Prime Meridian Bank

Tallahassee, FL
IDRSSD: 3690701
Total Assets
$983.84M
Latest filing
Total Deposits
$881.11M
Latest filing
Net Interest Margin
3.61%
Profitability

Locations

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Main Office
Prime Meridian Bank
1471 Timberlane Rd
Tallahassee, FL 32312
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/04/2008FDIC Certificate 463049

Branches (3)

Page 1 of 1
NameAddressCity / State
Prime Meridian Bank (Main)1471 Timberlane RdTallahassee, FL
CRAWFORDVILLE OFFICE2201 Crawfordville HwyCrawfordville, FL
PRIME MERIDIAN BANK LAKELAND OFFICE3340 S Florida AveLakeland, FL
CAPITAL CIRCLE BRANCH1897 Capital Cir NeTallahassee, FL
Showing 3 of 3

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/04/2008
Community BankYes
Ownership TypeNot Mutual
ZIP32312
State and County Number12073
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameTallahassee, FL

Operational Info

Number of Employees112
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance02/04/2008
Primary Insurance AgencyDIF
Websitehttps://www.primemeridianbank.com
Data Updated11/14/2025
CERT58694
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$983.84M
Total Deposits$881.11M
Total Liabilities$888.57M
Total Equity Capital$95.26M
Net Income$2.83M
Net Loans and Leases$717.91M
Assets Per Employee ($Millions)$9.03M
Bank Premises and Fixed Assets$9.07M
Cash and Balances due from Depository Institutions$91.95M
Deposits Held in Domestic Offices$881.11M

Key Performance Ratios

Return on Assets (ROA)1.15%
Return on Equity (ROE)12.14%
Net Interest Margin3.61%
Efficiency Ratio56.06%
Tier 1 Risk-Based Capital Ratio14.432%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.683%
Earning Assets to total Assets95.68%

Income and Expense

Total Interest Income$13.41M
Total Noninterest Income$685.00k
Total Interest Expense$4.89M
Total Noninterest Expense$5.16M
Net Interest Income$8.52M
Pre-tax Net Operating Income$3.74M
Provision for Credit Losses$207.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$320.00k
Other borrowed funds$2.62M
Federal Funds Sold & Reverse Repurchase Agreement$42.08M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.55M
Total Liabilities and Capital$983.84M

Securities

Securities$95.26M
Available-for-sale debt securities$79.95M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$15.30M
Subordinated Debt$0
Trading Account Assets$1.29M
Trading Liabilities$1.29M

Frequently Asked Questions

What are the total assets of Prime Meridian Bank?
$983.84M as of the latest filing.
How much are Prime Meridian Bank's total deposits?
$881.11M in total deposits.
Where is Prime Meridian Bank located?
Tallahassee, FL.
What is the Net Interest Margin?
3.61%.
How many domestic offices does it operate?
4.
When was it established?
02/04/2008.
What is the Return on Assets (ROA)?
1.15%.
How much are total loans and leases?
$717.91M (latest filing).
What is the total interest income (latest filing)?
$13.41M.