# FIRST TRUST BANK
CHARLOTTE, NC · FDIC certificate 34864 · asset band $300M-1B · latest filing 2012-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $401.3M | |
| Deposits | $334.5M | |
| Loans and leases | $195.3M | |
| Total equity | $50.3M | |
| Loans / deposits | 56.33% (p14 of band) | 75.94% |
| Liquid assets / assets | 45.14% (p83 of band) | |
| Uninsured deposits / deposits | 5.79% (p16 of band) | 12.76% |
| Brokered deposits | 16.89% | |
| Wholesale funding | 19.26% (p91 of band) | |
| FHLB advances / assets | 0.50% | |
| Tier 1 leverage | 11.55% (p79 of band) | 9.72% |
| Unrealized securities loss / equity | 10.47% (p83 of band) | 4.38% |
| AOCI / equity | 1.51% (p75 of band) | |
| ROA (annualized) | 0.92% (p56 of band) | 0.85% |
| Net interest margin | 3.64% (p47 of band) | 3.69% |
| Efficiency ratio | 60.24% (p26 of band) | |
| Noncurrent loans | 5.79% (p89 of band) | 1.75% |
| Net charge-offs (annualized) | 0.03% (p19 of band) | |
| Reserve coverage of noncurrent | 60.67% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 63.25% (p78 of band) | |
| Auto loans | $24,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -16.6% | |
| Employees | 38 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **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 | 6 | brokered >10%, wholesale funding >15%, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  | noncurrent p90, construction >100% equity |
| 2011-09 | 5 | noncurrent p90 |  |
| 2011-12 | 4 |  | charge-offs p90 |
| 2012-03 | 4 |  |  |
| 2012-06 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving | noncurrent p90 |
| 2012-09 | 6 |  |  |

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

- 2026-08-28 [First Trust Bank Ltd. Makes New Investment in Synopsys, Inc. $SNPS - MarketBeat](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPLUdaUk1WbHF1Y2dyVkxsVmxodWwzaVhCN2xlZDNFUEVMOGhHZUMycFlSMkdoYTZINGdzTTdYWjlHNWFzd2V0NmZlSVVtcmhYdFVDazRqdWhCWkh6MkdLc0NFdnFYdHlXcVc3dEVUWTNwNXFoaGMySmRWVWpkdl9iTV9nSERuVVNUYW13VVdEN3Jyb1hxQ2ZZS21lLXNHZ2REWUQ5dDd0N0V5YzlweDJRWDRsWVU0Und4eTFzMGZjMVpCQ1E?oc=5) · MarketBeat
- 2020-12-29 [Francis Armistead "Steady" Cash, Jr. - Kenneth W. Poe Funeral & Cremation Service](https://news.google.com/rss/articles/CBMiigFBVV95cUxQNFh6X3VSMF9ZLTlKRFY5algzRms1RHprNFEtTTVoQ0g1M0RURUZTUS1aSjB6b3lsdmhSLWVkNmxLRWZrUG40QnpFNlVBZ1hJUW5KamVwRkVUNWlVRHZHUXY5X3B0dXYwY2tGS1kyMnpXa081VXBTNzZ3V2RIQUM3eTh6bktIRFQ1VlE?oc=5) · Kenneth W. Poe Funeral & Cremation Service
- 2025-12-23 [James Henry "Jim" Glen, Jr. Obituary Dec 23, 2025 - altogetherfuneral.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNQk40bkxhYllRVzdMZDgwc21DNUhYSjFsWFFXaExKRGlMQVlWVWJFcFVaY0NFaDI4dGNrQ1hOVW9wTWE1aXlPckhIV0IwdDBKY0o2TDJMVXpxV2FrUHJfTFpvckVTSlN6TDlMclZHYzFLbzNZODRoVDVlVGNMSk1GSDRBWVhEQ0xhQzhrMUtuTENkcFFqejhYSUlIck5wRHRVNTZDdEUzeVpVY0pwTXJtSHpFQm1nbDhBM1FGVmQwNzlmYWtsWWtmTjNDWE5ZZ1pZUmpRcFFOMA?oc=5) · altogetherfuneral.com
- 2015-03-19 [Bank robbery charges dropped against inmate seeking to avoid jail term in Virginia - readingeagle.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNS2djc1hkczhvcFlUQjJxWENRcWplQWF5Um9GbWdSUDJ1Z2VvcHcwSV9mSkVURGVycHI1WW1XTFQ4M2NZYlV2eWl6d01VVVFjMGh2MlpEUUdvVVhPS29tMUVjdF9qVnFIdmtaSzVYSUJhNFRnTUpnQllhNHVLMWJmTHltNEpLMkFZejJjandLYUJkdkdObXFTalg2WW5zRkpWSW5WV1pGOXRCX29mdU05SnVGRVkxbzRQc3pGN0FiVWo?oc=5) · readingeagle.com
- 2018-10-12 [The 7 Best Bank ETFs for American Bulls - Kiplinger](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPTExBSk1VYnEzOU1JMlpaaXVqN3dhS004dGViWU5TRERUbmhFUFBsVGt3Z0ZOQkUzdFlVendhbFVFNFE3NUlpLTJMVmZuUVdyd1RySHFQcnI0ZnpBNFRhUnZ5eWpLSkxFQnZlNGhsUzk0VjA3ZE12bXlNR3h4R0FjcHc1UDNta0ttaHhhNlNCdDdUQm96c2tIN1pwaGRwSjhJTWtvLTNIc2RGUQ?oc=5) · Kiplinger
- 2022-03-11 [Georgianna "Georgi" Geary Higgins, 88, Wellsville - the wellsville sun](https://news.google.com/rss/articles/CBMikgFBVV95cUxQYXpSWGY2M0FtM1dSTWhjSERFcTEteWJJZDNZSl9GN0VZaV9LbTlLM2N0eko2aUFybXJVT1c1OWNsSDJXemgwSU1jaXlpT2hsZTQyZFdjcFB3SWVXTm1kVmltaEd1TkNraFBLVVFwWDJoQ1BIMTA1cmhNN2NJNXg4c3dkV0pnczVKRGtTWWFoSl9qUQ?oc=5) · the wellsville sun
- 2017-05-05 [McFarland’s Funeral Chapel celebrates 106 years of service - The Tryon Daily Bulletin](https://news.google.com/rss/articles/CBMiogFBVV95cUxQd2NnOHp5NnMyU0RMQTNRRjhvUHBCNEU3RC1RSmc1bEQzdVlrRGNIMjRTZDhMN1RCVlV4SWlpczQ0Q21LdnN3MlZSbGtFTzBFU3QyTUk3SXNpb25NZFJ6WTVHdTBFb2FrZFRrbGJWdlVybHdSeU9Del92WllvX0VuM3lCMzNCQUttT2puZFRJenUyU2kxbnhvaHpNd1ZUMThxenc?oc=5) · The Tryon Daily Bulletin

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34864 (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/48.json (key "34864", 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