# NEWPORT FEDERAL SAVINGS BANK
NEWPORT, RI · FDIC certificate 30626 · asset band $300M-1B · latest filing 2013-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $426.3M | |
| Deposits | $281.4M | |
| Loans and leases | $360.2M | |
| Total equity | $46.9M | |
| Loans / deposits | 126.60% (p100 of band) | 76.35% |
| Liquid assets / assets | 8.44% (p2 of band) | |
| Uninsured deposits / deposits | 5.18% (p6 of band) | 16.95% |
| Brokered deposits | 2.33% | |
| Wholesale funding | 23.44% (p95 of band) | |
| FHLB advances / assets | 16.97% | |
| Tier 1 leverage | 10.88% (p69 of band) | 9.87% |
| Unrealized securities loss / equity | 2.78% (p88 of band) | -0.27% |
| AOCI / equity | 0.00% (p95 of band) | |
| ROA (annualized) | 0.54% (p26 of band) | 0.82% |
| Net interest margin | 3.38% (p39 of band) | 3.54% |
| Efficiency ratio | 74.39% (p63 of band) | |
| Noncurrent loans | 0.46% (p19 of band) | 1.37% |
| Net charge-offs (annualized) | 0.06% (p44 of band) | |
| Reserve coverage of noncurrent | 238.62% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 19.25% (p34 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 | 3.0% | |
| Employees | 70 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, securities losses >30% of equity |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 2 |  | securities losses >30% of equity |
| 2012-06 | 4 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-09 | 3 |  | uninsured deposits leaving |
| 2012-12 | 2 |  | reserve under noncurrent |
| 2013-03 | 4 | liquid assets <10%, assets shrinking |  |
| 2013-06 | 4 |  |  |

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

- 2006-05-20 [Community banks’ merger pays off - Providence Business News](https://news.google.com/rss/articles/CBMiY0FVX3lxTE4wWm12N2dRVlRJdjFoSDBzY1dORVM1YnlRMDR1c09iNnpDVWxWR1djTXlRQUJVRHF1V2NJSXlOUnJJdXlLblZicUF4RzRsblZ1ZXRiaXM3NUNhYmxxUEtrZ2ItY9IBa0FVX3lxTE9lNUNSR0xvRDRLWmhsUk5LZDNDUkdOemVubGthd1I0SElfQWxHV25IU0l5WEZYaHYtX1Y4QkIzdjM0S0M0SEVGNVJfaGJabFFkcFduakFEOFZQeHNqdWFLWnJKckVuZzhGdTg0?oc=5) · Providence Business News
- 2021-01-04 [Rita E. (Brown) Boisseau Obituary Jan 4, 2021 - Memorial Funeral Homes | Newport, RI](https://news.google.com/rss/articles/CBMid0FVX3lxTE01ZGZwWWEzajBFZnRiSTdOckF5VmNST2pWWHFHVFMxTG1RbVBDV3VnQkxXS01vS1o4VWFiYWlkdUlvbmtfblZfWjdJbHBMb1daVThUenFtbUFpQUE1NEV1NmZzdjJfZlpaQl9Zdk5Ic0l0X0VsVV9z?oc=5) · Memorial Funeral Homes | Newport, RI
- 2013-11-13 [NPD Make Arrest After Fraudulent Check Scam Across RI - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxOWm5QcnJMSkVzaFJmVHVaQU1TZG9pdWt1aG9vQ2NhNnJZeEJkYzFjeWxJYWxBeGNIbUVXS1BTZGlLY2hGOTlaeGQ4TTAyZy13YUtyVTFUY0xkcC0tdGlCSEw3cEE4Z0ZCZnllbUxreUJOY1FYaXdVblI1RGhpLWZRN0J1UFJHTlBFZ08wcjY5alZZWDg3em01UThnYw?oc=5) · Patch
- 2014-01-30 [Marie Pellegrino named vice president/controller for BayCoast - SouthCoastToday.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxQX2pReUFRcXFuY3g2N2NkSlp4OWEwYTB0dEtnOWk3QkFPZFJTeVp3UHJJbnllQ2kwbXJkSjN2QVBUN09TTy1xaUtNV0drWi1zcG16cDZQVTl1TUlORnY2dHloakJuaTYxNTl1M3RHQ0RXek9ER1A3bGJCcWdLeEVGSElWLWc4U3o0OTl3MElDVWZ5eDN2bEdmWEFXVXVjanFJbm1oM1MxVjlNcGxF?oc=5) · SouthCoastToday.com
- 2022-09-09 [Carol R. Silven Obituary - The Providence Journal](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1tbXR4WVYtYmhWS2l2VDY5NWJtbWtfaExtZnFod1ZVRkRrMEtwTlVwWEQtcG5wLUZhdDZyeHl4QWZjZDl6SDhEeW1hbGFpYWt4X1lvcXJuY1lORGUxQkRtUXBkdkJvX28?oc=5) · The Providence Journal
- 2017-01-05 [William R. Harvey Obituary Jan 5, 2017 - Memorial Funeral Homes | Newport, RI](https://news.google.com/rss/articles/CBMicEFVX3lxTE5VaGpBNWxoR2VsaGVDUkNkajIwSm84R3RsTnFERmZoc1I0WW5CWG01UC1KRUJqclRDVWo3cllzSU56THY2Q2NKMGp2M1hKVGJEMk42QXpmTGNjdnA0b3VKSFVidktJbFUyMVM1RUwyVDE?oc=5) · Memorial Funeral Homes | Newport, RI
- 2019-03-11 [Peter Rector Obituary (1938 - 2019) - Portsmouth, RI - Newport Daily News - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQWjFqZkttM01sTFBUQnVQMWhoczAtV0RxNF9FaVRjWEtqdTNBazhOTzVvR3hocjIxSnVaS0doS1E2TXhNVXp6TFNMVEprNjhqNC1SSU9nUmwxVGQ2dUMycnVyOW4yQ05FbnpHLTk5NXhQdGJfbTdISnMwbVgwSlByMUV2TW4xVXRwOU8ya0VR?oc=5) · legacy.com
- 2018-05-29 [Five Questions With: Kenneth Martin - Providence Business News](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1UUHJ0a2Uyb3dHVEdwN1EzY292blA2bkxSQ1ZjWENYTTRFTkhiR1B3b3J1M195RGtOZDV1VjdFR0E1dFZFOU5PMWdNaUYwMVlWOEkyOUVnZlJBY3BtaW83TtIBaEFVX3lxTFBHaWRwanRYVlQ5WXo2Vl96RjNUOXRJRF9Wck00eHJvWXdxYjhHNmlYQ1FjdE92cWhrNnQzeV9qckhKdmRfQWluVHpkU2p0QTJmWVd5TXdDUUVBYUgzdlpEdm5jU3RVdWlZ?oc=5) · Providence Business News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30626 (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/34.json (key "30626", 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