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

TriSummit Bank is headquartered in Kingsport and is the 53rd largest bank in the state of Tennessee. It is also the 1,900th largest bank in the nation. It was established in 2007 and as of June of 2016, it had grown to 73 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
Employees73
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.46%
Return on Equity - YTD4.73%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$353.8MM$321.1MM
LoansQ2 2016vs Q2 2015$243.5MM$215.2MM
DepositsQ2 2016vs Q2 2015$288.5MM$260.4MM
Equity CapitalQ2 2016vs Q2 2015$34.2MM$32.3MM
Loan Loss AllowanceQ2 2016vs Q2 2015$2.5MM$2.0MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$1.2MM$1.7MM
Real Estate OwnedQ2 2016vs Q2 2015$1.4MM$1.5MM
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