# WASHITA STATE BANK
BURNS FLAT, OK · FDIC certificate 22430 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. 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 | $44.3M | |
| Deposits | $35.7M | |
| Loans and leases | $30.2M | |
| Total equity | $6.5M | |
| Loans / deposits | 83.39% (p68 of band) | 73.59% |
| Liquid assets / assets | 29.95% (p44 of band) | |
| Uninsured deposits / deposits | 15.15% (p32 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.52% (p71 of band) | |
| FHLB advances / assets | 4.52% | |
| Tier 1 leverage | 14.60% (p75 of band) | 11.76% |
| Unrealized securities loss / equity | -2.27% (p69 of band) | -6.57% |
| AOCI / equity | -0.39% (p50 of band) | |
| ROA (annualized) | 0.20% (p9 of band) | 1.17% |
| Net interest margin | 4.35% (p70 of band) | 3.93% |
| Efficiency ratio | 92.18% (p91 of band) | |
| Noncurrent loans | 3.34% (p93 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 45.93% | |
| Real estate % of loans | 60% | |
| Construction % of loans | 12.54% (p43 of band) | |
| Auto loans | $772,000 (2.55% of loans; DQ 11.01%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 7 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, NIM <2.5% |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 7 | losing money, expense ratio p90, deposits shrinking, assets shrinking |  |
| 2012-06 | 9 | capital falling, uninsured deposits leaving |  |
| 2012-09 | 8 |  | uninsured deposits leaving |
| 2012-12 | 7 |  | deposits shrinking |
| 2013-03 | 4 |  | losing money, expense ratio p90, assets shrinking |
| 2013-06 | 5 | noncurrent p90, reserve under noncurrent | capital falling |
| 2013-09 | 5 |  |  |
| 2013-12 | 6 | capital falling |  |
| 2014-03 | 2 |  | NIM <2.5%, noncurrent p90, reserve under noncurrent, capital falling |
| 2014-06 | 3 | NIM <2.5% |  |
| 2014-09 | 4 | capital falling |  |
| 2014-12 | 4 | deposits shrinking | capital falling |
| 2015-03 | 3 |  | deposits shrinking |
| 2015-06 | 2 |  | brokered >10% |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 3 | deposits shrinking |  |
| 2016-09 | 4 | assets shrinking |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 5 | uninsured deposits leaving |  |
| 2017-06 | 4 |  | uninsured deposits leaving |
| 2017-09 | 3 | capital falling | deposits shrinking, assets shrinking |
| 2017-12 | 7 | losing money, noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2018-03 | 4 |  | capital falling, losing money, charge-offs p90 |
| 2018-06 | 5 | assets shrinking |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 5 |  |  |
| 2019-03 | 5 | deposits shrinking | assets shrinking |
| 2019-06 | 5 |  |  |
| 2019-09 | 7 | capital falling, losing money, charge-offs p90 | deposits shrinking |
| 2019-12 | 10 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2020-03 | 7 |  | capital falling, losing money, charge-offs p90 |
| 2020-06 | 7 |  |  |
| 2020-09 | 7 |  |  |
| 2020-12 | 5 |  | deposits shrinking, uninsured deposits leaving |
| 2021-03 | 5 |  |  |
| 2021-06 | 4 | losing money, expense ratio p90 | wholesale funding >15%, noncurrent p90, reserve under noncurrent |
| 2021-09 | 4 | deposits shrinking, uninsured deposits leaving | losing money, expense ratio p90 |
| 2021-12 | 3 |  | NIM <2.5% |
| 2022-03 | 3 | capital falling | uninsured deposits leaving |
| 2022-06 | 2 |  | capital falling |
| 2022-09 | 1 |  | deposits shrinking |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | deposits shrinking |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | assets shrinking |
| 2023-12 | 0 |  | deposits shrinking |
| 2024-03 | 1 | capital falling |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 | uninsured deposits leaving | capital falling |
| 2024-12 | 4 | reserve under noncurrent, deposits shrinking, assets shrinking |  |
| 2025-03 | 5 | noncurrent p90 |  |
| 2025-06 | 5 |  |  |
| 2025-09 | 3 | capital falling | uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2025-12 | 1 | expense ratio p90 | reserve under noncurrent, noncurrent p90, capital falling |
| 2026-03 | 2 | losing money |  |
| 2026-06 | 5 | noncurrent p90, reserve under noncurrent, deposits shrinking, assets shrinking | losing money |

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

- 2022-08-16 [His bank bet big on bad loans, now he’s running for state treasurer - The Frontier](https://news.google.com/rss/articles/CBMipgFBVV95cUxQQmhfZm9YcU5wZlFweXFaM3Z0aGhHN214NnYtMGt0UUdaQ29qanM0Zk1rTVhIVWhjeW84dTJCclVONWMzVzlETllObXlOOEtnSUdwNG04U05MV0Z6UTE4dnE4SlhnT1Q4YWoxTGVsdHdqUGJ2OXctaGMyWFRsN0VITGJCckU3d3N3SWgzbGJmanViWkZIWEFKdWFHcFhPZkdHZVhqWmNR?oc=5) · The Frontier
- 2022-08-18 [Todd Russ defends banking record as Oklahoma state treasurer candidates trade barbs - The Oklahoman](https://news.google.com/rss/articles/CBMi2AFBVV95cUxPQUd0dDJuYXljandJdGNWMVhKOTVzQ0JHRjVIRGVaQWVWY3lCUXc4bGJzaXNaeDNWSVliN09SWldMVkY2UldCTjVFaE8wejREeENyVkJzUElISUtLQkszQThJSkE1THBJUE92SGh4d0VMYjNZV0R1aHdnMjRKOGNyVXZBTVdFUXdQVEZxekNCczltVXJkNUU5WERyak1OLW9sbXVBX0d1RnpnZXAxS2JqS0lGYlRZbHhhZXlGcFVDbUVJbF8tc3BKWlRxa25sWmcxSWo1bjd1SnI?oc=5) · The Oklahoman
- 2021-07-01 [Cordell legislator to vie for State Treasurer - southwestledger.news](https://news.google.com/rss/articles/CBMiggFBVV95cUxONDNCQzc1blJVd0lTS2dTUllUMGdoNWs1ZFMxSE5KT3Q4cmlndzBfUk1seVlpbVVCaHZzckg1VDFpNlJINFFEdnc0Z1VyY3VRaGhQemZSQ1dHV2I3THRvdG1hSmY1MEZQVGFPaG45Y3dEenctb1FUbDIyeV8tM2ZvUGNn?oc=5) · southwestledger.news
- 2025-05-05 [Staff Directory - oklahoma.gov](https://news.google.com/rss/articles/CBMieEFVX3lxTE95bmJDa0lCN2ZhUXBnWFJFcDB3RTN6S3ZZYVBNOGtfQ2RLZjhSVGZOcW9sZ21JUndoU1gwN0hoUDZfRFJJYUtkXzIxaDkwWHE2WnNwZnNrcDZ5ZTl2VkVyQkFoNXBHRHBsbkhoWW5NNUx4SHdaalYyYg?oc=5) · oklahoma.gov
- 2015-11-25 [Inside info: Bankruptcy filing claims that insider loan wasn’t reported - journalrecord.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxORm1EZC1NWWN5eEtzWFdheTVaNFBHWFlmMkR0Z3NFbVp3b2NHRkg2OGlSTld0anljN08yR19udTVXY2lIWEllbUJVeC1DLXVqWmp1dlltc3Z6UTY3b21jc2MzT3draTF1TndQRGhzdU1nZFI2ZzBFaW0wbVkwOGp1VzVhWHVLMjVvbWJxNmZPVC1JLWZzLUR1ZTZuQ2g0TjhVOHFXYjVwQmluRGVaOHlz?oc=5) · journalrecord.com
- 2026-06-10 [Two Republicans and a Libertarian aim to be Oklahoma's next state treasurer - KOSU](https://news.google.com/rss/articles/CBMiXEFVX3lxTE1WelpHMDd5WTV6UkhsLUF4S3ZBSGI3WExWLVRyYXFzTGxmUnNYMEM1Wlk5SmRUVmw2cnJqRE9UTjc1ZkRXcHV0NmR1UmIwcGNaYWxkWF9DWndwbFF5?oc=5) · KOSU
- 2022-08-19 [We fact-checked GOP candidates for state treasurer - The Frontier](https://news.google.com/rss/articles/CBMikgFBVV95cUxNaHVRYVFrcVFCaE5BeXNOaFlfbXEwX3dMcVJIdlM3WVlqN1hCa0hxdEpFYU1CazNsSzUwMDVqTE1PZ2JvQmNReXFnaXFlbVBrYnRIWVFCSkdITExOX3ZmSUF0TjlTMmZuejVVMVB1RVJTLTRXY3ZxXzZFUXQ1dlFTeXVkUVVEMVVFRkxzV2xtaGY1QQ?oc=5) · The Frontier
- 2021-06-29 [Rep. Todd Russ, Republican lawmaker and longtime banker, to run for Oklahoma treasurer - The Oklahoman](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOdXFvak1BUGdYaVN6TXVRTHFaOVlscm9PQVNnZ0h3V2ZHbjh3aGhaUTRwN1E2bGd6OEk4X1d0dllTd21JY1VzSHpBRXdGQUpyTUpYQTByVXQya21MY2pBalFHdUgtbXdYWW1tQnlveHB6bzVXMm9uUGpsdGVYcF9QZk9wQ0VCOVBiSVotZTJxelZSdlplVVpJSWthVl9NTF9nN3haTVZweXdpTjhEY0JQckMtQThwWEVqVGIxNHJfc0FhMkc5bngxcXJUMTlyNUgw?oc=5) · The Oklahoman

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=22430 (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/30.json (key "22430", 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