# SABAL PALM BANK
SARASOTA, FL · FDIC certificate 58372 · asset band $300M-1B · latest filing 2021-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $426.6M | |
| Deposits | $396.2M | |
| Loans and leases | $248.6M | |
| Total equity | $30.2M | |
| Loans / deposits | 62.05% (p37 of band) | 68.49% |
| Liquid assets / assets | 41.34% (p63 of band) | |
| Uninsured deposits / deposits | 39.03% (p82 of band) | 27.18% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p14 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.43% (p3 of band) | 9.74% |
| Unrealized securities loss / equity | 0.00% (p51 of band) | 0.00% |
| AOCI / equity | -0.37% (p81 of band) | |
| ROA (annualized) | 0.86% (p27 of band) | 1.15% |
| Net interest margin | 3.60% (p68 of band) | 3.31% |
| Efficiency ratio | 74.44% (p81 of band) | |
| Noncurrent loans | 0.00% (p5 of band) | 0.31% |
| Net charge-offs (annualized) | 0.00% (p34 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 92% | |
| Construction % of loans | 30.70% (p43 of band) | |
| Auto loans | $17,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 26.9% | |
| Employees | 39 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money, charge-offs p90 |
| 2012-06 | 3 | expense ratio p90 | reserve under noncurrent, uninsured deposits leaving |
| 2012-09 | 2 |  | assets shrinking |
| 2012-12 | 2 | reserve under noncurrent | deposits shrinking |
| 2013-03 | 3 | losing money |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 5 | capital falling, charge-offs p90 |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 2 |  | expense ratio p90, reserve under noncurrent, losing money |
| 2014-06 | 2 |  |  |
| 2014-09 | 0 |  | capital falling, charge-offs p90 |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 1 | losing money |  |
| 2018-03 | 1 | capital falling | losing money |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |

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

- 2021-08-25 [Sarasota-based bank will be acquired by another Florida bank in $53.9 million deal - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMiwgFBVV95cUxONVJEaGFmNEpjR1NWUVRwcE9Qb2hKZFpRWVFzWUlUSm9tdjdMdTNJaU0xallDZWhPamJjWjBKcF9UbExhc0c1OS15c21LMkpxOUpmaDhsMWJramFSanZqN2NaY3lETUJtYUlKV243ODB1SEJ5cHlqczJrWV9RcExwd2d3ZXBFNDNhUEd1MVNaWGJwbndDcHBWal94aXM0NEpQZFdCRHBLbm5kbTc0OFNQcHVYSWI1YXdmUlNfdXFNU0FqZw?oc=5) · Sarasota Herald-Tribune
- 2021-08-24 [Serial acquirer Seacoast to buy 2 Florida banks - Banking Dive](https://news.google.com/rss/articles/CBMikgFBVV95cUxNV3JXLV9VVnJTUS1uMWVHRTJfN1UwcnAyUlpYbTZTTVJYT2VrN1g5bXlnU2o1TEdLRE5Ubi1kOFRqNXNJWE1LR1p4c3dOSEYxaUd5b2VXa2lXWXF5d2ZtNzE5WEVpbkhJRWljbGlmMHA4WTdqS1NmeG0tUi1OUHlZVmVycVVidUg1dG5HOVp1X0hBUQ?oc=5) · Banking Dive
- 2022-01-04 [Sarasota bank sale, a $54 million deal, closes - Business Observer](https://news.google.com/rss/articles/CBMipAFBVV95cUxNbGFQQVdvR1JJcWlFa3BEY1V1V1VwTzZRLVA4X2xmSE0tbUNHLTI5a2pfVHRPQU0xRlF3VFhFMkx0LVdiUmZNdWNfYXNpOWdtZ29JOEhKeFNQaVl6aTczQ01JZi1mbnNaODFubF80OUdUcHpjUWZub2NMeDN6c3ljb1BQTHMydVNHYWswcXlyeDNnOS1SSW5hRjhVZncxTXZhZTl5bA?oc=5) · Business Observer
- 2024-04-06 [Seacoast Bank to build new office at existing headquarters on Colorado Avenue in Stuart - Treasure Coast News](https://news.google.com/rss/articles/CBMihgJBVV95cUxOaU9LcjkyQWQzVmRNR29VczRSTXlXN3hpWm4tOWlDMFAyYTRaakF0LWtGVk9EUUZXVUI5SFB1YnEtb2ZMSmVrNkFRYy1DNWlCMkxhakVCLWhuSUhaWHN5cXhEaXk4YVBPaFlXSFp0WXliVUMwWU9pbUFvTUJESDJCWG9vVDI0bGZtN2xIUl92OGpHckJkcDhPR1RZWVR1cmlRcGxHU2dsMUFTUGFZWk9wUk5CZXpmUm5SWVI0RkJTTl8xMjRrcGptVXEwSUZOMEhiV0c2Um5DbHBDTXBad3ZGMGUyckdPbzFZREM1WklsOThVQmZwOTVmT1lFSWRJb2FXcjVNamNn?oc=5) · Treasure Coast News
- 2022-08-11 [Seacoast Bank names Tampa market president amid West Florida expansion - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxQelhBdkg2ZmEtRFhZamdaaEo0ZGQ4Y2VPSjdqNER0MVI5ZkFiMU1aZ2daS2VCMW9remV4dnNCcGhwcnlRWkNCYmdBTUpXTlZUZGxVcDFWd3N2RFBjZ2VCNWJYU190WU9FQTRxM2lCazk2QUhCTWF1Z1VrWEUxaURJdVVrc0hFMkNTX2xYV2NESk5HQnNpNjVyTw?oc=5) · The Business Journals
- 2021-08-23 [Sarasota bank acquired in nearly $54 million deal - Business Observer](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQOGotdGpPc3k2Sy01Tl9GeHBqSTgzVWdIUXZnWkJVZE55djlBY1paZzZzbEtSZmxSU2pjek8wZkFTN0lFblRidmMtVVo4TWE1bWdVNFJhNkpSaVlPYTY3Mjc2RXhjOEtFZ1l6Nml0LU0xNDNrcS1zb0tBVHNHNklPWmlsX05Ed3c2MzdUUU8xWE96dUZvbHVPOEh5X3R0d3ZydWJwS0pTakRLTXc?oc=5) · Business Observer
- 2022-08-11 [Seacoast acquires South Florida bank for $488.6 million; third major addition this year - Treasure Coast News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQVEhYR0M5bHRlWG9OME1HNnVBOWlwNldGeWRPdzgxSGRld1ROTDZhV05ndWo3OXJWZ2FlTk9PdzZzc1VOdzVCc2JYMjlkc2pObURpQkNyZy04eDRQaFZxSHpJc1FuREJWNkcxYmJHcExKeFBzZXhJTE9kV0lqeldOSmNBRlExV1Z2d1d1R01Sc2dIbWcyMHdTRDY5S3gwcExzRGNXNmpKMlg3QXZuNlZDamVjdmo4My1ZeVJF?oc=5) · Treasure Coast News
- 2025-08-12 [David Froelich Obituary - Sarasota, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxQRW9ZRG95eXdiRXVzOEFxS0N4R3EtdzFSMXJWYTdPcHZVQjRHdENkY0RQRVh5akExdWYxczJyUGdwNy03bGNvWHk5SVdYSUtEYzdwbGFaSkN2Zm41S09DNVJIcTZ2NEtXSzF4aU5xaWsxbTJ3ZlV0MV9GRy1TbmF6Q19uMnU?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58372 (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/4.json (key "58372", 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