# TRUSTAR BANK
GREAT FALLS, VA · FDIC certificate 59183 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $1.14B | |
| Deposits | $970.4M | |
| Loans and leases | $950.1M | |
| Total equity | $107.7M | |
| Loans / deposits | 96.87% (p79 of band) | 87.10% |
| Liquid assets / assets | 15.95% (p27 of band) | |
| Uninsured deposits / deposits | 44.13% (p81 of band) | 30.76% |
| Brokered deposits | 3.71% | |
| Wholesale funding | 8.52% (p59 of band) | |
| FHLB advances / assets | 4.81% | |
| Tier 1 leverage | 9.38% (p21 of band) | 10.50% |
| Unrealized securities loss / equity | -2.01% (p81 of band) | -7.75% |
| AOCI / equity | -0.91% (p20 of band) | |
| ROA (annualized) | 0.65% (p13 of band) | 1.26% |
| Net interest margin | 3.08% (p18 of band) | 3.70% |
| Efficiency ratio | 65.57% (p70 of band) | |
| Noncurrent loans | 0.39% (p39 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p18 of band) | |
| Reserve coverage of noncurrent | 272.13% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 158.96% (p99 of band) | |
| Auto loans | $1.3M (0.14% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 13.0% | |
| Employees | 66 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-09 | 4 | uninsured deposits >50%, losing money, expense ratio p90, NIM <2.5% |  |
| 2019-12 | 5 | loans exceed deposits |  |
| 2020-03 | 3 | capital falling | uninsured deposits >50%, NIM <2.5%, loans exceed deposits |
| 2020-06 | 4 | loans exceed deposits |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 7 | uninsured deposits >50%, run vulnerability, construction >100% equity |  |
| 2021-03 | 8 | securities losses >30% of equity |  |
| 2021-06 | 8 |  |  |
| 2021-09 | 8 |  |  |
| 2021-12 | 6 |  | loans exceed deposits, run vulnerability |
| 2022-03 | 3 |  | losing money, expense ratio p90, securities losses >30% of equity |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 | run vulnerability | capital falling |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | capital falling, uninsured deposits leaving | uninsured deposits >50%, run vulnerability |
| 2023-06 | 2 |  | uninsured deposits leaving |
| 2023-09 | 3 | uninsured deposits leaving |  |
| 2023-12 | 3 | wholesale funding >15% | uninsured deposits leaving |
| 2024-03 | 3 | NIM <2.5% | wholesale funding >15% |
| 2024-06 | 2 |  | capital falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 | capital falling | NIM <2.5% |
| 2025-03 | 1 |  | capital falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | capital falling |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 1 |  | capital falling |

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

- 2026-08-21 [Trustar Bank Announces $750 Million Branch Acquisition from Forbright Bank - Business Wire](https://news.google.com/rss/articles/CBMizgFBVV95cUxQekFTcmNGXzRTRFk1X1E5Q0g2SEwtTGNHNGhRdUV0UzNUVXhsbEZRWDFsZVM5Sm1SWE5TSFdqRDNjNlNqUVVsbWRTek1CREk1OTFXN09Tbk95dWl4V1pvM0l1WHN4ZnBLNlYwbElHWkZtcG9QUHMxYUwya0o0STN1MENDMXdjOU14d2ZyY0tlcTlEdHdHLW4xYUg2bzRzbXZFM3Mxd3FWcTJ1Ylh1bS05LWJBcFptaEU2LTJrbU4tMU5pTEpyMGFSbmwtME91dw?oc=5) · Business Wire
- 2026-08-21 [Virginia lender to acquire Forbright’s DC-area branches - Banking Dive](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQTDNtRVVSU1JkY3gybkZXd3FtSURtWkZiMWZNQ0d3Sy1mRHpvUzhCZlBIZ1B6MF9sdmtmOW9zYzNRX25XNG5ycFBUOTNYVUgyR2hRa1lJTlhEVHo3ZWZ6Z0pycjh3RjlBYThROWpNTHdKeC05VWJCX1NzRGtpZlRlMFQwUkNUQlhRWGZDZEc1VmVvOHFobC1QOXFFUWo0ZFlsRXpNRGlVeFJ4aEI1UEhzUThESERGV3VnUFNjOU51QU1fOFMzd2ZFNDVzYzJraWROUGJGZ0xUSQ?oc=5) · Banking Dive
- 2026-08-28 [Shaza Andersen Builds Banks—and Opportunities—Across Greater Washington - The Business Journals](https://news.google.com/rss/articles/CBMihAFBVV95cUxPcVdfSDBWeWt2REFudkFGQVVJcldlYVRwN3lsZ0N0QXBzZndmMkg1aHh3RXZwclBoQ2ZWazdxaFBKdDJidzR4NzBXeVFxZlhUWFR3U2NBRUFZRFlXbUkyUVM0QmNhQnZ2WVg4cFRobkd0NUlsVTJUQm9Yc09qMWNpY2lZNWo?oc=5) · The Business Journals
- 2026-08-26 [Trustar Bank To Acquire $750 Million In Deposits And Maryland Branches From Forbright For $19 Million Premium - Pulse 2.0](https://news.google.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?oc=5) · Pulse 2.0
- 2026-08-21 [Press Release: Trustar Bank Announces $750 Million Branch Acquisition From Forbright Bank - Moomoo](https://news.google.com/rss/articles/CBMitAFBVV95cUxPNFdIUFpkZndlQS1Ha3pMckZjTU51SVd0OEJ0R0pEUGhqUmp6cEttNzNmUFR4RGw1OWVIN0V5cFdjTEhzT3hfanRrdl80bVZpdlRwRHczUlVjd3lfcnRuNHI5cVFlNnFkREdtRFZHdEwwQjBtdTdUaHNCZkNQTFpZcnVVM2J5OWlqclRfZnRreGZ5ZTMxbFlrOFhvN0k4MHktSGtxLTZKM3V2eWFBMS1ZdWwxQjY?oc=5) · Moomoo
- 2026-08-21 [Trustar Bank to acquire Forbright branches for $19 million - Investing.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxORjJJTzkwRm5MQzF4YU5ySzNtYVBGdWw5Tm9KblVJcXpNRG5kd19BWTR5VThiOVdfX05Qa3pHOEMtLVRHcHZ0OUtFYmJPYXVnaU5RRktGVHdnRWJLWkpBUjBsbXhwV3pZZklqX2F5aUdod19lcTJLOXdVa29waGExUnZ5REZHdy1oLXZyT2dtcGVPXzhkQnE5UEN1eGNqQjFuRFBLUlVTWDdyWS1qZjVNZ0YwREg?oc=5) · Investing.com
- 2025-09-30 [SHAZA ANDERSEN | Founder and CEO, Trustar Bank - Virginia Business](https://news.google.com/rss/articles/CBMiXkFVX3lxTE1ISVNCM2RvaTNLOThTRzJYeGRHSzhUQ2FsTlJEM09tVUhoTTl6TXdTcmtEbGZFQmY5dmNqdkgwZzM5VkpXczNLYlBCdXZBOWRjT0ZuQU91aVpyTmNGQkE?oc=5) · Virginia Business
- 2026-08-21 [Forbright Bank selling local branches, deposits to Trustar to focus on digital growth - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxOX0xPeWh6aFpIOEhST2ZpeEZZWHhPYllzRDJfT1NQcGNsb2lTM3pUQzZ2MzNUZ0xlbWdMa1ZnNUNnQlJGYWc3TUgtZl9MdEhPcWV3LVM5X0hSeUNBQW14eDBmS005N1FrdHVJb1BRbVJUT095RFBEQ0ZaQk1FRkhKN01Vb19JZ005WUNURC1IR3RtcEdNTERST0d1NGM?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59183 (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/47.json (key "59183", 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