# MONROE STATE BANK
MONROE, IA · FDIC certificate 14693 · asset band <$300M · latest filing 2014-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $25.3M | |
| Deposits | $22.3M | |
| Loans and leases | $11.5M | |
| Total equity | $2.9M | |
| Loans / deposits | 50.91% (p23 of band) | 68.03% |
| Liquid assets / assets | 54.19% (p80 of band) | |
| Uninsured deposits / deposits | 13.55% (p56 of band) | 12.24% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.63% (p68 of band) | 10.34% |
| Unrealized securities loss / equity | 0.58% (p73 of band) | -0.15% |
| AOCI / equity | 0.00% (p16 of band) | |
| ROA (annualized) | 0.99% (p66 of band) | 0.74% |
| Net interest margin | 3.70% (p56 of band) | 3.59% |
| Efficiency ratio | 59.13% (p16 of band) | |
| Noncurrent loans | 4.49% (p91 of band) | 0.94% |
| Net charge-offs (annualized) | -0.02% (p18 of band) | |
| Reserve coverage of noncurrent | 29.59% | |
| Real estate % of loans | 49% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO -0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -13.0% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | noncurrent p90 |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | noncurrent p90 |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | noncurrent p90 |  |
| 2012-12 | 1 |  | noncurrent p90 |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 2 | noncurrent p90 |  |
| 2014-03 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2026-01-19 [Ann Mahoney Obituary (2026) - Lena, IL - Leamon Funeral Home - Lena - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTFBPc29HSGJrVDFVWl9QY3p3bUlNMGlRZHBFOFRnV3JySlpVdUdhLUp1a3YxbWl1SVIzWV8xT2tEYVpjRk5oV201X3kta0QwNkpaN3o3ZEZXTVQ4cURCVnM5WFhSbTFaa3RoYWxFeVQtSWNEZXJNZHFzX1lvcHFGbnc?oc=5) · legacy.com
- 2020-08-24 [Jane Fennema Obituary (2020) - Des Moines, IA - the Des Moines Register - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNeWtvUTZOUEhaaWk5dVJuRlMzU0d2MER0OUhZdkNvRkcwaTZQZGF0VWlEWDVsNWZaY1JMY2x4SlRkLVZ0eFE0U0tmY0psTEhIVEJHUEZCS0hOUXpkdncxQTlWWDJPSlp2SlQ2Q09BM2RVdUdVS3NRWGM3UEI4MFhLS01wNG94X2xPX0lybS1iSktOX19tNldV?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14693 (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/37.json (key "14693", 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