# CHEROKEE BANK NATIONAL ASSN
CANTON, GA · FDIC certificate 35136 · asset band <$300M · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $170.5M | |
| Deposits | $152.0M | |
| Loans and leases | $106.5M | |
| Total equity | $11.7M | |
| Loans / deposits | 68.42% (p48 of band) | 69.26% |
| Liquid assets / assets | 30.46% (p40 of band) | |
| Uninsured deposits / deposits | 10.27% (p39 of band) | 12.49% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.39% (p59 of band) | |
| FHLB advances / assets | 2.93% | |
| Tier 1 leverage | 7.45% (p6 of band) | 10.29% |
| Unrealized securities loss / equity | -12.46% (p10 of band) | -1.01% |
| AOCI / equity | -9.15% (p22 of band) | |
| ROA (annualized) | 0.46% (p30 of band) | 0.76% |
| Net interest margin | 3.93% (p67 of band) | 3.63% |
| Efficiency ratio | 86.79% (p76 of band) | |
| Noncurrent loans | 1.36% (p59 of band) | 0.94% |
| Net charge-offs (annualized) | -0.04% (p5 of band) | |
| Reserve coverage of noncurrent | 175.95% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 102.49% (p96 of band) | |
| Auto loans | $463,000 (0.43% of loans; DQ 1.08%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.1% | |
| Employees | 38 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | leverage <7%, losing money, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 | charge-offs p90 | leverage <7% |
| 2011-09 | 4 |  | charge-offs p90 |
| 2011-12 | 7 | leverage <7%, capital falling, expense ratio p90, charge-offs p90 | noncurrent p90 |
| 2012-03 | 4 | noncurrent p90 | losing money, capital falling, expense ratio p90, charge-offs p90 |
| 2012-06 | 5 | charge-offs p90 |  |
| 2012-09 | 3 |  | construction >100% equity, noncurrent p90 |
| 2012-12 | 2 |  | charge-offs p90 |
| 2013-03 | 1 |  | leverage <7% |
| 2013-06 | 3 | deposits shrinking, assets shrinking |  |
| 2013-09 | 4 | construction >100% equity |  |
| 2013-12 | 1 |  | reserve under noncurrent, deposits shrinking, assets shrinking |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35136 (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/0.json (key "35136", 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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