# GREENWAY BANK
VAN WERT, OH · FDIC certificate 29495 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $402.3M | |
| Deposits | $336.0M | |
| Loans and leases | $214.6M | |
| Total equity | $33.0M | |
| Loans / deposits | 63.32% (p16 of band) | 82.04% |
| Liquid assets / assets | 43.35% (p87 of band) | |
| Uninsured deposits / deposits | 37.43% (p84 of band) | 25.97% |
| Brokered deposits | 16.67% | |
| Wholesale funding | 24.21% (p96 of band) | |
| FHLB advances / assets | 7.54% | |
| Tier 1 leverage | 8.50% (p6 of band) | 10.81% |
| Unrealized securities loss / equity | -4.58% (p64 of band) | -8.10% |
| AOCI / equity | -2.02% (p8 of band) | |
| ROA (annualized) | 0.07% (p4 of band) | 1.28% |
| Net interest margin | 2.55% (p4 of band) | 3.91% |
| Efficiency ratio | 96.22% (p97 of band) | |
| Noncurrent loans | 0.20% (p33 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 437.88% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 92.24% (p83 of band) | |
| Auto loans | $879,000 (0.41% of loans; DQ 1.14%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -1.9% | |
| Employees | 42 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 0 |  | reserve under noncurrent |
| 2012-12 | 1 | reserve under noncurrent |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | reserve under noncurrent |
| 2014-06 | 1 | reserve under noncurrent |  |
| 2014-09 | 2 | deposits shrinking |  |
| 2014-12 | 3 | uninsured deposits leaving |  |
| 2015-03 | 4 | assets shrinking |  |
| 2015-06 | 4 |  |  |
| 2015-09 | 3 |  | assets shrinking |
| 2015-12 | 2 |  | deposits shrinking |
| 2016-03 | 3 | NIM <2.5% |  |
| 2016-06 | 2 |  | uninsured deposits leaving |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | capital falling |  |
| 2017-09 | 1 |  | NIM <2.5%, capital falling |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 1 | uninsured deposits leaving |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | uninsured deposits leaving |
| 2018-12 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2019-03 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | capital falling |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | NIM <2.5% |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | capital falling, reserve under noncurrent |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 2 |  | capital falling |
| 2022-12 | 3 | losing money, expense ratio p90 | NIM <2.5% |
| 2023-03 | 1 |  | losing money, expense ratio p90 |
| 2023-06 | 4 | losing money, expense ratio p90, uninsured deposits leaving |  |
| 2023-09 | 7 | brokered >10%, wholesale funding >15%, capital falling |  |
| 2023-12 | 5 |  | reserve under noncurrent, uninsured deposits leaving |
| 2024-03 | 6 | NIM <2.5% |  |
| 2024-06 | 6 |  |  |
| 2024-09 | 6 |  |  |
| 2024-12 | 6 |  |  |
| 2025-03 | 7 | construction >100% equity |  |
| 2025-06 | 6 |  | construction >100% equity |
| 2025-09 | 4 |  | losing money, NIM <2.5% |
| 2025-12 | 3 |  | capital falling |
| 2026-03 | 5 | NIM <2.5%, construction >100% equity |  |
| 2026-06 | 3 |  | NIM <2.5%, construction >100% equity |

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

- 2026-07-01 [Local bank names new branch manager - thevwindependent.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQRFJDbG9tdFZsa2Q0RmlCVTNWdWdaUk5lVVBiQlVwcUpqWmtrRGxmZ25rYXBRRVV2UG5aYVozOFVJYzJRVEV1Ym5SSWJzWGtkdExHUEJfTmxDYmhCOGtxTUJJNGJ3ek1YcFprTmhDOFlhbl8xS3J1M1NKR0VUbHZKTTVjVlZJdVE1?oc=5) · thevwindependent.com
- 2026-03-02 [GreenWay Bank Announces Appointment of Carly Buchanan as SVP, Chief People Officer - Global HR News & Updates - hrtoday.in](https://news.google.com/rss/articles/CBMiowFBVV95cUxOdzlReWN1czc5MzhtNVJpWU1jR0p5UWpiUjJENGxnTVA2M01wUFU3V1RjNlVwRGMtR09nZi05QldRVzRsUHo5b090aGtBUTMxcXRVcDl3UkpTSTBwaktfdHoyTEU1clQzc19YanJ0c1dQbmZ5ckJPWHZVSEJWT2FkY3ZVSjVfcm1SdzFxelVhN1d4YmllZnBWQ2hDZklINXphUFZj?oc=5) · hrtoday.in
- 2025-07-10 [July 10 - GreenWay Bank welcomes Rob Slusser as new president and CEO - Fort Wayne Business Weekly](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNZmdRSW1xREUzU0w0eWRhTHp3ZmRzdGN5LTlGaEVuT1lyc2hpRXA5SXNlRmNVTWxsTENSSnRZUXZWMnJVelBkWW9MMU1mbDNJaVdCQnNWc2ZEX0Z3WUItN0JmblQ5Q1dWM01BTnJBVk53YVhCbjZqR3VUUWhEcVU0VXUwdWlNcHhO?oc=5) · Fort Wayne Business Weekly
- 2024-10-16 [Oct. 16 - Van Wert Federal Savings Bank comes to Fort Wayne as GreenWay Bank - Fort Wayne Business Weekly](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNWGQ0R1NOc2Y3RGJYRGJDM2FjYkZ1TU5pNnNhcDZxblZLRk15c2x2clppbmk5UWVwdEl2Q0RLQlBEaXY4cFJXUWx0dEdVN3FVSHBBdXJwdndod3Q1R0F1SDFDaGpZV3ZXTGdzMklXVXdlcHlNSWRUbk9qVXE4NmtFOHB5bHRZTWxC?oc=5) · Fort Wayne Business Weekly
- 2021-01-07 [Catawba River Greenway Bank Stabilization Project - ArcGIS StoryMaps](https://news.google.com/rss/articles/CBMieEFVX3lxTFB0UlU4SGRiSW01d29vS0pOOVpqZFVGWGlCUUxLR0pyWUZwd1VuM0J4QUlvWjBaNGZ0cUtxQlhSWG0tTS1RMEpqNnM4eXVQTHRNOTZNTFFRUGhWOTc5cERDcUlOQ2J5c3h3bDJZaXVoRjl0LXFGMlpTZg?oc=5) · ArcGIS StoryMaps
- 2024-07-19 [Local bank changing its name soon - thevwindependent.com](https://news.google.com/rss/articles/CBMingFBVV95cUxNS0p2Zm12bzVjVU91b0d6SGFpYmFsOXZKck5kY2o4Y0hLNEcwSWx2Q1U3U01lVHZOTHlkRUllRU5tTE9vcmFOTlI4VDBqM1JPQ0RoamVXVXhYWjhEaFcyNmstVzBaQXNwR1ZnLURTS0JXRFRWeG5nenhTYTVSTENfOXpFTktXZmp6QWFScS03bENUYTFnVU16U2NhSVJVZw?oc=5) · thevwindependent.com
- 2025-02-03 [Pink Floyd tribute band to perform - thevwindependent.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxOQ00wOVFWbmJ0RnZMMHZfNlk4NDNFQXVGT21Za0VTSFZtOTI3bW5FR3ZIUGQxMVpvMkJVeTcxMUJqMFlRZGI2YmVrWFN3b0NhcEN6ZFVmUGlfS3JVOWFkZGRPV09yZVRTU1pTQ01pUTA4MUcwZzB5VWJOeGREaEQwSDVrQWgyMm8?oc=5) · thevwindependent.com
- 2025-04-10 [Shut play area ripped out of North Staffordshire beauty spot - The Sentinel](https://news.google.com/rss/articles/CBMilgFBVV95cUxNWmx1R1hBYWZCMXJNcjFQdDNvMUpkVEt4M1hjX2hJamhRdjNLUC1WOHVoal9VTkFLa2Q5TlpRMnBqWTNZSmc2blB2ZUtYR3h0VkNENkpUVjZhTHJHbndBLU5WVTAzem0teDFoRXh6d3lqVE9ueU9rR1FjaklkVDI3dnp3c2ptTFhqRnVrak1WTV8tck9oRFHSAZsBQVVfeXFMT3k5VkNzeXRodEsyaFdQbFBrYk5IR3pvZ0ctaXozM0pyV1BfeWE0Vks1eHBUa1AxVUxwbDJ0UXBqZ3A0UGdXYjl1U0lwY003TGdvNm1tTm9FejRHZi1udWhKTnI4ZEN4OUoxMTJnYndsR3FQbUYwWnFKbXduajN6MGViSHE2RzlQY3UyMEZKVTNoODczN1FwZ080cjQ?oc=5) · The Sentinel

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29495 (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/55.json (key "29495", 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