SimplyBank is headquartered in Dayton and is the 39th largest bank in the state of Tennessee. It is also the 1,291st largest bank in the nation. It was established in 1890 and as of June of 2022, it had grown to 134 employees at 14 locations. SimplyBank has a B+ health rating.
Overall | |
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FDIC Certificate # | 10693 |
Year Established | 1890 |
Employees | 134 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.88% |
Return on Equity - YTD | 10.72% |
Annual Interest Income | $14.5MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $723.0MM$688.8MM |
Loans | Q2 2022vs Q2 2021 | $532.0MM$476.8MM |
Deposits | Q2 2022vs Q2 2021 | $658.5MM$613.4MM |
Equity Capital | Q2 2022vs Q2 2021 | $55.8MM$66.0MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $5.7MM$6.5MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $5.7MM$9.0MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $431.00K$595.00K |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.65% | $25 | - | 60 Month Fixed Rate IRA | |
0.60% | $25 | - | 48 Month Fixed Rate IRA | |
0.50% | $25 | - | 36 Month Fixed Rate IRA | |
0.40% | $25 | - | 24 Month Fixed Rate IRA | |
0.35% | $25 | - | 12 Month Fixed Rate IRA |