# HARDWARE STATE BANK
LOVINGTON, IL · FDIC certificate 12408 · asset band <$300M · latest filing 2016-12 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $22.1M | |
| Deposits | $19.9M | |
| Loans and leases | $10.1M | |
| Total equity | $2.2M | |
| Loans / deposits | 50.35% (p17 of band) | 74.46% |
| Liquid assets / assets | 49.93% (p81 of band) | |
| Uninsured deposits / deposits | 7.00% (p16 of band) | 14.82% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.33% (p24 of band) | 10.76% |
| Unrealized securities loss / equity | 0.05% (p81 of band) | -0.86% |
| AOCI / equity | 0.05% (p93 of band) | |
| ROA (annualized) | 0.35% (p17 of band) | 0.85% |
| Net interest margin | 2.37% (p5 of band) | 3.68% |
| Efficiency ratio | 86.59% (p82 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.62% |
| Net charge-offs (annualized) | 0.03% (p50 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 56% | |
| Construction % of loans | 12.76% (p43 of band) | |
| Auto loans | $284,000 (2.81% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.2% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | NIM <2.5% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | capital falling |  |
| 2012-03 | 2 | reserve under noncurrent | capital falling |
| 2012-06 | 2 |  |  |
| 2012-09 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-12 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-03 | 2 | capital falling | reserve under noncurrent |
| 2013-06 | 2 | uninsured deposits leaving | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 3 | capital falling, expense ratio p90 | uninsured deposits leaving |
| 2014-09 | 2 |  | capital falling |
| 2014-12 | 2 |  |  |
| 2015-03 | 4 | deposits shrinking, assets shrinking |  |
| 2015-06 | 5 | uninsured deposits leaving |  |
| 2015-09 | 5 |  |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 2 |  | expense ratio p90, deposits shrinking, assets shrinking |
| 2016-06 | 1 |  | uninsured deposits leaving |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 1 |  | capital falling |

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

- 2014-03-08 [William Edward "Bill" Parr's Obituary, Visitation & Funeral Information - gracelandfairlawn.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxNVVR6ZXRzNGdGUVFvLThBWDFabFVaMkd3VHA5VF8tb0U5QWxCWTNXbkNpMTJXR2ExSkxpd25VQ2JTaEYwOVFmbUdueGZZek4xZkIyTW5mRVlwZ1dEN1RVLUsxdWZfUmtBV05vQ1FSZlZ3b2g4UjU2RG5qazFKM3Z0bnJB?oc=5) · gracelandfairlawn.com
- 2025-11-12 [Patricia Parr Obituary (1933 - 2025) - Lovington, IL - Decatur Herald & Review - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQbGh3RjNsWVU3UzFReGpoUGRfcV9jS0VoNXNnZF9yODFmQ1dtUDFEUW1OLVRJaEYzTFZWa3hFdS1NV2Z4Y3lidTFjTmtFeDlGdGp0VG5fTWlsVnNEUVB2ajUtWVRuVlhSckIxZm1zX0QwdFVmQVFMMEZGekFtZFFRc29GbFpVZUZONE5WcmZPZzJEZHRq?oc=5) · legacy.com
- 2017-05-07 [Donald "Don" LeRoy Hilton's Obituary, Visitation & Funeral Information - gracelandfairlawn.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNVlRmOVhBeVRnM0NjcWxxMktTVFQ4cGc4bmR3UXRTeC1lZ0poS3pRLUVVU3JqTVVOZm5henVWcFh1OXh2WFRvb2xPUVhpOE1RYllNV09VZEtYMFVVU25WVTVZWXRFOEVOOGpfMmk5blllUFprQ1Nvc2pKYWRuTVlXUjNXYXY?oc=5) · gracelandfairlawn.com
- 2005-06-27 [Willie Elliott Obituary (2005) - Lovington, IL - Decatur Herald & Review - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQaVNWX2FxNllzXzA4d2ktRG9kMGlxU1JZak1Oby1WNGZNY3AtcFRMbFpMUEF0WldfeWpGWDd4SlgyUHNSRGR1Vk9LQTlzeFJVR1lnR0djeEdteXNLcWlXajhKSGl1Y2xoMTFEdXMxTVU1eGw4SXdEWFM1SHh5Rk5qSzMydVhlV0VnY0ZNOU9JWjREUE5nbmc?oc=5) · legacy.com
- 2009-09-24 [Penny Hendrickson Obituary (2009) - - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOTVBoeDFwNXFwNFJOTDJYaXdXZHZPeDI4YW5kMkxoVFZXZl9zMWlZb0NKXzJjRHI0akxiZmVPc2NpVG1WcXd1cFhkUkVReDEtZkNRTlpnTklkcVhHNmVOYlpDUF9DQlc4X1dXMUZ6VE1OV2w0MlRoWXN3UFZwYklFUGRtbXZXZTZ2WlRHcVFNbw?oc=5) · legacy.com
- 2011-02-01 [Bryson Martin Obituary (2011) - Lovington, IL - Decatur Herald & Review - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQNVBZOWxjSUhnTkpfX2FHUUg3NDJ4aE1QdDdtbUsxaXNDZmNjNG4wbHdPWnV5TDdyWXZKTHJKaFdMNzJCWFc1NlpSWnFqMzE2OURxaWZ6Q1BlQ2pKWkxDY1Z1dHR0RzR6Rzlwbk54c1I0ZEt2SkNKLVpZSWhvN1JPZUNNZXIwSi02OHZJdVlmMDZwTElE?oc=5) · legacy.com
- 2011-02-01 [Braxton Giorgi-Denton Obituary (2011) - Mattoon, IL - Journal Gazette & Times-Courier - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxON21xMFBpdl9jcThzSmxZZ3VnZFNpLVRUdWJURDNJVDJOU2pQSE41TlJtUUtsU0FyWjVsM3hYcnhSbjEyVFFhY2NBbU5kWFg4T2RzUklpRXlhMFRMdEM0cXM2R3RoR284MzE1MG5NS3VQUVQ4QjRZSEh2QU1RU1V6Q0R4bmFISzljS0tMU1ZEbjBfS3ZK?oc=5) · legacy.com
- 2011-02-01 [Michael Martin Obituary (2011) - Lovington, IL - Decatur Herald & Review - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOcDNWUWwxWmY5UmtPbmlFYnkzLXhBTGs5dGxaOWIwMHJKWUhvTUw2c2VGOU1sbWs5S052STZmakt3blZ2V3RKcU5xcDI3dXRtYkdrU2hIR0FnYWJ0Y3NIX25vYjRkWkdzRlFGdWRhNEYzcU9Wc1pWME56SnVtNmxOSlByckNCR1UyQng4RWlXdnBGcVhiNUE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12408 (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/56.json (key "12408", 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