# MCHENRY SAVINGS BANK
MCHENRY, IL · FDIC certificate 30864 · asset band $300M-1B · latest filing 2024-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $324.1M | |
| Deposits | $239.7M | |
| Loans and leases | $234.9M | |
| Total equity | $28.2M | |
| Loans / deposits | 97.09% (p84 of band) | 81.72% |
| Liquid assets / assets | 22.89% (p42 of band) | |
| Uninsured deposits / deposits | 21.48% (p37 of band) | 24.65% |
| Brokered deposits | 3.33% | |
| Wholesale funding | 20.30% (p91 of band) | |
| FHLB advances / assets | 11.26% | |
| Tier 1 leverage | 9.33% (p28 of band) | 10.35% |
| Unrealized securities loss / equity | -13.89% (p58 of band) | -17.47% |
| AOCI / equity | 1.71% (p95 of band) | |
| ROA (annualized) | 0.74% (p37 of band) | 0.93% |
| Net interest margin | 2.76% (p22 of band) | 3.35% |
| Efficiency ratio | 70.90% (p57 of band) | |
| Noncurrent loans | 0.09% (p28 of band) | 0.28% |
| Net charge-offs (annualized) | 0.01% (p60 of band) | |
| Reserve coverage of noncurrent | 1091.71% | |
| Real estate % of loans | 45% | |
| Construction % of loans | 8.33% (p11 of band) | |
| Auto loans | $173,000 (0.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $6.2M (22% of equity) (p98 of band) | |
| Deposits YoY | -8.3% | |
| Employees | 46 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 7 | wholesale funding >15%, leverage <7%, leverage <5%, losing money, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 8 | expense ratio p90 |  |
| 2011-09 | 7 |  | noncurrent p90 |
| 2011-12 | 7 | noncurrent p90 | wholesale funding >15% |
| 2012-03 | 8 | capital falling, assets shrinking | expense ratio p90 |
| 2012-06 | 4 |  | losing money, noncurrent p90, capital falling, assets shrinking |
| 2012-09 | 5 | noncurrent p90 |  |
| 2012-12 | 5 | assets shrinking | noncurrent p90 |
| 2013-03 | 7 | losing money, expense ratio p90 |  |
| 2013-06 | 10 | capital falling, AOCI drag >20% of equity, securities losses >30% of equity, charge-offs p90 | assets shrinking |
| 2013-09 | 9 |  | charge-offs p90 |
| 2013-12 | 9 |  |  |
| 2014-03 | 5 |  | losing money, expense ratio p90, capital falling, AOCI drag >20% of equity |
| 2014-06 | 5 |  |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 4 |  | securities losses >30% of equity |
| 2015-03 | 6 | losing money, expense ratio p90 |  |
| 2015-06 | 8 | deposits shrinking, assets shrinking |  |
| 2015-09 | 8 | capital falling, noncurrent p90 | deposits shrinking, assets shrinking |
| 2015-12 | 8 | deposits shrinking, assets shrinking | capital falling, noncurrent p90 |
| 2016-03 | 5 | charge-offs p90 | losing money, expense ratio p90, deposits shrinking, assets shrinking |
| 2016-06 | 6 | expense ratio p90 |  |
| 2016-09 | 5 |  | charge-offs p90 |
| 2016-12 | 7 | capital falling, noncurrent p90 |  |
| 2017-03 | 9 | losing money, deposits shrinking, assets shrinking | capital falling |
| 2017-06 | 8 |  | assets shrinking |
| 2017-09 | 12 | wholesale funding >15%, capital falling, assets shrinking, uninsured deposits leaving |  |
| 2017-12 | 11 |  | capital falling |
| 2018-03 | 6 |  | leverage <7%, leverage <5%, wholesale funding >15%, uninsured deposits leaving |
| 2018-06 | 6 | charge-offs p90 | noncurrent p90 |
| 2018-09 | 6 |  |  |
| 2018-12 | 7 | noncurrent p90 |  |
| 2019-03 | 5 |  | assets shrinking, charge-offs p90 |
| 2019-06 | 4 | capital falling | deposits shrinking, noncurrent p90 |
| 2019-09 | 3 |  | losing money |
| 2019-12 | 4 | wholesale funding >15%, uninsured deposits leaving | capital falling |
| 2020-03 | 6 | losing money, loans-to-lenders >50% equity |  |
| 2020-06 | 6 | capital falling | losing money |
| 2020-09 | 6 | brokered >10% | expense ratio p90 |
| 2020-12 | 5 |  | uninsured deposits leaving |
| 2021-03 | 3 |  | reserve under noncurrent, brokered >10% |
| 2021-06 | 1 |  | wholesale funding >15%, capital falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | wholesale funding >15%, capital falling |  |
| 2022-06 | 4 | brokered >10% |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 2 |  | capital falling, brokered >10% |
| 2023-03 | 2 | brokered >10% | loans-to-lenders >50% equity |
| 2023-06 | 1 |  | brokered >10% |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | deposits shrinking |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |

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

- 2023-08-30 [Michigan credit union buys Chicago-area bank in August deal surge - Banking Dive](https://news.google.com/rss/articles/CBMixwFBVV95cUxPc1h5WlpLTXg1am5xSkJ0NzNUTjc0YTZQM3ZHd3NtN0pKbTVVREhScTNyUUtseXNQNFlSZG5YSU1OOVRzRmdXcXRqczMwVHdrMDRQSUJmc2gzamxQeHU1Vm84QU4xcWFIWVJXWk9aVGl2b3E2ckdtRWxfTTVjckZyMzdsbDZ4b2ViSHJsV2ppU3ViLWxhMENLc3I5eTZ6cXJqSXk0XzdrZWlmd0hXdXpTTWpWdlh4WGdRWGRsUW9xRmt3N0ZRWUQ4?oc=5) · Banking Dive
- 2023-08-31 [Michigan State University Federal Credit Union Announces Agreement to Acquire Algonquin State Bank - Business Wire](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNYXBOVm05a2tCUnFFZklMT01GN20xdEZaQjRJVl9EaEd6YmtnMGRveHgtNXlwcHZBV0pTV00zWUNoVUc2N1F5dzdPTnc2cFBIOFJ2U3NzNS1IblFLdkFReWN3QTVacmJlNXFrMnRFTTFvZWRFZmVBdkJyalJpREMyVFJiOWhhSTJOQTU2UlZqbERpV2dzQjFzbjE5YUlVU1E3RWFjMFVSUUtlaU1NbjRLanR1ZnlMWWtad3FJb01MMGVPeEhQZERIMUw4Q0JycDRRZHctRDduX3hjNDdYX3l1TUxVMEI3clJzWm9F?oc=5) · Business Wire
- 2023-08-29 [McHenry Savings Bank to sell to Michigan State University Federal Credit Union - Shaw Local](https://news.google.com/rss/articles/CBMizgFBVV95cUxPc214RlpUTjFQSGRFcTQtU3hjcWhoLWhzRlMzcVhGcmkwN0JERlFpTHFUREFtendzWEVJZFluSFVUdDBJN1gweXpFdS1Zc1ZBR1o0Y00tRS1LQ1A2cnJONEhjeHhIRm1Tc0Jtd0lWbHlITDFuc19RZjNVQ2ZGQi1ON0o3eFctSjhtQVl5RW9rX1dOUDYxNlpvTHctQjkyLWdBeURSSlU2cUluRkxNakt0R05mN3FFWkt4MjhjVDFJSENVUnFWODVLSGdpWWJkUQ?oc=5) · Shaw Local
- 2023-08-29 [Chicago-area bank selling itself to growing credit union - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPcmpJSG1kZV9RSmpteHgtSU5ZWmUyMnpDZmo2ZFhUSHVkX09oc0h3cjAtUVBJNG8zZW9WRXZQMU9DUVhOU1JnUWxsSFE2cjN2X0lGT0R2RlVwdjdWVGNTVVo4SVlKYUpkdS02eGVBZWdZbGFSeEZVck5CMzNBN0hNbnBOT20xNkxIcjFMelpHQ25pVk5ZSEJMTGt4Q1JRSThmejh4clZ1Unk?oc=5) · American Banker
- 2023-08-31 [Florida credit union buys local bank in 8th such deal of 2023 - Banking Dive](https://news.google.com/rss/articles/CBMiygFBVV95cUxOR1pOajBqZnBuRmJzNERCN0tOSXJULV82a1h6eDcyaDk4WlVDY2xiV3pPOVYxRzRVQ2J1ZnotUmJqYkF1UHRSMElWOEQ1V2x6d1o2Q2JVV0N5MURSVzBxaHdMSmFMMVpiLTgyYWM1OWR0MzZpX0p5SFZXeHdWc0ZkREJ6bkcyMGFkQTR1OTc2bWstRnpJdGhESXpIYTBrdHc5THI3WVJlLXRRWGRYb2hxaEhQdWxrVGRuZVFpdjFXZVZORTQxSEFmZmJR?oc=5) · Banking Dive
- 2023-12-28 [Shaky economy slowed credit union-bank deals in 2023 - American Banker](https://news.google.com/rss/articles/CBMiowFBVV95cUxNTjVfS01SN213NXlGNlczd0JXYUFldDlTMkx3cTFKOTZYZDZabk5wenoyRmZJT0pva0VqUTUtNDExVGRDWTZyVEtTd3BKSXJ1dWNhbnl2N2xHZEVQb3Z5azF2SjFfU2cwNHNsRE9jcnNmTEJYWFo2S1J1RVpXQXZNNXcwcU1NVDJoUGRPdlNLbDl1a2dsNTNqSGJEdmxrMmhueERJ?oc=5) · American Banker
- 2023-12-10 [Victoria Marie Bottari Obituary (2023) - McHenry, IL - Colonial Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxNYkFEcUw4NlVYd2c1dUQ3aTMySXRyTnIzeFFNaVNWbUhNbXlUSXpJRVlkcldMZXpJdkxfSUstT1ZQNEFsMFByWmtqYjVNNjFiakp0b2NCc19XWklESGRqWE5nUlQ5Rm9BeEZuZVNwSWpuWG8xMDJXZmswaGxHZTZoUU1GRUhNdw?oc=5) · legacy.com
- 2021-05-31 [Cynthia Bart Obituary (1947 - 2017) - McHenry, IL - Northwest Herald - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQbDcxa3hha2dKdHkyWEZVdFJiZDY3YzQtSDQ5QUZhTWtxdXBRT2VNNGNzUVdId2gwSUg5NWFaTUZ6dktxYWx6NVpNYWdyaER3Z0VCTWNQLWxWNHVSREU2OF9UNFB5cjR2Rnh1Y0gxRzR0VGJ0UGY1NXVqVDRUbzBfXzNudE95RE4xT3Rz?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30864 (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/16.json (key "30864", 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