# GNB BANK
GRUNDY CENTER, IA · FDIC certificate 14079 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $621.3M | |
| Deposits | $498.0M | |
| Loans and leases | $446.9M | |
| Total equity | $79.2M | |
| Loans / deposits | 88.46% (p67 of band) | 82.04% |
| Liquid assets / assets | 22.44% (p41 of band) | |
| Uninsured deposits / deposits | 34.07% (p77 of band) | 25.97% |
| Brokered deposits | 5.98% | |
| Wholesale funding | 12.02% (p82 of band) | |
| FHLB advances / assets | 5.71% | |
| Tier 1 leverage | 12.22% (p71 of band) | 10.81% |
| Unrealized securities loss / equity | -2.17% (p78 of band) | -8.10% |
| AOCI / equity | -0.75% (p31 of band) | |
| ROA (annualized) | 1.68% (p74 of band) | 1.28% |
| Net interest margin | 4.10% (p60 of band) | 3.91% |
| Efficiency ratio | 63.16% (p56 of band) | |
| Noncurrent loans | 0.62% (p60 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 232.91% | |
| Real estate % of loans | 49% | |
| Construction % of loans | 8.96% (p13 of band) | |
| Auto loans | $1.9M (0.42% of loans; DQ 0.11%, NCO 0.00%) | |
| Loans to nondepository financials | $7.5M (9% of equity) (p97 of band) | |
| Deposits YoY | -0.1% | |
| Employees | 96 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 0 |  | wholesale funding >15% |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | wholesale funding >15% |  |
| 2013-09 | 2 | deposits shrinking |  |
| 2013-12 | 1 |  | deposits shrinking |
| 2014-03 | 0 |  | wholesale funding >15% |
| 2014-06 | 1 | wholesale funding >15% |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 2 | reserve under noncurrent |  |
| 2015-09 | 2 | capital falling | reserve under noncurrent |
| 2015-12 | 1 |  | capital falling |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | brokered >10% |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | capital falling |  |
| 2017-12 | 2 |  | brokered >10% |
| 2018-03 | 1 |  | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | brokered >10% |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | brokered >10% |
| 2019-09 | 1 |  |  |
| 2019-12 | 3 | brokered >10%, charge-offs p90 |  |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 2 | reserve under noncurrent | brokered >10% |
| 2020-09 | 3 | loans exceed deposits, capital falling | wholesale funding >15% |
| 2020-12 | 1 |  | reserve under noncurrent, loans exceed deposits |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2021-09 | 3 | charge-offs p90 |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 | capital falling | charge-offs p90 |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 | AOCI drag >20% of equity | capital falling |
| 2022-12 | 2 |  | AOCI drag >20% of equity |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | reserve under noncurrent |
| 2023-09 | 2 | reserve under noncurrent |  |
| 2023-12 | 1 | wholesale funding >15% | noncurrent p90, reserve under noncurrent |
| 2024-03 | 2 | charge-offs p90 |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 4 | brokered >10%, deposits shrinking |  |
| 2024-12 | 2 |  | charge-offs p90, brokered >10% |
| 2025-03 | 0 |  | wholesale funding >15%, deposits shrinking |
| 2025-06 | 1 | wholesale funding >15% |  |
| 2025-09 | 0 |  | wholesale funding >15% |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2025-09-15 [Ackley GNB Bank office to build, Geneva to close - Times-Citizen Communications](https://news.google.com/rss/articles/CBMi4AFBVV95cUxQWTY3ZTN2ZWdYZVQ1ZkNIeWhmSGhVNkF6U2JiOHB6OVBld1dnRW5iaWpIT3dsbWpLMjlfMUhiWHptellvRHg1ZGJXX3UxVDZ1QVdyVlpzeWMxbTYtbTdDQWpxS1pLWTh1VTJTQW1LRjVxTHlEbG55b0hPd09CZE1RYXRkQ2NwV2F0TU83akR1VjJkUnNPaWxmdENsMmY0dFdOU0RFUEpSSW1kYXl5cUd0WkZ0TTlyOVgyY05OWG5Db0xoTWI3Ty1WN19fekhTR3owdnp3ZXVwdGV1R3NCdWhlNg?oc=5) · Times-Citizen Communications
- 2016-01-13 [ASB merges with GNB - The Ames Tribune](https://news.google.com/rss/articles/CBMikwFBVV95cUxOSGY0WjlkUHJTeFBObnFyblBjTG5SQ0UxallNYUhJd3V1bGt3YkJuby1vTXVIMmlyenZfZUVtRGZDZmh0MjRub0ZKZ3FkTFFnaS1qZzJ1d1lyMWwyeGVyZlBubkdUWEZkaFd2c25EU0V5Um5DWGtqT21VckJZMFJtYmtRNHQ1QnlSR2hnc01WclVXME0?oc=5) · The Ames Tribune
- 2026-02-07 [Hart: ‘Trump’s tweet sends soybean market soaring’ - - Times Republican](https://news.google.com/rss/articles/CBMiowFBVV95cUxPZkwtRFlxODlDMXhIMHVuZ1A5VzY3OUxHTUttVzkzVmMwN1ByVnNITU5DbFRkNndma2NLX0d0bFE4U003ZGlrYmZJR2FSMnJYQWVuSDFBaGVwWjVkT043YXNzalFPcDRpSDhwQ3RSbFlPZ25jTEtIbXd5cE1DSTJqcUFTS25tdE1RMHc3RUtxRnUwckNTWVZnQnZYRS01VVcwNVNz?oc=5) · Times Republican
- 2017-09-13 [Janssen joins GNB as ag/commercial loan officer - The Ames Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxQZlFMbzI3SlpRdHd5TWlTZGZlYVJHZ0FicENjcTBreWJkTkp6THpnX0Jvdjk2Rmt4YTg5LUhSMkMyQzdhRE96ZW1uemFSdFZndUppV2QzQUt0NXFuVnU4OGd5QXg2dHRYY0VvQURBUTRBWGhFLWdUeDNPOHc0MWV4OTdfa3F5ZVg2WDNFZ3YzLUVhWTZJeTF4Zjhn?oc=5) · The Ames Tribune
- 2024-04-24 [Employees at Manchester Chamber Businesses Celebrating Milestone Anniversaries - KMCH.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNaDVDS1ZZb0Y2S0prQXNtRzFjMkFVaEgtV2E3aEoyMnZ3Wkd4MnhUci1LemNwMGxIYVNpbHlzSUNNT2FJU01VT1pIWExGV29BeGxNZGlzb3psMnRQNlZwLUpHLXZtSVlNdTRBNWJvNHdYSnJNVFJDVTFXUWlXUDk5Um9QMGg3aXREa0w1cm1vMXF3SmpGM3pJdS04dGJQZUlhWkptRjZJNnVVdWs?oc=5) · KMCH.com
- 2026-06-19 [Leaders share tips to avoid scams - Times-Citizen Communications](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPeC1QN0M1NEthalBUSFBaWHRKRmw2ck5KWXhmd1Y2UWV6TkpXampyVndCMkpveW84VGh5UmlUWUlLNXpPTlNFdWVja042el9nRHFyZGdKOUdfeUoxVjJpT0t1Wk8xRkF6cGZMcGZEVXdxMlJsc1RmMEQ2U2wza3c2cDdObXMtWDVOQ2lsT25yUkg2MEV2aS02ZVJHTUxRWmk2MmY5Wm9KNlhWd1VIY1B0TWFkYzlROEhi?oc=5) · Times-Citizen Communications
- 2023-01-27 [Ex-trucking co-owner sentenced for bank fraud, facing livestock neglect charges - FreightWaves](https://news.google.com/rss/articles/CBMisgFBVV95cUxNUnBqaERicGZhbTVtSkJYX3FRQ3FKNmRDUzN6MnVkVXJUNGRFMzlJaWlsa3FCUC1Db2VfVlhnY1pjVWpiUGhYeXBYN2V5dmItNmREYWVvWkN2cFBZVUxyWlE4TzVTVnBHdlhRZml2aGhaZXVid2E1VnA3RXVMYnVzdml2Z0tSWFhxTEZ5Zk01Z2JGR2hfZUVzc3E1MW1xN2NKYXBUaFFKVkFfY2JGSkxhY0d3?oc=5) · FreightWaves
- 2025-07-14 [Thursday’s 4-H/FFA Winners at Delaware County Fair - KMCH.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPNGZaVnpwT0V6UzlBb2tnM2NoM3IwQVhaeTdHZUE0bG03OGsya05GWlY4NXFVZ3RMZTYzWGduWnBTRFhyZzd6dnIwc1hsRXE1a3FXNkx1eVZBYi1WYzNQaW9RUjNIaWJvLXlncm5tRWlBZUZuWC1oeWc0b09URmJQRzVBdVA?oc=5) · KMCH.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14079 (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/63.json (key "14079", 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