# ATLANTIC SOUTHERN BANK
MACON, GA · FDIC certificate 57213 · asset band $300M-1B · latest filing 2011-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 12 (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 | $741.9M | |
| Deposits | $707.6M | |
| Loans and leases | $544.1M | |
| Total equity | $9.6M | |
| Loans / deposits | 74.45% (p40 of band) | 78.23% |
| Liquid assets / assets | 11.86% (p6 of band) | |
| Uninsured deposits / deposits | 1.71% (p5 of band) | 11.67% |
| Brokered deposits | 15.09% | |
| Wholesale funding | 17.65% (p82 of band) | |
| FHLB advances / assets | 2.56% | |
| Tier 1 leverage | 0.99% (p1 of band) | 9.23% |
| Unrealized securities loss / equity | -0.70% (p23 of band) | 0.92% |
| AOCI / equity | 1.54% (p92 of band) | |
| ROA (annualized) | -1.33% (p5 of band) | 0.63% |
| Net interest margin | 2.21% (p3 of band) | 3.68% |
| Efficiency ratio | 170.32% (p99 of band) | |
| Noncurrent loans | 20.14% (p99 of band) | 2.23% |
| Net charge-offs (annualized) | 2.79% (p97 of band) | |
| Reserve coverage of noncurrent | 15.73% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 1779.68% (p100 of band) | |
| Auto loans | $3.2M (0.59% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | – | |
| Employees | 145 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 12 | brokered >10%, wholesale funding >15%, leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, charge-offs p90, reserve under noncurrent, 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
- 2010-12-08 [Atlantic Southern loses president - macon.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTFAwRnJGS0FfTXBiSE00R3d2cFpWS2RiQ2ZtUjNBQ3hYdktqRGhQRXNEMURHOVoxaXB0cWxnTjNtUUdyOHF6UTVvMnZ5ZUotMDVyOWpfRzM3NldNMmfSAVtBVV95cUxNTjNIdWNZWjZ3cjV2VEFTVTBZbU1SYjI2bWZ2RTNtQnpYdDVOQi14dEJRa0tQN0Q1NndZMnpaY1psUExjWC01N1p6SkVCTW11azBicm4xX0NpemtV?oc=5) · macon.com
- 2011-05-27 [Savannah's newest bank, CertusBank, sprang from unusual beginnings - Savannah Morning News](https://news.google.com/rss/articles/CBMivgFBVV95cUxQeWpGT1NHMDR0OVZTSm5oWm9XSFd1WVl0SmNJMkxjWWFySGFQck9GaVpDS1VDRndtTGozSDVEZmp5dlJZM1dha0lLNW5wdWMzcVh2VlFkcUFWallpdUJOUFczREV4YVRHNndiWWx1a1BHTVF3dFd2UGhSNU9KTTdkdVpQZFpfNUpQcDlQNS1CWVMyZGlKbFREMHdHTGl2Mk5YQkpBVTRURjlGckhpcW1BLXMxT1Y1TU5nV1pFYlV3?oc=5) · Savannah Morning News
- 2024-06-02 [Robert Michael Wilbanks Obituary Aug 9, 2010 - McCullough Funeral Home](https://news.google.com/rss/articles/CBMicEFVX3lxTFBwcVotVms2RlRmRENnQkRVUXBhYTlINjZPSUxkNGNwdExzenNQdGNlbG10TS1RdkpESVBtVlJlUFZYRnJMVVgteXNiTTUxbmdpXzJZLXB5ZDNOTGZVeW56Vm9BTkREU3UteFlFTXN5U28?oc=5) · McCullough Funeral Home
- 2012-06-12 [Loomis to head Colony Bankcorp - Moultrie Observer](https://news.google.com/rss/articles/CBMie0FVX3lxTE5lM25vMTVlUEY4MXBaZkEyT01KS2h2UHJ5blIwTGhQUnY3Z2NtRVNXeGtqZjBNUnRDcHdyaHo1QUVvS2k3OE1fN0dzQnhPdzBHSDV5TFhqc28wRG0zUUEwTmhvY1FpMmlyQ2ZWY1FtQUU3cm00NWVvVjB6Yw?oc=5) · Moultrie Observer
- 2021-10-08 [Amy Faile Obituary (2008) - Macon, Ga, GA - The Telegraph - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPMmh2ZXJvTXVIcW94UUttSnUyX1RERzFfcHQ0aXh6U0lKZmZNTGRZNGxVR3lrUXY2cDVrMkFkWkw1SXdhWFpha1hKWFNEM0ZzcjJSZ0JmSldRcWtGNFZ2OWhMSG9fQ0ZSc0pIM01PNFFKd2VmNTdMcm5SUEZab2dtQ0UxWmo?oc=5) · legacy.com
- 2014-03-21 [Atlanta's top 100 leaders in finance - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQbHhENzV6YjVqQ01UNktVRTVUTDlzcE5zUlFUeVNET2RBTV80QjVnLTRHamFVTkgzakxnQmVvTURuUFQ0c2tKa0QyMzdOUTlrX3NEdE1SLUtSZmM4UzA3MTBnV3U4RFA3NHBSeTBNelhnSEJmTnFBZmpsS05TMWNyRml0YUFRMmVHczlGNkI4VVVsMjRPNVZQZ2VHNUZNMzkxbFdxcw?oc=5) · The Business Journals
- 2018-03-16 [Lori Reitnauer Obituary - Macon, GA - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE85Y3FnX0xUbjQ4M2dCcXAyUGM2S3FGOF9tQkhxdVM3TFlZeVFmSlNUQzIydGRHSUFMWmo2M0RHZmJ3TkdNSmxvSW1talJwMFBQYU9lSVBEZzFRajdyXzVhMm0ySXJHUlQySXJ5NVpOb3laZkNhOHhEY0JwbkYyWjA?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57213 (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/61.json (key "57213", 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