# FIRST SECURE STATE BANK
WONDER LAKE, IL · FDIC certificate 22971 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $305.6M | |
| Deposits | $249.3M | |
| Loans and leases | $200.8M | |
| Total equity | $38.0M | |
| Loans / deposits | 79.67% (p45 of band) | 82.04% |
| Liquid assets / assets | 28.99% (p62 of band) | |
| Uninsured deposits / deposits | 10.97% (p5 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.56% (p61 of band) | |
| FHLB advances / assets | 5.56% | |
| Tier 1 leverage | 13.03% (p79 of band) | 10.81% |
| Unrealized securities loss / equity | 127.80% (p100 of band) | -8.10% |
| AOCI / equity | -0.63% (p36 of band) | |
| ROA (annualized) | 0.64% (p16 of band) | 1.28% |
| Net interest margin | 3.88% (p48 of band) | 3.91% |
| Efficiency ratio | 74.88% (p82 of band) | |
| Noncurrent loans | 1.31% (p80 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p47 of band) | |
| Reserve coverage of noncurrent | 84.19% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 28.09% (p34 of band) | |
| Auto loans | $17,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 43 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2026-07-27 [First Secure Bank to hold free shred events in Johnsburg, Harvard - Shaw Local](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNRGpfMjV5UHQ0dmVUcnQ1a3FwSkpYR0kyUDBBeHJwdFY3UTdFa3RSQlhwLVV4WWVSTU9rWFAwaTdBVnVZa3pWOWdHN2tDdXhlMUc2aEctLVhoOGo5VWVZaTlZV0JJX2pBNHZlQWRQWlVSS3FnZWFpSjFtanRZTEk5N2ZvZkR2ZGVGWGpwYWFIUFRrM2xzN3JielM4dkE4c1BQUHpWSEE1VnRjVmNib0hEZDFFZkFlaE96TjRJ?oc=5) · Shaw Local
- 2026-07-16 [Joliet bank to hold free shred event on Saturday - Shaw Local](https://news.google.com/rss/articles/CBMipAFBVV95cUxNSWpCd3NsaWl0TWtuelhSb2hmXy1OSWxHeG5KNjg0ZHJfWWo4M3F3Rm40WnU4SmJhV2ltdkYtNzFJOG9wVFljTWpvWTkwOURyWWs3akx6S2FidlNURDNJeFpLRUx3MTE0YVZINVNnTDRlRXp0YTlFNkJkM1daSTViTWJrVGNPU05ST1NSdF85WjJyNFNyOV9kVWJESGZjUmNscjlfdA?oc=5) · Shaw Local

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=22971 (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/59.json (key "22971", 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