# NEEDHAM BANK
NEEDHAM, MA · FDIC certificate 26483 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $7.42B | |
| Deposits | $6.32B | |
| Loans and leases | $6.48B | |
| Total equity | $810.6M | |
| Loans / deposits | 101.26% (p88 of band) | 87.10% |
| Liquid assets / assets | 8.83% (p4 of band) | |
| Uninsured deposits / deposits | 28.20% (p42 of band) | 30.76% |
| Brokered deposits | 9.69% | |
| Wholesale funding | 12.14% (p72 of band) | |
| FHLB advances / assets | 2.44% | |
| Tier 1 leverage | 10.89% (p58 of band) | 10.50% |
| Unrealized securities loss / equity | -0.67% (p91 of band) | -7.75% |
| AOCI / equity | -0.60% (p30 of band) | |
| ROA (annualized) | 1.01% (p31 of band) | 1.26% |
| Net interest margin | 3.89% (p62 of band) | 3.70% |
| Efficiency ratio | 58.00% (p46 of band) | |
| Noncurrent loans | 0.43% (p43 of band) | 0.51% |
| Net charge-offs (annualized) | 0.41% (p93 of band) | |
| Reserve coverage of noncurrent | 296.76% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 93.74% (p85 of band) | |
| Auto loans | $88.6M (1.37% of loans; DQ 2.75%, NCO 0.00%) | |
| Loans to nondepository financials | $217.6M (27% of equity) (p94 of band) | |
| Deposits YoY | 47.8% | |
| Employees | 579 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | charge-offs p90, construction >100% equity |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 1 |  | loans exceed deposits |
| 2012-09 | 1 | loans exceed deposits | reserve under noncurrent |
| 2012-12 | 2 | reserve under noncurrent |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 3 | wholesale funding >15%, capital falling | reserve under noncurrent |
| 2014-03 | 3 |  |  |
| 2014-06 | 4 | construction >100% equity |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 5 | reserve under noncurrent |  |
| 2015-09 | 4 |  | reserve under noncurrent |
| 2015-12 | 4 |  |  |
| 2016-03 | 4 |  |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 3 |  | capital falling |
| 2016-12 | 2 |  | wholesale funding >15% |
| 2017-03 | 2 | charge-offs p90 | construction >100% equity |
| 2017-06 | 2 | wholesale funding >15% | charge-offs p90 |
| 2017-09 | 4 | reserve under noncurrent, deposits shrinking |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 | expense ratio p90 | deposits shrinking |
| 2018-06 | 3 |  | expense ratio p90 |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | capital falling |  |
| 2019-06 | 4 | construction >100% equity | reserve under noncurrent |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 3 |  | wholesale funding >15% |
| 2020-06 | 5 | liquid assets <10%, reserve under noncurrent |  |
| 2020-09 | 4 |  | capital falling |
| 2020-12 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2021-03 | 2 | charge-offs p90 | reserve under noncurrent |
| 2021-06 | 3 | capital falling |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | capital falling |
| 2022-03 | 1 |  | charge-offs p90 |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | loans exceed deposits |  |
| 2022-12 | 3 | wholesale funding >15% |  |
| 2023-03 | 4 | liquid assets <10%, capital falling | wholesale funding >15% |
| 2023-06 | 4 |  |  |
| 2023-09 | 5 | wholesale funding >15% |  |
| 2023-12 | 3 |  | capital falling, wholesale funding >15% |
| 2024-03 | 2 |  | construction >100% equity |
| 2024-06 | 3 | capital falling |  |
| 2024-09 | 4 | construction >100% equity |  |
| 2024-12 | 3 |  | construction >100% equity |
| 2025-03 | 4 | construction >100% equity |  |
| 2025-06 | 3 |  | capital falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 | capital falling | construction >100% equity |
| 2026-03 | 3 | charge-offs p90 | capital falling |
| 2026-06 | 3 |  |  |

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

- 2026-09-04 [Actor, singer Lauren Ambrose is in Needham MA on Sept. 19. Here's why - Wicked Local](https://news.google.com/rss/articles/CBMi3AFBVV95cUxONlpBc1Rsa3htYm1JdE9ZMTN6VTBFaXJwNkRUS0k4VG1NV0xqLUd1QjU0d1BPZ2tMN2JQcTN0RHRtLURvRzJPRHMwck1fR3B0WmdzQkFWVFBhR05lNlc0aXBsMHM3MmhwQmRkQmtZUjdLQUk0UUZHRm96Mmw1U2FJUzk2UmZvTG4xTXI5djdydXpNRWtIRUM4MVl1dXRqN3FHR3djQjVHNERZMUdpd2F6S2p0WUVoaGZaOGRqMVhvU3FyM0xkM3p3TTBfeHBteGJNT0I1VlVobUdFNTc4?oc=5) · Wicked Local
- 2026-06-29 [Needham Bank Continues New Hampshire Expansion with New Location at Tuscan Village in Salem - PR Newswire](https://news.google.com/rss/articles/CBMi4AFBVV95cUxQQkY1c2pUanMyOFhZVXZaYkJQby1KcTh2MkZrZnA3Wmt3SUk5VlhDeUFLOVMtYVptXzNVNktzbTZGZ0RVMVdyTFJyLUdqcktHdHQzcFZnZ1JxTU1waEJma0xPaWMwcHBFQmpENlZfQTlGZlFYMnVCeXRGaThVanRXdXZ4aGU5MElpQXRTMy0xU2VHakttY1ktOXFPSE9pVmZ3ZUhXTGlEVW9wSFk5Q3NTazRDUUhGcTNFdGpyUUp3ZncxQUVCeU1sMlJGX0V3NzFnZkZYM2w3R0E4VDFXRmdDRQ?oc=5) · PR Newswire
- 2026-06-09 [Cresco Labs Closes $50MM Revolving Credit Facility with Needham Bank - ABF Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxQdkkyQVQtV3hkYl9fZmNSaXh3dFprNlE1akJNOXNqLWRlVnB4cUZVVE1xQlBNRUdyWFktMmxMdzI3V0lUbTBxZmg2dWN6dnM0VkEyd3ZjbUZ6Z2prTmlBaUR5aXF1VWhjR3Fxb3QyWmREOXJ1dlhYczMxZkdzQlhocHpUTS11OWtFYWtOdk80VjJfMlp6MHJxRnhzNA?oc=5) · ABF Journal
- 2026-08-17 [Needham Bank Opens New Full-Service Branch at Boston’s Prudential Center - citybiz](https://news.google.com/rss/articles/CBMirwFBVV95cUxOQzAyVlZWRVVCMUZmS1J2Q0ZfdTgwR0ZGWnUyLS1rdkVfcTBnY0dPemFWaUk3aDBRYlBTdmFDaGRQd0d3NlBMZHBqdUlfNHQ1Zk83UklpNHFKeXBMcVREbVdmRVpmdWxDZUE4eGZ5UWdYcS1rQlpOWkJsQWczSlBnMEVhOVI2cmstNDUyd1lnemNSbEMtQXFTQ1V1anZLbkh5eWRHbHVBR2xmYzFKTmFj?oc=5) · citybiz
- 2026-03-10 [Needham Bank targets mixed-use developments, plans four new branches - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxQa1MxcWFmbWxjUGN0NGt2V0JmREV3UWRqY2xSSmhmYVZsRm9YV0pRRW1WTi1WeU5xdlA2UEUzLWxpSXg2TDl1X3NSYi0wMUpWWGtJaVRWWWlOclRHVFl4Q1lmUTlFc0Z5UlM5RzNJM2dGb2tiYXdYV0lrV3BwSjJiSUhhNUp4bmdxUFFGTFFDYTF0ZGFBeXhoR2RiSzZrVFN5NzdnbGFPOA?oc=5) · The Business Journals
- 2026-06-08 [Cresco Labs Closes US$50 Million Revolving Credit Facility with Needham Bank - Business Wire](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPbGpuMUxPSmtQOFBKWldqMUFnbTE3dlJYVlJ2ejJFR2xxYXkzQ1R4U3ZFenVfU0RjRGRJMUh3eUU3YUNLcHFZdU5qZE9IY2V2Z3lYRHpSNDJRaS1vTWVGNEtHSDRBdFFuYW9FRjVkaThFc01sT0FpaHo3TkJianBJNzVta0pEbmpKUG1Vd01mNEdCb0x3WDNxc0tzOC1LSEhoelBWT0pFdFdNWnplaDF5VERacXo3NXF5ZW5ocVVzVTc0U2xQNkJFSnFyR25abGNs?oc=5) · Business Wire
- 2026-06-25 [Portsmouth Summer Music Series Set After Needham Bank Steps In - Patch](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOdl9GbXNYUjBOLXhFaXlLYUlYMElpRzFFUGx3OG0wQjZ3OUU5TVkxRlBFRGY5OFFBeVBYUkRqY241eWk3dGpfVTdpbl9rVzNQM1hkQkdaRVJ2b19JY1Y0b3hoSmNzWjU0Y3V4VEE2c3RhZlA3ZzZ3NTRSM2xZcElFOTFtcGplWE5HTl9tOWJBeHg4UFRzMWFTb3NWbWNSTnVKMURteVZMMVk?oc=5) · Patch
- 2025-10-24 [Needham and BankProv receive approvals and merge date - American Banker](https://news.google.com/rss/articles/CBMikwFBVV95cUxPVlNqS3h2WG9iRnRaZTctQ25RQU5SWVhYYUd4alFFeW9Ra25ub0lodFIwdS0wUU11MGhtMXV3dldBeXZUcmw2Zi03VWNmUkZXZTBrT3FEUGhFc2FudjVFZTdIZ1Bhc1dmQkJmdlBLeWprS2hLd3NvZ285UjNzODJVZm41UURLX18yYnRsN0p2dW1XTGc?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26483 (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/51.json (key "26483", 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