# NEW HORIZONS BANK
EAST ELLIJAY, GA · FDIC certificate 57705 · asset band <$300M · latest filing 2011-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $103.1M | |
| Deposits | $99.0M | |
| Loans and leases | $70.3M | |
| Total equity | $-49,000 | |
| Loans / deposits | 69.11% (p46 of band) | 70.88% |
| Liquid assets / assets | 17.54% (p12 of band) | |
| Uninsured deposits / deposits | 0.39% (p4 of band) | 7.86% |
| Brokered deposits | 2.05% | |
| Wholesale funding | 5.93% (p66 of band) | |
| FHLB advances / assets | 3.88% | |
| Tier 1 leverage | -0.18% (p0 of band) | 9.71% |
| Unrealized securities loss / equity | – | 0.79% |
| AOCI / equity | – | |
| ROA (annualized) | -1.87% (p4 of band) | 0.66% |
| Net interest margin | 2.28% (p4 of band) | 3.79% |
| Efficiency ratio | 219.57% (p99 of band) | |
| Noncurrent loans | 11.79% (p97 of band) | 1.53% |
| Net charge-offs (annualized) | 0.82% (p89 of band) | |
| Reserve coverage of noncurrent | 22.78% | |
| Real estate % of loans | 93% | |
| Construction % of loans | – | |
| Auto loans | $1.2M (1.72% of loans; DQ 7.13%, NCO 0.10%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 21 | |

## Flags firing in the latest filing

- **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`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, reserve under noncurrent |  |

## 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
- 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
- 2011-04-15 [Rosemount bank among 6 seized by FDIC - Pioneer Press](https://news.google.com/rss/articles/CBMiggFBVV95cUxOR3hycm1SVm1Ba3ZEaGxMR2ZmSExvYmJLQ09IRUZHSzlQdGExNTlvcmRuMWIzQVdtbzdHc3B6Z18zV0ZxLTJTR3o0NkRzdE5CdHZYNUhzMk5kUkZiWE1mTU54RmpBdzV6akx4TTJ5ZWZudzNYdHk5akgzQ1pTM3IweG5B?oc=5) · Pioneer Press
- 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

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57705 (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 "57705", 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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