# HEARTLAND TRI-STATE BANK
ELKHART, KS · FDIC certificate 25851 · asset band <$300M · latest filing 2023-03 · FAILED

**Verdict on the desk:** this could be *run candidate*. 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 | $139.4M | |
| Deposits | $130.1M | |
| Loans and leases | $49.3M | |
| Total equity | $8.3M | |
| Loans / deposits | 37.07% (p13 of band) | 65.77% |
| Liquid assets / assets | 58.61% (p82 of band) | |
| Uninsured deposits / deposits | 26.73% (p73 of band) | 19.70% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.08% (p19 of band) | 10.97% |
| Unrealized securities loss / equity | -80.19% (p10 of band) | -19.70% |
| AOCI / equity | 1.42% (p46 of band) | |
| ROA (annualized) | 0.86% (p42 of band) | 1.01% |
| Net interest margin | 3.53% (p49 of band) | 3.56% |
| Efficiency ratio | 71.04% (p58 of band) | |
| Noncurrent loans | 2.10% (p92 of band) | 0.18% |
| Net charge-offs (annualized) | -0.02% (p10 of band) | |
| Reserve coverage of noncurrent | 100.87% | |
| Real estate % of loans | 39% | |
| Construction % of loans | 0.00% (p8 of band) | |
| Auto loans | $2.2M (4.50% of loans; DQ 0.90%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.8% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | NIM <2.5% |  |
| 2012-06 | 2 | assets shrinking | NIM <2.5% |
| 2012-09 | 2 | uninsured deposits leaving | assets shrinking |
| 2012-12 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 4 | capital falling |  |
| 2014-12 | 2 |  | deposits shrinking, capital falling |
| 2015-03 | 1 |  | uninsured deposits leaving |
| 2015-06 | 1 |  |  |
| 2015-09 | 3 | wholesale funding >15%, capital falling |  |
| 2015-12 | 1 |  | wholesale funding >15%, capital falling |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 2 | deposits shrinking | capital falling |
| 2017-03 | 1 |  | deposits shrinking |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | reserve under noncurrent |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2018-12 | 0 |  | wholesale funding >15%, reserve under noncurrent |
| 2019-03 | 1 | reserve under noncurrent |  |
| 2019-06 | 0 |  | reserve under noncurrent |
| 2019-09 | 2 | capital falling, reserve under noncurrent |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 | noncurrent p90 | capital falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | noncurrent p90 |
| 2021-09 | 0 |  | reserve under noncurrent |
| 2021-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2022-03 | 3 | AOCI drag >20% of equity |  |
| 2022-06 | 2 | securities losses >30% of equity | noncurrent p90, reserve under noncurrent |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | noncurrent p90 | AOCI drag >20% of equity |

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

- 2026-04-06 [Kansas Bank Collapse Becomes Fourth Bank Failure This Year - KBRA](https://news.google.com/rss/articles/CBMisAFBVV95cUxNdzdDVUJoamNSU21GNmo1N2JuUS1vRDdYT29yd1MwT0pOdjBlOU1xSjQzNUlWUDNNZVdBYTBhUlUyRGFFb184bGlkemZoa3hkQm9XYWZnc2VDVUtWM3F2OWlhUVdGY0F0aGJtZ0tXdlQ3ZUFHMEF4X0d2UHNCdkZuQlVFLWlxekpIeWpxOW1IcTJabjRFN3NoaXpVbElJeGRjZWlmUzU3ckc1UlVwbGRfQQ?oc=5) · KBRA
- 2026-05-20 [Crypto scams are devastating, and this Kansas sheriff wants action now | Opinion - Wichita Eagle](https://news.google.com/rss/articles/CBMieEFVX3lxTE5NVmY5Z2VsMWRkbGJkSUNoYUJJQjZ6OUM4ZzNHZGtLU3J2cmttN1ZjdTRaVE5zV1h0ZjZuNm40elp1NUhlX0FyWnFVcVlwMWlKZlNOaHZBT0d5akVwWGpOS05PNTFoYVJLXzVDR0x1bExuc291b2loadIBeEFVX3lxTFAwbFNRRmFqd3lkNnhLTThBaDZzV25BN0NEd2xUdVNaSGg4Tmc4djhlRW1kLTk3Y3MyZlZGS1FwazN4QUxsanJBTUR0WHZNd3BwaWw4VUdmcVlobnJYY2dlNDAybl9hWXBXSWh4d3FRNVVPZzVLT0JTVQ?oc=5) · Wichita Eagle
- 2025-08-07 [Failed Bank Information for Heartland Tri-State Bank, Elkhart, KS - Federal Deposit Insurance Corporation (FDIC) (.gov)](https://news.google.com/rss/articles/CBMinAFBVV95cUxQUUpMdHBVQnFpZ2RYYW5OUmEzdGVrNUQ0MF9ZMEtTaVZuQUcwdTROa1dJTmtjc2ttWXdlYjlkWWVsN1Rpd3NpVEo3bWNCMldRQ19SN0xjQVlTbFRfWWlwYkdNXzJQbHljRXFjNTlLdEVGNU1yeFBTSzg2ZkpaWEZBUGtpbFVwbTVQcURjMk5IWWhxZWVsTklFN0xYUDc?oc=5) · Federal Deposit Insurance Corporation (FDIC) (.gov)
- 2025-03-26 [FBI Recovers Money Swindled from Kansas Bank's Investors - fbi.gov](https://news.google.com/rss/articles/CBMirwFBVV95cUxPTFc5TThoVXhlVkxxTWJUWk5BRGZVaVFMcEpVcE1zS3B0STVZcjRFeVRfLTVrX1VpYW1JR1BHa2JnMzF1aGp4SDhORHFINC16a0pMZm9vNU85elZKQUtYNlV0NUZoNmgxeFVsWDBoUUw2d3B0TUg1d2ROTlBSMExPaktEd1Z1TjlqQmZsbml4cUhKOXZoVnMyZU9GY21seWtrNXI5WjRVc0RsZDRXNVhj?oc=5) · fbi.gov
- 2024-02-08 [Ex-Heartland Tri-State CEO charged with embezzling $47M in crypto - Banking Dive](https://news.google.com/rss/articles/CBMixwFBVV95cUxQX0RLQWhJLXFvM3I0NVhrbHpCLWdOQmlNblQ1b1lmamVNbGRYR0ExRm5ZdmRXbnRidkxMeGMzX0JuMUlKd2liS0E3R2xxNzRCbEZnaFc3X1FkM2FoMS1TQWpmcHJFeEVLSVdVY3FJSDJKMy14UWRqd1BLcXdFbTBtVlo2VGN1UXdxQktyRnVqajdVdGF0cGxXYl9XVGZNa1E5ZVM5bl9xMWZnTmVqQkR1LUxZaF9VTEt1STVpM3EwSmpSaHhrWXln?oc=5) · Banking Dive
- 2024-04-07 [A bank failure shattered trust in this Kansas town. Only honest talk will heal it. - Kansas Reflector](https://news.google.com/rss/articles/CBMivAFBVV95cUxPRG84bXJDbW13T2Y2Tkd4ckh2UzhDN1dnTl9zSG1PRXhWRnp1N3B3allFWFhwc0hZTmdOYm8wZ3JfSUVBc2dqN3JfdkFMMU5uYUFFS2ZIQnlMazczOFh4T2pNNE5md2JwYXg5STZmTGJPSGI2aGZIVEZTMHZIX1JrZnZvbWNSYV9nVVRhV1NLWVMwbllaeEYyR1JLSUZhRDJid1ZwcHMwQlk5ZzFueDRTTFplY3RGQy1MRl94eA?oc=5) · Kansas Reflector
- 2025-02-28 [The Cryptocurrency Scam That Turned a Small Town Against Itself (Published 2025) - The New York Times](https://news.google.com/rss/articles/CBMilAFBVV95cUxOZ1l3RGR5cHFycFppZ2ZvVWtMbGlabGJHTFpvWnBGVjc3OWtMYThSTU05RXkzUl9JRUdaTjBOQzc1bFo2aXg2M0JXRGpRY0hocDd1TFg5WXpaeTBwVHVqRDZCU1AwekpLYlExMDd2VlBLaW1YZGhHRUktb0wzMHo2aFlCbDd5elRVME5KYnJuSWVZX0Jw?oc=5) · The New York Times
- 2024-08-21 [Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years - CNBC](https://news.google.com/rss/articles/CBMiigFBVV95cUxNbFNvZDVRNEQ5NE5kN1ZhVVFWZEx5Q1JLX1QzYkE3NHJjdTJZdmxPNDBSOTBRWHByRnlxSmpPX2djT25iSkRySm55MVRXNVhfUUVnS2NPVnJMWlFpWkEtTTZvdENRc1FqbkJLZVU0NHdVM3RXeUpWYTF2LVJueXFvb21BZ1hjUXYwdFHSAY8BQVVfeXFMUHo0R253TXR4b0xtaWhZWm9mUkt6ZzNHam5KcUZpMlJ2X3pGSU1vTnczVWNfXy1aOXRzR3A0cGdBaDRva05mY1JTS2ViQUF2Q043WDRYRWV5ZzcydWloNkxGdnJpSl9UcjRNUDhSckk3eE44cjVhOEdpaW5nMDJGRjRMOEFfb18zM3ZSQzkzTEk?oc=5) · CNBC

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=25851 (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 "25851", 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