# SOUTHSHORE COMMUNITY BANK
APOLLO BEACH, FL · FDIC certificate 58056 · asset band <$300M · latest filing 2011-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $41.3M | |
| Deposits | $41.4M | |
| Loans and leases | $31.7M | |
| Total equity | $-324,000 | |
| Loans / deposits | 70.94% (p48 of band) | 71.80% |
| Liquid assets / assets | 18.77% (p16 of band) | |
| Uninsured deposits / deposits | 0.57% (p4 of band) | 7.92% |
| Brokered deposits | 0.84% | |
| Wholesale funding | 0.84% (p39 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | -0.77% (p0 of band) | 9.80% |
| Unrealized securities loss / equity | – | 2.62% |
| AOCI / equity | – | |
| ROA (annualized) | -9.33% (p0 of band) | 0.68% |
| Net interest margin | 2.95% (p11 of band) | 3.84% |
| Efficiency ratio | 178.00% (p99 of band) | |
| Noncurrent loans | 16.08% (p99 of band) | 1.53% |
| Net charge-offs (annualized) | 0.00% (p22 of band) | |
| Reserve coverage of noncurrent | 45.95% | |
| Real estate % of loans | 95% | |
| Construction % of loans | – | |
| Auto loans | $53,000 (0.17% of loans; DQ 41.51%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 11 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  | construction >100% equity |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2011-07-22 [Sarasota's LandMark Bank seized by regulators - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMirgFBVV95cUxOUDlpb0ZEdnRmU2V4TDVRaGowLUdZSnJqbzZQNG5zTEc1MG9vRWw2bG5USFAtenRvdm11d2dQSTM5VlhhNklFU09rc3k4b0tZY3podmRDcUp1dmZwMzFlcEI3QU1kdkJHODVvdTJqWVRVaHBSbzEtVjk0djNOVWNZbkhnUjlqV294d1hwOU8wRHdqbWFqVTdFLXdNbnozUVNqN1EzY2hYUDdDdDVVVnc?oc=5) · Sarasota Herald-Tribune
- 2011-10-10 [Snapshots from the Vault - Florida Trend](https://news.google.com/rss/articles/CBMidkFVX3lxTE9nbEpjYjRZdUtzcEJYWFJkQ0lWSndsZUNyY2wxWlNNS0VHZm1PajdVRmlDbDF3cnZmaFFSLTJfMDl1N080OGxzX2RrdnBEUkRGYjFmOXJoa1EwWGgxTWs3TWtvQk9faUQ2YU04U2lBMWZmaWVTMHc?oc=5) · Florida Trend
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2018-02-09 [Banks fell in the Great Recession, but they're stronger now - Naples Daily News](https://news.google.com/rss/articles/CBMitAFBVV95cUxPei12aGhVOUtaMDZOR3hMM1BaaUNfckgyanNFSnZ5YXRJMFR2TERZTy01WnZ6Q1had1VmUDZOVm1BQTNXclVwN2dPdkU5ZkNlb3dqLWRjYl9RZnd2NjFOVGVnUUduYklqVDUzRXlPcmZFNU5RNGJDT28xZWkwS1huVXJMU20tcGhTVXByVDBpSUd0NVVuY0R0S1hTcFVfN0ltVlFEdm9iQ1NpYkZnZWI5dXVCbVE?oc=5) · Naples Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58056 (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/8.json (key "58056", 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