# FIRST BANK
ERICK, OK · FDIC certificate 4092 · asset band <$300M · latest filing 2026-06 · live

**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 | $118.0M | |
| Deposits | $100.1M | |
| Loans and leases | $66.2M | |
| Total equity | $16.7M | |
| Loans / deposits | 64.61% (p37 of band) | 73.59% |
| Liquid assets / assets | 42.46% (p68 of band) | |
| Uninsured deposits / deposits | 26.08% (p72 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.16% (p72 of band) | 11.76% |
| Unrealized securities loss / equity | -0.48% (p83 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 2.88% (p95 of band) | 1.17% |
| Net interest margin | 5.32% (p94 of band) | 3.93% |
| Efficiency ratio | 46.96% (p9 of band) | |
| Noncurrent loans | 0.27% (p45 of band) | 0.36% |
| Net charge-offs (annualized) | 0.01% (p62 of band) | |
| Reserve coverage of noncurrent | 846.63% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 32.48% (p66 of band) | |
| Auto loans | $2.4M (3.65% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 24 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | capital falling |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 | uninsured deposits leaving | capital falling |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 2 | deposits shrinking, assets shrinking |  |
| 2013-09 | 0 |  | deposits shrinking, assets shrinking |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | reserve under noncurrent |  |
| 2015-09 | 0 |  | reserve under noncurrent |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | deposits shrinking |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | uninsured deposits leaving |  |
| 2017-06 | 1 |  | deposits shrinking |
| 2017-09 | 0 |  | uninsured deposits leaving |
| 2017-12 | 1 | charge-offs p90 |  |
| 2018-03 | 0 |  | charge-offs p90 |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 0 |  | capital falling |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2023-03 | 0 |  |  |
| 2023-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 | construction >100% equity | assets shrinking |
| 2024-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 0 |  | construction >100% equity, capital falling |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | capital falling |  |
| 2025-09 | 0 |  | capital falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 1 | capital falling |  |

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

- 2026-05-04 [Bank with ties to Oklahoma governor not connected to state debit card program, officials say - oklahomavoice.com](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPSklQeUJhTlZUWE5SZGdnZzRKemF5UXZTVXQ0SWZDTFd6RWozLVkwMHU0N1YwVEtmVmt4UUFNUzh2bmgxUVlrNVpxLXBfVmg3VklSX1BSMVoxY09vQ0I2NXUzZmpMa0ZoanBUbHZUekN3OUxhTDFRX3A3bkU0U2FmTzFRSDdZZ2NQbmwxYWlZMHdPWHRwMGZfekkxUGNab2ROWWx3Vm9mRkJGNjZkM1NhWHdURkJUekhnUUU2RjNzOEVwZWR5WWRkTw?oc=5) · oklahomavoice.com
- 2026-01-30 [First Bank Corp., First State Bank sign merger agreement - Talk Business & Politics](https://news.google.com/rss/articles/CBMikgFBVV95cUxQQlE1aDBlVjhsQng3YVVwRjB4bEQzOGJDbmN4UzhacEF4MFUzd0IwQi1SRUI3b2RBdExta2ZuLTd1bmo0cFZReWZOcHA0Y3hNOUViUUtPeWFneDM5X2VfRVBqakZyMkR2ckV4LTRWcGNVczFvbTlUZzliX2t5QmdGdnZ6ZjVDdEk3RGUydUp4a1Zxdw?oc=5) · Talk Business &amp; Politics
- 2026-05-08 [Failed Oklahoma bank’s ex-CEO pleads guilty to bank fraud - Banking Dive](https://news.google.com/rss/articles/CBMimgFBVV95cUxQX0syVmhISmY3cWlqQ2REUTB5Rjc5SzlpdUo3clNJQ19zWjJBcVVxNEItSU5ZWm1OaU80cDV6NVJFNndIb1lCV3NvM1BvVXRZWFpCSk8zSmZJbVJYM1Vlcld0VGFPcWFlVTlCRi1za1RKbWdobGhiWHAtOFo1UHRVdFJOdFlZZFBhS29jZWFydlQyWG1NUnRLX0pB?oc=5) · Banking Dive
- 2026-02-08 [Erebor Becomes First Bank OK’d Under New Administration - PYMNTS.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPTTMyLWlTWGh4TnBrWlplbFROOHRBQTJoUnJUYlZ6T1hTMmFLR3JjY1RWZ242RHhxdktTSmoxeXg5NTh1ZEVZTXVvSE1Rd09vdVJGQXVreEZlOGQ5aUl6LXBQQWpKUzQ2alROSUdUZ1NCSXhsWl9lV3cxZVI3VFBsSmZmM1pfcFhuQ1p6WEpkaDhTS1l4TWtwU2NOZlk?oc=5) · PYMNTS.com
- 2026-01-30 [First Bank Corp. to merge with Russellville-based First State Bank - Southwest Times Record](https://news.google.com/rss/articles/CBMivwFBVV95cUxNeDd0SU5DX2dsczQtMG9CUjBTNzg4SUVHOU83VnF3bXptVFhhdGFuREl6QXBURDRMOVphRE12cXhMQ3FmUW0xa2o3WU5jS28taTM3S0xXRHl3cV94SXczZ3NrNFJNTks2YjVodDdWRy1zekJxREtSSVdpd3RJY0VqV21CT2JURlJuNUZaRWdZUm41WTdJSUJxcVRrWjVJeUlqZ0ZwdWFZWG16U09IVUhuM2djQ2hWcG94Rlh6dE5RYw?oc=5) · Southwest Times Record
- 2026-07-01 [Danny Seibel, Cody Cordell plead guilty in Lindsay bank fraud case, Shaun Christian charges pending - NonDoc Media](https://news.google.com/rss/articles/CBMixwFBVV95cUxOTlhnbmpYWDdxYmdfb2JVR1pnbmxmSGw0bWVTS1lYUGlnWU5GRVRmUnJDeXNiS0JnWTZYVmxDeko5N0E0Yzh2SUhwQy15SlVuUGdaczI3RmxENWVMY3l3N1VnTTdFaVJhNHdkU3ViRC1jZG9JYlN3NlRkcmpQcUgwVkV3c3BadXJlcUNKS2VjTXlJdlpSTTJBZ1kxbFhUby1OaTlBa2ZvZ2tsLTVtRDFzal9hX184S0hKTGhuODhybHVVVlNoWk00?oc=5) · NonDoc Media
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-02-09 [15 most recent bank failures - American Banker](https://news.google.com/rss/articles/CBMickFVX3lxTE9OU0FZMFVvZ2QtYXVOTWpCa3djUGxETDEzbzlFTWhobUpfVnZMdWlDWmswQzNrOEIzc0ZDWVM3cnFTV1ZXTlRMamp2V25jM0ppMTBYM3BEZFM3OFI4bnIyaFlBSlQtT2NNa0RxMURCZ3JaQQ?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4092 (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/60.json (key "4092", 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