# PRIOR LAKE STATE BANK
PRIOR LAKE, MN · FDIC certificate 10166 · asset band <$300M · latest filing 2014-09 · stopped filing (departed)

**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 | $209.8M | |
| Deposits | $183.6M | |
| Loans and leases | $109.0M | |
| Total equity | $26.0M | |
| Loans / deposits | 59.37% (p30 of band) | 71.36% |
| Liquid assets / assets | 42.87% (p67 of band) | |
| Uninsured deposits / deposits | 22.82% (p84 of band) | 12.72% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.66% (p53 of band) | 10.52% |
| Unrealized securities loss / equity | -0.59% (p27 of band) | 0.17% |
| AOCI / equity | -0.59% (p1 of band) | |
| ROA (annualized) | 0.59% (p35 of band) | 0.81% |
| Net interest margin | 1.39% (p2 of band) | 3.65% |
| Efficiency ratio | 53.13% (p9 of band) | |
| Noncurrent loans | 0.32% (p30 of band) | 0.86% |
| Net charge-offs (annualized) | -0.02% (p13 of band) | |
| Reserve coverage of noncurrent | 7.71% | |
| Real estate % of loans | 65% | |
| Construction % of loans | 25.81% (p64 of band) | |
| Auto loans | $935,000 (0.86% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 26 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | reserve under noncurrent |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | NIM <2.5% |  |
| 2014-09 | 2 |  |  |

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

- 2025-02-09 [Lois Barsness, longtime Prior Lake State Bank owner, dies at 91 - Pioneer Press](https://news.google.com/rss/articles/CBMiogFBVV95cUxPNEJ1YjRXamtpazc5eFlCWGkySmcwSmdtdjZrckdWNVRSSXJ4VDB4d0FKLWRQZXFBYUx1dUhXUnFGVzNZVnRsbk1PdzBKajFpbFoyR1l4dU1pb0RIZEdpTmo3YV91aVJTeWtIalF2MlltTEIxYURfVkVYMnBtajFaREhia1BjQ0dURmdQLUgzMEVzNVM5MzZGREpBVkx1ejJsVWc?oc=5) · Pioneer Press
- 2026-03-18 [Robert "Bob" N. Barsness Obituary Mar 18, 2026 - Ballard-Sunder Funeral & Cremation](https://news.google.com/rss/articles/CBMidkFVX3lxTE1nQnBabmNtQnU1NFA3eFR1QkFfM25fSzd6eEhXRG5CODZiZ0xsaFlMTG1YdGFGWkVYMThTT0diVnpteGk3c3JkOG5hc21yc0Z1Vy14VjBSRWxWSklIU205elN3eEstT0lJTk95NjV3Vmpla1FSWWc?oc=5) · Ballard-Sunder Funeral &amp; Cremation
- 2014-03-27 [KleinBank buying Prior Lake State Bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQU0tDckVycGdyQXprWkpxTXRRc19oQzExY3FGVjZCRkgxcW5xLXZUM0J1VG1qOVVpUTBxWHgwSDg2NmRhSmJBYjBseEZOb3RXMUVsQXdpUnZVNGItdXNxN05Vai1YTE5xMlZvck13RF9ZYldXN094RV9sTFhRd3IxeHYtVEJLWUlIV2R1Zk1BOG5aRU1IeGVia3g0MHJIMm1GU25DZ2poS3dMZw?oc=5) · The Business Journals
- 2025-10-20 [Robert Westphal Obituary - Golden Valley, MN - Neptune Society](https://news.google.com/rss/articles/CBMihgFBVV95cUxOZy1BSFhzWUFqY2swc3RheUgxZTlVbTBwZ2F6ampocWNLUmpaaEJVUXhrTGpkRHRpQUoxY19oeHhhSUFiNlNYVzM4X3lTVDd3RVJGa1pMVHRIcFlQeXNUMkxnWDZoOThSOG9rOTdyVlFaQW5Ic2VEcTdISWFESXFMX2FVZzhCQQ?oc=5) · Neptune Society
- 2025-08-09 [Reverend Allan Paul Olson Obituary Aug 9, 2025 - Ballard-Sunder Funeral & Cremation](https://news.google.com/rss/articles/CBMid0FVX3lxTE83Z2t3UlNkN19ITk9iaVVTSWZjbWxqakJMemtKN1N3VlpwZ1FwaEdXZXNBbXR3WkZocE9zM0p2ZG5UWWREUTRfTm16N21yeUVubk9BMXJWSXNTdVVNeXVRTWRMUlk1aktvbGtsekdqdGNSLTg2NGNn?oc=5) · Ballard-Sunder Funeral &amp; Cremation
- 2013-05-07 [Mark Wetsch Admits to 30 ‘Man in Black’ Robberies, Including in Hopkins - Patch](https://news.google.com/rss/articles/CBMioAFBVV95cUxQWEcxSU4xcWlOZUs4Ul9hbHZyemUtQXJFVXBhRWVXUi1xZjZCUkdTX2lvaGJjZlY4M2gwY2oySmxuTkNRXzJQcC1DZEV6RVYySlZpSUgxd2phUHJLaGE3aWQ4Z2o2cEZQSkFXbm5iRDRlYm1QbFRab2wyX3VESGV3bGtsdW9RdmNXQkZGdkYzeG5LNWJfNmdVTmRCdVBmaDdp?oc=5) · Patch
- 2025-08-20 [Joanne Isabel Torkelson Obituary Aug 20, 2025 - Ballard-Sunder Funeral & Cremation](https://news.google.com/rss/articles/CBMickFVX3lxTE9LbXBXRXJudXVmaTRwLXlzX2RpRU9GQlhBOW5tUmRrVTA2S2JXWnZtMzNWRU9GV2xWZWRBV0szNzVycldFYTAybzFJQkR1X0JiSFNBcXZLc1REZVdrb0pOYVdiZDE5eHFDZmtma2JocWtpUQ?oc=5) · Ballard-Sunder Funeral &amp; Cremation
- 2013-05-07 ['Man in Black' Serial Bank Robber Pleads Guilty to Multiple Holdups - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxOMXJtVWNSc0ZNTEpRQ2liYTRXT2dqNHRsb3hfcnMxeWVYaFpHYW5qZTFGQUFBRFgtXzRNbFJaT1hSWWpIcEU2QkJCODViUTMxVXFYSzVNUFJrZDllLXNJeUF2M3dIZWRyNXRRZHVsS3F3dzBPMVppUlllOFFfQU9tc3BWU1lYeV9rT2hVM3YtU1RFdURRSUI5YlMtSndneWJTWHJ3TzVn?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10166 (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/54.json (key "10166", 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