# ELBERFELD STATE BANK
ELBERFELD, IN · FDIC certificate 13104 · asset band <$300M · latest filing 2020-12 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $86.5M | |
| Deposits | $75.4M | |
| Loans and leases | $40.5M | |
| Total equity | $10.2M | |
| Loans / deposits | 52.84% (p25 of band) | 68.14% |
| Liquid assets / assets | 47.65% (p70 of band) | |
| Uninsured deposits / deposits | 12.04% (p26 of band) | 17.85% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p22 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.41% (p60 of band) | 10.68% |
| Unrealized securities loss / equity | 4.05% (p64 of band) | 2.41% |
| AOCI / equity | 1.22% (p50 of band) | |
| ROA (annualized) | 0.89% (p48 of band) | 0.92% |
| Net interest margin | 3.28% (p38 of band) | 3.52% |
| Efficiency ratio | 70.63% (p50 of band) | |
| Noncurrent loans | 2.10% (p87 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p32 of band) | |
| Reserve coverage of noncurrent | 76.73% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 1.65% (p22 of band) | |
| Auto loans | $360,000 (0.89% of loans; DQ 1.39%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.2% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## 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 | 1 | uninsured deposits leaving |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 0 |  | uninsured deposits leaving, capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 | reserve under noncurrent | capital falling |
| 2013-09 | 0 |  | reserve under noncurrent |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | deposits shrinking |  |
| 2019-03 | 1 | reserve under noncurrent | deposits shrinking |
| 2019-06 | 3 | noncurrent p90, charge-offs p90 |  |
| 2019-09 | 2 |  | charge-offs p90 |
| 2019-12 | 1 |  | noncurrent p90 |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 3 | noncurrent p90 |  |
| 2020-12 | 1 |  | capital falling, noncurrent p90 |

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

- 2021-03-31 [Purchase of Elberfeld State Bank by Heritage Federal Credit Union complete - Eyewitness News (WEHT/WTVW)](https://news.google.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?oc=5) · Eyewitness News (WEHT/WTVW)
- 2020-07-02 [Heritage Federal Credit Union, Elberfeld State Bank announce strategic acquisition - 14 News](https://news.google.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?oc=5) · 14 News
- 2022-05-25 [Heritage Federal Credit Union announces new President & CEO - CUInsight](https://news.google.com/rss/articles/CBMiogFBVV95cUxQRHdhcHpJQ3E2X0JSZXZ0dWlvM2FQcUlNRkg2U0RjanJOWXNUcVpfUDRob3BfMzFZS0JNaVg3UTJ5TzBSS19oT2VpMFhLNVJNellrVE1oMXl5Y0cyci1rbnVybDhiVW5EV3FRUXI1M3BxR0pSUTRsTTlhRjVmMUMtN1dOSXVBbWNhRHBWWGZGS29uUGtHMGJPTzA4OVA5akNCNGc?oc=5) · CUInsight
- 2021-01-21 [Viewpoint: Leveling the playing field between banks, credit unions - Courier & Press](https://news.google.com/rss/articles/CBMixAFBVV95cUxNcnFLQzFpeGpSbEdjeFhFNlVVbWpuUWM3UG5fdGliVWVnNWkxVmxneG1oSWFPNzJTdXdlZ0RjOThXOFItcXl6VjVTMnNyc0dZb3V4RlFPZU9NeG5ZNUpYU3NCOHg2R2t5MWpKQkxiaFBaU0Nid3JjZ3BKQmZjVEoyVGdUOFNJTXhTU1VvcEpnS1BFQjdjRnhkQlZza2FMUlpKZVJnT1dVeE5ReUlJbS1NM21RdzVvTElMXzJ2TzV4ODdFU1VQ?oc=5) · Courier &amp; Press
- 2019-03-02 [Dorothy L. Holtz Obituary Mar 2, 2019 - Titzer Family Funeral Homes](https://news.google.com/rss/articles/CBMieEFVX3lxTE5STTR0MUszYklMbFJvVXA0bnlVSzhzaWR2bHJZa1k2OXJndk16ZDNYV0Jpd2Q1dng0RmVmY1hWXzhZNktGQlp3cWNlb2pYWGhacHRFaXJEaDBKQUFsNEtmdnJpcmhPZ2dLMEN0a1JONnh6UWtISzVCVA?oc=5) · Titzer Family Funeral Homes
- 2018-04-25 [Dallas Skelton Obituary - Evansville, IN - Dignity Memorial](https://news.google.com/rss/articles/CBMihgFBVV95cUxObXJiUmdkR2E2YlJlTkdlaERWWkh5R0tVX1BmUmdCZWRtOFRZRlNSQVJ6UE5oQnNsbmtYNW4zcnNrbmw5NU4wSTk1d0tMdXJTby1EbUhNNmgzQUFrTUNLa0l4YkMweWJPWUZfckk2ZFp5OWFYTTRKWTRKMTZFRzllZzZfWktfdw?oc=5) · Dignity Memorial
- 2018-03-14 [Barry Claridge Obituary (2018) - Evansville, IN - Courier Press - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQWElKdkN6QXNKT1duZE9JV0ZWbTM5WVZOaVNqaEQ3aC1LaXBYUExHMWNXdUk1QmRDeXJCbzhNRVB4cHRlWlVkcDFsdkZRTmpyYm9TYnJsbXpYck1zYlcxTEt4cTA4anRVU2R5TUtBRWpLNWRlM3lzODMzcHRPWVBIRU9XV2hiUTR6enhNQzBWUS1vWnBy?oc=5) · legacy.com
- 2010-06-14 [Carl H Godeke Obituary Jun 14, 2010 - Titzer Family Funeral Homes](https://news.google.com/rss/articles/CBMia0FVX3lxTFA0MXBmdXdrSUd3bV9tTVlJNEwtMTJCTHNzMnVWY0tscjFNWW5tdzktWDVSdnBNZVNFSnF0TjIzX1oxNHQ5enJISGg0aVZubzk1d2tOdEllcFNUSVlBWFZ6T3hWdzFoTy03SVZZ?oc=5) · Titzer Family Funeral Homes

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13104 (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/48.json (key "13104", 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