SimplyBank is headquartered in DAYTON and is the 40th largest bank in the state of Tennessee. It is also the 1,322nd largest bank in the nation. It was established in 1890 and as of March of 2023, it had grown to 124 employees at 14 locations. SimplyBank has a B health rating.
Overall | |
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FDIC Certificate # | 10693 |
Year Established | 1890 |
Employees | 124 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.09% |
Return on Equity - YTD | 12.69% |
Annual Interest Income | $8.4MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $694.0MM$727.2MM |
Loans | Q1 2023vs Q1 2022 | $523.2MM$519.2MM |
Deposits | Q1 2023vs Q1 2022 | $610.7MM$658.1MM |
Equity Capital | Q1 2023vs Q1 2022 | $61.2MM$59.7MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $6.3MM$5.2MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $5.2MM$6.3MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$431.00K |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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5.10% | $1k | - | 7 Month CD Special | |
4.83% | $1k | - | 13 Month CD Special | |
4.31% | $1k | - | 25 Month CD Special |