# FORTIS BANK
DENVER, CO · FDIC certificate 34401 · asset band $1-10B · latest filing 2026-06 · live

**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 | $1.35B | |
| Deposits | $1.11B | |
| Loans and leases | $1.06B | |
| Total equity | $116.5M | |
| Loans / deposits | 94.37% (p72 of band) | 87.10% |
| Liquid assets / assets | 18.19% (p37 of band) | |
| Uninsured deposits / deposits | 37.50% (p67 of band) | 30.76% |
| Brokered deposits | 9.65% | |
| Wholesale funding | 18.15% (p86 of band) | |
| FHLB advances / assets | 8.50% | |
| Tier 1 leverage | 8.96% (p11 of band) | 10.50% |
| Unrealized securities loss / equity | -7.30% (p52 of band) | -7.75% |
| AOCI / equity | 0.50% (p92 of band) | |
| ROA (annualized) | 0.71% (p15 of band) | 1.26% |
| Net interest margin | 3.37% (p30 of band) | 3.70% |
| Efficiency ratio | 75.91% (p89 of band) | |
| Noncurrent loans | 0.49% (p48 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p50 of band) | |
| Reserve coverage of noncurrent | 191.67% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 27.27% (p27 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $10.4M (9% of equity) (p87 of band) | |
| Deposits YoY | -3.4% | |
| Employees | 109 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, reserve under noncurrent |  |
| 2011-06 | 3 | wholesale funding >15% |  |
| 2011-09 | 2 |  | wholesale funding >15% |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 | wholesale funding >15% | losing money |
| 2012-09 | 1 |  | wholesale funding >15% |
| 2012-12 | 2 | wholesale funding >15%, capital falling | reserve under noncurrent |
| 2013-03 | 4 | noncurrent p90, reserve under noncurrent |  |
| 2013-06 | 5 | AOCI drag >20% of equity |  |
| 2013-09 | 2 |  | wholesale funding >15%, noncurrent p90, AOCI drag >20% of equity |
| 2013-12 | 3 | wholesale funding >15%, AOCI drag >20% of equity | capital falling |
| 2014-03 | 2 |  | AOCI drag >20% of equity |
| 2014-06 | 3 | capital falling |  |
| 2014-09 | 1 |  | wholesale funding >15%, capital falling |
| 2014-12 | 2 | wholesale funding >15% |  |
| 2015-03 | 3 | noncurrent p90 |  |
| 2015-06 | 4 | capital falling |  |
| 2015-09 | 2 |  | wholesale funding >15%, capital falling |
| 2015-12 | 4 | wholesale funding >15%, expense ratio p90 |  |
| 2016-03 | 5 | capital falling |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 6 | brokered >10% |  |
| 2016-12 | 5 |  | brokered >10% |
| 2017-03 | 5 | charge-offs p90 | capital falling |
| 2017-06 | 6 | losing money |  |
| 2017-09 | 5 |  | charge-offs p90 |
| 2017-12 | 6 | brokered >10% |  |
| 2018-03 | 7 | capital falling, construction >100% equity | losing money |
| 2018-06 | 6 |  | capital falling |
| 2018-09 | 6 |  |  |
| 2018-12 | 6 |  |  |
| 2019-03 | 6 |  |  |
| 2019-06 | 5 |  | noncurrent p90 |
| 2019-09 | 3 |  | wholesale funding >15%, expense ratio p90 |
| 2019-12 | 3 | capital falling | brokered >10% |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | uninsured deposits >50% |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 4 | capital falling |  |
| 2021-12 | 3 |  | capital falling |
| 2022-03 | 2 |  | reserve under noncurrent |
| 2022-06 | 2 |  |  |
| 2022-09 | 5 | brokered >10%, wholesale funding >15%, capital falling |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 8 | losing money, expense ratio p90, NIM <2.5% |  |
| 2023-06 | 7 | uninsured deposits leaving | uninsured deposits >50%, losing money |
| 2023-09 | 7 | losing money | capital falling |
| 2023-12 | 8 | deposits shrinking |  |
| 2024-03 | 8 | assets shrinking | construction >100% equity |
| 2024-06 | 7 |  | uninsured deposits leaving |
| 2024-09 | 5 |  | deposits shrinking, assets shrinking |
| 2024-12 | 4 |  | wholesale funding >15% |
| 2025-03 | 1 |  | brokered >10%, NIM <2.5%, losing money |
| 2025-06 | 2 | brokered >10% |  |
| 2025-09 | 1 |  | brokered >10% |
| 2025-12 | 2 | wholesale funding >15%, deposits shrinking | expense ratio p90 |
| 2026-03 | 2 |  |  |
| 2026-06 | 1 |  | deposits shrinking |

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

- 2025-12-04 [Completion of ABN AMRO Bank and Fortis Bank Nederland legal merger - ABN AMRO](https://news.google.com/rss/articles/CBMinwFBVV95cUxNRm56X0l3eDhubFdHMGJCcGxnd21WQ1NnTXZZb3dGdjJuU1YtOUxvZW5YZC1KVmpvM3MzbE5GR3NBUGgtODJOc09Dd3BFRWdtdWVJRGh0bEpBSjdhSTNRRi1MT21QczFKQXE0X05FYnBycHpVQlAtRE1sOUg4Ylg3Q05KVVVWOXR2a3diX2NzV1NnWmJEQUc0NVlsc3JIZ1k?oc=5) · ABN AMRO
- 2025-12-04 [New governance at ABN AMRO Bank and Fortis Bank Nederland - ABN AMRO](https://news.google.com/rss/articles/CBMikwFBVV95cUxNVThUWGgwZDg2TDdpSU9pX1ZjS0hieVJqTWNuT0pYRkJLb25zUzRMbTNhWVdmQllHdU42SjRLNnNzTzA3ZUZaUnNLTVVBbnA4QXNlN1hkdjRsU0lVbXd6a0pQX0JkT1NrZUJ4QnlUYTdnbFRlN3I1Xzhqd3ViLXpiWVpNeXkwV0x0MWp1QmJRM1ZtVFE?oc=5) · ABN AMRO
- 2025-05-13 [Fortis Bank, Middlesex Federal Savings tap iDENTIFY for data management - Retail Banker International](https://news.google.com/rss/articles/CBMikgFBVV95cUxQNWgydVJoMG96VzBhb0wzamI0SEFDUV9VcXBfOFpqOUZZWkZaeGd6Wl81OURBRldjUWxNUTM3d01ESk9wTEpUSktsbmRoMURZRjB6dTI3ZU5LZ1UwZHYxU3VCQUNkcmptZmFBeHFHM0ZtM0daaXF6Sm1MT1JyNEQySGV2MWpjQ2hfNC11dWI1Z01fdw?oc=5) · Retail Banker International
- 2022-09-07 [Mack Real Estate sues for $566M over Fortis project loans - The Real Deal](https://news.google.com/rss/articles/CBMiowFBVV95cUxPUGNtbmNkLVpGaW9INm51SjdFTGREaDBuR2hZVjRaLTgxNE4tazdFcUFvdnNsdWl3RElHbGxjS1l6QUlnVGRZeFpraVJBbzhOM1AyY1pUSXc3TVVWQ0JmOUQxR3FLQUItZWd5bTh1d0QyUXNnTTB4X1cySDZBRmpGX3FDdnFUTXl6Y0EzMEZBRHg3ZHBtNG1fV055bDZ2RjM1cHo0?oc=5) · The Real Deal
- 2025-06-17 [Fortis Bank Appoints Ed Mennona as Chief Credit Officer - ACCESS Newswire](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQcGU1R3hGc1F5U005Mjc3T3AteVpzbDZIVzRhanBFSUVURHp3ZWJpM2xVQkZxVm0wUUJVTGM2cm1wVlJPcFJHQmhSM2xpUDZnRlU0UFV0VHdZRkxfWkVOSU40cHhOc0Y5Nm5RSEpJTVZkdXJxZWlSZDQ3Rl82SHVQc28ydUZSZlJfR1ZzSEgwekhnWnc5Ujg5U1hNOTZFNkl0Mzg1TWxLcmZMUUZWQWN2ajlDMS1uM280VXVPUzZPRmprSWdCcExSYWtCanB4VlN5eXBN?oc=5) · ACCESS Newswire
- 2024-09-03 [Former Fortis shareholders seek €10.8 billion from BNP Paribas and Belgian State in trial - The Brussels Times](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOckE4Y09ZQnpMYk95bzR4N2g0dW5NSjlVWWNfbDVQTG5ocVdZWEI2Yl9GWGtSZ1M5VWhHVGtsOWRRZ05Xd3NwZGl1N1oxRVplV0NTamJVdHVFOVZZLUZRcFY5ajltU29FcktXcWx4RkJyTmFEN2RhZzBqaFoyb0ZkcHoya012enBpMGpQSnhqaDhRcmhHaTgyNDJNV2pGT05XMDh6SDZzemp4OEdkdWtnTnNDZkNwQm9SZjNvbmgzekk?oc=5) · The Brussels Times
- 2018-02-06 [Sony, SERIS and Stanley Security upgrade IP network surveillance at BNP Paribas Fortis bank - SourceSecurity.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxNSmZsMnhrSHBLRGZQSzFJSVFnUU1iNHpfRG12OVZTX3pFY3N4YlB1T3dQTnhkbU5hS1pJNlRZMUVuRk9FQzhxZWl6cUx5S2p0bzdoaFhhZWtYQnZwOWpyYjdXUk1CdEc5WmdfMUdKai14VC1INTEtQTh6TFM1VUppek9lTE5yR0tadlRfcEp0QW83RkxmX1R3b1A1cnRTTVFqNWpDenhjVzEzVHFYeTdySkZ2ZWtzeFk5UWZlZ2tpY0lwanFTY1FxWVRUdENndw?oc=5) · SourceSecurity.com
- 2016-07-01 [Akbank giant closes finance - Global Trade Review (GTR)](https://news.google.com/rss/articles/CBMic0FVX3lxTE9RbnI5dkh4Vkkxbi1uaVZCRjZVZU5ZM1NDTUFXSVd2bHNfV2lyZ2ZTaEhyUHhPb1gxR0x6QUVYSktYTVFWbWdhTGwxRzJ6bVhhQTdFWWx5RHdWeEU2VG9WYklzRmxRMFVDYk04ZTMwVGpfV3M?oc=5) · Global Trade Review (GTR)

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34401 (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/33.json (key "34401", 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