# ECHELON BANK
CLEARWATER, FL · FDIC certificate 59377 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $52.2M | |
| Deposits | $23.5M | |
| Loans and leases | $3.8M | |
| Total equity | $27.2M | |
| Loans / deposits | 15.98% (p5 of band) | 73.59% |
| Liquid assets / assets | 87.39% (p98 of band) | |
| Uninsured deposits / deposits | 46.31% (p95 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 67.36% (p96 of band) | 11.76% |
| Unrealized securities loss / equity | 0.00% (p95 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | -8.19% (p1 of band) | 1.17% |
| Net interest margin | 0.40% (p1 of band) | 3.93% |
| Efficiency ratio | 2359.41% (p100 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 94% | |
| Construction % of loans | 2.79% (p25 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 32 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2026-06 | 3 | losing money, expense ratio p90, NIM <2.5% |  |

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

- 2026-04-06 [Spotlight On: Rob Shaw, President & CEO, Echelon Bank (I/O) - Capital Analytics Associates](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWGd6SDFGM3RqeFhlVTBWZEJtNm03dnY0VTBBdVZJLXViMmNCV1ZMVDVKWmJYN0FETUpxYmp6OGNCOFRmaWV0UE9NaTFici1jS3Zpd0tINVd5Q3ZablpKWkladVJHU3BrTkpuODE0bnZxa1VpMTgyek9IbHVtMTlLQWFIb3ZvbGhMRXZHVTIwQkRoX1JVdk9j?oc=5) · Capital Analytics Associates
- 2026-02-18 [Echelon Bank Achieves Major Milestones on Path to April 2026 Opening - Yahoo Finance](https://news.google.com/rss/articles/CBMijAFBVV95cUxQWnB5MVBfelhhZ1gyY2pFdWNLMFl0ZGZKNnBmRG1QeXFmM01uWFExWURKTk5HUmhoYk9jODJULTZNXzVvWW9zSERFTUNQOF9uRENmcmZYNmttQlppdnpwcXlnSi01dUFTY0VnQjQ5d2dhREZ3cDl4Z2ZLalB1REFnUkVCaFhydE5oLVNNUA?oc=5) · Yahoo Finance
- 2026-03-25 [Echelon Bank to join 'trickle' of de novos in Florida - American Banker](https://news.google.com/rss/articles/CBMikAFBVV95cUxNTmhROWpQcFJhSWRjdXlWWnlkVGpVY1l2SUEzZlNrd3hVVDdlS3BpZHk0dlRnUzZsd2ZBR1NsRXdLaVl4cTM0N1RKc0laYnFqLTEwQlEtNHhOdWMzT0kxalFFOWw2UjhEcmYtMjlacENpeGczcWdhWVEyc0hnNUF5amg2c09JYU1ycHhzaHo2MUU?oc=5) · American Banker
- 2026-01-23 [Veteran bankers see opportunity amid surge of industry consolidation - Business Observer](https://news.google.com/rss/articles/CBMiogFBVV95cUxQSkdSbkNMaXY4UDBYWXB3dlN3bGg2dU5RcVRuMDFBUDg0YXRTR1RHTHFrTGZ0VE0xdjVFbTJCWk4yMk9MY3JrWnZLeW1ZUmpkTXBCVTc2TWVBMG84YW5uRGpzem94NjA4NEJSVTl6Z3p4R2VMTmcwSENDMUhtN2J5RENQSVh6UHlNQVpxU1FtaF91cU5WTEtXTktpV05LQTJDdEE?oc=5) · Business Observer
- 2026-04-02 [Local bank snaps up Bayshore real estate for Tampa branch - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxNX2JQU2dJblFVSW5JOWptSlNqUTl6VE16bDBvM0RNLVhQdWR6VjVybGJZRjV0RU8tSFdUQWF3UjVvVTA4QV9GVkptOWpPb2ZPRk1SM1pEd0dFcExkUHdCOHBXcEFPN21xTGRZZkk0RlRkWnZSa0d4b01WQzV6a054VVpfdDRHWndKYUk0Q3plV19tRU9hOW40?oc=5) · The Business Journals
- 2025-10-17 [Rob Shaw knew starting a new bank would be hard - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNelVFRHpqc2owWHV1SmFUc2NsTFlzUGl5R1ZNUlN6NDJjSnZBdzZkVno5SzhDTnZZRkRvdUo3NTZVWXFOYTRuQUlqOWRsLV9OS2kxbzN5V1lnYWtZSFdUMzg5SGZ3aW9VeXpBczRDcEsxRGdNMDNidnNpN3BvbGFES3g2QU5vMFduRGl1LVA5VUk1aXBfNGdReVlpNEZmcnFNUHQzaXQ0Vkg?oc=5) · The Business Journals
- 2025-09-05 [Central Florida de novo targets early 2026 opening - Banking Dive](https://news.google.com/rss/articles/CBMirgFBVV95cUxPd3ZEMjltbEdaeHNJWUo1d1MzWXNxekN0cllMS3hLZllhTFdLZjZEeEkyVzRPZWY3U21oNVlpSDdWUGRmYmFLcFYyRE1vZWk1UWhkZlRncVdFeEFGck1aLUJCZXMteE82dGcwdG5Bal9MTUt2VTJYNWRyREJPTUlPSU5wRWxTd1RvbmttZUdrbW4wYjBSSzZEZWgySmlVMS1FbENtc3pkdG5YUWE5SVE?oc=5) · Banking Dive
- 2026-04-29 [Former industry regulators lead group launching new Tampa bank - Business Observer](https://news.google.com/rss/articles/CBMinAFBVV95cUxOMTdfaXZ4NFUyTU5hOEdFclVvNmtvN21ZNlRmQ0tEMTk3QkNiTGd2S3huWjZ5YTc1VHpWUm1DX0Z2Z0htaGppY1hjclY2SWFha1VWZGJtVFNMM2ZyamFzR2FQR1RTWVJIZFV4ZW5zQW9aRWhJcVdENElhMUQxdHFGUklxeVd6elhaYjRlRjFDTGdiMjRUMzJHN3Fhekc?oc=5) · Business Observer

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59377 (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/49.json (key "59377", 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