# PILOT BANK
TAMPA, FL · FDIC certificate 27045 · asset band $300M-1B · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 2 (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 | $638.3M | |
| Deposits | $556.7M | |
| Loans and leases | $518.8M | |
| Total equity | $58.4M | |
| Loans / deposits | 92.36% (p89 of band) | 70.11% |
| Liquid assets / assets | 15.62% (p8 of band) | |
| Uninsured deposits / deposits | 57.97% (p97 of band) | 26.09% |
| Brokered deposits | 6.93% | |
| Wholesale funding | 9.19% (p85 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.45% (p41 of band) | 9.79% |
| Unrealized securities loss / equity | -1.12% (p11 of band) | 0.82% |
| AOCI / equity | -1.62% (p37 of band) | |
| ROA (annualized) | 2.18% (p93 of band) | 1.18% |
| Net interest margin | 3.76% (p76 of band) | 3.35% |
| Efficiency ratio | 41.28% (p5 of band) | |
| Noncurrent loans | 0.08% (p23 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p61 of band) | |
| Reserve coverage of noncurrent | 1124.63% | |
| Real estate % of loans | 42% | |
| Construction % of loans | 38.26% (p52 of band) | |
| Auto loans | $3,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 28.5% | |
| Employees | 76 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 5 | expense ratio p90, charge-offs p90 |  |
| 2011-09 | 5 |  |  |
| 2011-12 | 5 |  |  |
| 2012-03 | 3 | capital falling | losing money, expense ratio p90, charge-offs p90 |
| 2012-06 | 4 | leverage <7% |  |
| 2012-09 | 5 | losing money, charge-offs p90 | noncurrent p90 |
| 2012-12 | 7 | expense ratio p90, assets shrinking |  |
| 2013-03 | 7 | deposits shrinking | charge-offs p90 |
| 2013-06 | 6 | charge-offs p90 | capital falling, leverage <7% |
| 2013-09 | 5 |  | charge-offs p90 |
| 2013-12 | 4 |  | assets shrinking |
| 2014-03 | 5 | capital falling, uninsured deposits leaving | deposits shrinking |
| 2014-06 | 7 | brokered >10%, wholesale funding >15%, leverage <7% | uninsured deposits leaving |
| 2014-09 | 7 | charge-offs p90 | wholesale funding >15% |
| 2014-12 | 4 | wholesale funding >15% | reserve under noncurrent, capital falling, brokered >10%, charge-offs p90 |
| 2015-03 | 0 |  | losing money, expense ratio p90, leverage <7%, wholesale funding >15% |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 2 | losing money, expense ratio p90 |  |
| 2018-03 | 0 |  | losing money, expense ratio p90 |
| 2018-06 | 2 | brokered >10%, wholesale funding >15% |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 3 | capital falling |  |
| 2019-03 | 3 | expense ratio p90 | capital falling |
| 2019-06 | 2 |  | expense ratio p90 |
| 2019-09 | 3 | capital falling |  |
| 2019-12 | 1 |  | brokered >10%, wholesale funding >15% |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 4 | loans exceed deposits, uninsured deposits >50%, wholesale funding >15%, run vulnerability |  |
| 2020-09 | 2 |  | uninsured deposits >50%, run vulnerability |
| 2020-12 | 4 | uninsured deposits >50%, run vulnerability |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 | capital falling | loans exceed deposits, wholesale funding >15% |
| 2021-09 | 2 |  | capital falling |

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

- 2021-06-17 [Pilot Bank sells in $96 million deal - St Pete Catalyst](https://news.google.com/rss/articles/CBMicEFVX3lxTE9jRmczSnBOblFFU296UUFZSkpxcEZ6aUdRLUdLZDZLTFFhMEcxTEhmSUZlWFRQUmNaSGpBYlNVVDNIMVBTQ2ctNmlYYXRLRVM5S1JyYkpidlpTUDY3d1A2NGY5RUhWZDZ3Sml1NTFKN2U?oc=5) · St Pete Catalyst
- 2021-06-18 [Michigan credit union aims to buy Florida bank in year’s 5th such tie-up - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxOSTNQMk9wSW9JWGZfbFFIUEdET1RsblR1NGM1V3J4dmRzRWF1MjMwSXNVVWlXTkRKOTVmQnJnNk82LUJMa1RYbEdJVG9QOUl6MWFRVi1Rdy1EZDEzcHhTbmNnNnF4cHJpX2pnYkxCVDFkQThsdTRmNmhpVzFZTGE3Zy1xbUVIbkctVzlqZ1BjV29ueHN3cVUxVkRKMzVPaEpWbTA0dThCbmM2emFSYmtlZTd3?oc=5) · Banking Dive
- 2021-06-16 [Tampa's Pilot Bank to be sold to Michigan credit union - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxOZ2FlX0d0TE5FTG1ma3FRNzJxeUtRUDRHRnA4S0Z2b09Tblh4OXZwUV96Q3g1S3Nwa280MjNXMVl3S2hmZGpDWERsV1B5YUlxMEpBRUZ5TlB5cmlDeVBQSDk0cmdjUjE2ellXVWw4R05ONHY2S0ZLOE9YbDdGa19OZTJsNnlERDQ2S3NKVEM5S0wwUXVZNU42M3dEcmd1alU?oc=5) · The Business Journals
- 2019-12-23 [ATM blown up in Westchase - FOX 13 Tampa Bay](https://news.google.com/rss/articles/CBMilwFBVV95cUxPZDZGTEF1aE9ONlBOUGd6VVlKcXZMbC13TlhzVEM2SHctWHd5YTByaXRTV051MTlQZldBQU5oZndoMHJlODNELU4xSkdKbzJmcFd0dDc3LU9uZm5seDhWT0VwWjJnbXk0MGZpWnZZSzN6SXJCb2MyTXJhazRXQldlbUt4eXZ5VDRUeC1NRWFGR3J4NF82TmVv0gGcAUFVX3lxTE96N05MVk1TaHl5SXpTbzlodjMyRkdWNDVXdVJoa2twOXVTcFBKNWlPa1dKNGcyTERGWnFvSUFSb3g0YUpSYXg1amlwUVU5SU8wMjZHbGx6TXJJNzdsMlp6UkQ3V21IZ2tLNkotekRBQ3NuVDJmRmhpSjlLOWd6ZHh1Yk9mM3A5U3FXVmNTLUg3MGVnLUxQb0JmRnFJVg?oc=5) · FOX 13 Tampa Bay
- 2020-06-19 [COVID-19 CEO update: Rita Lowman, Pilot Bank, Tampa - Business Observer](https://news.google.com/rss/articles/CBMilwFBVV95cUxPN2hhNkVUQ09KMl9VTEl4YVI0VVVvTkRVbGNQeW90MjJ0SC1xdzdRTVNBdGZzVi1CeXl6NE1jTGY2a2ptREJaNGo4OE9OWVMyaUk0RVFwWGRkSDNQWFczUEJlLWcxRFBBaDQ2NmwwT3JWQk1ORGVPZGlqenI5ZnRSLXlWUjNZbllnY2wtU0YtU3YzSHR4QzNZ?oc=5) · Business Observer
- 2018-10-10 [First look inside the new Pilot Bank in St. Petersburg - St Pete Catalyst](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPZXFxM2hEaWlxZEJGZS03bUlLQV9SQ1FHdGxlbUczV3V2QnVrMXBMOTZTRVJsZGt4aWp6d1FTQkY1LTdjRmc5TzNGUWZFVEpnNktGV0Z0YVFMMmo0LWdlNVhDaTFrN043blZzclVBaWZTemtyOW1ISUJmeU45UUlVRUR0MjV5Z0Fo?oc=5) · St Pete Catalyst
- 2016-11-25 [John Puffer Obituary - Tampa, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMie0FVX3lxTFBWMnVkdDJieG1HR19RS1h0MTh5ODJuSFVJdHgxU1BScG0yYmtiNTVSUWpvVnl2TzBfMFJZazdhaERyTTl3RDg5cnM1WmFhX3NsUUZKMUZfa1Flb2w1NllPTlF4RXQxNFAyUG0tMDZZZHpYSDFDd25ieGVJbw?oc=5) · Dignity Memorial
- 2021-06-22 [Midwest credit union continues promised expansion into Florida - Business Observer](https://news.google.com/rss/articles/CBMitgFBVV95cUxPMTRnY1NnUnZpR3RwMlpsOGxxczQ2NUpRN1FIODliSW4yUzNQR21JRDE1alN2dWc1em1mUUxlMnFTLVJCenI0STBjMXhFUm15WF94QUJycVBpMnNUT3FEYzYxWkxWa3lmMk84LV83andBQkFsOVVjeTJ0UDloTWVISjhoRmoxNVI0NGR3OEd3andtbFJWYkppMVM1a0o5TTdJR3hBS01maTl0VHJRdTlscnFmd0R0dw?oc=5) · Business Observer

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27045 (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/37.json (key "27045", 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