# BANK OF VERNON
VERNON, AL · FDIC certificate 51 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $445.4M | |
| Deposits | $373.6M | |
| Loans and leases | $332.7M | |
| Total equity | $70.1M | |
| Loans / deposits | 87.76% (p65 of band) | 82.04% |
| Liquid assets / assets | 22.80% (p43 of band) | |
| Uninsured deposits / deposits | 18.17% (p22 of band) | 25.97% |
| Brokered deposits | 2.42% | |
| Wholesale funding | 2.42% (p44 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.60% (p94 of band) | 10.81% |
| Unrealized securities loss / equity | -5.18% (p62 of band) | -8.10% |
| AOCI / equity | -0.38% (p48 of band) | |
| ROA (annualized) | 1.27% (p49 of band) | 1.28% |
| Net interest margin | 4.79% (p89 of band) | 3.91% |
| Efficiency ratio | 48.11% (p14 of band) | |
| Noncurrent loans | 0.47% (p53 of band) | 0.43% |
| Net charge-offs (annualized) | 0.07% (p81 of band) | |
| Reserve coverage of noncurrent | 309.09% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 20.13% (p25 of band) | |
| Auto loans | $5.1M (1.54% of loans; DQ 1.07%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 15.6% | |
| Employees | 63 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 |  | expense ratio p90 |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money |
| 2012-06 | 5 |  | charge-offs p90 |
| 2012-09 | 4 |  | uninsured deposits leaving |
| 2012-12 | 4 | uninsured deposits leaving | assets shrinking |
| 2013-03 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2013-06 | 3 | charge-offs p90 |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 | deposits shrinking | noncurrent p90 |
| 2014-06 | 4 | noncurrent p90 |  |
| 2014-09 | 2 |  | deposits shrinking, noncurrent p90 |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | reserve under noncurrent |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | charge-offs p90 |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | charge-offs p90 |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | reserve under noncurrent |  |
| 2017-12 | 2 | capital falling | reserve under noncurrent |
| 2018-03 | 0 |  | charge-offs p90, capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | charge-offs p90 |  |
| 2020-09 | 1 |  | charge-offs p90 |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | charge-offs p90 |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 0 |  | capital falling, charge-offs p90 |
| 2021-12 | 1 | charge-offs p90 |  |
| 2022-03 | 0 |  | charge-offs p90 |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | charge-offs p90 |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 0 |  | charge-offs p90 |
| 2023-06 | 1 | capital falling |  |
| 2023-09 | 1 | charge-offs p90 | capital falling |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 | capital falling | charge-offs p90 |
| 2024-06 | 2 | charge-offs p90 |  |
| 2024-09 | 1 |  | charge-offs p90 |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 | charge-offs p90 | capital falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | charge-offs p90 |
| 2025-12 | 2 | capital falling, charge-offs p90 |  |
| 2026-03 | 1 |  | charge-offs p90 |
| 2026-06 | 1 |  |  |

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

- 2021-12-17 [Avadian Credit Union acquiring Citizens State Bank of Vernon - businessalabama.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxOQkM4cWxNV0tWWTdjZVZnUVZlN3d3cG1YNVJhS2lfaWJuNVBrY2pUNjVhaGw2OUppLUhhS2VuWlR1QmU0bVROVXNkdk1XZC1kVm9ZTUduODhMS3JzVnUyYWhVUlZBUXdMRzBVQ2FuQUpIbWlWZ0ZtTkw5S0hUajNDVlZxZVVIM3k0bmItVUZ5MmVFeEk?oc=5) · businessalabama.com
- 2025-04-25 [Spring brings new over-the-mountain bank branches - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxNX1hYZmRheGZpMVdoQnJTaEhJb2RfMEt0TXpnRE9PV1I1b2FtT2ZhU0ZyV3hBY2tUN3VKTjlGeno3TDhuLXdIRFdnaUgwX3ExeDhhNkZJNFpPZGEyV3diWGNoUWNibHU2UHl4R0hhR1FGUmFnazRDRTRHY2lHQ1dXV3lPamd2YmdaUDRuLWRtNmo5aUlPc3NkZ1pzcHJUNExhN3c?oc=5) · The Business Journals
- 2021-12-17 [Avadian Credit Union Purchases Bank - cutoday.info](https://news.google.com/rss/articles/CBMifEFVX3lxTE1rdTN6d0E0TGhvME9VbDJ2SElSUzIwdnMyWnNCeWhMT2J5T2NqSW5NRF9nR3RiTm9ZYkstRWFrX2tUX1ViMXl6blByWVBSQnBzZlFjYjJUdzVQWWVHSVBaaTl3VzRhSVhXY0lyRzB1d1JYYjk1SDMyQ3NJdVM?oc=5) · cutoday.info
- 2022-08-04 [Avadian Credit Union completes Citizens State Bank acquisition - businessalabama.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPdm9CNVAwSEdBZ2lvNGpEbUpiNzdCZzV5QTkwQkxuZ3hjdzg2S1YwWkVpU0c2VHM0Q2hyLUw0Q3dGbXlRSnUtWDhxdVhpYW5QZFFGaVZfYkZDZ1NGT0dwdGctSTBfeFpIeGx3ZlVRS2VDd0IwZ2tIMnJORG40dE1sRXM5YlYyWkNuckZOaHNrMjV3VmlBVXc?oc=5) · businessalabama.com
- 2021-10-05 [Marianna McCoy Obituary (2021) - Sulligent, AL - AL.com (Huntsville) - AL.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQSDR2MlprWEVTVkJkZFhQVnZBR3hSbV9pMkc4ZDk0WWpTbHFmUTBjcE43MDJLRWR4eVQ2Zk9FSHhoYzhsdFkzYWk3LWFHZ3VlbW5jOE1NZ2Rla0NXS2ZpNnJwaVdQbS1hdko1QURKMVZndkZnclptUDBkM2JBTXVKSnkwNzFKT1hyMU5TV1M2Zw?oc=5) · AL.com
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - Android Police](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · Android Police
- 2023-06-02 [Alabama credit union buys Dothan-based bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOeXQycVhHTGVuaERVY0tobkdxQWI3dkdBblgyRC1aVHpYU1BzRjQ2YlF2MXRXVnAtb29qY0RaWjJrQVVILTFzdU9SNUlocmxFQVJfUTBmM0dUOERJaXJmUlQ3SU5FSDJRek40bE8tbDFlOVY4US1OblYtUDdENnBKZEFZTFZGWVhlLXdzZ2VqZEhFWC12dkhvbXF1Yk91czNocld5bUlnRnZlZw?oc=5) · The Business Journals
- 2016-11-07 [Matter of Record (Nov. 8, 2016) - Times Record News](https://news.google.com/rss/articles/CBMisAFBVV95cUxNdTdSWWJINTE1VXYxaUlxV1REbUlJYUhEazNrRzVzQmdRZmpYckoxVHQ3alJiVGpJSWh2V2pxR1hNdEdqUElicW16eV9qVjhzZExyNlRSZnN2YzJDWk5RSHNPR2pyS1RULW5mcHAyVkVPTVZyOVJpMWdOdy1vRDlTajZ0cWk0S0xwU2FSTWtqel9IQi1JSnhEcVhLRGxlclZVX1pYdW12MU9USU9hYWlRVQ?oc=5) · Times Record News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=51 (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/51.json (key "51", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide