - | Business NOW Checking |
Prime Meridian Bank Locations | ||
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Prime Meridian Bank | 1471 Timberlane Road | Tallahassee, FL 32312 |
Crawfordville Office | 2201 Crawfordville Highway | Crawfordville, FL 32327 |
Prime Meridian Bank Lakeland Office | 3340 South Florida Avenue | Lakeland, FL 33803 |
Capital Circle Branch | 1897 Capital Cir Ne | Tallahassee, FL 32308 |