# NORTH MILWAUKEE STATE BANK
MILWAUKEE, WI · FDIC certificate 20364 · asset band <$300M · latest filing 2015-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 12 (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 | $67.1M | |
| Deposits | $61.5M | |
| Loans and leases | $41.5M | |
| Total equity | $3.5M | |
| Loans / deposits | 62.43% (p32 of band) | 73.15% |
| Liquid assets / assets | 27.17% (p39 of band) | |
| Uninsured deposits / deposits | 10.08% (p31 of band) | 14.12% |
| Brokered deposits | 8.35% | |
| Wholesale funding | 11.21% (p85 of band) | |
| FHLB advances / assets | 2.86% | |
| Tier 1 leverage | 1.27% (p0 of band) | 10.64% |
| Unrealized securities loss / equity | -1.11% (p12 of band) | 0.27% |
| AOCI / equity | -1.28% (p11 of band) | |
| ROA (annualized) | -2.88% (p1 of band) | 0.82% |
| Net interest margin | 3.40% (p36 of band) | 3.64% |
| Efficiency ratio | 166.86% (p99 of band) | |
| Noncurrent loans | 8.51% (p99 of band) | 0.67% |
| Net charge-offs (annualized) | 2.44% (p100 of band) | |
| Reserve coverage of noncurrent | 89.17% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 4.00% (p26 of band) | |
| Auto loans | $339,000 (0.82% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -8.9% | |
| Employees | 17 | |

## 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`)
- **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 | 4 | brokered >10%, wholesale funding >15%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 5 | capital falling |  |
| 2011-12 | 6 | losing money |  |
| 2012-03 | 4 |  | capital falling, losing money |
| 2012-06 | 6 | charge-offs p90, uninsured deposits leaving |  |
| 2012-09 | 5 | losing money | charge-offs p90, uninsured deposits leaving |
| 2012-12 | 7 | capital falling, charge-offs p90 |  |
| 2013-03 | 6 | expense ratio p90 | capital falling, charge-offs p90 |
| 2013-06 | 7 | leverage <7% |  |
| 2013-09 | 8 | charge-offs p90, assets shrinking | leverage <7% |
| 2013-12 | 8 | deposits shrinking | expense ratio p90 |
| 2014-03 | 7 |  | losing money |
| 2014-06 | 8 | losing money |  |
| 2014-09 | 6 |  | brokered >10%, wholesale funding >15% |
| 2014-12 | 8 | leverage <7%, uninsured deposits leaving |  |
| 2015-03 | 7 | capital falling, expense ratio p90 | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2015-06 | 12 | leverage <5%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-09 | 12 |  |  |
| 2015-12 | 12 |  |  |

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

- 2016-03-14 [Regulators close North Milwaukee State Bank - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMic0FVX3lxTFBXdVUzaXR5TXBPbk5CVEZ6MlVfY1N5U0pWZ29jUDRCcXdNSy1nVGVEZl9BbkN2TjdfSXUwempVUko3cERDVEs3d2JlaDlRNFNZQ1IwUzZlUjBjYm44dTFsQ3RWNUk0ZUROZ1k4d2w0c1U5NEk?oc=5) · BizTimes - Milwaukee Business News
- 2025-04-09 [Kilbourn State Bank: A time capsule of 340-million-year-old fossils - WUWM](https://news.google.com/rss/articles/CBMisAFBVV95cUxPSWkxb3hLWW5uZEFuRmQ2ZmEzSVg3SU1RVmlCTlBYRGl3dm1OekRMZEJObG44dmJzeFRVb3pqLXc5S2ptS3liRDh2ZTAzODVMeHY5NE96M3RDUDNMUXRtcGtKSTNHYndQa1Y2TmdRdjBCeS1vMmplLXpJVjQtT0o3SU1MYXFub19ZZGIyYmVGRFNCNkQ0TDJJMlNxLUxyVFVFdG1INWlNMWlETzJxY1FPVw?oc=5) · WUWM
- 2017-05-05 [Former Milwaukee bank president tied to troubled landlord files $4 million claim against city - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMi9AFBVV95cUxQN2hQYTZpdGdCWXhkT0JQeGhPTHBJSjJ2bWFyRWloR0ktck83SVgwOTViV2lOZWtVZE43TGNiQzRhak4yV1didjN5cElTZnpCbzZ3emJGeFM2RldFTDM0UWpQemhnOUtQXzU1LTJMWTByeXRESXB4WjdidElqVHB4ZnNxR2M3OVYtVmVsTzJ5dFJGSXZ0ck5EVHQ4a1JJbm5PaWYwbTdlNWtCLVBKVnBNOXpVV3hyQ0JpN2VHdHNocGRpLWNvYXlnTjNvR19tV21Pb0ZubTZpMGtrdGt0UnhYaEp4TUxMN3V3bFd4cG9GWUc4bFpj?oc=5) · Milwaukee Journal Sentinel
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-02-05 [Remembering a community trailblazer - TMJ4 News](https://news.google.com/rss/articles/CBMijwFBVV95cUxPM2EzN2FSRTNPTDNua09FV1ZWUXJfUUZLY09yUlQxLWVTMWFWOG1fRWltVHFWUnNxRGhfMHdxb0V0MElCUVljYi1LT1hoS2pIeHNPT0RlbWl4Q3B6dGVnMlQtSnYweWlGZHZ0eUZCWHRZbmEzdEhfaFMzcmN4eElzOGxwQms2UVhCYjg5ZzFJWQ?oc=5) · TMJ4 News
- 2026-05-12 [Dr. William Finlayson Leaves Lasting Legacy in Milwaukee After Decades of Service - The Milwaukee Courier](https://news.google.com/rss/articles/CBMiwwFBVV95cUxQbU5CZGxObk9WS1FpVDh2N1VFRERWOVhOdkdrYnlQYnBxTi1pbWUyV2VmNnlUaTQxam1kaEs4S3VhV2NwNkE1UTZWeHMzZXk1azFlc2RiT3ZTNGlPb09JY0RUdWkxaHBCaDlJREwwdHFlSU12Wjh4SV91Y0ItcEFmVkRRMFJfZ1IxXzUxM01fcmxycHlhTFhPeUkxVHM1T2V1VUpyVGszYllUYUt1NzNERFFxV212UDJGejRvd2hCOGZ0dUU?oc=5) · The Milwaukee Courier
- 2018-08-10 [Guaranty Bank acquirer First Citizens Bank to raise its profile in Wisconsin - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMivgFBVV95cUxNWldIZ2RBOFAxNThPb1ZER3hNZDN2cS1ROC03Z1ZtcGVzd1FZWXdUNENYOS1uM0hmRF9xblZtSUpVY2psTUJVcVBLaDJ3TmxPeW1GSmNrckVKOWRySkZCNUY2VXU1bzVfV3NvS2NhMGJkZGlOeThWX01SNGNXM01aMzFSUVN3bGd0bndPdnVVR3pPZktsMFNnVzVhX1JuMG5UYnRfUXRCemRaRkdCTzA1UjJXUldFMjdQbnBWb1BB?oc=5) · Milwaukee Journal Sentinel
- 2017-05-06 [Feds close Guaranty Bank; to reopen as First Citizens - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMitAFBVV95cUxOdWthS2V5dTZsT3pGQVcwRHQxbTR0WUNUSVpvWUN1UGo4T2U2T3BVOU5oMFJsTjBpVGFBNnRmZTlCUTV0Skx0ZHRyeWlfN3RpTjdfNUozN3MtZU9OZHlsOE9pLTN0OThaQ3o1WUt1NjVVZ2JNbG9QQ3Bhdm56OTdaWDAxUE5rLVpTOGo5S0NjOFI4TGlJVjJQMUFJLXZPSGMzYTlVOUVBa19GbUZ2VU9VajZidlQ?oc=5) · Milwaukee Journal Sentinel

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=20364 (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/12.json (key "20364", 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