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Overview / Commentary
423-246-2265
422 Broad Street
Kingsport, TN 37660

TriSummit Bank is headquartered in Kingsport and is the 54th largest bank in the state of Tennessee. It is also the 1,995th largest bank in the nation. It was established in 2007 and as of March of 2016, it had grown to 74 employees at 6 locations. TriSummit Bank has an A health rating.

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Health
A

Health Grade Components

Overall
FDIC Certificate #58467
Year Established2007
Employees74
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.52%
Return on Equity - YTD5.32%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$335.8MM$313.0MM
LoansQ1 2016vs Q1 2015$246.2MM$215.9MM
DepositsQ1 2016vs Q1 2015$271.6MM$264.7MM
Equity CapitalQ1 2016vs Q1 2015$33.5MM$32.7MM
Loan Loss AllowanceQ1 2016vs Q1 2015$2.4MM$2.0MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.2MM$2.1MM
Real Estate OwnedQ1 2016vs Q1 2015$1.4MM$1.4MM
Rates
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TriSummit Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%*-$25kInterest Checking
OTHER TIERS: 0.20% $25k+
Locations


TriSummit Bank Locations
Tri Summit Bank Branch1999 East Stone StreetKingsport, TN 37660
Trisummit Bank422 Broad StreetKingsport, TN 37660
Johnson City Branch862 Med Tech PkwyJohnson City, TN 37604
West First North Financial Center225 West First North StreetMorristown, TN 37814
Jefferson City Branch156 East Broadway BoulevardJefferson City, TN 37760
Bristol Financial Center Branch425 State StreetBristol, VA 24201