# APOLLO BANK
MIAMI, FL · FDIC certificate 35599 · asset band $1-10B · latest filing 2022-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 2 (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 | $1.03B | |
| Deposits | $864.9M | |
| Loans and leases | $718.1M | |
| Total equity | $84.9M | |
| Loans / deposits | 82.14% (p55 of band) | 79.05% |
| Liquid assets / assets | 24.79% (p48 of band) | |
| Uninsured deposits / deposits | 49.20% (p82 of band) | 32.67% |
| Brokered deposits | 0.37% | |
| Wholesale funding | 6.68% (p62 of band) | |
| FHLB advances / assets | 6.31% | |
| Tier 1 leverage | 10.02% (p58 of band) | 9.71% |
| Unrealized securities loss / equity | -35.32% (p38 of band) | -26.09% |
| AOCI / equity | -25.23% (p33 of band) | |
| ROA (annualized) | 1.04% (p38 of band) | 1.15% |
| Net interest margin | 3.51% (p65 of band) | 3.33% |
| Efficiency ratio | 61.26% (p56 of band) | |
| Noncurrent loans | 0.08% (p19 of band) | 0.27% |
| Net charge-offs (annualized) | 0.00% (p41 of band) | |
| Reserve coverage of noncurrent | 1399.63% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 86.34% (p70 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | -0.3% | |
| Employees | 102 | |

## Flags firing in the latest filing

- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | uninsured deposits leaving |  |
| 2012-12 | 2 | capital falling | uninsured deposits leaving |
| 2013-03 | 2 |  |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | uninsured deposits >50% |  |
| 2014-06 | 3 | capital falling |  |
| 2014-09 | 4 | losing money, expense ratio p90 | uninsured deposits >50% |
| 2014-12 | 1 |  | reserve under noncurrent, capital falling, losing money |
| 2015-03 | 1 | reserve under noncurrent | expense ratio p90 |
| 2015-06 | 0 |  | reserve under noncurrent |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | capital falling |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 1 | construction >100% equity |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | reserve under noncurrent |  |
| 2017-12 | 1 |  | construction >100% equity |
| 2018-03 | 2 | construction >100% equity |  |
| 2018-06 | 1 |  | reserve under noncurrent |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | capital falling |  |
| 2020-03 | 0 |  | construction >100% equity, capital falling |
| 2020-06 | 1 | reserve under noncurrent |  |
| 2020-09 | 4 | capital falling, noncurrent p90, construction >100% equity |  |
| 2020-12 | 2 |  | capital falling, construction >100% equity |
| 2021-03 | 1 |  | noncurrent p90 |
| 2021-06 | 0 |  | reserve under noncurrent |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 2 | uninsured deposits >50% |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | uninsured deposits >50% |

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

- 2021-02-03 [Apollo Bank hires South Florida banking veteran as its president - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxQZ1otdHpiYnVmbTZrQlFlTm9ySVEtdnNBOVlhRmdCUGU3REY5WlpQbmlsSlp3dGtUZTFST0lydFZMV05vWlc2dUJudEJtR05aakJCSWppQ3RxQUZITFc5UlRfM0JLZXpsd2lTTVZ5MFB0dnUyZXJIbVpTTVFwUTNGNTIyYUhNTXlDSGFWS3p1amFLQnh3U0lHTi0xdHYxeE11U0E?oc=5) · American Banker
- 2020-05-13 [Pandemic halts Suncoast Credit Union’s acquisition of Apollo Bank - Banking Dive](https://news.google.com/rss/articles/CBMinwFBVV95cUxOT18xdjMtOW1oZERwWElqV2p5RXZCdVpVTF8ycjhSSlI3cy1SU3Rwa3FXSVozVUpSOXVEVFJ2VjhIb1g3bFhSUTRvYTR1MVN1QmxfV2kzRkwyRFY4Q28wMFdOTGMyal95cTdjSzdmREwxZXpGSzVuNzFhMS1aenZmR3hOWlc4LUF2SVFhOTJOQV9Zdlozb3l3Umc0NDk0SjA?oc=5) · Banking Dive
- 2022-03-30 [Seacoast to acquire Miami's Apollo Bank in deal set to close in Q4 - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxNSWo2VnI3SXc3ajhxQUlyN3pFdG1JUThzZmk3SkZPVHgtblZiblNReTJvc0RrVUJzSUJ5eXVnLURVdHQyRzE5V3pRalF0anNiUTNBMUtEc1o0Vi1QblFsa1Jnc0NNMW8wWFE3TGZuZmtuamVKaHR1WkpJYzhuN1Vnb1MzQUxFQzlOZjdnTnZHR1M5SmFjc2JBYQ?oc=5) · The Business Journals
- 2022-03-16 [Suncoast Credit Union announces acquisition of Apollo Bank - CUInsight](https://news.google.com/rss/articles/CBMioAFBVV95cUxQbndzY0V5d3pwVnR5NDNQTzNxS0MydmdBUzQzWThUUTBLcWFMcW1VNlN4ek1wZzQ4RW9rb3J1amNmM1NmX0draE1KOXhPWFNxVGdBNWV2anVWVGJURWc0Q3Q4Y0dEaFRWTGJaNUhBdHN1SERvYmNzcHRETHQ0MWNUZGtNNWxmLWlyZ252SFZJM19hcmhxVElOYkRxaEstcEFt?oc=5) · CUInsight
- 2019-12-03 [He founded a Miami bank in the middle of the financial crisis. Now it’s being acquired - Miami Herald](https://news.google.com/rss/articles/CBMicEFVX3lxTE0zOUdIQUx5UzBtNGFIcl9Rc3dxeFF1Q094S1lPR2twVXFYLV94Q0Y0M2tUbVZ2NG9WeGxGSDlHXzNLZUtmR1lGS1ViQVJZM2NSWlAwSWpJMkhTai10TFJzUll4Vk5GVklWa29QbVlYOXXSAXBBVV95cUxPa0pBU0czdmJmalhqYUlzOTRoc3BqVWQ2N2I3aFNyZG1OR2tULUV4NHE5RkM5aWxCd3QwUUFEYk9vNDNfTm9qLUdSSVJIelJyZXdGY0FaOW1BeTd1UmozVFcwaFl5SmQxWUlvSnNmWVNK?oc=5) · Miami Herald
- 2022-01-26 [Apollo Bank Reaches $1 Billion in Assets Following Banner Growth Year In 2021 - PROFILEmiami](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPMHVsb3MyckR1Y3NuOUhFekJybDltWFRILXRjRG1oekFsWkw4cWVWLTdycWtXb3dyMTdnMWo0OUp5SnBEZW5SNk9nSXlRODFhYWpyb0NuVXkxQXVrU1BXM3NJSXJTdTlPTUhEREp6NzNVUUh4bS15aEpER1FHQk1zOW1NXzU0Ym5LYnZoVktOc3JIVkxTT3JqOXB0Nnozcm83cnZZc0R2WkZFSXJTd0prU1hjZ0pBYUZ6eXMzUnljd3ZGUXFFLWtvdQ?oc=5) · PROFILEmiami
- 2020-04-29 [Community bank helps hundreds of small businesses access PPP loans - WPLG Local 10](https://news.google.com/rss/articles/CBMiswFBVV95cUxNUDI4YWg0REFaelotWDdfSWNMR2k5bHpFZUItalFzeXhZSHhBemdDTjlod1gwYkxkNXhrS1hOMDlaUmF1dFM1VjhnT0h1RTBiX090bWRiU1Mza0VFTUtYVWhmN3hwMUc1OGp5UE1FUF9DVUlUd1NrWXlCZWFlSzZNUHJTMkQzbFF2bXNIS3FSdEVVcFN4ald6YlFkbTNKRmZKVE42UjdsWHN4eGdlTm1jbUJwSQ?oc=5) · WPLG Local 10
- 2021-08-13 [Apollo Bank CEO Eddy Arriola Discusses South Florida's Lending Market - Commercial Observer](https://news.google.com/rss/articles/CBMijwFBVV95cUxPMklzQmVrMDBwWnlTU1BaemFXcTdqeGdFLVVfYnpRUXdMa2d3N3lua01wSTZqRjV0RWpEeVBYdE5OTHE2WlFlMGhYWS14VHk5bzFUbkdmcHYxbnNJbExUcUt0b3NYSElYS1ZnTlNfQ2tPSHpQRUNSbWlJeUo0bkpiWTNDYVVFenRzTExVRmdNOA?oc=5) · Commercial Observer

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35599 (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/15.json (key "35599", 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