# NEWDOMINION BANK
CHARLOTTE, NC · FDIC certificate 57888 · asset band $300M-1B · latest filing 2018-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $328.6M | |
| Deposits | $283.8M | |
| Loans and leases | $277.9M | |
| Total equity | $42.6M | |
| Loans / deposits | 96.85% (p77 of band) | 86.00% |
| Liquid assets / assets | 13.60% (p19 of band) | |
| Uninsured deposits / deposits | 43.95% (p93 of band) | 21.20% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p7 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.33% (p68 of band) | 10.47% |
| Unrealized securities loss / equity | -0.18% (p86 of band) | -2.60% |
| AOCI / equity | 0.50% (p99 of band) | |
| ROA (annualized) | 1.83% (p89 of band) | 1.09% |
| Net interest margin | 3.67% (p47 of band) | 3.71% |
| Efficiency ratio | 84.83% (p93 of band) | |
| Noncurrent loans | 0.13% (p18 of band) | 0.52% |
| Net charge-offs (annualized) | -0.01% (p21 of band) | |
| Reserve coverage of noncurrent | 852.79% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 73.53% (p77 of band) | |
| Auto loans | $161,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.7% | |
| Employees | 48 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | brokered >10%, wholesale funding >15%, leverage <7%, leverage <5%, NIM <2.5%, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 10 | noncurrent p90 |  |
| 2011-09 | 11 | capital falling |  |
| 2011-12 | 13 | losing money, expense ratio p90 |  |
| 2012-03 | 14 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90, capital falling |
| 2012-06 | 12 | charge-offs p90 | wholesale funding >15%, NIM <2.5%, uninsured deposits leaving |
| 2012-09 | 13 | uninsured deposits leaving |  |
| 2012-12 | 11 |  | brokered >10%, uninsured deposits leaving |
| 2013-03 | 9 |  | losing money, charge-offs p90 |
| 2013-06 | 6 | losing money | leverage <5%, construction >100% equity, noncurrent p90 |
| 2013-09 | 6 | construction >100% equity | reserve under noncurrent |
| 2013-12 | 6 |  |  |
| 2014-03 | 4 |  | expense ratio p90, losing money |
| 2014-06 | 4 |  |  |
| 2014-09 | 5 | capital falling, losing money, expense ratio p90 | deposits shrinking, assets shrinking |
| 2014-12 | 7 | charge-offs p90, reserve under noncurrent |  |
| 2015-03 | 4 |  | capital falling, charge-offs p90, reserve under noncurrent |
| 2015-06 | 4 |  |  |
| 2015-09 | 6 | noncurrent p90, reserve under noncurrent |  |
| 2015-12 | 4 |  | leverage <7%, noncurrent p90 |
| 2016-03 | 3 |  | losing money |
| 2016-06 | 3 | capital falling | reserve under noncurrent |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | capital falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | construction >100% equity |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |

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

- 2018-01-23 [Park National Bank to acquire North Carolina bank - The Newark Advocate](https://news.google.com/rss/articles/CBMisAFBVV95cUxQdENzdlBOOUMwdzZVZEJ1TEdPZTNWRktoZ25xalR6Ml9BWHA5NzRTSXVBbGdjdDdKYWQ4NDRLMVktb05sTG1rTTg2TmhPdFFKRUxqQ3ZzNlc1UmhnbTVOZnFrRE9KR2FLMWtxRnBGcS1BUnZvemJORFhsaS02YTlEZy1ZdmNDY0ZqbEt0c0c1RURmaUQtOVBJdzNxZnRBVU1UTHBBelBxc0h4NzZLZ2k2cA?oc=5) · The Newark Advocate
- 2020-08-23 [End of an era as former Charlotte bank brand is retired - WSOC TV](https://news.google.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?oc=5) · WSOC TV
- 2018-01-23 [Park National buys North Carolina bank - The Columbus Dispatch](https://news.google.com/rss/articles/CBMingFBVV95cUxOTDNrTGJNdE1EaWRaejlyQmZQSjA5ZUxxZWpuZDJlRGlPaFZDLWhlQU5nWUJzWWVpOU12MWx6SnU4NGxldmJNS2M5U1RvU2U4dG1aZXFiaElIVTI5Wlh5S1NWMEM4MzZqOUtzUzVPbkxxenVUY1BKRmt4aVgzNEt1R3dnRWpVQ19TZ2FubEFPaHVUZlNtN2EwTUJ5S05tZw?oc=5) · The Columbus Dispatch
- 2018-07-02 [Charlotte's losing 'a little bit of the luster.' Just one bank has its HQ here now. - Charlotte Observer](https://news.google.com/rss/articles/CBMigwFBVV95cUxQTld4a3ZDSmRzLVZ0TV91RjYtYU8wLTJWbFU0WldJNWJjTENqcWd5MGRuSkZ5aHBpVUdnYUxQMUFRU0pMYi11UWxFLWZUaHBDLXNVeXI5SDhHYlBFUnJzYWU3NmhBYXUyRFNLQW0wWVFSWkxvQmsxN2N3WmJDOUI5dFpVb9IBgwFBVV95cUxPZHNfTl9xOVdQS1daOVcya0Jwa3NEMkhvbFo0bmFHTzg5TmtKZ0ZNcUQxZGZTekdHXy1BZHVKZ3ZXMkZRVjBxNDVLWFVmLTdtQUxWeUdhZUZ3WWM5d1ZrOWV4SWl5Wm5aczY0b0l2cDl2YTl5QWx5WDlmSkxGRHpyX0Jkcw?oc=5) · Charlotte Observer
- 2018-07-02 [Park National completes merger with North Carolina bank - The Newark Advocate](https://news.google.com/rss/articles/CBMisAFBVV95cUxQdGpseHNRZ3R5MDlxT0JGT1ZyMEpfeVBNWDdFVGlzeE5OVTE1c3BjSkFYTl9haGV5QzV6d3AyY0l3TWs5WkR1SEl1TWZDaWcwaWM1bkdYMmg2dUxuQ29TYUVqajBjMm1XNGd0RklPcGdORml2M1hZRmxEekF2bGo1c3NhMW5OOThfcXNJSGxNeDkwN2N0VmwtV3FLbXV2akg2Q0RYREcxR28yYlp4cnVWNA?oc=5) · The Newark Advocate
- 2016-02-18 [The Fauquier Bank taps Bogan as its next president - FauquierNow](https://news.google.com/rss/articles/CBMijwFBVV95cUxOeGtiRXdtQmFOWTUxRkwyMjJYa0pwOHUxaEYzU2RLTW9XWUlseUV6ejdzTlJXdXpaNEZ1NmNKcXIydERxVExmWmhQeGdHN282aTRCQWExUzVqUEo3RkNSY3VMZ2lHcEJBNGFRYW1uaTBxWVdnVUJlN3RfUnYzWXo0X3E4Y2VudDhYT2xFanQ2Yw?oc=5) · FauquierNow
- 2021-06-24 [How Charlotte, North Carolina, became the banking hub of the American south - qz.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQUEFHX0llaU5ETFJPZ3N3bW1JSVRUSjVFT1dob2xkaEtTU2Nua3oxVlliTDQzUVlwRE5xUE9oOU1nLVNrQ1lSLWZ0cjVBdThlc2cybjk5UmVSWHFSd0hYQ0FOb3Zib21GUDRxTWJYZi12Z0ZkM3RGbkQ3bTRrRDBHRDRkMVljbE56NjZZWkVB?oc=5) · qz.com
- 2018-09-13 [Park National to buy South Carolina bank - The Columbus Dispatch](https://news.google.com/rss/articles/CBMilAFBVV95cUxOb0tfVHFTam41TFZCeGVHTWF6NVRfNTd6Zlhmb05zT0pvVUpub3ZJLVc3dkhrOEppN3EteHpmU2x2dG1Qak1WRFlJWEFFdjlLS0FvejBON1hpUlFHblA5ajBEei1kNkZxd1hBTWJKYlJBOTdYeVh1bEw0MGNjNmJuYmRkdEowMDdLemtZNnB3QXgxLTNH?oc=5) · The Columbus Dispatch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57888 (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/32.json (key "57888", 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