# OCULINA BANK
VERO BEACH, FL · FDIC certificate 57559 · asset band $300M-1B · latest filing 2019-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $364.8M | |
| Deposits | $308.4M | |
| Loans and leases | $322.8M | |
| Total equity | $27.3M | |
| Loans / deposits | 103.82% (p92 of band) | 84.98% |
| Liquid assets / assets | 7.52% (p2 of band) | |
| Uninsured deposits / deposits | 14.42% (p21 of band) | 21.58% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.81% (p66 of band) | |
| FHLB advances / assets | 7.81% | |
| Tier 1 leverage | 7.52% (p2 of band) | 10.59% |
| Unrealized securities loss / equity | -0.13% (p59 of band) | -0.32% |
| AOCI / equity | 0.01% (p8 of band) | |
| ROA (annualized) | -0.30% (p1 of band) | 1.08% |
| Net interest margin | 3.24% (p19 of band) | 3.73% |
| Efficiency ratio | 109.57% (p99 of band) | |
| Noncurrent loans | 0.00% (p3 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p37 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 98% | |
| Construction % of loans | 30.65% (p39 of band) | |
| Auto loans | $179,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 12.1% | |
| Employees | 77 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  | noncurrent p90 |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 2 | capital falling | losing money, charge-offs p90 |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 | liquid assets <10% | reserve under noncurrent |
| 2012-12 | 0 |  | liquid assets <10% |
| 2013-03 | 3 | losing money, expense ratio p90, charge-offs p90 |  |
| 2013-06 | 4 | liquid assets <10% |  |
| 2013-09 | 3 |  | charge-offs p90 |
| 2013-12 | 3 | capital falling | liquid assets <10% |
| 2014-03 | 1 |  | losing money, expense ratio p90 |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | liquid assets <10% |  |
| 2015-03 | 3 | loans exceed deposits, capital falling |  |
| 2015-06 | 2 |  | capital falling |
| 2015-09 | 1 |  | loans exceed deposits |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 1 |  | liquid assets <10% |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2016-12 | 2 | capital falling | loans exceed deposits |
| 2017-03 | 2 | loans exceed deposits | capital falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 | capital falling | liquid assets <10% |
| 2018-09 | 2 | liquid assets <10% | capital falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 5 | capital falling, losing money, expense ratio p90 |  |

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

- 2025-10-06 ['Out of sight, out of mind': Scientists warn rare Florida reef could be destroyed again - WPTV](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNc2xiRW5EMHBsYXEwOTgtV3kwdEhQWkNiY21wY1VTanF5eGRZOHJVU2NQeUgzZGo5SGV0UEpPVjNkV2hPbTJ3VGpLYlVBb0FPX0psZzhTWkdMcnRENGlOb3BHQUdhWXNtcDIzVEFVTVZHS0p1SXl3aWhFYVV6RTVXV3RkY3NTeXBnSFB5elpnNTRhMk1uYnNpbEZLbWxqLThrV2ZrLTdNMHlMRUpXSHFucVQ2cWdUQ1k2c0ZfV1Z3LTF6eEJQaV92VA?oc=5) · WPTV
- 2026-01-23 [Florida opens rare ivory tree coral reef to shrimp trawling - Treasure Coast News](https://news.google.com/rss/articles/CBMigAJBVV95cUxOclVpYkFXY0U4S0hsT2dGY0x6ZHVJVHdMRDFxNmRDa1hGMkdoVndVVnlheHBOd29MQXZaNDluM056UUJ1WWFWcUNzN1lMVkJqZU9BYjkzU19IYjlJaGNBMkx1WjZnXzJkZlFFTExQOGV3cUNEU2UyV01BdXhDeDdUVFZac0RJeWhuQUVBanFYWDJsSnJYN0UwS1hVRlZ6bF9EU2dUeEJoVmViX3k3TUEtVUZOVGNfdWJBOWtrekFiV1psUEJZXzBqVDlqbmtYd1I0LU1ZR0dEQVg1QlNiV051VnowNER4eTdVMGVSb2FXc1h3a2hKbU1WMG5wSjR4MjZP?oc=5) · Treasure Coast News
- 2026-06-02 ['Very concerned': Activists rally to save rare Florida deep-water coral reef - WPTV](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQWGNkUlVNUE1XVVRvMG5qLWNOanJQM2l5SHZ5a0VZWHc0QjJtMUFpNTdrT0lkQnRqSmozeXduX0VJUnlmUTFxUHpHOTJ0RFM1X1hUVV9hbWxJcTdxQmlHWWk3LTZVOVRRb3NRNzJqUXlpS1pOR1cxdmRUMEJBeE5GMHdVQ2ZjV3hvVTdjNnYwVWZ1R2lvclU2N3dxR1JVZ1BLR3VudlUtaGNJSTQxRVp0MTkzOERUbkxSSnRyMGFPRDhzdkM4cXN3X1c2NHYxWXlWUjlaT21veVhTbVU?oc=5) · WPTV
- 2025-06-05 [NCCOS Provides Mapping Guidance, Data Analysis for Proposed Shrimp Fishery Access Area - National Oceanic and Atmospheric Administration (.gov)](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPMHlTOW1GWDd4QXVhNUNIRmI1bEtlVWZibkRGR2hIRE5iUUpibTY4Z0diaXZwdlpDdjZERExBM1VGR1BqZFlmX0wzMk94Wm1NbDJBbk9HbnUzRl9Kd1BWY3R2WUR2QTlybklkbUlSOU5pSmktMy10Z0VnZ1F4UTBaZkFmUTBWUmZBdDBUbzRXbGptMGktcTBuVm03RUdtd0paTF9QalFPZnEzUEFzS2dOM3M3SEg3ZlZWckRERl92U3hzdw?oc=5) · National Oceanic and Atmospheric Administration (.gov)
- 2022-06-29 [Deep-water coral bank threatened - Environment America](https://news.google.com/rss/articles/CBMihwFBVV95cUxOS3ZSTW9mVVhIUGJsSzg1aEFJUU1meTk2bHpDOGVmekY2WEhLNEIzMmw4LTVSQzA1RmtmbnF4LWQyaktwMTQwX3BRVTJYSjl0emFRbWxudGpnbzRscTJHcjh5b3FUTWlLQzdCcnp5Mm4zVE9WM0lURmhOSWFfQzRoYUV5MTQ4SzA?oc=5) · Environment America
- 2026-01-09 [Federal council to decide fate of Oculina Bank amid shrimp trawling debate - WPTV](https://news.google.com/rss/articles/CBMiswFBVV95cUxQWElCMWRRWnh4bVBGN1RfWUtpMENuTkRjUFRwTDgtNldjT2R5NFU3aDViU0xHckhXT25KN0szdEhZRDRCLXBTRFVFZE1sVVpJZmFhY09xLU83bXNlUXZTTVNyNTczeDRmdGZVd2JoZ2xGQkxZWjdaRFVsX2l5aVZPVng5YnJsd2N6c25YNGV3WWpIWEdvak5rRVpQWmFjd1RjbmFrNzJoTUVudkltLXYzcDJkRQ?oc=5) · WPTV
- 2026-01-23 [Federally appointed council votes to reopen rare, protected reef to shrimp trawling - WPTV](https://news.google.com/rss/articles/CBMivgFBVV95cUxQTllRRXNaUjZMWlJ0U3J0YWRxR09EWWZCalFsT19rcW5RU0RyUVlEcVlVM3F1dndyVFB0eU5IbWVBOHZNSzNYbnF0Vkt6VmhEYjUzcl92UV9vRzd5Vm5oU2loWFZVNTVMclNCYWpTdUdoZWpEdFB2TS1DMzhpVFZHNWl6TWYzdzF0MTdqblFmejhsSjRiV2JyX1kxeXk5WkNtdDdNRzdVUEJJU1dKWERpa1JWV3BjQXcwal9ZQ1Z3?oc=5) · WPTV
- 2021-06-15 [Would Florida rock shrimp trawlers damage protected Oculina Bank coral reef? - Treasure Coast News](https://news.google.com/rss/articles/CBMiiwJBVV95cUxORVNHdmVRZHJ5c19vNmc5dnB1WEIwN2NHR2VLRG9pLUNvZFhsVUl1TmpPNy10YzYyWkF6UVFna1lxdzk2QXUtZmhkbmRNMEIyUlBqZWxRbzN0eWxSZVFsbjVEdlNHNnFJa2I5bGxRTkt2RzlGU1oyRFVFQ0VFR2IxMGRkakgyRmRoU1dUM2xEejBNbXZma3hGTkRFOURzSjljd182YUhwajdxUzdXU2liM1VtM0pIV0NXQ0tCb2JvZHZQNmJ3TXVOZUdsc3kzempNYVZ1THZwNnpKT1NZc04yYlMxeHZvMzE0TVpWZ3lBSGh5aUFLVi16cmozT3ZKZ2pvTGJHVURRN2lVOTQ?oc=5) · Treasure Coast News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57559 (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/23.json (key "57559", 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