# FIRST STATE BANK OF WYOMING
WYOMING, MN · FDIC certificate 1609 · asset band <$300M · latest filing 2026-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $238.3M | |
| Deposits | $202.0M | |
| Loans and leases | $64.2M | |
| Total equity | $32.9M | |
| Loans / deposits | 31.22% (p8 of band) | 72.28% |
| Liquid assets / assets | 69.17% (p93 of band) | |
| Uninsured deposits / deposits | 12.74% (p24 of band) | 19.31% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 15.60% (p81 of band) | 11.62% |
| Unrealized securities loss / equity | -23.16% (p21 of band) | -7.15% |
| AOCI / equity | -3.69% (p6 of band) | |
| ROA (annualized) | -0.20% (p6 of band) | 1.12% |
| Net interest margin | 2.75% (p8 of band) | 3.86% |
| Efficiency ratio | 107.97% (p95 of band) | |
| Noncurrent loans | 0.36% (p51 of band) | 0.34% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 484.48% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 6.04% (p31 of band) | |
| Auto loans | $1.2M (1.87% of loans; DQ 1.41%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.8% | |
| Employees | 26 | |

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2026-04-09 [First State Bank in Wyoming sold to First Resource Bank - hometownsource.com](https://news.google.com/rss/articles/CBMi8AFBVV95cUxNOHV1ZXVwcEVndWpQWDQ2cTdIVnpuYnlROFhQMzFEZm12UEVfREJLVVFBVTYxV1RFcGVFNmxRUEoxZFZTektMSXZqTVFkOU5kdlhjSE1mUjhnenFIVWhsU3Y0WDJYMWFkaS1wWktZbUhVc2txemVqX0ZhNjlINnNUNW9JbWgwWlZtNS11Ynp1aklXZlJ3ZHZaV3BmVUpLbnoyT1lqbVM4ZVhJTHd2aldOemJTWVVaNGxNZVFlSEx0QmpPdVd1MGpSb3lkU3d2WVpid2xYczkwMTUtemFsamlfaHZzQVplQkRvMGhXQlc0TFI?oc=5) · hometownsource.com
- 2026-01-21 [First Resource Bank to acquire First State Bank of Wyoming, pushing assets past $1 billion - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOQ010Q1J4UTRBLWdrQlBvMVRRNlFBU2xqUzIydW41bGdBa19HT2xacE4tV1NtSmE0VDlGOTJ3QU1mVWR5RGs1RXQteTVaWldLWGxrcWNUSGRydERvUXI0eWZEUlFnRkVEZzZDLUF5cmNtTlZELVNXaGFiY29oRTQ0RXBLdmZmOUdjdHR1dzVKMW9GSFJmZnp4MlBnUC1ZZ25lSkpQQnhPYjNkUQ?oc=5) · The Business Journals
- 2026-05-19 [First Resource Bank to open 4,000-square-foot office in downtown Wayzata - The Business Journals](https://news.google.com/rss/articles/CBMimgFBVV95cUxPZU9zZEQwMjl5UWNfelA1blFvMDFOVjU3alFqNGswQ21jTFhLUDFCaFh1LU8xSUM4X3BESTVuWlF3ZjRQS3cySWhBMHM5UWhCWm5BTmpBYXVmTFRuNWgyS2pIOFZ2VU9RZTRoUXVJSE44UmZlUi1QYzRJd2xyVHBrdThIMUJQb181UWFRb0QxZjZnanZMVHhPdFZ3?oc=5) · The Business Journals
- 2026-05-23 [Myron A. Zaruba Obituary May 23, 2026 - Mattson Funeral Home & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTFB1S1RkTjhEQWI2bUpMT3MwQzZTaEZUX0JTVEs3TUVCdHBtQ1J5WUtQVWg2QnhDUFFUUEhGekJNc0NiUWFCbDBfamlNVWJmdDUtVjc0TzdRT0YycHNoYktjb1Zka1EyNmo4Mnc?oc=5) · Mattson Funeral Home &amp; Cremation Service
- 2013-09-11 [Suspected female bank robber arrested - kare11.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPVVVZN3ZtQkRncGczb2EzazItTG01SG9seGNLRDhfZmdmbFNwNFF2ZUFHVGlkOWpvd0V6UFozZ0dLaE9JR0dPUi1ZSVZrRGhaNkVnX05IRTlZRWtGdTR4djNmSTlXeHBfWXBPcnI5djNLb3IyUFlkZ1FxakNxcUMyLXBHU19DeTBqd2xTSWJmU3l5ZzBzejFn?oc=5) · kare11.com
- 2014-04-09 [PROGRESS EDITION: Century of banking will be noted in June - hometownsource.com](https://news.google.com/rss/articles/CBMi-wFBVV95cUxQSXY1TTBhNVozdjQ0RjBhWFhpQ19UeC0wdkpDMTZEMTJfS1Y1bGMxU21tZWdudmhwbXRoR3o4X29VeTFwNHpmNVlOV3R2NExGMGJqd0ZOVzRYbVFjOUZESWRVazVRRTB5YVpkWkhwZjNVN2tBRlg4TUNfbVFwUDNXNmVubjBvWW1lNDV5VlZDLXBNSDVmZF9hNnNXZFRpdFBvVkxkV3JUR3lRLWQ0SjFCSUZELWRLMm9fUHViWE83RVBtMVFCT1pXR0dpUExCZzdrYV9mRldTZGVTNjFHR0puTHpwam5Nc3NBd2ZKdmhXSlFiY2Vsd1RPUmh4UQ?oc=5) · hometownsource.com
- 2006-04-02 [Pam Hassler Obituary Apr 2, 2006 - Mattson Funeral Home & Cremation Service](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5mRC13RlJQS3VPMDdsU0RGS0ZmU3VDQkRzbC1aV3llaVlRYVFPbGpwU0s4WWZoNkFnV1BKQXRaVkpNNm9hX1BZQzR0RUUxYlBrbzhlc0hVODQ5TnB0eWZiMmhydFZmMUE3?oc=5) · Mattson Funeral Home &amp; Cremation Service
- 2026-02-17 [Eagle Rock Bank, Riverland Bank merge to create $500M institution - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxPX2xIN2xJWUhTMjJsMUxpNGljeW5nZy1rOHktbHhxa1h1YmNuZGZGQ2RQc0NuU2lFREtOLWpHNlhKTHFfTG93QXV4aFg2MzFRQThBT1cxV3l3ZXNEVWFZWkJlRldtUzAyVGM0Q2NZbTZJQnJOa0RHc2txMjRldjNHQW1PZmFsRm04Q2c2bXN2RHM4ZFBEcUtEZXdIbkc?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1609 (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/9.json (key "1609", 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