# STATE BANK OF DELANO
DELANO, MN · FDIC certificate 10198 · asset band <$300M · latest filing 2018-06 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $93.6M | |
| Deposits | $84.3M | |
| Loans and leases | $39.5M | |
| Total equity | $8.2M | |
| Loans / deposits | 46.18% (p12 of band) | 76.78% |
| Liquid assets / assets | 54.32% (p86 of band) | |
| Uninsured deposits / deposits | 9.45% (p23 of band) | 15.22% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.20% (p17 of band) | 11.19% |
| Unrealized securities loss / equity | -3.23% (p42 of band) | -2.38% |
| AOCI / equity | -1.05% (p54 of band) | |
| ROA (annualized) | 1.11% (p58 of band) | 1.00% |
| Net interest margin | 3.27% (p22 of band) | 3.78% |
| Efficiency ratio | 69.09% (p49 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.57% |
| Net charge-offs (annualized) | 0.00% (p40 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 78% | |
| Construction % of loans | 16.11% (p49 of band) | |
| Auto loans | $731,000 (1.85% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.5% | |
| Employees | 20 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | leverage <7%, losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 6 | noncurrent p90, construction >100% equity |  |
| 2011-09 | 7 | capital falling, expense ratio p90 | construction >100% equity |
| 2011-12 | 7 |  |  |
| 2012-03 | 4 | assets shrinking | losing money, charge-offs p90, capital falling, expense ratio p90 |
| 2012-06 | 4 | losing money | assets shrinking |
| 2012-09 | 7 | expense ratio p90, charge-offs p90, assets shrinking |  |
| 2012-12 | 5 |  | charge-offs p90, assets shrinking |
| 2013-03 | 4 | assets shrinking | losing money, expense ratio p90 |
| 2013-06 | 6 | deposits shrinking, uninsured deposits leaving |  |
| 2013-09 | 4 | AOCI drag >20% of equity | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2013-12 | 3 |  | noncurrent p90 |
| 2014-03 | 1 |  | reserve under noncurrent, AOCI drag >20% of equity |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | charge-offs p90 |  |
| 2016-03 | 0 |  | leverage <7%, charge-offs p90 |
| 2016-06 | 1 | uninsured deposits leaving |  |
| 2016-09 | 2 | deposits shrinking |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | deposits shrinking |
| 2017-06 | 0 |  | uninsured deposits leaving |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |

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

- 2018-08-07 [CorTrust Bank acquires bank in Minnesota - SiouxFalls.Business](https://news.google.com/rss/articles/CBMieEFVX3lxTE56VXN0M3NXblRMMUtoMkY3TjNVSEtGbjVRMGI2T1lzRzd0OThoSkpfVWpPQWtKWFdfbkFVdFRPTlJJeENlaTZOdnVPOFB3Zko1VVNTdk5WWU96NV94M1A4ZW5jVDRkZDZYZFVzRnZ6LVF2cngwQjNZZg?oc=5) · SiouxFalls.Business
- 2025-01-15 [Remembering the life of Justin Dean Feldmann - Star Tribune](https://news.google.com/rss/articles/CBMigAFBVV95cUxOQWNKNXBxcDQ3eU5Id1UtNGRya3c0U3RUbVEtWjRUamY2SjZKM1BWRkRjNXN2ZlJXSnZwUkU5OWtZRFc0Y1hZVW1ibmJRWmNiWE10c3pSVWFwUmVUUHY3ZU1BTDFNQ2hVbmhXcHc2YUI5bzNaUUN2MHVWanhsYk9RUg?oc=5) · Star Tribune
- 2020-02-13 [Rep. Tom Emmer on the rise in Washington and winning friends on Wall Street - minnesotareformer.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxQcGEyUTRpeFVXWWc4MWk2SmxRV3QtZUstX1pGLWo5SWJEM3hjajh4bzJoY1BVdXgyNlRvUkc4bmJLUTFMeFBOdXdUMTZnN2l4YnozWGk3Y0xTSEh0T194NlhsT1M2VUlxWmdPenNEc05pV3NYSmR6NkMtMUdEWWJJR0dGRS1rdGRBd0VXVTlKcDBjb0pQbV9Ca0QwaGFfQ3VlMHFiSEo2azBIZVhQSS1uMXZKdkpaRTQ?oc=5) · minnesotareformer.com
- 2010-07-31 [Donald William Epple - thepetersonchapel.com](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1SbldaQ2ZZVjdpTEJtOU93QjM3V2dzclhjTGhFenJhVFNqWDA3X2NOOGZtN2doNTlkOUoyUktaVDNRMllPaTN1ZzF4MHVmYVpEcVdGSFdlMnk4QWhmak1KNQ?oc=5) · thepetersonchapel.com
- 2016-07-22 [Mark Dayton will reprise his statewide tour - Pioneer Press](https://news.google.com/rss/articles/CBMikAFBVV95cUxQajZ2N1RPcGU5QTJXWDZoMGtlaEZYVWtGelZpZGJpMkFwVVBBVEc0RGNhcHhxSlJueTBnNkk3MHR0bzhlU2FtRWtnN3hrUUtla0VhR2NTaERHa0R3X0hmMUVVc0h0UFh0NnRueUx1WTZSNVBaS1VhVDZfR0o2TVkyZmpZTVdqOWdoYTdnc1EtZVI?oc=5) · Pioneer Press
- 2021-10-01 [Clifton Simon Obituary (2020) - Pequot Lakes, MN - Redwood Falls Gazette - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxQVFFuQXh3eVkzZ1Z2ZUQ5b2luMmtGa2VyQjFnbGNDamY0Y083NU15OFNfY1hsdS12M2xKS09TMTVFMUU5Rkx1VjZvN0RYMnpBdUh0OWZpX3VBcDI1aDdoVUQ5cVNjbXBfS0VTUnhRNDFkZXZRVU8yNnhSSE5lMnF1ZUdUZGpsdXFZYlh1MlBTbVIxZGUxa3pzS3NkVQ?oc=5) · legacy.com
- 2017-08-23 [Butch Automatic to twang a musical time machine - hometownsource.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOd21zZ3drSHhESmdMU3A2NVU2eHR3c2JzaXB5R1B3MU01RVMwbEF4YUtndXlpR2ptTl96b0Q4N0p3RGhoSm1lbWJGZTZFd1Q4V0dsY0J1S1dFN1VlTnNmNERFU3JkR3diNFlWV0ZCallOSVo5bG5VenlvYnlGUW9LTnlCUkx3RVRMSmJSVTNxRDhnNURMVmF2LWQwazloMXF6VjhpTnBHT2ZfSTZhZDRDdF84QjE5Yng3US1sNlQyUzVXa2RtRFlLcmJGSk9RUFVqeWlpdFhNOWpiQjdqOHJYeTh2S2JFWlZpQUE?oc=5) · hometownsource.com
- 2018-03-11 [Notice of Delinquent Taxes - faribaultcountyregister.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxPZERUUUU5QW1oV1g1S0pIaTBSZ0dEczF3b09aRW01US1BYVpheFpQWWxLRVhFWFlKTjJvcGxrVWx4UDd1T2RocENGaWtDMjdUMjIwSlE1cEFvaVRrUS1WUXV5d3BUaVY2aENQZDNSTERmcTlvdGhXOWxxTTF6RHotVHlIX0Zzd3YwU01waVU5WkQtMGFPcjI5aw?oc=5) · faribaultcountyregister.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10198 (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/22.json (key "10198", 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