# ENVISION BANK
RANDOLPH, MA · FDIC certificate 90270 · asset band $300M-1B · latest filing 2022-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $831.7M | |
| Deposits | $625.3M | |
| Loans and leases | $725.2M | |
| Total equity | $83.9M | |
| Loans / deposits | 114.86% (p99 of band) | 72.27% |
| Liquid assets / assets | 7.86% (p2 of band) | |
| Uninsured deposits / deposits | 22.30% (p29 of band) | 27.64% |
| Brokered deposits | 6.82% | |
| Wholesale funding | 20.61% (p96 of band) | |
| FHLB advances / assets | 13.79% | |
| Tier 1 leverage | 10.99% (p69 of band) | 9.98% |
| Unrealized securities loss / equity | -5.76% (p86 of band) | -28.34% |
| AOCI / equity | -4.65% (p81 of band) | |
| ROA (annualized) | 0.09% (p3 of band) | 1.08% |
| Net interest margin | 3.19% (p40 of band) | 3.33% |
| Efficiency ratio | 97.73% (p98 of band) | |
| Noncurrent loans | 0.28% (p54 of band) | 0.24% |
| Net charge-offs (annualized) | 0.00% (p62 of band) | |
| Reserve coverage of noncurrent | 335.53% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 45.22% (p43 of band) | |
| Auto loans | $146,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $10.8M (13% of equity) (p97 of band) | |
| Deposits YoY | 8.5% | |
| Employees | 151 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | capital falling |  |
| 2012-06 | 3 | uninsured deposits leaving | capital falling |
| 2012-09 | 2 |  | expense ratio p90 |
| 2012-12 | 3 | expense ratio p90 |  |
| 2013-03 | 2 |  | uninsured deposits leaving |
| 2013-06 | 3 | losing money |  |
| 2013-09 | 4 | capital falling |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 4 | deposits shrinking, assets shrinking | losing money, capital falling |
| 2014-06 | 3 |  | reserve under noncurrent |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 | losing money | assets shrinking |
| 2015-03 | 3 | capital falling | deposits shrinking |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 2 |  | capital falling |
| 2016-03 | 1 |  | losing money |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | loans exceed deposits |  |
| 2017-03 | 2 | losing money | loans exceed deposits |
| 2017-06 | 4 | loans exceed deposits, uninsured deposits leaving |  |
| 2017-09 | 4 | capital falling | uninsured deposits leaving |
| 2017-12 | 5 | wholesale funding >15% |  |
| 2018-03 | 5 |  |  |
| 2018-06 | 5 |  |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 6 | liquid assets <10% |  |
| 2019-03 | 5 |  | capital falling |
| 2019-06 | 4 |  | losing money |
| 2019-09 | 5 | brokered >10% |  |
| 2019-12 | 4 |  | liquid assets <10% |
| 2020-03 | 5 | losing money |  |
| 2020-06 | 2 |  | expense ratio p90, brokered >10%, losing money |
| 2020-09 | 3 | reserve under noncurrent |  |
| 2020-12 | 4 | liquid assets <10% |  |
| 2021-03 | 2 |  | wholesale funding >15%, liquid assets <10% |
| 2021-06 | 2 | wholesale funding >15% | reserve under noncurrent |
| 2021-09 | 3 | liquid assets <10% |  |
| 2021-12 | 0 |  | loans exceed deposits, wholesale funding >15%, liquid assets <10% |
| 2022-03 | 3 | capital falling, losing money, expense ratio p90 |  |
| 2022-06 | 3 | loans exceed deposits, liquid assets <10% | capital falling, losing money |
| 2022-09 | 4 | wholesale funding >15% |  |

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

- 2022-08-08 [Envision Bank lays off dozens amid merger with Abington Bank - The Business Journals](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOdHpyWlA2U0s3dlVNTzlNWHgxajQ2QnRnNUhhVXk5Nnd2S0ZMSXhfMHF0bVI5ZVdzWjVYMVNZYUVrUU9iWnhvVk1BM0lhYjlfMUduS1lJZERiVXpHcUVVbkRFMFNVcV96MkZOeXBtdjN0Z2dvSWk2STd2aDc2UkllelV5WTF5RlRCV0pj?oc=5) · The Business Journals
- 2022-06-24 [bankESB parent buying Envision Bank in Randolph for $146.5M - masslive.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNZHR4MFlBQnFFWlVoeFlWenpSQ00tN2txbVI0QnFyVFctUTRPaW9qV2M1aE1zNmFHZDVBa2c2Tk1jNnhNRHUwZUx5eGMwMnZkejdZdTdQVXd2SVVuS2lZWUpiUC1pbndJclhlRERoU2hrQzVTZ0pUZDFNejRSUnNOdktPTmQzWjU5eHZyczBERzdTVWRNS1VSRlRlS3g0bTlKSUHSAbYBQVVfeXFMTTVONy02UUNFZnQ4a0JiNldQeEpEbHVlN0VoMnk1cTRsaFM5dUhuNWY2TVFqTm1XQm4xZWlCeW92a1puZGYxX2xjbmFIV0hUWW1WbnVlSFc2eU0tcktqQl85Wkw3b0hHdDVINk83YTl5U0xqbTJxdDFjc3o0QjVkMm5MQjNwdlNXRWZtd2UwM09XNW1kQjF6dXhpUzhzVTFuWGxoU3FIc3dTcVIxMlVfSjk4LVYxSHc?oc=5) · masslive.com
- 2020-11-11 [Randolph: Envision Bank and Father Bill’s and MainSpring Celebrate New Veterans Home - WATD 95.9 FM](https://news.google.com/rss/articles/CBMitwFBVV95cUxQc1c2alNIbjhDaUF5c282Q2NJaXZYcHJmWXBsVDFwb3VISEY4eW1HUzJNUGQzZk5sa051R3BpeW5hOWpsSUJXNzNHQ3VyMkRXcXE0TW5hOTV1QWptbjYwSXlMRmJMOHRvMmxTUFphNXJrMEp4WGZuT1FHVEphOU1sTExWdzBkNG1vSHdBbWtIY1l5WmtzRGYwVjJaZG9vLTBmbTJ3aTYyWTl4OEk3ZkJ0Q3lQTTFCZDg?oc=5) · WATD 95.9 FM
- 2019-03-25 [Envision Bank & Mortgage Expands Footprint, Opens Four Massachusetts Mortgage Offices - GlobeNewswire](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQeDQ4UWUycXIwSHFGb3BpNXZYUTVCbTlOQ3I3NjZhSkFKeDNTOE5TMERnNmJSVE5OUDJJLVRCUlVIcGNDLWkwcGVCOWpqSlZDQTRObGttRHNQcmN2N2JrVk1NQlhIcHUxT1R0NUsyS2NYbVdtQlJGZlY2NGtjNEszVk1IR0VyTURjdU9ZcXQtYzJ3aE1lWURwb2xDcW9NeUtSY0FuNUd5ZW5mS0t0V0JJUTJyb01OQkdsdDU2alRrNlpXREx3N2hZZGtXWU9hV3ZZSnhEMlpGaThtQWh4LUlBVGlaMVNOcmJtVmc?oc=5) · GlobeNewswire
- 2019-05-09 [Envision Bank promotes executive to new role - The Patriot Ledger](https://news.google.com/rss/articles/CBMipgFBVV95cUxQZmd4QTlNWVo4QXAwdVRuOXZXVXR5SF9MUGhtUG1XLWdvcU81QVpnYU0wUUFmMktvcU1TNVVta21sQjJnakhCM1ZQRWxCRzBCVFFWdFA0OTd1VzJJRXlxY0o4di1FbC00aU82U1dxZGM2SUJHZ284cVFxRkp2cGpzZnhmN2RWbEVKOUQ0Mm1OVVlERFZDa2xhNGU5clU1dWN1QS01dUNR?oc=5) · The Patriot Ledger
- 2020-01-29 [Blue Hills’ ex-CEO, CFO to take over at Envision Bank - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPdzVNdy1hVHdCdGNjSU9aSDJ3dlQzV1YxcC1FanpkQUp1eTYzazZJaVFIczlZTzktWERqUnY3Zmc3NndxbjlfSmx3cEdWODEwRUpDWGxJR3FtVGVteHNuc3R1U2V1VVdvU2lOdWZ5QTN5QkgtVnBydW95SWcyTWV2cHVwLVkxSDNxa21oT3p1X0ZsNmNIdTNfYXROZXhtbEZoRXk4Zw?oc=5) · The Business Journals
- 2018-02-12 [Randolph Savings Bank to Become Envision Bank - GlobeNewswire](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQRmJEbllHU0EyYnM1OXB2OHlSTi1pVmhtYkMzbkZqcV92T0Z5ME9vZmlXUGF5MHRoUDZ5MWgtVjFoX1BTOVhpNU83VXlqXy00ZFViLXFUY0xiblpxTUFmQ3JVMmV3MFNoVXlzci1wV0hQTmFkWFBhUk04M2pRTjIzekpkck9pR2RaLW9va1g2NlB5WkVzWE1UWVFJYzZDR0JjQ2p2RlU0MHNqbVlWcUlHaG1idkcxQ1Ro?oc=5) · GlobeNewswire
- 2022-11-26 [JAMES MCDONOUGH Obituary (2022) - Wellesley, MA - Boston Globe - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOcGZ5WExQRW9fS2ZIRktLV1A0clIxSGxQWmo2emxxVmdJWlBSV2dkRUJ4SHVtd2dWMG11OEI1TjNXQTlaUzJNZzV0N3lJYzI4djdqZUllT0VJaDNkQVZ0dkVBSEpwZ0h4RWJrRUU1OEVvNkhneUp6ckJTRllBb3RERU5haDFxWHVsQ0xpek1nZm5HM1JG?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=90270 (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/30.json (key "90270", 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