# GORHAM SAVINGS BANK
GORHAM, ME · FDIC certificate 17748 · asset band $1-10B · latest filing 2024-12 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. 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 | $1.61B | |
| Deposits | $1.39B | |
| Loans and leases | $1.28B | |
| Total equity | $116.2M | |
| Loans / deposits | 91.01% (p61 of band) | 86.88% |
| Liquid assets / assets | 15.12% (p23 of band) | |
| Uninsured deposits / deposits | 17.42% (p12 of band) | 29.82% |
| Brokered deposits | 7.13% | |
| Wholesale funding | 12.04% (p67 of band) | |
| FHLB advances / assets | 4.76% | |
| Tier 1 leverage | 9.53% (p35 of band) | 10.06% |
| Unrealized securities loss / equity | -45.58% (p11 of band) | -14.16% |
| AOCI / equity | -2.41% (p5 of band) | |
| ROA (annualized) | 0.33% (p13 of band) | 0.92% |
| Net interest margin | 2.48% (p16 of band) | 3.23% |
| Efficiency ratio | 90.38% (p95 of band) | |
| Noncurrent loans | 0.48% (p54 of band) | 0.42% |
| Net charge-offs (annualized) | -0.01% (p4 of band) | |
| Reserve coverage of noncurrent | 153.23% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 41.30% (p39 of band) | |
| Auto loans | $911,000 (0.07% of loans; DQ 6.92%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 4.3% | |
| Employees | 195 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 3 |  | expense ratio p90 |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | expense ratio p90 |  |
| 2012-06 | 3 |  | expense ratio p90 |
| 2012-09 | 3 | loans exceed deposits | brokered >10% |
| 2012-12 | 3 |  |  |
| 2013-03 | 4 | brokered >10%, expense ratio p90 | loans exceed deposits |
| 2013-06 | 4 | loans exceed deposits | expense ratio p90 |
| 2013-09 | 4 |  |  |
| 2013-12 | 3 |  | loans exceed deposits |
| 2014-03 | 3 |  |  |
| 2014-06 | 4 | loans exceed deposits |  |
| 2014-09 | 4 | capital falling | loans exceed deposits |
| 2014-12 | 4 | uninsured deposits leaving | capital falling |
| 2015-03 | 4 |  |  |
| 2015-06 | 3 |  | uninsured deposits leaving |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | expense ratio p90 | reserve under noncurrent |
| 2017-06 | 3 |  |  |
| 2017-09 | 5 | loans exceed deposits, capital falling |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 5 | uninsured deposits leaving | capital falling |
| 2018-06 | 4 |  | uninsured deposits leaving |
| 2018-09 | 4 | capital falling | loans exceed deposits |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 3 |  | capital falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | reserve under noncurrent |  |
| 2020-03 | 3 |  | expense ratio p90 |
| 2020-06 | 4 | capital falling |  |
| 2020-09 | 3 | expense ratio p90 | wholesale funding >15%, reserve under noncurrent |
| 2020-12 | 2 | reserve under noncurrent | capital falling, expense ratio p90 |
| 2021-03 | 4 | expense ratio p90, charge-offs p90 |  |
| 2021-06 | 2 |  | brokered >10%, expense ratio p90 |
| 2021-09 | 2 | capital falling | reserve under noncurrent |
| 2021-12 | 1 |  | capital falling |
| 2022-03 | 2 | losing money, expense ratio p90 | charge-offs p90 |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | losing money |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 7 | brokered >10%, wholesale funding >15%, capital falling, charge-offs p90, uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 6 | NIM <2.5% | brokered >10%, charge-offs p90 |
| 2023-09 | 3 |  | capital falling, uninsured deposits leaving, NIM <2.5% |
| 2023-12 | 4 | NIM <2.5% |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 3 |  | wholesale funding >15% |
| 2024-12 | 3 |  |  |

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

- 2025-01-02 [Gorham Savings completes merger with Maine Community Bank - Mainebiz](https://news.google.com/rss/articles/CBMikAFBVV95cUxQbjZqU3BvamVMQXE4Y1BmZFNQQkxlRmRXTjhPVVNmVGREamMzY2stX1NuRFJmM2ZIRm5uRno5Rm9FRVc0cEs1bkhfYVR0TkdIUVozb1NSRWkzekFaeGFiZlRTS0pNaEtLU0tRaEx4bWpEMnd2UU12ZnZVUDFaT2MyZXN6TGhCQzdPdk8wODFGN3M?oc=5) · Mainebiz
- 2019-01-03 [Gorham Savings Bank President Steve deCastro takes reins as CEO - Mainebiz](https://news.google.com/rss/articles/CBMimAFBVV95cUxQa0QxUFhMWk5oX1kwRGwtcjJWOHJ1aGZDSUFGYWMwUUs4LU5SSWlwUldGdUlfSFJuaGEzM05jUHdaRF9xejNsWEt6dkVfTlYtV1JUVm1SbUE3YUZsZFF5VjNCdHBKUnl3amotQndYUWVaR05JbnVhWkN0OHE0S1g5S2c3alZ5Q01TSlR2N1RFWTE3TjZoUGJOeQ?oc=5) · Mainebiz
- 2018-04-02 [Longtime CEO who led Gorham Savings Bank’s growth spurt to retire - Bangor Daily News](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNajNJekJxMWJsM0dEQVktV0ZOU1FpNmRTYVBjaTFNVmU0d1Z3MU5CODdLVnlkdm5OQzRTRFpsTnhtNHFXcnNDdUVwUHB5d1EzOUtLTjVaV3lIcFotcG1faThBRFdqcVBSLVJuNW9xRk1tMy1kcVhwYVJ5MXgwMWpoSUJ5VDloaVJYRF92TlhxRHNLLXNKTHN0YXpjMEQycmNxSTFCWW94bG5UdWdBcGxhUW0yX205UEQw?oc=5) · Bangor Daily News
- 2025-03-18 [Gorham man pleads guilty to using gun during Waterboro bank robbery - WGME](https://news.google.com/rss/articles/CBMiswJBVV95cUxQRUVJbGh3VWtEb1hSUlJRTkJPX0NFX0dCOFJmUTRPOWhubUkwYk5HYkp1MmtRQi01QzFXb2c0N2lTb3ZnLTFBeWg0OFFSbzZpU1B5TW83cG9VbWEyeWtPNnMxbngzNVhhVWMzWTM5Y3RITTZBOHVtdTFGMzFxMjhTaWUxaG5vWk1TZXB6WlRTTWV1WGtQSU5WUjNzVGxKZkFCVHZScWgwLW5CcnJEek5qMk1oTGl5V3JIRUU1RzRjRGVmVUpOUThqU0JIOGdVQ2NQcHZjcWF2Rno0Y0V4WHNyeWRlNXkzbWlTV2lZUkd1eEVmY0V4bzdrLXFKMDJBUk9LRDJTcW5FckVSUjlpd0p6VDBQXzlIVUhodkQtSTZqeEZ6b3Z6aTBCNFNqNmt1RGRqZ2h3?oc=5) · WGME
- 2016-07-01 [Avesta Combines Healthy Living Center With Affordable Housing - Affordable Housing Finance](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPV3JpUUl2QkM4ZGFCT0hLbDU2TjBYYmVFck1WNzdRd20zSklwakk0WHNkSHl0ckVTZkxlRDZlZkdudmNzdjFpZC12a0JDX3N2X1phNDlydlplUjNWU3QxcnpOazN2dm9aRi1GZzgwcVhHWEwwcVJQbUFDUmpPbFNNMEtfeUJxVnlVSS1WQWhjdFh3anhHemVFRU9CN0dkcEIxNXk5emo2WHRUZm8?oc=5) · Affordable Housing Finance
- 2024-10-05 [Patricia F. Long Obituary May 26, 2018 - bryantfuneralhome.net](https://news.google.com/rss/articles/CBMibEFVX3lxTE85Q1JWcUZoTFlPaW9pUzhjSzZMRURNVnh6VlpMS0dBX0hKWTZyNm53LW12NGZhTEtDZU9lUUxVWDVUMWhJc2RobzVRS19jXzI4SkZBOFc1RHMzdnZrRFFCTlBySnhzSTNWdVV2RQ?oc=5) · bryantfuneralhome.net
- 2016-11-24 [Carmelita Ruth (Stubblefield) St. Pierre Obituary Nov 24, 2016 - Dolby, Blais & Segee](https://news.google.com/rss/articles/CBMigAFBVV95cUxPXzdKT0EzVXdpdHRSYVBxTEEtQkJaZmdLS2ozektqLVR1VEl2MFZBMEpWNEpGM2xIZG1XeWlyWmMtV3kydmZLMF9HdFVSbXNsWmIyZFgzbFFRWkxOeFpkR290UFFmSDZZNVhyV3JZQ0RsbFZwWUowTFM4bmxlUWtDSw?oc=5) · Dolby, Blais &amp; Segee
- 2018-03-14 [Steven Reali Obituary (2018) - Portland, ME - Portland Press Herald/Maine Sunday Telegram - Legacy obituary](https://news.google.com/rss/articles/CBMingFBVV95cUxNalRxT2ZGZ2N0dlNjY1UwVUF2SXlXZ3FLZ1l5WGlVZTJzSEtBZ1FZdTJ1bW5JaExOeFp1cUpMUE1FOXdIaUhkenlValRpYm5jZkZmRUZNTktzZ05HZldxblktOHUwbWV0SHo4Snk4MDhqdGdCUkl2LWlPQ0Myak9UWk1zTEJoQTV3dXN1LUVncGlWUmJaZXJwdHA5NTZjUQ?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17748 (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/20.json (key "17748", 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