# FIRST NATIONAL BANK OF PASCO
DADE CITY, FL · FDIC certificate 26829 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $280.0M | |
| Deposits | $234.1M | |
| Loans and leases | $169.0M | |
| Total equity | $20.0M | |
| Loans / deposits | 70.94% (p45 of band) | 73.59% |
| Liquid assets / assets | 33.69% (p52 of band) | |
| Uninsured deposits / deposits | 33.98% (p88 of band) | 19.81% |
| Brokered deposits | 1.43% | |
| Wholesale funding | 10.35% (p85 of band) | |
| FHLB advances / assets | 8.93% | |
| Tier 1 leverage | 10.23% (p28 of band) | 11.76% |
| Unrealized securities loss / equity | -61.21% (p4 of band) | -6.57% |
| AOCI / equity | -0.99% (p28 of band) | |
| ROA (annualized) | 0.37% (p14 of band) | 1.17% |
| Net interest margin | 3.77% (p42 of band) | 3.93% |
| Efficiency ratio | 88.42% (p88 of band) | |
| Noncurrent loans | 0.36% (p50 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p22 of band) | |
| Reserve coverage of noncurrent | 467.97% | |
| Real estate % of loans | 65% | |
| Construction % of loans | 50.59% (p79 of band) | |
| Auto loans | $44,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -12.0% | |
| Employees | 51 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 5 | capital falling |  |
| 2011-12 | 6 | leverage <7% |  |
| 2012-03 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money, noncurrent p90, reserve under noncurrent, capital falling |
| 2012-06 | 3 |  | deposits shrinking, uninsured deposits leaving |
| 2012-09 | 3 | deposits shrinking | leverage <7% |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 2 |  | deposits shrinking |
| 2013-09 | 3 | deposits shrinking |  |
| 2013-12 | 1 |  | assets shrinking, deposits shrinking |
| 2014-03 | 0 |  | charge-offs p90 |
| 2014-06 | 1 | charge-offs p90 |  |
| 2014-09 | 2 | reserve under noncurrent |  |
| 2014-12 | 1 |  | reserve under noncurrent |
| 2015-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2015-06 | 2 |  | uninsured deposits leaving |
| 2015-09 | 4 | noncurrent p90, reserve under noncurrent |  |
| 2015-12 | 1 |  | assets shrinking, noncurrent p90, reserve under noncurrent |
| 2016-03 | 1 | capital falling | deposits shrinking |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | losing money, expense ratio p90 | capital falling |
| 2018-03 | 1 |  | losing money |
| 2018-06 | 2 | capital falling |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 0 |  | expense ratio p90, capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  | capital falling |
| 2022-09 | 3 | construction >100% equity |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | capital falling | AOCI drag >20% of equity |
| 2023-06 | 3 | expense ratio p90 | capital falling |
| 2023-09 | 3 |  |  |
| 2023-12 | 4 | capital falling |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 3 |  | capital falling |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | capital falling, deposits shrinking | construction >100% equity |
| 2025-03 | 4 |  |  |
| 2025-06 | 5 | uninsured deposits leaving |  |
| 2025-09 | 5 | assets shrinking | capital falling |
| 2025-12 | 4 |  | uninsured deposits leaving |
| 2026-03 | 3 |  | expense ratio p90 |
| 2026-06 | 3 |  |  |

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

- 2026-08-31 [First National Bank of Pasco Resolves OCC Formal Agreement - The National Law Review](https://news.google.com/rss/articles/CBMimwFBVV95cUxPNHpvMndfbjdOLUFHQUk1YU5EdERtNVRhaDdFVVBHaF9ocGpCYUVGdHRBYVN3TUN0MnJBZ0pOQWRwNkRJMDN5VGxoOEpxS3ZmN0djMG9oMFVYaExfckJCd1hTWUZKelpVREtxMnpROUV0OGxlTGpBSUdKZS1lOExSdVN2MllPRHY1UmJoNkhsMlVYMThWR1hZNGRZUQ?oc=5) · The National Law Review
- 2026-08-31 [First National Bank of Pasco Resolves OCC Formal Agreement - The Killeen Daily Herald](https://news.google.com/rss/articles/CBMi8AFBVV95cUxNV0NrUGFjbHlwSG85ZzUzNVFPVjRZWG9ySUVucGc1SG9TNVhtVkZJdEFZUkZRemVzUkU2bUFmeUlVWDRvWFVkV2tPYjN4M1gwTWRlenZBTmVORFRJU2NKM3BsWjVwRWhlUlNxTFppTTZUWGRmQ25hX1NrTENCUFNHQmg4MXAtVTU3M3prSlNLLVE1aHhvQ3U5UkZnYnRzNWJvOTk3dW9kY0d4Ty1FZDBOeUhNSjVtclBoc2VFTVk3ZnZrUGZYemkxNkFyVVlVRkZXSGRMYXFMc3BnNkV4a2tQOTlCenJOWGFZSnNaREloOXk?oc=5) · The Killeen Daily Herald
- 2026-05-19 [Judge halts Pasco bank's board vote in key ruling for high-stakes lawsuit - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQUHljcnRtOTY1ZDR2cWhNOXQxcEJGYkg0N05UWUVXYUthS3JoSW5CYnRXWEdPS0lpMnowbHZ6UEhCNVBWTTRVSF9jd0NucHN6TDM0aTIwcXhxNWxXVnM1SVhhS0xCcHhSQ1NnZW9fRDhmemQ1dWZwNE8xejRqSVVXWFBBZUhxU1pfRDhMVjgyQXJVUjI0SUxESktraEJuOHhGdUxVeUo1X2M?oc=5) · The Business Journals
- 2025-11-11 [Florida Bank Faces the Sting of ‘Failed’ Cannabis Compliance - CRB Monitor News](https://news.google.com/rss/articles/CBMimwFBVV95cUxQcUhsR0R0STBuT090Y0R5dHdiVno3Q05jTVhYWGVudFBaOHFrNTktMWE0cVF6di1Wc0NIbXRmVDRkM3pGNC1KYnhkdnA1d0xSYUQzVzNsR0pZd055V2pkNndiVFgzbElNeUg2bWNadEtGV1RHZW1xWHB0dlNWQmtpTktyUEhBMFRzdThlSlNrc2tZbUt4Y1JJeUJWdw?oc=5) · CRB Monitor News
- 2026-06-11 [Pasco Bank Ex-CEO Alleges He Was Fired For Going To OCC - Law360](https://news.google.com/rss/articles/CBMimwFBVV95cUxPaDBGTHNBb0dOVWFlaVZ3Q25naWlpT1l4ZXhxalNRR2FlajFZWFd1LUw4SkhrU1RaVkluVnpDOXlHOXFIUFkzUGoyZDlVX3Nmc3M1MXB6MjN1am5vQmN1M3dvXzRRQXc0RDU5b1lPdF9mOHZXaHM1RkhvVkdFVXlpYlZHRk9YaXpwSEdwUXkwY0t4TmZGdFp6MlNXa9IBVkFVX3lxTE1WbTNOUldYWnVrRWRzdzMwWEFpR3ZSN0JQY1VaUnQxdWdfbVo0b2ZNUlFGUmVrVjJGeVpUY2NrT3hiSGNRSkZnUGw0VHNfX3FKUU4xeUVn?oc=5) · Law360
- 2025-10-17 [INSIGHT: 12 pages worth of AML issues identified at First National Bank of Pasco - amlintelligence.com](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNV2lUMDJsSk03SXBMZG83QmlTbnh4TVdXMlJSQUQ0UDZFNlZ5WFkyc1NBQmZ5TWNjQ0VnMVpYSG9WWVRxcTlqNEp0RjJLWFhhMU5Nd0daaGp5N3MwamxrcUdBUWdzTE5rNjg0TzBmRlF6SlZudnJvbl9OUjQ2SEdseVNJS3lLOXc1WWFMS1prb2djS3MyaVItSmxTRFZza0l2dmRpS2FudS0xRFA3RHZsYmJCVXNIZTlUR09rUkltbG1LNHB4dm9VMEFQaUE2VDl2NWtsZA?oc=5) · amlintelligence.com
- 2026-07-15 [Pasco bank accused of defying court order with sham election - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxNYW1BZGxCOGY0aTVFSUxrZUhYMlEyaU5hQkdhbmhFNmtZVFd3U2VOVExwLXJpcGx5UHFVQTFiaWRrQ3gzNmlRQ2VGcFM0dUlybU9BVGItbDRIVzRsMnN5aWFyVDBxb2pQR2IzMHpRbGZVb3ExSW00MGJWOVE2NjBvb2xRZGo4dG9XeURhbks4d0k2X0VOams4bHVKa0gyNTBlVVZV?oc=5) · The Business Journals
- 2026-05-18 [Florida Bank Shareholder Wins Injunction Over Bylaw Changes - Law360](https://news.google.com/rss/articles/CBMioAFBVV95cUxPaXRaM1VOTnVvX0JuZXJkckxHRkJ2Slo2SnF5S1Q4Vy01VmFUZ0drd0RpQXhLMk5LN1lrRllRZVhuRHpjbjJhYzBGU0dieHNlZzVVTHh4NGxFWVZfcjV4T3NZR0dnbEtmeEJPTEM3SHNIRXd3dDZXYVJ3MWh0RFpOcThkV2gtT05WeGN2NGV2aERwOFJKOWM5Q3BJVW8xdWd20gFWQVVfeXFMTkl4TGVHSGcyZENmWmdvTzl0ZWt1WmZQTkd1eUw5bDd5T0xpWGFGaEpyN3NHal9JWHl0Tm8xU2ZVOVduLS0tbjh4NjItZDBmVXN6LVMtc3c?oc=5) · Law360

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26829 (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/13.json (key "26829", 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