# TRUST CO BANK
MEMPHIS, TN · FDIC certificate 9956 · asset band <$300M · latest filing 2016-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (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 | $19.0M | |
| Deposits | $20.1M | |
| Loans and leases | $11.3M | |
| Total equity | $-1.2M | |
| Loans / deposits | 52.92% (p21 of band) | 72.92% |
| Liquid assets / assets | 16.55% (p15 of band) | |
| Uninsured deposits / deposits | 0.00% (p1 of band) | 13.88% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | -6.20% (p0 of band) | 10.70% |
| Unrealized securities loss / equity | – | 1.19% |
| AOCI / equity | – | |
| ROA (annualized) | -34.25% (p0 of band) | 0.83% |
| Net interest margin | 3.21% (p26 of band) | 3.64% |
| Efficiency ratio | 393.05% (p100 of band) | |
| Noncurrent loans | 13.39% (p100 of band) | 0.70% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 42.23% | |
| Real estate % of loans | 78% | |
| Construction % of loans | – | |
| Auto loans | $64,000 (0.57% of loans; DQ 75.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | -16.9% | |
| Employees | 59 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, expense ratio p90, reserve under noncurrent, auto book souring |  |
| 2011-06 | 3 |  | auto book souring |
| 2011-09 | 4 | auto book souring |  |
| 2011-12 | 4 | capital falling | auto book souring |
| 2012-03 | 4 |  |  |
| 2012-06 | 4 |  |  |
| 2012-09 | 10 | liquid assets <10%, leverage <7%, leverage <5%, deposits shrinking, uninsured deposits leaving |  |
| 2012-12 | 10 | assets shrinking | liquid assets <10% |
| 2013-03 | 9 |  | deposits shrinking |
| 2013-06 | 8 | charge-offs p90 | capital falling, assets shrinking |
| 2013-09 | 9 | assets shrinking |  |
| 2013-12 | 9 | capital falling | assets shrinking |
| 2014-03 | 9 | deposits shrinking, assets shrinking | uninsured deposits leaving, charge-offs p90 |
| 2014-06 | 9 | uninsured deposits leaving | capital falling |
| 2014-09 | 8 |  | reserve under noncurrent |
| 2014-12 | 9 | reserve under noncurrent |  |
| 2015-03 | 9 | noncurrent p90 | uninsured deposits leaving |
| 2015-06 | 11 | capital falling, charge-offs p90, construction >100% equity | noncurrent p90 |
| 2015-09 | 10 | noncurrent p90 | capital falling, construction >100% equity |
| 2015-12 | 11 | construction >100% equity |  |
| 2016-03 | 10 | capital falling | charge-offs p90, construction >100% equity |

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

- 2020-02-14 [Former downtown bank to be restored as an event venue, future wine bar - Chronicle Telegram](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNMHZKSlhLMHpRbjRRdkppRDhWYU5jUzFiZnZETldWS0lkQjVjR0U4aGxxNGFETnVuTWJPZ3lIdDBLVm1GQU5sdERaYndCX0NXUThwdVdLemdXVmNzcGZvajg0YnJFeUNvM094TlFiRk5Kc0p6NjBYRkpvTjd3N0QyX09raGxQNmN6Zl9CNjhIMnN1dkZYbUFiejI2SDNweXYzenRncEJGa3k?oc=5) · Chronicle Telegram
- 2013-09-12 [Mennen files $100 million suit against Wilmington Trust over investment losses - NJ.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE5FcGZ1TFR3bzB2LXByamtXS3ZsMlh2Y0h1N3NVbjN2SmZJVFNUTGpGSGRxbllOZ0ZvN1d1R0k5THhxLUphNmlDdng4VnZJenlhSlNjSmpjS2VySy1kXzR0M1BZRU8yb29BUHNMX0J1Sm9RNTVOTkNvMUNHNA?oc=5) · NJ.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9956 (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/36.json (key "9956", 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.

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