Tennessee State Bank: how it compares with its peers
Against 41 TN banks with half to twice its assets, Tennessee State Bank's strongest measure in Q2 2026 is net interest margin (4.29% vs. a 3.89% peer median). Its weakest relative measure is assets per employee ($4.7M vs. $7.0M).
| Measure | Tennessee State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.21% | 1.27% | Middle third Ahead of 44% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.29% | 3.89% | Top third Ahead of 73% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 70.07% | 57.93% | Bottom third Ahead of 22% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.7M | $7.0M | Bottom third Ahead of 2% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.23% | 81.82% | Context |
What it means for lending operations
Its efficiency ratio of 70.07% is above the 57.93% 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
- The First National Bank of Middle Tennessee Mcminnville, TN · $952M
- First Community Bank of Tennessee Shelbyville, TN · $944M
- The Farmers Bank Portland, TN · $943M
- First Commerce Bank Lewisburg, TN · $935M
- Legends Bank Clarksville, TN · $928M
- Centennial Bank Trezevant, TN · $1.06B
Questions about Tennessee State Bank
How big is Tennessee State Bank?
Tennessee State Bank, established in 1972, is headquartered in Pigeon Forge, TN. It reported $991M in total assets in its Q2 2026 FDIC call report and operates 17 offices.
What is Tennessee State Bank's return on assets?
1.21% annualized in Q2 2026, against a 1.27% median for 41 TN banks with half to twice its assets, ahead of 44% of them.
What is Tennessee State Bank's efficiency ratio?
70.07% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 57.93%, and lower is better.
Is Tennessee State Bank growing its loans?
Net loans grew 8.0% over the year to Q2 2026, while deposits grew 2.1%.
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.