# BEACH BANK
FORT WALTON BEAC, FL · FDIC certificate 57131 · asset band $300M-1B · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 0 (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 | $619.2M | |
| Deposits | $486.3M | |
| Loans and leases | $485.5M | |
| Total equity | $83.1M | |
| Loans / deposits | 98.70% (p93 of band) | 70.32% |
| Liquid assets / assets | 10.30% (p3 of band) | |
| Uninsured deposits / deposits | 34.72% (p73 of band) | 27.51% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.28% (p76 of band) | |
| FHLB advances / assets | 5.65% | |
| Tier 1 leverage | 9.90% (p51 of band) | 9.86% |
| Unrealized securities loss / equity | -0.51% (p95 of band) | -19.94% |
| AOCI / equity | -0.55% (p91 of band) | |
| ROA (annualized) | 0.67% (p22 of band) | 1.00% |
| Net interest margin | 3.31% (p56 of band) | 3.20% |
| Efficiency ratio | 78.53% (p85 of band) | |
| Noncurrent loans | 0.04% (p20 of band) | 0.26% |
| Net charge-offs (annualized) | -0.02% (p16 of band) | |
| Reserve coverage of noncurrent | 3214.04% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 65.98% (p63 of band) | |
| Auto loans | $362,000 (0.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.1% | |
| Employees | 103 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | leverage <7%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  |  |
| 2011-09 | 7 |  |  |
| 2011-12 | 7 |  |  |
| 2012-03 | 7 |  |  |
| 2012-06 | 6 |  | losing money |
| 2012-09 | 7 | losing money |  |
| 2012-12 | 8 | capital falling |  |
| 2013-03 | 7 |  | NIM <2.5% |
| 2013-06 | 9 | leverage <5% |  |
| 2013-09 | 9 |  |  |
| 2013-12 | 9 | deposits shrinking | capital falling |
| 2014-03 | 9 | charge-offs p90 | deposits shrinking |
| 2014-06 | 8 |  | charge-offs p90 |
| 2014-09 | 10 | capital falling, charge-offs p90 |  |
| 2014-12 | 10 |  |  |
| 2015-03 | 10 | NIM <2.5% | charge-offs p90 |
| 2015-06 | 11 | charge-offs p90 |  |
| 2015-09 | 12 | liquid assets <10%, deposits shrinking | capital falling |
| 2015-12 | 11 |  | liquid assets <10% |
| 2016-03 | 9 | capital falling | NIM <2.5%, charge-offs p90, deposits shrinking |
| 2016-06 | 9 |  |  |
| 2016-09 | 9 |  |  |
| 2016-12 | 9 |  |  |
| 2017-03 | 12 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2017-06 | 12 |  |  |
| 2017-09 | 11 |  | charge-offs p90 |
| 2017-12 | 10 |  | assets shrinking |
| 2018-03 | 12 | liquid assets <10%, assets shrinking |  |
| 2018-06 | 11 |  | liquid assets <10% |
| 2018-09 | 7 | charge-offs p90 | leverage <7%, expense ratio p90, leverage <5%, capital falling |
| 2018-12 | 6 |  | assets shrinking |
| 2019-03 | 5 | expense ratio p90 | losing money, charge-offs p90 |
| 2019-06 | 3 |  | construction >100% equity, deposits shrinking |
| 2019-09 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | losing money |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 4 | loans exceed deposits, capital falling |  |
| 2020-12 | 2 |  | loans exceed deposits, capital falling |
| 2021-03 | 1 |  | losing money |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | expense ratio p90 |
| 2022-06 | 0 |  |  |

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

- 2026-06-12 [Man accused of robbing Boynton Beach bank, stealing vehicle same day; bond set at $235,000 - WPEC](https://news.google.com/rss/articles/CBMizAJBVV95cUxQWkhtSlBfbmFaYVRyLUZPRnBzdjZ2Qk43U3RENWQ1d2ZKTWtJNUc2eHhtNmg1ZE9MMDhJZ2hFMzc4aFBpTlpDVDVqTWZ2Y1h4Y0ZUOVl2MnZCalp6NzlQeVRYcEpRTGhpbEdIR1AzYWhuNHhtUWNyajJjSS1pNXhMUExZN3laZ0h6T1d4RUxCeGE2Y3VtSGpfQTV4T1hsU3lESFkxUk5fVUhIcTZHRE51WktEMDA1UmpTNVctazlaVUs3Z2JLZ0JuUlhUc05RVDFqV3FmY1ZTX1pVQ3A1cTFyVGQ5OEIyZ1F6dXUtRzN1MmVTZXJuZWVseWVvS3pZQ29UUWdHalRDSGpYTTA2NGp0QTlKNU1XOVlwemhJbXJ2akpzSkNzVGQwWm5weHpUV1hFVmtDcmxoSWYyNmd5RmhmWmdGRmhEMTFkdE1iTA?oc=5) · WPEC
- 2026-06-13 [Stolen getaway van leads police to Boynton Beach bank robber - WPBF](https://news.google.com/rss/articles/CBMigwFBVV95cUxNUG42dXJWZDV4VDhNSjI3U05UM3QyMTRsbDhDdmtCUEVVeGx5VXp0LXRlN2dydU5hZ3hXc2RBdDljN1o1V0VnNXVkd1d6R2RFOXZwekZGRDN5dWhiQld4Z1dxeGhfTjBqRHhiUlFySHBrZkdEWi1XTkdEazVINWhxVUF0SQ?oc=5) · WPBF
- 2026-06-12 [Boynton Beach Bank Robbery Arrest Linked To Stolen Van, Police Say - Boca Post](https://news.google.com/rss/articles/CBMijgFBVV95cUxNeGRaRzVydVYxTk5fY2VhRndWSTY4bDc4NVo3Zk5oU25zclJJS1h5TXBOY3NuVlppQURzLWd2alF6SGZBZmRqSjcxOHhQNHgxUDFiY1JITGVZeWg2QkM5SXhuWUxBMHdlam9pZHkxZ2Z6ZXRfUmRuZXhCMy1nQ2ppZXBYSzdQQnNmdGM1TnR3?oc=5) · Boca Post
- 2026-04-11 [Florida man charged with robbing bank in Jensen Beach - Treasure Coast News](https://news.google.com/rss/articles/CBMihgJBVV95cUxPNjlwSk9DVHdOQURpdVhpVlhOcS03aTh2UnZaWnJRbTJGdXJHeVRzNDhITlBaVElwSTZYT3ZDZ0lya0w1eHlLVV8xaUN6SXd5WXY0ZnVHSzdmcWdId0JTRHVLTWY3a1F5Q1VGbWNtcUVtbS1GRHhaMFRFam05SmU2WW1nVERMMkV6WGFraW4yQjlrcDlDN3NfZGFqR052c1pSSDVqcC1SREktMDBfWTduQVNlX08xRVE4YXljemdmcE1LbDdRZW1NbldqLWNaZy1hUnFtVjNhWVRpSzcxR09JWVRNVHA4S1dPT3dLX0dLOFloS2ZLUVBhVW1Id3dPMkhpM0VtTHdn?oc=5) · Treasure Coast News
- 2022-04-28 [Beach Bank to be acquired in $116.7M all-stock valued deal - St Pete Catalyst](https://news.google.com/rss/articles/CBMijgFBVV95cUxQVkZaeThUc3RIU0pucjZ4Q1RxLWlsa0ZvaUdpbV9Lb21IbERjV3NSYzhuTFV4eUE4ZnAwOUNxSkM1UXF0TEQ3Y0hWcU1nVi1ScUZnSVhsdG5LOE9TaDExVVI2MUZ4NEl0VEJoNEp1MzhDZUhpeC10a1ZYZjZYd01NN2Q5VThiRHlPZTJSNkt3?oc=5) · St Pete Catalyst
- 2026-04-15 [Court documents detail how Jensen Beach bank robbery suspect took more than $22K - WPBF](https://news.google.com/rss/articles/CBMiswFBVV95cUxPT05uSUtQY1MyamtQbHhWcjNXR3ZqY2hrZGhzT0V5aGZ1TTdrMUJnckpUc1pUMzAwclpub3luU1VSVFMxVmhwd3BUb0E4S2pFV19oelFMN2VkdHBoWDA3Y3Nab3pGRE9JSElYV3djZVNVYmQ0NFl0RVJRUW1xek5NOVRuMEpZZmNhUzh6V2hETEU3dFVrZFRlWlo1S2NwSVpMTHUzRnVnY3JyRkZfQmlSU1dQWQ?oc=5) · WPBF
- 2025-11-10 [Miami Beach bank branch could be redeveloped into housing - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPU05JSkVqWnRmeE8xTkJrX0ZxcHZwclhuSmVUcEZkZnA3a29nY18yVmNBQlRJSnBOTm5UNUd2MjJtRkZQSVRtX0ZjYWRuS0hFVzVFeVpQRFE0ZEEyVmNxTy1pbjIwMEswRVhidndjN0hFUEpJNmFUaXkwTXlTSnRfdGo1dW9DNGhZWTE3QW8zMmpMeUxvTDU3Tnd1REF0QzRRdWNIZnB1azh5NHB6QWc?oc=5) · The Business Journals
- 2026-06-17 [Man arrested in Palm Beach stole PBSO van, robbed bank, police say - The Palm Beach Post](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQbFNmOVpZblNEbVpMajNmODNzRVp6RnVZTF9scTdjSmNlVFU1TlV6MzlRdkhJQmFLa0xndjR3NXJDZkFDZmxFYjAySFBqN2MwUnp0S1hic1VyWTA4MHFsYXVXOThncjhoT1NrVUtVT0dzMW4taVFXTTRVcjR1WktaN1c3b1c0V0JobTZESC1pR1cyUVJ1OG85NGhYdU5wTkFKQk93alZHQjN0dFJPSXIyODVFdEgxemdEWjhkLXVWUG5OVnFyQnVqNTlXZURFZkJVSldF?oc=5) · The Palm Beach Post

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57131 (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/43.json (key "57131", 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