# SYCAMORE BANK
SENATOBIA, MS · FDIC certificate 11423 · asset band $300M-1B · latest filing 2022-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 4 (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 | $325.3M | |
| Deposits | $302.8M | |
| Loans and leases | $151.5M | |
| Total equity | $17.1M | |
| Loans / deposits | 49.39% (p12 of band) | 72.27% |
| Liquid assets / assets | 48.62% (p85 of band) | |
| Uninsured deposits / deposits | 24.57% (p37 of band) | 27.64% |
| Brokered deposits | 0.25% | |
| Wholesale funding | 0.49% (p33 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.40% (p2 of band) | 9.98% |
| Unrealized securities loss / equity | -60.76% (p23 of band) | -28.34% |
| AOCI / equity | -42.19% (p28 of band) | |
| ROA (annualized) | -0.26% (p2 of band) | 1.08% |
| Net interest margin | 3.14% (p36 of band) | 3.33% |
| Efficiency ratio | 110.90% (p99 of band) | |
| Noncurrent loans | 0.23% (p49 of band) | 0.24% |
| Net charge-offs (annualized) | 0.01% (p65 of band) | |
| Reserve coverage of noncurrent | 552.33% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 91.44% (p73 of band) | |
| Auto loans | $2.7M (1.79% of loans; DQ 1.07%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 8.6% | |
| Employees | 53 | |

## Flags firing in the latest filing

- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | capital falling |  |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-12 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-03 | 0 |  |  |
| 2015-06 | 3 | capital falling, charge-offs p90, uninsured deposits leaving |  |
| 2015-09 | 1 |  | capital falling, uninsured deposits leaving |
| 2015-12 | 1 | uninsured deposits leaving | charge-offs p90 |
| 2016-03 | 0 |  | uninsured deposits leaving |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | uninsured deposits leaving |  |
| 2019-03 | 0 |  | uninsured deposits leaving |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 4 | losing money, expense ratio p90 |  |

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

- 2022-06-26 [BankFirst completes merger with Sycamore bank of Senatobia - WCBI TV](https://news.google.com/rss/articles/CBMihwFBVV95cUxQMXJJdFhmTWhhc3QxM1N3NGZ0eURHbGNTU2I2ZDV1cEQzaFZ5VW92SHhVWnQ2WDRXSTZyMS0tXy1WTWcybnppNHhYbHlFUGhLSnh3ck0tSTFZUm1JRE9OMEFEVkVqRUlyZEtwUXI4bVZvWUJnUnppQTJBSXBHbVRxLURBak9iSTQ?oc=5) · WCBI TV
- 2017-02-17 [Sycamore Bank robbers caught on camera - Action News 5](https://news.google.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?oc=5) · Action News 5
- 2022-05-04 [Couple charged in March Sycamore bank robbery went on shopping spree with $100 bills: police - Shaw Local](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOM191Y2EtT3dndzBMSFV0dTE4eklJWk1HaUVMRDc1SDk3OFNPQ0F4Y21VemxUT0JFUnEyQ3lWSFY5THJNMkhqNzdVaFBEZzFXdXR6MWZOS2hrMUYzdVBXVGloWjhEMV9pY1NMaHowbktDb1FXXzk0RnNJRXJlWkhVWUZ0VmxKWkJqTnE1d3JlVktPeUl5MzE5UExNMXdVTjU2U3ZJNHo2bXpscGljbVdzaXl4OVRZeUd3aU1FTzU2cTBsTEhLUkxLNm1oSWtFaUpFSE4yYVJaS2J0WXVGZ3Uza2xlMA?oc=5) · Shaw Local
- 2017-11-15 [Sensational Senatobia: A community on the rise - Delta Business Journal](https://news.google.com/rss/articles/CBMifEFVX3lxTFBHWEl3dGs0Z0xwZGJnbU9rekQ1QXZReE5yWFZOZ093c0x6dElDaUE3eHBHSWJTcjlndWJMa2c2ZktjOG9WVHFFNG9aWkpmN0U4b0psVVg3VHktblB0T2F1RVVQS1ZMY3pUaVcwSEtRaERYTFZCOW5SYk82OUU?oc=5) · Delta Business Journal
- 2020-01-22 [Ken Purvis - DeSoto Times-Tribune](https://news.google.com/rss/articles/CBMimwFBVV95cUxPY3E0VEUtZlNVTlN3Q1QxZExfRlI0WVNWUFNqOE93U0hhWWV2UTRETnNtLV9CLUhuZHlGdUtqVkpIQVJwZzJ0MGhFV2JXZ0tPSkUybnlyYS0wb1VwTGtqQVVYcTUzVHJubUJpTTVvMV93X2REeUVFS01zazB5UV9nSkxnVWFsQkZYTWFodENiVDVXdWpaV1RwNFc5dw?oc=5) · DeSoto Times-Tribune
- 2025-07-29 [Bank of England: What will the new banknotes look like? - BBC](https://news.google.com/rss/articles/CBMiWkFVX3lxTE5va1RUcnlISzlJVEZsb284bTFHQTFZd0ExNzZtVUp2c2hTNnN1TkxoWGZOOWJHZTQtNkRUcFBwVG9HWTA3R1NaSnlGOFFJU0tmelJJb2JuRk9QZw?oc=5) · BBC
- 2017-05-16 [John (Gary) Garrett Veazey, Jr. Obituary May 16, 2017 - wellsfuneralhome.net](https://news.google.com/rss/articles/CBMiakFVX3lxTE1hX2djSEpERzJrRy1YV1FzbDl1RnlqNk5qMnI4UEMwTklLT1BVUXk2WjFGMEZFV29KMWdCT0NVREFveFR2SEdhTVFoUk5reDlZZ25EUHFkQUcwLUo5WnZMYmh4RUl4bzYyS2c?oc=5) · wellsfuneralhome.net
- 2021-07-29 [Memphis People in Business: July 29, 2021 - The Commercial Appeal](https://news.google.com/rss/articles/CBMi3AFBVV95cUxOSlkyODUwNnZuVFZCR19KakdOZmdXMnlrdDhxaVVoVUtNRGRWaU9Kb2U2TXFCQk1EdGp4ZVBHYnNhMVo4Zk9ab2J3VWp5WjdaNmtVaWRRUWU5clFMWUZRZXR1ZnZyczc3d2FaWl95RVNoWG82ejN2V3VLeFY2eDl4OXh5T1VqclZpN21pd1hoWkptVTE4b010MjhfV0U4a0RSREx5Uy12Qzh6OHZTUFM2Q0F6NC1SeUNHZXAwQzNudGdoMGRIVlBXbmdaeG5vS1NDQi16NThEX2NzOXMx?oc=5) · The Commercial Appeal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11423 (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/31.json (key "11423", 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