# TOWN SQUARE BANK INC
ASHLAND, KY · FDIC certificate 35337 · asset band <$300M · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $150.0M | |
| Deposits | $121.6M | |
| Loans and leases | $126.1M | |
| Total equity | $18.1M | |
| Loans / deposits | 102.40% (p96 of band) | 69.26% |
| Liquid assets / assets | 13.76% (p7 of band) | |
| Uninsured deposits / deposits | 11.36% (p45 of band) | 12.49% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.67% (p74 of band) | |
| FHLB advances / assets | 6.67% | |
| Tier 1 leverage | 11.97% (p73 of band) | 10.29% |
| Unrealized securities loss / equity | -0.42% (p58 of band) | -1.01% |
| AOCI / equity | -4.70% (p41 of band) | |
| ROA (annualized) | 1.29% (p80 of band) | 0.76% |
| Net interest margin | 4.73% (p93 of band) | 3.63% |
| Efficiency ratio | 67.52% (p32 of band) | |
| Noncurrent loans | 5.46% (p93 of band) | 0.94% |
| Net charge-offs (annualized) | 0.57% (p91 of band) | |
| Reserve coverage of noncurrent | 22.83% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 72.08% (p89 of band) | |
| Auto loans | $1.7M (1.34% of loans; DQ 0.65%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -16.4% | |
| Employees | 47 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **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 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 3 | losing money, expense ratio p90 |  |
| 2012-09 | 1 |  | losing money, expense ratio p90 |
| 2012-12 | 3 | noncurrent p90, assets shrinking |  |
| 2013-03 | 4 | deposits shrinking |  |
| 2013-06 | 5 | charge-offs p90 |  |
| 2013-09 | 4 |  | charge-offs p90 |
| 2013-12 | 7 | loans exceed deposits, charge-offs p90, uninsured deposits leaving |  |

## 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=35337 (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/9.json (key "35337", 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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