# COMMUNITY BANK OF ROWAN
SALISBURY, NC · FDIC certificate 58250 · asset band <$300M · latest filing 2011-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $144.5M | |
| Deposits | $122.3M | |
| Loans and leases | $108.9M | |
| Total equity | $17.6M | |
| Loans / deposits | 88.63% (p85 of band) | 70.28% |
| Liquid assets / assets | 14.78% (p8 of band) | |
| Uninsured deposits / deposits | 6.95% (p43 of band) | 8.25% |
| Brokered deposits | 15.35% | |
| Wholesale funding | 18.11% (p94 of band) | |
| FHLB advances / assets | 2.77% | |
| Tier 1 leverage | 9.72% (p46 of band) | 9.92% |
| Unrealized securities loss / equity | 0.85% (p27 of band) | 3.23% |
| AOCI / equity | 0.26% (p33 of band) | |
| ROA (annualized) | 0.74% (p53 of band) | 0.69% |
| Net interest margin | 4.28% (p74 of band) | 3.86% |
| Efficiency ratio | 56.87% (p13 of band) | |
| Noncurrent loans | 1.91% (p59 of band) | 1.38% |
| Net charge-offs (annualized) | 1.69% (p95 of band) | |
| Reserve coverage of noncurrent | 22.54% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 70.81% (p88 of band) | |
| Auto loans | $273,000 (0.25% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 23 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | brokered >10%, wholesale funding >15%, leverage <7%, losing money, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  | leverage <7%, losing money, construction >100% equity |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |

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

- 2013-01-31 [College Alumnus and Trustee Is One of Three Picked for NC State Board of Education - Catawba College](https://news.google.com/rss/articles/CBMinwFBVV95cUxQelVDRHN2NVZpUEZaRUxPdVFFNXdCSTdwQmNpZnFFY3E2ZmxNNnB5a3I1Ujg1ZUQ1UHloS05hWlhEMzNNRG5DNEhSNGZOVWF3c0RUYlJERjQ2b09NSG0wd0VaWndRR3VOc3NVeXhkTFNVUndIeUV3OTNaRDBRMHo3NlVqZ3hZZ3g2WmR3aDZSU3BKb3hObU8wSHJZNEpMaVU?oc=5) · Catawba College
- 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

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58250 (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/10.json (key "58250", 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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