# BANK
WAPELLO, IA · FDIC certificate 14291 · asset band <$300M · 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 | $217.4M | |
| Deposits | $193.0M | |
| Loans and leases | $137.2M | |
| Total equity | $20.5M | |
| Loans / deposits | 70.01% (p44 of band) | 73.59% |
| Liquid assets / assets | 30.20% (p44 of band) | |
| Uninsured deposits / deposits | 26.22% (p72 of band) | 19.81% |
| Brokered deposits | 0.95% | |
| Wholesale funding | 2.10% (p60 of band) | |
| FHLB advances / assets | 1.15% | |
| Tier 1 leverage | 8.68% (p8 of band) | 11.76% |
| Unrealized securities loss / equity | -0.90% (p78 of band) | -6.57% |
| AOCI / equity | -1.17% (p24 of band) | |
| ROA (annualized) | 0.67% (p24 of band) | 1.17% |
| Net interest margin | 4.30% (p68 of band) | 3.93% |
| Efficiency ratio | 76.32% (p72 of band) | |
| Noncurrent loans | 0.78% (p65 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p55 of band) | |
| Reserve coverage of noncurrent | 194.05% | |
| Real estate % of loans | 50% | |
| Construction % of loans | 20.66% (p54 of band) | |
| Auto loans | $1.0M (0.73% of loans; DQ 2.59%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 34.7% | |
| Employees | 34 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 2 |  | losing money |
| 2011-12 | 3 | noncurrent p90 |  |
| 2012-03 | 1 |  | charge-offs p90, noncurrent p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 | capital falling | reserve under noncurrent |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 | uninsured deposits leaving | capital falling |
| 2013-09 | 0 |  | uninsured deposits leaving |
| 2013-12 | 1 | uninsured deposits leaving |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | uninsured deposits leaving |
| 2014-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2014-12 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2015-03 | 3 | expense ratio p90, deposits shrinking, assets shrinking |  |
| 2015-06 | 4 | losing money |  |
| 2015-09 | 6 | loans exceed deposits, liquid assets <10%, uninsured deposits leaving | losing money |
| 2015-12 | 7 | reserve under noncurrent |  |
| 2016-03 | 7 | losing money | uninsured deposits leaving |
| 2016-06 | 5 |  | assets shrinking, losing money |
| 2016-09 | 4 | noncurrent p90 | expense ratio p90, deposits shrinking |
| 2016-12 | 5 | capital falling |  |
| 2017-03 | 5 |  |  |
| 2017-06 | 6 | wholesale funding >15% |  |
| 2017-09 | 6 |  |  |
| 2017-12 | 5 |  | wholesale funding >15% |
| 2018-03 | 5 | losing money, expense ratio p90 | loans exceed deposits, noncurrent p90 |
| 2018-06 | 1 | charge-offs p90 | liquid assets <10%, reserve under noncurrent, capital falling, losing money, expense ratio p90 |
| 2018-09 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2018-12 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2019-03 | 1 | loans exceed deposits | charge-offs p90 |
| 2019-06 | 2 | reserve under noncurrent |  |
| 2019-09 | 5 | liquid assets <10%, capital falling, uninsured deposits leaving |  |
| 2019-12 | 3 |  | liquid assets <10%, uninsured deposits leaving |
| 2020-03 | 1 |  | loans exceed deposits, reserve under noncurrent |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | loans exceed deposits |  |
| 2023-03 | 0 |  | loans exceed deposits |
| 2023-06 | 2 | capital falling, uninsured deposits leaving |  |
| 2023-09 | 2 | loans exceed deposits | uninsured deposits leaving |
| 2023-12 | 2 | liquid assets <10% | capital falling |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | capital falling |  |
| 2024-09 | 3 | uninsured deposits leaving | capital falling |
| 2024-12 | 3 |  |  |
| 2025-03 | 1 | capital falling | loans exceed deposits, liquid assets <10%, uninsured deposits leaving |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 0 |  |  |

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

- 2026-09-09 [Davenport man found guilty in Iowa City bank robbery - kcrg.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQWDRhMWdkN0xudktoc2NIM2psMm93UWVzamlJbDMxSFlLNlBGM2pkZ1hoQkhqR0xzeEUxRHhiODQza1lGb1o4TmJzSmFaSnNrWXlPZktvakJfaUdWbGxwVkp4clpBR1I3V0ZzcXhoVWpvSlJRbmx1RFYySlZFWjFkMV84bHJVUXhQVHc?oc=5) · kcrg.com
- 2026-09-06 [Equity Bank to merge with Lincoln Savings Bank in Iowa - KCCI](https://news.google.com/rss/articles/CBMilwFBVV95cUxPVldjZVdyNEVpLWpEaVk4N1NDLUZJcEFudHBRRkl2TTlaLW95YTRldUtxRlBIYjRsQldteVg0a3B4NllpaGhqakhtaHFnSFhWcl9KRlg2QmdIUkRwMDN0aUdvUmprQnVBY3J0N0p3WDNsdlZWeVlHRXFJRm11Y2c5MXhrMFBVRjRfeXJvTXFrYk93dVp4cUhr?oc=5) · KCCI
- 2026-09-03 [Kansas’ Equity Bank to expand in Iowa with $123.8M deal - Banking Dive](https://news.google.com/rss/articles/CBMiogFBVV95cUxPWWM2RnRSMHl1Y3lyWlZBNUZYZ3VhclJjYXEzdlZzYVZNSUJNY1VwUWc5d2I4a29WbF92Ukw3aUZVYURWRFhkOEFEek1uWHJYQkNiNXY5cUwyc1RjSmRyUFg2TEVIa0ZLZHBrVmNGazJaeXowenlKMC15Z0V2VVZhZHd5N2ZjbGU1dV9fVzJPNkhtWlRjTEtyaWpQWUVtek12Vnc?oc=5) · Banking Dive
- 2026-09-05 [Eastern Iowa bank merger: what it means for your account - kwwl.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNejd4NG1uUmIzSk5uaUtEaDdubXRsTU5hMDM3TEF2YnRqT0xPQkRkYTlOWHFYOHZFX2VVc3FMZm9tOXlQNjFwYmRHUGJWUGExZE5fLVUxbEwyY1Ffd2YxZHhlc1dMa2d6NG5aN2JlQ1lxS3dTdEpiY3M4ZDZ5czkzTWtpWXhueW8tR09UR2doZEYwempGT2dPVjYwYm5janRWUXdoekNtZmh3a0ZVY2dCbUszbV9wNjE1TWtwdEVRUko3QjduUWdqblZCekVNMFdYSzVaeXd1Zm5oWlU?oc=5) · kwwl.com
- 2026-09-04 [Equity Bancshares (EQBK) Will Enter Iowa Through A Bank Merger - Yahoo Finance](https://news.google.com/rss/articles/CBMinwFBVV95cUxQZm83VHRwUV95aWJJZU1udUdpNFZIb29yVkRlMkhRczc5NkNOb0dfOUpwN3hiWGd3YWF6NlE3Z1RqMUp4cUNKTnRScDFQRlY2Umd5XzBjRjY4cFNJS3pNc2Y1ZjZ3M29aWXpEY2Nlc1Vjb1MxMmFsWXg5bkp0dDBmN1kteTZzQ1Rnc0hzc3k4bkdkR1dUSmZGTUZZUUhDYTQ?oc=5) · Yahoo Finance
- 2026-09-01 [Why San Antonio Spurs forward Harrison Barnes bought an Iowa bank - San Antonio Express-News](https://news.google.com/rss/articles/CBMirwFBVV95cUxOeWRHaUl5YmhxLVNRMHhNNFJCLVBZdG0yU0V0TzJqdEc5ZzhjQmE0LXVNOGh4TXVjVnZNWHhPRzBnZFpQOGJlM1VJWUt5T1lQblFKdDdzOVRUaWl6ZjluUDBzemZQRXl4N3N1am9kd2tQSG1KamljeVZJMF9IaWZWSU9wbkZ3Y0lKU0ZNemhZSmM1S214ZGJxd0h4MXJxVEcwdHNQbkRXeGVmM0xsaTBB?oc=5) · San Antonio Express-News
- 2026-09-03 [Kansas community bank says merger will enable big Iowa push - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxNajdFUjVzLW9tRVBoWEx5aEJNRVJpanR2RE1IQ3NJeU1OUEhiUldvYjdZWU1yMnVJa2tIbURodFhUdkEtNkxNeWxES0laRlM2eFpTOHd4bzBodWlFZWZWLVFSenJQWllkT0c5YlJJaDdHTUVQZEM4enhNbmNybEVFUGt3SDcwRF9mUmFFLW4xZUh3Njgyd2hjclRHOA?oc=5) · American Banker
- 2026-09-03 [Equity Bank expands Iowa footprint with acquisition of Lincoln Savings Bank - Business Record](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOVkZWM0dPOFFybHRqejFFc2JTeUM4dWd3MkJsM293WnJNREg2b2UwTTRqa08wQ0stTEdIZGpYNDdNWUVmWGViQlFiSEZXR0JrMEdxaWpvbjFfWXJPUFRSX2VyLWpBeU5lREtzVktxU0dZVk9SaGRIYkphN3BhdHhZcmNNUTBPWXhrWVBRM3BySDdIRjhEQmdaRGpiMHlQdElNcVU3TlI3MFF5cDQ?oc=5) · Business Record

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14291 (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/19.json (key "14291", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide