# FARMERS BANK
GREENSBORO, GA · FDIC certificate 5709 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 6 (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 | $148.3M | |
| Deposits | $132.3M | |
| Loans and leases | $96.3M | |
| Total equity | $15.2M | |
| Loans / deposits | 71.78% (p47 of band) | 73.59% |
| Liquid assets / assets | 33.74% (p53 of band) | |
| Uninsured deposits / deposits | 25.28% (p69 of band) | 19.81% |
| Brokered deposits | 23.77% | |
| Wholesale funding | 23.77% (p97 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.21% (p42 of band) | 11.76% |
| Unrealized securities loss / equity | -30.22% (p13 of band) | -6.57% |
| AOCI / equity | -0.11% (p63 of band) | |
| ROA (annualized) | 1.04% (p42 of band) | 1.17% |
| Net interest margin | 3.81% (p44 of band) | 3.93% |
| Efficiency ratio | 60.79% (p37 of band) | |
| Noncurrent loans | 0.05% (p30 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 2521.15% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 94.40% (p93 of band) | |
| Auto loans | $987,000 (1.03% of loans; DQ 0.51%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -16.1% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **securities losses >30% of equity** (`cap_secloss`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking |  |
| 2012-06 | 5 | uninsured deposits leaving |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-03 | 2 |  |  |
| 2013-06 | 4 | capital falling, AOCI drag >20% of equity |  |
| 2013-09 | 5 | wholesale funding >15% |  |
| 2013-12 | 4 | securities losses >30% of equity | capital falling, wholesale funding >15% |
| 2014-03 | 3 |  | AOCI drag >20% of equity |
| 2014-06 | 2 |  | securities losses >30% of equity |
| 2014-09 | 7 | losing money, expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-12 | 3 | charge-offs p90 | noncurrent p90, losing money, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-03 | 2 | losing money | expense ratio p90, charge-offs p90 |
| 2015-06 | 1 |  | losing money |
| 2015-09 | 2 | wholesale funding >15% |  |
| 2015-12 | 0 |  | reserve under noncurrent, wholesale funding >15% |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 1 | assets shrinking |  |
| 2016-12 | 1 | deposits shrinking | assets shrinking |
| 2017-03 | 1 | capital falling | deposits shrinking |
| 2017-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | capital falling |
| 2017-09 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-12 | 3 | losing money, deposits shrinking, assets shrinking |  |
| 2018-03 | 2 | capital falling | losing money, deposits shrinking |
| 2018-06 | 1 | expense ratio p90 | assets shrinking, capital falling |
| 2018-09 | 0 |  | expense ratio p90 |
| 2018-12 | 1 | expense ratio p90 |  |
| 2019-03 | 1 | capital falling | expense ratio p90 |
| 2019-06 | 0 |  | capital falling |
| 2019-09 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 | capital falling, NIM <2.5% | noncurrent p90, reserve under noncurrent |
| 2020-06 | 0 |  | capital falling, NIM <2.5% |
| 2020-09 | 1 | brokered >10% |  |
| 2020-12 | 0 |  | brokered >10% |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | uninsured deposits >50% |  |
| 2022-03 | 3 | capital falling, AOCI drag >20% of equity |  |
| 2022-06 | 2 | securities losses >30% of equity | uninsured deposits >50%, capital falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | uninsured deposits >50% |  |
| 2023-03 | 3 | capital falling, NIM <2.5% | AOCI drag >20% of equity, uninsured deposits >50% |
| 2023-06 | 2 |  | capital falling |
| 2023-09 | 3 | expense ratio p90 |  |
| 2023-12 | 4 | uninsured deposits >50% |  |
| 2024-03 | 4 | capital falling | expense ratio p90 |
| 2024-06 | 3 |  | capital falling |
| 2024-09 | 3 | brokered >10% | uninsured deposits >50% |
| 2024-12 | 6 | uninsured deposits >50%, wholesale funding >15%, construction >100% equity |  |
| 2025-03 | 6 | capital falling, uninsured deposits leaving | NIM <2.5%, uninsured deposits >50% |
| 2025-06 | 5 |  | capital falling |
| 2025-09 | 5 |  |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 4 |  | uninsured deposits leaving |
| 2026-06 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving | construction >100% equity |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-02-07 [FILM PRODUCTION TO STAGE “EMERGENCY” SCENE AT FARMERS BANK IN SPRINGFIELD TONIGHT - Smokey Barn News](https://news.google.com/rss/articles/CBMipgFBVV95cUxQRzBsY1BlN0ZTMGZPS0o4Znh3QndXQWhqQmFyVndqVThGbTYyamRmc3ZSR1oxVEhWZ2xHNEl4TnIwSWNadHA1Vi1XNC1KM0xFenF2Wmtwc0VGUkhhRlRteXcxaEpROFJ1ZUNNOEpsbmkxM2JIXzJZSk1sRTdvQjdIXzNyc09xRVpOaVA3RkpYMmdyWE5scnV6LUlQdjJGc2ljaFlJT1Vn?oc=5) · Smokey Barn News
- 2025-12-02 [50 years ago – December 2, 1975: Morris Bank robber pleads guilty - Courier Herald Today](https://news.google.com/rss/articles/CBMimAFBVV95cUxQTWdETFh1TUpTTjhxTUhrcElrUnRjSy1IMjVIdnR3M1B5VlRnN2NuRjUwbUE4SUEzZ3kteEdPc3N3X25MSWUzWDFscDBRbkhhMDVMd2MtUmpzcEVzcGxkdjZmQnU4Q3BaQTBlMTBfdVNBNmpzNTF3YVFlLW5FazBoNkhRejVCalZFSlhsRWFBeG5pYlRiLWVwVw?oc=5) · Courier Herald Today
- 2025-10-07 [How gov shutdown affects $531 million in Helene agriculture relief for GA farmers - Columbus Ledger-Enquirer](https://news.google.com/rss/articles/CBMiekFVX3lxTE16OU13RHFLWFV1X0FYWkNpLUhrSTB2TVBpOVRPQmctR2drbHV5UXJiWDZXNDYtRVdkWFB0TXZmOEZ1dEdkaEhMcDJlaE9ZNnp0NkIweVpaME5qTElQcTAxbXAyXzVQWm02dFZRaXpLYzlJa2Z4Wm50eGlB0gF6QVVfeXFMTlNfbkk2N285Wm9FTURtbzJuVnZ2cmdFRzBkYmpPWHVFX2dBSi1hN0xoLXBXTUlSYWgtSGhPdnZjOEoxQmZOS2RUazdVVGZ3eHlfZjNpU1kxaDVIeU9GeGk2YV9kTS1SVHU5X2hjWWtYX3J4YTJzb3FNb3c?oc=5) · Columbus Ledger-Enquirer
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2025-12-15 [Putnam Greene Financial Corporation partners Jack Henry for core processing platform - fintechfutures.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPYkpndHFJdHBhVnlYOVZNakxxaUZHVlRDOUpXZE83cUhTU3pLQ3h6TWtFX2IxSEM5Nkk0b2RIZnRLVEMxaE4zeEV3cWRnT29OMUtyb0l0U0s0LURCMnhYWGc0cFRyYlZLZG54a1hvWE56TUpOeEhwNlVseFJRYVlweDRpektIOUV2RVQ0SXFDMkJGUTctT2xuNm9NTFVfQVpoR2FpaVcwUTFEeW5URnY4?oc=5) · fintechfutures.com
- 2023-01-13 [Farmers Bank Welcomes Willis to Strongsville Branch - Business Journal Daily](https://news.google.com/rss/articles/CBMijgFBVV95cUxPSExrT1RuS2tHZ2V2QXhQTDgzWFk5UzFwWjVJU1FFdVJnSTl1Ul91eUQ1X1drYzJrSEh4TkloaUt1Szd6S1k3S242MDY1ek0wZTRJSEZ4OEE0WXdsMDVOYWxvZl9LNnRBUUd6QW9aWlNiMUVPUmozX0VSOTd3RkgxSGdETXJ6OVpBOXhsTjJ3?oc=5) · Business Journal Daily
- 2026-07-23 [Black-owned banks Optus, M&F to merge - Banking Dive](https://news.google.com/rss/articles/CBMipgFBVV95cUxOajVUay1mS0t5clBVRUtUMHF1VGh4SDlYb0JyRWNpX2ZRczJxYks1eDNZdTBnNjB3NVdjWjdESVR0UEZQRmpGMUdvblBCZUNha2t4M3Etc1ZYejFydTVaYi03N1FoMUdoVzVIZGFlWVA4TEpfYXRkSThaVDJTb1BkbmxyQ3ExTVVwTWhLNTkyMjVtUFZ2Nm5Xbm1MY1AtUFdhYkZ6M2Rn?oc=5) · Banking Dive

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5709 (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/13.json (key "5709", 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