# FIRST STATE BANK OF BIGFORK
BIGFORK, MN · FDIC certificate 10991 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. 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 | $117.4M | |
| Deposits | $101.3M | |
| Loans and leases | $80.9M | |
| Total equity | $13.2M | |
| Loans / deposits | 78.80% (p60 of band) | 73.59% |
| Liquid assets / assets | 29.60% (p43 of band) | |
| Uninsured deposits / deposits | 11.26% (p18 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.55% (p57 of band) | |
| FHLB advances / assets | 1.55% | |
| Tier 1 leverage | 11.33% (p44 of band) | 11.76% |
| Unrealized securities loss / equity | -1.60% (p72 of band) | -6.57% |
| AOCI / equity | -0.81% (p32 of band) | |
| ROA (annualized) | 1.10% (p46 of band) | 1.17% |
| Net interest margin | 4.20% (p64 of band) | 3.93% |
| Efficiency ratio | 65.54% (p49 of band) | |
| Noncurrent loans | 6.39% (p98 of band) | 0.36% |
| Net charge-offs (annualized) | -0.06% (p4 of band) | |
| Reserve coverage of noncurrent | 21.92% | |
| Real estate % of loans | 74% | |
| Construction % of loans | 40.02% (p73 of band) | |
| Auto loans | $4.7M (5.77% of loans; DQ 3.86%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.5% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **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 | 3 | capital falling, noncurrent p90 |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 2 |  | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 3 | capital falling |  |
| 2015-09 | 3 | uninsured deposits leaving | capital falling |
| 2015-12 | 2 |  | uninsured deposits leaving |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 3 | loans exceed deposits |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 2 |  | loans exceed deposits |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | capital falling |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 2 |  | capital falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | charge-offs p90 |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | charge-offs p90 |
| 2024-03 | 3 | uninsured deposits leaving |  |
| 2024-06 | 2 |  | uninsured deposits leaving |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | charge-offs p90 |  |
| 2025-03 | 3 | capital falling | charge-offs p90 |
| 2025-06 | 3 | charge-offs p90 | capital falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | charge-offs p90 |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2025-03-14 [Bigfork’s Backwoods Bots upgrades alliance to regional win - Grand Rapids Herald-Review](https://news.google.com/rss/articles/CBMi3gFBVV95cUxONVJhSDRPaTFkcUFvWW42SEhOaVQ3OE5mM2RTNWdIUklRWVo2UXlzbjFtSDhnTFZ6UVBvYjlNWTJXNFBpLTU4Q3RydHNzVlI4bVdGSjZCLU4yUC1FZ2FfcGotS25LMkdWODlWMGRycUZVd3Q2MWhSRG85T3FqWV93aS1mM0xLbVZNTmJJUHRhSWhURzFMUjhRSlFuQXFLTktSTkVMai1JU2hCSksxeG80dTdPZHduNVVKT1dOQzdvMWYwLTY1dkh6djlONzRBdmNzNlFsWi1HUWVENlM4T1E?oc=5) · Grand Rapids Herald-Review
- 2012-12-10 [Armed robbery at Kelliher bank - Bemidji Pioneer](https://news.google.com/rss/articles/CBMidEFVX3lxTE1wakwtZElCVi1ucTBCb1UzdUVreWRuOTlwMHZTMndTTTB0V0llTU9FY2syOG5qZmVlYWF2dkltRm1JeVJEZmszUDBrS09pVlpxN0RLOHV4M3VsYXE3NUZiUElmdXFzbWpRWkQ4V3lmQ19rS0J1?oc=5) · Bemidji Pioneer
- 2012-12-13 [Two arrested in Kelliher bank robbery - Detroit Lakes Tribune](https://news.google.com/rss/articles/CBMid0FVX3lxTE43dkotaUlIV0ZRb2ZIa0pRVGU1SWw3Rjc3WldLVjFJUzliSFRuTFdIWGlDZ1FCNGFuSXFUMjhiN0ItbGJ2MEJ0UXVLb3piek1rczZjYWhGenFDLWcyT2d1Z2tPY2NQeGNvVE9fcWo2NDByRHNKNnhN?oc=5) · Detroit Lakes Tribune
- 2024-11-26 [Bonnie Cole Obituary (2024) - Bigfork, MN - Grand Rapids Herald-Review - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPNmstV1dJZWVobnJuSUxYUDJFTU12UG5SOElFTXRJQ2gzSkZwVE95QnVBZURZbnRSNjJfd2kweVpOVzVST2NNZ0pwaU1RbnJoX2V0b002MldORGlKZmRnanZRTy02SlRMSmU1M3k2S2xLQ2k3bEJKU2JEc0dSQ0NMWFZ3ejZOMXhaRklWYXZPblJEdw?oc=5) · legacy.com
- 2013-02-18 [Cabin Fever Reliever fundraiser to feature Modern Day Mountain Man - Grand Rapids Herald-Review](https://news.google.com/rss/articles/CBMi5gFBVV95cUxPRkJJQ21oS01IcXlVMnlELWNXYWtqTG4xOE9mWGhqQmItUmFwRnhibDdLUjYwWjBwTS04aU1Vc3EtTE91UzJpcVh6S2w2YnU4WmZCWVpOUHhsMjRxUzEzVEpuT1psa25yYWZ5NE9MdmhqbklPamF5NnlxVjhQdFRabnppeExzbXJwanAtcDlFc3lETnJCUFB4UkZKTjN6alFtblJaVHI4RUVyYWpWb3g4MDdLaDlsZUJzMHVmdnVIa2lGWnJja294U1RuWEcwQ1N2N0RxaU9NWlUybEQ1Uy04T25pRGhRQQ?oc=5) · Grand Rapids Herald-Review

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10991 (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/47.json (key "10991", 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