# BANK OF MORTON
MORTON, MS · FDIC certificate 8556 · asset band <$300M · latest filing 2023-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 2 (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 | $77.0M | |
| Deposits | $66.4M | |
| Loans and leases | $44.4M | |
| Total equity | $7.9M | |
| Loans / deposits | 66.44% (p45 of band) | 69.44% |
| Liquid assets / assets | 36.47% (p53 of band) | |
| Uninsured deposits / deposits | 20.39% (p54 of band) | 19.29% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.95% (p73 of band) | 11.39% |
| Unrealized securities loss / equity | -37.03% (p39 of band) | -25.32% |
| AOCI / equity | -7.85% (p18 of band) | |
| ROA (annualized) | 1.54% (p77 of band) | 0.97% |
| Net interest margin | 4.66% (p87 of band) | 3.55% |
| Efficiency ratio | 68.17% (p49 of band) | |
| Noncurrent loans | 0.97% (p78 of band) | 0.22% |
| Net charge-offs (annualized) | 0.01% (p69 of band) | |
| Reserve coverage of noncurrent | 68.30% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $1.5M (3.48% of loans; DQ 0.97%, NCO -0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -3.5% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2024-01-10 [Bank of Morton is now Bank of Commerce - Scott County Times](https://news.google.com/rss/articles/CBMilAFBVV95cUxPU2d3akF6ak1jYUx0bEZIYkJ5d2lnUDFWc1I5S1Z3dVlmcXNHdVEtczRFZUsxMGc3SGFOTDAxMlhPNFAzV1ZDMGdXLV9lYlVaR2t0TEpJMG9lTEhIX2tLenlCOGJmTElfR1pTa2ZkVHBpT2liQ1lNUnFkQkh2TjdURFVQaW4teEZFblNmN0p6eExmMW5s?oc=5) · Scott County Times
- 2018-09-09 [Tommy Smith Obituary Sep 9, 2018 - Ott & Lee Funeral Homes](https://news.google.com/rss/articles/CBMiXEFVX3lxTFAxZ2ZmbnRRYTdCRXl0VXBYQlNsS0RsVDJWdHkyV3VyVTJjQVdqNjZFdUR3TGRYaE9xYUlSZUU4bmJrcGdfYl9aODkxYWtXZHRaMlhNXzY3ZGYxX2tR?oc=5) · Ott &amp; Lee Funeral Homes
- 2023-10-01 [Jeanie Easterling Obituary (2023) - Morton, MS - Wolf Funeral Services - Morton - legacy.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxQWkwya2pWcWRUaGh0X1M1VUpqRnJMekFtSFRGTjAwSmVFZ2hnMHpXeGRCTFd4UlVoUEQwOUVJWEZjYmtRYWxfNVdMVzdIcXBzMy1oWUdVNWdqTi1uV1VzcUd6SUFvZ1AyZldTX2o5YVA0OWhTQVpNVUZaUzNOZWhxcm9sVktqekE?oc=5) · legacy.com
- 2020-01-14 [Sue Tatum Obituary Jan 14, 2020 - Ott & Lee Funeral Homes](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBCY09RNDh6T2ZOM1hqbG1ESGxSSERRZmw1NnVaTUJ0SDVua1BVeEFlMVdmeFZRSjd6c01kNnRUclptMUFrODRCbGtaNWtoeVl1M1VmWWtGT1dDZw?oc=5) · Ott &amp; Lee Funeral Homes
- 2021-11-30 [Otis Davis Obituary Nov 30, 2021 - Ott & Lee Funeral Homes](https://news.google.com/rss/articles/CBMiW0FVX3lxTFBOSFFIbV9tNy1qSjVXTUd1OVlWU29KdlZXcWwyUGNleW81bG1Zd2RoYXJjUjJOalFyd0V1QW40bmNib0xXXzJxdVhnMndzY2J6MjZUVi1VV1M4eGs?oc=5) · Ott &amp; Lee Funeral Homes
- 2025-11-07 [Ms Patricia Sessums Obituary (2025) - Carthage, MS - Wilcox Funeral Home - Carthage - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQenEzYm9vS0NJMGFBSWtxcU1KcGs2ZVh0XzgtUVV1WFFXeXdKanBCckZGc2NxR2MzMmJnbk1FTFVfMXl0SVk2dC13Si0xYWxPUklUYTduZDROT1VTT1RlOXdqdjBHMjQ1U2VOZzNjOGNIU2NXZjdzeldQcmhtLUxkQ0Y2dk5vUQ?oc=5) · legacy.com
- 2020-10-21 [Charles Latham Obituary Oct 21, 2020 - Ott & Lee Funeral Homes](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9tYlpFSXBodWJRWDE1RFREOEJwYTQ5UktCZ2NBOU5lNlFnQklZQjRZdkNLVjRqc2JlUVdoQ3NGY1QwaTgzVXh3NXZaY0RleW0wWThnVEw3NkI0SE5JVkhVaw?oc=5) · Ott &amp; Lee Funeral Homes
- 2012-06-07 [Coach Carl E. Harris Sr. Obituary Jun 7, 2012 - Ott & Lee Funeral Homes](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBSVjJrUDQ0WnVkeEU0RmptSklYSTN0MmJvX2doNFdNYWIxR0lEaHpEb1d5a0lWTk9BV0NwOW85SXJrMUxkeEZwLWJNT2toSDFKWjZMVVMwbzVrOTVqMHdCT2VZY2hDWnM?oc=5) · Ott &amp; Lee Funeral Homes

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8556 (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/44.json (key "8556", 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