# GN BANK
CHICAGO, IL · FDIC certificate 29399 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $59.8M | |
| Deposits | $50.6M | |
| Loans and leases | $25.1M | |
| Total equity | $9.1M | |
| Loans / deposits | 49.11% (p19 of band) | 73.59% |
| Liquid assets / assets | 52.28% (p80 of band) | |
| Uninsured deposits / deposits | 3.71% (p2 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.06% (p82 of band) | 11.76% |
| Unrealized securities loss / equity | -8.19% (p45 of band) | -6.57% |
| AOCI / equity | -4.71% (p2 of band) | |
| ROA (annualized) | 0.23% (p10 of band) | 1.17% |
| Net interest margin | 4.04% (p56 of band) | 3.93% |
| Efficiency ratio | 80.34% (p79 of band) | |
| Noncurrent loans | 13.11% (p100 of band) | 0.36% |
| Net charge-offs (annualized) | 0.78% (p99 of band) | |
| Reserve coverage of noncurrent | 6.93% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 1.38% (p21 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.7% | |
| Employees | 12 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | wholesale funding >15%, losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 4 | expense ratio p90 | charge-offs p90 |
| 2011-09 | 3 |  | expense ratio p90 |
| 2011-12 | 5 | noncurrent p90, charge-offs p90 |  |
| 2012-03 | 7 | capital falling, expense ratio p90 |  |
| 2012-06 | 7 | assets shrinking | wholesale funding >15% |
| 2012-09 | 7 |  |  |
| 2012-12 | 7 |  |  |
| 2013-03 | 7 |  |  |
| 2013-06 | 8 | leverage <7% |  |
| 2013-09 | 8 |  |  |
| 2013-12 | 8 |  |  |
| 2014-03 | 8 |  |  |
| 2014-06 | 8 |  |  |
| 2014-09 | 7 |  | assets shrinking |
| 2014-12 | 9 | leverage <5% |  |
| 2015-03 | 11 | assets shrinking, uninsured deposits leaving |  |
| 2015-06 | 11 |  |  |
| 2015-09 | 12 | AOCI drag >20% of equity, deposits shrinking | capital falling |
| 2015-12 | 12 |  |  |
| 2016-03 | 12 | capital falling | AOCI drag >20% of equity |
| 2016-06 | 7 |  | leverage <7%, leverage <5%, assets shrinking, capital falling |
| 2016-09 | 5 |  | uninsured deposits leaving, deposits shrinking |
| 2016-12 | 6 | capital falling |  |
| 2017-03 | 2 |  | losing money, charge-offs p90, expense ratio p90, capital falling |
| 2017-06 | 4 | losing money, expense ratio p90 |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | losing money |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 | capital falling, losing money | reserve under noncurrent, noncurrent p90 |
| 2018-09 | 4 | reserve under noncurrent |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 5 | brokered >10%, noncurrent p90 | capital falling |
| 2019-06 | 4 |  | noncurrent p90 |
| 2019-09 | 7 | capital falling, noncurrent p90, deposits shrinking |  |
| 2019-12 | 7 | charge-offs p90 | deposits shrinking |
| 2020-03 | 8 | deposits shrinking, assets shrinking, uninsured deposits leaving | brokered >10%, capital falling |
| 2020-06 | 8 |  |  |
| 2020-09 | 7 |  | charge-offs p90 |
| 2020-12 | 7 |  |  |
| 2021-03 | 6 | charge-offs p90 | losing money, assets shrinking |
| 2021-06 | 7 | assets shrinking |  |
| 2021-09 | 7 |  |  |
| 2021-12 | 6 |  | expense ratio p90 |
| 2022-03 | 8 | losing money, expense ratio p90 |  |
| 2022-06 | 7 |  | uninsured deposits leaving |
| 2022-09 | 7 |  |  |
| 2022-12 | 7 |  |  |
| 2023-03 | 4 |  | charge-offs p90, losing money, expense ratio p90 |
| 2023-06 | 5 | uninsured deposits leaving |  |
| 2023-09 | 7 | losing money, charge-offs p90 |  |
| 2023-12 | 7 |  |  |
| 2024-03 | 5 |  | losing money, charge-offs p90 |
| 2024-06 | 4 |  | assets shrinking |
| 2024-09 | 5 | capital falling, expense ratio p90 | deposits shrinking |
| 2024-12 | 3 |  | uninsured deposits leaving, capital falling |
| 2025-03 | 3 | charge-offs p90 | expense ratio p90 |
| 2025-06 | 4 | expense ratio p90 |  |
| 2025-09 | 5 | uninsured deposits leaving |  |
| 2025-12 | 4 |  | uninsured deposits leaving |
| 2026-03 | 7 | losing money, deposits shrinking, assets shrinking, uninsured deposits leaving | expense ratio p90 |
| 2026-06 | 6 |  | losing money |

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

- 2021-12-21 [What’s Gone Wrong at Chicago’s Last Black-Owned Bank? - propublica.org](https://news.google.com/rss/articles/CBMijgFBVV95cUxNbURSemlZQUlremtFZVRLZDJUZVk1cDhtNlI3X1FtcVk0d2ZERGtDRWY2bm9aWVU0SUdiSkJvaEpjeW9qUGltM1U4ZkxEN3NBT2YyLTBMRnJwWUVPUjVMXzFYdk1JNExKX0MtUkdOVzRadFkwWTEzQ3FxWmxmNl9IZXgyQ1ZjX3FjT1JsYjhR?oc=5) · propublica.org
- 2022-05-27 [Complaints mount against Chicago's last Black bank: 'It's like the Flintstones' - CBS News](https://news.google.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?oc=5) · CBS News
- 2022-09-13 [Chicago's Last Black-Owned Bank Reopens Its Chatham Branch After 2-Year Closure: 'We Are Here To Stay' - blockclubchicago.org](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQaG1mWThJMjktTU9UbXB1eG52bU0yOHZmc1BQajN5SVRDM3l0Nm9HRjVQU3hWMVVfWUlORTJrYzQwNkZfclgyd2lPQ3BqMkVObEpNT1hpQXJERWRNMEFpNjlWcGpkT0l0VlQ1Mjdjb3M4a2UyRkhLNVR6bzBFVU5ITGNIbFJtZWVPUk94UTN0QXdhV3FhOU1DYkJxRmdkSjM5MnhmMjBkTS05ZWEzb3pqcnFtS09yMXc0UkE3d20yWFdsdG1PMlgwRDZnWkZDb043dzNtQ2J3?oc=5) · blockclubchicago.org
- 2022-01-06 [Chicago’s last Black-owned bank struggling, reports reveal - The Chicago Crusader](https://news.google.com/rss/articles/CBMiekFVX3lxTE9UYUdhQUxsazVHTlZ5QkdnSVpSNm1pcmhHazNCY3dLdW55S2lYOFQ4a3dvSERjVjZjbDlvZExBRXpsc3FVUnJxQlpya3BnMUljQlFXbnR0ekdPQVlBV204M2xmMDJRcl9vVGhLZmlmT3pDV2dMRUpfRHlR?oc=5) · The Chicago Crusader
- 2021-12-22 [Chicago’s Last Black-Owned Bank Got Millions in Government Deposits — Then Had to Give Them Back - propublica.org](https://news.google.com/rss/articles/CBMixwFBVV95cUxOa1RORTA1YnNVelYyd2RvNUFmRDlkSE11dVktS0hVazN6Smh2dHVpVnFkVkN1VENUaXZyLWZ0TnpBb3dNdG1ic2hKSjhaQUVjMWVkamoxVGFCRGVVZ245YzRoamQwSF9zODRyQnhTYWpkOGFKWGFHc0pGdnNLUElIN1JOTXNvM3BPcjQ0RHBYQllKTjNzZjE1VkY5eHE2SllRdFNEaW9XU2VfUUJfYWdGYXJFdTdZS0JrRlNkLUEzNWZYeDJDV3dR?oc=5) · propublica.org
- 2018-07-30 [The Illinois Service Federal (ISF) Bank is now officially called GN Bank. - Asaase Radio](https://news.google.com/rss/articles/CBMikgFBVV95cUxNQzY0Mm04ZW9tcUdHZkhWNDVXVFZuU1d1bmdWSDFfU2IyWDBDYVFpd2gzVkE1RWJWQjNWd0FYV0k5dFIyR3VPbnZtM08wd3Q4czFMdWpkdGFVZ2NuYjhoTVNldG5LZldjTmJtb1Vha3F0NVNLeGFvRXJkVlhieXd5OFdwU3RZX1dYR3FYUVdyTFRuZw?oc=5) · Asaase Radio
- 2019-10-04 [GN Bank On King Drive, An Overlooked Bronzeville Gem - blockclubchicago.org](https://news.google.com/rss/articles/CBMilwFBVV95cUxOd1dSTE1ZQmtoLVdDQk1RbE5ieU04anZfbkJNcksxTGM4aTFwSHpwdEFMQW9VSzRkSXo2bG15clVxM00xTVU3RmlpeTh5TTlRdEpsOFNmaVpmcHZyZTFfM3BpX19jM19Va0dMN2EyeHgtYWFyTE5TRl9WMHQ3M2Fnb0lQMENkZDJzcno1THNGd181S3Jjanlz?oc=5) · blockclubchicago.org
- 2018-05-22 [ISF Bank to be renamed GN Bank, USA - Graphic Online](https://news.google.com/rss/articles/CBMikwFBVV95cUxNczNqSGRleHhBWVV6WjFzZnBLT1hiNERpWHJTXzRCRXg1bldUbTVjeElxVVFUQ0M5X05IRFV3dHBYSk9QTkh4SlNjeWdjbDhGREREekRrRmx1dDhTdjR5ajJxdmVEWUhXT25EUGRlamNhV2Z3dDRxQnlXMEpMakhKRGFadDkyTkIwQkJ3N0FWeDlLRGM?oc=5) · Graphic Online

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29399 (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/23.json (key "29399", 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