# PROFICIO BANK
COTTONWOOD HEIGH, UT · FDIC certificate 35495 · asset band <$300M · latest filing 2016-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 10 (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 | $68.2M | |
| Deposits | $65.0M | |
| Loans and leases | $46.2M | |
| Total equity | $2.3M | |
| Loans / deposits | 69.96% (p42 of band) | 74.46% |
| Liquid assets / assets | 26.23% (p38 of band) | |
| Uninsured deposits / deposits | 0.77% (p1 of band) | 14.82% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 3.10% (p0 of band) | 10.76% |
| Unrealized securities loss / equity | 4.94% (p99 of band) | -0.86% |
| AOCI / equity | 8.17% (p100 of band) | |
| ROA (annualized) | -4.53% (p0 of band) | 0.85% |
| Net interest margin | 3.34% (p31 of band) | 3.68% |
| Efficiency ratio | 179.16% (p100 of band) | |
| Noncurrent loans | 2.21% (p84 of band) | 0.62% |
| Net charge-offs (annualized) | -0.16% (p2 of band) | |
| Reserve coverage of noncurrent | 66.01% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 273.30% (p100 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 | -32.8% | |
| Employees | 11 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **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 | 5 | brokered >10%, wholesale funding >15%, losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 5 |  |  |
| 2011-09 | 7 | capital falling, expense ratio p90 |  |
| 2011-12 | 7 | charge-offs p90 | wholesale funding >15% |
| 2012-03 | 3 |  | brokered >10%, losing money, expense ratio p90, charge-offs p90 |
| 2012-06 | 1 |  | noncurrent p90, capital falling |
| 2012-09 | 2 | expense ratio p90 |  |
| 2012-12 | 1 |  | expense ratio p90 |
| 2013-03 | 1 |  |  |
| 2013-06 | 3 | charge-offs p90, deposits shrinking |  |
| 2013-09 | 5 | expense ratio p90, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2013-12 | 5 |  |  |
| 2014-03 | 6 | losing money |  |
| 2014-06 | 5 |  | deposits shrinking |
| 2014-09 | 6 | capital falling, deposits shrinking | assets shrinking |
| 2014-12 | 5 | construction >100% equity | uninsured deposits leaving, deposits shrinking |
| 2015-03 | 8 | leverage <7%, deposits shrinking, assets shrinking |  |
| 2015-06 | 7 |  | capital falling |
| 2015-09 | 8 | noncurrent p90 |  |
| 2015-12 | 11 | leverage <5%, capital falling |  |
| 2016-03 | 11 |  |  |
| 2016-06 | 11 | uninsured deposits leaving | noncurrent p90 |
| 2016-09 | 10 |  | capital falling |
| 2016-12 | 10 |  |  |

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

- 2024-01-04 [Proficio Winding Down Reverse Mortgage Operations - HousingWire](https://news.google.com/rss/articles/CBMikAFBVV95cUxQaHNkc2RvcjdNQk5XRTc5Q3paYWZsVll3S0NOVWNfTmttX1J2ZWdId2pWcERBRGxOcGtMTkdfaVduVUU3TUpLcE1JaUR0bXd5N3oyVGFsc0xqb0VUeC10cEx2UkhGWEh4OGZ2QjE2OGNHV2E1dTlFUUl0dXhZNktTSjNrb2RLRWpERmVNTEYweUE?oc=5) · HousingWire
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2012-12-18 [Man admits to role in mortgage fraud scheme - KSL.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOX2pJR2xDcHdscnU0T1F2bGl0TlBod1BGQTgtT19OS1VneUdJaWppVWxWVnlZeHhyX2FHQ1lNdVlaTGxjeEU3ZVVwOVpmZng1WlFJTGlvME1mTTJ5NUtpVzhMQTBOSDhSLUduNnVCYjgwWmJKR19MNUxnWjdueFo0YWpjZjlBbWhNQ184T2lxOHRPU2xp?oc=5) · KSL.com
- 2023-03-13 [Bank Failures Under Donald Trump Compared to Joe Biden - Newsweek](https://news.google.com/rss/articles/CBMijAFBVV95cUxPakVfdnJTTThVTUZyY21oSHlyVlFnSFBxM3czWnlLN3NOQ21QNHF1MkRmejBQTGpUdDQxd085dlV6dXRkWWNqeFJwcTRZUnc3bkkzQjhfaXBWamt0TlJGZUtfN2NuamVGeUV3dHlZenFLb3lQMXlVMjk1OVRNR3BuSlZ0cXRmTXlDYU5hLQ?oc=5) · Newsweek
- 2021-10-21 [Flex Fleet Rental Announces New Chief Financial Officer - newswire.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxNVHNSblJENWpwckdYU01YZ0ZyVFoycjRjN2hXTFJILTE5Q2NzcGM1WmgwajZSZlBOQ0NkS1BZZHd1a3lSV0FWY21ld081MWtiODh4ek0teEJZMlAtM3FLV1FET1JMR3dxbXN2NFBscFBKVFVTc0FVcEp2SV83TDl6LXpUbXlPQl9sNlZkekdiSjNQOGdlLVhBa1FR?oc=5) · newswire.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35495 (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/39.json (key "35495", 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