# HILLSBORO BANK
PLANT CITY, FL · FDIC certificate 34747 · asset band <$300M · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 3 (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 | $226.1M | |
| Deposits | $200.8M | |
| Loans and leases | $73.1M | |
| Total equity | $22.6M | |
| Loans / deposits | 35.89% (p12 of band) | 63.26% |
| Liquid assets / assets | 64.78% (p88 of band) | |
| Uninsured deposits / deposits | 48.45% (p96 of band) | 18.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.13% (p25 of band) | 10.61% |
| Unrealized securities loss / equity | 6.69% (p92 of band) | 0.71% |
| AOCI / equity | -1.69% (p35 of band) | |
| ROA (annualized) | 0.01% (p6 of band) | 1.03% |
| Net interest margin | 2.31% (p12 of band) | 3.29% |
| Efficiency ratio | 113.99% (p97 of band) | |
| Noncurrent loans | 0.00% (p11 of band) | 0.32% |
| Net charge-offs (annualized) | 0.00% (p47 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 90% | |
| Construction % of loans | 23.71% (p63 of band) | |
| Auto loans | $1.5M (2.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 29.9% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | capital falling |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | capital falling |  |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-12 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | capital falling |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | capital falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 3 | uninsured deposits >50%, capital falling, NIM <2.5% |  |
| 2021-09 | 3 | expense ratio p90 | uninsured deposits >50% |

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

- 2015-04-03 [New CEO starts at Hillsboro Bank - Plant City Observer](https://news.google.com/rss/articles/CBMickFVX3lxTE5yclliRndxUkdkLWotXy0yNUs1WGxVMmh1eUZKYVluc3h1c3pIS01OMjdjR3JHVEczUDgtNlkyTjJIX1AxdmJRWXR3RlhhU2lIQmNtNzdZMVRpMTFNQ2F4Z2tfTWo1MDBXSE5sZjFOR2N2Zw?oc=5) · Plant City Observer
- 2021-10-06 [Banks complete merger; combined entity boasts 12 branches, $3B in assets - Business Observer](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUjJHZzdNX2NFQklqQWw2ZlBOWmxMY0FfdUE0U2JZNExMeTNoYk8yOF9IMFQ1Q1lMN1pJdE90a1I0eDNmZVBKalM0ZnMtSVF4b2ZuT05NMXRtcUU4WEFNd21Gak5lc2VsM3BydTF5bE1yRDhKZDFJc2JVWk91UTN1R1FTUWI1ckpTeDdkS0J3U0xXdw?oc=5) · Business Observer
- 2021-03-18 [Exclusive: The Bank of Tampa makes first-ever acquisition, merges with Plant City bank - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxNMER1Rjh4cGItc0dqUmRLZjh2VHRDQ2FVbHB6NG90c195bXpzd1RVOFI3cnBPVTJiQVNXZGg5NHRCMUFZbUJUdlFWaUdnVmxZdDdCT21kY0FJUW9WejgzMTVvaEdLS29SeE9LOHhNN1lwenVUZ3ZkelRzbXBGbkJndUliWVlVd2xTY2JPdjdlUW1QaG1adzRZUzk0VGdDeGpvbERoTGxlWQ?oc=5) · The Business Journals
- 2026-07-02 [City gives old bank building new purpose - Plant City Observer](https://news.google.com/rss/articles/CBMigAFBVV95cUxOLTZoaGd4ZlFPSm1FN3ZOZzlQSy1rc2lkR0NLSU5JdUN6MXd5OTlCbXJTUkItY0pLN1I2YWF3US1BNGVBSllPazNTVHdKYVRBVDhVa09wdDg1M2xlN1hwVUlCUWNVR1lVUlZWMXZsYzY3b1ZkaEF1OExkTEUwN2ttMQ?oc=5) · Plant City Observer
- 2002-07-01 [Community-minded - Florida Trend](https://news.google.com/rss/articles/CBMibEFVX3lxTFBnTldYUGtkU1hBbHlnclVQSzgwczhUN2ozNXcxMUJWa0NaOW9pVVk3RFgzRGs4RFpPcldMV0NnRndCQjJVMzYzZVVTLUx1T3Btc1RlTkR5S0UxTHQ1ZTJldzZySnFCdEFITmdEZg?oc=5) · Florida Trend
- 2018-12-27 [Ken Gibbs Obituary - Plant City, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE8tSTVhcUw2UmU2SGNGb2JSVVhmd0s2TVJEM3l1MERqTFp6Vk8ybk1ER2wzNy1hYjZ4MzhjVzBYSDdzb3RMTzJrQUtKdHFFLVNfcHgwNG1HeEE5X3hSWTgtdTFTcHpTTUNHdmc0UU52VDFEeEZDbV9fN201dmxwUVk?oc=5) · Dignity Memorial
- 2010-04-09 [Dorothy HANCOCK Obituary (2010) - St. Petersburg, Florida - Tampa Bay Times - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOSzljZ2NZbjlvMHJRSDl2aXQtNldOWWhSRXVDUS1DNG9pM2NzRnZlaG41YTQ5NjVKM29MVm9pUjR2ZWQydG95d29DUlFTYnhvRGFLSW1nbmJJMWk1WmF5NzdwZVI4eHUwQVRjTzZ0RkpFOXJXQjVDUHVYYjVUVmtGTEI4N0I5UTg2Y0RkZ2o0bmNCWnA1bEIw?oc=5) · legacy.com
- 2020-11-07 [Dorothy Harkala Obituary - Plant City, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMihwFBVV95cUxQcWVMT1BneWVlM2tCakxVS3NRdHFLOFFkRWdrU2NHVUR1SFhlUVVPaXZjSnBtck44VVB6b0N0bzRzb0RTblE1ZWxCczdzcklBNEtCZkw3QkU2MTAtclJaVmo3MjROc0NJZWp5MTBYc2Z2MC1YckJsbjFXc21Ta2M3Rk41NUlIbE0?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34747 (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/59.json (key "34747", 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