# BANK OF FLOYD
FLOYD, VA · FDIC certificate 16993 · asset band <$300M · latest filing 2016-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $248.6M | |
| Deposits | $219.7M | |
| Loans and leases | $163.0M | |
| Total equity | $19.6M | |
| Loans / deposits | 73.28% (p47 of band) | 74.58% |
| Liquid assets / assets | 28.57% (p44 of band) | |
| Uninsured deposits / deposits | 7.56% (p20 of band) | 14.02% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.22% (p58 of band) | |
| FHLB advances / assets | 3.22% | |
| Tier 1 leverage | 7.63% (p3 of band) | 10.79% |
| Unrealized securities loss / equity | 1.19% (p38 of band) | 2.02% |
| AOCI / equity | 4.37% (p91 of band) | |
| ROA (annualized) | -0.23% (p4 of band) | 0.86% |
| Net interest margin | 3.43% (p36 of band) | 3.65% |
| Efficiency ratio | 107.66% (p96 of band) | |
| Noncurrent loans | 0.19% (p28 of band) | 0.67% |
| Net charge-offs (annualized) | 0.04% (p65 of band) | |
| Reserve coverage of noncurrent | 671.52% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 40.97% (p75 of band) | |
| Auto loans | $423,000 (0.26% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.5% | |
| Employees | 73 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | noncurrent p90 |  |
| 2011-12 | 3 | capital falling |  |
| 2012-03 | 4 | NIM <2.5% |  |
| 2012-06 | 8 | losing money, expense ratio p90, charge-offs p90, uninsured deposits leaving |  |
| 2012-09 | 5 |  | reserve under noncurrent, noncurrent p90, uninsured deposits leaving |
| 2012-12 | 8 | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2013-03 | 2 |  | capital falling, NIM <2.5%, losing money, expense ratio p90, charge-offs p90, uninsured deposits leaving |
| 2013-06 | 5 | losing money, expense ratio p90, charge-offs p90 |  |
| 2013-09 | 4 |  | noncurrent p90 |
| 2013-12 | 6 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2014-03 | 4 | capital falling, noncurrent p90, uninsured deposits leaving | losing money, expense ratio p90, charge-offs p90, AOCI drag >20% of equity, securities losses >30% of equity |
| 2014-06 | 2 | expense ratio p90 | capital falling, noncurrent p90, uninsured deposits leaving |
| 2014-09 | 3 | uninsured deposits leaving |  |
| 2014-12 | 3 | leverage <7%, capital falling | reserve under noncurrent, uninsured deposits leaving |
| 2015-03 | 3 | charge-offs p90 | expense ratio p90 |
| 2015-06 | 2 | expense ratio p90 | leverage <7%, capital falling |
| 2015-09 | 1 |  | charge-offs p90 |
| 2015-12 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-03 | 3 |  | uninsured deposits leaving |
| 2016-06 | 3 | losing money | deposits shrinking |

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

- 2017-10-17 [Grayson National Bank And Bank Of Floyd Are Now Skyline National Bank - PR Newswire](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNdzRCaXYyc1lBTkdIQ1VvektQRmJ5TkVfRHVJcG8yd1J6TnhTSUhrblBuNmtvSFZsM2otdnpBa2szZEZyYndqczl4amxIbkNvLVE4LXVfS2h2WVlMZkU2UE5idW1IUDFUWXNyc2s5OVBfc0Z3c1RidDQ4VFFJMVR6SEtNYUJ2NnBjNFhhc0oxN2NIRkw1dExHNGxCNXhMTkc1ajJUY0FJdk1fWTk1c0xPY0xkc2xZWlZQTGZmbHROclZQN1k?oc=5) · PR Newswire
- 2016-09-08 [The Church House on Cannaday School Road: Floyd, VA - Public Books](https://news.google.com/rss/articles/CBMigwFBVV95cUxPNW4yMVRTU3p5MGlGU3FoNGdwRVdReXlGOHdkODhQR2RmOE9wUWI5Sl9BdGtWM255ek41ZEdwLWhKRnZKTG9Uc0Ewd3R2MUo0V0NONm9EM3dMbWl5dml2cW95MDZOVVgxMlQ3VV8zOE5qSEJycTlFdms5ZThwbUhyVXl2cw?oc=5) · Public Books
- 2025-07-21 [Diner in Virginia wins first-ever competition, beats 63 restaurants: View gallery - The Progress Index](https://news.google.com/rss/articles/CBMi_wFBVV95cUxOTXd3R0lxTkJEaEFBdmZPWHpoU0NOWFJ4SEdkaXhlSTZQbmtiMnlVc2dMZFRxZVd2QmJLYWpRTG54cjN2X2ZXaXE4QjF3djJmUVBoc05na2JZeVhmSjVJdldvcEMzMFRVOU1vME9tTE10NjFkbEVsa3V1QXpjVU45Si1LNXc0Nkl1WS1pTmx2alg4UnN0Nm44Z3F4QVNFX0xDVHM1X2tjWHNRalVjYVd1QlFLTFpPWXhtZVhVVXg0czdiWEFWeWhIWU9MdVhkZU1SYXhwd3Zia3RHb1FCZGZyTVVuVGI4enN2TDRmQzF3b0YyZk5VVW9YaTJSSmppS00?oc=5) · The Progress Index
- 2012-06-12 [Shareholder Activist Plots A Hostile Takeover Within BHCA Rules - Hedge Fund Alpha](https://news.google.com/rss/articles/CBMinAFBVV95cUxQUmhqY2E4ckpkRm4tQnNnNTBDWW1mcDVnZm4zaGtxZFFfZFZBUWFDb20wSHFfQmR3Y1ctOUE3aHFYMldURmgySnpKalJRWVBabWdTUmFmTkg5bTJQX08xbEpNcHgtenZzUlhEU09wbzBVOS1UZndpdkRPc2MydTFjUFJnbmRmcnN2WGs3b1IzVzFzRV9fTGtmRG9Tano?oc=5) · Hedge Fund Alpha
- 2025-04-03 [Dorothy Hylton Obituary (1949 - 2025) - Floyd, VA - SWVA Today - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPOWNSNkg2T2RORHdXVms2SldWRG81eVo3dUNobmVHRnU1UV8yODRJbDl3SkJldHlkREhWUUY3V1dJMGlIejdqV2ZuSEZBaWRJRENWNFBIa3BXTEJsNTZBMllZdThTWU9wMlY1MXVSUUxkUXVsXzh4Q2ZKRjcydXRMUzhtUDVRaWFXc1JydFdMVVg?oc=5) · legacy.com
- 2025-07-21 [Virginia diner voted No. 1 out of 64 eateries: Social Butterfly shares experience, photos - The Progress Index](https://news.google.com/rss/articles/CBMiugFBVV95cUxNNnp0MDdGbDlXRVpnTERXd2E2LWEwNHdOM1M2YVlEeElxUFZGaGZxSWJmS21nQldKSEl1ZnZZT0dObnltMU1vcndOcjhzS1I3R1dDeXBSaElsVDJDOFdpUUl3elNsMTJGaXpoMHViSlM4enV1UFk2empNWFNjQWQwZ2toMW0zZWpreFg1Tl84THlYYU12dWVUSTMyOWFPN3NCSmhuOHlKakdYT2x5NHM0UmtjZ215QnBNWkE?oc=5) · The Progress Index
- 2023-12-21 [Kenneth King Obituary (1942 - 2023) - Floyd, VA - SWVA Today - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxOTDdwODluOEFadzFGZ3NDWGVBYVcwWUpPdW5jZDRjOVNBVGRqdVFkOHIyVlQ0Rlc4d1VqdUp3QkRTNWgwZXZuX1l1amRLVExWWUF5bnJiRFROemtRX0tTVmRiNEdhSXMyTFVhVGpHS1NsSHBUM0JRRE9ZdXFXU3ZOeWtPOVg0M3VYVGhLZ1dB?oc=5) · legacy.com
- 2021-07-01 [Lucy Harris Obituary (2021) - Floyd, VA - SWVA Today - legacy.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQdEtvSTFiUjk5Y2libFgxamFvdERhOHFtOFI2MkpnNFVMS3J6UGd3VEY4MlVzbU1aVEVzd0RQaUJlbUdyS04zd3FvaUNNVHM5UDI3TWN4dUNRMDVMRlhvN0l4OXFmeW5GZXZ1eGNiSmQtQjVYN1k1SEFScVJwSk83MWVlVXpRZFNBYXZnTQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16993 (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/33.json (key "16993", 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