# FIDELITY BANK
WEST DES MOINES, IA · FDIC certificate 14251 · asset band <$300M · latest filing 2023-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $75.7M | |
| Deposits | $57.0M | |
| Loans and leases | $62.4M | |
| Total equity | $8.0M | |
| Loans / deposits | 109.50% (p96 of band) | 65.77% |
| Liquid assets / assets | 7.84% (p2 of band) | |
| Uninsured deposits / deposits | 22.75% (p61 of band) | 19.70% |
| Brokered deposits | 19.06% | |
| Wholesale funding | 32.56% (p99 of band) | |
| FHLB advances / assets | 3.96% | |
| Tier 1 leverage | 9.17% (p21 of band) | 10.97% |
| Unrealized securities loss / equity | 0.00% (p96 of band) | -19.70% |
| AOCI / equity | 1.91% (p53 of band) | |
| ROA (annualized) | -1.17% (p2 of band) | 1.01% |
| Net interest margin | 3.86% (p64 of band) | 3.56% |
| Efficiency ratio | 124.81% (p98 of band) | |
| Noncurrent loans | 0.00% (p13 of band) | 0.18% |
| Net charge-offs (annualized) | 0.00% (p49 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 97% | |
| Construction % of loans | 257.13% (p99 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 17.3% | |
| Employees | 37 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, liquid assets <10%, losing money, reserve under noncurrent |  |
| 2011-06 | 2 |  | loans exceed deposits, losing money |
| 2011-09 | 4 | losing money, construction >100% equity |  |
| 2011-12 | 2 |  | liquid assets <10%, losing money |
| 2012-03 | 1 |  | reserve under noncurrent |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | uninsured deposits leaving |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 | capital falling | uninsured deposits leaving |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2014-06 | 3 | capital falling, uninsured deposits leaving | loans exceed deposits, wholesale funding >15% |
| 2014-09 | 5 | loans exceed deposits, wholesale funding >15%, liquid assets <10% | capital falling |
| 2014-12 | 4 |  | uninsured deposits leaving |
| 2015-03 | 3 |  | wholesale funding >15% |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | wholesale funding >15% |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 4 | capital falling | wholesale funding >15% |
| 2016-06 | 4 | wholesale funding >15% | capital falling |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 5 | capital falling, expense ratio p90 | wholesale funding >15% |
| 2017-06 | 4 | wholesale funding >15% | capital falling, expense ratio p90 |
| 2017-09 | 5 | deposits shrinking |  |
| 2017-12 | 6 | uninsured deposits leaving |  |
| 2018-03 | 8 | losing money, expense ratio p90 |  |
| 2018-06 | 8 |  |  |
| 2018-09 | 8 |  |  |
| 2018-12 | 7 | assets shrinking | deposits shrinking, uninsured deposits leaving |
| 2019-03 | 6 |  | assets shrinking |
| 2019-06 | 6 | deposits shrinking | losing money |
| 2019-09 | 6 | capital falling, reserve under noncurrent | liquid assets <10%, expense ratio p90 |
| 2019-12 | 4 |  | capital falling, reserve under noncurrent |
| 2020-03 | 6 | NIM <2.5%, uninsured deposits leaving |  |
| 2020-06 | 5 | liquid assets <10% | deposits shrinking, NIM <2.5% |
| 2020-09 | 5 | NIM <2.5% | uninsured deposits leaving |
| 2020-12 | 5 |  |  |
| 2021-03 | 6 | capital falling, expense ratio p90 | liquid assets <10% |
| 2021-06 | 4 |  | capital falling, expense ratio p90 |
| 2021-09 | 6 | assets shrinking, uninsured deposits leaving |  |
| 2021-12 | 8 | expense ratio p90, deposits shrinking |  |
| 2022-03 | 8 | losing money | NIM <2.5% |
| 2022-06 | 6 |  | wholesale funding >15%, uninsured deposits leaving |
| 2022-09 | 7 | wholesale funding >15%, liquid assets <10% | deposits shrinking |
| 2022-12 | 8 | brokered >10%, capital falling | assets shrinking |
| 2023-03 | 8 |  |  |

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

- 2026-04-20 [Northeast Iowa Banks Team Up for Fraud Prevention Seminar - KCHA News](https://news.google.com/rss/articles/CBMilAFBVV95cUxNV1Z2bkh0ODJlZDIycUxxUFU3Z1B5cHItT2VWNGVMd2lVT3R4YmxnSVk1TUs0SHVyRnc1YTJqSWxQVmNKM2xaWDQtUjFLallPX0dPMWRuY0lveDZhRFoxSDQwb2RRQ3NiTVljM3g1aHdqSFhqSEVIUW12d2JGTV9tVDc3TkF3US0zUEhkUlAzcVJaSUxp?oc=5) · KCHA News
- 2022-11-10 [Small Midwest banks to combine in face of competition from bigger rivals - American Banker](https://news.google.com/rss/articles/CBMirAFBVV95cUxNeEltcVhlaC13YmRPTm9aQi1pNzhBVWdpVkc0M0pDSGRZdDdsVWRFakVpdjlUWGFyVkZzZ0ZuT0lfbUlSb0I5M0FuWTliNy1SczZPeWFIV0tpUS1kTGc1TjdTOXR4SEVtanNYZ29XejAxVmxLZmFLREtmRWJuclI4eXI1N01zMmphYnFJbXJyMGk2dzF0alplSWZWeUhVXzU4ZWJReExHQ1ozLWVJ?oc=5) · American Banker
- 2025-10-14 [Fidelity Bank & Trust finalizes purchase of County Bank locations - southeastiowaunion.com](https://news.google.com/rss/articles/CBMi9AFBVV95cUxPVklzUzZNaHAyNnZMMlEtc0diLXBCanpvbGVNWjZlN2ZsSk1rNkJFS2wwcXYyNkpQanlLUnJZbDlQVGxPSXhEblBsdHJoMHVGbmF3aHQ5RVVEU0dvR3NZX1JGcE1wREprb1RVQWloZklDM0JGRnZrTEVjeHhneTVGQ29oQUF4UkhTYnZ5OGxMekl1THJfUGhyMmN6YWNVQjZXVHM4ZW90RG5jVHoxa19jSVc3VEZkNFA2VUtEX0tXQjd5cnVnck9oNjFEQUpzUFlZUFRwMUd3dmlpNXEtc1hIS1BrV0VMOUlSU2tQdUVoaWI1dm53?oc=5) · southeastiowaunion.com
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2023-06-20 [Forbes 2026 America's Best Banks In Each State List - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4xcm9keG1VQVdlREh4RG0tMFA2NktMQ1M4SjBicWxRTkJ3a0lOQTVqSXA0d1FkZ0RPOXQxWjFXYzg5SWhNNTBTU0Rqa0Vuekp2TzR5WnhXLTBwel9MdWc?oc=5) · Forbes
- 2015-08-27 [Fidelity Bank & Trust buying EDSB - TelegraphHerald.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPb0kxZEJxZGdMRVBMaWpDWlpKZ1d6WWVQNnQzS0tROEE2NTZ5VG9WSllQRElNaGNzUWFseHR5bjdqNGZsZVR2YlRTckl2dXdiOGhWUC0ydFZrNTA4TENiZVRlZlVvVjFsN0lTR2w1SjBMRzRhUGh3UFh6ZmpiVm93MVgxazI1ekR6MHJNRFhlX015UDRTRkNQbHg2OHU?oc=5) · TelegraphHerald.com
- 2022-01-14 [Julie Versluis joins Waverly's Fidelity Bank & Trust as vice president and trust officer - Waterloo-Cedar Falls Courier](https://news.google.com/rss/articles/CBMinwFBVV95cUxQcDN3WnQ5THdCRUdra0FSWlBCQ0V0bTEyQmpCNnRUai1MeVF1VllPMVZ0T1FpanR4RmMxZm55dVYwdVRieHR2b3VjMVQyeWdfbm1YQXEzdHZMLUJXcFJlcm82dUVpRm9RUm9GT3JQdXpTVUw2Z2dPTXJpLUNOMGJJWkhGUjRJQmZQWDFhZWdPYy1UUjhsXzlkOGM1MFBBaGs?oc=5) · Waterloo-Cedar Falls Courier
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Iowa - Newsweek Rankings](https://news.google.com/rss/articles/CBMiigFBVV95cUxNdDNERG9UY2kxckVvZnQwUlVpcHY4VXdGc2Q4a1RhOXNncGF5ZmZfNGFwVm5ZMGt1N2VXZGttYmZzZWluNVo5X1dQb29Jd3ExRFJGQUkydjhjWU5fUThfQktxRWxIZ1hQZXFFMmY5VXNNTkJIR2R6cThpekloYVQ5R0VZYVpYdWVPNFE?oc=5) · Newsweek Rankings

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14251 (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/43.json (key "14251", 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