# CITIZENS FIRST BANK
CLINTON, IA · FDIC certificate 35477 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $361.3M | |
| Deposits | $278.7M | |
| Loans and leases | $286.5M | |
| Total equity | $23.6M | |
| Loans / deposits | 101.60% (p91 of band) | 82.04% |
| Liquid assets / assets | 18.31% (p26 of band) | |
| Uninsured deposits / deposits | 29.00% (p62 of band) | 25.97% |
| Brokered deposits | 8.24% | |
| Wholesale funding | 24.04% (p96 of band) | |
| FHLB advances / assets | 15.80% | |
| Tier 1 leverage | 8.24% (p3 of band) | 10.81% |
| Unrealized securities loss / equity | -30.05% (p12 of band) | -8.10% |
| AOCI / equity | -0.64% (p35 of band) | |
| ROA (annualized) | 1.13% (p41 of band) | 1.28% |
| Net interest margin | 3.29% (p19 of band) | 3.91% |
| Efficiency ratio | 63.54% (p57 of band) | |
| Noncurrent loans | 1.71% (p85 of band) | 0.43% |
| Net charge-offs (annualized) | 0.13% (p87 of band) | |
| Reserve coverage of noncurrent | 68.33% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 72.32% (p73 of band) | |
| Auto loans | $3.9M (1.37% of loans; DQ 1.27%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.6% | |
| Employees | 52 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **securities losses >30% of equity** (`cap_secloss`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 2 | capital falling, reserve under noncurrent |  |
| 2014-06 | 1 |  | reserve under noncurrent |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | reserve under noncurrent |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 2 | charge-offs p90 |  |
| 2015-12 | 2 | capital falling | reserve under noncurrent |
| 2016-03 | 0 |  | charge-offs p90, capital falling |
| 2016-06 | 1 | charge-offs p90 |  |
| 2016-09 | 0 |  | charge-offs p90 |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | loans exceed deposits |  |
| 2017-09 | 2 | capital falling |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 0 |  | loans exceed deposits, capital falling |
| 2018-06 | 1 | loans exceed deposits |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | liquid assets <10% |  |
| 2019-12 | 3 | charge-offs p90 |  |
| 2020-03 | 2 | capital falling | liquid assets <10%, charge-offs p90 |
| 2020-06 | 3 | noncurrent p90, reserve under noncurrent | loans exceed deposits |
| 2020-09 | 4 | charge-offs p90 |  |
| 2020-12 | 3 |  | capital falling |
| 2021-03 | 2 |  | charge-offs p90 |
| 2021-06 | 2 | capital falling, charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 | capital falling | charge-offs p90 |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | expense ratio p90 | AOCI drag >20% of equity |
| 2023-06 | 4 | wholesale funding >15%, uninsured deposits leaving | expense ratio p90 |
| 2023-09 | 5 | NIM <2.5% |  |
| 2023-12 | 4 |  | wholesale funding >15% |
| 2024-03 | 4 | wholesale funding >15%, deposits shrinking | capital falling, NIM <2.5% |
| 2024-06 | 2 |  | uninsured deposits leaving, deposits shrinking |
| 2024-09 | 4 | noncurrent p90, reserve under noncurrent |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 6 | losing money, NIM <2.5% |  |
| 2025-06 | 5 | charge-offs p90 | noncurrent p90, NIM <2.5% |
| 2025-09 | 4 |  | losing money |
| 2025-12 | 4 |  |  |
| 2026-03 | 4 |  |  |
| 2026-06 | 4 | loans exceed deposits | charge-offs p90 |

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

- 2026-08-05 [Clinton’s Citizens First Bank announces new Morrison branch - Shaw Local](https://news.google.com/rss/articles/CBMirAFBVV95cUxQcDAwaDFxWUtVVlF1Ul9MUWZ2RnlTNC1EVGkyNDBTYm56UmRyRGdSZzFrMEU1bkRRaWhkYmNsN1Z6RHpZQTZNMWxNZXJjYlQ5c3JBck5rYktld1U3Z002d2ZQbGluWWlpZnU3cVNQYkN0ZmlqS1RjV3hudllVQVlLbjQ3M3hXWWNWV3RocUo0dFRuXzBZZlJJdFA1VXpkSVhvb3RqWWtHcUdzVkEt?oc=5) · Shaw Local
- 2025-05-30 [Seacoast bets big on The Villages in $710.8M deal - Banking Dive](https://news.google.com/rss/articles/CBMioAFBVV95cUxObkJsS0ZrMlhPdktxZGQ2akRtRlFFanlFRWtFM2M0b3NrY0ZicGc1eVpIMjZjelJtLXdtbUdWUkRzemFuX3dPZm9NTkhyTDRmdThRaHlGWmh6Zkc4VGZCQm9aVXV6ZFI2X1lzM0VyY1l3MmdsVU9qaHFDTC1Ob0lTUDNhUWRpZ21Qb0JGSnduV2tYZlV2TUktcWp0T1lZNEtZ?oc=5) · Banking Dive
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2024-03-15 [CFB Holding Co. eyes successful 2024 - Quad Cities Business Journal](https://news.google.com/rss/articles/CBMidkFVX3lxTE5QRXlPc2V1U08wSGJRVF9BU2ItUi1RUTRlWnd3cFEwX3Jvc1FKcUhjdW9aVDk4V2loX1p5VFVUMEY4ZTQwNmRoMi02U1JWaTExTV8xZ2lmM3Q0b21jbXBkSjlEcEFaTDQtOV92N3FybVJDc1gzaVE?oc=5) · Quad Cities Business Journal
- 2025-09-25 [Dubuque brewery taking over Great Revivalist Brewery in Clinton - WQAD](https://news.google.com/rss/articles/CBMizAFBVV95cUxNMGJkN1BFamhlMnFYQ1lONXZUOFhRcW5qNTUxUDF0ZHdqVl8tbEw4eVU5a2FvSV9iVm1KeEJIRFJjS2J1bTludnV6SV9ZOWVuOTRVMjhmbXdJYTZGX2tKS1FPcEJrbnhzZjRkRllZSFcxZW9FWmYwMExqNk4wRlVsT2RjY1lpZS0yM2VWS1F5NExfUWMzMjFjeTdRZkZKV3ZYUGV3NEJKeHpKZHpmNVFFSHQxZTlBZnA2eU0tQkhBLXo5bjJqU0g0QkN4RGc?oc=5) · WQAD
- 2023-06-20 [Forbes 2026 America's Best Banks In Each State List - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4xcm9keG1VQVdlREh4RG0tMFA2NktMQ1M4SjBicWxRTkJ3a0lOQTVqSXA0d1FkZ0RPOXQxWjFXYzg5SWhNNTBTU0Rqa0Vuekp2TzR5WnhXLTBwel9MdWc?oc=5) · Forbes
- 2025-01-22 [3 Banking Leaders’ Priority Projects in 2025 – And How They Picked Them - The Financial Brand](https://news.google.com/rss/articles/CBMitwFBVV95cUxPV1ZWZV9XbmNqVWQwUDhtLW8wUFZUQmtoSm5RR0pLUVBydEcyRTlzUTFlaXROSFgtQ21XVm9lNGliWDRLZjA4UlF0OWNVbl9kbmRLUTBieVE3ekVpT1FzVk5iVzkxZURjT0NFRHl5UjhnQ3BZS2dlQVJzUlVKZU5TUFVVcVJIa182T1VScWpaTTlmY1NyZXVvNTZva2VtcjNia001VWRBSkduNi0tc1ZLQ1ptUXJCZTQ?oc=5) · The Financial Brand
- 2020-10-15 [Landen Franzen Obituary Oct 15, 2020 - lawjonesfuneralhome.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE9FVHc0YnBSdDRiZDdpN3ktNEpJMFB2blBjbFNlNjZSYnZ4aWtCS1RadldnNkhRaFMtRGJZT203VGRIRFFWbWRkcGhnYXBsZzd0cHpXMS0wb3dIUHZYZjMwSVZnalRHRkd0d2ROd2xR?oc=5) · lawjonesfuneralhome.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35477 (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/21.json (key "35477", 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