# FLANAGAN STATE BANK
FLANAGAN, IL · FDIC certificate 11734 · asset band $300M-1B · 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 | $300.3M | |
| Deposits | $277.0M | |
| Loans and leases | $183.6M | |
| Total equity | $20.1M | |
| Loans / deposits | 65.65% (p19 of band) | 82.04% |
| Liquid assets / assets | 33.69% (p73 of band) | |
| Uninsured deposits / deposits | 16.93% (p18 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.59% (p25 of band) | 10.81% |
| Unrealized securities loss / equity | -43.57% (p6 of band) | -8.10% |
| AOCI / equity | -0.45% (p44 of band) | |
| ROA (annualized) | 0.35% (p8 of band) | 1.28% |
| Net interest margin | 3.43% (p24 of band) | 3.91% |
| Efficiency ratio | 92.48% (p96 of band) | |
| Noncurrent loans | 0.23% (p35 of band) | 0.43% |
| Net charge-offs (annualized) | 0.06% (p79 of band) | |
| Reserve coverage of noncurrent | 417.07% | |
| Real estate % of loans | 71% | |
| Construction % of loans | 34.88% (p42 of band) | |
| Auto loans | $1.1M (0.58% of loans; DQ 5.25%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.2% | |
| Employees | 132 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)

## 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 | 0 |  | reserve under noncurrent, capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 2 | capital falling, uninsured deposits leaving |  |
| 2014-06 | 1 |  | uninsured deposits leaving |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | reserve under noncurrent |  |
| 2016-03 | 3 | capital falling, charge-offs p90 |  |
| 2016-06 | 1 |  | reserve under noncurrent, capital falling |
| 2016-09 | 0 |  | charge-offs p90 |
| 2016-12 | 1 | reserve under noncurrent |  |
| 2017-03 | 3 | capital falling, expense ratio p90 |  |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 1 |  | expense ratio p90 |
| 2017-12 | 2 | capital falling |  |
| 2018-03 | 5 | losing money, expense ratio p90, charge-offs p90 |  |
| 2018-06 | 4 |  | losing money |
| 2018-09 | 3 |  | capital falling |
| 2018-12 | 3 |  |  |
| 2019-03 | 1 |  | expense ratio p90, charge-offs p90 |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | charge-offs p90 |  |
| 2020-03 | 4 | capital falling, losing money, expense ratio p90 | charge-offs p90 |
| 2020-06 | 1 |  | capital falling, losing money, expense ratio p90 |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | capital falling |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 0 |  | reserve under noncurrent, capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 4 | capital falling, AOCI drag >20% of equity, securities losses >30% of equity, expense ratio p90 |  |
| 2022-06 | 5 | losing money |  |
| 2022-09 | 6 | construction >100% equity |  |
| 2022-12 | 4 |  | losing money, construction >100% equity |
| 2023-03 | 3 | losing money | capital falling, AOCI drag >20% of equity |
| 2023-06 | 2 |  | losing money |
| 2023-09 | 4 | AOCI drag >20% of equity, construction >100% equity |  |
| 2023-12 | 3 | capital falling | AOCI drag >20% of equity, construction >100% equity |
| 2024-03 | 3 | reserve under noncurrent | expense ratio p90 |
| 2024-06 | 1 |  | capital falling, reserve under noncurrent |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | capital falling |  |
| 2025-03 | 4 | expense ratio p90, reserve under noncurrent |  |
| 2025-06 | 2 |  | capital falling, reserve under noncurrent |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2022-05-18 [Community Icon, Flanagan State Bank, Named Among the Top Extraordinary Banks in the Nation - 24-7 Press Release Newswire](https://news.google.com/rss/articles/CBMi2gFBVV95cUxQWFZaTEgyRmdJMEZWaUw4ZkVpcEVqQnVnS0EtS3lVVnh2ejNXbEVWQ09NUXpjaWR5WG5qQ1dSTEdVcktOUWRyVmJNZjhENldqbzVKVVl2M2p5eGh0NHEwOTFrcmp1QU54YnRHdm9VV0g1TDBvck5tRlFLTmltbVhySXpaa19ReVNXazlYMXpiaUFEbHo1d0NPQkVmZzhlTklFTGlLaC1mNXpEbWc1bEYtNjgwR0tqRmZHcFFHakxRQ3RIMmJVc1QzR1ZUTExwVHdCVWRYSHRjNkFZZw?oc=5) · 24-7 Press Release Newswire
- 2025-09-09 [Kathryn Ann Mosier Obituary - - Pontiac Daily Leader](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9nZkJXdnlwQWMyRmNBNmRReHowcDRScjZOalRsTWo0bDdXU1dwbHdCVm9TQ096ZENvTjJMS0FsZEdmNURJYjFSUHlGeFBwQmtKRGZvQmVYODBCQnplMEc2dEM0eG0zTWVo?oc=5) · Pontiac Daily Leader
- 2015-05-18 [Obituary information for David Benson - Ruestman Harris Funeral Home](https://news.google.com/rss/articles/CBMihgFBVV95cUxNeUtEc21tMzROVllrTmEtQTRqM1JvU2xTRnJFQndVSjF2b1RWajk2VWV2a2xSVFh4WklkR21zSGhEUjN4NVJkbzRUZHktcXhleDhKajNCZUxrX3o3Q3g5cUtFRUJ3N3RrZEhuUkV3ekxERjJXTDFRSExaMnBfbE5IZEdjWGpaZw?oc=5) · Ruestman Harris Funeral Home
- 2023-03-25 [Neil Ropp Obituary (1983 - 2023) - Gridley, IL - The Pantagraph - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOd3V2dm8yVjJyRE5IOFlzdVc5VDlscG5UdnRkT1dRbWhkVExlQnQ3WENCVk9yQktPUHY3SUdVTERVWkZFNHM1NWhfNHNOamNJYzQxeWxCeWFrNWMwM1BlbV9xellvbVRGVUE0WmZWU0kzUm05U2xfUm5pRjY5WS1wUVZIeWgyeG91cW5z?oc=5) · legacy.com
- 2021-07-20 [Routine variance request gets tabled - Pontiac Daily Leader](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNajUxR1pyVF9GSmtFZWJucll3REdqR1ZzYTZLLVdKNjNDYkxJd2VDUFhXWlQwUDZaM3dHeW5vblVsOXZaN1Q2UHNsYjBRbnE3RlE2TUxlMDdXa3plNDRRZEg2cFloanh3YXNkeldYazE2WjRpNjdfTExrOGhLWG5pNk1sVGF0bDFFaUJYMzNON2ZseXlxUnZ5STd2TmNMMVlKMWFCTEZpYzJqNkJRQXI5NE1hWW52T1Nm?oc=5) · Pontiac Daily Leader
- 2017-09-20 [Marlene Rooker Obituary | Flanagan, IL - Tribute Archive](https://news.google.com/rss/articles/CBMickFVX3lxTE5hNjBOSHFrY0dKTm9SWk9PZE1mWnlxUXBlUlprSXZXZ0dQQVUyUk5aMXZNRTRaeFFWMFNhQ1ZoZWhMOURiQUZGLUlpUmxnaFNLTDdUQTVKM042Y3BxN1lyY0J4dXBkUE9nWVEyVmN1MjdlUQ?oc=5) · Tribute Archive
- 2016-11-22 [Flanagan Public Library dream comes to fruition - Pontiac Daily Leader](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPY0xCTWR4Q0hqc1BZOU9QbkxWWU05THdIQTA3LUlubFdCMERoMUdQRUFKbHRjcXg4WFJFT21wOV9PbHJIcEh6RDM3THMzZFUwaVNWcWkzbFBiclRCUmtDa25uZ0JQOVJQZ19SMjVYZkZSRGpPVmpuN2ZIMWp1Y0tYSlZDcXdIYUhoU3JFMzRfTENTZy1UODhpRnY0WmRLcTNCQlVqNlBfZ3M?oc=5) · Pontiac Daily Leader
- 2021-06-13 [Alex Bullard Obituary (2021) - Odell, IL - The Pantagraph - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPNnNmeWJPeGFKZDJwWDlvbXdVei1yVmNKYzJlSDQxMmpoOW9OYnFkVXcwb0pjSHNaMFVranFoNGI5Z1BQVzZqb3VnaVQ3dmFWV1IzRkFJdm5INHhLcXFiTmtuYkdmWENsVUJ3dHVYcFFSbjRVbXN1azlZUkszbE01VHZyUTc4SmxydnFwRTd4MA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11734 (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/22.json (key "11734", 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