# FAIRMOUNT STATE BANK
FAIRMOUNT, IN · FDIC certificate 1829 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $57.0M | |
| Deposits | $49.0M | |
| Loans and leases | $44.6M | |
| Total equity | $6.9M | |
| Loans / deposits | 88.74% (p77 of band) | 73.59% |
| Liquid assets / assets | 21.29% (p25 of band) | |
| Uninsured deposits / deposits | 15.32% (p33 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.75% (p58 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.69% (p49 of band) | 11.76% |
| Unrealized securities loss / equity | -4.86% (p57 of band) | -6.57% |
| AOCI / equity | -0.03% (p68 of band) | |
| ROA (annualized) | -0.03% (p6 of band) | 1.17% |
| Net interest margin | 4.42% (p73 of band) | 3.93% |
| Efficiency ratio | 61.94% (p40 of band) | |
| Noncurrent loans | 6.37% (p98 of band) | 0.36% |
| Net charge-offs (annualized) | 0.78% (p99 of band) | |
| Reserve coverage of noncurrent | 38.97% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $4.3M (9.57% of loans; DQ 10.94%, NCO 0.33%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -1.9% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 | capital falling | noncurrent p90 |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 | noncurrent p90 | capital falling |
| 2012-06 | 3 | uninsured deposits leaving |  |
| 2012-09 | 2 |  | uninsured deposits leaving |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | capital falling |  |
| 2013-06 | 3 | losing money, expense ratio p90 | noncurrent p90, capital falling |
| 2013-09 | 2 |  | expense ratio p90 |
| 2013-12 | 1 |  | losing money |
| 2014-03 | 2 | uninsured deposits leaving |  |
| 2014-06 | 1 |  | uninsured deposits leaving |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | noncurrent p90, deposits shrinking |  |
| 2015-06 | 2 |  | noncurrent p90 |
| 2015-09 | 1 |  | deposits shrinking |
| 2015-12 | 3 | capital falling, noncurrent p90 |  |
| 2016-03 | 3 | uninsured deposits leaving | capital falling |
| 2016-06 | 2 |  | uninsured deposits leaving |
| 2016-09 | 2 | capital falling | noncurrent p90 |
| 2016-12 | 2 | noncurrent p90 | capital falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 | capital falling | noncurrent p90 |
| 2018-03 | 3 | charge-offs p90 |  |
| 2018-06 | 3 | uninsured deposits leaving | capital falling |
| 2018-09 | 5 | deposits shrinking, assets shrinking |  |
| 2018-12 | 4 |  | assets shrinking |
| 2019-03 | 5 | capital falling, assets shrinking | uninsured deposits leaving |
| 2019-06 | 2 |  | deposits shrinking, capital falling, assets shrinking |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | capital falling |  |
| 2020-03 | 4 | uninsured deposits leaving |  |
| 2020-06 | 3 |  | uninsured deposits leaving |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | capital falling |  |
| 2022-06 | 2 |  | capital falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | deposits shrinking, assets shrinking | reserve under noncurrent, charge-offs p90 |
| 2023-06 | 3 | uninsured deposits leaving |  |
| 2023-09 | 4 | charge-offs p90, reserve under noncurrent | assets shrinking |
| 2023-12 | 3 |  | deposits shrinking |
| 2024-03 | 2 | noncurrent p90 | uninsured deposits leaving, charge-offs p90 |
| 2024-06 | 3 | charge-offs p90 |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | assets shrinking |  |
| 2025-03 | 2 |  | noncurrent p90, assets shrinking |
| 2025-06 | 4 | capital falling, noncurrent p90 |  |
| 2025-09 | 3 |  | capital falling |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |
| 2026-06 | 4 | losing money |  |

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

- 2023-12-24 [Ethel F. Roth Obituary Dec 24, 2023 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMibEFVX3lxTFAtV1JIMDNnRkhoZnJtUkVPaUM0VmdvUllhWUdtc3BSY1ZWS3BjbzJMZ1d3OGNvRnFxVHhGYThJMGlwZ25MMmNsUUpBeXd1UFJDM3BDVUZRRFZaOHZxdTQyUFoyTWpkanlGeHhSVQ?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2025-03-27 [Geraldine Jessup Obituary Mar 27, 2025 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMickFVX3lxTE5kVGs5MFA2NVZTT2RDQlAwRlpEWG1SY3lkMUt6YUNxSFVYczBlanMtX21XQWdWTUczazQxT0tVYy1mZDkzc1Ztdk80Q3BncV9pMFR3LVFHR1JfVF9UelZqV1ZhclJPNDJyem5tVk1rQVFRdw?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2017-07-27 [Janet K. Newby Obituary Jul 27, 2017 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMibkFVX3lxTE5EbVA3YmVsM1pHSjUtLTFjc2lCVGRwTHpScFIwSHphMExrTU81RmpIYUltNmYwWnRaek1Fbl9OMmxXMnJXWXFFOGdhSzE2Z2NtOGYyYmhjdVR3T1lpb184TlZ5aDZGY2NDenFZRGhR?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2022-09-18 [Clyde "Butch" & Rhonda (Royal) Sears Obituary Sep 18, 2022 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMihAFBVV95cUxNcmk1OTBLRGJTcUUzR2lQMlZuWlRDUDVHdXlkZndBVVZXOU9MbUxoM3ZGblhTa3h6dDRqMU1JTDlESmdta3R6VVZlWThvQWxmQWlzTkFzd3duUTYwSFFTR3N3ZGVDS3o2Nkt1WmpjcEdzaUlYclVCVnlZTzVfa0UwTXBKRGk?oc=5) · Armes-Hunt Funeral Home and Cremation Services

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1829 (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/37.json (key "1829", 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