# NORTH ARUNDEL SAVINGS BANK
PASADENA, MD · FDIC certificate 31109 · asset band <$300M · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $45.3M | |
| Deposits | $40.4M | |
| Loans and leases | $34.0M | |
| Total equity | $4.8M | |
| Loans / deposits | 83.50% (p85 of band) | 61.86% |
| Liquid assets / assets | 23.58% (p12 of band) | |
| Uninsured deposits / deposits | 3.96% (p3 of band) | 19.57% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.32% (p48 of band) | 10.43% |
| Unrealized securities loss / equity | -0.71% (p33 of band) | 0.00% |
| AOCI / equity | -1.17% (p62 of band) | |
| ROA (annualized) | -2.08% (p1 of band) | 0.96% |
| Net interest margin | 3.25% (p49 of band) | 3.26% |
| Efficiency ratio | 200.74% (p99 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.28% |
| Net charge-offs (annualized) | 0.00% (p27 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 99% | |
| Construction % of loans | 73.26% (p90 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.4% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## 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 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | reserve under noncurrent |  |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 1 | reserve under noncurrent | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | uninsured deposits leaving |
| 2014-12 | 2 | uninsured deposits leaving |  |
| 2015-03 | 1 |  | uninsured deposits leaving |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | noncurrent p90 |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | capital falling |  |
| 2016-12 | 2 |  | capital falling |
| 2017-03 | 1 |  | noncurrent p90 |
| 2017-06 | 2 | construction >100% equity |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | noncurrent p90 |  |
| 2018-03 | 3 | uninsured deposits leaving | construction >100% equity |
| 2018-06 | 2 |  | noncurrent p90 |
| 2018-09 | 1 |  | uninsured deposits leaving |
| 2018-12 | 4 | noncurrent p90, deposits shrinking, uninsured deposits leaving |  |
| 2019-03 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2019-06 | 5 | losing money, expense ratio p90, charge-offs p90 |  |
| 2019-09 | 0 |  | reserve under noncurrent, noncurrent p90, losing money, expense ratio p90, charge-offs p90 |
| 2019-12 | 1 | expense ratio p90 |  |
| 2020-03 | 2 | losing money |  |
| 2020-06 | 3 | capital falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 2 | reserve under noncurrent | losing money |
| 2021-06 | 2 | capital falling | reserve under noncurrent |
| 2021-09 | 3 | losing money |  |
| 2021-12 | 3 |  |  |

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

- 2023-08-30 [BayVanguard ready to do more acquisitions after Nasdaq debut - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQOFBTZjJSMFVPLTlYWVdWZHpON0MwSDMzVFpMenJQSER1Z0NKMkptQjVZNGxpdGZWQzZGbkstX2JER0VVNHV5UGxpM0x4S3JZSkZBWUx6RGI4NUltaF9pZ0dfRHFyN0RPNklrSUFwbjh4aTFEcnhSZmJPRTNzdWY3cHlhSjJITEhMbFYzb2NyYldmOW5YemFnREF1YnpCMGlNaE5DVw?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31109 (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/5.json (key "31109", 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