# SWEET WATER STATE BANK
SWEET WATER, AL · FDIC certificate 9615 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 (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 | $150.0M | |
| Deposits | $134.8M | |
| Loans and leases | $78.1M | |
| Total equity | $12.9M | |
| Loans / deposits | 56.86% (p26 of band) | 73.59% |
| Liquid assets / assets | 41.11% (p65 of band) | |
| Uninsured deposits / deposits | 22.86% (p61 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.74% (p21 of band) | 11.76% |
| Unrealized securities loss / equity | -13.07% (p33 of band) | -6.57% |
| AOCI / equity | -0.94% (p29 of band) | |
| ROA (annualized) | 1.59% (p72 of band) | 1.17% |
| Net interest margin | 5.37% (p95 of band) | 3.93% |
| Efficiency ratio | 70.25% (p61 of band) | |
| Noncurrent loans | 1.30% (p76 of band) | 0.36% |
| Net charge-offs (annualized) | 0.22% (p93 of band) | |
| Reserve coverage of noncurrent | 147.24% | |
| Real estate % of loans | 60% | |
| Construction % of loans | 10.15% (p38 of band) | |
| Auto loans | $1.3M (1.67% of loans; DQ 3.75%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 34 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | uninsured deposits leaving |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 1 | reserve under noncurrent |  |
| 2013-09 | 0 |  | reserve under noncurrent |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | reserve under noncurrent |  |
| 2014-09 | 0 |  | reserve under noncurrent |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 2 | uninsured deposits leaving |  |
| 2015-06 | 2 | capital falling | uninsured deposits leaving |
| 2015-09 | 2 | charge-offs p90 | capital falling |
| 2015-12 | 1 |  | charge-offs p90 |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | noncurrent p90 |  |
| 2016-12 | 1 |  | noncurrent p90 |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | noncurrent p90 |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | charge-offs p90 |  |
| 2018-06 | 2 |  | charge-offs p90 |
| 2018-09 | 3 | charge-offs p90 |  |
| 2018-12 | 2 |  | noncurrent p90 |
| 2019-03 | 2 |  |  |
| 2019-06 | 4 | capital falling, noncurrent p90 |  |
| 2019-09 | 3 |  | capital falling |
| 2019-12 | 2 |  | charge-offs p90 |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 | capital falling | noncurrent p90 |
| 2020-12 | 1 |  | charge-offs p90, capital falling |
| 2021-03 | 2 | noncurrent p90 |  |
| 2021-06 | 2 | capital falling | noncurrent p90 |
| 2021-09 | 3 | noncurrent p90 |  |
| 2021-12 | 4 | charge-offs p90 |  |
| 2022-03 | 3 |  | capital falling |
| 2022-06 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 3 |  |  |
| 2023-09 | 4 | securities losses >30% of equity |  |
| 2023-12 | 2 |  | noncurrent p90, securities losses >30% of equity |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | reserve under noncurrent |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | charge-offs p90 |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 2 | capital falling, charge-offs p90 |  |
| 2026-06 | 1 |  | capital falling |

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

- 2023-02-17 [Former Alabama sheriff’s business partner sentenced to federal prison for PPP loan fraud - AL.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxNTmVfbkFSMy13b3dsMTB1a3Y0dTN5SnVsTmRncW5qdFowaVRYZmJfQXc4VTB5M1NsVWFJR2lFUTFPel9QdnJDRmFYVDE4WEcwU1FvUzRZN0hZNkhXR1FLOHE2WlM5SzBfSk5BWHY4ZzZjc28xR0NBUWRHaEFrcXpvMF83ZUNXM3FwcHZBdzhNNFUySWtRZlRuOF9ndXN5Nm9BVEFGN204bF9aT2FwUE1oUHhkNWNaRk1UT0xUSS14Yk1zdk1ENktVYzktZw?oc=5) · AL.com
- 2025-04-16 [Your bank might finally be available on Google Wallet now that 25 new partners have been added - androidpolice.com](https://news.google.com/rss/articles/CBMieEFVX3lxTFBNRkJfRlZndHpTSVBvM3o5M2paQ1B4MzNVdktrWXJRUGhCMGd3MVFLQmlLMFgxZjgweHFrVy01Q1pnNkx6ZTdVYWVhb2dUMDlMYkdnZ0IzUnpQeHNmM2EwZjRBR0E2aUlnVDhHMmtyd1hLWkNtcV9mSA?oc=5) · androidpolice.com
- 2022-05-12 [Former Clarke County sheriff accused of lying about loans - fox10tv.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNMVBhZVRzME03MkF0SzFVV0dWcnhYQ19oS041TnduMmVsbFNyYnh3bDdPczNUMWlNUXp1dDl3djF1djNnZ3lITm9lVHZ5Ymg0ZDNQN25rdGRuX1ZXWXJLeDNfWWFkazdfR3loT3dHYUxJWVRlRXY0X0hBWEd6b0daRFEwZGRVbjA1QWVwT3ZDUkJySFVs0gGoAUFVX3lxTE5SZXlWSENHcXY1N1NxT1F4cFJqdWgxVnU4ZmlhSGpYU3dTSl9Vb2lMZFAyUktoVzVjTkd4ZHNHRW1lWnIyZ1dyYkdiSnBNSlF4Wml5YlJuVVNFcUU3MDA2WWYzS3hHSmh3VUhpN29FcWpyM3JaMkM4X0Z3YW9sVUdjYV9sTlotdEdtRWJqRFZYSzFGM0dybEtOQ1djblVkbFpCVW13aDczLQ?oc=5) · fox10tv.com
- 2022-09-26 [Former Alabama sheriff pleads guilty to lying to get loan for gambling debts - AL.com](https://news.google.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?oc=5) · AL.com
- 2021-10-22 [Ouida McNider Obituary (1935 - 2020) - Mobile, AL - AL.com (Mobile) - AL.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxPSXBlY253a3JTMk9XRWhoVnJHOUJjMjhLeGxaWGFqd1cxczdtbUpvcnhUMGhTNl9LNnJ1SlRteUFfdzFUOFQxY3M4VGkzejROWnVFN1VkWEdYWTltUHg3WlpiY2hTNkI2emVmZ0w2d2kwMHprX1M3VDBCVEI2QVRyc1ZnRHBhaVU?oc=5) · AL.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9615 (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/15.json (key "9615", 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