# FIRST TRUST&SAVINGS BANK
CORALVILLE, IA · FDIC certificate 10123 · asset band <$300M · latest filing 2025-06 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 7 (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 | $52.6M | |
| Deposits | $46.5M | |
| Loans and leases | $11.3M | |
| Total equity | $3.8M | |
| Loans / deposits | 24.08% (p6 of band) | 72.67% |
| Liquid assets / assets | 70.73% (p94 of band) | |
| Uninsured deposits / deposits | 43.54% (p95 of band) | 19.13% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.15% (p66 of band) | |
| FHLB advances / assets | 4.15% | |
| Tier 1 leverage | 10.15% (p30 of band) | 11.61% |
| Unrealized securities loss / equity | -62.52% (p8 of band) | -10.04% |
| AOCI / equity | 8.76% (p94 of band) | |
| ROA (annualized) | -0.39% (p5 of band) | 1.04% |
| Net interest margin | 2.28% (p5 of band) | 3.76% |
| Efficiency ratio | 125.04% (p97 of band) | |
| Noncurrent loans | 1.46% (p81 of band) | 0.31% |
| Net charge-offs (annualized) | 0.00% (p37 of band) | |
| Reserve coverage of noncurrent | 87.88% | |
| Real estate % of loans | 48% | |
| Construction % of loans | 35.27% (p68 of band) | |
| Auto loans | $589,000 (5.20% of loans; DQ 1.36%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -10.8% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

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

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10123 (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/11.json (key "10123", 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