# PIEDMONT BANK
PEACHTREE CORNER, GA · FDIC certificate 58374 · asset band $1-10B · latest filing 2024-12 · 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 | $2.40B | |
| Deposits | $2.14B | |
| Loans and leases | $2.09B | |
| Total equity | $232.5M | |
| Loans / deposits | 96.66% (p79 of band) | 86.88% |
| Liquid assets / assets | 9.03% (p4 of band) | |
| Uninsured deposits / deposits | 28.02% (p43 of band) | 29.82% |
| Brokered deposits | 12.65% | |
| Wholesale funding | 12.65% (p69 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.81% (p43 of band) | 10.06% |
| Unrealized securities loss / equity | -9.74% (p64 of band) | -14.16% |
| AOCI / equity | -0.24% (p28 of band) | |
| ROA (annualized) | 1.17% (p66 of band) | 0.92% |
| Net interest margin | 4.21% (p87 of band) | 3.23% |
| Efficiency ratio | 59.56% (p36 of band) | |
| Noncurrent loans | 0.00% (p2 of band) | 0.42% |
| Net charge-offs (annualized) | 0.00% (p27 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 89% | |
| Construction % of loans | 188.48% (p98 of band) | |
| Auto loans | $483,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 19.9% | |
| Employees | 193 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **liquid assets <10%** (`liq_thin`)
- **capital falling** (`cap_falling`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 4 | leverage <7%, losing money, expense ratio p90 |  |
| 2012-03 | 3 | charge-offs p90 | losing money, expense ratio p90 |
| 2012-06 | 3 |  |  |
| 2012-09 | 5 | losing money, expense ratio p90 |  |
| 2012-12 | 8 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2013-03 | 5 | construction >100% equity | charge-offs p90, losing money, expense ratio p90, uninsured deposits leaving |
| 2013-06 | 4 |  | assets shrinking |
| 2013-09 | 3 |  | deposits shrinking |
| 2013-12 | 3 |  |  |
| 2014-03 | 2 |  | leverage <7% |
| 2014-06 | 2 |  |  |
| 2014-09 | 0 |  | reserve under noncurrent, construction >100% equity |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | construction >100% equity |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 | reserve under noncurrent | construction >100% equity |
| 2015-12 | 2 | construction >100% equity |  |
| 2016-03 | 1 |  | reserve under noncurrent |
| 2016-06 | 3 | capital falling, reserve under noncurrent |  |
| 2016-09 | 1 |  | capital falling, reserve under noncurrent |
| 2016-12 | 2 | liquid assets <10% |  |
| 2017-03 | 3 | loans exceed deposits |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 1 |  | liquid assets <10%, loans exceed deposits |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | uninsured deposits >50%, run vulnerability |  |
| 2020-09 | 4 | capital falling |  |
| 2020-12 | 3 |  | run vulnerability |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | capital falling, uninsured deposits leaving | uninsured deposits >50% |
| 2022-06 | 1 |  | capital falling, uninsured deposits leaving |
| 2022-09 | 2 | uninsured deposits leaving |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | uninsured deposits leaving |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 3 | brokered >10% |  |
| 2024-12 | 4 | liquid assets <10% |  |

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

- 2026-09-08 [Georgia de novo opts to recapitalize Virginia bank - Banking Dive](https://news.google.com/rss/articles/CBMikgFBVV95cUxOdnhlRlBnZXFyajNMdkEwY1R1LWFtNkdyeDhrbl9lcHRfN1d2cm5rbVBVTGotdm50c1VjUVk3d0h1TnRuTHRkOW1pd012VG1tUUd1T255WnNTSjRnY1BwWHpZY1YtdkxVZ1ZCcFY1UzZha2g4aElhSjZlX2ZINS16dW5LZEYwRUFhaDZscnVjNU1Pdw?oc=5) · Banking Dive
- 2026-01-06 [Former Piedmont Bank execs start Georgia de novo - Banking Dive](https://news.google.com/rss/articles/CBMikgFBVV95cUxORVNhd3BoNHItejlYbHduTk1sMnpMa2VmUU5Lc29oOUtMLVRMazVkTzctWG9RaWZKWFJoQTUzQnkyQjlXc1VUVGFGbGRWbjFlZjZxRk9HR2dOTjhNQVlyNEJKY1R1eXlaLVUtOUQxNmtBQ1dZZFlYU1FIMFNuSXpLUFh4RkxzOUNuN216R2g2cUd4QQ?oc=5) · Banking Dive
- 2025-10-22 [Organizers eye February opening for Atlanta-area de novo - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxOcHRHMHpIQncxTUs1VGJ0S2FmdGVadVBCbmRiME85bS1FRUNCd2dvZlREeU4zbmQtWXd6MWoxWlMwZ3l0MmF1Z2JDbkI5YlJ0OVhkLVBScVFZTkVZdk5yNDVxS19KWGlneUpwcUtqTDYteXRtel9ldzNsSzNBVzlpalR1dUw1Rk9JcTdQSzUtZnAtbVRWcWc4?oc=5) · American Banker
- 2025-12-09 [Why a metro Atlanta investor group is starting a new bank - AJC.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxOZWdkWUJEa1BMOERpdWdMQlNHclpmWGFhdWFKQy1TN2k4MFBoZ1ZBQ0tmMUZHTFV0c2hDR2dTNTdVU0xaemxtancwekhQXzVsQ0R1Zm9FZTh2ZlV6SWlkUUZ6RWIwRmh2MzAtMEZNV2RiX2IweFl5djNSSEszcVNKdVA1SDNSNXR6Wkl6Z0JrSUV1OXNHNVNUN1hJNA?oc=5) · AJC.com
- 2025-10-13 [Financial execs form new bank in response to wave of mergers - Atlanta Business Chronicle - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxPS09FOEoydDJFWkttejNBT1hPV0Vac1Z1RmpkbjJoOU1hdGw1cHNaNjJJMmp5MnF2S3R6MEk4d0dUS3R3Ym1Yb25GTHdnb2J1QW4ydFZnYTM2N0QySmpjQm81ZFZNdTlJQTJmNWtqbG9EOVZycmFveEx0bzAwUVFWcEpFN2pqZC1YNngxQWh6NGx1X20xZWU4?oc=5) · The Business Journals
- 2024-05-14 [West Virginia-based United Bank to acquire bank located in Georgia - Charleston Gazette-Mail](https://news.google.com/rss/articles/CBMi6wFBVV95cUxOZ2trRHJhT0IxYkFwbUJwSzdLNEg0UlRKV2pTQWdGXzZZSTZmM21mb0xGQnlMWmYwaWxvRG5xMzNlWTYySGhXVG91eXhUaTZyc2pHQ2VycWRvaHJLNDJfNWloQklBOHVlQ05MclpieW9CZUhQY09GUS16TTA2R2dIckhsVnQ4NjNjMmgxMkxzWTNZM0VpeUNfZk8yNUFRTlF5MmgzRFdBaEI3WG15aGJGSkFxWXVRZzY3UDlZcVZzZWp4QUh3M1dCNm5uclpqbDhFSloxbVpfRXFEMGlFN0F3eXVCQ3ZJRXFiZ2Fn?oc=5) · Charleston Gazette-Mail
- 2024-05-28 [United Bank To Acquire The Piedmont Bank - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQVWtmV2pBajY1SWhDZzBBOEFfb3dnMS1KRFlHS3BlWGFPdmVuS2k3YXJFaFdwdUJWZ1RRMTk0MkNNeEgxcWlrX0RkTWRUd3ktaHhGM2FYRkdpYlBNNW9WaWYxVFJiWnphWlhxX0tUcy1adlFNMWhwelZtdmd1V2xBclVwYVFlYjBQZFhTbl95Z1VMYWtCYWVkVlBjaUd5SHowbFdSODFmbG9lOU0?oc=5) · wilmingtonbiz.com
- 2024-04-25 [City of Kennesaw Announces Grand Opening & Concert Series - City of Kennesaw (.gov)](https://news.google.com/rss/articles/CBMijAFBVV95cUxPV2tvQ2o4YzYtY19VVFZQemRQNTZhOXNZdGxfbXFSbGxOMUJtNUwtMVFPMmgzZmVheklqY25mcmw2ODdkTllXLWlDN2ttQmw1MkgzcDQ4V3YtcW1iYXZRdkdKNjJ4QzFtWUFpdUt0eEZySWRySXIyTE83QUxDMzRDWTZ0VEdHcGVZcGdWbQ?oc=5) · City of Kennesaw (.gov)

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58374 (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/6.json (key "58374", 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