Sevier County Bank

Headquarters

111 East Main Street
Sevierville, TN 37862
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.08% 1.40% →
1-Year CD 1.15% 1.15% →
2-Year CD 1.49% 1.26% →
5-Year CD 1.86% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Sevier County Bank is an FDIC insured institution located in Sevierville, TN. It was founded in 1909 and has approximately $0.33 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 10318
Date Established 1909
Assets $ 332.61 million
Loans $ 223.88 million
Deposits $ 298.43 million
Capital $ 30.79 million
 

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

Deposit Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.08% $100 $9,999 Learn More
Money Market
0.25% $2,500 $9,999 Learn More
Money Market
0.25% $10,000 $24,999 Learn More
Money Market
0.30% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.43% $5,000 - Learn More
6 Mo CD
0.63% $5,000 - Learn More
12 Mo CD
1.15% $1,000 - Learn More
18 Mo CD
1.35% $1,000 - Learn More
24 Mo CD
1.49% $1,000 - Learn More
30 Mo CD
1.46% $1,000 - Learn More
36 Mo CD
1.61% $1,000 - Learn More
48 Mo CD
1.69% $1,000 - Learn More
60 Mo CD
1.86% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.15% $200 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.02% $1 $999 Learn MoreShow Less
Int Ckg
0.08% $1,000 $9,999 Learn MoreShow Less

Loan Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Sevier County Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.696% 2.625% 0.88 $2,310 $1,005 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
2.818% 2.750% 0.50 $2,217 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
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Note to Sevier County Bank
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Branches

Sevier County Bank 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


Sevier County Bank Locations


Financial Details

Sevier County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Sevier County Bank. 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
Sevier County Bank U.S. Bank Average
10.32% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 December 31, 2019, Sevier County Bank had $27,000 in non-current loans and $3,393,000 in owned real estate. To cover these potential losses it had $30,789,000 in equity and $2,353,000 in loans loss reserves. That gives it a Texas Ratio of 10.32%.

Return on Equity
Sevier County Bank U.S. Bank Average
-9.21% 9.41%

Sevier County Bank has a Return on Equity of -9.21% versus the BestCashCow average of 9.41%. 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
Sevier County Bank U.S. Bank Average
9.26% 12.82%

Sevier County Bank has a Capitalization of 9.26% versus the BestCashCow average of 12.82. 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.

Sevier County Bank Balance Sheet Analysis

As of December 31, 2019, Sevier County Bank had assets of $332,605,000, loans of $223,877,000, and deposits of $298,431,000. 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.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 57.13 million
Interest-bearing balances $ 52.30 million
Total securities $ 31.79 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 223.88 million
Loan loss allowance $ 2.35 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.39 million
Goodwill and other intangibles N.A.
All other assets $ 1.37 million
     Total Assets $ 301.82 million
LIABILITIES
Total deposits $ 298.43 million
      Interest-bearing deposits $ 265.91 million
      Deposits held in domestic offices $ 298.43 million
      % insured (estimated) 83.15%
Federal funds purchased and repurchase agreements $ 1.27 million
Trading liabilities N.A.
Other borrowed funds $ 1.41 million
Subordinated debt N.A.
All other liabilities $ 0.71 million
      Total Liabilities $ 301.82 million
      Shareholders’ Equity $ 30.79 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 12.70 million
Total Interest Expense $ 2.25 million
Net interest income $ 10.45 million
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense $ 9.15 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Tennessee, Sevier County Bank has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

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 18.66
Multifamily
Mortgages
9.07
Credit Card Loans 0.00
Consumer Auto Loans 0.18
Small Business Loans 13.62
Construction and Development Loans 7.17
Commercial Real Estate 49.72
Commercial and Industrial Loans 10.34
Farm Loans 0.00

Frequently Asked Questions About Sevier County Bank

Branches and Savings

Is Sevier County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10318.

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

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

Why are Sevier County Bank CD rates not competitive?

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

Is Sevier County Bank a commercial bank?

Yes

Where are Sevier County Bank locations?

See branch locations nearby.

Is Sevier County Bank open on Saturdays?

Is Sevier County Bank open on Sundays?

What time does Sevier County Bank open?

What time does Sevier County Bank close?

Are Sevier County Bank ATMs Open 24/7?

Do Sevier County Bank ATMs accept cash deposits?

Can Sevier County Bank customers use other ATMs?

Do Sevier County Bank branches have notaries?

Will Sevier County Bank notarize my document?

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

Will the Sevier County Bank branch print checks?

Do Sevier County Bank checks expire?

Does Sevier County Bank require US citizenship to open account?

Can Sevier County Bank close my account?

Does Sevier County Bank Report to credit bureaus?

Does Sevier County Bank Use Equifax?

What is Sevier County Bank's ACH Routing Number?

What is Sevier County Bank's SWIFT code?

Products

Does Sevier County Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Sevier County Bank offer personal loans?

Compare personal loan rates here.

Does Sevier County Bank offer student loans?

Will Sevier County Bank cash a check?

Will Sevier County Bank redeem a savings bond?

Does Sevier County Bank cash savings bonds?

Will Sevier County Bank cash money orders?

Can Sevier County Bank issue a money order?

Does Sevier County Bank do currency exchange?

Background on The Bank

Who owns Sevier County Bank?

How long has Sevier County Bank been around?

Can Sevier County Bank transfer to other banks?

Does Sevier County Bank have quick pay?

Does Sevier County Bank accept rolled coins?

Will Sevier County Bank accept loose change?

Where is Sevier County Bank headquarters?

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