First Bank and Trust of Memphis

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.53%	5-year CD	5 Year CD 2.50% - Ally Bank High Yield 5 Year CD
1.51%	1-year CD	1 Year CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.65%	Savings	Traditional Savings 1.60% - Goldman Sachs Bank USA High-yield Online Savings Account

View all First Bank and Trust of Memphis rates »

Overview / Commentary

www.firstmemphis.com

806-259-3556

501 Main Street
Memphis, TX 79245

First Bank and Trust of Memphis is headquartered in Memphis and is the 402^nd largest bank in the state of Texas. It is also the 4,913^th largest bank in the nation. It was established in 1898 and as of December of 2017, it had grown to 10 employees at 1 location. First Bank and Trust of Memphis' CD rates are 68% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2017

Learn why bank health matters

Additional 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	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.63%
Return on Equity - YTD	13.6%
Annual Interest Income	$2.5MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$62.8MM$61.4MM
Loans	Q4 2017vs Q4 2016	$42.1MM$48.5MM
Deposits	Q4 2017vs Q4 2016	$54.9MM$53.8MM
Equity Capital	Q4 2017vs Q4 2016	$7.5MM$7.3MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$619.00K$614.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$556.00K$0
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

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Money Market
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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% → $2,500 - $10k

First Bank and Trust of Memphis Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$2,500^*	-	Now Account
OTHER TIERS: 0.30% → $1k - $2,500

First Bank and Trust of Memphis CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.53%	$1k	-	5 Year CD
2.27%	$1k	-	4 Year CD
2.02%	$1k	-	3 Year CD
1.77%	$1k	-	2 Year CD
1.51%	$1k	-	1 Year CD
1.26%	$1k	-	6 Month CD
0.75%	$1k	-	3 Month CD

First Bank and Trust of Memphis IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.64%	$1k	-	18 Month IRA

Locations

First Bank and Trust of Memphis Locations
First Bank and Trust Of Memphis	501 Main Street	Memphis, TX 79245

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