# MARLIN BUSINESS BANK
SALT LAKE CITY, UT · FDIC certificate 58267 · asset band $300M-1B · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 6 (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 | $836.8M | |
| Deposits | $0 | |
| Loans and leases | $818.6M | |
| Total equity | $158.6M | |
| Loans / deposits | 0.00% (p0 of band) | 68.49% |
| Liquid assets / assets | 2.08% (p0 of band) | |
| Uninsured deposits / deposits | – | 27.18% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 73.72% (p100 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 17.43% (p96 of band) | 9.74% |
| Unrealized securities loss / equity | -10.20% (p3 of band) | 0.00% |
| AOCI / equity | -0.04% (p89 of band) | |
| ROA (annualized) | 2.42% (p97 of band) | 1.15% |
| Net interest margin | 7.01% (p99 of band) | 3.31% |
| Efficiency ratio | 79.37% (p88 of band) | |
| Noncurrent loans | 0.44% (p59 of band) | 0.31% |
| Net charge-offs (annualized) | 0.77% (p99 of band) | |
| Reserve coverage of noncurrent | 657.83% | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p2 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 | -100.0% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **capital falling** (`cap_falling`)
- **charge-offs p90** (`aq_nco`)
- **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%, charge-offs p90 |  |
| 2011-06 | 3 |  | charge-offs p90 |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 5 | liquid assets <10% |  |
| 2012-03 | 4 |  | capital falling |
| 2012-06 | 4 |  |  |
| 2012-09 | 5 | capital falling |  |
| 2012-12 | 5 |  |  |
| 2013-03 | 5 | charge-offs p90 | capital falling |
| 2013-06 | 4 |  | liquid assets <10% |
| 2013-09 | 6 | liquid assets <10%, capital falling |  |
| 2013-12 | 5 |  | capital falling |
| 2014-03 | 4 |  | liquid assets <10% |
| 2014-06 | 4 |  |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 |  |  |
| 2015-09 | 5 | liquid assets <10% |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 5 |  |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 6 | capital falling |  |
| 2017-06 | 6 |  |  |
| 2017-09 | 6 |  |  |
| 2017-12 | 5 |  | capital falling |
| 2018-03 | 5 |  |  |
| 2018-06 | 6 | capital falling |  |
| 2018-09 | 8 | deposits shrinking, assets shrinking |  |
| 2018-12 | 6 |  | liquid assets <10%, capital falling |
| 2019-03 | 4 |  | deposits shrinking, assets shrinking |
| 2019-06 | 5 | capital falling |  |
| 2019-09 | 4 |  | capital falling |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | losing money, uninsured deposits leaving | loans exceed deposits |
| 2020-06 | 6 | capital falling, securities losses >30% of equity | uninsured deposits leaving |
| 2020-09 | 5 | assets shrinking | capital falling, securities losses >30% of equity |
| 2020-12 | 7 | loans exceed deposits, deposits shrinking |  |
| 2021-03 | 6 |  | losing money |
| 2021-06 | 6 |  |  |
| 2021-09 | 3 |  | assets shrinking, loans exceed deposits, deposits shrinking |
| 2021-12 | 6 | liquid assets <10%, capital falling, deposits shrinking, assets shrinking | brokered >10% |

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

- 2020-07-06 [Why Does Edward Jones Want Its Own Bank? - Barron's](https://news.google.com/rss/articles/CBMijAFBVV95cUxPZUI3aHFmaG1nVmVDWGF2eU0yc2F4YUFFaGVqREo1ZHgzS0V5Z2dwLTQ5M0ZvbG1jWFdjR2FNbGx0RTJDbnlJcXpCWUNCeTVodXZZcU5SM2pydHVnTnlLNEg2NEhlSTZFVjR1RDFfMGROS0dsTVVrWS1ESjVhSThXSjRhMUJ0SHdnMWdPRA?oc=5) · Barron's
- 2025-02-12 [Edward Jones Applies for Bank Charter - Wealth Management](https://news.google.com/rss/articles/CBMipwFBVV95cUxQWGY5VHZrRzJUaWRNWmJxbDBPSTkzTTk3R1RlWTQxYkQteTlSQ0RnanhtVnI0RWNIRGtiNnl2SVQtd25QTTBCbk9kaDF0aFE4SDhqTk82RDlVS1NXeS1ScFh2ZjhRbXhicGluNWw3NmZ1d29kNGI4RXlQWkozWWNiMGZmb1I2elUwV1h3d1dqcDFYUVBpVFIyb2VMdXZJLVJncHBuZ0haaw?oc=5) · Wealth Management

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58267 (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/27.json (key "58267", 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