# GARNAVILLO SAVINGS BANK
GARNAVILLO, IA · FDIC certificate 10898 · asset band <$300M · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $40.5M | |
| Deposits | $35.3M | |
| Loans and leases | $36.5M | |
| Total equity | $3.2M | |
| Loans / deposits | 101.87% (p93 of band) | 73.61% |
| Liquid assets / assets | 9.79% (p4 of band) | |
| Uninsured deposits / deposits | 4.72% (p11 of band) | 13.65% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.89% (p65 of band) | |
| FHLB advances / assets | 4.89% | |
| Tier 1 leverage | 7.97% (p6 of band) | 10.70% |
| Unrealized securities loss / equity | 0.00% (p20 of band) | 0.86% |
| AOCI / equity | -2.07% (p3 of band) | |
| ROA (annualized) | 0.84% (p50 of band) | 0.84% |
| Net interest margin | 4.36% (p85 of band) | 3.64% |
| Efficiency ratio | 66.52% (p35 of band) | |
| Noncurrent loans | 2.08% (p80 of band) | 0.69% |
| Net charge-offs (annualized) | 0.27% (p90 of band) | |
| Reserve coverage of noncurrent | 78.52% | |
| Real estate % of loans | 52% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $755,000 (2.07% of loans; DQ 0.00%, NCO 0.03%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.7% | |
| Employees | 6 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 1 |  | charge-offs p90 |
| 2011-12 | 1 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 1 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | noncurrent p90 |  |
| 2014-06 | 1 |  | noncurrent p90 |
| 2014-09 | 2 | loans exceed deposits |  |
| 2014-12 | 4 | liquid assets <10%, charge-offs p90 |  |
| 2015-03 | 6 | noncurrent p90, deposits shrinking, uninsured deposits leaving | charge-offs p90 |
| 2015-06 | 5 |  | deposits shrinking |
| 2015-09 | 4 | charge-offs p90 | noncurrent p90, uninsured deposits leaving |

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

- 2015-06-09 [Community Savings Bank merges with Garnavillo Savings Bank - Dyersville Commercial](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQbEotR05tWVR4SjZkQ3hYYUphTHdGXzd5U29hdW1XVW16Smg3S002ZjMzdmxydXpSeWFObVcwX1N0cVphTHNNbUgwbUlPV25peHVhTjhUVk9RQjBJRmVlMkxRYTNEc25rVUd3S1NGMnBwMWVsa2g1ZWxoNDdodEJfWEFYN2Zwa2h3U2wtVTVzLVAwVmdzRGtBa3I2dzdPUkFIX251X1RnTkhWZjVKYkJkdms0S1VmdTlxUTU3WEdZOWNjeHBxMXh2RE5TdFlxeGtQNWpPNlFGUmt4QzhubHc?oc=5) · Dyersville Commercial
- 2016-01-11 [Linn County State Bank sold - thegazette.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxNOVF0X3VQbXdNVWxzdF9GRDVPT0lNNWVqaDR6eE03VTZIcnJ0QzI5eHRoTDBsR0FjOUo5Sm1OMkZfYjRvSE9iOWVHSnVpNTIzREJfdW02ODVjd3JXRFlCdWJkV1h6LW1Od2hPZDQyVTJZLUhVYnlNRFB0SXNrVUNhRW5aQlNiZVFsOTJ4Zk82UmxEZDJ2Mm1IS0hkLVBzZDMyWmNKbzRLUlhPLWd0dExEeUYzQQ?oc=5) · thegazette.com
- 2021-07-22 [Janet Ann (Guyer) Portman Obituary Jul 22, 2021 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMic0FVX3lxTE9KcWRPRVpwTEl6dWdCYnJoNjY0enJfZmxEemYxcGN5cjhraXVmVXh0MXJJbmRQOXotdzRjUWhBeXlkX0piUHQ1SFdUVGZqNnA4WE53YnhkQUJKamkxeTQzcklOQTBrQzVBa3ZVTTd4eWd0dEE?oc=5) · Murdoch Funeral Homes &amp; Cremation Service

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10898 (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/18.json (key "10898", 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