Macon Bank and Trust Company, Financial Information

AboutMacon Bank and Trust Company

 Address:
609 Red Boiling Springs Rd.
Lafayette,TN
Macon County,Tennessee
 Established:
Jul 1919
 Number of domestic offices:
8
Total assets$493M
Net income$3M
Net income,quarterly$1M
Total deposits$424M
Domestic deposits$424M
Equity capital$59M
ROA0.62%
ROAQ,quarterly0.68%
ROA,pretax0.68%
ROAQ,quarterly,pretax0.82%
ROE5.12%
ROEQ,quarterly5.68%
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.

Macon Bank & Trust Company is a community bank providing friendly and personal service. The bank is an equal opportunity employer with seven convenient offices in three counties and approximately $336 million in total assets.

During the construction of the branch in Lafayette, the name of the Bank was changed to Macon Bank & Trust Company. The newly constructed Lafayette Office opened for business on August 2, 1965, with William B. Green serving as manager. Three years later in 1968 a new office was built in Red Boiling Springs at the corner of Main Street and McClure Street. Donald R. Birdwell was promoted to Senior Vice-President and manager of the Red Boiling Springs office in 1978. Macon Bank and Trust continued its growth in Lafayette with the construction of a new main office that opened for business November 2, 1980, located on Highway 52 Bypass.

Growing again along with Macon County, Macon Bank opened a new office in the Westside community in 1994. In 1998, Macon Bank constructed a new Westside office and expanded into Westmoreland, Tennessee. This move was a first into a new county for Macon Bank & Trust Company and resulted in growth within the bank and the Westmoreland Community. In March, 2000 Macon Bank opened office inside the local Wal-Mart Supercenter. In October, 2001 Macon Bank acquired a branch office of Union Planters Bank, located in Celina, Tennessee.

Main office
609 Red Boiling Springs Rd
Lafayette, TN 37083
Phone: 615-666-2121
Fax: 615-666-5767