# PALM DESERT NATIONAL BANK
PALM DESERT, CA · FDIC certificate 23632 · asset band <$300M · latest filing 2012-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 13 (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 | $129.3M | |
| Deposits | $129.0M | |
| Loans and leases | $76.3M | |
| Total equity | $83,000 | |
| Loans / deposits | 56.13% (p28 of band) | 67.95% |
| Liquid assets / assets | 22.57% (p19 of band) | |
| Uninsured deposits / deposits | 2.82% (p15 of band) | 8.38% |
| Brokered deposits | 5.13% | |
| Wholesale funding | 5.13% (p68 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 0.07% (p0 of band) | 9.95% |
| Unrealized securities loss / equity | 0.00% (p11 of band) | 2.77% |
| AOCI / equity | 0.00% (p58 of band) | |
| ROA (annualized) | -6.20% (p1 of band) | 0.78% |
| Net interest margin | 3.10% (p18 of band) | 3.77% |
| Efficiency ratio | 411.67% (p100 of band) | |
| Noncurrent loans | 20.55% (p100 of band) | 1.40% |
| Net charge-offs (annualized) | 0.77% (p90 of band) | |
| Reserve coverage of noncurrent | 24.72% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 15825.30% (p100 of band) | |
| Auto loans | $50,000 (0.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -43.3% | |
| Employees | 33 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 10 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  | expense ratio p90, charge-offs p90 |
| 2011-09 | 11 | liquid assets <10%, expense ratio p90, charge-offs p90 |  |
| 2011-12 | 10 | capital falling | NIM <2.5%, liquid assets <10% |
| 2012-03 | 13 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2014-11-28 [El Paseo Bank: last local community bank in the desert - The Desert Sun](https://news.google.com/rss/articles/CBMikgFBVV95cUxNSGZjRjVRQVpLU1l4LWs1Qlc2SWI2SUVmNXM1Nm1DLUZBZVRyZkxhRzVFTkhlTjlOS1I1SnB5TE1nZmc1VjhFOTNVbGpXbDNVUUFtU0xHUWxSVXI4WGJQcDdCTnBVSDlSWlhFTkdLNklHMHVmejcybzVuVFZiNllOUVdpSDJ5N0RhLXVYNVM3ZDk2UQ?oc=5) · The Desert Sun
- 2017-01-01 [An insider's look ... from Palm Desert, Calif. - ATM Marketplace](https://news.google.com/rss/articles/CBMihwFBVV95cUxOX1cwOUE2SlBINE1iaFdxbmZWZG9CQjZfMkZRNG5ZbmpwUjJEdjgtSGdRd0FWaXBYa1BHVDZWb0lFcmsyUXlJZXpUNm0yR1VxRE9pWUN6WmIwajNtVWM5Z01TeFRremxGLTZ2QkJJLXpuNF9DZ0FXTXVzOW92b1hlNTRxelMxZkE?oc=5) · ATM Marketplace
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2021-10-14 [Julie Curtis Obituary (1968 - 2012) - Palm Springs, CA - The Desert Sun - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQSVk3UnUydVpMZGxacFFjT3RGR20wU3RrVHhMeWVXNzYwZ0xIRTJrbmxpZGthYUR0eXBnb0hmWmVMNU5aZGNlVG5pQVF0WEcwRlhKLXNRak1kZktlM1BtX3JpSUpDWFBCWEk0YXQ1NXZSWFJIenpjOHVWcmlnN2g3LWdPZzhsNE9vYXNKX1V5VjI5Zw?oc=5) · legacy.com
- 2009-03-11 [Peter Pocklington arrested in California for bankruptcy fraud - CBC](https://news.google.com/rss/articles/CBMirwFBVV95cUxPRTZYOW9rLTlVMnVkOHcwWm1pMmVjQkRoRGxfQzhCOWhOX2hNUTVrbVU1SHBGaHFYeUJkNUJmak5KSGI1T2xEd1VKb0NpMVVaSjFkQzR5bUpjWkhpaXpaamd5UWxLOGtRZkFYOFBhXzFGRHJnX1pxeXp5SWNlYlo0ZnRja1AxOUUzVTlFYWZFTHpjNWc3N1BOcks0Vzd1Vjl3aWVIU1VFTGVqalQ1LUhZ?oc=5) · CBC
- 2023-11-22 [Richard Elliott Levine - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNc2ctbTlzOERiaW1fRjllR1RTeUlBcUhRWnZNVFp2bHRHSUd2Z3R5RG1GdHlDVExTVUljaE5MalE3MHl6cjJqYkJpYkhqUnhJa1FNWERGZnktd0IwMERJZW9WUVdkeTh0QUVpSGtMUktnekM1aXVGeGN3Vm5TZjl2azA0R1JET1BmM2dkbF9Rc01nQQ?oc=5) · legacy.com
- 2021-10-29 [Shirley Oliver Obituary (2021) - Grand Island, NE - The Grand Island Independent - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPQXh3RTNCTnh5QlJwU2RERkdJMkJjSllUby00Nk1hSEZzSWpYNF9MTHNxTWI3OF9qV19ZVENoQXlIbE51YlV0ZjJ1OVdQR3h2LUdVUWNUeVhJa3JURTJXaUhxQ1A2LUgxZUJ0NGZXQ2RSWF9HeTJmZWVjc3pIeTJlaXdpQnZWNVpXTHpmZGZsc1FXekcwWUtB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23632 (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/16.json (key "23632", 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