# TRUBANK
OSKALOOSA, IA · FDIC certificate 15484 · asset band <$300M · latest filing 2016-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $134.0M | |
| Deposits | $104.0M | |
| Loans and leases | $89.5M | |
| Total equity | $16.9M | |
| Loans / deposits | 86.07% (p70 of band) | 75.30% |
| Liquid assets / assets | 18.99% (p22 of band) | |
| Uninsured deposits / deposits | 6.74% (p16 of band) | 14.23% |
| Brokered deposits | 7.43% | |
| Wholesale funding | 15.25% (p91 of band) | |
| FHLB advances / assets | 7.82% | |
| Tier 1 leverage | 10.60% (p45 of band) | 10.87% |
| Unrealized securities loss / equity | -0.11% (p4 of band) | 1.65% |
| AOCI / equity | -0.08% (p5 of band) | |
| ROA (annualized) | 0.38% (p17 of band) | 0.88% |
| Net interest margin | 1.66% (p2 of band) | 3.67% |
| Efficiency ratio | 57.85% (p17 of band) | |
| Noncurrent loans | 0.05% (p19 of band) | 0.69% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | 71.43% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 184.24% (p99 of band) | |
| Auto loans | $244,000 (0.27% of loans; DQ 10.25%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.8% | |
| Employees | 26 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | construction >100% equity |  |
| 2012-03 | 1 |  | noncurrent p90, construction >100% equity |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | construction >100% equity |  |
| 2013-12 | 0 |  | construction >100% equity |
| 2014-03 | 2 | capital falling, construction >100% equity |  |
| 2014-06 | 1 |  | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | capital falling, uninsured deposits leaving |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 2 |  | uninsured deposits leaving |
| 2015-09 | 1 |  | capital falling |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 4 | wholesale funding >15%, NIM <2.5%, reserve under noncurrent |  |
| 2016-09 | 5 | uninsured deposits leaving |  |

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

- 2024-10-18 [TruBank's Keith Welling grows a 50-year legacy in banking - indianola-ia.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOUi1aa0h1enIxTWRSTzlmdG1aTzNzeURqeTZtb0ROcmc3Qlk4MVFGUnVMdlVCZ0x4d0hyS1AtWUhWaVRCMkEtUWRvbktVV0xBLVVGTzVqSTY1NHFZd2VHQnRTY3FuVS1nNjd1cFVneU1VQ1JIN2poNXI4M3lSVDFQMWhhWVhZYkwwS0xoVzJrd3pobG1mN0JoS05hNFN0NFpTTGh6MHNQQVBHV3RZVzM2NW1vVXp3czhRak90YzhIZWdIcDR4Z0F4ZDBlcEpEdVJTY0M5eTZNbw?oc=5) · indianola-ia.com
- 2016-04-05 [Community Bankshares Corp., parent company of Community Bank to acquire TruBank of West Des Moines, Oskaloosa and What Cheer - Oskaloosa News](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOMTNWajFpYTNZQ0pTdURROXZVNTRfT3UtU253VjJFNTVpMEhIQ2RMUEIwell5Ylp6OE5raURUenRNNDFsYWlZWUhic29nNkdmT0xnOE1UN0pHbElaM2h3dllOVU5mUTFXN2hrcnItUl9GSXRKbWxnSEhtMnNvWFRFMXU1akY2eUpSLWc4cGRuYjJtWGpmYkhHUk5jX091Skp3SWVlblNnaVJzRldUM3hyQmt6SC1JcTRMQTFLWHlmVXBmcnEyMUlSall3aUlWbVFER2lBVXJ0LTlDQQ?oc=5) · Oskaloosa News
- 2021-08-30 [Authorities investigating explosion, fire at Indianola bank - KCCI](https://news.google.com/rss/articles/CBMikgFBVV95cUxNblN5TzZnR2JzUEVPVnMzVmRELWNNOXF0am9zUlhIcXRybEl0bzJpdnRxM2QxcnBmVzNWbzlTWndjb1FaMXdBd0h3VC1UbWN3MTNqb2loRHFlVnBEdUZqclh5N1hCRHJHamdxV0hhenRPcWhTUkdEUFMyZmdIS214YmZtSkhRUlNVVGNfbzJjVjNjdw?oc=5) · KCCI
- 2016-04-05 [TruBank to be sold to Community Bankshares Corp. - Oskaloosa Herald](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNWHhCNlZPRnhTNkFxenRuTkEwSGVCdE5fbjNyZ2RKY042bVByY19IVGpMaVJrTTBhTnRoeERyM1Uzc3huZHVoLXV0T3NON0NNbTNOV3hlcWp1SklzX3ZFelN4OHhMOEtxZ1VxaUVaZXJJYUZubGY5dEM3SW5GekJkZnZodTF0eHl6WWZkbmFIVW5uYVRnUFJFNkJyV0pkemJhZHdMWUszR3ZtQzE5MVhCcFk4MHhMYlp1VTZZMjdXbTM4WnBHUkd2M1ZHRVpPUWkwRjR1a21B?oc=5) · Oskaloosa Herald
- 2023-11-14 [TruBank celebrates its old and new - indianola-ia.com](https://news.google.com/rss/articles/CBMiugFBVV95cUxObWJ1azZlXzNEUnNzTWp5QnlIa0dNOU1Qb3AzeklPZzgyT19uc3JoNWV2ZTNVU2pYUHQwbVFYN2VLZ3ROR01OMmpUVDd1UFFqZEU2WnMxLS1JeFhzYXBRMy1VRkNCNllZMHB3Z2Q2TXdvQjdLblRCejFKaFN4cEcxSjFkVHhYME55QVJZMkpYVXJ4NE5INUtFdEItTEl6eHduMjlFMFNsaW0yeV91T2lUZ0dlN3V1Y0FmOWc?oc=5) · indianola-ia.com
- 2024-02-08 [The 2024 Trubank Des Moines Challenge - Disc Golf Pro Tour](https://news.google.com/rss/articles/CBMibkFVX3lxTE1qdlBuZjlQcWowUDdaeTd6UWpBbWdzNlRYM05fZ1MzR2t2M1Q5dmlWdnZBOWJyeGxzNE5jSUhhZEhuYzNOMVhwWTJZMEZ0aTJDSmtTdmtfZWRhWGMxZGdDdDA3U092ejdUdzJRdGZR?oc=5) · Disc Golf Pro Tour
- 2022-07-02 [Orrie James Koehlmoos Obituary July 2, 2022 - Overton Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTFBodFpsMUR4WW9VVERQalpQN1NMSGV0YXhjakE1bFJGSXg1TTIxTDZPWF81VS1nc3V6Z3NqeXFDYmdzQ05XdTlfakRxSTJMZ1ZmVUhQenBxc0RERGhTaEJCQXUxVFlkeEx1TlE?oc=5) · Overton Funeral Home
- 2025-04-25 [Pet insurance launches urgent pay service - DVM360](https://news.google.com/rss/articles/CBMieEFVX3lxTE1PN0NjRG90X0lOR3ZQaHFUb2hLYXpDME5QTDVzdU1jQVZiMTJ2clV0b3NTTTlhOVpiMXhWaUVVLWJEdDhyaEY5WGZOenp4QTZHNXdLdVVLUnA0M3MwNWZNLW8yNWJEMGtybjRUX015V3FqcU5RS2g4cg?oc=5) · DVM360

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15484 (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/60.json (key "15484", 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