# HARMONY BANK
JACKSON, NJ · FDIC certificate 58713 · asset band $300M-1B · latest filing 2016-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $313.7M | |
| Deposits | $277.5M | |
| Loans and leases | $261.3M | |
| Total equity | $24.9M | |
| Loans / deposits | 92.95% (p71 of band) | 83.96% |
| Liquid assets / assets | 13.59% (p16 of band) | |
| Uninsured deposits / deposits | 35.73% (p87 of band) | 19.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.87% (p31 of band) | |
| FHLB advances / assets | 2.87% | |
| Tier 1 leverage | 7.89% (p4 of band) | 10.13% |
| Unrealized securities loss / equity | 2.50% (p50 of band) | 2.47% |
| AOCI / equity | 0.39% (p25 of band) | |
| ROA (annualized) | -0.71% (p1 of band) | 0.92% |
| Net interest margin | 3.67% (p55 of band) | 3.59% |
| Efficiency ratio | 122.76% (p100 of band) | |
| Noncurrent loans | 0.09% (p11 of band) | 0.67% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | 1369.23% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 98.49% (p90 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 | 17.8% | |
| Employees | 41 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, construction >100% equity |  |
| 2011-06 | 1 |  | losing money |
| 2011-09 | 0 |  | construction >100% equity |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 2 | construction >100% equity | capital falling |
| 2014-09 | 1 |  | construction >100% equity |
| 2014-12 | 0 |  | uninsured deposits leaving |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | capital falling |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 3 | losing money, expense ratio p90 |  |

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

- 2024-11-01 [How a Texas community bank provided a lifeline to small businesses in uncertain times - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQXy1pLVVuck52SXpWY3BZN1ZxUmRBcjZDWDZIQjJNQklCb2lrZk1PZnVIYjU0b212VDB3LUpXUEZqeDA1YVZRQi03cERJSEQyeUVZc2hxVUY5MHhoV0FmdEgwODFOVFZZTWRwdUU5eG5Eczc0VDBfREtiOWZMNzZXSWdPQjVVbFp0bXF6Q1ZPa1BQOF9aYUY4cEVmOVBVR0RTWW1Xbw?oc=5) · The Business Journals
- 2016-02-19 [Lakeland Bank comes to Shore, buys Harmony - Asbury Park Press](https://news.google.com/rss/articles/CBMikgFBVV95cUxPc2Zia1FCNTFaNWl5Q3JPVVFfelZhSjZBeThpcGhYd0VXMXJCWEJMN1dyaGY0QXZfNEQ4TndGaHBZNjZMeVNXOGVhY2FDSWotU2labFBKcXVsdG1MS2hzOFpSb2Y1ZFZBOFJ3MG5iYW1Hc3dyTkVUX25aUEt2Z2NmM0FuUnpiektTMXRnUGc4c3JWUQ?oc=5) · Asbury Park Press
- 2025-02-11 [Spotlight On: Craig Scheef, Founder, Chairman & CEO, Texas Security Bank - Capital Analytics Associates](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQWXN0TUhsa0FtWUp5RGdoVi1WZTlvQkRDS01CY3NyR0VZSlRIZDlKX2hlNHRGc2V2REF2eFRjVHVHUzJKaUtPNFhkb1B0Z3RqWElLYWg2cFA5LXZZVmszdzk1NUxlbFhJTUxwb3lzZkg0UWFRclNYZ2dHV29IUWlfR21uMFo0OWV1RlJyMkJJSEdfTzdfYmxnaGZZay1GMXFnWXl3M0Z2czlQUQ?oc=5) · Capital Analytics Associates
- 2024-03-25 [Fintech Rundown: A Rapid Review of Weekly News - Finovate](https://news.google.com/rss/articles/CBMiekFVX3lxTE9xc2pCVVg1Wk5CTWRvaHNKc003aUMxVGpnczhBMk1fLUEwang1YUVjZnloVzBUU3J0X0pGMDBBaHBjTzdBUTg0RzFZRE9vc0FDeVdvdXpaZ1ZPbkNsWmJrR3ptNDltSzdLY09EQzZWNFhIMHVzWW5Nd0xR?oc=5) · Finovate
- 2015-05-17 [Briefs: Harmony Bank promotes West Long Branch man - Asbury Park Press](https://news.google.com/rss/articles/CBMiogFBVV95cUxQY2NsczNnaUx6ck4yblFYeU83bWNPSzNIdkdXSF9ONUY1elFBY2FzNEc2aEdvaGgwOEtNRDBCekZHT3JnRXNvMmxlZG9oLVlwZV9aQ0JCRTRYSXppR2N5S0dPc2Nkb1cwRUJ5U0xhNkFJZ3UxU240X3o3MW9xVjM0R3VPS1FJWV9ESlY2aUI0TGxIaFhCWUxHRVpqQ1EyVWR3dmc?oc=5) · Asbury Park Press
- 2022-03-09 [Investors claim ‘looting’ at N.J. medical marijuana dispensary, sue to have independent manager run it - NJ.com](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQUzJEU2ZfOEVNbE5ZRjJ4V25sUDVNVlM1WDRKak9yMTBrTzZSLVpod1drNnZyVTBQQ3hRNFRRMTAzQ0F6eEdqMjhGYUFkTTQ1X2pRZVUyRHRjVjZHU1BvTno4WTByMko1T2YwUElnSTlzbXMycExIUUdnaXk0SEZ0SVNCNWE5bGJoaUF4VW00Rzdma0EyQVV2TEJWREJNbDljeGZhM2Vxbzk5OXNYcHljTkpCeVNJVFIxT2JLZ2VYM1llSWc2ZS1sRTVIQ05FdUxkdmhEMTZR?oc=5) · NJ.com
- 2025-07-01 [Deal Ticker: M2G Ventures Redeveloping Design District Property - D Magazine](https://news.google.com/rss/articles/CBMivAFBVV95cUxQYTQ2OTItTHhKNkdkOFRFMzh0ak9tem4yLU9wa3YtZ2tpdzRTOGdTZl9PdE9HODVZNjlkMWdlSWpDRTNPcVlyNE5DR3pWLUhSWDk0Ri1SakVleFdwdnRyRGREZENYYWNnSmxzWklZV19VRjRIZ21lcFozdlFGNWNYcFNpQUZmN0FpLWRXdURZNXBUN3NNWFV0THNtUGs0VmtsWklpNWYycXJwVkt2VDh2YndJTzNPUnp2VFN5Wg?oc=5) · D Magazine
- 2025-01-14 [Spotlight On: Keith Costello, CEO, Locality Bank - Capital Analytics Associates](https://news.google.com/rss/articles/CBMijgFBVV95cUxNOTJYVU40d09HV2c3X0RtdnFob1ZXbmRScHZJWkx5WlFZLTZrQXpFY0pGcU5lSlh6OHEtUXY1NkQ5WUxjWGVDcERUSVFQMGlha0tmVGM4T21Yel9zZC0wODNLaUliZ1VMQ0pfQVNrYVRUS0xnTmtjeEFleXJDZHcwbzJOS2dDM3ZqSGhFQTV3?oc=5) · Capital Analytics Associates

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58713 (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/25.json (key "58713", 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