# NATIONAL IRON BANK
SALISBURY, CT · FDIC certificate 2496 · asset band $300M-1B · latest filing 2026-06 · live

**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 | $318.0M | |
| Deposits | $291.4M | |
| Loans and leases | $262.5M | |
| Total equity | $26.0M | |
| Loans / deposits | 89.62% (p70 of band) | 82.04% |
| Liquid assets / assets | 17.03% (p22 of band) | |
| Uninsured deposits / deposits | 34.89% (p79 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.48% (p5 of band) | 10.81% |
| Unrealized securities loss / equity | -4.54% (p65 of band) | -8.10% |
| AOCI / equity | -0.87% (p27 of band) | |
| ROA (annualized) | 0.82% (p23 of band) | 1.28% |
| Net interest margin | 3.08% (p12 of band) | 3.91% |
| Efficiency ratio | 69.90% (p73 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p22 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 98% | |
| Construction % of loans | 33.44% (p41 of band) | |
| Auto loans | $35,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.6% | |
| Employees | 35 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | capital falling |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | reserve under noncurrent |  |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 1 |  | uninsured deposits leaving |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2015-09 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | uninsured deposits leaving |  |
| 2018-06 | 0 |  | uninsured deposits leaving |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2019-03 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 2 | leverage <7% |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | construction >100% equity | capital falling |
| 2022-09 | 3 | securities losses >30% of equity |  |
| 2022-12 | 4 | capital falling |  |
| 2023-03 | 4 | loans exceed deposits, NIM <2.5%, deposits shrinking, uninsured deposits leaving | leverage <7%, construction >100% equity, securities losses >30% of equity, capital falling |
| 2023-06 | 1 |  | loans exceed deposits, deposits shrinking, uninsured deposits leaving |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | capital falling |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 | loans exceed deposits | capital falling |
| 2024-09 | 1 |  | loans exceed deposits |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | NIM <2.5% |
| 2025-06 | 0 |  |  |
| 2025-09 | 1 | capital falling |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 0 |  |  |

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

- 2023-07-05 [Paul Lincoln Cornell, 92 - The Vineyard Gazette](https://news.google.com/rss/articles/CBMifkFVX3lxTFBVdTVkeGd3T3d0VHNfQm9IWnp4NHZlcmphWk5vZTg0amhaRnpCLUZlbmhnVmJ0MnVzUGx6a0xGbG9OTEh5RGpkdGVmeG5Icjl4N1dDNjI5S3VoOFJQNjJGMnNZdUNiMEpGeHRxVGpQNFh1Tno4U1F4RFJXeFk2QQ?oc=5) · The Vineyard Gazette
- 2024-01-06 [Richard Wardell - The Lakeville Journal](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBDRGpNcm1PTUt0MjFfX3hVdURaT1RXMTZYVmxrQVlJRXB1cFN5N3hFTmt3RnFvZ2ROc0dxNjROX0RzMnBsZHlrWmpRUmp6MzBWZzRXOFhUNnU1SWlLcm5DUWtMQmhuUQ?oc=5) · The Lakeville Journal
- 2025-05-03 [Liberty Bank celebrates 200 years after humble start in a Middletown apothecary - ctinsider.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNb3RPQ0hqN1ZsYTFxM3BjRjY1dDNtOWlHZGp1b2JvRlNNVTJKWGw2U1VVU0FQRlVOekJhTUdrSzJsSTBaRlJLT1VNTDhkMWZ6dmRLeVRZTmFxcFNIMlVXQm5rRm9TTURtUWVGaThhR2prMlp6cTBRRkFTTFlMamNFV0ZtczBLZnp2bTY4SU1YMWk2LVhVaGJB?oc=5) · ctinsider.com
- 2024-06-12 [Joseph Arthur "Art" Coffill Obituary (2024) - Litchfield, CT - Thurston Rowe Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQaTlNeHNXakNUa2t2Qk1Vc09lbmJMWjg1XzZsc0FodmVYVy13bEEzdlotX05CMGdpT2xJdEtqbEpGLUw2RjkwZi0xNzItVmZSN2g5QjJKLW1xbGZkQmQzc3ByZEx6RWlSZk9iZnh4NGwxRnFxT3FuOExwcUNxVDc0QmNoNA?oc=5) · legacy.com
- 2020-07-13 [Rogers Rice Obituary - Orleans, MA - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTFB1MGNMOEVScTVObHN1RjVWYTBUbEtyMGZqcHczS3d1STk4UUtzRXM0MXVYQURzdUNuMDZjaWxXSnhHZlZQRU9rX3Z3bHRYcFRFQ3BJR2FzcXlkSUFDT2RSVWxHeTVMRVdOSnFTOWpqSE1JWk5qWElZMzB0bkw4Zw?oc=5) · Dignity Memorial
- 2024-01-07 [Arrest in an attempted bank robbery on Aug. 6 - The Lakeville Journal](https://news.google.com/rss/articles/CBMilgFBVV95cUxQbF9FMUJDNFYzZVUwWE05U3RYTnBtdzkxcUozLTlEZlZEOTdtV01raU51YXRGLVczV00tcE92TGFNNWpSMTJvMU9Xakpmc3hQX01QNmRqTWlIalplQjc0WGxvRndCMDg3NURHdlFSWHctdWtlMTRVVVNMSVV2MTBnU1lfeWY3YXBZQnMyMVpzaG9TaXdYWFE?oc=5) · The Lakeville Journal
- 2009-04-30 [Daily Blotter — April 30 - NBC Connecticut](https://news.google.com/rss/articles/CBMie0FVX3lxTE1VelB4TDVLUFZXR1dfVW12Ul95Sm1MNHJlSjdYYm42WjNCRXhMWlUtYTlQUHk3RGFMMDJsam92cERiLW1XTWxFRHVYbTR5RnlFZ1F2azRMUFB6TndlTU9oeGRpTGpsVWR3MUxkVGo0dU1GMV9tbWdfcm1fUdIBgwFBVV95cUxPZ293dG1DQm1peDloZkZFbUV5VXB2UkppRkY4Z3lSZmdlR3lJWTBaZkFyQ21sTW51Vzg2RFgxdndZclZ3YjgzZHhJdlptYk80T0k3NVhWUnJMME5XdnpvUVZpc0NtbW1MU3JqUWxTRnJtN05BLUZYSVJlckdDZW5BbDM4cw?oc=5) · NBC Connecticut
- 2021-08-20 [Business briefs, Aug. 22, 2021 - ctinsider.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNdUtYMHBONE51Y3JvZXNfTzEzRVZSc0otY0ZnRFh3cjY1NjJ3N0Z2azgxVEZpR2Y3LUpWdUNMc2wycVh2VEFpNjEwOHRYVjNUaXRyQTdIUTR4ZldIYlA4UTRVck51QUJFLXh6R0gwREZ5aDBFczViRTlLdTZYci1JRHBIU29TTjcyckt3?oc=5) · ctinsider.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2496 (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/0.json (key "2496", 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