# CAPSTONE BANK
RALEIGH, NC · FDIC certificate 58386 · asset band $300M-1B · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $381.3M | |
| Deposits | $273.2M | |
| Loans and leases | $299.1M | |
| Total equity | $45.3M | |
| Loans / deposits | 108.24% (p97 of band) | 77.60% |
| Liquid assets / assets | 18.74% (p22 of band) | |
| Uninsured deposits / deposits | 25.12% (p72 of band) | 18.11% |
| Brokered deposits | 6.56% | |
| Wholesale funding | 22.57% (p94 of band) | |
| FHLB advances / assets | 16.00% | |
| Tier 1 leverage | 11.52% (p77 of band) | 9.94% |
| Unrealized securities loss / equity | 1.51% (p80 of band) | -0.21% |
| AOCI / equity | 0.69% (p48 of band) | |
| ROA (annualized) | 0.20% (p9 of band) | 0.81% |
| Net interest margin | 4.03% (p78 of band) | 3.57% |
| Efficiency ratio | 82.58% (p80 of band) | |
| Noncurrent loans | 0.43% (p22 of band) | 1.12% |
| Net charge-offs (annualized) | -0.01% (p21 of band) | |
| Reserve coverage of noncurrent | 259.89% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 79.69% (p86 of band) | |
| Auto loans | $281,000 (0.09% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -4.5% | |
| Employees | 49 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 3 | capital falling, reserve under noncurrent |  |
| 2012-03 | 4 | charge-offs p90 |  |
| 2012-06 | 3 |  | charge-offs p90 |
| 2012-09 | 2 |  | reserve under noncurrent |
| 2012-12 | 2 | reserve under noncurrent | capital falling |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 | loans exceed deposits | reserve under noncurrent |
| 2013-09 | 3 | reserve under noncurrent |  |
| 2013-12 | 2 |  | reserve under noncurrent |
| 2014-03 | 2 |  |  |

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

- 2013-11-08 [Banks Adapt As Customers Turn To Mobile Banking - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxQUmhscl9xazMxVk1jRHRpeVhkQmNhanh0bVZOLTBVR1BPaTNqM1JmOEFoTVFZSkJJa2REcWdid1AtYnhxeUtDLXVZcUItZmhRUWFOZUdLd2NxeVc1ak1Ea2FKcnp0S0RYOXhudUZkU0hXMFU2MEhRLUp1VFdpYzJxRWxlUzFha1U5MWh2M2o5YmFSNmJqajIxLWF0cC1qeUtTZFljZ1N3eHpFaGFJREE?oc=5) · wilmingtonbiz.com
- 2018-07-26 [Veteran Raleigh bankers to start new bank in capital city - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPZlQ1T3Y4N2x6Nzd6eWhKY29FSWw4UXlFUXNfOWd4TXNjZDdmMnc3aXpSX2syQUVBT3dGcEhVeWdBYVVXY09IV3U1MUl4WnBBYTQzUlVVR1cwaktuRXkxam1jX1k0dEpjSEhVUUFiS1hVcWxMc2hHa3JucGQzXzc3MEpwYU16TFJTS3NUbnVsOXZBOEZDV1FhdF8xdUVFWnFlV2JRRA?oc=5) · The Business Journals
- 2019-04-24 [Parent company of SmartBank ends merger with North Carolina bank - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxQRHpLOC16S01oM2UtSmk5Y3BpalJIMnVDbTRnazI0MTNNNUdGVlNUdEpaV2JsUy1oUUhfLTE0UUFXT2RKN1czbFdBOGFKOGhSUUlaODlKa2FEV0ozRWZlbWZQQ0M5eEJoX1QyTmJLV21xblozMXFQTEl3c09vOFBDc2JwN09iVjhYU2RHeXJXYWJZNVZ3aHBEbDNHb2FScWJC?oc=5) · Chattanooga Times Free Press
- 2019-03-06 [SmartBank nearing $158M merger with North Carolina-based bank - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQVzU0OS1DeXJjTFNadXhxQXR1cDdqaW9hRllwX2pyam00OWtxMTBFMUpUek9nYnlVdUgxeGZIV00yNHgxQU5DZGxtQWVQaHdmTzhwMnBaRHRGeTcxekp0VFM3MmFXZkVGaHlwbmEyYWpGTWYzZEhaaGRfaHJQSXdLTGhCdDlkNjFCZUdqQXMzbVNLQllXLTNoSG4tTUUzMDM3b2NqMXFhbzIzUGFsaUZHbHQwSE1EaERqTkk3MU5LMzg1UQ?oc=5) · Knoxville News Sentinel
- 2012-11-09 [Rex Williams Obituary (2012) - Raleigh, NC - The News & Observer - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQWXc5SDJrNk85RU9KZE1hdWVkdE01TV9YYUJadUo5Mk4xajI5Q2RNbGJSTGFWS3RPVVB3emVJUXBOVjZRQzFYdFhNbFAxV3Y4R3BfMF9MVk1ZTXdoMEJlWHQ0LWloODF4WGtZZ2pNOFhJWnJKV1NVYlJQOHlRSFVsSzhKblZMRENPazVDbV9CdjEwZw?oc=5) · legacy.com
- 2016-02-13 [Minions, political clones serve it up hot at Great Tuscaloosa Chili Cook-off - The Tuscaloosa News](https://news.google.com/rss/articles/CBMi2AFBVV95cUxOMHVnWWE5OFpqaHdqdHdMYUlzZE1oa3VzQ1lQZVhObnZwODdpYWtBcy0yV0lrVGJ6b2tqTW5BN0p1cjMyVG5yVTlzSk9WRzFGY3REZW5BLXUtd1FKU1c5SjNuV2Z6VmMwQTlNaE9qRFY4SW5zLXFWZEhaeGFTX1g1VUdLRTUwY1ExczlxMXVMaTFzN3FrcWJoc29YTFhpamRMUTN5T3Jic0JJbXNUMGp5bGtQbGtmR25leTVTMEZPZ2ZDVTA3bk5YanJFMzQyXzlYeVFEdFh4cHo?oc=5) · The Tuscaloosa News
- 2018-08-30 [It's official: Raleigh startup bank files papers to raise $75M - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPTUV5eXRXclhrMUdtMFZNT0VZbzh5a25oZEs4dFZvRlM5amNab2ZiRkt4MHBUTlFnR2QtalIzOTRjQXRvNXZIbFpFQzVETkVjMnpWaXVfNXZtaG8wSVpjZVRJaWJXay1zRmVqSW1ZdjdaYkxySUozYW5OQjZqUU1jYVZjZDBsNkl2V3FQXzM1U2hFMXBqcmNQbG13Y2VWdnVYQ1dLUUN3U0FxdWc?oc=5) · The Business Journals
- 2017-06-11 [Robert Guthrie Obituary (1936 - 2017) - Chapel Hill, NC - The News & Observer - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNeHlBZkJxM3JKNWFOZEhlajJPSzZ2bXpxWkNXYzBiaXA1cE0wekpteFJpWWZTQlQybTZjVTY2bGN3NHJYc1VRSVlSeXhtMUhmaWdRLUJtQWZjMmFzbEw0Y0pjenN0R1VBb3RfQm5xcjNBYjVKYWtveEVKd0VBa1hqdUk0NE9pV2phZmdrQlQ0b3hQYkxi?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58386 (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/18.json (key "58386", 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