First Bank&Trust of Memphis
Memphis, Texas · FDIC Cert #3335
First Bank&Trust of Memphis is an FDIC-insured bank (Certificate #3335) with $72M in total assets and $58M in total deposits as of the Q2 2024 Call Report. Headquartered in Memphis, Texas, the bank maintains a Tier 1 capital ratio of 17.97% (Well-Capitalized) and a nonperforming loan ratio of 1.98%. BankHealthData assigns a composite Health Grade of A (88/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Bank&Trust of Memphis (FDIC cert 3335) is a community bank — $72M in total assets, $58M in deposits, serving the Memphis, Texas area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 17.97% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.98% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is comfortable: 31.3% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is strong: return on assets of 2.22% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. First Bank&Trust of Memphis carries a composite BankHealth grade of A (88/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: First Bank&Trust of Memphis
- Total Assets
- $72M
- Total Deposits
- $58M
- Tier 1 Capital Ratio
- 17.97%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.98%
- Liquidity Ratio
- 31.32%
- Return on Assets
- 2.22%
- Headquarters
- Memphis, Texas
- FDIC Certificate
- #3335
- Health Grade
- A (88/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Bank&Trust of Memphis holds a Tier 1 capital ratio of 17.97%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Bank&Trust of Memphis has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Bank&Trust of Memphis shows strong financial health indicators. With $72M in assets and a Health Score of 88/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How First Bank&Trust of Memphis Compares
First Bank&Trust of Memphis’s Health Score of 88 is 14 points above the Texas state average of 74 across 321 FDIC-insured banks. Its 17.97% Tier 1 capital ratio is 4.0 points above the US banking industry average near 14%. The 1.98% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.22% is in line with or above the national ROA benchmark of ~1.1%. Among 825 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, First Bank&Trust of Memphis is 18 points above the portfolio average of 70.
Frequently Asked Questions
First Bank&Trust of Memphis has a Bank Health Score of A (88/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 17.97%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. First Bank&Trust of Memphis's Tier 1 capital ratio of 17.97% and nonperforming loan ratio of 1.98% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at First Bank&Trust of Memphis is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #3335). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
First Bank&Trust of Memphis holds $72M in total assets and $58M in total deposits. It is headquartered in Memphis, Texas (FDIC Certificate #3335).
First Bank&Trust of Memphis has a Tier 1 capital ratio of 17.97%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.98%, and the return on assets is 2.22%.
Yes. First Bank&Trust of Memphis is FDIC-insured (Certificate #3335). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Bank&Trust of Memphis's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.