# CINCINNATI FEDERAL
CINCINNATI, OH · FDIC certificate 28346 · asset band $300M-1B · latest filing 2023-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 7 (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 | $311.1M | |
| Deposits | $214.4M | |
| Loans and leases | $273.6M | |
| Total equity | $38.3M | |
| Loans / deposits | 126.71% (p99 of band) | 79.68% |
| Liquid assets / assets | 5.75% (p1 of band) | |
| Uninsured deposits / deposits | 24.69% (p49 of band) | 24.93% |
| Brokered deposits | 3.21% | |
| Wholesale funding | 20.89% (p92 of band) | |
| FHLB advances / assets | 17.68% | |
| Tier 1 leverage | 12.64% (p81 of band) | 10.32% |
| Unrealized securities loss / equity | -2.54% (p91 of band) | -27.41% |
| AOCI / equity | -0.37% (p73 of band) | |
| ROA (annualized) | 0.16% (p6 of band) | 1.05% |
| Net interest margin | 2.46% (p8 of band) | 3.46% |
| Efficiency ratio | 93.69% (p95 of band) | |
| Noncurrent loans | 0.02% (p17 of band) | 0.25% |
| Net charge-offs (annualized) | 0.00% (p34 of band) | |
| Reserve coverage of noncurrent | 3666.67% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 15.00% (p17 of band) | |
| Auto loans | $8,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 63 | |

## 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`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

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

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

- 2025-10-08 [Cincinnati Federal Reserve chief gives inside look at 'uncertain' local economy - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOYlIySE9SSElhbGx5TUJQOXVMNHA4N1BSYjd0RmxYLUZac0U4alR5SlNDMGtwZTdVYk5nNm0xZm9LaXhZN1ZEQUN2TEFTd1U5UVNUR2F5YWVNTzNmUFRLaUVlSVZWUzNHOTJhbmRoR2JSNVgyX29hdmpTY3J4OEs5cmU3dDhJOUtodk5nTWx2d1djb3VES2JLUVNvd3ZmME1oTkE3blZHRFc0WlJFYUE?oc=5) · The Business Journals
- 2025-10-15 [LCNB Corp. Announces Change to Board of Directors - Business Wire](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPRWxzZjRYZjZhVXZWc2NJTkJUcHJVc19KT1ZYZW9qT3FnWnpLT3prcUtTa0ZSMTdKMDh1dHpwXzRhOV92ajZtRjFSSkNDbDR4SDdkcWVvUXdDNC1YbFZad1FlUGdiSXFRdEd5ZkNkOFk5RVBsTW9aaWlYV0E2NEFVcEZtV0ZFWjg0cTJBc0lieE90UTRESHJSek9iQ0xSNmVVVFNValg2c1Uzdw?oc=5) · Business Wire
- 2021-08-30 [$11.5 Permanent Supportive Housing Community Opens in Cincinnati - Affordable Housing Finance](https://news.google.com/rss/articles/CBMirgFBVV95cUxPNFlCZ1F5dk1QbS1DS24yR3M4ZEIyeHlLMjBVWGp5ZmxfZzhqQTF1c0xsVDVHZjRYMkIzV0FISjR0UXdDMEJhU2hHRGFDZ2tvbXQ3bllITDhBbWFEbFhlNUhIYkNSNV9XYjJ3cUpyMmhOUkc4ZXBKYUU4eHVnN0VlRXd4cEExVEk0UGRteDVqRU8walhIM2htZHVLWUQ3emFFN3ZLSDRzTWJyQkZaRnc?oc=5) · Affordable Housing Finance
- 2023-11-30 [LCNB National Bank to acquire Eagle.bank for $23.1M - Cincinnati Enquirer](https://news.google.com/rss/articles/CBMiugFBVV95cUxQRS1RTzFvWWpib2cyUHB2QnNwN0lnMHJhWjRQMnJzbW1DRU1BWURiVHJUbzVLUVRCY2RvOUc5bVpjaFJ6N1dGRWtZNmtIUHdlb3ZYcHY0Qkx1TWVZVlJ6UGNDcXZRVlZHSGpEV2t4bkNrbUVKSmREbFplbTMwc1ZVU2R4TlFfVEdfZmNHX2pmSFA3d2dnRHV5Nl9MMXR3d2szb0YtRkM0V2w0cmtEeEs3bFhsc0FNcXhqblE?oc=5) · Cincinnati Enquirer
- 2023-02-24 [Cincinnati gets new local Federal Reserve chief - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPemMyS1JJeGRFMWhfWkZ6dW5rSUU2Um5rQXFIUXFDYk9RdWpxY2Jld2c0Rld0bjNLcnVkbFE4XzduajQ3alVpYmxGcDJURFVvREdXYlpMVkFZVFdRWFJYZ1pJdlI0VjNmR0VOWHhTTjd3ZVJ0YnZXaS11X3h0MVdjdzNjNU9iZ1dOOUhrYUtOdmJkSlo5WTR2YnpON1U3enJKSWIzVFRaR0xxMk0?oc=5) · The Business Journals
- 2018-07-01 [Housing, Services Target Homeless Young Adults in Cincinnati - Affordable Housing Finance](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPNDNIenEwMzJXZkFYUjVZNEZ6c3dpT2hSaUtLQnppWDN5eGxJR2lqWXc4RnlwdDd6YnZsU0RFUlE4bkRySG9vMnY2OGV0Q0pMY3BzeWNJQ0tjM25UWFB2TDBNT0xRLUEzT1E5NV9tSTloUGgtS1JGWGFjX0sxXzJ3ak5qLW5RUDhrck54T2pGcnkwX19kaGFXb2RHY1o3NGVUM3F3S09UVVE?oc=5) · Affordable Housing Finance
- 2010-12-28 [Arrest made in August bank robbery - fox19.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE5uWHBhOU9IRFBZbnE2VFFYa0lWY2xsYTJXdnkwbW1EUlVfNmpKYzBxWVk3azh1UWlITG1LTTlqZE81QmlPY3hLWFJjbHRxekhpLVZqM296akl4US1KQzhFN3puYVlWVWpaME5zZm5BRmpKSnBQOXI1dmZUZ0_SAY8BQVVfeXFMUEhEVXA5dEt2YVlJeGhRV1VqZk5vNFZoWHNjRFZZVXotMk1tU1Utd000NUNJQkxjbllHNzBpQ0puNzRaT1hCSHFNOC1iMm9uQXpER19DcHB1aTFpT3Zsdnd5M0traGJnN1p6YXo0cFd0cUlVUnRMSHhrV3FHc0I5bkVycDRNYnE5TUZEbkkyWjA?oc=5) · fox19.com
- 2020-01-27 [EXCLUSIVE: Bedinghaus leaves Bengals for full-time bank role - Cincinnati Business Courier - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOSnlaR29FZkpDZUgzcE4wMHJXV3Bna2o5aDFsak9JcmVOMTJrdDZHOUVSdkRNV1Zza2NMSzlncGdJSm83aXRkWGpDckhwY2ROZkJ1VkRYZW05SGkxZTBOeF9WN25kTFlyZ3FtOE9pSUVJQldQalI3V3JmVzE3aXNKd1Q5NzlLNDh6bmV1SlQyTkpiZVEtVGNicVJPUFAzWTVXb3RCRWYydVN4U0JfSmc?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28346 (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/58.json (key "28346", 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