# FIRST RESOURCE BANK
EXTON, PA · FDIC certificate 57967 · asset band $300M-1B · latest filing 2026-06 · live

**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 | $840.9M | |
| Deposits | $749.9M | |
| Loans and leases | $726.9M | |
| Total equity | $69.7M | |
| Loans / deposits | 96.16% (p84 of band) | 82.04% |
| Liquid assets / assets | 11.15% (p7 of band) | |
| Uninsured deposits / deposits | 28.22% (p60 of band) | 25.97% |
| Brokered deposits | 11.68% | |
| Wholesale funding | 13.37% (p84 of band) | |
| FHLB advances / assets | 1.68% | |
| Tier 1 leverage | 8.62% (p7 of band) | 10.81% |
| Unrealized securities loss / equity | -2.40% (p76 of band) | -8.10% |
| AOCI / equity | -0.36% (p49 of band) | |
| ROA (annualized) | 1.37% (p55 of band) | 1.28% |
| Net interest margin | 3.98% (p54 of band) | 3.91% |
| Efficiency ratio | 53.17% (p25 of band) | |
| Noncurrent loans | 0.12% (p25 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p19 of band) | |
| Reserve coverage of noncurrent | 651.42% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 147.68% (p96 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 24.8% | |
| Employees | 81 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 2 |  | capital falling |
| 2012-03 | 3 | wholesale funding >15% |  |
| 2012-06 | 3 | capital falling | wholesale funding >15% |
| 2012-09 | 5 | loans exceed deposits, wholesale funding >15%, liquid assets <10% | capital falling |
| 2012-12 | 3 |  | loans exceed deposits, liquid assets <10% |
| 2013-03 | 7 | loans exceed deposits, liquid assets <10%, charge-offs p90, uninsured deposits leaving |  |
| 2013-06 | 6 |  | charge-offs p90 |
| 2013-09 | 3 |  | loans exceed deposits, liquid assets <10%, uninsured deposits leaving |
| 2013-12 | 4 | capital falling |  |
| 2014-03 | 4 | liquid assets <10% | capital falling |
| 2014-06 | 5 | loans exceed deposits |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 7 | capital falling, uninsured deposits leaving |  |
| 2015-03 | 5 |  | capital falling, uninsured deposits leaving |
| 2015-06 | 4 |  | loans exceed deposits |
| 2015-09 | 4 | loans exceed deposits | liquid assets <10% |
| 2015-12 | 6 | liquid assets <10%, construction >100% equity |  |
| 2016-03 | 7 | capital falling |  |
| 2016-06 | 8 | uninsured deposits leaving |  |
| 2016-09 | 7 |  | uninsured deposits leaving |
| 2016-12 | 4 |  | reserve under noncurrent, loans exceed deposits, liquid assets <10% |
| 2017-03 | 4 |  |  |
| 2017-06 | 4 | reserve under noncurrent | capital falling |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | loans exceed deposits |  |
| 2018-03 | 7 | liquid assets <10%, capital falling |  |
| 2018-06 | 5 |  | brokered >10%, wholesale funding >15% |
| 2018-09 | 4 |  | capital falling |
| 2018-12 | 3 |  | liquid assets <10% |
| 2019-03 | 3 | capital falling | reserve under noncurrent |
| 2019-06 | 4 | liquid assets <10% |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | liquid assets <10% |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | liquid assets <10% |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | construction >100% equity |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | liquid assets <10% |  |
| 2022-09 | 2 | loans exceed deposits |  |
| 2022-12 | 3 | uninsured deposits leaving |  |
| 2023-03 | 3 | construction >100% equity | uninsured deposits leaving |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 4 | charge-offs p90 |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 6 | brokered >10%, wholesale funding >15% |  |
| 2025-12 | 4 | capital falling | liquid assets <10%, loans exceed deposits, charge-offs p90 |
| 2026-03 | 3 |  | wholesale funding >15% |
| 2026-06 | 2 |  | capital falling |

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

- 2026-08-20 [First Resource Bank Strengthens Executive Leadership Team with Key Appointments - PR Newswire](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPOFl6VWd2YUxNTVZSRUhzR0VjVjduUlFRLWdaV0QzTlNZT2Ita3RUVDdWTmI2azdXVjFlMW9ycWRrZXlsQjhwNXFlLWt6d3VYR2F6enlQNWN5Ykd0LU05THlQekNHWjdVQmdRQlplbllOTVNMb3dSazN3QkJMdDVuSVFsLW90Z0ZFQkY3YTNlSU9iYm9wWVdWaGt5UVNURGRIRXAwZlM1NV9obWRYTkhuT1ViUkN6WTd0UVl5TU9qbVlIZDctc1hSN3FSRzhiSFl2?oc=5) · PR Newswire
- 2026-03-30 [Philadelphia Fed Appoints New Members to Community Depository Institutions Advisory Council - philadelphiafed.org](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOZ0FTdlUwWE5NcFhJYnZYMzBsempTelNMVVlQT1RPQURDSzloVFg3dVU0MlA3cUZreXRuS24zRVE4Q0phMHIyY0tYcUxQMklwdkpFQ3c0cGhrTVpnMEZCVmN1ek41SkdVb3p6SjNkVVlZdkllY3NNcnVibUVxVzlFUF9aTGY4MTNFdkRmT2pSdFJvRzBYX1VOaHptSE5TRHJfYzFHekNTU1FSS0RrRk15U0dNWmN2bzZ1MFVad2NYeldQS3Z6U09raEdwREtFVXRMWjhVV0tR?oc=5) · philadelphiafed.org
- 2026-08-30 [First Resource Bank Adds CFO, Lending Chief to Drive Growth - MyChesCo](https://news.google.com/rss/articles/CBMisAFBVV95cUxNSk8wVzdNQmY5TmdjSjZkcE5kbWVSTUxtSVZLanNDdHNydXRwX0RBN05raURPbjIxZm9UZ0Zxem5NZVozZGZERGdUblBqdzd0eWM2VXRsZkk0d01KUmh1aGRyWHdQWTBSWk5saHpoM0dESEdkSXlFRXl6VTNVWlJFdURqdnFtQ1ZtZ1NfUGVrTjNNR0NXOFY5MThWbWlKMjczT1FZbmtfVnVIaTdvaFpuVg?oc=5) · MyChesCo
- 2026-04-10 [2026 VISTA NextGen Superstars: Chris Cooke - VISTA.Today](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBhZUM3ZTVZNVdxWEtqT0lpZjNHUm96MjZQNU1PdnFMSVhKLVpYaGdwUEw0MmNTLXQ0bzdNVTl5MVZYOWtkWDh1d2lxNU9JdTdlTWMxRnNOcDlvVlNFOGc?oc=5) · VISTA.Today
- 2026-07-23 [First Resource Bancorp, Inc. Reports Record Second Quarter 2026 Financial Results - Morningstar](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNNi11elFHb0ctQUdpMHRpLWdLQmdvWHFxTTN5RkpCUlJyS05vdlpVUnBvbXRhYlR0QnBucWhrc1dZZkh3RnFmMnA1ekxPVXdSUzhqQXoxaFYzX3FtWERaRzltN19CTlV2bXQ3bU5tR2dTN21kazR3QVhKbDRzV21hWmlqYnNfR2ZZWlNQV2YydkxGeWxyMDRGM2VSNVktT2dUOTQ5TlNxQ2VxTDdXOEFVTXMzUWoyd0JqMjJCU1p4Mm9ZeDYyXzVRbzR5ZGdTQXVZSWJQRk8yNA?oc=5) · Morningstar
- 2026-07-27 [FIRST RESOURCE BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND - PR Newswire](https://news.google.com/rss/articles/CBMitwFBVV95cUxNeFBGay13dERPVHRHQW1yMnJnblVDaHQyb0JxSjVxNzFQZWxmTUN3c0l6NHdzSUIwUHZ0MGJWMmJsY3VudE5fSUREaEptbGt1d1hxczZ3M3BJRkRUcjVrR1M2QnYwVVNlRmw4ZVplWk4weklXZ0Y3eXRGMkRXdzlVY2NJVVg3NmRBXzNjMjdJdmstenJ6ZzZDeUF2aE5uNVNQdU44akwxaUhJWnlmaDdmM3VBbVBidGM?oc=5) · PR Newswire
- 2025-11-19 [First Resource Bank Named Best Bank in Chester County for Ninth Consecutive Year - citybiz](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOV19ybDdEZVF1S0V0b1hqbmQtdUtRaThQV0gtTGRadHpxT0RPUzFEeXZBbVVvZHhHYXNBcEc0dEtZSXZnZG8xRXhLMGtNRmZwSjRpU2hxVnVjVjZmNFNuaGplalAwOHJiVmRDY1N1N1JvbXNBUm9EdEw0akZaVU1Rdm5JbTFXVHpHTnFyWVJjR2FmeDJ4Y3paNG1aVE92ZGRhSlNXLWVUQ3ZzVkdjcEJFRDdaekVpSUFjLTFz?oc=5) · citybiz
- 2024-04-03 [Lauren Ranalli takes helm of First Resource Bank joining a small number of women CEOs in the industry - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxQQUhyMmw3SlpNSzZuZERIOXZ5NU5rYjNiT1lJTVBXWm1MeVMtQWMwWVR4ZGRXTlJGOWpDYVd1Q2lEdU54SGl4Q2hTem9FU3c4MHBBSjRuX0pHLWdiWmJvMGFDV0ZEU1hmOUNYczN3X3VTUXlrRHlfbl85R3hQMjNIelAtbDZHaG1NQk0ybGdBRUw1VVBkaW43dlhIWkhGSHhRWldwSWRpVWdUSXVv?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57967 (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/47.json (key "57967", 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