# FIRSTBANK ALMA
ALMA, MI · FDIC certificate 9108 · asset band $300M-1B · latest filing 2012-12 · stopped filing (departed)

**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 | $367.9M | |
| Deposits | $310.4M | |
| Loans and leases | $197.4M | |
| Total equity | $33.0M | |
| Loans / deposits | 61.98% (p22 of band) | 75.31% |
| Liquid assets / assets | 44.41% (p82 of band) | |
| Uninsured deposits / deposits | 13.12% (p50 of band) | 13.08% |
| Brokered deposits | 2.43% | |
| Wholesale funding | 8.90% (p66 of band) | |
| FHLB advances / assets | 0.48% | |
| Tier 1 leverage | 8.15% (p15 of band) | 9.68% |
| Unrealized securities loss / equity | 7.32% (p75 of band) | 3.60% |
| AOCI / equity | 1.08% (p79 of band) | |
| ROA (annualized) | 0.84% (p50 of band) | 0.84% |
| Net interest margin | 3.51% (p40 of band) | 3.66% |
| Efficiency ratio | 58.56% (p22 of band) | |
| Noncurrent loans | 0.56% (p20 of band) | 1.63% |
| Net charge-offs (annualized) | 0.56% (p77 of band) | |
| Reserve coverage of noncurrent | 457.08% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 30.98% (p50 of band) | |
| Auto loans | $8.4M (4.27% of loans; DQ 0.44%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.6% | |
| Employees | 83 | |

## 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 | 1 | reserve under noncurrent |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9108 (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/20.json (key "9108", 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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