# NEW CITY BANK
CHICAGO, IL · FDIC certificate 57597 · asset band <$300M · latest filing 2011-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 11 (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 | $71.2M | |
| Deposits | $72.4M | |
| Loans and leases | $42.2M | |
| Total equity | $-1.8M | |
| Loans / deposits | 50.26% (p17 of band) | 70.28% |
| Liquid assets / assets | 41.86% (p67 of band) | |
| Uninsured deposits / deposits | 6.58% (p40 of band) | 8.25% |
| Brokered deposits | 37.18% | |
| Wholesale funding | 37.18% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | -2.38% (p0 of band) | 9.92% |
| Unrealized securities loss / equity | – | 3.23% |
| AOCI / equity | – | |
| ROA (annualized) | -11.15% (p0 of band) | 0.69% |
| Net interest margin | 4.11% (p66 of band) | 3.86% |
| Efficiency ratio | 151.50% (p98 of band) | |
| Noncurrent loans | 27.73% (p100 of band) | 1.38% |
| Net charge-offs (annualized) | 5.74% (p100 of band) | |
| Reserve coverage of noncurrent | 49.74% | |
| Real estate % of loans | 87% | |
| Construction % of loans | – | |
| Auto loans | $18,000 (0.04% of loans; DQ 0.00%, NCO 0.08%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 9 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 5 | leverage <7%, construction >100% equity |  |
| 2011-09 | 9 | leverage <5%, capital falling, charge-offs p90 |  |
| 2011-12 | 11 | brokered >10%, wholesale funding >15%, expense ratio p90 | 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
- 2012-03-10 [Regulators Close New City Bank - CBS News](https://news.google.com/rss/articles/CBMirAFBVV95cUxQQVBPY3dWdzZUVFNqa0oxbFhHejFLX0hiQ1pFZU1xSG1PaXR0ZVA5Y2Z0MnN0Q1hyUjhRSHBURHh6eldNNVM5eXNEc2labEN6cHZTZFVBZVlYX1dyb3ROUXluOUI1bElNVE1ZVWRRRE8tb1I4WnFQNjIyUTZ0MkY1M2E4aXFWQno5MG9FREFxUUVJajc1cWI3bm1VTU1UY0QzY0o5SGZOb0xyZmpD?oc=5) · CBS News
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2023-03-13 [The collapse of Silicon Valley Bank: What does it mean? - CBC](https://news.google.com/rss/articles/CBMifEFVX3lxTE5hczFoVGFySV9FMFdlRk15bUt0YWYyc0p5aEdqMmU1cjJ5ejJsaEtBZWZzQ1hZdnRzS0dRa3FUZmFNeXRRTDJ2R3lRc1dkMlZHX0d0Vk9zZWtXR05WencydFk0dFdYN0NKbG9HM0s4bE1TbGRzU3JEWHdMb2w?oc=5) · CBC
- 2016-02-01 [Broadway Bank officers, FDIC settle lawsuit for $5 million - Chicago Tribune](https://news.google.com/rss/articles/CBMioAFBVV95cUxQbm9ZRW9pZXJmdEhENldBSEp1eUM4OEE0cW1EX1dYN2xzc2hiOVhyWnhXUlpHLWZLcU9jeG9YUTVZV1ZQWW1oWFA3bFp3Rmw5R2g4T3VGZWE3SWNPOFFyYVlkVFZTVDBfUFVlWnlES3ExMUxGUzgxcFNGR3M2RmhNeU9LM0tOb2lHNDd5R2xNUlhsTDhjcks5LW9LaFVONmZR?oc=5) · Chicago Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57597 (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 "57597", 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