Total Assets
$171M
Total balance-sheet footings
FDIC Cert #58079 · Cookeville, Tennessee · Est. 2005
Putnam 1st Mercantile Bank - FDIC Bank Health Profile
A community-scale look at Putnam 1st Mercantile Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $171M
- Total assets
- A
- Health grade · Excellent
- 1.57%
- Return on assets
- 11.9%
- Tier 1 capital
Data updated July 2026
The verdict
Putnam 1st Mercantile Bank earns a PlainBankData health grade of A (85/100), with well-capitalized at 11.88% Tier 1, profitable at 1.57% ROA, efficient (55% cost ratio).
- #3,205
- largest of 4,313 FDIC banks by assets
- 26th
- percentile by asset size, nationally
- 11.88%
- Tier 1 ratio - above the 10% well-capitalized line
- 77th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Putnam 1st Mercantile Bank's 85/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Putnam 1st Mercantile Bank's composite health score
Tier 1 Capital Ratio (11.88%) 28/40
Return on Assets (ROA) (1.57%) 25/25
Texas Ratio (1.09%) 20/20
Efficiency Ratio (54.57%) 12/15
85 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$153M
Customer-funded liabilities
Net Loans
$140M
Outstanding loan book
Net Income
$3M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Putnam 1st Mercantile Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Putnam 1st Mercantile Bank's score of 85/100 falls in the highlighted band.
Putnam 1st Mercantile Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Putnam 1st Mercantile Bank's $171M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.88% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.88%
Texas Ratio
1.09%
Equity Capital
$16M
Profitability metrics
Return on Assets (ROA)
77th percentile nationally
1.57%
Return on Equity (ROE)
16.91%
Efficiency Ratio
54.57%
What the numbers say about Putnam 1st Mercantile Bank
Putnam 1st Mercantile Bank is an FDIC-insured institution (Certificate #58079) headquartered in Cookeville, Tennessee, established in 2005. It holds $171M in total assets - 3,205th of 4,313 FDIC-insured banks, $153M in customer deposits, and $140M in net loans. On safety, its Tier 1 capital ratio of 11.88% is above the 10% well-capitalized threshold, and its Texas Ratio of 1.09% sits in the healthy range below 50%. It earns a PlainBankData health grade of A (85/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Tennessee, Putnam 1st Mercantile Bank ranks 97th of 111 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$10M
Interest Income
$621K
Non-Interest Income
$4M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Putnam 1st Mercantile Bank reports a Texas Ratio of 1.09% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.09% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Tennessee by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Putnam 1st Mercantile Bank (FDIC Cert #58079) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Tennessee
All Tennessee banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| First Horizon BankMemphis | $83.6B | B | 1.35% |
| Pinnacle BankNashville | $57.6B | A | 1.25% |
| FirstBankNashville | $16.3B | B | 0.89% |
| Wilson Bank and TrustLebanon | $5.9B | A | 1.38% |
| SmartBankPigeon Forge | $5.9B | B | 1.00% |
| SouthEast BankFarragut | $3.5B | C | 0.68% |
| Home Federal Bank of TennesseeKnoxville | $2.7B | C | 0.21% |
| Builtwell BankChattanooga | $2.3B | A | 2.07% |
Frequently asked questions
What is Putnam 1st Mercantile Bank's health grade?▼
Putnam 1st Mercantile Bank receives a health grade of A (85/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Putnam 1st Mercantile Bank?▼
Putnam 1st Mercantile Bank holds $171M in total assets and $153M in deposits, ranking 3,205th of 4,313 FDIC-insured banks by asset size. It is headquartered in Cookeville, Tennessee.
Is my money safe at Putnam 1st Mercantile Bank?▼
Yes, deposits at Putnam 1st Mercantile Bank (Certificate #58079) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Putnam 1st Mercantile Bank's Tier 1 Capital Ratio?▼
Putnam 1st Mercantile Bank has a Tier 1 Capital Ratio of 11.88%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Putnam 1st Mercantile Bank?▼
Putnam 1st Mercantile Bank has a Texas Ratio of 1.09%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Putnam 1st Mercantile Bank?▼
Putnam 1st Mercantile Bank has an Efficiency Ratio of 54.57%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Putnam 1st Mercantile Bank's profile as a depositor or analyst.
- Putnam 1st Mercantile Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Putnam 1st Mercantile Bank against other Tennessee banks before moving funds. Tennessee banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.