# FIRST COMMERCIAL BANK
BLOOMINGTON, MN · FDIC certificate 35246 · asset band <$300M · latest filing 2012-06 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 12 (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 | $215.9M | |
| Deposits | $206.8M | |
| Loans and leases | $173.3M | |
| Total equity | $3.1M | |
| Loans / deposits | 80.60% (p73 of band) | 69.17% |
| Liquid assets / assets | 12.04% (p4 of band) | |
| Uninsured deposits / deposits | 4.77% (p28 of band) | 8.28% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.48% (p54 of band) | |
| FHLB advances / assets | 1.53% | |
| Tier 1 leverage | 1.40% (p0 of band) | 10.02% |
| Unrealized securities loss / equity | 3.11% (p49 of band) | 3.21% |
| AOCI / equity | 0.83% (p78 of band) | |
| ROA (annualized) | -3.28% (p1 of band) | 0.78% |
| Net interest margin | 2.94% (p13 of band) | 3.76% |
| Efficiency ratio | 209.54% (p99 of band) | |
| Noncurrent loans | 14.31% (p99 of band) | 1.31% |
| Net charge-offs (annualized) | 3.13% (p99 of band) | |
| Reserve coverage of noncurrent | 26.74% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 450.22% (p100 of band) | |
| Auto loans | $9,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $1.2M (38% of equity) (p100 of band) | |
| Deposits YoY | -10.8% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  | expense ratio p90 |
| 2011-09 | 9 | expense ratio p90 |  |
| 2011-12 | 10 | capital falling |  |
| 2012-03 | 10 | deposits shrinking, assets shrinking | charge-offs p90, expense ratio p90 |
| 2012-06 | 12 | expense ratio p90, charge-offs p90 |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2012-09-21 [Republic Bank Buys Failed Bloomington Bank, Eyes Growth in Mpls. - Twin Cities Business](https://news.google.com/rss/articles/CBMiigFBVV95cUxNYU5oQ0oxbmdWb2pkVV82M3BoU1JDS2J2NUdiZWllN05SUDFMRXNGeE1aS182R0FNcVBjT0hUNDBoSEFwT0gyT2FWUU5xVElYYnNvSG5HWTNfUEROc29kaWhDX3lzRDJJSlRjUDU3RkQtTkFIa0lqN1V0M3dsZUpNZFJzZTU4TGRxWFE?oc=5) · Twin Cities Business
- 2016-02-06 [Ex-Viking Stu Voigt found guilty in one bank fraud count - Star Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxOWHFLSU9NUE9MMnZ4NW9WWjdOM05JZ0dZVXRIb3A1ZFFNSy05dTY3UVg1X0NYN1FhSDV6V21UejdxMWJOdV9vZXFGQUd1eTBzODBfN29BdVhQZ2ZVeDhxeW12M3RzRjlLZ1MxdDBNelJnbHo0VjR1UmJIYWJ4T3d3TXZ1QTNjVVB5NVl2WWJLSmZINjd3UFRBZlFB?oc=5) · Star Tribune
- 2016-10-13 [Former Viking sentenced in bank fraud case - kare11.com](https://news.google.com/rss/articles/CBMingFBVV95cUxNYkhLcWRsdjN2WUhqYlNZb1VxUElHU0NDbm5COGR3ZHY5VHZLSDRzVG1KMmtvMlJhaGhSRndjUTF3VEJEYzJzb21LanZkN285TkVKWk5ONFZYSDA1aTJYbkQxU2pBZkRJQU9rYnU0WVVmS0NfLUFkelBzUy1XV0h6NzF0aHRjYWtMTDNnWHBqZ1RxRTZBLVlCR2prYjVJQQ?oc=5) · kare11.com
- 2016-09-29 [Afreximbank earns first China Exim guarantee - Global Trade Review (GTR)](https://news.google.com/rss/articles/CBMiigFBVV95cUxQOTFYOG11N2lEX2NWTXRrUGw5LWlHZ3VDMGtoSlZtTXpFbjFwT3R0V0Myc0RMaS0tZjA1cE5sWUZlR3R0ZGlkVDhaOHBVeVF4TVM2NUJmUGJ6allzQ0RQMDM1WmVudm5oLUdVemZqbEJtVHJraFNyUVRyTHBnU1VmVHExSjZKTGZFaFE?oc=5) · Global Trade Review (GTR)
- 2012-07-30 [First Commercial's fired CEO Meier loses bid for severance pay - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxONnJlMVVZQy1Pcjk4XzF0aUlhT0RZcHVSeF9qV1RKVlNLaHhTUVl6VjdoR3ZDNmJCTG1ZN1F2SkNCUGNEMzM1UmtodE9rSE1ZZXR0TTVVVmpjYXJKcTdrR29NbXd0VWFFZXhRLXJJQXdRRjNrXy1GZjUwWjRCZEQ3UG00WXI2RGhOeEJXNGNhQ0lTbXBTWUZYbGhvUDgtdDFVa2FFOQ?oc=5) · The Business Journals
- 2023-01-02 [Shinhan Bank to completely scrap mobile, online balance transfer fees - KED Global](https://news.google.com/rss/articles/CBMidEFVX3lxTFBLcnVQS1BTUm9maVU2ZW1GSlJBTnM5aDFGLVI1b3p5VW55eUctLVJ1ckpLdmN1eWUxVWRrTDY1WnNkdkNwOWNqeVk1SzhHemtZU2dxVUh5SzlneXd4eHVyRFMwd1RoZEV0VGRDb2V1Tm5FaE9u?oc=5) · KED Global
- 2012-01-27 [Federal bank regulators go after ex-Vikings great Voigt - Star Tribune](https://news.google.com/rss/articles/CBMimAFBVV95cUxNWDVFNjB2U0lQekxwZ0t3V3JvYXZmQnZKekpiRHpZRUIzUGxzYnFNM3FtcmRyUkE0Wm81S1U1aWhuV0haeXlxekZKTXlBUEpqTXFNeTlkQ2NCc1RJUDlJYnpGazVUeEJhMWpfLWJMNUE0R0dCVWxybHNQeVNNcXRkQktKbG9PWUxKRU1nS29QVC1sSmg0SDJVMQ?oc=5) · Star Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35246 (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/46.json (key "35246", 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