# INDUSTRIAL BANK
WASHINGTON, DC · FDIC certificate 14679 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. 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 | $774.2M | |
| Deposits | $607.0M | |
| Loans and leases | $415.1M | |
| Total equity | $106.9M | |
| Loans / deposits | 66.26% (p20 of band) | 82.04% |
| Liquid assets / assets | 41.18% (p84 of band) | |
| Uninsured deposits / deposits | 27.97% (p59 of band) | 25.97% |
| Brokered deposits | 1.40% | |
| Wholesale funding | 8.33% (p72 of band) | |
| FHLB advances / assets | 6.46% | |
| Tier 1 leverage | 15.23% (p90 of band) | 10.81% |
| Unrealized securities loss / equity | -17.50% (p26 of band) | -8.10% |
| AOCI / equity | -0.66% (p35 of band) | |
| ROA (annualized) | 0.01% (p3 of band) | 1.28% |
| Net interest margin | 3.90% (p49 of band) | 3.91% |
| Efficiency ratio | 83.06% (p91 of band) | |
| Noncurrent loans | 6.56% (p99 of band) | 0.43% |
| Net charge-offs (annualized) | 0.63% (p97 of band) | |
| Reserve coverage of noncurrent | 47.57% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 60.37% (p64 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -4.6% | |
| Employees | 137 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 6 | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-09 | 6 | noncurrent p90 | uninsured deposits leaving |
| 2012-12 | 6 | brokered >10%, uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2013-03 | 3 |  | expense ratio p90, noncurrent p90, uninsured deposits leaving |
| 2013-06 | 4 | noncurrent p90 |  |
| 2013-09 | 6 | capital falling, expense ratio p90 |  |
| 2013-12 | 5 |  | capital falling |
| 2014-03 | 5 |  |  |
| 2014-06 | 4 |  | expense ratio p90 |
| 2014-09 | 5 | expense ratio p90 |  |
| 2014-12 | 4 |  | expense ratio p90 |
| 2015-03 | 5 | expense ratio p90 |  |
| 2015-06 | 6 | charge-offs p90 |  |
| 2015-09 | 7 | capital falling |  |
| 2015-12 | 6 |  | capital falling |
| 2016-03 | 5 |  | charge-offs p90 |
| 2016-06 | 7 | capital falling, construction >100% equity |  |
| 2016-09 | 5 |  | capital falling, construction >100% equity |
| 2016-12 | 6 | construction >100% equity |  |
| 2017-03 | 4 |  | expense ratio p90, construction >100% equity |
| 2017-06 | 5 | expense ratio p90 |  |
| 2017-09 | 6 | capital falling |  |
| 2017-12 | 7 | charge-offs p90 |  |
| 2018-03 | 5 |  | capital falling, charge-offs p90 |
| 2018-06 | 3 |  | wholesale funding >15%, brokered >10% |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | capital falling |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 3 |  | capital falling |
| 2019-12 | 2 |  | expense ratio p90 |
| 2020-03 | 5 | capital falling, losing money, expense ratio p90 |  |
| 2020-06 | 3 |  | losing money, expense ratio p90 |
| 2020-09 | 5 | leverage <7%, expense ratio p90 |  |
| 2020-12 | 2 |  | capital falling, leverage <7%, expense ratio p90 |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | expense ratio p90 |  |
| 2022-03 | 4 | capital falling |  |
| 2022-06 | 3 |  | capital falling |
| 2022-09 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 6 | capital falling |  |
| 2023-03 | 4 | losing money | expense ratio p90, AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 4 | securities losses >30% of equity, charge-offs p90 | capital falling, losing money |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | securities losses >30% of equity |
| 2024-03 | 5 | losing money, expense ratio p90 |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 5 | capital falling | losing money |
| 2024-12 | 4 |  | charge-offs p90 |
| 2025-03 | 6 | losing money, charge-offs p90 |  |
| 2025-06 | 5 |  | capital falling |
| 2025-09 | 4 |  | charge-offs p90 |
| 2025-12 | 5 | deposits shrinking |  |
| 2026-03 | 5 | charge-offs p90 | losing money |
| 2026-06 | 4 |  | deposits shrinking |

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

- 2026-05-27 [Spotlight on Industrial Bank - HillRag](https://news.google.com/rss/articles/CBMickFVX3lxTE81RW5MaTJzZjJGWjFJSDNQWnphdEVtRmJGQ3lVTDJnQ09pXzkzUnBZMV9abzhFaHR3MUhINmZGLWgyZXZEYXN2VE1kcDdCbTdmaERudGc3cGZMVmlsYzZKSmlRbjhVeXhoUV9lMzZXMXM0QQ?oc=5) · HillRag
- 2026-02-16 [Industrial Bank to Advance Communities with $75 Million in New Market Tax Credits - The Washington Informer](https://news.google.com/rss/articles/CBMicEFVX3lxTE83bEJ0TlRVc3p0QVMyeEVqZjlWUHR3SVVkTTRKX0hZa1BPNGJJQXNyR2M5ODJtMWN0dENKU0I0YllFMGRhTmRmbUVZNWppUktDSHFRTENOUWctdUhHZ1FXNDduQ183TUtpTDI3NEVTajk?oc=5) · The Washington Informer
- 2019-11-08 [DC minority-owned Industrial Bank picks up NJ, NY branches - WTOP News](https://news.google.com/rss/articles/CBMisgFBVV95cUxNbU5FckZwY19HeEtBX1paWHItNWFBOFU5NkZTVWxWTUNIbnNfX0lnQnRzbDU1d0s1RnBhY1p5WFc4Y2lLT1dFbWJjMjZPYmxnLURtcHZ5NXoyTEpBNGVoVGdaMkpuX21VdkozZXpZOUo5RWZlbE85Y3E1WXpINU1LS00ySk5jQzNrQk1jZDd0TThNbzZmSTdjeU5kOGhYUW1LSklVSHRxNmQzOWJneEd2SlpB?oc=5) · WTOP News
- 2025-02-28 [Failed Bank Information for City National Bank of New Jersey, Newark, NJ - Federal Deposit Insurance Corporation (FDIC) (.gov)](https://news.google.com/rss/articles/CBMikAFBVV95cUxQWGFidU5LcG1CWS1SbG1LeDNrMmZydUJmWlUtVnA3UE0wZVY4S3J4OFFSb0ZDbjhvNVEwTE5xMG5oUW5ZYUFvbHRiNUxyQ1FkME5kbWNZamx6Nm1lMDQ5Z0RabEdaWmJpQTRrOWRVd1JNQXZINnZHbWRFbG1qR3VmZmlKVFNsRWRJaFBXcERDTzk?oc=5) · Federal Deposit Insurance Corporation (FDIC) (.gov)
- 2026-02-27 [Edward Jones gets green light to launch industrial bank - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxOWXBPWFdyR0FrMHpoWHZEUGRPZkdWLWJ1UXJOMl8yTWFXdTdCZzUzTWFJWU9TUmh1Z0REQnhFVzRDdTlJc3V5aG9GRWh6cG5HMi1XRDNjVjZYSWNVdEVwM0E3UzBLMWVjR1FVbWxpZDYtSklZZXdHTnZFcng2dXNpd3lfeUJuN2d2TkctQVlKWWtuY2NSVUE?oc=5) · American Banker
- 2019-08-20 [Industrial Bank Celebrates its 85th Anniversary - PR Newswire](https://news.google.com/rss/articles/CBMipgFBVV95cUxOaENiMk5TU3oydmlrbWRQUjFwM0Z0dnkyenZLN1p0U0YwSlJQeGkzY1p4NHRkQWoteUMtbXNRVnZ3anRPYXY2eWJQcHNvRWs2ZWlQR0ZGUDloVEpZSEN4THhKS0Y1UjRoemxYaExGc00xZnFNQk9GbUtEUi1scWtDWVU0NVZNOU1uUEtoUWRnTXFVd0ktNm1iZHgzMHF6TzJhcXZmMjNB?oc=5) · PR Newswire
- 2021-05-24 [Wells Fargo Completes Investments in 13 Black-Owned Banks, Fulfilling $50 Million Pledge Made in 2020 - newsroom.wf.com](https://news.google.com/rss/articles/CBMi_AFBVV95cUxQWkplX3hETm5oemxERHJYS2sta3dlcGNiMTJJRDJXTDdET3UzMk56RzVJcFBKZlh0cGtydnhSU3BVa3NnSF90bEl2Q01sQlJSeVFDaUhwRVFZcEoweFVGU1NMUDJHckM4T3NnaG9JMDJDdzk2dllsRnlkT2QzMVM5eGV4UWE0T2hlcnp5WHNUVG4tRFJQdUZwUGJrTGZXbWlyMml5N0ttdUFVY1FmckdtMF9iRjRBTTRzNkRGd3lhV2RVclBlZ2JHVjBjcDF5OWY2dzRnUjRpdF9qZ0RZRU5EUFhrYWVacEhvckVuZU9UQjJ2MFdteXA0RDlVNU0?oc=5) · newsroom.wf.com
- 2022-11-22 [D.C's Industrial Bank builds on government investment to boost lending, drive growth - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxPOWdFMUNaRjBwYkxKVXcwUEVXUmcwZjM3dUstR25tSnA0d3Y4T0ZpdTYxeG82S2F3MTJ1T1NaUGI2cTFDQlU2TFc0bW16VjEzVkNEM2F5c091WEYweGVYcDJSWC1JNURwdWFMTGJ3eTBDT19RSFNmaGtlMUlRbFVoMG1YcDRpQ2hHOURJMG1nQXd3UEoyQTdBVGJ0Zk9zaFVRU1Q0?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14679 (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/23.json (key "14679", 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