# BANK OF GASSAWAY
GASSAWAY, WV · FDIC certificate 15397 · asset band <$300M · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $178.4M | |
| Deposits | $160.1M | |
| Loans and leases | $96.4M | |
| Total equity | $17.6M | |
| Loans / deposits | 59.38% (p35 of band) | 68.03% |
| Liquid assets / assets | 43.42% (p65 of band) | |
| Uninsured deposits / deposits | 21.88% (p83 of band) | 12.24% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.37% (p50 of band) | 10.34% |
| Unrealized securities loss / equity | 2.51% (p89 of band) | -0.15% |
| AOCI / equity | -0.10% (p5 of band) | |
| ROA (annualized) | 0.54% (p35 of band) | 0.74% |
| Net interest margin | 3.69% (p56 of band) | 3.59% |
| Efficiency ratio | 81.03% (p64 of band) | |
| Noncurrent loans | 1.68% (p66 of band) | 0.94% |
| Net charge-offs (annualized) | 0.12% (p80 of band) | |
| Reserve coverage of noncurrent | 83.36% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 12.43% (p45 of band) | |
| Auto loans | $6.9M (7.19% of loans; DQ 4.40%, NCO 0.10%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.0% | |
| Employees | 44 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | capital falling |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 | assets shrinking | capital falling |
| 2013-06 | 0 |  | assets shrinking |
| 2013-09 | 2 | reserve under noncurrent, assets shrinking |  |
| 2013-12 | 0 |  | reserve under noncurrent, assets shrinking |
| 2014-03 | 1 | reserve under noncurrent |  |

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

- 2021-03-23 [Michael Bryan Lockhart Obituary Mar 23, 2021 - Calfee Funeral Home](https://news.google.com/rss/articles/CBMidkFVX3lxTFBENWNhY0t4aWVNOS1qM3lVcWpOLS14SFFIUGdGWjNNdFI3aTU5SUJlRWhkMTdGdGR2Y3ZIV28wUzhlWGIxZ0ZLbVgyX3VjN1d0MUp2dzNuZGFxVTNJdlhZcjh4aXRMd1ZyLUFXMG5NektkWEV6bXc?oc=5) · Calfee Funeral Home
- 2021-11-22 [Fighting food insecurity - Cardinal Health](https://news.google.com/rss/articles/CBMie0FVX3lxTFBmWEFrdFpWLTB0bmN5V2lmOWYyZDE1U3FaSjZ6cVZ4NldRZlN0VVI4YVJvdG9hLXVReVFBZmdWR19KUzYwSHVjcG13YkEwZEhzTG9CcWMySGxlSlBLZjhtSVFrOTF2UFQ3U0ozb2Z5b01SRmptREdVLUxCWQ?oc=5) · Cardinal Health
- 2026-08-11 [Gassaway artist Joe Pettit captures local history through oil paintings - WV News](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQU21GSTh3MkVEWDlvQXk3YVpycENVY19scUhIRGhiXzkwMDRGSTF1MWdkeUMtTFoxOEN0czZIekYySVFuX042b29YTUVQNk1fZllNWU5fU1phMFE0bTUzRmJDY2ZEUGx2ZVhsTktkOG1EQnBVbnY4b0VXQWxNem83M00zdV9fb0tfOGx0SG5Ea3NCMkF0SW41Um9pMzU0VnZzcjladmVsUjB5aHhua2Z1Mk85aUU2NHpXb09nNnZaQXNfazBVeldQU1ZUTmdZbzVLQkxtMUY5YXdkZVMzOE5INFhxdHhNbXNGa2RjREVsR3VySTA?oc=5) · WV News
- 2024-04-27 [Jackie Lee Johnson Obituary (2024) - Gassaway, WV - Roach Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxNZTJ0WWZ2TlRnUzE0NWxMa0lJVDhZdEpKUF9RZHY2VWFXNmJ4TUgwcTBIeFY4dVhzRjV6UG5xYk9DeklWVFZ6dGQ3NzAtaTJtUXdleTBoYnN1S1o3OUY4NTJndExXU1praWN1WmhnMzlFb3NLMmo4TGZpWUZVT1RMT21pYw?oc=5) · legacy.com
- 2026-03-27 [JoAnn Truman Obituary (2026) - Gassaway, WV - Roach Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOcHdOdmV2eUxwZFdPd0ZtdldoMXVwZlpxaWQzUlJOOFBqS191LXJfM0xaUzlVbUtvODBUV0gxdXZlemtoblE4bnl5Y2JqLUZmSFlIX09CcVF0Q3BGWE5JMVptblcxY0ZGelBfcGFLZ2tWNnB1S0kzWnZUOTFCOWZVTA?oc=5) · legacy.com
- 2013-07-24 [Vanessa Jarrell Obituary (1987-07-21 - 2013-07-21) - Gassaway, W.va., PA - Tribune Review - legacy.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxNSXZ2Q1FWbDJQYWFZd0VLZ3ZHaG9tWjBDc0RBQWttczEwd2xaMEhwekhXSFpyS182VC1iX3llSlRBbmM2YmRNT2I3cWtFOWFmcTV0TDlkUDVueEVsUGxmNkNGOEI3eFBUR0hIYXZOeGJHeU1qNEluQkF4TFRiWlY0WkRfcXRHcVF0Q3BQODg1WGRDWTY3ZjBiNUoydlY0Y3FFdGpmQw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15397 (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/37.json (key "15397", 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