# ARCOLA FIRST BANK
ARCOLA, IL · FDIC certificate 3598 · asset band <$300M · latest filing 2024-03 · stopped filing (departed)

**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 | $121.5M | |
| Deposits | $111.5M | |
| Loans and leases | $28.2M | |
| Total equity | $4.5M | |
| Loans / deposits | 24.99% (p6 of band) | 70.19% |
| Liquid assets / assets | 75.88% (p95 of band) | |
| Uninsured deposits / deposits | 18.73% (p49 of band) | 18.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.31% (p61 of band) | |
| FHLB advances / assets | 2.47% | |
| Tier 1 leverage | 11.07% (p47 of band) | 11.30% |
| Unrealized securities loss / equity | -208.41% (p2 of band) | -16.70% |
| AOCI / equity | -6.50% (p4 of band) | |
| ROA (annualized) | 0.31% (p21 of band) | 0.87% |
| Net interest margin | 1.67% (p2 of band) | 3.46% |
| Efficiency ratio | 108.61% (p94 of band) | |
| Noncurrent loans | 0.00% (p13 of band) | 0.25% |
| Net charge-offs (annualized) | 0.01% (p72 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 73% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $418,000 (1.48% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -6.5% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)

## 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 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | assets shrinking |  |
| 2013-12 | 2 | AOCI drag >20% of equity |  |
| 2014-03 | 0 |  | assets shrinking, AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 2 | NIM <2.5%, deposits shrinking |  |
| 2016-06 | 1 |  | deposits shrinking |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | deposits shrinking |  |
| 2017-03 | 1 |  | deposits shrinking |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | assets shrinking |  |
| 2017-12 | 1 |  | assets shrinking |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | capital falling |  |
| 2020-06 | 1 |  | capital falling |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | capital falling |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, uninsured deposits leaving |  |
| 2022-06 | 4 |  |  |
| 2022-09 | 3 |  | uninsured deposits leaving |
| 2022-12 | 4 | assets shrinking |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity |
| 2023-06 | 4 | deposits shrinking |  |
| 2023-09 | 4 | AOCI drag >20% of equity, uninsured deposits leaving | assets shrinking, deposits shrinking |
| 2023-12 | 2 |  | AOCI drag >20% of equity, uninsured deposits leaving |
| 2024-03 | 4 | expense ratio p90, deposits shrinking |  |

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

- 2026-07-25 [Beyond the Boardroom: Arcola schools superintendent Tara Chandler - The News-Gazette](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQQjJCMU5Fb0Y5cHNxNkFIVUJUalBBSVg4a3Q0LTlKNW9BSnNMazcxcUtoQzdQRWtvNnJ2WWpnTmR4RzYzQzJpZGFOWlFEeUxxbERvZlp6Nk50NHdTQUI1S2FGMm5ROWx5cW9heXY3ZEdUOU5IcmZBRWlCcFQzdUY5cERrTm9sUWc5aE9VX0dJb2lOblo2OThkZ2dxTEpaTlYwUjBVMTlELWlqcXB4S19fZ185WWpXbHkxX25ZM2FHNmVwdkszWk5fdWU2WlhVanFWam5jYzR5NHlBZDA5bG1hY3RUeE9VTFRtVi0wajE5VHd3TUE?oc=5) · The News-Gazette
- 2019-08-19 [Our Town Arcola: Arcola First Bank - WCIA.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOYUI0OVlXWkhMSDFVc2hEeFQ5UWZOS3JzbEpFeURPX1pSaW0tTVNEMDVDeTdTdXZ4SXllY0Z5b0VXTlhGcVB2RjNrdm1jOElVb3VFQnRJdjJUemZFeldIY2VPS1hYOEh3c2VOemp4azB3dm1rZjc1djNEb2VDNWJiTDJfOXJOU3hLRk5NRDFkLUJzUjM0VTg4d9IBngFBVV95cUxQZTl0WGQyTF8yV2UtZTJPUTZiRmN0NHJ0VUJXNXEtZHZVTkNja3pPVkhtdDVYY0llTFpWbnZMWXo3WnVzLU42VUVjM0hobURVWkdGNmI5bHBwR2pWSGw3dHpzSWtaWDVPOHpmbGZsUlJ3UDhvTVpNOTBJQ1BNR05rdGRkdW1RSnVIRDBVQi1WcFpaQUpFWk9Rd0dVbFJiZw?oc=5) · WCIA.com
- 2025-05-11 [Peoples Bank & Trust Gives Annual Shareholder Update - Taylorville Daily News](https://news.google.com/rss/articles/CBMikgFBVV95cUxQR3MxcHJ5MTNUMkUxSnF2dGhjaHczMkxlWVlYT3FiMGJoY2VMZm9NU2s2LXkzYkpIa0E2aDJiSmhJNzNoZnRUejZYN1NFMjNXblNCZ2NjU0ZqTEphRXFPcF9iTFNKOFJGRVl0S3REOXpfNV94YjhuQ2J3WWx4WDJpUzZ1bUh5QWN4NGV1M1NfY3VNZw?oc=5) · Taylorville Daily News
- 2023-05-28 [Beyond the Boardroom: Arcola First Bank's Dale Boyer - The News-Gazette](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPSFkzVEFEamlmR05JQmExTThjaC0xY2R1bWNFLU45eDZuXzFfZGZtdXFhcWlLQXpxcU83SW0wWno4QzZqd2JjeTl3bHNzeVpHNURYd083OVdSUHN5R09pZER6RDdGWURKWlozUFZQWjhLeDNxR2dwbEdIMVJZVmhtUEh5UDI1ekZNTWFNdXd1emI4RW9vSFhZWUxGR2J3a3JEdjI2eGVCT1IwU3pVMnBkY1VUYzhaWHZ1bFBSVGl5RHgyOHVaa2pJSXEtNEtGMncyd29HWA?oc=5) · The News-Gazette
- 2020-08-27 [Arcola Broom Corn Festival Rewind on WMCI - MyRadioLink.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOaW1LUTY0bUw2QXNyeWFNSXpIYUlKUUtNSG9aNy1WSzhkRmhONXgybjZGUGN0V0FLbDFMQzByTlAtTjBvLXlzaFhHNGlVQ0RuQl85NXZJWU9qS0J2Z0JFemQxbm1hS2tSVFUwdGNBeG01T1FPd204RTVSVF92R2p5bVVSdWN4cEdk?oc=5) · MyRadioLink.com
- 2024-02-24 [Beyond the Boardroom | Central Illinois Credit Union's Chelsea Anderson - The News-Gazette](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQZnRUU2prZFVxNUtxb0RiQTJtMjRmVEstVTZhNGx3X0F2eXRUc2FFWjFVenJ3QzgxMHhwZEZjZXg0ZFRsbG9kVWFfb0JlWHpNRmJQRmRCeng0NEw5ZmFSVllQNXY4QkhKTmZTR21XNjF0eWljMlNXdkZnWHVGOTRyWkZOZ2daYUhQTlE4VTRzYUlja0dNbGJQWjlrWTVEVGg3ZzBWQUpYNG11SEZ5Zl9tT0FJcFllQ0Z2WWFhSEVTRkxZX1hlQ1BtTjYtMVRyNVQtUUtlTTNTZ0dYNEVhdURheWw3T2F5UnAzZFJSa3RVdGRwRC1OT18ySA?oc=5) · The News-Gazette
- 2023-10-01 [Beyond the Boardroom: Bentley’s Pub's Ashley Buerkett - The News-Gazette](https://news.google.com/rss/articles/CBMi6AFBVV95cUxNM1FPemdJVENfTk5KaDlKSHJHWnp6cDk2amlGb3ZSdHZyMTY4d2tNLWZ3cnpIbm9LM24wQ2VVNVJIbHJFZTVBRUd4Nkd5ODdNRkY0di1zMDg1TkczSFVqcGdzVUJ4dkVrN1lrWGZaQzFTczQwcEtwYXJLMGdXaXdlMERRX2p0b0pVMDNOQktNUUptTV9yVzNGeUh2cUZMejZwLVRaYmdPWmR1WE9UTHBDc1duQnVFc3hZLTdwVm1aQjlKZWY1NUFSWFBvMFh4VHR5d3RoUnM3aE1pNHRncWxOSnhtUzR2LVZz?oc=5) · The News-Gazette
- 2024-04-21 [Beyond the Boardroom | Tabeling Development's Shawn Tabeling - The News-Gazette](https://news.google.com/rss/articles/CBMi6gFBVV95cUxPYWt0TVZVUXhLRHRiSEJ2WG1RVkRRcmJvRW56QWNTcmlVYkU2YXZyNmszbXg4NkczUkZvY2ZPNDk5YUVhWWVTY1NtSWZxSXFSUWFybHVWTXJmXy1wa3JkRWIyM3NEUGc2Y3g5cDc5Y29VYWhzaW5yUVI0My1jbW4wQVNxOGI0aVRhQmF1ZkFhZC1fbGdyMkhtY200amh2d0EzNUhscmstU1ZOTlUxWHNxWmwtMUE5VW1BR005T2hOYUNDNW1UVXFyNzVoMkNtbDFGbEkxYWJoazl3SFVMdzMwaGJtSVRGb1h4RGc?oc=5) · The News-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3598 (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/14.json (key "3598", 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