Question 1

What is The Tipton Latham Bank?

Accepted Answer

The Tipton Latham Bank is an independent community bank serving central Missouri communities. With approximately $190 million in total assets and two convenient locations, the bank provides full-service banking to residents and businesses in Moniteau County and the Jefferson City metropolitan area.

Operating as a national bank under federal charter since 1906, The Tipton Latham Bank maintains strong financial performance with a return on assets (ROA) of 1.58% and return on equity (ROE) of 17.2%. The bank employs 19 staff members and specializes in agricultural lending while serving diverse community banking needs.

Question 2

When was The Tipton Latham Bank founded?

Accepted Answer

The Tipton Latham Bank was founded on December 29, 1906, making it one of Missouri's long-standing community banks with nearly 120 years of continuous service. The bank was established to serve the agricultural and commercial banking needs of rural communities in central Missouri.

The bank has served multiple generations of families and businesses throughout its history, adapting to changing economic conditions while maintaining its commitment to independent community banking. Its longevity demonstrates the trust and confidence the local community has placed in the institution for over a century.

Question 3

Where is The Tipton Latham Bank headquartered?

Accepted Answer

The Tipton Latham Bank is headquartered at 800 US Highway 50 West in Tipton, Missouri 65081. Tipton is a small community in Moniteau County, located in central Missouri approximately 30 miles southwest of Jefferson City, the state capital.

The bank's location in rural central Missouri positions it to serve agricultural communities and small towns throughout the region while maintaining access to the Jefferson City metropolitan area.

Question 4

Where does The Tipton Latham Bank operate?

Accepted Answer

The Tipton Latham Bank operates two full-service offices serving central Missouri. The main office is located in Tipton, with an additional branch in Latham, Missouri, reflecting the bank's dual-community focus evident in its name.

Both locations serve the Jefferson City, Missouri metropolitan statistical area, providing banking services to Moniteau County and surrounding counties in central Missouri. The bank's footprint allows it to serve both agricultural operations and residential customers throughout the region.

Question 5

What services does The Tipton Latham Bank offer?

Accepted Answer

The Tipton Latham Bank offers comprehensive personal banking services including checking accounts (with no minimum opening balance for savings accounts), savings accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), and debit cards for convenient purchases.

Lending services include personal loans for debt consolidation and unexpected expenses, home mortgages, automobile loans, and business and commercial lending for local businesses. The bank specializes in agricultural lending, understanding the unique financing needs of farming operations.

Digital banking services include online banking, mobile banking, and online financial calculators to help customers with rate calculations and payment planning. The bank also offers a convenient online check reordering service, eliminating the need to visit a branch for routine banking tasks.

Question 6

What makes The Tipton Latham Bank unique?

Accepted Answer

The Tipton Latham Bank distinguishes itself as a locally owned and operated independent community bank that has maintained its independence for nearly 120 years. Unlike many community banks that have been acquired by larger institutions, The Tipton Latham Bank remains committed to local ownership and decision-making.

The bank's agricultural lending specialization reflects its deep understanding of farming operations and rural economic cycles. This expertise allows the bank to structure financing solutions specifically designed for agricultural businesses, including seasonal cash flow considerations.

The bank's small size (19 employees) ensures that customers receive personalized attention and work directly with experienced bankers who understand the local market. The bank's S-Corporation tax structure and operation under Latham Bancshares Inc. allows profits to benefit local shareholders rather than distant investors.

With strong financial ratios and over a century of stability, The Tipton Latham Bank demonstrates that community banking can thrive by focusing on relationships, local expertise, and personalized service.

Question 7

What type of financial institution is The Tipton Latham Bank?

Accepted Answer

The Tipton Latham Bank, National Association is a federally chartered national bank regulated by the Office of the Comptroller of the Currency (OCC). The bank is a member of the Federal Reserve System and maintains FDIC insurance, with deposit insurance dating back to January 1, 1934.

As a national bank, the institution operates under federal banking regulations and OCC supervision within the Western District. The bank is organized as an S-Corporation for tax purposes and operates as a subsidiary of Latham Bancshares Inc. (RSSD ID 1097744).

The bank does not exercise trust powers, maintaining a focused business model on traditional community banking, commercial lending, and agricultural finance. Its national bank charter provides regulatory consistency while allowing it to serve local community needs effectively.

The Tipton Latham Bank

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About The Tipton Latham Bank in the United States