# FIRST UNITED BANK&TRUST CO
DURANT, OK · FDIC certificate 4239 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $16.59B | |
| Deposits | $13.33B | |
| Loans and leases | $12.79B | |
| Total equity | $1.62B | |
| Loans / deposits | 95.04% (p82 of band) | 85.78% |
| Liquid assets / assets | 15.84% (p18 of band) | |
| Uninsured deposits / deposits | 36.50% (p45 of band) | 38.39% |
| Brokered deposits | 9.87% | |
| Wholesale funding | 19.07% (p86 of band) | |
| FHLB advances / assets | 8.22% | |
| Tier 1 leverage | 9.80% (p39 of band) | 10.17% |
| Unrealized securities loss / equity | -31.27% (p5 of band) | -7.43% |
| AOCI / equity | 0.34% (p92 of band) | |
| ROA (annualized) | 0.92% (p22 of band) | 1.24% |
| Net interest margin | 3.62% (p53 of band) | 3.57% |
| Efficiency ratio | 70.06% (p89 of band) | |
| Noncurrent loans | 1.69% (p91 of band) | 0.66% |
| Net charge-offs (annualized) | 0.04% (p34 of band) | |
| Reserve coverage of noncurrent | 59.11% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 96.15% (p99 of band) | |
| Auto loans | $67.3M (0.53% of loans; DQ 1.39%, NCO 0.00%) | |
| Loans to nondepository financials | $44.9M (3% of equity) (p33 of band) | |
| Deposits YoY | 5.6% | |
| Employees | 1886 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## 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 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 0 |  | reserve under noncurrent, capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | capital falling |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 1 | reserve under noncurrent |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 | construction >100% equity | reserve under noncurrent |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 2 | reserve under noncurrent | capital falling |
| 2017-03 | 1 |  | construction >100% equity |
| 2017-06 | 2 | construction >100% equity |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | capital falling |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | capital falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | losing money |  |
| 2019-06 | 2 |  | losing money |
| 2019-09 | 3 | capital falling |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 3 | wholesale funding >15%, securities losses >30% of equity | reserve under noncurrent, capital falling |
| 2020-09 | 2 |  | securities losses >30% of equity |
| 2020-12 | 1 |  | wholesale funding >15% |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | wholesale funding >15% |  |
| 2022-09 | 3 | capital falling |  |
| 2022-12 | 4 | brokered >10%, expense ratio p90 | capital falling |
| 2023-03 | 4 |  |  |
| 2023-06 | 5 | capital falling |  |
| 2023-09 | 5 |  |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 6 | noncurrent p90, reserve under noncurrent | capital falling |
| 2024-06 | 7 | loans exceed deposits |  |
| 2024-09 | 7 |  |  |
| 2024-12 | 4 |  | expense ratio p90, noncurrent p90, loans exceed deposits |
| 2025-03 | 4 |  |  |
| 2025-06 | 7 | loans exceed deposits, securities losses >30% of equity, noncurrent p90 |  |
| 2025-09 | 5 |  | loans exceed deposits, noncurrent p90 |
| 2025-12 | 5 |  |  |
| 2026-03 | 4 | noncurrent p90 | construction >100% equity, brokered >10% |
| 2026-06 | 4 |  |  |

## 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=4239 (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 "4239", 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