# FIRST STATE BANK
NEW LONDON, WI · FDIC certificate 15271 · 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 | $558.1M | |
| Deposits | $449.8M | |
| Loans and leases | $395.8M | |
| Total equity | $49.9M | |
| Loans / deposits | 87.10% (p65 of band) | 82.04% |
| Liquid assets / assets | 23.32% (p45 of band) | |
| Uninsured deposits / deposits | 19.50% (p27 of band) | 25.97% |
| Brokered deposits | 2.68% | |
| Wholesale funding | 12.63% (p83 of band) | |
| FHLB advances / assets | 9.30% | |
| Tier 1 leverage | 9.80% (p29 of band) | 10.81% |
| Unrealized securities loss / equity | -18.06% (p26 of band) | -8.10% |
| AOCI / equity | 0.35% (p90 of band) | |
| ROA (annualized) | 0.83% (p23 of band) | 1.28% |
| Net interest margin | 3.88% (p48 of band) | 3.91% |
| Efficiency ratio | 71.42% (p76 of band) | |
| Noncurrent loans | 0.12% (p25 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p59 of band) | |
| Reserve coverage of noncurrent | 852.46% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 62.24% (p66 of band) | |
| Auto loans | $1.8M (0.45% of loans; DQ 1.62%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 2.7% | |
| Employees | 94 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | noncurrent p90 |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | noncurrent p90 |  |
| 2012-03 | 3 | deposits shrinking, assets shrinking | noncurrent p90 |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 | uninsured deposits leaving | deposits shrinking |
| 2012-12 | 3 | deposits shrinking | uninsured deposits leaving |
| 2013-03 | 1 |  | assets shrinking, deposits shrinking |
| 2013-06 | 2 | charge-offs p90 |  |
| 2013-09 | 1 |  | charge-offs p90 |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 1 |  | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 | reserve under noncurrent | capital falling |
| 2021-06 | 2 | noncurrent p90 |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | reserve under noncurrent, noncurrent p90 |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | deposits shrinking |  |
| 2023-12 | 3 | losing money, expense ratio p90 | deposits shrinking |
| 2024-03 | 1 |  | losing money, expense ratio p90 |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | securities losses >30% of equity |
| 2024-12 | 1 | securities losses >30% of equity |  |
| 2025-03 | 2 | expense ratio p90 |  |
| 2025-06 | 0 |  | securities losses >30% of equity, expense ratio p90 |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | capital falling |  |
| 2026-06 | 0 |  | capital falling |

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

- 2026-04-09 [Fort Smith-based First Bank Corp officially acquires First State Bank - KNWA FOX24](https://news.google.com/rss/articles/CBMitwFBVV95cUxOYW9aeWo2TU12cjhBc0R3VS1hT196eTZMSXd1akNuN2dhWmRra0dwOHJSbUZtVmVIYTV4WHlVaXdEMERMcTlvMWE0VEZNYnlmOGRqc1piclBEbnRldTlpT0NCTUFKZ01nZHJxTWZ2c3ZPUHh0UzRBWC03WVNCRTZYM1hHOUtva1ZVMy1weVhjWXIwQk9NNXRvSl9nNzRtaGpNN0thRmRzVVlWVXRtcVJiYXlLQ0xVQzjSAbwBQVVfeXFMT3VjSGdOZlFoR3RXdjA0SWJ0VG03WlNNOXlicnZWVkc1Rkd4QjA5MW5UWlRKU0M1U2JwT0dlc3JkZjRKVkxZVGNoTk9hZExSZG13b1RVaGRsRVhoTzFkeFpUeEJNU3FSTWE3R1hTbTNDNkFzMUlNWFdDT3JDOGx3SWJ1dnBUOTItODZ6a2hEZjhaQVRqZV9oOHlFNFhmX09ydHJuaC1tX0NWa19faWxLMVZLZVE2b2d5U0xkOU4?oc=5) · KNWA FOX24
- 2026-03-11 [How students can apply for First State Bank’s $1,000 scholarships - Stevens Point Journal](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOSDVxQ1ExYmluRVg3VmhROHozQzQ1SXpnTGwtVmRGOUhGWkMxZWdWWU42SVFTYk1hNnN1NmppSTJIZFhVY3A1M1NrNzRsUVg3N0stU2ZHY0xvM2N3VUZ2OTNGX01jYVRUTkxrVUdITXVVYnZJSHZCVWdHNGUwV1JUc05DZWlUZHdLRzBraE1JWWJZQmdwSTlvNlVrakp4bEdiell5cm16YVV5TnMtMlFkbS1vN2RGM0dCMEIzd2h0akRtQkRfVXBOQUVVLS1RR3VfeHpTTnhISUdzUmZlOUFuS3RMMA?oc=5) · Stevens Point Journal
- 2026-01-21 [First Resource Bank to acquire First State Bank of Wyoming, pushing assets past $1 billion - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOQ010Q1J4UTRBLWdrQlBvMVRRNlFBU2xqUzIydW41bGdBa19HT2xacE4tV1NtSmE0VDlGOTJ3QU1mVWR5RGs1RXQteTVaWldLWGxrcWNUSGRydERvUXI0eWZEUlFnRkVEZzZDLUF5cmNtTlZELVNXaGFiY29oRTQ0RXBLdmZmOUdjdHR1dzVKMW9GSFJmZnp4MlBnUC1ZZ25lSkpQQnhPYjNkUQ?oc=5) · The Business Journals
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-04-01 [New London transforms an old bank into a massive new community library - nbc26.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxPM3Nlem1QU3JvMzRHSTJJZmxHUlAzRGRMSWFhQ1BxMTdwX3g0emlyQktELW9BMmlqSERoZU9UWkVuMHphS1ZXMEhWNXNZQmNNOUoycGpQYUgwT0hBS1VnWXV6YThreVE1TjVVX3pPeGxtdE9qaGU3NzhlNzFhUVZlS2xvbzBsSHpYcmw4aGNRQWNnd0JPd3kzOHFSR1ZISXhua1RPbUNn?oc=5) · nbc26.com
- 2019-05-01 [New London's First State Bank buys central Wisconsin bank - WLUK](https://news.google.com/rss/articles/CBMimgFBVV95cUxQRHdIWmEtOHYwamQzeTFRR1ZHTDRZeHB6UzJoRGRINkU2V1RBV2MzeHBSR2xSN0E1MjFoNERnWEsyQ25MRTk2RlJjdEY1TENwTVlsZWZuSHpmb3dlNmZDbDAteGlfMG5HYlpBbWNNUkRHdlNWV3Z5RzlzX21kUFBWSkpGenZVN1pHcFg1ZjJPenl0eHFTR0J6ZEZR?oc=5) · WLUK
- 2021-05-04 [Citizen Potawatomi Nation-owned First National Bank & Trust to acquire larger Okla. bank - Tribal Business News](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPaVlyaGt4bHZqb1EyWHVhODlVeDh0N0wzZWlsd2ZfUHF1OUU0dzVtN0diV002UzZYLUJwNW1UbXA5Ym54TmhWM2MwYWoyOXBDLTMxRlVPM0NIOGtzYVlSc0l4MlNRQ28tNlFaVVhtbUQyME1KSm5DNG02NU9hTG9nb1lJT2ZMcUxvNkxnUGl6LU9rOEtVNGRHNEpHanFLS1FzMzJ0Y0RIYk5jVmIteWh2LWRWdUYyZ29qa3hlOVJ6V0pHZWtDNktDUWdEdldJQXpvRmNZ?oc=5) · Tribal Business News
- 2025-04-05 [First State Bank marks ‘Power of Community Week’ with food drive, service projects - Point/Plover Metro Wire](https://news.google.com/rss/articles/CBMipwFBVV95cUxQeVZQSDRXQmNEMjktN2laVFMycU9la191bTVpd2ZyNlExcUVpOHdCT2JWekl3Q2F3VnAwSmZZY3QwUVlOUkQ0YUVGV0taNU9sWWtXSjhrRzQzU0RpYjlDNXlremFHNTJ5dk1QQjBTS1RVdllQa2F1X3RmVjBqMW5mMlhaeTl2WFBzT3dFMDBWSHJFR0ZJY3JHZTNsN1pnVzhkQ0NVTzF4SQ?oc=5) · Point/Plover Metro Wire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15271 (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/39.json (key "15271", 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