# BURLING BANK
CHICAGO, IL · FDIC certificate 27556 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 5 (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 | $214.2M | |
| Deposits | $180.3M | |
| Loans and leases | $176.1M | |
| Total equity | $31.8M | |
| Loans / deposits | 96.39% (p88 of band) | 73.59% |
| Liquid assets / assets | 17.31% (p16 of band) | |
| Uninsured deposits / deposits | 59.30% (p99 of band) | 19.81% |
| Brokered deposits | 7.00% | |
| Wholesale funding | 7.00% (p78 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.65% (p68 of band) | 11.76% |
| Unrealized securities loss / equity | -1.45% (p73 of band) | -6.57% |
| AOCI / equity | 0.12% (p90 of band) | |
| ROA (annualized) | 2.43% (p93 of band) | 1.17% |
| Net interest margin | 4.92% (p88 of band) | 3.93% |
| Efficiency ratio | 53.21% (p20 of band) | |
| Noncurrent loans | 3.77% (p95 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 34.37% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 50.85% (p80 of band) | |
| Auto loans | $3,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 14.5% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **run vulnerability** (`liq_runrisk`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 | losing money | capital falling |
| 2012-06 | 2 | reserve under noncurrent |  |
| 2012-09 | 5 | capital falling, deposits shrinking, assets shrinking |  |
| 2012-12 | 4 | NIM <2.5% | capital falling, deposits shrinking |
| 2013-03 | 6 | expense ratio p90, deposits shrinking |  |
| 2013-06 | 4 | noncurrent p90 | losing money, assets shrinking, deposits shrinking |
| 2013-09 | 5 | AOCI drag >20% of equity |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 2 |  | NIM <2.5%, expense ratio p90, AOCI drag >20% of equity |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 3 | capital falling |  |
| 2015-03 | 2 |  | noncurrent p90 |
| 2015-06 | 2 | noncurrent p90 | capital falling |
| 2015-09 | 1 |  | noncurrent p90 |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | uninsured deposits >50% |  |
| 2016-12 | 0 |  | uninsured deposits >50% |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | deposits shrinking |  |
| 2017-09 | 3 | assets shrinking, uninsured deposits leaving |  |
| 2017-12 | 1 | uninsured deposits >50% | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2018-03 | 1 | deposits shrinking | uninsured deposits >50% |
| 2018-06 | 1 | uninsured deposits >50% | deposits shrinking |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 | deposits shrinking | uninsured deposits >50% |
| 2019-03 | 0 |  | deposits shrinking |
| 2019-06 | 3 | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |  |
| 2019-09 | 1 | uninsured deposits >50% | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |
| 2019-12 | 3 | wholesale funding >15%, deposits shrinking, assets shrinking | uninsured deposits >50% |
| 2020-03 | 1 | uninsured deposits >50% | wholesale funding >15%, deposits shrinking, assets shrinking |
| 2020-06 | 0 |  | uninsured deposits >50% |
| 2020-09 | 0 |  |  |
| 2020-12 | 1 | uninsured deposits >50% |  |
| 2021-03 | 2 | capital falling |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | capital falling |
| 2022-03 | 1 |  |  |
| 2022-06 | 4 | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |  |
| 2022-09 | 7 | loans exceed deposits, construction >100% equity, assets shrinking |  |
| 2022-12 | 5 |  | wholesale funding >15%, loans exceed deposits |
| 2023-03 | 6 | loans exceed deposits, wholesale funding >15% | assets shrinking |
| 2023-06 | 4 | capital falling | uninsured deposits >50%, deposits shrinking, uninsured deposits leaving |
| 2023-09 | 3 | brokered >10% | loans exceed deposits, capital falling |
| 2023-12 | 5 | loans exceed deposits, uninsured deposits leaving |  |
| 2024-03 | 4 | uninsured deposits >50%, run vulnerability | wholesale funding >15%, loans exceed deposits, uninsured deposits leaving |
| 2024-06 | 3 |  | run vulnerability |
| 2024-09 | 4 | loans exceed deposits, wholesale funding >15% | uninsured deposits >50% |
| 2024-12 | 4 | uninsured deposits >50%, run vulnerability | loans exceed deposits, wholesale funding >15% |
| 2025-03 | 5 | deposits shrinking, assets shrinking | run vulnerability |
| 2025-06 | 7 | loans exceed deposits, wholesale funding >15%, charge-offs p90, uninsured deposits leaving | construction >100% equity, uninsured deposits >50% |
| 2025-09 | 6 |  | uninsured deposits leaving |
| 2025-12 | 4 |  | loans exceed deposits, wholesale funding >15% |
| 2026-03 | 3 | uninsured deposits >50%, noncurrent p90, reserve under noncurrent | brokered >10%, deposits shrinking, assets shrinking, charge-offs p90 |
| 2026-06 | 5 | capital falling, run vulnerability |  |

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

- 2025-11-17 [LevelField Bank Approved to Offer Business and Consumer Banking and Digital Asset Services in all U.S. States and Territories - PR Newswire](https://news.google.com/rss/articles/CBMiiwJBVV95cUxQcDNXbWVteTdPYUJnMXlIWFh5am43Y1ZhZ1BUTUJGX29CYk1zRUhFZGFvTXJ0b3ZYWHloYVBEZVlBV183bzZRWUpYOTc1NEg2OEJ0Z3h1NmhOaVJ2c1ZUbmNfNEhfUDBMa3BnUWl2dkJXbmxQQzE3YThNXy15d2htWUFIMENtZU5Ycm1FN25PcktZVmQtZjVyQUJpN1g5TXhXRU5qMkw1a3g5MGZWeXF4RWcxeEppNFN4amZ4NER5R1dOM0VBcU5tSTRzVlRaWHZhc0lFYmx2cjZRU0xMbnNTWXFwSWNOQ2Zub2FQWmNjWGhvdG1YYjBHZ045VmZiWjV3V2NtWmhzcW1BeXM?oc=5) · PR Newswire
- 2025-11-19 [LevelField gets state approval to buy Chicago bank - Banking Dive](https://news.google.com/rss/articles/CBMivgFBVV95cUxNYmZGYUVYSGhBRG02bTFTdkFIZkVjNkh0bTNFdkJ4Uml5RmN3b2pRSlFfMTZ1N0pYLWtGX284cHYxWUlKRE1qY2k1ZHNsMmVscTNraVZVdkY3X2NybG9ySlhpUXpXOXQxbkd5eDVXRk12eldPYkNEcFI2UGJfa2tlc2lTYUVGVGdBcGN4RWVvQ1NIWG43SHluTFhzcF9ka2xCNnpUOGtBTVhGbEZqMUJXNml5ekRxcWEtTkFQbDRR?oc=5) · Banking Dive
- 2025-11-17 [Crypto Firm LevelField Secures Illinois Approval to Buy Bank - Bloomberg.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxNamZJSXFCQlhzdnhuVlRLbTF4RnRTWklQMmxsaDVTYzB1R0tPWmNBRmctMVlrUTRzOUJQM0Q0U0lGN3hGRy1tdzN1OVdEdDk1M0NobmNEYlNpbkxnZkhvR0VkcVdJY1dtT2hxUHFPdGlORC1rQlBSbkdqMGMwNkJWZmJGajBrekxVb1FXUE91WDlhajRvcnNyb045aXRNblRlX3JaaTJTNnBIcXIwWldDUw?oc=5) · Bloomberg.com
- 2025-11-17 [Digital asset firm LevelField closer to buying Burling Bank - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxQNUNOLUwxSU9YdW53MWRYZUNnM2o5Qnd3WndpQWNpRWtXUGoweEIwLTFOQjdFNUh0VWpwNE1BY2FxNWlZNWpaLXJPTDdqd2xNT1J2MnJoaEdadDBxalR6dW8zTmFJRDk5MUVCa3dOcHdtSU1xbFBLdldxb0VWZU10UVRlTFM4aWEzaVJOeFhIOGRTZFZDVUJ2dkd6UQ?oc=5) · American Banker
- 2025-11-17 [Ill. OKs Next Step For LevelField's Crypto-Focused Bank Bid - Law360](https://news.google.com/rss/articles/CBMinwFBVV95cUxOUnZweTROOXRRU1p1SlZhMGxmUUZmVjZVaHRRY1prYm5tNngwZ3ZoTS1MRXBMdWNKUWhkY1U2WlpPYms3LTZ6T3hJVE5La1FhRXNSUnQ4QUxrbG1QelRCdUdfTWtvTVpqSU5NbVpkRk5ZdlpOOW8zNkhNRVN6OEJiejdJMGVHNnlkbTRxbFpYcXY1V0lTMXVvc2hBaEFMaHPSAVZBVV95cUxQdXJ2QndnazZLa2FYYnJ2Qi1aX1dvYmJ5WUgtNFVVenVwdEIwNm9SeC1ENHlsZlhuVjBTU1E3OGdHMXowdkhYQkhfR0FoSVFfX3JhTEM3Zw?oc=5) · Law360
- 2024-06-14 [Christie’s exec, Burling Bank CEO list Winnetka home for $5.3M - The Real Deal](https://news.google.com/rss/articles/CBMiowFBVV95cUxPVGRad2ZEa3FYUDZvcVI4ZFFFaTdDZ0NlMG9nVmVLb2RlXzEzOVZXUWVxVHpleHVRU3cwWmFQX3hEcVg4Z1hUSldIVV9ySi1mdElURlNhUk1fWExnYkgwTWYwdlY0V1hwX1lZTGRtd2xEa1BfZDlVd0NkRktUTDVtc0pQT0M1R19PNzBpcDVrNURXQmVubDJxWDJkRzQyT2lyMWww?oc=5) · The Real Deal
- 2021-03-25 [Illinois digital asset charter bill falls short in spring session, persists for next round - Payments Dive](https://news.google.com/rss/articles/CBMimAFBVV95cUxQS0o4WXBMSElFbmR1b2NTNzZQMFlGcTNHY1JySy1ScWNOcU1aeXNvR2pSSmpDalQ3cGs0MWhmYkszZVpkNWRUQzZDYzZYbm91U0diNWNXSW5PYV9hMVB4SWVab1VENWNuWEd4Uy1LYnpHaFFFOGQ1cEc3NjE2OWIzZmI0SUQ2N1M0WTl0Q19idnI1MFhJYUlKbw?oc=5) · Payments Dive
- 2012-10-26 [Former Burling Bank exec accused of stealing $3 million - Crain's Chicago Business](https://news.google.com/rss/articles/CBMivgFBVV95cUxNY0tvMUhVYUtXR2I1eG9BT2ZjVW1RM01fU043SjUxakFtMnNpNXZOeG1EUkxheEhGVTJjQ1RNaW5rSGdyTm5xQVVTeFN4V1U5VDhJbjB2VlNMZEpRLUFvbGxRTHlRRTVVZ3E4UHZpeTR5b1NZYjhkcDdlS1kxNzhYcHZmbllTOVV6QVdBYVdpYTBpT0V2bXhHYjN2QlhSX2E4N0ZUZ3NNWlpab2VMY1k3eVVwZ1p0YU9rV2J1M0J3?oc=5) · Crain's Chicago Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27556 (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/36.json (key "27556", 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