# FIRST SECURITY BANK WEST
BEULAH, ND · FDIC certificate 10253 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $75.2M | |
| Deposits | $66.5M | |
| Loans and leases | $21.5M | |
| Total equity | $8.5M | |
| Loans / deposits | 31.97% (p8 of band) | 73.59% |
| Liquid assets / assets | 69.72% (p94 of band) | |
| Uninsured deposits / deposits | 25.68% (p71 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.87% (p62 of band) | 11.76% |
| Unrealized securities loss / equity | -15.74% (p29 of band) | -6.57% |
| AOCI / equity | -0.75% (p34 of band) | |
| ROA (annualized) | 0.78% (p29 of band) | 1.17% |
| Net interest margin | 3.40% (p25 of band) | 3.93% |
| Efficiency ratio | 72.54% (p66 of band) | |
| Noncurrent loans | 4.65% (p97 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p61 of band) | |
| Reserve coverage of noncurrent | 26.30% | |
| Real estate % of loans | 65% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $353,000 (1.64% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.5% | |
| Employees | 9 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | deposits shrinking, assets shrinking |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 0 |  | deposits shrinking, assets shrinking |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 2 | deposits shrinking, assets shrinking |  |
| 2014-03 | 0 |  | deposits shrinking, assets shrinking |
| 2014-06 | 1 | uninsured deposits leaving |  |
| 2014-09 | 0 |  | uninsured deposits leaving |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 2 | reserve under noncurrent, assets shrinking |  |
| 2017-03 | 0 |  | reserve under noncurrent, assets shrinking |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | reserve under noncurrent |  |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 2 | deposits shrinking, assets shrinking | capital falling |
| 2019-09 | 2 | reserve under noncurrent | deposits shrinking |
| 2019-12 | 4 | capital falling, deposits shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2020-03 | 0 |  | assets shrinking, capital falling, deposits shrinking, uninsured deposits leaving |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | reserve under noncurrent |  |
| 2021-06 | 3 | losing money, noncurrent p90 |  |
| 2021-09 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2021-12 | 4 |  | deposits shrinking, assets shrinking |
| 2022-03 | 6 | AOCI drag >20% of equity, charge-offs p90, assets shrinking | losing money |
| 2022-06 | 6 | capital falling, securities losses >30% of equity | uninsured deposits leaving, assets shrinking |
| 2022-09 | 4 |  | charge-offs p90, capital falling |
| 2022-12 | 4 |  |  |
| 2023-03 | 5 | losing money, charge-offs p90 | AOCI drag >20% of equity |
| 2023-06 | 4 |  | losing money |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | securities losses >30% of equity |
| 2024-03 | 3 | securities losses >30% of equity | charge-offs p90 |
| 2024-06 | 5 | capital falling, charge-offs p90, deposits shrinking, assets shrinking | reserve under noncurrent, noncurrent p90 |
| 2024-09 | 1 |  | securities losses >30% of equity, capital falling, deposits shrinking, assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | charge-offs p90 |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 3 | capital falling |  |

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

- 2023-02-16 [Former Beulah bank president gets 5 years for bank fraud; 3 others also sentenced - KX News](https://news.google.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?oc=5) · KX News
- 2023-02-16 [Former Beulah bank president sentenced to two years for bank fraud - KFYR-TV](https://news.google.com/rss/articles/CBMimgFBVV95cUxPcGRfT3llNkJSVGk2V0RJVHNHN3M1enFUdUR5X28tTk9MNUxGdXYzeHJUNDZDUXBSMG1pTXdkLW5pLW5KUkpNOWcxUk1nM19xUTYwQ1BLLXpKV1ZIVlVSV3ViQnZFWXpsMXlrQUZrcjV3SThGaFE4b2JISFhtclF4UDFEdWN6Z1VOZEo1Q29xX2g1TFVDUGNLM21B0gGuAUFVX3lxTE1sTEtzdGstQ2pwaUZrSmNyN2Q2UVoyT3dQdXQtbEZtSXpFY2EyMG5qcGpsV25rYzR1RzdkSjZyU3IzQzdMc2RjQVFzM2o2UFZNSnZRU08zbV9wODZhb2FzOW95MUVJQlpCTE9QRjhmOWtqSTl0U0FhZHEtcWlLTUtrWEp5R3plTXdoVVJubnhmWk1LWTlVbmk0blloRUJoNmlXWmlNRERpMlBKSGZRdw?oc=5) · KFYR-TV
- 2021-09-29 [Merchants Bank To Celebrate Decade Of Service To Fairview Area Oct. 6 - roundupweb.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxOdkNjX3gyWVdSY1NZbEJBMk00YWE2dlVoVElyRVVvdndQbzhlSGtwVzZaUkZSZ2hNaFdBMktZampKNG95RkdIWVB0TVg5cjQ3eE5kcGJFeU9oZHk0Z1pFT2FmZFBVR0g0eWFxUTVQaW9Bb2NFQlY4eEtiTHc4NzliOWQ1ajJBb1pKS0I0enl1Z1FaXy1UbGNlaHFrQW5qMlctRDNoRTR0Ulo4a3h1MWVsY25oQldRemNIQVdDcTNvUDhnNkp3Zmlj?oc=5) · roundupweb.com
- 2010-09-22 [Dennis Ruel Brown Obituary Sep 22, 2010 - Eckersell Funeral Home](https://news.google.com/rss/articles/CBMibEFVX3lxTFBsYmZZb0EzZ09sZlFNSUVZbFJfdnNWMUwzbEJYNHJwOGZWaWIxTGMtY185WDQ4RVh4SmJEOHhhZUZnZjJwLVUzX0d5ZWFmeG1mNjc0RDRYSVJZa04yZ2lVQTh5dVdkMUd3aWJGcw?oc=5) · Eckersell Funeral Home
- 2022-05-17 [Merchants Bank celebrates Mapleton office grand opening May 23 - InForum](https://news.google.com/rss/articles/CBMimwFBVV95cUxPaEY2Rmx2RlcyZXd3ZHpIZzMtcC0xeDhyZEFFb3VMbnhmUzZMbXltcHQyWVRiMWJJZWFrcmF4aWV2Y3dvR0gyd1UyYjBpN092SHBGekNoRWJTSkNYNG9vWVJ6ajFkUUNGUkg2U1ZSRGt4Mk90czNPd3RFc1pibTlXMUswWlRPT3NySGJfUC1SNnFaR1g5cGZHRXBzTQ?oc=5) · InForum
- 2021-01-29 [Obituary for Francis Pulver Jr. - Barbot Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTFBhcjdDQUQ0dm1ZcmZ6VF92bkxIUnMyRHM2MGV2V1FyM3lieFBtbkpxckVBZEJ0cU1YcHRYSWVYaTkzN1hMME1seFBMNnVUZ0dMdGc1LUdWQURzT3QyTXJScmZ2RGNuTVhIV3Bv?oc=5) · Barbot Funeral Home
- 2014-06-16 [Obituary for Paula Goldmann - Barbot Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9ZeFg3TDZkelU3ZnRuM0c5TXFZbXJZanNhM1d1R1NiYkpPUEh3S2dRM3NJTnNhODVndTdIVUQzTGVTbEh2SG9nM3hUWkZZTzlWMmxNY2dVRUx6cmoyd0wtRUJNd1RkRlhl?oc=5) · Barbot Funeral Home
- 2004-03-23 [Douglas Dettmann Obituary (2004) - Beulah, ND - The Bismarck Tribune - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxOcE5DVFZsaER5T0hFRjE3dkpraFk2TWRodXBUMWJhV3RpMGlRZlZKODQydG1ER3llM3RWRjhNRzg5dnVfYzFhVDBIZ0dERWJJTWk3UW5QNXhmcWZ1UVFvaHNOcGVZNzRxMDM3SVR2dzQxZEU4d3RLR08yY2NCaUM4bXZ4N2luSVNJOTNYdzVRQVNvZWtSODdpeHNR?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10253 (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/13.json (key "10253", 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