# LAURENS STATE BANK
LAURENS, IA · FDIC certificate 15320 · asset band <$300M · latest filing 2021-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $88.1M | |
| Deposits | $79.1M | |
| Loans and leases | $24.8M | |
| Total equity | $7.9M | |
| Loans / deposits | 30.98% (p8 of band) | 64.15% |
| Liquid assets / assets | 70.55% (p93 of band) | |
| Uninsured deposits / deposits | 20.19% (p57 of band) | 18.57% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.05% (p26 of band) | 10.40% |
| Unrealized securities loss / equity | -4.30% (p3 of band) | 0.89% |
| AOCI / equity | -3.14% (p14 of band) | |
| ROA (annualized) | -0.10% (p5 of band) | 1.04% |
| Net interest margin | 2.45% (p15 of band) | 3.30% |
| Efficiency ratio | 106.27% (p96 of band) | |
| Noncurrent loans | 0.00% (p11 of band) | 0.35% |
| Net charge-offs (annualized) | 0.00% (p32 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 58% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $514,000 (2.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 26.2% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 5 | AOCI drag >20% of equity, securities losses >30% of equity, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 3 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2014-06 | 3 | capital falling | assets shrinking |
| 2014-09 | 0 |  | deposits shrinking, uninsured deposits leaving, capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | deposits shrinking |  |
| 2015-12 | 0 |  | deposits shrinking |
| 2016-03 | 2 | capital falling, deposits shrinking |  |
| 2016-06 | 0 |  | capital falling, deposits shrinking |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | capital falling |  |
| 2018-06 | 0 |  | capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 0 |  | capital falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 4 | losing money, expense ratio p90, NIM <2.5% |  |

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

- 2021-07-14 [Glenn W. Wassom Obituary - The Des Moines Register](https://news.google.com/rss/articles/CBMiZEFVX3lxTE80OC1UWFhZcnhjenk5WXV2SWNvTGpmWjdvbDUyVHBOR3E5c0wzSWdVeHBobGhzNzd0ZWhhei1nbTZKclJRc1QxSklWQUlxbE55T0NMRlUxTjFoN1dSTnZBdFhwcjQ?oc=5) · The Des Moines Register
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2010-12-15 [John Blake | 2010 | Obituary - Martin-Mattice Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5Ea2h3Ti1SZF9HbU1LTUk1VUZTT205Vml1bm1tUHA2OHphSkZQa1k4eTNwS0x0V0JEeWVPdmgtaC1KTGJJbUdlejJPUGd5aDBJZXV5ZWRlUnQxczlGV1RqQXYwQkhOOTl4?oc=5) · Martin-Mattice Funeral Home
- 2025-01-14 [Donald A. Beneke Obituary (2025) - Pocahontas, IA - Powers Funeral Home - Sacred Heart Chapel - Laurens - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxNY3NwQVpJZ19ZWGIycEdNSUVJUlBNOTByZERVaFlRQm9DcC10UTZFbjhHamJFeFNVX3ZHWUlyQ3Z5bURtMDJrUHB1c3paQVZkNmIxRmNfaDdNTHR0ZHp0OXA4RHRGUF80TlVoTzR4N3ZySi1nd2JFcHVpWVdQX0xoNUh3?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15320 (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/24.json (key "15320", 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