# MASCOMA BANK
LEBANON, NH · FDIC certificate 18013 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $3.03B | |
| Deposits | $2.62B | |
| Loans and leases | $2.51B | |
| Total equity | $258.1M | |
| Loans / deposits | 95.09% (p74 of band) | 87.10% |
| Liquid assets / assets | 13.28% (p15 of band) | |
| Uninsured deposits / deposits | 13.60% (p7 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.23% (p42 of band) | |
| FHLB advances / assets | 3.48% | |
| Tier 1 leverage | 9.09% (p14 of band) | 10.50% |
| Unrealized securities loss / equity | -12.23% (p34 of band) | -7.75% |
| AOCI / equity | -0.44% (p40 of band) | |
| ROA (annualized) | 0.50% (p9 of band) | 1.26% |
| Net interest margin | 3.23% (p23 of band) | 3.70% |
| Efficiency ratio | 83.92% (p96 of band) | |
| Noncurrent loans | 0.15% (p18 of band) | 0.51% |
| Net charge-offs (annualized) | 0.01% (p39 of band) | |
| Reserve coverage of noncurrent | 517.51% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 50.71% (p54 of band) | |
| Auto loans | $2.2M (0.09% of loans; DQ 0.28%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 1.7% | |
| Employees | 423 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 2 | loans exceed deposits |  |
| 2011-09 | 1 |  | loans exceed deposits |
| 2011-12 | 2 | loans exceed deposits |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 3 | capital falling |  |
| 2012-09 | 3 | uninsured deposits leaving | capital falling |
| 2012-12 | 2 |  | uninsured deposits leaving |
| 2013-03 | 3 | expense ratio p90 |  |
| 2013-06 | 2 |  | expense ratio p90 |
| 2013-09 | 3 | capital falling |  |
| 2013-12 | 2 |  | capital falling |
| 2014-03 | 2 |  |  |
| 2014-06 | 3 | expense ratio p90 |  |
| 2014-09 | 5 | capital falling, uninsured deposits leaving |  |
| 2014-12 | 3 |  | capital falling, uninsured deposits leaving |
| 2015-03 | 3 |  |  |
| 2015-06 | 1 |  | loans exceed deposits, expense ratio p90 |
| 2015-09 | 2 | brokered >10% |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | loans exceed deposits |  |
| 2016-12 | 4 | capital falling |  |
| 2017-03 | 5 | expense ratio p90 |  |
| 2017-06 | 3 |  | capital falling, expense ratio p90 |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | capital falling |  |
| 2018-06 | 1 |  | wholesale funding >15%, brokered >10%, capital falling |
| 2018-09 | 0 |  | loans exceed deposits |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | capital falling, expense ratio p90 |  |
| 2019-12 | 1 |  | capital falling |
| 2020-03 | 0 |  | expense ratio p90 |
| 2020-06 | 2 | capital falling, expense ratio p90 |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 1 |  | capital falling |
| 2021-03 | 0 |  | expense ratio p90 |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | AOCI drag >20% of equity |  |
| 2022-09 | 2 | expense ratio p90 |  |
| 2022-12 | 3 | capital falling |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity, capital falling |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | capital falling |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | NIM <2.5% |  |
| 2024-06 | 2 |  | capital falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | NIM <2.5% |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2026-05-11 [Androscoggin Bank, Mascoma Bank announce merger of parent companies - mainebiz.biz](https://news.google.com/rss/articles/CBMinAFBVV95cUxNRmZXWWZPOHdVV0JRa1dIU19lbk5wX2FrLUxRYnVqZF92MHhmeHg3SHJfTU55MEgxc091TTNKNW5URnZwT2hwQTUxU0RSS25sN0I0ZEd1OV9XRHNQNU1mZURkWHdKTUNmQmNGQnVfRmdheldWeDFKRGFPVXlXSk85ckp2d3E2N2YtTWFYNnpWUWZIYzk0WGtkSU03VlM?oc=5) · mainebiz.biz
- 2026-05-14 [Mascoma Bank and Androscoggin Bank to merge - Valley News](https://news.google.com/rss/articles/CBMidkFVX3lxTE9RR1VzMnRFV21vUFFmT0M2NXRSZktBUHlSQ3ZwZTVpX3E2NkhjRTd0Y0F5NFZGM3lvVE04TlNlZ05VR1NNY1Bfd2Y2cEFmUUZQdzJTaE00ckxDdWRjbm5lUTFBemw5dTFXZGZWelpjdDdlcUkxMFE?oc=5) · Valley News
- 2026-05-14 [New England mutual banks partner but it’s ‘not an acquisition’ - Banking Dive](https://news.google.com/rss/articles/CBMirAFBVV95cUxPTWQwQlZ4N3JpakZTR0ZuYjE2bllPVXc0aDk1UjlXNHBhOTByc1JKcG5VN0hmS0NPWWIwTnlaVW9vM3pQdEpiVlhGMW01YWVLYVROWm9VZUNJeXV6WGpleko2M0ZveUMxVE81WUVKNllteF9kMjJjeFE0YW03akVDSEszM1lyYkQtcFVCemgzUGx0S0tuZHR5cXNCdVRjU3B5aUotNWh5MnFKQ01Q?oc=5) · Banking Dive
- 2025-11-20 [Mascoma Bank adds to its Portland team - mainebiz.biz](https://news.google.com/rss/articles/CBMid0FVX3lxTE9tb1dFckM2Y2l4ZWhMWV9aRy04bkh5YmVPRk1faVM3MEZXZ2k4MjdTUmNfRkhqQ3NnVjFGMDdaY1ZPTWwyX3haemNqMmNFc1ZUbWZsajVPci0zbC1vWXJ3cW1NdjFPcHIzUElMSTF0VTZ4NUxNOEpF?oc=5) · mainebiz.biz
- 2022-06-02 [Mascoma Bank Selects Upstart for Personal Lending - Upstart](https://news.google.com/rss/articles/CBMipwFBVV95cUxPTGhWd3IwM3BETVZkbEpJc05WSVVZa2dQMHJRQTByb1RmeGpuWloyM1BTczdVNVM5UlEwTjZ3WmhtRFBJclYzQkU4cEhudFFWTjVQeTNTR2dZN1hRRGU3NEctVW1iTWFmYllxX09sekMwellxTGlXQ1JxYVRmRUNSVy1IU1o3UF9yMXVZLVh2RV9qTW5pUGQzX1dBRHQwQndnU1hzb1ctOA?oc=5) · Upstart
- 2022-11-02 [NH Delegation Announces $55 Million for Mascoma Bank to Support Small Businesses & Community Development - Congressman Chris Pappas | (.gov)](https://news.google.com/rss/articles/CBMi3wFBVV95cUxPblo4OFg3VU1TcmVVX3RoeUhNLXkyZnpmQWMtRVJzNnhNYlZsSzhmV0tzTVhTWXMycmhYeDhGakVfM0taTG9CQ3RzbGtDekpqSGNOeXdScEFRS0NxUmNYWC1iMmk4OHA5d3NqSEdCd3VXN04wSHpSaUROdXlmaDRlTHhjUC11V0pKZHNXbUwtY19yZ2NQNS1zSDljcEZET2lIc2NrZF9DOUs3LUZjWHEtcGpyU0pIbEF5VmF0Vl9RYTZWa0t1S09sTHNYT004UlhuMkM5WVdEaWtYNGVCdlcw?oc=5) · Congressman Chris Pappas | (.gov)
- 2024-05-30 [Business of the Year - Finance/Insurance: Mascoma Bank - Business NH Magazine](https://news.google.com/rss/articles/CBMimAFBVV95cUxNOExCUVRJZXJlaG1jVVE0ZzB5SENUb0RTMm9pQ2s1UDZhdlpJbEtKLU04MFBsVkpFZ0lnU2dsdHh0NG41bTd2a3hTZURHLUtPSFVDQUZQU1ZMYk9xWHI0X3ljTE1rV2RRNThNT1dhOGt5NVN4UHZuR2FhMWxveEgxNjVZMHEwSWVldlo1Y2hQQUdGUDZ1cWViNA?oc=5) · Business NH Magazine
- 2023-04-04 [Mascoma Bank names two new board members - Vermont Business Magazine](https://news.google.com/rss/articles/CBMiigFBVV95cUxOb3BCV3RTT0xqM3g5WGpoS2VUbnlyaXJWaEI5SEoxRDdJQzU5NVVRZTlGbWR1SmxYMzBOX21fNzlqMHlYdmxObllXTS1Ib0tiZFZYd3VXSXJtMlZFbTdjUDhXUTFxSGc5SHZUU1ZvM3UybldxcG11M2JsNzRHZWo0VWJfLTM5X20yS3c?oc=5) · Vermont Business Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18013 (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/29.json (key "18013", 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