# FIRST PARTNERS BANK
BIRMINGHAM, AL · FDIC certificate 58703 · asset band <$300M · latest filing 2017-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $286.0M | |
| Deposits | $231.6M | |
| Loans and leases | $223.6M | |
| Total equity | $31.3M | |
| Loans / deposits | 95.53% (p88 of band) | 73.48% |
| Liquid assets / assets | 20.79% (p24 of band) | |
| Uninsured deposits / deposits | 26.96% (p87 of band) | 14.60% |
| Brokered deposits | 11.77% | |
| Wholesale funding | 19.64% (p96 of band) | |
| FHLB advances / assets | 7.87% | |
| Tier 1 leverage | 10.90% (p51 of band) | 10.87% |
| Unrealized securities loss / equity | -0.66% (p41 of band) | -0.29% |
| AOCI / equity | 0.32% (p50 of band) | |
| ROA (annualized) | 1.04% (p64 of band) | 0.83% |
| Net interest margin | 4.00% (p72 of band) | 3.63% |
| Efficiency ratio | 64.96% (p32 of band) | |
| Noncurrent loans | 0.01% (p16 of band) | 0.63% |
| Net charge-offs (annualized) | 0.00% (p45 of band) | |
| Reserve coverage of noncurrent | 9479.17% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 72.25% (p88 of band) | |
| Auto loans | $213,000 (0.10% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $3.5M (11% of equity) (p99 of band) | |
| Deposits YoY | 17.0% | |
| Employees | 50 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | reserve under noncurrent, construction >100% equity, loans-to-lenders >50% equity |  |
| 2011-06 | 2 |  | loans-to-lenders >50% equity |
| 2011-09 | 1 |  | construction >100% equity |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | uninsured deposits leaving |  |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 3 | charge-offs p90, reserve under noncurrent, deposits shrinking | uninsured deposits leaving |
| 2013-06 | 1 |  | reserve under noncurrent, deposits shrinking |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 1 | reserve under noncurrent | charge-offs p90, capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2015-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2015-06 | 2 | wholesale funding >15%, capital falling | reserve under noncurrent |
| 2015-09 | 0 |  | wholesale funding >15%, capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 2 | wholesale funding >15%, capital falling |  |
| 2016-06 | 1 |  | capital falling |
| 2016-09 | 2 | loans exceed deposits |  |
| 2016-12 | 1 |  | loans exceed deposits |
| 2017-03 | 2 | brokered >10% |  |

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

- 2017-02-15 [Progress Bank & Trust to acquire First Partners Bank - AL.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE9kUTBxSHVEV3JDTWgyNnMxQkFpS1dYdUQzTlJmUnMtRkd6X0lVcEtGTndSakpNeFNFZ0ZlSUpTSEJjNjcwa0hZZjNpMGpKaHJEc3JqYTIzMXlnZmtLN2N1MGNmbUtaZTZyS0lFeHZ5aU1FMTlsdVhDVEs0dw?oc=5) · AL.com
- 2017-02-14 [Huntsville-based Progress Bank to acquire Birmingham's First Partners Bank - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxQWDNWUHgweWZkVWdiSlE2RXN1SC1YVllMbkZqYWFfc0NEWC1ubHY5emRoV0E4QzNmTEFVWGR6X012c2xvTWxhODljRmllUUtyaU5nQmVUQS1HdS02Z1JyUm8xWlFIOXJrTkcta0pFTWQwYm1IZzdtWVpZVmtaZkYwRmw3UjFCU05qb2RaY0p3NXI2a0w0VXU4YlFJU25adw?oc=5) · The Business Journals
- 2017-12-12 [What makes Birmingham fertile ground for a new bank - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxQZS02UWRsYzZacEJlYnRZUURtM2ZoalpDMU4zckE0YXNYMEZ2bmJaMUtLWUpIRDhhUllIODdNNUppTXpVaWtVWkZhYkpYY1E2azIxeVR4akE1Nm9wb1FhaDJEbmhmSDNjVHF1MnBJVGFtbGdOUzFGOUZIaWNmcDFsV0psZm1zTDNTSUdSS1NuQ1A?oc=5) · American Banker
- 2015-06-19 [First Partners Bank expanding to Florida - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxNZ1EzTHZGQ1ptUUdDZDAwWlNHS0JGTXNVYnM2WnNONmdpUFB6aS1jS296bFVneTRhcnc1Tk9BamF3cUx1MXhPNHFDOTJKajcwbm0yUFhVc0xENDR2ZFpDWFRxNjFuVVZUcWF5UVg3dlREUFQ2TVR5XzNwVUpXcVF3UEZDLUpVTmtyTUJ2M0ROeTh3Smo3OG43YktaYVZPbjd4?oc=5) · The Business Journals
- 2018-04-25 [Birmingham bank vet forms new company to acquire local bank - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxQNV9wYzFMbWxKdUJ6YmVfTF9WbVNDdVZ6UmdzLUU2eS1pSFZfVWZlRDBPQUVfTWtRWThudWM5c09QTjVtRHBIQWM5emxaR2prMVA3YjBoSm50Z2dGbEdlaUtfSVhiSGd4Q1VIdFZHTDBVcVh1aDNBQktNRjJVeWpQYzhqR1NPemI1cTZnV2Z3SThMWFY5bzNKbkVCbHVWNjBpVldYVkxOQVI4WkJ4?oc=5) · The Business Journals
- 2019-03-01 [The leader of Bham's newest bank startup talks future growth - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQODdMOE5KbUk5SjhNWm9WYUJIRGxIZDVpNDZzWHhxbzNGdTRBTTdNWDNNLVdLOFRXOHlYVXlXUDNoR3laYjFoTXlRWkY2UTNpM01iRW13czBHbXF0MlkxTThCWV9KTEpnb3lWZ0dZMHZvcWdWZzZ0aGh3WEszRVg5eHFfZHN5dnJCUnpYN3hKeDhwVU9HUzBaVFVEei1ZZmwyN1RKekdBcV8?oc=5) · The Business Journals
- 2017-03-22 [Regions, First Commercial vet to lead Alabama bank's new Bham office - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQaTVBWmg1OFJIOEJYV3BqemJJcjBkV0QtTkcwMDlsLUZZb2x6bUJSaGJSbWFIbURQTHRwLUNTV0k3YWp6cWhGTkFxM2VCQWttamhSbDZHMEI3bmROcHd1aHZuNEIzS0J4eGFtUHRzNTRSMldRa3RFQjI5RVZuRlRYanFvUjB5dk9YQjBCd1VvNlVqdDRUTHI3Z1Z1Yjl0NXozNHhhSFQzMEw2TFNiVXV3?oc=5) · The Business Journals
- 2022-05-05 [United Community Bank to acquire Progress Bank not long after buying Cornelius-based Aquesta - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxNelIzc2U2NE1HOHJSRzN6czdFS0pGblBUYjd0c3JpZE5MdU1qR25SbFFNb0pSLVNXVTFOSkN3SnRPd3U0MEhMdnJDa3RoYVh1aWZKMXBlRW5HUG1RV0tlYk5qdWNId1BSd3ZGcG5PcndIYmpGVDRTWDZud3JUNFZ0ZkVmckgtM2E5Q29maDBTdGRyZXJ3VThiVnZ6U0VlTU5NMExRek5R?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58703 (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/15.json (key "58703", 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