# MANSON STATE BANK
MANSON, IA · FDIC certificate 223 · asset band <$300M · latest filing 2022-03 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 5 (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 | $42.8M | |
| Deposits | $40.2M | |
| Loans and leases | $13.5M | |
| Total equity | $2.6M | |
| Loans / deposits | 32.47% (p12 of band) | 59.63% |
| Liquid assets / assets | 67.71% (p89 of band) | |
| Uninsured deposits / deposits | 11.33% (p17 of band) | 20.09% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.96% (p43 of band) | 10.37% |
| Unrealized securities loss / equity | -75.87% (p2 of band) | -10.87% |
| AOCI / equity | -58.74% (p2 of band) | |
| ROA (annualized) | 0.26% (p19 of band) | 0.73% |
| Net interest margin | 2.07% (p10 of band) | 2.97% |
| Efficiency ratio | 87.83% (p79 of band) | |
| Noncurrent loans | 3.88% (p97 of band) | 0.26% |
| Net charge-offs (annualized) | 0.00% (p52 of band) | |
| Reserve coverage of noncurrent | 81.07% | |
| Real estate % of loans | 49% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $231,000 (1.72% of loans; DQ 2.60%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 12.5% | |
| Employees | 7 | |

## Flags firing in the latest filing

- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | NIM <2.5%, uninsured deposits leaving |  |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 4 | AOCI drag >20% of equity, deposits shrinking, assets shrinking |  |
| 2014-03 | 3 | uninsured deposits leaving | NIM <2.5%, AOCI drag >20% of equity |
| 2014-06 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2014-09 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2014-12 | 1 |  | deposits shrinking |
| 2015-03 | 0 |  | uninsured deposits leaving |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2017-06 | 0 |  | assets shrinking |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | uninsured deposits leaving |  |
| 2018-06 | 0 |  | uninsured deposits leaving |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | reserve under noncurrent |  |
| 2019-06 | 5 | noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-09 | 3 |  | deposits shrinking, assets shrinking |
| 2019-12 | 3 |  |  |
| 2020-03 | 2 |  | uninsured deposits leaving |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | NIM <2.5% |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 3 |  | capital falling |
| 2022-03 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |

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

- 2025-02-01 [Obituary information for Roger Lee Loerch - Gunderson Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMihAFBVV95cUxQT1AzOUVHek5ickpFVVNPekN2YjdWZUd2TWk0cmRRVVFlRlMwT2hDdmRyLUdtS0VFTUtWaENCTG1NSms2cm0zSE5TNW43QWNlTDRNbDc3b1o2TjFwWXBvNEtNNExJQU1HWTZESXUyTWdYVjgzVzM0NVB4cXpkN21RQy1FT1Y?oc=5) · Gunderson Funeral Home &amp; Cremation Services
- 2025-01-16 [Obituary information for Pamela 'Pam' Jean Goeders - Gunderson Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMijgFBVV95cUxOcy1DUU53MUJ1dVBEakpiNWpZc0dNaVRldXBFX0ZtMEJabFBZMFJMSFVqOUM0RU5XLVVHY2l0NTExQ0FCdml0dGp5U0tjVEJ0d0h4YzlHZU93TGg2OXdWbVVxN1VZYjQwaE14eDR6UjB2Ni1Dc0JWNFdJWGhPeHA0dDFEcTlSQ1QzektmZThn?oc=5) · Gunderson Funeral Home &amp; Cremation Services
- 2020-01-31 [Starting from scratch - - Messenger News](https://news.google.com/rss/articles/CBMiggFBVV95cUxPZTZQaDdJM0ZvbVJUOFREb2s5S0NvbkZ5ZjRhRnNZYV9QV0poeU8zY2NaWTRYZkNXQXVJYjRNN1ZFZnQ2YXZBREl3UzZsVEJfS3dpVFRKR0xsVEV1QWloTU41ZE1IZndoM0k3VUhfUVhZNjN3MXRrMmprQmZNZVp5TVRn?oc=5) · Messenger News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=223 (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 "223", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide