# NORTHERN TRUST CO
CHICAGO, IL · FDIC certificate 913 · asset band >$100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $178.57B | |
| Deposits | $148.11B | |
| Loans and leases | $43.82B | |
| Total equity | $11.95B | |
| Loans / deposits | 29.48% (p9 of band) | 72.53% |
| Liquid assets / assets | 67.38% (p94 of band) | |
| Uninsured deposits / deposits | 29.48% (p25 of band) | 42.66% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.78% (p31 of band) | |
| FHLB advances / assets | 4.76% | |
| Tier 1 leverage | 6.84% (p12 of band) | 9.44% |
| Unrealized securities loss / equity | -13.21% (p41 of band) | -9.97% |
| AOCI / equity | 0.31% (p91 of band) | |
| ROA (annualized) | 1.47% (p84 of band) | 1.18% |
| Net interest margin | 1.67% (p16 of band) | 3.14% |
| Efficiency ratio | 70.32% (p94 of band) | |
| Noncurrent loans | 0.23% (p16 of band) | 0.85% |
| Net charge-offs (annualized) | 0.00% (p9 of band) | |
| Reserve coverage of noncurrent | 161.95% | |
| Real estate % of loans | 28% | |
| Construction % of loans | 5.97% (p50 of band) | |
| Auto loans | $2.7M (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $4.94B (41% of equity) (p38 of band) | |
| Deposits YoY | 6.3% | |
| Employees | 23363 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | NIM <2.5% |  |
| 2011-06 | 2 | leverage <7% |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 | reserve under noncurrent | capital falling |
| 2012-03 | 1 |  | leverage <7%, reserve under noncurrent |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | reserve under noncurrent |  |
| 2012-12 | 2 | uninsured deposits leaving | reserve under noncurrent |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 3 | capital falling, reserve under noncurrent |  |
| 2013-12 | 4 | leverage <7% |  |
| 2014-03 | 2 |  | capital falling, reserve under noncurrent |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | leverage <7% |
| 2016-12 | 2 | reserve under noncurrent |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 | capital falling | reserve under noncurrent |
| 2017-12 | 3 | reserve under noncurrent |  |
| 2018-03 | 4 | leverage <7% |  |
| 2018-06 | 2 |  | capital falling, leverage <7% |
| 2018-09 | 2 |  |  |
| 2018-12 | 3 | deposits shrinking |  |
| 2019-03 | 4 | assets shrinking |  |
| 2019-06 | 3 |  | deposits shrinking |
| 2019-09 | 4 | deposits shrinking |  |
| 2019-12 | 1 |  | reserve under noncurrent, assets shrinking, deposits shrinking |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | leverage <7% |  |
| 2021-06 | 2 |  | capital falling |
| 2021-09 | 3 | reserve under noncurrent |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 4 | capital falling |  |
| 2022-06 | 4 | deposits shrinking, assets shrinking | reserve under noncurrent, capital falling |
| 2022-09 | 5 | securities losses >30% of equity |  |
| 2022-12 | 6 | expense ratio p90, uninsured deposits leaving | securities losses >30% of equity |
| 2023-03 | 5 |  | leverage <7% |
| 2023-06 | 5 | wholesale funding >15% | assets shrinking |
| 2023-09 | 5 | assets shrinking | wholesale funding >15% |
| 2023-12 | 3 |  | uninsured deposits leaving, assets shrinking |
| 2024-03 | 1 |  | deposits shrinking, expense ratio p90 |
| 2024-06 | 2 | expense ratio p90 |  |
| 2024-09 | 1 |  | expense ratio p90 |
| 2024-12 | 4 | leverage <7%, capital falling, loans-to-lenders >50% equity |  |
| 2025-03 | 4 | expense ratio p90 | loans-to-lenders >50% equity |
| 2025-06 | 4 |  |  |
| 2025-09 | 3 |  | capital falling |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 | capital falling | expense ratio p90 |
| 2026-06 | 3 | expense ratio p90 | capital falling |

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

- 2014-08-12 [Northern Trust celebrates 125 years in Chicago - Crain's Chicago Business](https://news.google.com/rss/articles/CBMilAFBVV95cUxNT18tSy14NFZPS3FxX0dSRTNHM1VoQXJWNUc4Q3h3RmpINy1pVWFSeU1SNERRbEZBcGxyUnBOU25LSXJKWVVtdXI2OEU4aWdzOUVTZU1YVHhwbDlLZzJoRWhQWDBNcUo3X1NURENVUUVKZFFyS2xkcWpMdjVMRUczRG03NE53eVd6dDBnR3Z5Z2NFd2hs?oc=5) · Crain's Chicago Business
- 2026-01-30 [Northern Trust Sued for $35M Over Alleged Elder Theft Scheme - Law.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxNTDY0elNPR0VZcmZ2UUQtQkRqLWJKNW5WQjdFZGdUeElCWHdsaktTRHp0Qkkxc3BRVmFUUEVVYkJXX2l3cVhwUGp2ZFpBSll1ZWJ3X0NaU1NPRXRyXzhXTG16b080OGF2N2YwTERmNUZwMk1pejc0RmU2NWpBWFduODVkUW9YVU5wLUlxYlRxVmotMmpzb0RNaDBuTEhKSGoyUHRBSFdvN0UtVDEyYTRpQg?oc=5) · Law.com
- 2024-06-10 [Northern Trust to triple space in relocating Philadelphia office - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQdjRxOTZpbEdudkZvQUUtbVJxZnpZU3hzOWFZanl6UXp4Tzd5NTRHN3JMRFpEcDVDS3NCNVBrRVFCa0tuWFBzbElPaDQ3OU5Lc3U4bDZuZUhSUVY4ZmJVU19pWXRONlF0TUdnNkhJeGFuaEt1bnROY0hFSFdzekZvc0poSElmUGlRa01qRmt3X0d3VjQ0b1BuVVlYUlljOENlcFdWQWtTRUQ2QQ?oc=5) · The Business Journals
- 2026-01-28 [Northern Trust VP Stole Millions From Elderly Client, Suits Say - Law360](https://news.google.com/rss/articles/CBMipAFBVV95cUxPRzlobzY0V2dlUE9oOUxEdTQxYXRHUmtaQnJTVWFlOWRpSDdYQTNiVU53bUliLXBkZzRBVHFZbExCX2JXQzBlcm1TQkEtdGY4ZXZjNW5OelFvVUN3d2gwMGtnTDJGeFJhV2Rqd19ha2dXU3MtYzNzemh4YnprU04xWHN1cHBsQ1NQV1dCVzNpUTF2T2Fwb2RXajlZQzhub3VvdzIwZtIBVkFVX3lxTFA0S0xhYjNHUHR4eHMxTmY1S2J1aHZ0VUtLN3VBbXBBSDdiWEhfa2lGV2N1a21tNHRjNWlWaG4wWUpHcU5MZHVoVzM5WXdXUTZ4dXpYUldn?oc=5) · Law360
- 2025-01-06 [Northern Trust to Pay $6.9 Million Over In-House 401(k) Funds - Bloomberg Law News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOdjRId0pINHcwLVlhazlxZGRQeWRxeXpJa2NoejZRUnZpbVpISE1BcVdzeHdWVWNqdUV4Q1lJNS1rOXZqa21BZmJRSWpNWlptb3k1U0FZTFIzSndvVkd0aE15QVJfSDFzTzlCcEQ0ZXJ1Q0kycVpNbHFwX0xMbHJVNnN3amtKRzVwalh2T3p1ZWJPaEpmbUZHWlJiUFUtbjZjcFVzZ25hTmtOZw?oc=5) · Bloomberg Law News
- 2009-09-08 [Northern Trust Names William Morrison CFO - Update - rttnews.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPa0NBZGlGWEpnWk5CSTdULUhTQXZlRkwtejBieC00T2ZDS2hZV0M4Q1l3TWQ5SVNSbDl3OVljX0lsbm5FLUlQc04yRXEyMDNoV1RLNVNfcGdPcUQ3eXYzVlB1WE1ONEhLSTYzVzVoaV9wT1hHd1JDMHlDb2dNMzdZZWhhbWE0N1RKZWxOSENn?oc=5) · rttnews.com
- 2025-01-09 [Northern Trust agrees to pay $6.9M over ‘underperforming’ target date funds lawsuit - BenefitsPRO](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPTEQ4d2tyVFdpWTNjcHJTMUMzeGZYeDVnVWF6dmZnVkw5X1U5ZkRlWlZUVTZia2lnQ3NUNWtpRXUxRHVXOEROQzNYdmk0YUdkc0cwZGQ0YVFXQ195S0EwOXBUUE11QmxrbE9ScHpqS1MtZnBhd1ZBNlJSVE0yUjN6WE8zUzUwVFY2YmtyYTdVV0tUOU50MEdHSy1zVjhscXRkekhjR1MzUS1DaUYwM1pzT2F5ZWkzY3NIUU84?oc=5) · BenefitsPRO
- 2012-09-01 [Robert Powers Obituary (2012) - McHenry, IL - Northwest Herald - legacy.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxPZThHU1F6T0xNcmZ3OFVHeEdibURrc2JBMGFmbW0yRlJTTHZaVnNGOFBwc0JzZGVFckhPSXV6bXBETlFTZEVYMFdKekkxb29WQkczdE8xbm54VHEyMGgyNWZOQ2pMY0lidGJQXzRBV2ZIZl9HTEIwUEVVUFNFUVl3amJIc3hjZnJIS3BHOA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=913 (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/17.json (key "913", 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