Trust Company Bank
Memphis, TN · Owner: Heritage Bcorp Inc
$19.0M
total assets, March 31, 2016
$19.0M
total assets, March 31, 2016
Trust Company Bank was a state nonmember bank in Memphis, TN, owned by Heritage Bcorp Inc. It failed on Apr 29, 2016, and The Bank Of Fayette County took over its deposits. At its last report it held $19.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2016
This bank failed
- Failed on
- Apr 29, 2016
- Assets
- $19.0M
- Deposits
- $20.1M
- Estimated cost
- $10.4M
- Deposits went to
- The Bank Of Fayette County, Piperton, TN
Total assets
$19.0M
-30.6% in a year · -8.3% in a quarter
Deposits
$20.1M
-16.9% in a year · -0.7% in a quarter
Loans
$11.3M
-37.1% in a year · -2.8% in a quarter
Profit so far
-$1.7M
Jan 1 to Mar 31, 2016
Capital ratio
-6.20%
-8.32 pts in a year
Return on assets
-34.25%
-27.62 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 766 South White Station Road, Memphis, TN, 38117
- County
- Shelby
- Holding company
- Heritage Bcorp Inc
- Established
- Jan 1, 1902
- Failed
- Apr 29, 2016
- Employees
- 59
- Branches
- 4
- Id
- b9956
Quarter by quarter
March 31, 1984 to March 31, 2016
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Trust Company Bank?
$19.0 million in total assets and $20.1 million in deposits as of March 31, 2016, with assets down 30.6% from a year before. Its loans were $11.3 million.
How many branches does Trust Company Bank have?
4 branches in Tennessee as of June 30, 2026.
Is Trust Company Bank profitable?
No: it lost $1.70 million from January 1 to March 31, 2016. Its return on assets was -34.25% a year; about 1% is typical.
Who owns Trust Company Bank?
Trust Company Bank is owned by Heritage Bcorp Inc, its holding company.
When did Trust Company Bank fail?
Apr 29, 2016. The Bank Of Fayette County of Piperton, TN took over its deposits. The estimated cost of the failure was $10.4 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.