# STATE BANK OF ALCESTER
ALCESTER, SD · FDIC certificate 1116 · asset band <$300M · latest filing 2017-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $122.9M | |
| Deposits | $98.7M | |
| Loans and leases | $88.0M | |
| Total equity | $11.2M | |
| Loans / deposits | 88.32% (p72 of band) | 76.19% |
| Liquid assets / assets | 26.24% (p41 of band) | |
| Uninsured deposits / deposits | 6.06% (p12 of band) | 14.99% |
| Brokered deposits | 7.24% | |
| Wholesale funding | 17.54% (p94 of band) | |
| FHLB advances / assets | 10.30% | |
| Tier 1 leverage | 8.92% (p14 of band) | 11.02% |
| Unrealized securities loss / equity | 0.24% (p59 of band) | 0.02% |
| AOCI / equity | 0.69% (p46 of band) | |
| ROA (annualized) | 0.84% (p46 of band) | 0.90% |
| Net interest margin | 3.22% (p24 of band) | 3.71% |
| Efficiency ratio | 74.98% (p62 of band) | |
| Noncurrent loans | 0.04% (p19 of band) | 0.62% |
| Net charge-offs (annualized) | 0.01% (p51 of band) | |
| Reserve coverage of noncurrent | 2247.22% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 4.42% (p27 of band) | |
| Auto loans | $3.1M (3.56% of loans; DQ 0.38%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.5% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 2 | loans exceed deposits |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 1 |  | loans exceed deposits |
| 2012-06 | 3 | loans exceed deposits, capital falling |  |
| 2012-09 | 3 | uninsured deposits leaving | capital falling |
| 2012-12 | 2 |  | loans exceed deposits |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | loans exceed deposits |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | loans exceed deposits |
| 2014-06 | 2 | uninsured deposits leaving |  |
| 2014-09 | 3 | loans exceed deposits |  |
| 2014-12 | 2 |  | uninsured deposits leaving |
| 2015-03 | 2 | capital falling | loans exceed deposits |
| 2015-06 | 2 | reserve under noncurrent | capital falling |
| 2015-09 | 1 |  | reserve under noncurrent |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | capital falling, reserve under noncurrent |  |
| 2017-06 | 1 |  | capital falling, reserve under noncurrent |
| 2017-09 | 1 |  |  |

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

- 2017-08-22 [Last Democratic majority leader, '78 governor candidate, dies - Argus Leader](https://news.google.com/rss/articles/CBMizwFBVV95cUxPUW81bkRMd1lnRUFkYWswUjdsTmgtWFBjSmZaTS0xbGlTRVNKSzdnUEl6dWgtYWRKT1dkdzRUdjZNUmFld3dESVNFSjBaeWtWeTlTZEVGazRheHk0YWROMmQyNzFlMDB0blZENVR2V0RmTm1mUWdDbWRuLVBWV2FuWV8wTzdPdFE1Vi1kUUZ0dm0ydGFEbWsyYWx6bXJicmt0MERYR2h2Z01za2VZeGVGUEk0N0ljZDhXWWE5OUxFak1TcGlUeXp2UVVINzZTNDA?oc=5) · Argus Leader
- 2017-03-13 [South Dakota gives back - Agweek](https://news.google.com/rss/articles/CBMiYEFVX3lxTE11Y29pbEM1NG9TNzlwU0F6VkFYRkpmYk9ucER2SF90ZkpZeUw3QWprSzk3TWlRZ2FHQ2Q3RU53VDEtcWtQSDRCR2djZXh6Y2IwbkJpZ2JrSDYycExTRGF0RQ?oc=5) · Agweek

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1116 (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/28.json (key "1116", 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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