# FLATWATER BANK
GOTHENBURG, NE · FDIC certificate 10639 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $367.7M | |
| Deposits | $320.8M | |
| Loans and leases | $275.6M | |
| Total equity | $29.7M | |
| Loans / deposits | 84.72% (p58 of band) | 82.04% |
| Liquid assets / assets | 21.29% (p36 of band) | |
| Uninsured deposits / deposits | 18.50% (p23 of band) | 25.97% |
| Brokered deposits | 20.33% | |
| Wholesale funding | 24.01% (p96 of band) | |
| FHLB advances / assets | 3.68% | |
| Tier 1 leverage | 9.38% (p20 of band) | 10.81% |
| Unrealized securities loss / equity | -16.04% (p29 of band) | -8.10% |
| AOCI / equity | -1.85% (p9 of band) | |
| ROA (annualized) | 1.27% (p50 of band) | 1.28% |
| Net interest margin | 3.55% (p31 of band) | 3.91% |
| Efficiency ratio | 58.06% (p40 of band) | |
| Noncurrent loans | 1.76% (p86 of band) | 0.43% |
| Net charge-offs (annualized) | 0.02% (p63 of band) | |
| Reserve coverage of noncurrent | 79.03% | |
| Real estate % of loans | 39% | |
| Construction % of loans | 43.44% (p50 of band) | |
| Auto loans | $4.0M (1.45% of loans; DQ 0.68%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 21.0% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **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 | 1 | capital falling |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | uninsured deposits leaving |  |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 | wholesale funding >15% | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | brokered >10%, capital falling |  |
| 2015-03 | 2 |  | capital falling |
| 2015-06 | 3 | charge-offs p90 |  |
| 2015-09 | 2 |  | brokered >10% |
| 2015-12 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-03 | 3 |  | wholesale funding >15%, charge-offs p90 |
| 2016-06 | 1 | brokered >10% | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-09 | 3 | wholesale funding >15%, charge-offs p90 |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 | capital falling | wholesale funding >15%, charge-offs p90 |
| 2017-06 | 2 | reserve under noncurrent | capital falling |
| 2017-09 | 3 | uninsured deposits leaving |  |
| 2017-12 | 2 |  | brokered >10% |
| 2018-03 | 1 |  | reserve under noncurrent |
| 2018-06 | 2 | wholesale funding >15% |  |
| 2018-09 | 1 |  | uninsured deposits leaving |
| 2018-12 | 2 | brokered >10% |  |
| 2019-03 | 5 | capital falling, charge-offs p90, reserve under noncurrent |  |
| 2019-06 | 5 | noncurrent p90 | charge-offs p90 |
| 2019-09 | 4 |  | capital falling |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | uninsured deposits leaving |  |
| 2020-06 | 4 |  | wholesale funding >15% |
| 2020-09 | 3 |  | uninsured deposits leaving |
| 2020-12 | 4 | charge-offs p90, uninsured deposits leaving | brokered >10% |
| 2021-03 | 1 |  | reserve under noncurrent, noncurrent p90, uninsured deposits leaving |
| 2021-06 | 2 | noncurrent p90, reserve under noncurrent | charge-offs p90 |
| 2021-09 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | noncurrent p90, reserve under noncurrent |
| 2021-12 | 2 | charge-offs p90 | deposits shrinking, assets shrinking |
| 2022-03 | 3 | AOCI drag >20% of equity, noncurrent p90, reserve under noncurrent | uninsured deposits leaving, charge-offs p90 |
| 2022-06 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2022-09 | 2 | securities losses >30% of equity |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | capital falling | AOCI drag >20% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | wholesale funding >15% |  |
| 2023-12 | 3 | brokered >10% | securities losses >30% of equity |
| 2024-03 | 4 | securities losses >30% of equity |  |
| 2024-06 | 2 |  | capital falling, securities losses >30% of equity |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | capital falling |  |
| 2025-03 | 2 |  | capital falling |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 5 | capital falling, charge-offs p90, reserve under noncurrent |  |
| 2026-03 | 5 | noncurrent p90 | charge-offs p90 |
| 2026-06 | 3 |  | capital falling, noncurrent p90 |

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

- 2026-06-01 [KRVN 880 – KRVN 93.1 – KAMI - UPDATE : Ansley and Broken Bow ATM Thefts Remain Under Investigation - Rural Radio Network](https://news.google.com/rss/articles/CBMimAFBVV95cUxNUDNYVGV1X2NaWndMOWZYM25Ub2VtdzhJalVvNG9RbkJkY3ZJX21jYWFyRDhQMTdyVm9JV2pfYk5qMW5yUUNBeVpZV1Q2eElmRWJ3Wm52YWY5QUNUbzBBdkhxdl9sRUw4RW9maXI4bXVQVkFTSVhCZXdwc25HOXRkNXRjZ3YtTVFUZVRKdjBaaDFJYTVscGQ0Tg?oc=5) · Rural Radio Network
- 2022-03-22 [Q&A with Nebraska CARET delegate Amber Burge - IANR News](https://news.google.com/rss/articles/CBMicEFVX3lxTE9ZSGdjdEgtb3FGTFRsUngwakptM001STBtYzNjd014X3hmV2Rjdl9UNVFQR1ZQZkhjYjBET0VaMS1makpwX1hIVmhrc3M0RzNwSW1zNGNtU2pZb3JDVGtKV0hwa1B1X1dTd0paSDd6SjA?oc=5) · IANR News
- 2026-02-26 [Former Nebraska lawmaker Matt Williams to lead statewide business chamber during transition - Nebraska Examiner](https://news.google.com/rss/articles/CBMixwFBVV95cUxQT0pfdEVxZUFuSDRVTDBSYkpDclJsSVNYc3VDOTdVOUU4ZjdFamxSdy1PVnlXWlBJY280cnNOcVJydHZIQjg5T0xnd0RCU1JKYmRKNHEwSDlHVThCR0tZeEhEbXN2Nkt3ZUhJWDBRQWZaVlUxeTZYODN4LVVmQXFzX3E2WEdjZkJiVkdQYTVhY3U1THJubjF3M1N6NzlGX2tsMnhIOWhPOHJLVUk1LU96R1FrRFUxNUZTNHJ0bk5LRXhCcUtDaVVB?oc=5) · Nebraska Examiner
- 2026-02-27 [Former State Senator named interim president of Nebraska Chamber of Commerce - Central Nebraska Today](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNdmc2QS1zbUZMTVp6NnV4UlVwZGh4SWc3SUg3U3haU05ua3BrNHdqcDhRZUVTMmdzb0dZcFdiRnNnaTlIdDktMUFtdFRxWnR6UzlQdGlHbXZnX25UX3FDM2lCSEcyOVJsX1dCWUNYN2NwR2hBOE5tbW1hLVpIT0tKVXI5LWFMLXlTY1RYYlBYU2JUS2NiOWVnMnl0MGROYkFwRkxYZThhR1RkMVBjNlhzcm1KUV81ZTVOb2ZPSjNQUDJJNjA?oc=5) · Central Nebraska Today
- 2023-10-06 [Three Gothenburg Families and Two Banks Recognized at Impact Center Ceremony - Rural Radio Network](https://news.google.com/rss/articles/CBMisAFBVV95cUxPS1EyVFdjcDJNTjE0cm5NVlVLckw2UzZCakZQMlBvbkNjSTg0MkdPMElyVWdzakYzNGt1SnVrNy1meWFnTXpzUkNBbllrcGVkSTVKc3F5Vk1Id3pvT2thSXpsOHNuS1dTaHNWdVBiWkNxLTFBa01mLTZHNzlOS05RTEdMZWU0WmxrUDZPMGw3VFFhZjZvMDAyakJ2RTc2cXh6ZU9ET0hGT2VENzk0SE1XMg?oc=5) · Rural Radio Network
- 2026-04-02 [City of Kearney announces Cottonwood Fire fence drive to support affected families - Central Nebraska Today](https://news.google.com/rss/articles/CBMiywFBVV95cUxQM28td2hUclpfR1M3Qm00U2FRNXhRbk8xbWp6enpfc1ZPU3J1c1o5alhodG9XVjJ0NjdySy1JVVZQR05VeWQ4SWxUcEJ6V0tkaWxEMVJyaGNDZFRmRTF1MVBiNEI5b1QyV0x1c1dPd1Y0V29FWjlmYW5jbEEzOHVWUlZ1MU8wVV9FSm1mMnYwc2xTNmVsQThTWkx3a216NnFsOEdkUS14UjQ1NnNiNHVBMG56SDh5TWtzQjI2SGEtS1FJaEpORFg1VDlmZw?oc=5) · Central Nebraska Today
- 2024-11-25 [Nebraska Business Hall of Fame to gain five new members, including two former state lawmakers - Nebraska Examiner](https://news.google.com/rss/articles/CBMiyAFBVV95cUxObTdTVXYxWlZ5cU43TW5kX3MzdjBCVDNJdVV4cmh0bDVjNkdRQ2xvX0I5LUdYMm42Z1RRbTNrN3ZrNW1iWXJqUTRpb3BuY2p2VVR1S3l2bUZ2TzMtMTBWMThQZmR6WWVPTU5pWkZHRWh4V1R4YTlRalJRT0lOZU1KTTMzaXFicjN5Y1AtYUZKVHV3V3RCVm01cFg4a3VXYlRkQ0plaVlkOEgtNXBycDNGVGhmWFBDNVBUdFJndVR3WjFpZWVPTlF2MA?oc=5) · Nebraska Examiner
- 2021-05-07 [Kathryn Smith Obituary (2021) - Lincoln, NE - Lincoln Journal Star - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQMHNPaFlYdXp2bHB1bzFKWV9nSWZweXJvRGdYV2Y2djQ5MGZqVHdBT016MnFVQlZsUHRWY2txMTEzbDJlZUszaV9SZ3RrbUlhUmo2dE5oZVZFTUlSRWUxOWo5eGluNXBlZ0hPNDFLVTFneXg4dUl0QXBGbFdPalk5T3g0Nm1LXzMtblgxMHduRXo?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10639 (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/15.json (key "10639", 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