# WAKEFIELD COOP BANK
WAKEFIELD, MA · FDIC certificate 26516 · asset band $300M-1B · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 7 (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 | $305.8M | |
| Deposits | $261.0M | |
| Loans and leases | $252.4M | |
| Total equity | $18.1M | |
| Loans / deposits | 96.03% (p86 of band) | 80.20% |
| Liquid assets / assets | 13.85% (p12 of band) | |
| Uninsured deposits / deposits | 15.34% (p15 of band) | 25.15% |
| Brokered deposits | 11.78% | |
| Wholesale funding | 19.95% (p92 of band) | |
| FHLB advances / assets | 8.18% | |
| Tier 1 leverage | 6.77% (p0 of band) | 10.44% |
| Unrealized securities loss / equity | -30.12% (p24 of band) | -13.25% |
| AOCI / equity | 0.56% (p30 of band) | |
| ROA (annualized) | -0.34% (p2 of band) | 1.02% |
| Net interest margin | 1.89% (p2 of band) | 3.54% |
| Efficiency ratio | 124.09% (p99 of band) | |
| Noncurrent loans | 0.41% (p54 of band) | 0.34% |
| Net charge-offs (annualized) | 0.00% (p47 of band) | |
| Reserve coverage of noncurrent | 169.74% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 16.43% (p20 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## 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 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 3 | capital falling, uninsured deposits leaving |  |
| 2013-12 | 1 |  | capital falling, uninsured deposits leaving |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | capital falling, expense ratio p90 | reserve under noncurrent |
| 2018-06 | 1 | construction >100% equity | capital falling, expense ratio p90 |
| 2018-09 | 0 |  | construction >100% equity |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | wholesale funding >15%, capital falling |  |
| 2019-12 | 0 |  | wholesale funding >15%, capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | reserve under noncurrent |  |
| 2020-09 | 1 | construction >100% equity | reserve under noncurrent |
| 2020-12 | 0 |  | construction >100% equity |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 1 | construction >100% equity |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | capital falling, securities losses >30% of equity | construction >100% equity |
| 2022-09 | 3 | AOCI drag >20% of equity |  |
| 2022-12 | 6 | wholesale funding >15%, expense ratio p90, construction >100% equity |  |
| 2023-03 | 6 | losing money, NIM <2.5% | AOCI drag >20% of equity, construction >100% equity |
| 2023-06 | 6 |  |  |
| 2023-09 | 7 | leverage <7% |  |
| 2023-12 | 6 |  | securities losses >30% of equity |
| 2024-03 | 6 | securities losses >30% of equity | capital falling |
| 2024-06 | 6 |  |  |
| 2024-09 | 6 | capital falling | securities losses >30% of equity |
| 2024-12 | 6 | securities losses >30% of equity | capital falling |
| 2025-03 | 7 | brokered >10% |  |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26516 (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/20.json (key "26516", 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