# PEOPLES STATE BANK OF VELVA
VELVA, ND · FDIC certificate 10250 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $210.0M | |
| Deposits | $184.4M | |
| Loans and leases | $152.6M | |
| Total equity | $18.5M | |
| Loans / deposits | 81.75% (p65 of band) | 73.59% |
| Liquid assets / assets | 25.53% (p33 of band) | |
| Uninsured deposits / deposits | 27.24% (p75 of band) | 19.81% |
| Brokered deposits | 6.72% | |
| Wholesale funding | 9.46% (p84 of band) | |
| FHLB advances / assets | 2.74% | |
| Tier 1 leverage | 9.31% (p15 of band) | 11.76% |
| Unrealized securities loss / equity | -3.73% (p61 of band) | -6.57% |
| AOCI / equity | 0.47% (p94 of band) | |
| ROA (annualized) | 1.58% (p72 of band) | 1.17% |
| Net interest margin | 3.82% (p44 of band) | 3.93% |
| Efficiency ratio | 56.80% (p27 of band) | |
| Noncurrent loans | 0.10% (p35 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p60 of band) | |
| Reserve coverage of noncurrent | 1201.91% | |
| Real estate % of loans | 53% | |
| Construction % of loans | 36.71% (p70 of band) | |
| Auto loans | $1.4M (0.91% of loans; DQ 0.00%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 22.1% | |
| Employees | 19 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | reserve under noncurrent, uninsured deposits leaving | capital falling |
| 2012-12 | 1 | construction >100% equity | reserve under noncurrent, uninsured deposits leaving |
| 2013-03 | 0 |  | construction >100% equity |
| 2013-06 | 1 | reserve under noncurrent |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 0 |  | reserve under noncurrent |
| 2014-03 | 0 |  |  |
| 2014-06 | 2 | loans exceed deposits, construction >100% equity |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | loans exceed deposits |
| 2015-03 | 0 |  | construction >100% equity |
| 2015-06 | 2 | loans exceed deposits, construction >100% equity |  |
| 2015-09 | 3 | liquid assets <10%, capital falling | construction >100% equity |
| 2015-12 | 5 | charge-offs p90, reserve under noncurrent, construction >100% equity | capital falling |
| 2016-03 | 1 |  | loans exceed deposits, liquid assets <10%, charge-offs p90, construction >100% equity |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 | assets shrinking | reserve under noncurrent |
| 2016-12 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2017-03 | 2 |  | charge-offs p90 |
| 2017-06 | 1 | loans exceed deposits | assets shrinking, reserve under noncurrent |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | charge-offs p90 | loans exceed deposits |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 3 | liquid assets <10%, reserve under noncurrent |  |
| 2018-12 | 1 |  | liquid assets <10%, reserve under noncurrent |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | capital falling |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | capital falling |
| 2021-09 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | AOCI drag >20% of equity |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | noncurrent p90, reserve under noncurrent | AOCI drag >20% of equity |
| 2023-06 | 1 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | charge-offs p90 |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | capital falling |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 | charge-offs p90 | capital falling |
| 2025-06 | 0 |  | charge-offs p90 |
| 2025-09 | 1 | capital falling |  |
| 2025-12 | 0 |  | capital falling |
| 2026-03 | 0 |  |  |
| 2026-06 | 1 | capital falling |  |

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

- 2026-04-10 [ND SBDC Advisory Board and Its Vital Role - ND Small Business Development Centers - University of North Dakota (UND)](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPOGVjQjBkdUZwUGVNSXBWUFR5QktRNm1UdXRuTGktcjdvRGYzLV84WldNTm9SM0NsazgtNGJrMTA0WU1oeTRuakNteDZEdnM5cng1S0d0Q0VIXzZfZlJaTjM1Qzl0ald6WHR1RUlPYmhWbWN3U2pqcDEwNkllNDFSRlVuZEtEYlk4dFBwRllIX01UN2JSeDFTSEd4V0N2LUZuQ2V4NlZlNFp4TVhaZE5JTFduYXdrYzNxVnYyQURRMjA?oc=5) · University of North Dakota (UND)
- 2024-04-09 [April 2024 - ND Small Business Development Centers - University of North Dakota (UND)](https://news.google.com/rss/articles/CBMibkFVX3lxTFBqMHVXQ0hiWnhzOTY0UjJhOTJxWVhKcFpSVzJCWEVsT1gyQm1TRUlKa3FiSjJmOUJyU2VwbU8waU1ySmxmLXQ1Z3B2NWZONElIVmV3UjVUZUw1RURjWU5KaFBzZ3FsZTBhSUtBbGpR?oc=5) · University of North Dakota (UND)
- 2008-01-24 [Jonathan Florence Obituary (2008) - Legacy obituary](https://news.google.com/rss/articles/CBMihwFBVV95cUxQMjUxel9aeUhqTHJQS2E1QVdQQ3RfS2Y1V1V4Um5fVFc5TVQwcFg2UEc4WWxLMkpWOTJjZnZMdnZTT21vNVJNS2J4SXMwYmdzVVp4VDhmVXl4c0RFSGFQMmRrZXZQcXp4enAxMUtYbUdVdzJmTkhLVEs5S01XY0F6bjR3ekFaYk0?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10250 (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/10.json (key "10250", 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