Commercial Bank
Harrogate, Tennessee, Claiborne County
$2.4B in total assets, the 540th largest of 4,309 US banks and 9th of 109 headquartered in Tennessee.
- FDIC certificate
- 22354
- Established
- 1976
- Owned by
- Commercial Bancgroup Inc
- Primary regulator
- FED
- Website
- www.cbtn.com
At a glance
Compared with 27 banks headquartered in Tennessee with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.4B | 82% | $1.6B | |
| Loans | $1.9B | 85% | $1.1B | |
| Deposits | $1.9B | 78% | $1.4B | |
| Return on assets | 1.82% | 70% | 1.39% | |
| Net interest margin | 3.89% | 63% | 3.76% | |
| Efficiency ratio | 40.8% | 4% | 56.7% | |
| Equity to assets | 11.12% | 78% | 10.05% | |
| Loans to deposits | 101% | 93% | 82% |
Growth
Total assets grew 7.3% a year over the last 5 years and 9.5% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2024 | Alliance Bank & Trust Company Gastonia, NC | $269M |
| Feb 2020 | First National Bank and Trust London, KY | $225M |
| Jan 2018 | Citizens Bank New Tazewell, TN | $190M |
| Apr 2016 | National Bank of Tennessee Newport, TN | $148M |
| Sep 2008 | The Union National Bank and Trust Company of Barbourville Barbourville, KY | $195M |
| Nov 2001 | Middlesboro Federal Bank, FSB Middlesboro, KY | $125M |
| Apr 1986 | Union County Bank Maynardville, TN | $33M |
Where they operate
36 branches in 15 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Claiborne County, TN | $583M | 53.2% | 1 of 3 |
| Laurel County, KY | $237M | 18.3% | 2 of 12 |
| Cocke County, TN | $209M | 26.4% | 2 of 5 |
| Knox County, KY | $155M | 32.5% | 1 of 6 |
| Union County, TN | $138M | 51.1% | 1 of 3 |
| Cleveland County, NC | $112M | 7.8% | 4 of 9 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 16 branches since 2016 (20 to 36, +80.0%). 3 opened, 13 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 20 | |||
| 2016 | Acquired National Bank of Tennessee | 2 | 0 | +2 | 22 |
| 2017 | Opened Corbin | 1 | 0 | +1 | 23 |
| 2018 | Acquired Citizens BankOpened Morristown | 4 | 0 | +4 | 27 |
| 2019 | Opened Brentwood | 1 | 0 | +1 | 28 |
| 2020 | Acquired First National Bank and Trust | 4 | 0 | +4 | 32 |
| 2024 | Acquired Alliance Bank & Trust Company | 4 | 0 | +4 | 36 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 46% | 30% | |
| 1-4 family residential | 20% | 33% | |
| Multifamily | 13% | 4% | |
| Construction and land | 10% | 11% | |
| Business (C&I) | 7% | 10% | |
| Farmland | 1% | 2% | |
| Consumer | 1% | 6% | |
| Other | 2% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 49% | |
| Time deposits | 27% | 34% | |
| Noninterest-bearing | 24% | 17% |
Brokered deposits are 2.9% of deposits (peers 7.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.35% | 0.28% |
| Net charge-offs, annualized | -0.01% | 0.03% |
| Reserves to loans | 0.97% | 1.15% |
| Leverage ratio | 11.58% | 9.92% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Claiborne County, TN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/commercial-bank-harrogate-tn