# HERALD NATIONAL BANK
NEW YORK, NY · FDIC certificate 58858 · asset band $300M-1B · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $490.5M | |
| Deposits | $387.3M | |
| Loans and leases | $269.9M | |
| Total equity | $100.6M | |
| Loans / deposits | 69.25% (p36 of band) | 75.31% |
| Liquid assets / assets | 41.28% (p76 of band) | |
| Uninsured deposits / deposits | 33.45% (p96 of band) | 13.08% |
| Brokered deposits | 13.50% | |
| Wholesale funding | 13.50% (p81 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 18.78% (p98 of band) | 9.68% |
| Unrealized securities loss / equity | 1.70% (p30 of band) | 3.60% |
| AOCI / equity | 1.07% (p79 of band) | |
| ROA (annualized) | -0.17% (p7 of band) | 0.84% |
| Net interest margin | 2.90% (p13 of band) | 3.66% |
| Efficiency ratio | 95.09% (p94 of band) | |
| Noncurrent loans | 0.75% (p26 of band) | 1.63% |
| Net charge-offs (annualized) | 0.00% (p8 of band) | |
| Reserve coverage of noncurrent | 86.67% | |
| Real estate % of loans | 66% | |
| Construction % of loans | 2.76% (p8 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -16.9% | |
| Employees | 42 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, expense ratio p90 |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 5 | losing money, NIM <2.5%, reserve under noncurrent |  |
| 2012-06 | 7 | wholesale funding >15%, deposits shrinking |  |
| 2012-09 | 5 |  | NIM <2.5%, wholesale funding >15% |
| 2012-12 | 6 | assets shrinking |  |

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

- 2013-11-05 [Bridgehampton National Bank Holding Company Hires New Director - Patch](https://news.google.com/rss/articles/CBMiowFBVV95cUxQb2cyWFNZM2VMMFJKZThYN3hlWE9iLWJkcUlGNGo5T3I0UWMyV1prUXJCTEpTQnY0c0pEemw3NzVwd256WUZwS3M2b0dIT3lWYUtpbWxxNlRZRzJndk43dnNKdS1NR0ptaXZSRTFZbV82Nl9aZU5ZUlNrSFlDSmlVOEJUSFZPRWExQllGcU5NdEJOQ3lQNEhrZkZ5aGYzckszaVR3?oc=5) · Patch
- 2013-11-27 [Bank deals reshaping LI landscape - Long Island Business News](https://news.google.com/rss/articles/CBMib0FVX3lxTE9aU0RBSV9VTnVsdUNmb01mUFFxd0VGaUcyNUo3eEtxSHRZNG8yWFE0YzBhWm5wdHhyLVdHQU1SLUJGX1FzN09IM1dBemprTzR5ZkREMWs2UTg2SDByNDNXSmYwU3ZDSTlIUlc3ZVdadw?oc=5) · Long Island Business News
- 2017-06-16 [Orange Bank and Trust makes promotions - chroniclenewspaper.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxOd1BKbzNlWGJYeUQ2WjBjOEx1aGk2TmNZQmlSazNZUUxHT1RkQWtTb19JeXg5Z3JnWDFjUmVKdWNabmRDOFJKdnBwWHRZMHJjcU45YUtoWkZKMi1Rd1Z4cmxjcjY2RG5LUGoySklwbVV3ZTR2VWpIMmxQT3RwNVVsbTF5aXl0b3NJNDhxUEJSc1JfRmxLaW5uSkoybGUwVVlUNjduejFhWDBNN3NtNXN5ag?oc=5) · chroniclenewspaper.com
- 2011-12-13 [2012 Bankers to Watch - American Banker](https://news.google.com/rss/articles/CBMib0FVX3lxTE1qNVdLYnA4eTRfaU4zb3VqTVRUMnpsei1QVGlXaFBJQ2Z0WG5XQWlWVTlaV3ctVmJZT2NTSFFjMXFMRVNmMHA0VmhrSi0tM2NIUGgtampib2lwSjI2bmV0YVdsN3FhV29OeGlYREx3QQ?oc=5) · American Banker
- 2026-01-28 [Peapack Private Appoints Elizabeth Martone as Senior Managing Director - newmediawire.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxQODJmdXhJZ2N5VzlSOTZSYnNhRXM4UWNXcHpDMGppRFZZamlaanNoUjlGcGNYVkpqNG4xejJwUDJLZjdIbTQ5cjJqci1KOWlpUHFaQlhOMUFVeGlxMVFyZlJ5Nk9ZV3hmWE5LMzdRWnBqM2N5am1HY1k2Zm0xZVppbmpmU0pNd1o3SnZXVEFXbEQ0Zkx3SU43eXZVTzJyM3ZobjlYSXk1ODJDai0tUlJjY0Rn?oc=5) · newmediawire.com
- 2026-03-26 [Fieldpoint Private Names David Bagatelle as Chief Banking Officer - citybiz](https://news.google.com/rss/articles/CBMipwFBVV95cUxNU0E0SEpYbUd0R1Jma1hJeGluT1FHV2FrMXlRdXN1TkhfaFhVVWhmVDgzcGNZdExXY1BSY2t4eHhsT3cwVDRLVHZnQk9aNnRnSlc5dzVsbDljOWI5T2xQc0llTnNweVBoUUUwS0Jxb0VmOFV4Nk04Q3M4UVVrWjZqR2dIc0dEbG1SWVEtMlJpaU1MdEpRSFZhUlZRY1dKRi0xX1RnVmhVQQ?oc=5) · citybiz
- 2013-02-22 [Welcome back, Kanas - Long Island Business News](https://news.google.com/rss/articles/CBMiW0FVX3lxTFBRbkVsR3A3dk1xMEVMNXdiZ3pnZV9LME5ZbEhPamk1bU8yS2Q1dFVVTV9vckdRUzJLY1MxcUM4Q2gyYTNXLXg1cGJwTS1RV0ZHSlRQOWtIdTRaR00?oc=5) · Long Island Business News
- 2012-06-20 [Former North Fork Bank Leaders Settle, Will Pay $20M to Capital One - Patch](https://news.google.com/rss/articles/CBMiogFBVV95cUxOemRXREUwV0Z3R0NsVWh1UzJNVTJjUTI1VXFiSEtkS25DdkJtSnZvQmEwMnRpYml2cjlMR0pEZTZXT1p1S3ExMFJKTjdGUnlvUVhUWTk1dGpLY1hwdDBqUmx1d3Y4VzF2SHdyNlhpZGU0aERValI1RDNwUW0tQUQ5LWpUS2dKUkxaU1l1SThZYUxkZ05ZRGRvWllOWlloNUg5RHc?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58858 (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/42.json (key "58858", 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