# LAONA STATE BANK
LAONA, WI · FDIC certificate 11601 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $296.6M | |
| Deposits | $271.5M | |
| Loans and leases | $161.0M | |
| Total equity | $22.3M | |
| Loans / deposits | 58.60% (p28 of band) | 73.59% |
| Liquid assets / assets | 42.72% (p68 of band) | |
| Uninsured deposits / deposits | 26.41% (p73 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.63% (p19 of band) | 11.76% |
| Unrealized securities loss / equity | -43.78% (p8 of band) | -6.57% |
| AOCI / equity | -0.57% (p41 of band) | |
| ROA (annualized) | 0.33% (p13 of band) | 1.17% |
| Net interest margin | 3.14% (p16 of band) | 3.93% |
| Efficiency ratio | 84.46% (p84 of band) | |
| Noncurrent loans | 1.34% (p77 of band) | 0.36% |
| Net charge-offs (annualized) | 0.02% (p71 of band) | |
| Reserve coverage of noncurrent | 87.33% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 56.00% (p83 of band) | |
| Auto loans | $4.6M (2.87% of loans; DQ 1.90%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.5% | |
| Employees | 42 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **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 | 2 | noncurrent p90 |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | noncurrent p90 |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | noncurrent p90 |  |
| 2015-03 | 2 | capital falling | noncurrent p90 |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | uninsured deposits leaving |  |
| 2017-12 | 1 |  | uninsured deposits leaving |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | capital falling |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 | noncurrent p90 | capital falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | capital falling |  |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | capital falling |
| 2022-03 | 5 | AOCI drag >20% of equity, securities losses >30% of equity, NIM <2.5% |  |
| 2022-06 | 5 |  |  |
| 2022-09 | 4 |  | NIM <2.5% |
| 2022-12 | 4 |  |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity |
| 2023-06 | 3 |  |  |
| 2023-09 | 4 | NIM <2.5% |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 5 | uninsured deposits leaving |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 5 | capital falling | uninsured deposits leaving |
| 2024-12 | 5 | uninsured deposits leaving | capital falling |
| 2025-03 | 4 |  | uninsured deposits leaving |
| 2025-06 | 2 |  | noncurrent p90, NIM <2.5% |
| 2025-09 | 1 |  | reserve under noncurrent |
| 2025-12 | 3 | capital falling, reserve under noncurrent |  |
| 2026-03 | 4 | losing money, expense ratio p90 | capital falling |
| 2026-06 | 2 |  | losing money, expense ratio p90 |

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

- 2020-09-23 [Laona State Bank Robbery Of 1951 - WXPR](https://news.google.com/rss/articles/CBMifEFVX3lxTE02VWY5RXF4SmdQU2xIb0lFaVBvRzZfN1ZxY2k1d1IzWjlHbkQ5X0xqOWVEY0l1cW1yYVI0aE5RWXNlZFk2OHVWUFlWREQ4aV92dEgzMkNqMHpmVnhSWHlQZmlWeDhsMUNtbGw1WXd3VTJYNDctZmgwd0N3YVQ?oc=5) · WXPR
- 2019-04-26 [Laona State Bank builds new office in Lakewood, aims to open in July - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOMVdIVVBiU2RBaXFwSnp1SWM4QmhCM1FQbjRXaU83TXdvY1pUeF9IZXhiRGFiMVlYTXppenhONkRqbVBrSDRLN0dObDFJTU9zZnFWM0xHWnNfUUhpZFBWanZ1VDA2bTA2Qm1iYXpYb25YRHl3WWh2X0hkNXE5eDdYR09sX0FLSDd4ck9LTFdpSUE0V2l0SnY5TjVWUXlETnA2bkZicXlzSEV3NWZGUmo2WlhPdV9Rd05qSWlLM1lvT1M0ZFZhX3hScFJWWlNQdlpBRk9uT1h1MTlNaDFuTlBIaHlKQQ?oc=5) · Green Bay Press-Gazette
- 2025-04-07 [ATM THEFT: Suspects at large after heist at Three Lakes bank - wjfw.com](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNb2tfa2hvbW9pTUxzOFc0cllmc0pYeGpBTnAyNEtZVXRHX2pGZ0VZUk90QXItdVZieXBUVzQzT25aZkxDOTB6NGl1c0RLX201UWhnbTh5SVlmb1hOakVQZDB2YUw5QUFUV1lzeHFwelpoMlNNTzZJa0kxRmlnVl9ESjVlQ0FWQ2g1QlkzWTNHOVRVM3Y3YU9KR2ZIQlRuaFRBdUlVNGRpc2tFWXpYLTVtVUVWNW1ZUUNzOFNCRWNHUE9JVFpFZXVKMThucVBhMzFQLVdyZDJURUY?oc=5) · wjfw.com
- 2024-11-21 [Ex-fire chief charged with $111K theft from Lakewood Fire Department Association - WLUK](https://news.google.com/rss/articles/CBMivwJBVV95cUxPNGR1Sm5xMTFTSklpZXhubm03cFhpX0U1Q1d2STVyNGlTLUJHam9QUXZIZm92TVl3VHVTbTV6ZVVaTFJET0tDN2RzLXNxQlF4TktYSDBjTXk4TDBzdUF3VzRUTUExSXM0cnBpeHJuVUdXNW5kRzZQRVVtTm5ua1FMVWl1d1dCRHhKbktZU0ZydUs5YWY2cW8wNkZtU2dfWmtMZzE4SFVXSE9TT2owLVI3YVd1OWNmRFRpZ3lVNlFvQkptRGtwWEtXV21ld0FfS2UwbV9QWjl3WXpCSEpwWTRLeldzRU5NWkcySTRJMm4taWZPZ2dwMl9kajR0MGJpcDB6RndRUUdyZFNMX3BuQjRPUmxLOWlkb1E4bXhNQVBJdElMVVVJX2NnbTVUcThvOVR4S055ZERyRm0ydVFobFpv?oc=5) · WLUK
- 2021-10-20 [Joseph Renkas Obituary (2008) - Rockford, IL - Rockford Register Star - Legacy obituary](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPUEIxU3J0aG1nazZmenVHTjNNSEVmcVU4R21vSjRSTE1ad3pZV1QtLWtibVZ5bjNpTnRtakh1T3NUdFZUakJUbDNNOC1NQWtWTG1kdVRSb0o2cklQcHBHQnlibUZvcVZ4dWF6dFpVdURrb0NycmdfYkhyR1RCMl9YWDdVajN6ajRDY29v?oc=5) · Legacy obituary
- 2019-01-16 [Three Oconto County communities losing banks - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMiywFBVV95cUxNS0dBeG9ldFJIdFpPbmdkcmtPZnUxVVA5YUdUMnBlWjVCMTYwRkJUSlB2VEQyNWZKZVg2Sy02TnJ4Zks1dXNVN1RvTzVNV0dJSTFfYVF3TWE1YVhfRTVxZzNOVDI0eXlWaS0tQi1GdGtWUjhlcGxoN1FJdGVuMGtSYUtRaVVqSEw3eVBySXdFN1FHZXNkOThydHB5eGtnLTQ5WE5zMTY2ejdiT1VJbS04UUNONFJJbTdiaDlDNkcta2I4b2V1NjlyTnZrdw?oc=5) · Green Bay Press-Gazette
- 2023-12-31 [Myrna Lou Wilson Obituary (2023) - Crandon, WI - Weber-Hill & Packard Funeral Home - Crandon - Legacy obituary](https://news.google.com/rss/articles/CBMigAFBVV95cUxNVWh4eWZ4TkQxUWpjU2VNdGRFOEYtNVNBMG9oenJ4QXVRS3NMdkpNdGtxVWFjY3ZuRnZsekVrSkNiVi1Oa2R3YWlzWjUzb0F2dk1ETkc4MmhkSFNsUTNUaDl6UktXRUdDNV9HaVRkQ1BYX2lxdFlpdGpqVmpOaGJnWA?oc=5) · Legacy obituary
- 2026-07-08 [David Meyer Obituary (2026) - Crandon, WI - Weber-Hill & Packard Funeral Home - Crandon - Legacy obituary](https://news.google.com/rss/articles/CBMif0FVX3lxTE5Ib0V2cDZFQV9hemhTVGJzNUJpa3g3b29VWlJ2TURMMFBKYVpOSTlLZVRFQmREdUlwZVZreU1qUTRodHkwV0RUQlhKZlh3SmxieHVpOUEwSVhQa1NaSHNMTjE5bmZLN290OWp5TTJ0cC01NjU4Zy12cUxnYm1PVXc?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11601 (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/17.json (key "11601", 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