# 1ST FINANCIAL BANK USA
DAKOTA DUNES, SD · FDIC certificate 1673 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $1.40B | |
| Deposits | $1.09B | |
| Loans and leases | $987.1M | |
| Total equity | $227.9M | |
| Loans / deposits | 88.70% (p54 of band) | 87.10% |
| Liquid assets / assets | 19.46% (p43 of band) | |
| Uninsured deposits / deposits | 2.05% (p1 of band) | 30.76% |
| Brokered deposits | 59.45% | |
| Wholesale funding | 62.65% (p99 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.34% (p95 of band) | 10.50% |
| Unrealized securities loss / equity | -0.49% (p93 of band) | -7.75% |
| AOCI / equity | -0.41% (p41 of band) | |
| ROA (annualized) | 0.98% (p30 of band) | 1.26% |
| Net interest margin | 9.28% (p99 of band) | 3.70% |
| Efficiency ratio | 72.58% (p83 of band) | |
| Noncurrent loans | 1.51% (p85 of band) | 0.51% |
| Net charge-offs (annualized) | 1.64% (p98 of band) | |
| Reserve coverage of noncurrent | 116.83% | |
| Real estate % of loans | 28% | |
| Construction % of loans | 69.98% (p72 of band) | |
| Auto loans | $1.7M (0.18% of loans; DQ 0.97%, NCO 0.00%) | |
| Loans to nondepository financials | $750,000 (0% of equity) (p73 of band) | |
| Deposits YoY | 9.9% | |
| Employees | 312 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, expense ratio p90 |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 2 |  | expense ratio p90 |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 3 | expense ratio p90 |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 | capital falling | expense ratio p90 |
| 2013-03 | 4 | charge-offs p90 |  |
| 2013-06 | 3 |  | capital falling |
| 2013-09 | 3 |  |  |
| 2013-12 | 4 | capital falling |  |
| 2014-03 | 3 |  | capital falling |
| 2014-06 | 3 |  |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 4 | noncurrent p90 |  |
| 2015-06 | 3 |  | noncurrent p90 |
| 2015-09 | 5 | noncurrent p90, uninsured deposits leaving |  |
| 2015-12 | 4 |  | uninsured deposits leaving |
| 2016-03 | 5 | assets shrinking |  |
| 2016-06 | 7 | loans exceed deposits, deposits shrinking |  |
| 2016-09 | 7 |  |  |
| 2016-12 | 6 |  | assets shrinking |
| 2017-03 | 4 |  | loans exceed deposits, deposits shrinking |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | loans exceed deposits |  |
| 2018-03 | 6 | deposits shrinking |  |
| 2018-06 | 6 |  |  |
| 2018-09 | 6 |  |  |
| 2018-12 | 5 |  | deposits shrinking |
| 2019-03 | 5 |  |  |
| 2019-06 | 5 |  |  |
| 2019-09 | 5 |  |  |
| 2019-12 | 5 |  |  |
| 2020-03 | 5 |  |  |
| 2020-06 | 6 | deposits shrinking |  |
| 2020-09 | 6 |  |  |
| 2020-12 | 7 | expense ratio p90 |  |
| 2021-03 | 8 | assets shrinking |  |
| 2021-06 | 6 | reserve under noncurrent | noncurrent p90, deposits shrinking, assets shrinking |
| 2021-09 | 6 | capital falling | reserve under noncurrent |
| 2021-12 | 6 |  |  |
| 2022-03 | 4 |  | loans exceed deposits, expense ratio p90 |
| 2022-06 | 6 | loans exceed deposits, noncurrent p90 |  |
| 2022-09 | 6 |  |  |
| 2022-12 | 7 | uninsured deposits leaving |  |
| 2023-03 | 6 |  | capital falling |
| 2023-06 | 6 |  |  |
| 2023-09 | 5 |  | loans exceed deposits |
| 2023-12 | 5 | loans exceed deposits | uninsured deposits leaving |
| 2024-03 | 3 |  | noncurrent p90, loans exceed deposits |
| 2024-06 | 4 | uninsured deposits leaving |  |
| 2024-09 | 6 | capital falling, noncurrent p90 |  |
| 2024-12 | 5 |  | noncurrent p90 |
| 2025-03 | 4 |  | capital falling |
| 2025-06 | 4 |  |  |
| 2025-09 | 3 |  | uninsured deposits leaving |
| 2025-12 | 4 | capital falling |  |
| 2026-03 | 3 |  | capital falling |
| 2026-06 | 3 |  |  |

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

- 2021-05-04 [Premier Financial Services, LLC Acquired by 1st Financial Bank USA - PR Newswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxOdDYzVnFCOEhraDYyMDhWSWFYWmlDTU9ZMVVDOUtyV0wyVEZFSjQweVJUbEVvSS0zMHZuOHlzSXBIQmNFdVhwNWdqS2RqS1Vhc1R1ME56RmM5YzBQTV9pNFJpODE1T2VSdXZaZVVadGU0MEZ2ZUstWmVnRHVYUzVud0ZWUFoxOTgzcHhWSGlzckR2R0QzbXk0aVc0MDR6azRUaUVZNnpLM05MbzRVQ3kzamFsOHdobjVJS1YyYm5B?oc=5) · PR Newswire
- 2023-10-30 [Motorlease Strategically Positions Itself for the Future - Automotive Fleet](https://news.google.com/rss/articles/CBMimgFBVV95cUxPZFJackE1SUE4UUhUQmtGU214UEJ0TjVLN0dsaUF0alZfVG9Nb3Q0OWlEMExjdVdlemtJX3BFZzQwRGM2QnNXcXA0VjZMX1FwSVJUQnNqQWdrc2lWdXFtcWJoOXI1OGJQNERISW42RDRDbDJtODdQaHpwTzBZQnNSUXVZUmt4X0FYOWxJQ2d1ek1GbDJpUHdZenJB?oc=5) · Automotive Fleet
- 2020-01-08 [George Seeberger – 1st Financial Bank - Vanguard Law Magazine](https://news.google.com/rss/articles/CBMihwFBVV95cUxNNi1WcnBpRjltSzdLZXBmQ3JJMXNueVJ0aWNKZkJndEJOcl9MVE91dEdXNmxYNUozRFUtM2VkbTdacUhCMTcxNm8tQ0tzdmRITGppMk54SGJsQjE1OEt3aWdfQVFuV0dOYUJvamNhNnNWNHFCYnFhMWJ2S0NmR05ONXJLREJFNlk?oc=5) · Vanguard Law Magazine
- 2022-10-14 [Bank Steps Back On Newtown Hall Acquisition After EverWonder Outcry - The Newtown Bee](https://news.google.com/rss/articles/CBMipwFBVV95cUxNVjN5dUczbFlnVlk4RklWbDFMWnIxWTZoNjdha0RMR1lDbHozY1ZXNGNKdklveHRDbmRqTTFZVmRSRDJGTGYxVGxtOHJMeDVZaHMydlV2U3FFS1R0QWM0cjJnTk9sVThtcXphd2NWYUQzN25fbzBQZVNzNndBQmQ0cE5VU0NHQlVKeXJFQVN1Znc0em91U1BxMzJfVHU5TTgwTVBKeDJ4TQ?oc=5) · The Newtown Bee
- 2025-04-08 [America’s Best Regional Banks and Credit Unions 2025 - Newsweek Rankings](https://news.google.com/rss/articles/CBMigwFBVV95cUxOcGx5cWRnX3M1WmFBczB1UkNfTG5UT0x0WVp0ZWc3UHdqRVoxSEtvQVdxdC1DLWM4eVduOFhqWnFKbGV4MjZlVjRZZlJlZVRFaGxNZDE4dVZJVkFNQ3NseFFhS2pveDlIMmhMTnNUZFpEdUNaRVJJQnpTRnhaS0d3U05oSQ?oc=5) · Newsweek Rankings
- 2017-11-01 [Young leader and volunteer wins AICPA’s Outstanding Young CPA Award - Journal of Accountancy](https://news.google.com/rss/articles/CBMikAFBVV95cUxOTDhwem9vME0zV1VEdmc1T2RYOFFFZDRndWdEcFk3a0Q2NzdSYnhhdTR5LXVIWWllY19YQTN2QldxYjVnMjFJU3NPdDBqUTNONHlIcTFVX0ctUFZlXzVKTy04dXhONC1zWVR2dDhWOVZCdWxsVjhVTjE3OXU1XzdPSWt2WjEtVVZoQ2FEOUVoYV8?oc=5) · Journal of Accountancy
- 2015-08-05 [Cindy R. Hanson Obituary Aug 5, 2015 - Meyer Brothers Funeral Homes](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5aZHpIQ3VORnk0SDFQUy04ZE5fU3Q4Z1FyUTJVOFVIUmVQZldlNW90aWxMUXBkX1VBeTEtWVZJUEhtVHdRMW90V0NGQ000TWp0cGNuM3pxTWZUeW1DdzNtMVRQRHN1OGc?oc=5) · Meyer Brothers Funeral Homes
- 2025-01-08 [Couple with another home in Palm Beach sells house across town for a recorded $13.95M - Palm Beach Daily News](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQNG8xbEtyZ0NNa01KcGNac3l0QWtBNUNUMWFnamVxRWhONV9Ba3JBRFgxcnJoam04QjJjdEJWZDFhdHliZVoxakNPRHhHZmNtelR1a05DZUI0ZERoTUY1V180VGVYTXNLMnp4WHRzR1hWSmVwN1JPNmlCZF9od05WVkNVR1UtczNKZUxGOXl0cktjcUdpZ2NGT0pqZm9udzNnOXRvaGZURDFKYUs2MWZOTmoxOGJfY0RPMzFWUU1QX2hHdktvQ3BDa2Zab3ltWEs1QzlxbW9WeWNTM1A4MDU3ZHN1dk5rdE1HV0JHNUJmb3Bmd0w1QkxVaw?oc=5) · Palm Beach Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1673 (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 "1673", 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