# KEYSTONE SAVINGS BANK
MARENGO, IA · FDIC certificate 17993 · asset band <$300M · 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 | $200.8M | |
| Deposits | $168.7M | |
| Loans and leases | $125.9M | |
| Total equity | $20.9M | |
| Loans / deposits | 73.72% (p50 of band) | 73.59% |
| Liquid assets / assets | 34.73% (p55 of band) | |
| Uninsured deposits / deposits | 20.48% (p53 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.14% (p73 of band) | |
| FHLB advances / assets | 5.14% | |
| Tier 1 leverage | 11.29% (p43 of band) | 11.76% |
| Unrealized securities loss / equity | -13.24% (p33 of band) | -6.57% |
| AOCI / equity | -0.98% (p28 of band) | |
| ROA (annualized) | 0.50% (p17 of band) | 1.17% |
| Net interest margin | 3.41% (p26 of band) | 3.93% |
| Efficiency ratio | 77.89% (p75 of band) | |
| Noncurrent loans | 1.44% (p79 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p69 of band) | |
| Reserve coverage of noncurrent | 86.13% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 50.60% (p80 of band) | |
| Auto loans | $1.2M (0.95% of loans; DQ 0.58%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.7% | |
| Employees | 30 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2018-08-10 [Farmers Savings Bank in Victor to merge with Keystone - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMivAFBVV95cUxQV0dWRmYtSkQwUmpyckN6WG9ZSGJDZDVLQzk4cEx6VUIxanJoOTdmaXh5QTZXcXNmbURac2NsX3d1OUV1VWQ2bjJvNDEyZ2JYRUZuMm1VM1pKZ1oxelRjQnVaOXYxQkJXU0hocUtMbGlRdDVvV0pWVVUtMXZ4WFA0eUhKMDBuMy1SRXZaQ0VyY285YnNNR0FQcDUxdGhkY19ZWnZaSDY4bjgtR0wyN2ZZd1E3Z0tOUERxaDFsaQ?oc=5) · Iowa City Press-Citizen
- 2025-11-18 [Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens - Jones Day](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPZlJ3RDdKMlZHWUlpWXVOVkhqUy15TUFPVzdCaVljaEZOY1U4bG9pWUlCY2hWWEZ0VUpoSGRCZXNDb052MWxZelBaWHMwVnBMYVFTbUJkTldEaDhIZlhqRUFtOVJzcU16d3EwSTB3aXhJVUozbDFPbXNSSTExUVBGS2x5QVNwT2RIc0F6eXBRNG1pOXNqVzlSLUQ1WW56N3cxZi1heU5QdGV1OE41ZDRDdVhmN0tBM1M1aHdMWWp3bXpUQkE?oc=5) · Jones Day
- 2026-06-02 [Grady "Jack" Williams Obituary May 31, 2026 - Powell Funeral Homes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9Wd1dCT0NQRDlRN2gyN0RWNHFFM2RvYlpJQUFIZ0x3NEsyV0tMU002dEw4VXRkRHlhRmRORkV6UE53TkthSlhiMmhVZUJnZ3R6YVc5LUpiSlcyWUdNbHFaVnlZT3NzRTR6M2h1cQ?oc=5) · Powell Funeral Homes
- 2026-02-10 [Obituaries Darold Glen Sindt - Vinton Today](https://news.google.com/rss/articles/CBMidkFVX3lxTFBmdkZYUVdKTXZqZmtLRk15ZFl6ZlJaWVV2UUdGY2ZjRXR3MnlkYkU1Ri1PTHp1ZXR3VFdGZGFIWFFhRTlDaTZEMExZVTg1ZFltQ05HclFzeU9haVlid1Y5ZXhSbEpvbzJ1OW82aFZhY1FpZUVIT2c?oc=5) · Vinton Today
- 2013-10-13 [Linn County Authorities Searching for Person of Interest after Center Point Bank Robbery - Patch](https://news.google.com/rss/articles/CBMiugFBVV95cUxNdURTaTFaUDJIbzdPcTNvVkNSNlY4bkNtUm1ORndXcHBNZHJCV2VGY0tlREtnVVZDUHQ3aGtPTmFBOHN6bkNJVWQwRnJjZmVoMTlzQnhfeEpFTWtkWmxURl9aZDh3NUxWeW8yRFdaYWwzeTF2eVp1SVJRMEVTckV0c2ppLWV1dGVzVzctb1M1YTMwR0hiNHZ0dndmN1RXZXF4czVSZ0FFSHdlWHAyajZoWTVtTFdmOHdlRWc?oc=5) · Patch
- 2013-10-15 [Update: Suspect identified in bank robbery - Mankato Free Press](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOU3pIOVplTjlQbHk0Q0toRjNXQ2RNNXRBX0JpLXRzbm96S2lOeUUtS2RlYW02NUswcWFmcXM5UzYzRzVOaTZrZDhLQlYyZ3JDd3V1VnA2bVVvOVNuQU5salZ3MTlkZzU4T0JLNG5reUg0Szd3T0ZZMFlNNHl4MHNxQ29EN2JOWTdkck5lRjgtNUstdnY2U2RtLWdZR3lEZk9fMDhycnJpeDVtNXdKZkZxeDNFQnFBdkRNb2prdHVGZ1BlNTlGMi1oX0FhZktaRmRudE9hRHF5Yw?oc=5) · Mankato Free Press
- 2023-01-12 [Donald Fred Franzenburg Obituary Jan 12, 2023 - Phillips Funeral Homes](https://news.google.com/rss/articles/CBMidEFVX3lxTE1wVWh4RXRpdXpaam9haE9Bd2tycUxXTjNnLWFocGtESHNseFM1R0IycDI1UWJBT1pMYXlZMFN5RXdISlBvZlFMckVtei05RElfeFFGTGI3QlU2a3RuMDhyajlHQkoxSG5GUnFDN1dzdzlSREVw?oc=5) · Phillips Funeral Homes

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17993 (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 "17993", 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