# FRONTIER COMMUNITY BANK
WAYNESBORO, VA · FDIC certificate 58743 · asset band <$300M · latest filing 2024-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $153.4M | |
| Deposits | $130.3M | |
| Loans and leases | $129.7M | |
| Total equity | $15.8M | |
| Loans / deposits | 98.81% (p90 of band) | 70.19% |
| Liquid assets / assets | 10.90% (p5 of band) | |
| Uninsured deposits / deposits | 20.73% (p57 of band) | 18.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.65% (p57 of band) | |
| FHLB advances / assets | 3.65% | |
| Tier 1 leverage | 10.69% (p42 of band) | 11.30% |
| Unrealized securities loss / equity | -4.57% (p74 of band) | -16.70% |
| AOCI / equity | 0.03% (p83 of band) | |
| ROA (annualized) | 0.22% (p18 of band) | 0.87% |
| Net interest margin | 2.54% (p14 of band) | 3.46% |
| Efficiency ratio | 99.25% (p90 of band) | |
| Noncurrent loans | 0.00% (p13 of band) | 0.25% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 90% | |
| Construction % of loans | 80.59% (p86 of band) | |
| Auto loans | $486,000 (0.37% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 19 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | liquid assets <10% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | liquid assets <10% |
| 2012-03 | 1 | liquid assets <10% |  |
| 2012-06 | 0 |  | liquid assets <10% |
| 2012-09 | 1 | liquid assets <10% |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | liquid assets <10% |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 1 | uninsured deposits leaving | capital falling |
| 2014-06 | 2 | losing money, charge-offs p90 | uninsured deposits leaving |
| 2014-09 | 1 |  | losing money |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | charge-offs p90 |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | uninsured deposits leaving |  |
| 2018-09 | 0 |  | capital falling, uninsured deposits leaving |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 2 | loans exceed deposits, deposits shrinking |  |
| 2022-12 | 0 |  | loans exceed deposits, deposits shrinking |
| 2023-03 | 4 | loans exceed deposits, capital falling, expense ratio p90, uninsured deposits leaving |  |
| 2023-06 | 3 | construction >100% equity | loans exceed deposits, uninsured deposits leaving |
| 2023-09 | 2 | uninsured deposits leaving | expense ratio p90, construction >100% equity |
| 2023-12 | 1 | loans exceed deposits | capital falling, uninsured deposits leaving |
| 2024-03 | 1 | expense ratio p90 | loans exceed deposits |

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

- 2024-06-05 [Blacksburg bank acquires Waynesboro bank - Cardinal News](https://news.google.com/rss/articles/CBMigwFBVV95cUxOU2RTOGRNRTV6VkdVdEc5OHJWMzhFaEpJMTlINEhITG1ld2F6SXBvM2FtcVItMUhOUllpN2I1eGVBLTFTRUJFTUtlcW5kVGI1eFUtMWUtYXBRZXNIc0kzaFlBNGpOZFpDU2s2bmhfM2FDTXVNY0hvVXZWSU0zZFNqekw1bw?oc=5) · Cardinal News
- 2025-04-25 [National Bankshares Va (NKSH) Stock Price, News & Analysis - stocktitan.net](https://news.google.com/rss/articles/CBMiU0FVX3lxTFA5RkZRVU1EUEpjLTBYMU8yRm9BcFYtcFljMk96Q0VveUdaWjRrMnhtbm1ESW5xWTJEc0ZhQ0RLUXhZWXZQOU42bnpXMk5LaU1uUGdz?oc=5) · stocktitan.net
- 2026-04-02 [John Douglas Johnston Obituary May 1, 2011 - Coffman Funeral Home and Crematory](https://news.google.com/rss/articles/CBMia0FVX3lxTE0wWEVWd3QxU1dfcnUyckdHUlF0em01YWZoUVhMcTF6M21jeHRXdkcxY29US2VraEFQRElOSU9KVDBrTGxGTTBGRDRCeXJrNl83OHJrdVBfUWJWOGUxbjNTczBfR0FiY3pSMF9F?oc=5) · Coffman Funeral Home and Crematory
- 2022-01-17 [Equiteq promotes seven professionals in New York office - Consulting.us](https://news.google.com/rss/articles/CBMilgFBVV95cUxQUVpfSHdIRk44RkVuTGdERzJCWVRMcHMwTXpGVHhVYzRSQ3phVkxqTWxCeU91cDFTTjVsZWx5MUtGY1pOeWx4M0N1eHlpYWdpU1VkTjFHcXFRaHdlSTJRV3VJN2dlMmFOY0VMMzJjdmN2RG9xaE5TcmhROGRYdXBMUnBlTzRsRU9xYUxyckJpZE5jampQNnfSAZsBQVVfeXFMTm9yRmJfQ1JpbnB3T1p2Uk1fN002eFJsajZuemhpVE4yM01NUG1xZ0lHZWFpTy1jNXlkdk5JNlNNaXJxMUdTN1UtcmQ0cWdZUlZSWTM4cHB5M1NYaUF4R3NFUnNDMko2QmczU3NvTmhDRkM3aTV3eTd0bGFDZ3dnWGZtRkVnQkpzeWZTanFZUVQ1TjY4S1ZhR25wd2s?oc=5) · Consulting.us
- 2016-10-24 [Waynesboro looking to connect Lew Dewitt Blvd and Rosser Ave - WHSV](https://news.google.com/rss/articles/CBMipwFBVV95cUxPX2VNOWJCeUVyTDNwanFtTDhQLVQ0bmFncWNwMjZ5dFIzaUU4ZEFqMWNJR2lWcElHLWh5cXp2eTFIVTRzQ0RRZ19WYW0xbjFLaDZIaHpyNWpMTEVadnZGMXctUHhoZVZpUWJTWlRIYUlVTWFGN3AtS0cxaUJzRVQwVGIzYTlxNUt5cVVwZnNRbWl3MGhKWnlfa0xVdlJrV2dtNGc2VVFaQQ?oc=5) · WHSV
- 2011-11-26 [James Callison, Jr. Obituary - Waynesboro, VA - Dignity Memorial](https://news.google.com/rss/articles/CBMiigFBVV95cUxNQ3NmM21MSFpBNXo0SmVYZEtxYi11RlMwdlYtblVyb3pEbTdiLVBoLWlPejNFV2Zzd1RNZW1Ic1VaZGEwM0Y4dE9JSUdwOExWUjNjOWVkclE4QWZKLVh5X0NLa3pLX2FaZ2pJOEhoT0kzaVRMYWhtY0p3ZkxqZmRGbVowelNfajdTSmc?oc=5) · Dignity Memorial
- 2014-10-26 [Valley caregivers receive $280K in grants - The News Leader | Staunton, VA](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPdk1VM1FsR3lWdU02OVExWW05czFsc1ZIenNqblU1WGJKcDEwcllmdEpMb3BkTmgzWWhOWW9CV1FKMEJsekR1SHF2WG9kODRLX3hRcjdLLVFkTERybGRFTUZlR3A0MEd6UV9LLUN1QmFRa2hOVUtzQUhEMUNaaFFBVTYzSEE0akJlb2lGanRzbmhuWTJsLWFfSklBRlB2U3JMOGw5R0hzTG1mdw?oc=5) · The News Leader | Staunton, VA
- 2016-12-01 [Robert Errett Obituary (2016) - Waynesboro, VA - Point Pleasant Register - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOUXV3dG5UcjV2UXNCb2FjdmhtUVVXVXAzVVBscGxhUWNNNkJ3cUZMbHRYU0pqNnJyY1NiRUNZNkZEcFg4SjYtc0NZR21lbDRFSE1vc1NmaHQ2WGxhd0ZmeFdvUndDQ3hJSU1UNUdtOWI4RnFsZlN6VkJwcWNWd2xsTTJHQVhLckR4cTJOMGRuSFdfbGZCWVRR?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58743 (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/55.json (key "58743", 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