# CITIZENS EXCHANGE BANK
FAIRMOUNT, IN · FDIC certificate 195 · asset band <$300M · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $56.5M | |
| Deposits | $49.0M | |
| Loans and leases | $26.1M | |
| Total equity | $7.3M | |
| Loans / deposits | 52.33% (p20 of band) | 72.92% |
| Liquid assets / assets | 52.88% (p82 of band) | |
| Uninsured deposits / deposits | 5.94% (p14 of band) | 13.88% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.04% (p38 of band) | |
| FHLB advances / assets | 0.04% | |
| Tier 1 leverage | 12.39% (p72 of band) | 10.70% |
| Unrealized securities loss / equity | 1.03% (p47 of band) | 1.19% |
| AOCI / equity | 1.29% (p76 of band) | |
| ROA (annualized) | -0.71% (p3 of band) | 0.83% |
| Net interest margin | 2.79% (p12 of band) | 3.64% |
| Efficiency ratio | 123.99% (p98 of band) | |
| Noncurrent loans | 4.87% (p96 of band) | 0.70% |
| Net charge-offs (annualized) | -0.04% (p10 of band) | |
| Reserve coverage of noncurrent | 33.23% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 6.01% (p32 of band) | |
| Auto loans | $1.2M (4.69% of loans; DQ 7.03%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -10.2% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **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 | uninsured deposits leaving | capital falling |
| 2012-09 | 1 |  | uninsured deposits leaving |
| 2012-12 | 1 |  |  |
| 2013-03 | 3 | capital falling, NIM <2.5% |  |
| 2013-06 | 2 |  | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 3 | noncurrent p90 |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 2 |  | NIM <2.5% |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 7 | losing money, expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2025-03-12 [Carol Nunn Obituary Mar 12, 2025 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMiakFVX3lxTFBSeUdBLXRneFVlTmNINVFKQnE0Q2M4VUllN0ZhTmhwZEwtc1d2aDZqcVl0Y2M3M2VCNVBfTWFFbDZtRkRyN3ZsYnhMZ25GVUVnS2UzVDAxclVPamV4ZnU1VXhEUC1ZdVV0NUE?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2018-04-20 [C&F Bank chief stepping down - Richmond BizSense](https://news.google.com/rss/articles/CBMicEFVX3lxTE1zZFd1WlU1LU81eEJYQTExUHhqMjEyVjl1UjFKcG0tLWJZdjF1eXg0aFplT3gteFRkWVVWSUhNNVozOW0xV1NRTXktY3NWcnZDTUd3ZFA3ZFIwTTc1VlVxOHpmSnk4ZXpFUkxMQnJCRm0?oc=5) · Richmond BizSense
- 2018-11-30 [Terri Lynn Blackburn Obituary Nov 30, 2018 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMid0FVX3lxTE9Ja0lsZ1h2dkhiUWQxZkU5WFZ6MkMzejZYeUk2X01OMFlzaGl6UjdjUWZzb1BOTklVdTl6TzRLRDNFdlZzOUlaam9KT05VZGtzYlhwTWdCSGM5cVZ5ZDljR3A2QTBxZFhONGcxclV0ME50V3Zpd3lj?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2019-01-02 [Local bank rings in New Year with CEO succession - Richmond BizSense](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQRHB4emVMQTVxcFo2MTZLdGNaN2NxQUEzVlZHTjFHNGNpYkJmOXBLLTQxWmFJalJNaTgxQ1NlcUp4QXZxd0stUHJ5MGNpaGhNTGJPb1VrOXI3b1gwUS1Fd2txazRCYTNWZFRMbklNY2UwUXZrXzRaVHRIZm9iSTZzd19Hb19CVTBM?oc=5) · Richmond BizSense
- 2013-12-03 [John Scott Summerlin - Obituary - Tifton, GA - BOWEN-DONALDSON HOME FOR FUNERALS - CurrentObituary.com](https://news.google.com/rss/articles/CBMiX0FVX3lxTE5KR2ZHaHV4N1hyTUpSb2IwRzhaSU42RXRueFgxQU53U2tqOG9sbF9scVRvc1J3aVZKWVNFTTNzWGdpcHp4cWtnSWZZXzdsbHJIUUhpc2s0eEFORHhYM200?oc=5) · CurrentObituary.com
- 2025-11-09 [Margaret Moore Obituary Nov 9, 2025 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMib0FVX3lxTE5sZWJXYzJ2MkczaUgteV9NRkMyT0w3NXVLb2VmUk1OdEVUdEt4OTE4Wkg2Tmt6eTgxcDNETXBPRUdlRVJ5QzEzQTIzR3J6djhKaV9KOTl3ZXVJeklXOGI4WDcwM1dweGZvMFh3Mkd2NA?oc=5) · Armes-Hunt Funeral Home and Cremation Services

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=195 (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/3.json (key "195", 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