# STATE BANK OF FARIBAULT
FARIBAULT, MN · FDIC certificate 1610 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $329.2M | |
| Deposits | $301.4M | |
| Loans and leases | $179.4M | |
| Total equity | $23.9M | |
| Loans / deposits | 58.35% (p11 of band) | 82.04% |
| Liquid assets / assets | 39.77% (p82 of band) | |
| Uninsured deposits / deposits | 28.73% (p61 of band) | 25.97% |
| Brokered deposits | 2.13% | |
| Wholesale funding | 2.14% (p42 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.31% (p19 of band) | 10.81% |
| Unrealized securities loss / equity | -20.17% (p23 of band) | -8.10% |
| AOCI / equity | 2.37% (p98 of band) | |
| ROA (annualized) | 1.14% (p41 of band) | 1.28% |
| Net interest margin | 4.12% (p61 of band) | 3.91% |
| Efficiency ratio | 70.93% (p75 of band) | |
| Noncurrent loans | 0.13% (p26 of band) | 0.43% |
| Net charge-offs (annualized) | -0.03% (p3 of band) | |
| Reserve coverage of noncurrent | 1485.96% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 36.95% (p44 of band) | |
| Auto loans | $3.5M (1.94% of loans; DQ 1.90%, NCO 0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.8% | |
| Employees | 45 | |

## Flags firing in the latest filing

- none

## 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 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 1 | uninsured deposits leaving | capital falling |
| 2013-06 | 0 |  | uninsured deposits leaving |
| 2013-09 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2013-12 | 2 |  | uninsured deposits leaving |
| 2014-03 | 1 | capital falling | deposits shrinking, assets shrinking |
| 2014-06 | 2 | uninsured deposits leaving |  |
| 2014-09 | 1 |  | uninsured deposits leaving |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | capital falling |
| 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 | 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 | 1 | uninsured deposits leaving |  |
| 2019-12 | 0 |  | uninsured deposits leaving |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | charge-offs p90 | AOCI drag >20% of equity |
| 2023-06 | 1 |  | charge-offs p90 |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 0 |  | securities losses >30% of equity, capital falling |
| 2024-12 | 1 | securities losses >30% of equity |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | securities losses >30% of equity |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2021-07-04 [State Bank of Faribault celebrates 100 years - southernminn.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQblczQ2ZtNjdqQmNqMnhoejV0UG9YVnZSUEwwczRGSVhKcmhEQ3d0NGNJbzNvekVZd3BJb2ZhcC03NTZXMmVMQjJkeHJVeGgtRmhacldUbzFJZmZyYUZ1a2lRTEFEX0lDcGFJLTFYc1ZoVnhfak94bmotNXNfdnlCdlJyTTBwQ2wtYlZNbFNWa3VBS1laTzZfbnc4OG5KS1cza1hCSEtBUGozSFAzVm9jVEVsNGkzaVZMSEVTTGZMUU9LV2tBOXZja0N6UWFSeXNiZHhZbEcwY0h6NHdvOW8zN2JyWXhOMmJQ?oc=5) · southernminn.com
- 2025-06-09 [We were excited to learn that the Faribault Police Department won this year's Faribault Public Safety Challenge as part of Big Brothers Big Sisters’ Bowl for Kids’ Sake. Bowl for Kids' Sake is a fun and easy way to support the mission of Big Brothers Big Sisters - facebook.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNTU5WRWRSeENEb0lGTnRycG9iTUlER2xhcF9vYXpSQkh3NzhrWUZaSUZnN3YwbWVCei13Wm92djlSSTdTZ0tUMnVidHdwYWViUk1taUVYUEpMSjlKaUd3OTJYWkptTHRnVWdBUS1ZekoxeVBIb28yaGY1WHdDVWk4emloVDhDdDFiZmUtMUtydTlrTUw5WjNXal9iczVpd2M4MVBvOHo1TjVwNWowQno1M2M3a3oxR1VhQWpEYk9oeTVqRzRVSk5JdFA5Ml9teDRZY25ZMVQ2RlA2bjBtUGg3MGxESFZvdXY5dkMw?oc=5) · facebook.com
- 2024-01-18 [Loretta K. Dwyer Obituary Jan 18, 2024 - Parker Kohl Funeral Home & Crematory](https://news.google.com/rss/articles/CBMib0FVX3lxTE40VlBVMVZmMVlmUVIyYUx3RWNxYmdJdDN6SDJ1bXVGU2NXQ2xkVk5LM0duTzIwUEtXVHJqVWNkRnJIc2JsTnRBM1lpQjlIcGs4M0NHUGwzM3hOdTV2Wlk3QkNYUzBIV2RKdzNuQVFQMA?oc=5) · Parker Kohl Funeral Home & Crematory
- 2025-06-16 [Community Contributions Boost Viaduct Park Development In Faribault - KDHL Radio](https://news.google.com/rss/articles/CBMif0FVX3lxTE9qNUpRVThTMUR5M0ZnQ3lkSnBGbHIxYXpub1JFajVXd2hOWHhmMjRyRzVBLURzV3VKUkxsX25HYlZPdXl0ZE1rZ1NqR3pJQUUtNXhYOG5GVnFNYlVvR3dwc3VBNWNMaFZ6RlRsOWV5TFUySGRURGk1c2xsbmZSalk?oc=5) · KDHL Radio
- 2024-02-02 [State Bank has new board member | Thermodynamics - southernminn.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxPUGgtMHd0VEdWa3VJaTRkY2tOUEpsMWpBVzNEaFR3SHcwanducGNNRmJ5b2p6Y0pLMHBrbEgyNHoyeFVyTk5nSkNGNGM2b2FSbHJ4NENORG5uSnVjbFlIY0ZpVndUOVQ3UTBBS043Zmt4dG40bElfTkFoQUxyNnd1MDhyUWo2ZmF5bWhOampqWlhfWG9SZnlCVXRoSlNERGx5cHd0aWk0VDdKOW9ZblhlNHRoVkl4QWZDLTdyUGRNMU1uQmhCMEdELXE3dDZQVlU?oc=5) · southernminn.com
- 2015-08-28 [Patricia M Raskob Jandro Obituary Aug 28, 2015 - Dennis Steffel Omtvedt Funeral and Cremation Service](https://news.google.com/rss/articles/CBMib0FVX3lxTE9vOEh6SXdsQ1AxMmhIOTFoWENEV0dZU0F4NUtGTUZ2UVBzYzZLSFVKYUJhdFJWaWR4NlQ5WEwxWW5YeV92ZEM3RlcxcUZyVkplYkVRXzFQTEt4VHJnN29BTndRQWlDdXZ3T2ZzenVkNA?oc=5) · Dennis Steffel Omtvedt Funeral and Cremation Service
- 2020-10-03 [Fourth generation of Carlanders joins State Bank of Faribault - southernminn.com](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQYldYeTBCbkgwSHlOdXczczBTaHNZc1ZMRkVWU1hXRWw3LUd2aDlJS2VULWxuV3lhQzQ0MmI0UmpNd21UdTVMaWpnaURORUpVVXkzaHZ6XzZUX1JlUmRxNnNDdEd0R1BySUVMNjVVdW5RZnN6QkJVYTRDbHlydHVCa1J3VktpNDM2ZzFfYjRsY1h0NmE4R21oRmZiWDI1S2VlSjh3VElqWHJUazZhZ1VVTEprU2VFemFJMDA2SWs2OU9meUdQX3JUZXo1Q1FkVGpGS0ZJbm9wUDNaSzF3X0oyemkyT19hcXdwa29FRmRwMGh0eHAxeC1fSjlIZzJ4SDA?oc=5) · southernminn.com
- 2016-02-02 [State Bank of Faribault announces Douglas C. Zahn to board of directors - southernminn.com](https://news.google.com/rss/articles/CBMiiwJBVV95cUxQenhTRTJKWVNRWXZSUXpQcHY2Q0h2RmZLUHMyaXF5NGEzNVBlbWNRQWoydE53Mm1NNGV1SXpYMXBiMzI5bGNfWUF5anFrV3lKdjlXM1pETFBMd1lHX0Z1a3VBR0IzcmxNR3Nnd0UyaS1BMUd2NEEwdUN6cmlzRjhwWmtFOU13cUtSZ0ZNZ0hXdUV3VE5FU3lZYkFVTEMwOVpOc1JXTUQ0Nkd0Q1VxX2VOQmY3ZFJYTkhmZUdxWmdsXzRSR3p1WF83UXFESzZ5Z204YlI3cmJLaFI3S1J4Wlc5bmpzVXdzb3ZNbVQwYVRNdG9QMVJZa016bE45TVdtYUpJWnVJUnNEVk01QkE?oc=5) · southernminn.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1610 (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/10.json (key "1610", 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