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Editorial Results (free)
1. Fed Official: Memphis Area Banks ‘Performed Well’ in Third Quarter
- Friday, November 17, 2017
News is more positive that not these days for Memphis-based banks, according to a newly released report from the Federal Reserve Bank of St. Louis.
2. Last Word: Who Needs To Be Watched, Hopdoddy and Fresh Fed Numbers
- Tuesday, March 7, 2017
Three Memphis City Council members on Behind The Headlines had quite a bit to say about protesters and lists and police surveillance. Council chairman Berlin Boyd and council members Kemp Conrad and Worth Morgan all say the surveillance question, which is the central issue now that the City Hall list has been pared significantly, is complex because of public postings and protests in public places.
3. Fed: Memphis Banks Continue to Improve
- Tuesday, March 7, 2017
Having shaken off most of the losses and other problems related to the housing crisis, new figures from the Federal Reserve Bank of St. Louis show Memphis-area banks on the whole are getting bigger and have balance sheets that keep looking stronger.
4. Big Memphis Banks Getting Bigger
- Thursday, May 26, 2016
The biggest banks based in Memphis keep getting bigger. New figures from the Federal Reserve Bank of St. Louis through the first quarter show broad-based improvement among banks in the Memphis-area market, from growth in net income to loans to total asset size.
5. Memphis Banks Report Modest First Quarter
- Saturday, June 6, 2015
Absent a few individual challenges, Memphis-area banks as a collective gave off encouraging signs about their health and outlook in the first quarter, according to Federal Reserve figures.
Some of the most important metrics, like profitability, always come with a reminder by regulators that any change in performance at First Tennessee Bank, Memphis’ largest bank, can overshadow results at the rest of its smaller peer institutions. That was certainly true in the first quarter, when First Tennessee’s parent company took a loss, driven by a mortgage-related legal settlement, which resulted in the bank showing almost $65 million worth of red ink for the quarter.
6. Memphis Banks Show Broad Improvement
- Wednesday, August 21, 2013
Banking in Memphis is in the midst of a rebound, judging by the latest numbers from the Federal Reserve Bank of St. Louis.
7. Fed Data: Local Market is Unbalanced
- Monday, May 23, 2011
In a big-picture sense, the Memphis-area banking market is seeing improvement in the levels of cash banks have set aside to cover bad loans. It’s collectively seeing stronger net income and other signs of growth.
8. Magna Bank Positions for Solid 2011 Despite ’10 Loss
- Monday, March 21, 2011
Memphis’ third-largest locally based financial institution closed the books on 2010 by reporting a loss but also touting investments made across the board in the bank as well as hinting at an expansion of its branch network.
9. Most Memphis Banks Report Profitable Year
- Tuesday, March 8, 2011
The Memphis banking market had a strong 2010, with 75 percent of the roughly two dozen banks headquartered here showing a profit for the year, according to data from the Federal Reserve Bank of St. Louis.
10. Most Local Banks on Right Track, Fed Shows
- Monday, November 22, 2010
Most Memphis-based banks are back in the black and are meeting at least the minimum standard to be considered adequately capitalized, according to preliminary third quarter data from the Federal Reserve Bank of St. Louis.