# MONONA BANK
MONONA, WI · FDIC certificate 33458 · asset band $1-10B · latest filing 2022-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $1.24B | |
| Deposits | $1.04B | |
| Loans and leases | $987.5M | |
| Total equity | $124.4M | |
| Loans / deposits | 94.17% (p74 of band) | 82.70% |
| Liquid assets / assets | 12.31% (p12 of band) | |
| Uninsured deposits / deposits | 24.42% (p28 of band) | 32.12% |
| Brokered deposits | 0.46% | |
| Wholesale funding | 6.05% (p47 of band) | |
| FHLB advances / assets | 5.60% | |
| Tier 1 leverage | 7.22% (p2 of band) | 9.80% |
| Unrealized securities loss / equity | -0.42% (p97 of band) | -22.81% |
| AOCI / equity | -0.52% (p93 of band) | |
| ROA (annualized) | -0.30% (p1 of band) | 1.17% |
| Net interest margin | 1.11% (p2 of band) | 3.41% |
| Efficiency ratio | 59.57% (p51 of band) | |
| Noncurrent loans | 0.10% (p25 of band) | 0.26% |
| Net charge-offs (annualized) | 0.00% (p25 of band) | |
| Reserve coverage of noncurrent | 964.03% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 78.88% (p65 of band) | |
| Auto loans | $2.0M (0.21% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $8.4M (7% of equity) (p89 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 154 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 3 | loans exceed deposits |  |
| 2012-09 | 4 | wholesale funding >15% |  |
| 2012-12 | 4 | capital falling | wholesale funding >15% |
| 2013-03 | 3 |  | uninsured deposits leaving |
| 2013-06 | 2 |  | capital falling |
| 2013-09 | 3 | wholesale funding >15% |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 5 | brokered >10%, capital falling |  |
| 2014-06 | 4 |  | reserve under noncurrent |
| 2014-09 | 2 |  | brokered >10%, capital falling |
| 2014-12 | 2 |  |  |
| 2015-03 | 3 | brokered >10% |  |
| 2015-06 | 4 | capital falling |  |
| 2015-09 | 2 |  | brokered >10%, capital falling |
| 2015-12 | 3 | brokered >10% |  |
| 2016-03 | 3 | liquid assets <10% | brokered >10% |
| 2016-06 | 3 | capital falling | liquid assets <10% |
| 2016-09 | 3 | liquid assets <10% | capital falling |
| 2016-12 | 3 | brokered >10% | liquid assets <10% |
| 2017-03 | 6 | liquid assets <10%, capital falling, expense ratio p90 |  |
| 2017-06 | 3 |  | loans exceed deposits, liquid assets <10%, expense ratio p90 |
| 2017-09 | 4 | loans exceed deposits |  |
| 2017-12 | 3 |  | loans exceed deposits |
| 2018-03 | 4 | loans exceed deposits |  |
| 2018-06 | 3 |  | capital falling |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | loans exceed deposits |
| 2019-03 | 1 | loans exceed deposits | wholesale funding >15%, brokered >10% |
| 2019-06 | 2 | wholesale funding >15% |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2020-03 | 1 | loans exceed deposits |  |
| 2020-06 | 0 |  | loans exceed deposits |
| 2020-09 | 2 | loans exceed deposits, capital falling |  |
| 2020-12 | 0 |  | loans exceed deposits, capital falling |
| 2021-03 | 1 | liquid assets <10% |  |
| 2021-06 | 1 | capital falling | liquid assets <10% |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | capital falling |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 2 | losing money, NIM <2.5% |  |

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

- 2022-03-15 [Monona Bank and State Bank of Cross Plains to merge - In Business Madison](https://news.google.com/rss/articles/CBMif0FVX3lxTE1qaXhhVHh0LXRuZnN0ak1JbU9tNGRGU2dWUlZhNXZkakJRRDhlcjBDbF9mNnZGeGNhN2otNDB5am5Nc1VqODRyNzRST2tJQThfOTQ0a0o4enJjdWFRY3EyWnVDM0JSbFpCYlRwcWN5dHV4R0VzM1VQVk1LdDdveXM?oc=5) · In Business Madison
- 2020-09-18 [Monona Bank reinvents its rotunda with a new café - The Capital Times](https://news.google.com/rss/articles/CBMi1wFBVV95cUxPdVZPdFhlbUE2ZTNDcVdDU2xUMUV1RDhvUl9IdWZWdk9GY0x1X3FULWJVaHA5QXJZNkdtREJWR0ZDNV9zNXN4NkZDTWZhSHRGR09oY2dLWFUyNlR0VXRwUlJaQ2FTQTFIcHRMVzVzcXNITnFMbWJRdlEzekZiNWdGTUtyOEswNWw5RktldkxrSDVSMWtvTFN3ejFSaFE5aUN5Ykl2VlJmY1pzNkhmVlNDOE1wYzVscS1YYnlJV0lVMWJNYWFXcnNBY3AtNV8yYnRZc01pQm1ENA?oc=5) · The Capital Times
- 2022-06-21 [Racine Banker, Alvaro Araque, to Serve as Officer on Bankers Association Board - Urban Milwaukee](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPcGstZWhTNGtVSEluZDJYajl6NVJKcWEyc0tZTWpiNkItbW1IMElrUUNqZHVfcjEyYlN0RVNHcG44X0lmSHhITXRMWENVeFpvN2FuUUpMUWJrS3h4U1lsWmtxaHFFSzdVT1huM2k4NzJQeFZZTm1CVTlJdTQtdGxkd1lpSHFPOUZtazVUZXE1S2FQdzVCQk5RbGJMMkpRc1hlSDA4cW1ZZDlzM0xVc1Z3T09QZXBhb196?oc=5) · Urban Milwaukee
- 2021-12-09 [Virginia "Jane" Triggs Obituary Dec 9, 2021 - Cress Funeral and Cremation Services](https://news.google.com/rss/articles/CBMidEFVX3lxTFBabWJBRGJjbGhfUGZtREplU3lxbFJUdS1PdFM1M0hHNXlTRC05dHk2b1hpSmJxNktibm1YNXB0dHA5bm4xeGRFQ2FpUVVQVlFPNWJGSllDTjlmcXJuVzlDVU9sdk5uUmVHQmdfT2cwb0pJbkNs?oc=5) · Cress Funeral and Cremation Services
- 2017-06-21 [Obituary information for Richard F. "Dick" Lee - Gunderson Funeral Home](https://news.google.com/rss/articles/CBMiekFVX3lxTE9sNnJuX0ZoTWRoblhnYXZXNU1uUDJjZUdtaTBGN1ZFY2N4SG5leG05Mmx6NjFJTFJrNHg0N3FyNUFjazhrSk9YX0VPYmNCMUZ1V25JZW9leGN6WklqazdEZDk1R0VIZ3JiRFBJcmJqTklZUm1WaUtmNnF3?oc=5) · Gunderson Funeral Home
- 2022-07-12 [Stoughton’s ‘The Fifty One’ bringing in 81 - stoughtonnews.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxNc2xiSk13cnZWS0tfcW9iX2MtVkFLZlAtWTdBdTZOaVMwckxBVmJLUi1sM2thNHdYLXJzbTlOd1FkZnM2V21lcW1iYTBfR2szQ1BURUtSZHJDVGNRcUxGQXV4YW9ja1ZWc2NheEZiNDVWY0R1UUh4VDhrTXRGeElSWVQ2dkd6allaLTNncEh3dFlPME1zVV9WUy11VkxkaEItZ3lLeHJsQzRXa3ZjRHRLdDY1Y3FmbkxoNDB0RlM2QkFLUHB3ckZSR3ZHcTBzdEE?oc=5) · stoughtonnews.com
- 2022-03-22 [Local bank merger an offensive move - In Business Madison](https://news.google.com/rss/articles/CBMiakFVX3lxTE9kZ0t4VDktYUkySlNwUUEwV0F0Y25nSXdPdm5oMHdEWi1FTjJfWm1hbEJOUmNsTHQwQm15a0VlVWdUaFNQVmtPclFham9raExvLUZldm5Kc2dwTFRaZ3Vwb3BKSjUwNFViZEE?oc=5) · In Business Madison
- 2017-09-08 [Destination: Atwood - Isthmus | Madison, Wisconsin](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBMZHltRm9tcjVtU2FMRHBGMHBQWnhSUWYzY2phOXkyRDUwbFZjYTY3VF9SYUF1dm5SWFJIcWhoZ2o0VUhyeGd2eHd0dTBJdGxEOXBDUmJwZVJPdTc1ZmE2dFNIaWwwZw?oc=5) · Isthmus | Madison, Wisconsin

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33458 (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/50.json (key "33458", 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