A Year of Change, A Year of Growth
with Lineage Bank
We are proud to serve our wonderful community here in Williamson County and the surrounding areas, and we are grateful for the support we have received in return. Whether you are a long-time customer or a new member of our community here in Middle Tennessee, we appreciate your business and the opportunity to serve you.
One of our most significant accomplishments last year was the grand opening of our second location. We officially opened our Cool Springs Branch, bringing together our friends, colleagues, families and community leaders from all over Tennessee. If you still need to, please visit us at the new location!
The most notable accomplishment for our team was that in July of 2022, we surpassed $100 million in loans, but we have also seen extreme growth in other areas since that time. Our assets have grown to $243 million, deposits to $218 million and loans to $135 million. Compared to year-end 2021, this represents an increase of 156%, 207% and 170%, respectively. The fourth quarter in 2022 was also our first profitable quarter, an accomplishment we are incredibly proud of reaching in such a short time.
Another significant accomplishment was the unveiling of our mortgage loan services. We have spent considerable time building this team that consists of experienced, local lenders, and we look forward to helping deliver the keys to your next home.
We have also expanded our digital services to make banking more convenient. Some of our updates include introducing new debit card controls and launching a new online banking platform.
And last but certainly not least, we were proud to support various charitable causes and organizations in our community. From our individual staff members supporting causes near and dear to them to our bank participating in fundraisers and charity events, we are grateful for the opportunity to give back to this community that has given so much to us.
We hope to see some new faces come through our doors in 2023!
Visit our website at lineagebank.com for more information.