# EREBOR BANK N A
COLUMBUS, OH · FDIC certificate 59378 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $4.66B | |
| Deposits | $4.06B | |
| Loans and leases | $77.8M | |
| Total equity | $597.4M | |
| Loans / deposits | 1.90% (p1 of band) | 87.10% |
| Liquid assets / assets | 97.47% (p100 of band) | |
| Uninsured deposits / deposits | 27.56% (p40 of band) | 30.76% |
| Brokered deposits | 43.91% | |
| Wholesale funding | 43.91% (p98 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 38.81% (p99 of band) | 10.50% |
| Unrealized securities loss / equity | -1.61% (p83 of band) | -7.75% |
| AOCI / equity | -0.39% (p44 of band) | |
| ROA (annualized) | -1.03% (p1 of band) | 1.26% |
| Net interest margin | 0.71% (p1 of band) | 3.70% |
| Efficiency ratio | 211.95% (p100 of band) | |
| Noncurrent loans | 0.00% (p2 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p18 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p2 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $13.7M (2% of equity) (p78 of band) | |
| Deposits YoY | – | |
| Employees | 90 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **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 |
|---|---|---|---|
| 2026-03 | 5 | brokered >10%, wholesale funding >15%, losing money, expense ratio p90, NIM <2.5% |  |
| 2026-06 | 5 |  |  |

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

- 2026-06-16 [Erebor Bank NA Hires Firm on Foreign Relations - Legis1](https://news.google.com/rss/articles/CBMie0FVX3lxTE5Sc2NHSFFvaUcxZ3NRLUxlOFJHZnRkYk96cG5SdW5MYmt1Vkw0S21YLWdpQko4YWZJcTEtdE4xdnMzZ1ZJM0hIZ0N6LVVZUEt2bGdVemEwR1FqMm1iZ0l2emRVaUNNa2RUeGhMX1FTaUh6UGlOZ0drbjRPMA?oc=5) · Legis1
- 2026-04-22 [Infinite Launches Dedicated Bank Accounts for Embedded Stablecoin and Fiat Payments | Corporate - EQS News](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQYnpBa1lsZFR3NS1sNE5WVGdHY1k4anI3dXdsNTNqOTMtUDdxQ3FuQ1ZZUnN4WHZMU0xsSG5mU3dYNjhxNDhmejJWMHR0d1FnUFJQLXRxUHBmRnRWY0Nrem9sMmJsWHZTUTNCMDd4amRuVXE5OUNvRHFoR3lMS2JfcnpvQ3phTDNnYU5iQWk4UkM4bzQtb24xYWJXOXh3eC00OTI2VEhNMnZwLWpPZTlKbTlsNGxkZ0dZc3l3OUFpdnUwS1k3bkNGbzFudFpkOEc1MmV6emlSamFmZk1ieDB1OWlrZ1ZncXZ0MmlSV0dzUVY3X0gwRFE?oc=5) · EQS News
- 2026-02-07 [Erebor Secures First New US Bank Charter in Trump's Second Term - KuCoin](https://news.google.com/rss/articles/CBMingFBVV95cUxQNGFyR3l1UTJYQ0F1V05JdVNfYU5NbFF4TEtOMGlMbmJDVFZBZEF2YXBJSVZWZEE4OGo0bDJ1UXRJbDRvanhmbnh4LTJuT09OWmM5a05WdFJjSnhRRThEV3FiZTBpSk8zYlRWUm16QXkwN2wwRDFGSHh4RVJwM20wUFJKZWV0Y2tOakJNQ2dnYmFJTUduU041UDlROU1kZw?oc=5) · KuCoin
- 2025-10-21 [Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – October 21, 2025 - Consumer Financial Services Law Monitor](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNLWU1MlprazI4aDhlQXB0MllJQkFjVVhnSHBWdVNTcFBsX3NCQi16d09MR0w3YlJuRGZrSjY1cTdlM0sxVlFJOFVxVktlc3FEWGVySFhmWm16ajc1VjRBQnJpdENHUmVyYUc4akI3OXluX3ZUS2tGTVBkTGRVSnlMc0tnYjNZWjY4QkFTUTM5cUxXdHRYYWpFb1NPdnVJRzdQM2xZUW9vb0paczJjdldMUE5nYy11MDE1ODRUWWhMNGhINEtCTDB3cDRib0hnT1RreXBhcWFFMHJ1bWxJ?oc=5) · Consumer Financial Services Law Monitor
- 2026-03-02 [Palmer Luckey’s Digital Bank Gets Approval - Orange County Business Journal](https://news.google.com/rss/articles/CBMie0FVX3lxTE50Z0dPY0w3TnlfR3NJTWdKTVJ1RXBSYnRYbHYtVlYzMkNzX2QtRXRsT2Z5N1R5Z0l0Ymh0Mm9zcngzQ1dSTzZ6aVlLSVV4bjFhTGw1ckxoTFVRTEQ1MHdBM1NjNzNvM2wxdmRhM2pJX0tpYnpOeXM5aXFwMA?oc=5) · Orange County Business Journal
- 2026-04-22 [Infinite Launches Fiat and Stablecoin Bank Accounts Powered by Erebor Bank for US Businesses - Bitcoin News](https://news.google.com/rss/articles/CBMiugFBVV95cUxPV20yU2k4c2trQ0w3dGlrUDVmallfZ0tocXMtb3FhTTVhSi1xbUlMZkZoQVh6eWJxelpRMm94bGs4X0lPb01OWkVMT1UzcGRRdWhNOGdQQk8xeDA0azN6T294TUVVV0R4aEQwUUx5RVJsdFpkSm1hOVktWm9yOUJaZXlUZHNibFRMZ05TUnBFSG1ac2lCWF9JNmtiYjNCZkg0d1hRSTkyeklldXI5NjVBV25BMi1OaDItU3c?oc=5) · Bitcoin News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=59378 (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/50.json (key "59378", 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