# KENT BANK
KENT, IL · FDIC certificate 12704 · asset band <$300M · latest filing 2014-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 3 (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 | $80.9M | |
| Deposits | $71.3M | |
| Loans and leases | $36.0M | |
| Total equity | $9.5M | |
| Loans / deposits | 49.76% (p18 of band) | 71.36% |
| Liquid assets / assets | 47.82% (p75 of band) | |
| Uninsured deposits / deposits | 2.89% (p6 of band) | 12.72% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.82% (p55 of band) | 10.52% |
| Unrealized securities loss / equity | -2.98% (p11 of band) | 0.17% |
| AOCI / equity | 1.98% (p59 of band) | |
| ROA (annualized) | 0.00% (p9 of band) | 0.81% |
| Net interest margin | 3.15% (p23 of band) | 3.65% |
| Efficiency ratio | 96.58% (p90 of band) | |
| Noncurrent loans | 2.74% (p83 of band) | 0.86% |
| Net charge-offs (annualized) | 0.13% (p75 of band) | |
| Reserve coverage of noncurrent | 52.94% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 0.39% (p15 of band) | |
| Auto loans | $351,000 (0.97% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.9% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 | charge-offs p90 | noncurrent p90 |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | noncurrent p90 |  |
| 2012-03 | 1 |  | charge-offs p90, noncurrent p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | capital falling |  |
| 2013-03 | 4 | losing money, expense ratio p90, charge-offs p90 | capital falling |
| 2013-06 | 5 | assets shrinking |  |
| 2013-09 | 7 | noncurrent p90, deposits shrinking |  |
| 2013-12 | 4 |  | expense ratio p90, assets shrinking, deposits shrinking |
| 2014-03 | 6 | deposits shrinking, uninsured deposits leaving |  |
| 2014-06 | 6 | expense ratio p90 | charge-offs p90 |
| 2014-09 | 3 |  | noncurrent p90, deposits shrinking, uninsured deposits leaving |

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

- 2017-03-17 [Michelle Van Dyke - nationalmortgagenews.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE9TRnd2SkZGOGw5NVJIeDlSbnVYZ1BfVlhNclNZanNpT1RmSW9fZGdLRGlYMEV1VzNIUkZNbHNzclhPMF90Y24zR0U3bWpqN1UxMllGYTRkY000SzdrUFlqVkxyU2pibXVZdVJZNXpB?oc=5) · nationalmortgagenews.com
- 2024-05-29 [Old National Bank hunts for acquisitions to drive Michigan market growth - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMixwFBVV95cUxNRTZ1b0VvOGpDbmVZZG9rekR0N1hCR0xHNHpIVWlhdVZ2WUZNallWXzQzZnQ0ZUFLVU50MHhlZFExV0VRMlNvNDlrVHRQRkZNMG1QVzR1NF9xZWpZRUJyQU1LTVFIVUdWVDZjZ1ZoaEgwR3ZadUlVZDNsWFV5MXhQVklsR0FINE1uWDNNb2hNTUJQZEJvbHoxeDJtRzlscWNNTUNsWThGTEtweExXNnRUVFY0LXBJMFh6NElwUmlWeGR2MTd4NzA0?oc=5) · Crain's Grand Rapids
- 2021-10-09 [Frances Smith Obituary (1922 - 2014) - Camp Hill, PA - PennLive.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQR2p1VFNHc0p3U2xfMk54YUItN09FNmZKVVY1aDMtbmYtOE5obTJVN1IwSEFIR01wTWxNb2tReWFxYTFxZTc4Ujg3dkpJajRHaHdydjBNTzZNVjRBQzZIS0pnZlpULXdRNTBUcTNjU3pMVUg4a0NqR2s4NG1iN1owdTd1Ml9MRkt5Z2JWV0dSaDU4SVE?oc=5) · PennLive.com
- 2021-10-05 [Robert Moldal Obituary (2014) - Grand Rapids, MI - MLive.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxOQi1XQ1hwQTBtUDViZVZraU1oTjVkUF9ETkdiYUtjTkJCbEZ6Um5VOXJqRW1ZZzJQYXh1OU5MZmF3R0ZwU1Q1SUVkcEloWldsaWg0NGQ3aFdPTFN0c2xVSjl1ZmJKWjV2T3hFTTI0NFl6cjVTa2xoR1AzUk15TzdSWEdyam9UQjlsZXVvMlBUUXcxbHc?oc=5) · MLive.com
- 2024-06-10 [Derek Metcalf Obituary - Countryside, IL - Chicago Tribune](https://news.google.com/rss/articles/CBMif0FVX3lxTFBYb3d1bFlkOUJmbC1qVVpWUFdRT0cxRWJXZlVkRnJRbjktRkJ2dlplNjBtU1ZuLWFxU0NPUmtxV2xXU2Raa3R2eWVhTHNhc2xKeWJSZVl5aU5ma2dtdEIteFFqNERrSWs4clpCQ2xwTFNITUQ5aGtPdTJqd2JIVUU?oc=5) · Chicago Tribune
- 2023-09-17 [Rosemary Gibbs Obituary - Springfield, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQdEpEVGlGV1piT3REZFRUcGVUV0VNOHlIN1ZKX0swUXB2VmM3SXZpakdQczVKRHBHcEFhTnRRdVIwM0hqMmRHU0VNbm9LaUZDVXB3enVVclhGWjFYWUJNaUpYUkFfd2JqVGlFOHpNeUR1ek1aRXpwMFNHM0hFR3dUNVVZRjVUTTZK?oc=5) · Dignity Memorial
- 2022-03-12 [Jane McNeil Obituary (2022) - Saint Louis, MO - St. Louis Post-Dispatch - Legacy obituary](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQMVFMa2g3eHBCMWtJMWFCM0loSEVyWXJhdjBPb21QNnY2aGVMMVhHUDRKTkZpYUtubmlpZk9NeGg4SUI0Qlc3S2Fqc1NORmRLaFRkQ1dvdFRsWlhVTGhtd0pWWTBwLUJwZUZuWlJOV0hHYUVOd3pvRmw3MURVS0twR0x4TkNlMWNuR2sw?oc=5) · Legacy obituary
- 2019-12-09 [Sara Homeyer Obituary - Belleville, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxOdEd1QWlnUjE1bDAyMFk0VnExZXRVN2NnVmQzUGFTMGFhYlZNbnQyMWZTQzRWdHBEdV9vLUlSaEZmY1pTTHFNeG5pVVVYTTQyTllqSlQ1eEoxUzFNNVBsdmNFY3RzbEN0TzRCa3ROOHR3bDJVaVNIczZWbE1lXzM3ZXFGYw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12704 (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/32.json (key "12704", 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