# MCFARLAND STATE BANK
MC FARLAND, WI · FDIC certificate 2476 · asset band $300M-1B · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $585.0M | |
| Deposits | $445.8M | |
| Loans and leases | $462.8M | |
| Total equity | $78.3M | |
| Loans / deposits | 103.82% (p91 of band) | 84.67% |
| Liquid assets / assets | 10.42% (p5 of band) | |
| Uninsured deposits / deposits | 13.37% (p16 of band) | 22.09% |
| Brokered deposits | 7.45% | |
| Wholesale funding | 17.55% (p92 of band) | |
| FHLB advances / assets | 10.09% | |
| Tier 1 leverage | 8.66% (p8 of band) | 10.64% |
| Unrealized securities loss / equity | -0.53% (p17 of band) | 1.01% |
| AOCI / equity | -0.42% (p23 of band) | |
| ROA (annualized) | 0.30% (p11 of band) | 0.99% |
| Net interest margin | 0.69% (p0 of band) | 3.64% |
| Efficiency ratio | 42.34% (p4 of band) | |
| Noncurrent loans | 0.10% (p16 of band) | 0.56% |
| Net charge-offs (annualized) | 0.00% (p37 of band) | |
| Reserve coverage of noncurrent | 9.98% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 66.92% (p75 of band) | |
| Auto loans | $289,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 7.2% | |
| Employees | 72 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 3 | wholesale funding >15% | liquid assets <10% |
| 2011-09 | 3 |  |  |
| 2011-12 | 4 | noncurrent p90, charge-offs p90 | wholesale funding >15% |
| 2012-03 | 5 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2012-06 | 5 |  |  |
| 2012-09 | 6 | uninsured deposits leaving |  |
| 2012-12 | 6 | liquid assets <10%, charge-offs p90 | noncurrent p90, uninsured deposits leaving |
| 2013-03 | 4 |  | reserve under noncurrent, charge-offs p90 |
| 2013-06 | 1 |  | deposits shrinking, assets shrinking, liquid assets <10% |
| 2013-09 | 4 | liquid assets <10%, deposits shrinking, assets shrinking |  |
| 2013-12 | 4 | wholesale funding >15% | liquid assets <10% |
| 2014-03 | 2 |  | deposits shrinking, assets shrinking |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | capital falling |  |
| 2014-12 | 2 |  | capital falling |
| 2015-03 | 4 | liquid assets <10%, charge-offs p90 |  |
| 2015-06 | 2 |  | liquid assets <10%, charge-offs p90 |
| 2015-09 | 3 | liquid assets <10% |  |
| 2015-12 | 4 | capital falling, construction >100% equity | liquid assets <10% |
| 2016-03 | 2 |  | capital falling, construction >100% equity |
| 2016-06 | 4 | liquid assets <10%, construction >100% equity |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 5 | capital falling, uninsured deposits leaving | construction >100% equity |
| 2017-03 | 4 | construction >100% equity | capital falling, uninsured deposits leaving |
| 2017-06 | 4 |  |  |
| 2017-09 | 3 |  | wholesale funding >15% |
| 2017-12 | 3 | wholesale funding >15% | construction >100% equity |
| 2018-03 | 2 |  | liquid assets <10% |
| 2018-06 | 1 |  | wholesale funding >15% |
| 2018-09 | 2 | wholesale funding >15% |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2019-09 | 1 | loans exceed deposits |  |
| 2019-12 | 2 | wholesale funding >15% |  |
| 2020-03 | 5 | NIM <2.5%, reserve under noncurrent, uninsured deposits leaving |  |

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

- 2024-04-10 [Evergreen closes, reopens as McFarland State Bank - hngnews.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQMUhSdFAzdTYwa3d6cWlZRDF4eTNNMDBpcmp2QUJMZEFzV05KSHM1M3lJUzBWY1lESUZaa3Vza0hOdS1QVHhwOG5Xd3J5N3JNTW5JMzk3VGZ6amg1NGNES2sxR0lZR1dMdnhfN19lcUR0NEpOOVFfdmhqWWhwVGNveXVpbUZiUUNpWENVLVpwZ3V5MzlSUmFaR1dnUG14LXUzYm5QVy13VVJxVl8tWDVIVUNVVm5DNkw3TmtYa2FmUzVkTG4tU2NpbC1ZLVpMZFpmZnp4S2o1VVVvTXlB?oc=5) · hngnews.com
- 2020-10-19 [Two banks become ‘One Community Bank’ - Oregon Observer](https://news.google.com/rss/articles/CBMiygFBVV95cUxOTVJGSDFOX2pIeWt3LTNyLWM5OWpEbEtqTHdncVFDNUN5Y0JZWTkwdm1nWjdvQm9yM0pDRjJjMjJkNE1CTlAwa1J5WDZlb3g1ZklYUVcteTVuaXcwYWVpOE4tMG9SWnhFNjM3My1rTVN6OEZ5blpwSjJ0NThibi1VejhITWprbUZ5bHRhRUVQLUF3UEd1ZkkyT1I0RGJUSWdndWg2R2ZEQklLTzJhWE1TbG9lOGJZYUx4MmM1ZUZ1R0Z5cXUxWjZNSUhn?oc=5) · Oregon Observer
- 2019-10-07 [Bosshard to reach $1B in assets after McFarland State purchase - American Banker](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQRnRUeXU4XzBMOEFJUG1OMDVMOE40c3MzUVdtMjFGLUZzNEM1dEFqeDMyYmZHNTU0SVU5QlJWQ3ltSUFrM1djSlB4aGgxTTdVVzRlOUEyRnRSeU4zWDV1M2xoSmRPZDFoLThYVVEyX2pxeGJSNFZfaXJ2NWxSNW1hN0RZOEk2YS1aeXBjbzdxcE1xdDJ4T2k2LTR1dDloeUhlSTQyOGlkSl8wNVU?oc=5) · American Banker
- 2024-08-08 [Obituary information for Joyce Joan (Johnston) Dean - Gunderson Funeral Home](https://news.google.com/rss/articles/CBMigwFBVV95cUxNR0llY29LUElCaGNDLUJ1eUhBTmcwdUV5R1JhN3BTZ2NTOXNIZVlfRTVPN1RUODZhYjJ5M3lBd0QtNlR4cE01RU9yTXlVdTFGaHQ1eldwTzNkUjhVS0tIMmdpMmU2dGhkelB2Um9lQkdNVElxQ0lsZll1RGo0TEkzYjc1aw?oc=5) · Gunderson Funeral Home
- 2020-08-15 [Margaret (Ellestad) Stolen Obituary Aug 15, 2020 - Cress Funeral and Cremation Services](https://news.google.com/rss/articles/CBMiekFVX3lxTE1KUFJIR0pJMUhLYm1PdVNwbjMxSTZUV21Pc2pMNGF2T1pSdVNvWThtSzA4ZExBZTJnenJCbi01YnVIYTZCYk9TMWYySmYzemRQbzdxRi1oR3U1MWZBYS1UbjktRGtRMFF1TFNCNFZDUlVFWmprTDhta3h3?oc=5) · Cress Funeral and Cremation Services
- 2019-05-04 [City Hall moves after century in iconic building - stoughtonnews.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxPTkFxMng3UXYxMG5WRnBuR0VRbkpiV08zLVdVVnRSdjJROUp1Q1FudVZTVnhJQW11Mno2bWxOLUVEaGtKY1pWNFhSNVVhcUczMThWZjNGSDVuSjNiMWxEVG1QZDNiN2VsS3JHcUxjT1psbGotbU1kV1BlX0ZBR1RaSHB6ZzZqdHhxSGVWQ1o5NlpSRm9DaGlhbjl4TDliMkFrS1ZWY2lkZFI4UEpmZnJuN3AzSGI2OTI5Rnd3Q0RENjI3LW05a3NMUlRObkE3UQ?oc=5) · stoughtonnews.com
- 2016-08-13 [MCFARLAND STATE BANK WELCOMES DAN CAREY - Wisconsin State Journal](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNcjNvaVhCSEJHcWEzSXhWU29YOXJkYXYtNnF6V3ZVUDFOMW1Cd0NYRVkxd1J0QVBaekZTelBpYmlaVlNlZWFobl9obDlLODBncWtwOFN4d3ZOTktnZVBuR1ZOb0d1R3lxZG5vUnhUeXNGVkdIRGJIVEZ1MzYwUTVUNEF2MHZKdTVqdC1mcUZyM3gwdDBBbGhpLWtkSmJQUTFsQmpUMUZQU2hBVlR6U1VkN3Y0aDNnQ2c5bVgtSnZ2bjctZUFsT3lRX1o1OEhocENZQVJWMWpMVGZnWHFlRWhR?oc=5) · Wisconsin State Journal
- 2015-09-22 [More than just Monopoly: Two McFarland State Bank employees want to show how board - not bored - games can be exciting and community-building - hngnews.com](https://news.google.com/rss/articles/CBMinAJBVV95cUxPNlNhTXJyZmlSZFEyLV9RLWdYVDZUVUJ3Z0pveElES3RjcWZyZHFtNVA1X2ZvSnFNWUlDRkdwZVk3Z0wyYkFvejBDS3dmV0hiQXJjU3dwX1ozRUprM2Vra09WNVZDaHplWF9pM3BOLVN2Y3FyMVZWWTJmc1FLajhGS1laUmZiVVZpTkdaclo0Q1UtOEZzQUhtNnhndUZjbjYxSHBDNFFuY0taRWN0TExNbGhtSTc2dks3ZVMzV21jVnJTQWpVUVNhR25iaWRJVEo3Vmw3RHdJZDBKR1cwUExodGV1YnFyTnVlal92c1VjZENaOUNWOFNUUFVuSko5UWJia2FxQnJrRjNqRVd2aTU5WGY1aWxlcmp3NmxPbg?oc=5) · hngnews.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2476 (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/44.json (key "2476", 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