Magna Bank, Financial Information

About Magna Bank

 Address:
6525 Quail Hollow Road
Memphis, TN
Shelby County, Tennessee
 Established:
Jan 1999
 Number of domestic offices:
5
Total assets$494M
Net income$3M
Net income, quarterly$0M
Total deposits$361M
Domestic deposits$361M
Equity capital$63M
ROA0.66%
ROAQ, quarterly0.39%
ROA, pretax0.39%
ROAQ, quarterly, pretax0.57%
ROE4.93%
ROEQ, quarterly3.03%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.