# BAY BANK FSB
COLUMBIA, MD · FDIC certificate 59004 · asset band $300M-1B · latest filing 2018-03 · 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 | $656.4M | |
| Deposits | $548.0M | |
| Loans and leases | $549.8M | |
| Total equity | $72.0M | |
| Loans / deposits | 99.52% (p83 of band) | 84.92% |
| Liquid assets / assets | 12.04% (p13 of band) | |
| Uninsured deposits / deposits | 21.73% (p51 of band) | 21.35% |
| Brokered deposits | 2.56% | |
| Wholesale funding | 7.56% (p56 of band) | |
| FHLB advances / assets | 5.00% | |
| Tier 1 leverage | 10.62% (p56 of band) | 10.35% |
| Unrealized securities loss / equity | -1.41% (p65 of band) | -2.32% |
| AOCI / equity | -0.91% (p60 of band) | |
| ROA (annualized) | 0.89% (p36 of band) | 1.05% |
| Net interest margin | 4.33% (p86 of band) | 3.67% |
| Efficiency ratio | 67.10% (p50 of band) | |
| Noncurrent loans | 1.72% (p87 of band) | 0.55% |
| Net charge-offs (annualized) | 0.04% (p73 of band) | |
| Reserve coverage of noncurrent | 46.43% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 72.34% (p76 of band) | |
| Auto loans | $128,000 (0.02% of loans; DQ 4.69%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 4.1% | |
| Employees | 116 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 | capital falling | charge-offs p90 |
| 2011-12 | 1 |  | capital falling |
| 2012-03 | 5 | loans exceed deposits, noncurrent p90, deposits shrinking, assets shrinking |  |
| 2012-06 | 4 | charge-offs p90 | noncurrent p90, assets shrinking |
| 2012-09 | 6 | capital falling, uninsured deposits leaving |  |
| 2012-12 | 2 |  | loans exceed deposits, deposits shrinking, charge-offs p90, uninsured deposits leaving |
| 2013-03 | 2 | loans exceed deposits | capital falling |
| 2013-06 | 1 |  | loans exceed deposits |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | expense ratio p90 |  |
| 2014-06 | 2 | noncurrent p90 | expense ratio p90 |
| 2014-09 | 3 | loans exceed deposits |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 2 |  | loans exceed deposits |
| 2015-06 | 3 | loans exceed deposits, deposits shrinking | noncurrent p90 |
| 2015-09 | 2 |  | deposits shrinking |
| 2015-12 | 3 | deposits shrinking |  |
| 2016-03 | 5 | liquid assets <10%, expense ratio p90 |  |
| 2016-06 | 4 |  | liquid assets <10% |
| 2016-09 | 3 | noncurrent p90 | loans exceed deposits, deposits shrinking |
| 2016-12 | 2 |  | expense ratio p90 |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | noncurrent p90 |
| 2017-12 | 2 | noncurrent p90 |  |
| 2018-03 | 1 |  | noncurrent p90 |

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

- 2013-04-22 [Bay Bank Finalizes Its Acquisition of Carrollton Bank - GlobeNewswire](https://news.google.com/rss/articles/CBMixwFBVV95cUxPT0ozSkNrbkhteGRKdXNLWmVLOGZralVKZEpJcTR6QmFJS2hEQ2lZcmZ4Z1RmMEhkR1FwQlFCQXBNS0czYnU1bkdCZmtaU2RNeVZndnpxZ2ZZd2Z3UEVXZUVPQzhEYWItVDQ3bWc5QjV6SDhQUlBuTzJfWWh4U2NKMkU0V1lXMTlrdzg4RWo5TWF4anNNNHVweHBsUXY0SXVWZU1KV3J2em9ZSmI1QjdZTGtraUk2SXNRb3ZDN3lPR01najJ1S2Jr?oc=5) · GlobeNewswire
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2014-06-12 [EY Entrepreneur of the Year award winners unveiled for Maryland - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxNNDJnRlg4Y3JCaW83d1FOWTd0Mml6S1V1OFpka09UOVdLQ1ZuMER0OEVvcGV2NW5HNkhUVnFiVkcxV0VRQkJVNzZLQUIwYVJ5UFZqTkd4WDdMSTlMcmJkTXM0bXVESHktblVtTGlnZG9reUUtTU14NU1WQ1pWNkFHVkdmeDVibzBhYVRILXA1ZFpybXRQVFJrNlFrcTc1TmRMYU5QUmp3?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59004 (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/60.json (key "59004", 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