# PINE RIVER STATE BANK
PINE RIVER, MN · FDIC certificate 10194 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $185.3M | |
| Deposits | $169.8M | |
| Loans and leases | $106.7M | |
| Total equity | $15.1M | |
| Loans / deposits | 62.15% (p33 of band) | 73.59% |
| Liquid assets / assets | 40.79% (p64 of band) | |
| Uninsured deposits / deposits | 13.31% (p25 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.48% (p6 of band) | 11.76% |
| Unrealized securities loss / equity | -3.20% (p64 of band) | -6.57% |
| AOCI / equity | -2.56% (p8 of band) | |
| ROA (annualized) | 0.92% (p36 of band) | 1.17% |
| Net interest margin | 3.71% (p38 of band) | 3.93% |
| Efficiency ratio | 74.89% (p70 of band) | |
| Noncurrent loans | 0.74% (p64 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 149.62% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 73.14% (p88 of band) | |
| Auto loans | $392,000 (0.37% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.2% | |
| Employees | 39 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | charge-offs p90 |  |
| 2013-06 | 0 |  | charge-offs p90 |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | reserve under noncurrent |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 1 | reserve under noncurrent |  |
| 2016-06 | 0 |  | reserve under noncurrent |
| 2016-09 | 1 | reserve under noncurrent |  |
| 2016-12 | 0 |  | reserve under noncurrent |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | reserve under noncurrent |  |
| 2017-09 | 2 | noncurrent p90 |  |
| 2017-12 | 1 |  | noncurrent p90 |
| 2018-03 | 2 | noncurrent p90 |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | noncurrent p90 |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2019-06 | 0 |  | uninsured deposits leaving |
| 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 | 1 | capital falling |  |
| 2021-09 | 2 | leverage <7% |  |
| 2021-12 | 0 |  | capital falling, leverage <7% |
| 2022-03 | 1 | AOCI drag >20% of equity |  |
| 2022-06 | 4 | leverage <7%, securities losses >30% of equity, construction >100% equity |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 3 |  | leverage <7% |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 3 | uninsured deposits leaving |  |
| 2023-09 | 3 | capital falling | uninsured deposits leaving |
| 2023-12 | 3 | deposits shrinking, uninsured deposits leaving | securities losses >30% of equity, capital falling |
| 2024-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2024-06 | 0 |  | construction >100% equity |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 1 | capital falling |  |
| 2025-12 | 0 |  | capital falling |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2019-11-09 [Pine River State Bank honored at Cass County EDC annual meeting - Bemidji Pioneer](https://news.google.com/rss/articles/CBMioAFBVV95cUxQMFdVdlJXalFlMGVqdmFHOVZBU3p4enBtdXBmRWROWXdjVEd0NW1HUThuXzFvRlRsS0l6RDFxLVVlbnFyOEFzbE0xNDBJVlJQMHhnSzZzR0FObFpTeVdDVjJNSEtqZjBaVVB1OW92c0tCZGY4eFdTeHJucFAtYXR6QnJZYWZHbU40Tkczd2trLW9xYkJEUEY0T3FyT1ZlRnpJ?oc=5) · Bemidji Pioneer
- 2014-01-28 [Demars appointed PRSB board of directors president - pineandlakes.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxOc3RXSWdtWkVuOW9CSDFEUVNqbUphdFowRnJ1Tlp5Z0t5Nllyd3FZQ3ZnYUx1VTdjSHBYdVpXcXZwTm12WXduZ0NFTV9qNGlld0dFNENSOFZqal9Db0tJVVI2Q3BJWUZBY20xRzNsZGxUOHNhUlQtSjQ0X1lmUk1PaGRtSl9uSV8xeVZGSlF5MWNGUQ?oc=5) · pineandlakes.com
- 2022-06-24 [Gary Gardiner Obituary Jun 24, 2022 - brenny.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTE12emg2UVBsZ19nd2pnZ2JPZThkbGxkdlBacEV1VWJOc2psUnBuQTg0dWR3RTRpM1NGakF4T2FjY05aa0R1QWZxbVRYaGx4dDFrdnBWTGJCNkpKeVU?oc=5) · brenny.com
- 2016-09-21 [Pine River State Bank completes fourth annual school drive - pineandlakes.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOSWRuR3F0RUdjYUhKbmVwZDF0cVFUaGl1dC1RNUt3anY2TnlGY1FpYXBnbHhNaDJGSXlGWm1IWERqbnpsNDUwcVZDVXBKODZnNWJURXljbGdaVjc4WjdHcktHa2NaZUVnamxTankwZUpDWnluQTRtMGFKVlBzVGt5c3FsUkVaVzY0MjhSMmk0OWh0Nkx5V2xR?oc=5) · pineandlakes.com
- 2021-10-05 [Barbara Beck Obituary (1958 - 2019) - Pine River, MN - Rockford Register Star - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQWERNSlMxejNIWnd4S3loQnB5WE5lYzBZTmF1cDl1eFBQeGh2VWloaHZyZ1RqdE1WWmRlaWs2Y2Qtei1OTE9PR3N4eURLblZ5bFFMZFMyR296Q3hhZnVpUGw0Y28weFZJS0E0WFdDZTFDUVUyWWYxVG5LRVoxYnBLQnVQYzlhQVdnQXc?oc=5) · legacy.com
- 2025-12-15 [John Bueckers Obituary Dec 15, 2025 - brenny.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTFBaX3F4M2xOTWNKQkJGclhydlZSU1Fyc3RtRTBvbC00bFV4ODBHQktaNk1USXdhV1pVMkNoTG96YWVmcExVS3AxUVdpdGUtQUVSRzNvQlV4bk1HM3c?oc=5) · brenny.com
- 2010-04-09 [Donations sought for Michael Korf - Brainerd Dispatch](https://news.google.com/rss/articles/CBMifkFVX3lxTE1rc19PN2s5YmoxVjFWNl9aTHlCVlBDTjZSVjdCLTJKaXRuNEc4YlJWYXJlVkJCbmtLRkNLYmswQ05zV3BjVEcyU3M4d1FyQWxsSkU3MWJKTG9WOXpkeVU1OVl0SzVVeXl0bVVBSHJUMEhnWEJTbEJ1bDBLLXAzQQ?oc=5) · Brainerd Dispatch
- 2019-07-22 [Pine River Summerfest comes alive - pineandlakes.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE9OZW1TeGV5Yl9KbjFPS2JhNEg4U3liYm1lU3dwZUIzOG1IdllQWkE3RHNxeGdDYlBIU3o5WmNMOVB3MVZSbkdRdTVnLTB3RldOTjUtd3NaSkVla2ZOUjluQzlVVjJEZ0lzWDNtMjQ2bXd4VmJnRUJGWHpVQ0s?oc=5) · pineandlakes.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10194 (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/18.json (key "10194", 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