# DAIRYLAND STATE BANK
BRUCE, WI · FDIC certificate 13022 · asset band <$300M · latest filing 2018-06 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $79.8M | |
| Deposits | $71.2M | |
| Loans and leases | $51.8M | |
| Total equity | $8.4M | |
| Loans / deposits | 71.82% (p41 of band) | 76.78% |
| Liquid assets / assets | 32.86% (p56 of band) | |
| Uninsured deposits / deposits | 7.97% (p17 of band) | 15.22% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.10% (p32 of band) | 11.19% |
| Unrealized securities loss / equity | -0.02% (p87 of band) | -2.38% |
| AOCI / equity | -0.64% (p64 of band) | |
| ROA (annualized) | 1.01% (p50 of band) | 1.00% |
| Net interest margin | 3.87% (p56 of band) | 3.78% |
| Efficiency ratio | 75.37% (p66 of band) | |
| Noncurrent loans | 0.52% (p48 of band) | 0.57% |
| Net charge-offs (annualized) | 0.02% (p63 of band) | |
| Reserve coverage of noncurrent | 246.07% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 20.88% (p55 of band) | |
| Auto loans | $834,000 (1.61% of loans; DQ 0.60%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.8% | |
| Employees | 26 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2012-12 | 2 | reserve under noncurrent |  |
| 2013-03 | 2 | capital falling | uninsured deposits leaving |
| 2013-06 | 0 |  | reserve under noncurrent, capital falling |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 | capital falling | reserve under noncurrent |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 2 | reserve under noncurrent |  |
| 2015-03 | 0 |  | capital falling, reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | reserve under noncurrent |  |
| 2016-09 | 0 |  | reserve under noncurrent |
| 2016-12 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2017-03 | 3 | assets shrinking |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | assets shrinking |
| 2017-12 | 2 | capital falling | deposits shrinking |
| 2018-03 | 1 | reserve under noncurrent | uninsured deposits leaving, capital falling |
| 2018-06 | 0 |  | reserve under noncurrent |

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

- 2016-10-02 [New business: Dairyland State Bank opens branch in Hayward - apg-wi.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxNYy04REdwenFFM05OOUpPNHV0X05USmNEcVY5MlMyY0xLWlVxa3hZOXdvWG5QSVVteTRBOXZCdGJCMDFrQi1rV2IxT2t1QWZIV0NFdGNhek04RmhOa0tZZXFqQURjM016azFKQjhBR1V0VjN5eXBBTEhDX08tbkFEREliTkV4ZmVyWGNQLUxta2ZJSk40bXVQZThHZWJJejQ0NzZiTy1HVi05NUo3YmN6NDE5d2lvcGNkOXZScjM4amhGajEySkNDZ2FFVGxMd0hWZUlULVU3V2dZaHo2cm9WSEJnQkpCZEg2ZlltMkFmOFEwekh2Vmxibg?oc=5) · apg-wi.com
- 2018-03-03 [Cleo Hegeholz - The Ladysmith News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQYU5WelhTdklFTnc1TlVLcml6ekhmLXRhdVVFclhibHFNVzZzRTVtUXVnX2d1NVo5Z0YybjZiSVpHeTJGRzBtNm9OQkIwbXR2RDNWTmxfSTVGZlhmb21fLWphZnFCQjlreXl0alY3UVE1U1NOSm9HSmlFT1hVazRhTUVaN1RONm9Db1ZvSG4tZnhicnE2?oc=5) · The Ladysmith News
- 2009-10-31 [Northland briefs: Man sought in Sawyer County bank robbery - Duluth News Tribune](https://news.google.com/rss/articles/CBMinAFBVV95cUxNQm53eVVETG1ubWJvVDJtenNGbkF3NExWdGdWWDVNLTFxUGJMbVQ4RkdUS2RmUXJpRVZIbFFkaDRNMXlUZWdIWWh4Y09JV1Q2RlV0SHBWMWNram4zVUZXTEt2bUJCMWJNTjFBZjVUY2dsV0d5RTV0dFhKS3kzaDNtUy1XSjNNV2I5ZWFnWDVQUlJ1WF9ocnY1U3JMdU4?oc=5) · Duluth News Tribune
- 2009-11-04 [Two charged with armed robbery of Exeland bank; third suspect shot, killed - apg-wi.com](https://news.google.com/rss/articles/CBMigAJBVV95cUxPUmZpWmQxYzFtN1d4OU0ySzlOdjBlc29JRGpaTklsNFJ6Q0ZqZ193LUlDb3NEbDA1MEdCOWJoVUtoS0JCMk1kajRZamg3RS1SQ25UVHRUTUQ1M3hwR1JkUjZzREI5Zm1IZDlmSm9NR1o5c2FyRXN0Z05jek1PeXJ0UER2M09OVC1QVmNKQnRiQV9FSUR2S2xCdkZna0lrOVZUZEVROTE3Mkc2RE1lcXFNWDZwVnlPWFZSXzZMNk5JOTVrZXJFejhCUVBqUGl6Nm1uSDVmdU5BVUFZMkZUQXl0RHpxalNrMkVNWXFEMGFxMmh1TFBYQlJtTDV2aS15OENI?oc=5) · apg-wi.com
- 2024-02-19 [Betty Goff - The Ladysmith News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQSzlFQlNqN2RlMkUxU1VfY29yblNaWVBFUmUyYVVsOGZDc0tzSXgtcTdHWURnbmNiYVFjRDNCQ2FlZEt5eUhkT0M4TUh3Zm44V0RXeGFjam12azhSRkNxRlg2UVpkdjU1NjFaYktvcS1FMXlJX3JhbGNQem8tUFNSZUphU0lWa0N5amZTdWtvbzU5RnlK?oc=5) · The Ladysmith News
- 2010-03-03 [DNR warden was in right place at right time - Leader-Telegram](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOUDRka2dTX2xBNGx3dlp0M1dBTXNWY2FHQjQ3VElHVVZRVnBtUXh5MVE5cFhoZ3pNZDBoajhpdFk4blJVeTdPby1hR25IVlFicWxOYnlDWTEtN3lGT3g3ckoyUUNmdDJEM3hNSVdRMUItanFqcThfWGpBS0NWQmhkZk5WSW95SUZKcW5ySGNYSm5BMDkyMjA1UTFmUmY5Ui13Y0tJbktCOTVYeHU5R1plUW8xb1RrV0dmQU1MaVFhUzZnNlQtVjMzYlNKS1RmWFBuaE0tUVJCRQ?oc=5) · Leader-Telegram
- 2018-06-24 [Raymond Adams - The Ladysmith News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQOWk0d0c0VXg2ekhiRVZ0T1EzalRIV29Yam1mZ2xXcjFtVXh6VFl4N1B2dktsQVNZa2xrajRCZEdYMDFpa3RfTkxFR01oQzlMcHBCelR5VmxraVBMNFlZbUxnMVB4OGhSRXNQZnQzRlo3MS1kQXdJcTVxcm05bDU0WWctUXFtbnZ1MTZoWm5YS1JHRU5m?oc=5) · The Ladysmith News
- 2009-11-04 [Two local men arrested in Exeland bank robbery - apg-wi.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQWVNwcmNRampBZERDWFhIZXFjTkVxTEtYNWlPdER0RGExZEtSX2RaRHJUS1I4bldIS1FsYUlHdUEzZGEydmFNcS1Ja0E1azNvNENkLWp2OHFMaXoyMzRkUzhTdVdSYm9rVDhQVk95MFhaZlJiNWdHdnFDMnFYOUFwenNFR0YwSGdjcGVSY21wNTRNdHVMN2w1WllXLWh1STJ0QW9NemVkM19WMl9vV2M1WDRTcmRrM3dqVnNSMDRvOTQzcWg1X3Q3NGVUTFBhUjhvclhqNjRFa29wZ1hn?oc=5) · apg-wi.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13022 (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/30.json (key "13022", 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