# HOUGHTON STATE BANK
RED OAK, IA · FDIC certificate 15405 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $204.8M | |
| Deposits | $169.2M | |
| Loans and leases | $147.1M | |
| Total equity | $35.1M | |
| Loans / deposits | 85.69% (p72 of band) | 73.59% |
| Liquid assets / assets | 21.08% (p25 of band) | |
| Uninsured deposits / deposits | 19.41% (p49 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.39% (p79 of band) | 11.76% |
| Unrealized securities loss / equity | -4.86% (p57 of band) | -6.57% |
| AOCI / equity | -0.51% (p44 of band) | |
| ROA (annualized) | 1.56% (p71 of band) | 1.17% |
| Net interest margin | 4.28% (p67 of band) | 3.93% |
| Efficiency ratio | 50.78% (p15 of band) | |
| Noncurrent loans | 2.58% (p90 of band) | 0.36% |
| Net charge-offs (annualized) | 0.02% (p72 of band) | |
| Reserve coverage of noncurrent | 55.42% | |
| Real estate % of loans | 44% | |
| Construction % of loans | 3.45% (p26 of band) | |
| Auto loans | $629,000 (0.43% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -1.8% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 2 | brokered >10%, uninsured deposits leaving |  |
| 2015-09 | 0 |  | brokered >10%, uninsured deposits leaving |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | brokered >10% |  |
| 2016-09 | 0 |  | brokered >10% |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | deposits shrinking |  |
| 2017-09 | 0 |  | deposits shrinking |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | capital falling |  |
| 2018-06 | 0 |  | capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | uninsured deposits leaving |  |
| 2019-03 | 2 | deposits shrinking |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 0 |  | uninsured deposits leaving, deposits shrinking |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | assets shrinking |
| 2023-12 | 3 | loans exceed deposits |  |
| 2024-03 | 1 |  | uninsured deposits leaving, loans exceed deposits |
| 2024-06 | 1 | uninsured deposits leaving | deposits shrinking |
| 2024-09 | 0 |  | uninsured deposits leaving |
| 2024-12 | 1 | assets shrinking |  |
| 2025-03 | 2 | uninsured deposits leaving |  |
| 2025-06 | 2 | reserve under noncurrent | uninsured deposits leaving |
| 2025-09 | 3 | deposits shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2025-12 | 0 |  | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2026-03 | 3 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2026-06 | 2 |  | capital falling |

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

- 2017-09-12 [Hardie named Sibley State Bank president - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMivgFBVV95cUxQM0oxZTgtdDk3NFNwUWV4QWhIU3l5clExS0xEU2wwV0Z0OXlNa1l4RWtIeHAweXZYSXJ3SzgtaThmQzFBWEtGcGdWaHIyWDA4RGNGQ1hoR0dwZEFIb3E3dW92dGczLThXM0lodFdUMHd1TlJfVjZ0YW1lbDdfX3VjLW1OUi1VZGFjQ1J5VktXWWp6Unc0NGlxSzVQanNTYndiSURXUXJHaWJvVXpiZmo2dFlSaXpwMnVwRW1DWTNB?oc=5) · The N'West Iowa REVIEW
- 2025-08-20 [Lundgren settling into role as MCDC Director - KMAland.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPZzVCMC1FSHdqQzdFV2xpa1lIV0RwbXBCcnkzRjktNFlJaDJ2dko5a2dSa0ZQSURxRVVHMUQxc0hkamVVOXpNRm5kd1BjUXdJang0VmlERVFtUGs0RlF0TS1MbTFVTGJyRDBPXzBfdW5qUzJtY3Vsamk3elpCNmppLTRXd3MwWUpyNUxnN2M1M21LRkdvN2JicDUwNVROQzhnQlVGMmxrWlg3YUxzRDdMY19CRkluRXQzS2QzZnNjZ1k?oc=5) · KMAland.com
- 2021-05-28 [Donna Waters Obituary May 28, 2021 - Lamb Funeral Homes](https://news.google.com/rss/articles/CBMidEFVX3lxTFBWMW9yWnRKekJXeDF2SUZBaWc0eW5fcGNNSFI1ZjF2bWd1MndvcHNBcXI1QUgwczBPbkpUbjNVVG1NNW5lS2NFSWdpMlhfdTBfOFZvM2pxWTA0UUFkcS1mQ1RkR2Jqb25NVFBENExKNDdBTzlz?oc=5) · Lamb Funeral Homes
- 2012-12-15 [Ramona Merrick Obituary Dec 15, 2012 - Dahn & Woodhouse Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTE1hZTU0UHRuUmh0eFEzdWRwMVpPU2xBcS1oX05TV1hmUE9aNk1NdTNhcWxfS0pZU2lXUnBraEtxeHZvOC1qSkl4NnZKclRzNEFWV3NuNVFpbWdDenhOVlFPSHJXdjh1MXc1bVE?oc=5) · Dahn &amp; Woodhouse Funeral Home
- 2017-06-08 [Bormann named Red Oak chamber director - KMAland.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNOUlMd290Ynd2cGpjMkdydGQzTEtyVHVwWFpMMmxqUElRTDhTNk50Wk9ZNG15RW5WU1pWODdCUHFLSDJ4RF9lcVBMREpIWVF5Ykg4cGVmWVpoLVNQVkdjSkZlTVJtOVRFcmkta09hMVlDNk43YXNEa2VNNFdkOGFwSkVLUW9pOVYySk1za3I4OC1veUwweUxrbVl6cU1aZE5PSi1sRUNFekQzUzBwTllQaDRUYW1hb1RU?oc=5) · KMAland.com
- 2022-09-09 [Paul Dunlap Obituary (2016) - Urbandale, IA - the Des Moines Register - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNbUNWc1dLS092SVFBZFh6WnhNT0V2djNvaGlPR0djSXpUYnVpbmhwN204NXZzRVhha29kbDVBWEJRYkNMZEE0MTZKekMzNU1fRU5FQU9HcHlwQ2N2ZzNlTHNWNzc3cXlkN25pQTg0cUVsUVdoeUNLQl9udGJmSlJFWmhDdmFZZGRuMlB6NW14dGkxR1otcmsw?oc=5) · legacy.com
- 2019-10-17 [Jean Johnson Obituary (1925 - 2019) - Red Oak, IA - Clarinda Herald-Journal - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOU0o0TEhpMGFUYjJFLXdQSHM4S3Azb3BQZTRYY0NVREFSSmlTQXZxcGxyQTdHUFBxalJTajNaaW1GdXFlRUtkWE43MW1DYXBHMllpUFoxSnpUQnNmTUY4cGlQc2R5NVVDdmlyeFBGbHM1YllZUHdiRE5mbDJNZzBmT281WUVoZFJkcHByZGhzVjFfeDZM?oc=5) · legacy.com
- 2026-06-02 [Red Oak council hears update on leak at outdoor pool - KMAland.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxNaEFKTnpJN0JsQm51aC1aOXBfSy16ZEZvcXB6MldRX3pSbE5BMlJjVVFmZDZPaVliWVFpTmZKazcwcG84TWdHcHBTWmtpNGpPLUpNTi1lVWZDV3Y2bzBJcnJmd05GdEpXVWJTeTBBU1BfbHdiYW1tYUJ1Q1FxQzVRVi0tSzRaQmluSnNsUlBPckZfMXhMSXZfWTVGNVc2Rl95YkFCSkJyMmlVMEZoSmFnTnRUQmdYQVF0S2hTSnJJbzEzYWVNcDhIbjJUTQ?oc=5) · KMAland.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15405 (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/45.json (key "15405", 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