# 1ST STATE BANK OF MASON CITY
MASON CITY, IL · FDIC certificate 22543 · asset band <$300M · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $28.8M | |
| Deposits | $26.5M | |
| Loans and leases | $8.0M | |
| Total equity | $2.2M | |
| Loans / deposits | 28.70% (p7 of band) | 63.26% |
| Liquid assets / assets | 72.40% (p93 of band) | |
| Uninsured deposits / deposits | 9.43% (p14 of band) | 18.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p24 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 6.79% (p2 of band) | 10.61% |
| Unrealized securities loss / equity | 11.32% (p98 of band) | 0.71% |
| AOCI / equity | -6.76% (p3 of band) | |
| ROA (annualized) | -0.56% (p3 of band) | 1.03% |
| Net interest margin | 1.65% (p5 of band) | 3.29% |
| Efficiency ratio | 132.46% (p98 of band) | |
| Noncurrent loans | 3.05% (p94 of band) | 0.32% |
| Net charge-offs (annualized) | 0.02% (p76 of band) | |
| Reserve coverage of noncurrent | 140.33% | |
| Real estate % of loans | 60% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $988,000 (12.42% of loans; DQ 2.13%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 16.0% | |
| Employees | 4 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, auto book souring |  |
| 2011-06 | 0 |  | reserve under noncurrent, auto book souring |
| 2011-09 | 1 | auto book souring |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 | reserve under noncurrent | auto book souring |
| 2012-12 | 1 | auto book souring | reserve under noncurrent |
| 2013-03 | 2 | capital falling, NIM <2.5% | auto book souring |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 0 |  | NIM <2.5% |
| 2014-03 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2014-06 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 1 | auto book souring | reserve under noncurrent |
| 2015-06 | 3 | NIM <2.5%, reserve under noncurrent |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 1 |  | auto book souring, NIM <2.5% |
| 2016-03 | 1 |  |  |
| 2016-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | capital falling, reserve under noncurrent | deposits shrinking, assets shrinking |
| 2017-06 | 2 |  | capital falling |
| 2017-09 | 0 |  | uninsured deposits leaving, reserve under noncurrent |
| 2017-12 | 1 | charge-offs p90 |  |
| 2018-03 | 2 | reserve under noncurrent, uninsured deposits leaving | charge-offs p90 |
| 2018-06 | 1 |  | uninsured deposits leaving |
| 2018-09 | 2 | uninsured deposits leaving |  |
| 2018-12 | 3 | charge-offs p90 |  |
| 2019-03 | 2 | noncurrent p90 | uninsured deposits leaving, charge-offs p90 |
| 2019-06 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-09 | 3 |  | assets shrinking, uninsured deposits leaving |
| 2019-12 | 4 | losing money, assets shrinking | reserve under noncurrent |
| 2020-03 | 2 | capital falling | deposits shrinking, losing money, assets shrinking |
| 2020-06 | 4 | NIM <2.5%, uninsured deposits leaving |  |
| 2020-09 | 2 |  | capital falling, uninsured deposits leaving |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 4 | expense ratio p90, assets shrinking |  |
| 2021-09 | 6 | leverage <7%, losing money |  |

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

- 2021-10-06 [Bobby LEAMON Obituary (1956 - 2016) - Mason City, IL - The Lincoln Courier - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxOaXNiM1lyTTNLd1dTQzYtYlJLZnpWclg0WEQyb3pmWXI1YTZBY2NPb3NUR0ZiMjB6aE9NaXFKRjB1ZlRyam55T3FYOXRzWnhFMm45YVZjNHVEMTN0NF85ejZfMlRYamJJRnBLczhLZFhCZUVDSWdfN2cwOHRyNWpES2hZNDQ0aDluYjc3a0h2cDV0cFE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=22543 (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/15.json (key "22543", 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