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BankHealth

SOUTHERN BANK OF TENNESSEE

MOUNT JULIET, TENNESSEE · FDIC Cert #34847

A
Health Score
85/100
$430M
Total Assets
$363M
Total Deposits
12.42%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SOUTHERN BANK OF TENNESSEE holds a Tier 1 capital ratio of 12.42%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUTHERN BANK OF TENNESSEE has a strong buffer to absorb potential losses.

Key Financial Metrics

0.02%
Nonperforming Loans
Low — healthy loan portfolio
28.99%
Liquidity Ratio
Strong — can meet withdrawal demands
0.26%
Return on Assets
Low profitability
$363M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SOUTHERN BANK OF TENNESSEE shows strong financial health indicators. With $430M in assets and a Health Score of 85/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SOUTHERN BANK OF TENNESSEE has a Bank Health Score of A (85/100). It holds a Tier 1 capital ratio of 12.42%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SOUTHERN BANK OF TENNESSEE holds $430M in total assets and $363M in total deposits. It is located in MOUNT JULIET, TENNESSEE (FDIC Certificate #34847).

SOUTHERN BANK OF TENNESSEE has a Tier 1 capital ratio of 12.42%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.02%, and the return on assets is 0.26%.

Yes. SOUTHERN BANK OF TENNESSEE is FDIC-insured (Certificate #34847). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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