# GRANITE BANK
COLEBROOK, NH · FDIC certificate 6212 · asset band <$300M · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $240.1M | |
| Deposits | $209.0M | |
| Loans and leases | $200.3M | |
| Total equity | $26.4M | |
| Loans / deposits | 94.87% (p85 of band) | 75.02% |
| Liquid assets / assets | 12.11% (p9 of band) | |
| Uninsured deposits / deposits | 10.33% (p28 of band) | 15.14% |
| Brokered deposits | 8.99% | |
| Wholesale funding | 10.14% (p84 of band) | |
| FHLB advances / assets | 0.83% | |
| Tier 1 leverage | 10.72% (p45 of band) | 11.04% |
| Unrealized securities loss / equity | -2.80% (p43 of band) | -2.21% |
| AOCI / equity | -1.19% (p48 of band) | |
| ROA (annualized) | 0.47% (p19 of band) | 0.95% |
| Net interest margin | 3.61% (p42 of band) | 3.73% |
| Efficiency ratio | 82.40% (p78 of band) | |
| Noncurrent loans | 0.84% (p59 of band) | 0.60% |
| Net charge-offs (annualized) | 0.03% (p73 of band) | |
| Reserve coverage of noncurrent | 117.43% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 30.86% (p65 of band) | |
| Auto loans | $77,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -8.4% | |
| Employees | 58 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | reserve under noncurrent |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 1 | capital falling | reserve under noncurrent |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 1 | reserve under noncurrent |  |
| 2013-09 | 2 | capital falling |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 1 | uninsured deposits leaving |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | uninsured deposits leaving |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | capital falling, reserve under noncurrent |  |
| 2016-09 | 2 | brokered >10% | reserve under noncurrent |
| 2016-12 | 2 |  |  |
| 2017-03 | 0 |  | capital falling, brokered >10% |
| 2017-06 | 3 | loans exceed deposits, wholesale funding >15%, liquid assets <10% |  |
| 2017-09 | 1 | brokered >10% | loans exceed deposits, wholesale funding >15%, liquid assets <10% |
| 2017-12 | 0 |  | brokered >10% |
| 2018-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2017-10-24 [Bangor Savings Bank and Granite Bank of Colebrook, New Hampshire announce merger - newscentermaine.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQU21fam5aMTlMeXQ1aFhvTHVVRGdvMXV6S3k1T1RMcTZMcURucEplMWxxdUZGT2ZTN0tvcWlQRm9LbWlwMGV2NXpJbkNtQkplbUFFUEhVOVhVeXNQRFQ2TXA4ZmF0T0ZiVFBzSVQ4U2dHN2dXcmJzeE5nVy1sZUVxSkw1WTZTeEJ0MHpjaEt6eGpzd3NGYVl3LXI0RVA0dzFOS3k2ZkUyR1JrN3Zncmg5U3JKamUxWlA0MWYzQ2xRMHExc1lCSG5PQjEzSE9uWjUxbGppRXREMVZtQkE?oc=5) · newscentermaine.com
- 2018-04-09 [Bangor Savings Bank completes merger with Granite Bank - mainebiz.biz](https://news.google.com/rss/articles/CBMijAFBVV95cUxPNGxKZ3FGVW9VaFBlazlRV3J4UWtuLWFsMlpxc2tsQVFtYzV5VVJNYW1JaldwUGZ0bmhVT18zc0VXQVg5OFA4SGNKUk1TbWdkSXE0Rk40SG5sQTFkRWlyQW9fTUZnZ1RJY0x6cG5LbGYyYVFkcE5HMnFSckNkc2JCZEJ5ejE4eVJ0VnQ5dw?oc=5) · mainebiz.biz
- 2017-10-24 [Bangor Savings to acquire Granite Bank of New Hampshire - Centralmaine.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxObnR6TmthRjBmanY1eW9NV0hlR2FvTG5adXlURXlxZ1VDVGFINVpLd3IxUy1maGMwbVctT0JwOG9LVmNPUEhKZHdfRXh2ZlNMRmNNOW9lNlV2SVBuTHd5N1c5akowSXhKcUJkWVFtSjdpUXNBM255TnAxcVhqUmMtZHhmZk5FblQtOElSeDJvRVFuZ21GSlFPNXhPSG0?oc=5) · Centralmaine.com
- 2017-11-13 [Bangor Savings Bank prepares for NH expansion - Foster's Daily Democrat](https://news.google.com/rss/articles/CBMirAFBVV95cUxORFhVd2daVm1YSjdteVNwcVBkbFgzS3A5MXphZXJWRXA4X1IwVHprRkNPRlN5VXViak04dUN1MlZkZm15STFkMk9MNE5ENk02ckYxbGNCWGZacnlwRWozenBfOS0wbWdjdHpieEM4dzRFS2E2Zk9TZnhYNldhWEYyZk1BRHZUUXBuTk5TbmtrTTctMlpWQmpxUEZ1UE5nQms4NUNHU0o3QXhUQ1Zi?oc=5) · Foster's Daily Democrat
- 2025-06-02 [Business of the Year 2025 - Financial Services: Bangor Savings Bank - Business NH Magazine](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOQkdNbEV0NUs4ejNPaXlKMlA2SlZwdllUMkVfcHZxVlFOU0hWOEczdUN4LUVKb01fRWtUNUtnRXhGVlFNdHdXZWFzVlhlaWxnR3FabnJQUW5JV3otb2MzZ1JYazAtM2NVdUE1U3g5cm4zanBlNXlOUlFqSGpQcEtBX1VxWXlGNUM5VjA0T3ZsaWZ1OC1tc3kwWk1PTThRZzltSlZiXzhBNUtiTTA?oc=5) · Business NH Magazine
- 2018-02-01 [What’s happening to community banks? - nhbr.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBKMEp4NVJIQnZQTnFoVFdCQnhDb3dQbGI3Z1oxZWZPdk1obndJOVJVQ0RhUnFQQVNONXdNN0xCeWZ6SzZLdmRobGxkUUpxT1ByRVp2S3VZdTFjZklieEtpM3hyeHhXTG8?oc=5) · nhbr.com
- 2018-03-14 [Bangor Savings gets approval to buy New Hampshire bank - Portland Press Herald - Maine Sunday Telegram](https://news.google.com/rss/articles/CBMimgFBVV95cUxPSFl4U0JrczljSmo0enFmRVRjMGtLVjAzcGQ2QnFoUFRIR09DOHNYUkZTTUp4OG1KU2NtYkhDdmhTOEVkT3FjeC0tU1hoak56Vkl6WUxSTlBnX0lfWHdzNzZBV0Jua3ZrZWxlYTZvYi1ia1VoTVBXWTlXeFBOSlEyWmk5SEFrdzMwNF9RUDZBRFA3bS0tQXI4QXRB?oc=5) · Portland Press Herald - Maine Sunday Telegram
- 2005-04-05 [On the move - Centrix leader is banking on new location - Seacoastonline.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxNem1Wb3ZzMmZwMFd6WG9wTnNRMVRneXZFa1Z3bWNmUWRiSmg1SEc5Y01scVhFblEzZXFJU3ZKbUpaeFRaZHFnbEt2VzM2bmpySmlpOWlDTm80aW84UjIxVjFoT2xOREoyV2VlNk5Ca09PdU9ZbGVaMzhFT2M0RlJkVDA4WmZYS2tTbmxjUkdQS0dTQWNTR2I4NE1vcw?oc=5) · Seacoastonline.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6212 (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/4.json (key "6212", 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