# WATKINS SAVINGS BANK
WATKINS, IA · FDIC certificate 18071 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $86.7M | |
| Deposits | $75.0M | |
| Loans and leases | $32.5M | |
| Total equity | $11.4M | |
| Loans / deposits | 43.05% (p14 of band) | 73.59% |
| Liquid assets / assets | 61.25% (p88 of band) | |
| Uninsured deposits / deposits | 8.68% (p10 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.80% (p76 of band) | 11.76% |
| Unrealized securities loss / equity | -22.44% (p20 of band) | -6.57% |
| AOCI / equity | 0.51% (p94 of band) | |
| ROA (annualized) | 0.51% (p18 of band) | 1.17% |
| Net interest margin | 1.94% (p2 of band) | 3.93% |
| Efficiency ratio | 70.75% (p62 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 66% | |
| Construction % of loans | 1.85% (p22 of band) | |
| Auto loans | $480,000 (1.48% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 7 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | NIM <2.5% |  |
| 2020-12 | 2 | capital falling |  |
| 2021-03 | 0 |  | NIM <2.5%, capital falling |
| 2021-06 | 1 | NIM <2.5% |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 5 | reserve under noncurrent, assets shrinking |  |
| 2022-12 | 3 |  | reserve under noncurrent, assets shrinking |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 3 | uninsured deposits leaving |  |
| 2023-09 | 4 | deposits shrinking |  |
| 2023-12 | 3 |  | deposits shrinking |
| 2024-03 | 2 |  | uninsured deposits leaving |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | capital falling |  |
| 2025-03 | 4 | uninsured deposits leaving |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 1 |  | securities losses >30% of equity, capital falling, uninsured deposits leaving |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2021-05-26 [Watkins community comes together to help repair historic baseball stadium - kcrg.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOR3JLR3VxSkFVaFNVRzFLRTRKdEl3RWVLTXRteXlMNFVuRS13TGxmVmZRUndYbXZ1aGpxaGpwR3A4a194UldFR1l5QVB1Z25ucWJuVl9wQTZzR3JwXzdFZ0dBWnVsQkZCa19JbTViaXI3ekMzci1xX2VHVjhhb0tSMTN0c2hwVVVJQTJqaFh6TTFPZVQtTndiSTBnRjhtZlFheWFpTUpSSXV5d9IBvgFBVV95cUxPZmpGbHVOVVBqNmJqUDFMeUpBeHBiNDhReWhFSnNrRGU1OHdqZS1vcTA1b1Z4bHRQZFBHbDdDdlFvOEduUWlOLXpmY1hVR04zQ0tmNmdHMUxMclpYXzRlaUtyLWI3SlpaOXhScTFmN2tiOFlIaVNsNlpQNzc0NzZQRzFsS0d5S3NWc0tUQjdENTMzdV93STFBZnpsd2E0SGhDSHFKamlISENxM1ZnU0Rqa2FhVV9ucEZSRG5NaDh3?oc=5) · kcrg.com
- 2015-06-07 [Hilda Gertrude Driscoll Obituary Jun 7, 2015 - Powell Funeral Homes](https://news.google.com/rss/articles/CBMieEFVX3lxTE14bl9VbkZKTGZoVTdTMVdNdm1NMUFiZ09DemdodExiUElwWk1hNnJoRlgtRE85UjBvelJPSUgtWTN3dVVaUWVlWVJRaVVQaHdZZnY3T2cxeTg5cG9FVkVHLS1SVUh0SDZFOFR6ekU0TDkxSWJLOTNBZg?oc=5) · Powell Funeral Homes
- 2017-05-25 [Luminaria - Relay For Life - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNSVZTSWhVSHJmakJ6N3hLcnliXzJiV1VmZE96dHpLU1pNYkpnS2NITmlZdzJqcXRSNEg3VENEX081SngtVFM0TXNpZFBGSDBMaXBKUW5EajB1REM0XzI5RmRsOGhibjdWckRvTXVIeWtFQVprWXNSeWVISXN3YmNKY2c2UUViLW5VeFZ3SmkzanRoTzV4VUpEblFqcHQzVUpQS1Z1N0hJNEY?oc=5) · Iowa City Press-Citizen

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18071 (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/23.json (key "18071", 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