# MILESTONE BANK
SALT LAKE CITY, UT · FDIC certificate 58148 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $342.2M | |
| Deposits | $282.8M | |
| Loans and leases | $296.2M | |
| Total equity | $53.2M | |
| Loans / deposits | 102.22% (p92 of band) | 82.04% |
| Liquid assets / assets | 11.92% (p9 of band) | |
| Uninsured deposits / deposits | 16.31% (p16 of band) | 25.97% |
| Brokered deposits | 67.60% | |
| Wholesale funding | 67.60% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.01% (p89 of band) | 10.81% |
| Unrealized securities loss / equity | -1.32% (p84 of band) | -8.10% |
| AOCI / equity | 0.00% (p77 of band) | |
| ROA (annualized) | 0.69% (p17 of band) | 1.28% |
| Net interest margin | 5.70% (p98 of band) | 3.91% |
| Efficiency ratio | 59.64% (p45 of band) | |
| Noncurrent loans | 5.32% (p98 of band) | 0.43% |
| Net charge-offs (annualized) | 3.03% (p100 of band) | |
| Reserve coverage of noncurrent | 45.06% | |
| Real estate % of loans | 20% | |
| Construction % of loans | 47.06% (p54 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 | -13.9% | |
| Employees | 64 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

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

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

- 2026-06-17 [Milestone Capital Partners Issues $11.5 Million of Corporate Notes - deBanked](https://news.google.com/rss/articles/CBMimwFBVV95cUxNcFJMMkczOEFrMlNuLUlwZzUxZHNndXlKd0NsaTVTQTNrNmFXYXQxUnE3ZHVxNmZsVmszSGtaS3A2M0VFZjNsXzNFUHJWeWJ5azNwOWtDemR4VXBNdVpGVlFEclNxNUpIVm9wVVMwU3g1dXRBV1dWWDVielh2WkVxVm5JUFZxVGF2Tk1UcGdMOFVDWmNqOG1EXzk2RQ?oc=5) · deBanked
- 2026-07-06 [Klarna seeks U.S. bank charter in latest push beyond buy now, pay later - CNBC](https://news.google.com/rss/articles/CBMinwFBVV95cUxNWUJzN0VhNHZzTGlGcU9hbmVtQVNHSVpvODZxX2NhZmxrZWtsQ1JjNVVmZXdnRDlMZVAtdUh0TUlNd1JUS2Z4RTR2UlRsRk9fMWJEVkRzMFJnM1R0V3Y1bXZwZjlvMmFlWWpKaWNzNFRnX2xLQmtBa3gtZGZub3UwSDViNzBjMXk5SU92VG1nRm5CcVRWNHhqUE9pWEdrMVHSAaQBQVVfeXFMUFlpbkVScVhjQ2l5aXJOZzRSUUxhWjZITkFMaHJqOHl3R3kxNHlEYllPdjRoZjN0T3M5aG44b1haYkZQSEVuWTJfdzZtTjVDejhOQkVRRWE3RGJiVDJ1X2liZHBCMm1oVjlOUHB1bzN4WlYzNGhvdURnQ1J0U2FzclNpWlBTaGNvYnFVbVVUb0VTYkZyWk1RbFpHSkxBZ0tzRVdQSHU?oc=5) · CNBC
- 2026-01-23 [Milestone Bank Appoints Mark T. Yung as Chairman, CEO and President - PR Newswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxNOHhwV21TSzdIMFd0bzlaSDhoaXpTdjlHVkVjd1g4UnR4RWRIY3BrTWxacHZUQ090cUVMLXZMYXYyUnJzc0pFTjhSc2lkMmR5cUFFSmNtbVpkQWxQYmtMSWVKYVhXcHlHQTZOM2pGQ0c5VTltMmQ4eDlCbGlRRHZlWjcxdDlMVlFFaF9TTTFoNnB5dFBQSDlqUElwaldmWmxBcnRqNWd6bk1oVFhNWWdCdEt4MHMxOGdta2ViOE53?oc=5) · PR Newswire
- 2026-07-06 [Klarna Applies for US Banking License - Finovate](https://news.google.com/rss/articles/CBMia0FVX3lxTFAtbERaenM1ejBYMnIyQm1yU2RMOHNQSGRxd0Q3c3h3QjdFRUxQRHM4LXlSeXotMjk1dW9YZU56dTJFOFBRLUc2emFvMWZ4QmVSZnd4azVXaG5uRURvVlp1YThwb1RIZkE1ejJZ?oc=5) · Finovate
- 2026-07-06 [Klarna seeks a bank license to directly rival US institutions - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPZV9CWVdEUTlISm1XSmZZcWNXdXZJZFdyZklBMFJDUlpNcjBGamJUZHJEblJFLWFFekIySk5IU1FPN0RyN3pqUnZELWZvMmhKU3l4TWppejlRRFdnRjJhd3ZaNTZZem16VU1ha1VtbjhjY1hwdUNxMnc3ZUJvdXZZSHNISVFEeS1jLUtocHY0aWdCQzA4clp1T21GM0p5NVdTQm5tWjgyMHA?oc=5) · American Banker
- 2026-07-06 [Klarna applies for US banking licence with Utah charter - FinTech Global](https://news.google.com/rss/articles/CBMilAFBVV95cUxNYXUwTVE2S2o1MmFSbXl6ZFlGa29FUDFlZjFxMms4aHBia0R6alNqQmV1M2htOHJRYVByNS1iZ0ZRTHpCelRYQVFmV2hZdml0cFdzbVdGdTlpR1VjeDJ1ak9wcDNfd0NDcW1CVm9vb2d3RlZhTjhzak0yOEFZS3JVTEJmemdVc0FNRVlDTU9pNEd0WWNY?oc=5) · FinTech Global
- 2026-06-30 [Nearly $40 Million in Utah-focused Deals, Announcements Regarding 14 Utah Entities, Including 7 Executive Changes — Say Hello to NEWS OF NOTE No. 3 - Utah Money Watch](https://news.google.com/rss/articles/CBMi_AFBVV95cUxQc2phSzBabGZyTFpEZDlsQjZISUxVaTJCZEdxT1ZBMnpndzd2REFCM3RvLUJPOXpaRE1DRFNnLWtzd0NORzl4SXRyVWpYUFA2XzMyUlJqMDIwQlBFLW16M0NJSkViaWhvenBzNEYwRkZmcXQ5SkZuR3dvcDAxTVdoR0VzUDRjMEV6bkNwUUw1UU04dGxuZzJ1WkFJNTZRcXRqcDE0bWFjT3RIRHZXTGN0cVpwSUE3TUxwbXgtaU1tRVEwSjRwSVBCS1BFYW9xNEVZYlZMYXhRclN2RDN3bi1lelNsM0tnSzgyT29IYjhBX2tWTElMc2RITktndDA?oc=5) · Utah Money Watch
- 2026-07-06 [Klarna submits applications to Utah Department of Financial Institutions and FDIC to establish Klarna Bank USA - FX News Group](https://news.google.com/rss/articles/CBMi6wFBVV95cUxQUTNNdU1TdjJHak5tUHY5enhEd0FUNkVjdzNPZTMydnlOTm80eGtadDgyN2dBckxlMm5xb3AzbzlYaURRVEE2TjRQdVlTNHdCbUpFZm9oR1o3RFdyUnNOSC0tbGI2S1kzSGhjdHQ2MjJ2U3NzWEZrN2pmaExwb2ttV2dxQ2JhRDY1MHhNWUxvNDFra3dnbmNPQTlvYXdNc0lmSk8wUDI5QXdkYkxrcVY2UWNQNEpIQldQSGl3SlRINm10azh1SklvVWRhY0xWRkFtRng3NXhYc2ZDMEFtanB5aEJsX1RweHlfLWpn?oc=5) · FX News Group

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58148 (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/36.json (key "58148", 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