# LINN COUNTY STATE BANK
COGGON, IA · FDIC certificate 16311 · asset band <$300M · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $36.7M | |
| Deposits | $25.5M | |
| Loans and leases | $24.2M | |
| Total equity | $4.9M | |
| Loans / deposits | 93.55% (p86 of band) | 72.92% |
| Liquid assets / assets | 22.20% (p27 of band) | |
| Uninsured deposits / deposits | 5.56% (p13 of band) | 13.88% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 16.59% (p93 of band) | |
| FHLB advances / assets | 16.59% | |
| Tier 1 leverage | 9.42% (p26 of band) | 10.70% |
| Unrealized securities loss / equity | 1.84% (p59 of band) | 1.19% |
| AOCI / equity | 1.19% (p73 of band) | |
| ROA (annualized) | 1.09% (p67 of band) | 0.83% |
| Net interest margin | 4.27% (p83 of band) | 3.64% |
| Efficiency ratio | 71.16% (p46 of band) | |
| Noncurrent loans | 0.86% (p56 of band) | 0.70% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 145.67% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 9.61% (p39 of band) | |
| Auto loans | $475,000 (1.96% of loans; DQ 0.42%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 3 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | charge-offs p90, uninsured deposits leaving | noncurrent p90 |
| 2012-06 | 0 |  | capital falling, reserve under noncurrent, charge-offs p90, uninsured deposits leaving |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 3 | capital falling, uninsured deposits leaving |  |
| 2013-03 | 2 |  | uninsured deposits leaving |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2014-06 | 2 |  | reserve under noncurrent |
| 2014-09 | 4 | capital falling, reserve under noncurrent |  |
| 2014-12 | 5 | uninsured deposits leaving |  |
| 2015-03 | 4 | charge-offs p90 | reserve under noncurrent, uninsured deposits leaving |
| 2015-06 | 5 | reserve under noncurrent |  |
| 2015-09 | 3 |  | charge-offs p90, reserve under noncurrent |
| 2015-12 | 2 | reserve under noncurrent | loans exceed deposits, capital falling |
| 2016-03 | 1 |  | reserve under noncurrent |

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

- 2015-11-10 [Community Financial Corp. in bid to acquire Linn County State Bank - Corridor Business Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxPTEF2OFg2Z0QxU2VKMHhMR2QySkJGN0w2MXh6ZzRxblJIZHRGYzBudDlSU1FDNlI5U0xZbUt3RV9EbTZYX0ZuYmd6OVpqVFJ6TTBjZWlpTms4eGEycmZsd29ENzZoSjlxRzJGOFlTVG9pcVMzZ0MyU0ZfYkYxOVg1WHpOcmZjeXlURlhGOEFwZ0tHa2t1Y25mYVNNUQ?oc=5) · Corridor Business Journal
- 2016-01-11 [Linn County State Bank sold - thegazette.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxNOVF0X3VQbXdNVWxzdF9GRDVPT0lNNWVqaDR6eE03VTZIcnJ0QzI5eHRoTDBsR0FjOUo5Sm1OMkZfYjRvSE9iOWVHSnVpNTIzREJfdW02ODVjd3JXRFlCdWJkV1h6LW1Od2hPZDQyVTJZLUhVYnlNRFB0SXNrVUNhRW5aQlNiZVFsOTJ4Zk82UmxEZDJ2Mm1IS0hkLVBzZDMyWmNKbzRLUlhPLWd0dExEeUYzQQ?oc=5) · thegazette.com
- 2020-06-01 [Darlene L. Henderson Obituary Jun 1, 2020 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMic0FVX3lxTFA4U1dtMGdSZkNWMFU3dlB1Zk1ndTk5RUVNWThuNzBmUURoYUhfTkhXR1BSczZzRUljWGd3dWZEeUhYSk9sYWxoZHY0ekJFR0xVSHBac3JpbFdLNFYtQlp4YTFMaFJGYUFvaGtTeWJaaHhnd1k?oc=5) · Murdoch Funeral Homes &amp; Cremation Service
- 2017-04-14 [Laurel Lea Lewis Obituary Apr 14, 2017 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTFBpWmhEclhFUWYyMVFkUmN4UFZuVC1ldlBvM0Rza1hQbEIyOVhXd3NXQlMxRkdvaDdMMlQzRHpHaHZvaXFmTElDLURGVGhSa0xOX2NOSHJ0OUVrOUF4X0RZSFJlOGFjUDYyYlE?oc=5) · Murdoch Funeral Homes &amp; Cremation Service
- 2024-10-05 [Viola June Emerson Obituary Oct 5, 2024 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMibkFVX3lxTE1oXzh1MmdIZTJTeHJoNlBZRlNHRm9fQUFnMGlKVkY4bDJId2xtZVRpb28wU0ZoY3BoMjVJb3gyYlR3VUJSeWZ0dF9wZVp1Wl9PVS1rYjlOeDZuanRsX3N3RVNac0p3Z3VUbldDLTdn?oc=5) · Murdoch Funeral Homes &amp; Cremation Service
- 2024-03-27 [Robert "Bob" John Henderson Obituary Mar 27, 2024 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMid0FVX3lxTE04dDdUOGkzZUhBLV9DV2J5YS1mOTNMR0o1WWg1RXkwYmo2cndMU1lQcE5IY05JWGhfMHk4eEJPZjlNa0pJOTlHdTlpOXF4akg0cHB6WXJrWlBjNnVNLVpuSXN3bWhLb1FSUFZ2QWhlNVJSWGRFQi1n?oc=5) · Murdoch Funeral Homes &amp; Cremation Service
- 2015-05-01 [Serge Sisler Ii Obituary May 1, 2015 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTE5TOFZNYmxCX09WSE1HNHU4cGxsTzRzbjRaRGpSQzU3S2g3YkFDYTBDUnpieFE2UzE2SVNtdVdFbTFPWTUycE10UzBZSVBRLVpmbU9ua2gxY0hDTXVyWl9EMU56MHFIemVCM1E?oc=5) · Murdoch Funeral Homes &amp; Cremation Service
- 2003-08-16 [Harold Floyd Edmonds Obituary Aug 16, 2003 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMidEFVX3lxTE81eF91NHIxWTF3RExDV2NJZVJuMDM3dWFCaHBveWVWdFJvcUJFT2dCTGFtaUN6bEpuLWdJLXYzN2l6U1NBYVdqQ25EV284ZjVEd0RLQXBoQXZPRWNiOEItTGxkc3g2SzdULXlVWmg1V0JCM1VT?oc=5) · Murdoch Funeral Homes &amp; Cremation Service

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16311 (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/55.json (key "16311", 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