# MORRIS BANK
DUBLIN, GA · FDIC certificate 17910 · asset band $1-10B · latest filing 2026-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $1.60B | |
| Deposits | $1.38B | |
| Loans and leases | $1.17B | |
| Total equity | $199.5M | |
| Loans / deposits | 83.54% (p43 of band) | 86.15% |
| Liquid assets / assets | 23.44% (p57 of band) | |
| Uninsured deposits / deposits | 46.62% (p86 of band) | 30.71% |
| Brokered deposits | 0.09% | |
| Wholesale funding | 0.09% (p15 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.91% (p75 of band) | 10.45% |
| Unrealized securities loss / equity | -13.19% (p35 of band) | -8.13% |
| AOCI / equity | -0.12% (p70 of band) | |
| ROA (annualized) | -0.45% (p1 of band) | 1.22% |
| Net interest margin | 4.59% (p90 of band) | 3.64% |
| Efficiency ratio | 106.06% (p99 of band) | |
| Noncurrent loans | 0.63% (p56 of band) | 0.54% |
| Net charge-offs (annualized) | -0.09% (p1 of band) | |
| Reserve coverage of noncurrent | 212.45% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 90.60% (p83 of band) | |
| Auto loans | $2.0M (0.17% of loans; DQ 4.55%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 5.1% | |
| Employees | 180 | |

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2026-06-10 [Gray man sentenced to 12 months in $3M Morris Bank fraud case, last tied to FBI probe - WGXA](https://news.google.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?oc=5) · WGXA
- 2026-02-27 [Morris, Pinnacle set for merger - Statesboro Herald](https://news.google.com/rss/articles/CBMiekFVX3lxTE14cm5xMi00YktlSVo5YkgwaFBXV1hrSFp0SWpISzZ1bTFVUHJ2RVJ0Yk0taVhHeWo1WXh6NnVFSG5MVE53MEhxQTBaN3VZT3RyMS14TV95SlRSVnE4elNQZUU5alBnSkxiZEgtR1lWczZrX2ZUc3ptSndn?oc=5) · Statesboro Herald
- 2025-11-22 [Statesboro's Morris Bank to merge with Pinnacle, forming a $3.8 billion community bank in Georgia - Grice Connect](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOc0pxS0kyejgyaTJYU1lub2psZVlJMmxqSVRJc2VHN3N3eFdVcDNhczhHNXhWTVhyVHdRN2pyZFpmNjlZSXNLQlFxVi1yQjFodnY3enlEWGxkZE5Hd0ZIdkh5RGwyLVMtNDZwMFZDYzR0MVNUYmFMR1p3Qm9GREh0V0ZuckNFaWY5cE5uSDJkM29hejVtOWhNNmZlc0p0ekhqR09sYTdCLWlRWTZMMkJKZ3NsdXAwUk9uU1pfTGxHc1lPcGd5ZVJDN0JPLU9oOFpuclZYN28wSQ?oc=5) · Grice Connect
- 2026-06-04 [DOJ: Final defendant sentenced in $3 million Central Georgia bank fraud scheme - 13WMAZ](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOTzRlNDFhdDJFRzVtTExrRWJ2b0lBTGd4ZURQdEZuOGF3bm9wZ2FJaEd4UFFrbzgxcU4yOXFNd3lEcUVRejNmdUhuUjdXZkpqV05uZThMbnpkeTAzQkQ3X3EwZ0hEbUtOYmVNdkxrZHoxRTBqa25DcS16V19iWDRtajlFWGF0eW5XS1k0d0ZHMHNkVTRubjV2aFVadWlqZEkyalh5UUpCQURCOElNWFFPZkFRdjZOYjkyR3EwTi1mT2xmc3ZlVUV5ZXBqWTJ4bHVweG9HYzBYZjU3aXNUM0EtdWZwN2tnMDM3WXc?oc=5) · 13WMAZ
- 2026-06-04 [UPDATE: Final defendant sentenced in Morris Bank fraud case - 41NBC News](https://news.google.com/rss/articles/CBMidEFVX3lxTE1kMVlhN2M2MDRGTzFUOFFnQ0xvU3FvY2dfUHJycjNoVW9VX1lMT0dXVFVqZDQzTlFDNlBveWFrOEZiX3VjczhRbzkyV0RXQ2J5dmhGVURyaDVDT0d6MDBwMXoxUkd3eVkzM0xfWGJSWDFLUHZM?oc=5) · 41NBC News
- 2026-04-01 [Vallant Financial Completes Merger to Create Leading Georgia Community Bank - Business Wire](https://news.google.com/rss/articles/CBMizAFBVV95cUxNLWF1a1JVdGNyU0F0V2tvUVhtWC1rVHNSV2F3MEV4VjRsVTZsekNPQWpJRFQtZ2FmRlg3WjlPLW5CeU1Gd3FQcjlTRDlORnEwSkpkRm96amh1akUyUUExbm4wMDhJSkJsRURubDEwT2g0Tm04ZG41TmdTTkIxUWVGYzRVaFY2V1JVX3ZQdUJNWjAtYktLUElHT0NTSXBCSjE0VTJ4SXdfWEdoejR0U0dzZm1femhnTzVIclRzekZuRzdHUnM2ZU9zT0NIbjg?oc=5) · Business Wire
- 2026-06-17 [Vallant Financial Announces Strategic Transformation for Vallant Bank - Yahoo Finance](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQSGNWUzF1VjBhWUJBNFFORmtlNFpSYzNXWHhsanF4LUtJLTRfZ3lyYVhKc1NaX0JnMnQtRU1Ld01udTQwa2lHMFBoRkthRTVYWkZESUx3bUdpQWdXN2lYU055ZnI0TDNHUDAzTjk0MUpGSGR4NXpuU1FzWEdXMVlBc1FhaGtjT2xOOTVmaFhQUi1GbHVGN3hPMlE5cDBQN3pSenZpcjQ1LWJ3U3FySEpGbnk0MjZqSWNS?oc=5) · Yahoo Finance
- 2026-04-08 [Pinnacle Bank Merges with Morris Bank to Become Vallant Bank - 92.1 WLHR](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQTkZtWVVHNXppeXRpMS1iYTJGZUZHa0NKalpGNnFSTFJDX25hWE5Wd0FrdDcyOWk2VDItWHZBa09jVndpT3hXaEQ3dUdKOVE5SFRGU2xZWUFudFp0d3FuaVpDdF84dGV5T25OUVRmTmxkVGpyMmZCT242UnRvb05waThzekMwZkxp?oc=5) · 92.1 WLHR

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17910 (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/54.json (key "17910", 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