# MARBLEHEAD BANK
MARBLEHEAD, MA · FDIC certificate 90234 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $262.5M | |
| Deposits | $229.4M | |
| Loans and leases | $212.7M | |
| Total equity | $26.4M | |
| Loans / deposits | 92.17% (p83 of band) | 73.59% |
| Liquid assets / assets | 14.11% (p10 of band) | |
| Uninsured deposits / deposits | 19.41% (p48 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.11% (p26 of band) | 11.76% |
| Unrealized securities loss / equity | -0.26% (p86 of band) | -6.57% |
| AOCI / equity | -1.55% (p17 of band) | |
| ROA (annualized) | 0.44% (p16 of band) | 1.17% |
| Net interest margin | 3.99% (p53 of band) | 3.93% |
| Efficiency ratio | 86.28% (p86 of band) | |
| Noncurrent loans | 0.30% (p47 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p53 of band) | |
| Reserve coverage of noncurrent | 201.90% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 16.98% (p49 of band) | |
| Auto loans | $378,000 (0.18% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.7% | |
| Employees | 47 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | losing money |  |
| 2011-12 | 1 |  | losing money |
| 2012-03 | 5 | capital falling, losing money, expense ratio p90, uninsured deposits leaving |  |
| 2012-06 | 1 |  | reserve under noncurrent, capital falling, expense ratio p90, uninsured deposits leaving |
| 2012-09 | 2 | reserve under noncurrent |  |
| 2012-12 | 2 | capital falling | losing money |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | assets shrinking |  |
| 2014-06 | 2 | liquid assets <10% | assets shrinking |
| 2014-09 | 1 |  | liquid assets <10% |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | expense ratio p90 |  |
| 2016-03 | 2 | capital falling | reserve under noncurrent |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | capital falling |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | capital falling, uninsured deposits leaving |  |
| 2017-06 | 2 |  | uninsured deposits leaving |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | losing money |  |
| 2018-03 | 1 |  | capital falling, losing money |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | expense ratio p90 |
| 2019-06 | 3 | loans exceed deposits, capital falling, uninsured deposits leaving |  |
| 2019-09 | 1 | liquid assets <10% | loans exceed deposits, capital falling, uninsured deposits leaving |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 | reserve under noncurrent | liquid assets <10% |
| 2020-06 | 1 | capital falling | reserve under noncurrent |
| 2020-09 | 2 | expense ratio p90 |  |
| 2020-12 | 1 |  | expense ratio p90 |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | expense ratio p90 |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | capital falling |
| 2022-03 | 3 | losing money, NIM <2.5% |  |
| 2022-06 | 1 |  | losing money, NIM <2.5% |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | expense ratio p90 |
| 2023-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | uninsured deposits leaving |
| 2024-03 | 2 |  |  |
| 2024-06 | 0 |  | deposits shrinking, assets shrinking |
| 2024-09 | 1 | capital falling |  |
| 2024-12 | 0 |  | capital falling |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2021-02-26 [Marblehead Bank Names Mark Llewellyn New CEO - The Business Journals](https://news.google.com/rss/articles/CBMiggFBVV95cUxOcVpybHJkLXJtSW5keFcwUXBVTTFRWG5maU1lQnFvOUkyNFp5RUJacnFWNV9yc0tIRjljSEpVS0ZkNEZJXzV5WWNyYVRzSVEydzV0MVdsMjR0alBDUXJSZUd3R2RJbWIzcVJzdkw2eXB0VUJsUGZKNjZrbjllZDJXektR?oc=5) · The Business Journals
- 2021-02-17 [New CEO for Marblehead Bank As Livingston Remains President - Banker & Tradesman](https://news.google.com/rss/articles/CBMilgFBVV95cUxOY180X1dJN2U2S0NBTEhLalNrNkhTZzhLd2QzeDhYcjZNd2N6UTlrT3I1aEZScTQtc0tIMzFoRGZfbGdkd3RlSnhkaFhfMi1oamJURnAyN1hxSEVyNHRQbUJIQUpGdlVaaEppbFY2N3I3X1N1MndPbjlWWVBkZ2JPbFBDcHpmVTNLTHk5MFdUNlNwRnpuTnc?oc=5) · Banker &amp; Tradesman
- 2026-01-06 [Labor law violations cost Marblehead employers nearly $44,000 in state fines - Marblehead Current](https://news.google.com/rss/articles/CBMitwFBVV95cUxPN1BNZ0NBS2N1TzdIOTZDSy1rdWNpWVlGSEZFTElMbVV4ODBaM1VsV2hvek1XVWI0ZWxCZktSWC1sMjhQVlNoZmppWVRsV0hpMHBkZlZvOVRHdzhvWWJZa3lXeVBJRWVzLXdYT3JDSzNPWFZ5clBHVjdfUldKX1Zsdm8ybllVb3Vhd3o5YlpYem1RWkJTQ2czeEdxcjFzaFcwR2FtOV8xTjFUbllTUzFYRUdlMU5TMVU?oc=5) · Marblehead Current
- 2023-09-12 [Follow the Money: Town Still Forfeiting Interest on Tens of Millions of Dollars - marbleheadbeacon.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxNTUlzZWl3LXBGV185TVRqMzk0WUdERDAzTUZaVkdmNnZ4WW4tNlp5QVZqcHJnZXFtZDZodndOSmc1LUtrRnI5aUg4WWhSSjY3cHQzblQtLWtpbjBQeUlqZXFmMllKd1Fmbm9CbDhNeEJNTnZoZHRWVFBKdzEzTzJhaEo3RVlTT3dqaFNuMkpJZmpCQ1ZBeFZ1TENn?oc=5) · marbleheadbeacon.com
- 2020-12-02 [Radius Bank Announces Changes to Executive Leadership Team - Business Wire](https://news.google.com/rss/articles/CBMitgFBVV95cUxPa1Q3NmxGekttNzNWYzR5S25OTEd5Vkp1bkFIR3VxSVQ4V0NnUjlPOXVPaGNWSVU0cEkydUJHN3l0c0NxenlhZzFieUE4aFNVNS1pQk9IcFJMY1FSQkRoa25iZFowLUxEZUVDVF9JSUtrLXBXZXZWNm1BblAyU21GZDJkYUZaRDViZHpwaDY3S214Ui05S2tTTGMwY2tZWlJEZUwwM2VGXzZPS2RsNms1T2lONFdWZw?oc=5) · Business Wire
- 2019-03-25 [Dr. George MacDonald Obituary - Marblehead, MA - Dignity Memorial](https://news.google.com/rss/articles/CBMijAFBVV95cUxQdFZnWHhTV010UHNqX2dsWVBvX2pVMnNVcnE2WFBBT2NDX1lPU0hPV25oWktlMW5zNVdhREZpaDdhdzJBZkJaM0NvTUkwMXF0Qm1EeVM1cTVzS1UtTkI1d0JsMUFFVVZzMGtPTDdOWGVuMThwNUhfeVp3QWQtMWMwUkJsYzF6enJTV2R4Vg?oc=5) · Dignity Memorial
- 2025-03-26 [2025 ELECTION: Flanagan brings banking, service to town clerk contest - Marblehead Current](https://news.google.com/rss/articles/CBMirgFBVV95cUxPRjlvRDd1emJpU296N2ZuUzhzRVRQZEplU1NrRVRmbmJEM0E1UjZfWl9WUzFmVEVHWER2VERnM2hIeFhsdGZmaTYtQURmMmxpem4yTUg1czNlTzladEhTQjgtRW5PTGJDa0kxWERJNlNLb1pnSEhxRng0cDJmMm8xWlA3WGZDZHA4alVIazBUMGd4OHpnMGxlNV84TXY3ZUI4MnEtU05tcFVmajNFcnc?oc=5) · Marblehead Current
- 2011-06-29 [Marblehead Open Golf Tournament Winners - Patch](https://news.google.com/rss/articles/CBMiigFBVV95cUxOT21lSXZEbWk3OG9rMWZQOVVDRUV6QXp6S2dvMGtpbF9uZjAxZjVoaG1haHZXbVZKUTVQOUxJcmhZZ3I1YXlFeVdFVm15MTFaRzhtTmNnNTdKYjMtT1ltVFFNbndsRm5yTlB0VnM0UGMteEp2TEpZeUtrc1lpU3hwcV85dkU4TFFRTUE?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=90234 (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/58.json (key "90234", 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