# STATE BANK OF HERSCHER
HERSCHER, IL · FDIC certificate 11671 · asset band <$300M · latest filing 2025-03 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (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 | $156.6M | |
| Deposits | $139.4M | |
| Loans and leases | $66.5M | |
| Total equity | $16.3M | |
| Loans / deposits | 46.89% (p18 of band) | 70.65% |
| Liquid assets / assets | 51.63% (p78 of band) | |
| Uninsured deposits / deposits | 23.03% (p63 of band) | 19.26% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p22 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.31% (p68 of band) | 11.50% |
| Unrealized securities loss / equity | -49.26% (p12 of band) | -11.46% |
| AOCI / equity | 5.43% (p90 of band) | |
| ROA (annualized) | 0.97% (p48 of band) | 1.00% |
| Net interest margin | 3.41% (p38 of band) | 3.68% |
| Efficiency ratio | 63.84% (p38 of band) | |
| Noncurrent loans | 2.49% (p91 of band) | 0.28% |
| Net charge-offs (annualized) | 0.00% (p43 of band) | |
| Reserve coverage of noncurrent | 69.10% | |
| Real estate % of loans | 74% | |
| Construction % of loans | 11.80% (p41 of band) | |
| Auto loans | $30,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $280,000 (2% of equity) (p96 of band) | |
| Deposits YoY | -2.5% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | leverage <7%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 | losing money |  |
| 2011-09 | 3 |  | leverage <7% |
| 2011-12 | 4 | charge-offs p90 |  |
| 2012-03 | 2 |  | losing money, charge-offs p90 |
| 2012-06 | 6 | leverage <7%, losing money, expense ratio p90, charge-offs p90 |  |
| 2012-09 | 10 | leverage <5%, capital falling, assets shrinking |  |
| 2012-12 | 10 |  |  |
| 2013-03 | 11 | deposits shrinking, uninsured deposits leaving | expense ratio p90 |
| 2013-06 | 9 |  | capital falling, uninsured deposits leaving |
| 2013-09 | 11 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2013-12 | 11 |  |  |
| 2014-03 | 11 | capital falling, expense ratio p90 | charge-offs p90, AOCI drag >20% of equity |
| 2014-06 | 12 | charge-offs p90 |  |
| 2014-09 | 12 |  |  |
| 2014-12 | 12 | uninsured deposits leaving | securities losses >30% of equity |
| 2015-03 | 13 | securities losses >30% of equity |  |
| 2015-06 | 9 |  | capital falling, expense ratio p90, uninsured deposits leaving, securities losses >30% of equity |
| 2015-09 | 3 | NIM <2.5% | leverage <7%, losing money, leverage <5%, assets shrinking, deposits shrinking, charge-offs p90 |
| 2015-12 | 4 | deposits shrinking |  |
| 2016-03 | 2 |  | NIM <2.5%, deposits shrinking |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 3 | uninsured deposits leaving | capital falling |
| 2017-06 | 2 |  | uninsured deposits leaving |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | capital falling |  |
| 2018-03 | 2 |  | capital falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2018-12 | 2 | capital falling, noncurrent p90 |  |
| 2019-03 | 0 |  | capital falling, noncurrent p90 |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2020-09 | 4 | capital falling, charge-offs p90 |  |
| 2020-12 | 2 |  | reserve under noncurrent, charge-offs p90 |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | capital falling |
| 2021-09 | 1 | charge-offs p90 | noncurrent p90 |
| 2021-12 | 1 | capital falling | charge-offs p90 |
| 2022-03 | 1 |  |  |
| 2022-06 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, noncurrent p90, reserve under noncurrent | capital falling |
| 2022-09 | 5 | assets shrinking |  |
| 2022-12 | 3 |  | reserve under noncurrent, assets shrinking |
| 2023-03 | 3 | charge-offs p90, assets shrinking | AOCI drag >20% of equity, noncurrent p90 |
| 2023-06 | 2 |  | assets shrinking |
| 2023-09 | 3 | reserve under noncurrent |  |
| 2023-12 | 2 |  | reserve under noncurrent |
| 2024-03 | 2 | deposits shrinking | charge-offs p90 |
| 2024-06 | 3 | noncurrent p90, reserve under noncurrent | deposits shrinking |
| 2024-09 | 4 | deposits shrinking |  |
| 2024-12 | 5 | assets shrinking |  |
| 2025-03 | 3 |  | deposits shrinking, assets shrinking |

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

- 2024-10-29 [Community rallies around injured friend, shares message of road safety - FarmWeekNow](https://news.google.com/rss/articles/CBMi6wFBVV95cUxQQm5KV2VfMlc1anZMQlZnbXYtcERaT0RENnpqNHB0SnRjTVd3NFdnZ0tZYl9rNDQxa0RSdENucFJFRVptVFNjUXRKU0tqYlI3VzVHd3ROczM1WS16UzZsNVZGcUxHTmR4b0J4bkpOYjRiRVYwdXB0Wm1QMWF4dkpBanpQbExXNE5lb09sUF9fV044aDBmTm1SUENVN0tJMkZmTXNCREpGWUI1Q2wzSG40UW16Y3dUanVwUUxocGwwcnJkOTMxZVJ3bUZoT0x6Mml3OEFjVkV4MHBZUzRhRzlodzk0U0g3ZjVNUXJB?oc=5) · FarmWeekNow
- 2026-09-03 [Herscher Labor Day festivities set - Shaw Local](https://news.google.com/rss/articles/CBMijwFBVV95cUxNbWU5Zk94YjVmQzBqWkxXdkhYbjF3cWQ5aVdlNTNlY3hOUWp3d1JqblBKb3FJZ0hoblI5YUpFeGFGSlV3UFpJN0c2b1dMNnZNZnBDZU8zTUgwczNnSFowSlE0NGhlMmpIS0FVUlYyZnNUeFh3d2pGMTZZRm8xNlVrbXVmQlVhZlFnV0JiVE9kYw?oc=5) · Shaw Local
- 2024-04-05 [Madeline Bouchard Obituary (2024) - Herscher, IL - Daily Journal - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxPTkJJVDRqb29pMF9ldGsyYVVKd08tSlhrUHkyWmdNeFdzaHdDR3ZmcWF6QnYtTTZfZWV2SzVYZWIxMXMzX2hNMUdWbnU0bUlxWUNNY2hZdVBSc2UyeUNGVlRKb2JUR1B2Y0NlUnpSbWxrb3d5QXJtemJTZTA2S2VfT3pFTUhCaWhTQm5ZeFM2c3padkExZUFteUFR?oc=5) · legacy.com
- 2012-11-21 [Alex Geistwhite Obituary - Visitation & Funeral Information - Clancy-Gernon Funeral Homes](https://news.google.com/rss/articles/CBMiakFVX3lxTE9YZ1NVZ2pfVGdzSkVWSXRrR3NRYUotQWtzZ0NBa1dfLS1uV0RSd0N0ZkctNHlxelN5VkdqX1dDaXJPN3ZCQ2p2NUs1SFNJc0JBZTdCOE5lYVlXWWFUNjY2TGg3MUpIc1NpeXc?oc=5) · Clancy-Gernon Funeral Homes
- 2026-04-13 [Foresight Reports 2026 First Quarter Results - GlobeNewswire](https://news.google.com/rss/articles/CBMitwFBVV95cUxNSkZYc1Ftak4wY1NlS21HRGJkTWhDRTBmSF9WaW5vNEJvYVBrMXJtLXN3TmRPbVVVOTFLR2N2MEQ2WENVUUdhZVduRS04NjVCZ2xPZ2lHUW14aVBOX3RrR3QyTk1weXdKbnRsTDBNOVR3cGlMNjRNemktX2ZGdXJ2eU9NdFJyZVBaTWVyZHFXTlBmT3BDR084VHJzeDRJcm1WWWhiN213SDlkcDJSTzd4NzBwbGtRems?oc=5) · GlobeNewswire
- 2011-02-23 [Limestone friends rally around 6-year-old cancer victim - Herscher Pilot](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNT3pNUjE3TXNYOGpUUGZRZG1qY1FGb2hMaHAzNVd0blhfUGdJc0RLam5rU3NaUU1EWTBlYUN0WEpiNldDVk8xME45d255TS1RN0V6clpFbWY2al9OREN3aEtBZTc3ZV9saDJNOWN1ZjBkSUdaalJZeU4zS1RiWHBFR3ozWnFmd01VVm80VTZFblpQaXVkbFltTHo1ZFljVFI5M3RjbG5naGlINTJTVUdobVRsWVdGNkh4bU9WZzJrbmg4NXhnTkxwc1B1X1VpOGplclVjbDZvZw?oc=5) · Herscher Pilot
- 2025-08-27 [104th Herscher Labor Day Celebration - Shaw Local](https://news.google.com/rss/articles/CBMikgFBVV95cUxQOTE4MjYtLWNsdHk3bUxTZG85MkhrUTl2My15SGlkdnJueXhwd2JJUWMya0NUSVd5WHhGWS1UTGJXaDdWbWNObTZTSS03ODhJMFRlNllYMTVFa2FIMk94b09vdDNXV3E1VmlGdWFaVE5Gak9QbHVONjg3LUdVQmk2NzlfMEVSUkVhUk9VdFFFemxMdw?oc=5) · Shaw Local
- 2025-07-21 [Foresight Reports Second Quarter 2025 Results - The Manila Times](https://news.google.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?oc=5) · The Manila Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11671 (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/23.json (key "11671", 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