# LIGHTHOUSE BANK
SANTA CRUZ, CA · FDIC certificate 58646 · asset band $300M-1B · latest filing 2019-09 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $321.8M | |
| Deposits | $277.0M | |
| Loans and leases | $226.7M | |
| Total equity | $42.9M | |
| Loans / deposits | 79.89% (p37 of band) | 85.55% |
| Liquid assets / assets | 26.74% (p61 of band) | |
| Uninsured deposits / deposits | 31.53% (p77 of band) | 22.02% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.20% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.24% (p84 of band) | 10.66% |
| Unrealized securities loss / equity | 0.38% (p32 of band) | 0.93% |
| AOCI / equity | 0.21% (p13 of band) | |
| ROA (annualized) | 1.58% (p79 of band) | 1.13% |
| Net interest margin | 5.09% (p96 of band) | 3.75% |
| Efficiency ratio | 53.95% (p17 of band) | |
| Noncurrent loans | 0.09% (p16 of band) | 0.53% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 2741.62% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 72.90% (p79 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 6.8% | |
| Employees | 31 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | capital falling |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 2 | deposits shrinking, assets shrinking |  |
| 2013-12 | 3 | construction >100% equity |  |
| 2014-03 | 1 |  | deposits shrinking, assets shrinking |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 | capital falling | construction >100% equity |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | construction >100% equity |  |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 1 |  | capital falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | capital falling |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | construction >100% equity |
| 2019-09 | 0 |  |  |

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

- 2024-11-08 [Monthly Bulletin – October 2019 - The Department of Financial Protection and Innovation (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTFBFZVhITk4xeGhBNkxRUG9WRGcxaUZsX3dsQVJZRWJ2bFROTXYyX1NxekZWaEpWN0U1XzRnaUpFU1FwT3hlRUY3bXBZNnZ5Ynhfd0RQY0pxel8zZnZTdzV2dmZMSGh2Z1l1RW1mcFljOFg0SS05MjRJSm90WWlBZw?oc=5) · The Department of Financial Protection and Innovation (.gov)
- 2019-05-28 [Santa Cruz County Bank and Lighthouse Bank Announce Agreement to Merge - PR Newswire](https://news.google.com/rss/articles/CBMixAFBVV95cUxNUmU0YmlrTFBPNFZvUzRkOFlLTDdKazBuejRtSWIwUWNIVk05YXp1dHJZTDBRRmtHa3FKMGJWWHFoTEE3bXYwdk40b1pYd21IVGFzbVgwSDZHVnRlbEk1WXlFTFBMYk53Njc5YThjV2kxLXEwOGZ5THVsSVA0QmY1STlySDd4ZWpVWFVPVGhJMTFKZnc4cVJYMGFsZWxMbU9UNUQzRnhDazlyd1g2c3ZUV25uTDQySnlOaVZZRmpmQUlzdFU3?oc=5) · PR Newswire
- 2015-04-20 [Lighthouse Bank announces leadership change, profitable quarter - Santa Cruz Sentinel](https://news.google.com/rss/articles/CBMitgFBVV95cUxPVUl5Z3B1dDh2S3lYVmVuXzhKdWZHMlM1OUQwUHZCazEtTTlfTjlxRDF4UjZGNGpOYndQazBRbFUxT0s1bTl4WEpRM0t4d2ozNGswS242ZVBFS241RXFOV0FhYnNjX1R4SXpwWmVXS3IzeVFUclZEOTNLZnpUVG5VeV8tZE44OGtTQ29GSXRMQjM5NW93WkFBNm1jVmFVa2ZWVFNobWl4dm9HRUsyVkZvb2RBVGRZdw?oc=5) · Santa Cruz Sentinel
- 2018-03-09 [Ditlevsen Joins Liberty Bank as SVP, MD/Business Development - ABF Journal](https://news.google.com/rss/articles/CBMikAFBVV95cUxPUHZLUUgzWDlUUWhKdlpQQ0ZPNkRHaEcyOVR6Qk9DZkpDalJfTDUtaEVtdm9SOWVJT3NuNWQ2ZzZwM2Q5R0htWDZCeW8yemplMjZjQWFWMWFNV053WE0tU21Dd3Z2dVJOaFhMRzQ2bkVxdEE2LTZmeU5KSW9UWWJVUGZEZ1F3TFpiMlRycVhyR1Y?oc=5) · ABF Journal
- 2018-04-17 [Apple Pay expands across US, Canada, Italy, Spain, and China - 9to5Mac](https://news.google.com/rss/articles/CBMieEFVX3lxTE1WbnNfVlpEUmpzZnYxeldvYVh3VTVYUjFtWEgzYVRnX2V6b3ppMlNVbXpwWC1IZVNwM0dGam1YLTFqbUpJby1PeVdCUnpvcEVya0wyU0t6OGJkc2Q0eEpTbGZWemZEb1JVZDh5R3d6aXBNdk5ieUVEMA?oc=5) · 9to5Mac
- 2018-10-29 [Aptos Chamber celebrates award recipients - The Pajaronian | Watsonville, CA](https://news.google.com/rss/articles/CBMic0FVX3lxTFBXYVN5NndNMFdqV202ZkVRc3hCWERMaUx6ZDN5aEVZeVpxc2p4WGNYTll0Tm8zMHIzYkFJamt0MVhrbFBxdTZYMVhRV284bVJaajJlM0Y0bzNKX2dwWldjVU90NGl2bDA3cGNuZ01JWXpmVnM?oc=5) · The Pajaronian | Watsonville, CA
- 2016-04-20 [Crowds jam Lighthouse Bank in Santa Cruz for grand opening - Santa Cruz Sentinel](https://news.google.com/rss/articles/CBMisAFBVV95cUxOX1pKdi0xOUdjQkxIdGU0VXlJTUprSXZNc0ZtX3dfQ2ZGS0pBLTByTlZwTDBVSVJQYXFVOG91QmFZUElpSUczTGJqVTRZc05kNm81M29PVFVUSlVfa3hNc01mWkstVUZFeHp2dHJpVzlMcmxWVmY5LW1WUTJIb0lVOGttN3pYb29tMnE1WWFSNC1lY0dJUll0cVp5OWxicnM4RXNmRDVhU3NsbC1GaWpsSw?oc=5) · Santa Cruz Sentinel
- 2021-10-09 [John Newman Obituary (2008) - Santa Cruz, CA - Santa Cruz Sentinel - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNNm5tTkh2MXQ3TWlVUlcwUjJiRE1DT3B3YXllMS0zWmhqS1IwUmlpTG9taFZDblNEQlhNRkV0SXRGYWx2dWZVRzVTMF9FWGhVY0VUVWR5dXRMZ2xMbzNGd2x5cm5fd0Zaenh5Q1kzQUMzdFJCNV80Q0M3YWE4cjNVS1A5Tnl2d2RIX19fZDJDcENBRHVUNnhj?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58646 (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/22.json (key "58646", 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