# BEDFORD FEDERAL SAVINGS BANK
BEDFORD, IN · FDIC certificate 29024 · 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 | $303.0M | |
| Deposits | $261.7M | |
| Loans and leases | $244.1M | |
| Total equity | $30.0M | |
| Loans / deposits | 92.40% (p76 of band) | 82.04% |
| Liquid assets / assets | 13.94% (p14 of band) | |
| Uninsured deposits / deposits | 31.65% (p72 of band) | 25.97% |
| Brokered deposits | 4.95% | |
| Wholesale funding | 8.25% (p72 of band) | |
| FHLB advances / assets | 3.30% | |
| Tier 1 leverage | 9.96% (p33 of band) | 10.81% |
| Unrealized securities loss / equity | -2.26% (p78 of band) | -8.10% |
| AOCI / equity | -0.07% (p68 of band) | |
| ROA (annualized) | 1.60% (p70 of band) | 1.28% |
| Net interest margin | 4.16% (p64 of band) | 3.91% |
| Efficiency ratio | 49.96% (p19 of band) | |
| Noncurrent loans | 1.69% (p85 of band) | 0.43% |
| Net charge-offs (annualized) | 0.07% (p79 of band) | |
| Reserve coverage of noncurrent | 56.44% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 149.56% (p97 of band) | |
| Auto loans | $2.6M (1.05% of loans; DQ 0.82%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.7% | |
| Employees | 32 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 1 |  | reserve under noncurrent |
| 2011-09 | 2 | reserve under noncurrent |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 | uninsured deposits leaving | liquid assets <10% |
| 2012-06 | 3 | liquid assets <10%, losing money | uninsured deposits leaving |
| 2012-09 | 1 |  | liquid assets <10%, losing money |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | liquid assets <10% |  |
| 2013-12 | 1 | capital falling | liquid assets <10% |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 | liquid assets <10% | capital falling |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 2 | capital falling |  |
| 2015-06 | 2 | reserve under noncurrent | capital falling |
| 2015-09 | 0 |  | liquid assets <10%, reserve under noncurrent |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | reserve under noncurrent |  |
| 2016-06 | 0 |  | reserve under noncurrent |
| 2016-09 | 0 |  |  |
| 2016-12 | 4 | liquid assets <10%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2017-03 | 2 | charge-offs p90 | liquid assets <10%, deposits shrinking, assets shrinking |
| 2017-06 | 0 |  | uninsured deposits leaving, charge-offs p90 |
| 2017-09 | 2 | liquid assets <10%, uninsured deposits leaving |  |
| 2017-12 | 1 | reserve under noncurrent | liquid assets <10%, uninsured deposits leaving |
| 2018-03 | 3 | liquid assets <10%, charge-offs p90 |  |
| 2018-06 | 0 |  | reserve under noncurrent, liquid assets <10%, charge-offs p90 |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | liquid assets <10%, reserve under noncurrent |  |
| 2019-03 | 1 |  | liquid assets <10% |
| 2019-06 | 0 |  | reserve under noncurrent |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | reserve under noncurrent |  |
| 2020-06 | 0 |  | reserve under noncurrent |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | construction >100% equity |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | capital falling |  |
| 2022-12 | 3 | charge-offs p90, reserve under noncurrent | capital falling |
| 2023-03 | 2 |  | reserve under noncurrent |
| 2023-06 | 2 | reserve under noncurrent | charge-offs p90 |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | reserve under noncurrent |
| 2024-03 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2024-06 | 2 |  | charge-offs p90 |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2014-02-17 [New head of BedFed - The Times-Mail](https://news.google.com/rss/articles/CBMihAFBVV95cUxNT29COFF0VldwUHJ2ZEpZWWV1TlZ0N3ZGNVozSlU5UTFHQmxWNS1scGdNdndsSXJpdHV5R0VBdExRYkpjWC1JNkZHSURoOElkQ1k4ZEY5cVFtZDJRVThmeXNsNWFlN3dUMFhIc2k5SVN6Q3FiZjRuc0FTOVBhemEwR0FvZU4?oc=5) · The Times-Mail
- 2019-01-10 [Bedford's Jenkins Motor Shop coming down - The Herald-Times](https://news.google.com/rss/articles/CBMirwFBVV95cUxNMkFMdU84T3ZRbnlXQXJMalNpRFpmclpuOGM3RVNxcWc1Q3BBN1RsYnlFU2JmSG1SZ3NiVENra2xGQnREWkpZVHAwdG4zX0V0WURxY0d3dUNsYnZzbHZ3UXBHclpnT3hmM05oVUN1anZONy10UTk3LWtwaGg5VXloRHpRbWJPTTVIUks1a1dlamwtSF9sNEllRWQwMHktSE9iQUdkTVc2aEVScGRueks0?oc=5) · The Herald-Times
- 2020-05-11 [Robert Wyatt Furr Obituary May 11, 2020 - Tharp Funeral Home & Crematory](https://news.google.com/rss/articles/CBMibkFVX3lxTE5vZDl0Q2JPczd5M0pCU3BsOEQ4bmdEWEV0NzlBRS1oNjZHR2lRcS1rNVNzak9CYzFaSFZrT1czVDdUSlJsR3dMRk9pZy1oNEs5ZFJmOTRMckx1Ui1nckFNa1I1aHNaa3lGOE55UEFB?oc=5) · Tharp Funeral Home &amp; Crematory
- 2022-01-04 [Jeff Lytton seeking second term on Lawrence County Council - The Times-Mail](https://news.google.com/rss/articles/CBMiugFBVV95cUxPQnVWb2xFZkVwSl8tczBLNVlob284V1Fpa1I5NV9MMFpTdzFLdFNtVDV3RGVJbDlFNlFRZmlNWGg0U3JBSS0teFdlemJnamVrRVMwXzAtQmx5Y1dPSjkxX045akJNTWhJT3ppMFMyRjA2Wm1pVlN4aDhYSHRSdnZEUUxDSmtWUlNIWEhBdUV6NUl2dHliQ1hhTjQxamlLY1QyZEpLMXA0VGpsY21VTXV2RDlrcGl0LV82N1E?oc=5) · The Times-Mail
- 2022-07-06 [5 contestants vying for title of Lawrence County Fair queen - The Times-Mail](https://news.google.com/rss/articles/CBMiugFBVV95cUxNLTN0cDRxRmQyaGYtSnloTk1zWUxmRmhUcko5Y0lSTHBxa29oQ0ZOWTJEeklzRDB6SVB1LUQtWm9sbWtwLUtuenlZelVWSHFKM1hScGVZOTJNenI4T0tFTW5POXpvRnJjenBaNXRHY190cFNYX1BWTFR0UWE2SlYwN2FpalhnZFE2YVVmTnR2YUdTbXlwd2UwOGEwUm9sQkJNSno2eldfYnRnaEc4UlZfOWYwVkdIcDYxanc?oc=5) · The Times-Mail
- 2020-11-06 [Quarry art reflects gym's history - The Times-Mail](https://news.google.com/rss/articles/CBMimAFBVV95cUxPdjZoNVV1RTBQdnlYdUZGWGNwazhnSjFFd1R1OE1ZODREYzRhOC02c192Y0pjZ0tTNjNyeHE3bWNqRFozc0dnZUJaTmlWUHB0MFE0bzJNWXFybWVhbHpSMUotRzk2UVA2X0RubHRSQW9zSzdOWkEyWjJUX01wSVRjVEJPc2RCVWpwVFdRd3VqME13YXhvR24yZw?oc=5) · The Times-Mail
- 2013-07-14 [Local business briefs - The Times-Mail](https://news.google.com/rss/articles/CBMiggFBVV95cUxNRXRSNDVDYWNXNHhMaFVobTFzVWszanNBLXo5WGtmNzU5ZnVlTlVnUEZLbktYTjdHQWpibERMWXFiZ3JJajB0eUJmazJrei1WZHRXQTZSbTFwVERhNWF4d0RpUFYtWmh5NWdNSGpfX1JmczIzNXN1d1B1Nm5KWmxFTnJn?oc=5) · The Times-Mail
- 2026-05-30 [Obituary: Victor N. Makximenko - WBIW](https://news.google.com/rss/articles/CBMibkFVX3lxTE1ULWVvOTloTXZVU2VJaVUtVFlCNnhQR0U2RzZFZGhRSGc2QjF0aWw1NC03OG1VejlQc3A0Vm1kc0M4bmtWaC04d18zdUgxa0xrRmp3UzRpU20wU08zZk04YjA4YzA4Ul82NFNIMDdB?oc=5) · WBIW

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29024 (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/32.json (key "29024", 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