Banks | InsBank

InsBank

For information concerning Finworth, a division of InsBank online bank, please click here.

InsBank is an FDIC insured institution headquartered at 2106 Crestmoor Rd, Nashville, TN 37215.
It was founded in 2000 and has approximately $1 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 26, 2024

CD RATES APY MIN
3 Mo CD
2.27% $50,000 Compare
6 Mo CD
2.52% $50,000 Compare
15 Mo CD
4.30% $50,000 Compare
18 Mo CD
4.30% $50,000 Compare
22 Mo CD
3.20% $50,000 Compare
24 Mo CD
3.20% $50,000 Compare
36 Mo CD
3.30% $50,000 Compare
MM RATES APY MIN
Money Market
2.38% $50,000 Compare
Money Market
2.53% $250,000 Compare
INT CHECKING RATES APY MIN
INTCK
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35521
Date Established 2000
Assets $ 833.23 million
Loans $ 675.32 million
Deposits $ 679.79 million
Capital $ 95.43 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 52.59 million
Interest-bearing balances $ 47.38 million
Total securities $ 56.06 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 675.32 million
Loan loss allowance $ 9.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 32.52 million
     Total Assets $ 737.80 million

LIABILITIES
Total deposits $ 679.79 million
      Interest-bearing deposits $ 600.95 million
      Deposits held in domestic offices $ 679.79 million
      % insured (estimated) 82.88%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 58.01 million
Subordinated debt N.A.
All other liabilities $ 2.70 millionn
      Total Liabilities $ 737.80 million
      Shareholders’ Equity $ 95.43 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 25.26 million
Total Interest Expense $ 13.20 million
Net interest income $ 12.06 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.69 million
Total non interest expense $ 6.88 million
Pre-tax Net Operating Income $ 7.84 million

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Branches

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InsBank Locations

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