# BANK OF MADISON
MADISON, GA · FDIC certificate 148 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. 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 | $448.1M | |
| Deposits | $398.1M | |
| Loans and leases | $326.6M | |
| Total equity | $46.4M | |
| Loans / deposits | 80.87% (p47 of band) | 82.04% |
| Liquid assets / assets | 26.65% (p55 of band) | |
| Uninsured deposits / deposits | 29.25% (p63 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.59% (p64 of band) | 10.81% |
| Unrealized securities loss / equity | -17.13% (p27 of band) | -8.10% |
| AOCI / equity | -0.74% (p32 of band) | |
| ROA (annualized) | 1.88% (p83 of band) | 1.28% |
| Net interest margin | 4.50% (p83 of band) | 3.91% |
| Efficiency ratio | 46.52% (p12 of band) | |
| Noncurrent loans | 0.02% (p13 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p36 of band) | |
| Reserve coverage of noncurrent | 8101.72% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 160.14% (p98 of band) | |
| Auto loans | $354,000 (0.11% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.8% | |
| Employees | 69 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | brokered >10%, wholesale funding >15%, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 |  | charge-offs p90 |
| 2011-09 | 5 | charge-offs p90 |  |
| 2011-12 | 3 |  | brokered >10%, wholesale funding >15% |
| 2012-03 | 4 | capital falling |  |
| 2012-06 | 2 |  | noncurrent p90, capital falling |
| 2012-09 | 4 | deposits shrinking, assets shrinking |  |
| 2012-12 | 3 |  | assets shrinking |
| 2013-03 | 1 |  | charge-offs p90, deposits shrinking |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 | noncurrent p90 | assets shrinking |
| 2015-03 | 2 | capital falling | deposits shrinking, uninsured deposits leaving, noncurrent p90 |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 1 |  | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | noncurrent p90 |  |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 0 |  | reserve under noncurrent, noncurrent p90 |
| 2018-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2018-06 | 3 | construction >100% equity |  |
| 2018-09 | 2 |  | charge-offs p90 |
| 2018-12 | 1 |  | reserve under noncurrent |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | reserve under noncurrent |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | reserve under noncurrent |
| 2020-03 | 2 | capital falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 4 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 3 |  | capital falling |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | securities losses >30% of equity |
| 2024-12 | 2 | securities losses >30% of equity |  |
| 2025-03 | 1 |  | securities losses >30% of equity |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2026-06-09 [Madison Police search for man who attempted bank robbery - Morgan County Citizen](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNWklMOV9jNjlPN3o4N19qZXE5dGhaWXFqaVFIVXdxdWRDc1FmcTZycXVfbGdGNWZ6Um1Uem9MWVFETUVsSUx0VDVwTXNpOFFYeE1pVjQ1VlpjcnRSWUVLdEVuOGhNeWl6WmJxVUFPektONEhpOXp4a25GYmpLckltc3A0N0xTNkF0MXpld3RwMzRaaVVRc3Y2VFZMaWZNYjJOaU4wdW9pd2p1dGZOVDlPdkFfYWRfMEVpZGJTVDYzUnZXT3RmcVZKUzFEclNYRXJfNHBWMzNYS01zaEZTYm9TNQ?oc=5) · Morgan County Citizen
- 2026-06-10 [Madison Police still searching for suspects who attempted to rob bank - Morgan County Citizen](https://news.google.com/rss/articles/CBMi8gFBVV95cUxOMmJ0dTE4Zmttd1VydFJOdWw4RkEydTlhUEhfRkdjQnc1dE82WGJiOVF2LU04bm5SdV9uMERQcHFZeC1Ec2lYWmNqUzFfNEQ3TkdzX1hCVFEyM0wzaGFZbTVuLVg4NE9SNGFsd2hvSE1zSzZGNE9DSy1xNDJpMElJQTFUbWoyZ1VfTlpxQ0ZKd1ZnQzllcVhNS2dpSXZ3bkx3M0FaT0g1TG1yTXRXWElyWHBuQlE2blAtMWJlRUpUeS1lRkdMUmpya3YyUEFMTVVuTDlGUjZRYWF2d3ZVUXdGX203aTd4STJCdEhrSlNXQkljUQ?oc=5) · Morgan County Citizen
- 2025-09-15 [Elaine Miller Allen Obituary Sep 15, 2025 - Lord & Stephens Funeral Homes](https://news.google.com/rss/articles/CBMib0FVX3lxTE5NeEw2WnhTcjRkaGNjMWlSNWxUdThiUV90UkhGdXByaXBzT1ZqTFVpWnFuYUJ4VU9pZUJNMVR0a05NT2hhQUFGUnFveFhZMVhZaHlTUmQ0dm5fWllLZXNLWVJzTGFrNWJfZ1BtaHZsWQ?oc=5) · Lord & Stephens Funeral Homes
- 2025-05-31 [Sybil Nunn Obituary | A. E. Carter Funeral Home | Madison, GA - Tribute Archive](https://news.google.com/rss/articles/CBMibkFVX3lxTFBMcWJpMFlvd1FjV2R4dVY4ZnJJTFctWERCZkt2NzNxcUhRNHUwMzlCcnlNdWtDTVV4WVR4bHJsN1ZHaDlsbU1LdlQ4SmR4SnQyelNXeVE1SVRBMWhUZlZZUk1IQ1UyQmNNbjU0OVRR?oc=5) · Tribute Archive
- 2026-06-22 [Georgia Bankers Association selects new chair, board members - The Business Journals](https://news.google.com/rss/articles/CBMimgFBVV95cUxQVk1hNnhRZXlRNlpNLVFxSm1VVERacGhHRGE2TGFtLUdBZWgtOEhBNXQxNWlHMG5ka0FTRGdkbkVmUnllY1pHeHlzVU12S19ZV29UakJ6MHJQMGM4MmRoS24zMDgzaXpXMVlIZTZmeWZpampQcjFlY0tfLW1aWEJtZllJMkNMV2ZoT0V3RWQ0SFlnU1pacUZYVHpn?oc=5) · The Business Journals
- 2021-10-12 [Ezekiel Lambert Obituary (2008) - Atlanta, GA - Atlanta Journal-Constitution - Legacy obituary](https://news.google.com/rss/articles/CBMijwFBVV95cUxQc09fVDljVGRDMHZqX0RweEZpdWpuaUp5UFVRV1FOcDZidklnS213X3BDTTJ4TXZSa004VDJiTGg2RkhvVUlfLTROa0daMDM3VVVpa29PZHRobXFoUGdWRmRBUkh1WHpBdEFRWS1IcjRmUkREVkhnYmtjaW1uSVk4NnRBcWJHLXp0ekJPMGUtaw?oc=5) · Legacy obituary
- 2026-06-22 [Bank of Madison Announces Promotions at Eatonton Road Branch - Morgan County Citizen](https://news.google.com/rss/articles/CBMi5gFBVV95cUxNNnRkWWdkdVNEdlhZMjRNTG1GYXpCUlZSWHVwcU5vb25xRXJnNHk2c1dXRTBPcUJUQmRPU3kxcUdMNkZiY2U1bUdTTTRWeXpLRDRVd0JodDQ5SmRsT2FWdEFzU0M4YV9wdmtubzFmTGt5VE9DVm53bUp3OG1TZmVuSVFmNWZOOG0tQjRtOURTY2g2U0Z6RlhZTlBwS3RVTGZOMjVOTUs0NlNFOEVJZi1wYnhJS1Y1WWJIU0piTmo3SUZWWTJsU19iNDlXWkE1cGtnWGNCd1VCdnVnb0t5OVNWUmZnV1pjZw?oc=5) · Morgan County Citizen
- 2025-02-12 [Frances Cave Obituary (1935 - 2025) - Murphy , NC - The Madison County Carrier - Legacy obituary](https://news.google.com/rss/articles/CBMilwFBVV95cUxOcUxiRkhXWkY0WnBrWlFkelJVZHVHYjRpdXFqVk92dHY2Y2FrWC1OcjJJc2VWRHVLa0tzNzVQVnh5QlhNS2E5eEVld2h2QXpiMGtSUndLN3dzRjB5QkpyRHpET0VzMXo5eE1RQk0zdXM0OTMyRTNpZVpoaF9oRUUtQW9YNndsSUJwdGlXRFlKc1kyeGJPRWtJ?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=148 (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/20.json (key "148", 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