# MINNWEST BANK CENTRAL
MONTEVIDEO, MN · FDIC certificate 1398 · asset band <$300M · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $289.3M | |
| Deposits | $240.9M | |
| Loans and leases | $239.6M | |
| Total equity | $30.8M | |
| Loans / deposits | 98.18% (p94 of band) | 68.03% |
| Liquid assets / assets | 13.70% (p6 of band) | |
| Uninsured deposits / deposits | 18.44% (p74 of band) | 12.24% |
| Brokered deposits | 0.79% | |
| Wholesale funding | 6.35% (p75 of band) | |
| FHLB advances / assets | 5.45% | |
| Tier 1 leverage | 10.18% (p48 of band) | 10.34% |
| Unrealized securities loss / equity | 0.86% (p77 of band) | -0.15% |
| AOCI / equity | 0.03% (p25 of band) | |
| ROA (annualized) | 1.03% (p68 of band) | 0.74% |
| Net interest margin | 3.64% (p53 of band) | 3.59% |
| Efficiency ratio | 56.57% (p12 of band) | |
| Noncurrent loans | 0.19% (p23 of band) | 0.94% |
| Net charge-offs (annualized) | 0.05% (p71 of band) | |
| Reserve coverage of noncurrent | 660.31% | |
| Real estate % of loans | 50% | |
| Construction % of loans | 26.66% (p64 of band) | |
| Auto loans | $2.3M (0.94% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -1.7% | |
| Employees | 52 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | brokered >10%, wholesale funding >15% |  |
| 2011-06 | 1 |  | brokered >10% |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | loans exceed deposits |  |
| 2012-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | wholesale funding >15%, loans exceed deposits |
| 2012-06 | 2 |  | uninsured deposits leaving |
| 2012-09 | 1 |  | assets shrinking |
| 2012-12 | 1 | uninsured deposits leaving | deposits shrinking |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 1 | assets shrinking |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | loans exceed deposits, deposits shrinking | assets shrinking |
| 2014-03 | 0 |  | loans exceed deposits, deposits shrinking |

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

- 2018-04-27 [Strommen reflects on her time serving Ramsey - hometownsource.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOSFpUU3RIRmxKRVJWNlRXV2Y1MmQzWlNSQnV5ZkdnT2hXMTBMcGlxd19qSFg0c1FGdDk5WmJfN0M2R0VaMWstQm1IVTdpSkY0LUkwb09jY3ZhLVNUdEVUTmZzeHRVcVUzc1FVS1J5eFozTlhYTk9zd3ZEa3ZfcldCRHlMRjlRMEpjcGF5V0YtVk54azFWd3NhcFFnUnRiaHdqVlctLUV1MFFpdmRnV0RzTnhVdTJISHZqQzRBWXB0NUotUENsNW00QUZFeWFEdnduY0pTMml5VHN4cTVtQzRZX3RfM1dudUJxVVdCdUp3?oc=5) · hometownsource.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1398 (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 "1398", 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