# STERLING STATE BANK
AUSTIN, MN · FDIC certificate 17863 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $461.9M | |
| Deposits | $359.5M | |
| Loans and leases | $308.5M | |
| Total equity | $31.8M | |
| Loans / deposits | 84.81% (p58 of band) | 82.04% |
| Liquid assets / assets | 30.40% (p65 of band) | |
| Uninsured deposits / deposits | 46.18% (p93 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 13.13% (p84 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.54% (p7 of band) | 10.81% |
| Unrealized securities loss / equity | -26.13% (p15 of band) | -8.10% |
| AOCI / equity | -1.80% (p9 of band) | |
| ROA (annualized) | 0.98% (p31 of band) | 1.28% |
| Net interest margin | 3.54% (p30 of band) | 3.91% |
| Efficiency ratio | 74.23% (p81 of band) | |
| Noncurrent loans | 0.47% (p53 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 251.08% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 31.33% (p38 of band) | |
| Auto loans | $119,000 (0.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.4% | |
| Employees | 59 | |

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 3 | capital falling, expense ratio p90 |  |
| 2011-12 | 2 |  | capital falling |
| 2012-03 | 4 | wholesale funding >15%, deposits shrinking, uninsured deposits leaving | expense ratio p90 |
| 2012-06 | 4 |  |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 4 | expense ratio p90 | reserve under noncurrent |
| 2013-03 | 1 |  | deposits shrinking, uninsured deposits leaving, expense ratio p90 |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | AOCI drag >20% of equity |  |
| 2013-12 | 3 | securities losses >30% of equity |  |
| 2014-03 | 1 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | deposits shrinking |  |
| 2015-03 | 1 |  | deposits shrinking |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 2 | expense ratio p90 | capital falling |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | capital falling |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | capital falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 1 |  | expense ratio p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | expense ratio p90 |  |
| 2019-03 | 3 | deposits shrinking |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | deposits shrinking |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 1 |  | expense ratio p90 |
| 2020-09 | 2 | expense ratio p90 |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 | capital falling | wholesale funding >15%, expense ratio p90 |
| 2021-06 | 2 | wholesale funding >15% |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 4 | expense ratio p90 |  |
| 2022-12 | 7 | leverage <7%, capital falling, construction >100% equity |  |
| 2023-03 | 6 | NIM <2.5%, deposits shrinking | AOCI drag >20% of equity, capital falling, construction >100% equity |
| 2023-06 | 5 |  | leverage <7% |
| 2023-09 | 7 | leverage <7%, construction >100% equity |  |
| 2023-12 | 8 | capital falling |  |
| 2024-03 | 7 |  | deposits shrinking |
| 2024-06 | 5 |  | leverage <7%, capital falling |
| 2024-09 | 5 | leverage <7% | construction >100% equity |
| 2024-12 | 8 | capital falling, deposits shrinking, assets shrinking |  |
| 2025-03 | 2 |  | expense ratio p90, NIM <2.5%, leverage <7%, capital falling, deposits shrinking, assets shrinking |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | expense ratio p90, assets shrinking | securities losses >30% of equity |
| 2025-12 | 1 |  | expense ratio p90, assets shrinking |
| 2026-03 | 1 | assets shrinking | wholesale funding >15% |
| 2026-06 | 1 |  |  |

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

- 2015-12-16 [Minnesota bank robber runs by Rochester TV reporter during live report - CBS News](https://news.google.com/rss/articles/CBMikAFBVV95cUxQYmZhZkVhZ3RmNENPUnN4NGMzS2x0QkFUNmh6bmhqU2dSa2k2WFVFbUtTSVFhRmVYYlRWeVlPMHlVVXppeDI4X2NSMnFpRkI4NUxVVjViTDJkbllXYjM1dnVhV2tPTGU0ak02cFZqMHRtdHZMd0VSbzBIME1DeE5tTEpWTUV0V3FCbWUzaGI1VHDSAZYBQVVfeXFMTVlxU3g1MXozdzNTLUNybS0zaF9TZm14NU9XY3BENFhuYmFFRVpWUnloSlEyMGhQMnVPNnE2UzdsWTUybFV1SEhPZ1JRUkQ1aGJMNkVkTW00VkZHbHhZSmlGR3hpRWYtc1BqQ1ctd2Nuc3F0WTd4ZzZhenlkbm1WY0xvRTFlcFNwQ1pOZXVsOUhVeW1uZTdn?oc=5) · CBS News
- 2015-12-16 [US bank robbery suspect returns during live TV report - BBC](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4zU0N6TEduY1dydm91N1M3ZVNrMUlkOHFPQ25HMWIxWlp2Znk1MkdwWmdSY2txY3g5cEJrRnZ5Zmg4dlJjcnBjZ01UY1pVMVQ2eTllZDlzbVZzV0dXRmc?oc=5) · BBC
- 2014-01-07 [Sterling State Bank names new president - Austin Daily Herald](https://news.google.com/rss/articles/CBMijgFBVV95cUxPVjVTQ0FXU2dPUVNnMEFuMHpfUzB5bXVtSGFCMVR2Ull4VnJvYTNlOHp0YVB3bjlWWWxSMGs1LVhFdDVoY1FSR0N6X2hLWVNmVzd3eHN3X2VQdWwxY0RNU2hBZ2l1MkI3aXQxbFdyZG8wOGdDYVRPcnNyOWkwcTY4TURVWG53ZFYzZ0hzYVNB?oc=5) · Austin Daily Herald
- 2016-03-22 [Thomas "Tom" A. Winkels Obituary Mar 22, 2016 - Ranfranz and Vine Funeral Homes](https://news.google.com/rss/articles/CBMic0FVX3lxTE54LVR0VFVabV9ROGJxNncyWGtLaTRNTWtxOWZ4WWZxRVl4QmU1NW5zRkplNTZKQkZ5YlJONWdmWVFOM1lhRmYzRTREdUpUZUUtYWpoWU1LSzFaWFNzbTFuQU1KeHdWUzJlUjd5NjNuOUw1cHc?oc=5) · Ranfranz and Vine Funeral Homes
- 2015-12-16 [See TV Reporter's Priceless Reaction to Spotting Bank Robbery Suspect During Live Shot - ABC News - Breaking News, Latest News and Videos](https://news.google.com/rss/articles/CBMipAFBVV95cUxOVDhwYTZBelBaUE5oZ3lRM0ZXNlhJbHNPWjVfLTB4X3BuODRLbFZCUU4wM3NaNnZQMHJWYWNnQzdBcDNqZ3I3Z21XRHdwTUxNWEMzbkZ5bi1QVHRDdlNXdnJwSk1OLUluWXhBN1dMNEJ5a081WGdKX0RwR3Jpd25VOUdMNHVQN053b2ZGeHBRc0RFOVotTmFIRTNCb3VGOWJmU05sY9IBqgFBVV95cUxNT3MtOXk3YXVYTVpSUW1ELWYtcTV6U05jWjNBSmNZbzRSWkdVUnVwWGFKVkgzSkF1OGMxQUZwc0RUNnNUU2Q2V0xQWUl6emZSMmNsbnZKb29UamtIaG5pdUJWZzBjem1aZTFVZVJDazJRNWd0VHVoLU84RnV1dlRDa0NuMGRyM2xVaHhxZkRaVjZPS0pMUTFnNUM5bHhrMWh3LTVUUXRYMDZ4dw?oc=5) · ABC News - Breaking News, Latest News and Videos
- 2025-03-22 [Chase Bank to build a Rochester branch - Post Bulletin](https://news.google.com/rss/articles/CBMiggFBVV95cUxPcGNvU1hPZDEzMmVYQmprbVJJT29VNFJ6d3pZcFVITnBWRldUZ0dEb3U1LUxydHQxdFJDN2ZneF9sek8xMnBsRnl3bkdILWZrR2ZtNXVzUHZ6LVNmSDl3YW53Z3NSeWlsZndXcTlsNzFBek9aSnM3TjE5MTNNYjNTT3JB?oc=5) · Post Bulletin
- 2015-12-16 [UPDATE: Man Admits Robbing Same Bank Twice - KROC-AM](https://news.google.com/rss/articles/CBMicEFVX3lxTE55cFI0QXpLbVMtR0d5SlE0NzRNaHNpWlcyTWdrQnBCVEV3dGozS0ltUHBSNFZJV3N4OUxLc3ZOSXFUSndwczdTVThTcUF2bGU5cDRVSGc2M0ZUOGtoa1RneTFaOVNkSFlYTjRLbmtaOXg?oc=5) · KROC-AM
- 2024-08-20 [When a Rochester bank robbery received national attention - Post Bulletin](https://news.google.com/rss/articles/CBMiowFBVV95cUxOQVQyQktPbjM4cnV2SHpQUlJHRGk5RGtndkJrR2ZWTDZQbVdzZ1AxVGR0YVpsVlVrbkpGTXFtaFlQVm9Ed2t3bldmdDc2MmpyYUdXdHlpSE4waXl4b2FYeTZ6Y3lCOGJ4MnpWUVJYWG10U29FcUdfOE5wY05jNEJjNUlmMDNiR0ZQam5taTFLWFpqMXUzUHYwdjNLb2NaN09RQ3JN?oc=5) · Post Bulletin

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17863 (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/7.json (key "17863", 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