# PRIME MERIDIAN BANK
TALLAHASSEE, FL · FDIC certificate 58694 · asset band $300M-1B · latest filing 2025-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $956.4M | |
| Deposits | $853.8M | |
| Loans and leases | $719.4M | |
| Total equity | $95.0M | |
| Loans / deposits | 83.58% (p55 of band) | 81.53% |
| Liquid assets / assets | 21.42% (p37 of band) | |
| Uninsured deposits / deposits | 39.08% (p85 of band) | 25.77% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.27% (p26 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.20% (p43 of band) | 10.58% |
| Unrealized securities loss / equity | -7.74% (p50 of band) | -7.83% |
| AOCI / equity | 2.99% (p39 of band) | |
| ROA (annualized) | 0.63% (p17 of band) | 1.16% |
| Net interest margin | 3.58% (p40 of band) | 3.74% |
| Efficiency ratio | 73.96% (p79 of band) | |
| Noncurrent loans | 0.84% (p70 of band) | 0.37% |
| Net charge-offs (annualized) | 0.13% (p84 of band) | |
| Reserve coverage of noncurrent | 95.91% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 63.52% (p65 of band) | |
| Auto loans | $347,000 (0.05% of loans; DQ 6.92%, NCO 0.00%) | |
| Loans to nondepository financials | $11.2M (12% of equity) (p97 of band) | |
| Deposits YoY | 3.9% | |
| Employees | 108 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## 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 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | capital falling |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | construction >100% equity |  |
| 2014-12 | 0 |  | construction >100% equity |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | construction >100% equity |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 0 |  | construction >100% equity, capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 | construction >100% equity | capital falling |
| 2019-12 | 0 |  | construction >100% equity |
| 2020-03 | 1 | charge-offs p90 |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | charge-offs p90 |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | construction >100% equity |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-06 | 3 |  | assets shrinking |
| 2023-09 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | charge-offs p90 |  |
| 2024-09 | 1 | capital falling | construction >100% equity, charge-offs p90 |
| 2024-12 | 0 |  | capital falling |
| 2025-03 | 0 |  |  |
| 2025-06 | 2 | capital falling, charge-offs p90 |  |
| 2025-09 | 0 |  | capital falling, charge-offs p90 |
| 2025-12 | 1 | reserve under noncurrent |  |

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

- 2025-04-23 [MidFlorida Credit Union buys Tallahassee bank - Banking Dive](https://news.google.com/rss/articles/CBMinAFBVV95cUxPNVFsczhvRGFKNm9vUnM4QUJmSkFGdDhyNGFSZmwxMUxCZUotb2hoNkxGYnVyVTZGX2lnYVh1X0pET3RHNExuUi1pcjF5VWdCWWFLTGxXOEtnanBiWW5QU1F2d0EyZUVuVHFYSk4zWFNCbTF3cU91T0tFa3AxYkh6ZjNTazE5SGVtYkt5UXRMdkNFLVRlVW9wejZpTkY?oc=5) · Banking Dive
- 2025-04-23 [Prime Meridian Bank to be acquired by MidFlorida Credit Union, no layoffs planned - Tallahassee Democrat](https://news.google.com/rss/articles/CBMixAFBVV95cUxORnc5U0Ffd0R6VVMwTVJkWGZuZWNOV3ZYeDExNzk0S1VqS3RRM1d1SW5Pa2FhN1RlaVVRSXpJRHBtT3pVMnV3SnBGLWktLXNkS2VORXVkU18xRXk3QS1fQzFUbHhCTlBEeXdkU3JaMTRrSWFSM0YyLVFWb1g1OE5fNjExRkNIY0RNYXhHaVVXel9xRldEdGlMaG1PNmhneERjUUtGR0IteEtGM1B3SkYxU1k4Q3FsQTFIUjZQNGdnSWYyMXBZ?oc=5) · Tallahassee Democrat
- 2025-04-23 [MIDFLORIDA Credit Union to Acquire Prime Meridian Bank - Tallahassee Reports](https://news.google.com/rss/articles/CBMingFBVV95cUxNNkNfQjg0OEc4SndUTUxWNGNDZVdSbVZoQ1VzVXJCMDBjcmtQSEpaYVJDMF9ySTloWTlQb2VybEZpV1Z4cDRKSVVCMFUzUnJDUnJzcTlISms2azJxb0FldU82bXduVnZDS3hsYVlDQ3RfUTNXVEJKeUI4VG1FT3BINTUzS3RSS29feThGb00yU2NzaEdWTVFHZ3VXM1Zvdw?oc=5) · Tallahassee Reports
- 2025-04-22 [MIDFLORIDA Credit Union To Buy Prime Meridian Bank - cutoday.info](https://news.google.com/rss/articles/CBMikAFBVV95cUxOOUFlMzM0Uk5pVHQwNFdhMHRkRkNZRHFpT29YSkRpVFlmRGdpWGJDSklpYUFwTTRzTWtodFg2UFdkTV9uRTd0dEI3d2JzaFExYlJIVXN1cDlkejRhY24xdHh4Q21HdXV6bUI5UjJidFJkVEtsT29pZmhHSVJSVFhxMy1ZY2dUak1yMk9sSE9qYjU?oc=5) · cutoday.info
- 2019-04-22 [Polk banking veteran opens county's newest bank, Prime Meridian - Lakeland Ledger](https://news.google.com/rss/articles/CBMixgFBVV95cUxPa1FOSW9veWFmeU1hMzZsZTdXYjZmVlJlTWhxelJzMUU4ck5QZmlPbTh1WW12S3Z3MTlfQ2RIejZ4WGJJUVRsWFlhVVdXR2RSUGUxWXJ1VW04OGxVbGp4cERVeGxlaFBpcmNpeTAtcUdWLWNjb3RYNlVrSkZ2dVpsdWVjMmM0dmt5OWdDeXNRbmJSLVpvVi1LVElpYU1kRmZTSUxmRVVZcmZFcVVNZm5ZUkx0Y2F3cE5UODNidTE1NndWWEJNenc?oc=5) · Lakeland Ledger
- 2019-04-22 [Prime Meridian Bank Announces Expansion to Lakeland, Florida Market - Tallahassee Reports](https://news.google.com/rss/articles/CBMirgFBVV95cUxNdkhJSlNQeWNTV0IzUnVLT1hOcnBoX25MdXpuYWRWc3lzdGNXYlU5RUFfdEFTU3FKN09sQTZPMEdGY0tVUGFDNVBUWks3SGZGMTdHWjNFZWpIR0NQS2x6T2NqT3F6SDc4TVl1RzNZcnVWOFFRQkd0amt4d3pkUVJ0Qk1yWWdCYkctTktJc2t4Z1VWQ09jazkxaktEVkVGTlJFQW5oNGk2TS14SnRDRXc?oc=5) · Tallahassee Reports
- 2019-05-08 [Prime Meridian Bank announces Q1 results, Lakeland expansion - Tallahassee Democrat](https://news.google.com/rss/articles/CBMivwFBVV95cUxNcHc4SHRIdjk2MkdOeW9VNEt1RTZiaGpDWTY0WEtHVld6aUlNUVhoWjVESVpMZmxGWE1WZW1La1BCbUpabzVJREFtSDN5bzFqcUJ0TzBVTzYyQ1RzQVh4UlhBZ1hCSWZvbjBKWXRiQXJnanFpSC1tN21iTVNmclVvOC05N3ZDb0Jfejl5TkYwdUhQUGdRMjdtakx1WjlyMEZQZy1UenVzRjQtMTFfbU5zaHVvODlEQ1J0bkQ0WWlodw?oc=5) · Tallahassee Democrat
- 2014-03-02 [Prime Meridian Bank Initiates Stock Offering for Possible Expansion - Tallahassee Reports](https://news.google.com/rss/articles/CBMitwFBVV95cUxOMDdIdWp2cjBsbVFTTlhxaFlRbVUtX2pmb3BTUGVjVGxIYl9jR01jRXRrbjVnNklqdVF3bVdqc0pGLW5pWDlDMkZEcDE4WS0tVGJIRkttci12cEk5eGtIRHJlbXF4VnVrOEJocS1ObFl1V2tERm9obVNaVXV0dVpxLVN4dDFxbVY4ZkFibzRJY2lrWV83TUtUd1EyQXJHREE1MHY2TEVySUFjeVN5TEkyaEpUV0d1cTQ?oc=5) · Tallahassee Reports

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58694 (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/6.json (key "58694", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide