# FMS BANK
FORT MORGAN, CO · FDIC certificate 23764 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $324.8M | |
| Deposits | $291.8M | |
| Loans and leases | $263.0M | |
| Total equity | $30.7M | |
| Loans / deposits | 88.72% (p68 of band) | 82.04% |
| Liquid assets / assets | 14.96% (p16 of band) | |
| Uninsured deposits / deposits | 21.46% (p34 of band) | 25.97% |
| Brokered deposits | 2.77% | |
| Wholesale funding | 2.77% (p46 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.85% (p30 of band) | 10.81% |
| Unrealized securities loss / equity | -8.37% (p49 of band) | -8.10% |
| AOCI / equity | -0.90% (p25 of band) | |
| ROA (annualized) | 0.20% (p5 of band) | 1.28% |
| Net interest margin | 5.50% (p98 of band) | 3.91% |
| Efficiency ratio | 74.59% (p82 of band) | |
| Noncurrent loans | 1.71% (p85 of band) | 0.43% |
| Net charge-offs (annualized) | 1.21% (p99 of band) | |
| Reserve coverage of noncurrent | 90.52% | |
| Real estate % of loans | 66% | |
| Construction % of loans | 34.56% (p42 of band) | |
| Auto loans | $596,000 (0.23% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.9% | |
| Employees | 60 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 2 | reserve under noncurrent |  |
| 2011-09 | 1 |  | reserve under noncurrent |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 | reserve under noncurrent | wholesale funding >15% |
| 2012-06 | 2 | wholesale funding >15%, capital falling | reserve under noncurrent |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 | reserve under noncurrent | wholesale funding >15% |
| 2013-03 | 2 |  |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 | noncurrent p90 | capital falling |
| 2014-06 | 1 |  | noncurrent p90 |
| 2014-09 | 1 | charge-offs p90 | reserve under noncurrent |
| 2014-12 | 2 | capital falling |  |
| 2015-03 | 0 |  | charge-offs p90, capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 2 | charge-offs p90 |  |
| 2019-03 | 1 |  | capital falling |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | capital falling |  |
| 2020-03 | 3 | noncurrent p90, reserve under noncurrent, construction >100% equity | charge-offs p90, capital falling |
| 2020-06 | 3 | charge-offs p90 | construction >100% equity |
| 2020-09 | 4 | capital falling |  |
| 2020-12 | 3 |  | capital falling |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 |  | charge-offs p90 |
| 2022-06 | 3 | construction >100% equity |  |
| 2022-09 | 2 | AOCI drag >20% of equity | noncurrent p90, reserve under noncurrent |
| 2022-12 | 1 |  | AOCI drag >20% of equity |
| 2023-03 | 0 |  | construction >100% equity |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | uninsured deposits leaving |  |
| 2023-12 | 2 | capital falling |  |
| 2024-03 | 1 | reserve under noncurrent | uninsured deposits leaving, capital falling |
| 2024-06 | 0 |  | reserve under noncurrent |
| 2024-09 | 1 | reserve under noncurrent |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 | charge-offs p90 | reserve under noncurrent |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | capital falling |  |
| 2026-03 | 2 | losing money | capital falling |
| 2026-06 | 2 | reserve under noncurrent | losing money |

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

- 2024-10-08 [Andy Montgomery taking reins at FMS Bank - The Fort Morgan Times](https://news.google.com/rss/articles/CBMijAFBVV95cUxPaXR1QnVUZ2F0TTFlckthNUpKZGlzVW1ELWdnV3MyXzRicThVeFpNalJwQ0RWVWhRYzk0YXFBVU9nNUQtVkFqcUxQU0JnRGJVVkJQUUxyUjRHUGJPaG1KVXJ3aWNQSkVLOGJaTzdXMDM1Y3MxS3JvXzhybWJJUXYya01wZWItN0xndGZhXw?oc=5) · The Fort Morgan Times
- 2020-01-31 [FMS Bank appoints Amy Lovell new chief financial officer - Greeley Tribune](https://news.google.com/rss/articles/CBMioAFBVV95cUxNMVpMRGYwUlFuSms3VXhjVTlQa25DdHZoSXlnS2o1ZVZlckwwbXVmQjhpbzVDWDRsMzliOTEzRHZkbVFEM2dhNURqTjEtWUtkR3Y2aE5tRDdRUUlHWXlhTDl3NFhYTzRrdTdOZGhrSUl3aDEzNXdRXzNIQ0lxRmY4ampGVXdHU3dQSzlPSTZWWHZ3ZUJTSUpXZHJVWUs0aDRs?oc=5) · Greeley Tribune
- 2025-09-15 [Northern Colorado bankers worry about stablecoin legislation - KUNC](https://news.google.com/rss/articles/CBMingFBVV95cUxPU2QtalNKcHlTY2FRWUdvR1dCN0NlVXBBOU04RXdBbVJrUFRhakFnRmdUZE4wWlUtdXZ0QTFfSENMTXN0WUxKN183Wldfb3RKTUQ5ekp1XzdBQnhWMExrd1hXZmphckJ0bnk3ZlZBekNDaGlQY3FNOVNIbnpaWXhxUEpxbFJmaXJ1OFhOcGs3TTFndG1mYmI2aFBvX0hrQQ?oc=5) · KUNC
- 2026-09-03 [Bankers optimistic despite economic uncertainty, fraud threats - bizwest.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxPQUxFeXhkeEJkd19vakVvYWg2YzNBZWpCcUdvbXNtRUhRelBUQzBubDVCZ25lTUxET0Zna3BGWW90a2FQTUhULTBrMmtucjZublFhQ3pUUnpYSjAxM1pKM281RkEzbFdHc2Q5elVRUFktRGhVclpKV05fM0FKNHdjWE00OG01WUNtY2hmUjU4emNFa1F1WW9sSw?oc=5) · bizwest.com
- 2026-07-23 [James Leroy Smith Obituary Apr 28, 2024 - Clark Funeral Homes](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFAwVUxWZlNnRUpxdFBDZG1iMW9SdlVaY3h2SlZ1QlhvOU9lcFFzZGJXeEQyV1ZoeG9xNm9sTTJ0d0ZaekZRd2l6NmpIOERVTnVHUWtlZGJBLVozdTh2N1dLTmw4ckhVTXc?oc=5) · Clark Funeral Homes
- 2019-07-22 [How one bank plans to grow its SBA lending program in Colorado - The Business Journals](https://news.google.com/rss/articles/CBMilAFBVV95cUxOb05WaWdxYnBONDNHRzUzVTN2YnJ3bHR1T3d4V3V1eVluYmx5anBwb3hZLVZJYWhvZ0Z2c3RESDhNNFNQbEJ2X1lBdXFPU2pzcnNjZUY1ZVE0RlRTSlgyRlRqY2R4NjBWaHVISmloaHJxU1I2Mk1KYmxZMkcwa2RiTG45RjNCVGxSdE1XaDVwZm13ZTRa?oc=5) · The Business Journals
- 2012-04-07 [Fort Morgan State Bank now FMS Bank - The Fort Morgan Times](https://news.google.com/rss/articles/CBMihwFBVV95cUxPeGE0Z2FuXzhDcDlBRHJOaVEzUXRWUnl6ald6QnJFYkRTOURVUEdvYkZ5d0ZJTGVfNGIwN0doNDJEQ1ROckZxYzVqNWZ6UGdwU1YyQmRUelVrdFF6ZEJvSEJjMnpQaDZLeWV4OEpMZHF3dDZJdlQzcjdYdUpiUFBJY0ZmV3NPdk0?oc=5) · The Fort Morgan Times
- 2020-02-13 [Austin Elsey joins FMS Bank as chief credit officer - Greeley Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxNMFg0Ry1oSEhkWEYwb293SnZFbWVBRVhSWFpTRlJtVUZNbS1fR0JwTFZwU2lnQUJ4Z01qaDNGOUF0RWVnYlh6a1luRFRZbnZnSDhUZ2c3THhUakdrSTE0bm1KVXI5Mk9FN2dTLXo2cmZXRnB2SGxyeTdTZXZVNDhBSjg2UWo0VGwzVmxnQ2VlRmZ3VjJEVEdpWEpn?oc=5) · Greeley Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23764 (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/20.json (key "23764", 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