# FIRST BANK OF MULESHOE
MULESHOE, TX · FDIC certificate 17474 · asset band <$300M · latest filing 2020-12 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $107.0M | |
| Deposits | $92.1M | |
| Loans and leases | $12.7M | |
| Total equity | $14.5M | |
| Loans / deposits | 13.33% (p3 of band) | 68.14% |
| Liquid assets / assets | 87.35% (p98 of band) | |
| Uninsured deposits / deposits | 26.23% (p77 of band) | 17.85% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p22 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.23% (p76 of band) | 10.68% |
| Unrealized securities loss / equity | 0.65% (p28 of band) | 2.41% |
| AOCI / equity | -1.89% (p1 of band) | |
| ROA (annualized) | 0.49% (p23 of band) | 0.92% |
| Net interest margin | 1.85% (p4 of band) | 3.52% |
| Efficiency ratio | 107.59% (p96 of band) | |
| Noncurrent loans | 0.00% (p9 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 45% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $651,000 (5.12% of loans; DQ 4.15%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 21.7% | |
| Employees | 24 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | uninsured deposits leaving |  |
| 2013-03 | 1 | capital falling | uninsured deposits leaving |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 2 | NIM <2.5% |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | capital falling, uninsured deposits leaving | NIM <2.5% |
| 2016-06 | 1 | NIM <2.5% | capital falling, uninsured deposits leaving |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | deposits shrinking, assets shrinking |  |
| 2017-06 | 1 |  | deposits shrinking, assets shrinking |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | deposits shrinking, assets shrinking | NIM <2.5% |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 0 |  | deposits shrinking, assets shrinking |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | deposits shrinking |  |
| 2019-09 | 3 | assets shrinking, uninsured deposits leaving |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 1 | NIM <2.5% | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2020-09 | 1 |  |  |
| 2020-12 | 3 | capital falling, expense ratio p90 |  |

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

- 2020-10-31 [Happy State Bank acquires Muleshoe Bankcshares - The Business Press](https://news.google.com/rss/articles/CBMid0FVX3lxTE01VnhIRng0VWNkdW02Z2QtUmEyWHFGMGlaMmduQzU3Sk5DSmFFeXFQZjBQWUVaNTN2VGd6TW4tV2lqdTlreWstTUtPU1RidlNyYUs0WXNWV3ppMDBoOE45MXVDSTJ5TU9CZzRuU1ZLZ3FWbUhlWUVB?oc=5) · The Business Press
- 2016-12-18 [Hell or High Water : A Fun, Dumb Movie - National Review](https://news.google.com/rss/articles/CBMimgFBVV95cUxPRnhCTHpCYUFvbUhBYWJZS283QzNESjBLbzd5cXBVX1d3ZGRqOWtoQ05qdE9DenkwX25GbEU4ckhfWVhsLWZZRmhfR2lhbHRmYXdWSEpQNUZUU0oyNFAwUnVqcHdnTzNDTHBzZTFaQ3k1QzkwaElVUkhaNUNDX2l0ZlJ6TFl0TExsSTQ3VEZRbm9lSDVJMHRKM2NB?oc=5) · National Review
- 2016-06-13 [Paul Poyner Obituary (2016) - Muleshoe, TX - Lubbock Avalanche-Journal - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxOYUtzWDZXcHktZGh2cXdOODBVaUdwa0Rxak0xajhLRElvMlB4ZS1SenFrWmQtczc3TWtnVVNZcElaMW56ak5kMm5XcGoxWUxKZ2w0bWdoS1RMQmdOcHRSLWRJNHRDSURlY0N2M1BaUnZrcTV0aWk3cWtLNEhobDNvUTJ4YUg4SnUtQXM5cWlCVGk5UQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17474 (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/2.json (key "17474", 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