# TWIN CEDARS BANK
BUSSEY, IA · FDIC certificate 1556 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $118.3M | |
| Deposits | $104.7M | |
| Loans and leases | $90.8M | |
| Total equity | $12.8M | |
| Loans / deposits | 84.28% (p69 of band) | 73.59% |
| Liquid assets / assets | 21.39% (p25 of band) | |
| Uninsured deposits / deposits | 8.75% (p10 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.19% (p13 of band) | 11.76% |
| Unrealized securities loss / equity | -0.16% (p88 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | -2.34% (p2 of band) | 1.17% |
| Net interest margin | 3.97% (p53 of band) | 3.93% |
| Efficiency ratio | 108.20% (p96 of band) | |
| Noncurrent loans | 4.61% (p97 of band) | 0.36% |
| Net charge-offs (annualized) | 1.48% (p99 of band) | |
| Reserve coverage of noncurrent | 62.53% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 125.33% (p96 of band) | |
| Auto loans | $836,000 (0.92% of loans; DQ 7.18%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.0% | |
| Employees | 21 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **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 | 3 | losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  | charge-offs p90 |
| 2011-09 | 5 | leverage <7%, capital falling, charge-offs p90 |  |
| 2011-12 | 4 |  | capital falling |
| 2012-03 | 3 | deposits shrinking | losing money, leverage <7% |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 | assets shrinking | charge-offs p90 |
| 2012-12 | 3 |  |  |
| 2013-03 | 5 | losing money, expense ratio p90 |  |
| 2013-06 | 3 |  | reserve under noncurrent, losing money |
| 2013-09 | 4 | reserve under noncurrent, uninsured deposits leaving | expense ratio p90 |
| 2013-12 | 1 |  | assets shrinking, reserve under noncurrent, uninsured deposits leaving |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 3 | assets shrinking |  |
| 2014-09 | 1 |  | uninsured deposits leaving, assets shrinking |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | capital falling, uninsured deposits leaving |  |
| 2015-06 | 2 |  | uninsured deposits leaving |
| 2015-09 | 1 | uninsured deposits leaving | deposits shrinking, capital falling |
| 2015-12 | 0 |  | uninsured deposits leaving |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 1 | expense ratio p90 |  |
| 2018-03 | 2 | charge-offs p90 |  |
| 2018-06 | 1 |  | expense ratio p90 |
| 2018-09 | 1 | uninsured deposits leaving | charge-offs p90 |
| 2018-12 | 0 |  | uninsured deposits leaving |
| 2019-03 | 2 | capital falling, uninsured deposits leaving |  |
| 2019-06 | 1 |  | capital falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | deposits shrinking, assets shrinking | uninsured deposits leaving |
| 2020-03 | 0 |  | deposits shrinking, assets shrinking |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 4 | losing money, expense ratio p90, charge-offs p90 |  |
| 2021-03 | 2 |  | losing money, expense ratio p90 |
| 2021-06 | 1 |  | charge-offs p90 |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | capital falling |
| 2022-03 | 2 | losing money, expense ratio p90 |  |
| 2022-06 | 3 | capital falling |  |
| 2022-09 | 2 | NIM <2.5% | expense ratio p90, capital falling |
| 2022-12 | 1 |  | NIM <2.5% |
| 2023-03 | 3 | capital falling, expense ratio p90 |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | expense ratio p90 |
| 2023-12 | 1 |  | losing money |
| 2024-03 | 4 | loans exceed deposits, liquid assets <10%, charge-offs p90 |  |
| 2024-06 | 1 |  | capital falling, liquid assets <10%, charge-offs p90 |
| 2024-09 | 0 |  | loans exceed deposits |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 3 | charge-offs p90, construction >100% equity |  |
| 2025-06 | 1 |  | charge-offs p90, construction >100% equity |
| 2025-09 | 5 | brokered >10%, wholesale funding >15%, charge-offs p90, construction >100% equity |  |
| 2025-12 | 3 | reserve under noncurrent | capital falling, brokered >10%, wholesale funding >15% |
| 2026-03 | 6 | losing money, noncurrent p90, uninsured deposits leaving |  |
| 2026-06 | 8 | capital falling, expense ratio p90 |  |

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

- 2026-04-20 [Operating farm equipment in Iowa - farms.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxNb1FDWVNrUVpPUFZhcGVVLXRtX3RKelM3Q3o5eUZSTnZVSHZLT29Cc3o1N3VSOExfTlVNTVF1M3otQ3F3amhtZFR5UlZnSndpZE00LVQ2TDd2aXdjWGdzNzMwYVpUTk94OGJLaGtqWC16R3dFa1JsNGNObGozQm1OdDZoMmRlVDA?oc=5) · farms.com
- 2025-10-29 [Scott Van Veldhuizen – Oskaloosa School Board Candidate 2025 - Oskaloosa News](https://news.google.com/rss/articles/CBMihgFBVV95cUxNcHlPRzY3YXhnTVBfWnJPblV1NFhubTduWVNCTTJKbjVHdnNoM2tjNmxYVUdrLVBlWnJJMWtIekI4ODlrNUZlRF9XQzdjTGU2dGlnVUlsQ1poeXlOX0Q2ZXdlNXRPRlhYUVhuNGJKZ244eUt3ZG0xNmJVZTk5VTZROHpVX1NXQQ?oc=5) · Oskaloosa News
- 2023-08-03 [New exclusive Johnston neighborhood requires country club membership to buy luxury $1.5M+ homes - The Des Moines Register](https://news.google.com/rss/articles/CBMigwJBVV95cUxOMGpxZUJIVHFnUUs1RHhxZ2pHWkxVdThGN0Z6RFpVT0pSNk5MU3E2bWMwenVTZ3VGbDFyYl9zN3NPNHJWWXZFNktUSkFmdmtfa0d4T3BjS1BpYy1MU2Nnc0VhbTFNRENrSGlKT0NqRTlvNzdPOERkMHZJMXhQS1Fiem9Ob25aZ0VzUzlUSHlsdk5KR3Q1Q1NqQ3h1Qm5neUctb3ZWZVJ5QmIwY2N2YzE3SFpVaVhRUVB0aWYxRGZQek5TcHhVczJGZjdpZS1ZY2QtUy1DMGZmOHNMSEdSRnd5bUZuRXZqRk1fNDJFNXAyV1lJYjcxdjgtbk9nYTlNRTZaVVlF?oc=5) · The Des Moines Register
- 2025-05-20 [Farm to Table Event to Highlight Local Foods - Ottumwa Radio Group](https://news.google.com/rss/articles/CBMihAFBVV95cUxNREFsZTV3Q2hiWFpuS0tjY2ZUV2FwNnBqbzIxZGU0cGZEd0syeWVFbG4xS0ozMEtlMXAwUnJlUTFFMC16R1dycV9iZ2N2bGNYUm0zV3BGdkd3V2pOS2c5NTUxYllGTHhpZ2NRWW1uWERuemdMSDZmdm5WZ1FNUnRQWGpSOFk?oc=5) · Ottumwa Radio Group

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1556 (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/20.json (key "1556", 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