# FIRST SAVINGS BANK
JEFFERSONVILLE, IN · FDIC certificate 29961 · asset band $1-10B · latest filing 2025-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $2.39B | |
| Deposits | $1.70B | |
| Loans and leases | $1.95B | |
| Total equity | $228.8M | |
| Loans / deposits | 113.43% (p96 of band) | 86.41% |
| Liquid assets / assets | 11.92% (p11 of band) | |
| Uninsured deposits / deposits | 37.39% (p67 of band) | 31.00% |
| Brokered deposits | 7.73% | |
| Wholesale funding | 26.09% (p94 of band) | |
| FHLB advances / assets | 18.36% | |
| Tier 1 leverage | 9.55% (p28 of band) | 10.37% |
| Unrealized securities loss / equity | -6.97% (p53 of band) | -7.29% |
| AOCI / equity | 2.53% (p44 of band) | |
| ROA (annualized) | 1.13% (p51 of band) | 1.12% |
| Net interest margin | 3.14% (p26 of band) | 3.59% |
| Efficiency ratio | 62.13% (p55 of band) | |
| Noncurrent loans | 0.79% (p68 of band) | 0.50% |
| Net charge-offs (annualized) | 0.03% (p51 of band) | |
| Reserve coverage of noncurrent | 134.32% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 28.59% (p27 of band) | |
| Auto loans | $7.1M (0.36% of loans; DQ 0.80%, NCO 0.00%) | |
| Loans to nondepository financials | $9.1M (4% of equity) (p82 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 261 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 | capital falling | wholesale funding >15% |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | wholesale funding >15%, capital falling | reserve under noncurrent |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | brokered >10% |  |
| 2016-06 | 3 | expense ratio p90 |  |
| 2016-09 | 2 |  | expense ratio p90 |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | brokered >10% |
| 2017-06 | 2 | brokered >10% |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | brokered >10% |
| 2018-03 | 1 |  |  |
| 2018-06 | 3 | brokered >10%, capital falling |  |
| 2018-09 | 2 |  | capital falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 | loans exceed deposits | brokered >10% |
| 2019-12 | 2 |  |  |
| 2020-03 | 7 | brokered >10%, capital falling, losing money, expense ratio p90, reserve under noncurrent |  |
| 2020-06 | 2 |  | brokered >10%, capital falling, losing money, expense ratio p90, reserve under noncurrent |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 4 | expense ratio p90, reserve under noncurrent |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 | assets shrinking | reserve under noncurrent |
| 2022-03 | 2 |  | expense ratio p90, assets shrinking |
| 2022-06 | 4 | capital falling, expense ratio p90 |  |
| 2022-09 | 5 | brokered >10%, AOCI drag >20% of equity | loans exceed deposits |
| 2022-12 | 5 | loans exceed deposits | AOCI drag >20% of equity |
| 2023-03 | 5 | uninsured deposits leaving | expense ratio p90 |
| 2023-06 | 4 |  | uninsured deposits leaving |
| 2023-09 | 4 | expense ratio p90 | capital falling |
| 2023-12 | 4 |  |  |
| 2024-03 | 3 |  | expense ratio p90 |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | capital falling |  |
| 2024-12 | 3 |  | capital falling |
| 2025-03 | 3 |  |  |
| 2025-06 | 4 | capital falling |  |
| 2025-09 | 3 | deposits shrinking | brokered >10%, capital falling |
| 2025-12 | 3 |  |  |

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

- 2026-02-02 [First Merchants Corporation Completes Legal Closing of First Savings Financial Group Merger - Yahoo Finance](https://news.google.com/rss/articles/CBMikwFBVV95cUxNTWQ3Q2FWVWpRbVpEc1ctNWd5OUdvT1Fyb244cnNPNV9la0twdGt3bzBwZWlhLXBwbmxNRk5EUl9yUmI5X3o3VTluWTBTcy00c3czMHllb1gwU04wQ1FqbU5fa09zSjdQUHp0UlFLZlllM2FTaEFwRFM1NmdIVGtOOUFvb1VaVWxGUnY2TGVuakx5NWM?oc=5) · Yahoo Finance
- 2026-02-08 [First Merchants Corp., First Savings Financial Group Finalize Merger - Building Indiana Business](https://news.google.com/rss/articles/CBMirAFBVV95cUxOOVZ4MTVDZEJuMHZ1VjhtWXAxX04zYUpoRk1FcmV5R0o5a2pSQVZLY3pPcko5bktHbEtTU2U5emc3ZVBBa3NULWU1ZXEwU1dUUkY1eUVrNWtEd1VQZml3MURORnVPeUw1QjFhZUxpS19VN3hIaTFzR0JyVUd0YVdDSFBnZjJoamdoYlR2VmZLSG5wSTVNOEZENU52LVQ0a3k3aS0wZ3UxYmFEcksy?oc=5) · Building Indiana Business
- 2026-02-06 [First Merchants finalizes $200M+ acquisition of First Savings Bank - The Business Journals](https://news.google.com/rss/articles/CBMiigFBVV95cUxNOG4zVnZBVVhKZU9JbE9NRU9OTmsxSU5oc0d4UVVLeGNsWjJMV0piNTAyNDM1Yy1oOVB5YlQ1ZmppNmpjRUt3cEdEd0RrZ0hWLW9yYmtwTEp2TFhxbWVXQUFEWVZJVXl0V0FOQTFYTW1aY3BLS0dBcDZ4Ykw1U3kyQWJBN0taWC1TYUE?oc=5) · The Business Journals
- 2026-02-04 [First Merchants merges with First Savings Bank - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMipAFBVV95cUxOYWU0RjRidUh4aS1DU2Nhd2dLemx6bmUwV1huNEREMkV4RkNud2N3dl95TGhLVll2bjVVVmZTQnhvSVg2M2RYTkwwMXJCUXVvUll4MV96aXgyUmswUXFvdHROdGpoUUN6NWtzb2Zva2dzaGVmT3R6bVVGNFRZSndvVFV1azJycFRVTlY1N0VKWkRoVVEyYXY4SWp3bEg2dkp4Znp6aQ?oc=5) · Northwest Indiana Business Magazine
- 2025-09-26 [Indiana’s First Merchants to buy in-state peer for $241.3M - Banking Dive](https://news.google.com/rss/articles/CBMirwFBVV95cUxOblJNWXdnd1hRSldlY3FieEdLejBHT3VYM2c1WGt6Vm1oMm5tZXdPZzJzc0gyWEpFX1VEeHhUMHk4OENwWjVrNEo5WXJLMFUyd3BsY01QT3RZWi1mcW5IYlFyVXFZU3paNjVHcDZNNFFuckUxYTNaM2pmRndfUW10SDZlcnY4amg4elpHeUU1LU5tVFVIYWRuN2V4X0VNNkJ0RTZkcklBTGtkSzVENTdB?oc=5) · Banking Dive
- 2026-02-02 [First Merchants completes merger with Jeffersonville bank - Inside INdiana Business](https://news.google.com/rss/articles/CBMipwFBVV95cUxPNzJkQnZpWVVrS3pZV05Nak1uQkk5dEdqZ2otLUtZTld5Unl4Mm1uUnMwbDY2N0Nma0xPSHQ2aEdsZkRMamZLSTJ0czY3eFFrRXN5REdLay1paUc4Mi16X3Z4TVh6aGFXVTBCTVdiQzJFZlZmQUtIOE9FaGxTT1hXZnpMYlpRU0VsU2pma1MyWFR5ZFg4b1RtZjFYWHgzay1vYjg0cXhyRQ?oc=5) · Inside INdiana Business
- 2026-09-05 [FSFG stock holds steady as First Savings Financial Group delivers solid quarterly figures - AD HOC NEWS](https://news.google.com/rss/articles/CBMiygFBVV95cUxOSDU3Q2hHT2YydGp2UnRJdzZjeTZQd0o0WnhpU1FFOUttSlZKejN0SGc5NVF3cHpuTkVSUXZpdEdVTzVfaXFOZDJBeVFtaDcxYlJBVEhMNWhBUWM1TExBd241cHZTMGdxQkc2UDZvNkRRRHhYS0k1d0hpUGhGbXNiM2pNSVZrYk9Odmc5bDZFX3htd29YaEdPNjRNamZremZyMF9FLXhnQk9ucEEzejdua3JSb1NvVzQ5SjFsWDdRa2pRb1dvcmhxZ2Fn?oc=5) · AD HOC NEWS
- 2025-12-18 [Listens Live! First Savings Bank - December 18th, 2025 - WDRB](https://news.google.com/rss/articles/CBMijAFBVV95cUxOMVhrYTJaeF9ISDkyeWxoUnlZZEtfeHF3bFo0eXVHdnRaWUk5MWowR2tZUC1lQm43dHZVdmJNek4yTS1EOTNGb1hHVk9RY2dneEdfU3M1SFI2MW1MVU9jQ3pVMmpGZTlyVjZyUnkyRG1TR2owTzFadkJhT1RFWkdKSnhZSm5nYVFFVXUxc9IBoAFBVV95cUxNNFRNaFhPal8tYWN3ek96ZEo4WXhKdDNJbGF0bEVta3ZpRzV2S0ltYXI2SDJTN0ZFWlpCdlE2bmp6RDlvd2xSZjZsamVJZkhKODliaWdqZ0ZuTmxpUmhkWFdRaDJ3REc5d3BGYzRqbjBEdTVCWnFsNGE0YXk5YlZ6WVpPeWpEdVhVdTJ3X0NBNFpDM0dYRm5wR24zSHJVVzRC?oc=5) · WDRB

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29961 (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/9.json (key "29961", 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