Putnam 1st Mercantile Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Putnam 1st Mercantile Bank of Cookeville, TN against its peer group of 2672 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 2.00% | 1.34% | +0.66% | 85th top |
| ROAE | 21.57% | 13.31% | +8.26% | 91st top |
| Net Interest Margin | 4.12% | 3.93% | +0.19% | 60th above |
| Efficiency Ratio | 47.25% | 61.14% | -13.89% | 86th top |
| PPNR / Avg Assets | 2.33% | 1.68% | +0.65% | 85th top |
| Yield on Earning Assets | 6.37% | 5.67% | +0.70% | 83rd top |
| Cost of Funds | 2.53% | 1.88% | +0.65% | 14th bottom |
| Net Interest Spread | 3.26% | 3.32% | -0.06% | 46th below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.00% | 0.94% | -0.94% | 93rd top |
| NPA / Total Assets | 0.00% | 0.70% | -0.70% | 94th top |
| NCO / Avg Loans Ahead of the peer average, behind the median peer. | 0.10% | 0.16% | -0.06% | 19th bottom |
| ACL / Total Loans | 1.44% | 1.28% | +0.16% | 74th above |
| Texas Ratio | 1.04% | 7.33% | -6.29% | 72nd above |
| Provision / NCO | -11.11% | 1395.86% | -1406.97% | 6th bottom |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Leverage Ratio Behind the peer average, ahead of the median peer. | 11.72% | 12.14% | -0.42% | 62nd above |
| Equity / Assets | 9.53% | 11.37% | -1.84% | 36th below |
| TCE / Tangible Assets | 9.53% | 11.09% | -1.56% | 40th below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 93.10% | 80.63% | +12.47% | 22nd bottom |
| Core Deposit Ratio | 72.62% | 86.86% | -14.24% | 7th bottom |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 16.41% | 6.85% | +9.56% | 93rd top |
| Loan Growth (Y/Y) | 19.60% | 7.90% | +11.70% | 92nd top |
| Deposit Growth (Y/Y) | 16.33% | 6.29% | +10.04% | 92nd top |
See Putnam 1st Mercantile Bank's peers by name
The 2672 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Putnam 1st Mercantile Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Putnam 1st Mercantile Bank profile, how to read a UBPR, or how this data updates.