The Bank of Milan

Milan, TN
IDRSSD: 2123930
Total Assets
$116.68M
Latest filing
Total Deposits
$104.18M
Latest filing
Net Interest Margin
3.10%
Profitability

Locations

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Main Office
The Bank of Milan
2011 E Van Hook St
Milan, TN 38358
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/12/1993FDIC Certificate 48159

Branches (1)

Page 1 of 1
NameAddressCity / State
The Bank of Milan (Main)2011 E Van Hook StMilan, TN
MEDINA BRANCH503 W Church AveMedina, TN
Showing 1 of 1

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 Date11/12/1993
Community BankYes
Ownership TypeNot Mutual
ZIP38358
State and County Number47053
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number08
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameJackson, TN

Operational Info

Number of Employees14
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance11/12/1993
Primary Insurance AgencyDIF
Websitewww.bankofmilan.net
Data Updated11/14/2025
CERT33851
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$116.68M
Total Deposits$104.18M
Total Liabilities$109.96M
Total Equity Capital$6.72M
Net Income$338.00k
Net Loans and Leases$57.27M
Assets Per Employee ($Millions)$8.33M
Bank Premises and Fixed Assets$1.25M
Cash and Balances due from Depository Institutions$23.31M
Deposits Held in Domestic Offices$104.18M

Key Performance Ratios

Return on Assets (ROA)1.18%
Return on Equity (ROE)21.42%
Net Interest Margin3.1%
Efficiency Ratio62.45%
Tier 1 Risk-Based Capital Ratio15.613%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets5.759%
Earning Assets to total Assets93.98%

Income and Expense

Total Interest Income$1.31M
Total Noninterest Income$116.00k
Total Interest Expense$470.00k
Total Noninterest Expense$597.00k
Net Interest Income$840.00k
Pre-tax Net Operating Income$359.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$4.92M
All Other Liabilities$857.00k
Total Liabilities and Capital$116.68M

Securities

Securities$30.90M
Available-for-sale debt securities$28.44M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.46M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Bank of Milan?
$116.68M as of the latest filing.
How much are The Bank of Milan's total deposits?
$104.18M in total deposits.
Where is The Bank of Milan located?
Milan, TN.
What is the Net Interest Margin?
3.10%.
How many domestic offices does it operate?
2.
When was it established?
11/12/1993.
What is the Return on Assets (ROA)?
1.18%.
How much are total loans and leases?
$57.27M (latest filing).
What is the total interest income (latest filing)?
$1.31M.