# ORMSBY STATE BANK
ORMSBY, MN · FDIC certificate 1388 · 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 | $27.2M | |
| Deposits | $22.9M | |
| Loans and leases | $10.4M | |
| Total equity | $4.2M | |
| Loans / deposits | 44.66% (p16 of band) | 68.14% |
| Liquid assets / assets | 61.59% (p88 of band) | |
| Uninsured deposits / deposits | 12.48% (p28 of band) | 17.85% |
| Brokered deposits | 3.68% | |
| Wholesale funding | 3.68% (p66 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.72% (p83 of band) | 10.68% |
| Unrealized securities loss / equity | 5.09% (p71 of band) | 2.41% |
| AOCI / equity | 3.02% (p72 of band) | |
| ROA (annualized) | 0.14% (p9 of band) | 0.92% |
| Net interest margin | 2.66% (p14 of band) | 3.52% |
| Efficiency ratio | 94.96% (p91 of band) | |
| Noncurrent loans | 0.00% (p9 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p18 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 53% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $554,000 (5.32% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.7% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 1 | uninsured deposits leaving |  |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 2 | reserve under noncurrent, deposits shrinking |  |
| 2013-03 | 0 |  | reserve under noncurrent, deposits shrinking |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 2 | reserve under noncurrent, deposits shrinking |  |
| 2014-12 | 2 | assets shrinking | reserve under noncurrent |
| 2015-03 | 1 | uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2015-06 | 1 | deposits shrinking | uninsured deposits leaving |
| 2015-09 | 1 | uninsured deposits leaving | deposits shrinking |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | uninsured deposits leaving |
| 2016-06 | 1 | uninsured deposits leaving |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2017-03 | 1 | uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2017-06 | 1 | deposits shrinking | uninsured deposits leaving |
| 2017-09 | 0 |  | deposits shrinking |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | uninsured deposits leaving |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | capital falling |  |
| 2019-06 | 0 |  | uninsured deposits leaving, capital falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | deposits shrinking |  |
| 2020-06 | 0 |  | deposits shrinking |
| 2020-09 | 0 |  |  |
| 2020-12 | 1 | expense ratio p90 |  |

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

- 2026-01-24 [Citizens State Bank celebrates 150 YEARS - - nujournal.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxPR3kzMEgxdlFOQjB5bmxtbWoxVG5fZTQ5MjNhYURUU2lsVllJSGpJTkxnTjdkUERlZ0VuTmEzNHY5NmJLb1cybUgzT3phQzJmRUpsS1FHTThSaEp5c1dWWlBqNGtzVEU3azE0ODRIWnJYcVI0RTByTVV6V0xVNnRlOGowb1RtanlKVmlmWE1yYXQ3QVd3UnZmVjlSTTlJLVpvbFBr?oc=5) · nujournal.com
- 2024-06-25 [Urban M. Neisen Obituary June 25, 2024 - Starkson Family Life Celebration Chapel - Starkson Family Funeral Homes](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBBb0RZLTV3cGtjUC1CQjVxcWxLbm1XVGdLMFo0dkNkdFpqMTA3THJsZTVGTFZsZVgxWkNEbmVNSGpHaVVhdXVmNXZmWVlta0w0RTQzb05XV2dranRMTHMzOTh1eTFrZmc?oc=5) · Starkson Family Funeral Homes
- 2024-06-28 [URBAN NEISEN Obituary (1938 - 2024) - Hastings, MN - St. James Plaindealer - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxOQk92eG13QzBFUWpUY054b0FrM1RxQzAyYkVqV3RpTDFfcDhVbllWWFB2ZFNpemRTS2xSVVpxMkRDdjI1YXU4cjc0dEo4WTAwSVBZYmU3SjRKVUlkV3BGbFNPYnRqSUpXcjhnX3NNWm1mNThGSEcySlMtQ0xCRWdJNGQyS1NGa251UzhIMnZaS2c?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1388 (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/44.json (key "1388", 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