# FIRST SOUTHERN BANK
MARION, IL · FDIC certificate 15565 · asset band $1-10B · 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 | $1.04B | |
| Deposits | $904.3M | |
| Loans and leases | $655.7M | |
| Total equity | $112.4M | |
| Loans / deposits | 71.66% (p19 of band) | 87.10% |
| Liquid assets / assets | 31.82% (p79 of band) | |
| Uninsured deposits / deposits | 34.63% (p60 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.04% (p30 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.85% (p58 of band) | 10.50% |
| Unrealized securities loss / equity | -18.59% (p22 of band) | -7.75% |
| AOCI / equity | -2.34% (p3 of band) | |
| ROA (annualized) | 1.37% (p61 of band) | 1.26% |
| Net interest margin | 4.05% (p71 of band) | 3.70% |
| Efficiency ratio | 49.19% (p22 of band) | |
| Noncurrent loans | 3.00% (p96 of band) | 0.51% |
| Net charge-offs (annualized) | 0.28% (p90 of band) | |
| Reserve coverage of noncurrent | 39.39% | |
| Real estate % of loans | 69% | |
| Construction % of loans | 41.02% (p43 of band) | |
| Auto loans | $1.9M (0.29% of loans; DQ 0.80%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 161 | |

## 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 | 1 | reserve under noncurrent |  |
| 2012-03 | 0 |  | reserve under noncurrent |
| 2012-06 | 1 | uninsured deposits leaving |  |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 1 | uninsured deposits leaving |  |
| 2013-03 | 2 | capital falling, reserve under noncurrent | uninsured deposits leaving |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | uninsured deposits leaving |  |
| 2017-06 | 1 |  | uninsured deposits leaving |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | capital falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | charge-offs p90 |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | charge-offs p90 |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | capital falling, noncurrent p90 |  |
| 2022-06 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 4 |  | capital falling |
| 2022-12 | 4 |  |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity |
| 2023-06 | 3 |  |  |
| 2023-09 | 4 | deposits shrinking |  |
| 2023-12 | 2 |  | securities losses >30% of equity, deposits shrinking |
| 2024-03 | 4 | securities losses >30% of equity, uninsured deposits leaving |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 2 |  | securities losses >30% of equity, uninsured deposits leaving |
| 2024-12 | 2 | securities losses >30% of equity | noncurrent p90 |
| 2025-03 | 2 | noncurrent p90 | securities losses >30% of equity |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 | deposits shrinking | reserve under noncurrent, noncurrent p90 |
| 2025-12 | 0 |  | deposits shrinking |
| 2026-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2026-06 | 2 |  |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2022-06-21 [Bank of Carbondale to merge into First Southern Bank - KFVS12](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPaWNOWWpLZHgtQnNDYUdrV3liRWxabnQ4WHNBOF9IcUUyMFZTTGZxWVkyNnFGa1Baa3luY1BCeE9kR0kyNGtUcDZFT3VTX04ySDRud2hBU2pNVHplcnd5bzZ5UlBnellFc0phZHNlZEhLSTF1U1Q2N3RqeGljbVRWQTVTU1JEa2VI0gGcAUFVX3lxTFAzU1FNTzhSYTNMM3B1OGRwQ1pEVVI4emk5aE1fVWJCZjA3bXhCcHR0YV9RQzlCVGpsUWVOZnpmTFFVTm1rUFd4dGc2RmN1NkNSQTN2RnF4bkI4TmI3b01Da2V0ZHQwcFNuRTVTMWlNQlMwZW92Q2stYVJBSjVOYl9fcFZtRGI0U0oyVnl2dmo0UHBZaUFGRW52cm9WYw?oc=5) · KFVS12
- 2022-01-13 [Bank of Carbondale, First Southern Bank to merge - Southern Illinoisan](https://news.google.com/rss/articles/CBMizAFBVV95cUxQaHRwZjRlanFkeFpGamRVT2tnbXdpSE9zS2VxbF9WU0RjNDhDVWs2M0lGV2pCd0JTVW1TcGNLQ1ljUFpGLXVlajdya0xiVDdPT1gzM21EaFdXWWJRZkhqRnVLWmFldUdLNlplazFBNFR6R0Z3ZWhKZDJUamctMWJUTXgwMGpWRjRJajVfTkNqRGtURTlYUEtMMlZSeU8wdV9QRW5ISjBRRzZNei1IUk9IalZhMzRxTGtBSjM5Yk5tY2xiWGc1aU1QM2tTaU8?oc=5) · Southern Illinoisan
- 2011-08-19 [First Southern Bank shuttered - Statesboro Herald](https://news.google.com/rss/articles/CBMieEFVX3lxTE9UbTNaclpsM2NZOGdDb0E2dmcwWHB5NHFjRWlmVFRWNDMwcGgwMDdpdV9Tb09nZXNLaUt3VGlxbHBVNmlrb0VEVEVQbmxXeERoaGNXNDYxZXZVRnEzTnNVajgyRll0d2NfYXhFQm5vdFlhVUZRdVBnbQ?oc=5) · Statesboro Herald
- 2023-12-05 [A town hall for today and tomorrow: Marion, Illinois modernizes old bank building - WPSD Local 6](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQNjMtd3NRaHBOQko3SXNDaWJmUE1ZVE1xdjlWZDJSbVNYWl9JWDhJNFo2V2tkX2o3UTZJc0xkbDBBSU5HclhQeF94OTVfQ0M2cjlYekFUUUc4TnVueVRJTG1sYVhPd181Y3pVU3VCODByeFVCZ1djTU1nV2Y3RWtJbHVYeUJ3c2dyLXhXT2JYLTJYdjNLX3lqel9uci1HZjZDZHZEejNfa1M2LUtaMVBqTWNXNEhKb0ZLYUl2ZXlOYjV3Mkk2a05wdjMtQ21iYVBZSGN3UGp4TWNvZWxpRW8tQlNWNEt5V1ZKTXR5Z1pRNVQ3QVk?oc=5) · WPSD Local 6
- 2014-08-17 [Bank of Marion and First Southern Bank come together - Southern Illinoisan](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNU2xDcVFUUjRxdGg3NU9tV0daMDdOQkJ6LXZiZjB4NnhvLVB6aEFoNEN1bWRFT0lULUFDa3BIWk5GNExMRlQtZWNOTlp6X1RtMy1rMnRYTXFBTEYtRFNwTHQwWlRfalVzRUlsZDY4b0tDVDZab25hbTJhaHg4QlkySUlZbHBWaWlQWEV1a3hEa2RzNmlGUFdSUzEwM2JCd1dYRHhQbVRMT1lIUlZrcFo2TktkTDg2MTM0RENDUHg3UGVseWd5d1N3SDRiNjZRWXBaVDNoYmdycm1RYl9ySDB6dEJDWmxuS3dBWGliLXljdFExbWs?oc=5) · Southern Illinoisan
- 2024-09-12 [Entrepreneurs invited to Southern Illinois 2024 Business Plan Competition at SIU - SIU News](https://news.google.com/rss/articles/CBMivAFBVV95cUxPYjlhLWJrWGdzNkwyQTJpaDlmRTlTdVhzQXNkWXhHcHIzdDlxUkxUQlNVWXNBSGp0aE1KRngwZU5DZkxwb3ltVzZPcGswUTJNMk5tdGtYb1ZMTUc4bjROUVFCZTJnaHJzQUdnSFJVRDN2M2RBTDR4cEJVempHNmNVRmJVNnk3WnpxWVVudnFzbWpnLXdaV3lMNFNBaDRNMnZTZC1wNG9hVVhWbTVMeGs3WUF2dHR6NTlnSWpWdw?oc=5) · SIU News
- 2017-08-13 [Carbondale police officer charged with bank robbery - The Daily Egyptian](https://news.google.com/rss/articles/CBMimAFBVV95cUxNYTRMbnRhWjdocnBseHY1dzFBeUtLRzEyUWVCR0NhT0U1aTJOdGNQRVRXQnhGdFJGSUpqcVo1OW8tTm5HQThWRC02eVNtTFdlUGgta0VFem5UVXF3VkFlMDNMNElvS1M2cUdMYmRSZlAzTFNCdDZSLVJrR0lFRzZKbVBRM3haeGhaRGtubTZuMHdNNzlYTWR2Zg?oc=5) · The Daily Egyptian

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15565 (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/13.json (key "15565", 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