# FIRST STATE BANK
MENDOTA, IL · FDIC certificate 15752 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $1.56B | |
| Deposits | $1.30B | |
| Loans and leases | $1.29B | |
| Total equity | $172.1M | |
| Loans / deposits | 98.06% (p81 of band) | 87.10% |
| Liquid assets / assets | 13.37% (p15 of band) | |
| Uninsured deposits / deposits | 26.79% (p36 of band) | 30.76% |
| Brokered deposits | 0.64% | |
| Wholesale funding | 4.96% (p46 of band) | |
| FHLB advances / assets | 2.94% | |
| Tier 1 leverage | 10.93% (p59 of band) | 10.50% |
| Unrealized securities loss / equity | -5.43% (p61 of band) | -7.75% |
| AOCI / equity | -0.34% (p48 of band) | |
| ROA (annualized) | 1.16% (p42 of band) | 1.26% |
| Net interest margin | 3.78% (p54 of band) | 3.70% |
| Efficiency ratio | 63.43% (p65 of band) | |
| Noncurrent loans | 0.47% (p47 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 245.75% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 21.40% (p19 of band) | |
| Auto loans | $1.7M (0.13% of loans; DQ 0.89%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 279 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | leverage <7%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 1 |  | leverage <7% |
| 2011-12 | 2 | wholesale funding >15% |  |
| 2012-03 | 1 |  | wholesale funding >15% |
| 2012-06 | 1 |  |  |
| 2012-09 | 4 | loans exceed deposits, wholesale funding >15%, charge-offs p90 |  |
| 2012-12 | 4 | brokered >10%, capital falling | loans exceed deposits, charge-offs p90 |
| 2013-03 | 2 |  | wholesale funding >15%, capital falling |
| 2013-06 | 2 |  |  |
| 2013-09 | 4 | capital falling, expense ratio p90 |  |
| 2013-12 | 2 |  | brokered >10%, capital falling |
| 2014-03 | 3 | losing money |  |
| 2014-06 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money |
| 2014-09 | 5 |  |  |
| 2014-12 | 4 |  | deposits shrinking |
| 2015-03 | 1 |  | expense ratio p90, assets shrinking, uninsured deposits leaving |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | capital falling |  |
| 2016-06 | 0 |  | reserve under noncurrent, capital falling |
| 2016-09 | 1 | wholesale funding >15% |  |
| 2016-12 | 0 |  | wholesale funding >15% |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 2 | capital falling, expense ratio p90 |  |
| 2017-12 | 1 |  | capital falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | expense ratio p90 |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | loans exceed deposits |  |
| 2019-03 | 1 | capital falling | loans exceed deposits |
| 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 | 4 | loans exceed deposits, wholesale funding >15%, expense ratio p90, deposits shrinking |  |
| 2023-03 | 2 | capital falling | loans exceed deposits, wholesale funding >15%, deposits shrinking |
| 2023-06 | 0 |  | expense ratio p90, capital falling |
| 2023-09 | 1 | loans exceed deposits |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | loans exceed deposits |
| 2024-06 | 1 | loans exceed deposits |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | loans exceed deposits |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | loans exceed deposits |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | loans exceed deposits |
| 2026-06 | 0 |  |  |

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

- 2026-08-11 [Illinois’ HBT to buy in-state Tri-County Financial for $204.6M - Banking Dive](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPcGU1TWVsWXNOZEx1bGVvMGo1Z1NOaktDX2dnSXhDQlNsS1lqb05KMHZ6SktmbDBhR1NnRUt0clVsMEZTRFBjSUtuOUdsQ1p4VEYwT2J5RjY4ODRObU5zTDNKUDgzTlF2X0ZTbjdxQjdOUktvWnVUWUltenVkSHhvcDNDaWpTZzFMZUhfN21RMmR0cEV2aDRmb1pnTTNmSEV5RHp2Z1RhcG4?oc=5) · Banking Dive
- 2026-08-10 [Heartland Bank to acquire, merge with Tri-County Financial Group in $200M transaction - Shaw Local](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPdFpJUEhRdDVVLXAwSU9vcGlKdW9FVU82aUUzaEFVQXBIRzE0blV2ZncyZXY3TTZ6U0tGRmRFZGZySkNuQnNDZHJmQUcyamJNMWRmakRxaDJfZ05PbjZnZU0yQUpYZ0xOLWg1c09WY1FCbnhBT1F6V0I2Qnl4eFluWUVFNE5Ma0ljeXJPRDVjUlJMLWlLSG9vY3VtSjdwSnRfVkhPRXlTZXZZeGVYTjRhWWlyZDlYYjNlcnJqUUYtQUt5MGlINmUyNnFMaFlINUZ6UHFV?oc=5) · Shaw Local
- 2026-03-09 [First National Bank to Acquire First State Bank of Fountain and Root River State Bank - Fillmore County Journal](https://news.google.com/rss/articles/CBMivAFBVV95cUxPWEJfbFhOemgyV1FNU25XUk9VbDNVWEM2WkN0Z016c1lXLU1kN1kxVTJiUkVWUXR1UW5IRk1rWmJLa29aOG9FeWdoZUloNlNJNEh0UEUzX2pDS19CaEM0Vzd1VFVXbWxfbWh0N2ZNWFVjVjV3RjlucDNJR0w3RGJmZXowem1URE03YU5WNVBYSTZwYXltNnhOeUhUNDZoeWo3Ml9JU1lqcy1NQ0o3Sk45QmRNdTI1WW1TY0RrRw?oc=5) · Fillmore County Journal
- 2026-08-21 [HBT Financial To Acquire Tri-County Financial For $204.6 Million, Creating $8.3 Billion-Asset Bank - Pulse 2.0](https://news.google.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?oc=5) · Pulse 2.0
- 2026-03-29 [Lansing History: Before it was Vierk’s, it was Lansing’s first state bank - The Lansing Journal](https://news.google.com/rss/articles/CBMisAFBVV95cUxNdTU2U2tTQ2Q1dlBlbnFvdjJpei1aeXZ4UDNLZzJOVUIzc2N1OE9oZUdoOTlNaTBvUWxLZ0M1QXNPRHlwZmExOUx5X3VDd3BVRC04YzRVVUpOeE92SWNmbGxZd0xaQVZhTkltdlJ2WEtucWRKc2JibUlKN1dYNF92UFZDT2VoUTRBaFlzR00yUWVTVkQtN0licUM1SXhaTE1vYjFqTjgtNTVndFU1VE9zUw?oc=5) · The Lansing Journal
- 2026-05-31 [State Bank Of Cherry Acquiring First State Bank Of Van Orin - starvedrock.media](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQUE8wWVpYX3ktSDEwaU1Ba2JNdEN5Y19oV05CUUVhYm9oa3V5VGUzQzRuckZjbWdLTW5OelJCbjgyNklNZVUtaEc5NHZxUVc4QV91Nmw1Zk5oVjNMTVlMRkowNklqQU13ZjBHaXBtWEctYmxLNzN5T0xCSzFoeXNwc0RhTkpqU3pkYWF0OU5hOVlrNW5WamNsRFJZRlpQX1NYNVctNGd6cVlKbXFJMEhyVW9qb1RkWHkzNXM2eTRKd2h3UVdvcVRVZ003dEZJVWlYM0dCMGZiYTBYWUo5?oc=5) · starvedrock.media
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-08-12 [Bank with St. Louis area presence targets northern Illinois in $204.6M deal - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQejZpa2lTSXNkUmpJTWhqNHpsd1R0YzJjbUZ2ZWlYY2RpSkxCQ3NzWVZHZHVwbU5GcEp4UG5NTFZlelpta0l2ajRhdHpyUEliSjFIRzBkREtDeUNTakdMa1ZSZ2Z4VUVPRzBtbHlaOHYwVThKUERpbmU2NHZnV3FBRkhfakpzazR4U3Q3S044RGxrU0FkczZpUE1ieklDUUFxWDJFZktMQ2NXQQ?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15752 (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/8.json (key "15752", 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