# TRUSTATLANTIC BANK
RALEIGH, NC · FDIC certificate 35163 · asset band $300M-1B · latest filing 2015-09 · 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 | $404.9M | |
| Deposits | $349.7M | |
| Loans and leases | $298.1M | |
| Total equity | $52.5M | |
| Loans / deposits | 83.91% (p52 of band) | 82.48% |
| Liquid assets / assets | 22.50% (p42 of band) | |
| Uninsured deposits / deposits | 17.25% (p40 of band) | 19.89% |
| Brokered deposits | 13.57% | |
| Wholesale funding | 13.57% (p79 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.46% (p74 of band) | 10.12% |
| Unrealized securities loss / equity | 3.25% (p78 of band) | 1.17% |
| AOCI / equity | 0.08% (p54 of band) | |
| ROA (annualized) | 0.98% (p56 of band) | 0.92% |
| Net interest margin | 3.60% (p51 of band) | 3.59% |
| Efficiency ratio | 56.72% (p20 of band) | |
| Noncurrent loans | 0.84% (p54 of band) | 0.75% |
| Net charge-offs (annualized) | 0.39% (p96 of band) | |
| Reserve coverage of noncurrent | 186.23% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 111.62% (p93 of band) | |
| Auto loans | $138,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -12.2% | |
| Employees | 50 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)
- **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 | 3 | brokered >10%, wholesale funding >15%, construction >100% equity |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 5 | capital falling, reserve under noncurrent |  |
| 2011-12 | 4 |  | capital falling |
| 2012-03 | 3 |  | reserve under noncurrent |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 4 | capital falling |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 3 |  | capital falling |
| 2014-06 | 2 |  | wholesale funding >15% |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 3 | reserve under noncurrent |  |
| 2015-06 | 3 | charge-offs p90 | reserve under noncurrent |
| 2015-09 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2014-10-23 [First Tennessee to buy North Carolina bank - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMilgFBVV95cUxOWGQ1U2JSQ2xBRlFVNDd2Z2hvS2hkVkZsZHJYM1hxX3E2dUhQQmdxY1l2MTcyVUtyS2NHUVB5b01NMlNrZm1QNnpnNldrSGFCWG8wZ1hlOE5DdWNBekxteGJGNHJxS3psdTR5MHpVZ1psbnA4NlNUMUlHZXNCS3JiYnhPVEtlWUp0UUphR0JwRnFTajVZelE?oc=5) · Chattanooga Times Free Press
- 2017-06-06 [NC banking: Largest regional banks based outside the state - Business North Carolina](https://news.google.com/rss/articles/CBMigwFBVV95cUxObTR5WWpFSURZcFdyYkxKN3g5VFlxOEhFRDhwNEtSMUwyRVlOazh4QlM5QVd4TlNzcHVsNzlTSWdnSXBRWERjSlBVRnRfMjRRaXNOaS00Q3lOWDdwUEV2UGxfa3RZSjlnVmlTeWFoSEhDOHY5YWRnTERoUHBKWm5sVzgzTQ?oc=5) · Business North Carolina
- 2015-09-18 [First Horizon buying North Carolina bank - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxPWk1ERVJqb211MUhPbTBZVEl2Y2VzQ2RqQUU0LVNwYTdhVUZobS15alpfQ25uYzRCT1k1b3pkUkx1TC14V0JOMDNyRGoxMjZldF9KMERBdW5IY3cyY0QwUC1CSFkybUJBSDdWbV8yb05pa0R1VHRZYzU2UENmWTEtT0Q2LVJKV3B6emZyanlhU3VPLXI4d0pOSzQ3bkV3dw?oc=5) · The Business Journals
- 2026-07-17 [Catherine Wood Promoted to Head of Commercial Banking Strategy for First Horizon Bank - Morningstar](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNZHg0cGJYbzdxRkd6QWc0NHRxWV9BVW1fRUpWbkU5QWF2bExTWW5nWkJSUE9fcElhclJBVTRoeUF0VXFpRElBblY5dzdvVGhxbzI2dF9XN1JidVJObFZWdUZDYVNGWkhnUDdicXlvaDRoQjRJRGN5bEFVdGZGeDlPNXJfMmx4eG11eFVmb1RYSERseEM3WV9LcGRiRUM2YkpVMDJHTXh5WkJEc20ySHptWlRDM1R4SnFValZGTVhNVHNwWUpUek1rUUFObjlpVXR4bURiT3FlWVpzX1ZfWXFj?oc=5) · Morningstar
- 2017-03-30 [Bank M&A? One Bank Says 'OK,' and Another Replies 'No Way' - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxNcnp3WFZoNG5YUkl0T1lOWnUyNWtRUnJaTEpaRmNmX3VYUnpTY0hqdlhoQlUxMGJyOGZoa2F1Qm9sdkNfMk5nTWZRNXcxZVA4RlJpZHZTWk1oOTdYSHlMSnVWUk4ya0VVWGNPMl8tVjlUSVNrOEJ5S2F6Y1VaemhGZVl1RHNuRW9heGREQzVBNndqdnIzc3I0?oc=5) · American Banker
- 2018-06-04 [The dwindling supply of locally owned N.C. banks - Business North Carolina](https://news.google.com/rss/articles/CBMie0FVX3lxTE5ZYjlic2h2VElEU2JyN2E5SFFqVWJKa0FiX3h5ZGNEZUlVMWlSQ0l2MFNUdHo5VVhpdUJ3SjdJWmRkLVVKRW5QY2tKZ2sxWkRGOGw3LTF5RlJ6SkRjU3liTzBQSjkwdnBHbWh4YXZld2pIVzNIclFRaVJCUQ?oc=5) · Business North Carolina
- 2019-10-07 [R. Johnson Obituary - Raleigh, NC - Dignity Memorial](https://news.google.com/rss/articles/CBMie0FVX3lxTE5YRXpiUjlZaExFRW44TTdQQ3FScHY0MEJOZk5pM0x0Z3VvS2JRT0I0a2hKdWxXWGowcWRLRkxMYzBiMmhrWFRpcTdvZ19PSGNlM19IdFlDbUp3RWVoODZZTy1COENGMHYtRWlyYUZFaXcwdmpzS05CYUk0Zw?oc=5) · Dignity Memorial
- 2017-02-16 [First Tennessee names new market leader, taps former TrustAtlantic CEO to chairman role - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQeF9zQVVyZEF5T3pKdEl2WmRkdFNwRm9HSjJRd0lHN1ZaOUlEQ0d0d3RLTFpLSXZGamVSZ295bjMyUkNtTDQ3V3packZzZnBwWnk5SFpQSHBsM2owV0lUUG91OEowODRuS0VWSG1acVZZc1V2cUE4X01IQW5PQ2dlVjhXN0JwZzE1UmZKSkJoMnJjaUZmZFo1VVg5R3FoT3hZTXRmcw?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35163 (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/27.json (key "35163", 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