# WHITE OAK STATE BANK
WHITE OAK, TX · FDIC certificate 20707 · asset band <$300M · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $96.7M | |
| Deposits | $78.3M | |
| Loans and leases | $58.4M | |
| Total equity | $12.0M | |
| Loans / deposits | 74.48% (p63 of band) | 68.02% |
| Liquid assets / assets | 30.72% (p39 of band) | |
| Uninsured deposits / deposits | 5.81% (p32 of band) | 8.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.11% (p73 of band) | |
| FHLB advances / assets | 6.11% | |
| Tier 1 leverage | 7.21% (p6 of band) | 10.05% |
| Unrealized securities loss / equity | 0.00% (p8 of band) | 3.01% |
| AOCI / equity | 0.00% (p47 of band) | |
| ROA (annualized) | 0.11% (p16 of band) | 0.76% |
| Net interest margin | 0.38% (p1 of band) | 3.75% |
| Efficiency ratio | 65.61% (p31 of band) | |
| Noncurrent loans | 0.00% (p5 of band) | 1.21% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 79% | |
| Construction % of loans | 40.85% (p76 of band) | |
| Auto loans | $2.1M (3.65% of loans; DQ 1.36%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -15.0% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | leverage <7% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | capital falling, uninsured deposits leaving |  |
| 2012-06 | 3 | deposits shrinking, assets shrinking | leverage <7%, capital falling |
| 2012-09 | 1 |  | deposits shrinking, assets shrinking |
| 2012-12 | 3 | NIM <2.5%, deposits shrinking, assets shrinking | uninsured deposits leaving |

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

- 2012-02-27 [George William Moody - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxOZUk3WE9KTVJzZ3kwczRhT0taczI3SUN0UE5FeWxNMUNKbWZleEtSUldGY3J5Z01ONW9sa29HT0tjMlVEekpKS1hQcjNrckZYc1VXTlJROEFRNWN5VDBvTU1CaTNHOU95NkVsRnFWY1U2dW5WVzk5UlpIVWNJZGg2OG9ENmo0Mkd1dy1jd1FpcV9mZw?oc=5) · Legacy obituary
- 2022-06-06 [Tina Moody Bryan - Legacy obituary](https://news.google.com/rss/articles/CBMifkFVX3lxTE5NVWkxTDlUbDlOVUJ5VGVGYURORF9nZUo0NlV1ZTNnaVQtc0VSeGJld1hRbVg3cVlzMnR5U04tdjBJUF9FNFhNbndFblBtNnk3SjRfU3QxLWV0SjFjZVl0bzNVaHNLNlg1WUc4cjJreVFvNUZUY3ExbGFleDJmZw?oc=5) · Legacy obituary
- 2011-04-28 [Jo Ann Arthur - Legacy obituary](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPYVNVU011SGRjU2hpZkVrczdtbjZyalVhZ2ljTDNsX2lwZEtIbmRHWTNmZS1GNGVnb004cS1Edk9KWFh0ZmVGcElndnpjUDFnX3JIWEZPX2dWeHYtdVdwbVpudnlmRXBTYTNBc0huM2hOX1VuWW9wYW5mT0xxWGRwcUp0SmpQSEMxTG9B?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=20707 (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/35.json (key "20707", 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