# WAUKON STATE BANK
WAUKON, IA · FDIC certificate 1857 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $426.9M | |
| Deposits | $366.5M | |
| Loans and leases | $353.6M | |
| Total equity | $45.0M | |
| Loans / deposits | 95.12% (p82 of band) | 82.04% |
| Liquid assets / assets | 14.71% (p16 of band) | |
| Uninsured deposits / deposits | 26.62% (p53 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.93% (p47 of band) | |
| FHLB advances / assets | 2.93% | |
| Tier 1 leverage | 10.44% (p44 of band) | 10.81% |
| Unrealized securities loss / equity | -0.62% (p89 of band) | -8.10% |
| AOCI / equity | 0.04% (p83 of band) | |
| ROA (annualized) | 1.93% (p85 of band) | 1.28% |
| Net interest margin | 3.69% (p37 of band) | 3.91% |
| Efficiency ratio | 45.83% (p11 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 78% | |
| Construction % of loans | 9.15% (p13 of band) | |
| Auto loans | $4.4M (1.23% of loans; DQ 0.37%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.6% | |
| Employees | 51 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 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 | 1 | reserve under noncurrent |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | reserve under noncurrent |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 0 |  | capital falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | uninsured deposits leaving |  |
| 2023-09 | 0 |  | uninsured deposits leaving |
| 2023-12 | 3 | loans exceed deposits, capital falling, uninsured deposits leaving |  |
| 2024-03 | 0 |  | loans exceed deposits, capital falling, uninsured deposits leaving |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | capital falling |  |
| 2026-06 | 0 |  | capital falling |

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

- 2021-10-06 [Waukon State Bank celebrating 150 years in banking - Waukon Standard Newspaper](https://news.google.com/rss/articles/CBMimgFBVV95cUxQMFgtdm9MMGJHV3h2YjRLdVV0QXBRVVRqM3hwN1NwVmJqZlpnYTlzVzB4d2tLRmtNNzJvc3ZXQzlpWk1KV09qYjBJU2Q3OXJnZXRVWmZtM3djdndITWZiTWpCS1VCZFFWNmZTN0JFN0FHZW5VRVpjOGl0SkJPOWpfQzYxaVVHanFxanZCOG5rRF9UVEV6ZUNaRTBB?oc=5) · Waukon Standard Newspaper
- 2019-08-08 [James "Jim" Sweeney Obituary Aug 8, 2019 - martinfunerals.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9DSjBDblpma3I1U1JHSVRaZ09HTW9QOXd1eUhLaXh4MkpuWXNESjdBR0RPczMxOVdyZUdIOWZFamVNS05COVd1bXdieTg4RU9PRzBGeVkzT0ZGNTN1cmdUR2ZLWUxidw?oc=5) · martinfunerals.com
- 2021-04-14 [Waukon State Bank makes $10,000 donation to Veterans Memorial Hospital Waukon Clinic ... - Waukon Standard Newspaper](https://news.google.com/rss/articles/CBMixAFBVV95cUxNcG5IVWUzYTJrQ0VGRm53MlhiQlhxaVJpb05wUVIzRzhCeGNVQ3lmTzY1OGo3UUZFdkJJeFVrQUxfMVNuV3RVQ0NPUkhlODhKeTI1QnZEeUtkZjV6MkNFM3lGZ2E3bjFLT25yZTdTY3pJV3ljbEdneDlCV1ZZWGkzZVZGQldOQ3E5T3pyYi1ZQnRZbk9jU3VNZFg0N2VKcTluNDJwT3ZDRzJ6SGJvMXNPZXJFTTMtSVZFbEwyajQ0TW5TYlRw?oc=5) · Waukon Standard Newspaper
- 2019-11-24 [Richard "Dick" Prestemon Obituary Nov 24, 2019 - martinfunerals.com](https://news.google.com/rss/articles/CBMia0FVX3lxTE5MZG0xSVptVjRPenNZb2J6NXhEVmhoNEd3SDBuWVdvM3RUaGlTVWliYVBwaENpd1hSM29TcDNCQWxzdllQUFJFSldvdEVUQ1c1SXE5c0plMV9HT1lWSV9OaDlQSUxZY3FFRm1n?oc=5) · martinfunerals.com
- 2020-02-21 [Robert Schultz, Luana, Iowa, February, 21, 2020 - Grau Funeral Homes](https://news.google.com/rss/articles/CBMihwFBVV95cUxPcko0TWdPRUZ2VEZReHlYamxqTFNpemoxMENLa0o1Qm5tLTJucWw0ZEZqZlFXOGRZcVJ6ZEFnZUEzQ1AzVkJveHktV3NzMWQ2MnpnV2FUUk4tRGtyMEtKODhDam9vR3p6ajU5RWVfUDl0eGxUSXA3LWVlU0ViWE1FSHU4czdoVVE?oc=5) · Grau Funeral Homes
- 2024-01-27 [Tommy Thomson Obituary Jan 27, 2024 - martinfunerals.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTE5tYW40VzNoaU93U19UVmthU1NTcGxYVjdEOU85NHVMbGFwbG8xQV9TLUt1NlNxX3dySFJIb0ZqVVdCekVzM0UwUkZEdEJDNWYtY1R2bTNtSnVibFJnZmNoa3I3X3lGdw?oc=5) · martinfunerals.com
- 2021-06-30 [Health Care Foundation’s Golf Tournament results - Waukon Standard Newspaper](https://news.google.com/rss/articles/CBMipgFBVV95cUxNTWdMQm53ZnJfQzAydzFBb2MxVU1OUTVnYmltTk1BaVhuSmhMYmVvRHIyR3N3aDFQajYtWGN4c0c0TzB2c3FfVEowMk5TUDhHRC1KYjhzTGZvR2NBZklSZ1B0ejNpVi0zSEpsS3BxUnIxRmE0RThtNUNZUXBiMmJHbGwzQm1OanVhSnFESlJXZU9zMGJtb3NtZ0E3ZGphdld0NTZ2R3h3?oc=5) · Waukon Standard Newspaper
- 2024-08-26 [Ella Mae Dvorak Obituary Aug 26, 2024 - martinfunerals.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9GRnFBaWJNdFhGc0tncENxQ3ljX3VFWE1ZRU9jZzVNV2M2X25udDF3Z3BYVk0yNDBEYWRuNngxeUd2SUZPQVVQS1J6dGpTdmVIWFZ3UEpWRHE2VDQ3T3VGTmxMZw?oc=5) · martinfunerals.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1857 (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/1.json (key "1857", 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