# HAVERHILL BANK
HAVERHILL, MA · FDIC certificate 26411 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $636.8M | |
| Deposits | $507.6M | |
| Loans and leases | $469.3M | |
| Total equity | $64.7M | |
| Loans / deposits | 91.71% (p75 of band) | 82.04% |
| Liquid assets / assets | 22.78% (p43 of band) | |
| Uninsured deposits / deposits | 27.14% (p55 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 9.14% (p74 of band) | |
| FHLB advances / assets | 9.14% | |
| Tier 1 leverage | 11.17% (p57 of band) | 10.81% |
| Unrealized securities loss / equity | -78.72% (p1 of band) | -8.10% |
| AOCI / equity | -0.50% (p42 of band) | |
| ROA (annualized) | 1.53% (p66 of band) | 1.28% |
| Net interest margin | 2.69% (p5 of band) | 3.91% |
| Efficiency ratio | 84.66% (p92 of band) | |
| Noncurrent loans | 0.14% (p28 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | 571.15% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 96.04% (p85 of band) | |
| Auto loans | $2.0M (0.42% of loans; DQ 2.71%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.0% | |
| Employees | 66 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | capital falling |  |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | expense ratio p90 |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | capital falling |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 0 |  | expense ratio p90, capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | expense ratio p90 |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | expense ratio p90 |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | expense ratio p90 |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | expense ratio p90 |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | expense ratio p90 |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | securities losses >30% of equity |  |
| 2021-03 | 4 | NIM <2.5% |  |
| 2021-06 | 3 |  | capital falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 | losing money | expense ratio p90 |
| 2022-06 | 3 | capital falling | NIM <2.5% |
| 2022-09 | 4 | AOCI drag >20% of equity |  |
| 2022-12 | 2 |  | losing money, capital falling |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | construction >100% equity |  |
| 2023-12 | 1 |  | construction >100% equity |
| 2024-03 | 3 | expense ratio p90, NIM <2.5% |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | construction >100% equity |  |
| 2025-03 | 6 | capital falling, losing money |  |
| 2025-06 | 4 |  | capital falling, losing money |
| 2025-09 | 4 |  |  |
| 2025-12 | 4 |  |  |
| 2026-03 | 3 |  | NIM <2.5% |
| 2026-06 | 2 |  | construction >100% equity |

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

- 2026-05-17 [Haverhill Bank’s Mortimer Retires as CEO at Year End; Remains Chairman - WHAV](https://news.google.com/rss/articles/CBMingFBVV95cUxQX2dhYk92MV8xdUUwQnY5Vi0xcW9Bd2pfeFBoSENPUV8tdnhOT0pKdlZBMzNkbDduRDBMQU5DVzQ0Vlk3enR1ZUJsdktHT09Db1NobEFCTlZwNno5aDdLYjRpeWZwRi1ONzlsNi1UUU5rZDNkSFNmZkNLY0o5TkZsdEFvUThxUGJ2TGhVM2lPWnJSeVNINWFMWXhlc3ZNdw?oc=5) · WHAV
- 2025-06-02 [Police searching for suspect accused of robbing Haverhill bank - boston25news.com](https://news.google.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?oc=5) · boston25news.com
- 2026-01-29 [Haverhill Bank Promotes Five to Senior Leadership - WHAV](https://news.google.com/rss/articles/CBMihAFBVV95cUxQSE92ekpqQlBNYTY1UjcwRjRISEl5ZzY0WFBudHRJNVVaR0x0WjlNb1BsT1FMbUVJc3c2bVVEQmNVdjE1M2Q1ZlE3bXFTT09TOHFBWjRFaVZocHgwWW0tZUZrOUtDN2dkOEl1UGpESWVFdlpJYXhDSWxkTm1FWmY5SkxsNGM?oc=5) · WHAV
- 2025-06-03 [Methuen man arrested; suspect of Haverhill bank robbery - Haverhill Gazette](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQaFNINk9DUTBrdE01MzhMQk1NZmZHcXBRdzhVQmw1aS02ZktIVkNJa3lRZzdTYXZTY0FqY1VzQW95emlLVEpmR3Q3UGVFaEVlRlpGZ3RSVzFQd3ZNSmVUOEZwbnE1OHJDTnI5Wk0wdm5wRGdmUlBiUXRreXhjQnUxT19rcW0xaGQxMEFhaGxrNWJ2VnRDTlNqRk9WRlFobE5KaGtUenkxT1M0dnRqdVctVjVvT1FlV29CaDJibDdrSzYteG1QdjJsNXhmUldrSVZpUnNHN2VtZ0RSZnRCOUE?oc=5) · Haverhill Gazette
- 2026-05-28 [Thomas R. Faulkner Obituary (1943 - 2026) - Lexington, MA - 97.9 WHAV - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOczgzdVBmSExKcFQyZDNWdEVBRDY1cHlXaTcyU0lBZjh4eGVENGJSRHpJYW9EN2kzVjAtUUdDVHk1WWlHdGc0NG9wMWRBVkVya3BYUHJkMmdacElCbmZrNnJJOG9TTUN3NDZJSVNBNHNwd19sWmJlVEdfNDhnMlZXVGRBNlVJLXczaXNJ?oc=5) · legacy.com
- 2019-02-06 [Faulkner and Farmer Retire; Mortimer Becomes Haverhill Bank Chairman - WHAV](https://news.google.com/rss/articles/CBMinAFBVV95cUxPLUJ0aldLdWRTaGU4dTFGS195enNsNG5TXzM4Zk5nNWRHLXpUZl8xTUpEcDlObXRlX3g5SGM2dmhDVmY1QzB6TDQtV1lyUXhQdWxrNTgtQVVTX1FhN0dIOWNDQ00yVWlITFE1LW43M3hSMWJRd0NNQl9KbElaay1XTFhYMGVqRGJEMU01aVNWbUVGbzI4OEs0Q3dmdFQ?oc=5) · WHAV
- 2019-03-04 [Haverhill Bank Promotes Tully, Henebry at Annual Meeting - WHAV](https://news.google.com/rss/articles/CBMijAFBVV95cUxOb2p0QXdxZUFmLUJFNGZvWHFzSUFlRWx4am5GSW5Fa0pqbEdTaTZGbzNGN1l0cm5aMVlyQ0EtWFY3SzhxZ1AyeG9tNUdPUDVITEtCN1J4WGUyYmg2UDNtdjFKa0dtWS1wbGhkR0Q4VVdoTzJJdnJ5c0ZjOEhSanM2STM5YXlZSHZoX2pTYg?oc=5) · WHAV
- 2025-06-04 [Judge Orders Man Evaluated for Dangerousness After Bank Robbery in Haverhill - WHAV](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQOGJPd2kyLTBkNS04cHNSZGY3WWtNOGpTdWtNU05mTjBTNUpLdWtXdUtINXFHaTAzeGZlTDhrS2pIS25sT2VPZUJHNXItVkg2NlJIQWtTVXduUmgybFBsUWp6M2FTU3puRGZDVGZWcS1YY1AzYm5UaTVUeFlhZ2dMZ09BR3JyOUhoT04tMnh1VG9NMXhFTGMzVktTTXlNOEJtVVoxWHdyY20?oc=5) · WHAV

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26411 (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/43.json (key "26411", 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