# EMPIRE NATIONAL BANK
ISLANDIA, NY · FDIC certificate 58632 · asset band $300M-1B · latest filing 2020-09 · 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 | $920.9M | |
| Deposits | $803.0M | |
| Loans and leases | $680.2M | |
| Total equity | $102.7M | |
| Loans / deposits | 83.73% (p55 of band) | 81.65% |
| Liquid assets / assets | 21.96% (p37 of band) | |
| Uninsured deposits / deposits | 55.38% (p97 of band) | 23.92% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p9 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.10% (p54 of band) | 9.93% |
| Unrealized securities loss / equity | 2.10% (p42 of band) | 2.75% |
| AOCI / equity | 1.63% (p52 of band) | |
| ROA (annualized) | 0.66% (p21 of band) | 1.06% |
| Net interest margin | 3.01% (p19 of band) | 3.52% |
| Efficiency ratio | 63.96% (p50 of band) | |
| Noncurrent loans | 0.36% (p40 of band) | 0.50% |
| Net charge-offs (annualized) | 0.08% (p80 of band) | |
| Reserve coverage of noncurrent | 322.66% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 11.67% (p20 of band) | |
| Auto loans | $425,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -11.0% | |
| Employees | 61 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, wholesale funding >15% |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 | expense ratio p90 | wholesale funding >15% |
| 2012-06 | 2 | capital falling | brokered >10% |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 0 |  | expense ratio p90 |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | wholesale funding >15% |  |
| 2013-12 | 0 |  | wholesale funding >15% |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | brokered >10% |  |
| 2015-12 | 2 | wholesale funding >15% |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 3 | uninsured deposits >50%, capital falling | wholesale funding >15% |
| 2016-09 | 3 |  |  |
| 2016-12 | 4 | wholesale funding >15% |  |
| 2017-03 | 3 |  | wholesale funding >15% |
| 2017-06 | 4 | wholesale funding >15% |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | reserve under noncurrent |  |
| 2018-03 | 5 | expense ratio p90 | reserve under noncurrent |
| 2018-06 | 1 |  | brokered >10%, capital falling, wholesale funding >15%, expense ratio p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | expense ratio p90 |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | expense ratio p90 |
| 2020-03 | 2 | deposits shrinking |  |
| 2020-06 | 1 |  | deposits shrinking |
| 2020-09 | 3 | deposits shrinking, assets shrinking |  |

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

- 2014-07-22 [Q&A: Doug Manditch, Empire National Bank - Long Island Business News](https://news.google.com/rss/articles/CBMidEFVX3lxTE9KRzEzRF9DZkJEX2pGRi1mV3lGaFJleE1TVExuV085VGFqRzl1cmdMbWpBQ01wSUU3d3QwS0pJdloxTVZJbDJ1X05nNHJ3amo1RklXTUhGcFFNWWQtU3pEX1JEdGJ2ZkJ4V0dLQl9Md1Z2Tkgz?oc=5) · Long Island Business News
- 2016-03-01 [Empire National Bank promotes eight of its bank employees - New York Real Estate Journal](https://news.google.com/rss/articles/CBMiQ0FVX3lxTFBqSjZ4WkJuUmE0eFpTNFR2RS1UNE9mYnZpOEZfa3hUUmR2TXFneUk1aGZkcGVIRmoyUnRRRG1ydDQ1aTA?oc=5) · New York Real Estate Journal
- 2020-11-18 [Flushing Bank completes acquisition of Empire National, including Shirley branch - Greater Long Island](https://news.google.com/rss/articles/CBMif0FVX3lxTE1EZ0hvUjNSMFRfSXdlQXp3cmVjcGtSbll3S0M2Z2VrbFJhZ2hHd2JKc18xT2hub0hoOEJLVU1sVzNOQkdRQlRGVE80bkVkNXQ5UThRNDZhcnAzN3ozcWZMS05JVkpyZHYyS05UTkVNSUcxdWF3MlRNdmFfZXdTdjQ?oc=5) · Greater Long Island
- 2024-12-05 [Huntington Pols Founded an "Un-Safe" Bank - Then the Town Backed It... - thenorthshoreleader.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxPTVRtVG9telltS1loc3JYODdJRzFlM2Q3TlhBSXF4Tnk5SXdFQ09kOGhMNFVPZXlMUkc3bE03S1pTSkF2VTVJcDE4VjdmRVo0R0twNm1ZajkybTAxMkNYOTBoazV2OUFicjZFVlYwWkhqcEFxaXNQQW5oeFFiTHdMd25rVFpKZlFDa1lERjBMeUE3SlJVTGRIMGF2VTlaNmZmT3JWV05fdGpOaDQtZFZFcg?oc=5) · thenorthshoreleader.com
- 2016-02-25 [Long Island hires and promotions: Dorothy Overton, Empire National Bank - Newsday](https://news.google.com/rss/articles/CBMirgFBVV95cUxOS1Z1eWNDOTJjelI0TkZnbGZuMm1KcXBGazEtclZRcG5FRGhaRHJLeU54UVJRRkFwdjZaMHpQOFhiOGsyREwtc2R4U0pPNHBqbjEyZU1HQVJpZFRGcU9LUFRqaUYwQW1NcF9zQ2FYb0Y1Z1YzVVdLNXlnM1NqT2hqMmwzNHRLcXFsSEUwLUh0elpMR1VTcEV4RFdTRmhDZ0NjZHp6Y1VfdlRHbFpSSHc?oc=5) · Newsday
- 2015-02-05 [Richard Corrado joins Empire National Bank - Babylon Beacon](https://news.google.com/rss/articles/CBMiigFBVV95cUxNMkRzOHQwdEtlUDE2aU5qNmw2Sk1zMXV1MFNMSDhVWTdIa25waWVkcjNZWFlXOHgwaHBod3BUQXpEWFZxb190NjNtdVlrb0xPSUVuNmcxQ3BPMjFiNGVRV1ZveDhiVWdtb011YkMweWpSd01OU0tzOHRwQ25kVUVkd21Dd01McUZGYkE?oc=5) · Babylon Beacon
- 2019-10-25 [Flushing Financial in $111.6M acquisition of Empire Bancorp - Long Island Business News](https://news.google.com/rss/articles/CBMikAFBVV95cUxONmNsc2lIa21XaEdOdzYyX1ViN1pJRHZzUVcwYU0zZTRyVFJxWHJZYTdyYnJtMm9ZaXBDUXZKbmVPaWdpV25XeHhYNUY1VlM0WktSSEp0MWJOWEFnWlNPQ1h0T0hjcnBpQUVuY0RWTlhDUTRMMF9HTUpjTHE5LTVFQ0RaeEFjNV9OT2V4Q2tHRW8?oc=5) · Long Island Business News
- 2020-11-19 [Flushing Bank completes acquisition of Empire National, including Port Jeff Station branch - Greater Long Island](https://news.google.com/rss/articles/CBMivAFBVV95cUxPdTZuMVB4SjI0NElFYW9jMkhOSEdZV1MyMlZWM0lHalZtWjNMb2dfSkE3ODBLOUlWbzZDUnpQOWptNkQyRUQ3RlRwOXJQWXo2UDVicVh3R19OdnNkU241a1NsNUY4ajlmMFV1TjBpRGVxN1B0TDJPREVpa0xaYTJ0Tjk2emM4a2Z2OVJFdU1BMjhmVHdqbVZLdW4xU1RwQmtmRkZuQ25IdVZWN3pkdkl6TnllTnBTeDE2MWJwcw?oc=5) · Greater Long Island

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58632 (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 "58632", 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