# FIRST NATIONAL BANK
SIOUX CENTER, IA · FDIC certificate 4503 · asset band <$300M · latest filing 2013-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $258.2M | |
| Deposits | $224.9M | |
| Loans and leases | $173.2M | |
| Total equity | $31.0M | |
| Loans / deposits | 75.70% (p63 of band) | 69.26% |
| Liquid assets / assets | 26.08% (p30 of band) | |
| Uninsured deposits / deposits | 19.13% (p77 of band) | 11.87% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.41% (p39 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.09% (p46 of band) | 10.33% |
| Unrealized securities loss / equity | -1.40% (p41 of band) | -0.53% |
| AOCI / equity | -2.09% (p58 of band) | |
| ROA (annualized) | 0.40% (p25 of band) | 0.77% |
| Net interest margin | 3.01% (p20 of band) | 3.62% |
| Efficiency ratio | 89.16% (p81 of band) | |
| Noncurrent loans | 1.36% (p56 of band) | 1.08% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | 125.39% | |
| Real estate % of loans | 54% | |
| Construction % of loans | 12.90% (p45 of band) | |
| Auto loans | $6.5M (3.75% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.5% | |
| Employees | 62 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 2 | capital falling, reserve under noncurrent |  |
| 2013-06 | 0 |  | capital falling, reserve under noncurrent |
| 2013-09 | 0 |  |  |

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

- 2026-07-09 [Iowa bank holding company cited for inadequate capital - American Banker](https://news.google.com/rss/articles/CBMilAFBVV95cUxNbHRIRE9nNTRxRUZZQ3BKaHM1d24zS0Yyc0VhYUI4QTVOcUotU1B0QmNnTmRoM0w3aTVqbXE5TkJ3SjNKbmNwUnZFdElGUjdiU2p1UGF2em5WV0Q5am5ISmY0cjBlNzZ5UkpLNFZwRDhGcWNLXzhuS3N6V1pHUVpxVG1VRS1PNk4tNFc3MEZpb3d1emcy?oc=5) · American Banker
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-07-10 [Fed faults Iowa bank holding companies - Banking Dive](https://news.google.com/rss/articles/CBMihAFBVV95cUxNZmlfdWF4Nmp1UEFaSVFhNGp0dDh2d1FxSE8xa2pQeEZGbFhJdzYzWEVqNVRfX01EOXRrV1VLeUpsZjhWM25SUEdCZ1Q0akRJSkwyU3NqbFdKaW9FN19qVGt3ai10V2RTckdmVE1kejVlVFlsdHBBby1yS01MZVc0X2VmT24?oc=5) · Banking Dive
- 2025-10-23 [Nicolet Bank to buy MidWestOne Bank, expand into Iowa in 'transformational' $864M deal - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMi5AFBVV95cUxOTXpETHkzZ2RSXy1ld2k2WVZzbG1QNHZveGp3WHFSUU9TN01rbnB6NUE1d3dFMng3OWNTWEE0YVktcEJMa0cyQnAxdkdfWS1xWVdDdDFOUElxbzFZdFd6cXdrckEzVng3TF9TMFY1cTBYUVZkUWZkMkFrWFVocEF1MV8xdWZTOEVpME5aS2NlUV9yWGlneU5GMG9SU1pRVGwySmY3Z2djX0hXTzRVa0llMlMtZHItRXZFVjFhNUdtbE9FdkdTTWdqcDNOajExZDJodUF6YXpZNFhzUnhMV3k1aEhLTEM?oc=5) · Green Bay Press-Gazette
- 2026-02-09 [15 most recent bank failures - American Banker](https://news.google.com/rss/articles/CBMickFVX3lxTE9OU0FZMFVvZ2QtYXVOTWpCa3djUGxETDEzbzlFTWhobUpfVnZMdWlDWmswQzNrOEIzc0ZDWVM3cnFTV1ZXTlRMamp2V25jM0ppMTBYM3BEZFM3OFI4bnIyaFlBSlQtT2NNa0RxMURCZ3JaQQ?oc=5) · American Banker
- 2021-11-02 [First National Bank to join MidWestOne Bank - Discover Muscatine](https://news.google.com/rss/articles/CBMif0FVX3lxTE5BWXNjZ1VaZ0lvTVpyeXdtNmtNcHdwdnhiOWFyLUtNT0dPcko2b2pvX2tRMDBUWkFGQ1BiaU9ULXdFUG95R3Fnbmgycm1fOU5IVEhOMzEtSGk5UjBiOERxakFBdjZhYVBfeTVQQmdiRWxSNkR6RjhZVHhPaXMwOEk?oc=5) · Discover Muscatine
- 2024-05-14 [First National Bank merges with Northwest Bank - KMAland.com](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOYmtlZjUzYXFjRWhWV3ZhbVdrY3cwVC1hU1g1Njl1RnlRZDc1eVFCcTktMGd5ZXM3SXQycl9Eblk1ZGVFcHFVb2NEblVldVBrSkdyLUFqUmRCRmZFbUdkMEg5TGpZOWdQT2ZxSnNtWHNrRnFPdkNHb1lEdzhOUnd0YnhMN004UnNySFJZbjJqbnZXSlUtTUpxcTNFUHBoMnZYRklwcmtWdW9uUVowQ0o3R0hqNGpNeS1RbGcyMld2d3FMa3c?oc=5) · KMAland.com
- 2022-07-28 [MidWestOne Bank acquires First National Bank - southeastiowaunion.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxNRExmblJYN0ZxZVQwTHdSZ2hPRjVnUk9zQ1lKeFhaekJfX1VaeVNDRFhFZU1tTU9DUVIxc0lFM21UaDdvNVMyVW0yT0duSGIxYy1Eam51YlBCeE5ienpMeEt6UmxsLWJ4TFNXQVBIMUNFS3pUUVUwakFSR3BtdFJTVWVTM05qb2lKejhJVFJ0SF9ab3N4U1otZ1I3SFZBV25Td0ZRVkc0R2J0eHVBQUE3WXFLRnFjVUFVeENlU2pfSVA4Q3pqenRUSHJKb3NLYlE?oc=5) · southeastiowaunion.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4503 (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/23.json (key "4503", 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