# BORDER BANK
GREENBUSH, MN · FDIC certificate 15684 · asset band $300M-1B · latest filing 2020-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $660.0M | |
| Deposits | $567.4M | |
| Loans and leases | $508.0M | |
| Total equity | $64.6M | |
| Loans / deposits | 88.56% (p67 of band) | 81.65% |
| Liquid assets / assets | 18.89% (p27 of band) | |
| Uninsured deposits / deposits | 21.25% (p38 of band) | 23.92% |
| Brokered deposits | 6.28% | |
| Wholesale funding | 9.80% (p75 of band) | |
| FHLB advances / assets | 2.65% | |
| Tier 1 leverage | 9.00% (p28 of band) | 9.93% |
| Unrealized securities loss / equity | 4.81% (p68 of band) | 2.75% |
| AOCI / equity | 3.52% (p78 of band) | |
| ROA (annualized) | 0.98% (p43 of band) | 1.06% |
| Net interest margin | 3.52% (p49 of band) | 3.52% |
| Efficiency ratio | 72.06% (p74 of band) | |
| Noncurrent loans | 0.78% (p66 of band) | 0.50% |
| Net charge-offs (annualized) | 0.08% (p80 of band) | |
| Reserve coverage of noncurrent | 138.31% | |
| Real estate % of loans | 60% | |
| Construction % of loans | 8.49% (p16 of band) | |
| Auto loans | $8.6M (1.69% of loans; DQ 0.20%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 7.7% | |
| Employees | 144 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | losing money |  |
| 2011-09 | 1 |  | losing money |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | reserve under noncurrent |  |
| 2016-12 | 0 |  | reserve under noncurrent |
| 2017-03 | 2 | capital falling, reserve under noncurrent |  |
| 2017-06 | 0 |  | capital falling, reserve under noncurrent |
| 2017-09 | 1 | reserve under noncurrent |  |
| 2017-12 | 1 | capital falling | reserve under noncurrent |
| 2018-03 | 1 | charge-offs p90 | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 | wholesale funding >15% | charge-offs p90 |
| 2018-12 | 2 | brokered >10%, capital falling | wholesale funding >15% |
| 2019-03 | 1 |  | capital falling |
| 2019-06 | 1 | wholesale funding >15% | brokered >10% |
| 2019-09 | 2 | brokered >10% |  |
| 2019-12 | 1 |  | wholesale funding >15% |
| 2020-03 | 2 | charge-offs p90 |  |
| 2020-06 | 1 | uninsured deposits leaving | brokered >10%, charge-offs p90 |
| 2020-09 | 1 | capital falling | uninsured deposits leaving |

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

- 2026-02-16 [EU cross-border bank M&A reaches highest level since 2008; US regulators edge closer to revised ‘Basel Endgame’ rules - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE9lR2FZS19ndC1fTDdVV2k4VVJrQjlLWWE5WUxCbDJGMzdNZ1BKZEVwX2JHSVV1MmxnZlJBMWxLVVlnQmtXaGRYVF9IcG1XVEJNOG1KS3lET0lsZFYxXzdyalZ6eVN6RzA0RkxfSEZ6MlBaaUlzSENyNkpR?oc=5) · TheBanker.com
- 2025-04-02 [Minnesota’s Border Bank revamps tech infrastructure with Jack Henry - fintechfutures.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxQZ09TWFYzLWdUay1nM28xaFc0eS02SmZoNy1LallMdTcwNl9SU0E5V3VhSi13NEpOdUhmb1RFdmUwNG4zN1IxVUNqNzQ3VGhwOXp6eFJBTkQxbnhQdkhtd1N6N1JJN3RKUWc3aGhCTzNxWUhjQ2pSbm9kQWxhYUtuVGpwY0Z2UlZEWmFETVBJTWlHdzd5U0IxMmo4aUlJbk5jY0hSOTFyTjAyZDVpWm1JQ3Jtc0EzenRTbnV6VUJNaw?oc=5) · fintechfutures.com
- 2020-12-11 [Border Bank expands into North Dakota - Grand Forks Herald](https://news.google.com/rss/articles/CBMikAFBVV95cUxOT3ZwWFNyRWprVDZPNXotYXk3cHlXMC15ZjdrU1ItTDJCempsXzNIbzkta2ZuZzVvUHlzMVpkYXBPcGZyRHJ3b29KS2F1YlEybV9wMnB2VjlaTDBBbkJodnFPU2lOSVV6d1ZjdHdELWl2NXQ5b3p1eE9BMTB1RE1ST25FUWc1RDZuZXRIcG9DV0I?oc=5) · Grand Forks Herald
- 2021-09-24 [Border Bank to open second Fargo location inside former Bank of the West - InForum](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNOEdEdm5jVVVwNGdxTEtYNUdlY3FHdjBlUF9ZNU53UmtTa3RZakZib2dpSzhmc1ltMUYyOVlNdTRTbnZFbGJ3V2N1LWhwbDZQTkJFNG9MTkMtNzQtTGU3RWZOU1FudzdVbllRcTVrekhINEJWSi0ya2NicXdEeXZ3MW9GVkhtU3VtR3hfQ3Vfb0g2SjFYWXpSb1lDel9yd2RWckpGX1Nfc1ROdw?oc=5) · InForum
- 2023-11-16 [Coon Rapids couple says bank won't take jug of 30,000 pennies - CBS News](https://news.google.com/rss/articles/CBMioAFBVV95cUxOQVNrWmMyNzZQMVNXczd6dG8yN3VvNDQ2bUp3ZWk5ZDVjWGphSkpMWFpkZkN1ZXRXY2JzbEFBOHJTbHdCTl9QNDgxZVRLTkdURTdoTlE5VjYydm1HTjhlUW5aMElDdV9jUzhuci1mRVBoaDFocjVldnpzVWlONDNQSFpUSV90Z3Q0V0Z3LUF0cFV4M0gzRmsxNWh1NnFacl9U0gGmAUFVX3lxTE9LTHdwbGRWUTBfeHhwaGNWWlp6RENOa1JxUzV0R3hDVEczWkdCRS0yRFgxTWgwNTNISEZNZ0NjTXdZc0k2bUExdnN1Q244Zk5pNTZhU1ZySmg2VW1yb0pQdDd3Zzd1ZlYtdTVNMTB1Qngxd0pBamluTEk1MmZsOUp6eEZqQWFMejVoa1RNVXVBbVk0Yk41RmxKTElrVnBCZGlCeXNiM3c?oc=5) · CBS News
- 2024-10-01 [EU cross-border bank mergers ‘desirable’, says Lagarde; FDIC vice-chair: Basel Endgame draft still has problems - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE1oT3ByMk1KRVo0NFYyV01GZzJWU0RYcFd5N21WNzA1LXZ1U1pkTlRuNXJwSk92MWVfMV94MWR0ci1KOENPa3M5V0pPWUNtRmpvY1VnM3BzZW42b1pSWEo0NFpGdEJ6MFpDM2dGZFl0bUVpbFRmR2JVcGV3?oc=5) · TheBanker.com
- 2023-03-04 [Dan Doeden Joins Border Bank - InForum](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNV0VPNkZyT3hwUEt1V3B0M2ZSMjI4NGR0YTFCN3g4YWsxMzJrOW9zSE1PWEtSci15RnR6YjRpNWtra1Q4aDB0X2NFRGcxZGcxeGlmMDNUNmN5MTMwNlRBNVlmMkJXQnlIRnFwWHRrbmQtZ1NrU2l6X2tPY0xBMzUxdThxaEdUcVo4YndhdmVCWk5idGdhR2lRRkhOWHU5SWxkY0NQZlIyLWlZRjFwa0dPdzl5TGtoRF90TXVVaEl1dGFET2c?oc=5) · InForum
- 2024-09-05 [World Bank approves $68 mn cross-border bank lifeline for Pacific Islands - business-standard.com](https://news.google.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?oc=5) · business-standard.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15684 (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/4.json (key "15684", 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