# LAKE CITY BANK
WARSAW, IN · FDIC certificate 13102 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $7.24B | |
| Deposits | $6.34B | |
| Loans and leases | $5.58B | |
| Total equity | $751.4M | |
| Loans / deposits | 86.89% (p50 of band) | 87.10% |
| Liquid assets / assets | 18.83% (p40 of band) | |
| Uninsured deposits / deposits | 57.58% (p95 of band) | 30.76% |
| Brokered deposits | 4.13% | |
| Wholesale funding | 5.21% (p47 of band) | |
| FHLB advances / assets | 0.98% | |
| Tier 1 leverage | 11.89% (p75 of band) | 10.50% |
| Unrealized securities loss / equity | -20.85% (p18 of band) | -7.75% |
| AOCI / equity | 0.36% (p90 of band) | |
| ROA (annualized) | 1.66% (p77 of band) | 1.26% |
| Net interest margin | 3.47% (p35 of band) | 3.70% |
| Efficiency ratio | 45.83% (p14 of band) | |
| Noncurrent loans | 0.36% (p37 of band) | 0.51% |
| Net charge-offs (annualized) | 0.06% (p65 of band) | |
| Reserve coverage of noncurrent | 353.24% | |
| Real estate % of loans | 63% | |
| Construction % of loans | 60.03% (p63 of band) | |
| Auto loans | $34.6M (0.62% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 2.7% | |
| Employees | 695 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 2 | capital falling, charge-offs p90 |  |
| 2014-06 | 1 |  | charge-offs p90 |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 3 | uninsured deposits >50%, capital falling, run vulnerability |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | capital falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 0 |  | uninsured deposits >50%, run vulnerability |
| 2017-12 | 0 |  |  |
| 2018-03 | 4 | uninsured deposits >50%, capital falling, run vulnerability, charge-offs p90 |  |
| 2018-06 | 0 |  | uninsured deposits >50%, capital falling, run vulnerability, charge-offs p90 |
| 2018-09 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2018-12 | 0 |  | uninsured deposits >50%, run vulnerability |
| 2019-03 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2019-06 | 0 |  | uninsured deposits >50%, run vulnerability |
| 2019-09 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 2 |  | charge-offs p90 |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | capital falling | run vulnerability |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 5 | charge-offs p90, construction >100% equity, deposits shrinking | AOCI drag >20% of equity |
| 2023-06 | 4 |  | deposits shrinking |
| 2023-09 | 4 | run vulnerability | charge-offs p90 |
| 2023-12 | 2 |  | securities losses >30% of equity, run vulnerability |
| 2024-03 | 4 | securities losses >30% of equity, run vulnerability |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 3 |  | securities losses >30% of equity |
| 2024-12 | 3 | securities losses >30% of equity | construction >100% equity |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 | charge-offs p90 | run vulnerability, securities losses >30% of equity |
| 2025-09 | 3 | run vulnerability |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 |  | charge-offs p90 |
| 2026-06 | 3 | capital falling |  |

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

- 2026-09-09 [Lake City Bank names Jim D. Gray vice president, commercial banking officer in Indianapolis region - Bitget](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9UaERuSThrU2RsRENmUVVBYWRvbmwxTzROZzV5X0lETGxrcWpBS0RUMTJIWFlFa3lLWHdQaVN1cjZyT3FTNTI1ZV9RaGMyeTJHcHJNT2JXS2tKNHBzbENXMXhWY9IBY0FVX3lxTE9UaERuSThrU2RsRENmUVVBYWRvbmwxTzROZzV5X0lETGxrcWpBS0RUMTJIWFlFa3lLWHdQaVN1cjZyT3FTNTI1ZV9RaGMyeTJHcHJNT2JXS2tKNHBzbENXMXhWYw?oc=5) · Bitget
- 2026-09-09 [Lakeland Financial : Lake City Bank Welcomes Jim D. Gray to its Commercial Banking Team - marketscreener.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQdnBkdW9VTUNIUDAzWXBaN2Fkck5wYjRQSUFlbG5kak9qcmtBakRFcEhVN2M5RjJYUWJQRV9hZ3ozdFh5aWFEaTltREIzdnc5b3hNN2NQQ3NpUTFfX2dYVXJRQllla1Uwbk9COVh3T3pEWlFXcmZxVkVHNjkzZGpyVGNsS3lIN084bXpRdG5VRXBPVTd1NUM4WlBYbUd4UDRDWERTeGNZaGc5MUZSREp4Tk52LURUMDdTYXJ3aXdhMW5sVTNEWFV2alVTZTlVNldoek1v?oc=5) · marketscreener.com
- 2026-09-05 [Lake City Bank’s Zaneta K. Rorie Promoted To Retail Banking Officer At Elkhart H.S. - timesuniononline.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQbXQyQlJNVXdhdEFwWm9VU21EM0w3WGJtNVl6LVI5OUtkYVRzX1JWUVllYnpZVl9sYVZVUFhWa0N5S19uQXVoRmpTS1huSkEzSEFCaUg1QnNwbkVUSXF3cjFabW9MZ0dqLWdmZ0pEem9BX0Q2cUFxNVpqVV9jQVppOWR5dk5fVElUbWNtOGlhS181UUNCS0V2SGtkMDBDeTJxeHYtVmpoYWdza184Nk9BNmgtTUxITnpPT2NhR0lOaFE?oc=5) · timesuniononline.com
- 2026-08-25 [Lake City Bank Ranks 15th in Bank Director Magazine’s 2026 RankingBanking Analysis - Quiver Quantitative](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPai1qUXJDSWR0ZDZ1a1diYWxheGo0clBVMFVtckRQdkhZR0FzZEQ2MDdTVjBZajU0Z0wxZUtndjFzaFdNa1NBUnlITko5SWQtWl9KX1FfV054QzlxRDZlOUdqc3dUaUlnRTNubDVqeGZyZ3FlN3FhVW5fYS0zdFkyal96QllvWjg0aGRjbXdOb25hRWtudlp2bDVPSUJYS2J3SlhSc18tYW81and1VHliT0I5cll5YXNkN1lHVFNPaXc?oc=5) · Quiver Quantitative
- 2026-07-28 [Lake City Bank touts record second quarter profit - Inside INdiana Business](https://news.google.com/rss/articles/CBMinAFBVV95cUxORHhSWkZNRHJHRGotaEJXZTRDaEpObWtTUXZvLWRJN1BHZ0oydXAyWm9WRnVUUE5wd2dUazkwM1FaNnhSNWRZbWgxUjQ2aTRPMFFKNkVvRzM5VnlqNzhJdFVMczJDNkE2UDBrUXlhWTBUanlKV1NzUWVvbU1Yc2t0eVEyZWxpWVRIQXpJN1lxZy00M1RVVnZHcFdxVm4?oc=5) · Inside INdiana Business
- 2026-07-21 [Lake City Bank leaders named to Indiana 250 lis... - Pluang](https://news.google.com/rss/articles/CBMingFBVV95cUxNeEJYWjZQNk50akxENHFpaldIVXBUbWdRTWRuR1RITHN2WmQ1Zmg0VHI5a19QR1B0UVRsQk1pLU54OWxfZlZ2S0pFdXViRU9NMU0yVmR1MnZ5dWZVQ0pMaUNCR19qTE9tU0NwVTRNbjhHWGdiTVNhbXplOVlSc1VXazNZREI1Wlh6MWJlaVA2d3FiOENjTDJ4Zzk5TlcyQQ?oc=5) · Pluang
- 2026-07-27 [Lake City Bank (NASDAQ:LKFN) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings - StockStory](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPUXpTQzVmNmRfY0REQVRzYllOXzd1Q19NM1JXa0ZHNE5yVFdOellhcExwb0x1TUJEOVcxUFItRFBXQnR4Unl0UzM5WUl0ZEc1YUYxTWd4Zk9KWl9Ebkx3V2dMbmItYUwxZ0tqM0g4cERrNHFnaGxFTUN1ZVZxT21vaWIzV1J5QnJ2a3AxbjFkUHZfTEN3dWhvZV9hbFE1X3ZyamJwVG5NUlpFbWxRX0lyQlozUGUzV0hxWW1WVkRLV29GaURPTDR4SFVMNWV6azEtUGJWLTlBWWxjM0Yt?oc=5) · StockStory
- 2026-08-09 [Lake City Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMib0FVX3lxTE9sY0xteV9sQkJvRkRLTUFZVjBCMVEwVlZmOUJSdk05UXhrM0g5SnZkcm5abGtpY3lvUy01YlV4TWlncDhFMlNxWkJMaVdfbkQydi1OQXJfV2xjSTFTeGFVME05U0xlS1NQVmtNM3d0UQ?oc=5) · reveliolabs.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13102 (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/46.json (key "13102", 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