# SHERBURNE STATE BANK BECKER, MN · FDIC certificate 10169 · asset band $300M-1B · latest filing 2026-06 · live **Verdict on the desk:** this could be *funding-stretched*. 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 | $351.1M | | | Deposits | $289.5M | | | Loans and leases | $279.6M | | | Total equity | $30.6M | | | Loans / deposits | 95.19% (p82 of band) | 82.04% | | Liquid assets / assets | 16.87% (p21 of band) | | | Uninsured deposits / deposits | 17.05% (p19 of band) | 25.97% | | Brokered deposits | 1.75% | | | Wholesale funding | 10.01% (p77 of band) | | | FHLB advances / assets | 8.26% | | | Tier 1 leverage | 9.46% (p22 of band) | 10.81% | | Unrealized securities loss / equity | -11.05% (p40 of band) | -8.10% | | AOCI / equity | -0.35% (p50 of band) | | | ROA (annualized) | 2.01% (p87 of band) | 1.28% | | Net interest margin | 4.74% (p89 of band) | 3.91% | | Efficiency ratio | 43.95% (p8 of band) | | | Noncurrent loans | 0.02% (p13 of band) | 0.43% | | Net charge-offs (annualized) | -0.03% (p4 of band) | | | Reserve coverage of noncurrent | 6472.58% | | | Real estate % of loans | 80% | | | Construction % of loans | 128.82% (p94 of band) | | | Auto loans | $10.2M (3.66% of loans; DQ 0.00%, NCO 0.00%) | | | Loans to nondepository financials | $0 (0% of equity) (p45 of band) | | | Deposits YoY | 14.7% | | | Employees | 42 | | ## Flags firing in the latest filing - **construction >100% equity** (`conc_construction`) ## Warning timeline | Quarter | Score | Flags that first fired | Flags that cleared | |---|---|---|---| | 2011-03 | 2 | leverage <7%, construction >100% equity | | | 2011-06 | 2 | NIM <2.5%, reserve under noncurrent | leverage <7%, construction >100% equity | | 2011-09 | 2 | noncurrent p90 | NIM <2.5% | | 2011-12 | 1 | | noncurrent p90 | | 2012-03 | 2 | uninsured deposits leaving | | | 2012-06 | 1 | | uninsured deposits leaving | | 2012-09 | 1 | | | | 2012-12 | 0 | | reserve under noncurrent | | 2013-03 | 0 | | | | 2013-06 | 0 | | | | 2013-09 | 0 | | | | 2013-12 | 1 | uninsured deposits leaving | | | 2014-03 | 1 | charge-offs p90 | uninsured deposits leaving | | 2014-06 | 1 | capital falling | charge-offs p90 | | 2014-09 | 1 | | | | 2014-12 | 0 | | capital falling | | 2015-03 | 0 | | | | 2015-06 | 1 | capital falling | | | 2015-09 | 1 | | | | 2015-12 | 0 | | capital falling | | 2016-03 | 1 | reserve under noncurrent | | | 2016-06 | 0 | | reserve under noncurrent | | 2016-09 | 0 | | | | 2016-12 | 0 | | | | 2017-03 | 1 | construction >100% equity | | | 2017-06 | 0 | | construction >100% equity | | 2017-09 | 1 | uninsured deposits leaving | | | 2017-12 | 2 | construction >100% equity | | | 2018-03 | 2 | charge-offs p90 | uninsured deposits leaving | | 2018-06 | 0 | | construction >100% equity, charge-offs p90 | | 2018-09 | 1 | reserve under noncurrent | | | 2018-12 | 0 | | reserve under noncurrent | | 2019-03 | 1 | construction >100% equity | | | 2019-06 | 0 | | construction >100% equity | | 2019-09 | 0 | | | | 2019-12 | 0 | | | | 2020-03 | 0 | | | | 2020-06 | 1 | capital falling | | | 2020-09 | 1 | | | | 2020-12 | 0 | | capital falling | | 2021-03 | 0 | | | | 2021-06 | 0 | | | | 2021-09 | 0 | | | | 2021-12 | 0 | | | | 2022-03 | 0 | | | | 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | | | 2022-09 | 3 | construction >100% equity | | | 2022-12 | 3 | | | | 2023-03 | 3 | uninsured deposits leaving | AOCI drag >20% of equity | | 2023-06 | 3 | deposits shrinking | uninsured deposits leaving | | 2023-09 | 4 | uninsured deposits leaving | | | 2023-12 | 1 | | securities losses >30% of equity, deposits shrinking, uninsured deposits leaving | | 2024-03 | 3 | capital falling, reserve under noncurrent | | | 2024-06 | 2 | | capital falling | | 2024-09 | 1 | | reserve under noncurrent | | 2024-12 | 1 | | | | 2025-03 | 1 | | | | 2025-06 | 1 | uninsured deposits leaving | construction >100% equity | | 2025-09 | 1 | construction >100% equity | uninsured deposits leaving | | 2025-12 | 1 | | | | 2026-03 | 2 | uninsured deposits leaving | | | 2026-06 | 1 | | uninsured deposits leaving | ## In the news (Google News, unfiltered, newest first; check the city) - 2026-03-19 [Sherburne State Bank preparing for major renovation in Becker - Patriot News MN](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPTmZlQjFDOXIzRllOLTRWampCVi1zODBWNE1GZUxqWTBwbGlWc0NuNHJTMnd6Vjc4ZXpIM0FHVkc0dldKRUx6WlhCLXRNcmlDMXVPVncwNXFvUWZkak9aSHJMREZPQ0ZERVBRV3poNmFpcC1hdGYyOUMwWWRHSng2S1dEdkZtRS1xSDczdkl1N0JzcnVXTHpWQTg3cXQwaml1T0s2VUN5OHQ?oc=5) · Patriot News MN - 2026-07-09 [Snegosky new President and CEO at Sherburne State Bank - Patriot News MN](https://news.google.com/rss/articles/CBMinwFBVV95cUxPOEpnQlpydjloVXBhVjJ4cmNVSUw4RXEyWFpBU2lzdUVDY0FWMFZQN1RpdU8yV2RPbWJ6ZUtYSmF4Yk9ERW5RSl9lbHJ6VFdkYmQycGhEN0Q0VXNZMnlQR2tZajVIRzZiZnlmTi1pZHVzaXl5RWk4d05CbnlBbkZvczVQR3hheEs2U1hfUGFwR2h5ajN0bkRDU01LTHlqODg?oc=5) · Patriot News MN - 2026-02-27 [Postal frustration in Becker with mailed checks, mortgage payments not going to intended destinations - 5 EYEWITNESS NEWS](https://news.google.com/rss/articles/CBMizgFBVV95cUxNQ1JoRTQ5MUd1a3JWYV9pZkJ5ekpsLVpIMGlKVE9iSWJWYXV2WnZrckZmSE9QcGJPNUs3RHFCekdrcVE5X2pXM2lTcF9zbWdDbEZjc3NHbjljTlRmQS1jMkoyVkh6Y1p3aVNFQXRzMy1ZaWFyV1E2eWpWRmZBVXlkZHBqX294SFBRRFZEbnIxMXFnT2JyY2tXZVczUnE3ZHNZbFBQeVEwbUxPWEtOYnR0NFJpYmtQdGwyb3dOZG45OHVrV3FiTUpYN1Z5am1Tdw?oc=5) · 5 EYEWITNESS NEWS - 2024-01-17 [Google Wallet adds support for over 40 more banks including Venmo - 9to5Google](https://news.google.com/rss/articles/CBMiekFVX3lxTFBFRngyX0h6VU1CeWUyekdkbkZZZVNmUXJCOTRqb0w5T1lDR3VVTV9uZi00T3VzTXh5VVZraEJhaGFZTFU5T1F0M1RDSlU3RkVMUlFVNF95Mk90WVk2bXQybE9YSjg3dEdNWVB2dnZtZnRFSzRlUE95cnp3?oc=5) · 9to5Google - 2023-04-20 [Liberty Bank, Sherburne State Bank named top banks in U.S. - Patriot News MN](https://news.google.com/rss/articles/CBMiogFBVV95cUxObGliY2pmS2s1QmFaVmVWZmRpc1J1YnZRRjZENVpkZmZfQkM2U1BMWFFoSUdyX3dkY2xEeV9qMmZwUDNkU2lVb3Z3UDEyZUl0T1BJSDRlWm9qd1FxZjkwYVd2NFZzMXVXVS1LMk5WeFJXQlZLeEdHOWpiUU1DTFJTeDFPcDhoT3BhZlVVMExmZXV5eDR0bDBMRF9nYUxzWG1rbFE?oc=5) · Patriot News MN - 2024-01-17 [Google Wallet now supports 44 more banks — here's the new additions - androidpolice.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNc2tTNzBQQjlWRmhZQnBFTFdzVlVWWDBwcUc0TkhyNWl4T1dfM0hLU3oxNDZPdlhqWV9mWmEyd3VRWVA0enVPaWk0SGFwSm9QM2E2X2M5ckpOblU2cF9lQkNZbzl6alFweWE0M25fYVZQdVBqV3BtNzIzRDJYNjhZTWw1QkZBUHI5VDBlbmVB?oc=5) · androidpolice.com - 2014-06-28 [Unofficial Problem Bank list declines to 468 Institutions, Q2 2014 Transition Matrix - Calculated Risk](https://news.google.com/rss/articles/CBMikgFBVV95cUxOSUFUUFMzT2JPM0xhYkZjbU94c2U3RTRROU1pcEtFNUZXS0dxTmtSTldvbnRqRGFoeHVUOW9sbnRocmdfOWVRX3VDNExTc2JTNDRZTWJURU16SmVESHlNQnNPV2FJaXZQVERjVldCOUJETE8tRmxtMVAxZ1p5VDhqLXROZkRNdzJQbmY2VUJjX3gtUQ?oc=5) · Calculated Risk - 2026-05-28 [Breaking Ground - Patriot News MN](https://news.google.com/rss/articles/CBMia0FVX3lxTFBOUkxmTUVFN0ttUEtuQ0RwMU96OFV4TlczalpmWjJmV3BjalhOQlJ6aEpGdVpjdjlJQV9EcnVLem11Z2tNWV9TQ0lBMUR0c241SlVHV2dHTC1WZEtiaE0wNVpRWUxhaFY0VDBB?oc=5) · Patriot News MN ## How to verify - Page: https://getbookiq.com/bank-desk/#bank=10169 (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/57.json (key "10169", 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. --- Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide