# LANDMARK BANK OF FLORIDA
SARASOTA, FL · FDIC certificate 35244 · asset band <$300M · latest filing 2011-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $266.5M | |
| Deposits | $244.4M | |
| Loans and leases | $225.3M | |
| Total equity | $-172,000 | |
| Loans / deposits | 87.47% (p82 of band) | 71.80% |
| Liquid assets / assets | 14.05% (p7 of band) | |
| Uninsured deposits / deposits | 1.00% (p6 of band) | 7.92% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.97% (p70 of band) | |
| FHLB advances / assets | 6.38% | |
| Tier 1 leverage | -0.08% (p0 of band) | 9.80% |
| Unrealized securities loss / equity | – | 2.62% |
| AOCI / equity | – | |
| ROA (annualized) | -6.47% (p1 of band) | 0.68% |
| Net interest margin | 3.29% (p21 of band) | 3.84% |
| Efficiency ratio | 134.70% (p97 of band) | |
| Noncurrent loans | 16.27% (p99 of band) | 1.53% |
| Net charge-offs (annualized) | 4.18% (p99 of band) | |
| Reserve coverage of noncurrent | 31.60% | |
| Real estate % of loans | 94% | |
| Construction % of loans | – | |
| Auto loans | $1.1M (0.50% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 53 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **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 | 10 | leverage <7%, leverage <5%, securities losses >30% of equity, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  | securities losses >30% of equity, construction >100% equity |

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

- 2011-07-22 [Sarasota's LandMark Bank seized by regulators - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMirgFBVV95cUxOUDlpb0ZEdnRmU2V4TDVRaGowLUdZSnJqbzZQNG5zTEc1MG9vRWw2bG5USFAtenRvdm11d2dQSTM5VlhhNklFU09rc3k4b0tZY3podmRDcUp1dmZwMzFlcEI3QU1kdkJHODVvdTJqWVRVaHBSbzEtVjk0djNOVWNZbkhnUjlqV294d1hwOU8wRHdqbWFqVTdFLXdNbnozUVNqN1EzY2hYUDdDdDVVVnc?oc=5) · Sarasota Herald-Tribune
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2014-12-14 [FDIC still pursuing money lost in bank failures - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMitwFBVV95cUxNMnM2ajhmNmY0aEpTdGE4eTR2MzMyeWMzdS1TTS1NSGdsRXgyQS1NVjZtaWpoM0c5S2lkTHNQcUZJQ05OZ09KVHBVbjVlOFlhX2luR25qWTNZeFVtRG9idDBoUVVZVkNxdTZPTzM3WGU2SW93NXRiQm95YlFqNDJqVk1fQk1FUDlkb0kxVmtLUkV6ZEo2djl3MG1UQ1dZUWRSLXlqSFJYLUN3blNUVUNWMjFRMEVraTA?oc=5) · Sarasota Herald-Tribune
- 2018-02-09 [Banks fell in the Great Recession, but they're stronger now - Naples Daily News](https://news.google.com/rss/articles/CBMitAFBVV95cUxPei12aGhVOUtaMDZOR3hMM1BaaUNfckgyanNFSnZ5YXRJMFR2TERZTy01WnZ6Q1had1VmUDZOVm1BQTNXclVwN2dPdkU5ZkNlb3dqLWRjYl9RZnd2NjFOVGVnUUduYklqVDUzRXlPcmZFNU5RNGJDT28xZWkwS1huVXJMU20tcGhTVXByVDBpSUd0NVVuY0R0S1hTcFVfN0ltVlFEdm9iQ1NpYkZnZWI5dXVCbVE?oc=5) · Naples Daily News
- 2017-08-07 [Manatee County real estate transactions Aug. 7, 2017 - Bradenton Herald](https://news.google.com/rss/articles/CBMibkFVX3lxTE11QXNfcXhaRVQ5clJTZk41REhkRncxSXRac21MTzBwYk1GbW04WFR3ZDlRNVdfODBYUEJlcXZlbHB2Smd3YndtY25OOVZNNlE1TVFsaWxIek12RDE5LW5oWWxla2otSGtBNjJ3VnN30gFuQVVfeXFMT21odDlsVmtoZHhKai1KZlpYWnFHRVRUaWVVdFhsVmh4THlSaUlqRnVZU1hHaGZTMGt4R2xrVnNXSFBnc1JtOGhLem9XSm5qbzFNa0NINkhHb0o3ck5kRXcxSnU5U25MazlFVVFmTXc?oc=5) · Bradenton Herald
- 2022-02-03 [Gerald Pennington Obituary (2012) - Lexington, KY - Lexington Herald-Leader - Legacy obituary](https://news.google.com/rss/articles/CBMikwFBVV95cUxOZmhwcU1WZFhNeTJCQ0lTMGNxaFlsUncyd0cyNE84ZDNHakhSb253VGZXWmFIelFQblJzNGI5aTVWNHEtT0x1Nlh2Z3BldEdXS0VkVHVCeGxRZHFOQVBpMFlMYkU0bmtmVmhrRW13MHNRUFM5M0Q0OHc2dFZRbFZERUV5WHROc1o2eldPV0RQVlVZSWs?oc=5) · Legacy obituary
- 2006-11-08 [Family hopes multiple surgeries will heal infant son's ailments - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMixgFBVV95cUxQWDhKc3ptVnQwblppZXd4djZySms4V0pZWnVMeEJJVS1SUW12U3p0V2pneW1pUVhHQnpMNkVUdGdlUG54RnVGX3dHLUVsekpaSEpPUHREd2hhNzNOdVRPOTlxV2ZaZ3lTb0kxekMwSnFGbEpNeTdqUlZGaDhMU2R5SENMcUk3T0tVcjdndDBmUWN3TGFwdzVoUTYtcXpGbjFwSnRPM1VQNXFGT3hzVkozWW9wWkNkUnltMG9NTkU4c2xMYWNRRUE?oc=5) · Sarasota Herald-Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35244 (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/44.json (key "35244", 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