# ANDEREN BANK
PALM HARBOR, FL · FDIC certificate 58578 · asset band <$300M · latest filing 2012-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $198.7M | |
| Deposits | $161.0M | |
| Loans and leases | $143.8M | |
| Total equity | $37.5M | |
| Loans / deposits | 87.36% (p86 of band) | 67.95% |
| Liquid assets / assets | 23.00% (p20 of band) | |
| Uninsured deposits / deposits | 25.78% (p95 of band) | 8.38% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.71% (p92 of band) | 9.95% |
| Unrealized securities loss / equity | 0.85% (p29 of band) | 2.77% |
| AOCI / equity | -0.31% (p27 of band) | |
| ROA (annualized) | 0.19% (p18 of band) | 0.78% |
| Net interest margin | 3.63% (p43 of band) | 3.77% |
| Efficiency ratio | 103.26% (p92 of band) | |
| Noncurrent loans | 9.97% (p96 of band) | 1.40% |
| Net charge-offs (annualized) | -0.42% (p1 of band) | |
| Reserve coverage of noncurrent | 21.35% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 60.97% (p85 of band) | |
| Auto loans | $856,000 (0.60% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.9% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | charge-offs p90 |  |
| 2011-09 | 1 |  | charge-offs p90 |
| 2011-12 | 1 |  |  |
| 2012-03 | 5 | expense ratio p90, noncurrent p90, deposits shrinking, assets shrinking |  |

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

- 2024-05-17 [Meet Sharon Hill, a 2024 CFO of the Year honoree - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNU1dPb05fYldDWkJtMHhrckdibjFnU3pfX0p3T2hCMUxEc3lmeWw4NmV4R091WUFkMTFIeThmZk9NSF9helVMRlVJNTZxTWVYbU9IYkQ2WE9FZzlxVFprWjg1R1haWlczb1djMEJybTBELTQ5ZTlEUzJHbUFOT2V3V0FCbWNWMXJsUzJBRGpHM1lGMWdIWUNBdXFyNVJTUl9UNGtkNlhOMUk?oc=5) · The Business Journals
- 2025-09-05 [New to The Street’s Client AtlasClear Holdings, Inc. Expands Business Lines and Prepares for Timely 10-K Filing - Online Athens](https://news.google.com/rss/articles/CBMi9gFBVV95cUxPRTBQenBndGlRZ0ZKMkFib1ZOOTk3Z1hORzFfazdSNW1rcWVMSm9OUTh1OHdxQ09VN05tdXJUNTgzdWdKSEkwX3VFLUtXYkxHRjkwb3BldW5COHdMdzhxdkxtZFBBMnhCU2RLOFU1YmpZR3F1d2pLZHZaS095c3AxSklxQTROQndTSm40eWZYR19zS3lyOEdBVzRSeFRHLUdvdEtENXE4SWR5YXJVVk03U19QNHk1azJlQ3lSM21nc3VaUHVBNDdIV2VXNHZ0Q2F1NGZXQ3pDcXBHNXZ0M21FdVBNZ3hLaF9DZTVYdGhkQ0ZLV2djbGc?oc=5) · Online Athens
- 2024-05-24 [2024 CFO of the Year: Sharon Hill, CFO, Climate First Bank - The Business Journals](https://news.google.com/rss/articles/CBMijgFBVV95cUxQc2VPMU1SakVOYm1jZXFCeU9xdUt4bElScm0yX3ZJdVFPd3hVVms5Zm4zbXE2RUM1WHkyb1g0cGEwM2FCX1ExclBEd2FqZERIUzVnUzlSUnFxUEdqaF9sX1VxU3hkX1BRRGZ3Qm42NzkzY1NYaUVsakh1U3hGQVJKZXhrR2V5d19rYWg1UjF3?oc=5) · The Business Journals
- 2011-10-25 [1st United Bank CEO: There's still room to grow - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxQYUU1T0JGZWU4UEZlS1pzV2k4TnQtbHZFb0RMT0lLSnhWaDRJYzZFWjZ5V3EtWW5ETU9CWjNlN0FmM0o1NDVzYWlJcC1Lb1lpOEtwOHlfdmhoQjZaQ052TjZwRWV2N1g0Y3FUdjVxYWpLZ3hna3BJSE9kTnVIM25tYnBtUGh3LVhrSW9IaTRlWEF0OWZUNTFURTd4VVo1Zw?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58578 (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 "58578", 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