Tri-State Bank of Memphis

Overview / Commentary

www.tristatebank.com

901-525-0384

180 South Main Street
Memphis, TN 38101

Tri-State Bank of Memphis is headquartered in Memphis and is the 124^th largest bank in the state of Tennessee. It is also the 4,119^th largest bank in the nation. It was established in 1946 and as of March of 2020, it had grown to 24 employees at 1 location. Tri-State Bank of Memphis' money market rates are 14% higher than the national average, and it has a B health rating.

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Health

Data as of Q1 2020

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. Tri-State Bank of Memphis has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	16511
Year Established	1946
Employees	24
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.76%
Return on Equity - YTD	-5.92%
Annual Interest Income	$824.00K

Assets and Liabilities
Assets	Q1 2020vs Q1 2019	$90.1MM$94.5MM
Loans	Q1 2020vs Q1 2019	$48.3MM$50.2MM
Deposits	Q1 2020vs Q1 2019	$78.5MM$81.5MM
Equity Capital	Q1 2020vs Q1 2019	$11.2MM$12.8MM
Loan Loss Allowance	Q1 2020vs Q1 2019	$1.5MM$1.3MM
Unbacked Noncurrent Loans	Q1 2020vs Q1 2019	$1.2MM$1.4MM
Real Estate Owned	Q1 2020vs Q1 2019	$75.00K$137.00K

Rates

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Savings
Money Market
Checking
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Tri-State Bank of Memphis Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$1k	-	IRA Fixed
0.40%	$500	-	IRA Variable
0.15%^*	$1k^*	-	Regular Savings Account
OTHER TIERS: 0.01% → Up to $100 \| 0.10% → $100 - $1k
0.10%	$25	-	Christmas Club Account

Tri-State Bank of Memphis Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$100k^*	-	Money Market Preferred Savings Account
OTHER TIERS: 0.05% → $2.5k - $10k \| 0.15% → $10k - $50k \| 0.35% → $50k - $100k

Tri-State Bank of Memphis Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$100k^*	-	Checking Plus Account
OTHER TIERS: 0.01% → Up to $1k \| 0.05% → $1k - $2.5k \| 0.10% → $2.5k - $100k

Tri-State Bank of Memphis CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$1k	-	60 Month CD
0.20%	$1k	-	30 Month CD
0.15%	$1k	-	18 Month CD
0.15%	$1k	-	24 Month CD
0.10%	$1k	-	12 Month CD
0.08%	$1k	-	6 Month CD
0.05%	$1k	-	3 Month CD
0.05%	$1k	-	7 Day - 31 Day CD

Locations

Tri-State Bank of Memphis Locations
Tri-State Bank Of Memphis	4606 Elvis Presley Boulevard	Memphis, TN 38116

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