# FARMERS STATE BANK
BERTRAM, TX · FDIC certificate 10712 · asset band <$300M · latest filing 2013-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $29.1M | |
| Deposits | $24.5M | |
| Loans and leases | $12.3M | |
| Total equity | $4.5M | |
| Loans / deposits | 49.59% (p19 of band) | 68.67% |
| Liquid assets / assets | 54.68% (p82 of band) | |
| Uninsured deposits / deposits | 4.23% (p13 of band) | 11.61% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.08% (p86 of band) | 10.18% |
| Unrealized securities loss / equity | 8.94% (p98 of band) | -0.21% |
| AOCI / equity | -1.50% (p62 of band) | |
| ROA (annualized) | 0.51% (p32 of band) | 0.77% |
| Net interest margin | 3.62% (p52 of band) | 3.59% |
| Efficiency ratio | 92.95% (p86 of band) | |
| Noncurrent loans | 0.00% (p5 of band) | 1.13% |
| Net charge-offs (annualized) | 0.07% (p60 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 74% | |
| Construction % of loans | 10.49% (p41 of band) | |
| Auto loans | $651,000 (5.28% of loans; DQ 18.13%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -9.2% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## 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 | uninsured deposits leaving | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2012-12 | 3 | uninsured deposits leaving |  |
| 2013-03 | 3 | expense ratio p90 | uninsured deposits leaving |
| 2013-06 | 2 |  | expense ratio p90 |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10712 (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/24.json (key "10712", 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