Putnam 1st Mercantile Bank
Chartered Bank Active FDIC Insured
Health Score
9.7 / 10
200 W Jackson St, Cookeville, TN 38501
Financial Overview
Total Assets $176.7M
Total Deposits $158.3M
Profitability (ROA) 1.82%
Shareholder Return (ROE) 19.34%
Capital Cushion (Eq/Assets) 9.35%
Established 11/28/2005
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$52.8M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.1stmerc.net
FDIC Certificate #: 58079
Specialization: Commercial Lending Specialization