# FIRST STATE BANK OF FORREST
FORREST, IL · FDIC certificate 11669 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $328.3M | |
| Deposits | $280.3M | |
| Loans and leases | $276.2M | |
| Total equity | $29.4M | |
| Loans / deposits | 97.59% (p86 of band) | 82.04% |
| Liquid assets / assets | 13.59% (p13 of band) | |
| Uninsured deposits / deposits | 12.21% (p7 of band) | 25.97% |
| Brokered deposits | 3.25% | |
| Wholesale funding | 8.73% (p73 of band) | |
| FHLB advances / assets | 5.48% | |
| Tier 1 leverage | 9.06% (p14 of band) | 10.81% |
| Unrealized securities loss / equity | -1.55% (p82 of band) | -8.10% |
| AOCI / equity | -0.16% (p62 of band) | |
| ROA (annualized) | 0.81% (p22 of band) | 1.28% |
| Net interest margin | 3.68% (p37 of band) | 3.91% |
| Efficiency ratio | 65.28% (p62 of band) | |
| Noncurrent loans | 1.83% (p87 of band) | 0.43% |
| Net charge-offs (annualized) | 0.39% (p95 of band) | |
| Reserve coverage of noncurrent | 51.50% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 13.92% (p18 of band) | |
| Auto loans | $6.7M (2.42% of loans; DQ 5.81%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.1% | |
| Employees | 54 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **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 | 0 |  | reserve under noncurrent |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | loans exceed deposits |  |
| 2014-09 | 1 |  | loans exceed deposits |
| 2014-12 | 2 | loans exceed deposits |  |
| 2015-03 | 1 | reserve under noncurrent | capital falling, loans exceed deposits |
| 2015-06 | 1 | loans exceed deposits | reserve under noncurrent |
| 2015-09 | 4 | liquid assets <10%, capital falling, reserve under noncurrent |  |
| 2015-12 | 3 |  | liquid assets <10% |
| 2016-03 | 2 |  | capital falling |
| 2016-06 | 3 | liquid assets <10% |  |
| 2016-09 | 2 |  | liquid assets <10% |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | liquid assets <10% |  |
| 2017-09 | 4 | capital falling, charge-offs p90 | liquid assets <10% |
| 2017-12 | 4 | noncurrent p90 | charge-offs p90 |
| 2018-03 | 2 |  | loans exceed deposits, noncurrent p90 |
| 2018-06 | 3 | loans exceed deposits |  |
| 2018-09 | 2 |  | capital falling |
| 2018-12 | 3 | noncurrent p90 |  |
| 2019-03 | 2 | uninsured deposits leaving | loans exceed deposits, noncurrent p90 |
| 2019-06 | 3 | capital falling, charge-offs p90 | uninsured deposits leaving |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | capital falling |
| 2020-03 | 2 |  |  |
| 2020-06 | 1 |  | charge-offs p90 |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | reserve under noncurrent |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | charge-offs p90 |  |
| 2023-06 | 3 | loans exceed deposits, reserve under noncurrent |  |
| 2023-09 | 1 |  | charge-offs p90, reserve under noncurrent |
| 2023-12 | 0 |  | loans exceed deposits |
| 2024-03 | 2 | loans exceed deposits, capital falling |  |
| 2024-06 | 2 | reserve under noncurrent | capital falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | noncurrent p90 |  |
| 2025-06 | 3 | capital falling | noncurrent p90 |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | capital falling |
| 2026-03 | 2 | charge-offs p90 | loans exceed deposits |
| 2026-06 | 2 |  |  |

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

- 2020-09-25 [Our Town Mahomet: First State Bank of Forrest - WCIA.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxPcHdEUVVlR0lITTdrSTZhUWxCQTAxclVGblFzUDd3bnV2ZzVVbTRVNDNTbkpvYklMMU5aSU13LVhZQ2VnWGNJNjVaSmFONmtvVlpHX2hjcWNSV19GOHpiTmhpcXJpMDU0VDJqWTVPaFNDX01oeDNFOFQ4dTlHZkViR2tJd0p4T24zRXhxOXJzU0VCNXp5eDBJclZ4RFpacEpGSk85WFgtSdIBrAFBVV95cUxOOHRQbDBURDh6eHdnWGdzTzY2WWRRWmdKVTNOUkZCcXJQdnRuNTZiandVSWhNckNvbHBzbUZzRVA1RFhFRjd2R0Y3bEFrQ0prY3M5aFlZemcxcldDYWcyYi1MWUZFZXhLNmJoQjEyT29zN1NoTlZadEh6QUc2SlduYlhZYlBINTViTVlEUWZqUTlQbjlLNmU4T2RINWFtNFZUZ1NhSjVrWHNmVV9S?oc=5) · WCIA.com
- 2022-08-05 [Montgomery headlines stage acts at 146th Fairbury Fair - Pontiac Daily Leader](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQeXFqZ1BwSHpHWUtJQkppVXE5NHNPZnFVdFd1MEJCX1ZTdDRTSXBYVGVYVTZFOFhGeklYaXlobEpfZnJqUlBkZHBMX081RG1HMjRGVGx2eWFpbVNONEJsQXRiMWFycWdhY1QtZkd3WGxvVXcwT2YyNHlPVE51S1V4OWxvQ2RhUTBmYmVIRERjYlp4eklzT0FkTnRjUGtWNWozUXQ5VmtfUWIyWXJ0TWpxNmQ5TmVTS3NjbG5fX2tGZzRjaXlTQ0RNTWc0VXJmWERpenc?oc=5) · Pontiac Daily Leader
- 2012-01-08 [Leo Palen Obituary (2012) - Peoria, IL - Peoria Journal Star - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxNV00ySEF5dTVUVEJCVy1GMkdUZ3QwUVB5V2ZYUFM5V0t6dG1ndUZEZkk4ODVWZ21nTlJ0WVpZYUxtYjIwTEItWjd3c1BjLWJUejFUc01oTDZKTVlpamhaZEdXeS1iVEtNbkVSZXZRR3B5MFVmd1l0V0hCMUpzM2F3V3pDZTRBUQ?oc=5) · legacy.com
- 2022-08-25 [Speed Week: Wyatt Harms living a dream come true - Pontiac Daily Leader](https://news.google.com/rss/articles/CBMizwFBVV95cUxOYzYtcGVlZ0NyUndkdGR2TTlpLUJ0RXBXSmp3RmNicjdwMEl4RDFCOEV2SDdZSUZwaWM1MERieEtEbzR4SWx4blFaTUVuQ3A3MFRTUVBxenZKS2p6XzFmYlJ0ZlFxWWhiR0JOa292WURsdFVrTl91S19mNlVwMVFRcmFrdTVGNnY0M1V6dlJpR0VPOHJKQmZWem5sREl0NTNJRVdYbDFpRXVMMGpMbmF5YldHVWEzUlI2d3F3ZnZWRlZCWHlQaG1YSVU5STJPOWc?oc=5) · Pontiac Daily Leader

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11669 (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/21.json (key "11669", 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