# GSL SAVINGS BANK
GUTTENBERG, NJ · FDIC certificate 28708 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $151.2M | |
| Deposits | $120.4M | |
| Loans and leases | $119.7M | |
| Total equity | $11.5M | |
| Loans / deposits | 98.71% (p90 of band) | 73.59% |
| Liquid assets / assets | 18.60% (p18 of band) | |
| Uninsured deposits / deposits | 30.92% (p83 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 12.29% (p88 of band) | |
| FHLB advances / assets | 12.29% | |
| Tier 1 leverage | 7.46% (p1 of band) | 11.76% |
| Unrealized securities loss / equity | -3.70% (p61 of band) | -6.57% |
| AOCI / equity | -0.01% (p70 of band) | |
| ROA (annualized) | 0.25% (p11 of band) | 1.17% |
| Net interest margin | 2.59% (p5 of band) | 3.93% |
| Efficiency ratio | 87.69% (p87 of band) | |
| Noncurrent loans | 0.22% (p43 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 331.46% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 2.63% (p24 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 | -8.6% | |
| Employees | 17 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 2 | losing money, expense ratio p90 |  |
| 2012-06 | 3 | capital falling |  |
| 2012-09 | 1 |  | losing money, capital falling |
| 2012-12 | 2 | losing money |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 3 | capital falling |  |
| 2013-09 | 4 | securities losses >30% of equity |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 1 |  | expense ratio p90, losing money, capital falling |
| 2014-06 | 3 | losing money, expense ratio p90, uninsured deposits leaving | securities losses >30% of equity |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 | assets shrinking | uninsured deposits leaving |
| 2015-03 | 2 |  | losing money |
| 2015-06 | 2 |  |  |
| 2015-09 | 4 | loans exceed deposits, liquid assets <10% |  |
| 2015-12 | 1 |  | assets shrinking, loans exceed deposits, liquid assets <10% |
| 2016-03 | 1 | capital falling | expense ratio p90 |
| 2016-06 | 1 | expense ratio p90 | capital falling |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 1 |  | expense ratio p90 |
| 2017-06 | 3 | loans exceed deposits, liquid assets <10%, expense ratio p90 | capital falling |
| 2017-09 | 5 | losing money, uninsured deposits leaving |  |
| 2017-12 | 5 | capital falling | uninsured deposits leaving |
| 2018-03 | 3 | uninsured deposits leaving | expense ratio p90, losing money, capital falling |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 | capital falling | uninsured deposits leaving |
| 2018-12 | 2 |  | liquid assets <10% |
| 2019-03 | 1 |  | capital falling |
| 2019-06 | 2 | expense ratio p90 |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | liquid assets <10%, capital falling | expense ratio p90 |
| 2020-06 | 3 | expense ratio p90 | liquid assets <10% |
| 2020-09 | 2 |  | capital falling |
| 2020-12 | 1 |  | loans exceed deposits |
| 2021-03 | 3 | losing money, NIM <2.5% |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | losing money |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 | capital falling | expense ratio p90, NIM <2.5% |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | capital falling |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 0 |  | capital falling |
| 2023-12 | 0 |  |  |
| 2024-03 | 4 | capital falling, losing money, expense ratio p90, NIM <2.5% |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 4 |  |  |
| 2024-12 | 6 | reserve under noncurrent, uninsured deposits leaving |  |
| 2025-03 | 4 |  | capital falling, reserve under noncurrent |
| 2025-06 | 4 |  |  |
| 2025-09 | 7 | capital falling, deposits shrinking, assets shrinking |  |
| 2025-12 | 4 |  | capital falling, deposits shrinking, assets shrinking |
| 2026-03 | 2 |  | NIM <2.5%, uninsured deposits leaving |
| 2026-06 | 2 | deposits shrinking, assets shrinking | losing money, expense ratio p90 |

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

- 2026-06-02 [Bogota Savings Bank to merge with GSL Savings Bank - ROI-NJ](https://news.google.com/rss/articles/CBMimAFBVV95cUxPcTNqclpwOEFsWExhQV9LUDRRNTYyZFZBMzdRajg2aU1tZVhwN0Jic0t1cW51NUxRMWdQR2MyNkxLRDAyVGh1bXNHTjNBWHd6OFNXc0hjemk2YVhha0dGcjFOWmdTQ0dnQkxDYmNZakI3aDZKTmpJcWpwSmRaZ0l4aTk5Qzl3aHRjRzB5d0hfaXFRNkttSGlETQ?oc=5) · ROI-NJ
- 2026-06-02 [Bogota, GSL set merger to establish $1B bank - NJBIZ](https://news.google.com/rss/articles/CBMiV0FVX3lxTE5wdEtrN2ZMM2JFbDZBY1BfcE8tRF9uVllodUtaZFBhajJMNE1xc1BOZTVaaVV1RFRuZGJtNk15cjg5MDFwdFpTblAxRkJ4cHZFMi1NTTRTUQ?oc=5) · NJBIZ
- 2026-06-01 [Bogota Savings Bank to Merge With GSL Savings Bank, Crossing $1 Billion in Assets - citybiz](https://news.google.com/rss/articles/CBMiugFBVV95cUxQT1lCNDFkbEF2M011aGxGdVFWdm5sWS15TDIyU0dOZl9HX21XbWs2aV84STNpb3QtbnFXRnhuY3ZOazBjTEtZSWNNM1hGU2t4S3cyTjYxN0ttakx1LWhVWmo0MzhzbFM5VTJtbHNBWlFYX185ZW5JamFmOUdTVnZNQXhva1N4d0d3YlZ3RGFSN3FPMG5BUmRlNE1XNUtEc2VPX2wxb25Ya29mLVVtNjFIbUhFT2Nrb0VDRmc?oc=5) · citybiz
- 2026-06-01 [Bogota Financial to acquire New Jersey-chartered GSL (BSBK:NASDAQ) - Seeking Alpha](https://news.google.com/rss/articles/CBMilAFBVV95cUxNOHJjbllWT1lLaWExZ2diYXNibVF3ZU5WVzJhcXR1Y0VBWHNISlNWSmdxRTRmSGs4Mnl2SWJGSDJXU2dpWUU0ZTRqSk5neGdPN2dKSnFuQklWT0FRZzMzbV8zSnM4dF9sOUE1ODZMN3NHa1JEWWtfOVBMYlFxc05zV1E3NDMwR0lUdlctUDFZczhqX1Vt?oc=5) · Seeking Alpha
- 2024-01-04 [symbol__ Stock Quote Price and Forecast - CNN](https://news.google.com/rss/articles/CBMiUEFVX3lxTE50T1p2ZnVwR3dSNlI1a3pSV3VWWmtVZVhTX285RlhxTGhyQzBVOThUZEN1YnZXVXQ5ejNqcXFGX1Zhcy1Fb2hWOUdDekRmRmNp?oc=5) · CNN
- 2025-04-25 [Bogota Finl (BSBK) Stock Price, News & Analysis - Stock Titan](https://news.google.com/rss/articles/CBMiU0FVX3lxTE9vM0hKY2xIWEJrRmZ3bjdKaEFHSU0xdWpieGJ3ZVg4VEZOS1Q0THNfZ2ZsSGRXdHMxeXd1YXhlZy1aV21xYUxVMWpWanNEZ1UzaG5J?oc=5) · Stock Titan
- 2019-05-20 [NJBankers announces Columbia Bank’s Kemly as 2019-2020 chair - NJBIZ](https://news.google.com/rss/articles/CBMigAFBVV95cUxQaDJJN2J6RzFQMkw5TkRTRXdKTTk3dVBfeXU2a1VpZjFMY2FaNEE1TTJTbnlfRDBJWFlQdWtqcTVoUjRvMjdfYlJ1UGZwTnZuNXd3a0hwRE8ybDhrejNpXzJqTTFvU1VzODltaHVTWnBrblZJeXgwOHVBa1Yxa0FUQg?oc=5) · NJBIZ
- 2019-05-21 [Kemly named chairman of NJ Bankers for 2019-20 - ROI-NJ](https://news.google.com/rss/articles/CBMikwFBVV95cUxQVnBTUG5PTWkzcFNZLW9rZTBFQko4cVFxbG4ybDBfVWw1R25wd0JzVGQyR05Ja3pwRkh0SzE5LUlRR3VxMWJjWHQ0Y3YxeUFtUVExeXBBU0ktclI0azcxQkVTZTNDZThkcFlEOG96QkJXVFhXczFrZm5nbGhSellySnRFNEJBNk5xZk1oM0dRYm5FajA?oc=5) · ROI-NJ

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28708 (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/36.json (key "28708", 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