# FOUNDATION BANK
CINCINNATI, OH · FDIC certificate 28724 · asset band <$300M · latest filing 2018-03 · stopped filing (departed)

**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 | $208.5M | |
| Deposits | $141.1M | |
| Loans and leases | $182.8M | |
| Total equity | $44.0M | |
| Loans / deposits | 127.43% (p99 of band) | 75.02% |
| Liquid assets / assets | 9.03% (p4 of band) | |
| Uninsured deposits / deposits | 8.61% (p20 of band) | 15.14% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 11.04% (p86 of band) | |
| FHLB advances / assets | 11.04% | |
| Tier 1 leverage | 19.14% (p93 of band) | 11.04% |
| Unrealized securities loss / equity | 0.00% (p90 of band) | -2.21% |
| AOCI / equity | 0.00% (p92 of band) | |
| ROA (annualized) | 1.34% (p74 of band) | 0.95% |
| Net interest margin | 3.48% (p35 of band) | 3.73% |
| Efficiency ratio | 58.59% (p20 of band) | |
| Noncurrent loans | 0.23% (p34 of band) | 0.60% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 691.84% | |
| Real estate % of loans | 97% | |
| Construction % of loans | 23.91% (p58 of band) | |
| Auto loans | $49,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -3.5% | |
| Employees | 31 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | loans exceed deposits |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 4 | wholesale funding >15%, liquid assets <10%, reserve under noncurrent |  |
| 2012-03 | 5 | charge-offs p90 |  |
| 2012-06 | 3 | uninsured deposits leaving | wholesale funding >15%, reserve under noncurrent, charge-offs p90 |
| 2012-09 | 3 |  |  |
| 2012-12 | 2 |  | uninsured deposits leaving |
| 2013-03 | 3 | assets shrinking |  |
| 2013-06 | 2 |  | assets shrinking |
| 2013-09 | 2 |  |  |
| 2013-12 | 1 |  | liquid assets <10% |
| 2014-03 | 2 | liquid assets <10% |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | wholesale funding >15% |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 2 |  | wholesale funding >15% |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 1 |  | liquid assets <10% |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 3 | liquid assets <10%, uninsured deposits leaving |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 1 |  | liquid assets <10%, uninsured deposits leaving |
| 2018-03 | 2 | liquid assets <10% |  |

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

- 2026-07-29 [Best high-yield savings accounts: Earn up to 5% APY without a fee - Fortune](https://news.google.com/rss/articles/CBMibkFVX3lxTFBFaFAybjNOdTh6QVNCRjc4VDk0UUFVTzJuRHdpdWFGbi1KU2dmbGV4alhtMldIa1dFdG1WdUk0NXNsbDJYMWpIME1EUUlGUG9aQzB2c2JSNk0ydzd3LUdWVnY3aDhkblQ1bFoyTkFB?oc=5) · Fortune
- 2026-04-06 [All First Foundation branches to operate as Sunflower Bank - Gulfshore Business](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQQV8tUHlWR3JYd0FIX1dRYW9HY2l3Tk9mbVQ5alFBd0d5c2ZNUjRZZDg1Z1BLQ0hZdDlKVENzajRJTUZMOUY5Qmx5cFF5UGVGTXNpQUJjMHpRcEFXZ0dHYlhkUElWamV6dW9QdHFNZWZDWXhhaEVjLXFqMUxCWVluUEdnR2Q3dDg0c3pXVU80UnZWUFYyMGZBd3VrOEJqcVZfcUNsT29vb3J1ZDd4YzdaazI0N3g5QlN6MlR3YWFQc3Bqc0lONUUzWHVDcVpldWxoVWwtbmh3YXBFeElNTXc?oc=5) · Gulfshore Business
- 2026-04-01 [Dallas-area banks complete $785 million merger - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQUHBQckc3eURZZ3ZIZnNLV1hRUVBMNm1kZmRhZUNFZ0UwQnQ5eGRwenUzNERvcnloUkxNeHlkQXJrVm5CY2gxNjVmcFBlZDhXRmwtMTBMNEc5MTNVVm0zYzV4VmFWaTJjTUM5TmE5OHk4SkZDZHV0TEdzVWVBQUpnZHVGekt1MHpyZzRFZVVzRjBPNkx4dm1pSU0taE12dFlZdXJvQ1FmTU8?oc=5) · The Business Journals
- 2026-03-26 [Key Private Bank Leader Cathy O'Malley Kearney Named Chair of Cleveland Foundation Bank Trustees - Yahoo Finance](https://news.google.com/rss/articles/CBMimgFBVV95cUxNeVJOVkJDckM1RFlvZUxVU3JmVnNQenFpTHhUX20tNDFsaDQyRDB0NHZlZnFkOGtHQVk4cXdYUGt4cEc4VDdJR2NMODZvbjBoaHBmVDY2ZkhqSFRnV0xaTUVqY0dwOVBvQWZxRDd0UDB1Q2lCZnpOT3Q5YzdMeUFyWDNGQjd3UWZFMjNfQks3bUd3SzF0VDBnZjlR?oc=5) · Yahoo Finance
- 2026-05-17 [Hundreds support Tunnel to Towers Foundation at Bank of America Stadium - WSOC TV](https://news.google.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?oc=5) · WSOC TV
- 2026-03-23 [U.S. Soccer, Soccer Forward Foundation And Bank Of America Launch ‘Soccer At Schools’ To Bring Soccer To Schools Across The U.S. By 2030 - US Soccer](https://news.google.com/rss/articles/CBMitAFBVV95cUxOT3VUZUVQckNXYmZ1T3F3Q2E4Z3E2S1NkQnpBc2RzT191dUpIMXl6TUNwSjFFb2NMdXhyd1BFMnpfWFRiZlJBMDFZTVZJZ1dWSFJVTXF3LThVLUlFeGl0MTdjYTl0WU5MMVdpb1lubDc0Sm5HMlRaSjhTME5TVmFUbENSanYwSm5QOUpZblllOFluR0ZFZThlWXM1WThUYkdQWEtBNjZYQ01leFU2Q0FFOUItSjk?oc=5) · US Soccer
- 2024-11-25 [First Foundation names new CEO - Banking Dive](https://news.google.com/rss/articles/CBMirAFBVV95cUxOMVJ6SkdTMjN1NW9EVHhHSkprQXNGXzREOWwyZ1VmN01KaFhhQWVZRUx6UVhfNU1ramVvYksyWmpmeTdNMmlBTlMzUUZwRzVaeXU5WDNKTnpXSzc5dHZiYWc2bGpEQUdFclhfVFdtaFozN0hMYllwVEthYmgxVXNMRmptV0NWNkxsYWJ6SGgwQ2NqVHI4eklmVTdzc1Bta2ZwRFM1OVZOeTNpNWRa?oc=5) · Banking Dive
- 2026-07-30 [Columbia Banking System Appoints Simone Lagomarsino to its Board of Directors - PR Newswire](https://news.google.com/rss/articles/CBMizgFBVV95cUxPdXd4cXQwdW56aTM2LVdmaV9JUEFMYkxqUWpzVTNPQkdBTnNqbWF1UDk0QTR4NDFmalhKend1WXg1QXhGVms4c3pZQVNGSDhmVkZxbmxVSlpUamZOMUNwX2IzSzNkQ2w5bjRpaDRoYW9IaGhoemJ6aUdXQVQxZURicWJWN0p4clhwd0x4X3NhMW9RbDN6bnBwZ2w1cjVFdFYtX210bGJuc25QdkFhY2RWRC1LQkJOX0FtQS12c0phdF9UTkEwbzJPYWU2RGxuUQ?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28724 (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/52.json (key "28724", 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