Nantahala Bank & Trust Company


Nantahala Bank & Trust Company is an FDIC insured institution headquartered at 120 Siler Rd, Franklin, NC 28734.
It was founded in 2004 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - April 19, 2024

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.25% $100,000 Compare
18 Mo CD
0.30% $10,000 Compare
18 Mo CD
0.30% $100,000 Compare
24 Mo CD
0.35% $10,000 Compare
24 Mo CD
0.35% $100,000 Compare
30 Mo CD
0.35% $10,000 Compare
30 Mo CD
0.35% $100,000 Compare
36 Mo CD
0.40% $10,000 Compare
36 Mo CD
0.40% $100,000 Compare
48 Mo CD
0.45% $10,000 Compare
48 Mo CD
0.45% $100,000 Compare
60 Mo CD
0.50% $10,000 Compare
60 Mo CD
0.50% $100,000 Compare
MM RATES APY MIN
Money Market
0.10% $2,500 Compare
Money Market
0.10% $10,000 Compare
Money Market
0.10% $25,000 Compare
PREMM RATES APY MIN
Premium Money Market
0.10% $10,000 Compare
Premium Money Market
0.20% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57784
Date Established 2004
Assets $ 278.45 million
Loans $ 176.94 million
Deposits $ 240.37 million
Capital $ 19.80 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 5.67 million
Interest-bearing balances $ 1.04 million
Total securities $ 81.02 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 176.94 million
Loan loss allowance $ 1.95 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.14 million
Goodwill and other intangibles N.A.
All other assets $ 5.48 million
     Total Assets $ 258.65 million

LIABILITIES
Total deposits $ 240.37 million
      Interest-bearing deposits $ 168.70 million
      Deposits held in domestic offices $ 240.37 million
      % insured (estimated) 85.63%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.51 millionn
      Total Liabilities $ 258.65 million
      Shareholders’ Equity $ 19.80 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 10.74 million
Total Interest Expense $ 3.44 million
Net interest income $ 7.30 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 1.21 million
Total non interest expense $ 7.27 million
Pre-tax Net Operating Income $ 1.08 million

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