The bank's capital base is a modest Rs 28 lakh, whereas the reserves and surplus shot up by a whopping Rs 151.07 crore, an increase of 33.49 per cent over the previous year.

As against the capital adequacy ratio (CAR) of 8 per cent stipulated by the Reserve Bank of India, the bank boasts a CAR of 19 per cent -- one of the highest in the industry.

The TMB board has recommended a dividend of 100 per cent, subject to the RBI approval -- a 30 per cent jump over last year's payout.

The bank has garnered Rs 1,604 crore in deposits, of which 99 per cent is in core deposits and in credit operations while its aggregate advances have reached Rs 825 crore. The bank's average credit deposit ratio for the year is at 55 per cent. The deployment in prioritysector credit is Rs 353.83 crore which constitutes 48.86 per cent of its total advances as against the prescription of 40 per cent by the RBI. The average business per branch of the bank has increased to Rs 17.11 crore.

The merchant trading turnover in TMB's forex operations has crossed the Rs 1,000-crore mark to Rs 1,057 crore. The credit deployment for export/import activities has touched a level of Rs 132 crore, constituting 15.94 per cent of total advances, well exceeding the 12 per cent target stipulated by the RBI.

TMB's net non-performing assets to net advances is barely 5.37 per cent.The bank has ambitious plans to launch Internet banking and E-mail service during this year enabling the customers to access their accounts from their workplace.

Set up 77 years back, TMB has 142 branches spread all over the country, including two specialised branches. It has drawn up plans to open nine new branches at important commercial centres like Pune, Baroda, Vishakhapatnam, Mumbai, Ichalkaranji, Hosur,Tambaram, Karaikal and Marthandam before the end of the current fiscal.