# REVERE BANK
ROCKVILLE, MD · FDIC certificate 58640 · asset band $1-10B · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $2.84B | |
| Deposits | $2.31B | |
| Loans and leases | $2.51B | |
| Total equity | $307.2M | |
| Loans / deposits | 107.55% (p92 of band) | 89.07% |
| Liquid assets / assets | 9.14% (p4 of band) | |
| Uninsured deposits / deposits | 26.04% (p45 of band) | 27.79% |
| Brokered deposits | 1.79% | |
| Wholesale funding | 8.36% (p58 of band) | |
| FHLB advances / assets | 5.93% | |
| Tier 1 leverage | 9.99% (p41 of band) | 10.26% |
| Unrealized securities loss / equity | 0.59% (p36 of band) | 1.40% |
| AOCI / equity | 0.08% (p36 of band) | |
| ROA (annualized) | 0.08% (p11 of band) | 0.87% |
| Net interest margin | 3.54% (p53 of band) | 3.51% |
| Efficiency ratio | 70.22% (p70 of band) | |
| Noncurrent loans | 0.47% (p45 of band) | 0.53% |
| Net charge-offs (annualized) | 0.68% (p97 of band) | |
| Reserve coverage of noncurrent | 215.80% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 109.91% (p95 of band) | |
| Auto loans | $17,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 11.2% | |
| Employees | 227 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2014-03 | 2 | capital falling | liquid assets <10% |
| 2014-06 | 1 |  | loans exceed deposits |
| 2014-09 | 3 | loans exceed deposits, brokered >10% |  |
| 2014-12 | 5 | wholesale funding >15%, liquid assets <10% |  |
| 2015-03 | 3 |  | capital falling, liquid assets <10% |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 5 | liquid assets <10%, capital falling |  |
| 2016-03 | 3 | construction >100% equity | loans exceed deposits, liquid assets <10%, capital falling |
| 2016-06 | 3 | loans exceed deposits | brokered >10% |
| 2016-09 | 4 | capital falling |  |
| 2016-12 | 2 |  | wholesale funding >15%, loans exceed deposits |
| 2017-03 | 1 |  | capital falling |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 3 | loans exceed deposits, brokered >10% |  |
| 2018-03 | 3 | wholesale funding >15% | loans exceed deposits |
| 2018-06 | 2 | loans exceed deposits | brokered >10%, wholesale funding >15% |
| 2018-09 | 1 |  | construction >100% equity |
| 2018-12 | 0 |  | loans exceed deposits |
| 2019-03 | 1 | loans exceed deposits |  |
| 2019-06 | 2 | construction >100% equity |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | capital falling |  |
| 2020-03 | 4 | liquid assets <10%, charge-offs p90 | capital falling |

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

- 2019-09-24 [Sandy Spring to buy Revere Bank - American Banker](https://news.google.com/rss/articles/CBMidkFVX3lxTE5OdmtlOEVLaXhQZHROdG0xY0lSOGpvNUN3bG5ydlotM3E5ZU9xUUVfdXdtajNVdXQySjU0WFNGLXpSeG5heGhBUWhSZHNCQnVSejB6MFo5TF9sVWpYQ3Zxb0hXQy04UEdEZm1GaU54dzdaeUhpd1E?oc=5) · American Banker
- 2019-09-24 [Sandy Spring Bank to buy Revere Bank in $460M deal - Maryland Daily Record](https://news.google.com/rss/articles/CBMihgFBVV95cUxOSHJWc1FTZU1EYU9RdXhydFUwamlFYmUwNjlIVlA3RWxjVUVDSVhNYjZYdlA1WWFvWWJ3ZUZUZzh0ZHJZMjBhZUU0LXZZRXhFcDJzVjRDMzdaRVlFOGdvNkMwTWNOWjVpLW11aVV4T202LWl3Y25iQlJoY2Zpc2MwU3Y4dGgwdw?oc=5) · Maryland Daily Record
- 2022-10-31 [Sandy Spring Bancorp, Inc. Announces Retirement of Kenneth C. Cook, Commercial Banking President - I95 Business](https://news.google.com/rss/articles/CBMiTkFVX3lxTE9YaER0UHJqN2JsWWp0cEd2YlM4OGxfRGctdGtJZ3N1OEVaVTN4WmQwSUhZVzlma0VLeGlNVUNPdXVTM2RTcllzcHNTSkFwdw?oc=5) · I95 Business
- 2019-09-24 [Sandy Spring Bank buying Revere Bank in $460M deal - WTOP News](https://news.google.com/rss/articles/CBMilAFBVV95cUxOdFV0Ty10OWFLTTNraTB1OXlIZnRJdUl6RDZ0d0hIVUd3eDdmQmZsVXBGbzdNLXlNcC1tcS04TWlkLWJIOTh4TjhNNG5EZ3RJUDlQM25JRzRXSkRVQlBNU1JScnd0TzR4TGdiMm9lZEYzNGxvSTdKTWF6RWh2RDQ3SW1mNndRNnptRk8tS3lyOXdER3Zt?oc=5) · WTOP News
- 2022-06-01 [Sandy Spring Bank Names Aaron Kaslow Chief Administrative Officer - citybiz](https://news.google.com/rss/articles/CBMipwFBVV95cUxNTVFGTzNNZVVUY3NDSUhTQzI2WlNfUzZxV3U1WTdRZ1RQLVNrbVZvUkk0UXBOQW4ybTYyZjZJZ2Rwc2NPYzcwaGJ0RU43N0xLM2Z3VHJuV2NPYU1XR25LTnlFSGRaTlVIV2NxdTRqT0JnYTMxRkdZUXdCYWNjNllYeWZtdG9NOU5MelZ3UjJpWkdPdHQtNEZRSzRxaGloLXFUbHRuWHJOTQ?oc=5) · citybiz
- 2019-11-11 [Bank M&A in 2019: Pace up, premiums down - American Banker](https://news.google.com/rss/articles/CBMif0FVX3lxTE9TeW8xNGw3NTBfV2hJMXZsWW9xa1FrbVR6Qm9WZjR6bldHdGNlWDlLb3djTjI3ellTcmZHOS1zWmZzV1dNcVpqVGFPOTNINTVFVlBNZ21HUnFRdENDaVB5ZjNVUF94b204OENfVWIwemxPU09fZ1J1TFU4Rnh5Zmc?oc=5) · American Banker
- 2019-06-10 [Exclusive: Bank of Georgetown alums founding new bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPSi0xd19oVUZjenpHOFNLNnVXZmhkSjFpY1pMd3RLZ1lZN1RaeWd3Z1pRSkczNzJTYm1zWHVReEZyTUlKM08wX3BYby1aRWE0X3ozQXdMWnF1WG96VEY5THljY0lIQTRUbnBucUlkcGhhZHZ1RDM0ZGJyaWVPTTFxWGdFbENhQmZsTFNxd2ROanZQVmEtZXVlc2hkcUUtR3ptMTdfVTFua1JKQQ?oc=5) · The Business Journals
- 2021-10-19 [Christopher Marasco | Sandy Spring Bank - Maryland Daily Record](https://news.google.com/rss/articles/CBMiggFBVV95cUxNRkMzcnEtZzdGSkhGMzZxdkJrSnZxSU9UVU5pQlNoN29GWHpZYnlJNEY0d0pncGxTdm1QcjdrYl9rLW9sWk1KbGtJTXY4YnFMcTBQNzZtU2tQakhrbTZXZTEwRU5PQ0VLUjdOT1JaSFE3aHN6VTVmR3F4RU1HWUlETE5n?oc=5) · Maryland Daily Record

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58640 (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/16.json (key "58640", 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