# FIRST MUTUAL BANK FSB
BELPRE, OH · FDIC certificate 29617 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $109.9M | |
| Deposits | $90.6M | |
| Loans and leases | $67.9M | |
| Total equity | $10.8M | |
| Loans / deposits | 74.34% (p51 of band) | 73.59% |
| Liquid assets / assets | 29.09% (p42 of band) | |
| Uninsured deposits / deposits | 11.88% (p20 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.28% (p79 of band) | |
| FHLB advances / assets | 7.28% | |
| Tier 1 leverage | 9.60% (p19 of band) | 11.76% |
| Unrealized securities loss / equity | -43.28% (p8 of band) | -6.57% |
| AOCI / equity | -0.45% (p47 of band) | |
| ROA (annualized) | 0.29% (p12 of band) | 1.17% |
| Net interest margin | 2.79% (p8 of band) | 3.93% |
| Efficiency ratio | 86.77% (p86 of band) | |
| Noncurrent loans | 0.55% (p58 of band) | 0.36% |
| Net charge-offs (annualized) | 0.05% (p80 of band) | |
| Reserve coverage of noncurrent | 138.71% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 16.30% (p48 of band) | |
| Auto loans | $648,000 (0.95% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.1% | |
| Employees | 21 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | securities losses >30% of equity, losing money, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 5 | capital falling |  |
| 2011-12 | 4 |  | capital falling |
| 2012-03 | 3 | uninsured deposits leaving | securities losses >30% of equity, losing money |
| 2012-06 | 5 | capital falling, losing money |  |
| 2012-09 | 3 |  | reserve under noncurrent, uninsured deposits leaving |
| 2012-12 | 4 | reserve under noncurrent, uninsured deposits leaving | capital falling |
| 2013-03 | 0 |  | expense ratio p90, losing money, reserve under noncurrent, uninsured deposits leaving |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | securities losses >30% of equity |  |
| 2013-12 | 2 | reserve under noncurrent |  |
| 2014-03 | 5 | capital falling, losing money, expense ratio p90, NIM <2.5% | reserve under noncurrent |
| 2014-06 | 4 | reserve under noncurrent | securities losses >30% of equity, capital falling |
| 2014-09 | 3 |  | reserve under noncurrent |
| 2014-12 | 4 | capital falling |  |
| 2015-03 | 3 |  | capital falling |
| 2015-06 | 3 |  |  |
| 2015-09 | 4 | capital falling |  |
| 2015-12 | 3 |  | capital falling |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-12 | 4 | capital falling | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-03 | 6 | charge-offs p90, auto book souring |  |
| 2017-06 | 5 |  | charge-offs p90 |
| 2017-09 | 5 |  |  |
| 2017-12 | 4 |  | auto book souring |
| 2018-03 | 3 | reserve under noncurrent | NIM <2.5%, capital falling |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 4 | noncurrent p90 |  |
| 2019-03 | 3 | charge-offs p90 | losing money, expense ratio p90 |
| 2019-06 | 2 | expense ratio p90 | noncurrent p90, charge-offs p90 |
| 2019-09 | 3 | uninsured deposits leaving |  |
| 2019-12 | 2 |  | uninsured deposits leaving |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 4 | capital falling, losing money |  |
| 2020-12 | 3 |  | capital falling |
| 2021-03 | 4 | charge-offs p90 |  |
| 2021-06 | 3 |  | charge-offs p90 |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | reserve under noncurrent |
| 2022-03 | 2 |  |  |
| 2022-06 | 6 | capital falling, AOCI drag >20% of equity, securities losses >30% of equity, uninsured deposits leaving |  |
| 2022-09 | 6 |  |  |
| 2022-12 | 5 |  | capital falling |
| 2023-03 | 4 | reserve under noncurrent | losing money, AOCI drag >20% of equity |
| 2023-06 | 3 | losing money | uninsured deposits leaving, reserve under noncurrent |
| 2023-09 | 5 | reserve under noncurrent, uninsured deposits leaving |  |
| 2023-12 | 2 |  | losing money, reserve under noncurrent, uninsured deposits leaving |
| 2024-03 | 3 | wholesale funding >15%, NIM <2.5% | expense ratio p90 |
| 2024-06 | 4 | capital falling |  |
| 2024-09 | 2 |  | wholesale funding >15%, capital falling |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 | assets shrinking | NIM <2.5% |
| 2025-06 | 4 | deposits shrinking, uninsured deposits leaving |  |
| 2025-09 | 1 |  | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2025-12 | 2 | reserve under noncurrent |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 1 |  | reserve under noncurrent |

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

- 2022-04-26 [First Mutual Holding Co. Names Andy Shook as Chief Financial Officer - PR Newswire](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPSGJRNzJ0MDVQbHVwanNzWEs0ZHhJQ3FnQ3RCZzUteVg3RkxfdHpMaUJfMGpLZGotVXZQdE5XSVBBb21HSy1XOTEtdUZqUk4wZG50NGYyQUoxVlhJM2JBRUQ2b3AyMjJCMXJVSW1SX0FMMlpVU3Q2VWhmYU9KdGhsQ09ITXpmVUpQeG9NN09LTFV2Yzd1amlmYnYyNEZ3THRNRmt5ZmRFc1hCSWFDRm04VVdSV1c0YU0yVWF1SHhNTzI?oc=5) · PR Newswire
- 2022-04-26 [Shook named CFO at First Mutual Holding - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxQSmR3dDRKUUUwdEhGWWxHbUNZWXFPU3pwTTVYbkd2bzBja3BpbDNvZGdTMzMxN3QzaUpleXI5ZXR6eWwxdGlrQUFXalhwTWc1eEVua1ptSzFDS2RsaHZjSkNIVUp4RXFFS1RnU3N0amNucVJFU3d6bUtLc1RxblpROW1ERjhITW5xcjNyWG9jWW1Ib1B0RXY5Yll3MnhkVkVVekFJ?oc=5) · The Business Journals
- 2023-05-15 [First Mutual Holding Co. Appoints Rafael Alfonzo to Board of Directors - PR Newswire](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPTmV4d3dQeGZMeTJZXzRTbmJtSWdSVmF5d0ZUb3A2Y091em95MW9qRmRtOUdPN0o4UWo0MldsaFpodjloY3o0bXowV0xKTWNXQllFN0ItSC1VaXNYWXd2TGFYSko3d1ozd0s3S0UzUmJjZTYyTmVZQnZoRmRnTDd2SmdwQ09nUy1GTWEtZi13N180TW92anFpTElfQkI3cEh1YjZjQ2ZpU29oSl9SYm1CSFRNVFV1S09qRzJ6UmNRWDVIMGs?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29617 (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/49.json (key "29617", 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