# FIRST AMERICA BANK
BRADENTON, FL · FDIC certificate 57722 · asset band <$300M · latest filing 2015-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $269.8M | |
| Deposits | $225.1M | |
| Loans and leases | $186.1M | |
| Total equity | $31.2M | |
| Loans / deposits | 81.91% (p71 of band) | 70.43% |
| Liquid assets / assets | 20.86% (p21 of band) | |
| Uninsured deposits / deposits | 14.29% (p55 of band) | 13.33% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.82% (p68 of band) | |
| FHLB advances / assets | 4.82% | |
| Tier 1 leverage | 10.69% (p53 of band) | 10.49% |
| Unrealized securities loss / equity | 0.00% (p16 of band) | 1.32% |
| AOCI / equity | -0.15% (p4 of band) | |
| ROA (annualized) | 0.51% (p31 of band) | 0.80% |
| Net interest margin | 3.23% (p30 of band) | 3.57% |
| Efficiency ratio | 78.37% (p61 of band) | |
| Noncurrent loans | 2.42% (p82 of band) | 0.77% |
| Net charge-offs (annualized) | 0.01% (p63 of band) | |
| Reserve coverage of noncurrent | 38.08% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 54.17% (p84 of band) | |
| Auto loans | $238,000 (0.13% of loans; DQ 9.66%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.6% | |
| Employees | 54 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 6 | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90, capital falling |
| 2012-06 | 4 |  | losing money, expense ratio p90 |
| 2012-09 | 3 |  | reserve under noncurrent |
| 2012-12 | 5 | losing money, expense ratio p90 |  |
| 2013-03 | 2 | capital falling, charge-offs p90 | deposits shrinking, assets shrinking, uninsured deposits leaving, losing money, expense ratio p90 |
| 2013-06 | 2 | reserve under noncurrent | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 | capital falling | charge-offs p90 |
| 2014-03 | 3 | charge-offs p90 |  |
| 2014-06 | 2 |  | charge-offs p90 |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |

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

- 2013-02-01 [Region's community banks all profitable in 2012 - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMisAFBVV95cUxOamxKbWJ1T0J2cjFvTnEwazVfcC1ET3kwMm00WVp6ejR0VmoxSkxCemtBdjhtSWNlQkRPcGwxNkpzWGVWVTNTVldGSE5wU3ZhTUd5TzVQUmR0Y25MUkJ3Q1BVVi1nWGpnTHVfenk1VmdwX0d5TzA2V3dIRWwyODRKZWRtaWdFZVlsYVNUSlV1aWFPQWFzQmNQdmxQd0Z0U09CQ3RHXzBLRGJCa2RSckp0YQ?oc=5) · Sarasota Herald-Tribune
- 2015-06-18 [Bay Cities Bank bought for $101.6 million - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMipwFBVV95cUxQOVRqYlBhTFEyUThUSUZjbnRCYXE3QnlWWGxFMXNMSWVzclJwTk9abHFvdWdCSHZvZVZGb284Y1BNSlg5M2RYbG5KdGFPVHFaTVhrQ2ptZThkSE00S0t1U09vTjdjdkprN2pjeFpRdTBJa2x2LUVpRU5aTFk4V2ZYNWsyWjl0WHVidUlKZnA1cmpwR3B2NS1xelZwdFlFY0ZBR2JsU3VoUQ?oc=5) · Sarasota Herald-Tribune
- 2017-08-16 [William Holtgreive Obituary - East Lansing, MI - Dignity Memorial](https://news.google.com/rss/articles/CBMijgFBVV95cUxOVENqaW4tbXhwelhfWkhGR0RXVjluYmNha0pJblRwS0tfV2ZDWXdLQ2VDcng2bjhkbE8wN0tDOFY3Mnc0cG1ZQUVabTFVeV9FNUZCcGRKLWROYnJaUUxhQzA3NHF2X2J3cFNzV2tEUWtDZHN3TjRfaEJ2alNnQi1uZXN6WWEzZ1NieFF4eHJR?oc=5) · Dignity Memorial
- 2011-05-06 [10 Palmetto High Students Recognized as 'Most Improved' - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxPVGZ2QkEwOFRTTl9fYzN0cGRVVU9FQlA3X1VaMmdpYWxyQzRNRFdYY1Z0b09yU3NCdGNjb09uMHk1LUJMUE5fdFRGMU9uWW5xNFdXVlFtczV1MVNXSlloZ2JEejJjeV8tS2d2RmxoWEh6NGF5aXpPSUVIOS0ybGN4dktEXy1hbU1rQU5WUGxYb0FGUnc?oc=5) · Patch
- 2011-06-20 [Florida banks peeking around the corner at prosperity - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMirAFBVV95cUxOV3Q4cjFkWXNlVlBtR2ZvRE42OFF2TDVZSTVDaDVVWkZvYjVncDg1M0tSbEdxYkxENlZmaGhLY2g2X2dkb3dMSkppTXBKRGFWTk8tRmxtWHl2MnZ0SEpQQW5ZNU5FQlMtdHBvZ2ExcnZ3WVFXOXVtU2t3MmNnT2RtandtVWJiUjdCQVdWb2JSSU5jSEtNWjNORy0wWmZLMlBsUFRMb2ppTkFRaEtC?oc=5) · Sarasota Herald-Tribune
- 2011-08-01 [Southwest Florida banks' earnings reports mixed - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMisAFBVV95cUxOT0tzT3pCdk9RcDNaM0lGeF90eERLbDJlQUdXYUJKRnE5alROLUlqdldpTlozYkN1Vkt3NjNzWEVfODYxei1vT0IwSXNRQmtxaENscmJQN25YLUoySmxRUkpHci1zLUVKUjY1eDVXLVU1RjZUMW5fZFRXMEZmRy1sMjdhM012bXdhWnlGSy0zY01YMHFMdWh5Y0swV19ERjAzNzZ2MjNpSFF3N1ZIUWNqRg?oc=5) · Sarasota Herald-Tribune
- 2008-12-15 [Bank rating rock-bottom - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMikgFBVV95cUxQNDA5aF9HdE1YQ0NlbmVNaU0tenJ6cEJuR29wUy11UlA3QlhBSXJQMEI1TmF6R2JzNXhhMHNsR2YtQWRYQnZ1R2k0YmE4Rl9hTHBIYjFNM3I5MldOX29lX0lZVXFVajZBSnV5by03ZzB6TldkN2ZGNTBySWNlS0hlb0JUQmZWZm1yTGxhYXpVRWRxQQ?oc=5) · Sarasota Herald-Tribune
- 2005-08-29 [Former Wachovia executive explores community banking - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOWGFrcDVxTkVOV1MwUjlwWDhybm93NG9mcDVFeVJFYi0wZU9VUXhWMjY1aTlQZEN2S2NzSHZTWmJQYWI3ZDJvSkNzNlRhekVfV2ZjNnFDdjFmOWJQNUxwVUhfZlYtOWdKYWREVmstU0VqVl82T2wyRUFITDdxLUdRMHd3cDJ5aUFoOHN4YTJ0YXZKVEgzZ0hXMl9UVjFGS3RQTktqei1lOEJ3ZXJJQnVySndhOUFEVVNm?oc=5) · Sarasota Herald-Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57722 (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/58.json (key "57722", 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