# MAXWELL STATE BANK
MAXWELL, IA · FDIC certificate 15930 · asset band <$300M · 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 | $31.7M | |
| Deposits | $27.0M | |
| Loans and leases | $16.7M | |
| Total equity | $4.5M | |
| Loans / deposits | 60.91% (p31 of band) | 73.59% |
| Liquid assets / assets | 45.59% (p72 of band) | |
| Uninsured deposits / deposits | 22.93% (p62 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.45% (p79 of band) | 11.76% |
| Unrealized securities loss / equity | -0.40% (p84 of band) | -6.57% |
| AOCI / equity | 3.36% (p99 of band) | |
| ROA (annualized) | -4.91% (p1 of band) | 1.17% |
| Net interest margin | 3.46% (p27 of band) | 3.93% |
| Efficiency ratio | 188.73% (p99 of band) | |
| Noncurrent loans | 1.03% (p71 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 119.77% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $303,000 (1.82% of loans; DQ 4.29%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 14.6% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | deposits shrinking |  |
| 2017-12 | 0 |  | deposits shrinking |
| 2018-03 | 1 | deposits shrinking |  |
| 2018-06 | 0 |  | deposits shrinking |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2020-03 | 1 | NIM <2.5% | deposits shrinking, uninsured deposits leaving |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | losing money, expense ratio p90 | capital falling |
| 2021-06 | 2 |  | NIM <2.5% |
| 2021-09 | 3 | uninsured deposits leaving |  |
| 2021-12 | 3 | NIM <2.5% | uninsured deposits leaving |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 6 | capital falling, AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 5 | assets shrinking | NIM <2.5%, capital falling |
| 2023-03 | 4 | deposits shrinking | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 5 | securities losses >30% of equity |  |
| 2023-09 | 6 | uninsured deposits leaving |  |
| 2023-12 | 3 |  | assets shrinking, securities losses >30% of equity, uninsured deposits leaving |
| 2024-03 | 5 | NIM <2.5%, assets shrinking |  |
| 2024-06 | 3 |  | NIM <2.5%, assets shrinking |
| 2024-09 | 4 | capital falling, assets shrinking | deposits shrinking |
| 2024-12 | 5 | securities losses >30% of equity |  |
| 2025-03 | 2 |  | capital falling, assets shrinking, securities losses >30% of equity |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | charge-offs p90 |  |
| 2025-12 | 2 |  | charge-offs p90 |
| 2026-03 | 5 | capital falling, charge-offs p90, reserve under noncurrent |  |
| 2026-06 | 2 |  | capital falling, charge-offs p90, reserve under noncurrent |

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

- 2025-07-15 [Maxwell State Bank Appoints Brad Hanson as President and CEO to Lead Strategic Growth and Corporate Finance - PR Newswire](https://news.google.com/rss/articles/CBMi9gFBVV95cUxNSDNpX05lWnRfNFlZYUZnVS10UGw2eWxHcm5KV2xFNzlaSUV1Y2R5SGZ6bG1MQm04WE5fRkcyMmtXZG5Gcm5TQ0F1aFdIdzgyYUdOSWhudzctRHlWT3hlZkpVWkMtZjAwZ2w1eVlrTHlxSEc1eE8tN3FKZjZMY2ZKZ1dEb3YzMGl2UjVTSlRFOGRCYzUzUnVyM3laRnAwbFVZWXBLRmRqOVp3NGlYdmRPSHhPdWJfNzBScjJXV3FTbm1WbEFfZ1FvTG9IZWc0bVhKbFVSanY5elVES29WZy1UQV9vQjRLSHhPSHI5dFowU0NCQTVkZFE?oc=5) · PR Newswire
- 2021-09-07 [Baanx Acquires Stake In Major US Fintech Bank - Yahoo Finance](https://news.google.com/rss/articles/CBMigAFBVV95cUxNSjBXVTZ5Y1RUOTB3V29NRFRqYjhOd0piWUxEbzV0TzNzcHl0MVIwdlMtSHJoVkNqOHZRMHBhN251U2lGVjAwVzN3NDFvOG9wNHNiTktuaHlvb1M1UmR5OFZ0WElvbWpsbjFOZDhzYnY2aGo5STNmVjVWNThha3RiNw?oc=5) · Yahoo Finance
- 2021-07-30 [Arrest made in 2018 Iowa bank robbery - KCCI](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQVHljeERiZ1JSckNNMGNubkxmR3lCdjhNcUIzcUhOZlByV1c5QmxHR0tDM01GbDBKWHpRcGViX3NtUHhfZzR2TkY1TXlEZ2YtSHpwWUt6dWtMQW03MUtvV2RicDE3UWF2cDFfOGpOMURNMzlybG1nR0hLeENqaVhGWWo3ZHp2eEljVjd3?oc=5) · KCCI
- 2025-01-24 [5 severe enforcement actions handed out so far in 2023 - S&P Global](https://news.google.com/rss/articles/CBMi2AFBVV95cUxONlZGeUpNLUpodU9xQTlvX1c2OFZNQ2lHa21yMkhNR3lfQmVUNVFlZ2tvUGpLU1ZrZUo0OU5NeXF4aGQ4UzdxU1pGSDFRWnZTeE1NNEpncXM2alY2ekZXeXRJS3N3OWdaOVg0Z3dzazY2eGwzN0Q1SjFuXy1ZbGNoV0pQbDBPcDU2WTVxdkxmcVdzY25WZzlPTHg3dWttN1RiQWRvbzBxeDhsWGpWa0pYR3F3Z0F4WGwxM0xaNC14eHZLb0FpSzdCOTZTOFpQbjF6d1RITEdDUHA?oc=5) · S&amp;P Global
- 2018-04-10 [Two men rob bank in central Iowa - KCRG](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPcV9YWExFeTBteTcyVnVCWU9nRHI4NDAyZ2FLcmFHUmJZMUFFd2JJZ0VwOTM1S203RXhCN3Zsa2NjSjhPY0hndWh6V1Y4aUJsekYwRXZMSnRrV1hmOHhMM0RlZ055bVdUcEZwTk13cGlIX05iblBvbW5sWWhHQlF3N3ZGdkZmQV9N?oc=5) · KCRG
- 2023-09-02 [Don Philpott - hamiltonsfuneralhome.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTFBGZnZTMUtIWUlQU1M3WEJxSzhEOVZHZHpvajFUTjhIOVVuOTNQNVRjeUM0R0xCeVBxUnhmZkhKdkJBWTBueVV0R2ZZdWpsUDUyVFVmekxSSi1ucG93YWpGS1pR?oc=5) · hamiltonsfuneralhome.com
- 2013-08-01 [Maxwell chosen as Story County Freedom Rock location - The Ames Tribune](https://news.google.com/rss/articles/CBMinAFBVV95cUxOeGNLQ0tFTHNfa1dfcjhtb25RSzdrV28zVEFIcWFGTl82QWVKSXUxTnRtVEdZSjZ3OXc0VjM4RERCZl9wTnZoUkhHSWx6OV9QUWxWOW9zSk5xWmdHeEVJTGRWanBXLWI4YXFpWS1WcnpWMk1SRzNRTzJpQTRVOWpqeUlPT3lXMEhvVXV6aFdQT0FsNE10OC13T0hUZ3g?oc=5) · The Ames Tribune
- 2018-03-05 [Jacob Myers Obituary - Ames, IA - Dignity Memorial](https://news.google.com/rss/articles/CBMiekFVX3lxTE1hSUZHWG5MS3J6Q24xYUxSVEZwZUVEVnp2Zk91YmdCR2JzOEhDOXJkWG5PdVgycTFZSmFnVTZ3d3NzaG1HSnhVZ0VZUWZVcVkyQU9vWmFDZnVXakthUkp1QmZaRHF5T09vaENlWUtzeFJXejRvbHQ4LVJR?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15930 (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/58.json (key "15930", 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