Tri-State Bank of Memphis

Tri-State Bank of Memphis is headquartered in Memphis and is the 136^th largest bank in the state of Tennessee. It is also the 4,196^th largest bank in the nation. It was established in 1946 and as of March of 2012, it had grown to 51 employees at 4 locations. Tri-State Bank of Memphis has a 4-star health rating.

Tri-State Bank of Memphis Checking Account Rates

Tri-State Bank of Memphis Savings Account Rates

Tri-State Bank of Memphis Money Market Rates

Tri-State Bank of Memphis CD Rates

Data for Q1 2012

Institution Statistics Tri-State Bank of Memphis FDIC Certificate # 16511 BankRate Report View Year Established 1946 Employees 51 Primary Regulator FDIC Assets and Liabilities Assets $132.33 million Loans $75.95 million Deposits $116.10 million Equity Capital $15.38 million Loan Loss Allowance $2.28 million Unbacked Noncurrent Loans $10.02 million Real Estate Owned $888,000 Historic Data - March 2011 Assets $125.19 million Equity Capital $17.63 million Loan Loss Allowance $1.70 million Unbacked Noncurrent Loans $14.41 million Real Estate Owned $427,000 Profit Margin - Quarterly Net Interest Margin 4.45% Return on Assets -0.3% Return on Equity -2.45% Interest Income $1.35 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Tri-State Bank of Memphis had $10.9 million in non-current loans and owned real-estate with $17.66 million in equity and loan loss allowances on hand to cover it. This gives Tri-State Bank of Memphis a Texas Ratio of 61.77% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Tri-State Bank of Memphis decreased slightly from 78.36% as of March 31, 2011 to 61.77% as of March 31, 2012, resulting in a positive change of 21.18%.This indicates that the balance sheet and financial strength for Tri-State Bank of Memphis has improved slightly in recent periods. Deposit Growth In the past year, Tri-State Bank of Memphis has increased its total deposits by $13.4 million, resulting in 13.04% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Tri-State Bank of Memphis has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Tri-State Bank of Memphis has $132.33 million in assets with $17.66 million in equity, resulting in a capitalization level of 13.34%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.