# MILLYARD BANK
NASHUA, NH · FDIC certificate 59176 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $333.2M | |
| Deposits | $276.2M | |
| Loans and leases | $263.6M | |
| Total equity | $30.6M | |
| Loans / deposits | 94.53% (p81 of band) | 82.04% |
| Liquid assets / assets | 18.72% (p28 of band) | |
| Uninsured deposits / deposits | 17.81% (p22 of band) | 25.97% |
| Brokered deposits | 9.77% | |
| Wholesale funding | 17.27% (p91 of band) | |
| FHLB advances / assets | 7.50% | |
| Tier 1 leverage | 9.70% (p27 of band) | 10.81% |
| Unrealized securities loss / equity | -5.52% (p60 of band) | -8.10% |
| AOCI / equity | -0.05% (p70 of band) | |
| ROA (annualized) | 0.64% (p16 of band) | 1.28% |
| Net interest margin | 3.12% (p13 of band) | 3.91% |
| Efficiency ratio | 68.52% (p70 of band) | |
| Noncurrent loans | 0.85% (p69 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p42 of band) | |
| Reserve coverage of noncurrent | 111.25% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 66.91% (p69 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 20.6% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-12 | 3 | losing money, expense ratio p90, NIM <2.5% |  |
| 2020-03 | 4 | loans exceed deposits |  |
| 2020-06 | 6 | wholesale funding >15%, capital falling |  |
| 2020-09 | 6 |  |  |
| 2020-12 | 5 |  | wholesale funding >15% |
| 2021-03 | 3 |  | expense ratio p90, NIM <2.5% |
| 2021-06 | 4 | expense ratio p90 |  |
| 2021-09 | 3 |  | loans exceed deposits |
| 2021-12 | 3 |  |  |
| 2022-03 | 1 | brokered >10% | losing money, capital falling, expense ratio p90 |
| 2022-06 | 2 | wholesale funding >15% |  |
| 2022-09 | 2 | capital falling | wholesale funding >15% |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | wholesale funding >15% |  |
| 2023-06 | 5 | losing money, expense ratio p90 |  |
| 2023-09 | 6 | NIM <2.5% |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 5 |  | capital falling |
| 2024-06 | 6 | uninsured deposits leaving |  |
| 2024-09 | 4 |  | losing money, expense ratio p90 |
| 2024-12 | 3 |  | NIM <2.5% |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 | capital falling | uninsured deposits leaving |
| 2025-09 | 2 |  | brokered >10% |
| 2025-12 | 1 |  | wholesale funding >15% |
| 2026-03 | 2 | wholesale funding >15% |  |
| 2026-06 | 2 |  |  |

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

- 2023-03-17 [Out-of-State Banks Flock to NH to Grow - businessnhmagazine.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQQ21nYXJ2N1U2TUNPcUlMUXllN3FlTi1yMGtLc2x5cV9HdVp0TG1fQlQ3VnIxUDhGczg4Mm1GMHp0d0N0VWt4bGlTZ3JLRU1iUVBualQyVmNXYk00aVZzSm1QT1VFaDI0YXNxMkl3cVI5b2NxRThCQjktQV9fcEcwMndRYUlRMmVw?oc=5) · businessnhmagazine.com
- 2019-10-11 [A new homegrown bank takes root in the Gate City - NH Business Review](https://news.google.com/rss/articles/CBMiekFVX3lxTE8wVXQ1Z2FIeTZHOXRXUHFPRGRybEo5T25jamw1b1FUVy1jalE3X0tGb2t1Y0JSZ0pvUk00d0swc1pEeWlMV1lRVEZTOEU0YlJLbkRBbnEtVGpkQ1h1V0FLc2tfZk5RXzNjX0pUVHdNVWxYeWQ4VUJvSkJR?oc=5) · NH Business Review
- 2020-06-06 [Franklin Pierce University announces partnership with Millyard Bank - nashuatelegraph.com](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPMkk3Rm1LYUEzaUhXOUJ5MXdWb015RzlEUl9uVE55SjdwWnJ1T0JlMjFhWXg4MUNkd2FPNk51RXg5ZHhyUzZCQ2RBX2xkS0l6eDBjRWVvS2Jna3Fma0tZWktpSWdXMzVlVVpldERZNFJYV3NtZFd4NFVTeHNVdWFLUEppZG1BWWVmdGRqUEZwbFNRbWdaaWZUa1RqbWoyN21USHBCZjRhandqNWdLU2M4RnJWUlBnQW1BN3lQbUdDZ1M3Y3c?oc=5) · nashuatelegraph.com
- 2022-09-07 [Nashua's Millyard Bank Adds 2 To Board Of Directors - Patch](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOZWxfWmp1cnM5MXA0WlNEUHNaVkVGYnFTYmR5TURUaHNOeTl1UWU5RllicFVLRDFjOE8zb0pUVlRlVkVBN0dfbXRrVWV3Vmg0NEZLcElsa1FiTkxtU1VJSEtkUko5S1hwVW1jZmFhZWVRcHNoY2F5QlFGaUQ0U24xT3UwTWdsbDVmVWVZ?oc=5) · Patch
- 2019-09-24 [Millyard Bank Gets Conditional Approval - businessnhmagazine.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPeW1zNEhSOG8yd2lMaWtwNVVjQWVPNDF1UnlYZW5hNUZxQzJ5UWlBeGpPdXo0YW9lVE16LW0xbkRLRVFFWVhaREl4N2N6ZXNoQ3F5cWt0akYyeXJxejk3eWN1Z0V1Xzd3MDNTWmJ5cmxPM0xkUWxsUlVPVWhoRklpMXlheG1COU9RMkE?oc=5) · businessnhmagazine.com
- 2020-08-18 [Banks Prove Granite Strong - businessnhmagazine.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE9yOEJld1I4VW9fb0xDNlNVV2VfWWRnckFfM3EtLUgzOURvVjMwVmFkSFBqaGQ5aF8tUlFTVEJrTXE3TGNkekF6eVVmUVdQRkxDd2JmUGpIendianhfNTBtSmhOeEJCNFU3T01oZlJLQTBrOGZtdWEzOQ?oc=5) · businessnhmagazine.com
- 2025-07-23 [Charlotte Mansfield Obituary (2025) - New Boston, NH - Union Leader - Legacy obituary](https://news.google.com/rss/articles/CBMimgFBVV95cUxNNkppQU1ELU5GRlVyZGVYSWVFaDlaSVRUdXE5MkdGcmRLSGF1NnAwdDNnd0k4YXZWa1h2OWFyVUpUdDVDaE9tT0Z1X2dhZDZLR21fbFBWZ3lRQXRtSUpaMnZPYkRiQVhQTVpRUFd5RGdYSjRrbXVocWFXVzZacnY5U3dld3VhUHB3SUhIcmZ5TnlQUXhTZDNJQnVn?oc=5) · Legacy obituary
- 2020-08-12 [People and Property: Real Estate and Construction News From Around NH - NH Business Review](https://news.google.com/rss/articles/CBMimAFBVV95cUxNUmZOaHV0dkNrUUtUbF9qcHJYaVJaeThUNzE4dTB0MFhLZVlwMUhnZzFsbWNfRjRRTDJTM3N1ZTBLU3BxNEhsWnBXWDhEeUJjcVdLenhmYXd2TXQ3ZVN0UkFTdU9UMEpaczhZS29Cc0F3RDlmMENJZEFnT2FMWV8ycVlqSllCUGw1QWN6VXFtUGlXUkxhZmswVw?oc=5) · NH Business Review

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59176 (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/40.json (key "59176", 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