# TARGET NATIONAL BANK
SIOUX FALLS, SD · FDIC certificate 33868 · asset band <$300M · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 5 (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 | $138.1M | |
| Deposits | $56.8M | |
| Loans and leases | $40.6M | |
| Total equity | $57.6M | |
| Loans / deposits | 71.48% (p56 of band) | 68.02% |
| Liquid assets / assets | 34.89% (p48 of band) | |
| Uninsured deposits / deposits | 99.12% (p100 of band) | 8.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 40.52% (p98 of band) | 10.05% |
| Unrealized securities loss / equity | -0.03% (p4 of band) | 3.01% |
| AOCI / equity | 0.00% (p47 of band) | |
| ROA (annualized) | 12.80% (p99 of band) | 0.76% |
| Net interest margin | 0.81% (p2 of band) | 3.75% |
| Efficiency ratio | 89.21% (p80 of band) | |
| Noncurrent loans | 0.00% (p5 of band) | 1.21% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -16.4% | |
| Employees | 99 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | uninsured deposits >50% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 4 | capital falling, run vulnerability, NIM <2.5% |  |
| 2012-06 | 3 |  | capital falling |
| 2012-09 | 2 |  | run vulnerability |
| 2012-12 | 5 | capital falling, deposits shrinking, assets shrinking |  |

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

- 2024-05-20 [Target to discontinue operations of Sioux Falls satellite site - SiouxFalls.Business](https://news.google.com/rss/articles/CBMilgFBVV95cUxPN2dKSWlCRzhZNjl2NHVjdTFoODhBa0d6UWxCUjhjdTNHWWM5UmtQNHpqczlxOFM4OEVibG1ORlR1dTA5dDdBNFFxVmFlb0VMNUFTVWhBNlktMDdfek5XOFlBQktEUml3bGxhMmRJTjlxX05XVTN0cFU3Z05HSkdCNFFfbGswc0tjRG9ORUhFQ3JMRnk4WGc?oc=5) · SiouxFalls.Business
- 2011-04-21 [Woman Sues Over Target Debt Collection - CBS News](https://news.google.com/rss/articles/CBMihAFBVV95cUxOcUY5dWZFemV5ZkdJckxXMk1QcDF3cVVKakFMNFJ5TFdyN0U0ZE5xNnp1clJDNjduRjJ3NEp4SmtSZ29FQXNYb1VsSEI1T2FtRzI1blJDMVhvUmp5TXhhNlBBelM2Z3FrVWIwNjQwMWc3LXh6RUdOTEVGWFJ1Q3JQVnRlN2g?oc=5) · CBS News
- 2019-08-01 [Terry Alan Wilson Obituary Aug 1, 2019 - Minnehaha Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMibEFVX3lxTFBXTi11N2RWQ3dHbmZCaWtfOEVpNkNXY3JaSkFXbFJ3Q0lLNmllUnRWRHE1cElyM1JhUUF1RGZhNlF6V09kNmJCZ3pqSlVuNlE5UU5LdjRjc0d1aGtSSC1xMHU4SGVOc21tVGlyag?oc=5) · Minnehaha Funeral Home &amp; Cremation Services
- 2026-08-26 [Scotia Raises Bank of Montreal (TSE:BMO) Price Target to C$270.00 - marketbeat.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPOEVrRXJFWlBuZ0Flb2RDYzFBMWVSQm9vOHkxdjIzRUZNS0dfNkg1WTRQMWdzZHBNalFyeFVLWGZoMmZ5ZHMzaWJiRGU4RXV5eHpfZTI4WExpdDVuVVFxdEJWcmtrSHdMekNyaXFLUWJ4U3Z6TEY3ZEVXLU12RnI4SDg0UlpiQ1hoLTNqaGFvRnlVcDhlRUtmanhJUUVUNkZqZl93dEZDZzF6Mi1mYTQtcFpQcTlabHVTNkFHYmZjME0?oc=5) · marketbeat.com
- 2009-11-02 [LAWSUITS FILED - Northwest Arkansas Democrat-Gazette](https://news.google.com/rss/articles/CBMidkFVX3lxTE9TNzFaLThkTXB5WThPY0RMcTFMWDZqMFRhaFdZVlpOU0x1U2d0YjFDRGJhbUdKSmFQYk5TVnEzYmZwemZUR2V3SmdnamhkWmotcGlUVllxZGtzVUdvRV9mbDA1T25MOHFpdFptQXl5YkZpdGgxRVE?oc=5) · Northwest Arkansas Democrat-Gazette
- 2018-01-01 [Real estate transactions: Jan. 1, 2018 - Bradenton Herald](https://news.google.com/rss/articles/CBMihAFBVV95cUxPN2NrX2hSMjBmZ1ZpNzBURmg4MkZCRGhFbEVEcEdGbm12MTJWVGFFOV9yZG1DWmRuempzNkNVSV9xTk9yV28wN256cTFWLXg2c09tM0g0bF95X0ROekpSUkttZi1jTlZDU3h4QkROMjFsWU5ZTmVES2VOYVYxa3VnSlU4UXbSAYQBQVVfeXFMTXFoNTRtN21kVUJKekZtV1JCYzdsTFoyQmJYMS1QUjhWbTR0VVZtcHZIU0cyM1VwcjN6UDFuajR2SmliZGtMNFBRclZsd0ZaN3hrTlBJQm0xY1lidWFCRVhwWHF5MldwbFduTHU4QS1QSEhhUTVvSjdXV1l2VDU5RHQtNXls?oc=5) · Bradenton Herald
- 2025-11-05 [Blackford County Court News - Nov. 5, 2025 - Hartford City News Times](https://news.google.com/rss/articles/CBMizgFBVV95cUxPR0VmUHozd1RaMlpNMElmb1BVVHJhYlFac2g0RUt4UHZHc2tPOUVBQnViME9wYVcyWjd6ZGhtQlliVjNiY2hiWVdZSWRQZzBmV1RjWXVETE4tZ3JwUXVZTUp4b1pNbnFsdHBCVDFheEJ1RjlROWVValJmcXJVYXVjMm5mejU3dE5keWU4NU5mRWk2TmYzX2E3XzA4cHBzQ3UybVRmeUNjMlJQRjdHVVc4SWxxeHpSaXZVQnFnN2FHekJyNmEzOGJVMUYyRWNKdw?oc=5) · Hartford City News Times
- 2026-08-26 [Bank of Montreal (TSE:BMO) Given New C$271.00 Price Target at Canaccord Genuity Group - marketbeat.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQWklWS2ExbE42aW1mRDk2Mk45azZFM2NUVUVSVGYtM1N1Ukc0d1pCc24xbUU1NlJUTVNNWUpkQUUzRzZBN3FIMnFYRW1JTGkyTlVqekdkRzIyUjRsSFNSbzFuSXJTZHFsX04za1Q1dzVXR2JoR0cxcDR3MDdvbG0tWTl3T3NNZm9CLTlndUpBUzRZQUZhT2thYS1KLXplQzhleUFRUld3SHV6VWE4NDNZUlNZOURWSHJyeG9NZUZnenZTUFFNanhabW4tQWRCRDJ2TjNubmtiM3RTb1k?oc=5) · marketbeat.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33868 (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/12.json (key "33868", 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