Overview / Commentary
Wayne County Bank is headquartered in Waynesboro and is the 60th largest bank in the state of Tennessee. It is also the 2,025th largest bank in the nation. It was established in 1914 and as of June of 2022, it had grown to 79 employees at 6 locations. Wayne County Bank has an A+ health rating.
Health
A+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9168 |
| Year Established | 1914 |
| Employees | 79 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 8.77% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $407.2MM$371.3MM |
| Loans | Q2 2022vs Q2 2021 | $244.6MM$235.5MM |
| Deposits | Q2 2022vs Q2 2021 | $350.5MM$313.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $51.4MM$51.4MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.6MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $3.7MM$5.6MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $348.00K$676.00K |