Putnam 1st Mercantile Bank
Cookeville, TN · Cert 58079 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · First Mercantile Finl Corp.
State charter, non-member · FDIC · 3 branches
Q2 2026
$178.9MAssets
$148.8MLoans
$159.8MDeposits
$17.0MEquity
Executive Summary
- Strongest standing: return on equity outperforms 91% of banks under $1B in assets operating in a single state (rank 69 of 746).
- Widest gap: total risk-based capital ratio trails 75% of banks under $1B in assets operating in a single state (rank 556 of 746).
- Overall: at or above the peer median on 5 of 9 directional measures.
Return on Assets
1.59%
Rank 144 of 746
Net Interest Margin
3.92%
Rank 283 of 746
Efficiency Ratio
48.42%
Rank 87 of 746
Equity / Assets
9.53%
Rank 492 of 746
Non-interest income vs. expense
Unfavorable gap of $3.1M · efficiency ratio beats 88% of banks under $1B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.59% | 0.72% | 1.06% | 1.45% | Beats 81% | 144 / 746 | | |
| Return on Equity | 16.73% | 6.74% | 10.51% | 13.63% | Beats 91% | 69 / 746 | | |
| Net Interest Margin | 3.92% | 3.17% | 3.68% | 4.16% | Beats 62% | 283 / 746 | | |
| Efficiency Ratio | 48.42% | 55.74% | 64.58% | 75.47% | Beats 88% | 87 / 746 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.13% | 0.09% | 0.42% | 1.07% | Beats 72% | 210 / 743 | | |
| Net Charge-Offs / Loans | 0.02% | 0.00% | 0.01% | 0.05% | Beats 37% | 468 / 743 | | |
| Capital |
| Tier 1 Capital Ratio | 11.72% | 11.55% | 13.75% | 17.60% | Beats 27% | 542 / 746 | | |
| Total Risk-Based Capital Ratio | 11.72% | 11.71% | 14.33% | 18.43% | Beats 25% | 556 / 746 | | |
| Equity / Assets | 9.53% | 8.90% | 10.51% | 13.06% | Beats 34% | 492 / 746 | | |
| Liquidity & Funding |
| Loans / Deposits | 93.10% | 61.31% | 78.27% | 90.78% | 80th pctl | 151 / 746 | | |
| Loans / Assets | 83.17% | 53.60% | 66.97% | 76.08% | 92nd pctl | 61 / 746 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |