# TENNESSEE COMMERCE BANK
FRANKLIN, TN · FDIC certificate 35296 · asset band $1-10B · latest filing 2011-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 11 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.01B | |
| Deposits | $1.04B | |
| Loans and leases | $897.2M | |
| Total equity | $-36.7M | |
| Loans / deposits | 80.28% (p54 of band) | 78.14% |
| Liquid assets / assets | 12.86% (p7 of band) | |
| Uninsured deposits / deposits | 3.45% (p8 of band) | 18.31% |
| Brokered deposits | 17.03% | |
| Wholesale funding | 17.03% (p79 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | -3.22% (p0 of band) | 9.37% |
| Unrealized securities loss / equity | – | 3.83% |
| AOCI / equity | – | |
| ROA (annualized) | -12.63% (p0 of band) | 0.77% |
| Net interest margin | 3.09% (p20 of band) | 3.68% |
| Efficiency ratio | 119.26% (p98 of band) | |
| Noncurrent loans | 14.16% (p96 of band) | 2.15% |
| Net charge-offs (annualized) | 8.65% (p100 of band) | |
| Reserve coverage of noncurrent | 50.43% | |
| Real estate % of loans | 41% | |
| Construction % of loans | – | |
| Auto loans | $554,000 (0.06% of loans; DQ 4.51%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 79 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, losing money, reserve under noncurrent |  |
| 2011-06 | 11 | leverage <7%, leverage <5%, expense ratio p90, noncurrent p90, charge-offs p90, construction >100% equity |  |
| 2011-09 | 12 | capital falling |  |
| 2011-12 | 11 |  | construction >100% equity |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2012-06-22 [Besieged banker Lowery owed TN Commerce, others $80M - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxQLUJPMm0yU1E1VlE0RGJkalk3Uk9WX3R6ZGwxZHlFSm5iTVpmRnFvMm5ZRmRmdnJrSXdTckU4Ulh4dzBFSUtHR1Z0cEhsdXNiNElTakpQcFQ2YmVpcjFab1VwYjF0MzBKZEhZbUJfdUpxX3J4RmRlWU9wZEtacjRSNVFkSGQ4c1pwRGhZYkktZ0lNOU8yZF9fUHdkRjZYUQ?oc=5) · The Business Journals
- 2017-02-07 [Franklin man charged with falsifying information on Tennessee Commerce Bank - The Tennessean](https://news.google.com/rss/articles/CBMizAFBVV95cUxOTUJabGlPMUZVazZTcHpjM0xxQjF1VkNmbnpHSVVkemVha1NMZU1yaGJOb2tIcm1NalFEUTlHVzBlaTlSTEtDQlJjNzNaS2xHSEoxNlg5OGkzclExZ0tWMUNkTmVvWW4wbUt3d0R3bVVyTkhmbl9UN3gzTmhyQlFlR3NxOGRhYXV3T0ppSnZ6VnFHajNJMklVc0xQc3JSQXlPcGRZSDZDbUhvVU9YWFdnaHhFbWRjeDhveHcxX1pyQy1NSzd0N0JPMEVLRlM?oc=5) · The Tennessean
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2012-09-18 [Ed Lowery's debt with Tennessee Commerce was $65M: FDIC - The Business Journals](https://news.google.com/rss/articles/CBMikwFBVV95cUxObi1ta1kzUWdpLWR3Tm9DdzB0X0pySkNsb294S1hXNFhBRDBQSUlHdElLR2dLbGluLXFjNFBRWXA1NmlFdWQ4VkU2ZXE0a0dZejdUVWlsSV9CZVBNQmlOWXdZUlhsdDUxUXM5R0lhMWs3VUFMNUt4V0YyckFhcWNTNzRXMXlXR0VuRS1iTG1VaUFJdWM?oc=5) · The Business Journals
- 2022-02-19 [BRENTWOOD: Injured Marine makes it home, meets those who remodeled house - Williamson Herald](https://news.google.com/rss/articles/CBMiogFBVV95cUxPMVh2Q3ZHWGlJdzhUcW1XOXNGRVU5Sm1UVE5CWS1NUkdDczQ4OC1qdUNHYkNZa0xNNkEtd0tRTnVqcTJZeEloZl90Z05oM0RRQ3lSX1FuLXVER1Rfa01BVkVJUUFMWmhjWUsybU1Od1I3d1pYaWdheU91VjJqd01nenVwTzlkVXkwRU5VWlJPVDEzUWVzNjRHa1lUcWYzUHNCdVE?oc=5) · Williamson Herald
- 2014-05-30 [FDIC fines former Tennessee Commerce Bank CEO Michael Sapp $485K - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxPZ24yUlpvMmpCR0cxenJ3bC1xSzFCRmo0bWtJbkx5TTRENlR2MFp6SXdWTGMtaFdZanBUbUFTUEVWaU53RzlzbERNc3g3N1R5UXhoWXE0cmNEN2NVd19JbnQ1WElZeUJLcGpsaVd1WkFQRGMyNU1aenNXZUhUdXowamRqbHZOdGR0UHg0YmdNN2UyQjVJMDhlWE9vc1YtU1ZYWUxNODhkMA?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35296 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/32.json (key "35296", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide