# EDGARTOWN NATIONAL BANK
EDGARTOWN, MA · FDIC certificate 2575 · asset band <$300M · latest filing 2017-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $182.4M | |
| Deposits | $158.1M | |
| Loans and leases | $154.2M | |
| Total equity | $16.5M | |
| Loans / deposits | 96.66% (p89 of band) | 73.48% |
| Liquid assets / assets | 11.56% (p7 of band) | |
| Uninsured deposits / deposits | 17.41% (p62 of band) | 14.60% |
| Brokered deposits | 11.99% | |
| Wholesale funding | 16.02% (p93 of band) | |
| FHLB advances / assets | 1.36% | |
| Tier 1 leverage | 8.85% (p15 of band) | 10.87% |
| Unrealized securities loss / equity | 0.19% (p77 of band) | -0.29% |
| AOCI / equity | 0.03% (p27 of band) | |
| ROA (annualized) | 0.51% (p27 of band) | 0.83% |
| Net interest margin | 3.30% (p31 of band) | 3.63% |
| Efficiency ratio | 75.70% (p60 of band) | |
| Noncurrent loans | 0.00% (p7 of band) | 0.63% |
| Net charge-offs (annualized) | 0.00% (p45 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 94% | |
| Construction % of loans | 51.82% (p80 of band) | |
| Auto loans | $21,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.5% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | loans exceed deposits |  |
| 2012-03 | 3 | uninsured deposits leaving |  |
| 2012-06 | 2 |  | loans exceed deposits |
| 2012-09 | 2 | capital falling | uninsured deposits leaving |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 |  |  |
| 2013-06 | 4 | brokered >10%, wholesale funding >15%, capital falling |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 2 |  | reserve under noncurrent, wholesale funding >15% |
| 2014-03 | 3 | wholesale funding >15%, reserve under noncurrent | capital falling |
| 2014-06 | 3 |  |  |
| 2014-09 | 2 |  | reserve under noncurrent |
| 2014-12 | 4 | loans exceed deposits, capital falling |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 2 |  | loans exceed deposits, capital falling |
| 2015-09 | 2 |  |  |
| 2015-12 | 1 |  | wholesale funding >15% |
| 2016-03 | 2 | wholesale funding >15% |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 | capital falling | wholesale funding >15% |
| 2016-12 | 1 |  | capital falling |
| 2017-03 | 2 | wholesale funding >15% |  |

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

- 2016-10-20 [Rockland Trust Will Acquire Edgartown National Bank - The Vineyard Gazette](https://news.google.com/rss/articles/CBMimwFBVV95cUxOc1NpdV9CNThUZG5TajhKWDdnV1VaVnVrMFBldkI2TkxOUXhMMEpRTGVzMF90cm5vXzJ4bVVTZGxEdnJrZ0dLWUQtM2lpNDZWWGRNUWgzbkw5MFFmSUo0YTVpNDBpWU9SZ21XM3FPZkg2YzNWUWhsS0kyNk4xS0p3VEpUXzVmbm1jMHZxZHJCbnJHZXlxbG16b2Y4cw?oc=5) · The Vineyard Gazette
- 2009-09-14 [Obituary information for William M. Honey - Chapman Funerals & Cremations](https://news.google.com/rss/articles/CBMie0FVX3lxTE56dHpXSnVNTWVxV2ZKZ2ZuWDEtUFNxZ19jMDhuenF4UFVydVZ6NUswa0hJcWdfWEJFQWI3X1R3RXl2d2dpaHR5SDRUNm9yN2x0Szl6VUFFVTg2ZTRKamlPX3ZPY0ZyR055S3FLN1doUHAxdnBIeEhlWWZSNA?oc=5) · Chapman Funerals &amp; Cremations
- 2007-02-18 [Movers and Shakers - wbjournal.com](https://news.google.com/rss/articles/CBMiYEFVX3lxTE0wNFRMTGZoWWxBQkNIOEpuT2QtamN4Q0xEdi1zSnF0LVpEU281cTgwYnJuZDRfYVptMkItMVg5MzQ4bkw1VFZpT2prSVFHYkFSc1QwTFE3VWFOeFgySV9Raw?oc=5) · wbjournal.com
- 2014-08-20 [Robert W. Kelley Was Longtime Officer of Edgartown National Bank - The Vineyard Gazette](https://news.google.com/rss/articles/CBMirwFBVV95cUxQLXVBdVU3NEstd0FYZjVSTVRZSnl2ZHpRY0QxUEpURWpiUjNQX0tWWEJOYXBrNlBMeWt3eF8tYVJoOUNuZ0xQMnRwN29ITWROdVA1N3hQMlhCWGRWc051Y0VLMUkzWkVsYTc0dDZfX2RZZkdzZWlHX0l5dkxIMjVWOGJMa244ZFlQbFh6WlZweFE5THBhYVRyd3ktamJpX3h4OWxuQzdkVkZUdEx5Qmd3?oc=5) · The Vineyard Gazette
- 2025-06-18 ['Jaws' movie locations on Martha's Vineyard: See where Edgartown became Amity Island - Cape Cod Times](https://news.google.com/rss/articles/CBMizAFBVV95cUxONnhhRFlDT0lvcHpvQ1V6OUpuNmhiUkhEU0l4LVhONWozQzdoeUNGOFFOaXpjMWVkbDJYVmQ1dFRpVGhrZEZQTnRORGxkbzlCaF9JeWdqbWVvQW43UUJGRUxBS0stalZ3OC1KNEVXOFVmYzd1aTNQdEpXNWNnZkkyV05NU1VtVVBmc3NKaUV3RGh1Uko0NHBxX056SWduTW5vNVRDTE50eUM2Vkw4bmlvN0xBSFJjRTVuWUxUTjF6NFpDblhWWV9kU3FiMTU?oc=5) · Cape Cod Times
- 2026-01-29 [Susan S. Thurber Obituary (2026) - -, MA - Chapman Funerals & Cremations - Martha's Vineyard - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPT3Q1NnFOc2I5QTBIZXFzS1RTcEVFZXY3OURsbVZyel9TTWJVZ1BVSVJBWUZWVEU1V2hVTEg1UWFKLWItODVDdFQ1ZktLUHNHak1tTm13SGozLXA5ZV9sM2ppa0FBeU9DR2dUaFlvTUhreFZEMTZWWjAxbXQ0OW8tenZB?oc=5) · legacy.com
- 2008-10-02 [President of Edgartown National Bank Dies at Home on Tower Hill at Age of 97 - The Vineyard Gazette](https://news.google.com/rss/articles/CBMisAFBVV95cUxQRTdzTWkwa2d1N0dqNVMxTjg1YUN4aVdhZEVUSzZHdXVHb2NYQnAxYWdNd1NveG42cXB2cS1XWUpId05QWERSeDVTVy1jazhUX2F0eHVoUXZsVWtEeXRVUEQ3RUd1M1BpZHBKUHROQUpES1hDZWVqYlp4VUdxOVljTV9wUGtVRllWQjRGTTh6V1pTUVhPc1BKam1BbEFSaXVGM1RtUFFCSWJ2LTR5bHpzOQ?oc=5) · The Vineyard Gazette
- 2011-06-17 [Obituary information for Michael M. Trusty - Chapman Funerals & Cremations](https://news.google.com/rss/articles/CBMifEFVX3lxTE9vN0xXM0tlS2M1NzFtTExEa2huUzFvTXB3Nlg4dUM2MWlqU3NPSnpNZzlPV3JYX1NjZHBYNUY2X2taQ3plcW1CZU1sOXU5Z1BUS2xFMVptU0F3bjNlM3dVSkZqNnk4U2xlQ2xPaEpHR1pydUxNRnhWR0JvVmI?oc=5) · Chapman Funerals &amp; Cremations

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2575 (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/15.json (key "2575", 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