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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Cookeville, TN · FDIC certificate #58079
PUTNAM 1ST MERCANTILE BANK is an FDIC-insured institution based in Cookeville, TN (FDIC certificate #58079). In its Q3 2026 Call Report it reported total assets of $180M, total deposits of $161M and net loans of $147M. Its primary federal regulator is FDIC.
Plain-language readout
PUTNAM 1ST MERCANTILE BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $180M in Q3 2026 and were lowest at $177M in Q1 2026.
Total deposits were highest at $161M in Q3 2026 and lowest at $158M in Q1 2026.
Over the whole period total assets rose 2.0%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $180M | $161M | $147M | 1.96% | 20.81% | 4.19% |
| Q2 2026 | $179M | $160M | $147M | 1.93% | 20.44% | 4.18% |
| Q1 2026 | $177M | $158M | $141M | 1.82% | 19.34% | 4.08% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $3.8M | $7.3M | -$3.6M | -48.5% |
| Federal funds sold | $283K | $282K | +$1K | +0.4% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $24.8M | $24.9M | -$184K | -0.7% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $146.7M | $140.7M | +$6.0M | +4.2% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $2.0M | $1.9M | +$13K | +0.7% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $1.5M | $1.5M | -$21K | -1.4% |
| Total assets | $178.9M | $176.7M | +$2.2M | +1.3% |
| Liabilities | ||||
| Total deposits | $159.8M | $158.3M | +$1.5M | +0.9% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $0K | $0K | $0K | n/a |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $2.1M | $1.8M | +$218K | +11.9% |
| Total liabilities | $161.9M | $160.2M | +$1.7M | +1.1% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $1.2M | $1.2M | $0K | 0.0% |
| Surplus | $12.3M | $12.3M | $0K | 0.0% |
| Retained earnings | $7.8M | $7.2M | +$506K | +7.0% |
| Accumulated other comprehensive income | -$4.2M | -$4.2M | +$15K | +0.4% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $17.0M | $16.5M | +$521K | +3.2% |
| Credit and capital | ||||
| Gross nonperforming assets | $199K | $321K | -$122K | -38.0% |
| Adjusted nonperforming assets | $199K | $321K | -$122K | -38.0% |
| Tangible equity plus allowance | $19.2M | $18.8M | +$391K | +2.1% |
| Texas ratio (gross) | 1.04% | 1.71% | -0.67 pts | See points |
| Texas ratio (adjusted) | 1.04% | 1.71% | -0.67 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 1.04% | 1.71% | -0.67 pts | See points |
| Tier 1 capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Common equity Tier 1 to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Tier 2 capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Total risk-based capital to risk-weighted assets | Not reported | Not reported | Not reported | See points |
| Tier 1 leverage (approximate) | 11.72% | 11.68% | +0.04 pts | See points |
| Construction and land loans to total capital | 111.86% | 116.25% | -4.39 pts | See points |
| Commercial real estate to total capital | 253.92% | 244.31% | +9.61 pts | See points |
| Dividend payout, year to date | 47.11% | 50.44% | -3.33 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -20.83% | -21.42% | +0.58 pts | See points |
| Liquidity | ||||
| Core deposits | $116.1M | $113.7M | +$2.4M | +2.1% |
| Non-core funding | $43.8M | $44.7M | -$898K | -2.0% |
| Loans to core deposits | 128.20% | 125.75% | +2.45 pts | See points |
| Loans to deposits | 93.10% | 90.29% | +2.81 pts | See points |
| Brokered deposits share of deposits | 5.01% | 6.32% | -1.31 pts | See points |
| Pledged securities share of securities | 20.46% | 20.29% | +0.17 pts | See points |
| Loans pledged, share of loans | 0.00% | 0.00% | 0.00 pts | See points |
| Volatile liabilities | $49.6M | $50.3M | -$649K | -1.3% |
| Earnings | ||||
| Earnings before provision, year to date | $2.0M | $938K | +$1.1M | +112.8% |
| Earnings before provision, single quarter | $1.1M | $938K | +$120K | +12.8% |
| Provision for credit losses, year to date | $180K | $90K | +$90K | +100.0% |
| Yield and cost | ||||
| Yield on loans and leases | 7.29% | 7.19% | +0.10 pts | See points |
| Yield on interest-bearing balances due from banks | 3.64% | 3.41% | +0.24 pts | See points |
| Total interest income to average assets | 6.26% | 6.14% | +0.11 pts | See points |
| Cost of interest-bearing transaction accounts | 0.16% | 0.23% | -0.07 pts | See points |
| Cost of savings and money market deposits | 0.75% | 0.91% | -0.15 pts | See points |
| Cost of time deposits | 3.83% | 3.88% | -0.05 pts | See points |
| Total interest expense to average assets | 2.21% | 2.28% | -0.07 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $180M | $161M | $147M | 1.96% | 20.81% | 4.19% |
| 2026-06-30 | $179M | $160M | $147M | 1.93% | 20.44% | 4.18% |
| 2026-03-31 | $177M | $158M | $141M | 1.82% | 19.34% | 4.08% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| TN | $137.4M | 0.06% | 135 | Continuing · -0.00 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.