# BANK 1ST
ALBUQUERQUE, NM · FDIC certificate 34554 · asset band <$300M · latest filing 2012-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $60.5M | |
| Deposits | $56.9M | |
| Loans and leases | $29.6M | |
| Total equity | $3.5M | |
| Loans / deposits | 50.19% (p19 of band) | 69.20% |
| Liquid assets / assets | 49.37% (p77 of band) | |
| Uninsured deposits / deposits | 2.48% (p12 of band) | 8.50% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 5.12% (p2 of band) | 10.13% |
| Unrealized securities loss / equity | 7.79% (p74 of band) | 3.81% |
| AOCI / equity | 9.51% (p100 of band) | |
| ROA (annualized) | -0.72% (p6 of band) | 0.80% |
| Net interest margin | 3.23% (p22 of band) | 3.77% |
| Efficiency ratio | 117.09% (p96 of band) | |
| Noncurrent loans | 1.93% (p63 of band) | 1.27% |
| Net charge-offs (annualized) | 1.03% (p94 of band) | |
| Reserve coverage of noncurrent | 176.18% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 41.22% (p76 of band) | |
| Auto loans | $7,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -13.3% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | leverage <7%, losing money |  |
| 2011-06 | 3 | expense ratio p90 |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 6 | leverage <5%, capital falling |  |
| 2012-06 | 4 | deposits shrinking, assets shrinking | losing money, leverage <5%, capital falling |
| 2012-09 | 6 | losing money, charge-offs p90 |  |

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

- 2017-04-08 [Bank of Las Vegas being sold to Michigan bank holding company - Las Vegas Review-Journal](https://news.google.com/rss/articles/CBMiowFBVV95cUxOUkUtWGRnci1fY09wTTdPcGhqTFhpZzM3WkJKZ2VIWXNoc3BqMTg4ekJCam04X2RVODJ5VnJDZ2UtOUVuRUpoRVZxNWstUU9BSmRpMm9sOHdkUUR4OGtjUDFZUm1aUGEyVDhQNTBTWnhTWXJEX0VWVUF6cVpRZXdfUnQyaFppeFFha2hqc0xlWDVmYVBZcEIyNUZLMVlxcDgtNWpZ?oc=5) · Las Vegas Review-Journal
- 2009-01-14 [A Look at Name Changes Around the Financial Industry - The Financial Brand](https://news.google.com/rss/articles/CBMihgFBVV95cUxPU1F6Y0V0V2xhUzdRNGw2S0NiTEI4X3pnR2FrdmIxVlNHcEZ0ZUxILTFxSjFYNkJoT0hreENFc3luQ1pGcFdUUDV4bTlQcDZTRjZJQmxhYjVDaTI2LWEtN1R6c1NGeGxCRElMX2VaQjlGT0stZURXeUo2Sm5BMkNOX0wyZXJaZw?oc=5) · The Financial Brand
- 2015-06-16 [First Quarter 2015 Economic & Credit Availability Survey - CBIA](https://news.google.com/rss/articles/CBMimgFBVV95cUxQanVXVmxBUlNCc05RYXA4cUVqX3g5ZEhDdjBjUmwyb0RIa0tVTWROdldXZWRZS2pOb0FtUHNFMjVSbTFOMWVfWHQ3TGpEaEdlc2tqZWd2eUZEZWw4ZkNEMHZWRXJVcUs2TzlVeExLMjlFekJyTVVtTkx6cFhobnFjdUpXT3dOZG9fSFpsSTE0eGQydHVHRGljWDVn?oc=5) · CBIA
- 2019-07-26 [Mizkan America Duck Royalty Pageant seeks entries for Great American Duck Race weekend - demingheadlight.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxQQnB2VXNSbWRsUF9NZWR5d3BUOWY5Qkx6YzVQblItay1BZjIyQndnOEs4eGxqaDZFNC1SUmZBc1kwcFdyb2VPYmFFb3hSend6cC1KNHVxc1MxSFNrSkk3Y0xBS2dzWlpPcVJOZ19rV2FDY0RUYW5jdWtxdDcyQ2ZoaWpzWVUzeFhWV0tzOVc2NlZ6QkdUSW95QmtwTXJIeEtSa3EySmhZaUZZbG1pVHhfXzdxWUZjOUlHNVpPdXlJbWRDSkdGV3I0Q1N3?oc=5) · demingheadlight.com
- 2022-09-12 [List Of IFSC Code Of PUNJAB NATIONAL BANK For 2022 - inventiva.co.in](https://news.google.com/rss/articles/CBMiaEFVX3lxTE4tZDZ6bXpMT1g5ZkZyTE9WblJQcGJqQ2FfSHVrdFVTZFpkV0dXdTFpdXNMMWwyWkg2UC0zMXlVZHZjeHRlYnl0R0hwOFJ5YTlHemlNY3hESE1fZUE1M1BGQ21WRlN0WS1C?oc=5) · inventiva.co.in

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34554 (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/58.json (key "34554", 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