# FREEPORT STATE BANK
HARPER, KS · FDIC certificate 18067 · asset band <$300M · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $21.5M | |
| Deposits | $20.5M | |
| Loans and leases | $12.8M | |
| Total equity | $999,000 | |
| Loans / deposits | 60.69% (p28 of band) | 75.02% |
| Liquid assets / assets | 34.15% (p57 of band) | |
| Uninsured deposits / deposits | 12.37% (p38 of band) | 15.14% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 5.01% (p1 of band) | 11.04% |
| Unrealized securities loss / equity | -17.52% (p2 of band) | -2.21% |
| AOCI / equity | -6.91% (p4 of band) | |
| ROA (annualized) | 0.48% (p20 of band) | 0.95% |
| Net interest margin | 4.23% (p79 of band) | 3.73% |
| Efficiency ratio | 88.98% (p88 of band) | |
| Noncurrent loans | 0.86% (p60 of band) | 0.60% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 303.64% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 10.71% (p40 of band) | |
| Auto loans | $204,000 (1.59% of loans; DQ 1.47%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.2% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 2 | leverage <7%, expense ratio p90 |  |
| 2012-03 | 2 | capital falling | expense ratio p90 |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 0 |  | leverage <7% |
| 2012-12 | 1 | leverage <7% |  |
| 2013-03 | 2 | deposits shrinking |  |
| 2013-06 | 0 |  | leverage <7%, deposits shrinking |
| 2013-09 | 1 | uninsured deposits leaving |  |
| 2013-12 | 1 | deposits shrinking | uninsured deposits leaving |
| 2014-03 | 2 | leverage <7%, capital falling | deposits shrinking |
| 2014-06 | 3 | uninsured deposits leaving |  |
| 2014-09 | 3 | reserve under noncurrent | uninsured deposits leaving |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 | charge-offs p90 | capital falling |
| 2015-06 | 2 |  | reserve under noncurrent |
| 2015-09 | 3 | deposits shrinking, assets shrinking | leverage <7% |
| 2015-12 | 4 | uninsured deposits leaving |  |
| 2016-03 | 3 | leverage <7% | charge-offs p90, uninsured deposits leaving |
| 2016-06 | 0 |  | deposits shrinking, assets shrinking, leverage <7% |
| 2016-09 | 2 | expense ratio p90, uninsured deposits leaving |  |
| 2016-12 | 4 | leverage <7%, losing money, reserve under noncurrent | uninsured deposits leaving |
| 2017-03 | 2 |  | expense ratio p90, losing money |
| 2017-06 | 5 | expense ratio p90, assets shrinking, uninsured deposits leaving |  |
| 2017-09 | 5 | losing money | reserve under noncurrent |
| 2017-12 | 9 | leverage <5%, capital falling, charge-offs p90, deposits shrinking | uninsured deposits leaving |
| 2018-03 | 3 |  | expense ratio p90, losing money, leverage <5%, capital falling, charge-offs p90 |

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

- 2018-07-02 [Bank of Commerce acquires Freeport State Bank in Harper, Anthony - Sumner NewsCow](https://news.google.com/rss/articles/CBMimgFBVV95cUxOR3czZFlzZHhqTkVlUUJBZjlIUXotaHFLbktqS3lyVFBzVEVhN1NDSmwyU3VWSjVfcmJkdTNZZ3NpYWdiOWRBdk1NRWxzWjhWUkVVWXdVVU4xcEhFVk01YWtseTNmMjJzV0ZJcjdGVG5Mdm9ZWnc4VkxhUDN6UlVNcVNhb2tja0VqYkRiV1JiODFLcGhCNFBTMzJn?oc=5) · Sumner NewsCow
- 2017-12-05 [Residents of Freeport remember Kansas’ smallest city - The Topeka Capital-Journal](https://news.google.com/rss/articles/CBMirAFBVV95cUxOS3hmM3ZHcHg5bHRDaGJPR1hQUjZkQlF6WnRKOFZsUjhiLXZodEpnZGNDemNQN3JfVHYyVzhWRmlHc2IzMVI0TWRFYVBtM21tWjRDcWYxazFqVjh2ZHNYb2dpMzNrc0VfbkxlSGt1Z3d5a0xRRllnc0lEQ0g0QVhlVUgzRmJwQm1oMDZ6cGZkdURqRTdjWVBncjhVY0laY3hDWnM0N0VBSTNKSDlz?oc=5) · The Topeka Capital-Journal
- 2022-08-18 [Bailout List: Banks, Auto Companies, and More | Eye on the Bailout - ProPublica](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9yUjlLUHlRTkFPekMwR3J1MXFxS2o0OWc3cTFybnY2U1ZhZ1BkTVRweEE5bXJuWnVSTTRxWk1malZlQ2dPUVpHSTk0OTZfNUg3aGpUVVJrbw?oc=5) · ProPublica
- 2020-07-29 [Mary L Carothers Obituary Jul 29, 2020 - Prairie Rose Funeral Homes](https://news.google.com/rss/articles/CBMic0FVX3lxTE9uM1N6UUZEZk1tU3RtXzZYNVZ4dUJFVVpjc05yVnlMMU9JaWg1cjM5OF9xYk80bVZfeFBJa0diTjVWTjV6SGc0cVlubTZfY0FoSEhlT2JpNHo2N0FBUk5US1RvLU1ISmV1ZXJPaWg4alk0VlU?oc=5) · Prairie Rose Funeral Homes
- 2004-03-30 [Michael McDaniel Obituary (2004) - Harper, KS - Wichita Eagle - Legacy obituary](https://news.google.com/rss/articles/CBMijwFBVV95cUxPXzgtMld1WkJxc1RqRE84LWtEX0VUVUM2V1dpWXFDN3pmUk9hUTFWenR1bVA2WUU4aVJReTBaOXU4V3B4Y0lKbWRaTFhtVjR2V3MwOEJlaTBINXBzS0VxbVhmVUhiZG1wY01RdGZCNmtLRDFQN29CUEJ1Ym9nWU9DMHpFaGZ4S0dRMWhEUk5vaw?oc=5) · Legacy obituary
- 2011-11-04 [Bailout Tracker - ProPublica](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9WRVU5S0txR3VSdlY5QlVQdmdtVTNNdXE0bWZXZnBWT0tuaUx2VFg3Y0FReEZEZnRVV0hDNldzN0puTUpWd3pVcU83V2JYMkdodHRoNTluX2VpMk1ucUtTbQ?oc=5) · ProPublica

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18067 (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/19.json (key "18067", 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