# RARITAN STATE BANK
RARITAN, IL · FDIC certificate 10438 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $253.9M | |
| Deposits | $223.6M | |
| Loans and leases | $189.7M | |
| Total equity | $28.8M | |
| Loans / deposits | 84.06% (p69 of band) | 73.59% |
| Liquid assets / assets | 23.75% (p29 of band) | |
| Uninsured deposits / deposits | 7.25% (p7 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.78% (p36 of band) | 11.76% |
| Unrealized securities loss / equity | -0.78% (p80 of band) | -6.57% |
| AOCI / equity | -0.23% (p57 of band) | |
| ROA (annualized) | 1.06% (p44 of band) | 1.17% |
| Net interest margin | 3.56% (p32 of band) | 3.93% |
| Efficiency ratio | 59.51% (p34 of band) | |
| Noncurrent loans | 1.67% (p81 of band) | 0.36% |
| Net charge-offs (annualized) | 0.15% (p90 of band) | |
| Reserve coverage of noncurrent | 55.00% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 1.83% (p22 of band) | |
| Auto loans | $9.6M (5.08% of loans; DQ 3.20%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.2% | |
| Employees | 40 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **charge-offs p90** (`aq_nco`)
- **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 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | uninsured deposits leaving |  |
| 2014-12 | 1 |  | uninsured deposits leaving |
| 2015-03 | 2 | deposits shrinking, assets shrinking | reserve under noncurrent |
| 2015-06 | 2 | noncurrent p90, reserve under noncurrent | deposits shrinking, assets shrinking |
| 2015-09 | 1 |  | noncurrent p90 |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | capital falling |  |
| 2017-06 | 2 | noncurrent p90 | capital falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 4 | charge-offs p90, uninsured deposits leaving |  |
| 2018-03 | 1 |  | noncurrent p90, charge-offs p90, uninsured deposits leaving |
| 2018-06 | 2 | uninsured deposits leaving |  |
| 2018-09 | 2 | noncurrent p90 | uninsured deposits leaving |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | capital falling |  |
| 2019-06 | 2 |  | capital falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | capital falling |  |
| 2020-06 | 2 | charge-offs p90 | noncurrent p90, capital falling |
| 2020-09 | 3 | noncurrent p90 |  |
| 2020-12 | 3 | capital falling | noncurrent p90 |
| 2021-03 | 2 |  | charge-offs p90 |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 2 | noncurrent p90, reserve under noncurrent | capital falling |
| 2022-09 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | noncurrent p90 |
| 2022-12 | 1 |  | reserve under noncurrent, securities losses >30% of equity |
| 2023-03 | 1 | charge-offs p90 | AOCI drag >20% of equity |
| 2023-06 | 1 | uninsured deposits leaving | charge-offs p90 |
| 2023-09 | 0 |  | uninsured deposits leaving |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | reserve under noncurrent |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | charge-offs p90 |  |
| 2025-06 | 1 |  | charge-offs p90 |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | capital falling |  |
| 2026-06 | 3 | charge-offs p90 |  |

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

- 2026-07-03 [Star-Spangled Celebration with Full Day of Events in Raritan This Fourth of July - Radio Monmouth, IL](https://news.google.com/rss/articles/CBMirgFBVV95cUxNd1dOdlhFWXhaTldsN2luVWZqLS1LM294OFQyU0s1Qk54MjVfWnhFQy1qQVA0NWVWZy1GQXdUNDNZMWkxQ0dhWlpiUWlEUHlvMklWZ1F6WnJUNVlkekZWa3RZZkx1NkRyYndQTFA1WmRnZXhSYmd1WGk2aHhKUWo3RFlwdC1NZnZjNDhhcVhUN1d6eE1rWFpoSV9ab213WXJrODVZOG1WV21aOXcyWlE?oc=5) · Radio Monmouth, IL
- 2026-08-20 [Obituary for Paul VanArsdale (Aged 78) - Newspapers.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQTHFha3E1TUctbmFyWHdWR205blhmTXh1T1lrOHBORFFtRjI3NWRaNEZmYjE4R3lLUS15bTJjeWtNa3NBaWlIT092UzhBUVpoODdkNk5LQ3dnMkc0MTBMcVN0a3ZYVGJCRmIwUG9EbkxWZkZ6NWNMa0JaR2NnX1NpQ3ZudUg2Y0VQZDBnXw?oc=5) · Newspapers.com
- 2025-04-29 [Amelia C. Rosenberry Obituary - Galesburg Register Mail](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5zLWtVRGlCYUZSX3hxNEdZTVdHcUh6U0I5TFBBZ0doQ2pIRHBrblJLaFJGVkhXZGE4RWhDNWdrcHdLSEMzQzlBRm41bmh1TVAwSW9YQkhtYUh4ZVBS?oc=5) · Galesburg Register Mail
- 2019-07-09 [Family of Illinois woman honor her and share details of her passing - KWQC](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNSjBhTjdtbTdjRVN2M1VZT012aTVJUE05X2NEN2RybGFnTkxRcTZlaE9VUmV1Y2htV1htZXp6MW82NWxwY3AxaUtwUXpETHY4aVRHRUR0bWdqSU9PdzJzZzVRMDI4OXlSMzNoRGhUQU5tcVVZWkNmVXZYTmhHOWhBWnNkRjVHREpSODNJdGxoN1BnaDlnUFExT3ROV21MdWFZdHczelVRYXhGMGRfOW9ZNjAxeDRqSk5O?oc=5) · KWQC
- 2024-10-08 [Tucker Peterson Obituary (2002 - 2024) - Stronghurst, IA - Mississippi Valley Publishing - legacy.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOeFR1ZkpkZFpod3Ytb3dmUi0wLUliWXJfMFI4QlRVVVZqR1JfNHR1M09EZG9yX3RxbGFLeUgwZE9ib2lOa0hQclhhQTdBUXlmUlNLem4zMWZuNFBWX3pBQ3ZmUWxrUzBvMGZKWGVoczNDR1Y5U0s5YTJoVE1Nc2tXemE3ZTdXZFJvSG1KMGtsX1NHUVgtdktJVTZxZG9fajJ2TUtVLWplcGt5Zw?oc=5) · legacy.com
- 2017-05-04 [24 to be ordained permanent deacons, two transitional deacons on May 20 - The Catholic Post](https://news.google.com/rss/articles/CBMirwFBVV95cUxPal9QckhvZkwwZDFzLUVLRnRJekJyaHVRbTNpemtYS1lPRjVoa2dKYTZ1UW92ME11NmtMeE1YR0NhX2VwLWtidUJwdVVGRUhxRUx1NjlEN19Hc3pWLXF2T2FaUGZQNjl3WTRtc3dmWnBvcDlyekUtbmRqbk1COWtIdGVqMUxJUER4eUdCMWpxRDFFSEJiZ0xJWmVXb2hockw5Sl9RcUZFSXBkbTd1bmFF?oc=5) · The Catholic Post
- 2019-07-15 [Russell, Brittany Nicole - WGIL](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1HUlhJT3NDVXJzWlRlcE9uODVYQTNBTFNsYTVqX1dyaU9pZnVhT1JKMFZPOGNhTTBSaWhCSDh1aVlCZlNUUUZEa2tLc08tS1NmUjdUMWlQQUFBWEFleWM5Rlg3dXhmclU?oc=5) · WGIL
- 2020-12-19 [Alice Brokaw Obituary (1928 - 2020) - Stronghurst, IL - The Register-Mail - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNWV80NWFEcXROd200MXZQWXA0VnZiSXlLb0dOZFFhVG1XeGRKZTNBMHQxRjZEQzVucUFCR3hUR19KOGxhU0F0V3J5dTJvWW1wbFdUU3ItSGhWNTBoODBiRnI5ZlVMMlVzVTZWR2NZcEVSNUU0NkxIWjNWUE1LcGJZYmhXajExdEFMTUhTR0I1bWdOQQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10438 (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/6.json (key "10438", 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