# HIGHLANDS INDEPENDENT BANK
SEBRING, FL · FDIC certificate 26428 · asset band <$300M · latest filing 2014-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 1 (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 | $243.7M | |
| Deposits | $227.5M | |
| Loans and leases | $118.5M | |
| Total equity | $13.8M | |
| Loans / deposits | 50.12% (p19 of band) | 71.36% |
| Liquid assets / assets | 43.99% (p69 of band) | |
| Uninsured deposits / deposits | 15.64% (p63 of band) | 12.72% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 5.56% (p2 of band) | 10.52% |
| Unrealized securities loss / equity | 1.10% (p67 of band) | 0.17% |
| AOCI / equity | 5.16% (p84 of band) | |
| ROA (annualized) | 0.21% (p14 of band) | 0.81% |
| Net interest margin | 3.28% (p29 of band) | 3.65% |
| Efficiency ratio | 95.10% (p89 of band) | |
| Noncurrent loans | 2.52% (p81 of band) | 0.86% |
| Net charge-offs (annualized) | -0.08% (p5 of band) | |
| Reserve coverage of noncurrent | 149.73% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 63.43% (p87 of band) | |
| Auto loans | $363,000 (0.31% of loans; DQ 2.20%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -1.4% | |
| Employees | 66 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | leverage <7%, losing money, charge-offs p90 |  |
| 2011-06 | 1 |  | leverage <7%, losing money |
| 2011-09 | 4 | leverage <7%, losing money, reserve under noncurrent |  |
| 2011-12 | 6 | capital falling, noncurrent p90 |  |
| 2012-03 | 7 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money, capital falling |
| 2012-06 | 3 |  | reserve under noncurrent, noncurrent p90, deposits shrinking, assets shrinking |
| 2012-09 | 7 | capital falling, losing money, noncurrent p90, reserve under noncurrent |  |
| 2012-12 | 7 | expense ratio p90 | uninsured deposits leaving |
| 2013-03 | 7 | assets shrinking | capital falling |
| 2013-06 | 7 | deposits shrinking | noncurrent p90 |
| 2013-09 | 5 |  | assets shrinking, deposits shrinking |
| 2013-12 | 4 |  | reserve under noncurrent |
| 2014-03 | 2 |  | charge-offs p90, losing money |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | expense ratio p90 |

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

- 2022-11-19 [Charles Lamar Shackelford Obituary Nov 19, 2022 - Ponger Kays Grady Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE9WMlA3cVlIclZNaXYxd25ucnlWX0VueXY0ZUdnbk1RLUVBWFZpX1VLZ2dDRGdRTmhxVEJUNUJlc1ZwS3pKMWJFaFBWMkVZdjJGVFZPUU1wc3FwMTk5eEhBWGlkOFVGazVweVh2SVZhcw?oc=5) · Ponger Kays Grady Funeral Home
- 2021-01-12 [Florida Citrus Hall of Fame inducts three distinguished new members - Produce News](https://news.google.com/rss/articles/CBMilgFBVV95cUxOaTlVeHp0d0c1RUh1OHNJM3V4WUdSR0Q3QnBETmEwMWJjUERWcHB1dmFOckVsYTA2dEk5TWpMV180Z0ZWVnk0anVSSFdpbDJHNDE5N3FZczhhM1hMZ0tMZkEyTmMtX2c5TkI5M3JGaHExY0hocE56WXV6SXdfUUFfUXVDcmZXLVhKTENsNmhkWndQMnoyYXc?oc=5) · Produce News
- 2014-08-28 [The Next Big Thing: Tradition in St. Lucie County is poised for big growth - Florida Trend](https://news.google.com/rss/articles/CBMingFBVV95cUxPR1dLS1h2SEdpVWdBaUdLeWh1aVJiNzdxdFM3QUNSN2tjQzlramozNTV0am5hWjl4M3FqeFkzelNBQmZLdGFkX0I0bzcwcTBLU1Yyc1ZjUkhSM0p5WGtJd1BNU2tBYllxSktWWDJERm5uUkZmNVV3dUpvZ3BLYXkwaXZPY2JDU0lWLW9TNXo5REFMZnhoV0FpMmRRT2t2UQ?oc=5) · Florida Trend
- 2012-11-16 [Suspect arrested in bank robbery - yoursun.com](https://news.google.com/rss/articles/CBMixgFBVV95cUxNVlRDcGVMN1lmQ3BvajJDNzZBVHJvZXd2Ny1PMEZvUXBIck9yS2tudG9mTGxXRk15cjl2MDJZbFF6QlZiOUktU25JSEFSZENxRHdBNWhoME5oeG5qRkFrRURjdUp3OVNLZlJMeFVESkZTUWNJRzhpRFNrUnZkZFVMb29kaC1RSlV2QkowdWtmMXY4b3p1aXNTZlg3X1c5a2Z4MjdTOU5mTEZhaTZtTW5icHRyc0kyQm5qS3QxZ2N5M1ZCZENNWUE?oc=5) · yoursun.com
- 2013-02-04 [Lake Placid attorney arrested on worthless check, fraud charges - yoursun.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxPWGVWM0s3RGlDY0JtQTFEY3ZlSFI1SDhYRWZqV191TVZxOFhLVG41ZHpsOThkOUFqY0V2WUxQWlFLQzJfdEYxWHdpeEFWWW90T3Fzd3FZWXpjYUUyNFRuZHpyWjV0cEJSeVdtekY4Rm9rcEQ0VURxT0RQWGhoR0c5bGJTTzVib3dVZlhKREdGdW9uUk1td0kwZXBuVkVkYnFzUnVva2xxWGJlRE1aQmpFZVppM19tYjRuWW9HWjE5MHN4OXhlRnZXMmtGVTJnUDZuN09jZlRGUTdRampfUlhPamNUZm02bGlMRkpIRTh3?oc=5) · yoursun.com
- 2014-02-04 [Kathleen Luckie Obituary (1952 - 2014) - Pensacola, FL - the Pensacola News Journal - legacy.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxNU3hQejlPdU9rMWhuWnRjVjQ0dThXZGVUM3didTNKWU1rRy1jdDZJOVRBZmswOWduaWZzc2pXOGVHOGFpYnQ1T1lId0hBelY0QzVZdFpVZWpkN3RzMTN6cm5ZcFhreHdWbzVhY014aFljZlk2VDVuQU1IbUZUMm1SQkdJNHFFaTNGVGJid0E5eWdOWG5HbVctWTR3endIUVk?oc=5) · legacy.com
- 2006-08-05 [Mark Palmer Obituary (2006) - St. Petersburg, Florida - Tampa Bay Times - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUFZlRkV1NG9oMUlWX3hScVJlMkxodVkzNS1vRTltZDFhSkF0VWt5MUowNERFYm9iYXViUzVUaWRGdFR2SV8yVWJ2QmRVS1VOaFQ5LXRwQXhrYmZfa2l0eGoxWHYwSFEydmZHMFJkQ01IYm1fdzB3LXo5RDJpaXlvS3NDNUZzcDU3MWJmWi1fd1RmQQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26428 (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/60.json (key "26428", 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