# ELBERTON FS&LA
ELBERTON, GA · FDIC certificate 29065 · asset band <$300M · latest filing 2023-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $26.6M | |
| Deposits | $18.7M | |
| Loans and leases | $22.4M | |
| Total equity | $4.6M | |
| Loans / deposits | 119.85% (p98 of band) | 68.34% |
| Liquid assets / assets | 12.58% (p6 of band) | |
| Uninsured deposits / deposits | 9.06% (p12 of band) | 19.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 12.22% (p87 of band) | |
| FHLB advances / assets | 12.22% | |
| Tier 1 leverage | 17.95% (p88 of band) | 11.20% |
| Unrealized securities loss / equity | -2.07% (p85 of band) | -21.45% |
| AOCI / equity | -0.11% (p19 of band) | |
| ROA (annualized) | -0.94% (p3 of band) | 0.98% |
| Net interest margin | 2.74% (p14 of band) | 3.56% |
| Efficiency ratio | 135.77% (p98 of band) | |
| Noncurrent loans | 0.44% (p64 of band) | 0.19% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 41.41% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 0.52% (p18 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 | -13.2% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | reserve under noncurrent |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | deposits shrinking |  |
| 2012-06 | 0 |  | deposits shrinking |
| 2012-09 | 1 | deposits shrinking |  |
| 2012-12 | 2 | assets shrinking |  |
| 2013-03 | 0 |  | deposits shrinking, assets shrinking |
| 2013-06 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2013-09 | 3 | losing money |  |
| 2013-12 | 3 | capital falling | reserve under noncurrent |
| 2014-03 | 4 | charge-offs p90 |  |
| 2014-06 | 4 | reserve under noncurrent | charge-offs p90 |
| 2014-09 | 4 |  |  |
| 2014-12 | 3 |  | reserve under noncurrent |
| 2015-03 | 2 |  | losing money |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 0 |  | expense ratio p90 |
| 2015-12 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2016-03 | 1 | capital falling | expense ratio p90, reserve under noncurrent |
| 2016-06 | 2 | loans exceed deposits |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | reserve under noncurrent |  |
| 2017-03 | 2 |  | reserve under noncurrent |
| 2017-06 | 3 | reserve under noncurrent |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 | deposits shrinking | capital falling, reserve under noncurrent |
| 2018-03 | 3 | losing money, expense ratio p90 | deposits shrinking |
| 2018-06 | 4 | reserve under noncurrent |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 6 | wholesale funding >15%, deposits shrinking |  |
| 2019-06 | 6 |  |  |
| 2019-09 | 7 | uninsured deposits leaving |  |
| 2019-12 | 3 |  | losing money, reserve under noncurrent, deposits shrinking, uninsured deposits leaving |
| 2020-03 | 5 | capital falling, losing money |  |
| 2020-06 | 4 | reserve under noncurrent | wholesale funding >15%, losing money |
| 2020-09 | 5 | losing money |  |
| 2020-12 | 4 |  | losing money |
| 2021-03 | 5 | losing money |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 4 |  | capital falling |
| 2021-12 | 5 | noncurrent p90 |  |
| 2022-03 | 5 | capital falling | noncurrent p90 |
| 2022-06 | 5 | assets shrinking | capital falling |
| 2022-09 | 5 |  |  |
| 2022-12 | 4 |  | assets shrinking |
| 2023-03 | 8 | capital falling, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-06 | 5 |  | capital falling, assets shrinking, uninsured deposits leaving |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29065 (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/9.json (key "29065", 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