Pilgrim Bank: Bank Stress & Real-Estate Credit Exposure

DLRadar scores Pilgrim Bank (FDIC Cert #16891) at 81/100 for bank stress — a severe level of financial pressure. The score is derived deterministically from the bank's public FDIC call-report financials — asset quality, capital adequacy, earnings and real-estate loan concentration — then weighted by where it actually lends.

DLRadar maps Pilgrim Bank into 9 counties (70 ZIP codes) across 1 states — a compact, single-state lending base. It concentrates most in Texas (9 counties). Its lending reaches counties such as Wise County, TX, Hopkins County, TX, Wichita County, TX, Archer County, TX, each tied back to DLRadar's distress signals. The recent trend is stable. Direction is the tell: climbing stress signals credit pulling back, which shows up in forced sales months later. DLRadar does not model Pilgrim Bank in isolation: the 70-ZIP footprint is cross-referenced against foreclosure filings, tax-lien activity and ownership churn in each of those 9 counties, so a shift in the bank's severe posture can be read directly against on-the-ground distress. The combination of a severe reading and a compact footprint is what makes Pilgrim Bank worth watching as a supply signal. Pilgrim Bank's score blends four call-report dimensions — capital, credit quality, earnings and property-loan concentration — into one 0–100 number, weighted by lending footprint, which is why it reads as a market signal rather than a generic solvency grade. The Pilgrim Bank score updates as fresh FDIC call reports post each quarter, so its 81/100 reading and 9-county footprint reflect the current filing cycle rather than a dated snapshot — and because it uses the same model as every FDIC bank, Pilgrim Bank is directly comparable to any lender in the country. Pilgrim Bank is held under Pilgrim Bcorp, so its disclosures are public and its stress trajectory is externally verifiable.

The acquisition angle is simple — lending capacity is what moves deals. As Pilgrim Bank tightens across its markets, refinances fail, builders lose credit, and over-levered owners are pushed toward default and forced exit. Watching lender stress is therefore an upstream, leading signal of where distressed inventory surfaces next.

The same deterministic model runs for all FDIC banks, each wired to on-the-ground foreclosure, tax-lien and ownership signals. So you can act on distressed supply before the broader market prices it in — every figure here traces to a public federal source.