# FIRST STATE BANK OF OLMSTED
OLMSTED, IL · FDIC certificate 10437 · 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 | $78.4M | |
| Deposits | $68.4M | |
| Loans and leases | $51.5M | |
| Total equity | $9.7M | |
| Loans / deposits | 74.67% (p52 of band) | 73.59% |
| Liquid assets / assets | 32.85% (p50 of band) | |
| Uninsured deposits / deposits | 18.97% (p47 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.57% (p59 of band) | 11.76% |
| Unrealized securities loss / equity | -6.44% (p51 of band) | -6.57% |
| AOCI / equity | -0.75% (p34 of band) | |
| ROA (annualized) | 1.21% (p53 of band) | 1.17% |
| Net interest margin | 3.74% (p40 of band) | 3.93% |
| Efficiency ratio | 58.60% (p32 of band) | |
| Noncurrent loans | 2.09% (p86 of band) | 0.36% |
| Net charge-offs (annualized) | 0.02% (p69 of band) | |
| Reserve coverage of noncurrent | 43.37% | |
| Real estate % of loans | 67% | |
| Construction % of loans | 9.80% (p38 of band) | |
| Auto loans | $1.3M (2.46% of loans; DQ 4.89%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.5% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2017-11-22 [A tale of two cemeteries, in Pulaski Co., IL - KFVS12](https://news.google.com/rss/articles/CBMihwFBVV95cUxOU3ZxNmZOczBCcDlwdTdHZEN6d2c1UGxaOGpLbnNmVU5uS1A1TGJQTkQxbDlhSkZDYlFzTzhxYlQ5QjNXSE9xVk5RczZvdi01RU9tYWlZNWxqelY4eE5ZbWk1bmdwYk5jX0FVSXRVemVyOUpGM21mV1hPRDFyMjQ0YVpCeUc5MmvSAZoBQVVfeXFMTjN4Nzc2N3NwRjhqVTJ2WmdfZnFUU3V2cnI1ajdKUDBKLWI2S0VkM05UOG56R1Y5enlNaHN3MVU3SFdxNTVuclZTN1NZZldNbko1TlhfNXpsNkFxM0pwZURTcmZKNUtDc2thV0lucGdXRExZZVVSNnNLYzVZX00yRVZJV1c2ZUxfSmhSOU5rYjFMQVJDMHJjNGZ2Zw?oc=5) · KFVS12
- 2006-04-26 [Rodney Britt Obituary (2006) - GRAND CHAIN, IL - The Southern Illinoisan - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPRzhsazRRdEptQkU2cUppY244RTY3WndjWXNYV211SmtVc2taQjByYmp0eTZvb01qck5VTy1OblEzbDZ6VE9icUs0QmJwS1lzenk4SkRKZzRqNlVVNGM3elQ1cE9Jb2t5TkJ2MmVVcUVOTXpRSGxONHhsdW51VFYzNWxuQWcxVVlIRE9vQ0dIaDU?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10437 (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/5.json (key "10437", 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