# DENVER SAVINGS BANK
DENVER, IA · FDIC certificate 12857 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $250.6M | |
| Deposits | $186.9M | |
| Loans and leases | $176.4M | |
| Total equity | $26.1M | |
| Loans / deposits | 93.38% (p85 of band) | 73.59% |
| Liquid assets / assets | 24.57% (p31 of band) | |
| Uninsured deposits / deposits | 25.41% (p70 of band) | 19.81% |
| Brokered deposits | 3.40% | |
| Wholesale funding | 17.68% (p93 of band) | |
| FHLB advances / assets | 14.28% | |
| Tier 1 leverage | 10.84% (p37 of band) | 11.76% |
| Unrealized securities loss / equity | -13.33% (p33 of band) | -6.57% |
| AOCI / equity | -0.19% (p60 of band) | |
| ROA (annualized) | 0.83% (p32 of band) | 1.17% |
| Net interest margin | 3.42% (p26 of band) | 3.93% |
| Efficiency ratio | 69.52% (p59 of band) | |
| Noncurrent loans | 0.05% (p30 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p63 of band) | |
| Reserve coverage of noncurrent | 2088.64% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 26.95% (p61 of band) | |
| Auto loans | $610,000 (0.35% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $10.0M (38% of equity) (p100 of band) | |
| Deposits YoY | 1.8% | |
| Employees | 28 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 4 | brokered >10%, capital falling |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 3 |  | capital falling |
| 2012-06 | 3 |  |  |
| 2012-09 | 2 |  | reserve under noncurrent |
| 2012-12 | 2 |  |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 1 |  | wholesale funding >15% |
| 2015-12 | 2 | wholesale funding >15% |  |
| 2016-03 | 3 | capital falling |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | capital falling |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 | capital falling | wholesale funding >15% |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 | wholesale funding >15% | capital falling |
| 2017-12 | 1 |  | wholesale funding >15% |
| 2018-03 | 4 | wholesale funding >15%, capital falling, charge-offs p90 |  |
| 2018-06 | 3 |  | capital falling |
| 2018-09 | 2 |  | charge-offs p90 |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | brokered >10% |
| 2019-06 | 2 | brokered >10% |  |
| 2019-09 | 3 | deposits shrinking |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 1 |  | brokered >10%, deposits shrinking |
| 2020-06 | 0 |  | wholesale funding >15% |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 2 | brokered >10%, wholesale funding >15% |  |
| 2021-09 | 3 | capital falling |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 |  | capital falling |
| 2022-06 | 2 |  |  |
| 2022-09 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, loans-to-lenders >50% equity | brokered >10% |
| 2022-12 | 1 |  | wholesale funding >15%, securities losses >30% of equity, loans-to-lenders >50% equity |
| 2023-03 | 1 | wholesale funding >15% | AOCI drag >20% of equity |
| 2023-06 | 2 | NIM <2.5% |  |
| 2023-09 | 3 | securities losses >30% of equity |  |
| 2023-12 | 4 | deposits shrinking, uninsured deposits leaving | securities losses >30% of equity |
| 2024-03 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2024-06 | 3 | capital falling |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 1 |  | NIM <2.5%, capital falling |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | uninsured deposits leaving |  |
| 2025-09 | 1 |  | uninsured deposits leaving |
| 2025-12 | 2 | capital falling |  |
| 2026-03 | 1 |  | capital falling |
| 2026-06 | 1 |  |  |

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

- 2024-05-15 [Denver Savings Bank announces a new first - Community Newspaper Group](https://news.google.com/rss/articles/CBMi5AFBVV95cUxNTEpGYzlMaXNNWWtCZDB1bEY4aWNCSExhUW9JdUtCaDRIdGdaNnJETUZGUk9WWXR5S0dfV20wb25PbTVxQk9lLW0yODVtY3ZBdDRWNHRPRHFqVjZWYm1MdUhOaDdqZmdiZ0Fwa1ZrWk9pWkdycFlSa2haMzJ6dUh2by11bm92SlZDblM5cHhjbU1tM3EyVFFlQWxJRGtROFM1XzI4ZVR5Q0RVUWR4M0FDVlFUdDh1U1ozYmtFcU9jM1lOYmRFTE50ODIzOUJKTnZIZUQxVEl6WVpaSTVYTmctTzR0WDI?oc=5) · Community Newspaper Group
- 2025-03-03 [Denver City Council to hold public hearing on proposed Fareway renovation - KGAN](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQZmVEdy1fX2FxUEVTQUl6TnNOT2gtSFpfRmhoRC1vRUlnVy0yaTcyZ3RxVkpPVW1qSHZpN0hYXzNMYlExSF9CNEQ2dzZIcUtXeUR3LXkwUGZvdzdkWG9vQmZZRFRsc05fdk5SQ0tmT0djRTkwNWN6c3psUEI3WXRBRTE5eXRvLS1EZVB3MEgzRDZFdUhMV3RoWGVZRG5iVHhDOHYwaEFPUXQ?oc=5) · KGAN
- 2026-08-18 [Denver Savings Bank presents first Go-Hawks checking donation to Waverly-Shell Rock Community Schools - Community Newspaper Group](https://news.google.com/rss/articles/CBMiwwJBVV95cUxNV1I5YmlxT0syb3dhV3FqeXpOZlFaZ3Y4TGNoS1lhZHdUaW9Qa1dLbmdhZEdYZGJ2d0czZVI3QVEwNU84ZkdNb1NSRl95ZkNXQ2lkd3dXckNHdHRDajVtTXdMSDFpNFg1UzdKdVlDTHFjVFo2d0x2UGVvWGd2QnM5Y1N4SWtKcVFqeUpXOWQwVDR3QmpWemlNb2g1alhKY21XVFp5TGh1X2lkSC1PNHZoaklmLWpIa2dYNnNXOTdUTkdqdjNqRzdkSVNWVXBxQ3A0cFluMzhjNXFmaFRQeEp6ajZMUlNqV09GUTk1WmJ6Z3hFYkpTWDlzbmktY2lHSklwYkhjQ1RMUTlrVHBQblEwaU1xdWhRVXF5NzFPZlBtS0EzZC1BY1FYWTg1SG9OWmFFWjZSVTNiVHAxWFZtQkFGdDJhNA?oc=5) · Community Newspaper Group
- 2017-11-09 [Real Deals: Baumann & Crosno lead Bentonville brownstones - Talk Business & Politics](https://news.google.com/rss/articles/CBMikgFBVV95cUxNVnJ3ZTF3bmlxRkR4YmZJcHBTMUtWbS1GcFVHV0tWN1Mtc2l6blJycWdJT2xSc2I1Zi01WGpmYkZ1NW9BYWtfQ2tFU0ZUSEdCd192NHI3MWN4cWJ1NGJyVG9xbWlFUnJBNTZMV3kydHdFcWU0MzRiNk16U2Qzb2ZBNUpzS2o1dGJzaW5aaktfUGd4Zw?oc=5) · Talk Business &amp; Politics
- 2016-08-09 [Wilma Steege Obituary (1928 - 2016) - Denver, IA - Waverly Democrat - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOckpDbWw0RWJXWHpRamQ5SkgtZWxzZVpPQklMTWgzNzBscXhzWklfZEptLTcxOG03MUNmMUVWQU1lQWk3ckV3UTFhYmNzSGlkbi04Sm1vZU5uWlVMMzFmRHN4RHV3ckJrM0pYb2hUQVFfRllRTkR3S01fSzhqRDJzQUJ2ZVh1NHBUNXlkTThPUFhMeUwtWXc?oc=5) · legacy.com
- 2026-09-08 [Banker's Corner: Less time managing money, more time making memories - Community Newspaper Group](https://news.google.com/rss/articles/CBMikAJBVV95cUxPbkVMdVd1ZnduTXphM0ZFUXlzUU1RWVotTUdQbm1wODV1R2VFZjJoTm16dEJ6MVYtWW9GbERsblZuMjRfU0FXNUFYWmZpV1VsTGUxVUtFM2ZjMURmeVZ1THBsVWYzQ2dDMkdQZHRSYTBOM1pfdHI4VEE2YlNoMVF3aHZXbGRNQjZsQ3VEdV9vUV8yMkl4YVdLdzFsa3VKZm5VRERIQlowbWxhR19jVmd4OHFERHhGM3RqeFlnaVZvZk85SU1tT2ZNb0MzcHdiZW9JWkpPcDN5NUlZV1BuYzBkeVhnVWdmSWZyVXdmVDRFZzJDNUZjQ2RuZmU4ZFNkV3NQVWxpd2w1aFlPM0lYdTNIVA?oc=5) · Community Newspaper Group
- 2020-12-16 [Terry Schrage Obituary (1945 - 2020) - Shell Rock, IA - Waverly Democrat - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQYldlbHNuZDJQWGF1cVNrYi16OEZNdFpzWFFuTXVaSmViWWN3TlExalMzREg0dW9zQU5ka0ZDQ3BRektDV0xQbkp0dmtJR3ZSMVhqbUwyMUJCUFRHZUYwVE4tb0o3enAxSm5tOEt6OGFRVnNqNUlSWlRUM0dpdjR1X09EY0FPN05jZmhKSkVWZEt5MjJzemc?oc=5) · legacy.com
- 2022-11-09 [Ryan Sheridan named a member of Iowa Bankers Association Advocacy and Policy Committee - Community Newspaper Group](https://news.google.com/rss/articles/CBMioAJBVV95cUxONjdiZklXdmJDUG5XaWdGaURya0RCNW53bFI0TkpON0M5VUVWRDdyWUJ0b1EzTTFqYTlQdUdRLU5oZlQ0c0dnNnZZdFJmMUMzRTUzbFpmSkNKRVNwbnVMQVMtLWNTemZmLWtCX3M1aDNQS1FzN0FQM09JeFktVHJvZ1poQzZaeDlfTi1iWEFRLWpabmIzZjB2X1hPOWg4bHFNSzhmNzhwQWRoN05fWXdKaFpyYVVUVU1janhVMGc4TDJyRjVyNUJBUEI4YW1MNWljSGVnVVBZeXBYUUJsZk5CMzNkZC0yQUl5aHRoTk9oMWVuOVp5dDlLWDZxdDFzcTBpWFFLeWlnS08wa0xwOWJfcFg4Y3dSSFpHM3BsdTBWUFo?oc=5) · Community Newspaper Group

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12857 (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 "12857", 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