# IROQUOIS FARMERS STATE BANK
IROQUOIS, IL · FDIC certificate 11746 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $174.5M | |
| Deposits | $158.7M | |
| Loans and leases | $114.4M | |
| Total equity | $14.9M | |
| Loans / deposits | 71.79% (p47 of band) | 73.59% |
| Liquid assets / assets | 30.66% (p46 of band) | |
| Uninsured deposits / deposits | 24.94% (p68 of band) | 19.81% |
| Brokered deposits | 5.73% | |
| Wholesale funding | 5.73% (p74 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.10% (p12 of band) | 11.76% |
| Unrealized securities loss / equity | -3.44% (p63 of band) | -6.57% |
| AOCI / equity | -3.28% (p5 of band) | |
| ROA (annualized) | 1.61% (p73 of band) | 1.17% |
| Net interest margin | 3.96% (p51 of band) | 3.93% |
| Efficiency ratio | 54.24% (p22 of band) | |
| Noncurrent loans | 1.96% (p85 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p14 of band) | |
| Reserve coverage of noncurrent | 22.23% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $2.5M (2.22% of loans; DQ 6.61%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.8% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **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 | 2 | capital falling |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 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 | 1 |  |  |
| 2015-03 | 3 | deposits shrinking, assets shrinking |  |
| 2015-06 | 2 |  | assets shrinking |
| 2015-09 | 1 |  | deposits shrinking |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 4 | charge-offs p90, uninsured deposits leaving |  |
| 2016-06 | 1 |  | capital falling, charge-offs p90, uninsured deposits leaving |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | charge-offs p90 |  |
| 2018-06 | 1 |  | charge-offs p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | reserve under noncurrent |
| 2019-06 | 4 | reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-09 | 2 | charge-offs p90 | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2019-12 | 2 | capital falling | charge-offs p90 |
| 2020-03 | 2 | charge-offs p90 | capital falling |
| 2020-06 | 1 |  | charge-offs p90 |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | NIM <2.5% |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | reserve under noncurrent |
| 2022-09 | 3 | uninsured deposits leaving | NIM <2.5% |
| 2022-12 | 4 | reserve under noncurrent |  |
| 2023-03 | 4 | capital falling, charge-offs p90 | AOCI drag >20% of equity, uninsured deposits leaving |
| 2023-06 | 2 |  | capital falling, charge-offs p90 |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | securities losses >30% of equity |
| 2024-03 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2024-06 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2024-09 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2024-12 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | capital falling |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | capital falling |
| 2026-06 | 1 |  |  |

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

- 2019-05-21 [Bank has new location in Sheldon | Iroquois County's Times-Republic - Newsbug.info](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQRE5naV84Zk1WVm5UWmF5WU9XdTVBTU5PR25jbnR2d0FYcTVwODVqMlFfUlBtMzZmYlI1c3JRdDd4ZFFwQmdrX0R1cEtGMTZRcXNwX09UZjJ4ZXRFdUgtMG92dk05R1VOM2ZCdjFvQkRGd2tDTVFrZ3dsZjVVT0Jlc1hyXzFwUDkwYzFxYTJnQjFaRi1Vb0hQRDhPUFNtRk1BTWxSRi1kck9NXzFBaEZjY2hDa2c0YkoyNzRoVEUyRzJZbE54UXZfcEhuNzBPcGc0cENZc2hn?oc=5) · Newsbug.info
- 2026-02-23 [John L. "Jack" Hutchinson Jr. Obituary (2026) - Watseka, IL - Knapp Funeral Home - Watseka - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPUVYyQXR3ZDJfN2dYTmVncGU3NjBXWElkdWl3WVNJaFdoT2ZnYlhYa3FDVnZfRXFqU0lPdG84NUcyN1J5bUNxclVMQVYyM1gtakxqS1FKdi1HUkt1U2JILUtuNWd0Vi1PUjZyZGZOOFNSeThSVkRUWVVwalloekNSbjl6UjY?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
- 2019-09-10 [UPDATE: Watseka Police, other agencies working on armed bank robbery case - Newsbug.info](https://news.google.com/rss/articles/CBMiigJBVV95cUxQWEwxZUp6SFpkOTNoVW9EVmJFVFMyWjJjZlpBMjdvN1VYdjVtVVZKeGw4VkFHT3AySk91dTlrV21fcC1IVmZ6V2Y2VmJhbWMyN09XbmhIV0pPVTl4Z3JLdmsyb3lPOGdWaF93VWNmaU1ITmVfV0FKbThlbDRhQksyNk95MjcxSTNFYlF4WFhURkxGSWVtd2RqcDFvWVJYelRnb0FhU1Q5bWVwejVXN1ZTYWVEd0I3bmlKYTR5T2k2TTY2Z0E2bkFOTU1pNW5wUGVxc084a0dtUE9BV3lGclMyaDg1TktSZ2NWZHgzYW0xNWw3aVl3MU1IYzR1eG9waWsxWHNwekdoNEp5QQ?oc=5) · Newsbug.info
- 2024-05-11 [Jeffrey R. Cann Obituary (2024) - Watseka, IL - Knapp Funeral Home - Milford - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxNa24xbV9nZUcwVi0zZ2NObGd3eVZOVnVCLWF3THpobTdMRkp3Z3hwb1ZoQ3RzX3c0ZWpSeUNpTmJtZGdHNFNUQkEzTC1MSUQ0MjRxdHc5Q3Bxb2sxV2JFRFBqRzU0ZXRoOXBFeVZieFNraVRhMnZqdnk3QW0yU251SA?oc=5) · legacy.com
- 2022-04-05 [Mary Simpson Obituary (1949 - 2022) - Watseka, IL - Times Republic - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxObW45Z0hsZW4zaVVXZmZSUkI2UlZhdTNrRFd6U2toZm1NdFBQMEJRSXFMekduRVZTXzQteGU4aUpTUXNQVEczMVNRak9VV0ZDMk50OC1NZTQ5dktWcnl4c3RXUGxDSnNZRjQzdERDSkJaSm9zWEVualNiRl9ZUjNmVER0UzZjSVhIb092RGJITnFjQmZ0Zno5dUxB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11746 (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/34.json (key "11746", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide