# CHARTER BANK
JOHNSTON, IA · FDIC certificate 34686 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (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 | $227.5M | |
| Deposits | $203.5M | |
| Loans and leases | $166.1M | |
| Total equity | $23.4M | |
| Loans / deposits | 80.83% (p64 of band) | 73.59% |
| Liquid assets / assets | 25.15% (p32 of band) | |
| Uninsured deposits / deposits | 13.08% (p24 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.03% (p40 of band) | 11.76% |
| Unrealized securities loss / equity | -7.78% (p47 of band) | -6.57% |
| AOCI / equity | 0.09% (p89 of band) | |
| ROA (annualized) | 1.75% (p78 of band) | 1.17% |
| Net interest margin | 3.64% (p35 of band) | 3.93% |
| Efficiency ratio | 49.93% (p13 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p54 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 81% | |
| Construction % of loans | 18.31% (p51 of band) | |
| Auto loans | $4.2M (2.51% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 8.2% | |
| Employees | 24 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | construction >100% equity |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 | capital falling | construction >100% equity |
| 2017-09 | 1 | construction >100% equity | capital falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | construction >100% equity |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 | NIM <2.5% | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 | AOCI drag >20% of equity | NIM <2.5%, capital falling |
| 2022-09 | 2 | securities losses >30% of equity |  |
| 2022-12 | 4 | deposits shrinking, uninsured deposits leaving |  |
| 2023-03 | 3 | assets shrinking | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 2 |  | assets shrinking |
| 2023-09 | 3 | securities losses >30% of equity |  |
| 2023-12 | 0 |  | deposits shrinking, uninsured deposits leaving, securities losses >30% of equity |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | capital falling |  |
| 2026-06 | 0 |  | capital falling |

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

- 2025-10-23 [Nicolet Bank to buy MidWestOne Bank, expand into Iowa in 'transformational' $864M deal - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMi5AFBVV95cUxOTXpETHkzZ2RSXy1ld2k2WVZzbG1QNHZveGp3WHFSUU9TN01rbnB6NUE1d3dFMng3OWNTWEE0YVktcEJMa0cyQnAxdkdfWS1xWVdDdDFOUElxbzFZdFd6cXdrckEzVng3TF9TMFY1cTBYUVZkUWZkMkFrWFVocEF1MV8xdWZTOEVpME5aS2NlUV9yWGlneU5GMG9SU1pRVGwySmY3Z2djX0hXTzRVa0llMlMtZHItRXZFVjFhNUdtbE9FdkdTTWdqcDNOajExZDJodUF6YXpZNFhzUnhMV3k1aEhLTEM?oc=5) · Green Bay Press-Gazette
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-10-24 [Nicolet Bank makes $864M deal for Iowa, Twin Cities foothold - Banking Dive](https://news.google.com/rss/articles/CBMiogFBVV95cUxQbmJjNFpJY1hwZXRsY2MyVGk1V05Fd0d2c3h1T0daaG1NbEhUei1YRHBNbXZFbFFlWFhoLTg4X2NyTEdhMjlCY3IwVVBheUdKRTZFYXFScm9MY1FFUHotUEtINjRBcGFTTmV1RXBPb3lvWVAzREp2Z3ZLVWVWNlJfdjBhSk5pRk9KVXh4WXoybk1aLW1IQk5rTmJGOGMtaXZHTnc?oc=5) · Banking Dive
- 2026-01-02 [Wisconsin bank to target small businesses in Twin Cities expansion - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxNMDZOZFp1WjNzQnh2eDlVb053UDE2YWdKNV9iVXhIbmRmX1cyZlpja29wdHpVc0M2eWVXbXhRc3RiUnlRQ1BsZ3pGSTN4SFJEUkJqT1VzRFBhM3NYSVpab1ozbUVxNnkwSkd6Skt3NDZpeG9MZ2VGVEZiQmk2NkI0VVM5N1dzWHpkd0hEM0RzVnh0cFpMOUg3MUMyblJtc2EtYlgyTA?oc=5) · The Business Journals
- 2024-11-11 [Lewis C. Hazlewood Obituary March 12, 2015 - Caldwell Parrish Funeral Home & Crematory](https://news.google.com/rss/articles/CBMibEFVX3lxTE1JbEU2LUFmX3ZkLW4yaks4aXJ3YzMxWWxabDFBclJEWWdvbmtaRldSME9RWDNmbTdsSm1UNnB6ZWt6RTMwaThzbGV6WmhWM1pVTDlobHNlV1liRHVEVlJtN1hwV2NZdkdYUFdMcA?oc=5) · Caldwell Parrish Funeral Home &amp; Crematory
- 2025-02-22 [Jean Allen Linn - hamiltonsfuneralhome.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5wYXBrUzk0SkRMZlZpLW1iNTE1VXFrdW04YXhBeVhQaVZDbVU4cjY5OEFVeWw4X1d2LTZySXllU2w3d3pyLUw0U1VHeWp6YXU4dl9nWVhEVjhPaWdNdnZlT1dfd1VEXzA?oc=5) · hamiltonsfuneralhome.com
- 2026-05-04 [Cindy Rae Delaney Obituary (2026) - Waukee, IA - Ernst Funeral & Cremation Services - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPMVhpNDRpOEhhYzI2ZTFOMVpkVjQ2UnlKSkl1TFRSMGpCU2w3Szd5WFZjSVJyZ2VXNmlERnVXaExYUkhRSDM0UGpBRTNGdjBCVVI4RnJmQnVGQ0owcnhpU0xHVWZjRTN2SEdGNUY5VFROMktPdzRrVHExOC1rMVB6bFp3?oc=5) · legacy.com
- 2025-12-30 [Nicolet National Bank to target small businesses in Twin Cities expansion following $864M acquisition - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPSklyNEppN3VOZXJWZE94WmJGRWM4N1FTMHhsaVQ5dVlNYjBvWl9waHBseVR2WThwUWRPWUhvYTBYSEJMVHJ6MV9iZWRLaHVGX0pMRnlmQ05qTU9VWTllS0tpNURBYVZZcXFHTW1QRkRpR1pOWEZiVEt2RlRFZUlmRzJmTm5QblU1QU1RekhkUFBYZmRNQnBrMFJrWHpJWjlOamNCeU93?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34686 (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/62.json (key "34686", 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