Applications / Mortgage Analytics / Lenders / Tennessee / Tower Community Bank
Jasper, TN · State non-member bank · FDIC · $382 million assets · 33 loans in 2025
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33
loans originated, 2025
38
applications, 2025
4
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Tower Community Bank is a small Tennessee bank that makes only conventional loans, an unusually large share of them on manufactured homes.
Tower Community Bank made 33 loans in 2025, down 13% from 38, while the whole market grew 10%. Similar lenders, state non-member banks making between half and twice as many loans, typically made 44. Its record is patchy. It filed no report for 2020 to 2022, and its 124 loans in 2023 were far above any other year shown. With so few loans, a handful either way moves every share.
Manufactured homes took 15.2% of its loans, against 2.3% at the typical similar bank, a higher share than nearly nine in ten of them. Purchases made up 57.6% of its lending and refinancing 39.4%. Its typical loan, $165,000, was close to the peer figure of $167,500, though well below its own $285,000 of 2024.
A third of its loans, 33.3%, went to low- and moderate-income (LMI) neighborhoods, against 19.0% at similar banks, a higher share than about four in five of them. The share rose from 21.1% in 2024. On 33 loans, a few mortgages either way would change the figure a lot.
Its oldest market is Chattanooga, where it has lent since 1990 and ranks 169 of 525 lenders with 0.1% of the dollars. Around Nashville it ranks 333 of 821. It first lent in Knoxville and around Crestview-Fort Walton Beach-Destin in 2025.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Tower Community Bank took 38 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 57.6% · Refinance 39.4% · Home improvement 3.0%
Conventional 100.0% · of 33 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Tennessee | 29 | 87.9% |
| Alabama | 2 | 6.1% |
| Florida | 1 | 3.0% |
| Georgia | 1 | 3.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Chattanooga | 18 |
| Nashville-Davidson--Murfreesboro--Franklin | 9 |
| Crestview-Fort Walton Beach-Destin | 1 |
| Decatur | 1 |
| Huntsville | 1 |
| Knoxville | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300IBHFWCA2THLC52 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 989730 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 320100 | 1990–2017 |
Established 2 January 1970. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Tower Community Bank's data.
Tower Community Bank's data
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Tower Community Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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