Millennium Bank
Chattanooga, Tennessee, Hamilton County
$781M in total assets, the 1,308th largest of 4,309 US banks and 43rd of 109 headquartered in Tennessee.
- FDIC certificate
- 35138
- Established
- 1999
- Owned by
- Millennium Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.ngnb.bank
At a glance
Compared with 71 banks headquartered in Tennessee with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $781M | 84% | $353M | |
| Loans | $603M | 87% | $254M | |
| Deposits | $704M | 86% | $301M | |
| Return on assets | 0.11% | 2% | 0.99% | |
| Net interest margin | 4.57% | 82% | 4.00% | |
| Efficiency ratio | 81.4% | 87% | 66.3% | |
| Equity to assets | 8.58% | 18% | 9.82% | |
| Loans to deposits | 86% | 58% | 83% |
Growth
Total assets grew 8.9% a year over the last 5 years and 17.5% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2025 | North Georgia National Bank Calhoun, GA | $272M |
| Jun 2020 | Columbia Bank Lake City, FL | $209M |
Where they operate
13 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Gordon County, GA | $227M | 20.2% | 2 of 8 |
| Hamilton County, TN | $220M | 1.7% | 11 of 23 |
| Columbia County, FL | $158M | 7.1% | 3 of 6 |
| Whitfield County, GA | $37M | 1.4% | 10 of 10 |
| Marion County, FL | $33M | 0.4% | 20 of 21 |
| Alachua County, FL | $30M | 0.5% | 16 of 18 |
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 9 branches since 2016 (4 to 13, +225.0%). 3 opened, 8 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2017 | Opened Chattanooga | 1 | 0 | +1 | 5 |
| 2018 | Opened Ooltewah | 1 | 0 | +1 | 6 |
| 2020 | Acquired Columbia Bank | 5 | 0 | +5 | 11 |
| 2021 | Closed Lake City | 0 | 1 | −1 | 10 |
| 2025 | Acquired North Georgia National BankOpened Chattanooga | 4 | 0 | +4 | 14 |
| 2026 through Q2 | Closed Hixson | 0 | 1 | −1 | 13 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 45% | 24% | |
| 1-4 family residential | 23% | 41% | |
| Business (C&I) | 12% | 10% | |
| Construction and land | 11% | 12% | |
| Multifamily | 4% | 3% | |
| Farmland | 2% | 4% | |
| Consumer | 1% | 4% | |
| Agricultural | 0% | 1% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 41% | 41% | |
| Time deposits | 34% | 40% | |
| Noninterest-bearing | 25% | 19% |
Brokered deposits are 2.6% of deposits (peers 3.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.68% | 0.38% |
| Net charge-offs, annualized | 1.84% | 0.02% |
| Reserves to loans | 1.23% | 1.08% |
| Leverage ratio | 7.70% | 10.62% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Gordon County, GA
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/millennium-bank-chattanooga-tn