# VANTAGESOUTH BANK
BURLINGTON, NC · FDIC certificate 58136 · asset band <$300M · latest filing 2012-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. 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 | $260.7M | |
| Deposits | $219.1M | |
| Loans and leases | $199.3M | |
| Total equity | $28.7M | |
| Loans / deposits | 90.56% (p88 of band) | 69.20% |
| Liquid assets / assets | 16.74% (p10 of band) | |
| Uninsured deposits / deposits | 15.59% (p81 of band) | 8.50% |
| Brokered deposits | 8.17% | |
| Wholesale funding | 12.77% (p90 of band) | |
| FHLB advances / assets | 4.60% | |
| Tier 1 leverage | 9.89% (p46 of band) | 10.13% |
| Unrealized securities loss / equity | 2.09% (p36 of band) | 3.81% |
| AOCI / equity | 0.02% (p37 of band) | |
| ROA (annualized) | 0.91% (p57 of band) | 0.80% |
| Net interest margin | 4.02% (p65 of band) | 3.77% |
| Efficiency ratio | 77.10% (p60 of band) | |
| Noncurrent loans | 2.50% (p70 of band) | 1.27% |
| Net charge-offs (annualized) | 0.22% (p68 of band) | |
| Reserve coverage of noncurrent | 17.72% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 61.88% (p86 of band) | |
| Auto loans | $352,000 (0.18% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 164.0% | |
| Employees | 45 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | losing money, expense ratio p90, reserve under noncurrent | capital falling |
| 2012-06 | 1 |  | losing money, expense ratio p90 |
| 2012-09 | 1 |  |  |

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

- 2012-09-25 [Crescent State, East Carolina Banks Merge - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxORGxpVU5rRWF3MEV4RndhX2JoLTlUdlVLeGk2bFBYakxxR0tuc0dHbzc4akRVVUN0ZWRDczlsUEFaN3BHQTdsRXo0aW1lNWI0Uy1nUUh1QkRacnkzOWNkbVA1ZmlOYzlIYnhqVE5mbUowanpUX0ZNQTYtT3QyZkh5aGFDVjdwUjdYTm1LcW1WazBlclp5eGVZbmpJSEYtYkNfV3g0YkZ4MA?oc=5) · wilmingtonbiz.com
- 2014-09-22 [Timeline: From VantageSouth to Yadkin - A look at the merger that made N.C.'s largest community bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOcGpHdFRwN1Vac0N1cGo1aS1lUXZvMmhPV3BpMzNoLXJXU0lFdWVYUHdBUHdWZjMxZnlIVnhncU9WZXZuMDI1clZxS2NMVEVBRzMzNDNuQ3g3am9HVVI3OHRKMHdhZ0xXSVp4TXVTd1NDT1FoVGtZWTk5MXBuMjRaRUp3UUY1U2VOY0EtTElvMlVDZUx1c3pKMG81QjMwOGowY3hpbENaZ0JCUQ?oc=5) · The Business Journals
- 2024-02-07 [Former Yadkin Bank CEO unaware of redlining accusation - Business North Carolina](https://news.google.com/rss/articles/CBMihAFBVV95cUxOMWVoOVQyVjZtS1FmVVdVY2doVm9sandqUGhVeW5oZEJtUmxQTmtTYmd5TlFzckpVWjNjcDlkaGRBWW4taUpUT3M4dWxWdXA1VUFqUW1PNEExdWpIY3diMWtQbGZmX2d0QkhDS2xYWjN3XzV0Z0NvLVJXSnhXZHdkOWE3SGs?oc=5) · Business North Carolina
- 2013-11-06 [Are Yadkin Bank and VantageSouth Bank talking merger? - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPYXdjZmttdTFuUjh3blVLVDFwXzhFNkJSbC1pMm44R0p1TEp3RTVkakIwTmpsUTVjTUVLUmpCT1pMazdidGRYSDYyUXRMWjVxUG04bmxiczAzcWZrT1lUNWZVc0wyZ04tbVZyck1wMnVYb1VKNWxjS3kyZ3poRTJsRlJaUmxDMTNMeTh6ZmlLWnlHSWp0V0tMQldURFZSWFBjaWVxZ05R?oc=5) · The Business Journals
- 2015-10-13 [Yadkin Financial To Acquire NewBridge - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQNmNjMEZTRHJidEJhUzNYeXBFWXhsU1RfejNFOGhwT203NFc0YlVXdy1heGFCbkVtVHJxOXFHT2R6dXhhQVlQRXQ3VkJZenhyMXFXbm9pTUFsSWRmVE03dXNtWHJzOFl5ZFgzRTlUUzZ4Y1dCRERaRmF6TXA1RS1EMVBDeHJNRGZwTGFCTW9mVHJKd2RmRy0td3ZObDdNb2Fwdkx2dnlvTQ?oc=5) · wilmingtonbiz.com
- 2017-04-21 [Inside Live Oak Bank’s Leadership Change - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxNNmVOOUNKTzN2N09lX2xuWmltRU5jOFdfY1pYY09PMUQtR3RJM1RoOTl0RjVxOENZbVpSdFAtcUdMR2h5TnROdFo4X3NtcnVET3h2a0QxX0syYkN0aDlORGZiNnZubE5JWVV0T29NZmVsYWFSNVZndVNnUFJKcXRDdUxoYUllbkM4azJ4WGJQMTVWOWVPTTdrQXRtVzlfT0hINU9sNQ?oc=5) · wilmingtonbiz.com
- 2015-04-23 [Is Yadkin Bank six months away from its next deal? CEO talks deal flow, job cuts - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxNVXJrcGhZQkxkR1RQeW81ZWR4VXdoR29RcHRXWXZnVGFZQnM5eEhhYlFYM0VtbHFsU29iWVdLUFdmbUd6dFhUN1EzOUR5THk5RG9wLUlZT19WeW9TbHBCbGR6ZU0xTGRlTnRkZXRtZktxSU4wV0t4ZVh1dXpqX3AzTEVjck5lNE0xODIzOGNSRWV6RnJhdFBfLUZjaHM3UE1C?oc=5) · The Business Journals
- 2013-06-21 [Live Oak Puts Down New Roots - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPY3ZWeWpvQlh6NVZ4SHdwYWtURTZIQjVTdVZNNHZXQkZUMXhUTG1GV2FKY0hLM0E0V3lDaXFPbVU0ZkFMbGpnM3Voajh2ZUlPNGk0aHY2RlY1YkhXVTVENmJLM0RJQ2NjOWVITDNTSlF3SHBad1EzekpyUHdkNUNROVpnZmJja2lwUjlSUDctTWNRcERK?oc=5) · wilmingtonbiz.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58136 (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/24.json (key "58136", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide