# FRONTIER BANK FSB
PALM DESERT, CA · FDIC certificate 34738 · asset band <$300M · latest filing 2014-09 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (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 | $80.7M | |
| Deposits | $76.3M | |
| Loans and leases | $48.1M | |
| Total equity | $1.7M | |
| Loans / deposits | 60.27% (p32 of band) | 71.36% |
| Liquid assets / assets | 33.57% (p49 of band) | |
| Uninsured deposits / deposits | 11.39% (p44 of band) | 12.72% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.10% (p56 of band) | |
| FHLB advances / assets | 3.10% | |
| Tier 1 leverage | 2.05% (p0 of band) | 10.52% |
| Unrealized securities loss / equity | 3.60% (p86 of band) | 0.17% |
| AOCI / equity | 3.20% (p71 of band) | |
| ROA (annualized) | -3.90% (p0 of band) | 0.81% |
| Net interest margin | 3.40% (p35 of band) | 3.65% |
| Efficiency ratio | 248.63% (p100 of band) | |
| Noncurrent loans | 7.10% (p97 of band) | 0.86% |
| Net charge-offs (annualized) | 0.30% (p88 of band) | |
| Reserve coverage of noncurrent | 61.14% | |
| Real estate % of loans | 97% | |
| Construction % of loans | 84.08% (p93 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -51.6% | |
| Employees | 28 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 |  | leverage <5% |
| 2011-09 | 6 |  |  |
| 2011-12 | 10 | leverage <5%, capital falling, charge-offs p90 |  |
| 2012-03 | 11 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2012-06 | 11 | charge-offs p90 | deposits shrinking |
| 2012-09 | 12 | deposits shrinking |  |
| 2012-12 | 11 | uninsured deposits leaving | capital falling, charge-offs p90 |
| 2013-03 | 11 |  |  |
| 2013-06 | 10 |  | construction >100% equity |
| 2013-09 | 10 |  |  |
| 2013-12 | 11 | charge-offs p90 |  |
| 2014-03 | 10 |  | charge-offs p90 |
| 2014-06 | 12 | capital falling, charge-offs p90 |  |
| 2014-09 | 10 |  | capital falling, charge-offs p90 |

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

- 2014-11-07 [Federal agency closes El Paseo Bank in Palm Desert - The Desert Sun](https://news.google.com/rss/articles/CBMiogFBVV95cUxQWlJGZmNVZFhqQ0VnR29jXzZ6d055RWVsSjVBeEVGUUxUTjNBTDlBZWZtNGxKZ1dWdGw5Z2dKN2hoZUJYdkt6d3BlYndFdExzOFRPRXZ6Y2tWNmswQlc0RWtuSUtsZDdoaTFSX3BCOElYcUxWTG05MmkyNVhBUkhyUmJPN1hVcVFPWVFFOHp6bmJKdG1ZSjQxUDFJZTZOM0NjWkE?oc=5) · The Desert Sun
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2023-03-13 [The collapse of Silicon Valley Bank: What does it mean? - CBC](https://news.google.com/rss/articles/CBMifEFVX3lxTE5hczFoVGFySV9FMFdlRk15bUt0YWYyc0p5aEdqMmU1cjJ5ejJsaEtBZWZzQ1hZdnRzS0dRa3FUZmFNeXRRTDJ2R3lRc1dkMlZHX0d0Vk9zZWtXR05WencydFk0dFdYN0NKbG9HM0s4bE1TbGRzU3JEWHdMb2w?oc=5) · CBC
- 2014-11-28 [El Paseo Bank: last local community bank in the desert - The Desert Sun](https://news.google.com/rss/articles/CBMikgFBVV95cUxNSGZjRjVRQVpLU1l4LWs1Qlc2SWI2SUVmNXM1Nm1DLUZBZVRyZkxhRzVFTkhlTjlOS1I1SnB5TE1nZmc1VjhFOTNVbGpXbDNVUUFtU0xHUWxSVXI4WGJQcDdCTnBVSDlSWlhFTkdLNklHMHVmejcybzVuVFZiNllOUVdpSDJ5N0RhLXVYNVM3ZDk2UQ?oc=5) · The Desert Sun
- 2012-12-20 [James Montgomery Obituary (2012) - Rancho Mirage, CA - Los Angeles Times - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxOR2REdzd3d0NkUFNvdk9BdFN5Z0htclVXRWM0OVZaVFJFRFU4WnJna0g1eGRWUHFDNDE2NDhSVnRMeGhuMDBrQVpVa0RUdXhPcHdtUnRNelRFcGpFb1hxRGxkMVV4VnZ5ckh3bkVoaHhZOUZxM1pSVXRtX2xNeERYRzA1RXlBbVRLMjI0RjZNSWo?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34738 (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/50.json (key "34738", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide