# FIRST SECURITY STATE BANK
CRANFILLS GAP, TX · FDIC certificate 11932 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $183.1M | |
| Deposits | $172.9M | |
| Loans and leases | $73.3M | |
| Total equity | $9.2M | |
| Loans / deposits | 41.96% (p13 of band) | 73.59% |
| Liquid assets / assets | 56.75% (p85 of band) | |
| Uninsured deposits / deposits | 11.90% (p20 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.60% (p1 of band) | 11.76% |
| Unrealized securities loss / equity | -63.16% (p4 of band) | -6.57% |
| AOCI / equity | -10.25% (p0 of band) | |
| ROA (annualized) | 1.44% (p65 of band) | 1.17% |
| Net interest margin | 3.49% (p29 of band) | 3.93% |
| Efficiency ratio | 64.75% (p47 of band) | |
| Noncurrent loans | 0.02% (p26 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p65 of band) | |
| Reserve coverage of noncurrent | 6818.18% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 9.78% (p38 of band) | |
| Auto loans | $1.7M (2.30% of loans; DQ 1.42%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.6% | |
| Employees | 27 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | leverage <7%, reserve under noncurrent |  |
| 2011-06 | 1 |  | reserve under noncurrent |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 1 |  | leverage <7% |
| 2012-09 | 1 | leverage <7% | uninsured deposits leaving |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 0 |  | leverage <7%, capital falling |
| 2013-06 | 1 | leverage <7% |  |
| 2013-09 | 2 | capital falling |  |
| 2013-12 | 0 |  | leverage <7%, capital falling |
| 2014-03 | 1 | leverage <7% |  |
| 2014-06 | 1 | uninsured deposits leaving | leverage <7% |
| 2014-09 | 1 | leverage <7% | uninsured deposits leaving |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 2 | uninsured deposits leaving |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | leverage <7% |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | uninsured deposits leaving |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 2 | leverage <7% |  |
| 2017-09 | 0 |  | capital falling, leverage <7% |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | uninsured deposits leaving |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | uninsured deposits leaving |
| 2019-03 | 1 | uninsured deposits leaving |  |
| 2019-06 | 0 |  | uninsured deposits leaving |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | leverage <7% |  |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | leverage <7% |
| 2022-03 | 3 | leverage <7%, AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 4 | capital falling |  |
| 2022-09 | 2 |  | leverage <7%, capital falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 4 | AOCI drag >20% of equity, construction >100% equity |  |
| 2023-12 | 2 | capital falling | uninsured deposits leaving, AOCI drag >20% of equity, construction >100% equity |
| 2024-03 | 1 |  | capital falling |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | capital falling |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | capital falling |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2017-01-11 [Seeing Double? Bank Buys Neighbor with Same Name - American Banker](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQa3RyM01lTlFQYml0eXoxSlRSQThiTm5zV3RwVVpHTDJZYXVHdzF6QmhRRWU0Mi1iYl8wYUx2Vl80Mjl6WjdRRlg2djF0RXU4R1M1MVBSMnd6ZWZIbV9LU21JTWVISXFlckxQaWhlLU9JQkp5eWI4dllwVDBnVXYxSWc4M3J3STJpckkw?oc=5) · American Banker
- 2011-07-30 [Nicole Danford Obituary Jul 30, 2011 - Marshall & Marshall Funeral Directors](https://news.google.com/rss/articles/CBMicEFVX3lxTE5iNmcySkdtclA0Qnp6MkRtZ0c5Yi1aaS1mQ2xTQ2ZTTDJjMkc0MnZrMU1fekxhUXVXZkJ1azJ6VnFtcDAyTE92d1Y1WExIQnJ0Z2lSenljY1c3djBQWkNtRlVDVVc5bVhpdHNUTDRxbzQ?oc=5) · Marshall &amp; Marshall Funeral Directors
- 2021-05-13 [Larry Don Oliver Obituary May 13, 2021 - newhopefh.com](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBfSzFCeDNyN2RKWXh1aEx2YUUzX2Mxb2o4Zmx4NmFYR3BadDhmal9SN255T0FkMkdvbXliR29NSGowc0JUWmxvd1EtY1I4UEZ3VVFZc24ta2loa3pFcGc?oc=5) · newhopefh.com
- 2014-03-28 [Philip Layne Crosthwaite Obituary Mar 28, 2014 - Scott's Funeral Home | Gatesville, TX](https://news.google.com/rss/articles/CBMiVkFVX3lxTE1lSVVEVHJXckRGMUs3M1dkY214TmVRUFNRcEFZTV9ad1J3dWdabGhZWEJLWlh2UGwwMWtxVG5pSEFVY19rTFQxT1FrXy1YOEp0OEdDU2NB?oc=5) · Scott's Funeral Home | Gatesville, TX
- 2008-02-22 [Joshua Lewis Obituary Feb 22, 2008 - Marshall & Marshall Funeral Directors](https://news.google.com/rss/articles/CBMibkFVX3lxTE1QNlkycENzM1VTQURfVk1sVnRySmVuQnFpM05QS0p3UTRCcFJxUzA2ZFpGM1BwVzJjTmZqbnYzblk2TkJnS0dQM2RUWnhIUWdJQ3NUc25uVDUyLTlCQ1JsUWFfRld4dVNCZWN5cnBB?oc=5) · Marshall &amp; Marshall Funeral Directors
- 2010-05-05 [Jeff Ortner Obituary (2010) - Waco, TX - Waco Tribune-Herald - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPMjFVTjYyNWpDbUdBZGJQTThzVmRXMGc2bWR6WTU1S3RwVTZuV2tEeTBxbjdwYUxsUlc4UVlEUXJwSDNnZHN2bERNNHk4dTdXTzdhRW9xRk1LWE9qWjJFcmRKX2VFa2wwVkhrRkluUFFuWkUxNGZtRThHdDRoQ0FiSFEyZE1GbUpDXzJJ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11932 (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/28.json (key "11932", 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