# COMMERCIAL BANK
ITHACA, MI · FDIC certificate 18584 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $552.7M | |
| Deposits | $475.2M | |
| Loans and leases | $367.0M | |
| Total equity | $56.9M | |
| Loans / deposits | 76.54% (p38 of band) | 82.04% |
| Liquid assets / assets | 27.35% (p57 of band) | |
| Uninsured deposits / deposits | 22.04% (p36 of band) | 25.97% |
| Brokered deposits | 4.34% | |
| Wholesale funding | 7.60% (p69 of band) | |
| FHLB advances / assets | 3.26% | |
| Tier 1 leverage | 10.89% (p52 of band) | 10.81% |
| Unrealized securities loss / equity | -15.50% (p30 of band) | -8.10% |
| AOCI / equity | -1.33% (p16 of band) | |
| ROA (annualized) | 1.28% (p50 of band) | 1.28% |
| Net interest margin | 4.12% (p61 of band) | 3.91% |
| Efficiency ratio | 62.79% (p55 of band) | |
| Noncurrent loans | 0.39% (p47 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p48 of band) | |
| Reserve coverage of noncurrent | 234.20% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 4.53% (p9 of band) | |
| Auto loans | $1.3M (0.36% of loans; DQ 1.43%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -3.0% | |
| Employees | 99 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, leverage <7%, reserve under noncurrent |  |
| 2011-06 | 3 |  | leverage <7% |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 5 | assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 6 | deposits shrinking |  |
| 2012-09 | 3 |  | assets shrinking, uninsured deposits leaving, deposits shrinking |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 2 |  | reserve under noncurrent |
| 2014-06 | 3 | reserve under noncurrent |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 2 |  | reserve under noncurrent |
| 2015-03 | 3 | deposits shrinking |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 | capital falling | deposits shrinking |
| 2016-03 | 3 |  |  |
| 2016-06 | 2 |  | capital falling |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 6 | capital falling, losing money, expense ratio p90, uninsured deposits leaving |  |
| 2017-06 | 4 |  | capital falling, losing money |
| 2017-09 | 3 |  | expense ratio p90 |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | uninsured deposits leaving |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 3 | reserve under noncurrent |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | deposits shrinking |  |
| 2020-03 | 4 |  |  |
| 2020-06 | 3 |  | deposits shrinking |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 2 |  | brokered >10% |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | wholesale funding >15% |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 1 |  | reserve under noncurrent |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-12 | 1 |  | securities losses >30% of equity |
| 2023-03 | 0 |  | AOCI drag >20% of equity |
| 2023-06 | 2 | deposits shrinking, assets shrinking |  |
| 2023-09 | 2 | uninsured deposits leaving | assets shrinking |
| 2023-12 | 3 | assets shrinking |  |
| 2024-03 | 0 |  | deposits shrinking, uninsured deposits leaving, assets shrinking |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | deposits shrinking |  |
| 2026-03 | 0 |  | deposits shrinking |
| 2026-06 | 0 |  |  |

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

- 2026-05-06 [KeyBank Expands Middle Market Banking Team in Southeast Michigan to Accelerate Regional Growth - PR Newswire](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPN0lmTUd2WGhZWDVvNWxDYjN1cUhtVWZOa1M4UVhDSlYzc2ttU1NZbGtaVXJfMTN3dWFXNURuOWtweFMzZlZNVnRfUHUyS2w3OVM2dEdOaTFPSGthSmhKX3VYTXBtYjhlOW8wdEIzMEpKUkJxUDB2RkMyNmNBS05xMEVoT25sbC1iNEpvNVdDVGlGQkRPUk1uQUZZM0VPLXJ5MzB6S2NaWFQtVUNNVnphclRaNXkyQjkxUjZCUFlxQWdhZERqdXc2Qnp5TE5WY0hDanlTMG15U1VaUjRxT25WYlN5dHE?oc=5) · PR Newswire
- 2026-05-08 [KeyBank expanding middle market commercial banking in Michigan - Financial Regulation News -](https://news.google.com/rss/articles/CBMilwFBVV95cUxPX215Q2xmOWtvU2NtR215SXBBaEE0eDVOMTh1ZDhUNkV5RjNMakZWUHVLMmFRVlZ1eGtkSDgyaEFJbzZhSUxyVjBIRXVHVFR1U1p6Zkh5VzlNODFYOWM1UEhOcGwwaFFaYmpmQWdadWowaVJZSHRNb3M4OHF3LW5yWFc0VzRzbUhnRk1MUUtkdzB6eXZqaTMw?oc=5) · Financial Regulation News -
- 2026-03-30 [Cass Commercial Bank Names Eric Giering President - Business Wire](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQYUhUaEFvLWpMNGExX0xpWUVRN25wVkl2VVNmNnk0THZlY2hZMFNLVk1LdE1VbDg1cllxdmIzcGFwdEJ5NEk5OGgyNzJaX3FpUllwRy0xanM2UEIzeHNGZVQwWF9YZjBreHVmZnNkT1BzMklFRE5ua0dvTlVfb1d2OTVzdGMzNXhXSElvR3BVYjJZUGlPazZCamtXR3lvdERPMzNpdFlQNjFydw?oc=5) · Business Wire
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-03-24 [KeyBank’s Presence in Western Michigan Grows with Opening of New Office and Community Support in Grand Rapids - CSRwire](https://news.google.com/rss/articles/CBMirAFBVV95cUxOMl9jR1U3UHdpM0dhVmZpMGFBMjJLekVTSEFrNjgxdy1PYXV3OXh0ZkFuQ1Axcjl2RzMyZC1MaWNfeU1DYXlIaHhONGFSVHY5S3hiMEpVajFYLV9UcnplRmw2ZWJRRDRkeG85OEs2bUxPbE9xa1habEYwZUZuMFZtZnk3V2xhYWItSUppLTN2TnRMaUltbHZpeHJfd2tweW5ITEhVdy1EbWgwbXc4?oc=5) · CSRwire
- 2026-08-21 [Commercial National Financial Corporation Announces Quarterly Dividend - The Manila Times](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPUi15bDcyblpya2I4RVF5ckdBM2x5TEw2YXd0dTNvNWVhbnJOTGlKVGN6LWZ4bVJaZ285a3JpeHJRNU5NeEhpS1ZSSTg2cGVMbW1SNnF4b1BrMks3YXhsN3p3WkloemlVUlJJeHZyMXZpd3NfNTJVdWk0MVI1YnNkR1hzOVRxeS1ORXB1ejl4VUNWblU2em1GMlI1WFYwWHVjTU5QYWM3OVRlamNhNlduUVpSMi16Yk5RRlpRUFJ1RTEyMkhCeGhHMU1yaWo4VmhmYW4tUV9ZbElRczM20gHiAUFVX3lxTFBBcWJ6SWwzQkhBV2NjSkM5bzRhclJIVDNudnlrV01tT3FIbjRoZzJMQ0trYTJfdG1rV2NzM19QelV4NlRkVlhZSGZrbGNBVUJnWVkyVFlwc2IzeVBOU0FMYmM0cXRfQkM1dVlVdEVLUlIwemJCbWVfMlI0YWpzb3dmRWpWMnRmMkozM2dYUEtHcWVyazhpY1JRQ195TjN2RG50QnRNejd2eGUyZTQ4S1otblFaRWZPczFTWWtpblRNYXladU9kTERIN2lfN3g3U0RPT1lkT1BQY2R5RUJGUUVMOFE?oc=5) · The Manila Times
- 2025-10-31 [Oxford Bank Announces Modern Remodel Underway for Lake Orion Branch - citybiz](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPU3dxLWtnNEpIZ3hjUlZFNlA1OEY3VW8yV2ZIX3pjUUtER1VPaXpzV0pWenBUMjJjZjVUUXdEa1FrT0NGT0lOLTZHdXlkcTFoOHJNTkg0ZkZFYnNDR3owb2xPRVdJTGJfb1Q1aGFhZmV4MTJ4MXdCajdGMzB4d1BnTmFkSWtkZTV5Z2VCS1BuQ1lPUjVzSUs0OEppRE94VHpUQ3ltMVhYWHV5Zw?oc=5) · citybiz
- 2026-01-11 [Fifth Third Gets Green Light on Comerica Acquisition — What It Means for Michigan Business - moodyonthemarket.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxPck54SU00alE5TkcwbXFsWG9SSUdaRmdIcHhWLUJlSDgxUFNFQnc0SWN1WDNhLWhzNkhNQjFZMlBOZDVKN3VFU3pENDRMYjVQTHJobkprQ0dtMmRaOHROd0tmYVBzQjlJakJCZzlmM0NNT2RmSEk2dTZYc0hPODBLbm90N3JveWYyc0hpblplekZPZmZWdlpoT2RNUWUtNHFtQjEyeVdsZ1UwaEtMaFNUbTFMbFl2US1BQTB5RF90VQ?oc=5) · moodyonthemarket.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18584 (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/24.json (key "18584", 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