# FOURTH CAPITAL BANK
NASHVILLE, TN · FDIC certificate 59101 · asset band $300M-1B · latest filing 2024-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. 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 | $516.5M | |
| Deposits | $450.9M | |
| Loans and leases | $384.8M | |
| Total equity | $50.3M | |
| Loans / deposits | 84.27% (p56 of band) | 81.72% |
| Liquid assets / assets | 20.92% (p36 of band) | |
| Uninsured deposits / deposits | 31.10% (p74 of band) | 24.65% |
| Brokered deposits | 5.95% | |
| Wholesale funding | 5.95% (p48 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.24% (p48 of band) | 10.35% |
| Unrealized securities loss / equity | -8.04% (p72 of band) | -17.47% |
| AOCI / equity | 0.66% (p85 of band) | |
| ROA (annualized) | 0.10% (p7 of band) | 0.93% |
| Net interest margin | 3.06% (p36 of band) | 3.35% |
| Efficiency ratio | 95.95% (p94 of band) | |
| Noncurrent loans | 0.00% (p11 of band) | 0.28% |
| Net charge-offs (annualized) | -0.01% (p12 of band) | |
| Reserve coverage of noncurrent | 30206.25% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 91.62% (p77 of band) | |
| Auto loans | $7.5M (1.94% of loans; DQ 4.01%, NCO -0.03%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.6% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2017-12 | 4 | losing money, expense ratio p90, NIM <2.5%, charge-offs p90 |  |
| 2018-03 | 2 |  | expense ratio p90, NIM <2.5% |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | losing money |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 4 | losing money, charge-offs p90, deposits shrinking |  |
| 2019-12 | 3 | expense ratio p90 | capital falling, deposits shrinking |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 3 | charge-offs p90 |  |
| 2021-06 | 4 | construction >100% equity |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 | brokered >10% | losing money |
| 2022-03 | 5 | losing money |  |
| 2022-06 | 6 | capital falling |  |
| 2022-09 | 3 |  | brokered >10%, losing money, capital falling |
| 2022-12 | 6 | brokered >10%, wholesale funding >15%, losing money |  |
| 2023-03 | 6 | capital falling | charge-offs p90 |
| 2023-06 | 8 | charge-offs p90, uninsured deposits leaving |  |
| 2023-09 | 6 |  | capital falling, uninsured deposits leaving |
| 2023-12 | 6 |  |  |
| 2024-03 | 1 |  | expense ratio p90, brokered >10%, wholesale funding >15%, losing money, charge-offs p90 |
| 2024-06 | 1 | expense ratio p90 | construction >100% equity |

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

- 2024-07-11 [Volunteer State Bank completes legal acquisition of Fourth Capital Bank - Williamson Herald](https://news.google.com/rss/articles/CBMiggJBVV95cUxQRXNSVlViaXlVUjJ2dFJmSGpJWms2T3lzQkdkbE1meGtrY0NveWRPbFNwSXVLbEs0ZWpMZlRpcWRvSW1LSTN4dEJfTW9QY2R0cWVTRUNKejhWQnJUMmg0U2M3amRXN1BXamhKQ25xUDZnS2FzSzdPcVpNaHQ3eGs5ckwydGx1Y1RuaGdmTGZGT1diSldTdm0wZ3h4NGxkY3lPTGt0Q25fQWlLU0prTFN1a3B1UjN3SldyUC1GZ1BnMUZrV241MkgzOFFEcTRfNHpTbWRyUEtkMDBiSEUzOEhINjF5M3hGeHpGVmR1V1diVTY2cDFPU1M4aFluVXg1RXAwUlE?oc=5) · Williamson Herald
- 2024-07-01 [It's official: Volunteer State Bank acquires Fourth Capital Bank - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPeTl3bU5EVzFmWk5uOTNESHFSbm9nb3FFZm9nU2pvd3hPQ0Nfb0pUTEFGYmlzZEx1ZEVuT1hWbnhMVTlFSkFIZzNRc19KeXpnR0pFQjMxbGF5YUR1cGJvaFUxTTBLS1B3QUF2UWI3T0NTb3ZmMWFLWElQSmxEU0lZdlJwWHIyWmtZX3ZzQlRKX3BBQzZTQUhUa2x4ZDQzZG1OU0FSS2RR?oc=5) · The Business Journals
- 2024-07-26 [Of Note: Fourth Capital, Volunteer State Bank complete merger - Nashville Post](https://news.google.com/rss/articles/CBMi6wFBVV95cUxOc1R2U2lJZklobFRLWS1NWVpQWFNlUy1HbzBXdDBJdVVYX2RyMHc3cTk5ejBYVWEzUlE3aHNXQnBZenhGdnpXakgxYm90VzA5aEVFVGpBQ0xsVDBoeFF2ZXVpemVKb1Z3SXZ3eGNOal9KQ0REbkZELVo2MS01d3VBYXhwTzZzRko0S1U2Nk8wVGFrRFZyUU5TMDhSOUNnYXpkNW9rQ0dlVlFFY3FuNFgwY1RHSEpKQ013WDlSNlNSUl81ckFzMGg2YnVQWlZOMkxlbDJoQWoxOG5KSGh6Yk02Z1hWb2YwcWZTZzdz?oc=5) · Nashville Post
- 2023-08-28 [Fourth Capital, Volunteer State banks plan merger. How it impacts you - The Tennessean](https://news.google.com/rss/articles/CBMiywFBVV95cUxQTUthcWtFNWlVUU1HWm9meS16QTZ3anRBT2ZsUElRVWxnOFdjZTNpY1N5ZTg0LUJXQV9yekVXLWJKLVFGeGswbDdEcUI2RGtqOTdqSS1fSjd3M1RCMk1XeHlTazRsZ3NzM09Dck54Umg0dm5nS1VoZG9vaTBRa2R0Ym5vVTg3NlV4b2ZFWGFiN0NPRWlSbXMwTWpNNmtYbG4tdUdrVTdxTWFHdUc5S0oxQTBYcGhES0dVN3pBY3JXWElkbDQ3bmMyem43UQ?oc=5) · The Tennessean
- 2023-08-29 [Fourth Capital Bank to Merge Into Volunteer State Bank - Rutherford Source](https://news.google.com/rss/articles/CBMijAFBVV95cUxOeUtBVE5ybzBuYkYtOUs5OGdVVXlpR1o2N3I2dERCUjZ3cVN2OFJwTngwcUZDaDJjcU4tNDkxTVRBZUR0VGlFSW51a0xKcHFpR3lidW5ZLTgxYkdHeXFndmVDWW9VekpVOXVnQnpRaW8zVC1ub3FsWDNSM3M3T2Z2TmE3b2VodjNQa0p6Nw?oc=5) · Rutherford Source
- 2023-01-31 [Rocket Mortgage Powers Mortgages For Small Community Bank - Inman Real Estate News](https://news.google.com/rss/articles/CBMinwFBVV95cUxQcEZ2VmNnYmVBUXBvSXRvWFF0SHdkeWZLMUp1QU9XLUJFSmxiSFNoOWNOaGNjTFVDUDhwVl9nZXRuTWVydXZ6Ri03WlE5UEFtN0NYeXAwd212Wi1RcGV4QXlzMjNNcnFJTFprcU5FODhLcllZRWlpQmYxVWFaY2dqdEtibDlvRFZFUXBDSEFJU2hDUjFlR18xS184MVZBTHM?oc=5) · Inman Real Estate News
- 2023-02-01 [Rocket Mortgage loans now offered to a community bank's customers - National Mortgage News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPRGpqUDZKNUo1cjFSUTdsUjlFYWN1TTJ4dC1nYTFWREJCZXd4cEZLeXA3MmRhaXJxN3dlaDY4MUNfcVdPZWQzRFQwWUhWUTg5MVpMbFNKTGxmRTQyT1AwcExyaHgzWUI2WXpod2VqNWFzcUhraTg2bS1qaFUxSy05ZXgwek9KVFZ0eTVOdXU2YUNsLWV3bGczSkpqZ0dmQ0M3UFM0TnBPQnQyQQ?oc=5) · National Mortgage News
- 2023-08-28 [Gaylon Lawrence Jr. announces plans to merge Fourth Capital and Volunteer State Banks - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxONmFHSWhHYTJyUVNmM0JkRDJIVDBhTWZ3VHd4RllKbGV0X0FtYVFtVDNoa2tMSXBIQWhrVHZJT3RZSG5zUXM4cWtDdXNzRlB4aHNSSk03WWY2Z3hCYVdvUUlkWUdmSDhqdnFnVDYtNG5zYVo0TGRLMVdQV1FLNU9uc0FmZTNuOWJqWXVxVzR0MjR2ZzBuaFBubXhHOExycmVyZ2VIMlNTRHI?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59101 (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/29.json (key "59101", 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