# PERKINS STATE BANK
WILLISTON, FL · FDIC certificate 134 · asset band <$300M · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $175.2M | |
| Deposits | $161.8M | |
| Loans and leases | $93.2M | |
| Total equity | $13.1M | |
| Loans / deposits | 56.13% (p28 of band) | 68.02% |
| Liquid assets / assets | 38.26% (p55 of band) | |
| Uninsured deposits / deposits | 14.43% (p76 of band) | 8.86% |
| Brokered deposits | 1.21% | |
| Wholesale funding | 1.21% (p47 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.58% (p8 of band) | 10.05% |
| Unrealized securities loss / equity | 0.45% (p21 of band) | 3.01% |
| AOCI / equity | 2.15% (p91 of band) | |
| ROA (annualized) | -1.54% (p3 of band) | 0.76% |
| Net interest margin | 4.36% (p81 of band) | 3.75% |
| Efficiency ratio | 121.45% (p97 of band) | |
| Noncurrent loans | 3.76% (p82 of band) | 1.21% |
| Net charge-offs (annualized) | 1.09% (p94 of band) | |
| Reserve coverage of noncurrent | 68.44% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 2.46% (p22 of band) | |
| Auto loans | $1.8M (1.91% of loans; DQ 3.15%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.3% | |
| Employees | 67 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 3 | losing money, charge-offs p90 | noncurrent p90 |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 5 | capital falling, expense ratio p90 |  |
| 2012-06 | 5 | assets shrinking | capital falling |
| 2012-09 | 7 | deposits shrinking, uninsured deposits leaving |  |
| 2012-12 | 6 |  | deposits shrinking |

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

- 2012-12-19 [Drummond credits the Hornets for his successful banking career - Valdosta Daily Times](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPVlExcWtVZzhudXRvNlFIOEJfaGtSODJjVENka1NNc1BxenBnbzd4bkJjOV9OSkJhdW9wN1hXNHJyaEd2MU5jWExNMTdjR21DWkZaeE1KYm1CS3pwOHFNWndwdWNtYW9kTWxiMWZfQl9BSjlKeHh0M2c2SWN2a2htVGtkdEJveEM4Uk16YWRxWTQwTExsV1hqUHZqM1d6ejdHbUdzVG5id20?oc=5) · Valdosta Daily Times
- 2024-06-27 [Candidate Profile: Mandy Waters, Clerk of Circuit Court and Comptroller - chronicleonline.com](https://news.google.com/rss/articles/CBMimwJBVV95cUxNeDZuZjRzbUpQNGh2SU0yNWJNYmJ5QVhmRW5PSG9mek53U01DNjQzVEhHeW9RZ1FXNjFodF9XTkdpT19zRy1LSExLTjFXelVXdlRBbm9KY3FwRU5La3ZFcnVvTjRUTDZCV1JEbG5aQWltUVZIdVZSSHFFTmN0LUNxOW1CVXY5VTNtOEdRenJNZnVMbU9TbE1HdTg0dGJkU1VCNnpqNDRhQUJUUTVEcU42WW9fN2F6c1BXaVdoSVNZX3psWE9PSC1IX2RpUjJxSGRhLXhxVTlNNW5qS0RZdEc2YlV2WHpmNWdsZTB4YWw3UjBLYTA5UkVhOUJ3YXBRRnpwbVRTd1dZR01Qdnd1MGw2OTF5MEZOUzZHeEZv?oc=5) · chronicleonline.com
- 2006-09-04 [A renaissance for Williston? - Gainesville Sun](https://news.google.com/rss/articles/CBMilAFBVV95cUxORVF5eVYtRHNMVVN3OEtaNVJFdFA5aFRLS2VWUm03SjRtSy1yY0dZM2Z1N25ZbWYzWWZKcUUyUVlhamU0Y3ItX0FPNWdySjYyNXloX05jVnBCQ2E3TGNXMGVlRzI0YTZIZVVkZ1NPeWo0OXpqVE9aVWZ6bndqcEdOMUdwbWk0eXdmTEdqbjlVemZla3FB?oc=5) · Gainesville Sun
- 2024-05-16 [Brenda Sommerfield Obituary (1947 - 2024) - Inverness, FL - Citrus County Chronicle - Legacy obituary](https://news.google.com/rss/articles/CBMingFBVV95cUxQR1dyc1o1S2pVNkFCUTlqR2ZieTU5Z3ZXMGNkVHpIV0lDMVB4eUlPYXZpUXJxYlVxanBxS0F1ODVDSnFkUml3YlhxQzVTQ0Y4eDdtdjhTdUdtd0xSLXQ3RGZJbUN3cGlYckdtdVQ2X3l6UXE3M2J4MVFKSUdhSkIxT2RhSTlVaFpvRGp5MDc3WWRNT2g4R3N5Y3J6R2NWQQ?oc=5) · Legacy obituary
- 2007-05-19 [Ceremony honors Leadership grads, founder - Ocala StarBanner](https://news.google.com/rss/articles/CBMingFBVV95cUxNUm1oS0lPUnZiLXpNRXY1RlRXWnZrWXhsQ2Q3alFMTkUyYkl3VWZXdkpOVk5SQ2xjU1ptRExJTEpPdGRqamJfZE5Hdk5rbm1vZjZZd2VZV0RCbEVvVlpZcGlEY2IwR3RzT0dnWlRhQ1RvdGJjNV9hY2loVTdhejNiNlRGOFg2eTNLdVBJbVlvSHlIbFFKMFZvNVNHblFNZw?oc=5) · Ocala StarBanner
- 2024-11-08 [Audrey Sharp Obituary (1941 - 2024) - Idaho Falls, ID - Post Register - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxNeGhfclRxSElkaEF0WTFCYUVYb3ZucnJ6YnBIQ0lfd2Q2WHFYQVBIQW5NbW9wUU0zT2JVMlRMcV9CMVhYWW11NEIzNEptck12RlMxem9wT0pyUTUzZ3Ixc3hiMzBKcHVxZ1RsSG84TFlad1dVWlhMd3RwMWJERU0wRVE0cW9nS21BSDhySkh3aG9JZw?oc=5) · Legacy obituary
- 2012-07-11 [U.S. marshals arrest suspected Levy cattle thief - Gainesville Sun](https://news.google.com/rss/articles/CBMinwFBVV95cUxQMmk2a1lwX2tmcDBkSDhiZHVrcFlXNHQzZkFnMzdMbF9tNE1uZVRSZGRlSGdVQkxpblAtaVpEYTctWHZUVzFRN3loZldEcHRyZ1QtcWE0UGY0eElUQ29nSVNhWDlrbFBqSEpJZGlBMk00X2hvSDc3M0FrVTN6RFFSSTdWUFkwblNQQjhBLVl3eVJkWEZFQkZiTzFkNExGaGc?oc=5) · Gainesville Sun
- 2021-11-07 [Tiffany Poupard Obituary (2009) - Gainesville, FL - Gainesville Sun - Legacy obituary](https://news.google.com/rss/articles/CBMilAFBVV95cUxOa0ZUQzJOaWNhZHhfcHJtY3hSZVNiMzM5cFB4a0hRd3RkcFEzM09GZTFKQzJlUU5hcURhS2x1VENiMDMyUzhvRHBWVVVTcF9pSmtmNWljd213a0w1QUN4c3FxQ0t4aHBRTFVaVDVGVDI5bUpXb01nV0FNVlF4Vlg3eERXbFo5cUVaUENxYVZMb0t2NkR0?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=134 (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/6.json (key "134", 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