# TARGET BANK
SALT LAKE CITY, UT · FDIC certificate 57769 · asset band <$300M · latest filing 2015-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $69.2M | |
| Deposits | $47.9M | |
| Loans and leases | $805,000 | |
| Total equity | $10.2M | |
| Loans / deposits | 1.42% (p2 of band) | 72.67% |
| Liquid assets / assets | 89.42% (p99 of band) | |
| Uninsured deposits / deposits | 22.43% (p81 of band) | 13.36% |
| Brokered deposits | 53.14% | |
| Wholesale funding | 58.90% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.55% (p89 of band) | 10.53% |
| Unrealized securities loss / equity | 0.00% (p38 of band) | 0.18% |
| AOCI / equity | 0.00% (p69 of band) | |
| ROA (annualized) | 17.98% (p100 of band) | 0.82% |
| Net interest margin | 0.76% (p1 of band) | 3.60% |
| Efficiency ratio | 25.45% (p0 of band) | |
| Noncurrent loans | 8.94% (p99 of band) | 0.74% |
| Net charge-offs (annualized) | 0.12% (p81 of band) | |
| Reserve coverage of noncurrent | 173.61% | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 46.2% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | NIM <2.5% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 3 | wholesale funding >15%, capital falling |  |
| 2012-03 | 2 |  | capital falling |
| 2012-06 | 1 |  | wholesale funding >15% |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 2 | uninsured deposits leaving | capital falling |
| 2013-06 | 4 | wholesale funding >15%, assets shrinking |  |
| 2013-09 | 4 | deposits shrinking | wholesale funding >15% |
| 2013-12 | 1 |  | uninsured deposits leaving, assets shrinking, deposits shrinking |
| 2014-03 | 2 | assets shrinking |  |
| 2014-06 | 3 | uninsured deposits leaving |  |
| 2014-09 | 1 |  | assets shrinking, uninsured deposits leaving |
| 2014-12 | 1 |  |  |
| 2015-03 | 4 | brokered >10%, wholesale funding >15%, capital falling |  |
| 2015-06 | 4 | noncurrent p90 | capital falling |

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

- 2021-06-15 [Why a high-cost consumer lender is buying a tiny Utah bank - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxOQTJZZnhCNUtCWi1zTGt2U2tGLXUtbDRWa1R1LWtrRW1nSkFoWmFFXzU1eGF6bEdfUG9KUThIeXBHZjMyVUlEUnJSU2lPbXN0VHd5aV9hWGFpOEtNdE16VjItbTNiODFwUGNuWUFKcjQ3RXloY3hMbFVya2RVRG85c0RFYnpnZ1BGRS1ENDU2SnFaYWVzandzWWJTc2k?oc=5) · American Banker
- 2021-06-25 [loanDepot Names New EVP And CRO - National Mortgage Professional](https://news.google.com/rss/articles/CBMigwFBVV95cUxQZm5xekhEZnBwc201ODRSOUN2Qjc4a1VrMFdBM3N4czBBTXl6TlhPMHhSdkhsNl8wS25rZFNDejFGTXhQQURYbVNaMXJVejh6NTg1Y2VPYkZ5REtBVmNEUnFtWDV6M3loYWItWDgtclJHYlZobmIwTTBJNDJKOW9EMUtiMA?oc=5) · National Mortgage Professional
- 2023-10-31 [X Development, Midloch Buy 119,366 SF Highbury at Lake Park Shopping Center in West Valley City, Utah - REBusinessOnline](https://news.google.com/rss/articles/CBMixwFBVV95cUxPakdGcmNwZF8zYTRpNkd6WDRMOE9QMXdDMDZwUG1mOWJKMGVwaDBldXVSSDd1dVlBOGkxckxKQVpGazI0SW11Y0dkMl9tODQ3RmpnRmxlU0lqTU9yR1oxVHRwbTYtdTNYVkhwOGNYRmw1LWxNUmFVUERIcU1MUmNHc0hleXdFZXhMSm1GclpZTDBhdTBMTWVzdjlMdmtFWVUtVE5DNFdVUGZVRE5KV01Cbm84MVpnSmNzUk9tU0ZJVEFIWFhzOEY0?oc=5) · REBusinessOnline
- 2026-06-25 [Public support is strong for two per cent inflation target, Bank of Canada says - Toronto Star](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQU0FCNnZ4SUVZVWhDTjgyWUI1UjdEdzFlM3gwS0RVYmJFdVhiLVRncXdDa1FROFpXZlB6YmxXNUljclRjSTFhVmRqOTF0LTdoN3dtM0xFekx4S3FzRXV2dGFuOXFpRGFEVV90SXh5ckFJby05TlVHZ3k1Y05OSm9xM0Q2UDE1enlUMmstOHpkeEJOUGhiR2JzcWtMU0h0UWYweWtoWC1lTEJzSWZUTnhyeDBFZ3lQb3htcWNMUm5LZmtmTldieHVnQXNQRHBNX1RJdDZQS29PQVVTNUNmVGhSaFQ5WHJ0X2RLVmViakF6ODBWNDg?oc=5) · Toronto Star
- 2022-11-15 [Nancy Huntsman Obituary (1954 - 2022) - Park City, UT - The Salt Lake Tribune - Legacy obituary](https://news.google.com/rss/articles/CBMimAFBVV95cUxOcjgzd2hwYWZ1ZjdpSkVSTUJjUDZaWEd6X3YxN0NHZkxUQ0UxYUNOdlZKNUxVMXJ3RGhPT3Q4SmRTaDFoS0Mtd0hWVDBFazdIVkhZTnlmWk85aXdESk44R0pGZW9vb0ZEMTdPSjNvYnp1UHdRYml1SDRWekNMUXgwZ0ZXVm1HRWNDV3pPVElHRUFnakthdGJOTA?oc=5) · Legacy obituary
- 2018-11-21 [Rupiah Keeps Falling - Tempo.co English](https://news.google.com/rss/articles/CBMiYkFVX3lxTE1UUVZZMGNmNHBUQl9oRGFfVE15U2MxNUd2VjVoMzFHNmVUbkNYMkNtb2FuOEtTanBNY3lIa0tuTWY3SHpUNWd1M3dhWVdIajk4NDQzeFY4d3I5SFVIeEt4a09B?oc=5) · Tempo.co English
- 2018-12-19 [Minister Chatib Came Under Fire as Rupiah Weakens - Tempo.co English](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQazZ6aHJCRFh5M01nbkdRWWxWZ2RCOW5uaW9oSUVMeEpOaDBmVS1PUl9INUZJbllUWjlrSWRzaFNfalE5dVBzN25wUllFeU9feTd3LXB3UEhiZ1RkWjdwM0JfNW14dWFCbVFfbHM5TXc4ZnNNQjdoUVpmVHRnb0tZdmIyQlZoTndU?oc=5) · Tempo.co English
- 2014-06-05 [BI Must Intervene if Rupiah Penetrates 12,000 - Tempo.co English](https://news.google.com/rss/articles/CBMiggFBVV95cUxNVGl0VndDMl9fckJ2d1MwNlRuRVZlY09MNmZPV3ZiTnVHRVFIb3N5cWRHZ2wzcUJRZFZWWTEwaEhRNldhZVVYajM3eXVJeVcwNXVIcUtfVWNyTnczaEZhcHNJcWo0Q2h1R0N3N0NrazE5TDRjUUZIRk52ekF2NGpmTmxB?oc=5) · Tempo.co English

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57769 (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 "57769", 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