# MITCHELL BANK
MILWAUKEE, WI · FDIC certificate 13029 · asset band <$300M · latest filing 2020-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 2 (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 | $57.4M | |
| Deposits | $48.8M | |
| Loans and leases | $16.9M | |
| Total equity | $8.6M | |
| Loans / deposits | 34.37% (p7 of band) | 72.51% |
| Liquid assets / assets | 68.36% (p94 of band) | |
| Uninsured deposits / deposits | 20.88% (p64 of band) | 17.44% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p20 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.11% (p84 of band) | 10.85% |
| Unrealized securities loss / equity | 0.00% (p10 of band) | 2.55% |
| AOCI / equity | 0.01% (p19 of band) | |
| ROA (annualized) | 0.10% (p8 of band) | 0.95% |
| Net interest margin | 2.85% (p17 of band) | 3.57% |
| Efficiency ratio | 95.65% (p92 of band) | |
| Noncurrent loans | 0.14% (p31 of band) | 0.49% |
| Net charge-offs (annualized) | 0.04% (p71 of band) | |
| Reserve coverage of noncurrent | 817.39% | |
| Real estate % of loans | 65% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 21.2% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 4 | losing money |  |
| 2011-12 | 3 |  | noncurrent p90 |
| 2012-03 | 4 | expense ratio p90, assets shrinking, uninsured deposits leaving | charge-offs p90, reserve under noncurrent |
| 2012-06 | 3 | reserve under noncurrent | losing money, assets shrinking |
| 2012-09 | 3 |  |  |
| 2012-12 | 4 | capital falling, noncurrent p90 | uninsured deposits leaving |
| 2013-03 | 2 |  | expense ratio p90, capital falling |
| 2013-06 | 4 | losing money, expense ratio p90 |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 6 | deposits shrinking, assets shrinking |  |
| 2014-03 | 5 | charge-offs p90 | losing money, expense ratio p90 |
| 2014-06 | 3 |  | deposits shrinking, assets shrinking |
| 2014-09 | 4 | capital falling |  |
| 2014-12 | 4 | uninsured deposits leaving | capital falling |
| 2015-03 | 3 | expense ratio p90 | charge-offs p90, uninsured deposits leaving |
| 2015-06 | 4 | charge-offs p90 |  |
| 2015-09 | 6 | deposits shrinking, assets shrinking |  |
| 2015-12 | 3 |  | charge-offs p90, deposits shrinking, assets shrinking |
| 2016-03 | 4 | charge-offs p90, deposits shrinking | expense ratio p90 |
| 2016-06 | 3 |  | deposits shrinking |
| 2016-09 | 4 | capital falling |  |
| 2016-12 | 5 | expense ratio p90 |  |
| 2017-03 | 2 |  | noncurrent p90, charge-offs p90, capital falling |
| 2017-06 | 3 | losing money |  |
| 2017-09 | 3 | capital falling | losing money |
| 2017-12 | 2 |  | capital falling |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 | losing money | reserve under noncurrent |
| 2018-09 | 2 | deposits shrinking, assets shrinking | expense ratio p90, losing money |
| 2018-12 | 3 | uninsured deposits leaving |  |
| 2019-03 | 2 |  | assets shrinking |
| 2019-06 | 3 | capital falling |  |
| 2019-09 | 0 |  | deposits shrinking, uninsured deposits leaving, capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 2 | losing money, expense ratio p90 |  |
| 2020-06 | 1 |  | losing money |
| 2020-09 | 2 | capital falling |  |

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

- 2020-11-24 [First Federal Bank of Wisconsin to complete Mitchell Bank acquisition - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMilgFBVV95cUxQSUhkWVBvZ3VGWFJBUUtoRjhsUklGM3JJTGEzZTVsaHBEcFhjYkY2bVpBQWJsSWlHZ19sV1k1MDdRcVQzTi1uRzJpd2dwS1ctQUVWb2ItOHNoeFRFRUN0T2Z3U0hfeTFYVG9Rekh2bXRJZm5NclI1U05oTUVFelF6QUtfQzhnTHZWaEVnQklYNUI2NERPNFE?oc=5) · BizTimes - Milwaukee Business News
- 2022-09-21 [Urban spelunking: First Federal / Mitchell Street State Bank - OnMilwaukee](https://news.google.com/rss/articles/CBMie0FVX3lxTE9SNmM5NnN6MGlhWlNwakhuNnRjc2J2ZldWZjFPWkdxbGdSM0pIaFRDaF9oeVNSS3Zzb2kwaUg3OV9XQUlaYVk4YWhrMk9JVmdCOTRiZVNsTFV6QmRMTjFnZTNaWVdOYzBkaHpwYkNWOWE3MEJhWFFON0lldw?oc=5) · OnMilwaukee
- 2023-10-25 [Black Banks’ Future Discussed at NBA Meeting - The Washington Informer](https://news.google.com/rss/articles/CBMib0FVX3lxTFBZVFFMUkNZNGdLTzNaNjhJZEFEcEhxUzRVZVFyMHZEb1B4UDVzVzJTX243R2NxSVNqRVk4MnlXN1Jvd3FmNzJyQ1k5N3dKTkp3M255UkRDUWQ1VFRPejRMMktSTDBOLTRjSExsdHJXQQ?oc=5) · The Washington Informer
- 2023-04-14 [First Federal Bank of Wisconsin mirrors its market: Diversity in Business Awards - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNNldmaDR0bU1uSDBEdl9oV000bzB5RTdRRTFPS0xNRVcyMzFSMTZVQ3loaks0dVNkVEJxZHRJZ01FZ0ZBeVV3cWFMbXNtZ3ZuUU56ZDhjSllnLWtmZVB0YVFRZWtBb1NhejJrOVBJcm81OEVmSlJDUHlHWl9oZG9fSGtJTUtkb2VsRnN1V01qNGhLVEY5cElTdDRrc2RldG5YTGROR0ZFc3VNZw?oc=5) · The Business Journals
- 2005-07-08 [Banks Open Doors To New Customers: Illegal Immigrants - WSJ](https://news.google.com/rss/articles/CBMiXkFVX3lxTE5GXzNOdFFTcDVqejdsUFJBdk5KZnVyOEFEOEl4dDZIR2NrSFNNLUI2Qkdia2s5TlF3aHdTNnVMdVpTQnpYalpKVVFFbkZrMjY1T2Y3TlF6cmplQ1V4NXc?oc=5) · WSJ
- 2026-02-26 [First Federal Bank of Wisconsin reducing footprint with two branch closures - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOWFFVVnltR3QxQTduY2NYc2dsVDBGUzRrZ3p6bVRVWUJ4ZjlJaWZzMHFRWDc0dWlVcmZmZERna0lITEJZNlpSZTFWSE5BX1E4SUlKUi1rUVlLcnk0WGtIeE9GTnRJZWVpYzZUZGJIakY3TU0xVE9aT1piNkt3R3FMOE1tRFUzdV9Oc2d4emozREZjcUxtTURDcEJlYnpxSEFCc2ZpQ010ckpUSGEzc0E?oc=5) · The Business Journals
- 2011-03-18 [British hacker jailed over £7m virtual gaming chips scam - The Guardian](https://news.google.com/rss/articles/CBMiigFBVV95cUxQZ0xUOFdra2FGWFZyWDJfVWw1TlkyUWtaRXlRWlBMQnA5blRxN1ZtWE9jZEswdlZqTG9qSUNhdnFUZEQ1UDB3ci1GOVZPMTdCeUFwbHRuN2hfdjUxbUtJUWRkMnZXNUZUSHNXOEdBUlk1LWJ3NmoxVzVZbVBybEVnRmJkRDBjMHRtenc?oc=5) · The Guardian
- 2021-01-16 [Timothy Janke Obituary - Athens, GA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxOMWhUTWZTQjluNDBWZ2hqQklzVVlUNHVEcWdxNTJ6TFNlazZad2VpQkFBa1BCeUUyam1uZ1Q0MGdGOGp5VVVIYTN6OVlpWnRFS0Q3OWlLMDVYcXdrT0hucnBETjlKMHBUMHY3R29EeHo4ck9PMy1SY0Ywc2haQkt5bw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13029 (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/37.json (key "13029", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide