# NORSTATES BANK
WAUKEGAN, IL · FDIC certificate 18626 · asset band $300M-1B · latest filing 2018-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $547.5M | |
| Deposits | $459.6M | |
| Loans and leases | $306.0M | |
| Total equity | $63.7M | |
| Loans / deposits | 65.19% (p15 of band) | 86.40% |
| Liquid assets / assets | 38.26% (p84 of band) | |
| Uninsured deposits / deposits | 31.81% (p78 of band) | 21.53% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.04% (p43 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.17% (p43 of band) | 10.49% |
| Unrealized securities loss / equity | -1.04% (p77 of band) | -3.26% |
| AOCI / equity | -0.48% (p80 of band) | |
| ROA (annualized) | 0.64% (p16 of band) | 1.12% |
| Net interest margin | 3.47% (p31 of band) | 3.75% |
| Efficiency ratio | 76.22% (p82 of band) | |
| Noncurrent loans | 3.31% (p97 of band) | 0.51% |
| Net charge-offs (annualized) | 0.11% (p83 of band) | |
| Reserve coverage of noncurrent | 62.96% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 64.29% (p70 of band) | |
| Auto loans | $259,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 11.9% | |
| Employees | 90 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 | expense ratio p90 |  |
| 2011-09 | 6 | capital falling, charge-offs p90 |  |
| 2011-12 | 4 |  | noncurrent p90, charge-offs p90 |
| 2012-03 | 7 | noncurrent p90, charge-offs p90, deposits shrinking, assets shrinking | capital falling |
| 2012-06 | 5 |  | reserve under noncurrent, noncurrent p90 |
| 2012-09 | 9 | capital falling, noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2012-12 | 9 | leverage <7% | uninsured deposits leaving |
| 2013-03 | 6 |  | losing money, charge-offs p90, capital falling |
| 2013-06 | 8 | losing money, charge-offs p90 |  |
| 2013-09 | 7 | capital falling | deposits shrinking, assets shrinking |
| 2013-12 | 8 | assets shrinking |  |
| 2014-03 | 5 |  | charge-offs p90, capital falling, assets shrinking |
| 2014-06 | 3 |  | leverage <7%, losing money |
| 2014-09 | 3 |  |  |
| 2014-12 | 5 | capital falling, charge-offs p90 |  |
| 2015-03 | 4 |  | capital falling |
| 2015-06 | 3 |  | charge-offs p90 |
| 2015-09 | 4 | capital falling |  |
| 2015-12 | 3 |  | capital falling |
| 2016-03 | 2 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2016-06 | 3 | capital falling |  |
| 2016-09 | 2 |  | charge-offs p90 |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | capital falling |
| 2017-06 | 4 | losing money, deposits shrinking, uninsured deposits leaving |  |
| 2017-09 | 2 | capital falling | losing money, deposits shrinking, uninsured deposits leaving |
| 2017-12 | 5 | losing money, noncurrent p90, reserve under noncurrent |  |
| 2018-03 | 2 |  | expense ratio p90, capital falling, losing money |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | capital falling |  |

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

- 2018-05-22 [Chicago area bank robberies take dive so far this year - ABC7 Chicago](https://news.google.com/rss/articles/CBMilwFBVV95cUxQcFU3XzJVWlI0XzlmaEVIREZpdUJPR2FQNGExVzItWGlRLTZxbUhZQkhXTHQ4QlpQYW9RdzdlZjI1NE00TllxWHBzQlBwSXh2WmxtN0pOMTRkeWpDdW5VRFhRd2duMDFGUzlpMTVlTDJIWV9Fby1jVjhkLW5tMHNHdXczY0dCMVkxemZJcGRDc0VfbE44b3E00gGcAUFVX3lxTE94VkI0NGpHSHloOGc0RHpKYlhRWW0wdnp2VS1mTE5TWWxoUW5fVXUxRzc4Vnl5NW8zQ1pVSndaUUZvSGhvS1FrR3NsSXZSUll4c19lbHlmZFMtMVpRUkhWcTBwcmJtNTRxdWNQa01iektZSlF6UjRVazdFd0JtY0lfejBHOHgtRHZmdUpiMDh3d3BNQmJ3V3FhWDlPSA?oc=5) · ABC7 Chicago
- 2023-03-20 [Jury convicts man on federal charges for robbing 3 banks in Gurnee, other cities with AK-47-style rifle - Lake and McHenry County Scanner](https://news.google.com/rss/articles/CBMi4wFBVV95cUxQWnFhNkMzZFhsa2hNdTVHa05YU0dPeEZzUVlzdnFWWm12cnFqWGJuMlhNYzBYM05CRXQ3VkhKVlpMTVZSbDBFdGFaY3JRcnJMWnpPaWRKeTZpR3BjeFliUTdPQVlRMzJ3bXdBay13ZGdZTWNfNGJmekVmZDVScXNDM0owby0zZ0Y2N3FyX08tekt2cEE3SVpvd2lqSjk4bk1kejRVdVZIeUZGaGZBbmpHU1BTMFpvWEhRbVBOYnBKbUM4Q3YtcVljZlhxWG9rZXdyNTlNWVI3dm9jbjVRYS1fVkFZbw?oc=5) · Lake and McHenry County Scanner
- 2018-07-05 [Pair charged with suburban bank robbery spree using stolen AK-47 - Chicago Sun-Times](https://news.google.com/rss/articles/CBMisAFBVV95cUxOQlRiSk1vM0stbGJkY1ZveDVUeDBDTjlKcHdmaTZETktxZThqclA1QjFvMDM3bjdXeGR2ZzA2VEVvaWNVaGJWZ2N2dlVNZGg4VnAxRnRQZ0cxSWVfM3ZfM2U2WXFPXy1yaDhMQkdza1J3dkdMbGZVUUtLblpRX3VuVTdDRURfbkJ5cVFhLWNRbGFpcWlBUjNDWGt0UWhralY3cER2RjRVWmdJdFlnbll4RQ?oc=5) · Chicago Sun-Times
- 2023-03-20 [Bank Robber Who Fired Gun Found Guilty, Faces Life For 3 Robberies - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxPa3dxUmJXSGhyZ05SYWl1VXcwdnVoLUtFUzczTmdqMUU2dHNBNUZSSFVaU25lZGFHaXlLTDlRLVVHQUVtcWNEVVVYOXVwWGtjZS1fZl9YN1Z0alZ0SlFfMW0tYTk0Y2ExM3BaX3VtRWdOLWdKZk03UWhCLUlrRlROd2NaRDdVSUxERDFJc2lLNW14dEdtc2t2dFpjSQ?oc=5) · Patch
- 2012-10-12 [Fred Abdula Obituary - Gurnee, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE5xVk5jQmkwWjQ3WWFLcU9LOXBDamdpLTlnampaRmN6MEoxZW51UkZCSTFLS0podWI5ZUpSbllfWkY2YWJKbkx6NFlrVHFiQUIzZFFUWFVZaWhuUkplSlhkdW4tZm9iNzA0WngzSVpZZ21Yc05Pc3FHX2lfeWc?oc=5) · Dignity Memorial
- 2018-12-11 [Comings & Goings: First Midwest to acquire Bridgeview Bank - Chicago Tribune](https://news.google.com/rss/articles/CBMinwFBVV95cUxOZTNHVFBNT2NENEpvQmZVVm0xODYyQUc4aHA4UVBXQ1ZzaUMxSkdISkpDVHA0THUxWHZ1MFJ2NHAyUzlZaUtfY0x6b2I5aVdFVlRvMWFmV282bjVOLTBqODVxSGRBLTJTREZOU08tV0RvRDNFOGxuU3BpeWNaQVhxTXVDRm1heUtnLUZya0FBRWhRYjZxeVlXZ1lnLTgyLTA?oc=5) · Chicago Tribune
- 2021-10-30 [Terri Benedict Obituary (2008) - Chicago, IL - Lake County News Sun - legacy.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxQYnBrRkxsRkx3WkpOakg2QVBvYTVCblZnUl85SXV4TTlfUzhRSkNFc2NoTTh6RGQya1picmhucUR3ZEhPeFdzX0FydzNTTGwxSXFMS01OcmU2ZEtrTWJ2bU9tc2Fia1c0a1ZuZXdGMzVXbjVZSGlTQ1hKUHdxOFN0bDZaM2kySVpyR3Bha1AzQjZ3SWJacTlvSXBaR3dQNWs?oc=5) · legacy.com
- 2018-07-06 [Duo arrested for robbing Gurnee bank with AK-47 - Lake and McHenry County Scanner](https://news.google.com/rss/articles/CBMimgFBVV95cUxOMmNYalpOQm92aGVaNlJVTERjNzhTZGFJYmNWY1JfclB2YkFWX1NtT1MtOERFRW1MeGpHSjVSLWEwa0V5dWJ2TEZsUVhHRTBFLXJINjhSR19lc3dUVjhBWjF4b3ZxRWsxX2ZLbXVjZGFROHVKNjFkeXQ3Sm1aVndJVTFZLTB3bGRNQkJRdmpaTUhTTnNjN2tWaG1n?oc=5) · Lake and McHenry County Scanner

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18626 (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/2.json (key "18626", 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