# TRI-STATE BANK OF MEMPHIS
MEMPHIS, TN · FDIC certificate 16511 · asset band <$300M · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $110.1M | |
| Deposits | $99.4M | |
| Loans and leases | $49.1M | |
| Total equity | $9.0M | |
| Loans / deposits | 47.63% (p24 of band) | 63.26% |
| Liquid assets / assets | 51.82% (p71 of band) | |
| Uninsured deposits / deposits | 23.78% (p68 of band) | 18.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 5.99% (p1 of band) | 10.61% |
| Unrealized securities loss / equity | -1.13% (p11 of band) | 0.71% |
| AOCI / equity | -1.42% (p40 of band) | |
| ROA (annualized) | -1.43% (p1 of band) | 1.03% |
| Net interest margin | 2.95% (p33 of band) | 3.29% |
| Efficiency ratio | 130.95% (p98 of band) | |
| Noncurrent loans | 1.88% (p87 of band) | 0.32% |
| Net charge-offs (annualized) | -0.05% (p7 of band) | |
| Reserve coverage of noncurrent | 192.73% | |
| Real estate % of loans | 67% | |
| Construction % of loans | 5.37% (p33 of band) | |
| Auto loans | $455,000 (0.93% of loans; DQ 1.98%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 10.1% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 4 | capital falling, losing money |  |
| 2011-12 | 5 | charge-offs p90 |  |
| 2012-03 | 5 | expense ratio p90 | charge-offs p90 |
| 2012-06 | 5 |  |  |
| 2012-09 | 6 | assets shrinking, uninsured deposits leaving | capital falling |
| 2012-12 | 5 | brokered >10% | assets shrinking, uninsured deposits leaving |
| 2013-03 | 6 | capital falling, charge-offs p90 | brokered >10% |
| 2013-06 | 7 | brokered >10%, wholesale funding >15% | charge-offs p90 |
| 2013-09 | 7 |  |  |
| 2013-12 | 6 |  | capital falling |
| 2014-03 | 9 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-06 | 10 | charge-offs p90 |  |
| 2014-09 | 9 |  | wholesale funding >15% |
| 2014-12 | 8 |  | brokered >10% |
| 2015-03 | 6 |  | losing money, expense ratio p90 |
| 2015-06 | 7 | expense ratio p90 |  |
| 2015-09 | 6 | losing money | deposits shrinking, assets shrinking |
| 2015-12 | 6 | deposits shrinking, assets shrinking | expense ratio p90, losing money |
| 2016-03 | 6 | losing money, expense ratio p90 | uninsured deposits leaving, charge-offs p90 |
| 2016-06 | 5 | charge-offs p90 | losing money, expense ratio p90 |
| 2016-09 | 7 | losing money, uninsured deposits leaving |  |
| 2016-12 | 8 | expense ratio p90 |  |
| 2017-03 | 6 |  | losing money, uninsured deposits leaving |
| 2017-06 | 7 | losing money, uninsured deposits leaving | charge-offs p90 |
| 2017-09 | 7 |  |  |
| 2017-12 | 6 | charge-offs p90 | noncurrent p90, uninsured deposits leaving |
| 2018-03 | 2 |  | deposits shrinking, assets shrinking, expense ratio p90, losing money |
| 2018-06 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2018-09 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | capital falling, expense ratio p90 | noncurrent p90 |
| 2019-06 | 4 | noncurrent p90 |  |
| 2019-09 | 1 |  | reserve under noncurrent, capital falling, noncurrent p90 |
| 2019-12 | 0 |  | expense ratio p90 |
| 2020-03 | 3 | losing money, expense ratio p90, uninsured deposits leaving |  |
| 2020-06 | 4 | capital falling, charge-offs p90 | uninsured deposits leaving |
| 2020-09 | 3 |  | charge-offs p90 |
| 2020-12 | 4 | charge-offs p90 |  |
| 2021-03 | 3 |  | charge-offs p90 |
| 2021-06 | 0 |  | losing money, expense ratio p90, capital falling |
| 2021-09 | 3 | leverage <7%, losing money, expense ratio p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-06-08 [Tri-State Bank of Memphis to be acquired by Liberty Bank & Trust of New Orleans - Action News 5](https://news.google.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?oc=5) · Action News 5
- 2021-10-07 [After being acquired, Tri-State Bank becomes part of largest Black-owned bank in US - The Commercial Appeal](https://news.google.com/rss/articles/CBMitwFBVV95cUxPRmIzVHZQLVNON256eEo1Y1RwMEJ5V2tnNDFINC1rQk1jYkJhN3dfQkpQS09JbDF0NmZYLV9FRzJwYng2SWNSUHByN09mU1ctZk9hN2FVWDU2WUNMQVJ3Q1Z5RzhhVUZOYkNJemM1WkpMT0JEbVd5VGkwYjdPX2RZcGRyekl2MnpGMVFIZFFpd3BfRWh3a0lfOU1iT0dRYk5sZkp5UzBmQUF3eC1MNEE0MFpfd1hfTFU?oc=5) · The Commercial Appeal
- 2021-06-04 [Liberty Bank acquires minority-owned Tri-State Bank of Memphis - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2021-08-30 [Liberty Bank Acquires Tri-State Bank of Memphis, Making It Nearly A $1 Billion Black-Owned Bank - Black Enterprise](https://news.google.com/rss/articles/CBMixAFBVV95cUxQWUFYM3AzRDFpM1VPOVNacWJNLVZxUUEzbDNKSFY3U1J3dGdXNjZhT3A5X1daZW1uYms0Tjc5S0VhNkpoREV5TXdUUk54Ty16d1V5dG1VdEVPczdHc2d6REQtemtlLS1QUWlIYVVKang1UWlTUmxVV1Fpd3VtUmRsazlCMkdzbjhvVWlyV3B0UFJVX3lHSFdNbDg1akdmZ0d0SVlNYngwc1dOc2Q3dVc2c2JPLXBpS0F0Qk16NVl5MkhZWlRL?oc=5) · Black Enterprise
- 2022-03-27 [Jesse H. Turner Jr. (1950- ) - BlackPast.org](https://news.google.com/rss/articles/CBMiekFVX3lxTFAyUkUyMFVPQkRHQzZqUG5FeHV5T2NhNHJlZm1MNTRoOHkwelRtVUs1dzdVRzYyVE1pU0FVa01CcXlzandnSHJfWEJuRFNYZDNybTZwVm9teUs1MUFsY01fMW5IbDFhNmRKNzFoeXVQWkN6ODBsN2VfVzZR?oc=5) · BlackPast.org
- 2021-08-25 [Germantown-based First Capital Bank to be acquired by Planters Bank & Trust Co. - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOd3ViMDVlRnNZZkJ2RkU1ODlKRkVFcmdsamVPTFplUWQzalFzM3BIOFZJcnFseHZOYlRCQ0ZkNGZXeUZUS0tNSEhraElvVENNNHhiOGJkMmZqb3ZvREUtejdjWTJlZ3JuaVd0ZmxGaDBaZUM3NTUxSzdFUGF6cV9qVjFwR2ljNWRxNkZHU2ZsNFIzVWxOUTl2VVpma0NHYUlTZThDb1J0UnprQ00?oc=5) · The Business Journals
- 2018-06-28 [Gathering in Memphis in Honor of Jesse H. Turner, Jr. - The Tennessee Tribune](https://news.google.com/rss/articles/CBMifkFVX3lxTFBtVHdJcXpHWGxkSk9RZi1uYUN5eGpydHBHTHkyWmxfRjNNbVpmSnhMRlREQzBfenBuX2hCSVY1MjFOV2tNcmpUY3VOYzVXZlFKdjBpeG0teWVWT2ZJS192SGpzUGwySmhDOG9vNHVsT3pxZ3YzUlVXcHJMM3Jzdw?oc=5) · The Tennessee Tribune
- 2015-11-25 [Carver State Bank Hosts National Bankers - The Savannah Tribune](https://news.google.com/rss/articles/CBMiigFBVV95cUxOYkY0WV9qamdhNWhweTE2WWl1X2RZdHdMbzh2Snp0VVVZTEpvQkR1dDQ4N0JhODhWWl9tR3A5RUxYRWFoUUlYV09zOXF2X1ZQWEhqNW9fdGJyT0RENDJ1UVJEX0VHTEtxUVJuQm5NMllUQ2wxaE1jNzJ1T0VndzY3TzBBRkh2eTF2d1E?oc=5) · The Savannah Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16511 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "16511", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide