The Somerville Bank & Trust Company, Financial Information

About The Somerville Bank & Trust Company

 Address:
16790 Hwy 64
Somerville, TN
Fayette County, Tennessee
 Established:
Jan 1910
 Number of domestic offices:
5
Total assets$203M
Net income$1M
Net income, quarterly$0M
Total deposits$179M
Domestic deposits$179M
Equity capital$22M
ROA0.61%
ROAQ, quarterly0.55%
ROA, pretax0.55%
ROAQ, quarterly, pretax0.86%
ROE5.47%
ROEQ, quarterly4.98%
UpdatedApr 11, 2013

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.

Somerville Bank and Trust Co. has served Fayette County since 1910. Somerville Bank & Trust Company was founded by H.S. Shaw in 1910.

Located in the historic downtown district of Somerville, Tennessee, the Somerville Bank & Trust Company building was constructed in 1895 and is of the Victorian Romanesque influence. It is a two story (the third story having been removed in 1957) brick and cut stone building with a round arched entrance, supported by polished pink marble columns. It originally housed The Fayette County Bank and in 1930 the structure was purchased by SB&T Co. for $7,500.00.

The old bank building withstood the reverses and times of the 1920's leading to the Great Depression and a fire that destroyed the courthouse and several buildings on the square. The interior of the older part of the building still has the oak woodwork and is colonial in design. Throughout the years, several additions have been added which include offices, work spaces, a large community room, gardens and wrought iron fencing.

Somerville Bank and Trust Co. is proud to offer its customer Savings Accounts, CDs and IRA's that meet your every need. The Somerville Bank & Trust Company offers all types of loans: Agriculture, Auto, Business, Commercial (including SBA Loans), Construction, Home Improvement (2nd Mortgage), Land & Lot, Mortgage, Personal (loans of every type), Recreational, Residential.

Somerville Bank and Trust Co. - Main Branch
Address: 16790 Highway 64
Somerville, TN. 38068-0879
Phone: (901) 465-9864
Fax: (901)-465-9886

Rossville Bank
Address: 70 Front Street
Rossville, TN. 38066
Phone: (901) 853-4835

Hickory Withe Bank /ATM
Address: 3335 Highway 64
Eads, TN. 38028
Phone: (901) 465-2400

Rossville Drive Thru /ATM
Address: 5725 Highway 57
Rossville, TN. 38066
Phone: (901) 854-1770

West Side Branch /ATM
Address: 16230 Highway 64
Somerville, TN. 38068
Phone: (901) 465-5878