# SOLON STATE BANK
SOLON, IA · FDIC certificate 232 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. 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 | $122.5M | |
| Deposits | $90.3M | |
| Loans and leases | $86.6M | |
| Total equity | $27.9M | |
| Loans / deposits | 93.80% (p86 of band) | 73.59% |
| Liquid assets / assets | 27.04% (p36 of band) | |
| Uninsured deposits / deposits | 19.98% (p51 of band) | 19.81% |
| Brokered deposits | 5.72% | |
| Wholesale funding | 8.70% (p83 of band) | |
| FHLB advances / assets | 2.45% | |
| Tier 1 leverage | 23.00% (p92 of band) | 11.76% |
| Unrealized securities loss / equity | -5.45% (p55 of band) | -6.57% |
| AOCI / equity | -0.48% (p45 of band) | |
| ROA (annualized) | 0.05% (p7 of band) | 1.17% |
| Net interest margin | 4.76% (p85 of band) | 3.93% |
| Efficiency ratio | 39.60% (p3 of band) | |
| Noncurrent loans | 11.69% (p100 of band) | 0.36% |
| Net charge-offs (annualized) | 0.63% (p98 of band) | |
| Reserve coverage of noncurrent | 19.03% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 28.60% (p63 of band) | |
| Auto loans | $790,000 (0.91% of loans; DQ 6.08%, NCO 0.06%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.8% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | noncurrent p90 |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | noncurrent p90 |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | noncurrent p90 |  |
| 2012-09 | 2 | capital falling | noncurrent p90 |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2013-12 | 6 | noncurrent p90, charge-offs p90, assets shrinking |  |
| 2014-03 | 2 |  | deposits shrinking, uninsured deposits leaving, charge-offs p90, assets shrinking |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | charge-offs p90 |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 1 |  | noncurrent p90, charge-offs p90 |
| 2015-06 | 2 | noncurrent p90 |  |
| 2015-09 | 3 | capital falling |  |
| 2015-12 | 4 | charge-offs p90 |  |
| 2016-03 | 3 |  | capital falling |
| 2016-06 | 2 |  | charge-offs p90 |
| 2016-09 | 3 | charge-offs p90 |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 |  | noncurrent p90 |
| 2018-03 | 4 | capital falling, noncurrent p90 |  |
| 2018-06 | 3 |  | noncurrent p90 |
| 2018-09 | 0 |  | reserve under noncurrent, charge-offs p90, capital falling |
| 2018-12 | 4 | noncurrent p90, reserve under noncurrent, deposits shrinking, uninsured deposits leaving |  |
| 2019-03 | 1 |  | noncurrent p90, deposits shrinking, uninsured deposits leaving |
| 2019-06 | 4 | noncurrent p90, deposits shrinking, uninsured deposits leaving |  |
| 2019-09 | 1 |  | noncurrent p90, deposits shrinking, uninsured deposits leaving |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | noncurrent p90 |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | noncurrent p90 |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | noncurrent p90 |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | capital falling |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | AOCI drag >20% of equity |  |
| 2022-12 | 4 | deposits shrinking |  |
| 2023-03 | 5 | assets shrinking, uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 6 | charge-offs p90 |  |
| 2023-09 | 6 |  |  |
| 2023-12 | 5 |  | assets shrinking |
| 2024-03 | 2 |  | deposits shrinking, uninsured deposits leaving, charge-offs p90 |
| 2024-06 | 3 | capital falling |  |
| 2024-09 | 2 |  | capital falling |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | deposits shrinking |  |
| 2025-06 | 4 | uninsured deposits leaving |  |
| 2025-09 | 4 | wholesale funding >15% | uninsured deposits leaving |
| 2025-12 | 5 | uninsured deposits leaving |  |
| 2026-03 | 2 |  | deposits shrinking, wholesale funding >15%, uninsured deposits leaving |
| 2026-06 | 3 | charge-offs p90 |  |

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

- 2021-09-22 [Donald Milver Erusha - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMiX0FVX3lxTE51ZmVlMl9NYWZwMG8wMXZKYWJlVXpQZ3V5aFZXZkFNZVdEVFUwaDdBeFJDdWtrTkRlb3RabTl2N2dBYkF5ZTFRLS1FZ1pMV18zWmpMMEVVbVRpTlY5Z25B?oc=5) · Iowa City Press-Citizen
- 2017-03-09 [Coralville man faces theft, forgery charges related to construction project - thegazette.com](https://news.google.com/rss/articles/CBMi7AFBVV95cUxQSGw2UDczR0EwQkFzcWltQkNkblpBUHNqOWdPbTFObFBQbmNZWjAzRVpySGFJVEM5NnVvVkctOGdPdjJZSVBOT1g5cWVySUthV0U0SzdvdFNNY2VxWDhDaWRfendCLVEySDNyc1dIanVOMlR5MVYyUkF6TEkxeE1udHdyQkxnY1RhbklxRFBPZUVobDlkaVFuVDJTS3hYdGY1b20yMF91c0Rta3RMOU16RDNrY0hzVVhKY3haNXI0bk9YWWdFX1VwTHFzZlhuamN2eWE0WGpIaW9xSlJ0Qlpzb1FGNmFObXVRcTNUTA?oc=5) · thegazette.com
- 2017-02-24 [David Brown - Cedar Memorial](https://news.google.com/rss/articles/CBMib0FVX3lxTE5wYnJhSzRaRjh5OHJjeFVjdDZxRjNKMTdkWDVhVGpHb0lZRWZJYTZzZFlwOXkwSTlVcWpoQ3ZpUDNaWTJldjRtUVJWY1gxTS1LVDhRejZVVGlpRXdLSEpjQ2tMRHh6UEx1d2sxMGY4OA?oc=5) · Cedar Memorial
- 2024-03-21 [Allan B. Eich Obituary (2024) - Manning, IA - Ohde Funeral Home - Manning - legacy.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE4wYk1jbzQyc1pzaXkzRFQ0aFBXalh4VEZkczdjSF9hZlFqMGtFYlVrY21tR09IWkNzVGRpN0I1M1FqYXgyMFEzNTNLUmZJZHRDZEVWTFRSZm1qOVU3S0hMQjl3ajVDR0VHYVRXZWdBOEVFN1Z6WXpxa0dlTk82Zw?oc=5) · legacy.com
- 2017-10-31 [Bradley Beuter Obituary - Phoenix, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxOTnhvbFk5bzQzQ2VKRFlidkN4MU16QjlySEpMb1g5T25oOERrSnpGd2dUaVJPSThBSEk3N0UtRzRPQy1ZeGJPSFdSMlVnVDVlUDlVMk9PbFJZZnZKRkQyakZoVWhIYnl4ZDg2bHJEUjJqZ3JMd1pLX0FETU5QZmY5ejVn?oc=5) · Dignity Memorial
- 2024-01-03 [Michael J. Scheetz Obituary - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMiYkFVX3lxTE1ZZVlTQWZXZEk2ZkljbjFTTDlnNjk5SnpkRHJtRDZ1ZFNqMV9VXzRWTTc3eW1DdTh4RjVOa0JzYmgtYlZIWWpmdjM3aEJHcDE3VkVNemtIYlJwT2w5Q01xdjhR?oc=5) · Iowa City Press-Citizen
- 2020-10-26 [Constance Lunde Obituary (1938 - 2020) - Solon, IA - The Gazette - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPRVBCa0dvdjBTVlNJY05od0RucFJ0VWRmRHNadWFSMUdUZTVXdnBWbXJsSUNWZm56NHJoRjlHYlA1bFoxUWVOUnlmLW13R0lZT1NqTkd2eThmdU55ZHlrZlM4TXVWZFloMjNUUEFQMnZoOWN0ejkwQS1raUhldWc3dHNNYkVqMF9acnVacEZSQ19RQQ?oc=5) · legacy.com
- 2010-08-04 [Samuel Stahle Obituary (2010) - Cedar Rapids, IA - the Iowa City Press-Citizen - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNUkNwZWpkanRfRnJMM0l6X3VCMm9ZM3JBTGxDalBpSmh0dVpwQnRsbHBIWS0xb2Z3Q01sZklPOVh1Y3FUaFo5TWdRUjFQa1ZkVThxOXRuMHF0QnFoVXFMZjYyLUJTUXgtZEtIWFBnYnF2OE1hUE1YcFNfT3Q4VmdWRHdTVlV4THpGSjYwNzlfNUxzcHRp?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=232 (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/40.json (key "232", 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