# CHARTER BANK
BILOXI, MS · FDIC certificate 58776 · asset band <$300M · latest filing 2019-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $148.6M | |
| Deposits | $126.0M | |
| Loans and leases | $104.1M | |
| Total equity | $11.4M | |
| Loans / deposits | 82.61% (p60 of band) | 77.79% |
| Liquid assets / assets | 23.05% (p33 of band) | |
| Uninsured deposits / deposits | 28.56% (p87 of band) | 15.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.03% (p73 of band) | |
| FHLB advances / assets | 6.03% | |
| Tier 1 leverage | 6.88% (p1 of band) | 11.56% |
| Unrealized securities loss / equity | -0.49% (p5 of band) | 0.80% |
| AOCI / equity | 4.40% (p71 of band) | |
| ROA (annualized) | -2.78% (p1 of band) | 1.05% |
| Net interest margin | 3.78% (p46 of band) | 3.84% |
| Efficiency ratio | 217.12% (p99 of band) | |
| Noncurrent loans | 0.05% (p22 of band) | 0.56% |
| Net charge-offs (annualized) | 1.72% (p99 of band) | |
| Reserve coverage of noncurrent | 0.00% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 137.54% (p99 of band) | |
| Auto loans | $578,000 (0.56% of loans; DQ 0.87%, NCO 0.00%) | |
| Loans to nondepository financials | $60,000 (1% of equity) (p97 of band) | |
| Deposits YoY | -5.2% | |
| Employees | 38 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, construction >100% equity |  |
| 2011-06 | 1 |  | expense ratio p90, construction >100% equity |
| 2011-09 | 1 | capital falling | losing money |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 1 | charge-offs p90 |  |
| 2012-06 | 2 | reserve under noncurrent |  |
| 2012-09 | 1 | construction >100% equity | charge-offs p90, reserve under noncurrent |
| 2012-12 | 0 |  | construction >100% equity |
| 2013-03 | 1 | construction >100% equity |  |
| 2013-06 | 2 | capital falling |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 2 | reserve under noncurrent |  |
| 2014-03 | 2 | capital falling | reserve under noncurrent |
| 2014-06 | 3 | noncurrent p90, reserve under noncurrent | capital falling |
| 2014-09 | 2 |  | construction >100% equity |
| 2014-12 | 3 | charge-offs p90 |  |
| 2015-03 | 3 | construction >100% equity | charge-offs p90 |
| 2015-06 | 3 | charge-offs p90 | noncurrent p90 |
| 2015-09 | 2 |  | charge-offs p90 |
| 2015-12 | 2 |  |  |
| 2016-03 | 3 | charge-offs p90 |  |
| 2016-06 | 3 | expense ratio p90 | charge-offs p90 |
| 2016-09 | 1 |  | reserve under noncurrent, expense ratio p90 |
| 2016-12 | 0 |  | construction >100% equity |
| 2017-03 | 1 | expense ratio p90 |  |
| 2017-06 | 2 | capital falling |  |
| 2017-09 | 1 |  | capital falling |
| 2017-12 | 3 | losing money, construction >100% equity |  |
| 2018-03 | 2 | charge-offs p90 | expense ratio p90, losing money |
| 2018-06 | 4 | expense ratio p90, reserve under noncurrent |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 3 |  | expense ratio p90 |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 3 | expense ratio p90 |  |
| 2019-09 | 8 | leverage <7%, capital falling, losing money, charge-offs p90, deposits shrinking |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-08-06 [Nayax Files Application to Establish Nayax America Bank in the United States - The Manila Times](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPTGd2VXc4eVpKZ2cxVGotemIxYUpnSEJzUWhoZ1d3MzdOWHk1aEdFNDFGU3dNdGJQUFVqZnBldnJWc3I2aElaRnZpSDRST1hiRmFqU2IzMk9DS3l6QmpzRk9QMVpxMjZWTFkwVlpHRHBENGZxRDBaT3pncGFZd2VpYTFZRTBQMmxod05LdlFldS1uRVR5WFIzcGlHWm5kR2k1NHVpcjE3UGN6UENLUGM0VlJDWHZmZWw3NlFmRjRIU2g3UkpzRlNaMnkxY2xFNTBsc1QwcWFNVlF4cFdLQTZqM2ZOY0_SAeoBQVVfeXFMTThJb2RqWlhzbUFwYjY1WW9iSHpGNnJCejV0cmRFeUZDRWpIVHJfVHdpbWk2TTk1RlljZ0xtWGZseVFsRjBoNlVlaXIzVFB5RDFoX1BtOTdSWjhQWnhucUdJcXJBWnpLUUtlMW1JbkhtM1N0UVRNVkpBeXpKUS1Kc201YVhKaFYyc3dpYjZINXZ6M1VERkI0V2djcEVUVlppQ2piM1FVTkp0YU02RXJmTEMtRWdycXdOTHlEcHExOTdaZERVUHFOUm5GS2h6ZFdoTVhwa0FaVVFEUDZPbzhLZ25xaWw4MTl2T1Vn?oc=5) · The Manila Times
- 2014-04-24 [Charter Bank names new VP of commercial lending - WLOX](https://news.google.com/rss/articles/CBMijAFBVV95cUxOV09paTVlNDlFZ3NyMzFnWDJZVHpXT3c3S0xzckQwVlpRaF92YVB2Ny13eDBmNWdFY2xPbjNRTkJZYXdHZklWMDRfMUhodThOWnVTQVg4Z3AtT2tDN3ZRVUNuSkZCU2I3cjVuTFpoVGk3TUtkX1BfcEhMLVpLNzBQU0xCN2dUMC1na25tSdIBnwFBVV95cUxNWEo4SDZLRnhSX2ZCTDNSQ0dZdDY0VDEtVlBqZGxiaUdOY3BuOWNkbm1nVVRLVFpPaTVKaDF5dUdORXFJUkUzZExaV09HZ3Z6Q2NWcVlweU9NbjNCQkZMcDZHa1Z0UVNNYlpBbEMtS1h5SThQVW91SC1kb1NoS25vZl9YXzl3ekZRMmF6M3hVMWNmRXdncThHNUVGRUxvTjA?oc=5) · WLOX
- 2021-03-25 [Young joins Citizens National Bank - Commercial Dispatch](https://news.google.com/rss/articles/CBMib0FVX3lxTFBLdDRZajNObHlDNWJhRFBFbUdzM2tZZVlZVVhsdkg3STV4Y1NWQTFFeE9Cd0daR0dTcXpIMWY1cEpSUUxUTlVScVh4V0JUbU5BbFZvdXlwR0NEaWl3cDBLYUVBQXFSYXEzSkVrSkZ1aw?oc=5) · Commercial Dispatch
- 2018-02-23 [Darryl F. Brown Obituary Feb 23, 2018 - Bradford O'Keefe Funeral Homes](https://news.google.com/rss/articles/CBMiZEFVX3lxTE84Y2d4WVlOSDBjM1BaS1hzSWE4RzFKeXdBQ1dNMlh4dTI5czQ1REY2NDlyVEsxWjlxYVNkWUxES2hOTEFmZW02QjVJTFhiUXlEUmJuX25OTEtwUmFMTS1PejRJLTU?oc=5) · Bradford O'Keefe Funeral Homes
- 2023-07-18 [Citizens Bank names Ole Miss alum as a regional president - The Oxford Eagle](https://news.google.com/rss/articles/CBMimAFBVV95cUxQZUxPTEViMW1NM0ozNmtQWVNVY092eUtTaVBwU1lxZzMyQUlGdjQzc2p5ZE0wbEVINEVlbmVZeHhwUFdzMExKM1lidmRQejd2MnRvSTlHU3hBU1I1b2xtdWZOV0NkTERYQjl4ZHFxa0NfcHk2dGpxczlQblRaVzJ6TWlEc3FHa1d1Qzh0bXZyM2RFVm81YUs5Mw?oc=5) · The Oxford Eagle
- 2019-06-03 [Kenneth Freeman Obituary Jun 3, 2019 - Riemann Family Funeral Homes](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5YV1dDbWVCS3VkRzZzZGZmS183MnNYRV9xNUMzMU5hWlZXVzJpWFczemxETEZaRjhvWVhwX1czUGdFU3EyeXZaTjh6cko5ejNSNlp0LWZUZklWWFlNWEw4aDNTb0x6LWM?oc=5) · Riemann Family Funeral Homes
- 2016-02-12 [Leadership Mississippi announces Class of 2016 - WDAM-TV](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNbnB2VGduQVBXcEpqMmNrV2hUdVROa1RQQUtpLXVOVVQxdllNUE4xUUNLdDNJS1RkMGtDTGdKMlhhUDhTWnJGMmxUbk9kWm5MVHRJLWRaNDYzRk5kZkptVVlUR1BJeS10M1hDbnJMY0lhamxydEJZeHhMUzBWQnNVNVNlSTNJLXBoTXdv0gGeAUFVX3lxTE1qQmUxbnZRVnVlOVNGWGVDc0FmNWNBdFhHZlJMYXZOMHpLZkgzblNBUGZWZloxTG1iaWFxeGpDTXpieEpSUUZISkFudjdhcURSRF8zSEZoa29OZlZwaFRhZzFQdE9IV3VkOC1LcHc4TmxRWTJEcklXcG9BbVdxcmNCME9aS2FOa1kyWF9wMEpnVDRFb3d6RTMwaHhvbXln?oc=5) · WDAM-TV

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58776 (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/24.json (key "58776", 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