# SHERWOOD STATE BANK
SHERWOOD, OH · FDIC certificate 16222 · asset band <$300M · latest filing 2026-06 · live

**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 | $107.5M | |
| Deposits | $89.8M | |
| Loans and leases | $80.4M | |
| Total equity | $12.7M | |
| Loans / deposits | 88.44% (p77 of band) | 73.59% |
| Liquid assets / assets | 18.20% (p18 of band) | |
| Uninsured deposits / deposits | 11.37% (p18 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.04% (p69 of band) | |
| FHLB advances / assets | 4.04% | |
| Tier 1 leverage | 12.32% (p56 of band) | 11.76% |
| Unrealized securities loss / equity | -5.84% (p54 of band) | -6.57% |
| AOCI / equity | -0.24% (p56 of band) | |
| ROA (annualized) | 0.78% (p29 of band) | 1.17% |
| Net interest margin | 4.61% (p80 of band) | 3.93% |
| Efficiency ratio | 78.74% (p76 of band) | |
| Noncurrent loans | 2.36% (p89 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p16 of band) | |
| Reserve coverage of noncurrent | 51.71% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 6.92% (p33 of band) | |
| Auto loans | $1.3M (1.65% of loans; DQ 1.73%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.0% | |
| Employees | 28 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, reserve under noncurrent |  |
| 2011-06 | 2 | charge-offs p90 | losing money |
| 2011-09 | 1 |  | charge-offs p90 |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 0 |  | reserve under noncurrent, capital falling |
| 2012-12 | 1 | reserve under noncurrent |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | reserve under noncurrent |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | charge-offs p90 |  |
| 2015-09 | 1 |  | charge-offs p90 |
| 2015-12 | 2 | noncurrent p90 |  |
| 2016-03 | 2 | uninsured deposits leaving | noncurrent p90 |
| 2016-06 | 1 |  | uninsured deposits leaving |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 4 | losing money, expense ratio p90, charge-offs p90 |  |
| 2017-06 | 2 | noncurrent p90 | losing money, expense ratio p90, charge-offs p90 |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | noncurrent p90 |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | capital falling |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | capital falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | noncurrent p90 |  |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 3 | uninsured deposits leaving | capital falling |
| 2023-12 | 1 |  | noncurrent p90, uninsured deposits leaving |
| 2024-03 | 1 |  |  |
| 2024-06 | 3 | capital falling, noncurrent p90 |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 2 |  | capital falling |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 3 | capital falling, uninsured deposits leaving | noncurrent p90 |
| 2026-03 | 2 | noncurrent p90 | capital falling, uninsured deposits leaving |
| 2026-06 | 1 |  | noncurrent p90 |

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

- 2025-10-22 [Mark C. Moats Obituary Oct 22, 2025 - Schaffer Funeral Home, Inc.](https://news.google.com/rss/articles/CBMiXEFVX3lxTE03anJFVy00cDJfQWE5bWcwc0JZSkx5MUd1ZmVFOThLYTNLOWpqVzNvY1VRQURXb094b2s1NG5lMlA4TEs5eWxFQVBvRjR2Q2NOd1otWTVsaVVDTUl1?oc=5) · Schaffer Funeral Home, Inc.
- 2026-01-16 [Small Town Spotlight: Sherwood, Ohio - WTVG](https://news.google.com/rss/articles/CBMid0FVX3lxTFAzRGg0S1A5QnhNZ0pDalFMZ3pBQkQ4eHY0MmNVRmlSN1I3WWpidUpNOU5vMTg0eDNJQW9JRkg5dzVMWnNqM2o3Mm5vQXRSMXlrb1ZoM1BtUnVBTVd6cEpoVFJyOTVFLUZodDBQc2ZrbU9ocWVKaWdR0gGLAUFVX3lxTFA4bUhQVTdXYzNzaUtKdWRpeFFXcDZyV25VdGFtNXY1a0lZb1JrNHJxaGh3M3gtVkVXU1JqemxtZkx3a0l3OU81MWRlWFZJb192YWVHSXRNZkxUYXdCR2xyWXZtcDFuQmF2SVNDUUdha2ZERzlQZDc0YWhIVTRsZ0JISEJTbUU2cTBWUzg?oc=5) · WTVG
- 2024-09-09 [Local 4-Her donates $10,000 from sale of market goose to Marshall's Mountain - The Crescent-News](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQRFp2T0JYSEE0emFkbm9MV1FaaEFWalZQeGlkQzZOenhMTG9GMW01MzVrNFRWOGVsNHFCYWI0X2JXQjFrckpaWjlRNnpLNkZxdnhVX2VIbnNYZm9kS0EtRUVhdzlWbnJyMDJQb3VVaXZpUmp4NEpkWGdzSXlJTlBleWk2YThOY0lmbFhHdG4xZUpORW9wR0ppbVV4MGZBN3dXWjFFRENvVVZFYnhSbDQxcmEyOU5RX1hFMEE5U2VudUdjN0RqQnZqTURRcmJpVERsMzBpUnBhTkdXS1VOVlpDTVlkLTVMR2pPTEFtRTZQMGlDbmIwWWFxRnNKMElTMG8?oc=5) · The Crescent-News
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2024-06-15 [Delta Chamber Of Commerce Holds 8th Annual Golf Outing - The Village Reporter](https://news.google.com/rss/articles/CBMijwFBVV95cUxNTHR4Rnd4RlFiZFhWSVctQkhhSXJaS2RYUFphSlpzYkNPMFVCNFNYb3kwOVFZTFBrdzZwMzZ6TzVFWUlVV0JPS2c5Z2lwTDF2aGRmTFVmdUJCWGs2NVRFTHJrbDgtVE9IWlRtRE9yeEZ6dV8zd2lkSkU2NHd6YkVNS3g2QUNBNXFWSC1GZDZ4aw?oc=5) · The Village Reporter
- 2022-10-19 [James “Jim” Croy (1964-2022) - The Village Reporter](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBuZnJGN2FCUGZ2aEduZkgzRGJhaHlEUmpFMGZYMGR4T1NjSUZ2b2dQcUEwSHhhNFoxVmpXZ0g1dEk1bG53Qkw1SkNVUDZhVmxxbUdJUUVRa01YRzE1Mi1nMnBEb25LS0k?oc=5) · The Village Reporter
- 2022-02-10 [Penner touting his conservative politics - The Crescent-News](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNaThUMFpCbUNqWnFER2E0Z2ZIZl9PZHB4X2VHMDRPM1F4Ykh6dDQ0bkV3anlKSGgzYUt6TDhvYjZPY1E3Nl9QU3ZfX2xBYW1jT0ZjalZnZU5TREYzU21ncmxyZnB2dXlLcEEtNjhKRVctdGxNTmNYTGpyRVBGZk1oeXk4VmMwT1ItMVhQNlEyRlZXRGd3eVVORTVXNl9VcGxDTjJCeVdERk1PSXA2bTRsMTUtU0xPYVF3am56eDdvaHVOQ1k5VjQtSXA3UHphZV9oMUE?oc=5) · The Crescent-News
- 2023-10-12 [FAYETTE VILLAGE COUNCIL: Katie Colegrove Appointed To Vacant Council Seat - The Village Reporter](https://news.google.com/rss/articles/CBMipwFBVV95cUxOWDFBalRxOS1PenI3SWxiUXhFdy11WEhRNTVkLVNiamxzVlJyTkk2blY0QnloV3d5MUVBeDg5MXlQY2Q4OTM4anNXQ1lqQVVIR2F2bVd3NHBCVjk2dnQ4SndqYnE0b1VyUlBaVm45NzA5SWVuVGE5cV9vQW8wMG9vX2NJNkFjbWphaDRwWG5kenJjLTJuay1LdGRjYnZHWUs2alNOMjdVWQ?oc=5) · The Village Reporter

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16222 (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/30.json (key "16222", 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