# FIRST BANK&TRUST OF MILBANK
MILBANK, SD · FDIC certificate 26638 · asset band <$300M · latest filing 2015-06 · stopped filing (departed)

**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 | $158.5M | |
| Deposits | $133.0M | |
| Loans and leases | $113.5M | |
| Total equity | $19.7M | |
| Loans / deposits | 84.34% (p71 of band) | 72.67% |
| Liquid assets / assets | 25.08% (p32 of band) | |
| Uninsured deposits / deposits | 14.65% (p57 of band) | 13.36% |
| Brokered deposits | 1.19% | |
| Wholesale funding | 4.32% (p63 of band) | |
| FHLB advances / assets | 1.26% | |
| Tier 1 leverage | 11.46% (p64 of band) | 10.53% |
| Unrealized securities loss / equity | 2.64% (p85 of band) | 0.18% |
| AOCI / equity | -0.28% (p45 of band) | |
| ROA (annualized) | 0.97% (p60 of band) | 0.82% |
| Net interest margin | 3.80% (p62 of band) | 3.60% |
| Efficiency ratio | 63.42% (p26 of band) | |
| Noncurrent loans | 1.97% (p78 of band) | 0.74% |
| Net charge-offs (annualized) | -0.01% (p18 of band) | |
| Reserve coverage of noncurrent | 60.28% | |
| Real estate % of loans | 60% | |
| Construction % of loans | 17.94% (p54 of band) | |
| Auto loans | $2.7M (2.35% of loans; DQ 0.15%, NCO 0.00%) | |
| Loans to nondepository financials | $342,000 (2% of equity) (p97 of band) | |
| Deposits YoY | 4.7% | |
| Employees | 22 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 | charge-offs p90 | reserve under noncurrent |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | charge-offs p90 |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 1 | reserve under noncurrent |  |
| 2015-06 | 1 |  |  |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26638 (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/14.json (key "26638", 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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