# ALOSTAR BANK OF COMMERCE
BIRMINGHAM, AL · FDIC certificate 59060 · asset band $300M-1B · latest filing 2017-06 · stopped filing (departed)

**Verdict on the desk:** this could be *lender to lenders*. Composite score 4 (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 | $945.4M | |
| Deposits | $703.9M | |
| Loans and leases | $783.4M | |
| Total equity | $195.7M | |
| Loans / deposits | 109.76% (p95 of band) | 84.48% |
| Liquid assets / assets | 17.18% (p29 of band) | |
| Uninsured deposits / deposits | 37.42% (p88 of band) | 20.77% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.23% (p40 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 20.20% (p98 of band) | 10.22% |
| Unrealized securities loss / equity | -0.55% (p23 of band) | 0.17% |
| AOCI / equity | 0.02% (p10 of band) | |
| ROA (annualized) | 1.48% (p82 of band) | 0.94% |
| Net interest margin | 3.74% (p58 of band) | 3.62% |
| Efficiency ratio | 52.84% (p13 of band) | |
| Noncurrent loans | 1.25% (p77 of band) | 0.60% |
| Net charge-offs (annualized) | -0.28% (p1 of band) | |
| Reserve coverage of noncurrent | 109.63% | |
| Real estate % of loans | 27% | |
| Construction % of loans | 0.03% (p3 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $329.7M (168% of equity) (p100 of band) | |
| Deposits YoY | -10.4% | |
| Employees | 93 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-06 | 4 | wholesale funding >15%, NIM <2.5%, noncurrent p90, reserve under noncurrent |  |
| 2011-09 | 3 |  | NIM <2.5% |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | losing money |  |
| 2012-06 | 6 | charge-offs p90, deposits shrinking |  |
| 2012-09 | 7 | expense ratio p90, assets shrinking | charge-offs p90 |
| 2012-12 | 7 |  |  |
| 2013-03 | 4 |  | wholesale funding >15%, losing money, deposits shrinking |
| 2013-06 | 4 |  |  |
| 2013-09 | 3 |  | assets shrinking |
| 2013-12 | 4 | capital falling |  |
| 2014-03 | 4 | charge-offs p90 | expense ratio p90 |
| 2014-06 | 4 |  |  |
| 2014-09 | 4 |  |  |
| 2014-12 | 3 |  | capital falling |
| 2015-03 | 3 | loans-to-lenders >50% equity | charge-offs p90 |
| 2015-06 | 3 | charge-offs p90 | noncurrent p90 |
| 2015-09 | 4 | loans exceed deposits |  |
| 2015-12 | 5 | capital falling |  |
| 2016-03 | 3 |  | charge-offs p90, loans exceed deposits |
| 2016-06 | 3 | charge-offs p90 | reserve under noncurrent |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | capital falling |
| 2017-03 | 3 | loans exceed deposits, reserve under noncurrent | charge-offs p90 |
| 2017-06 | 4 | deposits shrinking, assets shrinking | reserve under noncurrent |

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

- 2017-12-12 [What makes Birmingham fertile ground for a new bank - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxQZS02UWRsYzZacEJlYnRZUURtM2ZoalpDMU4zckE0YXNYMEZ2bmJaMUtLWUpIRDhhUllIODdNNUppTXpVaWtVWkZhYkpYY1E2azIxeVR4akE1Nm9wb1FhaDJEbmhmSDNjVHF1MnBJVGFtbGdOUzFGOUZIaWNmcDFsV0psZm1zTDNTSUdSS1NuQ1A?oc=5) · American Banker
- 2021-10-22 [RB JOHNSON - AL.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPUmRFdDd5bHZZekVQVW11cEV2MnYySUo5YnZsc1B3R1ZrMDBpNHYyQmV4X29pRXVGdVVDSkNyc1lpeUpwU3VRa29GS3AzLWJnQkpvS05UUGVCMl95VXNZenFKTXZJTVZTTnNsRmZxWkc4WGREMjBVTFE1VHVYMG5IUC1zV0VxbHNhbnc?oc=5) · AL.com
- 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
- 2023-11-09 [Deirdra Pasley Obituary (2017) - Birmingham, AL - Aubrey Bushelon Funeral Directing & Crematory Services - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQM1p5bWMybzFUaG9oWDlkN1BfcV8xY1FJZGd4UnQxTnl2WkN0MTBPVHdRaHNQX1E4U01BR21pZWNoUVpFVE9fRWF0Mm9lRXJ6RW55YWVqcFdiZVZyRjJQU0NWZFFYSjNhNjF1Q1VIQVoxdlN3cEpjS2lOcURDUXQ1c2tKOXNtUQ?oc=5) · legacy.com
- 2017-11-20 [Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy - us.fashionnetwork.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxNYzFhQzdZZ1gyMGd0dU5TSk1DUzFSZk5JOW5VdVZ1NGhjUjlkWXZBT2tsQ29GZkFlbFo4VmNpaDg1SFktcERJblY3RmpFU3kyX2NEeUxfc0VDZjhOLUVRb1NUMVNVQWE5aXVMWXpPdjRJYVVfT0pfVUJ0TkJaLW1Fa0VYRU9wNFNHUmVxTTNrcEVEa1BCbkVpWURTazdnWlpzaUlzVmVXZnNackxWMmYtUW9XU2ZXUQ?oc=5) · us.fashionnetwork.com
- 2015-05-13 [Follow the Money - Ethanol Producer Magazine](https://news.google.com/rss/articles/CBMia0FVX3lxTE5GOFpQZlhldmM4QmcxMmQxRWpIZDhLZExYa1VBT3MwYldFQTBLcFRvVFV2TDFxSXJQbGtWcVlMZ2lVSkNUUFc3N0tiaS1EWEpNMWg1VFY2SzBsSXpWcWpFYVpTSC1NbWh4dUNn?oc=5) · Ethanol Producer Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59060 (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/52.json (key "59060", 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