# CARVER STATE BANK
SAVANNAH, GA · FDIC certificate 16584 · asset band <$300M · latest filing 2026-06 · live

**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 | $111.2M | |
| Deposits | $93.1M | |
| Loans and leases | $47.1M | |
| Total equity | $16.9M | |
| Loans / deposits | 49.97% (p19 of band) | 73.59% |
| Liquid assets / assets | 51.09% (p79 of band) | |
| Uninsured deposits / deposits | 15.59% (p34 of band) | 19.81% |
| Brokered deposits | 21.52% | |
| Wholesale funding | 21.52% (p96 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.99% (p77 of band) | 11.76% |
| Unrealized securities loss / equity | -1.23% (p75 of band) | -6.57% |
| AOCI / equity | -2.12% (p11 of band) | |
| ROA (annualized) | 1.00% (p39 of band) | 1.17% |
| Net interest margin | 4.36% (p71 of band) | 3.93% |
| Efficiency ratio | 78.30% (p75 of band) | |
| Noncurrent loans | 0.37% (p51 of band) | 0.36% |
| Net charge-offs (annualized) | 0.49% (p97 of band) | |
| Reserve coverage of noncurrent | 345.66% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 18.10% (p51 of band) | |
| Auto loans | $257,000 (0.55% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.5% | |
| Employees | 23 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 5 | losing money, expense ratio p90 |  |
| 2011-09 | 6 | capital falling |  |
| 2011-12 | 3 |  | losing money, expense ratio p90, capital falling |
| 2012-03 | 3 |  |  |
| 2012-06 | 4 | capital falling |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 3 |  | capital falling |
| 2013-03 | 4 | noncurrent p90 |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 8 | losing money, charge-offs p90, deposits shrinking, assets shrinking |  |
| 2014-03 | 4 |  | losing money, charge-offs p90, deposits shrinking, assets shrinking |
| 2014-06 | 5 | deposits shrinking, uninsured deposits leaving | noncurrent p90 |
| 2014-09 | 4 | noncurrent p90 | deposits shrinking, uninsured deposits leaving |
| 2014-12 | 8 | capital falling, losing money, expense ratio p90, charge-offs p90 |  |
| 2015-03 | 4 |  | capital falling, losing money, expense ratio p90, charge-offs p90 |
| 2015-06 | 5 | charge-offs p90 |  |
| 2015-09 | 6 | expense ratio p90 |  |
| 2015-12 | 5 |  | expense ratio p90 |
| 2016-03 | 6 | losing money, expense ratio p90 | charge-offs p90 |
| 2016-06 | 6 |  |  |
| 2016-09 | 9 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-12 | 10 | capital falling |  |
| 2017-03 | 5 |  | losing money, expense ratio p90, deposits shrinking, assets shrinking, capital falling |
| 2017-06 | 5 |  |  |
| 2017-09 | 5 |  |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 6 | capital falling, expense ratio p90 | uninsured deposits leaving |
| 2018-06 | 5 | charge-offs p90 | capital falling, expense ratio p90 |
| 2018-09 | 5 |  |  |
| 2018-12 | 6 | deposits shrinking, assets shrinking | noncurrent p90 |
| 2019-03 | 4 | noncurrent p90 | charge-offs p90, deposits shrinking, assets shrinking |
| 2019-06 | 5 | charge-offs p90 |  |
| 2019-09 | 5 |  |  |
| 2019-12 | 4 |  | noncurrent p90 |
| 2020-03 | 5 | expense ratio p90, uninsured deposits leaving | charge-offs p90 |
| 2020-06 | 5 | capital falling, charge-offs p90 | expense ratio p90, uninsured deposits leaving |
| 2020-09 | 4 | uninsured deposits leaving | brokered >10%, capital falling |
| 2020-12 | 3 |  | uninsured deposits leaving |
| 2021-03 | 4 | brokered >10%, noncurrent p90 | charge-offs p90 |
| 2021-06 | 4 |  |  |
| 2021-09 | 1 |  | wholesale funding >15%, reserve under noncurrent, brokered >10% |
| 2021-12 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2022-03 | 4 | losing money, expense ratio p90, deposits shrinking | charge-offs p90, reserve under noncurrent |
| 2022-06 | 1 |  | losing money, expense ratio p90, deposits shrinking |
| 2022-09 | 0 |  | noncurrent p90 |
| 2022-12 | 0 |  |  |
| 2023-03 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2023-06 | 0 |  | noncurrent p90, charge-offs p90, reserve under noncurrent |
| 2023-09 | 1 | charge-offs p90 |  |
| 2023-12 | 4 | noncurrent p90, deposits shrinking, uninsured deposits leaving |  |
| 2024-03 | 6 | reserve under noncurrent, assets shrinking |  |
| 2024-06 | 2 |  | noncurrent p90, deposits shrinking, reserve under noncurrent, assets shrinking |
| 2024-09 | 2 |  |  |
| 2024-12 | 6 | brokered >10%, wholesale funding >15%, capital falling, noncurrent p90 |  |
| 2025-03 | 4 |  | uninsured deposits leaving, noncurrent p90 |
| 2025-06 | 6 | noncurrent p90, reserve under noncurrent |  |
| 2025-09 | 3 |  | capital falling, noncurrent p90, reserve under noncurrent |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |
| 2026-06 | 3 |  |  |

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

- 2026-05-25 [Carver State Bank expands to Atlanta and Birmingham, strengthens small business lending - WTOC](https://news.google.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?oc=5) · WTOC
- 2026-05-27 [Carver State Bank’s Alicia Gaffney Earns Georgia Banking School Diploma - The Savannah Tribune](https://news.google.com/rss/articles/CBMisgFBVV95cUxOTmgxSzN0VEQzYldFdGZjUG1OTG1kMGpWOGVXWXdlWERrNVZGeVFQOEpQUm16eGgyUTFPVFlzRnlhUml6dThpQk4zTzBnSF9yYjRGb1RJRF9PZXpRcmJIREVzVXdnM3RmbzF1WmJ1dzlhSXFMRF9lZ0szbnNvenlVaGpvdkRaTjhFYnh1aVJCTmhKakRIUkZ6d0JFQVZ0YnB5OUFqN3MwUWs3djhxRUxQU1NB?oc=5) · The Savannah Tribune
- 2026-04-01 [Carver State Bank at 99: A Savannah Institution Nearing Its Centennial - WTOC](https://news.google.com/rss/articles/CBMingFBVV95cUxOYlR2QTlzQUZqa0ROeHBGQXZOWnF5ampkc0VvbTdKOGJWVzg3TW9wbzZKUEVhS1NQWDVuTG1BSEtyeWROMDZMMEI1WWJfRVhRUVRJQ2tUTmgwNkMyLWpFVGtDYWJ1akVMdTBhaWR2cEtrck94MVlUTGYxWXAxU294bFRYa1B6cFFXTXJYUzY3N3hkUHdJeGNObXZKcW5hQdIBsgFBVV95cUxNTDNMaUJJZTRaQzhQaHNZOVZpNDdURzJQUTMzSmp4dHZMNHJlWDU2aXVITUg0M3B4clN4bHhLY0M1Q05yODFBOTRLaHRxbWZLNV80Nk5seThvVGdoWWZTLVBRY2JtOEFUTVk3VzVvTHpTMWJ4T2k3UUxQX3FfNHFPc2VOTzFRdElLZnJwQkk2a2lOc2NyZE84aE5sVmxvTlMxRXVwRVNTOWtucGhwN00yN0dR?oc=5) · WTOC
- 2023-01-05 [After half a century, Carver State Bank president Bob James is changing roles - Georgia Public Broadcasting](https://news.google.com/rss/articles/CBMiqwFBVV95cUxObnFKOXk1bTR5MVYwSnVNMVJ4SllFeS1QckE2X2ZpZHJQUzFSYXBra3JqRTZmVlJqX2wzSmZITlJJaXNQZzhDMmwxQjdRbHZIRHcxTmJiYzZhUUN2MDBMVzE0bGh5U05LbGF5Z2R0Y2dsQ2xQV2Vmb2dlWHBQalpTTElrSXlLVDFoeFdyMlViME5PeVc5aEx5NHV5Sk1FeS1MaWxFN3V3MkE2ZkU?oc=5) · Georgia Public Broadcasting
- 2024-02-23 [Black History Month: Carver State Bank celebrates 97 years of being the oldest bank in Savannah - WJCL](https://news.google.com/rss/articles/CBMisgFBVV95cUxNRXB1eUlidWFmbGxjWG9RbGxwVEw3R2s5RU5IdGotX1o0WlJVdHdWeWluRmY3amVRR3FFUHoydGRndjJjbEVubVVrbzdoNjk2cU9PYkdaNmlaSmRUOXNrdVU0eGZhV1hDcGU3bThBLVZHT2FENnlmYlEyMjNmZHRDZklyVlR4SUZPN0RQVmgtdDBNTmtrRWVJVTViaEN3cFV2c1ZSYlBoZ3dybW9KRDRmcWt3?oc=5) · WJCL
- 2022-12-20 [After 50 years, Carver State Bank President Bob James looks to the future - Savannah Morning News](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQdEt5YlZwYzl6UE85dXJoSHBkcVJSTGNHVEI5VTBSVTJfYkM5QlV1VUlZSlZ5UUdTYkpFbHcyZzlQek9oQTFkdG9HZVNsbFZNeVZEeEZLU055SFRRRHh0RU9NME93UEZveFBYOWYwRktuSWt0Sk9Bd19wR1ZQVVJONmRYYUFpelZmR2pLLTBFUG1KU0dJSlFtdEJwZTNvbjJQN3duSjdVQUtlTVJaX0IwX1dZUzVLdklrTUdRVVdIeER0Qm82bU80UkE5Q0ZrR3MyX2NDQ1VZOVNpdEpEZGs4S2c3WHlselk5dnMyMjdMRnBpaDJNbGRDWlVnYlpzeVU?oc=5) · Savannah Morning News
- 2013-05-09 [CARVER ST. BANK ROBBER SOUGHT - Savannah Police Department](https://news.google.com/rss/articles/CBMiYkFVX3lxTE4tRHlaZjFJcXpqekZNT09UdzRQVXRCTU1RZHFPQkRvR3VwbUN2SV9tdWZjeDdRR2EyZXBnalRUNHlKZWNreW8tT24wdHFqTDNmN29xX1JHa19Ya2hGenRlSlZn?oc=5) · Savannah Police Department
- 2024-10-25 [CASSIUS F. BUTTS appointed Executive Vice President of Innovative Finance & Strategic Partnerships at Carver Financial Corporation - Savannah Business Journal](https://news.google.com/rss/articles/CBMiygJBVV95cUxONTdJbFdaRjQtVExOR3hJQjFtUXBaUVllS3ZPYzg1d3VHOXREZDhOMUxUZFRtakp3VVNmVC1zNTd1dmlkZ0FRakplM2dXUEs3VFR1d3lIVFNHcDh2bEJtR3F0MHpBQjdPaXgxV25iTnhaYXBfY19aYk1qeXR6Yk9fQXNrT1Rac1AwUm9DZVhwLVVIbmZfdnl3YjlqOUdqeFd3d2pMaWxoOTZLRHprVjJPMkUwdEE4ckNyd0Q3R3BqN2pLQlNIdVprTnVlalJPRDNXcWRycTl2UUNXcVRBOHgwQ0ZkUkxhdXdZY0ttZE52b3NkWFdpRm9sZUktVGNUU205Ty1BZVJKUXlCdTdGNkZRVWdrR1ZnNlpycG9Vb0tFVFA3OEI0cWd3elFoUlVUSF9FYXNSQmpnZ3NVUTdNZ2xKb0pmQUMxZDhET0E?oc=5) · Savannah Business Journal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16584 (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/8.json (key "16584", 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