# JEFFERSON FEDERAL BANK
MORRISTOWN, TN · FDIC certificate 34137 · asset band $300M-1B · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $506.9M | |
| Deposits | $384.6M | |
| Loans and leases | $346.4M | |
| Total equity | $58.8M | |
| Loans / deposits | 89.04% (p76 of band) | 77.60% |
| Liquid assets / assets | 21.47% (p29 of band) | |
| Uninsured deposits / deposits | 10.19% (p19 of band) | 18.11% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 11.93% (p77 of band) | |
| FHLB advances / assets | 11.82% | |
| Tier 1 leverage | 9.81% (p47 of band) | 9.94% |
| Unrealized securities loss / equity | -0.60% (p43 of band) | -0.21% |
| AOCI / equity | 0.70% (p49 of band) | |
| ROA (annualized) | 0.50% (p24 of band) | 0.81% |
| Net interest margin | 3.76% (p63 of band) | 3.57% |
| Efficiency ratio | 77.21% (p69 of band) | |
| Noncurrent loans | 1.97% (p73 of band) | 1.12% |
| Net charge-offs (annualized) | 0.04% (p57 of band) | |
| Reserve coverage of noncurrent | 57.40% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 64.36% (p78 of band) | |
| Auto loans | $473,000 (0.14% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -5.3% | |
| Employees | 134 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | losing money |  |
| 2011-09 | 1 |  | reserve under noncurrent |
| 2011-12 | 3 | capital falling, charge-offs p90 |  |
| 2012-03 | 4 | reserve under noncurrent, deposits shrinking, assets shrinking | losing money, capital falling |
| 2012-06 | 4 |  |  |
| 2012-09 | 5 | uninsured deposits leaving |  |
| 2012-12 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-03 | 3 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2013-06 | 2 |  | assets shrinking |
| 2013-09 | 1 |  | deposits shrinking |
| 2013-12 | 2 | deposits shrinking |  |
| 2014-03 | 2 |  |  |

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

- 2012-03-21 [United States Attorney William C. Killian Eastern District of Tennessee - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMimAFBVV95cUxQR3pMLTBaTTVsTzc2RVZCNDZYYXVwQVlnN2FKTVBibDJDVl9Qa0sxLTVRWjJtd3VLQ3BvSk1lTm4tVWVDVTVpLVFIaWVaUnkzckJGamRVMUtLWnhLM1o3MDNveXFZcFlZYy1rbk9zTTVrSHFzZzRYbGZXcnNtYU1wc08weXVJQ1Jkb2w3VGNjUnVncXdzU2s0Nw?oc=5) · Department of Justice (.gov)
- 2017-03-11 [American Patriot Bank Merges With Apex To Avoid FDIC Ownership - GreenevilleSun.com](https://news.google.com/rss/articles/CBMikgJBVV95cUxPRXhaVEx1RFFCVV9SN0ZQX2N4ZmpCVnpuSEZVUzY1QUY2TEpCTXhvY2JJMk1MUEtsMGRweWNSLVRpMkI5aG9yTXhVbFNDU3RrWHdleWlPVWZBM0xza0d3V2dXSVg0R2FNRmVfVm1LaDFXaXJDY3BadTNyX1NvdDY0UDcxZXlNSkNsWTdxbk1VRFNfSGZfaTZHb1J3a1IxNzV0bHNnR2JiVDBHa0Y1azZodGRWYWZjUkgxWmgwcjBidWFHenh5RXB1X0xLbFFPTFZWc183RktEcFA3eGwyQm1uVDlhTnBNc21EemZMVHNiZHBZRC1TenAxSkJBeUFEN1NsdkpKOGlxRFliUTlOdGRrMmdB?oc=5) · GreenevilleSun.com
- 2026-01-19 [Joanna McDonald Jamison Obituary (2026) - Morristown, TN - Allen Funeral Home - Morristown - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQTHd4VUVKV2Yyd0hoZWtMZ01zeVFtUkNtbXFybzlUeGNuSVY1RWxSWFBKejd3SDQzNThrSUxNWVVIaURMS0JRN3V6dUxmeDJTNXlpazFfOHVsZmRtc1BuRlc0cTlnMWVyZHJVT09ZWWRaY1VyNzZEOGxfSkhhOVozdm1haw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34137 (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 "34137", 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