# SOUTHPORT BANK
KENOSHA, WI · FDIC certificate 34289 · asset band <$300M · latest filing 2017-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $288.5M | |
| Deposits | $242.0M | |
| Loans and leases | $242.5M | |
| Total equity | $31.1M | |
| Loans / deposits | 98.91% (p90 of band) | 75.88% |
| Liquid assets / assets | 14.15% (p13 of band) | |
| Uninsured deposits / deposits | 19.91% (p68 of band) | 15.42% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.20% (p66 of band) | |
| FHLB advances / assets | 5.20% | |
| Tier 1 leverage | 10.58% (p44 of band) | 10.88% |
| Unrealized securities loss / equity | -0.65% (p50 of band) | -0.66% |
| AOCI / equity | -0.02% (p36 of band) | |
| ROA (annualized) | 1.08% (p65 of band) | 0.85% |
| Net interest margin | 3.94% (p63 of band) | 3.74% |
| Efficiency ratio | 57.16% (p14 of band) | |
| Noncurrent loans | 0.95% (p64 of band) | 0.56% |
| Net charge-offs (annualized) | 0.18% (p84 of band) | |
| Reserve coverage of noncurrent | 133.51% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 28.81% (p63 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $130,000 (0% of equity) (p97 of band) | |
| Deposits YoY | 5.5% | |
| Employees | 55 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | brokered >10%, wholesale funding >15%, leverage <7%, losing money, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  | construction >100% equity |
| 2011-09 | 6 |  | brokered >10% |
| 2011-12 | 6 |  |  |
| 2012-03 | 7 | deposits shrinking, assets shrinking | losing money |
| 2012-06 | 6 |  | reserve under noncurrent |
| 2012-09 | 7 | reserve under noncurrent |  |
| 2012-12 | 6 |  | leverage <7% |
| 2013-03 | 3 |  | wholesale funding >15%, noncurrent p90, reserve under noncurrent |
| 2013-06 | 2 |  | deposits shrinking |
| 2013-09 | 2 | expense ratio p90 | assets shrinking |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | expense ratio p90 |
| 2014-06 | 0 |  | charge-offs p90 |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | charge-offs p90 |  |
| 2015-06 | 2 | losing money, expense ratio p90 | charge-offs p90 |
| 2015-09 | 2 |  |  |
| 2015-12 | 1 |  | losing money |
| 2016-03 | 0 |  | expense ratio p90 |
| 2016-06 | 0 |  |  |
| 2016-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2016-12 | 1 |  | liquid assets <10% |
| 2017-03 | 2 | liquid assets <10% |  |
| 2017-06 | 1 |  | liquid assets <10% |
| 2017-09 | 1 | capital falling | loans exceed deposits |
| 2017-12 | 1 |  |  |

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

- 2020-09-16 [First American Bank to open downtown Milwaukee loan production office - biztimes.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOZXdFdFhkclVBTG9EWm45a1ZxN3VxdUV0VUhkNDFld1JfaDZRc3VTNzRFaWJBV295NVZZVE1rR2tRLWNKV3YtQ3N6aHIyQjhwRmZRRTN4aGxEaFhFeHV1Um1FNzRWU051WloyM2FodkFGcUNTMFdTRE5CbC05UzJLMA?oc=5) · biztimes.com
- 2026-07-01 [Gerald “Jerry” Ernest Bonini - Kenosha.com](https://news.google.com/rss/articles/CBMib0FVX3lxTE5oT040SW5VMUFRNmM2VW5fUkQ4WXlmNWNsMGV4elZzMS14UnZSYWN4TWdjbDEtMTl2RGQ0VjNmUUhYMWUzUUNaeUMzem1ab0VHOS03X1RFb1AtNVNzM1lqNGY1enlzUU1udXBBcW1OSQ?oc=5) · Kenosha.com
- 2026-09-04 [Michael A. - draeger-langendorf.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE5tUk9iN3puZllralBFSUhWdXI3RmpRdFo1bVVVcTNQd3dSWlZNaGJCMldVMzc3M1V5dndtS2tVcWVhaUxicEROLU13X3ZtY2VwMmVZRFBITU1uOTZieVBKNDRxU0U3cEJFaWZQY1VB?oc=5) · draeger-langendorf.com
- 2017-09-18 [Kenosha's Southport Bank to be acquired by First American in Illinois - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQSHM3SVpmUEh1TEZjTWRHZWdYNU1pdTFTV28wdkZhZGJueGdrXzNWV0E2VTJ2dGpxV3VCMEhZOHgtYjYwb1hYd1dqbEs0NWs1N0RtdFFleWUwRGVhYy1NZ3dPRjRXdUlmd1RWSDBvbWg2bEctblhXWW1Kdy1jTWtFbFNnRkFZdmRSOU4ydTE3OWdSQ3ZrbFAyXzl3amkyVDdZNUFfbXpzWFpYdw?oc=5) · The Business Journals
- 2026-07-01 [Gerald Ernest Bonini, 84, of Kenosha- Obituary - Racine County Eye](https://news.google.com/rss/articles/CBMigAFBVV95cUxPZkNCclU2VGZ5eHBNOWhSVk9GemdzZ2xZd3JjZ2R3aTJUS0ttWGRvM2pwRlpra0NNQ3NMYkUyLTlRV0puazNYM1pzSGtnNnJGbjB6X0I2eXo4Y0dfWjU4ZF9SWXdxZXh5NE5jNjcweUNkSjMzTlVLRDFrZm0yVmF5eg?oc=5) · Racine County Eye
- 2018-01-12 [First American completes acquisition of Southport Bank - biztimes.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxNeVFYOWlDR256WVdtRmljMTBGTURxZ0J3Z3JtR0FUYzItU1g4THBoZFM0SEs0YUFGYUFNSnBfY1hkM0M1SFJDTmh6blNXbnN2QTl0akQ2djFYU0JhQzNjeDI1MUlraHV4ZWNsY1RpWXplb2t3LWwxakY1ZDU3MlhDYnNR?oc=5) · biztimes.com
- 2024-01-24 [Olga Tijerina Obituary (1952 - 2024) - Kenosha, WI - Kenosha News - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxNY2UzdlZuSURYcnNNTGFmOWhHQjg1TEwyZ0tDeURPTVpMNXRXbmVTUWV0QnIxR3ExNTBxSUFoRDlkbjJwa1RDaG1uRTA4SHhiMXA4cDNCRDVDazM5alY4SktyMG9uN0MycEg3czhnRlJxdTE3QUJWYjJ2SGlJb3JvNnVtamZmRko2ZmJZRGtuRjEtdw?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34289 (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/49.json (key "34289", 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