# LEADERS BANK
OAK BROOK, IL · FDIC certificate 35422 · asset band $300M-1B · latest filing 2022-03 · 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 | $345.4M | |
| Deposits | $278.6M | |
| Loans and leases | $235.0M | |
| Total equity | $46.7M | |
| Loans / deposits | 82.80% (p78 of band) | 67.37% |
| Liquid assets / assets | 29.97% (p35 of band) | |
| Uninsured deposits / deposits | 31.92% (p65 of band) | 27.42% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.65% (p77 of band) | |
| FHLB advances / assets | 5.65% | |
| Tier 1 leverage | 12.80% (p88 of band) | 9.71% |
| Unrealized securities loss / equity | -0.71% (p91 of band) | -11.40% |
| AOCI / equity | -0.68% (p88 of band) | |
| ROA (annualized) | 0.25% (p7 of band) | 0.94% |
| Net interest margin | 2.88% (p35 of band) | 3.10% |
| Efficiency ratio | 92.10% (p95 of band) | |
| Noncurrent loans | 0.05% (p22 of band) | 0.29% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 4026.42% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 20.22% (p27 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -6.5% | |
| Employees | 28 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 11 | brokered >10%, wholesale funding >15%, leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 11 |  |  |
| 2011-09 | 12 | capital falling |  |
| 2011-12 | 12 |  |  |
| 2012-03 | 7 | deposits shrinking, assets shrinking, uninsured deposits leaving | wholesale funding >15%, leverage <5%, losing money, expense ratio p90, charge-offs p90, construction >100% equity, capital falling |
| 2012-06 | 7 | losing money, charge-offs p90 | brokered >10%, leverage <7% |
| 2012-09 | 8 | leverage <7% |  |
| 2012-12 | 7 |  | uninsured deposits leaving |
| 2013-03 | 4 |  | losing money, charge-offs p90, leverage <7% |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 5 | charge-offs p90 |  |
| 2014-03 | 4 | losing money, expense ratio p90 | deposits shrinking, assets shrinking, charge-offs p90 |
| 2014-06 | 3 |  | losing money |
| 2014-09 | 5 | losing money, charge-offs p90 |  |
| 2014-12 | 3 |  | expense ratio p90, losing money |
| 2015-03 | 3 |  |  |
| 2015-06 | 4 | deposits shrinking |  |
| 2015-09 | 3 |  | charge-offs p90 |
| 2015-12 | 0 |  | noncurrent p90, reserve under noncurrent, deposits shrinking |
| 2016-03 | 1 | deposits shrinking |  |
| 2016-06 | 2 | assets shrinking |  |
| 2016-09 | 3 | noncurrent p90, reserve under noncurrent | assets shrinking |
| 2016-12 | 3 | charge-offs p90, assets shrinking | noncurrent p90, reserve under noncurrent |
| 2017-03 | 3 |  |  |
| 2017-06 | 1 | loans exceed deposits | deposits shrinking, charge-offs p90, assets shrinking |
| 2017-09 | 2 | charge-offs p90 |  |
| 2017-12 | 4 | capital falling, losing money, reserve under noncurrent | loans exceed deposits |
| 2018-03 | 3 | expense ratio p90 | capital falling, losing money |
| 2018-06 | 4 | loans exceed deposits |  |
| 2018-09 | 4 | assets shrinking | charge-offs p90 |
| 2018-12 | 3 | deposits shrinking | reserve under noncurrent, loans exceed deposits |
| 2019-03 | 0 |  | expense ratio p90, assets shrinking, deposits shrinking |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 | loans exceed deposits | capital falling |
| 2019-12 | 0 |  | loans exceed deposits |
| 2020-03 | 1 | expense ratio p90 |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | charge-offs p90 |  |
| 2021-06 | 1 |  | expense ratio p90 |
| 2021-09 | 1 | expense ratio p90 | charge-offs p90 |
| 2021-12 | 0 |  | expense ratio p90 |
| 2022-03 | 3 | expense ratio p90, deposits shrinking, assets shrinking |  |

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

- 2022-05-02 [Providence Bank & Trust and The Leaders Bank Announce Completion of Acquisition - Business Wire](https://news.google.com/rss/articles/CBMizwFBVV95cUxNRU5PWWJISjg4cURrOFhMMWlqVnNnYnQyTF96WkRkc2lZT2NvTXpJbmltUURJVW0xbTBoVzZxV3EtblVLNlFfMHFqc0pRVzZEYlk3ZkdLbEw0T2h1UVZybGZrb2Q3MVcxSTEtYnZ1amROMG9PTzJVamRMNjBNU2FiWmRhelRESGpYdzlPenNrakstelpuY0VJc3o3bmt4ZUZVQzg4dUxYVnR2c3A3NFFyYzFON1liRHM3R3dDRG5FTlpGVzQ5OGxHTGJrdXhuc2c?oc=5) · Business Wire
- 2022-07-18 [Providence Bank & Trust buys Leaders Bank - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQZFduWFo2OXd3VnpwTmZnUUZwamhEVEphWkdnMnhxUTRPNWZmX0JfSGR3d2FmMzRmTDJTTjNpZ01VZHBzbW1OM3U5VUkzYlZ4dkVWb19EYXUwWm9EZUh4MEg1SkFEZk5XeXpxMFFnaDJfOWFXYjFLSlY5Wjd6Qi04OGo2RUxzemJIS0JNaXFnNHJJMHFWYy1uQkxNQnlfYnlrTldxYXl4OTY?oc=5) · Northwest Indiana Business Magazine
- 2021-11-12 [Providence Bank & Trust and Leaders Bank Announce Merger Agreement - Business Wire](https://news.google.com/rss/articles/CBMivgFBVV95cUxPRWl6aXdkVExQRFJXNUl5dWJBcGZweXMxVVhHWHNBQnZ4MXVWRXRjdVpwaGVsM2d6bll0WVFNN2h3SU9PdjZoSmdqclNaZEF2ZU9yYkNQVm85Q2pUQUNOQzN5X0l0MHR3N1VWeGJ6QVVOalk0dFptTERJWXNNdzg5N1d0djlvckliejJLTG1ZNzNsMURGYUd1b1d4QktnOEY0X3JkTGI1cHpiUEFoRWpwVUtkSWQyZWxrOThMM3p3?oc=5) · Business Wire
- 2026-02-01 [Alicia Batson Goutos Obituary February 1, 2026 - Kurtz Memorial Chapel](https://news.google.com/rss/articles/CBMibEFVX3lxTFBUZ0pFNl9JcVVVdFlBYVZ6OGFrS0NwNEtjeDVCalc1ZXpSTkVLdTFEQU5PLU5LSEJ6LTNDRllOcXUtdnFabG1kb3dhMWRjajFqNmZTamFxc2gwakNiNXg0LWYycGFjaWotNGJCbg?oc=5) · Kurtz Memorial Chapel
- 2016-03-22 [Ex-financial adviser to Scottie Pippen, others sentenced in $3.2M fraud case - ESPN](https://news.google.com/rss/articles/CBMisgFBVV95cUxNTHJwZU5fSjJFWHJfNjR3Nll4REl3VzlaT1pkNGdVVVVDZmdxVmNGMWlUWnB1M2s0Tk5NYW9XRmliMU1OWWFfTGdGWWNMZG05OW92ek9tQ3RBQXpidTY2Nnd3UmxSbzN5bFBXR0d1SXU1TTc4bTF6azN5NEVUNVpLU0p0enh0YWdzNmd5QVB2YnEySks5a01PQTliUURsQkxwOVRnOVJTSVRsMEQtZ09RVm5R?oc=5) · ESPN
- 2024-06-14 [William Navolio Obituary - Clarendon Hills, IL - Chicago Tribune](https://news.google.com/rss/articles/CBMihgFBVV95cUxOU3E1MjJHdG1GUnBJa3hqNGQxa1BNYzE1RFhTQkU2djRxeG5kZk9uVWVJaHJTb2pXWk5HYnJjd205OVBPc0x0YlNPb1BKbHo4QkF2Z2ZYZXpQcTI0NWJYMm9YSUI4Q1hkdEtzMGtLbVZsaC0weEFqOE5oRFlVdzdybEh2UXBDQQ?oc=5) · Chicago Tribune
- 2012-02-21 [Chase Bank plans Bay Area expansion - eastbaytimes.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPWTEzRUtJMGNld3pPRVJEQ3dHN1N5YVRZMHJNQnUyMXQxRU1ybUZ0US15S1NsWFBZS0NqTnNiZE85Vk1NYm90dkhQUnRyenE1TjVvNDBmLW1GREFHVkJLWm0yVGRJZ0p4Ym5MS3B1VVJfZmh2YVF5NkFlc1lyMmpUVWtn0gGHAUFVX3lxTE1BNTZWMG1KNWY2djYtaTA3Z1RXQnVrS2ZFR2t4b0VraVJlZHhsSTBJejBqY282aDNoMzlYYm5wRk5SSy1YWG9rXzRuVW9lZ0pPV2lTSHFuaGdJdm9XblZKbU1TQ2dwQzZrWU5ieElmcTktVmdjRnUxbTBja3RaTnE5X1JoUi1yTQ?oc=5) · eastbaytimes.com
- 2022-11-18 [Pair charged with fraudulently obtaining $100K in aid during pandemic - Daily Herald](https://news.google.com/rss/articles/CBMisAFBVV95cUxPSy0xemUyd3gzV3BWNTN6ajh6aUFqbnBVc2p0OTlKN0lmUW1BQkkwUFZJaGtWVnBTVVhtaTNtVHhqSDFyTmVkYTZ1Y1NmX1VpZWF1RlV5TlZZNnhOa2hsMUpoTkhoM28yc0x6UUs1UG1NS1R1dE9RbmdnMTk4ZE5sc1FHaUFNSDRWRVRPZzB3MENnTExNRWFoS0F0V3d2WS1kSnJuWm5YVFNETmM3N2Z4Zg?oc=5) · Daily Herald

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35422 (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/30.json (key "35422", 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