# SOUTHCREST BANK
THOMASTON, GA · FDIC certificate 17041 · asset band <$300M · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $285.1M | |
| Deposits | $259.1M | |
| Loans and leases | $148.0M | |
| Total equity | $23.0M | |
| Loans / deposits | 56.04% (p27 of band) | 69.26% |
| Liquid assets / assets | 36.57% (p53 of band) | |
| Uninsured deposits / deposits | 10.98% (p43 of band) | 12.49% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.64% (p7 of band) | 10.29% |
| Unrealized securities loss / equity | -1.38% (p46 of band) | -1.01% |
| AOCI / equity | -3.27% (p51 of band) | |
| ROA (annualized) | -1.22% (p3 of band) | 0.76% |
| Net interest margin | 4.10% (p75 of band) | 3.63% |
| Efficiency ratio | 121.34% (p97 of band) | |
| Noncurrent loans | 2.95% (p82 of band) | 0.94% |
| Net charge-offs (annualized) | 0.41% (p87 of band) | |
| Reserve coverage of noncurrent | 64.35% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 48.89% (p80 of band) | |
| Auto loans | $5.1M (3.43% of loans; DQ 3.88%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.2% | |
| Employees | 169 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  | noncurrent p90 |
| 2011-09 | 1 |  | losing money |
| 2011-12 | 2 | noncurrent p90 |  |
| 2012-03 | 5 | charge-offs p90, deposits shrinking, uninsured deposits leaving |  |
| 2012-06 | 4 | expense ratio p90 | charge-offs p90, deposits shrinking |
| 2012-09 | 4 | losing money, charge-offs p90 | noncurrent p90, uninsured deposits leaving |
| 2012-12 | 4 | assets shrinking | expense ratio p90 |
| 2013-03 | 7 | expense ratio p90, noncurrent p90, deposits shrinking |  |
| 2013-06 | 6 |  | noncurrent p90 |
| 2013-09 | 7 | capital falling |  |
| 2013-12 | 4 |  | charge-offs p90, assets shrinking, deposits shrinking |

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

- 2026-06-26 [Two Southeast banks to merge in $163M deal - Banking Dive](https://news.google.com/rss/articles/CBMiggFBVV95cUxNdnVFcU9uSTNncEtPV3o5dUpuc21hOFI3N1BYVURNa0wtVkNTMlhzaC14cEpuUU0xM2p4d2ItLXpYcnpETEdIN1laTzZpQkR4UldiVGpDUEFCaFY1ODNHemJ3U3dHb1M3TDdBaE9zTGNOaHhHVHJCek1DbnVNcWRWOHNn?oc=5) · Banking Dive
- 2020-09-14 [Branch Business: The Banks Opening New Locations Across the US - Banking Exchange](https://news.google.com/rss/articles/CBMisAFBVV95cUxNYS1vUGJ4RnZFM2RScHNTeWhBUVNaRVkxcE0zaXZPUnl4ZjNWXzJmd0h6a21ESjJZT2UtYk9FS2x5My1qRTFIUlRDXzdFT0NPcHY1MldpVWxMS0JjY0Y4NzY2QW5HNDhXTmtNdldOazNaNm5kZy1lUjRzU1Y0MTFObHZxeDdWV1R1RGoxZkRUSThGNU5wTHdnSHZOU00wc25iUG1TLWtJV0gxbDdPSmpuRg?oc=5) · Banking Exchange
- 2014-02-18 [First National Bank of Polk County to merge with SouthCrest Financial in March - The Rome News-Tribune](https://news.google.com/rss/articles/CBMimAJBVV95cUxNVWV1Y05QaDlOV29JbHFlb1RMWWlXcDZUZzdtMmcwekc5TmZXYzcyTllLREJud29aVjNiaW9NSDN2TjF6OTZXdnRXUjliaG9EdnBJRmh6RlY5eGFrX19admR1N2dpcEZPY1hOS194aDVwMFJtX2F2QlZROG1sdzhHajNSTGxjSURwUFRvVjhWWS1CTi16RmdHYW5NeG5jVWU5YzR3WjY1dUFES1FTOE41QTZTMk5EYUwtbnNVc2UtQzk0ZnN6RWp2V1F2ZzhuVlZvckRFUl9RQjZJdTl2a25jYy03X0NIaWg4RTlCQmp2VnJQNWM0MENzMUNZdS1ES1ZrUlhpSW9oUU81UndaVWVkZEhNRExPRUVY?oc=5) · The Rome News-Tribune
- 2026-04-09 [Janie L. Braddy Obituary (2026) - -, GA - Cox Funeral Home - Manchester - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxPU0FoNV83amNFVnllMFJVSlRhYTd0LTRXU0FzSTMzOW9sR0YwNVJ3eHQwcGg3eGhHZXZ1M1o2QmV0MXdfeVJMeHZPNFl5M3RCYzZvR3FiYjI5NFdqZ2tqaUVRWDlDc0ljUXgtcU9TeHFGNXhaaWhqbU1WVkh3ZzIwdg?oc=5) · legacy.com
- 2014-01-07 [Zack Cravey Obituary - Brunswick, GA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxOd1BCc0lTUWZydHFRZ3NEaF9ZTXM1dWU0em5HejRSOGRGRGllVDJQNENMdXlqZllwYXY4Sm85elRpYWtnRmlVYWR2UEZYOGdKY3oxWWlFQkdZWjg0Qng3SkVORF9VdmZzc0Vxc3BDTm8yaVA4bzkyQk5qOVpCeFRaQQ?oc=5) · Dignity Memorial
- 2019-08-08 [Avondale Estates Mayor Pro Tem Brian Fisher to run for re-election - AJC.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxPRTAtUnF4ajZ5ekZJZWdMVi0wb1cxWS1mTUNjaGh4V091RTV1SGxHMG9JejhzZW1uRV9rekFnejUtOW1GUWplV2J6MmViUXdEOWhJUU81NXN4SFNjNlJfRXppQWlqemNlTDNUUmVqRlNrOUc5cVlsMWw0SkxXTlRNaFJnMGJfSUs2ZVVMYXZmTXJkUTJSZmU2V2dEejJ1MEdZLVFlWVItaHk4Q180eXpGSjZtNElXdw?oc=5) · AJC.com
- 2016-01-21 [The True Cost of Living in Georgia - SmartAsset](https://news.google.com/rss/articles/CBMidEFVX3lxTE4wOWRTeHRGUHExbHpjRUVBU0QxaXJmMGhya1F5U1BrM1AzenljamZGMXdCMWo4SEFLQVhIb3JQVEEyRDJKSUdGN2RSdllpTmgzSjY3dUZ2WF95b0FTZ2tTOGloTno4R3R6SktuWkEzeUV0Sy1J?oc=5) · SmartAsset
- 2025-07-24 [John Philip Hester Sr. Obituary (2025) - Gainesville, GA - Little & Davenport Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTFBXUWtUc0hoeFg5eEVLWXVyQ3V4ZnNvXzF2T3MyWmx3VHBMYjZBMHF4dGFaZFpwLTVRVjFQUXRackxISXNDanJ0YlJRX1hXM1NOUnBCYlM3VDJRU3JGUjJfWkRCMnQyREo0cWI2aURQZWpnaDlPS0NJWFo0QzRFTnc?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17041 (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/17.json (key "17041", 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