# RIDGESTONE BANK
BROOKFIELD, WI · FDIC certificate 34101 · asset band $300M-1B · latest filing 2016-09 · 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 | $452.7M | |
| Deposits | $360.1M | |
| Loans and leases | $388.0M | |
| Total equity | $66.9M | |
| Loans / deposits | 105.35% (p93 of band) | 84.10% |
| Liquid assets / assets | 8.43% (p3 of band) | |
| Uninsured deposits / deposits | 8.80% (p8 of band) | 20.48% |
| Brokered deposits | 9.31% | |
| Wholesale funding | 11.40% (p71 of band) | |
| FHLB advances / assets | 2.10% | |
| Tier 1 leverage | 14.03% (p91 of band) | 10.18% |
| Unrealized securities loss / equity | 0.41% (p21 of band) | 2.01% |
| AOCI / equity | 0.41% (p31 of band) | |
| ROA (annualized) | 4.49% (p100 of band) | 0.94% |
| Net interest margin | 6.52% (p99 of band) | 3.61% |
| Efficiency ratio | 45.97% (p6 of band) | |
| Noncurrent loans | 1.67% (p84 of band) | 0.65% |
| Net charge-offs (annualized) | 1.16% (p99 of band) | |
| Reserve coverage of noncurrent | 133.42% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 16.30% (p25 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 3.2% | |
| Employees | 170 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 6 | deposits shrinking, assets shrinking |  |
| 2012-06 | 7 | charge-offs p90 |  |
| 2012-09 | 5 |  | brokered >10%, wholesale funding >15% |
| 2012-12 | 3 |  | noncurrent p90, reserve under noncurrent |
| 2013-03 | 4 | reserve under noncurrent |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 1 |  | deposits shrinking, assets shrinking, reserve under noncurrent |
| 2013-12 | 2 | deposits shrinking |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 1 |  | deposits shrinking |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | brokered >10% |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 1 |  | charge-offs p90 |
| 2015-09 | 1 |  |  |
| 2015-12 | 3 | loans exceed deposits, liquid assets <10%, charge-offs p90 | brokered >10% |
| 2016-03 | 1 |  | liquid assets <10%, charge-offs p90 |
| 2016-06 | 2 | charge-offs p90 |  |
| 2016-09 | 3 | liquid assets <10% |  |

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

- 2016-12-08 [Byline Bank completes acquisition of Ridgestone Bank - biztimes.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE1fTHp3Z3pSZ0ZSclAxZ2NVRk9jRmJKdlZaNnkwZHJBTlRJY1cycjF3Z3BWZEFQTllXZ1JQRXhldTZZeGZzTzltR1AtWWlrZXc0c0NiaWx2TDFnMDNXWEdlN01VNEdfNmM4ZHlRRHVDd3NQRVN3OXpwZTlqRGtCVTg?oc=5) · biztimes.com
- 2023-02-23 [Byline Bank moving Milwaukee-area branch office - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOYy1TbTlCbXMzWC16cmoxTm96Q21xZnk0TXItd3BEbm1CNFI3Y0FXMmdxWXV1RjAxWjEzdGY3bndlYW4tb0tIOUFTUkpxUFBhYllWcFB1VVZSR1BqdllMaUVjQ3ZxaVFJWE9ZdmZjeC00SHA3ejhWT1hQUXBERl9aVExqNEU5Rm9KU0FmUW5BWWlFemxrWU1vLUdSdVR5NXlwY2o1TG5NYWdidw?oc=5) · The Business Journals
- 2016-09-06 [Spirit Halloween stores popping up - Chicago Tribune](https://news.google.com/rss/articles/CBMigwFBVV95cUxPVkI3Vk84TXl5VmVybnFyQndCQ3NQakdEaWs4SGMxWnJHVGxJM2tLSkl4OUk4QWRIeFZlMm5tSWxYYnhuMWhTNDhWTFFBYTNxU1lFVnZSMXliYktLV2NkVDBqNWh1dWxmSFd5WHlUOVFkWkVvd0lkLUN3YUk1dWpiVTVrZw?oc=5) · Chicago Tribune
- 2013-08-26 [Former Grand Rapids pastor to plead guilty in $150,000 loan scheme - MLive.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxOdGl3VldlaGl6cDloWFE2alhwd2tkQ3pSa3dqdGgzV3FSWVZKRUFlNDBTaEZ6NEZTNHlSMEJfQ3lIVmt0OVkyWVlEdUxqZENmV1JwMVhRdG44em9aOVNtSjBVQ1FQWWFjanhjM3N2MGF1XzFSMUpQMEZCYzFrelAtcHVDdE1ETGNMUUE?oc=5) · MLive.com
- 2010-12-18 [Without options, Duluth's Owens files for bankruptcy - Duluth News Tribune](https://news.google.com/rss/articles/CBMimAFBVV95cUxQN2haVXNDM09vcHJBbkJUN3BIMXhaaV9zMmFDMHNTbmV1WXVUdXpRN05kbFNHYWRoZ3dlOXpZQ0RuaFNLQzVHV3VEM2k0UTJQVFppZDFoMW9tRmxWS1I1cExUa0o2cDRZejJFNkhyVUpkQlRwY2VhMTZ2SlFBRGpuUUxYNm13ejhmTXFfczNyeHgyMVJtX1ZJdg?oc=5) · Duluth News Tribune
- 2020-12-06 [Richard Streff Obituary (1932 - 2020) - Brookfield, WI - Milwaukee Journal Sentinel - Legacy obituary](https://news.google.com/rss/articles/CBMijgFBVV95cUxPckZOaUhtN0JINWxFRnAyRzlHa3RIbmcwcE53aGRmaHh4QW1FOEh0dW1QUGlJZEdnUHRPVTF6RlZseHJuQTRMNVVRYVdnMmVJQXZrMzhuLVVJMVg1YjBqSXROb2JBcmpnc1dCVVZMZVotRFJpQU1sWVN2UHlwWEFmSjFmRGxHTWt5R1hPUTVB?oc=5) · Legacy obituary
- 2013-06-17 [Grand Rapids pastor indicted in $150,000 loan scam involving church redevelopment - MLive.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPRG5NSk4zLTJXek1qa2hXb2JrSzlOUDhxNVhJSlhJZGxPN1lIU0hMa1RCSExYV2drZE5CVDdpaWxFSWRjUDEzaUVncjRvcUMzWFBhbGFHc1hLdTJaWFNjTVF1bmpWd2pDU2NUME9DVi1fTnJJcS1NdGsyeTUzdjZfM2lNZ0p4SkxnczB3?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34101 (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/53.json (key "34101", 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