# EXCHANGE BANK
MILLEDGEVILLE, GA · FDIC certificate 160 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $410.3M | |
| Deposits | $358.9M | |
| Loans and leases | $306.6M | |
| Total equity | $39.2M | |
| Loans / deposits | 84.19% (p57 of band) | 82.04% |
| Liquid assets / assets | 21.45% (p37 of band) | |
| Uninsured deposits / deposits | 20.68% (p31 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.56% (p45 of band) | |
| FHLB advances / assets | 2.56% | |
| Tier 1 leverage | 11.93% (p68 of band) | 10.81% |
| Unrealized securities loss / equity | -22.18% (p20 of band) | -8.10% |
| AOCI / equity | -11.98% (p0 of band) | |
| ROA (annualized) | -0.70% (p1 of band) | 1.28% |
| Net interest margin | 5.07% (p94 of band) | 3.91% |
| Efficiency ratio | 58.09% (p40 of band) | |
| Noncurrent loans | 0.03% (p15 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p59 of band) | |
| Reserve coverage of noncurrent | 4676.04% | |
| Real estate % of loans | 97% | |
| Construction % of loans | 285.10% (p100 of band) | |
| Auto loans | $247,000 (0.08% of loans; DQ 0.81%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.8% | |
| Employees | 69 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

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

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

- 2026-08-13 [Tennessee man federally indicted for 2024 arson of historic Exchange Bank in downtown Tallahassee - WCTV](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPLXZRX1JfSzAtRkEtYVRtNDhWLTE0eG1uT1FtMlRaYjhCZFZMTXJpYTNXZ2dPUklTbnVVbG5sRmJpVGtKN3o2YldNNm8xLUFtNDVtMUZuZnNweUJaNlJIajlVQVJ4MHczamhRZWx1V1V6b3VJTG85NXlmT0FRUlgxcHppdHo5WC0xNWVvQ0hvYjAta2k5dVRXU09hYmNBRDdHZUp1VWFRSjhlN2I4QUlKdS13cEctUWZMd3pz?oc=5) · WCTV
- 2026-07-24 [Steve Williams appointed to First Exchange Bank board - WV News](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQM2N2S3h0MjQwcjZmckxqNnF0X2NqbmczR0hZQnN4MVQ4b2ZobXVJWElQOWR1SlJTUTlObXlFd201UmpLb1Vya3I1Z1pYcVpob3l5WUVWV0FILWtubi1NNndCZ3NFcVhtNmdDQllZNW9ERjh0QXdPb0xyYXVqeFo4b3VSWUdIeXBqRTBIQks0TS1HVGtwN3lrckVMSU52VXdPX2cyNEVQMFBlNVRrYmpFMy1YRWZLa19sbGtKdmlmYXJ6YWtCQVFaMTJ2M1RQT21lUTl0MUhONFRTMWM?oc=5) · WV News
- 2026-01-12 [GW Platt Foreign Exchange Bank Awards 2026: Central & Eastern Europe - Global Finance Magazine](https://news.google.com/rss/articles/CBMipwFBVV95cUxQaU9SdWhxYnhZVnlDLURXSUZtVjRTZjlsLVc1OUxFenRsbHRGOTBSZEF2QkdpalQ3aXl1dFdZckRySkxJTGN1eG44cXF3WjBnZURTY2xOeGFiZm51T3BTbVFEVVNVdE16LXh6Y1lMeWMzMDVLUFQxMEZmRnV3VWg1MVVHQTJGTV9BWXRRWV9JWXJHTmhLRFdMMXhKQnBEYUU1dUV2NEpWWQ?oc=5) · Global Finance Magazine
- 2025-12-10 [Exchange Bank contributes $35,000 to Putnam General Hospital - The Union-Recorder](https://news.google.com/rss/articles/CBMinAFBVV95cUxQSUlRRkhuU0o4N01KUkhtLWZUM1UxeXBzOWM1T2kwVTlNYVZNUWZraWZGcTVBNFZhM0g4aDcxZFhVbjVjUTJoTzYzUGE5OXdaRWZEb0VPREVpd0RRM1YzLXhHaFNRclB4LVB6YW91ZW85Mnk5cF9OTFFNeDVwVWFBVTBnSVFoYW9wYTVNdkdlMDlzNFpMTU05TDRGZFI?oc=5) · The Union-Recorder
- 2026-06-22 [After decades in Woodward, Stock Exchange Bank plans merger with Cowboy Bank - Woodward News](https://news.google.com/rss/articles/CBMi8AFBVV95cUxQbzA3M1pRczZzZTFOTk1HTnhkS1prcnJweU1NWHA1NDFKenBXSGw4TTNaaGx5cERYVFY5a21MajdrMjhxMUZRNHdBUWo4UlBNakFqZGdGc1VHNENiVTlaYlpEZmwwWE44RjVVTUpzMUxOZ0xmbVZBV05VVTFEWUVqZVFZN1FGdGg4cnpmbWhubWRrTThhZ05HWXUtNFdrOWg0SHNzUjIyR2FHQnNnMy1jaGlsR1piX3JEa1psMlNld250dUZHSktsbGtMSTlrNlA1d1h1c3NTZ2J0N0piQlpMRWVHMjM5WWdkVnJOZlhYZ28?oc=5) · Woodward News
- 2026-05-30 [Exchange Bank (NE) Review - SmartAsset](https://news.google.com/rss/articles/CBMie0FVX3lxTE5LTTA0TGNDR0hJQzVQRHNEODJWT3JMTVB5Tl9uQVdyLVBiVDNxUWNVNnJpZHNfSVpQTVNkdVVmNEgySEZEMF9GZHZkdVdKSGEzdnQ1VG16QkNuMGtkeHJEZ0hZd0QzdzNnT3pfbC1seGtMdVN5N3ZuS3RyTQ?oc=5) · SmartAsset
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-12-02 [Exchange Bank expanding into Braselton | News - mainstreetnews.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxPNjNVMXRRVW9JRVJXRDlvbVQ2VE50RW5reXE1LVJ2b1JZWHNDbzF6TDJCQkRadzJhZG9NcGdtUXpteWZZNVVvcldwOVdHeDRjWGxoMkxVZmYwano0cmhLdm9rVkN4c2dURDNST0RwcUdNTmZSUURMeERpdHZCVEJsWUh4dFk3M1g0TEhTMDJTWXFpbEFPT096SnY1QXc5WFhiTVpjYUJGYmkxU2VGWnhPNlVHWE5FdHU4QUVsYll2QW9QNXJaZk8yb09OdFZjUlk?oc=5) · mainstreetnews.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=160 (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/32.json (key "160", 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