# QUOIN FINANCIAL BANK
MILLER, SD · FDIC certificate 15629 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $250.7M | |
| Deposits | $216.5M | |
| Loans and leases | $156.6M | |
| Total equity | $29.6M | |
| Loans / deposits | 71.95% (p47 of band) | 73.59% |
| Liquid assets / assets | 28.93% (p41 of band) | |
| Uninsured deposits / deposits | 22.14% (p59 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.90% (p2 of band) | 11.76% |
| Unrealized securities loss / equity | 0.94% (p100 of band) | -6.57% |
| AOCI / equity | -1.85% (p14 of band) | |
| ROA (annualized) | 1.17% (p50 of band) | 1.17% |
| Net interest margin | 4.89% (p87 of band) | 3.93% |
| Efficiency ratio | 58.22% (p31 of band) | |
| Noncurrent loans | 0.21% (p42 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p65 of band) | |
| Reserve coverage of noncurrent | 243.33% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 42.01% (p74 of band) | |
| Auto loans | $2.1M (1.32% of loans; DQ 1.01%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.3% | |
| Employees | 37 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 2 | uninsured deposits leaving |  |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 | capital falling | reserve under noncurrent |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2015-12 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2016-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2016-06 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2016-09 | 0 |  | assets shrinking |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 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 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | charge-offs p90 |  |
| 2021-06 | 0 |  | charge-offs p90 |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | deposits shrinking |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 3 | NIM <2.5%, uninsured deposits leaving |  |
| 2024-03 | 0 |  | deposits shrinking, NIM <2.5%, uninsured deposits leaving |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | charge-offs p90 |  |
| 2025-09 | 2 | capital falling |  |
| 2025-12 | 1 |  | charge-offs p90 |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 0 |  |  |

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

- 2026-03-25 [FM BANK and Quoin Financial Bank Select Jack Henry to Elevate Service - FF News](https://news.google.com/rss/articles/CBMimAFBVV95cUxPS0NzOEFKVFJFU2Q4MFI0MjlLZXphRDJwRGl3MXpQNEhuZGdWMHd6VnM1YjV0SjBkVjZBeU44SUkzUXdXVVBCLTNlY2VVZDY3MklwVk5hdHBzMFVZYTl0WjlRd09vRFVGOUI5WDNKRWtkUUU4Q19uMjZKRnowZnFYRE1OYTRBVWxyZlhrMlM5RlJ1ZDZmTkNnVg?oc=5) · FF News
- 2023-06-30 [Quoin Financial Bank to be acquired by Minnesota bank - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiigFBVV95cUxQa21Nak1OXzlhVmZac1AxblNETmRxNEpBTEJzWUdIZUQxaGlsQU9zZkV0RkFZSVBfUE4zY0JoUkFDb1BudTEwVVJNTHJOLVNXdzZLN0traXFzUVo5OVhIYjFBS1V6a0VINkhWeFJKT3VzeUpIa2pRZTJ3SUtzaGR0QWhWSFVjMDNaVVE?oc=5) · SiouxFalls.Business
- 2026-03-30 [Independent Bancshares Inc. taps Jack Henry for core banking upgrade - IBS Intelligence](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOeWtKcGZ2SHBrb3pJTE1sT0FVUmhwbVVFdUhGOTY2bzh1SGIzRlExVG92WDVJUk1nTzVuLWVGSlViY3ZUSXlrVUhrblRNNzJXQXZBaFpHeTBXSUFrc0VzSW05SlBhcER1S09uZDE5M2prOGpiS0RSNDY2cVBCSE5rckU3cTBYeEVDTkVZVU91cGxGUF9CVTcycG1vSjZlS19xVW9WNEFPcWN2dw?oc=5) · IBS Intelligence
- 2014-12-09 [First Savings Bank’s new home has room for growth - Argus Leader](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPX2NDMTN1TXlobWMtMGRLS0p2N2lkcVM0bnRLNG5fd1VFb1NrTmpMUDE2Tzd6elZ6STA4VTBLbjJ4cl9CY01hZDdvbWc0NGdWTjMxYV9NSzJBaGlrUjJCejd3Zk9SN3NjdklvWnc5eEd4WnBGQ0E2NmhtRmVuVll4QVZYdDZtWmdHdGpPR1lGR2twUGFXTVFrcXNiX0FWVlVEb295X3pwakVnN1Z3U3hpSC1yZ2E1enpO?oc=5) · Argus Leader
- 2021-03-02 [Lennox, Volga, Sioux Falls earn state amateur basketball titles - mitchellrepublic.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxPNFBidzRvZUc3WEI5NnhIclJUX0xEMnVRd3JGekM2bGRvVDl4NDNXaS1fbEdOV21mWGFiNUlUaUJpWkg1RHk4ckQ4TXkycExwYndYeUFrSk40NldGTW93VmhqQVREZ1FBM1RfellpVi1KMUxWcEplenhpQXljWDctNFBMc1EyeTRIRkdYWlhOazQ3OEdNMUZITGpEbk1lWmpJVXdz?oc=5) · mitchellrepublic.com
- 2025-12-02 [Movers & Shakers - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiWkFVX3lxTE90bE1fa1BwcFZNZXJOWDdyalJ0cTFvaVd0Y21TVnV3alNLRHR4TF9Ha2JkNC1fcDNVUTBuZGJCVlYyOFZCYnV6ejVfa3ZNLUFRM20wd0l5RVBNUQ?oc=5) · SiouxFalls.Business
- 2026-07-11 [Keith Garber Obituary (2026) - Pierre, SD - Feigum Funeral Home - Pierre - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOVXBNeWFGREgzeDlRZUZHUURyT1pyRkNRb2xQZzB3ck8ySWE0SU1CZXVwTzIyNkt0VWhHWElsWUFHVjJwQVpuVnRnUVJ0YXluQ0VIUERNQmJvSThacmJ2VEgwVm5aWkFzRG5hSmJJcHVxQkdwaWVtbHA5bkhNSG8xVQ?oc=5) · legacy.com
- 2018-08-07 [Sioux Falls Movers & Shakers: Aug. 15 - Argus Leader](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOaUZYYUZWY040QUZHQm54OWRROWswMGF4NHp0RUlZNTdKd2U5Wm9rNVBFM3BnUXp4eWRoX0lpc3lHQk15M0Q5MS1RSXJhQ1BSM08wdVFlc0xrV0lxQ3BLZ2pzd2RQU2hRNGxFT1ZVT29PVXRaR2dudzZNVjNVaEN0Z2U4S3NvM2dfTnZ3SXp1cXZjMXZaOXBWdjZOMHBkOGd3NE9xMl9aZTZEUlRIc2U5Y0ZLbFlPaXFKV2RjYUJGZFNNQQ?oc=5) · Argus Leader

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15629 (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 "15629", 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