First Bank and Trust of Memphis

Overview / Commentary
501 Main Street
Memphis, TX 79245

First Bank and Trust of Memphis is headquartered in Memphis and is the 386th largest bank in the state of Texas. It is also the 4,627th largest bank in the nation. It was established in 1898 and as of December of 2019, it had grown to 11 employees at 2 locations. First Bank and Trust of Memphis' money market rates are 48% higher than the national average, and it has a B+ health rating.


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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

FDIC Certificate #3335
Year Established1898
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD8.29%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$58.2MM$60.3MM
LoansQ4 2019vs Q4 2018$34.3MM$39.6MM
DepositsQ4 2019vs Q4 2018$49.8MM$52.2MM
Equity CapitalQ4 2019vs Q4 2018$7.7MM$7.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$619.00K$619.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$0$0
Real Estate OwnedQ4 2019vs Q4 2018$0$0
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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

0.65%--Traditional Savings

First Bank and Trust of Memphis Money Market Rates

0.65%*$50k*-Money Market Checking
OTHER TIERS: 0.35% $2.5k - $10k

First Bank and Trust of Memphis Checking Account Rates

0.45%*$2.5k*-Now Account
OTHER TIERS: 0.30% $1k - $2.5k

First Bank and Trust of Memphis CD Rates

1.26%$1k-5 Year CD
1.21%$1k-4 Year CD
1.11%$1k-3 Year CD
1.00%$1k-2 Year CD
0.90%$1k-1 Year CD
0.75%$1k-6 Month CD
0.65%$1k-3 Month CD

First Bank and Trust of Memphis IRA Rates

1.00%$1k-18 Month IRA

First Bank and Trust of Memphis Locations
First Bank and Trust Of Memphis501 Main StreetMemphis, TX 79245
Amarillo Branch6900 I-40 WestAmarillo, TX 79106

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