# BELMONT SAVINGS BANK
BELLAIRE, OH · FDIC certificate 28348 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $612.9M | |
| Deposits | $496.7M | |
| Loans and leases | $373.8M | |
| Total equity | $65.7M | |
| Loans / deposits | 74.61% (p34 of band) | 82.04% |
| Liquid assets / assets | 32.12% (p69 of band) | |
| Uninsured deposits / deposits | 8.08% (p3 of band) | 25.97% |
| Brokered deposits | 7.99% | |
| Wholesale funding | 15.71% (p88 of band) | |
| FHLB advances / assets | 5.71% | |
| Tier 1 leverage | 13.63% (p84 of band) | 10.81% |
| Unrealized securities loss / equity | -36.33% (p9 of band) | -8.10% |
| AOCI / equity | 0.02% (p81 of band) | |
| ROA (annualized) | 0.36% (p8 of band) | 1.28% |
| Net interest margin | 2.30% (p2 of band) | 3.91% |
| Efficiency ratio | 77.93% (p86 of band) | |
| Noncurrent loans | 1.67% (p85 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p56 of band) | |
| Reserve coverage of noncurrent | 51.84% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 7.93% (p12 of band) | |
| Auto loans | $6.1M (1.63% of loans; DQ 4.67%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 14.4% | |
| Employees | 54 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 3 | auto book souring |  |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 3 |  | reserve under noncurrent |
| 2012-06 | 4 | NIM <2.5% |  |
| 2012-09 | 4 | reserve under noncurrent | capital falling |
| 2012-12 | 4 |  |  |
| 2013-03 | 4 |  |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 5 | capital falling |  |
| 2013-12 | 6 | noncurrent p90 |  |
| 2014-03 | 4 |  | auto book souring, NIM <2.5% |
| 2014-06 | 4 |  |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 2 |  | capital falling, noncurrent p90 |
| 2015-03 | 2 | charge-offs p90 | reserve under noncurrent |
| 2015-06 | 2 | NIM <2.5% | charge-offs p90 |
| 2015-09 | 3 | assets shrinking |  |
| 2015-12 | 3 | deposits shrinking | NIM <2.5% |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 | noncurrent p90 | wholesale funding >15% |
| 2016-12 | 5 | wholesale funding >15%, reserve under noncurrent |  |
| 2017-03 | 4 |  | reserve under noncurrent |
| 2017-06 | 3 |  | wholesale funding >15% |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | noncurrent p90 |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | deposits shrinking |
| 2019-03 | 0 |  | assets shrinking |
| 2019-06 | 1 | uninsured deposits leaving |  |
| 2019-09 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 2 |  | uninsured deposits leaving |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | expense ratio p90 |  |
| 2021-03 | 3 | NIM <2.5% | expense ratio p90 |
| 2021-06 | 3 |  |  |
| 2021-09 | 1 |  | noncurrent p90, NIM <2.5% |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 2 | capital falling |  |
| 2023-09 | 3 | wholesale funding >15% |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | NIM <2.5% |  |
| 2024-06 | 5 | reserve under noncurrent |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 5 |  |  |
| 2025-03 | 5 | brokered >10% | capital falling |
| 2025-06 | 5 |  |  |
| 2025-09 | 6 | capital falling, uninsured deposits leaving | brokered >10% |
| 2025-12 | 8 | brokered >10%, expense ratio p90 |  |
| 2026-03 | 6 |  | brokered >10%, expense ratio p90 |
| 2026-06 | 6 |  |  |

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

- 2025-11-14 [Local banks adapt as penny production ends, advising continued use of existing coin stock - WTOV](https://news.google.com/rss/articles/CBMingJBVV95cUxNQ3RBSmFUSGFsRWRwODN0V1ZPczhvT0VCTUQyMy1ieU5yT1AxRklxc3FXenlSRVVlcEdzT1RrZm54RGFseEtGazJkXzRndk5VdWtMbEI4TVRNb2thR2JLQUFwVFFKZFpwUGlGVnBpeUdtVUpCNzJJaFpjbkU4ZjBadzBHRUxSREI2N3Q3ZkFYeC1xQ0lKVUFIbGE1UmxZSVpMS3I5T0lpYnQxUUhjOE54UU9vNnNGNEJlYWpqVUV6Ul9DNDI1ZlVna1lKVUJkZzB4aXQycnlKQnhDR3ZNcjlQLXd6Sk5ZdWEwZjlKN2FZZ0lidzEzVF9zdmNRVVVUMUlVTkU3Q1F2STRFOFk5MnZLRGd2V0tzd1JmNjlMOFlB?oc=5) · WTOV
- 2026-05-22 [FunFest Fridays Return to Wheeling Park Today - - The Intelligencer](https://news.google.com/rss/articles/CBMipAFBVV95cUxNaEgzemUtZlBJdF9qTW5MVkFYSWlQenhaRzh0UkpzdnBpZ2kxREZpSlVsUU8xdmxQWVNBNGU4ZjFUZ0c1NlBmbWkxVHc0YTU4YW1UZFNTNFNjNFBDRnF0ckZHZGg4NXlYcWtBMTVNMFBJYmVfNU9uVURyS2xzdmlwNXJiX1IxUEtqTnM3ZUlpcWJmdzdvNnNxQzV2N0xHSGpDdE5hWQ?oc=5) · The Intelligencer
- 2022-06-18 [Customer service is key at Belmont Savings Bank - - timesleaderonline.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQcmZLc0Z1XzM0bVFSOUJxcTNmcXEzeTdkSWdUSGZkWHl2aml5N2pGZWhNQU1BRF9yeXdCNkxIeS1xbHRvVmM3T24wZlVLNXBUUGdTNU1WRHpTVmlSQm0wYXNiUW45WHNob1VLRndVSHVBODZFalRJMG12ck9jR09DTU00WTJsRU1vLWxkXzZ2SC01QXRReW5YUjNlc21POFV1MDR4QmJDYlI?oc=5) · timesleaderonline.com
- 2018-08-13 [Belmont Savings Bank Indoor Practice Facility Groundbreaking - West Liberty University](https://news.google.com/rss/articles/CBMimwFBVV95cUxQVmFhV0dINXVwRVFneUlQZHB5aldBS3pGYjl5cUJEbVBVaVdiMTFlN1ZaY29QYi1UTTI2UmMxdHlJbHlsVkQ5aGRTS1BwdHdlSWJEQ043dVBIaFJndDVieENpZUxrRTd2SGVQVl9IMVQxTTNkWl9NUS1iVXlJdHItVjI2WWRCVE5nSTVULTJnZEs4RTRZNzhlNlFPRdIBoAFBVV95cUxORm1iWGo1QjhRalZDLXVpLUhKZzNpVEJySWJ2NmpHWFF5OE5nSjBmSThUQmxfcWNudEg2Y1R2VHoyWk5vaEJvZm9WaGFoZzRrdnpoNnhpM0dIWjFEMDktR2UwNXJMVFBxaTJGN29RLXlyUjFBdklza1U5a3JHQjQ0LUR4dWhTSzFZUlV4T0U2b3pfRnlZajBQVTVzX0FySGlt?oc=5) · West Liberty University
- 2025-08-13 [Ohio hospital owners hit with temporary restraining order after local bank claims $2M loan default - WTRF](https://news.google.com/rss/articles/CBMipgFBVV95cUxOTXQtaExSanpzTVZSSWgzUXNIbGtrbU04ckxGWnhPTkUxVXMyX25rSzdiMHh4ZmQ4UmpRZXdPMmhfY0s4T2FTeXJ0cTZBUzlBUkhDaEttd3hETGM1TzdlVm0yRm5nbTVPRGJpY2hYTWllUjFnUk9uSWppZ2hVLUV6NmQ0U1RUVkNOY3FEUjAzQUw0VF9ZWlU1Wi1kSVpWSXVSYjQwWm5R0gGrAUFVX3lxTFAtLThtSUdVOUp4T2JqNnNkN1BtYzNodXpBSnVCeFE3OXFNb3JkUHJPY01pWWhyRUxxUC1aQ0Rsb2E1aHhxM20xZ2h5MkdPaFFVenJjbFBuZnNKNTRwOHplTVV5b1YzQlY2MEd2Y25MVjJEUVJDMHoybVlDTERGMVZqT2hXOXd4bi10VXIzZnVqVmlhN0VJdGlCT3FGQWJ5R210c2hKUXdySmIyUQ?oc=5) · WTRF
- 2018-12-02 [Why People’s United Paid Only $327M for Belmont Savings Bank - Banker & Tradesman](https://news.google.com/rss/articles/CBMilAFBVV95cUxNX21zSGdDNjdhOG9KZkF5Q2trTmxLcl91VkNTcERMN3U0VFV0QWRjSFNGV01CNlZ4Y0owYkxMVXpaNlQ1eU9oTXZBN05iQm52ay1WUzQ1alZJenNubUlOS3c0djNEQ0FHRDVFTll0THdwX2VycTBpQXRVV0Jpa3RMVWxlSzMyRjdGZUhsQmw3cXNVS0hz?oc=5) · Banker &amp; Tradesman
- 2019-03-20 [Belmont Savings Bank will officially become People's United April 1 - Wicked Local](https://news.google.com/rss/articles/CBMirwFBVV95cUxOZndnSjQ3VUVQVXZIWGNwWW9BUmp2UmJiX1doaUV4NVhtTW9HaXBmbzB2aktrMmFWLXhhRTZXaFhvYkVQbnowblFtcmFpb1A1R3Ytang1ZmpyOTJTTEJ2MHpUUkJGM3ZSby1hbnpRUTNEQkJ4NVZWQ3I5YXFyaU5GdktMQXdVNWs5WXl1NzZSQ043NGlERGtRRjRKNU1wdkpHSG0yRmVsUEF2eXAybk5B?oc=5) · Wicked Local
- 2018-11-27 [BREAKING: Belmont Savings Bank Acquired By People’s United For $327M - The Belmontonian](https://news.google.com/rss/articles/CBMinAFBVV95cUxOV2JSOTlkcWtTXzRLRXh2Q1dqN1dFejNROWktaG1fMXFWN2pjSkxXcFQ2NlJmNHpYeV9GTnlpcWN4MDYzaUxJR1ZQSUc3c20xR3FoZVBnSC1CRDVpdDduX3NEeTJTZ1YwbEJSSkJqU3cydTd5aUxlcmdRM1Rma0dWbmh5bE1hLUl1RG1qM0tvbVh1bTFfX2pWWEhUOFU?oc=5) · The Belmontonian

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28348 (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/60.json (key "28348", 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