Overview / Commentary
TNBANK is headquartered in OAK RIDGE and is the 75th largest bank in the state of Tennessee. It is also the 2,476th largest bank in the nation. It was established in 1995 and as of June of 2024, it had grown to 50 employees at 6 locations. TNBANK has a B+ health rating.
Reviews (1)
CD RATES Not For Loyal Customers
Posted by: Loyal | Apr 10, 2023
TNBANK will not give loyal customers their best CD rates. I tried to support this local bank keeping money in Savings while interest rates were low, but I will not deposit any more money in TNBANK knowing how I was treated.
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34023 |
| Year Established | 1995 |
| Employees | 50 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 13.66% |
| Annual Interest Income | $8.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $302.6MM$298.5MM |
| Loans | Q2 2024vs Q2 2023 | $201.7MM$205.1MM |
| Deposits | Q2 2024vs Q2 2023 | $267MM$263.8MM |
| Equity Capital | Q2 2024vs Q2 2023 | $23.4MM$21.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $2.2MM$2.1MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2MM$1.1MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |