# GENESIS BANK
NEWPORT BEACH, CA · FDIC certificate 59245 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 7 (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 | $340.3M | |
| Deposits | $292.4M | |
| Loans and leases | $260.8M | |
| Total equity | $43.3M | |
| Loans / deposits | 88.09% (p66 of band) | 82.04% |
| Liquid assets / assets | 19.72% (p31 of band) | |
| Uninsured deposits / deposits | 60.42% (p98 of band) | 25.97% |
| Brokered deposits | 3.17% | |
| Wholesale funding | 3.17% (p48 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.01% (p55 of band) | 10.81% |
| Unrealized securities loss / equity | 0.00% (p98 of band) | -8.10% |
| AOCI / equity | 0.00% (p77 of band) | |
| ROA (annualized) | -0.24% (p2 of band) | 1.28% |
| Net interest margin | 3.60% (p33 of band) | 3.91% |
| Efficiency ratio | 107.35% (p99 of band) | |
| Noncurrent loans | 0.04% (p17 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 2747.01% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 0.00% (p2 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 | -31.9% | |
| Employees | 50 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **run vulnerability** (`liq_runrisk`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2021-09 | 3 | losing money, expense ratio p90, NIM <2.5% |  |
| 2021-12 | 5 | loans exceed deposits, uninsured deposits >50% |  |
| 2022-03 | 6 | capital falling |  |
| 2022-06 | 5 |  | capital falling |
| 2022-09 | 5 | run vulnerability | NIM <2.5% |
| 2022-12 | 6 | capital falling |  |
| 2023-03 | 6 |  |  |
| 2023-06 | 7 | wholesale funding >15% |  |
| 2023-09 | 5 |  | uninsured deposits >50%, run vulnerability |
| 2023-12 | 5 | uninsured deposits >50% | wholesale funding >15% |
| 2024-03 | 5 |  |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 3 |  | loans exceed deposits, capital falling |
| 2024-12 | 5 | loans exceed deposits, assets shrinking |  |
| 2025-03 | 3 |  | loans exceed deposits, assets shrinking |
| 2025-06 | 6 | brokered >10%, wholesale funding >15%, capital falling, NIM <2.5% | losing money |
| 2025-09 | 4 |  | wholesale funding >15%, NIM <2.5% |
| 2025-12 | 2 |  | brokered >10%, capital falling |
| 2026-03 | 2 |  |  |
| 2026-06 | 7 | run vulnerability, losing money, deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2026-05-05 [Genesis Bank Announces Expansion of Commercial Banking Team - Business Wire](https://news.google.com/rss/articles/CBMitwFBVV95cUxPTXNxNlcwcllvdS1uVXphM2daXzVaM3JVQjNuWGJ1SEFYQW4tczZkdnQ3WThWR2MzNUZNV3JIMmpPcEJwWnNCX0RzT2xnWVB5RnBrcUJ1eU1OdkhVY2hyS3g2bmNIaHR1QTVUYXRHVWFVTDZ2aVZSYlZPQXNtVkJIN1puM1RGQjhyWWtFTE9JMU8zV0lOd2QzTWlablVpSmNIQVlNakwteWppX3RRVzdVdWp1MlZIOU0?oc=5) · Business Wire
- 2026-03-30 [Genesis Bank Announces Naming of Chief Banking Officer - Business Wire](https://news.google.com/rss/articles/CBMisAFBVV95cUxOT3BKdDFYcUlQMThwNDZRbXkzcWFtTjhpc0tEN3c0cWhCYzBHSVltZXh4YnloOWxRZVhaQXdhUWpwd3cxaWhWTE56eV90ell0OHp6UVRFY3Brd0owcnBfdnB0aDZkQjhOSTNVVlV5ekVNclE5UjZBZGQwSGJlaUJCSzBFeHBTbFBTZkdOeEl1Zmt5UW1rOWhfQThqT2I3TUphc1JUenFWNUNlamV1cWN5bw?oc=5) · Business Wire
- 2025-02-18 [Genesis Bank, built for acquisitions, strikes first deal in California - American Banker](https://news.google.com/rss/articles/CBMipwFBVV95cUxOQ1AyNWMzMWdOSWRYWHNab1JBVHhETnp0c0tTOTFXNXNLaE5jb2ItSHZaZGptMWpoLW11bW9GY2RRQ3VzaWxNMU9BT051a2lTekVBelY4WFpfQjBrVHVVR0FJNVFJR19oenI2emtzWEVlcEZaNEJhWVJmVWdJbFdqMmRkeFhFSUViU0Q0MlJELUZKMVNBRUQ5V3VwSXpwejU1eUFBcVg0UQ?oc=5) · American Banker
- 2021-08-04 [Genesis Bank Announces Official Opening And Headquarters Location - PR Newswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxQMHlxTUhIRDliQWlNX1VpUGJOVWxWTFZXQVVjOWxZbU5xckliWk9aYVRDWjdRVUpuVGxGQ1dHVTlZaDlub3hUOEgta01jVEFKX2ZKU0xROGVLVThKVkNESVNYZVRJNUVzWDd0QW5LSlZCWkVGN1VrTkVBNkVMTHE5aUVtS0RKVTk3YkhsajlhcWE1bUZSR3JpVmZEckZzMnc3a2JTT2lvalF4aU42S1Q2dHNCWGNmRklFelRVTlFR?oc=5) · PR Newswire
- 2020-06-09 [Former Opus chief leads group behind proposed California bank - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxPS21NdlRTaHh6NlB0RS1tbXp2QkZfSFlMR1h3U1Z5VGMxam1RQ2s4U3FpYjF0T0FJVkI5WTVQUmVJRmRNQUVNVnZWams0SWlZQXJqc0dVOEtIUF9CLTI5WkxNMEh6clZWM1Vmbmt6LWV4d2ZueDM2cTFJTVozSTJKTFprX1M3UGZVRkdEaXlHUHlZb2VFVklRM2syNjVjQQ?oc=5) · American Banker
- 2025-06-13 [Genesis Bank Announces Completion of Acquisition of Beverly Hills Headquartered Excel Bank, a Tradename of EH National Bank - Business Wire](https://news.google.com/rss/articles/CBMiiwJBVV95cUxOUjQtTTdxbnVPR1JNVzNwbk05ZFFka3hvVEh4MGJvYWZnUTk3OENkYWRZOVo2M05LZVZhQmt0YmFzaHJPZ0tkRkFxakRoZ0U4WUEtcHJKMXJVMURTaDdDZkdLaUVTcnJndkZ3NEhKZEcxVE9yeHpWRENHUlRGVWlkXzZJNFVlV0h2VHlhTmYzTy1DbnBsLUduX1p2NjB1UVpFMFNtdEhTLUhhNS1xRVQzM1VfQW9memxWdTNYTUFBaW5pRWEwQTlNY285VzZuMFJXblhIcmtRRVFuVXBwUDQ3dUstR0dBNFJONUtONGZqMTdDa1FPbEZJaW1pdjlTamE2enhjcGpncnU0N1U?oc=5) · Business Wire
- 2021-08-13 [From Florida to California, bank startups are surging - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxNZGZuZkVuekdfcWlaRHhhZ2g1TnRvSzdtcVl2ZTlFelBEMmZfaWtxMGQ2YW13Y0ZUZFdWdEJSaDgwRmlELW4zdzR0V2dXVUJCcGpReVdMNUgxR1VFUnVWMDZCakRXQ0g5Y3Vja1N4dTZ6c3ZNM1Z2aEZmOUIwVDZ4a21YSFZCU2xnMnFwcnhxa25JZw?oc=5) · American Banker
- 2025-02-13 [Genesis Bank Announces Agreement to Acquire Beverly Hills Headquartered Excel Bank, a Tradename of EH National Bank - Business Wire](https://news.google.com/rss/articles/CBMigAJBVV95cUxPX3pCRi1yTFlrbEdHY2NHbjVKSFpLMmJmMlZ3azN6Yk5OSElQd0RQallBS2MxUGRFcmtIU2o4WnF0UDJCTmRZTzBvODVOTk91VHIzclhuY3VPcEJUUi1MWnhvUUlFNERWdG9zUGdBZ0EtdFUzZ1AwQTJXVzJaOXN2MTVpNDZvYW0yeF9wb2lydTRkanAyLW1pMmtwM0tQMVloS0ZCbmRTV3lseVhVTjdqR3dRR3ZqMTZOaEk0OFhYTjhXYlFxQWJUbzg4bWlvVzBadDZkWTVYZnA1VE9RYUdOc2JvVUl3U05LQU5nbE1HM2xlU3RiWVVmYk9nM1Izb2VJ?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59245 (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/45.json (key "59245", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide