# NOVA BANK
HUNTSVILLE, AL · FDIC certificate 59326 · asset band <$300M · 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 | $91.2M | |
| Deposits | $66.1M | |
| Loans and leases | $71.2M | |
| Total equity | $24.6M | |
| Loans / deposits | 106.39% (p95 of band) | 73.59% |
| Liquid assets / assets | 22.03% (p27 of band) | |
| Uninsured deposits / deposits | 16.59% (p37 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 28.11% (p94 of band) | 11.76% |
| Unrealized securities loss / equity | -0.09% (p90 of band) | -6.57% |
| AOCI / equity | -0.41% (p48 of band) | |
| ROA (annualized) | 0.69% (p25 of band) | 1.17% |
| Net interest margin | 5.06% (p91 of band) | 3.93% |
| Efficiency ratio | 84.47% (p84 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | -0.01% (p11 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 81% | |
| Construction % of loans | 49.42% (p79 of band) | |
| Auto loans | $329,000 (0.46% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 9.0% | |
| Employees | 23 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2024-03 | 3 | loans exceed deposits, losing money, expense ratio p90 |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | capital falling |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 3 |  | loans exceed deposits |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 4 | loans exceed deposits |  |
| 2026-03 | 1 |  | losing money, expense ratio p90, capital falling |
| 2026-06 | 1 |  |  |

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

- 2026-05-27 [Nova Bank was built for relationships over scale - Business Alabama Magazine](https://news.google.com/rss/articles/CBMigwFBVV95cUxPZl90NHBlR0NwcEJmNkNoc3h2ZDBGUE44RjRHOEJ3bDZZODEzVmg4SGx3X0xwWkg4RzkxUTBwX1A3SnNLeHZvWkFfalZmZHcteU5xVUY5cmdYSS1SeEtod0lTWGk0MmVxalQ3WFl4Y3ZYRUJOZld1QjdLd0twUWRkaFBrRQ?oc=5) · Business Alabama Magazine
- 2025-04-16 [Here are 5 new banks that have entered the Huntsville market - Hville Blast](https://news.google.com/rss/articles/CBMie0FVX3lxTFBJU21Zd2ZHUHNQb3hzN19KUXVLcnZzZnNNZWI4Yl8yR3MxVFNJMkxMWEFfNS1MUTZCbnlBUlBnQ3BzejNBUkRXb09IbjUyR0lRZWlQWnJMSkFoTXJaaXczVUttUDFlbjZsNERTaUtpNktTSExRU2cwWndxbw?oc=5) · Hville Blast
- 2024-12-31 [Deals and regulatory scrutiny: Community banking in 2024 - American Banker](https://news.google.com/rss/articles/CBMigAFBVV95cUxObTFBRWZXVmJSS2R4R0JJdTZ0VnR0alpZaU1ObGFHOGtka2FRNkRPWEwwUUJGYnUtQWVVbF9UczRCMGx0M3JLWXNzRnlZT0ZVOExHb1IwWkI4b2ZpN1VlM3YzT1FJbjNOZzBwZHhPOFlSV1gxVDFGYkVqWVlnUFJMeg?oc=5) · American Banker
- 2025-03-26 [Number of new US banks continued to decline in 2024 - S&P Global](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNSnR2eVFLcHBfdEJiYVdIalRvUWJFaVE3UkZLNXJqWGtjOWlBUlk2eHM0NUYxOEVtaVBCbmxlVk12Q0dLVlEwZVM4WUtPVnhfS0k4bUE0cW53eUpZZkZLaVNCM1FRNVZpSmlrQlVDcTJCVUhuQzlKR3hXdUVEQVpWYzJvWngtb01LTXRyZkRZNElpcl9xdEFZeGxZYUhVajVWS0RxZ2Z0a0RYbGFTeVlRSnBUMjJncVhEdEc1WkN3RmxlWXhwaklRX0VIU3dBWVhXcC1icw?oc=5) · S&amp;P Global
- 2021-08-05 [Huntsville Group Files Application With FDIC For New Downtown Bank - Huntsville Business Journal](https://news.google.com/rss/articles/CBMivgFBVV95cUxOT195djlLQUZRT05MUy1pbXowM3J5ZFJpMWxsSVg3WWhSOE9rN09WTFd2RWJlcXRfeDdRR0o0eVFOMGJnNkxJYXZHakVsZUpoREpWRUJKeVo1eDNhYWk5UldnNHpyMUpRTVNHUWdkMDZ3anlWZE5hZEg0c1hjODNHZFpYNnFNT3dtNklyNTdCMDhZUHRlSlJyWlhMNm1tdGVldzBCYTFjcXNwTkZESEtCelMyUTRYbVU5d0JzbmJ3?oc=5) · Huntsville Business Journal
- 2023-06-23 [Former FDIC examiner moves closer to dream of opening his own bank - American Banker](https://news.google.com/rss/articles/CBMipAFBVV95cUxQNFp6OFFsVHhMcEZ4YkNzYVZFN3lWRms2SFZwd3Y4UEdpZmYyY0VfdjZoWFRKV0FrZDl4QW52YWpfaElVbDU3MGFfV0xzd19kajVZeXdxRW8zQWFRZWhYU0Rod1lTTkhzQmU2dzJMZUtoMkNEaGJjc0NUSUpOdTdrUk1uSEJQcnhySk81U3ZIYjVTZzd0QmI2MEFNT0kzNUtmdWFReg?oc=5) · American Banker
- 2024-10-16 [Google Wallet adds 17 new supported banks in the US - androidpolice.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQeVVkWkxXV2lsbXRJMkVNVVBlZjFpMy1semFrRjdNc1JYV2pROS1TZ0pNaGU2U1RtUkhEYVNCYzVyVlJjT0xWN0Zoc0NBbWF3S3F2OTFCVkFDaFdzMGVJOEZPdXpjOTRReTRvWG90am8yNjBJcDdwLWc3Y29XOUhra0FqUklUbUNUSGc?oc=5) · androidpolice.com
- 2024-11-18 [Here are 5 new businesses you should get to know in the Huntsville area - Hville Blast](https://news.google.com/rss/articles/CBMigAFBVV95cUxPS3Fkd3QwdjVYMUJwOXpLTS1IM2J2Mk5qZER6a0dfeU5mUkdxblY3WVhDRDBGU29iTDhrUTJxc1U5TFlZcGZPem9lZjBRbzJDVjRMYW5DOENpWW5jUkt2bWp5MGtvbF9UQkpJNEU5VTNQMVM0OHVrRlZQbG9uUE9nVg?oc=5) · Hville Blast

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59326 (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/62.json (key "59326", 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