# MONTEZUMA STATE BANK
MONTEZUMA, IA · FDIC certificate 1860 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $54.6M | |
| Deposits | $46.2M | |
| Loans and leases | $23.0M | |
| Total equity | $8.1M | |
| Loans / deposits | 48.82% (p18 of band) | 73.59% |
| Liquid assets / assets | 54.58% (p83 of band) | |
| Uninsured deposits / deposits | 22.32% (p59 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.87% (p76 of band) | 11.76% |
| Unrealized securities loss / equity | -6.04% (p53 of band) | -6.57% |
| AOCI / equity | -0.22% (p58 of band) | |
| ROA (annualized) | 1.75% (p78 of band) | 1.17% |
| Net interest margin | 3.97% (p52 of band) | 3.93% |
| Efficiency ratio | 44.20% (p7 of band) | |
| Noncurrent loans | 6.94% (p98 of band) | 0.36% |
| Net charge-offs (annualized) | -0.01% (p9 of band) | |
| Reserve coverage of noncurrent | 31.31% | |
| Real estate % of loans | 50% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $2.1M (9.01% of loans; DQ 0.96%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.5% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 4 | capital falling, charge-offs p90 |  |
| 2012-09 | 3 |  | uninsured deposits leaving |
| 2012-12 | 5 | losing money, expense ratio p90, noncurrent p90 | charge-offs p90 |
| 2013-03 | 4 | NIM <2.5% | losing money, expense ratio p90 |
| 2013-06 | 2 |  | capital falling, NIM <2.5% |
| 2013-09 | 4 | NIM <2.5%, assets shrinking |  |
| 2013-12 | 6 | deposits shrinking, uninsured deposits leaving |  |
| 2014-03 | 4 |  | NIM <2.5%, uninsured deposits leaving |
| 2014-06 | 4 |  |  |
| 2014-09 | 5 | uninsured deposits leaving |  |
| 2014-12 | 4 |  | uninsured deposits leaving |
| 2015-03 | 5 | losing money, charge-offs p90 | deposits shrinking |
| 2015-06 | 5 | capital falling | assets shrinking |
| 2015-09 | 3 | deposits shrinking | noncurrent p90, losing money, capital falling |
| 2015-12 | 3 | noncurrent p90 | deposits shrinking |
| 2016-03 | 1 |  | charge-offs p90, noncurrent p90 |
| 2016-06 | 1 |  |  |
| 2016-09 | 4 | noncurrent p90, deposits shrinking, uninsured deposits leaving |  |
| 2016-12 | 3 |  | noncurrent p90 |
| 2017-03 | 2 |  | uninsured deposits leaving |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | deposits shrinking |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 | uninsured deposits leaving | noncurrent p90 |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | noncurrent p90 |  |
| 2019-12 | 1 |  | uninsured deposits leaving, noncurrent p90 |
| 2020-03 | 2 | noncurrent p90 |  |
| 2020-06 | 3 | capital falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 | NIM <2.5% | capital falling |
| 2021-12 | 2 |  | NIM <2.5% |
| 2022-03 | 3 | NIM <2.5% |  |
| 2022-06 | 2 |  | NIM <2.5% |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 4 | deposits shrinking, uninsured deposits leaving |  |
| 2024-09 | 4 |  |  |
| 2024-12 | 3 |  | deposits shrinking |
| 2025-03 | 6 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2025-06 | 2 |  | uninsured deposits leaving, charge-offs p90, deposits shrinking, assets shrinking |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | capital falling |  |
| 2026-06 | 2 |  | capital falling |

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

- 2021-07-03 [Reward in search for Xavior Harrelson passes $30,000 - KGAN](https://news.google.com/rss/articles/CBMiigFBVV95cUxNaEtrWUx4d2gzMmVPUVFIdFhSNEhSaTJrZ0NOc2JWdWhfREY4ZXFrcDZmampxVHNPN0lMbjV5ZUpFdERJSDVZbWdPZ2dJTUR1dW1TN3h3MC04c2NwQnNxNEJycGlzTW81VDZJb3dMM09zTUVEeGJpR3Y2UUdSOXpCT1RQTExad2w4dGc?oc=5) · KGAN
- 2026-05-27 [Sheriff hopes reward fund will help them find Iowa boy Xavior Harrelson - ABC News - Breaking News, Latest News and Videos](https://news.google.com/rss/articles/CBMikAFBVV95cUxORDBMUXdJekFFVmp3am16UzVkWERwUDlvR0FpNGlZNDdKWWxhUFJOdVhtNW1vR25WYkxoLTRiSlN1VTdjYTVWMWlkQ3J0Q1N3UWR0TUZUS0dzVnIyNmprNHRJN25IRktTVWJWNjRGcVpoYVd1MGpNVWNMMGRPTGVGcjhSMjZWMUFGQUZzSUhySWrSAZYBQVVfeXFMT0tzZ092NmhIMEk4RzhTUmM2aUNORk1EOVJHLXdqWTExOEVhemt6RFVSVFl0c3JfbWxhS19EQTgtakVra0RCT1BHWXBIVzJaVmJqbkdSbnFMdUhNR0hjX193TGpXdk80R0JrckJyY00wMUwzYjlXaHRQMlh2WEVwZ2lSdHNhVm8zeW5rTV9MMlZBTlF4clp3?oc=5) · ABC News - Breaking News, Latest News and Videos
- 2026-08-16 [Xavior Harrelson has been missing for a month; authorities silent on investigation - thegazette.com](https://news.google.com/rss/articles/CBMijAJBVV95cUxOYnI3TXgyZHd1SUpFS2ZKS0Q1TTl6Z3dILVBldGUxZXpxX0pXUjlKTFlydlBFbTRfMFViSE5sSUhfMlp1aHpsUF9HcTZmNFRpSEgySjRORlhJNFdIeUVVTkF1T2cyczNIRHpmYmpQVTBSNDRCNnJKNUp3SXF5ajdPUGRvUEtra1hGc2p1WHhiaGt6TnIxVzNVWFlQMUphVE1INHFTcGVxR2ZoUW9DcnFoRU9MYnNyS1pRQk1ZaHlGdlNnNU42U0VlVmpsTXR1d0lsZU9zRmI2R28tb2JEZTA3QTNJY01GbGFuVEJHZEV4YjVESkhLS01ENzc5TUpSYUJ4ZXJSUW9jSzVESnlx?oc=5) · thegazette.com
- 2016-10-25 [‘Little Mermaid’ comes to town - The Des Moines Register](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQNG1od1hySjhEVGtfMzhCRDNBcXZhVVdCeE0tMmp4YVI2ZUkzNlR4YU5DOFpwTTVQUnNDakZkZ2VEZVM0NUJNVnBIOXZveGNGOV9oTjRPYzV0OVBtTnhQSWh0ak1tTmlUVkIwVDhhbFlQSFFITjdqMnhsbzZkTy1qRWdrNWlDbHZvMjNNRFA2blFTckZCUFpJS2pZQ1g4cTEtSy13czRtbV9uTTQ?oc=5) · The Des Moines Register
- 2021-06-21 [Xavior Harrelson reward fund surpasses $22,000; benefit concert planned - weareiowa.com](https://news.google.com/rss/articles/CBMiigJBVV95cUxOVXFsaTl0bURLOHFMMFpLXy1tcDZGTU8zQWxoeUR0YkhyaTlGa2lFWGpac2dkMTFHRF9TZkhfNlh3LVlsNXo0MXhXdWtYcnpGWmtQTk1GaWVDajJQalVEWTJhQXhqd2l6V1JCTzVOLUxrX19fNERfc3lhaWYxblFYWnNGZGhDOUI2UjhfeERGNE42ZXlVMkxSNkFqcXo2cEZ6UWFEX2xDXzJDWGdzdV9TTk5RRDRLOTZldXUzd0p6SVd1cVZMRmZaWEFpQTZUal9wNXlYaFNxUEpfcXMyZVFIU1hGbURmZXBuNXlyYmpLaV91Tm04aXlMbENyU1phX2FTUFpYVXhOX21udw?oc=5) · weareiowa.com
- 2021-06-01 [What we know about Xavior Harrelson, the Montezuma boy missing since May 27 - The Des Moines Register](https://news.google.com/rss/articles/CBMixAFBVV95cUxOX2lsWmZrOXYxY2l2bVhEazdHTWJaTVpjOUJqb1V5ZlIzTzh6dXlkMWlhRjYzYTQtM2JEay1LcF9rZ1gxZ3Y1LXRfem5ubjFwZ3N4U3R5ZVBVcHgzdDBCVUIxOUw2QVI0YmRuRGNNWlZsdDV3Y2pqMFVlWTlSbGx4ZVRmbmlfQkNCZl9wMS1vR3JHZlBGQUdjLWhOT1l0Uml0S0htVG9yZGx0SmIteVhyaW5aWXlESlZua29YdmdwMTNfTWZq?oc=5) · The Des Moines Register
- 2016-09-27 [When siren sounds, Monte EMS responds - The Des Moines Register](https://news.google.com/rss/articles/CBMiugFBVV95cUxPLVhERVhYVnEwWjJzNVVpRFF4YVlSMDFHUjZCanFRQjk1eTZxbDZFTTJCOVRvZzV0dFYybGx2c3JTczluWjk0V0d4YkpLNlRodFlRMUZmWVZaaFo4czBOUGZ0ZXZrYmZlMTVtQWs2Y2ZPQ2d3UEYtbW9tVUtFdjRYV2w2RE40YzlZRzJxSHNQMHhLbjh5QlVTY0g3aXNrUlZXbzcyUm9IU3VBa0lhdC1hWDhFRlRFTjNzamc?oc=5) · The Des Moines Register
- 2026-04-28 [Derelict buildings may imperil rural Iowa's finances ― and future - The Des Moines Register](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNcWpSRFh4RTRpVnFOT2FkUUtOMWZ0WDRadzYyTFB0T1BSWHcwQzBTQ2JEdE9uVm5LcnNJYmNxSkhYZnRzZ1hvOVFWTVJtU0VVU21oNHM5UjlDV2tJVzR2MjU4WWstMUdVbzA0cGgwclkwUkxrcUtIYV93RXJCX1NJdG9hOEpMWTZYbk5KSGhkNTE1a2h5MVBTU2l0YVpKam1OdXZtOHgwT2dHMnpQOUZIRFluYTRCZHBraUxxRXZ1WWxCWTFTZWQxOG1TN2Q1ZjlmNUMyN2ZZaTVvNGM?oc=5) · The Des Moines Register

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1860 (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/4.json (key "1860", 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