# DEVON BANK
CHICAGO, IL · FDIC certificate 16249 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 8 (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 | $418.6M | |
| Deposits | $262.6M | |
| Loans and leases | $195.4M | |
| Total equity | $25.1M | |
| Loans / deposits | 73.76% (p32 of band) | 82.04% |
| Liquid assets / assets | 45.43% (p89 of band) | |
| Uninsured deposits / deposits | 24.67% (p45 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 30.38% (p98 of band) | |
| FHLB advances / assets | 30.38% | |
| Tier 1 leverage | 6.27% (p0 of band) | 10.81% |
| Unrealized securities loss / equity | -31.51% (p11 of band) | -8.10% |
| AOCI / equity | 0.28% (p88 of band) | |
| ROA (annualized) | -0.17% (p3 of band) | 1.28% |
| Net interest margin | 3.01% (p10 of band) | 3.91% |
| Efficiency ratio | 109.84% (p99 of band) | |
| Noncurrent loans | 0.27% (p39 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p48 of band) | |
| Reserve coverage of noncurrent | 322.33% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 9.51% (p13 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 | -15.6% | |
| Employees | 107 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **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 | 3 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 5 | expense ratio p90, charge-offs p90 |  |
| 2011-09 | 7 | leverage <7%, capital falling |  |
| 2011-12 | 7 |  |  |
| 2012-03 | 10 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 9 |  | capital falling |
| 2012-09 | 8 |  | charge-offs p90 |
| 2012-12 | 9 | charge-offs p90 |  |
| 2013-03 | 5 |  | losing money, expense ratio p90, uninsured deposits leaving, charge-offs p90 |
| 2013-06 | 6 | charge-offs p90 |  |
| 2013-09 | 3 |  | leverage <7%, deposits shrinking, assets shrinking |
| 2013-12 | 3 |  |  |
| 2014-03 | 2 |  | charge-offs p90 |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 3 | charge-offs p90 |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 2 |  | noncurrent p90 |
| 2016-03 | 2 | expense ratio p90 | charge-offs p90 |
| 2016-06 | 1 |  | expense ratio p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | reserve under noncurrent |
| 2017-03 | 1 | charge-offs p90 |  |
| 2017-06 | 0 |  | charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | expense ratio p90 |  |
| 2018-06 | 0 |  | expense ratio p90 |
| 2018-09 | 1 | expense ratio p90 |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | capital falling |  |
| 2019-06 | 1 |  | capital falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | capital falling |  |
| 2020-06 | 1 |  | expense ratio p90 |
| 2020-09 | 1 | wholesale funding >15% | capital falling |
| 2020-12 | 2 | expense ratio p90 |  |
| 2021-03 | 2 | capital falling | expense ratio p90 |
| 2021-06 | 4 | leverage <7%, expense ratio p90 |  |
| 2021-09 | 3 |  | capital falling |
| 2021-12 | 4 | brokered >10% |  |
| 2022-03 | 4 |  |  |
| 2022-06 | 5 | securities losses >30% of equity |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 7 | capital falling, losing money |  |
| 2023-06 | 9 | NIM <2.5%, deposits shrinking |  |
| 2023-09 | 9 | uninsured deposits leaving | deposits shrinking |
| 2023-12 | 8 |  | capital falling |
| 2024-03 | 8 | deposits shrinking | brokered >10% |
| 2024-06 | 8 |  |  |
| 2024-09 | 8 | assets shrinking | uninsured deposits leaving |
| 2024-12 | 9 | capital falling |  |
| 2025-03 | 7 |  | NIM <2.5%, capital falling |
| 2025-06 | 7 |  |  |
| 2025-09 | 6 |  | securities losses >30% of equity |
| 2025-12 | 7 | securities losses >30% of equity |  |
| 2026-03 | 7 |  |  |
| 2026-06 | 8 | uninsured deposits leaving |  |

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

- 2026-08-28 [The State of Illinois Newsroom - The State of Illinois Newsroom](https://news.google.com/rss/articles/CBMiswFBVV95cUxQaEhKdFFFNlcwZjVBd25DRWhTRURYVjFJWHhXREkxY3d6OTFKMTlJUVRNZk9zRS1VLXJGdHktanhGZml6SVFWZHItemdIaFJvNGJoSk8zZnJzZVdESTliRm9ucVVyWHdhMEdHLUNEZW9SQzk2dWFDRzJFd25MZkFZeldETVBrcjVzSy15UzNHbG1sY3JtNFQyTURQVG9iOUdHZDVOZU9LMmtPdExhck4yTC1lNA?oc=5) · The State of Illinois Newsroom
- 2024-12-24 [City comptroller leaving for bank: 'If it wasn’t for this opportunity, I would have stayed' - Chicago Sun-Times](https://news.google.com/rss/articles/CBMitgFBVV95cUxOQThwaW1MVzFkMFRTTFdBUGFsbEF2U3pDV1ZUdVRudjY4RXd6UVZXM2xKbld4VFkxNmN3Yk1acmx6MG5tNE51eFhiLTJ1YUlOVkVIRGFfX3RmZ2dnZDM5ejQ5UVRjUlpaNnNNNmg0N1NpY2xrV25Id3BRZUFkRmxLTlVMeTdjV2ZIMjBoMUVHdkVJOFRfQmlJZWxhOE9sMnZSQkZxeDZCaVg3RkpDS1JSM0FQejdzZw?oc=5) · Chicago Sun-Times
- 2016-01-12 [How Muslims in the U.S. Follow the Islamic Financial System - Medill Reports Chicago - Northwestern University](https://news.google.com/rss/articles/CBMipwFBVV95cUxNT0VleDBHdjhENWVLMWh2cjNOTS0yblN0N0E4Y3VTQjVNNXN4RkdVOWJRN3B3QjI0S0RXQnZJNnVTY0Z1amgzeXV4c2g5b3hwVm5hNlM2anBwRXJYZkFpTWRIZ0xBdWV5YmdSSmVCdnNKZlplYUktdWpCbXUwaGpETTJLSFBMOXJ5eURPT3JleGwxcEdNYktsTFNsVmhaQXROakZqQUcxbw?oc=5) · Northwestern University
- 2009-03-02 [Chicago's Muslim Banking Solution - NBC 5 Chicago](https://news.google.com/rss/articles/CBMihgFBVV95cUxOU1B0NnVDbDBhaEd3cC1rTFBzMGdULVZMTVdwYVo0Y2VyQWdxNVEwSmRFeWE2ZWhZcklENE9odW94ZmYxMWV3c0hQS2o0VkR5MDBEWUF4OVdoUWt3NXdOTWlyN01waUVKeWVMYXhHUGxCUEllVnJ0VFIyS3hiSnF0Mk01N1QxUdIBjgFBVV95cUxQRVptUjhjSDB6UDlCemdUbnhtVERpWTN0UWNZS0tQZ1o0VlFaVS0tQ2FhLW50M1h5M1hGOXlOSDcxUXBPbWZ5aks1TnIwV21sV0VkYnVWQ3BZdGRrSjJqeUdYMDJJdmhjSjJocEhQU25vXzhfTmxLeE9mckNtYUpPSXpib25RYjFybVg0SmdR?oc=5) · NBC 5 Chicago
- 2026-03-23 [Trump should scrap his plan to make bank customers prove citizenship - American Banker](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQWERXNTBmZmhmYjRleFNzbEFsT0tqXzR2OHJrUmNETVJhSS1nZ2dKaHE3NTh5N0h4R2pFT0JtR3BkQ3I0UHh5Sjl3cWlLbFVaZGxGc1FhbWdoTml0NWlpNzRGQmZrbEMwaXVsTWw2eElCbk1sTGdQLXYyLVdzVmJ6Ql9BNDRmVF9IVUZ2dFc5RjI4bERqVjY4TWpDUmRkektQSXV3Q3ZTYVBxb0k?oc=5) · American Banker
- 2015-07-25 [Bank robbery suspect linked to heists in four states - BlueRidgeNow.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxNVHRoSGpoYXR3cTk4X0hMaXJ5RVdveXFNT3pMQ0tPeEZRck8wNWNjRFRKR0FLdVZWRy1NWWx1dFBmaUpoTkI1VjF1aXNfekZZTl9DdGNlSENUcUtJNmFfNmg1Z1FlZnN1N2pTNmxfa0NjUDg4X25ZOTlmbGdXTTJvQWw5ekoyQUtJUXpDTjVQUGlFWWg4b19RR24wb1c2dTBHS3NMU1ItdWE4WUdIQ01fMXJwMTVoOFE?oc=5) · BlueRidgeNow.com
- 2023-03-30 [Richard Loundy Obituary (2023) - Glenview, IL - Chicago Sun-Times](https://news.google.com/rss/articles/CBMinwFBVV95cUxOWVp5NWtVWXRZTVl1cDc3OE9JU2VxRlU2VzU1LVdsSHptTjRrMGNBRE5oS1VfT21TNXdqMVo5NVhPV0dteWp5ZDdqVnlTRU03dnF4ZGVZbWZ1NU1ZckZzTzRHcEltRlhNSTQ3Qm0yZUt0ckVicDVyeENQamgwN3IxNmNhVl9CdDAxSU1Bcl9TUmx1YXU1NkNCSHRQQS1KWjg?oc=5) · Chicago Sun-Times
- 2024-09-10 [Monroe County property transfers: Sept. 10 - The Herald-Times](https://news.google.com/rss/articles/CBMi3gFBVV95cUxOSDR1aVZoLU43RF9ndFlOQ25RNnpqQkR0ekY2XzRxWi1Jb05UWm1FOXdXUmozeUJfV0NnbXYzUFpRdnI3UjdscUZRdTBYYmlXbTJGck5LcmJZTVpydV9xb25xaGRITVRadTRDblFUc2hDLTUySkhpamU0ZnZCcEpKN1dIa1lBZUlRMFNTeEY2a2I4UjZYbjJRUUtsSGVMbElnZHRsRllDYjBvWmRtWHhqYUhIeTdGWGM2T21qREdlbUlJXzJ3Nk81N3FGN2c5MGh0X3hBTnlPTVdtcEZxTnc?oc=5) · The Herald-Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16249 (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/57.json (key "16249", 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