# BLUE FOUNDRY BANK
RUTHERFORD, NJ · FDIC certificate 30052 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $1.89B | |
| Deposits | $1.23B | |
| Loans and leases | $1.67B | |
| Total equity | $280.2M | |
| Loans / deposits | 134.55% (p99 of band) | 87.10% |
| Liquid assets / assets | 7.16% (p2 of band) | |
| Uninsured deposits / deposits | 31.12% (p52 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 18.65% (p87 of band) | |
| FHLB advances / assets | 18.65% | |
| Tier 1 leverage | 14.64% (p92 of band) | 10.50% |
| Unrealized securities loss / equity | -2.12% (p80 of band) | -7.75% |
| AOCI / equity | 3.62% (p100 of band) | |
| ROA (annualized) | -1.31% (p1 of band) | 1.26% |
| Net interest margin | 2.43% (p5 of band) | 3.70% |
| Efficiency ratio | 111.79% (p99 of band) | |
| Noncurrent loans | 0.82% (p67 of band) | 0.51% |
| Net charge-offs (annualized) | 0.11% (p77 of band) | |
| Reserve coverage of noncurrent | 104.43% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 28.21% (p28 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -15.5% | |
| Employees | 172 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## 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 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | loans exceed deposits |  |
| 2014-12 | 3 | noncurrent p90 |  |
| 2015-03 | 5 | capital falling, charge-offs p90 |  |
| 2015-06 | 4 |  | capital falling |
| 2015-09 | 3 |  | noncurrent p90 |
| 2015-12 | 5 | capital falling, noncurrent p90 |  |
| 2016-03 | 3 |  | charge-offs p90, noncurrent p90 |
| 2016-06 | 2 |  | capital falling |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | liquid assets <10% |  |
| 2017-09 | 2 |  | reserve under noncurrent, liquid assets <10% |
| 2017-12 | 1 |  | capital falling |
| 2018-03 | 2 | expense ratio p90 |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | liquid assets <10% |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | expense ratio p90 |
| 2019-06 | 2 | uninsured deposits leaving | liquid assets <10% |
| 2019-09 | 3 | capital falling, expense ratio p90 | uninsured deposits leaving |
| 2019-12 | 4 | wholesale funding >15% |  |
| 2020-03 | 6 | losing money, NIM <2.5% |  |
| 2020-06 | 6 |  |  |
| 2020-09 | 5 |  | loans exceed deposits |
| 2020-12 | 4 |  | capital falling |
| 2021-03 | 4 |  |  |
| 2021-06 | 4 | capital falling | wholesale funding >15% |
| 2021-09 | 3 |  | capital falling |
| 2021-12 | 3 |  |  |
| 2022-03 | 1 |  | losing money, NIM <2.5% |
| 2022-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2022-09 | 3 | loans exceed deposits, wholesale funding >15% | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2022-12 | 4 | capital falling |  |
| 2023-03 | 6 | losing money, NIM <2.5% |  |
| 2023-06 | 7 | deposits shrinking |  |
| 2023-09 | 6 | uninsured deposits leaving | capital falling, deposits shrinking |
| 2023-12 | 7 | deposits shrinking |  |
| 2024-03 | 5 |  | uninsured deposits leaving, deposits shrinking |
| 2024-06 | 5 |  |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 6 | capital falling |  |
| 2025-03 | 6 |  |  |
| 2025-06 | 7 | brokered >10% |  |
| 2025-09 | 7 |  |  |
| 2025-12 | 7 |  |  |
| 2026-03 | 6 |  | capital falling |
| 2026-06 | 8 | liquid assets <10%, deposits shrinking, assets shrinking | brokered >10% |

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

- 2026-07-13 [FULTON FINANCIAL MERGES ITS BLUE FOUNDRY BANK SUBSIDIARY INTO FULTON BANK, N.A. - PR Newswire](https://news.google.com/rss/articles/CBMizAFBVV95cUxQNTFlT2c1bHZEYjh1RUdjd1U2Z0pOaUNBemc3U1p6UzJnZm4tTEtzSTZ2SE50R1ktcWhnakRjQVRUUWdNR05vZUtsdl83cjJJQjZJSXNoa291bEp3OURPVWVOLUxzRVlHVjFPcVJ2aDlRdUphLXZqLW4wZnhTd1NnOVBZNTRvdjZwWW94Nzd3Y0FnNF9GbTdIRGJRZXpId1A0N0FCT3NfZWZkeWhidWRERV9VRnc0TUdydGw1LU96cXM5eUZYdUtiSGtlekY?oc=5) · PR Newswire
- 2026-07-14 [Fulton Financial merges Blue Foundry Bank subsidiary into Fulton Bank - Reading Eagle](https://news.google.com/rss/articles/CBMirwFBVV95cUxObXZvWTVfVE82Vm1uM2s2SkVDRmptM1pIekNxT2xaWWdfMGRCVWlJWFd2Z1lHQl8yMGhKbndNckpJYlhabUdmeHd4eTZ0NVJjYVlrb1FMeXl4aXpGSmIyaXljNHFhNlduM0pRNlc2bFNXczFqX2hvbzg0c0Vwa3pDZm1yMm5rMEJCOHZveWZGSlk5WEgzUGhQYzh4aEsxZUdFZkZyUlg0bDR3Uk1TVXNB?oc=5) · Reading Eagle
- 2026-07-14 [Fulton Financial Corp. completes merger with NJ bank - Lehigh Valley Business](https://news.google.com/rss/articles/CBMid0FVX3lxTFAzLTNQVTMxNFRPNnR3cXJFeXlaZ1FmSVJ5QzRkNVlyOXBFSFBQUzg2N2RRSmg3bEc0OG16eFVJZWUwSDBzTHctYVRXZDNoTXFSN05YazV0QndmT0J1Q2QtMDhTODVMUU1hckhZZGZtTTkzaVRXTHdZ?oc=5) · Lehigh Valley Business
- 2026-04-01 [Fulton completes $243M Blue Foundry bank acquisition - NJBIZ](https://news.google.com/rss/articles/CBMibEFVX3lxTE9McjJqMXBBeXMtUU0zWUJmR05ET3NqTmtMbFpCOEJZcVM0RkJCdmhIOFFsR3lvWlN6TGhGMjljR0NxRlFNNWxaTTc0LUNEb1d1aUl5dG1GWDMzOUJGSzh4Y0drcUthVVhsR1QzcA?oc=5) · NJBIZ
- 2026-07-13 [Fulton Financial, based in Lancaster County, acquires New Jersey-based Blue Foundry Bank - WGAL](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQTnotRjFUTFl1UGVRUl9LZmFIM2J4aFF3SWJ6UTBSdlN0R3lrZG1FZnJ1NXZWRU1zS0llUTRfbFhHeDNTd2QtYkJCS25ETkdsejBNaHZMMTlyRmFjRTR4am5FLXo4eFN2aC05bTdtYUZkbnFCOEVtRDFoYkJ6d0FucGlVSGo0X1I0TWlaalppMm5OUHA5R3F2MmtTY2YzUXBVeTlLQ2lFYUEtQQ?oc=5) · WGAL
- 2026-04-01 [Fulton Bank completes acquisition of Blue Foundry Bancorp - ABC27](https://news.google.com/rss/articles/CBMijgFBVV95cUxQeDZRWlJyekZ6OFFNMWx5YnpXU3Y1OGRpU2JCUVFpQUxEZkxoTTF2Z0R3b0piYzhPeTZnY0gyQnF0Z08yWEVINGhRYTBTR2pjdTFlcWdjaTF4eDc1QjBEZ0V4ZW1nSzJJWUlfYmlqWkZWS0tiQ3MyUFZQRVBEdUV3bTJFMGVRajNSNzdfWHhR0gGTAUFVX3lxTFBmRUtXMkpuWG1OTmhyTjBiY3l6R2Ntbm1SMnpFbWtZNmVMV1JyWlJYYUpsOWMtMF9ubkN5Z2Q4WjJxWm5oY2haRktpZFFlMHlIS000RURoTkxrWnZRNktLb3FNZUJCUDk3cjRDRXhteHhraWhXUmNJSlVIMkozOE9hNS04VUhoNG5qT1BqdlZjZVFpTQ?oc=5) · ABC27
- 2026-02-24 [Fulton Financial to acquire Blue Foundry Bancorp in $243 million stock merger - WRNJ Radio](https://news.google.com/rss/articles/CBMioAFBVV95cUxNS1VvVmFWaGp3YUtDN015QUZvbWkxM2FYRmJkZndVVURGLUxOakZkTm5ER0F3MHY0d3AwVl85UjV4R3hzbFBjWDRqbktJbnNTVi1NcU1nWE5JVEFMVGoxNFJ0QUFwbVZ5M0dtOU42QlJ5ejdUWHdVeDJqU1M5ajBETGRDUmkzSURKdUxhREw5cDY4aU84WkpwRWJHQlZ4TU5m?oc=5) · WRNJ Radio
- 2026-07-14 [Fulton Financial Merges Blue Foundry Bank Into Fulton Bank - Pulse 2.0](https://news.google.com/rss/articles/CBMihAFBVV95cUxQLTBGbEI0X3JLRzlQb21zYThFM1d5bVFLcW9PRjFoRzVCT2FwcTRIYmtWWjhDcXhpNkxudmdZeVFLaFJqLVNvVFFlZGpfbzQ5RVpmaE1vOHRuS0NHWUZyek5RTGctcWxGREN3cy1pVDd3bDBvc1BKc2lheVpRSllmOWxfa1jSAYoBQVVfeXFMTmo2S2NLbHZKWlAzX0d1SThEQ2tiMVNJdndValc0SG01U0NxSWM4emRlMzFoQ0NpRk0yRGcwS19zMl9hN1hMc3paV0I5MXdNWmZnVXdNV3oxRmdpdV9JUk8xUzdOUlZxdnp6Tlc5OG1QdjBRbmpvSDJCLXVUTkYyaW5xNEZUYU1tVzl3?oc=5) · Pulse 2.0

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30052 (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 "30052", 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