# STEPHENS FEDERAL BANK
TOCCOA, GA · FDIC certificate 29511 · asset band <$300M · latest filing 2014-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (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 | $147.2M | |
| Deposits | $140.5M | |
| Loans and leases | $106.1M | |
| Total equity | $6.3M | |
| Loans / deposits | 74.03% (p55 of band) | 71.36% |
| Liquid assets / assets | 16.81% (p13 of band) | |
| Uninsured deposits / deposits | 4.76% (p12 of band) | 12.72% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 4.27% (p1 of band) | 10.52% |
| Unrealized securities loss / equity | -0.02% (p38 of band) | 0.17% |
| AOCI / equity | 0.19% (p29 of band) | |
| ROA (annualized) | -0.31% (p5 of band) | 0.81% |
| Net interest margin | 3.57% (p45 of band) | 3.65% |
| Efficiency ratio | 123.28% (p98 of band) | |
| Noncurrent loans | 3.46% (p88 of band) | 0.86% |
| Net charge-offs (annualized) | 0.45% (p93 of band) | |
| Reserve coverage of noncurrent | 55.67% | |
| Real estate % of loans | 97% | |
| Construction % of loans | 139.03% (p98 of band) | |
| Auto loans | $134,000 (0.13% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -8.3% | |
| Employees | 42 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | liquid assets <10%, losing money, reserve under noncurrent |  |
| 2011-06 | 4 | charge-offs p90 |  |
| 2011-09 | 7 | leverage <7%, capital falling, expense ratio p90, construction >100% equity | liquid assets <10% |
| 2011-12 | 9 | leverage <5% |  |
| 2012-03 | 11 | deposits shrinking, assets shrinking |  |
| 2012-06 | 11 |  |  |
| 2012-09 | 10 |  | deposits shrinking |
| 2012-12 | 10 |  |  |
| 2013-03 | 12 | noncurrent p90, deposits shrinking |  |
| 2013-06 | 8 |  | capital falling, expense ratio p90, noncurrent p90, deposits shrinking |
| 2013-09 | 10 | expense ratio p90, deposits shrinking |  |
| 2013-12 | 10 |  |  |
| 2014-03 | 11 | capital falling |  |
| 2014-06 | 10 |  | reserve under noncurrent |
| 2014-09 | 10 | reserve under noncurrent | capital falling |

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

- 2024-02-06 [Dr. Samuel Hutson Hay Obituary Feb 6, 2024 - Raymer - Kepner Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMiXkFVX3lxTE9xeVBTdzBlOXMwQmd2b1BqU0E3UEFmcjdmV01tYlhxV2tNbmU3dDhtenRjc3hqUGdscnh0ckhEOEZpWU04MXFwelpFaTktUmhpN0VFMWFITm9aNzdWaWc?oc=5) · Raymer - Kepner Funeral Home and Cremation Services
- 2017-08-26 [Union County jails man on robbery charges - Gainesville Times](https://news.google.com/rss/articles/CBMihwFBVV95cUxQTWM4VmpPbk1sbzFYZEQyLUhLT1R4RGtYcFB1UmFaTXl6Y1VhWVhVMndsU2RIcG1uZjFDaERiREtNQVZIMjFyaDJ3UElEZi1HN0VpY0VJQzhWVG5UdGFLdG11QVRGZWM5d0xXX09sYjMzTnVScVE2eU1hUW9zOWpIWTVKOWhoT1E?oc=5) · Gainesville Times
- 2024-10-03 [Gary Jarrett Obituary (2024) - Toccoa, GA - The Toccoa Record - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOdlB5bHZURGNMa04xZXVoWF9Hd3ppb1RUMkdqSmIwREZWWUhWQzVSVHlwd2FZQ2FGcHltT2gzSVJWR1VYX2lhVnM1ZGFsRGZfY2VHZ0JObEY0YlNkYlJvOXBsZ1lBdjRrV0t5Z2UyODRZc0h5TktDa24xVDVhYW5la09SNGFWLVpOaXBucDhGZUhBQWQyWnc?oc=5) · legacy.com
- 2008-07-02 [Suzanne Oliver Obituary (2008) - Anderson, SC - Anderson Independent-Mail - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOaHRPajhVck9lRmZiV255eVFsbDhBMk93MXF3ZEwwS1d1LTV3anQ1SDBIRU9MSHZHZmh0WlhuVXZZck5NZ1Y5SG5aWUs3VGMxNWtYaDEzOTdEQV94ajUtWGVDTDlEa09iZ1UxbEltUExadWlfN2dySHJiUkdkNGEyOTNmZk1ZZXluNnJYV1liSzRTY2FJcTd2cg?oc=5) · legacy.com
- 2010-01-17 [Charles Pursley Obituary (2010) - Toccoa, GA - Atlanta Journal-Constitution - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPUV9RWDZaNzBjY3d3MXZfZXpqQTIyWEcyZjVjNnlBZUZURHkzYjZRb09jel9BZW5RVTRqN2JuZXVJekNHaVoydHhRaEM4NmxFVmkxVlBzRFZMYllsQ1lfTWZETHRvaFhQdGFkV0VoT1FnZFZSTGJnRXdTOHhWODB3UVgyRnU4OUtzUXVULU5BVQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29511 (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/7.json (key "29511", 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