# PROVIDENCE BANK
ALPHARETTA, GA · FDIC certificate 58189 · asset band <$300M · latest filing 2019-06 · 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 | $91.7M | |
| Deposits | $72.2M | |
| Loans and leases | $61.8M | |
| Total equity | $14.5M | |
| Loans / deposits | 84.51% (p63 of band) | 77.89% |
| Liquid assets / assets | 16.28% (p16 of band) | |
| Uninsured deposits / deposits | 14.15% (p43 of band) | 15.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.91% (p69 of band) | |
| FHLB advances / assets | 4.91% | |
| Tier 1 leverage | 12.59% (p64 of band) | 11.44% |
| Unrealized securities loss / equity | 0.55% (p50 of band) | 0.54% |
| AOCI / equity | 0.28% (p20 of band) | |
| ROA (annualized) | 0.15% (p7 of band) | 1.03% |
| Net interest margin | 4.32% (p78 of band) | 3.82% |
| Efficiency ratio | 94.70% (p94 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.54% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 89% | |
| Construction % of loans | 74.11% (p90 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 14.0% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | losing money, expense ratio p90, NIM <2.5%, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 6 |  |  |
| 2011-09 | 8 | capital falling, charge-offs p90 |  |
| 2011-12 | 8 | leverage <7% | charge-offs p90 |
| 2012-03 | 8 | assets shrinking | NIM <2.5% |
| 2012-06 | 9 | NIM <2.5%, deposits shrinking, uninsured deposits leaving | capital falling, leverage <7% |
| 2012-09 | 7 | leverage <7% | construction >100% equity, NIM <2.5%, uninsured deposits leaving |
| 2012-12 | 8 | capital falling |  |
| 2013-03 | 5 | NIM <2.5% | losing money, expense ratio p90, assets shrinking, deposits shrinking |
| 2013-06 | 3 |  | capital falling, NIM <2.5% |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 |  |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2014-12 | 0 |  | leverage <7% |
| 2015-03 | 3 | leverage <7%, deposits shrinking, assets shrinking |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | losing money, expense ratio p90 | assets shrinking |
| 2015-12 | 5 | liquid assets <10%, assets shrinking | losing money |
| 2016-03 | 2 |  | leverage <7%, expense ratio p90, assets shrinking |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | liquid assets <10% |
| 2016-12 | 2 | losing money, expense ratio p90 | deposits shrinking |
| 2017-03 | 0 |  | losing money, expense ratio p90 |
| 2017-06 | 5 | liquid assets <10%, expense ratio p90, charge-offs p90, deposits shrinking, assets shrinking |  |
| 2017-09 | 3 |  | liquid assets <10%, charge-offs p90 |
| 2017-12 | 3 | losing money | expense ratio p90 |
| 2018-03 | 4 | expense ratio p90 |  |
| 2018-06 | 3 |  | losing money |
| 2018-09 | 4 | losing money |  |
| 2018-12 | 5 | uninsured deposits leaving |  |
| 2019-03 | 2 | capital falling | deposits shrinking, assets shrinking, losing money, uninsured deposits leaving |
| 2019-06 | 1 |  | capital falling |

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

- 2026-08-25 [Valley National Bank to acquire Chicago-area lender for $247M - Banking Dive](https://news.google.com/rss/articles/CBMioAFBVV95cUxOOV9aOVNVbnN4c3hXOExXUlpTTEhxbGlxd0N6UjJFWTl4QWlpWnVCY3FCUWpqS0RBUkRPdk1rY1NWY3kySlgwTzVKVmdPZ2RrVE02eVBncVZXMUUyeUJTcDYtdW5IVkJjd1Q3M0dOalN4bG1IZmRhN2pGR0NNS25BSEkwQ1I0WGRWc1kzaEc3Y0RaS2cyQlF5TWt1cXVXUzN5?oc=5) · Banking Dive
- 2023-08-30 [Rocky Mount’s Providence Bank to acquire Coastal Bank & Trust - Business North Carolina](https://news.google.com/rss/articles/CBMiigFBVV95cUxNc0VWSzNFQUVBd2ZJRk8yX3VpMGhrU21Za3AwQTBCZjlfbHlHTzdvcWlKZWxWejcweGVqQ2Uyb2lUY0xkdEt2OEh6QmhhWnk2OGlVS0NnanlIbm9EMG5FN1ZvbTdNNXVDenlhRUoyaFd3Y0RUR0VpN1pnZkFIM1ROOE5qWTFuN1dTeVE?oc=5) · Business North Carolina
- 2022-06-13 [Smith to Retire as President and COO of Heritage Southeast Bank - ABF Journal](https://news.google.com/rss/articles/CBMilgFBVV95cUxPSTdwVmpweFNtV041cGxnWnZMaEtwQm1CVjBpUTBWWW5kWUtFOWhxZGEtTkgzaVpncjgxZzF5eVZTT1JaRjlsUktGcGE1cFMtRW1TV3hDckxkaXpyWF9kMFhWcGFvRVRRQ3VJS0pDSTRXRXIzc3hLempQSUNWVFdEc1JqYVYwdjFKMThDT2Z5N3dCb3c4OFE?oc=5) · ABF Journal
- 2022-09-01 [US Secret Service uncovers bank fraud conspiracy exploiting Providence area homeless - RINewsToday](https://news.google.com/rss/articles/CBMirgFBVV95cUxPdjdnREwteFV6alhwQmM5SERxQnd0cTk1RXhma1ZGV0VTek9sX2hDWlBaRmdMZThXcVJxN24xemJEdkJuRFhOUGJmc2Z1R1NrVUw3enVLWXZPQTM2Ukx3REtqV2JVd1FKTnJXU3hEZ3JLOE1veGdQMmVOMGpWSUxOUXZoUm1jV1NFWEdFT0NVQmprVGRIXzhJN25Jc3Zyc1ZjSUxpNjFuV3gzMDRKSWc?oc=5) · RINewsToday
- 2021-07-07 [Man pleads guilty in $480K fraud scheme that used RI homeless to cash counterfeit checks - The Providence Journal](https://news.google.com/rss/articles/CBMizwFBVV95cUxNdDAyM19wd2VIa2hNVXBrcDNaWGFJVzBpQWhHdkcxXzZta0wtQ0ZnZTFoTkVmOVJBQ2ZDdmNINnc5ekJlSUpreDBiaWhfYjl5M0JMbEpGRmQtblloaDJkVUp2Z3V5ZWFic20tSHJSNTZSMHEzOFRyeENIX0Y3SlluUHJoSWR6akNZQmYxTGRuZG0xbGI3WnA1WXpBV2Q5T3AxSm1TcFFYbTJsUV9GaG1HYWZZdEhfeFlFeDI2c3NlUG42ZVE4ejQ2bEVkTkRyMVE?oc=5) · The Providence Journal
- 2020-09-09 [Heritage Southeast Bank Hires DeeDee McIntyre as First Vice President, Senior SBA and USDA Lender - Business Wire](https://news.google.com/rss/articles/CBMi6AFBVV95cUxOOHdvVnZmc0MyUWdUMl9NM0xHdGs0bmQ2MUZXM3dOdUNvYjVpb2lnb3pmUXFXamp3T0ZIMk94aE5HMDhlS2ZBWHQ4aUxmdS1SSnJTSFBxS0dSSzJkZUZxZEliQWp6b2hjU081bFA3Zy1kMTRMTVRGWnRZU2pydzJiUnQ5aUFLNS0zWmV0MjBjWWkydzR6Mmw3cjJJTG1NSTRDR0gwdUZsV3BCa1llOWp6M3JmcXVYdmIyLWFHWnJyaGZmRzh2VzhOMWdMWFFSbjZLZmdaeDJEUlduZFh3NE54djFGRGR4ME9s?oc=5) · Business Wire
- 2021-02-22 [Providence Bank (MO) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMigAFBVV95cUxNeWQ3NkJ0SHNpQ0pVaDlGMWdybUpYczNSTVUwUnMxMzZnNUdKejA2TEw2c0hnd3otMGFCN2pPNGxhNGl0eUhYZ3BZUEdvRHRNTkdnSlJhamJTVkFaaloyOVhFQ1lBMjU4WldxZGFtUnpDM0Y1ZFpWM2JLTUdiR3JSdQ?oc=5) · SmartAsset
- 2022-06-16 [GA Man Sentenced For Using RI Homeless People To Cash Fake Checks - Patch](https://news.google.com/rss/articles/CBMinwFBVV95cUxNVUJQb0hEZk9kbkNzMkNWTXVKREJXMnl0WWxaR25tbl9qU29YMGQ2OUxERDJObTRsakVWZGtQSlhDa1JIQ1hSaDlMMTV3WVhtOXBqN2N4REFFNDg3X0RrekdNSjczSnBzOXhsVFFTckhNZ0VDWURqVXBaZnQ3TEpmOGJQdEgxamxBTEtHa3RuMGFDNXRBV1hscEVnd0docHc?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58189 (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/13.json (key "58189", 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