# BRAINERD S&LA A FA
BRAINERD, MN · FDIC certificate 31443 · asset band <$300M · latest filing 2021-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $72.5M | |
| Deposits | $58.8M | |
| Loans and leases | $40.8M | |
| Total equity | $4.6M | |
| Loans / deposits | 68.76% (p59 of band) | 64.60% |
| Liquid assets / assets | 37.81% (p44 of band) | |
| Uninsured deposits / deposits | 5.74% (p6 of band) | 18.23% |
| Brokered deposits | 7.04% | |
| Wholesale funding | 18.90% (p96 of band) | |
| FHLB advances / assets | 11.86% | |
| Tier 1 leverage | 6.45% (p1 of band) | 10.53% |
| Unrealized securities loss / equity | -0.81% (p15 of band) | 0.67% |
| AOCI / equity | 0.20% (p99 of band) | |
| ROA (annualized) | 0.04% (p7 of band) | 1.00% |
| Net interest margin | 1.77% (p5 of band) | 3.26% |
| Efficiency ratio | 99.17% (p93 of band) | |
| Noncurrent loans | 0.17% (p37 of band) | 0.41% |
| Net charge-offs (annualized) | -0.01% (p26 of band) | |
| Reserve coverage of noncurrent | 544.29% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 24.71% (p65 of band) | |
| Auto loans | $290,000 (0.71% of loans; DQ 2.76%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 9.9% | |
| Employees | 12 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **leverage <7%** (`cap_low`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  | reserve under noncurrent |
| 2011-09 | 3 | reserve under noncurrent |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 2 |  | loans exceed deposits |
| 2013-03 | 2 |  |  |
| 2013-06 | 3 | noncurrent p90 |  |
| 2013-09 | 2 |  | noncurrent p90 |
| 2013-12 | 3 | uninsured deposits leaving |  |
| 2014-03 | 4 | expense ratio p90, charge-offs p90 | uninsured deposits leaving |
| 2014-06 | 4 | uninsured deposits leaving | charge-offs p90 |
| 2014-09 | 5 | capital falling |  |
| 2014-12 | 3 |  | uninsured deposits leaving, capital falling |
| 2015-03 | 4 | uninsured deposits leaving |  |
| 2015-06 | 3 |  | uninsured deposits leaving |
| 2015-09 | 3 |  |  |
| 2015-12 | 4 | uninsured deposits leaving |  |
| 2016-03 | 5 | capital falling, losing money | uninsured deposits leaving |
| 2016-06 | 3 | uninsured deposits leaving | reserve under noncurrent, capital falling, losing money |
| 2016-09 | 3 | reserve under noncurrent | uninsured deposits leaving |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | losing money |  |
| 2017-09 | 5 | capital falling |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 4 | charge-offs p90 | losing money, capital falling |
| 2018-06 | 3 |  | charge-offs p90 |
| 2018-09 | 5 | capital falling, losing money |  |
| 2018-12 | 6 | deposits shrinking |  |
| 2019-03 | 5 |  | deposits shrinking |
| 2019-06 | 6 | deposits shrinking |  |
| 2019-09 | 5 |  | deposits shrinking |
| 2019-12 | 6 | loans exceed deposits |  |
| 2020-03 | 4 |  | reserve under noncurrent, losing money |
| 2020-06 | 3 |  | loans exceed deposits |
| 2020-09 | 4 | reserve under noncurrent |  |
| 2020-12 | 5 | leverage <7%, losing money | reserve under noncurrent |
| 2021-03 | 4 | NIM <2.5% | capital falling, losing money |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31443 (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/19.json (key "31443", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide