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McKenzie Banking Company, Financial Information

About McKenzie Banking Company

 Address:
676 North Main Street
McKenzie, TN
Carroll County, Tennessee
 Established:
Feb 1934
 Number of domestic offices:
9
Total assets$167M
Net income$3M
Net income, quarterly$0M
Total deposits$148M
Domestic deposits$148M
Equity capital$18M
ROA1.77%
ROAQ, quarterly1.19%
ROA, pretax1.19%
ROAQ, quarterly, pretax1.68%
ROE14.01%
ROEQ, quarterly10.06%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

McKenzie Banking Company was founded in 1934. In 1985 the Wilson family became partners with the bank through stock ownership. At that time there were 2 offices with a total of 25 employees. Today MBC/ Foundation Bank are located in 6 different cities with 90 employees.

McKenzie Main Office
676 N. Main Street
McKenzie, TN 38201

McKenzie Highland Branch
15345 Highland Ave.
McKenzie, TN 38201

Paris
1137 East Wood Street
Paris, TN 38242

Alamo
9 N. Bells Street
Alamo, TN 38001

Alamo Branch
1387 W. Church St.
Alamo, TN 38001

Jackson
1049 Union University Dr.
Jackson, TN 38305

Obion
224 S. 7th Street
Obion, TN 38240

Paris Landing
14201 Hwy 79 N.
Buchanan, TN 38222

Historical Data