# CITIZENS STATE BANK
SHELDON, IA · FDIC certificate 18356 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $194.7M | |
| Deposits | $166.1M | |
| Loans and leases | $131.6M | |
| Total equity | $24.7M | |
| Loans / deposits | 78.30% (p59 of band) | 73.59% |
| Liquid assets / assets | 30.24% (p45 of band) | |
| Uninsured deposits / deposits | 20.71% (p54 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.46% (p56 of band) | |
| FHLB advances / assets | 1.03% | |
| Tier 1 leverage | 12.45% (p58 of band) | 11.76% |
| Unrealized securities loss / equity | -14.27% (p32 of band) | -6.57% |
| AOCI / equity | 0.31% (p93 of band) | |
| ROA (annualized) | 1.74% (p78 of band) | 1.17% |
| Net interest margin | 3.55% (p31 of band) | 3.93% |
| Efficiency ratio | 46.84% (p9 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 | 63% | |
| Construction % of loans | 10.29% (p39 of band) | |
| Auto loans | $3.1M (2.37% of loans; DQ 1.12%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.2% | |
| Employees | 19 | |

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2026-07-14 [Bank Iowa celebrates 50 years - The Humboldt Independent](https://news.google.com/rss/articles/CBMif0FVX3lxTE5QZEVSbkNZcS1PVU95eDhyZ0NMMFN3Nms3MTRBcEZIc1FUMkFGUVEzX1VXTklJbkp6aS04bUExa3JYQldsdzd3dm9aUXdXWGxpRG1jTHUtQXMwZXRrTnF6XzAwMDl1TFRuRTFjcC1TX2haVER6TVc4bmQ5OFZqNU0?oc=5) · The Humboldt Independent
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2021-02-04 [Citizens State Bank celebrates 60th anniversary - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMixwFBVV95cUxQZXd4NkEweGNsd05nTFdaWEFCQjRhZXBmN25aeU5xSFpOdUMwZTRZYXdmRnhRU2R1SFpmMTJ0T2ctTG56UDZfVHlrTy1xODdaWTY4OUdZWHZqTFhJNUFMNDA2aGhBczBDVjRIMXVwMURWOW84RXAtWXZHUXZYSUJocU5DNDBwZ2dIWWFkR1ZuMnZCVy1sNjZxYmpPSVZDbm5BdFhzY1ZmdTF1ekVuQk1Yc3RJUFBFZ1dJRVZ5MWNMOUp5TU9xbmJr?oc=5) · The N'West Iowa REVIEW
- 2023-09-24 [Citizens State Bank in Winthrop - Community Newspaper Group](https://news.google.com/rss/articles/CBMi_AFBVV95cUxNYXBWdDNBUDBrRzJ1bFk4Rnl1ZE9hMDJvNUYwU1ZCcE9zLS01UVJoVHpLalhFYjhKTDFaME4tQTJiVmdBNUg2bFNuYk1oaFFpcFpjdkYwejA2MWhKTnI1TE41d0xhR0xmRmlvdkl2bVlUZHVYbUlrUVdkaDdlUHZLOHZ2bEUxcFgyYy0wczROWFcxaGJPMGNrRmUycjV2cGhVcTFWUWQtOFgtSnJOWFpvcHN0Y1FWQ0lubXNoN3dQT0pPQ21TRmtoTU94SUEzV1QyMHZzZUtkbzJJUko2b29yYVN6UGNqMW1SaDQyLXBEMHJvT3doVnFfUGh0WGk?oc=5) · Community Newspaper Group
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2021-12-21 [Alabama’s Avadian Credit Union buys bank in year’s 13th such deal - Banking Dive](https://news.google.com/rss/articles/CBMipwFBVV95cUxQeEZ3MlhHWTJJUVFxNkRhTk5HZExBbGVGZTFkYkFrdHUzOFRNVG8tYzVwNkRjZExxU0I3RkJXd19Wd2FkVDV1bEt0RmRQTnlSRDh3VEJCOWdjaFhpaUE2Zk5LVHZWMFJ2RkVjVmYwNzFyTzJNa1JvaTlsS3VsbG9uM0JZN3Q4VHZ6ek5NOV9ScFhRdGZwUEdVR2dqdm5zN1ZCVEp4bWo4SQ?oc=5) · Banking Dive
- 2025-03-26 [Investigation underway after attempted theft of ATM in Jones County - kcrg.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQWlFHY3FZbHA1NFl4MFdleUJCY19XS3R3dzhZNy1ZdTRVTHI5M054bDNwclU5WGFpSU5VWFd2OG41eFg0RXkyUVpFd3lHS3hyd2xkUEp2SWsxUjRQb3pZZExhRmtYcDNMTFpBclJlUjc2ZjNoWVRtd0xmSmg3Q3U3WWZ3WW0zMzYyaDFKRGtSSDNONjhsSkk3YVBn0gGuAUFVX3lxTFA1b2xoelpjX2RfRDA3NllpdEhDLTdRckVaNFo0ZW9BRmU1b3p6WDVDNERoZ0NVblZtY0YweHNGTGVvX3lsY0hMaWdlY3U0SHBCeHN6T3FRWHJTRjlvLUtqcFg3dWlDTE80aXRBVndBQkFLdXpnSGRpS2xXbjViMXBIMnoxZEJqT3lxYWd5SkRWQXF0Yk1UclJVYU12MEl6dC1CcjFvYUUwZkVzWnFGZw?oc=5) · kcrg.com
- 2016-06-09 [Architect used Prairie Style on Central Minnesota banks - St. Cloud Times](https://news.google.com/rss/articles/CBMirAFBVV95cUxNMXIwUXVocERqM2lYTmM5aTdnNjVUZmo3R3hEell0OWZMWnBWVWdmOVNxZG9ndE1keHpOY1owd1pMYUd1RldsbXlfRGxhc3BhR2hpQXoycXBRTWdOR3NwTk9JQ2xRVVFpNG5zb2xpWnZzeFlLWDd5WGZkMEs1OU9KMHZWSll3TDZBMTYwb0dXczNJdDNXRHN1VWFOUWJIZFQtS3VFRXNram9nZkYt?oc=5) · St. Cloud Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18356 (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/52.json (key "18356", 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