# LIBERTY BANK
SOUTH SAN FRANCI, CA · FDIC certificate 23754 · asset band <$300M · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. 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 | $298.5M | |
| Deposits | $262.0M | |
| Loans and leases | $209.8M | |
| Total equity | $35.6M | |
| Loans / deposits | 78.93% (p78 of band) | 61.37% |
| Liquid assets / assets | 28.33% (p24 of band) | |
| Uninsured deposits / deposits | 35.71% (p88 of band) | 20.48% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.00% (p67 of band) | 10.54% |
| Unrealized securities loss / equity | -3.14% (p81 of band) | -19.24% |
| AOCI / equity | -1.73% (p77 of band) | |
| ROA (annualized) | 0.34% (p19 of band) | 0.80% |
| Net interest margin | 3.13% (p54 of band) | 3.08% |
| Efficiency ratio | 84.76% (p79 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.23% |
| Net charge-offs (annualized) | 0.00% (p48 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 96% | |
| Construction % of loans | 20.63% (p52 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.5% | |
| Employees | 39 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 | losing money, expense ratio p90 |  |
| 2011-09 | 5 | charge-offs p90 |  |
| 2011-12 | 4 |  | expense ratio p90 |
| 2012-03 | 4 | expense ratio p90 | charge-offs p90 |
| 2012-06 | 7 | capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2012-09 | 5 |  | capital falling, uninsured deposits leaving |
| 2012-12 | 1 |  | noncurrent p90, reserve under noncurrent, losing money, deposits shrinking |
| 2013-03 | 0 |  | expense ratio p90 |
| 2013-06 | 3 | capital falling, expense ratio p90, assets shrinking |  |
| 2013-09 | 2 |  | assets shrinking |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 2 | losing money |  |
| 2014-06 | 1 |  | losing money |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | expense ratio p90 |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | deposits shrinking, assets shrinking |  |
| 2018-09 | 1 |  | assets shrinking |
| 2018-12 | 2 | assets shrinking |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 0 |  | deposits shrinking, assets shrinking |
| 2019-09 | 1 | capital falling |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 1 | expense ratio p90 |  |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 0 |  | expense ratio p90, capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | deposits shrinking |  |
| 2021-09 | 0 |  | deposits shrinking |
| 2021-12 | 1 | capital falling |  |
| 2022-03 | 3 | expense ratio p90, noncurrent p90, reserve under noncurrent | capital falling |
| 2022-06 | 0 |  | expense ratio p90, noncurrent p90, reserve under noncurrent |

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

- 2026-06-30 [Palo Alto founder Nir Zuk clears key regulatory hurdle to become major shareholder in U.S. Liberty Bank - calcalistech.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBFNWIyczYzcGtSYXZUM0xZanowQ0J3dm1nYXhEcUEzLTBOWkliU0J4cWJzSkN5QnRQV3laRlU2QjQ4dHktTjFGdWlyYk45aTFJMjROU1U4M1pQX19CY2FiX0lEcmZSc2s?oc=5) · calcalistech.com
- 2026-04-16 [Palo Alto Networks founder applies to invest in California bank - Banking Dive](https://news.google.com/rss/articles/CBMinwFBVV95cUxORXkyRUxPU3VFU2hRSFJNZWotQ2pUemxRTTlQM1k4LWxoRm52RU0tWGtDSFRCSmw4cHFYSkVaUzFDdWY1YjlKcWQyQk1qSVFFVHhwLWEtb0I5THM3Q1dQSkpYdFV1MzdLRUZDU3BFeENIa2ZDLXFXeWgtS29xeGVlUkR0NkV5V0tIaExJWUtMQ0JpWkluY3VLN2tZajBPT1k?oc=5) · Banking Dive
- 2026-04-14 [Palo Alto founder Nir Zuk enters deal to buy Liberty Bank – report - Retail Banker International](https://news.google.com/rss/articles/CBMifEFVX3lxTE1rbXlBVm9rejVBT211TDFLY1lsaUMyWW1WQTF3aExhV1piQ1hJUXdKMEFIYXlKejRkdW15NklsYXhrekp2RF9WY1kydFY4T0Zfb0txTjZ3MTZlZlB5RWw0NU1lNllwdk9sanFoa3VrUHRQX2ItQUR4UVZERm0?oc=5) · Retail Banker International
- 2026-04-15 [Palo Alto Networks founder seeks to acquire Calif. bank - American Banker](https://news.google.com/rss/articles/CBMilAFBVV95cUxQd21haVJVQ0RRYm5OTUQtLVJTX2ZlRlBrbHNkNFBzcE91T0lSOXhidHdkZjBCYkI3cDJuNDI1NWEtVmJUU3RVX0hvSHY3T2NmWlVKUW9MWVJQcGc0RmdYZUs3ZlBMVGlEanRxY2JSWVQyQXI5VjV3cVFac1V1UGFPYU1tTDZ6YU1qWkVyR0NLUmxfaHlU?oc=5) · American Banker
- 2026-04-13 [Exclusive | Palo Alto Networks Founder Agrees to Buy California Bank for AI Revamp - wsj.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxPRGZxcncyV3NjWVVuS2xwNWU4MWoySll2T1pCeGc3MG5vTXN6QzNpMHZIOHhVNlI4dXkzV1VfSWRFVU1nS0UzR3hIaXJxTlR1OHpUOFVLM3FCNGZZUXhyQnd2WVlVRUhwLTBsSnk4aHF0ZkFEcFg0RktLaGZ6M2l2ODJpMktaSDZ6RVpYZ05Hdjh0cEM2M3dKZ045V2lQLXRIM0xVeVV4TDdNUjAtS0MtaWNxTmY?oc=5) · wsj.com
- 2026-04-17 [BasisBank buys 95.99% of Liberty Bank - Yahoo Finance](https://news.google.com/rss/articles/CBMimAFBVV95cUxORUNfcUFhMUU5aTlGRUdWTVc3Ukp3SnpFZ2F4WjFabEwyOEl1WlVUdGJmX2U2Z1NibHB0YW1kNDVlb2dpMWJycVNLdFY2eWE3U2JUakNiamVUbGNVR0pObmstT1hiczJUY3g2VU4yTjNxU3k3RDZhV0Z0bFdWWE5oSlJUSUdibzJwbF9FTkdRYVFZVUNicFNIMA?oc=5) · Yahoo Finance
- 2026-04-13 [Palo Alto Founder Eyes Liberty Bank for AI Banking Experiment - PYMNTS.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxPeVhvZEMzbmV3c2JXZ3hmWTVHRmFpMTdDYzdvTVZ0SW50SVhqWEItNGpMVldDMWphYXBJNlk5WklDUmNIVkJWWm9hdnZYM3pOYUdGck81S0hEYmVhVmFwRkxWbzVJcUtidlF0T3RPaW50LXNVNkxGNG5xVkc5dW5LWmNZTFl4aTVVS0pENHF1bHhnMkxsSG84bk1leUtacVhRSEM3bXQweU51T3MzQm03WWJR?oc=5) · PYMNTS.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23754 (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/10.json (key "23754", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide