# DART BANK
MASON, MI · FDIC certificate 5033 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 5 (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 | $1.47B | |
| Deposits | $1.27B | |
| Loans and leases | $1.17B | |
| Total equity | $118.8M | |
| Loans / deposits | 91.00% (p63 of band) | 87.10% |
| Liquid assets / assets | 14.63% (p21 of band) | |
| Uninsured deposits / deposits | 40.54% (p75 of band) | 30.76% |
| Brokered deposits | 20.82% | |
| Wholesale funding | 25.44% (p93 of band) | |
| FHLB advances / assets | 4.62% | |
| Tier 1 leverage | 8.65% (p7 of band) | 10.50% |
| Unrealized securities loss / equity | -2.02% (p81 of band) | -7.75% |
| AOCI / equity | 0.04% (p81 of band) | |
| ROA (annualized) | 0.97% (p28 of band) | 1.26% |
| Net interest margin | 4.21% (p78 of band) | 3.70% |
| Efficiency ratio | 83.72% (p96 of band) | |
| Noncurrent loans | 1.75% (p89 of band) | 0.51% |
| Net charge-offs (annualized) | 0.05% (p64 of band) | |
| Reserve coverage of noncurrent | 54.45% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 115.63% (p93 of band) | |
| Auto loans | $1.0M (0.09% of loans; DQ 0.29%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 10.2% | |
| Employees | 411 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | charge-offs p90 |  |
| 2012-09 | 3 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 2 |  | charge-offs p90 |
| 2013-06 | 1 |  | reserve under noncurrent |
| 2013-09 | 0 |  | uninsured deposits leaving |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | charge-offs p90 |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 0 |  | charge-offs p90, capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | capital falling |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 | expense ratio p90 | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | wholesale funding >15% |  |
| 2016-12 | 2 | capital falling | expense ratio p90 |
| 2017-03 | 3 | expense ratio p90 |  |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 1 |  | wholesale funding >15% |
| 2017-12 | 2 | construction >100% equity |  |
| 2018-03 | 4 | loans exceed deposits, wholesale funding >15% |  |
| 2018-06 | 5 | capital falling |  |
| 2018-09 | 4 |  | capital falling |
| 2018-12 | 3 |  | construction >100% equity |
| 2019-03 | 2 | capital falling | loans exceed deposits, wholesale funding >15% |
| 2019-06 | 0 |  | expense ratio p90, capital falling |
| 2019-09 | 1 | reserve under noncurrent |  |
| 2019-12 | 1 | charge-offs p90 | reserve under noncurrent |
| 2020-03 | 2 | wholesale funding >15%, reserve under noncurrent | charge-offs p90 |
| 2020-06 | 1 | capital falling | wholesale funding >15%, reserve under noncurrent |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 2 | loans exceed deposits, charge-offs p90 |  |
| 2021-03 | 0 |  | loans exceed deposits, charge-offs p90 |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 3 | uninsured deposits >50%, run vulnerability, construction >100% equity |  |
| 2022-06 | 3 | brokered >10%, wholesale funding >15% | uninsured deposits >50%, run vulnerability |
| 2022-09 | 6 | loans exceed deposits, liquid assets <10%, capital falling |  |
| 2022-12 | 5 | uninsured deposits leaving | loans exceed deposits, liquid assets <10% |
| 2023-03 | 6 | loans exceed deposits |  |
| 2023-06 | 5 | liquid assets <10% | capital falling, uninsured deposits leaving |
| 2023-09 | 4 |  | loans exceed deposits |
| 2023-12 | 7 | uninsured deposits >50%, run vulnerability, expense ratio p90 |  |
| 2024-03 | 7 | capital falling | expense ratio p90 |
| 2024-06 | 3 |  | liquid assets <10%, uninsured deposits >50%, run vulnerability, capital falling |
| 2024-09 | 6 | uninsured deposits >50%, run vulnerability, expense ratio p90 |  |
| 2024-12 | 5 | liquid assets <10% | uninsured deposits >50%, run vulnerability |
| 2025-03 | 6 | capital falling |  |
| 2025-06 | 7 | loans exceed deposits, reserve under noncurrent | capital falling |
| 2025-09 | 8 | uninsured deposits >50%, run vulnerability | loans exceed deposits |
| 2025-12 | 5 |  | liquid assets <10%, uninsured deposits >50%, run vulnerability |
| 2026-03 | 7 | loans exceed deposits, deposits shrinking |  |
| 2026-06 | 5 |  | loans exceed deposits, deposits shrinking |

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

- 2025-10-31 [Dart Bank introduces ‘Copper That Counts’ to recycle pennies - WILX](https://news.google.com/rss/articles/CBMikgFBVV95cUxQdUoyRndPY3kyeHlKNUZubEp1bUtacXZ3SHphc0oxdHFKZ2FncXpOYXBLT1kzTjdXaGlJb1lHQklyRUJWbXpuQ0xaOFRoVzV0bWRsMHpNbm5teHZPTXBYaEhydXA3Vm53TVpjek5wcDBLbkFtUWFOVHdLTmhHTGVPUXY0a2VWLU9RR2R0WHY5SG1zd9IBpgFBVV95cUxPaW5Pdlh3aDN2dkcyS3pvektzbWE4VWtGei1makpsVVpKcVN1ZUI1NjJxT1FtbnN6aGlfWlNwbmRhd3R2WHMzWlVRb0JJbDV6VEw4UkFrTTgtOV9DRklSdGUtYTRWYkdYY3JKQ1BhVGFzZlFodHZsbFU1T2ZNUk9MTlBvc1NweVE0N2gtd2IwLTBXc085M1NzUmhHY2FRXzlfZDVPM0Vn?oc=5) · WILX
- 2025-12-20 [What Trump’s marijuana rescheduling means for Michigan - Bridge Michigan](https://news.google.com/rss/articles/CBMilAFBVV95cUxPYW5pRjhsLS1XdU8zSk9kZUZpX2Z2RWdNdTNyUVVQTk4xLWYwdzJ2ckJvVU5BNGJyQzd3a2xhQ2lsZ0xPX0o0NWgtZXN3RjVJZmVyUTNmZTdQXzFtX2VEeFVUbE0wZU83V2dJSk5oTHc4aEF2UDQwWlBLSlRDVWZtRGxzemZvaS1wb2Z6Qzd6amJyNy02?oc=5) · Bridge Michigan
- 2026-06-06 [Community service is what we do - Lansing City Pulse](https://news.google.com/rss/articles/CBMibkFVX3lxTE5BVGRBTk9PLTU2RmZPc09xQ3Jyc2hTOFJ0b2wyVTYyaGhOY0FVQWdkbHU0NWhvWlJrcVJpbjV5Y1Nidk5LV3J2U25DX1FnY1gyLUgtRzVfdUJiQTdkWU9RWjV5V3h5RG4wQ3hHb0hB?oc=5) · Lansing City Pulse
- 2023-09-26 [Cannabis-friendly banks face pressure to differentiate - Banking Dive](https://news.google.com/rss/articles/CBMilwFBVV95cUxOczJya2djOVgyQllvVEN0ZnlGM1l1WDltTHRuVllxeTlrOXhWMVhzZDJkRG43MVRhaTRidDV4Y2ZPajlIYmlzZDhZMTJUblJPbHpBdlBPd1I4Z3pjTEhBQWZNV3hrRmdhXzVLXzlBOUM3M3RaVURxeXVfRTlicTh0NEZWNGlvZWh3RlNGNEVPSHFXWEFOSlRF?oc=5) · Banking Dive
- 2015-04-27 [Dart Bank celebrating 90 years in business - Lansing State Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxQbGhBQlVaMWduMnlPdmhxdzhPZW42d3V3ZUJSVEg5VXFsQk10V0dLVEdDc290NFc3NWdiVmUzZHFwTi1kdm8wd2JtRnAzZ0ZqYndJaFpjYlhYWkFVUlJnNlUzYm5KUDVMU0huSERYRHdmNzZRd2JvSFRmSkV0RVFLc2xzclAwU1c3X3BsUmc0MEFMYzJ1dHlRR2dRcw?oc=5) · Lansing State Journal
- 2025-01-15 [Some U.S. Banks Warm Up to Crypto Firms - The Information](https://news.google.com/rss/articles/CBMihAFBVV95cUxQUUxzVzh4NUpBa05NMmw3RFREb0NuamtpSC15MXV2VkwxYThlN0lTQ1g4d05iSWh5bDQ2bnA5UmZmVGRNcGk0TWZVeFA2RDUtaVRneGx0ZEpjZndUQkJaZkQ3NXZmQnB5dXVhOTdOMFBSRk02NVRQNGNaSTlZeVE1dDZFbWM?oc=5) · The Information
- 2025-11-14 [Top Mortgage Lenders in Michigan - The Truth About Mortgage](https://news.google.com/rss/articles/CBMie0FVX3lxTE1kWFc4WmphYkJoY2VIcXVKTkZDTnVic1dGazhldlFWdHkwakRHcS1VWGltdXhnSXVpdkJ5eHVwcTc5enM5Mno3UVRzdHdZY0NHcFU5bHYxa3FKcHppOVNraEMwX0htZlRIVy1PMnd5QnFGcFNnZFRmajdmSQ?oc=5) · The Truth About Mortgage
- 2016-05-05 [Rollin Dart Obituary - Mason, MI - Dignity Memorial](https://news.google.com/rss/articles/CBMie0FVX3lxTE5sdDhRTjNnakNsX0lwLUhoZjdNNXNueW05SmxJTXlkUWF1ZU94V3VwNnk1SUlYUTVrZGE1NndRNk1kZjZwYk41U3Q0aTg4LUtsalNXc0cybld5ek8tOFRrcExSQmNBWElXUzF0V2c4UmZDbjh4aTZYVXpRYw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5033 (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/41.json (key "5033", 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