# NATIONAL BANK OF MIDDLEBURY
MIDDLEBURY, VT · FDIC certificate 6275 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (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 | $553.5M | |
| Deposits | $500.2M | |
| Loans and leases | $349.4M | |
| Total equity | $45.4M | |
| Loans / deposits | 69.60% (p25 of band) | 82.04% |
| Liquid assets / assets | 29.80% (p64 of band) | |
| Uninsured deposits / deposits | 11.15% (p6 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.41% (p29 of band) | |
| FHLB advances / assets | 0.41% | |
| Tier 1 leverage | 9.86% (p30 of band) | 10.81% |
| Unrealized securities loss / equity | -28.90% (p13 of band) | -8.10% |
| AOCI / equity | -1.52% (p13 of band) | |
| ROA (annualized) | 1.01% (p32 of band) | 1.28% |
| Net interest margin | 3.64% (p35 of band) | 3.91% |
| Efficiency ratio | 72.33% (p78 of band) | |
| Noncurrent loans | 0.15% (p29 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p49 of band) | |
| Reserve coverage of noncurrent | 251.70% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 21.26% (p27 of band) | |
| Auto loans | $3.4M (0.97% of loans; DQ 2.70%, NCO 0.01%) | |
| Loans to nondepository financials | $2.0M (4% of equity) (p93 of band) | |
| Deposits YoY | -1.2% | |
| Employees | 85 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | reserve under noncurrent |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | charge-offs p90 |  |
| 2014-06 | 1 |  | charge-offs p90 |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | uninsured deposits leaving |  |
| 2016-06 | 1 |  | uninsured deposits leaving |
| 2016-09 | 0 |  | reserve under noncurrent |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | uninsured deposits leaving |  |
| 2018-12 | 0 |  | uninsured deposits leaving |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 | expense ratio p90 |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | reserve under noncurrent, uninsured deposits leaving | AOCI drag >20% of equity, expense ratio p90 |
| 2023-06 | 4 | expense ratio p90 |  |
| 2023-09 | 4 | capital falling | reserve under noncurrent |
| 2023-12 | 3 |  | capital falling |
| 2024-03 | 3 | reserve under noncurrent | expense ratio p90 |
| 2024-06 | 2 |  | reserve under noncurrent |
| 2024-09 | 1 |  | uninsured deposits leaving |
| 2024-12 | 2 | uninsured deposits leaving |  |
| 2025-03 | 1 |  | uninsured deposits leaving |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | securities losses >30% of equity |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2026-06-05 [Six Vermont Banks Stung by $500k Fraud Scheme - Compass Vermont](https://news.google.com/rss/articles/CBMiekFVX3lxTE55UlgzaHViY0lOaEppaVE1Q3ZtZXc0OUZCNlpFczRRY0cwLXJidm5rYVFEc0JUNjVqekNiWGRZTGg5NjdDUllwWlJ2MUpSYW15a3lWemxsbVlzTm96cWUtRXFuRGJpZ3pMWG9NU2o5dFM3RkVPbWpfSGNB?oc=5) · Compass Vermont
- 2015-02-19 [National Bank of Middlebury celebrates 11th president, Caroline Carpenter - Vermont Business Magazine](https://news.google.com/rss/articles/CBMitAFBVV95cUxOcHVCSGJaM0Z4YjlidG1hSUl3UGRpeHcwRVVWajFiVlpYVlpudXNYRkcxWHZpbXdNcGk4czBvNG9BWkZXalFfUHhMYXgyZTl2X0ZLUnF1SG1lTWh2S3F0XzNmSlRsUWw2SHVkb2FDLWdWY19mWDdoRFBjV0lycWVRa1ZUSzRFWFhXZU0zRksxTE5KME5PUWlldlc1TlJNT1BNd3Byajd3Mkd3QktNYnpReDJCVm0?oc=5) · Vermont Business Magazine
- 2018-04-22 [Stacey Brown joins National Bank of Middlebury as CFO - Vermont Business Magazine](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNdXdfODZjYXZRWVowOHNac0FfeDNpN3NEZlNVUHlEWkZtelBDX1UwdW9UbGozS1dEWFlxcWVzSXZDRWFPWVZqbEY5RGpGc1Q5Q3NrVVEwR21raktqbXctQmluZ1NGZ3BydWZMVkJ3ZzBuRU5OX3NhZ2RDWlp5VnBWQWhqbWkzaDhvQ1pB?oc=5) · Vermont Business Magazine
- 2020-10-22 [Stacey Stone appointed to National Bank of Middlebury board of directors - Vermont Business Magazine](https://news.google.com/rss/articles/CBMiowFBVV95cUxNQVhlQ2MzWU9VNnRrY3JFVm0xb0RIZWNfX0ZfNlFBWkNUa3ZmN1ZIX3ZJMDhZX01TUmlicmxyekZRX1gwN1JxR09kdUxod0lFcVg5SmxFdlhnWVhWMEt4MjhPZzZ0Tk9BeEM0RVZBTmhrcnRnb1NWQUh0OUlpaHI1dWdrTzgzV1Y3UWlCeDkwTGRtR3YzZmJVMHF0N1E3aW9Ca21R?oc=5) · Vermont Business Magazine
- 2018-05-24 [Robert Duclos Obituary (2018) - Middlebury, VT - The Burlington Free Press - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPMTlOSm45TFVpQmZTYmMwRWwtVk1OLW9XdG1KTFk1Qk1KajBPbW5sNnZwT1BhQllXU1Y3bEl4anJOX2FxdkpiWGluZ2EtUXVOSWxzMzQxMjRMNmx2aGt2aFVDUmNQUjBoXzhLX24yN2xhaXZaU3VKUU5JRmVvczNqenc5MTBhMlNOZDR1eFAwd1E2QlVXNXNKTC1MZnE?oc=5) · legacy.com
- 2018-04-23 [Leadership transition at National Bank of Middlebury - Vermont Business Magazine](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNWl9EMjNZRDQwdVU4RnVkYWRRaW8xX2FfQWlxMnFBNVdpVEpNdmx4OURoNzRKMk9XQThiNEd4Y3RNb1czNHpxMU53Q2VHbEliTUNjTERTUHZ2T2V3ZVFqWk1zZWMxanhRTTl4T2laM18xNlNvS0tLM2xObTh0VjdBMlRvR1dUamUx?oc=5) · Vermont Business Magazine
- 2018-04-25 [National Bank of Middlebury welcomes local jurist as new horizons club program coordinator - Vermont Business Magazine](https://news.google.com/rss/articles/CBMisgFBVV95cUxOVDFfMU10Um9YVHQ2UzB6TjB3NjNpaWkycDRSVlJCc1A4NEhmZGNjQmxIaVNaV2RpamZaX1ItU0dGbHU3bFpvT25hZmc3Y3E0ZWxHeVFURmNfRnZVQVZkRTdSTERTRDlNWjdxazhuZHNuMTlVNGlyaUFjSlBGeGw4V3Z2dzlTUm12T0ZhQ1NNckRHYmh6U3VkOHhPWFVaQ0k4NlZoNnkybmVpWS1iSm90c3h3?oc=5) · Vermont Business Magazine
- 2025-02-06 [Stonecrop Meadows housing project breaks ground in Middlebury - Vermont Business Magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxOSjFPbjBVREhxOG5kYTF5V1d2b1ZDY2kxdEFFUlV6WVpNYmE3N2VVWmRWZlRnYzNIckxxaXRrTlJ1cnZUUjdGeEpaV0NXTUg0V1R6a0xPbV9jZVk1RG43RlprU2Jja3VELU5PcXp2ZGtTWkxHQ0puN2lySVRmQjNiMFZidnN6eUN4cm5IbHlVbmt1aXFBdks3bC1RMnU4aHN1Q0p2MVVB?oc=5) · Vermont Business Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6275 (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/3.json (key "6275", 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