Bank3: how it compares with its peers
Against 48 TN banks with half to twice its assets, Bank3's strongest measure in Q2 2026 is assets per employee ($7.2M vs. a $6.5M peer median). Its weakest relative measure is net interest margin (3.13% vs. 4.00%).
| Measure | Bank3 | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.42% | 1.10% | Bottom third Ahead of 10% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.13% | 4.00% | Bottom third Ahead of 2% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 83.79% | 65.54% | Bottom third Ahead of 10% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.2M | $6.5M | Top third Ahead of 73% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.34% | 84.25% | Context |
What it means for lending operations
Its efficiency ratio of 83.79% is above the 65.54% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Peoples Bank of East Tennessee Madisonville, TN · $456M
- Patriot Bank Millington, TN · $451M
- Southern Bank of Tennessee Mount Juliet, TN · $533M
- Peoples Bank Clifton, TN · $445M
- Bank of Bartlett Bartlett, TN · $552M
- Coffee County Bank Manchester, TN · $428M
Questions about Bank3
How big is Bank3?
Bank3, established in 1910, is headquartered in Memphis, TN. It reported $492M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Bank3's return on assets?
0.42% annualized in Q2 2026, against a 1.10% median for 48 TN banks with half to twice its assets, ahead of 10% of them.
What is Bank3's efficiency ratio?
83.79% in Q2 2026: it spent about 84 cents in noninterest expense for each dollar of revenue. The peer median is 65.54%, and lower is better.
Is Bank3 growing its loans?
Net loans grew 3.8% over the year to Q2 2026, while deposits grew 14.1%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are TN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Tennessee bank ranked.