# BAY CITIES BANK
TAMPA, FL · FDIC certificate 35066 · asset band $300M-1B · latest filing 2015-09 · 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 | $530.4M | |
| Deposits | $473.7M | |
| Loans and leases | $422.4M | |
| Total equity | $49.7M | |
| Loans / deposits | 87.95% (p62 of band) | 82.48% |
| Liquid assets / assets | 15.89% (p21 of band) | |
| Uninsured deposits / deposits | 30.60% (p81 of band) | 19.89% |
| Brokered deposits | 5.69% | |
| Wholesale funding | 6.64% (p51 of band) | |
| FHLB advances / assets | 0.94% | |
| Tier 1 leverage | 7.55% (p3 of band) | 10.12% |
| Unrealized securities loss / equity | 3.55% (p80 of band) | 1.17% |
| AOCI / equity | -0.03% (p38 of band) | |
| ROA (annualized) | -0.64% (p1 of band) | 0.92% |
| Net interest margin | 4.09% (p80 of band) | 3.59% |
| Efficiency ratio | 96.53% (p97 of band) | |
| Noncurrent loans | 3.65% (p95 of band) | 0.75% |
| Net charge-offs (annualized) | 0.99% (p99 of band) | |
| Reserve coverage of noncurrent | 37.04% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 46.53% (p61 of band) | |
| Auto loans | $171,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $995,000 (2% of equity) (p92 of band) | |
| Deposits YoY | 3.3% | |
| Employees | 73 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 3 | losing money, noncurrent p90 |  |
| 2011-12 | 5 | capital falling, charge-offs p90 |  |
| 2012-03 | 4 | uninsured deposits leaving | losing money, charge-offs p90 |
| 2012-06 | 3 |  | capital falling |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 5 | capital falling, deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2013-06 | 5 | brokered >10% | capital falling |
| 2013-09 | 5 |  |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 3 |  | deposits shrinking, assets shrinking |
| 2014-06 | 3 |  |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 2 |  | brokered >10% |
| 2015-03 | 1 |  | noncurrent p90 |
| 2015-06 | 2 | noncurrent p90 |  |
| 2015-09 | 6 | capital falling, losing money, expense ratio p90, charge-offs p90 |  |

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

- 2015-06-18 [Bay Cities Bank bought for $101.6 million - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMipwFBVV95cUxQOVRqYlBhTFEyUThUSUZjbnRCYXE3QnlWWGxFMXNMSWVzclJwTk9abHFvdWdCSHZvZVZGb284Y1BNSlg5M2RYbG5KdGFPVHFaTVhrQ2ptZThkSE00S0t1U09vTjdjdkprN2pjeFpRdTBJa2x2LUVpRU5aTFk4V2ZYNWsyWjl0WHVidUlKZnA1cmpwR3B2NS1xelZwdFlFY0ZBR2JsU3VoUQ?oc=5) · Sarasota Herald-Tribune
- 2015-10-20 [Centennial, fresh from the Bay Cities Bank buy, eyes more M&A in Florida - The Business Journals](https://news.google.com/rss/articles/CBMivgFBVV95cUxQQkh5aHFHZEswQjdFMC1hZmVLV1FMR2N2TUtVSGwwOS1ZUEZvNDh6UGNKVXlCRWIzRnVza1N6cUV5QjNhLXJST1hPVGY2czh3OEc2dWxFeURrZm9WQm5wRkY2dTlBNm0xMF83NDhuOHBlR0JkSGQwNHVZZFJpbE5oLW9KRENYMXZNTkRzNVpHcGJXLXhabHhSdmtrN3VwSllnT0l5a1pYd0xzRkhtWGJCc0wwaXhSRDI0d0xiUGVR?oc=5) · The Business Journals
- 2022-10-24 [Centennial, ServisFirst settle non-compete lawsuit for $15M - Banking Exchange](https://news.google.com/rss/articles/CBMirgFBVV95cUxQc2d0U0t0RlQwTGJoMW5iMUhpenh5ZzY0TTZmcUE2WEFsSEJJaW1yMUJYODVpcjhnMU5wYm5ZZmVvQVhodW92Q0otb0Z3Yjlremh3bGZxWjBsSGRBNDVxaXhURHVGSHVVV29XWVF1VF85TTY5SWFLRFJZcXVNM0k0dzM5TFdOTWdKVkJWZHgtX0owZkg3aVNwTVQ4WGhEdU5iTDV4dHg4Q3dYS2ozcWc?oc=5) · Banking Exchange
- 2015-06-18 [Exclusive: Inside the Bay Cities Bank-Centennial Bank deal - The Business Journals](https://news.google.com/rss/articles/CBMiugFBVV95cUxONmFaMGhCZEFrY1hNOWcyb2RCRVFtVGlzd3BzYVM2ZUZYYi1UUU13UVM4eDE3ekdQb09zR29EUVpQTHI5bDJGZUMwVWNaTm5aWUNZeGw0bkhCc0llVkNKa0ZkTWRYVXhnSC16RlptSGNRUWExd3ozbDRfNG5GREsxUG1lb0xHQWJkdDd3V3FSN3RWYkZqU3pwdV9qVVRqRTIwUXVDdTl3VmxhS1RfRllJS1pCb1JhNmU4cnc?oc=5) · The Business Journals
- 2017-01-15 [ARTEMAS THAYER Obituary (2017) - St. Petersburg, FL - New York Times - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQM2t2ZE1JZ1VjM2ZXVHBpOW80RzJVSExaeXBMcGRNWHBpRFFXalRTSGxqQ0M3bXRQdk8zVnc3ZF83V1RrajVXakJib253Z3RpVncybUNCOUstalpuUWF5RzE5OHhwTGdYald5T0hBTkJlOFcyczNPS092SmdGbEJLY3FHUld5cVdPVDQtRjdR?oc=5) · legacy.com
- 2016-12-26 [Banker and civic leader A. Bronson Thayer remembered as thoughtful and selfless - Tampa Bay Times](https://news.google.com/rss/articles/CBMirAFBVV95cUxOMld1NHM3VGMyX0FZbmdwaUNPVEd4RnppUzZob3FfWVoyM2JwVWRkTGFSTk4tUFpkcXJTUGZJblFBVkhwd0J3eEdYYlNyczJObmlnQVNIWTFMNFhqSHdrZDR5WU9OT05HZ0JLSXlTRnlhc2Zicy1JOTJXNFNRRUt1R1J5dHE3cTItX2t1YnNFS0JuajZiX0toZkN3a0Q2VS0zakpVd1hnLXlxWXJt?oc=5) · Tampa Bay Times
- 2022-10-20 [Banks reach $15M settlement over alleged misconduct of Tampa banker - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxPSHNmeXkyUjVmVFY2a1BoS2EzZXJReExmSmp3bHBkaEJtMjlYLXV4Rjc3MmNqV2QtVTFxdFhjT1MwbTFkcHhsSjY4WFNzLVFVTUozaTBFLTJZVldGdGxwdnduR2hzc29HU1Blcy1mbGdqU241NlBreF9OWDQ5bEtabFJyUEY1bG80dUxWTlV3UzM5ODVvUE5manM0eHpiX2c?oc=5) · The Business Journals
- 2015-11-10 [Centennial's star rises at former Bay City branches - The Business Journals](https://news.google.com/rss/articles/CBMivAFBVV95cUxPN1JDYUFtNE1rUHYwVXhQTE90S3otbExzNzlKQmxFY2JfZGNUU3BMME1INnNwOWs2M1diTm9YSjg0VFBYN3hDT0h5VkdIODQ2cUtUT3U0aHFNNWVWTGRGUENfekRKa2ZicGZBa0RsSFl4TkIweTBuMlgzS0M0SnRBSkpELWVleW9TWjdBTTBnOXFsdldURm5ZRTR0T0s0ZktUOHdia3laUjZNX1FzZUMxSVR4ampSWnNPZ3R4Ng?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35066 (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 "35066", 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