# COLCHESTER STATE BANK
COLCHESTER, IL · FDIC certificate 18855 · asset band <$300M · latest filing 2023-06 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. 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 | $72.9M | |
| Deposits | $63.3M | |
| Loans and leases | $26.0M | |
| Total equity | $9.5M | |
| Loans / deposits | 40.22% (p14 of band) | 68.34% |
| Liquid assets / assets | 62.30% (p88 of band) | |
| Uninsured deposits / deposits | 28.98% (p80 of band) | 19.21% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.17% (p85 of band) | 11.20% |
| Unrealized securities loss / equity | -47.24% (p25 of band) | -21.45% |
| AOCI / equity | 0.10% (p41 of band) | |
| ROA (annualized) | 0.85% (p41 of band) | 0.98% |
| Net interest margin | 3.18% (p31 of band) | 3.56% |
| Efficiency ratio | 59.86% (p30 of band) | |
| Noncurrent loans | 0.02% (p30 of band) | 0.19% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 13375.00% | |
| Real estate % of loans | 74% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $1.3M (5.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -14.2% | |
| Employees | 9 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## 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 | 0 |  |  |
| 2012-06 | 1 | charge-offs p90 |  |
| 2012-09 | 1 | reserve under noncurrent | charge-offs p90 |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | reserve under noncurrent |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-06 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2014-09 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2014-12 | 2 |  | charge-offs p90 |
| 2015-03 | 3 | charge-offs p90 |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 4 | deposits shrinking |  |
| 2016-03 | 2 |  | charge-offs p90, deposits shrinking |
| 2016-06 | 3 | deposits shrinking |  |
| 2016-09 | 2 |  | deposits shrinking |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | charge-offs p90 |  |
| 2017-06 | 2 |  | charge-offs p90 |
| 2017-09 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2017-12 | 2 | capital falling, reserve under noncurrent |  |
| 2018-03 | 1 | charge-offs p90 | capital falling, reserve under noncurrent |
| 2018-06 | 0 |  | charge-offs p90 |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | reserve under noncurrent |  |
| 2019-03 | 0 |  | reserve under noncurrent |
| 2019-06 | 1 | reserve under noncurrent |  |
| 2019-09 | 2 | noncurrent p90 |  |
| 2019-12 | 3 | capital falling |  |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 0 |  | reserve under noncurrent, noncurrent p90 |
| 2021-03 | 2 | NIM <2.5%, charge-offs p90 |  |
| 2021-06 | 0 |  | NIM <2.5%, charge-offs p90 |
| 2021-09 | 1 | NIM <2.5% |  |
| 2021-12 | 3 | capital falling, charge-offs p90 |  |
| 2022-03 | 1 |  | capital falling, charge-offs p90 |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 2 |  | NIM <2.5% |
| 2022-12 | 3 | assets shrinking |  |
| 2023-03 | 3 | deposits shrinking | AOCI drag >20% of equity |
| 2023-06 | 4 | uninsured deposits leaving |  |

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

- 2025-05-08 [Why community banks increasingly choose credit unions as buyers - americascreditunions.org](https://news.google.com/rss/articles/CBMixAFBVV95cUxNcVdEMk9MZWNHTFJ6U29FSHpTd1BUb2dLLWh5azFGa3JzRFJzSC0xcGtxVW83NGNfTkJfOXI5V01zb3RiOVlRZ3hMem1LZWhXazNYeDE1SDhkUXBxaE8yVWtVLTFGRzF1MXBqWTJtRFBoUV9LRkl0NVJfNFYyOG45MEp6c2Q0ZHBHTzFmMmJrNFQ2eHdsQWpCcVRkYWtTMmJBSk92bG1tRFoxLU5TMnNEaDBzc09fU1BSODFzR3NjSHZ6M0hy?oc=5) · americascreditunions.org
- 2023-08-30 [Michigan credit union buys Chicago-area bank in August deal surge - Banking Dive](https://news.google.com/rss/articles/CBMixwFBVV95cUxPc1h5WlpLTXg1am5xSkJ0NzNUTjc0YTZQM3ZHd3NtN0pKbTVVREhScTNyUUtseXNQNFlSZG5YSU1OOVRzRmdXcXRqczMwVHdrMDRQSUJmc2gzamxQeHU1Vm84QU4xcWFIWVJXWk9aVGl2b3E2ckdtRWxfTTVjckZyMzdsbDZ4b2ViSHJsV2ppU3ViLWxhMENLc3I5eTZ6cXJqSXk0XzdrZWlmd0hXdXpTTWpWdlh4WGdRWGRsUW9xRmt3N0ZRWUQ4?oc=5) · Banking Dive
- 2023-01-04 [Illinois credit union to buy small community bank - American Banker](https://news.google.com/rss/articles/CBMinwFBVV95cUxNUHdrRmlsUFgxOWxGWXVtRkpvUmlYOGt3bUwtb1IwTGdvMzdvd1Y1UWlvdUxwU3E5WDkzR3N1WG5yQmE5WWFya2txYzA5Q0twbVI1MkVnRmQyMFA1bHVoVzA2b2hCSW5Ic2ZTMmluQW90Rk1qS2s1Yng1bGh2VEVvMzZmVVYzUlpfVlF4S3Y5Q3FOVlM2YVhadDR2S0pVYlk?oc=5) · American Banker
- 2025-01-24 [5 severe enforcement actions handed out so far in 2023 - S&P Global](https://news.google.com/rss/articles/CBMi2AFBVV95cUxONlZGeUpNLUpodU9xQTlvX1c2OFZNQ2lHa21yMkhNR3lfQmVUNVFlZ2tvUGpLU1ZrZUo0OU5NeXF4aGQ4UzdxU1pGSDFRWnZTeE1NNEpncXM2alY2ekZXeXRJS3N3OWdaOVg0Z3dzazY2eGwzN0Q1SjFuXy1ZbGNoV0pQbDBPcDU2WTVxdkxmcVdzY25WZzlPTHg3dWttN1RiQWRvbzBxeDhsWGpWa0pYR3F3Z0F4WGwxM0xaNC14eHZLb0FpSzdCOTZTOFpQbjF6d1RITEdDUHA?oc=5) · S&amp;P Global
- 2023-12-28 [Shaky economy slowed credit union-bank deals in 2023 - American Banker](https://news.google.com/rss/articles/CBMiowFBVV95cUxNTjVfS01SN213NXlGNlczd0JXYUFldDlTMkx3cTFKOTZYZDZabk5wenoyRmZJT0pva0VqUTUtNDExVGRDWTZyVEtTd3BKSXJ1dWNhbnl2N2xHZEVQb3Z5azF2SjFfU2cwNHNsRE9jcnNmTEJYWFo2S1J1RVpXQXZNNXcwcU1NVDJoUGRPdlNLbDl1a2dsNTNqSGJEdmxrMmhueERJ?oc=5) · American Banker
- 2023-01-11 [Michigan credit union eyes bank in sector’s 1st tie-up of 2023 - Banking Dive](https://news.google.com/rss/articles/CBMiogFBVV95cUxQTzdZX0dLVGR6Qkpub3ZTWWY4SzdybUZkOGlneU9qQlZweUxRWXZQTXo0NktRWl9QbDg3SFNSRGZ4Z09iZnN2cWpkeHdtRWVvU3FQQ3FPejc2UHY4WURhNWRHd0xSLS10OGRnTzdIQXZYWkJZMDA4RFNlUXVzTGgxY3cyVlQ4enZ4ZjhVUnZQTy1Zc1pEZGJEUlpmWS1tNXJicXc?oc=5) · Banking Dive
- 2026-03-25 [Dr. Robert W. "Bob" Jefferson Obituary - McDonough County Voice](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9zdmtWMWdHRjN5cDVKMGdGQXdQS240ZUw3U2NHZUJkZXlaektwTThtdmEyLVN6VlZhODl6QVZMbTRrQlhMUzZfc1Rmb0tER1JwcEZscHF0V3NyanFRZE5TeEJISQ?oc=5) · McDonough County Voice
- 2020-10-18 [Obituary for Larry L. Carson - jonesmortuaryfh.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE51MlJzYzdPTVZwLWZFSC1YSTVYU3lOSmwtN2oxaVZhWXlUaTFyTHA3ODhrMnVORHRvWEM0Q2lmSThiWnBLMEdFeTI1YkRmNTJ3QU52NWtOQTVsUjRWMGpzQmFHOA?oc=5) · jonesmortuaryfh.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18855 (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/39.json (key "18855", 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