# SPRATT SAVINGS BANK
CHESTER, SC · FDIC certificate 30987 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $154.4M | |
| Deposits | $123.0M | |
| Loans and leases | $48.5M | |
| Total equity | $31.0M | |
| Loans / deposits | 38.52% (p11 of band) | 73.59% |
| Liquid assets / assets | 63.89% (p90 of band) | |
| Uninsured deposits / deposits | 21.50% (p56 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 20.38% (p90 of band) | 11.76% |
| Unrealized securities loss / equity | -18.11% (p26 of band) | -6.57% |
| AOCI / equity | -0.28% (p55 of band) | |
| ROA (annualized) | 0.18% (p9 of band) | 1.17% |
| Net interest margin | 3.03% (p13 of band) | 3.93% |
| Efficiency ratio | 92.15% (p91 of band) | |
| Noncurrent loans | 0.23% (p43 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 998.21% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 8.17% (p35 of band) | |
| Auto loans | $312,000 (0.64% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 22 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | securities losses >30% of equity |  |
| 2012-03 | 1 | NIM <2.5% | securities losses >30% of equity |
| 2012-06 | 2 | uninsured deposits leaving |  |
| 2012-09 | 1 |  | uninsured deposits leaving |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | capital falling |  |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 2 |  | deposits shrinking, assets shrinking |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | capital falling |  |
| 2016-12 | 2 |  | uninsured deposits leaving |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | capital falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | capital falling |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 0 |  | NIM <2.5%, capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | NIM <2.5% |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 1 |  | capital falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 3 | expense ratio p90, uninsured deposits leaving | capital falling |
| 2021-12 | 2 |  | uninsured deposits leaving |
| 2022-03 | 4 | capital falling, losing money |  |
| 2022-06 | 2 |  | capital falling, losing money |
| 2022-09 | 3 | securities losses >30% of equity |  |
| 2022-12 | 2 |  | expense ratio p90 |
| 2023-03 | 0 |  | NIM <2.5%, securities losses >30% of equity |
| 2023-06 | 2 | securities losses >30% of equity, deposits shrinking |  |
| 2023-09 | 3 | assets shrinking |  |
| 2023-12 | 1 |  | securities losses >30% of equity, assets shrinking |
| 2024-03 | 2 | NIM <2.5% |  |
| 2024-06 | 1 |  | deposits shrinking |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | NIM <2.5% |
| 2025-06 | 0 |  |  |
| 2025-09 | 1 | capital falling |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 | expense ratio p90 | capital falling |

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

- 2026-07-11 [Spratt Savings Bank cuts ribbon on new Richburg branch - The Lancaster News](https://news.google.com/rss/articles/CBMilgFBVV95cUxQNVpmbkdJc0J1eHFvODJLSEJmdFhfd2J6S0hGVHpsdk1NelJjbWo0d2UtZGg3a1VTMDFvVGVJaDRwQ3NrcGN6T0tHR3Y0aTM4SDA1ckk4UVJaN2hBTHJWZGZWcVY2RUVZWnh5Rk5KX2VKMlZBWXNwQmEwWGdzNTBEN1E1RXJSR2lFMEFnWHBtajdLVkVLT2c?oc=5) · The Lancaster News
- 2019-10-10 [The Oldest Bank You Can Count On in Every State - GOBankingRates](https://news.google.com/rss/articles/CBMioAFBVV95cUxPZmsxUVJjUWQ3djg1VFd1ckVJNElmVjNXQWlqSUVWSjNyTnkyZTY4d29xQ0pYQjI0YmZHUEpqSEtxMUpGRkhnaFFsZWZUV2Y3R09CVjdNZTUwRkh4czluSk5OMHVWVjlfbzdQazI2eVBpWHZtUklCeEdaLXJnVGRyUEJvVFlFSFdBZEE1VE1icUZfaGNqX3VOdjA0MGpvdm1o0gHyAUFVX3lxTFBzZjkyN1JsMVVFc0U5ZFVub3ZzcGFGMmZEUzJna0N5eW5HNlRIYWt2a1NudTJQZ29jeGFCdXJoYjZLVFg1d2lvR1J5S2w5c3NVMm9VbmZVaU13dnZ6anFkVW1pZHdLcVhzZ1BPQk1TdFZmb3VyTERlenpRVE4xR0FVUENzUWdQZklfdDlBRTNXX29VaTU0NXQxWXNNSTlVeEFLdmsyYjRVM0pPZHkwa1dZQXRyMnlUR0g2b280WlQ0NEJIeXUzaHVaMHVPUWlTMGZydnJ0THdPOEJkeU1Rckl3eHFhQUZuSDM2bFEwRnByeTB3?oc=5) · GOBankingRates

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30987 (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/11.json (key "30987", 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