# FIRST BANK
HAMILTON, NJ · FDIC certificate 58481 · asset band $1-10B · latest filing 2026-06 · live

**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 | $4.09B | |
| Deposits | $3.32B | |
| Loans and leases | $3.37B | |
| Total equity | $453.2M | |
| Loans / deposits | 100.08% (p86 of band) | 87.10% |
| Liquid assets / assets | 12.47% (p12 of band) | |
| Uninsured deposits / deposits | 39.35% (p72 of band) | 30.76% |
| Brokered deposits | 8.45% | |
| Wholesale funding | 14.36% (p78 of band) | |
| FHLB advances / assets | 5.75% | |
| Tier 1 leverage | 10.17% (p41 of band) | 10.50% |
| Unrealized securities loss / equity | -2.03% (p80 of band) | -7.75% |
| AOCI / equity | -0.18% (p59 of band) | |
| ROA (annualized) | 0.92% (p25 of band) | 1.26% |
| Net interest margin | 3.70% (p50 of band) | 3.70% |
| Efficiency ratio | 54.89% (p38 of band) | |
| Noncurrent loans | 0.86% (p69 of band) | 0.51% |
| Net charge-offs (annualized) | 0.33% (p91 of band) | |
| Reserve coverage of noncurrent | 160.23% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 39.20% (p42 of band) | |
| Auto loans | $95,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $113.9M (25% of equity) (p93 of band) | |
| Deposits YoY | 4.9% | |
| Employees | 338 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **charge-offs p90** (`aq_nco`)

## 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 | 2 | capital falling | losing money, charge-offs p90 |
| 2011-12 | 1 |  | capital falling |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 0 |  | reserve under noncurrent, capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 0 |  | capital falling |
| 2014-03 | 1 | reserve under noncurrent |  |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 2 | reserve under noncurrent |  |
| 2015-03 | 1 |  | reserve under noncurrent |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 | loans exceed deposits | capital falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | liquid assets <10% |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | liquid assets <10% |
| 2018-12 | 2 | liquid assets <10% |  |
| 2019-03 | 1 |  | liquid assets <10% |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | liquid assets <10% |  |
| 2019-12 | 3 | reserve under noncurrent |  |
| 2020-03 | 2 | capital falling | liquid assets <10%, reserve under noncurrent |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 | liquid assets <10% | capital falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | liquid assets <10% |
| 2021-06 | 0 |  | loans exceed deposits |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 1 |  | liquid assets <10% |
| 2023-03 | 3 | wholesale funding >15%, capital falling |  |
| 2023-06 | 2 |  | wholesale funding >15% |
| 2023-09 | 3 | liquid assets <10% |  |
| 2023-12 | 1 |  | capital falling, liquid assets <10% |
| 2024-03 | 1 | charge-offs p90 | loans exceed deposits |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | charge-offs p90 |
| 2024-12 | 1 | loans exceed deposits |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | wholesale funding >15% |  |
| 2025-12 | 1 |  | wholesale funding >15% |
| 2026-03 | 2 | charge-offs p90 |  |
| 2026-06 | 2 |  |  |

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

- 2026-04-27 [First Bank Announces First Quarter 2026 Net Income of $7.6 Million - GlobeNewswire](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPQ3Q1aWdaTkwxU3h2WFM2Xy1YYTdfX241QW1zdmtjR0sxT2EtcjVzVlY3bnI1eWg2R1J1NnVIc1M1SWVtOWRoamlFSVZXUWIzclhCcHJFLTFqZDAtUVE2dHZlWURSVW02SEh5OU9TMHdLYWI3QTRTUHVGS1dPOW1XVDNFQXROV0MxRjNKYjE2c3EzN1hwT1JwbHM3aVVTMUlWb1ZDU25zOEpMdTNDc3VaejJMbzViN2U5NmU4a0c0NlBxZXdYLWl2UDJFd0NySUczN3Rv?oc=5) · GlobeNewswire
- 2026-04-03 [First Bank Announces First Quarter 2026 Earnings Conference Call - Yahoo Finance](https://news.google.com/rss/articles/CBMioAFBVV95cUxNTWtfb1EwZG9aR1BtUnZGQkoyVkZOWjZob0NfTzZDRmJFOVRqM29uM0M4NnNTQ1pXajF3Rk9DY1hIbjNzTXdBdTA5SEdWcUtDSGhqbEs5QVE5LVFCV3phYU9PLV8yb1RBUVRmcDFPUTRZeU0zREJ5Rjd4eFhUWG0yLVN4aHMxNHpmSGtERDk1Z3FFeUNhY0Jka0VxYzhMa3pM?oc=5) · Yahoo Finance
- 2026-07-01 [First Bank Announces Second Quarter 2026 Earnings Conference Call and Webcast - Quiver Quantitative](https://news.google.com/rss/articles/CBMirwFBVV95cUxPTXFJWWpmLVVPZUh3eU1UR2pCT3lUSWJiOVVNNU9BYVZpUjZrVl9rd0hKbmE1bngwTVpXNzc2SU1rUV9Lc0d2QktpMzdJajhIcUNJRFNXMU01alZsTUhSeWdhNTBaZ0pWV0pmbTVaWWhFYXVBWHJtY3RaY1N5NEV6WVRoREhSaVc3Z1ByZkphdGxqTEo0c1FlMDhoQzNTcGlmWnlhSjlCSk81YkRxdDMw?oc=5) · Quiver Quantitative
- 2026-07-24 [First Bank Q2 2026 slides: strong profitability amid revenue headwinds - Investing.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxOLTJlNlR6MjBqdGpvbHlscHhRc3FPVThaYnVVTGEyRVVFc3llNlcxU3B5REc1c0VPVmtmU0RnZTkwQmFCOXAzNUM2eHYzSWRDRHdvTHRFSzNVRldqTTZBcnlsQ3FWWEgxcUJzOTNHTmdfdi1EakR2NlpUengxWm5fcWxVY2NpSW5CNlI0V00yenppRGRWZEZSTTF1Y19FM2hWaDRrNE5yc2d5Q2sxQlZCVmNYMlRrSXN0bDFRNzlSLTQxQVFz?oc=5) · Investing.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-10-13 [NJBIZ Conversations: First Bank CEO Patrick Ryan - NJBIZ](https://news.google.com/rss/articles/CBMidEFVX3lxTE9sY3BqLTJaenBRRVlFc0o5T09qMlE3WDVjQXJXODVtS1RzUGNUSzBvT2NPTGFKWk9vVmJwb3hGcG90UzRSdlI3cnk4S29aZk84OWg5RHNfUmc2YTNWU292UU5hNU92dHpuN0kyN1JHZGVYNGRf?oc=5) · NJBIZ
- 2026-01-07 [RED BANK BASED OCEAN FIRST BUYS LONG ISLAND BASED BANK - Red Bank Green](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQQ0w1UDhnbWEyaFJac1NJUTExWEkwdGxWaTJtUGkxRE9KTDhRalRGX2RCRG04Z041VWRYa3JtRS1tMkVBb0M5R1dIX1dialUtZzh2YV8ySUx3MmFKd0MyZE1aZmhER3RSbDVXdTBlTE5DWUI0WnlHYjRnTWlJMWNyOG4zQllKMTRf?oc=5) · Red Bank Green
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58481 (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/49.json (key "58481", 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