# SIGNATURE BANK
BAD AXE, MI · FDIC certificate 10936 · asset band <$300M · latest filing 2014-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $230.2M | |
| Deposits | $201.8M | |
| Loans and leases | $173.8M | |
| Total equity | $22.4M | |
| Loans / deposits | 84.24% (p73 of band) | 71.50% |
| Liquid assets / assets | 20.32% (p20 of band) | |
| Uninsured deposits / deposits | 11.25% (p41 of band) | 13.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.17% (p51 of band) | |
| FHLB advances / assets | 2.17% | |
| Tier 1 leverage | 9.72% (p36 of band) | 10.45% |
| Unrealized securities loss / equity | -0.79% (p16 of band) | 0.49% |
| AOCI / equity | 1.00% (p44 of band) | |
| ROA (annualized) | 0.46% (p26 of band) | 0.81% |
| Net interest margin | 4.20% (p78 of band) | 3.66% |
| Efficiency ratio | 89.15% (p83 of band) | |
| Noncurrent loans | 3.17% (p88 of band) | 0.76% |
| Net charge-offs (annualized) | 0.29% (p86 of band) | |
| Reserve coverage of noncurrent | 70.19% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 16.64% (p51 of band) | |
| Auto loans | $844,000 (0.49% of loans; DQ 0.24%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.1% | |
| Employees | 90 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 2 |  | charge-offs p90 |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | losing money |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 4 | capital falling, expense ratio p90, noncurrent p90 |  |
| 2014-06 | 2 | charge-offs p90 | capital falling, expense ratio p90, noncurrent p90 |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | charge-offs p90 |

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

- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2023-03-19 [FDIC sells most of failed Signature Bank to Flagstar - CNN](https://news.google.com/rss/articles/CBMijgFBVV95cUxNMi1TTENzVE1JSjZaRFY1M3B2eGNtYmZvQlM2enRYT2RVRWMta2pwN2k1Vi1rTmxhVkwyd3Z5MW53RUlLdkZRSmxNN3piU0l4OUtmU08wQWNOTWRKTFJTdE9DaXNGZkRLWDJGT0YyRUt2dVVJcVJpYy0yR3N3bEJVdGVES0lXWndSb2xhVUNn?oc=5) · CNN
- 2026-03-30 [Flagstar Bank: Bad Loans Still Keep Me Sidelined (NYSE:FLG) - Seeking Alpha](https://news.google.com/rss/articles/CBMikgFBVV95cUxOZDNEWU8wRERCbmlzc0VDOGFPQmc4YXVuRlM2eVg0SDRDbVdiNkZETEp6dlJvMGthLVhGSVlQcjZBS1lEbVlLLWVqZFoxcThGM1FOQVcyLXNUYkJXRGw2X0E0TUZ2aVZKOFpwT2Z3RUI2Vk1QX2RZbTlDYk1oQWpaNlZPdW1seHR5ampGVlNpRXpoUQ?oc=5) · Seeking Alpha
- 2026-08-10 [Flagstar Layoffs - Oma Erto](https://news.google.com/rss/articles/CBMiV0FVX3lxTE5JejBpVHJaUC1qLUt3NjVOT0JrWFpBV0tlcGo2V0VGUndGLVcxS1Jiak4wUjgxVGdBOXl0UTBLanNabnJnZU03TC13Rng4WXIxbUZMQ01sRQ?oc=5) · Oma Erto
- 2026-05-01 [These Are the 9 Worst Banks in America According to Their Customers - thepennyhoarder.com](https://news.google.com/rss/articles/CBMiakFVX3lxTE85czh2LXZDa1VNNlNMaXk4cDJHekQ1NWpndFpTRzVqalEtbDhROHc1LXcwVmJ3LU1zaGxoUC1CSTd0UGpZMXJ4OGtQMlk2TzdJRXlWRzkzYzZHOGdDV0d5RDhSTHl1RXFWdVE?oc=5) · thepennyhoarder.com
- 2026-01-30 [Flagstar Returns To Profitability After Shedding Billions In Multifamily, CRE Loans - Bisnow](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPSF9acF9BbGo1NEV4bUxWSHBxLW1Vay1sT1RRX3RoVW5nMjlfankzQTVoZVJaYTVPbkwwejNCTFlwN24wcE1PVkhxa09MTlViZkNxNGFrSzNpWDUxVFp5WFpWUml0aUFUQUhYV2gzNXBPLXdfcG9lOWFSeHBrR25TNk5vczdiLUNBSG9tWm8tSDZtd0o0eHRHUklweEFqelZCdVBjc1RDSVNQVk05N2ZrZDNTYU9iNlJfNmpfejdjNklPZW8?oc=5) · Bisnow
- 2023-03-15 [Signature Bank’s demise: Contagion or a problem with the business? - AP News](https://news.google.com/rss/articles/CBMilwFBVV95cUxPMFBLQzJPczRxMnpaZWsycTRuUG9fTGpBd0NtWHY3QWhlbVdaR1FVUWdXM2ZTTDREYjdaaGdrM1BNMExoTWt2QnNEQ1BCRHlLRE5oWURQem1URVJ6eUtueXZKVWZLT1FKUXdtTlNBRXFnV045Rm1fb3FfdmpFTExlVTdONkotenZkQmxfWWMteUYxdFNTaWdn?oc=5) · AP News
- 2026-03-23 [US Fed blocks Oaknorth US deal pending UK restructuring - FStech](https://news.google.com/rss/articles/CBMikgFBVV95cUxNWmMwQm9vY3FIUXNCQTh6X0xBbzlaSWdTVUFSenZHd2cxMlM1SUVwQmtMV3l0RC1mbFZUd3JSY3FDYU5FcGJpeTNpM3BOb0RCNDh4SWEzQlpLNkFKNVJHR1hfMFNBZzYtQ3RmU0c5R1FyYllyQlBVLWNFcFNUNnA5VTdqSkY2a2ktWUt5Qjl2UHNHdw?oc=5) · FStech

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10936 (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/56.json (key "10936", 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