# MARSHALL COUNTY STATE BANK
VARNA, IL · FDIC certificate 12089 · asset band <$300M · latest filing 2014-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $28.2M | |
| Deposits | $25.4M | |
| Loans and leases | $19.2M | |
| Total equity | $2.6M | |
| Loans / deposits | 74.05% (p57 of band) | 70.22% |
| Liquid assets / assets | 31.76% (p43 of band) | |
| Uninsured deposits / deposits | 5.51% (p16 of band) | 12.36% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.33% (p30 of band) | 10.41% |
| Unrealized securities loss / equity | 0.84% (p62 of band) | 0.24% |
| AOCI / equity | 0.00% (p12 of band) | |
| ROA (annualized) | -2.15% (p1 of band) | 0.79% |
| Net interest margin | 3.37% (p35 of band) | 3.62% |
| Efficiency ratio | 164.23% (p99 of band) | |
| Noncurrent loans | 0.61% (p41 of band) | 0.88% |
| Net charge-offs (annualized) | 0.12% (p75 of band) | |
| Reserve coverage of noncurrent | 298.29% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 3.15% (p24 of band) | |
| Auto loans | $449,000 (2.34% of loans; DQ 10.24%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -9.5% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 4 | losing money, expense ratio p90, NIM <2.5% |  |
| 2011-12 | 3 |  | NIM <2.5% |
| 2012-03 | 0 |  | reserve under noncurrent, losing money, expense ratio p90 |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | uninsured deposits leaving |  |
| 2012-12 | 0 |  | uninsured deposits leaving |
| 2013-03 | 2 | losing money, charge-offs p90 |  |
| 2013-06 | 2 | expense ratio p90 | charge-offs p90 |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-06 | 5 |  |  |

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

- 2025-09-25 [Sandra Condon Obituary (1970 - 2025) - Reedsburg, WI - WiscNews.com - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPU3d5SHhZNnNudHZjdHdKTkZWWnppa2J4ZkdIOEtWTDE3RnROcGx0dVZYM1M2YldEU0t0QWNZS0JCdjJ0R2QyRVJUdnFRMWt4aFVPSGFjVTRETndxMGlVMEk1QlFwTHBtdzBFU01Wejh0N09NdE5ZWklUb1ljanNLVE40UmoxNFVjdFI4NEFB?oc=5) · legacy.com
- 2014-09-21 [Fundraiser will help cover bills for Marshall County dispatcher, a kidney cancer survivor - Peoria Journal Star](https://news.google.com/rss/articles/CBMinAFBVV95cUxQd0d6WEpUeU13Mm40TXJSaTlSbFBZb1drZnR5aTRXU3dQWWNxOHg4a3B5NXB0ajlKSzg1NlNJN2VrTV9wLVJDYWd4NG1tV0syZFhZcFpEUGN1S2pld3N1OGVObU5jNXREaUswQ19fTlR2OER1el9famdXOUF0WGRIRkE2c1JGeFZ1Q3h2N19ieEFlM3drQThrd1Vncmg?oc=5) · Peoria Journal Star
- 2025-06-27 [Sharon M. Benz Obituary (2025) - Lacon, IL - Lenz Memorial Home - Lacon - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE96WG56ZXFKUmRWLXZ3RDYyTnE4RVVfcHI2aUtQMklfS1RLSWppWXd3RTA1Z0MybWNEdTZOU090N2hoMWpLZmlSSXRiZ3dtQkVFb25jTjJMMjB6QzQwOTVZbGpQbUZPWWhDWmt5NFZlaERxSDJwTVlJdTEyN0hXYlE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12089 (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/57.json (key "12089", 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