# ATWATER STATE BANK
ATWATER, MN · FDIC certificate 1396 · asset band <$300M · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $45.1M | |
| Deposits | $39.9M | |
| Loans and leases | $31.7M | |
| Total equity | $4.0M | |
| Loans / deposits | 78.46% (p70 of band) | 68.02% |
| Liquid assets / assets | 27.72% (p32 of band) | |
| Uninsured deposits / deposits | 5.69% (p31 of band) | 8.86% |
| Brokered deposits | 0.22% | |
| Wholesale funding | 2.90% (p58 of band) | |
| FHLB advances / assets | 1.57% | |
| Tier 1 leverage | 8.63% (p23 of band) | 10.05% |
| Unrealized securities loss / equity | 1.41% (p34 of band) | 3.01% |
| AOCI / equity | -0.05% (p38 of band) | |
| ROA (annualized) | 0.67% (p44 of band) | 0.76% |
| Net interest margin | 3.70% (p47 of band) | 3.75% |
| Efficiency ratio | 82.15% (p69 of band) | |
| Noncurrent loans | 1.48% (p56 of band) | 1.21% |
| Net charge-offs (annualized) | 0.14% (p56 of band) | |
| Reserve coverage of noncurrent | 82.26% | |
| Real estate % of loans | 57% | |
| Construction % of loans | 7.21% (p34 of band) | |
| Auto loans | $763,000 (2.41% of loans; DQ 3.41%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.8% | |
| Employees | 13 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | charge-offs p90 |  |
| 2011-06 | 0 |  | charge-offs p90 |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | uninsured deposits leaving |  |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 2 | capital falling, reserve under noncurrent |  |

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

- 2016-07-20 [Carol Ringler Obituary Jul 20, 2016 - Peterson Brothers Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBxSUdVRTN1eXlUMExseGJ0QmdlSjNqTmdDUTVWcHdJSldSYTlSRmhYSGhTdHJCcWtqb1hmQ21Ea1JHYTM3d0JMX1dOWktIemY0NEdtbXNjVkJpLXdfOEhuUHF0R3prZVNL?oc=5) · Peterson Brothers Funeral Home
- 2025-03-07 [Robert Eric Meyerson - West Central Tribune](https://news.google.com/rss/articles/CBMiiAFBVV95cUxObm1tNGpBRExYZy1PMU0xQmtUTGJUaFZ1d2FKQXFxanB0ZEgtakdmbEpJUmRlMUtNa3NSeGxLOUF5SEVQRTFNNklPQ3A3MXR3UWc3YUtSLXNUamItLXVPdjZCWUpKUVQ1akF6T0lXRUhWWHlnSU0xeFlLcFVudUNZN19relp6MnhU?oc=5) · West Central Tribune
- 2022-01-26 [Lloyd Hovey Obituary (2010) - Atwater, MN - Peterson Brothers Funeral Home - Willmar - legacy.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE9VV2JJMk9jbXc4Vy0tM2pPTXpGQ3hnWnI1Y29HQUZyOUFtam5JT003dFJnd09zZnhyY2xDLWxnLVpmdlJzVWt1VC1kTE56MHhlbDRXM1lvVnZaQUxWdXl1bXRVT1RraTRPT2lsdi1NYmhFRWdDTFNGNXlhM0g3UQ?oc=5) · legacy.com
- 2013-08-11 [Donald Slinden, Obituary Aug 11, 2013 - Peterson Brothers Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTE5XYUlIYURMMEpXejBIYkQ3WjFPcWI2cnNDT0xNaVRmSExGQkd5VElOdUpTMGRHR1lGdXA2SEpOcEhCVHRiMkJCejR0NENLdzFkSklJTTU4elN4UW83Q2JFRzBXbzR0MjlrRWc?oc=5) · Peterson Brothers Funeral Home
- 2011-07-26 [Daniel Suter Obituary Jul 26, 2011 - Peterson Brothers Funeral Home](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFAzbmg0RnhSV0JGWVZGcDdkRFZLNEpUT0JNSkl0M29SZ3c2ZGZjUnlHSW55TmNtZjBLOGlLcEgyaU42WG1xUmxYWVFaYnc4Nkh1MjJ2aTR6T2tKbHdzR2Z0U0o3YW1POE0?oc=5) · Peterson Brothers Funeral Home

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1396 (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/52.json (key "1396", 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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