# FIRST UNITED BANK
CRETE, IL · FDIC certificate 20685 · asset band $300M-1B · latest filing 2012-06 · 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 | $328.4M | |
| Deposits | $316.9M | |
| Loans and leases | $173.6M | |
| Total equity | $7.0M | |
| Loans / deposits | 49.15% (p8 of band) | 75.98% |
| Liquid assets / assets | 39.09% (p72 of band) | |
| Uninsured deposits / deposits | 4.59% (p13 of band) | 12.34% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.80% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 2.08% (p1 of band) | 9.64% |
| Unrealized securities loss / equity | -0.20% (p5 of band) | 3.66% |
| AOCI / equity | -0.19% (p18 of band) | |
| ROA (annualized) | -2.29% (p1 of band) | 0.82% |
| Net interest margin | 2.69% (p7 of band) | 3.68% |
| Efficiency ratio | 115.98% (p99 of band) | |
| Noncurrent loans | 19.78% (p99 of band) | 1.84% |
| Net charge-offs (annualized) | 0.58% (p80 of band) | |
| Reserve coverage of noncurrent | 51.88% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 409.06% (p100 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -11.7% | |
| Employees | 93 | |

## 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`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **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 | 7 | leverage <7%, leverage <5%, losing money, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 |  |  |
| 2011-09 | 9 | expense ratio p90, charge-offs p90 |  |
| 2011-12 | 9 |  |  |
| 2012-03 | 11 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2012-06 | 12 | capital falling |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-02-11 [Durant bank celebrates United Acts of Kindness Day - kten.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxNdG9mRkJoU3UyUU5VaWlHeW5jbFVxYnJGMXZMZnRmamd2c3NudGtIUU5VNUJ5UGQyUXpOVlBnbjF5QkNwcGFzYWRpUmtHZTY2cjFsVS0yVkxraVRiUy1fWEhWREM0bmlTcENEQ0FaUWVxVDltSk5XSUd2QWVDM1BERnBNT1hHQzRiclFYLW1HNm40eHFxUFlqUms1OG1SNnk0TUdyeENNRDc5T1FISnEzUl80NURNQV9maDBIVllpMHlPN2FU?oc=5) · kten.com
- 2024-07-10 [First United Bank & Trust announces promotions within retail banking division - WV News](https://news.google.com/rss/articles/CBMi8gFBVV95cUxNX0RsNWo5MTJDaTBQeHBDM3g4ak1HWlA0MkRhblRQMy1GRjFmRDQyYzJaZ0s5TXc3QldYM0Mxa0U5VkdER1R3NTdoV3hmZ0R3aEpwaW1LN0ozeGp6VmVMX1dGMWo2T0liazdVWnBZUXNKUDJaRllOUTlUa0xneVJrM1k3VEdYT0luM2gyYXA2OF9JaEQ3bjFmdWgySUJVYl9yWXZhVnJHYkxTek9maWVMdGc3aVowZ3pielBpVGU1VE9YcWdHOENVLTJXdngtNGhveUF1SnJTVzNST003cjZZS1F6NE5TSExHN3BqcTlOaV9UZw?oc=5) · WV News
- 2023-11-28 [Best Banks to Work For 2023 with less than $3B of assets - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxQWmFXQ2d3bmkyWlhZZkZaOXVfM1pnZ2dUX2RISmVjbllTbWx6eXcyZjhjRVRuUF91Z1dvSW9XMTlkSGd5R0pIS2RJZF94cVJrRmxmc0Y5dUdTX1VDaVlRMFRhSFZLMGFEbVpOcDVZdFpjcVR0R2kwR3g0TXRYV2h0N2U1VkRvcnZKWUxaNlRLLTVkS0NScHc?oc=5) · American Banker
- 2025-01-06 [Featured Top Originator: David Medrano, First United Bank - scotsmanguide.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxOd2dhdWZyb2VlOUV0S3hqS3JGOWFRck9reDVPMmJtUlEyRGdNQWtOdVUtb0lIVExvUGVnNTlBSEMxSWJUQThFTUFUcVdQU3Rhemhad0NCR29KTEw1NmlKMUR5VE9FanNKOGFBQTBxNWNGcUJjckhrRGRHVC1RbU1iSDVxWnBISDlPemdQUHp4OWpJeEVSWVBJVXliUW9lQnc?oc=5) · scotsmanguide.com
- 2025-03-12 [Southeastern unveils plans for new football stadium - journalrecord.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPeV9YZHlCcjUtS2lLQWxTajZKQjgtVC16MmtBSVJkd2tVb1JYWHFETGd1T3VQQ3lqeHp1T1c0QlNNTlVoVWN3cEJkS3BIZFA3TjRWWkJtdmJTaWJ0QmYxVnFMU2xBdWRBclg4V2xuenVUVVJNX19HYXdGNVg5NHJtWmpZQnh1RmRyY0RUYXplOWQ1ajA?oc=5) · journalrecord.com
- 2018-06-18 [First United Bank announces new Sanger branch president - Denton Record-Chronicle](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNdW5lUjdFTWd5SzAzVXQyTDUtZ3FyNC1iVTd5a2FIcFhwdW9tcHBTSjctZ3V5SUNsV0dvWHVCdGNDSXY2NmNBY2ZSWTlIRGFrVl9zX3c5Y1JVM1ZIelpIV2xFdW15MGZJQUMtWWZCWFRHTjduZEFJYjQwYkdRay1tZ1ZLdFVmd25BT2N5ZndHZ2ZqMUZyN3IyYm5LaGI4MmxlRW1HZnVyczBMTkgwNFZBbGFhaTB5YUtSMmR4M0ZpTkdWdzY5ZS1pOWRQMnl0Y01F?oc=5) · Denton Record-Chronicle
- 2024-02-13 [Ecobat Hires CEO, First United Bank Names CFO, and Weber Shandwick Selects Dallas Market Leader - D Magazine](https://news.google.com/rss/articles/CBMi3gFBVV95cUxOdnhUWEN4Tnd1U0Q1QWhqUW5sLV9kUlptOTFSLTZkYUlLZldoQmpVWFNHbWdMRS1qZDktYXBqN1ZZblZOLUVjTWdlNmY0WWs5eFo2NVFTNXpUVGNzaTJGUTVvYkpZbDIxazZRUy1WZVNBLUVHY19EZV85emhyNWtNYmRNZk9pRDc5TE41VV9QcE1PZGtPS3pkOG5IeWZCX3NvWDIycFl6ZXVsanZ1UnBqVEd5TlB4TU1WcG5paHVIN1gtdm9za3Z3RGVGd3NCX2xqeU9wXzQ2VjdFWUtDMUE?oc=5) · D Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=20685 (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/13.json (key "20685", 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