Tri-State Bank of Memphis in Memphis, Tennessee (TN)



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Tri-State Bank of Memphis routing number info

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Tri-State Bank of Memphis
GeneralFDIC Certificate #: 16511
Status: Active
Federal Reserve ID: 515054
Date Established: December 16, 1946
WWW: http://www.tristatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 10666
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: December 16, 1946
Last Structure Change Effective Date: December 12, 2007
Last Structure Change Process Date: December 12, 2007
Last Data Update: December 12, 2007
Data Source Date: April 05, 2012
LocationAddress: 180 South Main Street At Beale, Memphis, TN 38101
County: Shelby
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
Financial SummaryTotal assets: $125.7 mil
Equity capital: $17.0 mil
Deposits held in domestic offices: $103.8 mil
Return on assets (ROA): -0.50% (-$0.6 mil)
Quarterly return on assets: -0.57% (-$0.7 mil)
Return on Equity (ROE): -3.58% (-$0.6 mil)
Quarterly return on equity: -4.25% (-$0.7 mil)
Net income: -$0.6 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: -1.24% (-$1,558.2 mil)
Quarterly Pretax return on assets: -3.47% (-$4,360.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)53
Total assets$125,663
Cash and due from depository institutions$6,822
Interest-bearing balances$1,099
Securities$30,255
Federal funds sold & reverse repurchase agreements$500
Net loans & leases$78,945
Loan loss allowance $1,515
Trading account assets$0
Bank premises and fixed assets$1,566
Other real estate owned$847
Goodwill and other intangibles$0
All other assets$6,728
Life insurance assets$125,663
Total liabilities and capital$108,655
Total liabilities$103,770
Total deposits$86,498
Interest-bearing deposits$103,770
Deposits held in domestic offices$70
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,000
Other borrowed funds $0
Subordinated debt $885
All other liabilities $17,008
Total equity capital$17,008
Total bank equity capital$17,008
Perpetual preferred stock$3,109
Common stock$1,101
Surplus$2,202
Undivided profits $10,596
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $12,089
Earning assets $0
Long-term assets (5+ years) $651
Average Assets, year-to-date $110,799
Average Assets, quarterly $45,613
Volatile liabilities $125,559
Insider loans $128,303
FHLB advances $92,559
Loans and leases held for sale $128,622
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $16,479
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $6,913
Derivatives$2,463
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,586
Total interest expense $489
Net interest income $5,097
Provision for loan and lease losses $2,154
Total noninterest income $1,602
Fiduciary activities $0
Service charges on deposit accounts $807
Trading account gains & fees $0
Additional noninterest income $795
Total noninterest expense $6,104
Salaries and employee benefits $2,900
Premises and equipment expense $470
Additional noninterest expense $2,734
Pre-tax net operating income -$1,559
Securities gains (losses) $2
Applicable income taxes -$933
Income before extraordinary items -$624
Extraordinary gains - net $0
Net income attributable to bank -$624
Net charge-offs $0
Cash dividends -$624
Sale, conversion, retirement of capital stock, net $2,539
Net operating income $56
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.03%
Cost of funding earning assets 0.44%
Net interest margin 4.59%
Noninterest income to earning assets 1.44%
Noninterest expense to earning assets 5.50%
Net operating income to assets -0.50%
Return on assets (ROA) -0.50%
Pretax return on assets -1.24%
Return on equity (ROE) -3.58%
Retained earnings to average equity (YTD only) -3.90%
Net charge-offs to loans 3.05%
Credit loss provision to net charge-offs 84.84%
Efficiency ratio0.23%
Assets per employee$91,118
Cash dividends to net income (YTD only)2.37%
Condition Ratios (%)
Loss allowance to loans -8.97%
Loss allowance to noncurrent loans 1.88%
Noncurrent assets plus other real estate owned to assets 12.53%
Noncurrent loans to loans 10.29%
Net loans and leases to deposits15.02%
Net loans and leases to core deposits 76.08%
Equity capital to assets 105.00%
Core capital (leverage) ratio 13.53%
Tier 1 risk-based capital ratio 12.81%
Total risk-based capital ratio 17.80%
Memoranda
Average assets$19
Average earning assets$125,559
Average equity $17,420
Average loans $111,051
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Total Fiduciary and Related Assets (December 31, 2004)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$4,501
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts677
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,501
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010666Tri-State Bank Of Memphis180 South Main Street At Beale, Memphis, TN 38101December 16, 1946Full Service Brick and Mortar
1238230South Memphis Branch2240 Elvis Presley Boulevard, Memphis, TN 38106May 17, 1965Full Service Brick and Mortar
3238232Lamar-Airways Branch2267 Lamar Avenue, Memphis, TN 38114Febuary 05, 1990Full Service Brick and Mortar
4238233Whitehaven Branch4606 Elvis Presley Boulevard, Memphis, TN 38116June 27, 1994Full Service Brick and Mortar
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