# 22ND STATE BANKING CO
MOBILE, AL · FDIC certificate 16910 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $292.2M | |
| Deposits | $241.9M | |
| Loans and leases | $217.4M | |
| Total equity | $33.7M | |
| Loans / deposits | 87.91% (p76 of band) | 73.59% |
| Liquid assets / assets | 19.11% (p20 of band) | |
| Uninsured deposits / deposits | 30.35% (p82 of band) | 19.81% |
| Brokered deposits | 20.79% | |
| Wholesale funding | 22.75% (p96 of band) | |
| FHLB advances / assets | 1.95% | |
| Tier 1 leverage | 11.12% (p41 of band) | 11.76% |
| Unrealized securities loss / equity | -8.30% (p45 of band) | -6.57% |
| AOCI / equity | -0.73% (p35 of band) | |
| ROA (annualized) | 0.51% (p18 of band) | 1.17% |
| Net interest margin | 6.81% (p99 of band) | 3.93% |
| Efficiency ratio | 92.87% (p91 of band) | |
| Noncurrent loans | 3.39% (p94 of band) | 0.36% |
| Net charge-offs (annualized) | 3.37% (p100 of band) | |
| Reserve coverage of noncurrent | 64.17% | |
| Real estate % of loans | 41% | |
| Construction % of loans | 33.96% (p67 of band) | |
| Auto loans | $164,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 10.1% | |
| Employees | 77 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | brokered >10%, wholesale funding >15%, leverage <7%, losing money, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  |  |
| 2011-09 | 10 | leverage <5% |  |
| 2011-12 | 9 |  | wholesale funding >15% |
| 2012-03 | 11 | expense ratio p90, deposits shrinking, assets shrinking | brokered >10% |
| 2012-06 | 13 | capital falling, uninsured deposits leaving |  |
| 2012-09 | 6 |  | leverage <7%, noncurrent p90, construction >100% equity, leverage <5%, capital falling, uninsured deposits leaving |
| 2012-12 | 6 |  |  |
| 2013-03 | 5 | uninsured deposits leaving | losing money, expense ratio p90 |
| 2013-06 | 6 | losing money, expense ratio p90 | uninsured deposits leaving |
| 2013-09 | 4 |  | reserve under noncurrent, expense ratio p90 |
| 2013-12 | 5 | expense ratio p90 |  |
| 2014-03 | 3 |  | losing money, expense ratio p90 |
| 2014-06 | 1 |  | deposits shrinking, assets shrinking |
| 2014-09 | 2 | reserve under noncurrent |  |
| 2014-12 | 1 |  | reserve under noncurrent |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 3 | deposits shrinking, assets shrinking |  |
| 2016-03 | 2 | uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2016-06 | 2 | capital falling | charge-offs p90 |
| 2016-09 | 4 | charge-offs p90, reserve under noncurrent |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 3 |  | capital falling |
| 2017-06 | 2 |  | reserve under noncurrent |
| 2017-09 | 3 | deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2017-12 | 0 |  | charge-offs p90, deposits shrinking, assets shrinking |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | reserve under noncurrent |  |
| 2018-09 | 0 |  | reserve under noncurrent |
| 2018-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2019-03 | 3 | capital falling, expense ratio p90 | noncurrent p90 |
| 2019-06 | 6 | wholesale funding >15%, losing money, charge-offs p90 |  |
| 2019-09 | 5 | deposits shrinking | capital falling, wholesale funding >15% |
| 2019-12 | 5 |  |  |
| 2020-03 | 5 | wholesale funding >15% | charge-offs p90 |
| 2020-06 | 4 | capital falling | losing money, deposits shrinking |
| 2020-09 | 6 | losing money, noncurrent p90 |  |
| 2020-12 | 4 |  | wholesale funding >15%, capital falling |
| 2021-03 | 2 |  | expense ratio p90, losing money |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 | assets shrinking | noncurrent p90 |
| 2022-03 | 2 | capital falling, charge-offs p90 | reserve under noncurrent, assets shrinking |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | construction >100% equity |  |
| 2023-03 | 4 | loans exceed deposits, capital falling, uninsured deposits leaving | construction >100% equity |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | loans exceed deposits |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 | noncurrent p90, reserve under noncurrent | charge-offs p90, capital falling, uninsured deposits leaving |
| 2024-06 | 2 | charge-offs p90 | noncurrent p90 |
| 2024-09 | 4 | brokered >10%, wholesale funding >15%, capital falling | charge-offs p90 |
| 2024-12 | 4 | noncurrent p90 | wholesale funding >15% |
| 2025-03 | 4 | charge-offs p90 | capital falling |
| 2025-06 | 4 |  |  |
| 2025-09 | 7 | wholesale funding >15%, deposits shrinking, assets shrinking |  |
| 2025-12 | 7 |  |  |
| 2026-03 | 9 | capital falling, expense ratio p90 |  |
| 2026-06 | 7 |  | deposits shrinking, assets shrinking |

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

- 2026-05-13 [Alabama community bank to introduce digital small-business brand - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxQVzhNNWVzcWxSSmZWWkRveHB3cENIb1dpYlhEUFNwU0RRSnNMYmZfTUFLNk9RdkUwUUlScU4ybVVrUjEtSzBlTXZwbzNCZ1NnaU5LLVN1MFpoLThMRjN3eU5PUXVENkhvUnlkODU3c3RhQjBrbnR0REM1dzZVbEdoTUxLRkF6UmdIbUQtZktvLVJSd2ZtaW13MkVNT0diaXhSUUE?oc=5) · American Banker
- 2026-07-15 [Birmingham bank opens its HQ to startups, small businesses - AL.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxPMHVfbTg3YzBSSUhzMVpDRE85QXhHREFMc0pHbzJCQjBlR3pXeHdGZDVGSWF6Y3Jqc1A2SENuNGRnaDl6bmFOb0tzN1VtSE5XR1ZWZktFMFFnamNtYlYyeUZ4bHpaTEhwcHllMVlienY5Z3h1VVd2RGlkSTlzbEtpRnNmUTA2YUprM3hoTFJ3cUZ0bmFOQUxYRE0tWnZUN3c?oc=5) · AL.com
- 2026-07-09 [Online-only bank to open Southside HQ - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxOVjR3d3FxdFBYTzAxX1YzWThYSk1ESWU4ZGk5Z1BxWHNlbzJ2bE9RSVRtM3ZXUTZGeU42SnVRNy1QZXBUaDFwLUFJc2puWDl5TUdsQV9RdWxoYWJzZEJFWmcxSVh0c3g3eHQtUmJGQ1NJSDBrMGhWMzdkVU9nTnRDUWFpTWlINmVrMTJXZGdOZDA3ZVZyZ25ZNGpfQjdIdw?oc=5) · The Business Journals
- 2026-05-14 [JPMorgan names trio to co-lead global investment banking; Fiserv has co-created AI agents with six banks and OpenAI; and more in Bankers' Hours - LinkedIn](https://news.google.com/rss/articles/CBMilAFBVV95cUxNOHBEeWxqTDNJZHNJaGh6M05SNzdWNnhENEpCdklHSkNpLXhkSFVQcjBXSm8zUEVicU9qQ2lvTV9UamdNUjVKTWxERWN5UDZQeUFiMFpIZUFMSS1uNUFVaHEwWUtfbHA4U3ZEOS1ibWJFYkM4aGltcG5hOGFXNDBsYUx0aDBDTnJSdXNKYndwV3lLZVJO?oc=5) · LinkedIn
- 2025-07-23 [Branchless bank to build corporate office in Birmingham - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxNRU9pdlB1ZG1LajQtVEF1UUlXc0xzTHdsNXI2MktvbTd0V000ODVDWVVOVVFOVlNnWWRoUW14Y0szcHBZeW5JMkljdlJaVE9KUlBucU5oQ0FiZTRGOW1BRl9jN212QXE4YklfM2huc1RaalF6WFRDODJfODJiR3ZPOUtjeHh6cHpKblVuWDFzaVNOYjdYS2NZ?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16910 (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/14.json (key "16910", 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