SimplyBank.
This institution is no longer FDIC-active (merged, renamed, or closed). FDIC certificate #10693.
Total assets
—
Deposits
$619M
Q2 2024
Active branches
—
Closings since Jan 2020
4
6 openings since Jan 2020
Financial snapshot — Q2 2024
All quarters →Net income (quarter)
$-12737K
Return on assets
-3.11%
Return on equity
-37.72%
Noncurrent loan rate
0.76%
Deposits by year (Summary of Deposits)
02019
02020
12021
12022
12023
12024
Values in $ billions, June 30 of each year.
Closings by year
22021
22022
Openings by year
22020
22021
22022
Other network changes since 2020
- 3 branch relocations
- 6 branches acquired through purchases or mergers
Recent closings
- SimplyBank. — Cleveland, TNbank exits city4675 N LEE HWY · closed September 30, 2022
- SimplyBank. — Knoxville, TNbank exits city200 PROSPERITY DR · closed May 31, 2022
- SimplyBank. — Dayton, TNbank exits city420 3RD AVE · closed March 22, 2021
- SimplyBank. — Dayton, TNbank exits city1271 MARKET ST · closed March 19, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits.