# ENCORE BANK
NAPLES, FL · FDIC certificate 58376 · asset band $300M-1B · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $391.6M | |
| Deposits | $343.6M | |
| Loans and leases | $300.4M | |
| Total equity | $40.8M | |
| Loans / deposits | 86.41% (p55 of band) | 84.92% |
| Liquid assets / assets | 18.18% (p33 of band) | |
| Uninsured deposits / deposits | 30.12% (p75 of band) | 21.35% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.28% (p24 of band) | |
| FHLB advances / assets | 1.28% | |
| Tier 1 leverage | 9.72% (p35 of band) | 10.35% |
| Unrealized securities loss / equity | -2.27% (p51 of band) | -2.32% |
| AOCI / equity | -0.76% (p64 of band) | |
| ROA (annualized) | 1.08% (p52 of band) | 1.05% |
| Net interest margin | 3.83% (p62 of band) | 3.67% |
| Efficiency ratio | 62.35% (p35 of band) | |
| Noncurrent loans | 0.39% (p39 of band) | 0.55% |
| Net charge-offs (annualized) | 0.00% (p47 of band) | |
| Reserve coverage of noncurrent | 296.27% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 89.16% (p85 of band) | |
| Auto loans | $6,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $2.6M (6% of equity) (p95 of band) | |
| Deposits YoY | -6.8% | |
| Employees | 51 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, expense ratio p90, NIM <2.5%, reserve under noncurrent |  |
| 2011-06 | 2 |  | NIM <2.5%, reserve under noncurrent |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 | reserve under noncurrent | expense ratio p90 |
| 2012-03 | 3 | capital falling |  |
| 2012-06 | 3 | uninsured deposits leaving | losing money |
| 2012-09 | 1 |  | capital falling, uninsured deposits leaving |
| 2012-12 | 2 | expense ratio p90 |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | expense ratio p90 |
| 2013-12 | 4 | capital falling, losing money, expense ratio p90 |  |
| 2014-03 | 2 |  | losing money, expense ratio p90 |
| 2014-06 | 0 |  | reserve under noncurrent, capital falling |
| 2014-09 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2014-12 | 2 |  | reserve under noncurrent |
| 2015-03 | 0 |  | losing money, expense ratio p90 |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 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 | 0 |  |  |
| 2018-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2026-06-16 [W-S bank to be acquired amid Georgia firm's area expansion - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxOVDZJYjQxOGtUb2tnSlV0Y2E2WU5vQ0tUR1ZLOFZnVkNQelUyQ0taVEJVR1Z5UVd2UVZpbzJmdVctdTBDN053WlJGU3RlRHlvVHdlM0FkSlJ5eFh4U0lpekp2Uzc5czVaTDVlRnZtOFAyVjBuVElFcWswV21rbnZZQ21xUWxrcGZIaWFIMHZIcHNBX28yeWgtamd6SkJmelU5?oc=5) · The Business Journals
- 2017-08-08 [Credit union in Michigan to buy bank in Florida - American Banker](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNZGdjQmZxLTQ1QlE2VzRKV3hldVZtLWs3bzUtWEZveUtpWWljRVA1WGthYTM5a040UWphRHlldmdkU3llMVc2RmlkLXJNcWN4VTdZNUhUcFZIZTI5Y0JJNUFLYS1wbFM0NUhnVGNBcUtRUHBwWk5rV25xWU13UmRGeFNoM2FIREtjNmNB?oc=5) · American Banker
- 2022-07-01 [Encore Bank launches new business line and appoints Tampa Bay banking veteran to lead it - TBBW](https://news.google.com/rss/articles/CBMivAFBVV95cUxPLXBUTW0tWVk5UHpRQTV6T0lDRUd4R2dQcXNmaEUwTFlubGpmNEVrMXhlUlBEMHJYMGV5VEpSdVg3RXJYbW5fRTlhZTBQU1U2V1A3YWdtNUtqalpVdkZKYWtrQTJlY0RPZFBwVFp2YktVWjhIbWQ4UFBYTUpsVUp5ZE5QaVVyUTdCUkdlS1RuZEJIV3ZUdG8wSnhEQnRjNUE4ZmxlYnEyQmx3WWgwVF8xYS1nNlgxdVpvdmVCaw?oc=5) · TBBW
- 2022-02-09 [Encore Bank leaders expect solid growth, more expansion in 2022 - Talk Business & Politics](https://news.google.com/rss/articles/CBMinAFBVV95cUxNTUZ3LUFXQ2IzREhyeFJ5ZUl6Q1BqZUpZTTFab0VKZWFfMHU0NlNUWWJvZDlYNENVNmZjbHJZVUFBSU1HWUlaVmFNck1wTlMxQUFuaEJMNlkwQ21BZmpyREdDUjA3eTB0ckw1c2R1XzhFWHJIQXREdkthVW9oTlRvVHZ1a01EbTBvb21leWVuRG9JakNVZjUxSm9zVFY?oc=5) · Talk Business &amp; Politics
- 2021-06-18 [Michigan credit union aims to buy Florida bank in year’s 5th such tie-up - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxOSTNQMk9wSW9JWGZfbFFIUEdET1RsblR1NGM1V3J4dmRzRWF1MjMwSXNVVWlXTkRKOTVmQnJnNk82LUJMa1RYbEdJVG9QOUl6MWFRVi1Rdy1EZDEzcHhTbmNnNnF4cHJpX2pnYkxCVDFkQThsdTRmNmhpVzFZTGE3Zy1xbUVIbkctVzlqZ1BjV29ueHN3cVUxVkRKMzVPaEpWbTA0dThCbmM2emFSYmtlZTd3?oc=5) · Banking Dive
- 2017-08-07 [Lake Michigan CU To Acquire Encore Bank - cutoday.info](https://news.google.com/rss/articles/CBMiggFBVV95cUxQQnFEY3RNZWxOc0VFbXVnWFp5QnFmTmo1TXMzMzRCUk5MRklRMncwdlhrMHZVbjg2aEdCWXNTMGY2X19wUFd1X2NGMnRxVWs5TTBZSnBDMzdYOVZmZTZUOXAtcmxTM2kzY2VHODk2WjdRX1lFRHhkQTR1eGFEZXNVdTN3?oc=5) · cutoday.info
- 2018-05-04 [Michigan credit union completes purchase of Florida bank - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPNlhWUGtNWjJaaEF4US1XQmFuYnJNNk9mWEllYzBkdU9VekxzTElsX3l6cnpxdl9HTE1lVG5Damx6a1NjVmc3RHIxdVltVy1USDNlN3cycUlSN3dDcXZxenV3WVQ0Y2pTWGk5RGRqcmVlb3VfVkVMRXYwcmwtSHJLX2hqMzNZRjhFTk0zVDRQSF9uWC1CVkFVSE50RUJLb28xQ3R2MWF3bk1WVlg3akltbXpMU3NnWEttMnJpU2NfUEVrMXZ3SUk4eXI2ZHNhME1wS0llWUxUZHFxbE0?oc=5) · Sarasota Herald-Tribune
- 2021-06-17 [Pilot Bank sells in $96 million deal - St Pete Catalyst](https://news.google.com/rss/articles/CBMicEFVX3lxTE9jRmczSnBOblFFU296UUFZSkpxcEZ6aUdRLUdLZDZLTFFhMEcxTEhmSUZlWFRQUmNaSGpBYlNVVDNIMVBTQ2ctNmlYYXRLRVM5S1JyYkpidlpTUDY3d1A2NGY5RUhWZDZ3Sml1NTFKN2U?oc=5) · St Pete Catalyst

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58376 (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/8.json (key "58376", 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