# FIRST BANK OF BOAZ
BOAZ, AL · FDIC certificate 2784 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 1 (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 | $239.8M | |
| Deposits | $208.0M | |
| Loans and leases | $70.1M | |
| Total equity | $29.0M | |
| Loans / deposits | 33.22% (p8 of band) | 73.59% |
| Liquid assets / assets | 66.34% (p92 of band) | |
| Uninsured deposits / deposits | 28.95% (p79 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.83% (p52 of band) | |
| FHLB advances / assets | 0.83% | |
| Tier 1 leverage | 19.66% (p89 of band) | 11.76% |
| Unrealized securities loss / equity | -105.78% (p1 of band) | -6.57% |
| AOCI / equity | -0.51% (p44 of band) | |
| ROA (annualized) | 0.85% (p33 of band) | 1.17% |
| Net interest margin | 2.67% (p7 of band) | 3.93% |
| Efficiency ratio | 62.09% (p40 of band) | |
| Noncurrent loans | 0.05% (p30 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p15 of band) | |
| Reserve coverage of noncurrent | 3032.35% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 24.29% (p58 of band) | |
| Auto loans | $2.2M (3.08% of loans; DQ 0.42%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.1% | |
| Employees | 23 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | capital falling |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | AOCI drag >20% of equity |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | deposits shrinking |  |
| 2019-09 | 0 |  | deposits shrinking |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 1 | wholesale funding >15% |  |
| 2021-03 | 0 |  | wholesale funding >15% |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 0 |  | capital falling |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 | assets shrinking |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  | assets shrinking |
| 2023-09 | 4 | AOCI drag >20% of equity, deposits shrinking, assets shrinking |  |
| 2023-12 | 3 | uninsured deposits leaving | AOCI drag >20% of equity, assets shrinking |
| 2024-03 | 3 | NIM <2.5% | uninsured deposits leaving |
| 2024-06 | 3 | capital falling | deposits shrinking |
| 2024-09 | 3 |  |  |
| 2024-12 | 1 |  | NIM <2.5%, capital falling |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | assets shrinking |  |
| 2026-06 | 1 |  | assets shrinking |

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

- 2018-09-01 [Community Banks – Alabama’s Top Performing Community Banks - Business Alabama Magazine](https://news.google.com/rss/articles/CBMid0FVX3lxTE5oeGFjWFFaNldzejJERVlMNzk4dFE4LUc0YVJqVmc5YW1jVnJKZldETFlLUktNcGZybkFUOUlXV3F4dUlCT2FkZldHa1dQaUZ5UXFPeXZ3aGQ0Z2swbFp2QlJyMFJkMEJBUndOLTdJaXQwRXA2bXBz?oc=5) · Business Alabama Magazine
- 2024-06-28 [Ray wins sixth Gadsden Country Club Championship - sandmountainreporter.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxQY2N3WGlsMWFTb0RuTXhFV0IyRXA5WjVETlhZdGN2VGp2ZDl0Y2pOR1E1QmJaWFZacjFwZlJPN1ZBajFQNUJwWWNlNW5jcXRhMW5lYkF2Mm9UdjBSZXpiNlVxZ0pncFJ2SDFHRXYtcENjV2Nvb0VQQi1pMFlIeWtuNnhLMWRjLXMtc2IzS2JRclJQZkxCYWxibXZqUE1CbVEySmhiaA?oc=5) · sandmountainreporter.com
- 2016-08-30 [Centennial Businesses Part 2: Alabama firms founded more than 100 years ago - AL.com](https://news.google.com/rss/articles/CBMieEFVX3lxTFB0dkxCdkQ3TlZvenB3dEVOcmV0ME9TV2hFOUVOckVBZmttM1RJUi1SQXJQZmhQTDBFbXdPaktJbE53MUlmdEhYNklDQWJJVlZLTl9oTWxoT3JYQmZZSy1pNlB3QldvY1hVMDlseE5jekRzRFloUzJKQg?oc=5) · AL.com
- 2024-04-25 [Horace Kilpatrick Obituary (1935 - 2024) - Auburn, AL - The Opelika-Auburn News - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxNQVFlUDllSVNOVU0xQVcwakVraFV0aXBuLW9QUnRIaVFTLWZ0SWVmeTY0LWFHWks3ZXFMam1odGdFbW96Vk9iVzV4ckl4ODF6dDVrWUI0YkRvVVZ1T0JLTjVaNjJ4cXNqR0dZdkIzeGhwUVpRQXlNMS1zckd6cVlYdHpKSGVKVDRSQjhpampFQQ?oc=5) · legacy.com
- 2021-07-07 [Jessie Snider Obituary - Tuscaloosa, AL - Dignity Memorial](https://news.google.com/rss/articles/CBMihgFBVV95cUxQMTE5aXpzQmpBd0M1dENlYkMxZGZCMGZjVGFMTF90SkhtUTBCbXdaVGVEb25iM2FXc1JkYXV0R0REbTh3U25vUmtsX3ExeFpNMVM5UVpORGFIaXNsRUhsdzg0U3hQR2J2WDVhZlBiSHdFNkpMLWt0OU9EV3pPM0xHVnRHcWNkUQ?oc=5) · Dignity Memorial
- 2024-09-28 [60th annual Boaz Harvest Festival may be biggest ever - sandmountainreporter.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPc3JqVlY4b3ltZnNZNmR3Y25vVGJPM2ZYX1ZZQ01naldoSDd5TllWenRfeS1qNDJ0QTJlcThjM1piUmJiVGstdUZHV0lwUVdGNE1Kc3Y2MTNRUzIwLVotZDJiVXg2NC01SmxqQlludkJmTXUtbFQ1Nmh4bWVSQmEtVkZ5T1lzSUhEQ2tlVWpHazh6djZnbWc?oc=5) · sandmountainreporter.com
- 2025-04-18 [Boaz officers, administration recognized - sandmountainreporter.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQcDdubERoV0U1WGpwQUQxRldLMW9jdHFUdmNteHdwRHAtQ2k5cG41MjhUSUw0ZWd4UDNXbFZIWVJWNGFQX3JoN3U3VXpNbDdlTFpCX3V3dUs5RDlUbjhYcDhfT0YxWmI1cFM5LUhFQWUzdGRlb21CZU5DZzFHU3RyRW0xV2tvUzJTdkNjUFpnUzdvNi1jR1E?oc=5) · sandmountainreporter.com
- 2022-10-05 [58th annual Boaz Harvest Festival offers fun for all - sandmountainreporter.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPb0Fwd1NsMkVoNVVYOTlJY0c3ZFI5TkNGUEdtem4ybnZwQ3NpUW03ZDRTNWlJX2VrSEpPSm1zLS1UbDVhNm9UV2JnOTI0bXRfWTlCVzhhUVVkWGRyQzdWakRkZnQyb2tBSUVRSlpqWmNPZUlpcUluOFNvYjR1cjNkYjVPMU1vbmVtRHl5OGg0Yzc1cDBwM2FocDNpNW13QQ?oc=5) · sandmountainreporter.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2784 (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/32.json (key "2784", 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