# CBC NATIONAL BANK
FERNANDINA BEACH, FL · FDIC certificate 35309 · asset band $300M-1B · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $541.9M | |
| Deposits | $430.1M | |
| Loans and leases | $472.8M | |
| Total equity | $75.3M | |
| Loans / deposits | 108.64% (p94 of band) | 84.92% |
| Liquid assets / assets | 7.50% (p2 of band) | |
| Uninsured deposits / deposits | 17.46% (p35 of band) | 21.35% |
| Brokered deposits | 7.94% | |
| Wholesale funding | 12.50% (p76 of band) | |
| FHLB advances / assets | 4.56% | |
| Tier 1 leverage | 13.43% (p87 of band) | 10.35% |
| Unrealized securities loss / equity | -0.76% (p75 of band) | -2.32% |
| AOCI / equity | -0.42% (p77 of band) | |
| ROA (annualized) | 1.99% (p93 of band) | 1.05% |
| Net interest margin | 4.25% (p84 of band) | 3.67% |
| Efficiency ratio | 65.89% (p46 of band) | |
| Noncurrent loans | 0.74% (p61 of band) | 0.55% |
| Net charge-offs (annualized) | -0.05% (p8 of band) | |
| Reserve coverage of noncurrent | 160.48% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 62.89% (p69 of band) | |
| Auto loans | $300,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -0.6% | |
| Employees | 455 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 | liquid assets <10%, noncurrent p90 |  |
| 2011-09 | 5 |  | noncurrent p90 |
| 2011-12 | 6 | capital falling |  |
| 2012-03 | 5 |  | capital falling |
| 2012-06 | 5 |  |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 6 | charge-offs p90, deposits shrinking | construction >100% equity |
| 2013-03 | 6 | assets shrinking | charge-offs p90 |
| 2013-06 | 3 |  | reserve under noncurrent, liquid assets <10%, assets shrinking |
| 2013-09 | 5 | expense ratio p90, assets shrinking |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 3 |  | brokered >10%, assets shrinking |
| 2014-06 | 5 | loans exceed deposits, brokered >10%, liquid assets <10% | expense ratio p90 |
| 2014-09 | 5 | capital falling, expense ratio p90 | deposits shrinking, loans exceed deposits |
| 2014-12 | 4 | loans exceed deposits | capital falling, expense ratio p90 |
| 2015-03 | 4 |  |  |
| 2015-06 | 5 | expense ratio p90 |  |
| 2015-09 | 4 |  | expense ratio p90 |
| 2015-12 | 4 |  |  |
| 2016-03 | 7 | expense ratio p90, charge-offs p90, assets shrinking |  |
| 2016-06 | 6 | capital falling | brokered >10%, assets shrinking |
| 2016-09 | 5 | reserve under noncurrent | charge-offs p90, capital falling |
| 2016-12 | 5 |  |  |
| 2017-03 | 4 | charge-offs p90 | expense ratio p90, reserve under noncurrent |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | charge-offs p90 |
| 2018-03 | 2 |  | wholesale funding >15% |

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

- 2021-11-27 [Wildlight welcomes First Federal Bank of Florida - The Florida Times-Union](https://news.google.com/rss/articles/CBMizwFBVV95cUxPQWFYUVRtOVlMZHBVZnI0LWhoUXdFa2VoblpTVEZ4RlItRE1ERmd1QTJEbklrdm1NdW9qSHpFM0pWUjlRdjkybWJ1YUFFeEJOai1JcG1FdHVrYnJCb1dfX1FWaHZCUHNyRzVkVlREbFRZZTV4YWlVNjdFakxPR1hLTDA2cnUwX2kwVmRZeVZJWjBLOVVaODV1cjR0eUl2VFpSanhjYTJpZVF0OWN1Ymg5aWtuUHdyelU1TjJNZndXS09zdi1QekJaX2phQ1h6a00?oc=5) · The Florida Times-Union
- 2017-04-11 [CBC National Bank Hires Industry Veteran Michael Holle in the Bank’s SBA Lending Division - PRWeb](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPMDdUeDFwNThfRllmbGg2MFJwNkFSLUdhWG5mWDRROEY3NUUxWmZBdFY1bEloUDBNV0ptUS1rSlFFT2ZhdFVOU2FuNTByZ0g0REpSSEI5VHBIejBuSDV0WU1ta1RxVGJ5cU5yWTY3WWdrOE9GRzBMcFNYTTlSTnllckxBNk9xNk51ZTNpNUM5d3UtcGEyZUt3N3FrdS1YbkU5UWxrYzAyZVB2cld6TTQ0UEJYTWh2aHVYUGxJOXpNNFhCZTRIOGRMRU5uN0xubUZMMld3Wg?oc=5) · PRWeb
- 2012-07-12 [Wells Fargo to Cease Funding Mortgages Originated by Independent Brokers - National Mortgage Professional](https://news.google.com/rss/articles/CBMiugFBVV95cUxPOWZNdHVMTVpVSXU5b3pVZVFyemo2R0g4SE54VlZJU0s3aFN0QTlFUWtySEQyYkRyRDEyQ2pVQUF3Q216eGd2RGhwTVVZM3pUSGotQXlqUGtiWm9jdWZ3TDFXRjJ5OW5VdXh1ZEpfaHowU3hHNm1vZFBIRlB5SlVoUVV0WXE1ck10MkhPV2N4eGYtZkdlWlNTc0h4elZGNUc0TFhfbXZiYjYwUGZ1dm1MSG9YTHZseGdfb0E?oc=5) · National Mortgage Professional
- 2024-06-18 [Michael Brooks has been Inducted into the Prestigious Marquis Who's Who Biographical Registry - 24-7 Press Release Newswire](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNWkhOczF0Zy1yd3pJcUFsTk5uaU5xVnpxdHEyVlVaTG9aOHpOZWlSUUdKWVJyQWJKdzBXZnBTZ3lveG9fbEsxMFJmZlBSMlFQcmp3SjVCT254a00tV0NvNTNYV1Ywb0dzc01RSnlwWU9oSWNvSmhMNWJjcGRBVUQ0T25CZFJfdTFDZ3BOdVBsQTdxS2R3bDAyLVRIVzVPb09mZ3ZJMDNiZDVfbEhENUduMll0NVZvS0kzal9FUUhRVmF0NHplZjNkQWVlUnROZkJYZnQ2ZGNaQVdIdHZRUDd3?oc=5) · 24-7 Press Release Newswire
- 2020-12-07 [Joseph "Joe" Michael Albright Obituary Dec 7, 2020 - obits.robinsonfuneralhomes.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE94czhTMVE4SUNHV3FGZlRoeEduRDJWSWx6SC1RVTNzVHBVZ2dUSTIyeXk2cS01V1UtR1FDeEp0Y3VMS3FKclV2Nm41TGRfTEh3c3B1RzkzY3ZlTUxrQXNxVEhDbmNXWkU?oc=5) · obits.robinsonfuneralhomes.com
- 2017-10-02 [News and events in business and industry - Ocala StarBanner](https://news.google.com/rss/articles/CBMirAFBVV95cUxNVDJWZHFXZkRHamdSam1tY1diSWplaExKRko4RlVxV3U5TjVQRldJM3FXWlZlRDF2OURuai1iYVUwemc4Mnk3a0IxTlFOYjJMMVlQTXp2Q0lKWUhoMVZVQ09oOFlHVnlYNWpVZXN3LWFvRU0wX3ZDeEpFMG4yVl90RmdTamcySTFxWlRJLUgybl9qamZ4VmFPamJXdmtEYkR0WkxpSU9sbEU2cDhm?oc=5) · Ocala StarBanner
- 2019-03-05 [Investment advisor ordered to pay $1.6 million after 25 years of pension fund fraud - Miami Herald](https://news.google.com/rss/articles/CBMid0FVX3lxTE0wYmRsUUtDYXhBc2tOLXhGQjMtSFdGNDJfTmpnWUhwNHRlRFVLRk0wTWM4ZjJsOFZtWUVPYk5rOHVNMlBQUmhNN1V2SmxSalZheFJhdjFGWmRhTnhUemtISVZ3THVhT2h1MVJXbkkwT2d6RlZqWmJr0gF3QVVfeXFMT3pkQlVJeDVXelNMRzZzYWdwaXZYY0U3WWlORHhGRmdZTkpnMzlJMHBEMXZnRkszRnNmaWhsb3MzQ3VkVkVQdXIyTnNlVHA1amxBYUhVdlN0SmFiNU01azljTUtybHpfVFR5djBnQklhdXc0dGhCRFE?oc=5) · Miami Herald
- 2018-01-26 [Battery Powered: Saft’s battery plant was a victory for Jacksonville - Florida Trend](https://news.google.com/rss/articles/CBMirwFBVV95cUxPVXpKNV92YjFfVUlweUtIUHFKZEVzcVhQeW4yMFVROEtCRjRpQkNhY1lTVW13TmRvQWMwR0sxX0J0VjdfbXV1eXBxUk9QcVNjSGZnYm9wWnZBNGQyX1MxLWV0WURsX1BPRnBIUExISGFDQlRuM0FpcEhtcDR1a3laZFBVOXFSQWVHajFFRmx4X2cxSTdOUzlBc0llaVk4aHJoYVlzaUFsTUJOenlTeEw4?oc=5) · Florida Trend

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35309 (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/45.json (key "35309", 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