# PEOPLES STATE BANK
CHERRYVALE, KS · FDIC certificate 16744 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $23.5M | |
| Deposits | $17.4M | |
| Loans and leases | $20.7M | |
| Total equity | $4.7M | |
| Loans / deposits | 117.67% (p98 of band) | 73.59% |
| Liquid assets / assets | 8.99% (p2 of band) | |
| Uninsured deposits / deposits | 16.52% (p37 of band) | 19.81% |
| Brokered deposits | 15.27% | |
| Wholesale funding | 20.38% (p95 of band) | |
| FHLB advances / assets | 5.11% | |
| Tier 1 leverage | 19.83% (p89 of band) | 11.76% |
| Unrealized securities loss / equity | 0.00% (p95 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 2.87% (p95 of band) | 1.17% |
| Net interest margin | 5.59% (p97 of band) | 3.93% |
| Efficiency ratio | 49.35% (p12 of band) | |
| Noncurrent loans | 0.33% (p49 of band) | 0.36% |
| Net charge-offs (annualized) | -0.06% (p4 of band) | |
| Reserve coverage of noncurrent | 301.45% | |
| Real estate % of loans | 43% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $818,000 (3.95% of loans; DQ 2.69%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 17.8% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | loans exceed deposits |  |
| 2011-06 | 2 | reserve under noncurrent |  |
| 2011-09 | 3 | liquid assets <10% |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 2 |  | reserve under noncurrent |
| 2012-06 | 2 |  |  |
| 2012-09 | 3 | reserve under noncurrent |  |
| 2012-12 | 5 | capital falling, assets shrinking |  |
| 2013-03 | 3 |  | capital falling, assets shrinking |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 | assets shrinking | liquid assets <10% |
| 2013-12 | 3 | liquid assets <10% | assets shrinking |
| 2014-03 | 2 |  | liquid assets <10% |
| 2014-06 | 4 | noncurrent p90, charge-offs p90 |  |
| 2014-09 | 2 |  | noncurrent p90, charge-offs p90 |
| 2014-12 | 3 | noncurrent p90 |  |
| 2015-03 | 4 | brokered >10%, charge-offs p90 | noncurrent p90 |
| 2015-06 | 3 |  | loans exceed deposits |
| 2015-09 | 4 | loans exceed deposits, capital falling | brokered >10% |
| 2015-12 | 4 | wholesale funding >15% | capital falling |
| 2016-03 | 3 |  | wholesale funding >15% |
| 2016-06 | 7 | liquid assets <10%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-09 | 4 | noncurrent p90 | charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-12 | 4 |  |  |
| 2017-03 | 6 | charge-offs p90, assets shrinking |  |
| 2017-06 | 5 |  | liquid assets <10% |
| 2017-09 | 6 | deposits shrinking |  |
| 2017-12 | 6 | liquid assets <10% | assets shrinking |
| 2018-03 | 6 | capital falling | charge-offs p90 |
| 2018-06 | 5 | charge-offs p90 | deposits shrinking, capital falling |
| 2018-09 | 4 |  | charge-offs p90 |
| 2018-12 | 7 | capital falling, charge-offs p90, assets shrinking |  |
| 2019-03 | 4 |  | capital falling, charge-offs p90, assets shrinking |
| 2019-06 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2019-09 | 2 |  |  |
| 2019-12 | 5 | loans exceed deposits, liquid assets <10%, uninsured deposits leaving |  |
| 2020-03 | 4 |  | liquid assets <10% |
| 2020-06 | 5 | charge-offs p90, deposits shrinking | noncurrent p90 |
| 2020-09 | 5 | capital falling, noncurrent p90 | uninsured deposits leaving, deposits shrinking |
| 2020-12 | 6 | uninsured deposits leaving |  |
| 2021-03 | 3 |  | charge-offs p90, capital falling, uninsured deposits leaving |
| 2021-06 | 3 | uninsured deposits leaving | noncurrent p90 |
| 2021-09 | 3 | capital falling | uninsured deposits leaving |
| 2021-12 | 3 | liquid assets <10% | capital falling |
| 2022-03 | 3 | deposits shrinking | liquid assets <10% |
| 2022-06 | 3 | capital falling, noncurrent p90 | loans exceed deposits, deposits shrinking |
| 2022-09 | 2 | loans exceed deposits | capital falling, noncurrent p90 |
| 2022-12 | 3 | noncurrent p90 |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 4 |  | assets shrinking, uninsured deposits leaving |
| 2023-12 | 4 | liquid assets <10%, capital falling | noncurrent p90, deposits shrinking |
| 2024-03 | 2 |  | reserve under noncurrent, liquid assets <10% |
| 2024-06 | 3 | liquid assets <10% |  |
| 2024-09 | 1 |  | capital falling, liquid assets <10% |
| 2024-12 | 3 | liquid assets <10%, reserve under noncurrent |  |
| 2025-03 | 1 |  | liquid assets <10%, reserve under noncurrent |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | liquid assets <10% |  |
| 2025-12 | 4 | brokered >10%, wholesale funding >15% |  |
| 2026-03 | 5 | capital falling |  |
| 2026-06 | 4 |  | capital falling |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2023-04-24 [Peoples State Bank rebrands as Outdoor Bank to drive home its niche focus - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPYVhleDN3MTJJLUlDZDFIaC02SmItbXVJZ0NjOFJSYUdXY3dFRTFfSXpFWmJ6WGdUUWttQjM0TTFaVFd4b2U5NlhBemtYYnBUUkh2SHpKb28yU3c3T292dEMyNk9FMS1xWks5NE9CTE52X2c5b3oySEdlTHRaNUJDcDBBcW0xSjdDZTBHTHJOcmduZGloeGl5VUtQMWhNZzl0TVV2b08zQVBVV1VQYUE?oc=5) · The Business Journals
- 2023-03-07 [Peoples Bank and Trust Pledges $500,000 To Major McPherson College Building Project - McPherson College](https://news.google.com/rss/articles/CBMitwFBVV95cUxPV2NIWnE3LWYzZXFsYXdQRUpvRGFvdmdTTDBGUk8xNjU4NDFXZFZaZjdnRmVoQ3liR3JETXNUZmpDa2I2bUhXR28yWHp4UEdhM2FaajZLMnhEWlJkZDFBWF9fYjl5cm5CTkxrTHA4cU1rSWR4eHhsM21ibDhuMlQwVmp0MUJDcTlBNklZTmlnVzF6WW9SYkMzNUVoMGg0MFJYbGRIei1lYXBMSEY4TnZkMi0tVjJ1dVE?oc=5) · McPherson College
- 2024-05-14 [The Pataskala Banking Company acquired by New Lexington-based Peoples State Bank - The Newark Advocate](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOekhtWEkyODZrc2s0M3haTll0aUFETzRUU2hTeDhFc2JVLTdOMlJ3QVJrTlRyOGZ5ZHJFYlhJMnB0TW5ud3ZIVFNtSTZHZFg4dlRCaXFCTGVLZXo5M3lWOVNybTA2cG9CdS1XbkRyTGdHSlRuUkl5RXFXY0RLOWxVakhVRFI2c3N0bml3Wjh2ZGVMWDUxbWt5d1l1RHJHZTVkMUd4UWdRZzVIREEzSXY2N0JCVnZRcHBIb3pSZUlSczB4aGZnOHk0V1FoVC1WSExPSjkzMVcyWnRfQQ?oc=5) · The Newark Advocate
- 2023-04-20 [Peoples State Bank rebrands as Outdoor Bank - hayspost.com](https://news.google.com/rss/articles/CBMicEFVX3lxTFA1b3VIZjlZWWc1dUNFTVJJRVNqZ3hKcUtjcnY5N0hsMUdxNVRkRWVNMElxYU1XN29YNEJWZTBvWXk3azRDb3FZNHhZT3lrcHBSVjhmM3ppWmItVUVPOWpCSjZ1WW1MdXg3R2l4ZHpTY3o?oc=5) · hayspost.com
- 2026-05-27 [Bank First eyes Waukesha County market with $202.9M acquisition pending - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxQbG1oRy1ibEpVVGxmbFk0cU4xU3NZM0t6TWV3eTdYYk9kZ2VsejNydTRYYUVTN0JWbE42WnhNcWFUejgwaTlPU21SaC1LbXd6Y192RnFHVWRkV1BWWXI2SzZ2YjBka1Zha29mU2ZMc3ltMGdmV0RDVlV0X2M1N085RFNhZlVVZmktSjdRcC1CTnU3eFQ3d242a05ob1lvM1Zz?oc=5) · The Business Journals
- 2024-09-28 [Peoples Bank acquires KANZA Bank - Hutch Post](https://news.google.com/rss/articles/CBMickFVX3lxTE5lWk5fQ0JMWWk3dVFHZ0tsdWlQQ1pnUHluZm80TzNpTHlUeHUyVTNVYXBxcHVJVk1jZDFnQ09PeVBPOVJVRUp6ZXBxMTBlMi1ELUxqNHFoSDUxVTlPZTZlR1A5TXZvcl9JTFo4bWw1YURhZw?oc=5) · Hutch Post
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - androidpolice.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · androidpolice.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16744 (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/40.json (key "16744", 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