BlastPoint's Banking Scorecard
Putnam 1st Mercantile Bank
Cookeville, TN
3 branches across TN
Putnam 1st Mercantile Bank has 4 strengths but faces 1 concern
Key Strengths
Areas where this bank excels compared to peers
- + Profitability Leader: Top 30.2% in tier
- + Net Interest Margin 0.15% above tier average
- + Efficiency Ratio 15.61% below tier average
- + Delinquency Rate 0.66% below tier average
Key Concerns
Areas that may need attention
- - Credit Quality Pressure: Bottom 29.1% in tier
Core Metrics
As of 2026-Q1
| Metric | Current | vs Tier | Tier Avg | State Avg (TN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$176.7M
+13.7% YoY
+3.3% QoQ
|
-$209.4M |
$386.1M
+0.5% YoY
|
$2.8B
+35.7% YoY
|
$6.2B
+9.1% YoY
|
21% |
| Total Loans ? |
$140.7M
+18.0% YoY
+0.6% QoQ
|
-$115.0M |
$255.7M
+1.1% YoY
|
$2.0B
+36.6% YoY
|
$3.2B
+10.8% YoY
|
33% |
| Total Deposits ? |
$158.3M
+13.6% YoY
+3.7% QoQ
|
-$169.6M |
$328.0M
+0.1% YoY
|
$2.4B
+35.2% YoY
|
$4.8B
+8.2% YoY
|
23% |
| Return on Assets ? |
1.82%
+44.0% YoY
+16.6% QoQ
|
+0.56% |
1.27%
+12.9% YoY
|
1.12%
+20.1% YoY
|
1.23%
+13.4% YoY
|
82% |
| Net Interest Margin ? |
4.08%
+13.6% YoY
+5.2% QoQ
|
+0.15% |
3.93%
+6.0% YoY
|
3.93%
+7.0% YoY
|
3.89%
+5.7% YoY
|
62% |
| Efficiency Ratio ? |
49.68%
-16.2% YoY
-9.0% QoQ
|
-15.61% |
65.29%
-4.5% YoY
|
66.13%
-5.5% YoY
|
66.95%
-4.1% YoY
|
85% |
| Delinquency Rate ? |
0.23%
+518.4% YoY
+58.8% QoQ
|
-0.66% |
0.89%
+18.8% YoY
|
0.68%
+13.4% YoY
|
0.95%
+18.8% YoY
|
62% |
| Loan-to-Deposit Ratio ? |
88.85%
+3.9% YoY
-3.0% QoQ
|
+12.22% |
76.64%
+0.8% YoY
|
79.84%
+2.1% YoY
|
76.70%
+0.9% YoY
|
26% |
| Non-Interest-Bearing Deposit Share ? |
19.30%
-1.6% YoY
+6.6% QoQ
|
-2.72% |
22.02%
-1.0% YoY
|
18.48%
-3.8% YoY
|
22.01%
-1.2% YoY
|
42% |
| Nonperforming Asset Ratio ? |
0.18%
+541.5% YoY
+54.5% QoQ
|
-0.46% |
0.64%
+19.7% YoY
|
0.56%
+16.1% YoY
|
0.67%
+19.3% YoY
|
61% |
| Tier 1 Capital Ratio ? |
11.68%
-3.2% YoY
-1.7% QoQ
|
-4.15% |
15.83%
+1.5% YoY
|
14.23%
-1.0% YoY
|
17.06%
+0.8% YoY
|
31% |
| Non-Interest Income / Assets ? |
0.08%
-16.1% YoY
-77.3% QoQ
|
-0.20% |
0.28%
+9.3% YoY
|
0.17%
-1.0% YoY
|
0.32%
+4.1% YoY
|
41% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (1)
Profitability Leader
growthTop-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.
Concerns (1)
Credit Quality Pressure
riskDelinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.