# THREAD BANK
ROGERSVILLE, TN · FDIC certificate 9499 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $1.11B | |
| Deposits | $1.00B | |
| Loans and leases | $421.3M | |
| Total equity | $95.9M | |
| Loans / deposits | 41.64% (p3 of band) | 87.10% |
| Liquid assets / assets | 56.99% (p97 of band) | |
| Uninsured deposits / deposits | 11.03% (p5 of band) | 30.76% |
| Brokered deposits | 5.56% | |
| Wholesale funding | 5.56% (p47 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.75% (p30 of band) | 10.50% |
| Unrealized securities loss / equity | -16.42% (p26 of band) | -7.75% |
| AOCI / equity | -1.12% (p15 of band) | |
| ROA (annualized) | 0.58% (p10 of band) | 1.26% |
| Net interest margin | 2.90% (p12 of band) | 3.70% |
| Efficiency ratio | 78.83% (p92 of band) | |
| Noncurrent loans | 0.18% (p22 of band) | 0.51% |
| Net charge-offs (annualized) | 0.18% (p84 of band) | |
| Reserve coverage of noncurrent | 653.03% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 11.47% (p11 of band) | |
| Auto loans | $1.6M (0.38% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $3.0M (3% of equity) (p81 of band) | |
| Deposits YoY | 40.2% | |
| Employees | 117 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 |  | expense ratio p90 |
| 2011-09 | 6 | expense ratio p90 |  |
| 2011-12 | 8 | leverage <5%, losing money | charge-offs p90 |
| 2012-03 | 9 | charge-offs p90, uninsured deposits leaving | losing money |
| 2012-06 | 8 | losing money | construction >100% equity, uninsured deposits leaving |
| 2012-09 | 9 | assets shrinking |  |
| 2012-12 | 6 |  | expense ratio p90, losing money, assets shrinking |
| 2013-03 | 7 | assets shrinking |  |
| 2013-06 | 4 |  | noncurrent p90, leverage <5% |
| 2013-09 | 3 |  | assets shrinking |
| 2013-12 | 5 | deposits shrinking, assets shrinking |  |
| 2014-03 | 4 | noncurrent p90 | charge-offs p90, deposits shrinking |
| 2014-06 | 5 | losing money, expense ratio p90 | assets shrinking |
| 2014-09 | 8 | leverage <5%, capital falling |  |
| 2014-12 | 7 |  | capital falling |
| 2015-03 | 6 |  | losing money |
| 2015-06 | 6 |  |  |
| 2015-09 | 7 | losing money |  |
| 2015-12 | 8 | capital falling |  |
| 2016-03 | 8 |  |  |
| 2016-06 | 8 |  |  |
| 2016-09 | 10 | charge-offs p90, assets shrinking |  |
| 2016-12 | 7 |  | capital falling, charge-offs p90, assets shrinking |
| 2017-03 | 7 | charge-offs p90 | losing money |
| 2017-06 | 7 |  |  |
| 2017-09 | 6 | losing money | noncurrent p90, charge-offs p90 |
| 2017-12 | 7 | noncurrent p90 |  |
| 2018-03 | 10 | capital falling, deposits shrinking, assets shrinking |  |
| 2018-06 | 9 |  | capital falling |
| 2018-09 | 9 |  |  |
| 2018-12 | 9 |  |  |
| 2019-03 | 8 |  | losing money |
| 2019-06 | 8 | charge-offs p90 | deposits shrinking |
| 2019-09 | 8 |  |  |
| 2019-12 | 7 |  | assets shrinking |
| 2020-03 | 8 | capital falling, losing money | noncurrent p90 |
| 2020-06 | 8 |  |  |
| 2020-09 | 7 |  | reserve under noncurrent |
| 2020-12 | 6 |  | charge-offs p90 |
| 2021-03 | 8 | AOCI drag >20% of equity, uninsured deposits leaving |  |
| 2021-06 | 1 | NIM <2.5% | leverage <7%, expense ratio p90, leverage <5%, capital falling, losing money, AOCI drag >20% of equity, uninsured deposits leaving |
| 2021-09 | 2 | losing money |  |
| 2021-12 | 4 | capital falling, expense ratio p90 |  |
| 2022-03 | 5 | AOCI drag >20% of equity |  |
| 2022-06 | 5 | securities losses >30% of equity | capital falling |
| 2022-09 | 6 | brokered >10% |  |
| 2022-12 | 8 | capital falling, noncurrent p90, uninsured deposits leaving | brokered >10% |
| 2023-03 | 6 | brokered >10%, charge-offs p90 | AOCI drag >20% of equity, securities losses >30% of equity, capital falling, noncurrent p90 |
| 2023-06 | 6 | securities losses >30% of equity | charge-offs p90 |
| 2023-09 | 6 | capital falling | uninsured deposits leaving |
| 2023-12 | 3 |  | brokered >10%, securities losses >30% of equity, capital falling |
| 2024-03 | 5 | brokered >10%, wholesale funding >15%, charge-offs p90, uninsured deposits leaving | losing money, expense ratio p90 |
| 2024-06 | 4 |  | wholesale funding >15% |
| 2024-09 | 1 |  | NIM <2.5%, charge-offs p90, uninsured deposits leaving |
| 2024-12 | 0 |  | brokered >10% |
| 2025-03 | 1 | charge-offs p90 |  |
| 2025-06 | 2 | capital falling |  |
| 2025-09 | 1 |  | capital falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | charge-offs p90 |
| 2026-06 | 2 | capital falling, expense ratio p90 |  |

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

- 2026-04-23 [How Thread Bank is turning a century-old charter into a modern distribution engine - Tearsheet](https://news.google.com/rss/articles/CBMisgFBVV95cUxPQ3BzbGF0VjRlS3d6aTNJVnVtQjBZT3VRTlJQcEZZUF85TVBYWl9kY1ZabmVvRzhQMVloenJuNVdqdFhQZmM5aTF6SXRhYV9NMHQ3SUVGQzI3R0ZsQ1phbHNTN3JGREI4YUxMNFpwdzUweHpSYW9jY281VGpGVnBGTHEtM2NsQi10OFZKcnlUWjJITU4zYVdKV0Z5Sjg2RUhGMmd6dGNLNmFoaUdYMjNZU29n?oc=5) · Tearsheet
- 2026-05-07 [Thread Bank Celebrates 120 Years of Community Banking Heritage and Five Years of Reinvention as an Embedded Bank - Business Wire](https://news.google.com/rss/articles/CBMi_gFBVV95cUxQajdyT1JoSk9TSDhEVFdhdlNMQkhxS0t0Y2JnNW03Z08tVzkxTEw0WmNoX1BiR1dCZ0lQV1czY2VhOTRETXBXOGhtRUtlenR6SmE4NEdBd0tRUlRDT1NLVEhDUWZod0tIR2loNTcxNmRRb2FQWDdBTWFaTVl4OGlzOEdCZlhjeXJ6SWFocEI5TmRpMmpNel96bmV3RUVhVzctOGxfY2lSdGVjQVRnR3Y5b01iM1BXelNmV0x1UXhuZTFzYjRHcjczOXN2RUlqeEt0R2dqZHB2VUdTSVJxeTVXVFZaVG9td2JkaUd5U0lDWmUxdXRzUmNaWXpJZkI4UQ?oc=5) · Business Wire
- 2026-02-03 [Thread Bank's Chris Black sees opening in bank charter boom - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxOcEFNcGpPdUxFVUd1WXBsenlMTXQwNUtYeEo0MDNlWnR5Z3JIREpGWERMVVZkZGpqWjlSVGM0clVkQ0hLX0cyVHpZR2Z0NGNHSjl1dTk0V3NSQUhwbUtacVdwUkt3R3ZLNkwwVHVveWpSTXlaNkQ0Qm1nR3dzTVk4NDRNY2ozNWtSOEdzOWtyV2hGN2V6M2xabVFCVl9Cdw?oc=5) · American Banker
- 2025-12-17 [Thread Bank secures $30.5m funding to support embedded banking strategy - Retail Banker International](https://news.google.com/rss/articles/CBMijAFBVV95cUxQMlloOU1DUFJrYVdWMXlNcXNiLUdaSC1fSmlSSGwtWE52NWFTbDVKeEtmUkNGQlNvanpIVDNSTFBSbTQzb0lrR3J6T2ZBblN1VXN6TzlLM1dQYk1paVR1UUJZZHJyMExYc0xoa1ZKb3lHbDQ3Z3BTTUNPa3RIZ0FHZUgxN0wyak9oWXFjZA?oc=5) · Retail Banker International
- 2025-12-22 [Thread Bank closes $30.5M funding round to scale digital branch partnerships - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxOZXU2Mmh2ZmhiY2VIZkNXVjJIWFIzWkxhM1VhNmdacnJQbllCSHQzWEVsZGdIWXNfS3V0czhndWZkMjVQR0haSWNjNlJTVEVXR0tRZHpvamJyektnOGxIMjE2cUdKdFJjMmJYaGRQOWNKREk0RFowcG4yWnVfVEVhYlAwWUFSOUVybnkwb0c3aEY4VzctdVR3UE9tQ04?oc=5) · The Business Journals
- 2025-12-16 [Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking - Business Wire](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPVlBkZGtzNDRQQVR2Qzh2SUs1cDJGRnJielBsT3kzUXhZNTNDRDF5QkE3MkJqY2NhVXdQaU1nTndIS1FyQ0FydktIMWNqMHFKSTJnRDllNUVJdU1uc1pGLVZ0TF81U2pCNlhqWUZpa3ZLenM1dW9IX0VPbkZGVEZraklGaTNQWVVjZDNtdjdUNjVoOGY5aGZSQjlXWkhvUW1mM1pUekRCd1Z2WmFiN1FIeU9hUTlQS3RjdUNsREtmV29Ia1BRTTZ1aUtJSWZNdHlWWkNLdg?oc=5) · Business Wire
- 2024-07-01 [FDIC orders Thread Bank to step up BaaS oversight - Banking Dive](https://news.google.com/rss/articles/CBMilwFBVV95cUxQY1M4aEZTMzc3ZWNyVXVXVFh2MDBoZHFnRDZ0c05lcFVIcExkVm9JV0t0RHZ0dmdlLVJQS284TUx6aTdyYzJpcmJFRjYtaXZDRXdXTU9oSHBocG1rNzBOcWdfUEt2MUFjWlpiVVFfdGxvZUFMS3ROa3FxeVZkdDlIcGZ3ZVJhUk5YcHJOd0JpNjFxaGVGVnBj?oc=5) · Banking Dive
- 2025-08-27 [Thread Bank taps Fiserv for Finxact core - FinTech Futures](https://news.google.com/rss/articles/CBMimwFBVV95cUxQQVQ0T1UtM2c1bzJkV2ZoaTlURGNKcVVsT1ZOeUNHcWEwbXFNYV9oOG9nVHZaVTdtXzR1TVVTcUFET04xNUtPUVptM1Q1dHZFNmFBNzlrdGlFNTlFTVVZZEFjUUE5N1diU3Vxc19lLXNZckROclZYSmtnMzgxNU9uSTRYZ0RDdVJITVZUTENXcmdlMzdwdEhBaVpKQQ?oc=5) · FinTech Futures

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9499 (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/27.json (key "9499", 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