# CHELSEA BANK
CHELSEA, MA · FDIC certificate 26548 · asset band <$300M · latest filing 2014-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $56.5M | |
| Deposits | $50.1M | |
| Loans and leases | $40.5M | |
| Total equity | $5.4M | |
| Loans / deposits | 80.25% (p66 of band) | 71.50% |
| Liquid assets / assets | 22.66% (p26 of band) | |
| Uninsured deposits / deposits | 36.56% (p96 of band) | 13.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.55% (p33 of band) | 10.45% |
| Unrealized securities loss / equity | -0.69% (p17 of band) | 0.49% |
| AOCI / equity | 0.00% (p18 of band) | |
| ROA (annualized) | -0.30% (p6 of band) | 0.81% |
| Net interest margin | 3.13% (p22 of band) | 3.66% |
| Efficiency ratio | 115.13% (p97 of band) | |
| Noncurrent loans | 1.49% (p69 of band) | 0.76% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 61.88% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 22.71% (p59 of band) | |
| Auto loans | $155,000 (0.38% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.1% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## 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 | 2 | capital falling |  |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | reserve under noncurrent |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 3 | losing money, expense ratio p90 | capital falling |
| 2014-06 | 2 |  | losing money |
| 2014-09 | 1 |  | expense ratio p90 |
| 2014-12 | 3 | losing money, expense ratio p90 |  |

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

- 2025-06-12 [Groton bank robbed Thursday on Gold Star Highway, investigation underway, police say - Stamford Advocate](https://news.google.com/rss/articles/CBMiogFBVV95cUxNbm1hT2xEVFpuVEFOUXZiOGZZb0ozOEpibmVBWHEyNlZlaXlrSmRJR0dVY3hLYjItd3pxOEx6T2FzUjJmTlhwMEx4NFg1Z3U3aDc0b0haak1rVmJ0ZGg1eWdKamtuel9YdzlEVS1ZUmhpUDJabXM1QVZYakJEcVBzcWVDN0cyaXQwVFVadW9Wbnk0ZGQxak5xVW42WWxpeEQyNlE?oc=5) · Stamford Advocate
- 2019-03-03 [Among the Smallest Banks, One Is Bucking the Trend - Banker & Tradesman](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNblZjY3o3emtmX094QWtveGdMUHNLSnBiOFBPZzFRZ2JWQ2sxUXJLZTcwejRWaF90QmdwWTJNSHc3c1FHbEp4aDIwN3BqWmhfZUdSejM2RlFiOHVqRld0ZFF6dV9mdkdYNWtsRENRd01qQlh4VXR3QkllcE0zUXRCWmhFU29DUkRD?oc=5) · Banker &amp; Tradesman
- 2019-04-16 [Filming Locations for Green Street (Hooligans) (2005), around London. - The Worldwide Guide To Movie Locations](https://news.google.com/rss/articles/CBMiY0FVX3lxTE13VEY3ZElxS1A0eUpuLWxfTWJvbzV2c1FGSHkxSjZKM0xpdlN3VzlfVnhEOHc1MmlQSXRNMTZZdVJZbGEwOGc0QnFmc3dlUHZIS3VnRWt5U2NRSnZyQjU4OXJPYw?oc=5) · The Worldwide Guide To Movie Locations
- 2021-10-15 [BRIAN CHAIT Obituary (2015) - Revere, MA - Boston Globe - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPbFFFbndXeG5CN0QtYTZqWW5JbzhFVnZ5YVNya2FTYlQ1MGhRaHU1c2ZRUlRraHh4QUhUZVNlOWxpM3liQnNPaWJieHlRdkFvbjlveDBoU3lFdjExZ29rVmljYTRwR1B4TnItaVl2Sm9uSFlWOUV4cXRvcnBlemJqQXZENllvZC1nTFI4Yy00SQ?oc=5) · legacy.com
- 2025-07-14 [FIFA rule breach in Club World Cup final as Chelsea bank £88m from win after PSG scrap - Football London](https://news.google.com/rss/articles/CBMihwFBVV95cUxNdTF0TXdtQlY5WUU0ak90ejBaNk0wTTBMU2hGSEtJclNuMUhRTTY5d3YzRU9VUmQ2czNDZURWMGpOMVRCay1DR1pnVU9wT3NKa3ZPNkRMenE1dllFNnM2M3RxVzJacEZmY0pvOHd0S2N3MkdkQVZtWXBpT0lCb3JwV1g5dlBYZ1HSAYwBQVVfeXFMUFdRdmx4ZzFNdkF4cVpXSnBkTHBLalJxa1lqc0EtNGJOLXNvbXdHMFVKeVJ3enNId0t1dU9leG9BQzB6NmVyWlN6cnQ0d1g4cDFReE5OXy1xMGduTU11RTIzMlBvVlNDYklXY2dMUmlVa0ZqT0diUTFONzBaeks3UzdVRk1ZdGJiRmVYWTE?oc=5) · Football London
- 2009-05-13 [Chelsea facing hunt for new shirt sponsor after Samsung stand-off - The Guardian](https://news.google.com/rss/articles/CBMilwFBVV95cUxQVmxMZVNqOEJvdGlmRjFwQkY1NHdGR1dENDFKREZOZlNPOGlSR0ppU05zMGN5dllGTVQwTFFVZVpZUkprQ2VUWnBnTTdOeEVJRFgzOTh1NVl3UklCWmdZenloRnA1UGdNaHRKVEx3a3ZzY29YbzI2cVFwSjB6OW45WmRZRWRzQUV2bkt0dUozTXJSc190MG5R?oc=5) · The Guardian
- 2020-09-14 [Chelsea bank windfall as PSG superstar Kylian Mbappe makes transfer decision - Football London](https://news.google.com/rss/articles/CBMiogFBVV95cUxQd0FIU1lwYzI0a2h1SEpyb0FjUnI2N0NLS3QyTUZMRE5fMEV1VHgwRng5ZUY2YjNCajg4QUJQOExRRC1VX28yaHc5NmlsVWZoakYxdTVLSnkxRkx6WkhhUEw1NFRkSjZtTHNPVzk5OUNCRHp5YmplTkpvU0l4UXJ6QXBIQ01lVFJ0S1N5Uy16bzExNk9rbTFVT1B5QWpLd0p3X3fSAacBQVVfeXFMTmhZb2U2TTc3dU9KdE94cm5wUm5wN1k5ZVdSUzdGWmNyamdyY2tHWmx3QUFaNnkzSkVjT1pITGd4bFJCejFBQWc0TVNqdzNCV25LbjV0OW54V2Z2ZEdPa2xrQ1hQSU1Wc3VkcUE0b2JyMHgtLXAtUTVpX1cxT3BCa3hyeFFSQkpvVWdHeXYyeThfS1NFdFU4MkItS1ZOY1Y5YlAyNmZkc1U?oc=5) · Football London
- 2022-03-11 [Chelsea's bank account 'has been temporarily suspended' following Abramovich being sanctioned - dailymail.com](https://news.google.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?oc=5) · dailymail.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26548 (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/52.json (key "26548", 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