# SOVEREIGN BANK
DALLAS, TX · FDIC certificate 57787 · asset band $1-10B · latest filing 2017-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $1.03B | |
| Deposits | $813.9M | |
| Loans and leases | $789.9M | |
| Total equity | $130.0M | |
| Loans / deposits | 95.71% (p68 of band) | 89.72% |
| Liquid assets / assets | 20.56% (p49 of band) | |
| Uninsured deposits / deposits | 43.30% (p85 of band) | 25.51% |
| Brokered deposits | 4.33% | |
| Wholesale funding | 12.13% (p58 of band) | |
| FHLB advances / assets | 7.79% | |
| Tier 1 leverage | 12.50% (p87 of band) | 9.96% |
| Unrealized securities loss / equity | 2.71% (p91 of band) | 0.00% |
| AOCI / equity | 0.37% (p40 of band) | |
| ROA (annualized) | 0.90% (p40 of band) | 0.99% |
| Net interest margin | 3.65% (p62 of band) | 3.49% |
| Efficiency ratio | 63.46% (p53 of band) | |
| Noncurrent loans | 1.21% (p82 of band) | 0.54% |
| Net charge-offs (annualized) | 0.01% (p35 of band) | |
| Reserve coverage of noncurrent | 114.20% | |
| Real estate % of loans | 71% | |
| Construction % of loans | 106.02% (p94 of band) | |
| Auto loans | $669,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | -0.1% | |
| Employees | 108 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | capital falling, expense ratio p90 |  |
| 2012-06 | 3 | reserve under noncurrent |  |
| 2012-09 | 2 |  | expense ratio p90 |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | construction >100% equity |  |
| 2013-06 | 4 | expense ratio p90 |  |
| 2013-09 | 2 |  | capital falling, construction >100% equity |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | expense ratio p90 |
| 2014-06 | 3 | charge-offs p90, deposits shrinking, assets shrinking | reserve under noncurrent |
| 2014-09 | 2 | construction >100% equity | charge-offs p90, assets shrinking |
| 2014-12 | 3 | expense ratio p90 |  |
| 2015-03 | 0 |  | deposits shrinking, construction >100% equity, expense ratio p90 |
| 2015-06 | 3 | wholesale funding >15%, charge-offs p90, construction >100% equity |  |
| 2015-09 | 3 | reserve under noncurrent | charge-offs p90 |
| 2015-12 | 4 | loans exceed deposits |  |
| 2016-03 | 3 |  | loans exceed deposits |
| 2016-06 | 3 | loans exceed deposits | construction >100% equity |
| 2016-09 | 2 | construction >100% equity | reserve under noncurrent, loans exceed deposits |
| 2016-12 | 2 | charge-offs p90 | wholesale funding >15% |
| 2017-03 | 1 |  | charge-offs p90 |
| 2017-06 | 2 | assets shrinking |  |

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

- 2026-07-01 [Sovereign Bank acquires First National Bank in Marlow - Duncan Banner](https://news.google.com/rss/articles/CBMi2gFBVV95cUxNaXREcWlfeElobHRTbk1wNHBtd3dUZXFsWTdLd2ZEbG5DYkhLWTdCU3ZTaURPYnJLeXVpWmp1RFJTSHJ2ZTNXdXl3OFdGNjd6OV9tbVRXWWlxdnpVUUxBd2VzN2NRenJueGFGQkxhUnNfYm1oMnllRE9YcGk4TEJ2ZWhCXzJSdFl5RUZRbmxBcWxLZDVFNUEtOExUTnN3QjFfbWtaVndaNERnVVNKdG9xUExoNS1mVnJyZ0ttY0VCZmFySE5rRDRwWGV3RkM1aU56aUFLbGlLUjdvdw?oc=5) · Duncan Banner
- 2026-06-25 [Sovereign Bank acquires Marlow bank | News | swoknews.com - The Lawton Constitution](https://news.google.com/rss/articles/CBMitgFBVV95cUxOWHRKdDQ5N0luMHZzZHhhYXdpZGI2b2lnLXBaNzlnZXVDbG9yeC1CMnkxOUtqeFpVdTRUNWNfSVR4VU5neEI0eGd4T0RCVWM4Q09sblR1UWxWMWJtc2phNTN1b2p6OEh6ZWlMY1J4Z1RzVVRUZDh4dzhpZjNYQjJXVVdQSG5jaThDVGgya2VaQVNTUk16V0lLNEhrWllUdmR3SC1GYWJwUHluanU1Y3ZSa18xeW8zQQ?oc=5) · The Lawton Constitution
- 2025-11-03 [Sovereign Bank opens new full-service branch in Edmond - journalrecord.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE5nT2JpMFZDSDFjYUtZOGZ2YlNMT05na3FDaEdZWWNkdHhCYklyQW1FTnNPY3ZmOThrOWIwSVlkNWpSXzRwQmMtVlJIZ2g4dnFnNU41LTdXZHZUTXdKeVRvWm9SRHN4eFBCbV9VRHJMeDFRUnFUMW42M1Q2N0w?oc=5) · journalrecord.com
- 2016-12-16 [Dallas bank acquires Sovereign Bank, including two Fort Worth branches - The Business Press](https://news.google.com/rss/articles/CBMirAFBVV95cUxNTmxrY2NWSXRoZ0xPZFVUSTdwNUxJdUFjVWtsQVZ1OFJmSEFyUzZxNnZyUTF4TEp0Mjdrd28xS1NJX2xvX1JRWHp2NHpJcjZQcEtPVEk4VFV2NlJIdmFTeGZEYkFWMXdEaDFkel9DLXh6Z1VmdFdBN3R1TG95d3pDZUhzLV9QTXE0QjVNSEUtUjZKeG42aFVCYnZIWnJvc3JqcDBTeHZfeEV3Z3FV?oc=5) · The Business Press
- 2022-01-26 [Santander launches its retail banking brand in the U.S. - santander.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxNU2lybWxCaV9NUmJXQmliTGgxMVI2YW1Ba05Dd1Fid01GMklQN29GM2xrQ2RxUDBVMWRGWHl0aU1pMGRyYTZGb21jRmc0eTk1cVJ1bmdQWkxBV19FUW02czhSdUYwTzN1Q05pZVpqSi1MOVQ3NFNhdTBYTjViUnNNMkpvQ2d0TFBJSUFrTU1NSUIzTkJNR01tOVFLTExWZmVpRmFnOGJDR21UMVhh?oc=5) · santander.com
- 2025-05-24 [Native banks deliver outsized impact despite undercapitalization, new National Bankers Association report finds - Tribal Business News](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOQUJNSWltdWZfM1h0WFFTc2VrQkx0aUs5TVhXMUJ5dmdnRG1tbnFoYlZZV2Q5a2ZLdEV3eTJTSWFkTDNZQTRqQm9NR0owVTVSRC1ZX0VwOXR2Y0k1MUc0WlBidlhuNm9NRHBXOFJzTXlycTJtdS1ZSndoN2tlNkcwR3NXNWxQRHNMeEJXS25TQ2VGcXp3U2MwdENTWUluejdSaXFFS3g2MjJmclVWLU1HdWxBWkFYelBLbzRBNENlWFlLT2NuTUEydHdoQ0RJTm9v?oc=5) · Tribal Business News
- 2026-02-04 [Edward Franco Appointed as Chief Technology Officer at Texas Global, LLC - hrtoday.in](https://news.google.com/rss/articles/CBMilgFBVV95cUxNTnNPV213YjhwTHlWa3gtQXJZdVpGdVUyVm9GUHhrT1VMTktacTNpdWNST2xpSkxlbnI2OTVRYnRhd3BhZDlDd0xoMGRXMnRWMnRxRHFoV3A1SU9NMVpuWE9yZ040REZzM2ZUVVMwaVVJUjhxSjVwNGFzVGMwazJDTFdwYi02U2FsNHl4N3dHYml6YjY0U0E?oc=5) · hrtoday.in
- 2026-08-25 [Financiers seek to launch second de novo bank in Dallas of '26 - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQdndDWWZzZE56WXJZRVBFa2NuQzRIand1N1VGOEFaRURXYXdYLW4zY0Y5Wm91cnc5UXhyVjRGVTV3emp5ODMxenFIVl9UdXdQYzFmZ0x5MW1PRGNVNU9YQlBBakRXQnREOURpUjNBcFh0QThhSXdNQkFPaFFCX21WcEV1S3kxSmQ2QmtvbklzTTZUSDZOSEwtVG9RS21Bc1U5eDliQ3dOeGVZUQ?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57787 (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/59.json (key "57787", 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