# COMMERCEFIRST BANK
ANNAPOLIS, MD · FDIC certificate 35475 · asset band <$300M · latest filing 2012-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $204.8M | |
| Deposits | $180.2M | |
| Loans and leases | $180.1M | |
| Total equity | $23.5M | |
| Loans / deposits | 98.03% (p95 of band) | 67.95% |
| Liquid assets / assets | 9.86% (p2 of band) | |
| Uninsured deposits / deposits | 3.23% (p17 of band) | 8.38% |
| Brokered deposits | 17.04% | |
| Wholesale funding | 17.04% (p94 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.42% (p70 of band) | 9.95% |
| Unrealized securities loss / equity | 0.00% (p11 of band) | 2.77% |
| AOCI / equity | 0.00% (p58 of band) | |
| ROA (annualized) | 1.09% (p68 of band) | 0.78% |
| Net interest margin | 5.38% (p97 of band) | 3.77% |
| Efficiency ratio | 46.95% (p5 of band) | |
| Noncurrent loans | 1.78% (p57 of band) | 1.40% |
| Net charge-offs (annualized) | 0.29% (p79 of band) | |
| Reserve coverage of noncurrent | 107.53% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 5.63% (p31 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.1% | |
| Employees | 35 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | loans exceed deposits, brokered >10%, wholesale funding >15%, liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 4 | charge-offs p90 | loans exceed deposits, liquid assets <10% |
| 2011-09 | 5 | liquid assets <10% |  |
| 2011-12 | 4 |  | reserve under noncurrent |
| 2012-03 | 4 | uninsured deposits leaving | charge-offs p90 |

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

- 2024-10-31 [Pinnacle's Jeanne Keller Honored by American Bankers Association with Emerging Leader Award - Pinnacle Financial Partners](https://news.google.com/rss/articles/CBMixgFBVV95cUxOWmcxWUZKQm4yaHpvWE45NkNQNks5QXFHcFU3a0ZZSDlZQ1A3QnZiNGlVYVRyMmZWNm93YU1ieXV3UFF3dGVOOE8yOGtYUHF5Tjh0aEk0VENGQkdmSi1NRGZtTTJ5V0JFQldoV0xnSlNEbzY5Nkl3S2ZmUzV3UXBxblRIZExFS2FRSm11N2VWVkhSRVdDaHR0YVhvdTgtc25vMXE0dF9hS0xoVHFUd3M0b2dWSTVNYW1ES2hfVF9NejAwZGtyUnc?oc=5) · Pinnacle Financial Partners
- 2014-06-19 [W. Craig Engelhaupt | M&T Bank - Maryland Daily Record](https://news.google.com/rss/articles/CBMic0FVX3lxTFB4WDNnNDhyaTVINWY0VjJqTlZUWnZqamVuZS1IM1NlVkpYaTFxdGNKV1dkX2dwUUpGa25TeG1mbzBYWnR3VVdBQW1rUE5RUGEzZ0dERW9nc0NhMTU0RmxEMkFkSXlrQ25sZkJtcjBnaFZwN0E?oc=5) · Maryland Daily Record
- 2019-11-06 [Sandy Spring’s latest acquisition: Rembert Pendleton Jackson - WTOP News](https://news.google.com/rss/articles/CBMioAFBVV95cUxPTUZDWTBTaHF4LTBWSlBvTWFndnRaSVluSnlMaDM0S3VBUTRfSjBkUDMtWk1lOXdIX1VZckxkejRuSlg0X2daMzRTSGtVbDZ0OFc5OWwzZ2lfc05HVElaSksyaFJuNFU3UmJ3VEVQN1o3b1k1cnJmZmN6SEJ1d0I5WjNzNnVIVzI4TUtreDRJLVZOWXo3Q2RPX1VWSVI5Y01s?oc=5) · WTOP News
- 2013-12-04 [George Shenk Obituary (2013) - Edgewater, MD - The Capital Gazette - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPSXFvMHVTLTFKazEtX0RkZHp5a1Frd1MyUkQtWW1ObElJV0VNLTZyTFE3SHI0Y2JwVjlsRy1UWVJwMW9XaDJvRTFLeU51a0RvY2FZcUhuWHVpM1RFNVhHVUhzTkhQb283d0s4MVpqbHE5cDMxN1p1ZnF3MThqR1B0c0xrN1FmMUUyQXF2RDY0WHppT0Fw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35475 (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/19.json (key "35475", 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