# ENERBANK USA
SALT LAKE CITY, UT · FDIC certificate 57293 · asset band $1-10B · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $3.13B | |
| Deposits | $2.72B | |
| Loans and leases | $3.02B | |
| Total equity | $372.7M | |
| Loans / deposits | 106.84% (p97 of band) | 74.28% |
| Liquid assets / assets | 4.49% (p0 of band) | |
| Uninsured deposits / deposits | 0.00% (p1 of band) | 32.26% |
| Brokered deposits | 70.59% | |
| Wholesale funding | 70.59% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.19% (p92 of band) | 9.58% |
| Unrealized securities loss / equity | -0.02% (p37 of band) | 0.34% |
| AOCI / equity | 0.00% (p90 of band) | |
| ROA (annualized) | 3.73% (p98 of band) | 1.23% |
| Net interest margin | 7.79% (p99 of band) | 3.24% |
| Efficiency ratio | 35.67% (p4 of band) | |
| Noncurrent loans | 0.20% (p30 of band) | 0.38% |
| Net charge-offs (annualized) | 0.87% (p99 of band) | |
| Reserve coverage of noncurrent | 1840.40% | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p2 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | -4.4% | |
| Employees | 482 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, liquid assets <10% |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 5 | capital falling |  |
| 2012-03 | 4 |  | capital falling |
| 2012-06 | 4 |  |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 4 |  |  |
| 2013-03 | 5 | charge-offs p90 |  |
| 2013-06 | 5 |  |  |
| 2013-09 | 5 |  |  |
| 2013-12 | 7 | capital falling, uninsured deposits leaving |  |
| 2014-03 | 7 |  |  |
| 2014-06 | 5 |  | capital falling, uninsured deposits leaving |
| 2014-09 | 5 |  |  |
| 2014-12 | 6 | capital falling |  |
| 2015-03 | 6 |  |  |
| 2015-06 | 5 |  | capital falling |
| 2015-09 | 5 |  |  |
| 2015-12 | 6 | capital falling |  |
| 2016-03 | 5 |  | capital falling |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 6 | uninsured deposits leaving |  |
| 2017-06 | 5 |  | uninsured deposits leaving |
| 2017-09 | 5 |  |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 5 |  |  |
| 2018-06 | 5 | uninsured deposits leaving | liquid assets <10% |
| 2018-09 | 6 | liquid assets <10% |  |
| 2018-12 | 7 | capital falling |  |
| 2019-03 | 7 |  |  |
| 2019-06 | 7 |  |  |
| 2019-09 | 6 |  | uninsured deposits leaving |
| 2019-12 | 5 |  | capital falling |
| 2020-03 | 5 |  |  |
| 2020-06 | 5 |  |  |
| 2020-09 | 5 |  |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 3 |  | loans exceed deposits, liquid assets <10% |
| 2021-06 | 5 | loans exceed deposits, liquid assets <10% |  |
| 2021-09 | 6 | uninsured deposits leaving |  |

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

- 2021-06-08 [Regions Bank to Acquire Home Improvement Lender EnerBank USA - Regions Bank](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOUHRfSmdaTDBPMWVha0ZqTE83eTF3RDUzU05tQ2tORnFqMlRKcS1XSkFCQW5qbk5wTll1RF9ESThRaUpKdFEyNnpiNDQ0cXFsSmo5TTVDUmRpVEJmd3p5Ukh4Y2hoQ0I5YmFhWVVyVW1veVlpcnhXR0ZQazRUdVNFZXdRQi1XVXExMWJyQkFmd1lDUGxuY0g4ZzZubDlrRlVXR3VrbmZ0dkpJZzJvOE5ab3FoTkFqUWZUWG9GTm1qcklJcUhUYXhkTlEyakJvakJrVFg1NHJFaw?oc=5) · Regions Bank
- 2021-10-01 [EX-99.1 - SEC.gov](https://news.google.com/rss/articles/CBMijAFBVV95cUxNODg5NkVPZ2UxOTJkTE9hTlFjTFN3UHBldHE3Y2ZxM2FzYW1yNTl1LW5CMXBjUWREcTVvRGdtQzBSSnhCd0FGWFdTSzBwVi1iaVRtTlhKOTQzQkYyRHpDcnlPTk9MT0ZObDlac2JCT1pHVldyS2J0TzF1RGtGbnlEM2laTWJoZGNMLTBkZQ?oc=5) · SEC.gov
- 2021-06-08 [Regions to acquire Utah-based home improvement lender - Business Alabama Magazine](https://news.google.com/rss/articles/CBMiigFBVV95cUxNTVVmZHJmaVMtUnJjc2NlYlBJbXNTelRzTllXNXY5dWpRTFVlMW1wOHZHUHd3TmgtaVoxNFo1WG1vcDRJZTZ5clB3bWpFZVdONzNEOWNMU0lMeXJXalRFLWkya05WNHNBcW9NTlFSQ2VuTVBmVmZ5d21DRmRXal9KQTQ0OTA3WTdtNUE?oc=5) · Business Alabama Magazine
- 2021-06-08 [Regions Bank places $1B bet on home renovation market - HousingWire](https://news.google.com/rss/articles/CBMilAFBVV95cUxOcTVVRzhpcmdxaGFMdXJxcHk2SlJIeV8zbTZIVE4tOUFTOU9DRW15XzRwM3h0T3RoNThxdkV6YVdfU1hET1RjVGpHTGx4RU94WkRLREZFRllLTTFrM0tjdGdwQmNXUE5IeE1pR2d0QVI0VGFjeWZ3NDhlV25EbnRNRXhmbmNtX2RyODlWangzVDk0dXhu?oc=5) · HousingWire
- 2021-06-08 [Regions Bank set to acquire EnerBank USA in $960M deal - Bham Now](https://news.google.com/rss/articles/CBMijgFBVV95cUxPTDFLanJXcWRxUmNDRFR4a0pxRkQ2Ulg3SDE3eXZTdVpmN3pRVGlfNEV0WkhzRWppMUZFei1kV09NUWliTWhlWVVzTUFjeXcwdGVKQ1ZodHVhejBkLUpjTHljbVZ6akpFX1otdFlrbjFXV3I3SWpocWxwTjV0X1cxMUxheUdaVEktVlJjSXNR?oc=5) · Bham Now
- 2024-11-22 [Regions names first-ever exec for this growing market - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNVXVQUS1YbFc1TzI1bHdpd0x0S2FMRXlHMHlWQzNWaF8wRm5MSkc0M0d3eHdVXzhqNU03bzk2bEZ3T0p1WEFZcHpvVGxhbE1DRGp3NXVBZ0djWUFuSklpQnZPQklSUDJKeDFIVDhmTXdTWTJxOWlTTGVydFhkTVplVlY1Q3Y5eEgtMHUxbEtfX1VBY21NT2wzb3M1c0I3MVpXTnMweUg3UWx3dw?oc=5) · The Business Journals
- 2026-02-05 [Medallion Bank Names Cannon as SVP Sales & Marketing - RVBusiness](https://news.google.com/rss/articles/CBMif0FVX3lxTFBIYVl0Ti1ZNlVPSHRyZXJEaHQyZnJKeWNWSmphQ1VDTGRQOHBCdElLczRmSDRSZ1NLV0VXREJIWDFRMm1hZWhxQW1rcFlRcGQ3eXV5SHl0Tm9jczhIVGtxTVp2clUyVEtuSFR6dVpFVm9oTjZwWG5XNjh6V1h4UmM?oc=5) · RVBusiness

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57293 (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 "57293", 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