# GRASSHOPPER BANK N A
NEW YORK, NY · FDIC certificate 59113 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $1.60B | |
| Deposits | $1.44B | |
| Loans and leases | $1.20B | |
| Total equity | $145.7M | |
| Loans / deposits | 82.99% (p40 of band) | 87.10% |
| Liquid assets / assets | 20.84% (p48 of band) | |
| Uninsured deposits / deposits | 17.91% (p13 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.22% (p4 of band) | 10.50% |
| Unrealized securities loss / equity | -4.96% (p64 of band) | -7.75% |
| AOCI / equity | -1.08% (p16 of band) | |
| ROA (annualized) | 1.04% (p33 of band) | 1.26% |
| Net interest margin | 3.69% (p49 of band) | 3.70% |
| Efficiency ratio | 76.79% (p90 of band) | |
| Noncurrent loans | 0.46% (p46 of band) | 0.51% |
| Net charge-offs (annualized) | -0.16% (p1 of band) | |
| Reserve coverage of noncurrent | 182.13% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 0.00% (p2 of band) | |
| Auto loans | $49.6M (4.12% of loans; DQ 0.88%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 20.4% | |
| Employees | 156 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-06 | 3 | losing money, expense ratio p90, NIM <2.5% |  |
| 2019-09 | 4 | uninsured deposits >50% |  |
| 2019-12 | 5 | capital falling |  |
| 2020-03 | 5 |  |  |
| 2020-06 | 6 | brokered >10%, wholesale funding >15% | uninsured deposits >50% |
| 2020-09 | 6 |  |  |
| 2020-12 | 6 |  |  |
| 2021-03 | 6 |  |  |
| 2021-06 | 7 | uninsured deposits >50% |  |
| 2021-09 | 7 |  |  |
| 2021-12 | 6 |  | wholesale funding >15% |
| 2022-03 | 3 |  | NIM <2.5%, capital falling, brokered >10% |
| 2022-06 | 3 |  |  |
| 2022-09 | 5 | capital falling, AOCI drag >20% of equity |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 4 | NIM <2.5% | uninsured deposits >50%, AOCI drag >20% of equity |
| 2023-06 | 4 | uninsured deposits leaving | capital falling |
| 2023-09 | 4 |  |  |
| 2023-12 | 5 | charge-offs p90 |  |
| 2024-03 | 4 | capital falling | losing money, charge-offs p90 |
| 2024-06 | 2 |  | NIM <2.5%, uninsured deposits leaving |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 4 | uninsured deposits >50%, charge-offs p90, reserve under noncurrent | capital falling |
| 2025-06 | 3 |  | uninsured deposits >50% |
| 2025-09 | 2 |  | expense ratio p90 |
| 2025-12 | 2 | uninsured deposits >50% | reserve under noncurrent |
| 2026-03 | 1 | uninsured deposits leaving | charge-offs p90, uninsured deposits >50% |
| 2026-06 | 2 | expense ratio p90 |  |

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

- 2025-12-11 [Enova Announces Definitive Agreement to Acquire Grasshopper Bank - PR Newswire](https://news.google.com/rss/articles/CBMivAFBVV95cUxNaE1SUHVIZmxZUDBmVUV1WS1mN0xjQkZRSjF4ZU5ZdVEwLWtPQWVyNUo3NTF2ejdOc085VGhrcHNTMG9Rci1vMUU4TWZCZGJNUk1HS3FwTDI4bTNidFV1NEVuOGh2a1Zod2tLWC1GWWl5eUlidGNFaWZQek5PTzd1Qkh6WFdYX1pZcWVpSlZpYkxfT1puLVVtcmIwWlItQmZDMGE5MTNQc0FjMWpkMGlXMzhldXFzM1I3bml4Sg?oc=5) · PR Newswire
- 2026-05-21 [Warren, Van Hollen Tell Regulators to Nix Enova’s Bank Purchase - Bloomberg Law News](https://news.google.com/rss/articles/CBMipgFBVV95cUxOQmpmeWxsSEVYNHZJZlJCY3FOck9WaTY1Nnc3NFdGTzlKLTd2QmNVZ3ZQQ1Y3RHFqa3dqZldkNkFsNUhzWmNULVE5ODRfTHM4NlJhYmJLYWRqM0xCTVExQXBXOWQ5RjNyNl9vR0pNdzFpUFl0TGFVRWlTRUduZEQ0dmtkSXJyYlBudmpSYWNyNmZDRmM0bUVNR3Jacko5Y3F2Ty1lZG5B?oc=5) · Bloomberg Law News
- 2025-04-01 [Grasshopper Bancorp, Inc. Announces Completion of Grasshopper Bank’s Merger With Auto Club Trust, FSB - Business Wire](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPTnl2TDBYYVQ2QW9YOFJJem9IQ2thVmw3elBNeU9ZR054TzBLb2NZazFQbFctU21qOHU0eXZ3bTZobERFbEhUQWVQcWdMOFRRNmpVWHNaMmRSUG1pS0tJWDZ0bEdhYXJzV1UxbWphWms3NmpZUjc5YTFybHIta3pXY1M1VEtzVUg3T204SDY3bDBwZzhRR04yR3pTbGkwRlp3dkVObVZwLXFfWi0yUXJhYVN3b2hNMmpTeHB4M3JCRGR5b1J1MS1SVDliR1EwMTFoZ2VmYlFwZ3Rzd3hkZmtJdGpjRENMSTlyZXBJ?oc=5) · Business Wire
- 2025-06-23 [Mercury Alternatives for Startups and Small-Business Banking - NerdWallet](https://news.google.com/rss/articles/CBMiekFVX3lxTE5zX0t2MGNLXzdHODBkN3BJM2lVZ2ExbmtCYTZWTWJUVjFOODFvdGw3MWR4WUxyRmpicDlKRi1ZZUhBV1FHWG5tSFY5eFRZbUR4bnpQM1dZd296bndkM1NVQVFGYWhuVG93TDVQUXVMM25udzcwRXhEOE13?oc=5) · NerdWallet
- 2026-09-08 [Best Online Banks Of 2026 - Forbes](https://news.google.com/rss/articles/CBMiaEFVX3lxTE4yLW82c3R4MGlNMGdfNDJoUlNLS09LS25JYnY3YTFIN1p6clZXaTA5WUNVWjZYbnFVTnZUcFkxelhXbnZ4QVBEOS1iWEtMQ2hqaWo0MWpiYnpXTUxReFJIU29Nd2ZsSUJQ?oc=5) · Forbes
- 2021-04-29 [Grasshopper Bancorp Appoints Michael Butler as Chief Executive Officer - citybiz.co](https://news.google.com/rss/articles/CBMirAFBVV95cUxOT0ZBUU5nSkVtY2RsVGMxOEtOS2RtdEVMOGpzaVhhS21kTzdCekFQdVdjamk3cV9XX0hXLVZoRFl5Nk13RHFLTU9CNmlDZTlHWG1iRWhENmtXZVJCUnpvemdwcmt6N2k5UzRWVTlmcExRUk1kQUdsbWZLRUt1QnR0NWlET1FPTVRXLV9Zb0s4cjc1NFg2VmpaSWdCVVR3VXJveFRBR2NiOHFQVlk2?oc=5) · citybiz.co
- 2025-08-04 [Grasshopper Raises $46.6 Million in Funding and Appoints New Board Members to Fuel Next Phase of Growth - Business Wire](https://news.google.com/rss/articles/CBMi9AFBVV95cUxNQlZzM0t2cmllWnN3LURNakdLbmJualc5c3ZUV3JQc1pOM0xSYzVLNWlqSG5pVkhiVklYVFR2UHViNXhBV1d2UkFKVDN6S2tRdjNySzh6dVVVYXBtdjh0WFExSjZyS2poeVVRWnJoR2FNYl85ZXBCLXRXWDFwVXpmV2lyQThnVW1PQjBLTGMzbzJyQThCVlYwQlJmNTl2SldVLWVyTEtIdjFnNDByUExSY2ZrYlF5ZXVvWm1DLXRBNEc5c25lWUhrbU90RTg0dVpraUs1Q3VHQkRMeDhhTnRDeGlMd0lJcm9QODNtaHQzRzJOblJ5?oc=5) · Business Wire
- 2019-06-11 [Temenos cloud-native software enables U.S. challenger bank to offer a unique, personalized experience to technology SMEs - FF News](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOLUdyelNMLWdfRzZqckRfek1LTVd6UEhoNHY0STEyYkpwdEFDcDJqZlB4RDRacVNRT2ZlMU5YaEdqYjFFRG1vSUpncW9Vc3d2dG9idWdoeGk4LVhLNjhob0ZSbE5vdlRNRHpUN2pmMGlOUjJUMGFtUjJkd2h4MV9FZzVadmtueFNZcXZHT01EcTE0RGpleFNBaWgzSWhTanMwN011RnczVnRmMEZfVl91Z2VOZk5kTE1vcTRfTjY4b3JPbnJmOWJkYlo0YTFyd052WHpQbHFVSk4tdw?oc=5) · FF News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59113 (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/41.json (key "59113", 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