# MALVERN BANK N A
PAOLI, PA · FDIC certificate 27861 · asset band $300M-1B · latest filing 2023-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $970.0M | |
| Deposits | $678.2M | |
| Loans and leases | $792.0M | |
| Total equity | $165.5M | |
| Loans / deposits | 115.44% (p98 of band) | 78.66% |
| Liquid assets / assets | 12.81% (p10 of band) | |
| Uninsured deposits / deposits | 18.35% (p24 of band) | 25.20% |
| Brokered deposits | 1.94% | |
| Wholesale funding | 13.86% (p82 of band) | |
| FHLB advances / assets | 11.86% | |
| Tier 1 leverage | 17.60% (p96 of band) | 10.26% |
| Unrealized securities loss / equity | -10.97% (p72 of band) | -22.52% |
| AOCI / equity | -1.63% (p5 of band) | |
| ROA (annualized) | 0.43% (p14 of band) | 1.06% |
| Net interest margin | 2.96% (p22 of band) | 3.48% |
| Efficiency ratio | 73.58% (p73 of band) | |
| Noncurrent loans | 2.27% (p97 of band) | 0.23% |
| Net charge-offs (annualized) | 0.00% (p28 of band) | |
| Reserve coverage of noncurrent | 50.66% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 18.33% (p21 of band) | |
| Auto loans | $269,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -15.2% | |
| Employees | 72 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

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

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

- 2024-05-21 [William Woolworth Obituary - Reading Eagle](https://news.google.com/rss/articles/CBMibEFVX3lxTE5XTjI0ZE1XalRxYUdBSERXQThtRGlNYmRpVWxUR2ZBTndlTVNLMlRra0ppZTNsTl9sbXBGZHZDTm9pZkVXaXYyRDZFeGxOaG9oQktJLVNpZG5hQnRHVnFNZkY5REtEM0pMVUVUXw?oc=5) · Reading Eagle

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27861 (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/21.json (key "27861", 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