# AUDUBON SAVINGS BANK
AUDUBON, NJ · FDIC certificate 28191 · asset band <$300M · latest filing 2018-06 · 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 | $150.0M | |
| Deposits | $108.2M | |
| Loans and leases | $88.5M | |
| Total equity | $9.2M | |
| Loans / deposits | 81.01% (p58 of band) | 76.78% |
| Liquid assets / assets | 30.54% (p51 of band) | |
| Uninsured deposits / deposits | 12.39% (p37 of band) | 15.22% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 21.00% (p96 of band) | |
| FHLB advances / assets | 21.00% | |
| Tier 1 leverage | 6.96% (p1 of band) | 11.19% |
| Unrealized securities loss / equity | -24.54% (p1 of band) | -2.38% |
| AOCI / equity | -9.60% (p2 of band) | |
| ROA (annualized) | -0.88% (p2 of band) | 1.00% |
| Net interest margin | 2.81% (p9 of band) | 3.78% |
| Efficiency ratio | 131.75% (p99 of band) | |
| Noncurrent loans | 0.15% (p29 of band) | 0.57% |
| Net charge-offs (annualized) | 0.00% (p40 of band) | |
| Reserve coverage of noncurrent | 565.44% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 22.65% (p57 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 | -7.0% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | wholesale funding >15%, leverage <7%, reserve under noncurrent |  |
| 2011-06 | 5 | loans exceed deposits, losing money |  |
| 2011-09 | 3 |  | loans exceed deposits, losing money |
| 2011-12 | 3 |  |  |
| 2012-03 | 7 | loans exceed deposits, losing money, deposits shrinking, assets shrinking |  |
| 2012-06 | 7 | uninsured deposits leaving | losing money |
| 2012-09 | 6 |  | uninsured deposits leaving |
| 2012-12 | 7 | losing money |  |
| 2013-03 | 8 | capital falling, expense ratio p90, uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2013-06 | 6 |  | loans exceed deposits, uninsured deposits leaving |
| 2013-09 | 6 | loans exceed deposits | capital falling |
| 2013-12 | 6 |  |  |
| 2014-03 | 6 | capital falling | loans exceed deposits |
| 2014-06 | 5 |  | capital falling |
| 2014-09 | 5 |  |  |
| 2014-12 | 5 |  |  |
| 2015-03 | 5 | charge-offs p90 | losing money |
| 2015-06 | 6 | loans exceed deposits, losing money | charge-offs p90 |
| 2015-09 | 6 | capital falling | loans exceed deposits |
| 2015-12 | 6 |  |  |
| 2016-03 | 4 |  | losing money, capital falling |
| 2016-06 | 4 | losing money | reserve under noncurrent |
| 2016-09 | 5 | assets shrinking |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 5 | uninsured deposits leaving | losing money |
| 2017-06 | 3 |  | leverage <7%, uninsured deposits leaving |
| 2017-09 | 4 | deposits shrinking, uninsured deposits leaving | assets shrinking |
| 2017-12 | 6 | losing money, assets shrinking |  |
| 2018-03 | 4 | reserve under noncurrent | deposits shrinking, uninsured deposits leaving, assets shrinking |
| 2018-06 | 6 | leverage <7%, deposits shrinking, assets shrinking | reserve under noncurrent |

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

- 2017-12-28 [Audubon Savings Bank to Merge with William Penn Bank in 2018 - NJ PEN](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNa0NvUVVHb0xvSVZOOGNRbHp6SWVlQjhUeVpxVWpOQWd1OW5LREhfNzVzd3dzYVNGUnFVYUV2OU5qNGxtUzdaR0k4UzBQSGc0VldPQzBDYndGT2dFdmhielVWV09qT2VNdHdsNnlPSGMzQXRZNHN1bGt2bXdMVzhsNUx3c25QNURkcUJR?oc=5) · NJ PEN
- 2019-12-07 [William Penn Bancorp to acquire two banks - PhillyBurbs](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOVXFRZGNHZ19yRUcxeXM4SjdqSWUzX2FfTjVEeUI4bGV4VDRaczgxODZTYi1TNnZJOWJfeHVXdTJlZW1OUTFYQzdieVhsbGxxc1J3a0lHaWxTcGdtazkzRzcxb2FQb2t3Mm1fNm5nNVc3Y0VMTUt6bmpXR3ZycjBWdTJPaG9oXzVVcGdNRGxkOEVucE1KQklxYUVTdXhWWG5fOTlZNG81dE4?oc=5) · PhillyBurbs
- 2021-03-25 [Bucks County bank raises $126M as it goes public; hires new chief lender from OceanFirst - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxORkdyX2VOLU43TVZYRU5EVUVCS0N4ZnFqUEZ0MmJMZFFkQVR5SHRhYmMxTUhKNkZiV25rbXQ0a0MwREV5dmpXaUJKM0dEa3d6eUVrSUx0Y1dzcFlWeWNuWnpNQWlmaU80R2JGNFJxSldLRDl6ZXpvcENHanBrSWYzNWNRbmxyczZjZlpYOUUtdVdxWHpqODFObG83bmxFTG9nSHp3NA?oc=5) · The Business Journals
- 2013-04-08 [People in the News - Inquirer.com](https://news.google.com/rss/articles/CBMia0FVX3lxTE9idDhqdE14czF0RHF1ZEcyREg1ZklERk5JTTZ1RTZSUjRpSjZkMGkxbGFlUXRKRDBsVzUxNlFCaTNSdW4zRU9YT0ZscmVTNkVpb24xSDdVSlBPZ051RjI3WjlJaGxmOHhXYmdN?oc=5) · Inquirer.com
- 2014-03-05 [Man shot dead in Audubon; borough’s first slaying since ’95 - Courier-Post](https://news.google.com/rss/articles/CBMiywFBVV95cUxOc1VieHZvZ3BhclJ6a3Q0aTNSUmpVTDM3MkJzWnozd3NzNGpFbklodjJ2d3NjQllvaF95c3pjUTM5TkdLVGt3cU0xRmdqSmQ3VHJlVm44ZXZKcEk1QTJiUEdQNVh0bnJyNzduVXlNN2dEekZtSk4xRUlWbkxObUFRRV9FWFEwSHRTWDdMRVJMUTNwaHBkaWw4di1sNEo1aThLSVhUVFROdG94Y0wtLVZWWVdtSk0xdVFxS2g4aWZ3M1lJSmN0ZmpMTmpGdw?oc=5) · Courier-Post
- 2017-12-28 [Oaklyn Family Displaced After House Fire - NJ PEN](https://news.google.com/rss/articles/CBMicEFVX3lxTE9rX05QX19MR3pJVVJscF81b2s2cnJFVDZFU3lqeDZlRlNza0tiNUJiNGxITHE3MzBJalpYbzNmZ0RkNGpoalRiVVBEVnVSZWpLS3dPWUdHNGRrcEZoMHdybTRiTVZweG5jVm1TZU9OTFo?oc=5) · NJ PEN
- 2006-02-02 [William Helmbold Obituary (2006) - Cherry Hill, NJ - Courier Post - legacy.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPbmxuMjRIWk1yN3h6X3pjOGNZV19FRWJhSnE4VVJheTlTdThJTjY3c0xaTnNtU0dqdHZRNFZ5OUJrMXFwanJxZFpQVlN1RWtpaldKLUhVZkxBUXhxNElsb0tuY2NTUkJsSnVidmtyVHlxOERqdmxWck92R1BLWmhEM3pwVjhVVXFXRGxrOUY0bGgwMTg4a1NKRy1NQTBiUQ?oc=5) · legacy.com
- 2003-03-04 [Howard Creran Obituary (2003) - Cherry Hill, NJ - Courier Post - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxObEQ0OU4tR3gwS3g4a29EaGc1aVcyaEUyYXdUbURESEhTMXRtUHkzNERrNjBRQzFXRHhTejdRQVNPRmp2ZmNYMzlYeU0weEo2TG9sbS0tX0FLQTd4aTRqd0l6Z1RQdVlfYjFUb21MLW14bjVVemxwcWZDRVdmMW5kNlhUQ0ZuRk9IOWhKaHlBUG1NSlFvMzZvMjFn?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28191 (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/31.json (key "28191", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide