# AMERICAN FEDERAL BANK
FARGO, ND · FDIC certificate 29140 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $795.8M | |
| Deposits | $615.6M | |
| Loans and leases | $685.2M | |
| Total equity | $71.3M | |
| Loans / deposits | 110.16% (p97 of band) | 82.04% |
| Liquid assets / assets | 10.78% (p6 of band) | |
| Uninsured deposits / deposits | 23.94% (p42 of band) | 25.97% |
| Brokered deposits | 0.39% | |
| Wholesale funding | 13.55% (p84 of band) | |
| FHLB advances / assets | 13.17% | |
| Tier 1 leverage | 9.32% (p19 of band) | 10.81% |
| Unrealized securities loss / equity | -1.85% (p80 of band) | -8.10% |
| AOCI / equity | 0.02% (p81 of band) | |
| ROA (annualized) | 1.06% (p36 of band) | 1.28% |
| Net interest margin | 4.05% (p58 of band) | 3.91% |
| Efficiency ratio | 74.11% (p81 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p35 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 79% | |
| Construction % of loans | 9.85% (p14 of band) | |
| Auto loans | $2.3M (0.33% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $30,000 (0% of equity) (p90 of band) | |
| Deposits YoY | -0.4% | |
| Employees | 130 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, liquid assets <10% |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2012-03 | 3 | reserve under noncurrent |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 4 | loans exceed deposits |  |
| 2012-12 | 4 | capital falling | loans exceed deposits |
| 2013-03 | 2 |  | reserve under noncurrent, capital falling |
| 2013-06 | 2 |  |  |
| 2013-09 | 3 | loans exceed deposits |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 2 |  | loans exceed deposits |
| 2014-06 | 4 | loans exceed deposits, deposits shrinking |  |
| 2014-09 | 4 | liquid assets <10% | brokered >10% |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 |  |  |
| 2015-09 | 3 |  | deposits shrinking |
| 2015-12 | 2 |  | liquid assets <10% |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | liquid assets <10% |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 1 |  | wholesale funding >15%, liquid assets <10% |
| 2021-03 | 0 |  | loans exceed deposits |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | expense ratio p90 |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | expense ratio p90 |
| 2023-03 | 0 |  |  |
| 2023-06 | 2 | loans exceed deposits, deposits shrinking |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | capital falling |  |
| 2024-03 | 2 | liquid assets <10% | deposits shrinking, capital falling |
| 2024-06 | 2 | wholesale funding >15% | liquid assets <10% |
| 2024-09 | 3 | liquid assets <10% |  |
| 2024-12 | 2 |  | wholesale funding >15% |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | liquid assets <10% |
| 2025-09 | 2 | assets shrinking |  |
| 2025-12 | 1 |  | assets shrinking |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2024-02-24 [Jessen named Market President at American Federal Bank - InForum](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOaWJHSkxIcmZvSmhMVUJlMmdrMmtJOXUxZlQwQnZSOE1oQ3hzM3B4UE90ZTFBcHZpcnJLU19GLUVlSHpzcTNrS0ROeFVJQ1kwYTZjS3JJX1lxS1dVRlVwSmJUNW9LTFAwMmVPbGg3N2V2QUh6M2NTMGJnWUpNWlEtUjY5NkJVeHRWNVJzX3IxSzBBckVPMTFTZWtkSUlLS1RQTmI2WGxLT1p1RjltMmRJUjQ1d0NwcEFpbjU5Uzl3QmJWQllxbnlBaVc5cVFSY0tBU2djSnJvNGcyUmUweVdzOEc0aGVrZw?oc=5) · InForum
- 2023-01-12 [BRIAN AND CHRISSA FRISK JOIN AMERICAN FEDERAL BANK - KROX](https://news.google.com/rss/articles/CBMiekFVX3lxTE0zTEpweFE0VllyLUludFpKbF8zLWxyRzlHU0FLa2FLVUM3dGlic1drR0ZIXzRNazIxVGh4TWJqaXZ3ZDlnb3hfTmpvVE9rUmNDQ1BKcGNra0U0SWhaMFY4SXR5eExsdmd3eWtnb1Uzbmk1MTJoNVEzVW9n?oc=5) · KROX
- 1993-02-17 [Lone Star Technologies to sell American Federal Bank - upi.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNSTdHMUg5eDBQYWNPUnVHY0dSOFVsY0lfOGNwY3FJeDdjRDJ2ZHk5cmhvc0owY0RqcDltU1ltM21XTW5TaEJnVnB4bGotbVh2c2VaNzdOd2c3dHB4Q1JROGNNUGgwbUdOeFJOdlA0Qmh4djc3dGh2eXhUWkRENkpHR21qOHowbWVNaEZLTGFXSGJ0Vk1pRmVLcnhFdW1fMjd5cFJDaWNiZUZfVHfSAbABQVVfeXFMUEZBcjBnMHhsNUV2UF9aWjZ1aWpFQ3pTLXZ1UHJtWWNOYWVaaVZDUW1EXzlFOGExWW5FOGVkaVZYZHpwMTZXS2REaGpGSTc1eGJoTUh6dmZfWmxTS21wZ0lpNllvSGI0cEJCMEhtUHpZdkhuUk1tVzVZem1qN1B4YVpUeWE0OHhYdHFZUC1oT3o5ZjA2RmVjSWRJamJBcHFOYklnejk5blZaa2lhSzcxY24?oc=5) · upi.com
- 2018-01-02 [Like father, like son: Two generations of ag bankers - Agweek](https://news.google.com/rss/articles/CBMiigFBVV95cUxNUnV1R3BQdk9EWGV6MmhyWjRjZVFzdXhIckpuVzNIZkxmWlJLUzJycldINHZDWHNZR1U5aHVIN1FaODFROFo4QWl0WGszT3JNN2R1SG9VcnVoLUY2RXVHQnl3V1gzZmt5TkFtQ3hRYzYyanN6NVdOYmpOdmU1SzNKd2RzZm5OY243TWc?oc=5) · Agweek
- 2025-11-21 [61-year-old woman charged with $34,000 bank fraud scheme in Moorhead - Valley News Live](https://news.google.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?oc=5) · Valley News Live
- 2021-05-06 [Shirley Osborne Obituary May 6, 2021 - Stenshoel-Houske Funeral & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTE9jazRUeWhrVnhwLXNJUnpoQjM1N3FBOTAwQndVdGxyRjNTbTZFY3hObF9XMVZVX05oVlB0YW9sQzAyTjNYMThaekhpX0xjMEp4ejljVktXUjdMbUZoX1Y4QkFtdzM1MFF4ZlE?oc=5) · Stenshoel-Houske Funeral &amp; Cremation Service
- 2024-02-24 [Mike Mihulka joins American Federal - InForum](https://news.google.com/rss/articles/CBMizAFBVV95cUxNSWpJZjNzdW9vVEtjTTdHZk93MmV3VFFhNGZRTnplVDRsTUt1RUZ3OVNRNFN0SERNS0pXa3RkdmxkZTJ5OHM0bnl6RWFLb25FRC1LQU5pR3BrVkgtb0NKdnEybE0tcWJGaXE1eDR4dDhQOFA1a2djeXBPbmdJR1Byc0tpWktBM1dvUnNvaU5wdEdlcjdfOTVfbzhzSUNNRFRiUWtRYUZjd2VvakZSZ1FDbW0ySXhLTnBfbFhBbnB2Z0xQQUo4dUtPMVFiaDE?oc=5) · InForum
- 1992-07-18 [Economist-banker convicted of airline ticket fraud - upi.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNTUJSYVpURUxlYXcyVFlLeWFBcWhyMFJLMG1Rd3lYRDBmbXVET3hVZkVkSHl3RF9VRzV3MDM4LXQ1NVFGYjh6MDlJbnNZUm5fdG54MjJUXzYtYmZCd0RCSGlrTV9rYy1uU0VzR2o2czcyRmM0TlVZeEtvbDZlcWJWMHVVN0JQQ0ZLU0NsYUhpZDctRVo0U3Zrbng0SWZzcDFiano0Z2RESlXSAa4BQVVfeXFMUHRScU9lWVV3RzFaNDNTSWpJbk9GWXBselp0MzVHWUpUMHpBQ2Fna3plRDhXaWVFSTlYaE4ybUpDYlV2dW1jV1BVcVliZHI0dDFYa0RrVEcza2hyYUZYZXlLeEZvRTdaQzBMMjVSMzBoWjg0cUU5dmtZeG1jT21xQXZSaF8tQ3c0dlV4UVI3R05JRzJMcUxpMld0cnFvbXFnM28zaENnaVFudEhlRzl3?oc=5) · upi.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29140 (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 "29140", 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