# NEW BUFFALO SAVINGS BANK
NEW BUFFALO, MI · FDIC certificate 31257 · asset band <$300M · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $112.2M | |
| Deposits | $90.9M | |
| Loans and leases | $83.8M | |
| Total equity | $15.9M | |
| Loans / deposits | 91.10% (p80 of band) | 75.62% |
| Liquid assets / assets | 14.54% (p9 of band) | |
| Uninsured deposits / deposits | 9.72% (p22 of band) | 16.17% |
| Brokered deposits | 8.68% | |
| Wholesale funding | 13.07% (p90 of band) | |
| FHLB advances / assets | 4.39% | |
| Tier 1 leverage | 14.15% (p76 of band) | 11.43% |
| Unrealized securities loss / equity | 0.00% (p30 of band) | 0.53% |
| AOCI / equity | 0.00% (p42 of band) | |
| ROA (annualized) | 0.07% (p9 of band) | 0.92% |
| Net interest margin | 3.58% (p44 of band) | 3.67% |
| Efficiency ratio | 92.59% (p89 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.57% |
| Net charge-offs (annualized) | -0.01% (p20 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 98% | |
| Construction % of loans | 23.60% (p60 of band) | |
| Auto loans | $75,000 (0.09% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -8.2% | |
| Employees | 32 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, liquid assets <10%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 5 | noncurrent p90 |  |
| 2011-12 | 6 | losing money |  |
| 2012-03 | 6 | charge-offs p90 | losing money |
| 2012-06 | 3 |  | loans exceed deposits, liquid assets <10%, construction >100% equity |
| 2012-09 | 4 | capital falling |  |
| 2012-12 | 4 | losing money | capital falling |
| 2013-03 | 3 |  | losing money |
| 2013-06 | 5 | losing money, expense ratio p90 |  |
| 2013-09 | 5 |  |  |
| 2013-12 | 3 |  | reserve under noncurrent, noncurrent p90 |
| 2014-03 | 3 | uninsured deposits leaving | charge-offs p90 |
| 2014-06 | 5 | reserve under noncurrent, deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2014-09 | 6 | capital falling |  |
| 2014-12 | 7 | loans exceed deposits, liquid assets <10% | assets shrinking |
| 2015-03 | 0 |  | losing money, expense ratio p90, reserve under noncurrent, deposits shrinking, capital falling, loans exceed deposits, liquid assets <10% |
| 2015-06 | 0 |  |  |
| 2015-09 | 6 | liquid assets <10%, capital falling, losing money, expense ratio p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2015-12 | 4 | loans exceed deposits | liquid assets <10%, capital falling, uninsured deposits leaving |
| 2016-03 | 3 |  | loans exceed deposits |
| 2016-06 | 3 | capital falling | reserve under noncurrent |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 | loans exceed deposits | capital falling |
| 2017-03 | 1 |  | losing money, loans exceed deposits |
| 2017-06 | 1 | capital falling | expense ratio p90 |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | reserve under noncurrent | capital falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | noncurrent p90 |  |
| 2018-09 | 4 | loans exceed deposits, deposits shrinking, assets shrinking | noncurrent p90 |
| 2018-12 | 2 |  | loans exceed deposits, deposits shrinking |
| 2019-03 | 2 | uninsured deposits leaving | assets shrinking |
| 2019-06 | 1 |  | uninsured deposits leaving |
| 2019-09 | 0 |  | reserve under noncurrent |
| 2019-12 | 0 |  |  |
| 2020-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2019-04-30 [South Bend-based TCU acquires New Buffalo Savings Bank - South Bend Tribune](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQS1RRcE9WZWRybGctZjlvNC1ISFRkR2Y0elJMNDBYV0k1bU15MEtKMXl0VW42WS1aT0VVTlk0ZVN0Qk9nODdJb0ZZRjFLdXFHZW9lXzV6LXlxaFc5OWdUWWlQSkE4VkdJazJCSVh3a2VvZ19Ka1hEbDRuNV9QWC1NeVBqWmZJZWVUSWtReGJqRzhsT1Z6cGVVcDl0QUMzOXVUOEkyOTdsenJlcEtTYzFrSERjQk1VZjNTWXhaeWVRYTM?oc=5) · South Bend Tribune
- 2020-06-09 [Teachers Credit Union completes acquisition of New Buffalo Savings Bank - Harbor Country News](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPQjQ3Mjc1QVJlb3dBRm1xTG9Gai1HZWR0YlJCbkx5aEpmbDZFLS1lMzN4SktNMEFoMjQxdmQtR1ozUy1TN3d6bVFCcFBlRXJ0VkFRb20zZGVjLU1vRVdhcnRERWpVNXg5cF9LOFEyZHdfNWxNQlJPVGowUGdXOUNMSkc0NVBMUndYbGpoOHpsSHpTejg1WnZDakNsUVJORXFsS0FYNFZjMUdDWUdadnZjXzN1NnkwUEFob1lzWGhxUFhKVVBKeVdsTW1DZXVOazRkTVFOcy1aNXdlRmRUcTdVLWozdnNyU2JIUHFZR3g0cTE0cnFXdjJxUQ?oc=5) · Harbor Country News
- 2020-07-21 [Three Oaks Bank Robber Sentenced to 18 Years in Prison - Moody on the Market](https://news.google.com/rss/articles/CBMikgFBVV95cUxQc3JZY0R6cXFzbFVmOWo2VTAycjZDWDE0aDZtUE5tV2hHdS1sWXdjb0xNYnNqQmM4dVlNZXhYd0R5WGk0MEtwQjEyV2VVS2g2bUxVWDlCV0VwMlVwb2F6cDdUTktCZkxqQ2J5bTJyZXZ2WmNQd2pQSHk0Uko4dmVrcE80NUhaLTdqRFllNl85M051dw?oc=5) · Moody on the Market
- 2020-07-22 [Man Gets 18-Year Prison Term For Bank Robbery, Second Crime - CBS News](https://news.google.com/rss/articles/CBMinAFBVV95cUxPTjFUeXdEc18zNE5hcU1YOXpXSUF6OXVVNmZ6WXQ3c282X1pGZEpLQWtuS3pkUzlJZER3ckZMMHhxSEdpXzFNYnBXelR5b0M5eGlWZThTVE1WeVoyd1c1MWw1ZFkwMmRrMnU3czN2MGRjLVV3bkU2ZWxSSjltLVcySC1aQmJEcS1Yai1zeTd5YnJaTnN1TFc2dXBPcUI?oc=5) · CBS News
- 2020-07-29 [Around the Region - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMihAFBVV95cUxORW1rUl9hSGxmaGlkaFQ5RGVScDY2bW8xX1FpS3Z2R0FwNmhBdldQMXloOHBNdjBIU2lUV251YzBXX1pHTzV0akpLSUpEOVFGalhhdWFLc0pBSEJOT3FncWJ4T1ZyYjlDNzZrUE1jSzIzR3EyajNiaHh3Uk1OTXdEN0pfajA?oc=5) · Northwest Indiana Business Magazine
- 2026-06-11 [Harriet Peach Obituary (1925 - 2026) - Manitowoc, WI - Harbor Country News - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxONVpKY3B3MXUydjFjT3ZvQTRaVkJ2Zng4eG1hOUN5NVpxaDVuVlRGSURZMHBnX1JqSDM3THNXRWtYa2d4SjNoRXNNaHBLeldVOGlmRWFHZXNvVXBobU1uNlgzRGpPYnYxWVVmcnV2THJJeURDbTZHdkE3N000cjloRTBXV2VRcjdpYjducXpoRmxfT3AxeXVwOG9aZw?oc=5) · legacy.com
- 2020-07-22 [Man Sentenced To 18 Years For Robbing Three Oaks Bank - WVPE](https://news.google.com/rss/articles/CBMioAFBVV95cUxQR09PaEJsMFFfU2R0WUJabTZuaFk5MThNVm04UUZFV0RxNFZGMVVwcFZaNjdTaHhiaFRfMTVGSlExVERrWllXUlpTNXhlSzZRV1ZVVFh5VjA1Q2NDczhBeThfcU1WazMyNDdTS1Rwd0dubFFYNzNtQ0dZQ0laRkdmTVNkeDJtVXBZTTlLeGJIYUtFb1I5YWlaa3FMR0FnVzhM?oc=5) · WVPE
- 2019-04-18 [Ghost Isle Brewery welcomed with ribbon-cutting ceremony - Harbor Country News](https://news.google.com/rss/articles/CBMi5AFBVV95cUxQY21mWERjQ2d1d1R1b2ZmZ2EtcjFVZHJmbGhmU0NtNW9ySk1FXzB6WjRGTl9Jb3Jma2NEX0dkUGp6bjNESVFvTHRYeDNzWktEeFVxdTFvWVZac3JuVUVGSHRzN1RuN2pMVkxpNDJ5NkF0MTlmX2h2aEhPSUF1WmhPenZZckdtdnhWQzd6Rlo2bzZwTGZmUDdVbWN2T1l6anFhTXNVeG5YaGlmMDR6dDRERHZLT3hoTFowRnZMTDNQeXBpaTdOV3VOUkw2Wm1NOHQ0RUNDYVczRUZVYXlldlJlWGlPdjU?oc=5) · Harbor Country News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31257 (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/25.json (key "31257", 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