# FLAGSTAR BANK NATIONAL ASSN
HICKSVILLE, NY · FDIC certificate 32541 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $87.71B | |
| Deposits | $67.52B | |
| Loans and leases | $61.19B | |
| Total equity | $8.14B | |
| Loans / deposits | 89.34% (p65 of band) | 85.78% |
| Liquid assets / assets | 24.71% (p59 of band) | |
| Uninsured deposits / deposits | 28.94% (p29 of band) | 38.39% |
| Brokered deposits | 7.45% | |
| Wholesale funding | 19.41% (p87 of band) | |
| FHLB advances / assets | 11.29% | |
| Tier 1 leverage | 9.70% (p35 of band) | 10.17% |
| Unrealized securities loss / equity | -9.22% (p41 of band) | -7.43% |
| AOCI / equity | -0.72% (p28 of band) | |
| ROA (annualized) | 0.13% (p7 of band) | 1.24% |
| Net interest margin | 2.18% (p11 of band) | 3.57% |
| Efficiency ratio | 85.21% (p99 of band) | |
| Noncurrent loans | 4.97% (p99 of band) | 0.66% |
| Net charge-offs (annualized) | 0.40% (p89 of band) | |
| Reserve coverage of noncurrent | 28.59% | |
| Real estate % of loans | 69% | |
| Construction % of loans | 16.83% (p32 of band) | |
| Auto loans | $3.9M (0.01% of loans; DQ 11.12%, NCO 0.00%) | |
| Loans to nondepository financials | $3.46B (42% of equity) (p80 of band) | |
| Deposits YoY | -3.9% | |
| Employees | 5374 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2025-04-08 [Best Banks and Credit Unions in Michigan 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxNemE4TFFGZFhsWDVlS2JUR2JKYzY1YzJseVY1a0hOU0ZPV3lEZFBYSExYYTdpS245ZURXUUJzVi02Y041ZDFfLUY4SWhIUUlvMl9FVGlRc04wQm5HbHRBWDREejBYQUs4MEs2WGFCci1UdWxXc3JESDAxX0M2cmNnLWxlVEcwdTdTRHd0OUdYaw?oc=5) · Newsweek Rankings
- 2025-04-08 [Best Banks and Credit Unions in California 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxONWFxRkExWV9IblE1OXl5eFotT1dhMHZRdHpzc1dWU1JvUGI2dF9YNXMtcmZGdE5JUkU3eTh4aWgxT2lIWDlTcUpfdGpSUUY2c251amFFX2VrVUstYVVZbzhwdndHS3JONjM5WlF2MDNNMXVvQ3Q4dlJJN19jMmFEMy1Rc1VtMm5ua0o5UnQ4RUJFZw?oc=5) · Newsweek Rankings

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32541 (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/29.json (key "32541", 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