EDGE Leaderboard: Biggest banks in metro Chattanooga

EDGE Leaderboard: Biggest banks in metro Chattanooga

December 1st, 2017 by Dave Flessner in EDGE

The First Tennessee Bank building, Liberty Tower, and Republic Center are seen from a new apartment building at 728 Market Street.

Photo by Doug Strickland /Times Free Press.

The 27 banks operating in the 6-county metropolitan Chattanooga area collectively had more than $9.7 billion in deposits as of June 30, 2017, up nearly 5.1 percent from a year earlier.

1. First Tennessee, $2.48 billion, or 25.5 percent of the market

2. SunTrust, $1.69 billion, or 17.4 percent of the market

3. Regions, $1.28 billion, or 13.2 percent of the market

4. Pinnacle, $648.5 million, or 6.7 percent of the market

5. First Volunteer, $456.2 million, or 4.7 percent of the market

6. Bank of America, $439.5 million, or 4.5 percent of the market

7. FirstBank, $336.3 million, or 3.5 percent of the market

8. Citizens Tri-County, $333.9 million, or 3.4 percent of the market

9. SmartBank, $301.3 million, or 3.1 percent of the market

10. Bank of Lafayette, $208.5 million, or 2.1 percent of the market

Source: Federal Deposit Insurance Corp., Deposit Market Share as of June 30, 2017