# CENLAR FSB
EWING, NJ · FDIC certificate 30996 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 7 (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 | $782.0M | |
| Deposits | $442.8M | |
| Loans and leases | $202.2M | |
| Total equity | $139.6M | |
| Loans / deposits | 45.66% (p5 of band) | 82.04% |
| Liquid assets / assets | 58.54% (p96 of band) | |
| Uninsured deposits / deposits | 90.65% (p100 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.56% (p94 of band) | 10.81% |
| Unrealized securities loss / equity | -33.30% (p11 of band) | -8.10% |
| AOCI / equity | 0.00% (p80 of band) | |
| ROA (annualized) | -1.23% (p1 of band) | 1.28% |
| Net interest margin | 2.87% (p7 of band) | 3.91% |
| Efficiency ratio | 104.13% (p98 of band) | |
| Noncurrent loans | 0.21% (p34 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 0.93% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 0.00% (p2 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 | -6.3% | |
| Employees | 1578 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | uninsured deposits >50%, brokered >10%, wholesale funding >15%, securities losses >30% of equity, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 6 |  |  |
| 2011-09 | 7 | capital falling |  |
| 2011-12 | 6 |  | capital falling |
| 2012-03 | 5 |  | securities losses >30% of equity |
| 2012-06 | 5 |  |  |
| 2012-09 | 6 | assets shrinking |  |
| 2012-12 | 4 | NIM <2.5% | uninsured deposits >50%, brokered >10%, assets shrinking |
| 2013-03 | 5 | uninsured deposits leaving |  |
| 2013-06 | 4 |  | wholesale funding >15% |
| 2013-09 | 5 | expense ratio p90 |  |
| 2013-12 | 3 |  | uninsured deposits leaving, expense ratio p90 |
| 2014-03 | 5 | capital falling, expense ratio p90 |  |
| 2014-06 | 4 |  | capital falling |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 | uninsured deposits leaving | expense ratio p90 |
| 2015-06 | 3 |  | noncurrent p90 |
| 2015-09 | 4 | deposits shrinking |  |
| 2015-12 | 4 | expense ratio p90 | deposits shrinking |
| 2016-03 | 4 |  |  |
| 2016-06 | 3 |  | uninsured deposits leaving |
| 2016-09 | 4 | capital falling |  |
| 2016-12 | 5 | uninsured deposits >50% |  |
| 2017-03 | 4 | uninsured deposits leaving | capital falling, uninsured deposits >50% |
| 2017-06 | 4 |  |  |
| 2017-09 | 5 | capital falling |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 3 | losing money | NIM <2.5%, uninsured deposits leaving, capital falling |
| 2018-06 | 4 | uninsured deposits leaving |  |
| 2018-09 | 2 |  | losing money, uninsured deposits leaving |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 4 | capital falling, noncurrent p90 |  |
| 2019-12 | 3 |  | capital falling |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | capital falling, uninsured deposits leaving |  |
| 2020-09 | 6 | deposits shrinking |  |
| 2020-12 | 4 | NIM <2.5% | capital falling, uninsured deposits leaving, deposits shrinking |
| 2021-03 | 6 | deposits shrinking, assets shrinking |  |
| 2021-06 | 5 |  | assets shrinking |
| 2021-09 | 5 | capital falling | deposits shrinking |
| 2021-12 | 5 | deposits shrinking | capital falling |
| 2022-03 | 6 | securities losses >30% of equity, losing money | deposits shrinking |
| 2022-06 | 8 | deposits shrinking, assets shrinking |  |
| 2022-09 | 9 | uninsured deposits leaving |  |
| 2022-12 | 9 |  |  |
| 2023-03 | 7 | brokered >10% | losing money, deposits shrinking, assets shrinking |
| 2023-06 | 8 | deposits shrinking |  |
| 2023-09 | 10 | wholesale funding >15%, assets shrinking |  |
| 2023-12 | 10 |  |  |
| 2024-03 | 8 |  | NIM <2.5%, uninsured deposits leaving |
| 2024-06 | 6 |  | deposits shrinking, assets shrinking |
| 2024-09 | 6 | uninsured deposits >50%, deposits shrinking | brokered >10%, wholesale funding >15% |
| 2024-12 | 5 |  | deposits shrinking |
| 2025-03 | 7 | deposits shrinking, assets shrinking |  |
| 2025-06 | 7 |  |  |
| 2025-09 | 7 |  |  |
| 2025-12 | 5 |  | securities losses >30% of equity, assets shrinking |
| 2026-03 | 6 | securities losses >30% of equity, losing money | deposits shrinking |
| 2026-06 | 7 | deposits shrinking, assets shrinking | noncurrent p90 |

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

- 2025-06-24 [Cenlar Names Jackie Torres Senior Vice President of Loan Operations - Business Wire](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOUW8xTlhyZTNLZWVMTDB5djc0RHhIdEN1ZlVQYXd1eUZ3WEh5MHJHZFl4cHNoLTdZZnkwVFVtLVJ3NmxaWlA5VUpHUkVmSDdFd0dNZ0kwdF9aU3RFaVJRWUpwaWtUWlRnSDJjQmpQdmQyU2RfRWxxUjdWanZORzMtSzhWc2dUZWV1bTc0MEMzSEwtLTZaOWRPSzNsWUVRUmNhYnVQQUx4Uk1IQkZRdlAxVWlTd3dWd1VQVTdEU1dSMWRoUQ?oc=5) · Business Wire
- 2026-08-21 [Cenlar FSB and Optum File Layoff Notices Affecting 107 Central New Jersey Workers - communitynews.org](https://news.google.com/rss/articles/CBMilAFBVV95cUxOMXg5S1hadkJ0UWJOblZQT3ZlX0VyLUNPY0xVckRNWW5TcXdiYmtDVWR6eG5OVFZMbVB0aGZsTmZBZkFycFJEdWFVQmJzazZxWVlERjJYMzZoNzJvMEN6VWswSlNKWkp5a3JPVm9kT3NBLUUySWNSbTZtV2FGWkdBbV9TcTdReEVOOGtZVjNoX3E1UzdX?oc=5) · communitynews.org
- 2023-06-20 [David C. Schneider Joins Cenlar as Executive Vice President and Chief Financial Officer - Business Wire](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPXy1TZ1hLYld1V0Rrc0VwbjZYcDVPdDdFTGhKWmRYV1MtWnMxRDU4YzNtYkJwdFl4RGFLdmhXeTlWVDZmR3JzaGU0TTFzXzdZaUlqcUpYeVBMWDA5aEN3UnVGcEw0eklJN1lQT1lWNnB3N1VIQi1RMFdlLXhkbFZ4akNZTHBjOEV0NlRaSWNpR1FGMFBXYjlzY3ZSTFAzRmhzTmc4SzFVcldLQmgxbDJodVVUOHZtd0V2clJpazlFNlQ3OEJOWWFyNmg5RTFtZU9KN1Q3d1hUMmxBSlpU?oc=5) · Business Wire
- 2025-09-04 [Cenlar Appoints Mike Merwin Senior Vice President, Investment Management - Business Wire](https://news.google.com/rss/articles/CBMixwFBVV95cUxOdjlueUMwbVhvUUxocVNEd3JwVER0UTQ1a01PczZxNFNfeE1jb2wtSi1Zd0tLOExlRFYwbjRsVjAyeU1iakRDRUxndUlPd0N5QXJBNmxHUDQtcmVpc3lPNnl6OE8xMkp1cHZTVUlIRTlxazRpcW5DQ2tfY05jeUllYU52MXg0VUE2eWNPVUc5MHpyVm9zRkRpTHdJZG1xU09peXdFTGFESHJOdTlGV1lKdmNPYjBWOURKS29NdzgtV21RbS1NRGVj?oc=5) · Business Wire
- 2025-05-12 [Cenlar Strengthens Board of Directors with Two Highly Regarded Mortgage Industry Leaders - Business Wire](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPTE1CMmxXQm5OWjdEendYUnFCM0s4U0QzZ0hCYkNFMTJFcVJaaDNjNzBBUkE1OWhWazlYLU8yZzdHQVlpV3N3bkVRenE4VU9iYmJkR05yNzBMMEZEbHJMNUVzbXdISGcyN2pyLTNIRFNhTDVpMDVydTkwUzdfdUVJTmRTMi0tWEdzbjEtWmduNjBKOTlqY19ZRnBFVDF1QkpDTXRiWHE5UUU5TS1zVnhmRDNFXzRfUWV0Q09nQU0yRVlXZmdRenFCandEX25tSERPVVFzWC0zUjR1NXZvWnc?oc=5) · Business Wire
- 2025-07-10 [Cenlar Names Steven Molitor Executive Vice President, General Counsel & Corporate Secretary - Business Wire](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPb1QyZWlOdVEzZXU4cmkxT2hnREo5TUZiZmtLSkJoX3dmVlJ5MzQxSzFUMHBua0ctWFpqVjFXX1ZqdDkyUGJrOUJsRWJrYklVWW9hRjcxNHZHMTlmWVNnN1hDUVNxb19GTXZDSlNCMU1tYzdCdG92T2RrZ19sNkM5Q1lJRmtjOVVONFh3TzViSFhFWkhqdmN0VW83N2JXaXdzRV95a2NJY0R4amR6RElreW5rVWNXbjkyNUNSLVM2TDRtSDl1V0VDR1dVRmd2bU5BYi0wQXYzaWc4RFJwanc?oc=5) · Business Wire
- 2020-10-27 [Walter P. Mullen Joins Cenlar FSB as Corporate Development Officer - Business Wire](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNLVl1b2pvajdyMnNLR1l3YjZTYlN1ZDNVUXlpZDEwckFZMXdjOTdaUm9Uck9feTBQX00yMjQwYnFhZ2R6MEZ2QlNWT0dlTzRWb3A0OFd6MTR4M3hhcVRLUl81VkZwRldMMkdmaW53eXFaZV9abzkyU0I4Y2tfcUxGRFZTcWU5UGpkbnVwS1hPZHhTaVBZWE1RX05tbmtqLTEzMHNtakhaem4zMDVTRE5NT0FxSlFsMFR1VmZZbzNwaWs?oc=5) · Business Wire
- 2023-10-30 [Cenlar Appoints David Schneider to President and John Mezzasalma as Acting CFO - Business Wire](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNdHljS2RXTGdEQ1I5eWREb0VsSE1SQV8ybmpLTTJpZ01ZZE1WQm9uN05HcFpCc09JaGE2YjJMQ0c1TnFlYndiSWxfWnRFSXV4NXQ1S1VSTXFKaWtUM2NqMXdyaERQUVIxSXlkTHJGOGVBVTh4NWU1dWZxZU1GaC12bjRWd3FsMmgwcnpDMFpLTEdtUjZIYnQtMkJKVVN6UUdkVWNfVWFZa0ZpbDRyZzY3bVJKaW9fenZRWEZkdjlyZnhJUEJhYWMzWmJQLTNZRnFp?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30996 (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/20.json (key "30996", 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