# FINWISE BANK
MURRAY, UT · FDIC certificate 35323 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $915.5M | |
| Deposits | $723.0M | |
| Loans and leases | $737.2M | |
| Total equity | $164.1M | |
| Loans / deposits | 95.40% (p82 of band) | 82.04% |
| Liquid assets / assets | 14.21% (p14 of band) | |
| Uninsured deposits / deposits | 19.47% (p26 of band) | 25.97% |
| Brokered deposits | 48.69% | |
| Wholesale funding | 48.69% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 18.05% (p96 of band) | 10.81% |
| Unrealized securities loss / equity | -0.61% (p89 of band) | -8.10% |
| AOCI / equity | -0.01% (p74 of band) | |
| ROA (annualized) | 1.42% (p59 of band) | 1.28% |
| Net interest margin | 13.58% (p100 of band) | 3.91% |
| Efficiency ratio | 56.77% (p36 of band) | |
| Noncurrent loans | 5.11% (p98 of band) | 0.43% |
| Net charge-offs (annualized) | 4.86% (p100 of band) | |
| Reserve coverage of noncurrent | 125.94% | |
| Real estate % of loans | 41% | |
| Construction % of loans | 35.83% (p43 of band) | |
| Auto loans | $186,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.0% | |
| Employees | 206 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 | losing money, expense ratio p90 | reserve under noncurrent |
| 2011-09 | 3 |  |  |
| 2011-12 | 4 | capital falling |  |
| 2012-03 | 4 | reserve under noncurrent, deposits shrinking, assets shrinking | charge-offs p90, expense ratio p90, capital falling |
| 2012-06 | 5 | expense ratio p90 |  |
| 2012-09 | 3 | capital falling | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2012-12 | 3 |  |  |
| 2013-03 | 0 |  | losing money, expense ratio p90, capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 1 | uninsured deposits leaving | capital falling |
| 2014-06 | 0 |  | uninsured deposits leaving |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 2 | charge-offs p90, uninsured deposits leaving |  |
| 2015-09 | 4 | capital falling, construction >100% equity |  |
| 2015-12 | 3 |  | uninsured deposits leaving |
| 2016-03 | 1 |  | charge-offs p90, capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 | capital falling | construction >100% equity |
| 2016-12 | 1 | construction >100% equity | capital falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | construction >100% equity |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | charge-offs p90 |  |
| 2018-12 | 2 | brokered >10%, capital falling | charge-offs p90 |
| 2019-03 | 2 | charge-offs p90 | brokered >10% |
| 2019-06 | 1 |  | capital falling |
| 2019-09 | 2 | brokered >10% |  |
| 2019-12 | 1 |  | brokered >10% |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2020-09 | 5 | uninsured deposits >50%, run vulnerability |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 4 |  | run vulnerability |
| 2021-06 | 4 | run vulnerability | wholesale funding >15% |
| 2021-09 | 4 | brokered >10%, wholesale funding >15% | loans exceed deposits, run vulnerability |
| 2021-12 | 3 |  | wholesale funding >15% |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 2 |  | brokered >10% |
| 2022-12 | 4 | brokered >10%, wholesale funding >15% |  |
| 2023-03 | 4 | uninsured deposits leaving | uninsured deposits >50% |
| 2023-06 | 4 | capital falling | uninsured deposits leaving |
| 2023-09 | 6 | uninsured deposits >50%, noncurrent p90 |  |
| 2023-12 | 7 | reserve under noncurrent, uninsured deposits leaving | uninsured deposits >50% |
| 2024-03 | 6 |  | uninsured deposits leaving |
| 2024-06 | 6 | loans exceed deposits | capital falling |
| 2024-09 | 6 | uninsured deposits leaving | loans exceed deposits |
| 2024-12 | 5 |  | uninsured deposits leaving |
| 2025-03 | 5 |  |  |
| 2025-06 | 6 | capital falling |  |
| 2025-09 | 6 |  |  |
| 2025-12 | 6 |  |  |
| 2026-03 | 6 |  |  |
| 2026-06 | 4 |  | reserve under noncurrent, capital falling |

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

- 2026-07-21 [High-Cost Rent-a-Bank Loan Watch List - NCLC](https://news.google.com/rss/articles/CBMieEFVX3lxTE50NVRQTm1YeWR4SlljRnR5V21DcXJUaVh5QUlvZDlTQkNMQVpFZkFXVUFiTXJUUFdXZU9NQng2MEtrcGZMNy02anpjNzI3djVnSnNSSGtIZlFONTRNZ0I4SzFyaWdJWU1DQW91U0JPNlotUy0xSS0xVw?oc=5) · NCLC
- 2026-02-05 [Utah Banks Are Quietly Rewriting the Rules on Fintech Risk - TechBuzz News](https://news.google.com/rss/articles/CBMikgFBVV95cUxPVndDTjZ1eUtZRFpHSnlXS1RvcWRZVUx0MmowRUxTUWJ6WWJaVlRneVo5Vl9IOUtZeVd0S2pXcUlZdHdxSF83bUxHQ1ExeE9OQ2RsYWJwd1lLclY3cURRMkVHcjRLalY4MWpZaGpZVHZHV2dFNkdwY0FRUW5rVjh5QWMwNVN5VDhTVWdBX2Z0UDMyZw?oc=5) · TechBuzz News
- 2025-09-24 [FinWise faces court action over data breach affecting 689K users - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxPNWhpN0VucXNrZi1GblhPdXBWalpGcy0tNGxNRHZXQkM1MWlRaDJwOEM3cTNyVUVQSFBQUElPa3lHVmE5UzVZMTViU2RzaW5fblh4LU9ha2wzb1VQZTZaYVpnZmFvWnlYYU45aUFfRVFKWldDTE53UklQZHA3SUh4VHFTLU96QWotTEdOZzY2MkEwTEdOWEdRZG1lZ1k5ZWZaTE1kN1A5aFRWM1ZEUVE2a0NB?oc=5) · Banking Dive
- 2023-03-15 [FDIC Should Downgrade FinWise Bank Over Predatory ‘Rent-a-Bank’ Lending - NCLC](https://news.google.com/rss/articles/CBMilgFBVV95cUxPdjZNU05KanBmbTM0RjVoS2s3XzBWNFpVZzdRemY1a0tQaEVlWkFCUWpYa1dQaTdyQkVGM1c2WmVkS2RZdGpFTlhCNllZWVZJVmRKRV85dTcwTVZyYU9qZUxHLW52alRDVkcyZTcxenhER08ySF9tTFhGdGUxTEhTaDVBYUR5M3VocWlXd3A2VXpUcG50ZGc?oc=5) · NCLC
- 2025-09-23 [FinWise took a year to disclose a breach affecting 689,000 - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxQN1lyVE9zZnR3Y1ExaWpESlpVQlNEbDU5dFNwVTU1eC11aFByODBieVNsVkxUNUk0TzZVODhmZmR2Nlc0aGUxVkctVnAzX1hzcVNtWklvOVdEekFzTmRFcUMySjc0RTdMRG1VQ0ZFQV9zOEF0UHJhZ1paSXVQRFpSNDFsc2tzXzA4UEE2WHN1SExDVWdFRnVXT2p5TmE?oc=5) · American Banker
- 2025-09-15 [689,000 Affected by Insider Breach at FinWise Bank - SecurityWeek](https://news.google.com/rss/articles/CBMihgFBVV95cUxNX1dTYW9RY2ZnaHZILUYySUtDWmh6MURIMXJUUmNHTjhiOFNOSlRtR0VIVXBMWUZRWFBPNVJacHpHWGdaVXB4cTBpSHU3aEdfdFdxQXE2b21RTVBoU3BaaVNuVWIzZkVZTVB1cDN4YVBVLWxaQWJoS3Jhb2FYRWdiekdwWjRCd9IBiwFBVV95cUxOV0dGd0tmVmJZWE9PRDFKYmpHSlVJZC1oLXhvODEzcGlOcjBvQk4xRkNNXzJIVFZaNkg4Z2dqNGNaRDI0SG1XZ0VJMmlKSVB1SmJKcGw2dldqSUdSbU1nQ2N4bXVFZk1aT19heWQ5eDVfSEtvd2N0bk9xekNxUnlYc3JPZkpJbndRekow?oc=5) · SecurityWeek
- 2025-09-25 [FinWise Bank data breach affects 689K customers - Top Class Actions](https://news.google.com/rss/articles/CBMirgFBVV95cUxQT0lpUzZCQkFkSEg2cUVpVE94VjlqQTRiUE9udURqbmd2UnVfeURUMG1fQlNESnFmTnhTZmhtUTI0YzBUWEJzekc3b0NaTjBwN0dudWduNDJUODc4azNEQV80VTZ3bjhKUjRyU3dXY0FNZGJMblhZaGZXNC12SmZadVhNbnJPSDJKTEJnMFZJNC1aQUhMNEE1Z0F1VDFkOTJ4dkJ4SDNTQlIzeEFSSmc?oc=5) · Top Class Actions
- 2024-02-28 [A closer look at FinWise Bank and Earnest’s alliance to expand student loan financing - Tearsheet](https://news.google.com/rss/articles/CBMitAFBVV95cUxNYjJjMWdIdmtYN0RZU1JKdmpkVEJTOFIxc2Nzd21kOXpuSXFCQ0NWeDVyS2tLRmE4UEJSa2pUMldOdTM0NU9pbm9HV2xKNnVGOTFrRUJvbTZVamlHczJzeUR1bkhkVXlkb3UweDBqMGcwaFRrTE5CaUFkX0tmS09XVXN2Q3k1Q0otdFMyQXMxcGhMUS1ITHF2UHRYMGJhSUFnZkRWUXoyZ1oyX3hlV2l4R2l0aU0?oc=5) · Tearsheet

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35323 (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/59.json (key "35323", 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