# FIRST NBC BANK
NEW ORLEANS, LA · FDIC certificate 58302 · asset band $1-10B · latest filing 2017-03 · FAILED

**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 | $3.33B | |
| Deposits | $3.03B | |
| Loans and leases | $2.58B | |
| Total equity | $-112.6M | |
| Loans / deposits | 72.82% (p22 of band) | 87.83% |
| Liquid assets / assets | 25.58% (p61 of band) | |
| Uninsured deposits / deposits | 45.53% (p87 of band) | 25.51% |
| Brokered deposits | 3.49% | |
| Wholesale funding | 14.66% (p71 of band) | |
| FHLB advances / assets | 7.97% | |
| Tier 1 leverage | -1.99% (p0 of band) | 9.88% |
| Unrealized securities loss / equity | – | -0.51% |
| AOCI / equity | – | |
| ROA (annualized) | 3.15% (p98 of band) | 0.97% |
| Net interest margin | 2.47% (p8 of band) | 3.44% |
| Efficiency ratio | 50.73% (p13 of band) | |
| Noncurrent loans | 21.99% (p100 of band) | 0.56% |
| Net charge-offs (annualized) | -0.21% (p1 of band) | |
| Reserve coverage of noncurrent | 64.99% | |
| Real estate % of loans | 61% | |
| Construction % of loans | – | |
| Auto loans | $1.2M (0.05% of loans; DQ 5.78%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | -23.4% | |
| Employees | 504 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **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 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 1 | charge-offs p90 |  |
| 2013-06 | 0 |  | charge-offs p90 |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | expense ratio p90 |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 7 | capital falling, losing money, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2016-03 | 6 |  | losing money |
| 2016-06 | 5 |  | construction >100% equity |
| 2016-09 | 6 | wholesale funding >15%, liquid assets <10% | capital falling |
| 2016-12 | 13 | loans exceed deposits, leverage <7%, leverage <5%, losing money, deposits shrinking, assets shrinking |  |
| 2017-03 | 8 | NIM <2.5% | expense ratio p90, charge-offs p90, wholesale funding >15%, liquid assets <10%, loans exceed deposits, losing money |

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

- 2023-02-09 [First NBC Bank founder Ashton Ryan guilty of fraud in Louisiana's largest ever bank failure - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2017-01-31 [First NBC of La. warns of material issue tied to deferred-tax asset - American Banker](https://news.google.com/rss/articles/CBMipAFBVV95cUxQVWEwQjhkcHpUQjJCMHFVTk1MUFpZR0xMSzgwX01fa1psaTVUSXNBUDUyc3ZWNXlZRV9JSko4a3RJOTRsblNXV0tSem1xTTR2dUtNdnpJYVNYYTVmTHVfUERjcHBncGlPdWNnWGJlUHNVS0RJRFRkMVZOanBmNXZHSGZxTjM0LTJPUWxGRDdpeFpCNGlERXFENUs5Z3ozRnhGV2JzXw?oc=5) · American Banker
- 2020-06-16 [Hotel owner linked to First NBC bank fraud investigation - WDSU](https://news.google.com/rss/articles/CBMimgFBVV95cUxNU3dMQWZDWGc1UE9yaUt5S21fNXUwYWszeTVtWWlYN3VITEVaQm85dUZhbnc0VVFkaVFNc1hlVEwxakJMTWNZX0haSV9UbXB1OW0yaEtnczNXVXdXSkl1bkhfRWJkT1VCTHZITHR3bFlIMkx1aGk3UVM5cWpaMkl0MHdTbXJLbTZCZjB6NzdOeXN4cWctMi1PRjZ3?oc=5) · WDSU
- 2023-05-30 [Board Members of Failed Louisiana Bank Face FDIC Bans - Banking Exchange](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPSnN4Y2JKRk5Za1VjYWhNZ1hiT1hGMFRjTmdNWkhUYTJpTUlkUkVFRFNqSUdhZ2wyV0tJMUVSZmFLYU1FQzg0SG51TjhCaUQzYTZwQWo5andCbzZQZnBpSVA0Q3R5Q3lzZWw0aDVPQmFzTWtLUEpRYVNJM1MxNmdEb2o5bXcwblVxU2hfM3Zxb3o4ZGU5aEc0V2IzMjlaRHRmYnRlV3lQV0g?oc=5) · Banking Exchange
- 2023-01-09 [Fraud trial of banker behind $1B First NBC collapse begins - WWLTV.com](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQMVBTQ1o5TmFVSWZ5V3Q3TUhOM0hBNEVhWWxNc0pIUzV5WlVRQ1FDNFcwTVlPOTJMTGhLM2VJT1NhbGdIcEdqb25id3E3ajFfZlYtaEJ2cnYyM3JEc0xGVWV6NjN6cUxpbEREU2stcGdieTYzdHI2c2xMQTlCSmZiUmlNSXBJcWhCSVNYN0ZtR1ZDX2tNemdJWlhtR1NjUnRoRnlkbVhFb0FwTnJKaW1zaVVUa0pWbTZvTmY3d2lzVFV4QzVWbnNaRzVWUTdRRFphQXdkT0dJNjY?oc=5) · WWLTV.com
- 2015-12-01 [Inside the Industry: Banking - Biz New Orleans](https://news.google.com/rss/articles/CBMiZEFVX3lxTE5pck1kZUNvbWZrLUg0MlVtUkQyTmpnaVdEblZSY2NzRXM5MXJRTjVrWkRPcTgzSDNYWUpFV0hYbjBSMktDVFVCZ1BaUEZRUTBJS0J3M3RJV0tueTU5cExJNUxsYXU?oc=5) · Biz New Orleans
- 2024-01-11 [Bank Failure Highlights Related Claim Issues, State Law Considerations, in D&O Claims - Hunton Andrews Kurth LLP](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPbUs4T3VyM3luWFdUMDFxdFN1clgzV2pwdUJndW9ybTBRTWVHcG5ySFczUTVQLXBYdWt3bjlGMVcyay1XeDlWWW9ianVXNVljY1NWRk95NmQxeGpaZkZXQTdkNnZkR0RNYTVxSTQtTElGcFpPZUxBazlJdk5YWndTV2d4YlJFbE5sODBHSzB0MG4zS3JsVlJLYk1UNjgyTDNqeFVoNWtSU1p6M0owM1l3YTJnNmtrT0FOVk5FemEtdFBqMTQ?oc=5) · Hunton Andrews Kurth LLP
- 2017-04-28 [Whitney acquires First NBC Bank - WAFB](https://news.google.com/rss/articles/CBMid0FVX3lxTE9rMlZ0LWlzSkpabGtScHZBWXZWQmg1bGVfWjJ3TVZDQWtWMzhHR1EwNWZPREZCRVI1XzBRdi1wcjBYa1M5WTMxWkM5dXdSblp1b2VIWEsxVnptZmg0TVVUTEVyTElDSm9STmgtVDBGbDdQaTZkcUJV0gGKAUFVX3lxTE80NjFNSll3MlJYSE90ZGNXaHN3ZEw1ck1oQmhDLUFZLTlSX2EzeWMyOGYxNlVSc3FBVmhSUnNmaG5YRUo3clo0T25zSGpXWmRqYzUwUjlsZVNyQnlxVXM0bW1ma0R3clMxUW14RV83QjhudEMwRDhXaVNkaGZQa1NwcmFSNTJKUlFDQQ?oc=5) · WAFB

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58302 (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/62.json (key "58302", 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