# MIDCOAST COMMUNITY BANK
WILMINGTON, DE · FDIC certificate 58498 · asset band <$300M · latest filing 2020-03 · 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 | $270.2M | |
| Deposits | $212.1M | |
| Loans and leases | $231.4M | |
| Total equity | $27.7M | |
| Loans / deposits | 108.14% (p96 of band) | 75.62% |
| Liquid assets / assets | 11.46% (p5 of band) | |
| Uninsured deposits / deposits | 8.44% (p18 of band) | 16.17% |
| Brokered deposits | 9.53% | |
| Wholesale funding | 20.26% (p96 of band) | |
| FHLB advances / assets | 10.73% | |
| Tier 1 leverage | 10.06% (p28 of band) | 11.43% |
| Unrealized securities loss / equity | 1.22% (p63 of band) | 0.53% |
| AOCI / equity | 0.67% (p71 of band) | |
| ROA (annualized) | 0.48% (p23 of band) | 0.92% |
| Net interest margin | 2.85% (p13 of band) | 3.67% |
| Efficiency ratio | 78.65% (p68 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.57% |
| Net charge-offs (annualized) | 0.01% (p65 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 92% | |
| Construction % of loans | 57.18% (p84 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.0% | |
| Employees | 40 | |

## 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 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | loans exceed deposits |  |
| 2011-12 | 1 | capital falling | loans exceed deposits |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 2 | capital falling, losing money |  |
| 2013-03 | 1 |  | losing money |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | charge-offs p90 |  |
| 2013-12 | 5 | reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-03 | 4 |  | charge-offs p90 |
| 2014-06 | 6 | losing money, noncurrent p90, charge-offs p90 | uninsured deposits leaving |
| 2014-09 | 7 | uninsured deposits leaving |  |
| 2014-12 | 6 |  | uninsured deposits leaving |
| 2015-03 | 6 | expense ratio p90 | charge-offs p90 |
| 2015-06 | 5 | charge-offs p90 | reserve under noncurrent, noncurrent p90 |
| 2015-09 | 5 |  |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 1 |  | assets shrinking, losing money, expense ratio p90, charge-offs p90 |
| 2016-06 | 0 |  | deposits shrinking |
| 2016-09 | 2 | capital falling, expense ratio p90 |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 | loans exceed deposits | capital falling |
| 2017-09 | 2 | wholesale funding >15% | expense ratio p90 |
| 2017-12 | 1 |  | wholesale funding >15% |
| 2018-03 | 2 | uninsured deposits leaving |  |
| 2018-06 | 2 | charge-offs p90 | uninsured deposits leaving |
| 2018-09 | 2 | wholesale funding >15% | charge-offs p90 |
| 2018-12 | 1 |  | wholesale funding >15% |
| 2019-03 | 3 | wholesale funding >15%, capital falling |  |
| 2019-06 | 4 | charge-offs p90 |  |
| 2019-09 | 3 |  | capital falling |
| 2019-12 | 3 | liquid assets <10% | charge-offs p90 |
| 2020-03 | 2 |  | liquid assets <10% |

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

- 2019-01-17 [Bailey, Hayes get prison for Wilmington Trust crimes - WHYY](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNZ2NPajJSdnlJblFLWHREVlNSeEwwdnJyeXotWTNtVVNvMUdRdC1odmhXd0VVX1hCTDVpdG1iQ0o0WmV6Y0ZTWHdvaDI0a2Z1TklWbi1BM2wwR0wzeVVVanR5bm5hVDdtS0NaM3RGX2NtTzdJOUVsYjNBbjhHNFRIQWpJUERYSC1fSDh4ZHplREp6eF9RNWoxaWhnbHhGWTRJWFcyLTBtLUlaZ00?oc=5) · WHYY
- 2019-05-24 [Delaware Bankers Association elects new officers, award scholarships - doverpost.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNS3B6ZzV5aU5ORTNfRWV3YjUyaVFvX0pxWlBDN1dmMkpTMWREZ2lFYW42V2w4dC1mTS1GN0toa1EtVHJDRlhVTmZ6b1NCM1F2bWxKNEp6QnlvV05PZUJ6SHFPa19JWW5WX1hTT1FNM2FiNzh3TVUwM3VBb1FPdmJ6OUtqOEs1ZWtVZDZPRzRKa25fRXdwWjh1LW5reHlpRGhlbElYazBnSXA?oc=5) · doverpost.com
- 2018-05-03 [Former Wilmington Trust execs guilty of fraud, conspiracy - CBS News](https://news.google.com/rss/articles/CBMijwFBVV95cUxPejNhbEVsN3JQTTJGQTNYVGhMaFZJY1J6S0N0NlZTMU9tUkxMSGp4cGNqQ2dIMVZxY2pReEE4ZW9QX1dLT0txNWYtdEtBdXpLdmNOOVZlcnU4UjgwQUNkeGdlbEk1UndCejZTaFJ0dWV1V3ppZHBrV1lKMVFCWW1MTlZnMDBVVUt6R1R6SXRhNNIBlAFBVV95cUxPVGt4ZlZObE9IWnNudThpZkg4RnRhTmJYRVBLcEJkTk05WGI1d3FYTVNJZzJrNWlLYW5VNkFjME1wRXVrLW5rT3Z4OHdVVkgwSnkxdUVuYlV5U2x5dWpxS0c1cW0yVm5pRmg1N3dVLW11TGVaUDBKSjN1OXdYbkZQX21ocWtYMnh5LUxCaU90MVR2cktp?oc=5) · CBS News
- 2019-01-22 [Final Wilmington Trust fraud defendant gets 21 months behind bars - WHYY](https://news.google.com/rss/articles/CBMirwFBVV95cUxQUVZoQXhQWVQxWTVxYUtKR0tsWms2Y0wwRjdHTDRXdnd5eGo4SmpGNjJTWUE2WTRCVnU1MkVCOThGYy16NG1RWHpiTHF3T3BqY2lMTkJzN2oyMThuQjBxYjZ1V0JBSERNWXZNSklybjdJVlNzUV9fWHp0WkN2b2pZVnlBX0stU1RDRHU1MVZrYnhjSVNpWUNyMjZJNG9JallScnVtcVdFMFFsdFJsdzFV?oc=5) · WHYY
- 2015-10-09 [David Horsey Obituary (2015) - Laurel, DE - The News Journal - Legacy obituary](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNUFWRG5aOE84N0xia1kxdjVkM1pMS0xSbTBrUzhoRVNmWjRDLXFsLU9OYXhFQjB6UlRSSTVTdmtyNE5FcUxORW9aSVJ0QkJSQlJCeHBfYlBKTlZLaGdxZC1KYmoyNjVMdlRiUTcxOGRzRDhtQTRlOVBqejV3LXVtNFQxZDZfM2RyZFVSZ1MzbE1BaGVH?oc=5) · Legacy obituary
- 2020-09-03 [New chief financial officer at Artisans' Bank - doverpost.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNSzBPM0wwbHdtaS0zWV9iWjUzMkkzZHk1QV95bnlPcl9peGkxUFpBYVhIVkxoS0NwcUQ4QlpoX25hS25NRERsbnppbEVZakVhaDN2dWxCSGQxZF9QaG8yWVNudHN6d29NODJ1b2FwbEFZUVk5c2dDRE5XbDJtSndqQ3FtU09ia0NDanBSYnBJd1BSaXRCZ192Nzk3V1FjV2JHUWstLVJNcThVRHQxWlRtUkJ0WkprOHJfYVpDV19LZlg?oc=5) · doverpost.com
- 2014-06-24 [Former Wilmington Trust exec reaches plea deal - delawareonline.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxPc0YwVTlmVkNuVXF5TW1yYVItUHpiUnZrZ0puV1pxTkpUd2c4T3AxTWJQU0NaTERBb0V1VHQ2WFNYOTNqNklET1JwSTZtOGZkdnJ6Tzk1NjBKTUxTUllGek1ZNTFsMjNiLWZCUnRPdzFPRXVSV3hpREdhRGE4eGxwT05aOFpabk5LVEcxMUNCc1hoUzVlR1RqS1hrTVEzandaaFpqcGhGa1lZb3RiaDlUbldQZ0J4QQ?oc=5) · delawareonline.com
- 2014-07-26 [Fallout continues for Wilmington Trust, M&T Bank - delawareonline.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxPa3FzNktqaUlOc09iZVJZSUV4UjF2Y29hRGVnaVFJdldOYnVkNE8ybFRTTjRBX0VGN0F3MXdPMHlQckw4bjh6WlEybkxkRXhIRnluMWd5d2lLZmppY2ZEQ3N1aG56RXNwZXJYendmcmhQRHhicWw0ZkFzTmRZVl9CREFmemtoMlJYdXViMEU2N2ZjSVZ6Z3lldmdEdVVpbU9sSmtqa2g4VkQ0NzFRbTFWbA?oc=5) · delawareonline.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58498 (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/2.json (key "58498", 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