Tower Community Bank

Jasper, TN
IDRSSD: 989730
Total Assets
$383.99M
Latest filing
Total Deposits
$337.55M
Latest filing
Net Interest Margin
4.49%
Profitability

Locations

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Main Office
Tower Community Bank
4564 Main St
Jasper, TN 37347
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/02/1970FDIC Certificate 13809

Branches (11)

Page 1 of 2
NameAddressCity / State
Tower Community Bank (Main)4564 Main StJasper, TN
WHITWELL BRANCH13165 Highway 28Whitwell, TN
SOUTH PITTSBURG BRANCH315 S Cedar AveSouth Pittsburg, TN
MONTEAGLE BRANCH205 W Main StMonteagle, TN
PEOPLES STATE BANK OF COMMERCE7242 Sr 28Dunlap, TN
TOWER COMMUNITY BANK ATM/DPO/LPO7271 Nolensville RdNolensville, TN
NOLENSVILLE BRANCH7271 Nolensville RdNolensville, TN
FRANKLIN BRANCH249 Fourth Avenue NorthFranklin, TN
Showing 7 of 11

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 Date01/02/1970
Community BankYes
Ownership TypeNot Mutual
ZIP37347
State and County Number47115
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 DistrictDallas
Core Based Statistical Area NameChattanooga, TN-GA

Operational Info

Number of Employees72
Domestic Offices11
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/02/1970
Primary Insurance AgencyDIF
Websitewww.towercommunitybank.com
Data Updated11/14/2025
CERT20100
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$383.99M
Total Deposits$337.55M
Total Liabilities$343.72M
Total Equity Capital$40.27M
Net Income$826.00k
Net Loans and Leases$282.46M
Assets Per Employee ($Millions)$5.65M
Bank Premises and Fixed Assets$12.31M
Cash and Balances due from Depository Institutions$33.94M
Deposits Held in Domestic Offices$337.55M

Key Performance Ratios

Return on Assets (ROA)0.83%
Return on Equity (ROE)8.18%
Net Interest Margin4.49%
Efficiency Ratio71.95%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.349%
Earning Assets to total Assets91.51%

Income and Expense

Total Interest Income$5.88M
Total Noninterest Income$914.00k
Total Interest Expense$1.91M
Total Noninterest Expense$3.55M
Net Interest Income$3.97M
Pre-tax Net Operating Income$1.15M
Provision for Credit Losses$180.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$1.75M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.18M
Total Liabilities and Capital$383.99M

Securities

Securities$39.59M
Available-for-sale debt securities$39.59M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Tower Community Bank?
$383.99M as of the latest filing.
How much are Tower Community Bank's total deposits?
$337.55M in total deposits.
Where is Tower Community Bank located?
Jasper, TN.
What is the Net Interest Margin?
4.49%.
How many domestic offices does it operate?
11.
When was it established?
01/02/1970.
What is the Return on Assets (ROA)?
0.83%.
How much are total loans and leases?
$282.46M (latest filing).
What is the total interest income (latest filing)?
$5.88M.