# BAY BANK
MOBILE, AL · FDIC certificate 34872 · asset band <$300M · latest filing 2014-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $78.0M | |
| Deposits | $59.1M | |
| Loans and leases | $43.3M | |
| Total equity | $5.7M | |
| Loans / deposits | 71.89% (p53 of band) | 70.22% |
| Liquid assets / assets | 35.76% (p52 of band) | |
| Uninsured deposits / deposits | 11.83% (p47 of band) | 12.36% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 16.80% (p94 of band) | |
| FHLB advances / assets | 13.41% | |
| Tier 1 leverage | 5.11% (p1 of band) | 10.41% |
| Unrealized securities loss / equity | -4.95% (p8 of band) | 0.24% |
| AOCI / equity | 6.92% (p90 of band) | |
| ROA (annualized) | -0.54% (p4 of band) | 0.79% |
| Net interest margin | 3.72% (p56 of band) | 3.62% |
| Efficiency ratio | 114.27% (p96 of band) | |
| Noncurrent loans | 1.05% (p55 of band) | 0.88% |
| Net charge-offs (annualized) | 0.45% (p93 of band) | |
| Reserve coverage of noncurrent | 180.26% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 156.58% (p99 of band) | |
| Auto loans | $58,000 (0.13% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.6% | |
| Employees | 24 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | wholesale funding >15%, leverage <7%, leverage <5%, losing money, expense ratio p90, construction >100% equity |  |
| 2011-06 | 6 |  | losing money |
| 2011-09 | 5 | losing money | leverage <5% |
| 2011-12 | 6 | leverage <5% | losing money |
| 2012-03 | 8 | capital falling, losing money |  |
| 2012-06 | 8 |  |  |
| 2012-09 | 5 | deposits shrinking | leverage <5%, capital falling, losing money |
| 2012-12 | 7 | assets shrinking, uninsured deposits leaving |  |
| 2013-03 | 8 | losing money, charge-offs p90 | uninsured deposits leaving |
| 2013-06 | 7 |  | losing money |
| 2013-09 | 4 |  | deposits shrinking, assets shrinking, charge-offs p90 |
| 2013-12 | 4 |  |  |
| 2014-03 | 5 | charge-offs p90, assets shrinking | expense ratio p90 |
| 2014-06 | 7 | losing money, expense ratio p90, deposits shrinking | assets shrinking |

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

- 2014-03-06 [The First buys Bay Bank of Mobile - WDAM-TV](https://news.google.com/rss/articles/CBMiekFVX3lxTE9LbDFzd3lXRnljaVltN1hsZ3dmWnItbGVCQWEwQXZ0eENnNlRhMlRVclBhSlpuSWtKcjEzZVZ5bGxfaW9wcHhVSkdNMGJWbHp6bGRSNC1JcjZJRnc0TXh0UWc4bDJFYzZBcS1EdkU1TVJGZF9ZcWtBcURB0gGMAUFVX3lxTE9ZSEJkZTdPUkMxX2JRbGdmTTZ1Q19GRmp0VW55czdxejl4S2UtcW5waFVrUjBoanMyMFBwbG5IZGp0V3FTY1dTVE11T2JXOGJhZzNnM1YwLXkzM3oxLXFDQ0pVSV8waHRmMHR3MlhMcVpDdjVRQkplOTQ1VmlUMkZ1ZmlFNmdTVHVjM1J1?oc=5) · WDAM-TV
- 2025-04-09 [Grand Bay bank teller charged with embezzling nearly $200K - mynbc15.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNY3NhenZkNWdQV3pJU0czSGNLaEVKZGpCU3ZEaV9icXZRMGUtZldsWFdVVEJkQkUtVTQ4Q0czRXlKaWR4cWNLVDJJMkl2ZUthdVdYd3VneURhZ2NFVkVaZDZDTlBES2ZhNmkwOGVTN3hyRkYyajRwTHJ1dk91Nm1KUTN5SXNYNEdqY2JOZDdFVHJXQQ?oc=5) · mynbc15.com
- 2025-08-01 [Woman sentenced for Grand Bay bank embezzlement - fox10tv.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQOHBVdzRLdEh3TTQxSS0tQmlZaXdTOVdDTWU0RmtORmIxcTZXME13TFFtU21DaGZ5Y0dTTE90SU9wVmNjem1rRWoxRXNyUmxMeHdlazVzS0pPdnVXRWVYM0FzNXBwSDZoVWZIOUp1bkZWbkRmMnB1UmdWUHhhMmZsU1hDUU1jUHBWVV9RTE1n?oc=5) · fox10tv.com
- 2025-09-22 [See which banks snagged the most new deposits in Tampa Bay this year - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxQYVBPdEI1cG5wU210MFUxWXk5RzdYWTNncWY2YldLMHZmaTdHMUMyWWIxeUhQUGhkRzdFbENQaXVrQ2xNVjlQbEVJaDF3VU5vTVN6a2djUFpQSlZQbWk2V0c4dXg0c2RYY0NVZEpKUHdkY3RBazYwZkxYWVQ2aU1FRGlscl81b0FtQ3VWR280U0pLdkR2TFFFN0hBSUo?oc=5) · The Business Journals
- 2015-05-02 [Former Bay Bank owner remembered as ‘mover and shaker’ - Panama City News Herald](https://news.google.com/rss/articles/CBMif0FVX3lxTE9sdWZXOHRVZmlDUVZHbElGa0FBZlpSNkhFS2hhRF9QbUlEeHROcXhzRTI0a1dqb0Radl9YVFp6R2lCbkpKWlpEajdEOHB2YUhXZmVJLVprWXphanFuOXhoMXQwMHNLTDlrZ1d3dGVXS0U4SmNSMjVTYmxJN2VyTkk?oc=5) · Panama City News Herald
- 2021-10-05 [Jeffrey Paul Adams - AL.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOMXhzQjRScWRETkdaYkRxVGk0SkN1RUhoSV90QWtjQnJUNGZfZ3gxMG1XS291S1JJSHpYYWlseGl2WDBsZGlSaWhiMXhhX2tPc0FzWnVhaU9pMGcxdlN5N2xzYnNfNTVCby05dzY4czRoSGFFNHdTZjdVTzhwVEZHbzNPMWIxR1dC?oc=5) · AL.com
- 2025-08-01 [Former teller sentenced for Grand Bay bank embezzlement - fox10tv.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQTXFEN3IwZzRnRzMyNnhudHZqZHV1LXNBRGRRS2VUdVFDcGZ6TVYwdUkwRzJaR0xXaUV1YzRiYjBDcEVJd25BNEdHM1NqX0wtc3BibEdrV1JwdURYcWZrMlE5YUlDRTNhMkI0SEZRQVhwT1lwV3RfeFJudHhZbjVqU0tUWHBid1Y5alNuN3l5RFfSAaQBQVVfeXFMTXk5TXVtc3ZTLVMwRXY5SkdCbXpnSGVDODA4QkN4UlpxMi12Zko3dlF5QTE0bDVjYW9LZ1dza00xc3BmYWxiWWMxWkJyMXVuTktpbF9iaDBYRDNoUXlIOVFSS3pCN3JLVW40VW8xUERlYUljZnp6M1RvTk9GNXA0X1ByaElMSHhHQndhREZJdHo0eWhUSzN3YnZEM1g2U0Jlc3hFWWg?oc=5) · fox10tv.com
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34872 (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/56.json (key "34872", 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