# SANDY SPRING BANK
OLNEY, MD · FDIC certificate 4865 · asset band $10-100B · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $13.77B | |
| Deposits | $11.32B | |
| Loans and leases | $11.46B | |
| Total equity | $1.84B | |
| Loans / deposits | 100.21% (p94 of band) | 83.21% |
| Liquid assets / assets | 11.44% (p2 of band) | |
| Uninsured deposits / deposits | 37.61% (p49 of band) | 37.96% |
| Brokered deposits | 2.87% | |
| Wholesale funding | 6.30% (p46 of band) | |
| FHLB advances / assets | 2.91% | |
| Tier 1 leverage | 11.63% (p85 of band) | 10.04% |
| Unrealized securities loss / equity | -7.29% (p67 of band) | -10.95% |
| AOCI / equity | 0.55% (p33 of band) | |
| ROA (annualized) | 0.06% (p8 of band) | 1.01% |
| Net interest margin | 2.78% (p24 of band) | 3.24% |
| Efficiency ratio | 80.23% (p96 of band) | |
| Noncurrent loans | 1.00% (p76 of band) | 0.62% |
| Net charge-offs (annualized) | 0.98% (p95 of band) | |
| Reserve coverage of noncurrent | 100.22% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 82.31% (p94 of band) | |
| Auto loans | $2.5M (0.02% of loans; DQ 1.17%, NCO 0.00%) | |
| Loans to nondepository financials | $21.4M (1% of equity) (p34 of band) | |
| Deposits YoY | -0.3% | |
| Employees | 1103 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)

## 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 | 2 | wholesale funding >15% |  |
| 2012-03 | 1 |  | wholesale funding >15% |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 0 |  | reserve under noncurrent |
| 2013-12 | 1 | wholesale funding >15% |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | wholesale funding >15% |
| 2014-09 | 1 | reserve under noncurrent |  |
| 2014-12 | 2 | loans exceed deposits, wholesale funding >15% | reserve under noncurrent |
| 2015-03 | 3 | capital falling |  |
| 2015-06 | 2 |  | wholesale funding >15% |
| 2015-09 | 3 | wholesale funding >15% |  |
| 2015-12 | 2 |  | capital falling |
| 2016-03 | 2 |  |  |
| 2016-06 | 1 |  | wholesale funding >15% |
| 2016-09 | 1 |  |  |
| 2016-12 | 3 | wholesale funding >15%, construction >100% equity |  |
| 2017-03 | 6 | uninsured deposits >50%, capital falling, run vulnerability |  |
| 2017-06 | 5 |  | capital falling |
| 2017-09 | 4 |  | wholesale funding >15% |
| 2017-12 | 5 | wholesale funding >15% |  |
| 2018-03 | 3 | reserve under noncurrent | construction >100% equity, uninsured deposits >50%, run vulnerability |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | reserve under noncurrent |
| 2018-12 | 3 | reserve under noncurrent |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 1 |  | wholesale funding >15%, reserve under noncurrent |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 4 | wholesale funding >15%, capital falling, losing money |  |
| 2020-09 | 1 |  | wholesale funding >15%, capital falling, losing money |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | loans exceed deposits |
| 2021-06 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 0 |  | uninsured deposits >50%, run vulnerability |
| 2022-03 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 4 | loans exceed deposits, capital falling |  |
| 2022-12 | 2 |  | uninsured deposits >50%, run vulnerability |
| 2023-03 | 3 | wholesale funding >15%, uninsured deposits leaving | capital falling |
| 2023-06 | 3 |  |  |
| 2023-09 | 1 |  | loans exceed deposits, wholesale funding >15% |
| 2023-12 | 2 | loans exceed deposits |  |
| 2024-03 | 0 |  | uninsured deposits leaving, loans exceed deposits |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 3 | loans exceed deposits, expense ratio p90, charge-offs p90 | capital falling |

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

- 2025-10-16 [MD-based Sandy Spring Bank, Atlantic Union Bank complete merger - Maryland Daily Record](https://news.google.com/rss/articles/CBMipAFBVV95cUxQOUIxQVdISFZSVGM2cVRUSTZHNDdZRnhEUWdDZ3dPTWNTUnNSckVDRnFLQ1dwQW9TUWJJek9Ga0gzTW1wWWx0cWJyMHdaWWltY05pbUsxOHozd3QteXdvLW1HT3d2dEk4RHFlOWk1OFRfYXVuOFNNMEJUbnJPc201V0IyVURBSW0tTnBxOFFDUlN2Vmc5WWwzZE5qMFRiY3V1amlTNg?oc=5) · Maryland Daily Record
- 2025-12-10 [Atlantic Union closes five NoVa branches in wake of Sandy Spring Bank merger - Richmond BizSense](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQWXhHLWpmZU5qbFJSOTQ4R0kydFNwYzhhdGFqa25rcWVxTC1KRjhlSklUbXRrRHZfT0FSb2x2SjdyZFJYRnpFeGVfTHNlS3hIZG15cExIcUR4dkpyT1d1SGg5dWZmQndRSnkxeUlXMkc5b2pKdHRVcC05SmQxZnRoalBrWXRGQ3V6SlR0MVd2d1lTb0w5NmtsTW9xb2NIQW5qdzVOQ29XUUE4MzlScUh5dmt4ekstalZS?oc=5) · Richmond BizSense
- 2025-12-02 [Beyond the Merger: Ellen Fish Guides Atlantic Union Bank’s Expansion in Baltimore - I95 Business](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPVXNzM2MtVjd5ejhnLUtWbWlIZDFHek1aU3pJRUNfTHJGQzVPN3FIZU5CelNFQVZUWDdmUkl6SWJhRk5tdkt2ako5QzdsV2hCWVZDVy14RGdNdWx3X2prWC1xbVZBRzdTaFJjdHhwMTRyanZ6ZGFZX3dWM0N6bnhQS2dja0l1MDV5eUNBeWh4R2tCcHl6RjMyc0lKc1dYckdYRW4ya2JJWGZTaXRTN25FNzh3eHMtSmt6VXhPRHY0dENFVzQ?oc=5) · I95 Business
- 2025-10-21 [Atlantic Union Bank completes merger with Sandy Spring Bank - ATM Marketplace](https://news.google.com/rss/articles/CBMinAFBVV95cUxPWmEzMjg5ZXZSLXhzVjBTNEhFazUyMWE1eHkycDV3NnQ2MkYyMmdKQS1XWTltVWZIUVRHTm9qV21Qd25tZ0xNTXE5a3FGNFRXbllRT2dyYndGWlpyejJ1X1I5QUdBZlA3VXZSVFNDekNqWXJEa19WenpTY2QxbkFrUlJrLXhqXzBUN2RLcnRVc00yXzNXR2VBbkRkYjQ?oc=5) · ATM Marketplace
- 2025-10-18 [Atlantic Union Bank Completes Integration of Sandy Spring Bank - The MoCo Show -](https://news.google.com/rss/articles/CBMimwFBVV95cUxOZlVJZGxDQTBidWpMeGVFRlk1OFk0TzVWMTFmalpXN1cwQi1ucWRDcDZOR1otUDNmNDBCam54Z1JvZ0tQNW5vRU5teUF1R2lvbWlGNFhqalFSX1NvWDhxQmFHNmkxam9RckJ6ZWRVYlJ1WFNzLWpVc20zRTFpdFJLU2UzWjBLTE85d0FRQm9GcnN6dGVGdURvdkZoTQ?oc=5) · The MoCo Show -
- 2024-10-21 [Atlantic Union Bank to buy Sandy Spring in $1.6B deal - Banking Dive](https://news.google.com/rss/articles/CBMipgFBVV95cUxNTkpsbDE1N2JjYW9aVHg4dGhHeEVwbXVkQlRWZmlOUllTNVB2b2s2Mi1tZDhvMFEtU19xTVpiQXBSYUdnWHh2ZjRkVnRZbGxDN2FNazNyb0FTX1BJRjhZNFAteTFxTTh3eW52ZVZGMTh1V2lkWjVRcGtiQjVqcmxfUnBaWHUya0FUeVpzYy1ETFI1VXlNLUp5a29PZ3ljT3VPV0NZd3hR?oc=5) · Banking Dive
- 2024-10-21 [Atlantic Union to buy Maryland’s Sandy Spring Bank for $1.6B - Virginia Business](https://news.google.com/rss/articles/CBMikgFBVV95cUxNRXR1YkVqUGtxRG1jSjFPU184TnRDQ05EQ0k5cVpGRDhfMWtSelZ6NWJXaWxVTkIzT2NHbC05WVBMbTFabjJBQ3lpLTFmRURsMXlYbTJBdkNtUzU3WlI4V3VNbk84dS0wSU1UWnJOdWZEWWViOV9KM0xTMnJha3ByV2lTRlAtX0JPSWZ0UkNvMlp2Zw?oc=5) · Virginia Business
- 2025-10-10 [Amanda DeBoy-Lund, MS Appointed as Vice President, Senior Human Resources Business Partner at Atlantic Union Bank - hrtoday.in](https://news.google.com/rss/articles/CBMiywFBVV95cUxPVUhUZWdENWhBUExCSlBnS3JDbk5TVzdsVTVvRjVpa1U3TXNELXllLXVFZEdPcUpaRlI2dDFSbEwyZHR0U2gwMXo0R0pJWW8xSmlGZmxOTTlRVngxYXZhZGFfdEFIOFZ1eTh5ZFN0MVZSUUM0RVJMWTFaakFpTWJoMF93RUNwajlfMzBsYjZoY2wzNDhlLWNfVk1ZUXhNS3FOXzlZU0RMUnhqTWlqTUJzQk1JaWJqNDJFWDdXYjJ5YzhLN0stRmI2X284dw?oc=5) · hrtoday.in

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4865 (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/1.json (key "4865", 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