# WELLESLEY BANK
WELLESLEY, MA · FDIC certificate 26605 · asset band $300M-1B · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $948.3M | |
| Deposits | $735.9M | |
| Loans and leases | $865.9M | |
| Total equity | $81.7M | |
| Loans / deposits | 116.55% (p98 of band) | 84.67% |
| Liquid assets / assets | 6.26% (p1 of band) | |
| Uninsured deposits / deposits | 37.73% (p87 of band) | 22.09% |
| Brokered deposits | 4.64% | |
| Wholesale funding | 17.07% (p91 of band) | |
| FHLB advances / assets | 12.43% | |
| Tier 1 leverage | 8.60% (p7 of band) | 10.64% |
| Unrealized securities loss / equity | 0.79% (p45 of band) | 1.01% |
| AOCI / equity | -0.05% (p30 of band) | |
| ROA (annualized) | 0.87% (p43 of band) | 0.99% |
| Net interest margin | 3.32% (p30 of band) | 3.64% |
| Efficiency ratio | 59.71% (p27 of band) | |
| Noncurrent loans | 0.19% (p24 of band) | 0.56% |
| Net charge-offs (annualized) | 0.00% (p37 of band) | |
| Reserve coverage of noncurrent | 511.08% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 169.89% (p99 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -2.0% | |
| Employees | 75 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | construction >100% equity |  |
| 2011-06 | 2 | reserve under noncurrent |  |
| 2011-09 | 1 |  | reserve under noncurrent |
| 2011-12 | 2 | reserve under noncurrent |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 3 | capital falling |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 4 | loans exceed deposits |  |
| 2013-06 | 3 |  | reserve under noncurrent |
| 2013-09 | 4 | reserve under noncurrent |  |
| 2013-12 | 3 |  | reserve under noncurrent |
| 2014-03 | 2 |  | capital falling |
| 2014-06 | 2 |  |  |
| 2014-09 | 4 | capital falling, reserve under noncurrent |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 3 |  | reserve under noncurrent |
| 2015-06 | 2 |  | capital falling |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 3 | wholesale funding >15% |  |
| 2016-09 | 4 | capital falling |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 3 |  | capital falling |
| 2017-06 | 3 |  |  |
| 2017-09 | 4 | capital falling |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | capital falling |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | capital falling |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 | liquid assets <10% | capital falling |
| 2020-03 | 4 |  |  |

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

- 2023-10-12 [Wellesley Business Buzz: Eastern Bank branch closing; Cashmere Sale is back; Real estate firm to celebrate Linden Square office - The Swellesley Report](https://news.google.com/rss/articles/CBMiiAJBVV95cUxNRGNFS0Rob0NuODlybm92ZVU5T0ZsaE43eG9rbkxadVBhTmRrN04ta0lMT3g3MUc4NXJmZkNIaENJaS1nZjZVV1hNT0QwYnFmUWg4M0hnMFZYWU5PWWNmdHFfOUVRdnBFMTRDb2xDY0NaSzdMaTFXOU1EQzJ4bFhhVEhEMEE2YXowcnBVUWxuQ085T2FNS2Z0OE44S3ItX0thNlhJaGVfVVFITDJxY1BSWjIyRDhPM1FEYTRfdWxISXNGeGRRY1RxNWVrQlk5VGhaaGhKa2VjNXlTcGNQUVBLZHVEekNqeHNhTUsxcWZ4V1pYQm9rbzdYN1d4NmR2ejZDWHRTQnV4Zzk?oc=5) · The Swellesley Report
- 2018-08-16 [Man Convicted Of Wellesley Bank Robbery Gets 5 Years In Prison - Patch](https://news.google.com/rss/articles/CBMinwFBVV95cUxPWDJxSWZna2pTMkxPaEI0S0ZQX05SOC1hNUFtRDBZODVZLWppVFVyeFlmMnlDa2ZYcjZ5eWdxdGo0TDdTWmJHOTFwUkowblJxT2NNQ054UFdTRkVQcFlnZ1F3WTYxLUlQdXRVSWQzcVZ6NGo0NjNtQmVZbnhxY3JUUjhGaEJNT3hsWTZGajZmZHlneGRuME5STUtEaXBJOEU?oc=5) · Patch
- 2023-03-14 [After SVB’s collapse, here’s what you need to know about banking - The Boston Globe](https://news.google.com/rss/articles/CBMirwFBVV95cUxQUEZQbHBPaUE4NEh5akgxZzNUa3V1aUVWNjNyenFXSmhXN0cxOFZ6UTcwQ29YeU1HWmU2T2FFUDNNYzRjMUl4Z1FNVUplNUdBWEI1NTdBbVp0ckk1N2NwMVpMRDc4V2pvS3hjTVBSV1FraHkyQ1RNSGNyNUIzb0FLalJkenlOelJZMm1JcDdaaW1DdFFzRk1FWDRGVnp2c2lsSDVqZm9raXpIbFhGVDJN?oc=5) · The Boston Globe
- 2024-08-15 [Obituary for Stephen Furbush - Dockray and Thomas Funeral Home](https://news.google.com/rss/articles/CBMid0FVX3lxTFBNTEJOSG1QbEhMTGh5Y25jT2pSWXcyWW9Rb2M0djl6V052ODJTVU1aTzBqZUpkV0RKejgxcGMyQkl5UFZsRk9SNVF5VEpJT3BzSERyeDZsSDBWV2Mxck5MRTduZXV2eDV6ZEZKc3hjS1pkQUxGUGJV?oc=5) · Dockray and Thomas Funeral Home
- 2010-05-27 [Man charged in Methuen bank robbery may be Wellesley bank robber - Wicked Local](https://news.google.com/rss/articles/CBMipwFBVV95cUxOVk9PMWstbVYyWVNZeXdKNWZCcEZ2eEZQajJlQ3FuYW9YRklXaGFpckFBbUdrNVp6ZzVmMndhNVdlVWxLRVNxZnk4T2k3dkRxUnJtREE4TmFhUlB4ZzBnTm9KeUJia2RVSVRXMzhubGY0YUpXRHRDdElOTi1VcG9RTjJHQVRYNnVjZDhpT1lLbkhKT0NqRkFqTUFCM0EySmJZOEgtbEF2WQ?oc=5) · Wicked Local
- 2024-01-26 [Fresh off World Economic Forum, BoA CEO makes rounds in Wellesley - The Swellesley Report](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQTDZ4ek1pczFSRGRvbGluZUZWaVE0eXNIYy1DclJkaVY1c05ERTU0M01oQ2RvQVhBUlZnTmxwX1FtaW10LXVwMDJSRVVsa1JQc3k4eW04bkF4Nnd3TVQ0eXVWTklyMGc0V3NqajRRRmpXTHo3dl8wMmRrSlVGNUFrcHUwWGhLa1ZoV2RncGcxU1pobzh4dTkzZXRjU1ZZRnFMYS1Ic1lPUUc?oc=5) · The Swellesley Report
- 2018-05-01 ['Route 128 Bandit' Pleads Guilty To Wellesley Bank Robbery - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxQRUVNc21DVHI0WHJtQzVhQnljdGE4MENEeU5TZ0pXc0hOOW9ucjlFaUdpNTEwQktKVHdXOWZTZVRCcTdGNHJSVFRNWGU3bjJxT25Dc2cxRWk1eVNjd25XVHU0V19vS0lkMWpZZ1pQQWk0ODJPc0hXLUtwOHNBLUtaMFd0RHVueGJiT2RoZzl3RjUzVzVaVEFDTWhqMA?oc=5) · Patch
- 2016-01-08 [Francis Shea Obituary - Sandwich, MA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxQOFNhTWttQ1JaUEthQXZXemZ5MGxrcm1xYVFtekp4Sl9TckcyZ2Y2bnlKOWJnNUY1Rk1VQ0d1M3ZGSWV4WDg5VVpDbkk4bzlsX1hqazh6b2xGT1N5R0wweVQ5WXcyWDdkcTdXemxibjJQLWVKUzI3SDRiNHJVSWhWQw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26605 (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/45.json (key "26605", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide