# PREMIER BANK
ROCK VALLEY, IA · FDIC certificate 34384 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $826.5M | |
| Deposits | $671.7M | |
| Loans and leases | $714.5M | |
| Total equity | $87.3M | |
| Loans / deposits | 105.11% (p94 of band) | 82.04% |
| Liquid assets / assets | 10.51% (p6 of band) | |
| Uninsured deposits / deposits | 25.79% (p49 of band) | 25.97% |
| Brokered deposits | 10.43% | |
| Wholesale funding | 18.05% (p92 of band) | |
| FHLB advances / assets | 7.62% | |
| Tier 1 leverage | 9.55% (p24 of band) | 10.81% |
| Unrealized securities loss / equity | -0.44% (p91 of band) | -8.10% |
| AOCI / equity | -0.17% (p61 of band) | |
| ROA (annualized) | 2.24% (p91 of band) | 1.28% |
| Net interest margin | 4.09% (p60 of band) | 3.91% |
| Efficiency ratio | 39.82% (p5 of band) | |
| Noncurrent loans | 1.51% (p83 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p14 of band) | |
| Reserve coverage of noncurrent | 77.77% | |
| Real estate % of loans | 44% | |
| Construction % of loans | 30.52% (p37 of band) | |
| Auto loans | $9.0M (1.26% of loans; DQ 0.45%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 14.0% | |
| Employees | 65 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2011-12 | 1 | loans exceed deposits |  |
| 2012-03 | 3 | wholesale funding >15%, liquid assets <10% |  |
| 2012-06 | 2 |  | wholesale funding >15% |
| 2012-09 | 2 | capital falling | liquid assets <10% |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 |  |  |
| 2013-06 | 2 | liquid assets <10% |  |
| 2013-09 | 1 |  | liquid assets <10% |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 3 | wholesale funding >15%, liquid assets <10% |  |
| 2014-09 | 2 |  | liquid assets <10% |
| 2014-12 | 3 | liquid assets <10% |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 4 | brokered >10% |  |
| 2015-09 | 5 | capital falling |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 4 |  | capital falling |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 | capital falling | liquid assets <10% |
| 2016-12 | 4 | liquid assets <10% | capital falling |
| 2017-03 | 4 |  |  |
| 2017-06 | 5 | charge-offs p90 |  |
| 2017-09 | 6 | capital falling |  |
| 2017-12 | 6 |  |  |
| 2018-03 | 4 |  | charge-offs p90, capital falling |
| 2018-06 | 5 | reserve under noncurrent |  |
| 2018-09 | 6 | noncurrent p90 |  |
| 2018-12 | 3 |  | liquid assets <10%, reserve under noncurrent, noncurrent p90 |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 | reserve under noncurrent | loans exceed deposits |
| 2019-12 | 3 | loans exceed deposits | reserve under noncurrent |
| 2020-03 | 3 | reserve under noncurrent | loans exceed deposits |
| 2020-06 | 4 | noncurrent p90 |  |
| 2020-09 | 5 | loans exceed deposits |  |
| 2020-12 | 0 |  | wholesale funding >15%, brokered >10%, reserve under noncurrent, noncurrent p90, loans exceed deposits |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | assets shrinking |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | assets shrinking |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | loans exceed deposits |  |
| 2022-09 | 1 | uninsured deposits leaving | loans exceed deposits |
| 2022-12 | 1 |  |  |
| 2023-03 | 0 |  | uninsured deposits leaving |
| 2023-06 | 1 | charge-offs p90 |  |
| 2023-09 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2023-12 | 2 |  | liquid assets <10% |
| 2024-03 | 2 | capital falling | charge-offs p90 |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 | liquid assets <10% | capital falling |
| 2025-03 | 1 |  | liquid assets <10% |
| 2025-06 | 3 | wholesale funding >15%, liquid assets <10% |  |
| 2025-09 | 2 |  | liquid assets <10% |
| 2025-12 | 3 | liquid assets <10% |  |
| 2026-03 | 2 |  | liquid assets <10% |
| 2026-06 | 4 | brokered >10%, reserve under noncurrent |  |

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

- 2026-03-24 [IFA Honors Premier Bank and Jayme Ungs of Peoples Bank for Advancing Beginning Farmer Success on National Ag Day - Iowa Economic Development Authority (.gov)](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOOUx2UkpSOGczbmpUN1d6WVJQR3RVVkkwbFVaOVdadlVqZ1FiM1U0TzF0Z2pYYVJkeURXMlo2Nms2cDBRV0Ywb1ptTmxxNVlOX0tsQ2RVbkladGRFUENoOWRGeTFmTEppU2pwMTRRVlUtQi11b1JKWF9oWDhCTEZJdVJKV3cxUTZwbEFsMVRXOEU5T3BNMUpSOWJDdnlabG95NE9KMkhVbmo3UlNST0lqN2NqUkRQb2loUzFpWjFzektNQ1RRbVFVLXI0ODh3V0NtSDhsQUR3V0NEWkp2NGlXMThPWlhmQQ?oc=5) · Iowa Economic Development Authority (.gov)
- 2026-07-31 [Premier Bank CEO receives state banking award | Rock Valley Bee - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMixgFBVV95cUxQakZXNE5NWkVGZTJJUGZJTFZhajM2S2pwSkM5ZmhOQ1BoWHpma2Q3QmNLZGdTMVFRaHgtODNlb3A2Q2VkU0FZbktBVE5mRWlJUVdDS1BLb1lPRDhUT3VDUlFPTEwwc1R2aWRueHlLUzlBVmxocVo2OTBUUnUxcFl2YlV0WW81UTJ0SFFqT2tWLVAxNkJpQU9SUkpZZ0V3Yk9ac1M2TzFPaWpIYkltVVMzSC1Zdy12cFdaZW90d200U09DcTUwY1E?oc=5) · The N'West Iowa REVIEW
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-02-09 [Adrian State Bank changes name to Adrian Bank following acquisition - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMimwFBVV95cUxPemNaanJrXzg2c0ZuY2FqRkdBVjdNSW1LRmFzaGpaT1h6cV9udmhHYk0ycGtiaktiYkZmZXRDY2FkSjJQc0RIZE1KZ1B4ZlZ4LTBRZnhpRjdqN1BOS0FfRjJRMjMwM1VQemJzT2FQZUpaWV8zY0lOOGlrbnpNQVpKb1B0NVlGQTZPa2twcW5hbTh5NUR0LWpyS1JoYw?oc=5) · The Globe | Worthington, Minnesota
- 2025-12-16 [Movers & Shakers - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiWkFVX3lxTE4xbl9uQ3pJbUMwUjJ4OGRtTExYY3hzV0hjbGVwdnN5dzAtOEtjMWFGY25qMWJiTkFyY3drR2lsTklPVlJoQUhNb1NxbjB0LTFxUk1KdEtBcGRFZw?oc=5) · SiouxFalls.Business
- 2022-08-22 [GreenState scraps acquisition of Nebraska bank after judge denies appeal - Banking Dive](https://news.google.com/rss/articles/CBMilwFBVV95cUxNODE4V0Y3X09FTG41c1hWZ2dTTjQ4eUdJY3BNa3FtbnNqSGZ4TGhlZzJSUEhIRlRyMHhSSTJUZTFKUGZHTFBQZ04zMUIyTC16YjJpYjhwVFJhXzVqS3IwQ2pjMGg4b3NPUWJWZ04wcDNyZDZaUHlkcFFFNlhjTGtHN3FfajRianFtVWFLT3hTTGlNYmxORzRr?oc=5) · Banking Dive
- 2022-08-19 [GreenState Credit Union calls off deal for Premier Bank in Nebraska - American Banker](https://news.google.com/rss/articles/CBMitwFBVV95cUxNS2tNVTVpQzkzMXUyN0RKU2xINXloU1g5Wml5UEpuS1NuSTU3NkxucWtGNnM4N1RBSWZ3ZEQxSk1HREkzUEEtY21zZVlndkxELTBKcG80WWg5UVg1S3Y4MXI0YnhIX2tja29QYUdXcl8yQWtwUEVibGJfMEhMWDBBMVhaN2l2UzBuak9iRmM5M3hRQ0RGWGRRSERvd2VkaWJPNkFkajVZbW5oSUhCU1hucWJaSFJRTGM?oc=5) · American Banker
- 2020-11-25 [Premier Banks founder remembered for faith, financial legacy - thecatholicspirit.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxOUDFKSE1Rb3JQdXgyVzdjbXNSbXhqX0N6RGN0MzJVX3h6cDJhX3ZJRTVwd1ZxbEg4a1Q4dU1vT2hpeUdCMWxUc2k3OE1IemRtN2ZrMzUybDBxU2xoLVg4MURVRTlVMkhnZ2NMbnFtRFAwOG9hTjlZeV9QNkN2V3dfdEJpdFF0NDZOejdfOXNQR3BmMkZKaTJxRmFudjk1cGFkbk5PMWdybHJxRUU2Q2JwdjQ4Y1EybllNd19OYmFB?oc=5) · thecatholicspirit.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34384 (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/16.json (key "34384", 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