# FIRST NATIONAL BANK
MILNOR, ND · FDIC certificate 3948 · asset band <$300M · latest filing 2017-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 (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 | $68.5M | |
| Deposits | $58.8M | |
| Loans and leases | $30.7M | |
| Total equity | $9.5M | |
| Loans / deposits | 52.23% (p17 of band) | 76.19% |
| Liquid assets / assets | 48.34% (p80 of band) | |
| Uninsured deposits / deposits | 12.56% (p40 of band) | 14.99% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.69% (p44 of band) | 11.02% |
| Unrealized securities loss / equity | 2.84% (p91 of band) | 0.02% |
| AOCI / equity | 2.76% (p82 of band) | |
| ROA (annualized) | 0.45% (p19 of band) | 0.90% |
| Net interest margin | 3.15% (p21 of band) | 3.71% |
| Efficiency ratio | 71.49% (p53 of band) | |
| Noncurrent loans | 0.21% (p31 of band) | 0.62% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | 0.00% | |
| Real estate % of loans | 45% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $1.4M (4.54% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.0% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | capital falling |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2014-09 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2014-12 | 0 |  |  |
| 2015-03 | 2 | deposits shrinking, uninsured deposits leaving |  |
| 2015-06 | 2 | noncurrent p90, reserve under noncurrent | deposits shrinking, uninsured deposits leaving |
| 2015-09 | 4 | deposits shrinking, uninsured deposits leaving |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 | uninsured deposits leaving | noncurrent p90, reserve under noncurrent |
| 2016-12 | 0 |  | uninsured deposits leaving |
| 2017-03 | 4 | capital falling, losing money, NIM <2.5%, reserve under noncurrent |  |
| 2017-06 | 1 |  | capital falling, losing money, NIM <2.5% |
| 2017-09 | 1 |  |  |

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

- 2026-09-01 [Penguins and First National Bank Announce Fourth Annual ‘FNB Small Business Development Camp’ Program for Local Pittsburgh Businesses - nhl.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPNEo0UDJRRHU5S3g4RjZ0aEI1V2lHWDBHRVIxaHZCZmVKNDhNTHFEaGN2bEpaNFFjTWpTNkl0RHRLNEJ4NV9mX0duYzNaR2FTVTIyYU1JeWxyWE5sQlZRcmNIeW0tbW96X2JOay0wVkRDRE9wd254SW1RbkNUcnA1a3UxN3ZjTlhVZkppTmR1b2tQOHNFRlB1UmdzSGI1bXZaRkp6RVR3c0ZNaHRNVHdfeW51NjhWc1lmMU9JVl9hb1d6VXpNN09FdzZaM3BSR0w1cE5Cbzg5X2NoQy1zWEk1Tm5mdTFkUkNJR2RKbUs5a2x2blZKWFZuVw?oc=5) · nhl.com
- 2026-08-27 [First National Bank celebrates new branch with ribbon cutting - SiouxFalls.Business](https://news.google.com/rss/articles/CBMilAFBVV95cUxPY0swM1owcnh1Ny1RNTZaeVFMMlNQbUNzT3B6RXp5NWw4VFZIWDlZbnRpUnR2S2FEZE1SbENYMkE5MzcxQVVONFppRG5MY09JVnpwMTd0LWo3eFJzWFhpTFdYSF84ODl2NndMX1hYemFXS3h6NHQ4bnA4U0k3ZmttMk5FMmxaTjR2eVVva2NNQzFISFQ4?oc=5) · SiouxFalls.Business
- 2026-09-04 [First National Bank welcomes Anthony Cobb as SVP - The Post-Searchlight](https://news.google.com/rss/articles/CBMilgFBVV95cUxOZjQxZUx0OGFrYUVGcXVTVmNDek55a084RFdIMUtUQUtDREJJT0wwRkl6M1BKZ0NBZmlOSUt1aHhTT08zdUdHMFlpQWFpRzRJNzN4LWJqeGc2MFFpNkhNT1VOZ2t1ZmdRajJOZGplU3lZSlIzX0U1TlBCWjk0VjZoQVZBM0RDX25vNnVVSjlFYi1aaVZTTUE?oc=5) · The Post-Searchlight
- 2026-08-26 [Hoops & Howls Set for Oct. 1 at First National Bank Arena - Arkansas State Red Wolves](https://news.google.com/rss/articles/CBMiugFBVV95cUxNUVRxX0tLQW1XSWJqZXJ3cmE5cGcyM1l1WUhUVVQzYUNDNEd2cmt5MG9qSkZ5UkZXalQxUnphU2hDZXZ0M0poLU91b19GTW00a0NaR0tiSXhLa25uSFBUdGcwZU5IUnM2M0NxSVZFS3lPME5VZ2VoVGJTWS02MG13RnNsMG1aQ21laFJTQWRVOEx3S1IwYWNFVEg0SGlpY3AxbVRlcml3WVVVZ2I3Z3dTMktrWVZjVEJQQlE?oc=5) · Arkansas State Red Wolves
- 2026-07-07 [Stinson Advises Blue Ridge Bank and Trust in Merger with First National Bank of Omaha - Stinson LLP](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPVEs5ZjJqRVhJR3R1V0dPdEtvb1pzMzVmaC0xOHd6M3RmbWVmSDl2dExHUW42QnJjMFBxd1dOX1NidU8yN1Z3ZTZsQlJkRmxNUld5Ymh1MFROZVdBMldFenNiaFFUWlhZTUsyb3hVWjJoUzVHQ3E1UGx4Ylg4WHlraEV6MklVNktwSW9zRzA1Z1gtc1l6ZUYzSVJfYnc0bXZZMDdDRzBxMjRIdTBsZEJhSm0tN2lfSm1iTmRidkppazI?oc=5) · Stinson LLP
- 2026-09-01 [First National Bank Arena unveils new lighting, court upgrades - K8 News | Jonesboro, Arkansas](https://news.google.com/rss/articles/CBMimwFBVV95cUxNSHkwNW9kMEdJUEFyQmo1U3FpeTRpTmpPWjhmT092STI0RmxVeWJuMjJPRFROMGl4czV6TWpJaGxVNlg3WE1sM2pkbG11Q3lFd1BwVHFJWDFyTTZ2UlRYMFBaR2VQcm9BVTNaSnQzbkZmVmFpZU5PTGV0VExLb1kwWXdyUUx5MlJVeXZNbUJPakhfV0wwY2NGQVRlONIBrwFBVV95cUxNWkNzYUNXZHJLVHNWZW1ha0FJU3JpWEVCaXktd1VLa2h3T2RYclBkb29TYjBIYXpkV3VGaGdmdEt2MXZnTHVhWGhDWGVQLVRKa2tFd3JBdG53aVJVbG1GZlJCMVFFYU9VTTR1dldlVDVSSjRURkl1T0hjS29PN1RkUWxyMXBBZEFEOWhuZGV1N2hqZzgxRmRwVENyM0pXX3h0V1F6NTItVkQ5b2J3U3Y0?oc=5) · K8 News | Jonesboro, Arkansas
- 2026-05-14 [We’re ready for more agentic AI, says First National Bank of Omaha - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE9uUi1OXy11RTdMejAyRHlneHNXclg3UUt4akJ0RjBUaUhNX1JYSXhrQ3pUZ0xKc19wQVU0TDJfdHBFdm1ub3ZZRkZrTkQ0Q3BZSmhVVF8xRmJUXzUyX0w4VmJOSkJ2Uk56RUNhZkJRb05YaTJqWjJRVmN3?oc=5) · TheBanker.com
- 2026-03-20 [Penn State announces F.N.B. Corp. and its banking subsidiary as official banking, financial services provider - The Pennsylvania State University](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPUDljZ3FpVTRxd2JDcmZVRHpGblJNV196eWFkeVNvTjhPcjFuX05yQzRpaVF3cTlrcGxrZEtHNWM1LXBQaU9iYmpaUlBjSGxFR0NJQklaQzk5VHRzM25INktRalU4aDJENm1adWoyYlAwZUh0d1NZUHBUUnpmZFN4TFROZlIyamhRZDNqZEI4VE1rWEZFdGlCTnNFNm5YZ1VjM05XWHNqazZxYmJBSEJ4cWV3LUk0LUdFa2tz?oc=5) · The Pennsylvania State University

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3948 (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/44.json (key "3948", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide