# NEW WASHINGTON STATE BANK
NEW WASHINGTON, IN · FDIC certificate 13305 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $798.1M | |
| Deposits | $721.6M | |
| Loans and leases | $533.3M | |
| Total equity | $70.0M | |
| Loans / deposits | 72.98% (p31 of band) | 82.04% |
| Liquid assets / assets | 27.36% (p57 of band) | |
| Uninsured deposits / deposits | 38.91% (p86 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.33% (p19 of band) | 10.81% |
| Unrealized securities loss / equity | -17.06% (p27 of band) | -8.10% |
| AOCI / equity | -1.09% (p20 of band) | |
| ROA (annualized) | 0.93% (p28 of band) | 1.28% |
| Net interest margin | 3.89% (p49 of band) | 3.91% |
| Efficiency ratio | 70.00% (p73 of band) | |
| Noncurrent loans | 0.83% (p68 of band) | 0.43% |
| Net charge-offs (annualized) | 0.05% (p76 of band) | |
| Reserve coverage of noncurrent | 150.68% | |
| Real estate % of loans | 72% | |
| Construction % of loans | 96.40% (p85 of band) | |
| Auto loans | $30.1M (5.64% of loans; DQ 2.45%, NCO 0.04%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 22.4% | |
| Employees | 129 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 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 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | capital falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 | construction >100% equity | capital falling |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | capital falling |  |
| 2024-09 | 1 |  | construction >100% equity, securities losses >30% of equity |
| 2024-12 | 3 | securities losses >30% of equity, construction >100% equity |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | securities losses >30% of equity |
| 2025-09 | 2 |  |  |
| 2025-12 | 0 |  | capital falling, construction >100% equity |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2024-04-02 [Apiture to Power Online and Mobile Banking for New Washington State Bank - Finovate](https://news.google.com/rss/articles/CBMimgFBVV95cUxQV1R3VWZDU2R1ZkhOX19nYmFPWDFpWXJwOWNNUVhyTWxOdzBoa1k3ek56a0R5Vzc0LW5lVlNjcjhya0NUN3V2Qy1JRlIyVDhUQ0JBaFFjYjlaN3A1VGo4TkpRa0dzR1d2WUxoTDNIRFlpUG91aWd2QjVfZDZIMnI5M0ZNaDVzeGVsaFc4TWxLZXYxbFBSSmxCbWVn?oc=5) · Finovate
- 2025-07-18 [New Washington State Bank to acquire State Bank of Medora - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxPRVNiRl9vSF9Ja0pNRHdISFJ1Zk5oTHpQMS0xOUNaZjNJbGNmOWduWlptRXBfZThNRmYtSjF1eGVKcmVLZFk1WVprWVFYUjNtVTFFak9va3p4djViZExYNk5BRjBZZEdOWmMxNy1JdnNJaHFodmFXaEpZRndUQWY1T01VdmdWYkR2STZoVEhEaDhwQ2k5dFE?oc=5) · The Business Journals
- 2025-07-16 [State Bank of Medora merges with New Washington State Bank - Seymour Tribune](https://news.google.com/rss/articles/CBMilgFBVV95cUxNd3BPQUlzdWo5cHJOQUpOcFhHblZBVnQzZy0zY2JBT1N0azM2aTQ3cjRySUR0bXcwNEJwVG5jZXhTRnZaVkFXamZNT285WUZ5UHpWbmVlR0xWeUxKd2RQWnp2X2VlMGxpSFEybl8tUXp2ZkxLbHFiNXRJVnFBUmJzN09jbUJqTHNtME5MdkJKX0dzaFFfQUE?oc=5) · Seymour Tribune
- 2025-01-21 [New Washington State Bank raises $10M from shareholders, customers to make operations changes - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxPLUFRUF9xSG5CMVZoX3BueHB1QUZSZDBSUXJYWW5GT2Q2cmg5WUl0UDh3bUg2N29oZ3IxRDR3S2l1NVhhbzQteGNyQ2hNZ2YxNTdnblJoS3NXMnJ6bUVuVjd1M3ZaR2pvS2JkUXhHbXhTbFhZQnVnRTJQdlYtekpDNGFOWXU3bmN5c29fdlJzZm5oM0NlZ2ZoYkkyTQ?oc=5) · The Business Journals
- 2019-10-17 [New Washington State Bank opens downtown New Albany branch - News and Tribune](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQLS1oVWZLdlpwZkJhYWRKSlJUQkhCS0Y1eTBJZi1CekdmWXk0eUhPRGx0V2ZmM21taHV5UW5PWVVVNWZYeU1xUTZ4SnhvamtWaUpwWXVfWFV4QW1YbUVkU1BVeFc5dzFDT3pxNjV1RE9XWDY3UGZXRFpiX0hyc01uYWh5VWRJczV4SFNBNGEzaXB3WWFPV3lmVnpybmVaRXIxM2FvWFg5TjBLck5zN2JuVXp0T0R4UEJZVFZfamNNcFpzcVdWQjZFdlhabTBhcTBmWWE5S3JZS2lPZHpv?oc=5) · News and Tribune
- 2021-12-07 [IN PERSON: How mentors helped shape the career of New Washington State Bank's CEO - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOQm1SRUhZVTdhaW5xbElnYnBZMXRKTDRpeXRUUTFEU1RKQ3RieGY0ck5WY0xHU2Y2ejdZQngxVXMtVGN4Z29DWGZzWk1pdjNsdnRkMFpPblhIaG1pWXRmWG95TGY2cUNmeEU4XzRQb3JucUlSeU5GV0phcHlYbU8tRmFLdkF5aUZNTGhFWkhSWkU1UUVzRE9FTUJBYUdYNTk5U1NCVlVyUFhPajV4NDVn?oc=5) · The Business Journals
- 2022-10-20 [Jeff Libs - News and Tribune](https://news.google.com/rss/articles/CBMikgFBVV95cUxNdDhha2lqQ2Q2TWpXc3lWQ0JaT2FKZE5VUFRmSnAxOTBHRWh6NUJJNTFHazJuUl9QQWw3amFSZG8zWTl6S3dlcTEwQ2sxaXN4UERIZEZJRldVYmQ0OVlCS1Qya0dla3Q3dWpSMzluYzl0cDI0eF9COTlQVmhGcl84TGQ2VGVONnJqYmEtVWdOWXdYZw?oc=5) · News and Tribune
- 2022-12-20 [KlariVis Partners with Nine Banks - 01net](https://news.google.com/rss/articles/CBMiZkFVX3lxTE95dExMWnk1M2RSTEJzcWE1RFQ3bFZuRENiYjJZT3pWdkpVd3dtUUU5c3RSQlhYVjJSREp6VWZ5bWgyZ25MZUFzZDRrbllTQzRHbVM4Rzdtd0lVVXlyVFIyQUpjbGpHZw?oc=5) · 01net

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13305 (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 "13305", 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