# GRAND MARSH STATE BANK
GRAND MARSH, WI · FDIC certificate 15185 · asset band <$300M · latest filing 2018-06 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 (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 | $120.6M | |
| Deposits | $98.7M | |
| Loans and leases | $52.6M | |
| Total equity | $21.8M | |
| Loans / deposits | 52.78% (p17 of band) | 76.78% |
| Liquid assets / assets | 55.34% (p87 of band) | |
| Uninsured deposits / deposits | 19.58% (p67 of band) | 15.22% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 17.21% (p90 of band) | 11.19% |
| Unrealized securities loss / equity | -4.71% (p29 of band) | -2.38% |
| AOCI / equity | 0.00% (p91 of band) | |
| ROA (annualized) | 1.15% (p60 of band) | 1.00% |
| Net interest margin | 3.43% (p30 of band) | 3.78% |
| Efficiency ratio | 54.20% (p13 of band) | |
| Noncurrent loans | 1.27% (p72 of band) | 0.57% |
| Net charge-offs (annualized) | 0.01% (p62 of band) | |
| Reserve coverage of noncurrent | 77.58% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 28.97% (p64 of band) | |
| Auto loans | $786,000 (1.49% of loans; DQ 0.25%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.0% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 3 | NIM <2.5% |  |
| 2014-06 | 3 | noncurrent p90 | capital falling |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 2 |  | noncurrent p90 |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 3 | deposits shrinking |  |
| 2016-09 | 5 | assets shrinking, uninsured deposits leaving |  |
| 2016-12 | 4 |  | NIM <2.5% |
| 2017-03 | 4 |  |  |
| 2017-06 | 5 | noncurrent p90 |  |
| 2017-09 | 1 |  | deposits shrinking, assets shrinking, uninsured deposits leaving, noncurrent p90 |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | deposits shrinking |  |
| 2018-06 | 1 |  | deposits shrinking |

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

- 2013-07-17 [Suspect in Grand Marsh State Bank robbery charged - channel3000.com](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOTF9kX2lzQ3dVUk5vNllINExneEVNT01hZDVmSHJWN3hsT2k3NEFva2ZMNENXWHJwcUNVMUotZWltaHVRUjNPbUZRcFNLVkdHYW9rOGVOTDlDQ1dsaFprc0I3VjZjX1d5X1I5UDZrNnlRVzlJTTJsZXhDSWV1THJKWGYzX0pYeTZpZ2xQVXJ4U2NoUEtid2NoLW0tWVZZT2hidS1SZDRXVU0yYlZnYzRTUFhxbUdmWHJDbmduS3liTEZfazljLXNfZ2d4UThNM0UxNlljRg?oc=5) · channel3000.com
- 2015-02-18 [Letters: Dan Wood for Adams County judge - Daily Tribune Media](https://news.google.com/rss/articles/CBMirgFBVV95cUxOMkpJQ0RzUzVlb3o1U05zNTNWM0JPSHRLQ3NQeUV2RFpoeHRQaWVlb0VkQV9KbzZlTzcyaU9sX09uTUplclR6NFlLclhKM3pWM21QUTVnc2E2V0QyS0dTajRCSW1xX2gxTnJxNDc1NUxBYm83LTExRTVsUFVLMVhHSUdjb0ZRQ3JLczA3bmtsZVR1WEE2UWZqUHR2bzNWRW84M1FVdVdrWmNvbTBpWkE?oc=5) · Daily Tribune Media
- 2024-07-30 [Elma Jean Nichols Obituary (2024) - Friendship, WI - Roseberry's Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxQMUd3Wm84ZjJEamQwN2J0R1BoaS03VmJBUG9XUmp5V3VmVkhHMEdKaGZIaHByekR6STJSbnBtRktWMDQwOVg3dEw1a3RUZ1hjemUydHdMdFBNSVJoT2dnd3o4al9yemxqSUhndEhWVGdKSFpURWIxVVByX096WHNUbQ?oc=5) · legacy.com
- 2016-04-23 [Wilma Carolyn Hilliard - channel3000.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxQVDJkV0ZDVzRqMWcyNzV5cmxPS2k2VUJrNzZZTFVqNnVielpPeFBSWWMzRVZSMDZVcThwV1k1TTZpNnhHMGFqTUlnTjNqOHdWeF9CQVgzTDZ6TmlGVnBGb19rYVFGRjhNTmo4anR3SGFLcVo0MmJzNWtSTDFaLUtOSHZvUXdKaVFpbWNRcXdGYUFrM0RBMUg4b0tFczhnR1dBb2MxcDVNSERya3pJZTdGRw?oc=5) · channel3000.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15185 (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/17.json (key "15185", 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