# STATE BANK OF TOLEDO
TOLEDO, IA · FDIC certificate 4514 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $134.6M | |
| Deposits | $120.2M | |
| Loans and leases | $110.1M | |
| Total equity | $14.0M | |
| Loans / deposits | 89.88% (p79 of band) | 73.59% |
| Liquid assets / assets | 13.65% (p9 of band) | |
| Uninsured deposits / deposits | 18.56% (p46 of band) | 19.81% |
| Brokered deposits | 4.19% | |
| Wholesale funding | 4.19% (p69 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.83% (p22 of band) | 11.76% |
| Unrealized securities loss / equity | -1.05% (p77 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 1.07% (p44 of band) | 1.17% |
| Net interest margin | 4.46% (p75 of band) | 3.93% |
| Efficiency ratio | 76.70% (p73 of band) | |
| Noncurrent loans | 2.04% (p85 of band) | 0.36% |
| Net charge-offs (annualized) | 0.22% (p93 of band) | |
| Reserve coverage of noncurrent | 92.92% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 5.86% (p31 of band) | |
| Auto loans | $1.7M (1.58% of loans; DQ 4.61%, NCO 0.03%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.7% | |
| Employees | 20 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## 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 | 0 |  | reserve under noncurrent |
| 2012-03 | 0 |  |  |
| 2012-06 | 1 | reserve under noncurrent |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | uninsured deposits leaving |  |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | liquid assets <10% |  |
| 2015-09 | 1 |  | liquid assets <10% |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 2 | liquid assets <10% |  |
| 2016-09 | 1 |  | liquid assets <10% |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | noncurrent p90 |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | uninsured deposits leaving |  |
| 2018-03 | 2 |  | uninsured deposits leaving |
| 2018-06 | 4 | loans exceed deposits, liquid assets <10% |  |
| 2018-09 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 4 | loans exceed deposits, liquid assets <10% |  |
| 2019-09 | 3 |  | loans exceed deposits |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 2 |  | liquid assets <10% |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | capital falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | charge-offs p90 |  |
| 2022-03 | 3 | capital falling | charge-offs p90 |
| 2022-06 | 3 | charge-offs p90 | capital falling |
| 2022-09 | 5 | deposits shrinking, assets shrinking |  |
| 2022-12 | 3 |  | deposits shrinking, assets shrinking |
| 2023-03 | 4 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2023-06 | 4 |  |  |
| 2023-09 | 5 | uninsured deposits leaving |  |
| 2023-12 | 3 |  | assets shrinking, uninsured deposits leaving |
| 2024-03 | 3 | capital falling | deposits shrinking |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 2 |  | capital falling |
| 2025-06 | 4 | brokered >10%, uninsured deposits leaving |  |
| 2025-09 | 3 | capital falling | noncurrent p90, brokered >10% |
| 2025-12 | 1 |  | reserve under noncurrent, uninsured deposits leaving |
| 2026-03 | 2 | charge-offs p90 |  |
| 2026-06 | 2 | reserve under noncurrent | capital falling |

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

- 2025-06-27 [State Bank of Toledo Excited to Announce Board of Director and Leadership Team Appointments - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMi4gFBVV95cUxQWlloYWc1ck92QjNXUVlpVjV5TlVfbmtHcEJDeFdJWUg1UmUtX2lLMHYtSURBempSbnpkWFQ4NXpSU3Z4ejFZUnhwM3JWSlRRd1ZGU0YzTGx2YXBjY2wwanlGRWVfeDlIQWFkaWNmaFJENFNlVzZIbzByZWZWcDRHQUt4QjVxY281dWt3N2RhUm9XYWN5S2FQMkl6YU9nUVNLMFp1LUlPR3BNeWhJZU81bEZONl9ZU0dpM3pLYzZXN2lMQzBVRGxxVXg2U3RFNUNpa2lFM2ZzQXJybTZhSkxubTZn?oc=5) · Tama-Toledo News Chronicle
- 2025-04-18 [State Bank of Toledo Breaks Ground on New Expansion to Better Serve Local Customers - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMi1wFBVV95cUxPQk0xOTcyZnNQaml6bHJjR3RaN3NxZGp4QU1QMExqbjNYcV9IU1Q2aW9aWWh5Wm5JQy1GajYzWVNHVXI2VmJFb1RjOW9qbVQzcWtYQ1B2WUZDM2VKM1BsYWp6SXNJU2ZBU3BoQ1pmeE15TFdIVTVwUHBwckZIRk45Y29qY2E4S2pvNVoxblhBOERESU05MHdDZ3R1MkRtb2lXMm9kS21WUjNqLVZnODJaOS1yM3l5LUxOQWJlR044YUpZVnlVakcydVNWZmlJNUM2Wk5xazlDYw?oc=5) · Tama-Toledo News Chronicle
- 2026-04-03 [Iowa DOT starts construction on Toledo roundabout Monday - - Times Republican](https://news.google.com/rss/articles/CBMitAFBVV95cUxNQzVYdlFrM1BIUGtLSDktRlJqVTA3ZkZraW9LODV6cVFORVJsUkZuWjZBTl9TS0lnZTRWbUhrMlRETTBIdUNKREE4YnM5OG5Sc0MwWFJHelZNQ1dEODh4cnJwQkxRTlpOZmtITWNaYlhpTXFSckYzTzQ4WE5IaVJyZVJzbXRZUW9kaE9KMzVoa2djeWVzS1BBVGkxNks5YjVNSXo2R2tMZ19jUWdJemJYTEVuTTc?oc=5) · Times Republican
- 2022-04-08 [State Bank of Toledo expanding in 2022 - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMimwFBVV95cUxPM0t4b2piNXhmU0lkYkY0bGM1Vnl4TVl2REU1WXBlQXdHNW5ZaTR1cFZub3pKUy1pM1d2S0hNbHpNRWxXU0NEZ3dORGdsZUx5QTU1RHFVNFhjWnU4bnUyN3FEV0F4MkYxSjN1ZThldF93TTBGYTY5aS1MLWNmVnlHSW5OcXRKV2piYTNtVm5Jbk9ZQW5ZNEJOZy1Rdw?oc=5) · Tama-Toledo News Chronicle
- 2019-09-05 [Kathleen Tomlinson Obituary (2019) - Clarinda, IA - Clarinda Herald-Journal - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxQZ2gxdjJqQTZ4YVZzRDZqV19LY25uMHhPb2ZyTWR1MmpMS3lpQ1lTSHpqXzJ0SzNIYlZlSnd5a0lLa3hkN2twSlVkYmZNX2N3ajJablpCRFlsTXdPOUdQM1RpSFU2QVluOUlJZ1o0dGk0S1NrTGFiekJOWXk1MF9QVE1ZYWtOcjJzTU5lTDlWRzVtUUNZX2FMdkZMWG0?oc=5) · legacy.com
- 2020-03-13 [The State Bank of Toledo: Promotes management team - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOMXMxanJmLUp2NEdXYTZGQ0hNUW14ejE0YU9HMFhBSmJrbG54c01wQWhWNUlPb1FkLXFkSk5zZnVkUS1UOEZnRVQ1bzNjZEY0dUhQSno2NnVBU0JYLW4xUk9GWHRMaDVmNGxObUlSYnh2SHdfRTRMamtLN1lSMDc4YkNYUV9KMFdQMVAwOFdMbkRqUE1nMFlZV1l2cElFZlFrd084MnJaR2tGZw?oc=5) · Tama-Toledo News Chronicle
- 2019-01-09 [State Bank of Toledo announces promotions - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMinwFBVV95cUxOOUg0WW5vcEdwTHAwT2I1QUlVS08wN2Jra1lMcUV2Qlc3eE1sSnhDbDdOZjhDMDZ0SXB4LW83TWU1M1AyUE00SkstZ2dwRlQ1dU83UGhzMkRTeC01ZUViRVg3WnhhZWdYc09fRTFNVzBzSVpXVjBJMllhY1M4VVlwRzNFb29EYWdoUDNNbF9OR211NG90Z1RITFctUUlDVU0?oc=5) · Tama-Toledo News Chronicle
- 2022-07-15 [Steve Kenkel retires after 39 years of service - Tama-Toledo News Chronicle](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNTzhlV3lSWUJ6bXp2VWJUV2phZXJET3dkTFJ0bUZ3T19WRDRWamo0TW4xbjM2dndpcXl5RHljczA2bEtJVmdIbjJRaVVVOHJOY2N2UVFiXzYxZlotZ3hMY1VCZWxidkhtNjRfLXBIQ3hXMjZVTmdYQ0dPMTU0VUREd2diWVR6ZFdDd1VITHZDWVdubWh0N0xiQ0FzbUFBY1ZaYTNZM21TRHQ?oc=5) · Tama-Toledo News Chronicle

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4514 (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/34.json (key "4514", 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