# MEDALLION BANK
SALT LAKE CITY, UT · FDIC certificate 57449 · asset band $1-10B · latest filing 2026-06 · live

**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 | $2.83B | |
| Deposits | $2.30B | |
| Loans and leases | $2.67B | |
| Total equity | $450.0M | |
| Loans / deposits | 111.11% (p96 of band) | 87.10% |
| Liquid assets / assets | 7.07% (p2 of band) | |
| Uninsured deposits / deposits | 0.24% (p0 of band) | 30.76% |
| Brokered deposits | 78.84% | |
| Wholesale funding | 80.60% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.92% (p96 of band) | 10.50% |
| Unrealized securities loss / equity | -1.53% (p84 of band) | -7.75% |
| AOCI / equity | -0.11% (p65 of band) | |
| ROA (annualized) | 2.15% (p92 of band) | 1.26% |
| Net interest margin | 8.58% (p99 of band) | 3.70% |
| Efficiency ratio | 27.69% (p2 of band) | |
| Noncurrent loans | 0.45% (p45 of band) | 0.51% |
| Net charge-offs (annualized) | 2.72% (p99 of band) | |
| Reserve coverage of noncurrent | 934.98% | |
| 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) (p35 of band) | |
| Deposits YoY | 14.2% | |
| Employees | 156 | |

## 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`)
- **capital falling** (`cap_falling`)
- **charge-offs p90** (`aq_nco`)

## 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 | 4 |  |  |
| 2012-03 | 5 | charge-offs p90 |  |
| 2012-06 | 5 | capital falling | charge-offs p90 |
| 2012-09 | 5 |  |  |
| 2012-12 | 5 |  |  |
| 2013-03 | 5 | charge-offs p90 | capital falling |
| 2013-06 | 5 |  |  |
| 2013-09 | 6 | capital falling |  |
| 2013-12 | 5 |  | capital falling |
| 2014-03 | 5 |  |  |
| 2014-06 | 5 |  |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 6 | capital falling |  |
| 2015-03 | 5 |  | capital falling |
| 2015-06 | 5 |  |  |
| 2015-09 | 6 | capital falling |  |
| 2015-12 | 8 | noncurrent p90, reserve under noncurrent |  |
| 2016-03 | 7 |  | capital falling |
| 2016-06 | 6 |  | liquid assets <10% |
| 2016-09 | 6 | liquid assets <10% | reserve under noncurrent |
| 2016-12 | 7 | capital falling |  |
| 2017-03 | 4 |  | loans exceed deposits, liquid assets <10%, capital falling |
| 2017-06 | 9 | loans exceed deposits, liquid assets <10%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2017-09 | 7 |  | deposits shrinking, assets shrinking |
| 2017-12 | 6 | capital falling | loans exceed deposits, liquid assets <10% |
| 2018-03 | 10 | loans exceed deposits, liquid assets <10%, losing money, deposits shrinking, assets shrinking | capital falling |
| 2018-06 | 8 |  | deposits shrinking, assets shrinking |
| 2018-09 | 4 |  | uninsured deposits leaving, loans exceed deposits, liquid assets <10%, losing money |
| 2018-12 | 8 | loans exceed deposits, liquid assets <10%, deposits shrinking, assets shrinking |  |
| 2019-03 | 5 |  | noncurrent p90, deposits shrinking, assets shrinking |
| 2019-06 | 5 |  |  |
| 2019-09 | 6 | capital falling |  |
| 2019-12 | 5 |  | capital falling |
| 2020-03 | 7 | losing money, noncurrent p90 |  |
| 2020-06 | 6 | capital falling | liquid assets <10%, losing money |
| 2020-09 | 8 | liquid assets <10%, losing money |  |
| 2020-12 | 6 |  | capital falling, losing money |
| 2021-03 | 6 |  |  |
| 2021-06 | 6 |  |  |
| 2021-09 | 5 |  | noncurrent p90 |
| 2021-12 | 6 | noncurrent p90 |  |
| 2022-03 | 7 | capital falling |  |
| 2022-06 | 7 |  |  |
| 2022-09 | 7 |  |  |
| 2022-12 | 7 |  |  |
| 2023-03 | 5 |  | noncurrent p90, capital falling |
| 2023-06 | 5 |  |  |
| 2023-09 | 5 |  |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 5 |  |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 6 | capital falling |  |
| 2024-12 | 5 |  | capital falling |
| 2025-03 | 5 |  |  |
| 2025-06 | 5 |  |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 5 |  |  |
| 2026-06 | 6 | capital falling |  |

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

- 2026-03-17 [Medallion Bank’s Moore Chairs Emerging Leaders Coalition - RVBusiness](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQaXdkQWZ5LUpNWkFwSWo3QVFYNW9rLW9uRWJkTEpjbnFBZllNeTJPVG0xZlRFdHJMbGtNbVFSSG1ZaVRLV0ZhOE4xQ1E3QzU4OEpuU3JWbVRMbHRoaHNMdXBGcWJScWRxbXNWUGVJNWd6cTYzTlZSdzNnZXMxX3VZWjJaUTRxb181?oc=5) · RVBusiness
- 2026-06-12 [Medallion Bank Announces CEO Transition - Yahoo Finance](https://news.google.com/rss/articles/CBMipwFBVV95cUxPY3Z6SElqYUl4bGxsdjJNTzkyb2NaY0dGZks2bUF6OFFocHU4SkJkWmJJWHc1TjFCUnR1b1psX3ppNXhJSDRvbFdtY2hobl9TTTlwZU95ajNwams1dHJIVHNIME51ZFFaZmh6RGFPNVN3bVVSanVsLW1mcVRLYkZwQUZEZnZXb0JsOXBYaVljYkp4enQ4SEFRQkZ5VHVTdG0tTzJrdks1UQ?oc=5) · Yahoo Finance
- 2026-02-19 [Medallion stresses home improvement to drive 2026 growth - American Banker](https://news.google.com/rss/articles/CBMinwFBVV95cUxQaFB4NkdmNUMtMEZ2cl9DRUgtczRCWTNDNzFib0pHYWhXcW1qTFUyYXdFRTZNNEx3WE4zSFk4dElzUUUwNlNHOUR3clVyODRpRWhweU92eVNQSnRvWldZb2JjVkJnNW1XT1VmeWFuREVpenFUbmQ2OENsd2YwWDl5TG9Ga1MweEt4VS1DYjNLMHIzY0NseUdzOUZtU1hmNkU?oc=5) · American Banker
- 2026-02-04 [Medallion Bank Expands Leadership Team to Spearhead Growth - GlobeNewswire](https://news.google.com/rss/articles/CBMiygFBVV95cUxPNFdZRWZCLUJvTVdmS3lEcUdsYmdQN0RTY21mUTBrLU83OXhQc0JTeDZNRHRtWkxkQnBnREJxV1NuWkV1U1BRWXZSTTVwU2pabmo0Uk5SS0xkVHBRc1JyVGV6UFVFWmEzOElqQXM5dkJTWDRqd0ZIX1dsS3ZpYzBjRUV6M3RzeHVSTjI4dHAyaXB1QmtqOVlGQ3F1bHRkMkdNcTlHczJTZTNRMU83elVkU3R2S1owQTVzaHA3T0FCc0k0WnNZcXlwaGpn?oc=5) · GlobeNewswire
- 2021-05-27 [Medallion Bank Selects LoanPro - PR Newswire](https://news.google.com/rss/articles/CBMijwFBVV95cUxOVzNEZnI1TDF1UmhYN054N2IwXzhia1NjUWhKZzFqUzBndGxPaU9wdXdDWmR2WlBvMW5jeXFYRXUyY01rcWpnRFloS1FULUpRY0swb3BqbHgwcW9ZUEpuemZZUS1EdF9TLWI5ejhQR3V2bUV3cl9TZ3M2Q1VDbEFrSGFuSFBmNmVGVUFZTE83QQ?oc=5) · PR Newswire
- 2026-07-30 [Medallion Bank Reports 2026 Second Quarter Results and Declares Series G Preferred Stock Dividend - The Manila Times](https://news.google.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?oc=5) · The Manila Times
- 2026-01-23 [Medallion Bank’s McCabe Joins National Marine Lenders Board - RVBusiness](https://news.google.com/rss/articles/CBMiigFBVV95cUxPY3BvU2pJQjVyUlZCOFlaaVlFNUc5R29QbVpyQU9kS2NfTzMzeWxnMjZ5bW1mQ2FUdmluMlNvTFJFNlRhbmhuZmR1ZHM2b1Z2QzNzWkF2ZEJ1VXN5ekxMbzlnT0NqRFRQUU50YlN3Q2xZdmgwVE9PVkZMaXhXRjFOWXppc1lOVkVKeVE?oc=5) · RVBusiness
- 2024-06-11 [Medallion Bank is Celebrating its 20th Anniversary in 2024 - RVBusiness](https://news.google.com/rss/articles/CBMiigFBVV95cUxQLXVBdW9WeDU5TUdXSVRZeEpCcG1KNjhzU1U5R2FYQzAxampoQUlSREVrWUFoM25GTkQzVURzdG13UGlLRWxZYk5xMWFKZVpnbDdFUlJtWm5MMWhmVVY1OVk4dDhwN2hfTHdiME5PTzhuR1padUZrQmYtZ01MYXhBamQxdnNfSDI1elE?oc=5) · RVBusiness

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57449 (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/41.json (key "57449", 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