# FIRST NB OF CRESTVIEW
CRESTVIEW, FL · FDIC certificate 17557 · asset band <$300M · latest filing 2014-12 · FAILED

**Verdict on the desk:** this could be *run candidate*. Composite score 11 (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 | $73.8M | |
| Deposits | $73.2M | |
| Loans and leases | $26.9M | |
| Total equity | $345,000 | |
| Loans / deposits | 34.62% (p7 of band) | 71.50% |
| Liquid assets / assets | 43.38% (p68 of band) | |
| Uninsured deposits / deposits | 4.41% (p10 of band) | 13.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 0.74% (p0 of band) | 10.45% |
| Unrealized securities loss / equity | -66.67% (p0 of band) | 0.49% |
| AOCI / equity | 83.19% (p100 of band) | |
| ROA (annualized) | -2.63% (p1 of band) | 0.81% |
| Net interest margin | 2.85% (p13 of band) | 3.66% |
| Efficiency ratio | 446.48% (p100 of band) | |
| Noncurrent loans | 0.78% (p51 of band) | 0.76% |
| Net charge-offs (annualized) | -0.29% (p1 of band) | |
| Reserve coverage of noncurrent | 726.19% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 1388.99% (p100 of band) | |
| Auto loans | $12,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -16.7% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **construction >100% equity** (`conc_construction`)
- **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 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  | leverage <7%, leverage <5%, losing money, expense ratio p90 |
| 2011-09 | 4 | losing money | construction >100% equity |
| 2011-12 | 6 | leverage <7%, capital falling |  |
| 2012-03 | 8 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2012-06 | 10 | leverage <5%, charge-offs p90 | deposits shrinking |
| 2012-09 | 12 | expense ratio p90, deposits shrinking |  |
| 2012-12 | 8 |  | capital falling, uninsured deposits leaving, charge-offs p90, expense ratio p90 |
| 2013-03 | 9 | expense ratio p90, charge-offs p90, construction >100% equity | noncurrent p90, reserve under noncurrent |
| 2013-06 | 11 | capital falling, AOCI drag >20% of equity |  |
| 2013-09 | 10 |  | deposits shrinking |
| 2013-12 | 11 | deposits shrinking |  |
| 2014-03 | 8 | uninsured deposits leaving | losing money, charge-offs p90, capital falling, AOCI drag >20% of equity |
| 2014-06 | 9 | losing money |  |
| 2014-09 | 11 | capital falling, securities losses >30% of equity |  |
| 2014-12 | 11 |  |  |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17557 (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/21.json (key "17557", 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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