Overview / Commentary
First Bank and Trust of Memphis is headquartered in Memphis and is the 397th largest bank in the state of Texas. It is also the 4,771st largest bank in the nation. It was established in 1898 and as of December of 2018, it had grown to 11 employees at 2 locations. First Bank and Trust of Memphis' CD rates are 2X the national average, and it has a B+ health rating.
Health
B+
Data as of Q4 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Bank and Trust of Memphis has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3335 |
| Year Established | 1898 |
| Employees | 11 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 11.12% |
| Annual Interest Income | $2.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $60.3MM$62.8MM |
| Loans | Q4 2018vs Q4 2017 | $39.6MM$42.1MM |
| Deposits | Q4 2018vs Q4 2017 | $52.2MM$54.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $7.7MM$7.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $619.00K$619.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $0$556.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
First Bank and Trust of Memphis Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | - | - | Traditional Savings |
First Bank and Trust of Memphis Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65%* | $50k* | - | Money Market Checking | ||
| OTHER TIERS: 0.50% → $2.5k - $10k | |||||
First Bank and Trust of Memphis Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $2.5k* | - | Now Account | ||
| OTHER TIERS: 0.30% → $1k - $2.5k | |||||
First Bank and Trust of Memphis CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.04% | $1k | - | 5 Year CD | |
| 2.79% | $1k | - | 4 Year CD | |
| 2.53% | $1k | - | 3 Year CD | |
| 2.28% | $1k | - | 2 Year CD | |
| 2.02% | $1k | - | 1 Year CD | |
| 1.77% | $1k | - | 6 Month CD | |
| 1.00% | $1k | - | 3 Month CD |
First Bank and Trust of Memphis IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.13% | $1k | - | 18 Month IRA |
Locations
| First Bank and Trust of Memphis Locations | ||
|---|---|---|
| First Bank and Trust Of Memphis | 501 Main Street | Memphis, TX 79245 |
| Amarillo Branch | 6900 I-40 West | Amarillo, TX 79106 |