# HARBORONE BANK
BROCKTON, MA · FDIC certificate 59070 · asset band $1-10B · latest filing 2025-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 5 (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 | $5.63B | |
| Deposits | $4.46B | |
| Loans and leases | $4.79B | |
| Total equity | $544.6M | |
| Loans / deposits | 106.27% (p93 of band) | 86.09% |
| Liquid assets / assets | 9.00% (p4 of band) | |
| Uninsured deposits / deposits | 32.37% (p56 of band) | 30.69% |
| Brokered deposits | 5.63% | |
| Wholesale funding | 14.79% (p78 of band) | |
| FHLB advances / assets | 9.16% | |
| Tier 1 leverage | 9.41% (p25 of band) | 10.36% |
| Unrealized securities loss / equity | -9.59% (p45 of band) | -8.45% |
| AOCI / equity | 1.72% (p38 of band) | |
| ROA (annualized) | 0.44% (p10 of band) | 1.10% |
| Net interest margin | 2.50% (p9 of band) | 3.55% |
| Efficiency ratio | 73.48% (p82 of band) | |
| Noncurrent loans | 1.18% (p81 of band) | 0.48% |
| Net charge-offs (annualized) | 0.39% (p92 of band) | |
| Reserve coverage of noncurrent | 88.95% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 33.15% (p33 of band) | |
| Auto loans | $5.9M (0.12% of loans; DQ 0.25%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p36 of band) | |
| Deposits YoY | -2.3% | |
| Employees | 486 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **NIM <2.5%** (`earn_nim`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2013-09 | 6 | loans exceed deposits, wholesale funding >15%, expense ratio p90, NIM <2.5%, reserve under noncurrent, auto book souring |  |
| 2013-12 | 6 |  |  |
| 2014-03 | 6 | capital falling | wholesale funding >15% |
| 2014-06 | 6 |  |  |
| 2014-09 | 5 |  | capital falling |
| 2014-12 | 6 | wholesale funding >15% |  |
| 2015-03 | 5 |  | NIM <2.5% |
| 2015-06 | 5 | NIM <2.5% | wholesale funding >15% |
| 2015-09 | 5 | liquid assets <10%, capital falling | auto book souring, NIM <2.5% |
| 2015-12 | 4 | auto book souring | liquid assets <10%, capital falling |
| 2016-03 | 3 |  | auto book souring |
| 2016-06 | 5 | liquid assets <10%, auto book souring |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 6 | capital falling |  |
| 2017-03 | 5 |  | liquid assets <10% |
| 2017-06 | 6 | wholesale funding >15%, liquid assets <10% | capital falling |
| 2017-09 | 8 | brokered >10%, uninsured deposits leaving |  |
| 2017-12 | 6 |  | reserve under noncurrent, brokered >10% |
| 2018-03 | 5 |  | liquid assets <10% |
| 2018-06 | 4 |  | wholesale funding >15% |
| 2018-09 | 4 | capital falling | uninsured deposits leaving |
| 2018-12 | 5 | wholesale funding >15%, liquid assets <10% | auto book souring |
| 2019-03 | 3 |  | capital falling, wholesale funding >15% |
| 2019-06 | 3 |  |  |
| 2019-09 | 4 | reserve under noncurrent |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 3 |  | expense ratio p90 |
| 2020-06 | 3 | capital falling | liquid assets <10% |
| 2020-09 | 2 | liquid assets <10% | reserve under noncurrent, capital falling |
| 2020-12 | 1 |  | liquid assets <10% |
| 2021-03 | 0 |  | loans exceed deposits |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | charge-offs p90 |  |
| 2022-06 | 1 | liquid assets <10% | charge-offs p90 |
| 2022-09 | 3 | loans exceed deposits, capital falling |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | wholesale funding >15% | liquid assets <10% |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 | liquid assets <10% | capital falling, wholesale funding >15% |
| 2023-12 | 3 | wholesale funding >15% |  |
| 2024-03 | 4 | capital falling, NIM <2.5% | liquid assets <10% |
| 2024-06 | 4 | liquid assets <10% | capital falling |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 4 | charge-offs p90 | wholesale funding >15% |
| 2025-06 | 4 |  |  |
| 2025-09 | 5 | reserve under noncurrent |  |

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

- 2025-11-04 [Eastern Bank completes merger with HarborOne - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWUtCazVqUkdHWGhIdDMzcmZ2MFNOQlhvVU01M09LbGs4anl0N1ZjMTVidUR2bVFpUTNlVi1rb0NVNnRMeGpLOGpLdGc3QXpHRVZvRDI0Nm1OZEZHSnNaOFllUHNPNnhueDFWWlBoTDhjdUc2TnZPVHFTbDF1UE51cHN6Z0QzbVlta2N1aG5Ud2d0UFo0VUhCaHFaOEp4QjRBS0E?oc=5) · The Business Journals
- 2025-10-28 [Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Announce Merger to be Effective on November 1, 2025 - Business Wire](https://news.google.com/rss/articles/CBMi7wFBVV95cUxPS3piYnJvYlN0emNGcEM4NWp6NFpNcDdfRVVySl9zRXVabDZfNUxIV2F1dHZMUEI2ZEg4Nl8zbDVLdVUwdWhJcnlOMjV1NVI2cFM4bW80U3ZzcWZEVUs3eGJ4emxKck9JekVKSWRuVEJqRnJ2YUdYWC05REdBNUJzc3dvRjY1cFJmZC1ybDU1dmxYNVBrMlpQWEJhdnBXQjBuSTdmYTI1VS1BVFUyY29sRTJhZEJHMUF2QTJ2dmJTNVRmRlhadDBwWWNiR3JaSzdYclpGWWF4Si1OV3lNY1VmbUNhcjJlZEhwWjE1Slhxbw?oc=5) · Business Wire
- 2025-12-12 [Eastern Bank to lay off 75 at former HarborOne HQ - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOLV9pVXZhd0lobDlpaEdwY3lSR2t5ZWdocC1uRDRuYmZXRDA3bTJqRHZLNUpNb25mT2NuVWRZNEJHM2JvSTBRTU83N2NKcUFPVkZManRpdWpVR1V4ZHdKRWU4VVlVNFlpWjNFd3ZSaXFsTUw3NWNpUkhPcG43V0dlWTlkNXRydE03R1FVQlpXVjlfZ1ZxRHBTd2JVbm8zbnNGUkFReTZfdnU?oc=5) · The Business Journals
- 2025-07-16 [HarborOne-Eastern Bank merger: Is your branch one of 13 slated to close? - patriotledger.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQN0dvTFB0VzNRN1hrZ2wzTlVvRndGREZvd0FqV1djdDJkRjBDQ0Nid0Joclk2MlN6N3lYQmJVZUsteUxsWHpPZU4wQnNraWwyZVkwN01Ta0VGZnNiMzVZSktwSVZkTDhBMUhsaTA0WjNNUWtHQmlKNXYzVzJQaU9GRWpGajNFQmhid0lvR3FHd2RlOUdWZVF0V05WcE53X3lUVU5YbGFMaGVuYUxxU1ZaWC1La2Z1S3IyWnNxbGdEWFhwb3pkNGhLaWVfa2F4WFc0eTlzb0xzVFFNdzNtd3FhbldkQzVYOERmR0E?oc=5) · patriotledger.com
- 2025-12-15 [Brockton bank to lay off corporate staff after merger with larger bank - MassLive](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOei1GcWhtT19QREdvMVpfckVDN3NHZkJjWkx5TFJ2QmMycTJhQWRRV2FTbWJaOUZxMDByQW5Oc2d4Qm5GdG4tblQ5Ny0zQzg1YmtZbVE0ZW5uSGZlRXNDcElycXpVMmtMVTVybERmYTVQczRVMV82Z0ZBUzhEblRsV0gtLVNPZkNuTVgzcF93OGZVQzhPclhrX012akgxMmtWVHEwUmRMRk5iSFNtZGNrclF3TldidDhm?oc=5) · MassLive
- 2023-04-10 [Brockton's North Side will be losing its HarborOne branch — Here's why and what to know - Enterprise News](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPZXRMVFJhc19wN0hrdXA3bVFVdEpwNHJTalg0eE9JcUpxSk9yR3gzYV93dVhDWDlKMzRESUpxOGhWOGdlQnlQNTRwRkttdmpvcDZsYUpFVjl5MUpqVDNjWTI5MHlWT1hGNGFXRFB2OGNvNFJ2NkRNUlNLSHFCemhObnFFbC1HeUV2YTA1bEU5YldTSnM5VHZEcDExX1lJUGxhbjNsTTVZNWlfNk1lZnI5NnROejBTeWtmaGtHUzZscFNSclY4b2tSM1kybjY3NE1wV0E?oc=5) · Enterprise News
- 2025-09-26 [Eastern Bankshares, Inc. And HarborOne Bancorp, Inc. Announce Regulatory Approvals Received To Merge - Business Wire](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNdmhSZGRLeUlrcDZNUUZ2cEdsSVFDTFptcnpJbFpWcGpSVE1hOENaYUhZWGtSYUFBNTZFUU1BdWQ0VlUtdkI0U3RJNkFjYlo3Y0dwTVdueWZtWWUzakF4M05QZEVSUnpUelBxRHNaazhqUlE1LWEzRC1wYmtSVkQ0SjJlNW9QQXpBaFctRUlZSEYyOTRBMGVPbF9DVHpibVBzRWtDck1hUHFOdEFRVm5FckRIai1faU4wcjkyNG9rVDVrbGQ4bDk5QnpuellfUmhIdng2T2JLOHNWMWpyUFZBS3BMQzdSVlhReEZN?oc=5) · Business Wire
- 2025-09-29 [Eastern and HarborOne Announce Approval of Proposed Merger - citybiz](https://news.google.com/rss/articles/CBMingFBVV95cUxPUzNtcWl1U0NWNjVLZXdwdWY5YXNjWHpWT2lUekVvSUh4Nk80OWF5aFBNSDVBdnctZ3VQS3BtLXJDRjhZNzVDS1Y1WVkyUVJLZ0ZUR0RJZlhlb25HOGlkV3dfRFM5bjFCVzhjVFVGY2d4LTJvdmFOS0NVa1BneHh6dFlfcy1CQ2tZZ2JEQkxlQTRJYkpRQ253QUlPLWcxUQ?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59070 (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/62.json (key "59070", 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