# FIRST EAST SIDE SAVINGS BANK
TAMARAC, FL · FDIC certificate 28144 · asset band <$300M · latest filing 2012-09 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 11 (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 | $65.7M | |
| Deposits | $64.9M | |
| Loans and leases | $39.8M | |
| Total equity | $361,000 | |
| Loans / deposits | 59.12% (p31 of band) | 69.20% |
| Liquid assets / assets | 30.75% (p40 of band) | |
| Uninsured deposits / deposits | 6.03% (p35 of band) | 8.50% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 0.28% (p0 of band) | 10.13% |
| Unrealized securities loss / equity | 64.54% (p100 of band) | 3.81% |
| AOCI / equity | 2.22% (p86 of band) | |
| ROA (annualized) | -5.60% (p0 of band) | 0.80% |
| Net interest margin | 2.99% (p14 of band) | 3.77% |
| Efficiency ratio | 229.91% (p99 of band) | |
| Noncurrent loans | 7.59% (p95 of band) | 1.27% |
| Net charge-offs (annualized) | 2.82% (p99 of band) | |
| Reserve coverage of noncurrent | 46.49% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.4% | |
| Employees | 12 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | leverage <7%, losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 5 | expense ratio p90 |  |
| 2011-09 | 7 | capital falling, charge-offs p90 |  |
| 2011-12 | 9 | leverage <5% |  |
| 2012-03 | 11 | deposits shrinking, assets shrinking |  |
| 2012-06 | 11 |  |  |
| 2012-09 | 11 |  |  |

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

- 2012-10-19 [OCC Appoints Receiver for First East Side Savings Bank, Tamarac, Florida - occ.gov](https://news.google.com/rss/articles/CBMif0FVX3lxTE9xV3p4QXR6cS1IMW40N2hTZ3NPelE2OGUxc2ZjUFVWZ3dnNlRQV0k5S19RYWJwRnZvZGRkYkRmbmN2NC03NXBJMlpwS2FDaUtUTWJzNDF3S1RoM1p1Ql9CRy1xR2NYRjAyUUVNQWVaTUdvMHREajlkdmpuMk15VXc?oc=5) · occ.gov
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2018-02-09 [Banks fell in the Great Recession, but they're stronger now - Naples Daily News](https://news.google.com/rss/articles/CBMitAFBVV95cUxPei12aGhVOUtaMDZOR3hMM1BaaUNfckgyanNFSnZ5YXRJMFR2TERZTy01WnZ6Q1had1VmUDZOVm1BQTNXclVwN2dPdkU5ZkNlb3dqLWRjYl9RZnd2NjFOVGVnUUduYklqVDUzRXlPcmZFNU5RNGJDT28xZWkwS1huVXJMU20tcGhTVXByVDBpSUd0NVVuY0R0S1hTcFVfN0ltVlFEdm9iQ1NpYkZnZWI5dXVCbVE?oc=5) · Naples Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28144 (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/48.json (key "28144", 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