# ELKHART STATE BANK
ELKHART, TX · FDIC certificate 19487 · asset band <$300M · latest filing 2015-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 11 (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 | $42.5M | |
| Deposits | $40.7M | |
| Loans and leases | $8.9M | |
| Total equity | $-501,000 | |
| Loans / deposits | 17.10% (p3 of band) | 70.43% |
| Liquid assets / assets | 78.31% (p97 of band) | |
| Uninsured deposits / deposits | 5.43% (p14 of band) | 13.33% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 2.79% (p0 of band) | 10.49% |
| Unrealized securities loss / equity | – | 1.32% |
| AOCI / equity | – | |
| ROA (annualized) | -4.15% (p0 of band) | 0.80% |
| Net interest margin | 3.28% (p33 of band) | 3.57% |
| Efficiency ratio | 149.64% (p99 of band) | |
| Noncurrent loans | 3.84% (p92 of band) | 0.77% |
| Net charge-offs (annualized) | 3.29% (p100 of band) | |
| Reserve coverage of noncurrent | 578.72% | |
| Real estate % of loans | 13% | |
| Construction % of loans | – | |
| Auto loans | $37,000 (0.41% of loans; DQ 70.27%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | -26.2% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **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 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | capital falling |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 3 | noncurrent p90 |  |
| 2013-03 | 3 | losing money | noncurrent p90 |
| 2013-06 | 5 | expense ratio p90, noncurrent p90, charge-offs p90 | capital falling |
| 2013-09 | 4 |  | expense ratio p90 |
| 2013-12 | 5 | expense ratio p90 |  |
| 2014-03 | 5 | capital falling | charge-offs p90 |
| 2014-06 | 6 | leverage <7% |  |
| 2014-09 | 12 | leverage <5%, AOCI drag >20% of equity, securities losses >30% of equity, charge-offs p90, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2014-12 | 11 | deposits shrinking | AOCI drag >20% of equity, securities losses >30% of equity |
| 2015-03 | 11 |  |  |

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

- 2015-05-03 [5/3 Business connections - The Lufkin Daily News](https://news.google.com/rss/articles/CBMisAFBVV95cUxPMl9nWmdKY0hhTU9jeHptd1pybUVJMW9Zb1lnRS1MT2k5a1hNTFFXUlZvWWhJTkpYSTNIS2Z1X01zOUhVdTg1c3pqS0JvbFRuM25Cci14cWljdDdHMk41anVnVzJhRk1nX0ZfdGZPY0lXYnhTcl9wWjNycmdWNHZiTHRZYUxPWmVsWlN1dTdWUl8zdmVBdl9WbWhLUlN5OXNxcWtBNUhFQ09vajd3UklubQ?oc=5) · The Lufkin Daily News
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2023-03-29 [Rena Faye Dupree - messenger-news.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTFAyLUdlZENfa0tfZzhaWGNYTC1RdlJucDYzcnN5VjhXT21TRTdoYkN5M1d2TWhpTjRQbXdySFVMbWxkam1OLW9xR2RqdW9KVEcwbDgtZVF5LUowemRqalBjS0NlY05OQQ?oc=5) · messenger-news.com
- 2026-02-01 [Sherry "Warwick" Keeling Obituary (2026) - Palestine, TX - Rhone Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQdXMzbFkyMVkwV3psNUtkbkluT0hKNG5VeGx0ckdOd3hxSHMwMjZOeTA3djdsNzVUZmRmNGppLTcwdTdyc011WHJzaEtqaU85T2VsQnZRMlY4aDdSeGNRbXVrdzlra0hNQU0tMlM2TG5Pd3dFWkhrbW45RkI4Z0NlOWNVTQ?oc=5) · legacy.com
- 2018-09-05 [Faith, Family and Future Focus: EISD Welcomes Dr. Smith as Superintendent - messenger-news.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxPUzlJX1ZmLVFwTDBwcGQ0QWZKUFdzbUpsa2plcmdVUXFxcm9KNTZrZENKS1VhV1h1R3ZFaEdZMGtMc1pmLWVpRkw1XzZyUnRvU200QzlVSmhDTVgwa0lhUHFRX2U0VTE4eTZ2aVNIbXdVcUpNRGRZb0JpemVtOFZDeVZOQld2Qk05UnQ4dTcyaUhfOXA3YnZKQU1nRktGeEVtM1BnemtIQV9fYUV6LVE?oc=5) · messenger-news.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=19487 (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/31.json (key "19487", 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