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VERITAS

Franklin, TN

Latest Health Report

Latest Update: March 31, 2021

Assets
$47,531,881
Deposits
$42,854,609
Loans
$26,708,782
Loan Loss Provision
$17,541
Profit
$-16,497
Capital
$4,207,010
Reserves
$278,533
Past Due 90 Days
$69,823
Other Real Estate Owned
$0
Capital Plus Reserves
$4,485,543
Total Troubled Assets
$69,823
Troubled Asset Ratio
1.56

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $44,820,024 $40,331,818 $25,888,971 $-92,520 $4,511,432 $84,990 1.88
2019 $41,281,596 $36,822,382 $28,187,995 $139,438 $4,668,864 $327,228 7.01
2018 $151,145,000 $126,039,000 $109,407,000 $1,295,000 $25,530,000 $2,677,000 10.49
2017 $40,844,987 $36,086,015 $32,277,049 $190,839 $4,342,456 $685,358 15.78
2016 $157,324,000 $134,314,000 $108,154,000 $811,000 $24,906,000 $5,379,000 21.60