# FLAGSHIP BANK
CLEARWATER, FL · FDIC certificate 58113 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $802.8M | |
| Deposits | $670.4M | |
| Loans and leases | $630.1M | |
| Total equity | $97.8M | |
| Loans / deposits | 93.06% (p77 of band) | 82.04% |
| Liquid assets / assets | 19.22% (p29 of band) | |
| Uninsured deposits / deposits | 45.27% (p92 of band) | 25.97% |
| Brokered deposits | 4.36% | |
| Wholesale funding | 8.10% (p71 of band) | |
| FHLB advances / assets | 3.74% | |
| Tier 1 leverage | 11.69% (p65 of band) | 10.81% |
| Unrealized securities loss / equity | -0.06% (p96 of band) | -8.10% |
| AOCI / equity | -0.06% (p69 of band) | |
| ROA (annualized) | 0.96% (p30 of band) | 1.28% |
| Net interest margin | 3.42% (p24 of band) | 3.91% |
| Efficiency ratio | 60.30% (p47 of band) | |
| Noncurrent loans | 0.02% (p12 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p57 of band) | |
| Reserve coverage of noncurrent | 6192.00% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 67.03% (p69 of band) | |
| Auto loans | $296,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 11.5% | |
| Employees | 75 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | loans exceed deposits, brokered >10%, wholesale funding >15%, liquid assets <10%, losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 6 | noncurrent p90 | loans exceed deposits, liquid assets <10% |
| 2011-09 | 7 | capital falling |  |
| 2011-12 | 5 |  | charge-offs p90, capital falling |
| 2012-03 | 4 |  | losing money |
| 2012-06 | 4 |  |  |
| 2012-09 | 6 | deposits shrinking, assets shrinking |  |
| 2012-12 | 3 |  | brokered >10%, wholesale funding >15%, noncurrent p90 |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 | noncurrent p90 | assets shrinking |
| 2013-12 | 2 |  | noncurrent p90 |
| 2014-03 | 3 | charge-offs p90, uninsured deposits leaving | deposits shrinking |
| 2014-06 | 5 | loans exceed deposits, losing money, noncurrent p90 | uninsured deposits leaving |
| 2014-09 | 6 | capital falling, uninsured deposits leaving | loans exceed deposits |
| 2014-12 | 4 |  | losing money, uninsured deposits leaving |
| 2015-03 | 5 | brokered >10%, wholesale funding >15%, losing money | noncurrent p90, capital falling |
| 2015-06 | 4 |  | losing money |
| 2015-09 | 5 | capital falling |  |
| 2015-12 | 1 |  | charge-offs p90, brokered >10%, wholesale funding >15%, capital falling |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | reserve under noncurrent |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | deposits shrinking |  |
| 2018-12 | 2 | assets shrinking |  |
| 2019-03 | 1 | charge-offs p90 | deposits shrinking, assets shrinking |
| 2019-06 | 2 | capital falling, deposits shrinking | charge-offs p90 |
| 2019-09 | 0 |  | capital falling, deposits shrinking |
| 2019-12 | 1 | NIM <2.5% |  |
| 2020-03 | 2 | losing money, expense ratio p90 | NIM <2.5% |
| 2020-06 | 5 | loans exceed deposits, wholesale funding >15%, capital falling |  |
| 2020-09 | 4 |  | capital falling |
| 2020-12 | 2 |  | loans exceed deposits, wholesale funding >15% |
| 2021-03 | 1 |  | losing money |
| 2021-06 | 2 | construction >100% equity |  |
| 2021-09 | 1 |  | construction >100% equity |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | expense ratio p90 |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | capital falling |  |
| 2022-12 | 0 |  | capital falling |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | capital falling |  |
| 2023-09 | 0 |  | capital falling |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2021-04-08 [Flagship Bank set to open downtown St. Petersburg office - St Pete Catalyst](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOTDNLc3EwYjJSUXpfRHVKeFdia1M1RXN6WG9FNjZQMG9sMHJvS24yeHQteW9sMm5XV2xzaVRwd1g4X0QxczE0Y1NvUDZlYWc5UVF5V0FrUDduaWdpZVFJSXBIZkpKUDg5X2FVQkdiS2YtaEd5NzdaYS1zRER4LXZZcVBwZEZVbmNqMVIw?oc=5) · St Pete Catalyst
- 2024-09-23 [Flagship Bank appoints executive vice president and chief administrative officer - TBBW](https://news.google.com/rss/articles/CBMisgFBVV95cUxPMldhWkxnTlRXb0hMbGc0aExkNS1HSm04ODNmMVE3aW5fNHhuNGdtdnM5aFBCTFRsNXpUMlZSa29lNW1jN3JWRUZvYnRFeDU5VWU4aVd4RWs5YWxZbEFwT1hvdjBSdUZsUEFEZGZqS19vTF9Jc1VHcWtoODBNUm92QlU4RXdGS2pCU3liN3liaWYwQnpsbTBuWllKeGJJYy0xYkJVOEtsU3JOc1lOYnRUNWlR?oc=5) · TBBW
- 2023-06-08 [Exclusive: Flagship Bank CEO to retire, successor named - The Business Journals](https://news.google.com/rss/articles/CBMijwFBVV95cUxNRThjakNrWFZLaEhiSkhiV3E1TmVCTFlPMWlyM0tDc2VsTkx5c1RVaVQ3Q1VTN0FKRGQ1eVpVRlVDcHpTb2RWdWs4QnJRSWdjREtaQ1NuNW51Sk9URWFvRWdUbmJfRWt3NEtaMGVrZlRXUDFVMGxOdUNsZHdtRHQwcFV4cEh6bGtzOFdvRWpWNA?oc=5) · The Business Journals
- 2023-02-16 [Toho Water Welcomes Bank Florida’s Tom White to Board of Supervisors - Positively Osceola](https://news.google.com/rss/articles/CBMipAFBVV95cUxQZzg4QmtFcW1PZ25INGJUVXBoWDZSMTV6QXBsWXlpcWc0X2RxVWVfSHlSaWlva1pmeGpvdUg0OWt5SzRkcW53bTNwdndmSDJPcVhKUFBlQW1vM2hJZUhnNlk2bkNEQ2Fuc1kyMlQxN1NQS3VTTDl4dGw1QVo4MERZS0k0dlFQOVRmbWNGVU5OeEZhaW5hNUtGYmFVdTU3Q0FUSVB0Zg?oc=5) · Positively Osceola
- 2026-01-23 [Veteran bankers see opportunity amid surge of industry consolidation - Business Observer](https://news.google.com/rss/articles/CBMiogFBVV95cUxQSkdSbkNMaXY4UDBYWXB3dlN3bGg2dU5RcVRuMDFBUDg0YXRTR1RHTHFrTGZ0VE0xdjVFbTJCWk4yMk9MY3JrWnZLeW1ZUmpkTXBCVTc2TWVBMG84YW5uRGpzem94NjA4NEJSVTl6Z3p4R2VMTmcwSENDMUhtN2J5RENQSVh6UHlNQVpxU1FtaF91cU5WTEtXTktpV05LQTJDdEE?oc=5) · Business Observer
- 2021-11-01 [Climate First Bank to Open Net-Zero Office in Winter Park - the32789](https://news.google.com/rss/articles/CBMilAFBVV95cUxQTlVvWmtleUlaN1EwMzdUMExKSDdfWENwM0x3QUl0QnR5S3NRRXZhcEZIb3l5QTN4Tmg0TElpS2EzblFJV0VUQ2dwaHdDWXM1cDY4Z1FBakdoem5LTDZGc0lGQ0JJdjJfQW5ieWF2SnZGMHJ4NWRaSzFNMWE3WngtUnZ1eEhKVWF4WE8wRGNjcktoajB30gGcAUFVX3lxTE1XZHUxNjFzYnpXQ2RnTHNTZGtJbjJNU2N0RzktVGZ6eDNMY0lfVndickJfaFBoV19YamlVZnNoZzRSLVR2aDQ3MVF1czJ6RDJ4NFYycG95Ujc3M0E4VmU3LWlRblJodldwOEI2ODA1M0p6aGJybnpuWHFmcktHaW52OGt5OFM1SllFcFRycGVUWjNNWmdjb0VBUDlPYQ?oc=5) · the32789
- 2026-05-13 [National yoga franchise CorePower Yoga to take over former bank building in the EDGE District - St Pete Rising](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOX3pFU3JHUjlKa0s4aURzYkxkb3ZtUS02M0dEcUdJYlZYdnZtUnVwNkNaTDJRdGRlX2p1dmtRYVdoOENnX0xYUEJkVVJMSUtjeXZiOThFbzVwY1FCajdtdV93RE1VZXJLNEplNWlXTG15N1NvdGx5elh4Uk1zVS1PQXhXUlRIWjVHbk04WFpIMW51dzlDRlE2RkxkQmZLbU5MN0lkODRodXIyYWp4ZU01N1B1clNuTndaVC1kVHBRM3U?oc=5) · St Pete Rising
- 2025-05-28 [Howard Davis Obituary - (1936-2025) - Orlando Sentinel](https://news.google.com/rss/articles/CBMicEFVX3lxTE1mZnlETXZETWItQVJ5RTlLN3hGSDYzN3BSdmM1azNpQVpCRWgtQ0xqUkNHSm8tcWJocl95ZjVYeGpCVWV5c01oX1dMZExrQUNEZUJQbHBleV9CSWFkZHZaLTZRd1d0SmZvcVhFcUNIMUo?oc=5) · Orlando Sentinel

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58113 (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/1.json (key "58113", 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