# BANK OF BURLINGTON
BURLINGTON, CO · FDIC certificate 15759 · asset band <$300M · latest filing 2022-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $78.2M | |
| Deposits | $69.1M | |
| Loans and leases | $36.7M | |
| Total equity | $8.8M | |
| Loans / deposits | 52.63% (p30 of band) | 65.69% |
| Liquid assets / assets | 46.51% (p66 of band) | |
| Uninsured deposits / deposits | 26.32% (p67 of band) | 20.85% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.91% (p71 of band) | 10.88% |
| Unrealized securities loss / equity | -13.92% (p64 of band) | -23.02% |
| AOCI / equity | -13.36% (p54 of band) | |
| ROA (annualized) | 1.25% (p74 of band) | 0.90% |
| Net interest margin | 3.37% (p53 of band) | 3.32% |
| Efficiency ratio | 68.94% (p48 of band) | |
| Noncurrent loans | 0.00% (p13 of band) | 0.19% |
| Net charge-offs (annualized) | 0.00% (p40 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 33% | |
| Construction % of loans | 4.26% (p26 of band) | |
| Auto loans | $151,000 (0.41% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.1% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 | NIM <2.5% | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | deposits shrinking, assets shrinking |  |
| 2015-03 | 3 | uninsured deposits leaving | NIM <2.5% |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-06 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2017-09 | 3 | assets shrinking |  |
| 2017-12 | 0 |  | deposits shrinking, uninsured deposits leaving, assets shrinking |
| 2018-03 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2018-06 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | assets shrinking |  |
| 2022-09 | 0 |  | assets shrinking |
| 2022-12 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2023-07-09 [Bank of Burlington vaults ahead with minimal fees, superior service - Vermont Business Magazine](https://news.google.com/rss/articles/CBMioAFBVV95cUxPUS1MQkRpUkxxNGtRaVJJU1I0M09JNlJRWDFFODc0ajJlMzRRTUMybFBhRTBOY0JBU0l3aGtFejdlUUthZE5lS2t5THJwWklZSkVkMWhMX1o4d2JXX3BhU3NOR0hjSjJRUnExc1BGc0tEa25hbFVCcE1wU3NqYTNNNHpSQTNuNTMtYmc0Wm5yZTlhWVZTV0dLMGlaWjBuTFZP?oc=5) · Vermont Business Magazine
- 2023-01-19 [Farmers & Merchants Bank of Colby acquires The Bank of Burlington - The Burlington Record](https://news.google.com/rss/articles/CBMirgFBVV95cUxPWkNYcHRxaU1lLVpvMEJiZHpHU013dkJrVUhFZkRVd0pCSHBjRGFXcUhFaWVBNHlOd2ljSldDYlpEQ01SMGlWVG1pd0t5dHNZUGkxX3E4LU5OdGJ3OWRQUXpKeHR0UExTbThRc2s1VzdVLWpSdEllQUVNVTlYTUtoYXJBWlFIYk90QkdZRldlbUhrWGwtekc3aE95Mk5wMERMekNMN2M3bVNzYWo4MGc?oc=5) · The Burlington Record
- 2022-06-16 [Bank of Burlington raises startup capital in record time - WCAX](https://news.google.com/rss/articles/CBMijAFBVV95cUxPQkg3Zmg4TURyV0pOTkRucU9BOHdTbXpqdGx0LTA0aEdVSW5EWjkxWFYwNnFGMHdxNzU2R0RtX00tcmNIS1VLMm9FLVVrSzk3OERadVBjUzkzWEdEZUg4TlktWFNpdEl0OUExWF9zVkdkVU9sMkgtSGduQVVuWnRwZ2NlNFJsb2Qwem00V9IBoAFBVV95cUxNeUpUdS1rQUF3ZjdFOXJDVl9raEJhMTNIM3pFRE5Xc0JGSDVwYWFUNDROUU1aVDZGZGdJS05IbEUtZlloOTY4cWo3b2hwcE1XcHI4dWVfT0c5WHhTMkppbEloVldQcmtVWno2aHBRV01Db1ZYWTVQTFcySGlTMVpSWFdZUW9ycHM4ZHdCNHYyYVpDQ29wTV9CU1E3cEMyN2VO?oc=5) · WCAX
- 2022-07-06 [New Vermont-based bank launching this summer: Here's who's behind it. - burlingtonfreepress.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxQYmQ5cEhFNS1rN0dIWFMwWWFsZ0JxWjFlQ1piRlFaS3kxZFlLYXJmV0xBRTYtVVpYUVVGU2dyTXBWeC1xRU1WSU40WjdJamtRVDJuUHFtQWhNOFFKT0lkNGdtRjdKNy1ScWppclBIMlVhVmZIM2YzMjBhV0VXcFFBQkhkd3IzcnQ5YzFuWmM2X1p2MUI5bkRlMHFpbUgzRVJBb3VySHotWTdSM3ZzU0E?oc=5) · burlingtonfreepress.com
- 2022-06-08 [6 de novos explain their tech choices - American Banker](https://news.google.com/rss/articles/CBMifkFVX3lxTFBLX2xWTzJEZjZhNHFubEJQS2thcVQyTUtlUE9BdFFpYWZBbmJpMEEwOU50SWpKV0lBYVJBZjlRWXhtTnFxbENlX3Q1Y2pqSUE1ajB6SGsycVByYXVjUW92QzhpSWZDVkpQNXVCY1dzNzFYSHc0UjhOenZrU0VOZw?oc=5) · American Banker
- 2022-08-02 [Bank of Burlington launches today - Vermont Business Magazine](https://news.google.com/rss/articles/CBMifkFVX3lxTE5ZOXJ3VXdTS0VrR1FZdFl6UjVud3BibFA1ZGVmemZJUTA0RW14TzczRUFDVmZZWlYxSDRrZGtGQ0V2TjFQQlJwZFhnRkNEY09vanpCR3o3SGo1MlF2eHAxLXp3alNwV3VicmFMWVNNR0t1TzRSbC05MGtGeGEtZw?oc=5) · Vermont Business Magazine
- 2022-03-31 [Vermont bigwigs bank on a new lending venture for businesses - WCAX](https://news.google.com/rss/articles/CBMijAFBVV95cUxQQnR5Nlh6V0x0MlJhT0FUR1ZvTzZNSzJwSVFTa052VE1qZU85X2diWXBMYXVOdTdreDFZcXNRRGdNelNPUTU3SjRaVEZKd2pIMGxEZFgzaE0yOVBNVGotZHYza2c3U0phZE1PelVWTllCMVplSXNQVG5EazRxRG1uQXNKZ3BJbXBGaDRMOdIBoAFBVV95cUxNZ2dmbUlPbm45MUx3Qld4cjRZc1IyOUsxeTRvWHJWdDhnS2ZIaVdPUHJSLWFiSWRnU3BkOUdKbC1jMUZJUE5XcU0yNGtpTXhhNkVNV1pvaHBIVkE1ZnV0SjBYWUkxQmJJRFcyUnUyandWTEZfTXBpSnNXMHF0Y1pNRHRFeUc4bm5JSlkyek5LVzdKRjIyUDVrZGl1TU1saHdG?oc=5) · WCAX
- 2022-02-15 [Specimen note for Vermont bank features in AIA auction - Coin World](https://news.google.com/rss/articles/CBMingFBVV95cUxQX3k5M0JzeEg0MlduLXZRSW5lMGxDc0NlMjFuejNXRDNUVUJQdllFc1Rrc0k4VDRPaXNTcDEzS1dWQ1lqZEl3SmJWLTMwbEpRQ2NXTGpXaXAteEpKenpqQ1RNd1YyVDdkVGFyblA3akdvMHZLZ3I4QkV3Y2xnRVFpU25tUE1NM1NfWG9tX3ZVTGliUkx5ano4YWZwMWxTQQ?oc=5) · Coin World

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15759 (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/15.json (key "15759", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide