United Tennessee Bankshares, Inc. - UTBI- Profile

United Tennessee Bankshares, Inc.. The Group's principal activities are to provide financial services to individuals and corporate customers. The Group operates through its subsidiary Newport Federal Bank. The Group's services include, attracting deposits from the public and originating first mortgage loans, commercial real estate loans and consumer loans. The activities of the Group are carried out through three offices in Newport, Tennessee. The Group maintains an investment portfolio, primarily of mortgage backed securities issued by the federal agencies.