# WADENA STATE BANK
WADENA, MN · FDIC certificate 13430 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $206.6M | |
| Deposits | $187.9M | |
| Loans and leases | $131.6M | |
| Total equity | $17.9M | |
| Loans / deposits | 69.37% (p44 of band) | 73.59% |
| Liquid assets / assets | 33.54% (p52 of band) | |
| Uninsured deposits / deposits | 13.14% (p25 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.84% (p22 of band) | 11.76% |
| Unrealized securities loss / equity | -19.43% (p24 of band) | -6.57% |
| AOCI / equity | -0.69% (p36 of band) | |
| ROA (annualized) | 1.85% (p82 of band) | 1.17% |
| Net interest margin | 4.40% (p73 of band) | 3.93% |
| Efficiency ratio | 54.70% (p22 of band) | |
| Noncurrent loans | 0.04% (p29 of band) | 0.36% |
| Net charge-offs (annualized) | -0.02% (p8 of band) | |
| Reserve coverage of noncurrent | 2367.92% | |
| Real estate % of loans | 71% | |
| Construction % of loans | 26.21% (p61 of band) | |
| Auto loans | $2.2M (1.70% of loans; DQ 0.36%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.1% | |
| Employees | 31 | |

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2026-08-26 [Wadena State Bank donates $50,000 towards new pickleball courts - Wadena Pioneer Journal](https://news.google.com/rss/articles/CBMinwFBVV95cUxNN3JySVVnTnhFekNTeFBNOWFIMG1iU0RZNGVCS05SeEZHMDZTUlFQc1NRNGRTaV9yWHgtaTA0ZTlzTXA0dFlhTnZOY2pzMWdxN0pYeTAycVhrQ0xKeW9WN3ZmRUwwMzljUVZqR1JNb1FWek9Kdld6Qm04aTRXVTM3ZUxFb0lzWlY5eWdfWGlhOFd3SnF6NEkzd2JPbTFXZGM?oc=5) · Wadena Pioneer Journal
- 2026-01-28 [Wadena State Bank honors longtime board member Dr. Joseph Miller, welcomes Dr. Paul Drange - Wadena Pioneer Journal](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQdDFYbGNsWHN2RVFybjRuZW1ROHRaQ0NMWlRZVm55SHVBcXBlX3h6SHVuSnB2TGJjZWJZdzNlbHhib3RvdHFVOEFpX0FLNGhNNllBWHpQaHJvUmRyMGd5Nm05TV9nQUN3YVdTeWlDR2Y5cks0S1BMa2ptRDBpY1dUcnBKSG5WUFZyZGZlbGZaMWgxTkRxZjBLQVhqT1NINm1xM1djSjdjOVdhV2NhSFdtWWdWSk5sM1dZdmR5T1hQVk4?oc=5) · Wadena Pioneer Journal
- 2021-10-21 [Benefit Account set up for Wadena Fire Victims - Valley News Live](https://news.google.com/rss/articles/CBMijgFBVV95cUxQZUxDOGJzdmtzM3ljVGFqZnhPWTlsLXhQamM0TTFONmhSOTIxNTVPRWFxMDFQa0ptNER1bVY0YmdMM09lVFQ3bFRaWXcyVUoyYXJJa2NSbS1DTldPalg4aTRFcndCc0l3SDRPV2pyQ0tSNlB6RHhEZTJwN3hpcXI0ZXlGOUp1dVNuNWxmOGZR0gGiAUFVX3lxTFB1eE9TNTBGWHJSekkyMW9rYXBBZW51cDJpMDhNbGprVnVVdXlsclhoYkNlSENxZVZVeVUzaXp1VlEyVXptb1NkVDIzWkNjOVpQRFlmZU91R0ZLcmJtRFpqd3BwWlVvbkJ0a0o5SW9FRXI0ZU9tZldrOHJBdFdtZkZBeS1oaE5PN1RGdlVFTTNWNG1fSzZqalBSWWM1NjA5RFBmZw?oc=5) · Valley News Live
- 2025-09-16 [Wadena, a city that knows comebacks, returns to football, fellowship - Star Tribune](https://news.google.com/rss/articles/CBMiywFBVV95cUxNQXNIcDFIN1B3eFlxTnZfal96OU5rMjNxXzhjTW05ajFYWFpiYVRUQVBqQ1lLWl9tRkoyM0J6S3pQbEp0TjVMN2pZUDJxTTBURFBNa1VBTHBkckhKN0pxVHpNLTJ3WjJHakhlN1FnT0J4dlR4S1ZQMDNvUHFlM0E1QkVkSXJFREV0VUgtM0daUE90eDhDaThIWV83YW9TYkRIdWlWN1ZobktlRmczU0VUT2dSN015V0kzVDVMUEw4aVpaQks5M1FPTDR6NA?oc=5) · Star Tribune
- 2022-10-08 [Delores Gilbertson Obituary Oct 8, 2022 - Anderson Funeral Home and Crematory](https://news.google.com/rss/articles/CBMibkFVX3lxTFBMVEI5cEx4TXB2eXgxdW0yYktEVzF0bEt6Ulp5b01rZUNmcDJ4Q3cwMDR5WGtNMWVQd2t0djcwNGVPNkVITmRFcW9OWWg2UnhvWmxHTHhlWkpHMk84aF9hS09GRWhUNjAzVUM4Rkl3?oc=5) · Anderson Funeral Home and Crematory
- 2021-11-03 [Mary Ann Anderson - View Obituary & Service Information - Schuller Family Funeral Homes](https://news.google.com/rss/articles/CBMidEFVX3lxTE9fX1BTMXlKaEJTSllYSjdVRzVXbWVXbS1yNk9ONUd5a2g1MW5oeFNTVnN4SVdhSEtIdEgxcDFtbGh6aDZwTXVIaFlXdEwxTGp3UmFFMV9ieDU1YzlENTZJQ2VoZWUzck1vOFVFOWZSUXBqVTVJ?oc=5) · Schuller Family Funeral Homes
- 2017-01-11 [Wadena State Bank acquires First National Bank - Wadena Pioneer Journal](https://news.google.com/rss/articles/CBMiggFBVV95cUxNRFFXdWpvQ2s5MVJ2akwwNGFGb09IZTJKbzZHcmxxZUVkMlRWakdMSWRGeU9TM202YUpsM0RIQU5oeGVFTXNNTXo3bkxWTk1JNkE1Sm5KNHBPNTRCdnFMVTVQRlUzRG5lRU9mY0xBY05iS1R6d2pydjA0SDdvbFZZemZn?oc=5) · Wadena Pioneer Journal
- 2021-10-20 [UPDATE: Cause of Wadena fire released - Valley News Live](https://news.google.com/rss/articles/CBMihAFBVV95cUxPZGNTZzdRWmsyWVUwRXVDR2d4YU94dldDVmh6WFFiRlJnQlpLOFRPTV9LM3NuUm9SVnFTVmtCY25NRXRyYXhDYWY4d1lLMUlNQUI0VmxMQmQzTWZ5QVJydGxoWWNLRmF4cFF1WGpFaThJaTBpSjlVU3hROGxkVGhvZ3F0RW_SAZgBQVVfeXFMT3JXazFpR2cyNWF4ckFudzVTdHZUSjlPMG9VcWZnSjQ2TlZBWW1LTl8wNFk4aTFfUzRvOF90NGlvdmFPT2FwRWlGUHdqendBWW94ODloUzhFWWktcEk3dG15Zmp3RzZqUXVQMl9wZVhEeTEwVUVNQ3RxSU8wZ1Z6dzV5cFdNeXM2d1hqcERJU2NBNDhjejJzTjA?oc=5) · Valley News Live

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13430 (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/54.json (key "13430", 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