Bank of Putnam County

140 South Jefferson Street
Cookeville, TN 38501

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8432
Date Established 1901
Assets $0.77 billion
Loans $0.42 billion
Deposits $0.70 billion
Capital $0.06 billion

Bank of Putnam County is an FDIC insured institution located in Cookeville, TN. It was founded in 1901 and has approximately $0.77 billion in assets. Customers can open an account at one of its 14 branches.

For a more detailed analysis of Bank of Putnam County's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of Putnam County’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Bank of Putnam County’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 44.13
Multifamily
Mortgages
1.69
Credit Card Loans 0.00
Consumer Auto Loans 3.61
Small Business Loans 0.00
Construction and Development Loans 7.43
Commercial Real Estate 30.21
Commercial and Industrial Loans 7.96
Farm Loans 0.69

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.65% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $50 $4,999 Learn MoreShow Less
MM 10K
0.15% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.15% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
INTCK2.5K
0.10% $400 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Putnam County

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.553% 4.500% 0.13 $1,550 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.544% 4.500% 0.00 $1,305 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.320% 4.250% 0.38 $2,190 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More

Note to Bank of Putnam County
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Branches

Bank of Putnam County branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank of Putnam County Locations

Financial Details

Bank of Putnam County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Putnam County. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Putnam County U.S. Bank Average
0.71% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Bank of Putnam County had $366,000 in non-current loans and $67,000 in owned real estate. To cover these potential losses it had $58,047,000 in equity and $3,063,000 in loans loss reserves. That gives it a Texas Ratio of 0.71%.

Return on Equity
Bank of Putnam County U.S. Bank Average
12.92% 8.84%

Bank of Putnam County has a Return on Equity of 12.92% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Putnam County U.S. Bank Average
7.52% 12.21%

Bank of Putnam County has a Capitalization of 7.52% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Putnam County Balance Sheet Analysis

As of September 30, 2017, Bank of Putnam County had assets of $771,523,000, loans of $417,760,000, and deposits of $702,627,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank Of Putnam County

Branches and Savings

Is Bank Of Putnam County FDIC insured?

Yes. It is covered under FDIC Certificate #8432.

Why does Bank Of Putnam County pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Putnam County CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Putnam County a commercial bank?

Yes

Where are Bank Of Putnam County locations?

See branch locations nearby.

Is Bank Of Putnam County open on Saturdays?

Is Bank Of Putnam County open on Sundays?

What time does Bank Of Putnam County open?

What time does Bank Of Putnam County close?

Are Bank Of Putnam County ATMs Open 24/7?

Do Bank Of Putnam County ATMs accept cash deposits?

Can Bank Of Putnam County customers use other ATMs?

Do Bank Of Putnam County branches have notaries?

Will Bank Of Putnam County notarize my document?

What address for Bank Of Putnam County should I put for incoming ACH transfers?

Will the Bank Of Putnam County branch print checks?

Do Bank Of Putnam County checks expire?

Does Bank Of Putnam County require US citizenship to open account?

Can Bank Of Putnam County close my account?

Does Bank Of Putnam County Report to credit bureaus?

Does Bank Of Putnam County Use Equifax?

What is Bank Of Putnam County's ACH Routing Number?

What is Bank Of Putnam County's SWIFT code?

Products

Does Bank Of Putnam County offer mortgages?

Compare mortgage rates here.

Does Bank Of Putnam County offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Putnam County offer personal loans?

Compare personal loan rates here.

Does Bank Of Putnam County offer student loans?

Will Bank Of Putnam County cash a check?

Will Bank Of Putnam County redeem a savings bond?

Does Bank Of Putnam County cash savings bonds?

Will Bank Of Putnam County cash money orders?

Can Bank Of Putnam County issue a money order?

Does Bank Of Putnam County do currency exchange?

Background on The Bank

Who owns Bank Of Putnam County?

How long has Bank Of Putnam County been around?

Can Bank Of Putnam County transfer to other banks?

Does Bank Of Putnam County have quick pay?

Does Bank Of Putnam County accept rolled coins?

Will Bank Of Putnam County accept loose change?

Where is Bank Of Putnam County headquarters?

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