# STATE BANK OF TAUNTON
TAUNTON, MN · FDIC certificate 16906 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 6 (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 | $46.6M | |
| Deposits | $37.1M | |
| Loans and leases | $26.5M | |
| Total equity | $4.9M | |
| Loans / deposits | 70.35% (p45 of band) | 73.59% |
| Liquid assets / assets | 40.84% (p64 of band) | |
| Uninsured deposits / deposits | 4.12% (p2 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 9.45% (p84 of band) | |
| FHLB advances / assets | 9.45% | |
| Tier 1 leverage | 13.39% (p66 of band) | 11.76% |
| Unrealized securities loss / equity | -30.78% (p13 of band) | -6.57% |
| AOCI / equity | -0.08% (p65 of band) | |
| ROA (annualized) | 0.74% (p27 of band) | 1.17% |
| Net interest margin | 4.06% (p57 of band) | 3.93% |
| Efficiency ratio | 82.15% (p81 of band) | |
| Noncurrent loans | 4.06% (p95 of band) | 0.36% |
| Net charge-offs (annualized) | 0.90% (p99 of band) | |
| Reserve coverage of noncurrent | 37.11% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 90.51% (p92 of band) | |
| Auto loans | $60,000 (0.23% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.2% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 | capital falling | reserve under noncurrent |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | uninsured deposits leaving |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 3 | leverage <7%, losing money |  |
| 2013-03 | 4 | capital falling, charge-offs p90, reserve under noncurrent | uninsured deposits leaving, losing money |
| 2013-06 | 3 | noncurrent p90 | leverage <7%, capital falling |
| 2013-09 | 5 | leverage <7%, losing money |  |
| 2013-12 | 5 |  |  |
| 2014-03 | 8 | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving | noncurrent p90 |
| 2014-06 | 5 |  | reserve under noncurrent, leverage <7%, expense ratio p90 |
| 2014-09 | 5 |  |  |
| 2014-12 | 4 |  | uninsured deposits leaving |
| 2015-03 | 4 | reserve under noncurrent | losing money |
| 2015-06 | 5 | capital falling, losing money | reserve under noncurrent |
| 2015-09 | 4 | construction >100% equity | capital falling, losing money |
| 2015-12 | 4 | reserve under noncurrent | construction >100% equity |
| 2016-03 | 5 | noncurrent p90, uninsured deposits leaving | charge-offs p90 |
| 2016-06 | 6 | expense ratio p90 |  |
| 2016-09 | 4 |  | reserve under noncurrent, noncurrent p90 |
| 2016-12 | 3 |  | uninsured deposits leaving |
| 2017-03 | 4 | construction >100% equity |  |
| 2017-06 | 1 |  | deposits shrinking, assets shrinking, construction >100% equity |
| 2017-09 | 2 | reserve under noncurrent, construction >100% equity | expense ratio p90 |
| 2017-12 | 2 |  |  |
| 2018-03 | 7 | losing money, expense ratio p90, charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2018-06 | 5 |  | charge-offs p90, uninsured deposits leaving |
| 2018-09 | 4 |  | assets shrinking |
| 2018-12 | 2 |  | losing money, deposits shrinking |
| 2019-03 | 0 |  | construction >100% equity, expense ratio p90 |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | uninsured deposits leaving |  |
| 2019-12 | 2 | construction >100% equity |  |
| 2020-03 | 1 |  | construction >100% equity |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 1 | construction >100% equity | uninsured deposits leaving, capital falling |
| 2020-12 | 0 |  | construction >100% equity |
| 2021-03 | 1 | construction >100% equity |  |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity |  |
| 2022-06 | 3 | securities losses >30% of equity |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | assets shrinking | AOCI drag >20% of equity |
| 2023-06 | 7 | noncurrent p90, reserve under noncurrent, deposits shrinking, uninsured deposits leaving |  |
| 2023-09 | 7 |  |  |
| 2023-12 | 5 |  | noncurrent p90, reserve under noncurrent |
| 2024-03 | 4 | expense ratio p90 | assets shrinking, uninsured deposits leaving |
| 2024-06 | 4 |  |  |
| 2024-09 | 2 |  | deposits shrinking, expense ratio p90 |
| 2024-12 | 2 |  |  |
| 2025-03 | 4 | charge-offs p90, deposits shrinking |  |
| 2025-06 | 3 |  | deposits shrinking |
| 2025-09 | 5 | reserve under noncurrent, deposits shrinking, assets shrinking | construction >100% equity |
| 2025-12 | 3 | losing money | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2026-03 | 6 | noncurrent p90, reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90, losing money |
| 2026-06 | 6 | charge-offs p90 | assets shrinking |

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

- 2022-03-18 [From Taunton to Marshall - - Marshall Independent](https://news.google.com/rss/articles/CBMijgFBVV95cUxNaWszcjRicEV4MEtiUGVnX3VVOXBCTmg5aVZFUDZfWGtsRElMRWNta296NzNMcVdOM25KQnV5OWxqaVNtanZvbER2cmtqZ3AyTFJUOWdDZGoxaXU0ZUxFVm1Rc3czVjFhTWRXdGVISVllb0ZzUV9FZG1sdS16VmdSRFBwTi1JeEhVQlJUYXB3?oc=5) · Marshall Independent
- 2017-07-11 [Marie Therese Stoks Obituary Jul 11, 2017 - Horvath Funeral Service](https://news.google.com/rss/articles/CBMibEFVX3lxTE43VDNVSnFmV0hac0thalRyNktZWlRvSWRpR2E0cHpLT2ZlWUlrNXN3Y21nYUNvTkVzeGh6dzFlWkpVM1FwVXFEMzNtWkpzM0FGU1laQTZGVnJoc1FTdUp2RHZfeFJncWVuMzQ0aQ?oc=5) · Horvath Funeral Service
- 2015-12-20 [John R. Canton Obituary Dec 20, 2015 - Altogether Funeral](https://news.google.com/rss/articles/CBMirAFBVV95cUxNaTF3RWRwMGQxMF9wVk5icktZb1RiT216X3dkUW96TzYxVmdSSWRjN1I5NTAyUFgwTXJrM0ZqMmVKZEZlWU16TjdZaUk3ZTNhcno2MkplVHMySVMtS3k4S0lQc1lFMEpNWU4yYXBGRGY5akZkMEZBelUxc0o2V0xvQzNfMlgyVkJBbGdmd2JyWVB3cjRYX20tVGhaQ3I1cUEwd2t5VjNWcDVDcDhs?oc=5) · Altogether Funeral
- 2022-06-13 [Obituary for Robert "Bob" James Barton - Carlsen Funeral Home and Crematory](https://news.google.com/rss/articles/CBMibkFVX3lxTE16Z2xTekpzb3BaeXFYd19nYi0yNExoczI5dEVRNkRWNXF0OWZHRVlMREk3Smo3MFhZREpIVS1BX0JIVl82akN4Sk1Ielc0UHlIT2RDQ05PVmdBUWo4OFV6NmpLZUZTTGx2OWV6R2J3?oc=5) · Carlsen Funeral Home and Crematory
- 2022-01-20 [Knute Anderson Obituary Oct 15, 2012 - Horvath Funeral Service](https://news.google.com/rss/articles/CBMicEFVX3lxTFBsT2Q5V1J0SHB1MFNFRE9PMHItSEd6U2NOZHhkNDBQX1VhWXZTb0lUeWV6SmMxZGJuRmw3VUNlS3E5OGlHWG5hZlUzTjdYTHVLRnZDWllobzIzOTlJdksxSTJBSzhyZTJMa2U4emJuYnk?oc=5) · Horvath Funeral Service

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16906 (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 "16906", 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