# 1ST BANK OF SEA ISLE CITY
SEA ISLE CITY, NJ · FDIC certificate 30367 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $311.1M | |
| Deposits | $251.2M | |
| Loans and leases | $239.3M | |
| Total equity | $29.8M | |
| Loans / deposits | 94.74% (p81 of band) | 82.04% |
| Liquid assets / assets | 17.66% (p24 of band) | |
| Uninsured deposits / deposits | 27.80% (p58 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.46% (p60 of band) | |
| FHLB advances / assets | 5.46% | |
| Tier 1 leverage | 9.72% (p27 of band) | 10.81% |
| Unrealized securities loss / equity | -4.67% (p64 of band) | -8.10% |
| AOCI / equity | 0.06% (p83 of band) | |
| ROA (annualized) | 0.16% (p5 of band) | 1.28% |
| Net interest margin | 3.50% (p28 of band) | 3.91% |
| Efficiency ratio | 94.15% (p97 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 100% | |
| Construction % of loans | 55.95% (p61 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 12.8% | |
| Employees | 49 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | securities losses >30% of equity |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | reserve under noncurrent |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 1 |  | securities losses >30% of equity |
| 2012-06 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2012-09 | 2 | capital falling | deposits shrinking, uninsured deposits leaving |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 2 | charge-offs p90 |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | charge-offs p90 |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 0 |  | reserve under noncurrent |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | deposits shrinking |  |
| 2015-12 | 1 |  | deposits shrinking |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 2 | charge-offs p90 | capital falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | charge-offs p90 |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | deposits shrinking |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | deposits shrinking |
| 2019-09 | 4 | capital falling, deposits shrinking, assets shrinking |  |
| 2019-12 | 1 |  | capital falling, deposits shrinking, assets shrinking |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | capital falling, expense ratio p90 | reserve under noncurrent |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | capital falling |  |
| 2022-12 | 1 |  | capital falling |
| 2023-03 | 4 | construction >100% equity, deposits shrinking, assets shrinking, uninsured deposits leaving | expense ratio p90 |
| 2023-06 | 5 | expense ratio p90 |  |
| 2023-09 | 6 | capital falling |  |
| 2023-12 | 5 | loans exceed deposits | construction >100% equity, capital falling |
| 2024-03 | 7 | wholesale funding >15%, losing money, construction >100% equity | assets shrinking |
| 2024-06 | 6 | capital falling | uninsured deposits leaving, construction >100% equity |
| 2024-09 | 5 | uninsured deposits leaving | wholesale funding >15%, capital falling |
| 2024-12 | 3 |  | deposits shrinking, uninsured deposits leaving |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | losing money |
| 2025-09 | 4 | capital falling, construction >100% equity |  |
| 2025-12 | 2 |  | capital falling, construction >100% equity |
| 2026-03 | 2 |  |  |
| 2026-06 | 1 |  | loans exceed deposits |

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

- 2025-12-15 [Lawsuit Seeks $600K From Ocean City Mayor Over Wonderland Debt - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxPZThzdHotdDYzNWE1UGlUc2EycG9XQ084Q0tMbGVMTkpOdzhDQVFmc2YyUWVlWGpSTk9xZC1kdkx1MFN3cklPMnlVbEp6VlZhN1hXVjk4Q3RtWUlWRC1TODBEa1B5WndITUNfbTFKeWk1TXRkRW1uWUZ6ZFRIdUtNTTJ1emVBZUozeDhmTkM1aFNuYWZxVjRWQXgwMA?oc=5) · Patch
- 2021-12-09 [Smile! You’re in Sea Isle City for Christmas - New Jersey 101.5](https://news.google.com/rss/articles/CBMib0FVX3lxTE80TF9iOXFOUjcxOEdnS0ljc1VZSTFQV3dfY25lZDAyU2Z0cnZVckIyLUNlR2lrQjhxaE9nWXhMLVp5SXNIejJRM29SbmZZSVhZYUFvVTVGLWVkTUNacC1uSE9uRWEybWw1LWhYX2Jfdw?oc=5) · New Jersey 101.5
- 2024-12-17 [Norma Gardner Obituary (1940 - 2024) - Palermo, NJ - The Press of Atlantic City - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPZEt3U0NJVzlocGpxRDRaVXdCc1BNOS1ROFZpaGFHQWozeGJUWnVQMG4zVFFWVUZQTnVhY0lZYkgtVERMNE0tNURyRnZabk5oaDM5dEQtSkRzNHVxOEZHaHJaaU1GT3pZWGlLODlGcmZmdHU3dHJTMnRpMkNfWHN3c0ZKbVR4UHk2MFIyM24yMS1aYWItOXBhSVJFeUY?oc=5) · legacy.com
- 2019-05-20 [NJBankers announces Columbia Bank’s Kemly as 2019-2020 chair - NJBIZ](https://news.google.com/rss/articles/CBMigAFBVV95cUxQaDJJN2J6RzFQMkw5TkRTRXdKTTk3dVBfeXU2a1VpZjFMY2FaNEE1TTJTbnlfRDBJWFlQdWtqcTVoUjRvMjdfYlJ1UGZwTnZuNXd3a0hwRE8ybDhrejNpXzJqTTFvU1VzODltaHVTWnBrblZJeXgwOHVBa1Yxa0FUQg?oc=5) · NJBIZ
- 2025-12-13 [Ocean City Mayor Jay Gillian was slapped with a $600k suit over Wonderland debts - Inquirer.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQajctNk5WSFdGZTdaalNORDRRNzFJeGlwaHE1NDZlZlgzWjFlc2Zfa3cyZkNKYVRYazVqQmpFSGRpNDdjSnBEVGVUUnUyZ09LLUJEZzNrZklYanNydTlKS3M4VUxZSkhrTEZvdHBNUVlKSjN5QmRtZFNrUGlWckZlUVZjVW1kVTNIak9LdXRB?oc=5) · Inquirer.com
- 2026-05-14 [Jay Gillian wins fifth term as Ocean City mayor - Shore Local Newsmagazine](https://news.google.com/rss/articles/CBMigAFBVV95cUxQZER2Q0hfYWsydWF2U0VNc3F5dlQtNmJpbmtrcjMtMnI2Y3VLR2R0WUdCQzNIdGZOTG1sYTlwaFVUMFVpc3NaWnFxeXg2b1VaR2FIQXp4T1g0bm9MbHVUMW10dlZpRWlVb1EzMHdoQkZaTS1ncHFrT2lLR1U3UUVxVA?oc=5) · Shore Local Newsmagazine
- 2026-05-12 [Ocean City voters hand Mayor Jay Gillian a fifth term - NJ.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxNYVRuLW1jYVBOV0JuTXh6NEVMRjdOejB0RVdmOVIwMmRnZTgzSWdiVUI1cUp5VUhQTkVqN1dBYXg3MHczMDRPbWRDRXFmQW5NWFV4ams5NWNYWlVpWDVpUU1La1VzRTIzS3hmRTVyM0t0R0VhZEJrTm01VzlEYmR6N1dfb0NOQ01lV0lYWTNCMkl3R0ZNaHNSVWhiTGpsdFZjZ0pR0gG3AUFVX3lxTE0tZk05V245bjhVd0VablJlS056X29CaUVNRnpKaHZHb0o0VEdJTDNuZUxBM09vMlZFVXRRZmlYUWpXZFhzX2tKdG44RGNRTWpRUEFQUndKRE84dk8zbmJvQWZSUmRieExqVXV6endvRldpQ0lvdFlDOUtWaDVybC1ITkVCcFVDcmNBS094QW5IdkV3ZVVUZHlVaFlGWTVnQVd6NHUtVzNZM2hyVVdMUndCWmdTc042bw?oc=5) · NJ.com
- 2022-01-16 [Leonard Desiderio Obituary (2022) - Sea Isle City, NJ - The Press of Atlantic City - legacy.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPU0tIY0IyWXdURVVFM1dnLXhzc1h4MjRzaHF3V0tBSDY0bm5YMDFILXZ3dGc4dGRESTlJbFh2XzB2RC1HdGF2dnk3YmlzNldOQm1TYlpkRTZ1cDRDQlpjYnBKOURZWTNmTWl5ZGd6QkJMNnQyTkhtRWZtakdBYzRRRnlCTXpzVDhhS3lmZENLeFpYWE9SanhIUWFLMGdXTmhKdVE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30367 (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/31.json (key "30367", 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