# CIT BANK
SALT LAKE CITY, UT · FDIC certificate 35575 · asset band $10-100B · latest filing 2015-06 · stopped filing (departed)

**Verdict on the desk:** this could be *lender to lenders*. 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 | $21.90B | |
| Deposits | $17.32B | |
| Loans and leases | $15.84B | |
| Total equity | $2.78B | |
| Loans / deposits | 89.85% (p54 of band) | 89.18% |
| Liquid assets / assets | 17.18% (p24 of band) | |
| Uninsured deposits / deposits | 3.27% (p7 of band) | 35.21% |
| Brokered deposits | 28.14% | |
| Wholesale funding | 34.49% (p83 of band) | |
| FHLB advances / assets | 0.67% | |
| Tier 1 leverage | 12.24% (p82 of band) | 9.86% |
| Unrealized securities loss / equity | -0.03% (p24 of band) | 0.41% |
| AOCI / equity | 0.00% (p59 of band) | |
| ROA (annualized) | 0.68% (p28 of band) | 0.93% |
| Net interest margin | 2.64% (p23 of band) | 3.18% |
| Efficiency ratio | 62.68% (p53 of band) | |
| Noncurrent loans | 0.64% (p30 of band) | 0.83% |
| Net charge-offs (annualized) | 0.37% (p83 of band) | |
| Reserve coverage of noncurrent | 281.88% | |
| Real estate % of loans | 13% | |
| Construction % of loans | 23.20% (p66 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $1.69B (61% of equity) (p93 of band) | |
| Deposits YoY | 24.9% | |
| Employees | 1191 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)
- **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%, NIM <2.5%, reserve under noncurrent |  |
| 2011-06 | 5 |  |  |
| 2011-09 | 5 |  |  |
| 2011-12 | 5 | capital falling | loans exceed deposits |
| 2012-03 | 5 |  |  |
| 2012-06 | 3 |  | reserve under noncurrent, capital falling |
| 2012-09 | 3 |  |  |
| 2012-12 | 4 | capital falling |  |
| 2013-03 | 3 |  | NIM <2.5% |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 |  |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 4 | loans exceed deposits |  |
| 2014-12 | 4 | loans-to-lenders >50% equity | loans exceed deposits |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 | uninsured deposits leaving | capital falling |

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

- 2026-08-31 [Glacier Bancorp plans a mid-2027 finance-chief handoff as Ron Copher retires - Stock Titan](https://news.google.com/rss/articles/CBMitAFBVV95cUxNa2NfY2VfTGthLU1vNnNqeEpsYVpTcGpqQnU1QkVUc3k0SEhXbXRqclg2Q1pQYTRmRVpWNDBfLVZSbUVvcXdTMzU3cWg4c29Jc0t4cTQ1cklnTzVqUEFYejdSX0pxNGlJd1hlUjA4TzJaTTlYMmJXdkVsQ0VCQ0JQY2lPMEtkaVNXTVdUd3R6S21wV3o3ZDFSdmFTRW1BYl9RQXc3Q2F6QXRpWVVOSXlpampZXy0?oc=5) · Stock Titan
- 2026-06-09 [Limelight Bank review (2026): Top rates on savings and CD accounts with few fees - Yahoo Finance](https://news.google.com/rss/articles/CBMimgFBVV95cUxNb05zRkpZRlVybjBGdThrYW1iU1RZSC1NMGpGQnF2UmkzWGlaemhCSE5YYWdaWXUtYVlnZzlZLVk0NGhOZ1pDUlZHb0NZdlNEN1R3TVJGbkxXSk1UV2dPbmlxM3IybGVCWjMzMTlnMzZTMjdibFFUSWg3M2ZBQl9LOExFV0dGMU5yMXU1U05yVUFGMHQtVU5vQjlB?oc=5) · Yahoo Finance
- 2026-08-31 [Glacier Bancorp Selects Byron Pollan to Become Deputy Chief Financial Officer and Succeed Ron Copher as CFO of Glacier Bancorp in 2027 - manilatimes.net](https://news.google.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?oc=5) · manilatimes.net
- 2025-10-15 [Best Banks and Credit Unions for Military Members for 2026 - money.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE9PcWZlSG41WW51ZlFTenpIcHFyaTVaOW9ZMHR3U012dFVQWVJia3EtWG51QkdfQ2IzWU8xN1NsVzg0UXVjYnlYdG5ZeElINmROdWt1QlNDbEJDQ29nZWZBbGRCS09jd0k?oc=5) · money.com
- 2026-02-20 [TAB Bank review (2026): High-yield accounts to help your money grow faster - Yahoo Finance](https://news.google.com/rss/articles/CBMikgFBVV95cUxQanB0SkVBVUVYbnZpWG5sUEtuZVYyQlV3dW1rR2NCbXRUV2RqX1BxVUFIdERHX2xzQ3p3aTBpQTVOcklqajBxamtHU2w4a0JFOTJIZ1lhdU1wVVBRY05VSTkxeVpCcjNRTzg5UlBKalFMbEw1WGJ5emY5MjluM2ZpX3dZZmVsUEotME9OY0VOS2dNZw?oc=5) · Yahoo Finance
- 2026-03-24 [CIT Bank CD Rates 2026 - Forbes](https://news.google.com/rss/articles/CBMibkFVX3lxTFBPUV9oYWcxdTdGNDA4X3I1M2R4MXdCY2JQcDFpNkx0b19wS0pjUl82dkpLWGlQQWw0SWk5ZzdWY0VLd2ZJLUZoVXlqRVJCeWNHN2ltWWJxRGVQQjZFMU1Ed2xHZkd1cGQ0Mzd6ZGJn?oc=5) · Forbes
- 2025-05-16 [Best High-Yield Savings Account Rates for September 2026: Earn 4.40% APY While You Still Can - Investopedia](https://news.google.com/rss/articles/CBMickFVX3lxTFA2OTN1LWM3cHJOX241VTZCWkhPU3JOLXNmTUtvcFJhbzE0YjhZTGNOcmdtWWVVVzh5Q0RsSHRJTjd5cUhuYkhmbkVpYU9ndHVMekxZVThacTF3RWFsa1ZwMWVkQ2R5ck43M28tMlBZaVl5QQ?oc=5) · Investopedia
- 2021-09-29 [Jeffrey Fox - theMemories.com](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBxdTA5NXlWSnZjNmJtRWV0ZlJVUHZmQ1ZDN0E5LVpmY1ZTeExpb0tmbzlNUmhUMFo1QURrVGVDVWFlXzNWLTF6emlrMlQtcjJuaS1LRFNLcURsX1kzNHREcHFwLTY?oc=5) · theMemories.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35575 (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/55.json (key "35575", 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