# MADISON BANK
RICHMOND, KY · FDIC certificate 34306 · asset band <$300M · latest filing 2015-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $118.9M | |
| Deposits | $95.1M | |
| Loans and leases | $80.9M | |
| Total equity | $12.9M | |
| Loans / deposits | 83.21% (p69 of band) | 72.67% |
| Liquid assets / assets | 30.32% (p44 of band) | |
| Uninsured deposits / deposits | 10.50% (p37 of band) | 13.36% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 8.75% (p79 of band) | |
| FHLB advances / assets | 2.52% | |
| Tier 1 leverage | 10.79% (p54 of band) | 10.53% |
| Unrealized securities loss / equity | -3.53% (p7 of band) | 0.18% |
| AOCI / equity | 0.93% (p97 of band) | |
| ROA (annualized) | 0.52% (p29 of band) | 0.82% |
| Net interest margin | 3.76% (p59 of band) | 3.60% |
| Efficiency ratio | 81.94% (p71 of band) | |
| Noncurrent loans | 1.46% (p69 of band) | 0.74% |
| Net charge-offs (annualized) | -0.10% (p5 of band) | |
| Reserve coverage of noncurrent | 149.28% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 85.22% (p93 of band) | |
| Auto loans | $94,000 (0.12% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.1% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking | reserve under noncurrent |
| 2012-06 | 4 | uninsured deposits leaving | expense ratio p90 |
| 2012-09 | 6 | expense ratio p90, reserve under noncurrent |  |
| 2012-12 | 5 |  | reserve under noncurrent |
| 2013-03 | 4 |  | expense ratio p90 |
| 2013-06 | 2 | capital falling, charge-offs p90 | losing money, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-09 | 0 |  | capital falling, charge-offs p90 |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | deposits shrinking |  |
| 2015-03 | 0 |  | deposits shrinking |
| 2015-06 | 1 | deposits shrinking |  |

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

- 2023-06-27 [BofA to Open Financial Centers in 9 New Markets by 2026 - Bank of America](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPUHhvUlBWRXFJTTlLRzI1N3lBMThzbkxTZnVNM2Nqd2stMHc5NXV0dFpUVWJqN1k5VmEtVlpvR09iQkpRbXRURms0SGQ0ZkttSzdBOGxzS3RKWVRBSE1pMlF3c3A3b3BRTHpkclM0SHp0N2xGOVg2dklIaURZbUhvZUJPRUpyX0hfd3BTS3k3MFpkUk11S2hKYkRHclF5T2hjTTYzNDAtM0FrXzZEUm9Uek9WRUp1T1o2ZjZMSngzWW5aVzJTa00zNl9ySE9SRDV6?oc=5) · Bank of America
- 2022-11-04 [Arrest of armed robbery suspect in Madison leads police to make additional arrest after drug bust - WDRB](https://news.google.com/rss/articles/CBMijwJBVV95cUxOQjlScVpyd0R2X054bEFPTUZZSDR2eWhlS29HcmdXcEZ0dE8xbUttdU9rYWF6aUJZVFo3dUVVaTFRclBLcHJUQ0pxaUc1YVJ5TjFSNC1LWjhRSTJwNUdBT09NSkNzYjhFNFdxR2dKU0ZfSnd0aUtraDdLSU80NV82bFhvZHZhZzhKd1hRSmNCRXpjRGcwRjVReGk1cWU2TUhmUkRZNDZGME5KTU41RHV3aEsxVEg4RWtGTW5IUFZLQXlSSnoxb0lteHRzU2pvQ1hTZTMxWlU1UFptMVpPek56N2tHRFBJbjRKb1ZKYmgzZUZfc0Z1VTRsd3FvT2hHZ1J0TGVDRnFWVjJES3o1MFdB?oc=5) · WDRB
- 2014-07-02 [Man believed responsible for Madison bank robbery captured in Arkansas - WLBT](https://news.google.com/rss/articles/CBMieEFVX3lxTFBaemNTaVJHTVFGN211RVRHSURaemZLMDJUS1duSXlXMTUybDRUZDV3Rm9TYUZiY1Y1WVJ4Vk41Q3ljZjZIVFJmS01saVVPRS1UQ0lkaVMzYk5jSzhHcjJza3YxUTRHcnJhekV4TVk3VXE2c0F4eUZ4LdIBiwFBVV95cUxNZG1aajF5MElZb3JpZ1k2VkU2VW9RWG8xb3psNElwZDhWSEhFeXo0NlplN1R2Rmhlb1lWSThvenpOdmFRdldPTGRnTjZyWmxORDJmZXRqeG5vNnhIS1hVRXphQkVCaEN5OV9Hdy00eGhDTGJKTHFPQU1Ecng0TUVQeld6T2xNS1Rqam1B?oc=5) · WLBT
- 2022-10-04 [Obituary information for Frank Morrow - orpfh.com](https://news.google.com/rss/articles/CBMia0FVX3lxTFAxSF9SN2s0amdVQ2V3Qk9WZ3NCZGoyN1lWLVhheW9DQUxFNE5kOFJwaFNIS0o3MVlQSmtub2ZId0xzM3Ixc3ZSdTVZamIwY1dMc1lQb3p5Tm16TlNkbmNzN1dHQkhDSVlmS1Yw?oc=5) · orpfh.com
- 2026-07-05 [Velma Lee Brooks Butler - Madison Courier](https://news.google.com/rss/articles/CBMitgFBVV95cUxNZFh5TnZVSC1tcFdDX05BWlUya3dielU4MGhzbE12OVQ0LXJwSk9WMEVIS21uUlVncC0tZEZJV1c0LW01WnFhYmNyNTdWMktjM2h3LWtXRWhmZjR0d1J2OWwxck1xMEJrUGxpbW9QWnNmOUVjR3RnT183MVI5ZVhLbV80dFBUU1RFRmZERUk1NGc1dHoxdGdpdkVMUWQ4VkVQQ1Y0bVFnQ2ZJMWotYTVLSTFEcmZjQQ?oc=5) · Madison Courier
- 2025-12-24 [Wanda Jean Riddell Obituary (2025) - Irvine, KY - Warren F. Toler Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPTnc4NmpRbnZJakZYeEMzbnU1czktWjdVbHVJelhHVTRlcWJacjV4RnlycHJvVDVTbTh2Q3VLVFFRd0NHMnNVQXY4WUlscVhVS0JkdW5iT1IzQ25uNGNLNGlHZnRuSmRqS3NQeVJ5aTVPSTZlN2RtajhyMmZmRHhvVkp3?oc=5) · legacy.com
- 2016-04-06 [Marshall teen nets 32-month prison sentence for robbing Madison bank - Wisconsin State Journal](https://news.google.com/rss/articles/CBMingFBVV95cUxPeHA0R3JFOThEYWsxZnRQdDlqTW1aR3hfWmxVdmlITkl6VEtmQWhHeEhtYkhSSmhGRGxGNE9NRG5DT08ycE02SWNmTjZjVFk5STVuZkEzTzlWaVZMX1dVTFE4d3BnaERPbWMwSE5zN21NSUtwVEtlanZSYWNTLURXZjJQQ3FlWWdvcVRtYThoS3dXMGdiTlBrYVVUNlNLdw?oc=5) · Wisconsin State Journal
- 2024-09-30 [Patricia Wisman Obituary (2024) - Madison, IN - Morgan & Nay Funeral Centre - Madison Chapel - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPT253V0x0ZGlRV0Y3TDBvRXBuTjJjUHRIcFBnWEJjWHVzWlo0N3Y3WXdfZUVuZVhJM0huMGJMV2xOWUFSYlVxaGNRSU4xN3NFVjdrOVB2Ty04LTJlMEt6WWR4Y0xCb1VFVm1uOGd1bjFURkxYNUlHSFItUy1hUThWWXFyWWc?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34306 (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/2.json (key "34306", 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