# FIRST NATIONAL BANK OF ELY
ELY, NV · FDIC certificate 2273 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $132.9M | |
| Deposits | $119.3M | |
| Loans and leases | $21.7M | |
| Total equity | $7.8M | |
| Loans / deposits | 18.13% (p5 of band) | 73.59% |
| Liquid assets / assets | 78.67% (p96 of band) | |
| Uninsured deposits / deposits | 43.40% (p94 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.33% (p70 of band) | |
| FHLB advances / assets | 4.33% | |
| Tier 1 leverage | 10.52% (p32 of band) | 11.76% |
| Unrealized securities loss / equity | -78.57% (p2 of band) | -6.57% |
| AOCI / equity | -4.65% (p2 of band) | |
| ROA (annualized) | 1.38% (p62 of band) | 1.17% |
| Net interest margin | 2.93% (p11 of band) | 3.93% |
| Efficiency ratio | 53.28% (p20 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 34% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $236,000 (1.09% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.0% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 2 | deposits shrinking, assets shrinking | capital falling |
| 2013-09 | 1 | AOCI drag >20% of equity | deposits shrinking, assets shrinking |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2015-06 | 3 | charge-offs p90 |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 2 |  | charge-offs p90 |
| 2016-03 | 2 |  |  |
| 2016-06 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 3 | capital falling, losing money, NIM <2.5% |  |
| 2017-06 | 2 |  | losing money |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | losing money |  |
| 2018-03 | 0 |  | capital falling, NIM <2.5%, losing money |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | AOCI drag >20% of equity |  |
| 2018-12 | 1 | reserve under noncurrent | AOCI drag >20% of equity |
| 2019-03 | 0 |  | reserve under noncurrent |
| 2019-06 | 2 | capital falling, reserve under noncurrent |  |
| 2019-09 | 0 |  | capital falling, reserve under noncurrent |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 2 | capital falling, NIM <2.5% |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 5 | AOCI drag >20% of equity, securities losses >30% of equity, noncurrent p90, reserve under noncurrent |  |
| 2022-06 | 6 | assets shrinking |  |
| 2022-09 | 5 |  | NIM <2.5% |
| 2022-12 | 5 |  |  |
| 2023-03 | 4 |  | AOCI drag >20% of equity |
| 2023-06 | 3 |  | assets shrinking |
| 2023-09 | 6 | AOCI drag >20% of equity, deposits shrinking, assets shrinking |  |
| 2023-12 | 4 | uninsured deposits leaving | noncurrent p90, reserve under noncurrent, AOCI drag >20% of equity |
| 2024-03 | 3 |  | uninsured deposits leaving |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | assets shrinking |
| 2024-12 | 1 |  | deposits shrinking |
| 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)

- 2025-02-07 [BAARX receives donation from First National Bank of Ely - The Ely Times](https://news.google.com/rss/articles/CBMikAFBVV95cUxNWDZwMkNxTWZGQ3NYcElNSkluN3FNZU9fSXZ0TTBwdzhhOVo2OFFGaExra3REWUZROGJLX1ZqQW1GTVB0VG1lV3dJUGI3WTBtZy1EcWZpM2dUUGhaQnZjQlBGT0hjMFh4MnBoNEtqX0puekJJUU9DTXFTYm5BOWY3NjFFOTNkM0VsZzZMN3VqMDc?oc=5) · The Ely Times
- 2013-12-14 [First National Bank of Ely offers $25,000 challenge grant for Nevada Northern Railway - This Is Reno](https://news.google.com/rss/articles/CBMiowFBVV95cUxQMjZnN2RnMTNLR182MlhuT3ZBeXd2S3NwR1Awajd3S25JSEhPWHFLWk45YUpyLVJVMFhjSHZ5am9QcF9hVHdqZTV1RTJPOW5oNjNPV0tOT2poQmYwZllvdURRb3BRajdkZlZtZmtUanFnb1hpZXhLVl9UeVJ0MDNKWU9FTENTenNxOThQbEFvdzNoUDh2RUkxcUo4RGd6ejhfbGdn?oc=5) · This Is Reno
- 2015-07-27 [Rare Nevada notes in auction - Numismatic News](https://news.google.com/rss/articles/CBMidEFVX3lxTE9Ybm14a3YtTV8zenRxdGFNU29RYjgydGpVbXZiSno2cjZDZkxCTUJEZk5TWFVzR0FSRnBzSEgybDFGXzduaFNabm9BWjdia0l0ZzJ1MXZBX19RYlF3b01GWUlhdE9xNmc4bWFQVHYxWHpVeEhw?oc=5) · Numismatic News
- 2011-05-11 [Former cashier gets 78 months in prison for embezzlement | Courts | Crime - Las Vegas Review-Journal](https://news.google.com/rss/articles/CBMiogFBVV95cUxOUHo3ZXFIdVdzY3QyTkJybm5ZckZzQzJzeTRLTmdTbnhKenBmQ1FnaE14SEktMTRiSy16dGlyNFNUdi0wWEtuVlUwYzVQNWFpNEJ4RTZ5WHZpZ1NCY2F5d3ViMU84YUFrbHhmd3hVdDhORHRTZ01rRGNEcVUzd0diSklBT1NkWl9UM19RQmlqcGFaa0FMYjc5Y2YxdjdIUEJITEE?oc=5) · Las Vegas Review-Journal
- 2015-07-15 [Holabird September auction to feature Nevada banknotes - Coin World](https://news.google.com/rss/articles/CBMipAFBVV95cUxONC14Ym9nZGtrUUl5SVRwY2J1U1B2NGFnZ244VnBhbXJhLVJ5Szc5bndfMUs0R2ZkbGNXOVN5cGhJaGFVWHg1a1ZUUnlRTlNYY3VnTHRSTnNreHo3bEVvd0s2TXFuLWtrbUZyUFczU3BQU2tEWk1Eb0ZtSXQ0TUluYk44Z3NXeG1vUm1IYjlxTjAwbTBLZU92TEVoQldSdXF1M3Itaw?oc=5) · Coin World
- 2012-11-12 [Walter Benson Obituary (2012) - Elko, NV - Elko Daily - Legacy obituary](https://news.google.com/rss/articles/CBMijwFBVV95cUxQRmRHSE12VW9XTEY4NEVuNzRnM3ZyWlVSckMwbU83V09BVDNzX3VJc0J0cjByRFJISE9xWnlaUlEzcUh4bWNPdEFzVFVvTG1MbllZTXJHdHB3bmYtQm14aXotc3ozSjNXNll5ZU5lLTZVcHFQeGZNckludVNsa3Zic1o3OE80ZnJaNWY0X3lVZw?oc=5) · Legacy obituary
- 2015-05-29 [Barbara Jean Cahill Gianoli - The Ely Times](https://news.google.com/rss/articles/CBMia0FVX3lxTE1ueFJlQTM0LVN0RVBvNzgwa1RVUk45Y2c3ZkJUWEVnZ0gzbW1BZ0ppaWpJTmRXYnUyTmp0VG9PM3BKWnlNQXV6Q3ZPRGxxcUgwajB0MVk2SEJRNXlKajExTV9kdjB2RktLdDRn?oc=5) · The Ely Times
- 2021-10-07 [Barbara Gianoli Obituary (2015) - Reno, NV - The Reno Gazette Journal and Lyon County News Leader - Legacy obituary](https://news.google.com/rss/articles/CBMiigFBVV95cUxPODNJZ0VfMXdqTzJIWEVLMUxqVFRyNzM3d0xSU0N0X1YxZVRNUnEzeTNPNXQ2Nzdld0RFSUhLYlZESEczNV83NnNxLWNteEtGTlk4aXc2U1YxOHkxNzV4em1SREtYUVF4amlzUHpUUTNXSXYyc01DdEUxVmZWcEU3TjF1bW9hUWZRcGc?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2273 (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/33.json (key "2273", 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