# INDEPENDENT FARMERS BANK
MAYSVILLE, MO · FDIC certificate 11462 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $146.5M | |
| Deposits | $131.9M | |
| Loans and leases | $88.3M | |
| Total equity | $11.9M | |
| Loans / deposits | 66.15% (p39 of band) | 73.59% |
| Liquid assets / assets | 37.68% (p59 of band) | |
| Uninsured deposits / deposits | 23.45% (p63 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.77% (p58 of band) | |
| FHLB advances / assets | 1.77% | |
| Tier 1 leverage | 10.53% (p33 of band) | 11.76% |
| Unrealized securities loss / equity | -45.08% (p7 of band) | -6.57% |
| AOCI / equity | -0.38% (p50 of band) | |
| ROA (annualized) | 1.13% (p48 of band) | 1.17% |
| Net interest margin | 4.34% (p70 of band) | 3.93% |
| Efficiency ratio | 63.59% (p44 of band) | |
| Noncurrent loans | 0.66% (p61 of band) | 0.36% |
| Net charge-offs (annualized) | 0.04% (p78 of band) | |
| Reserve coverage of noncurrent | 183.79% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 3.36% (p26 of band) | |
| Auto loans | $1.0M (1.15% of loans; DQ 5.21%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.4% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## 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 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | AOCI drag >20% of equity |  |
| 2014-03 | 1 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 1 | reserve under noncurrent |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 0 |  | reserve under noncurrent |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | charge-offs p90 |  |
| 2017-06 | 0 |  | charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | reserve under noncurrent |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | reserve under noncurrent |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | charge-offs p90 |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | charge-offs p90 |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | AOCI drag >20% of equity |  |
| 2023-12 | 1 |  | AOCI drag >20% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | charge-offs p90 |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | charge-offs p90 |
| 2026-03 | 2 | capital falling |  |
| 2026-06 | 1 |  | capital falling |

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

- 2026-05-01 [Obituary information for Rich Claycomb - Meierhoffer Funeral Home](https://news.google.com/rss/articles/CBMidEFVX3lxTFBwVzk1dFNfTkp0MnltYkN5d0xOc2lpMGpoUmd4ZF9jZDVBQXNFOWVrMHJNZ2FkWmlmLWxGWXVsZzdYMzhocW41cWxUWDFXNFFUN2V4Rm4wLV8tbW1ZNmtPaFpDb0dzWTZWNXYweHZRbFZvTV9t?oc=5) · Meierhoffer Funeral Home
- 2024-09-13 [Donnie Jackson Obituary (2024) - Maysville, MO - Turner Family Funeral Home - Stewartsville - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOT2NlYTI1WXFuMUNLVVNYNl93QmpiNkFORDRPeE9KLUNlWTlsRl90bFFiNWJsanpJcWNlVEo3ZUctSmVFUEZpMGIxYTRZV3BYWHctdHJrTzZYZ2xaOG0tZGZaU0ZpaDI5eU5YQXdPeFdHNGp6M2p1Y3pEM0lVa3Zvblp6dw?oc=5) · legacy.com
- 2022-11-23 [Michael Burnett Obituary (1976 - 2022) - Maysville, MO - Chillicothe News - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxPUjlKeDRNd1JMUFMybUNkb19xNjhabmV4WWRZRURlYnBRcXZYcVJrWUpkMld2NVhBT0RGcmdkdGNwZ3hjN2xDeU5FV3ZfbzhzRmc4eTh5NUhDZjNkaEpocWhidjhobmNWaU5uejlUVjZHX2pBRmFicnNKU0tLOEFQX0pTbENjTXVLc1Iyai15Vm1BekI5RGk2LS13?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11462 (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/6.json (key "11462", 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