The Bank of Milan Information

Basic Information

Bank Name: The Bank of Milan
Holding Company: Hometown Bancorp, Inc.
Concentration: Commercial Lending Specialization

Address:
2011 East Van Hook Street
Milan, Tennessee 38358
United States

Website:

General Information

Established: 1993-11-12
Total Branches: 2
Headquarters Located: Milan
Assets: $ 67,665,000
Equity Capital: $ 5,869,000
Deposits: $ 59,606,000
Domestic Deposits: $ 59,606,000
Net Income: $ 127,000
Quarterly Net Income: $ 127,000
Return on Assets: 0.75%
Return on Equity: 8.48%
Pretax Return on Assets: 0.85%

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FDIC Information

Certificate No.: 33851
Insurance: 1993-11-12 00:00:00
Unique ID: 48159
Structural Event: Merge BIF and SAIF Funds into DIF
Supervisory Region: Dallas

Federal Reserve District: St. Louis
Federal Reserve ID No.: 2123930
Geographic Region: Not Mentioned
Supervisory Region: Dallas
Field Office: Memphis
Supervisory Office: Dallas

More Information

County: Gibson
State & County No.: 47053
State Identification Code: 47
Interstate Branches: No
Domestic Offices: 2
Conservatorship: No
CMSA Division No.: No

Trust Powers: No
CSA:
CSA Code: 0
CBSA:
CBSA Code: 0
CBSA Metropolitan Statistical Areas:
City of High Holder: Milan
FFIEC Call Report 31 Filer: No

Chartering Agency: STATE
OCC Charter Number: 0
Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Office of Thrift Supervision Region: Southeast
Regulator:
Office of the Comptroller (OCC) Districts: Southwest

Report Date: 31 March 2018,   Last Updated: 21 May 2018
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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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Stay away from this bank, they are Crooks! In the 3 years that I have been banking with Wells Fargo I have sent hundreds of wires out to foreign country’s and received some wires back to the US. When i received a wire for $21000 and they closed my account without any notice i then received a form email that they closed my account for receiving an unsolicited wire. The local bank manager just shrug his shoulders. Stay away from this bank they are fee crooks.
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