# WATCH HILL BANK
CINCINNATI, OH · FDIC certificate 27968 · asset band <$300M · latest filing 2018-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $165.6M | |
| Deposits | $103.3M | |
| Loans and leases | $151.0M | |
| Total equity | $15.8M | |
| Loans / deposits | 144.62% (p100 of band) | 78.40% |
| Liquid assets / assets | 4.67% (p1 of band) | |
| Uninsured deposits / deposits | 18.71% (p63 of band) | 15.34% |
| Brokered deposits | 2.74% | |
| Wholesale funding | 30.66% (p99 of band) | |
| FHLB advances / assets | 27.58% | |
| Tier 1 leverage | 9.30% (p16 of band) | 11.34% |
| Unrealized securities loss / equity | -0.87% (p74 of band) | -3.15% |
| AOCI / equity | -0.38% (p74 of band) | |
| ROA (annualized) | 0.54% (p19 of band) | 1.02% |
| Net interest margin | 2.78% (p8 of band) | 3.82% |
| Efficiency ratio | 76.64% (p70 of band) | |
| Noncurrent loans | 0.54% (p49 of band) | 0.57% |
| Net charge-offs (annualized) | -0.01% (p17 of band) | |
| Reserve coverage of noncurrent | 202.46% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 87.79% (p92 of band) | |
| Auto loans | $89,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.4% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **capital falling** (`cap_falling`)
- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, liquid assets <10%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 3 | losing money | liquid assets <10%, noncurrent p90 |
| 2011-09 | 3 | capital falling | losing money |
| 2011-12 | 3 | losing money | loans exceed deposits |
| 2012-03 | 5 | expense ratio p90, noncurrent p90 |  |
| 2012-06 | 5 |  |  |
| 2012-09 | 6 | uninsured deposits leaving |  |
| 2012-12 | 7 | loans exceed deposits |  |
| 2013-03 | 3 | charge-offs p90, deposits shrinking | capital falling, losing money, expense ratio p90, noncurrent p90, uninsured deposits leaving, loans exceed deposits |
| 2013-06 | 4 | losing money, expense ratio p90 | deposits shrinking |
| 2013-09 | 5 | uninsured deposits leaving |  |
| 2013-12 | 6 | loans exceed deposits, wholesale funding >15% | uninsured deposits leaving |
| 2014-03 | 4 | capital falling | charge-offs p90, losing money, expense ratio p90 |
| 2014-06 | 5 | expense ratio p90 |  |
| 2014-09 | 4 |  | reserve under noncurrent |
| 2014-12 | 3 |  | expense ratio p90 |
| 2015-03 | 2 |  | capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 3 | capital falling |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 2 |  | capital falling |
| 2016-06 | 4 | liquid assets <10%, expense ratio p90 |  |
| 2016-09 | 3 |  | expense ratio p90 |
| 2016-12 | 3 | capital falling | liquid assets <10% |
| 2017-03 | 5 | liquid assets <10%, expense ratio p90 |  |
| 2017-06 | 5 |  |  |
| 2017-09 | 4 |  | liquid assets <10% |
| 2017-12 | 4 | liquid assets <10% | expense ratio p90 |
| 2018-03 | 4 |  |  |
| 2018-06 | 5 | construction >100% equity |  |
| 2018-09 | 6 | deposits shrinking, uninsured deposits leaving | construction >100% equity |

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

- 2026-07-17 [Forcht Bank closes East Side branch in Cincinnati, leaving one Ohio location - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxNNXNicjFmeWhIR0dYTFVYVkE0Xzhwd1JRclFnQTVyaUpuWWJQSDFlSFZ1Q1A0N3FXQzBGR05JTnFpQUhJOHJ5a29HMDZoZnlNMDJ1dGxDR29wdVRfblJUNDBiMlFjbTRJNkdNTlkyT2FaYWlETjMtZThYOUdYNS1PX2R6YzdZMUdMVF9GZUx6eWFwT09fRTBTaEpHSQ?oc=5) · The Business Journals
- 2019-03-07 [Flush with banks, hundreds of billions of dollars flow in and out of Northern Kentucky - The Lane Report](https://news.google.com/rss/articles/CBMixwFBVV95cUxQTTdIbHNHUXBlMUV5dndGUXZzR2RnUnNrUUJUQ2ZHa3lQSVVLMldKdjJUY29rbW9NZkRGYTdqbldhVnVSUlZUbi1jeWowUUszYUtZVHNMRzdOZ01iM0ZfbFNwaTk3ZVQzOWROZE1jTzhCZF96UXU4ZENPR2JOSFk4SWxrSUI1YmJQM0Y5NG56U1VUVEZlbmFleXhfanZ2TFZ5T0FKU1I4TjlnbTVQXy1EcElSOHdVY2ZLQ0ZCamItekFMX1kya3JV?oc=5) · The Lane Report
- 2018-06-27 [Cincinnati bank gets acquired - The Business Journals](https://news.google.com/rss/articles/CBMikwFBVV95cUxPMkVHbXJhSE5ORWVVZ1pPUFJEeHRoNnZOeTZmWldiYXRvWHhYSEdKUW5sWFZSWU9remdQR0h3aHo5TDRCNmtleEgyMENYVWRRYlNjU3pjUVBxTEhyWGtkNE1WVUFZcEtRd2ZmTVdzTndqRkppcGRVRW5BYjgxRnplcG5wLUs4cEtOLVNEdEFKandaYlU?oc=5) · The Business Journals
- 2017-04-17 [Cincinnati bank debuts its first interactive ATM - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxQZmZsckpGeFNpRDh3MmVzZktCZTNnRnRpVjJoc0VNek9BUjR2a0I1NHVVNHNBVzM0YjBudTVFemdBRi12SU9hTnpmNS1kVFVfeEMydWR4SmI4eGhXeWl4Vktwd1M5Z2Y3WjV4UXhPa2RCaWJIazlrb3g0V1hxTWoxVHhubjhkUFVHYzFGb0luMmNnUTRYRXZ4MTFtNTdpdWk5LWc?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27968 (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/0.json (key "27968", 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