# WAWEL BANK
GARFIELD, NJ · FDIC certificate 32260 · asset band <$300M · latest filing 2017-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $73.4M | |
| Deposits | $66.5M | |
| Loans and leases | $46.3M | |
| Total equity | $6.5M | |
| Loans / deposits | 68.76% (p38 of band) | 75.88% |
| Liquid assets / assets | 24.14% (p35 of band) | |
| Uninsured deposits / deposits | 5.04% (p8 of band) | 15.42% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.90% (p15 of band) | 10.88% |
| Unrealized securities loss / equity | 0.00% (p75 of band) | -0.66% |
| AOCI / equity | 0.00% (p44 of band) | |
| ROA (annualized) | -1.20% (p2 of band) | 0.85% |
| Net interest margin | 3.00% (p15 of band) | 3.74% |
| Efficiency ratio | 143.44% (p99 of band) | |
| Noncurrent loans | 0.87% (p62 of band) | 0.56% |
| Net charge-offs (annualized) | -0.05% (p6 of band) | |
| Reserve coverage of noncurrent | 144.44% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $46,000 (0.10% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 12 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | securities losses >30% of equity, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 5 | losing money, charge-offs p90 |  |
| 2012-03 | 3 | capital falling | securities losses >30% of equity, losing money, charge-offs p90 |
| 2012-06 | 2 |  | capital falling |
| 2012-09 | 2 |  |  |
| 2012-12 | 3 | losing money |  |
| 2013-03 | 2 |  | losing money |
| 2013-06 | 5 | losing money, expense ratio p90, assets shrinking |  |
| 2013-09 | 6 | charge-offs p90 |  |
| 2013-12 | 8 | capital falling, deposits shrinking |  |
| 2014-03 | 7 |  | capital falling |
| 2014-06 | 6 |  | charge-offs p90 |
| 2014-09 | 6 |  |  |
| 2014-12 | 7 | uninsured deposits leaving |  |
| 2015-03 | 8 | capital falling |  |
| 2015-06 | 7 |  | deposits shrinking |
| 2015-09 | 5 |  | assets shrinking, capital falling |
| 2015-12 | 4 |  | uninsured deposits leaving |
| 2016-03 | 4 |  |  |
| 2016-06 | 3 | uninsured deposits leaving | noncurrent p90, losing money |
| 2016-09 | 4 | capital falling, losing money | reserve under noncurrent |
| 2016-12 | 3 |  | uninsured deposits leaving |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | capital falling |
| 2017-12 | 2 |  |  |

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

- 2017-11-06 [Spencer Savings Bank to buy Wawel Bank for $3.4M - ROI-NJ](https://news.google.com/rss/articles/CBMilAFBVV95cUxPa2dhUjRjV3BOUG1RYUtVSV8yLVhhNTNYLV9UVFFZQWFPOTlidzVncFBUTU41amdlRGlDNmFmTGNubWVid2Jibnp4LUxIWFNKTU5oMjNxelJXSFlUVmdSc19nSk9HMmNyUlpaQWs1ekwzbUVqRUVyYjJYUkFrUWxmdjNydEZOdVlWcHFNcWZ2VjFhcTZQ?oc=5) · ROI-NJ
- 2021-07-30 [What an unusual merger in New Jersey says about bank M&A - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxObnh0dzFlR2RpSUotM3BVTFNvYmh4YzBSMFRMeGxlTFdQY3g5QzBpWGV1a0dWcTV1ZXItM1N1bTh1YTE4dVFwcEhBQ2FEb1p4T1RESHNTamdGVUlLdy1JTlVaX1JiUGdUUWcwYm5fWGlvY3dHY1VnS05iMnhBTTd3Q3FmTWVGTDR6RTFVM1Q0VEVaY0I4cTNYZWhXSQ?oc=5) · American Banker
- 2013-06-18 [John Patrick Condrick - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxORy1vNlpiMlFnS2xEMGZGb050VEptRmdnenZJMjFIS3JBaEdrUllyNWpzUE9iLWhYc0k4cGNjdEsyLVZxVEJMdDJIdlpfRlAyeTJ2VGZBT0lzRzhGR0xlMUVPZ1lmWDNwRmF3SnRyNVp1cUZkWjZYd0VsUERkaVFvSnpNSGpvSlZoblktaWl3NA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32260 (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/4.json (key "32260", 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