Lefomi

Methodology

Lefomi is an independent information site published by Grid Pulsar. It compares every FDIC-insured bank and NCUA-insured credit union using reported financial ratios. Each institution is compared only with its own type and size group. The site also describes fintech deposit arrangements, broker and fintech cash rates, and FDIC bank closures since 2020.

Bank information comes from the FDIC BankFind institutions and financials data. The bank quarter is 2026-06-30. Bank data is at least seven weeks old. Credit union information comes from NCUA 5300 Call Report files. Its quarter is 2026-03-31 and is often older than bank data. Both sources are checked for new quarterly filings. FDIC closure information is checked weekly. App disclosures are checked monthly on each app’s public page. Cash rates are checked daily on each provider’s public page and show the observation time. Each institution page states its data quarter.

For banks, uninsured deposit share (DEPUNINS, DEP), weighted 20 percent, divides estimated uninsured deposits by total deposits. Higher is riskier. Unrealized held-to-maturity loss versus equity (SCHA, SCHF, EQTOT), weighted 20 percent, divides the positive difference between amortized cost and fair value by total equity capital. Gains are set to zero. Commercial real estate concentration (LNRECONS, LNRENROT, LNREMULT, RBC, RBCT1J), weighted 15 percent, divides construction, non-owner-occupied commercial property, and multifamily loans by total risk-based capital. Tier 1 capital replaces that denominator when total risk-based capital is zero. Texas ratio (NCLNLS, ORE, EQTOT, LNATRES), weighted 15 percent, divides noncurrent loans and foreclosed real estate by equity plus the loan loss allowance. Core capital ratio (RBCT1J, ASSET), weighted 15 percent, divides tier 1 capital by total assets. Lower is riskier. Brokered deposit share (BRO, DEP), weighted 5 percent, divides brokered deposits by total deposits. Profitability (ROA), weighted 10 percent, is the FDIC’s published annualized net income as a percent of average assets. Lower is riskier.

For credit unions, uninsured share of deposits (ACCT_068A, ACCT_018), weighted 30 percent, divides uninsured shares and deposits by total shares and deposits. Loan delinquency (ACCT_041B, ACCT_025B), weighted 25 percent, divides delinquent loans by total loans and leases. Net worth ratio (ACCT_998, ACCT_997, ACCT_010), weighted 30 percent, uses the reported regulatory ratio, or divides net worth by total assets when that ratio is absent. Lower is riskier. Held-to-maturity securities versus net worth (ACCT_AS0073, ACCT_997), weighted 15 percent, divides their amortized cost by net worth. The NCUA does not publish fair value, so this measures exposure to rate moves, not the current paper loss.

The asset bands are below $300 million, $300 million through less than $1 billion, $1 billion through less than $10 billion, $10 billion through less than $100 billion, and $100 billion or more. Lower boundaries are included. Banks and credit unions are banded separately.

Each metric percentile is the share of other reporting peers the institution is safer than, from 0 to 100. Direction is applied first, ties count as half, and results are rounded to one decimal. Missing inputs and nonpositive denominators make a metric not computable. Its weight is dropped, and remaining weights are rescaled to total 100.

The composite is the weighted mean of available metric percentiles. Its percentile within the same band becomes the displayed score. A is 80 and above, B is 50 to 79.9, C is 20 to 49.9, D is 5 to 19.9, and F is below 5. This produces about 20 percent A, 30 percent B, 30 percent C, 15 percent D, and 5 percent F. With no peers, the score is 50 and the letter is B by convention, with no comparison shown.

The grade compares reported ratios at one quarter end. It does not predict anything. It is not a credit rating, regulatory opinion, investment advice, or deposit advice. Confidential regulatory examination ratings are not used. Deposit insurance does not depend on the letter.

AI produces site text from these rules and institution facts sheets. Automated checks reject banned claims and percentages unsupported by the facts. Institution numbers use fixed database templates. To report an error, email [email protected] with the page URL. Source errors are reported upstream, while computation corrections are dated on this page.

Questions and answers

What does an institution's letter grade mean?
The grade compares an institution only with banks or credit unions of similar size. A is a score of 80 or above, B is 50 to 79.9, C is 20 to 49.9, D is 5 to 19.9, and F is below 5. A C means the institution is in the middle of its size group on the measured ratios.
Does the grade forecast what will happen to an institution?
No. The grade compares publicly reported ratios at one quarter end and does not forecast future events. It is not a credit rating, regulator opinion, or financial advice.
Where do the numbers come from, and how current are they?
Bank figures come from quarterly FDIC Call Reports, and credit union figures come from quarterly NCUA 5300 Call Reports. Bank data is at least seven weeks old, while credit union data is often older. Check the quarter shown on each institution's page.
How is the score produced from the ratios?
Each available ratio becomes a percentile, a rank from 0 to 100 among institutions in the same size group. Those ranks are combined using the published weights, with unavailable ratios excluded and the remaining weights adjusted to total 100. The combined result is ranked again within the size group to produce the score and letter.
What are the size groups used for comparisons?
The five groups are under $300 million, $300 million to under $1 billion, $1 billion to under $10 billion, $10 billion to under $100 billion, and $100 billion or more in total assets. Banks and credit unions are grouped separately. Each lower boundary belongs to the group that begins there.
Why does a credit union page have no unrealized loss figure?
The NCUA does not publish the fair value of held-to-maturity securities, so an unrealized loss cannot be calculated. The page instead shows those securities at cost relative to net worth, which indicates exposure to rate moves but not the current paper loss.
Can a bank, credit union, app or broker pay for a grade or listing?
No bank, credit union, app or broker can pay to receive or change a grade, or to be listed or removed. Some providers may pay an affiliate fee when a reader opens an account through a marked link, but grading rules do not use that information.
How can I report an error?
Email [email protected] and include the page URL. Source data errors are reported to the FDIC or NCUA, while computation errors are corrected and dated on the methodology page.