# FIRST OPTION BANK
OSAWATOMIE, KS · FDIC certificate 4746 · asset band $300M-1B · 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 | $817.6M | |
| Deposits | $722.1M | |
| Loans and leases | $485.9M | |
| Total equity | $53.2M | |
| Loans / deposits | 66.81% (p20 of band) | 82.04% |
| Liquid assets / assets | 36.70% (p78 of band) | |
| Uninsured deposits / deposits | 44.83% (p92 of band) | 25.97% |
| Brokered deposits | 1.74% | |
| Wholesale funding | 6.33% (p64 of band) | |
| FHLB advances / assets | 4.59% | |
| Tier 1 leverage | 8.18% (p3 of band) | 10.81% |
| Unrealized securities loss / equity | -12.94% (p36 of band) | -8.10% |
| AOCI / equity | 0.01% (p81 of band) | |
| ROA (annualized) | 1.44% (p60 of band) | 1.28% |
| Net interest margin | 3.21% (p16 of band) | 3.91% |
| Efficiency ratio | 63.37% (p57 of band) | |
| Noncurrent loans | 0.02% (p13 of band) | 0.43% |
| Net charge-offs (annualized) | 0.32% (p94 of band) | |
| Reserve coverage of noncurrent | 3369.23% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 111.36% (p90 of band) | |
| Auto loans | $8.6M (1.76% of loans; DQ 0.16%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 7.9% | |
| Employees | 121 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)

## 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 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | reserve under noncurrent |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 0 |  | reserve under noncurrent, capital falling |
| 2013-09 | 1 | AOCI drag >20% of equity |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 2 | capital falling, reserve under noncurrent |  |
| 2014-09 | 1 |  | reserve under noncurrent |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 2 | AOCI drag >20% of equity, reserve under noncurrent |  |
| 2018-12 | 0 |  | AOCI drag >20% of equity, reserve under noncurrent |
| 2019-03 | 1 | charge-offs p90 |  |
| 2019-06 | 0 |  | charge-offs p90 |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 3 | construction >100% equity |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 3 | capital falling, securities losses >30% of equity |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 1 |  | capital falling, securities losses >30% of equity |
| 2024-03 | 2 | NIM <2.5% |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | NIM <2.5% |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | uninsured deposits >50% |  |
| 2026-03 | 1 |  | uninsured deposits >50% |
| 2026-06 | 2 | charge-offs p90 |  |

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

- 2025-10-27 [Miami County Sheriff's Fund seeks help for disabled Louisburg police officer impacted by government shutdown - KSHB 41 Kansas City](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNMFRZckhlakN4UWQ4dXBQUlFZYU1qWDhPRk1TQ040UVljdFFNSEJHSDVUNG9yNFRaVkgxVnZkMkZ6WVJVS1pLX05abzctZ0ZqWGVacmFOamtPdFpkQmJhbkNGc0tfTUZTM2h5Y2JieUJ2ZmVkWHhacnAwYXlVQi05T29WS1hEMVRvNGFsc3lmMVlIYThhVjBkMVlGbzlqajBkYnlsckdsWm8tUFdFRWVBZmZrZmpLZnNxbnk0UmhKNlUtNk5sUjYyNGtiS1dhbTJ1amhUb0YzMWFvZElE?oc=5) · KSHB 41 Kansas City
- 2024-04-03 [These 10 KC-area banks grew their loan portfolio the fastest in 2023 - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxNWjdfdVJTOXJ0THEzVU1iOFdYQ1pjcGJPU3NscnJVLVEtQ1hkMEFPV19VdXlCUndkdUpYOWs2WXVvTVVJMGNMa1BIUVgzVmNTenNTSjJORHpkbTZaUEo0bHB5Zl9SNmFYaWdBM2U4cjZSZEZGeVVKMEIzUC1hUU5DaWpkMU9ZUlhmQ0hlbUIyRDJBR1JzcG9hajRWNS1RQQ?oc=5) · The Business Journals
- 2024-11-08 [Tyler Scott Obituary May 4, 2016 - Dengel & Son Mortuary - Crematory - Dengel & Son](https://news.google.com/rss/articles/CBMiY0FVX3lxTE1weVJoS1JFc2dhb1JmM2ZwbjV4ZEdVNHE1TEgxOTAwb1hEV18yTGY3QTd3ZXVhaVVjZmFvVjVDeFBLVXpGazJQSzNLcWF3RkZDeThPWGNHUC1RX1k1RFBqR0l0MA?oc=5) · Dengel &amp; Son
- 2012-10-14 [Woody Allenbrand Obituary Oct 14, 2012 - penwellgabelkc.com](https://news.google.com/rss/articles/CBMiakFVX3lxTFBhczlSMjM4ZXg5LTZ2S3R1NHlZVEpGR3VSbVh5dHJEVlNGMWJqUE42NzlBN25nUkVZV2o2elc5T3RkMUJ2N0xyZDNycF9vY3FCdFdCS1ZBVkdHYWZ4NU4zMTBIdGMtSnpFblE?oc=5) · penwellgabelkc.com
- 2025-09-02 [Why is Kansas town protesting high school sports complex? Inside the controversy - Kansas City Star](https://news.google.com/rss/articles/CBMifkFVX3lxTE9wQmdBN0o5a20yTHQwclYyV0sxSjF5QnphX2tWUS1DUUgwbWlmQzZpdmxiNHYxRXlPek5JWkhOazZhOG1na2Rvb0FmSzBoaHNKSWRnSjJ0V1k0eTY2a240QnBZN1V5dDh1ZHdXOV9BYlpuYzIxQjVpenU1dVRDd9IBfkFVX3lxTFA4b3A3dWZtUDNaQU8ybXk0Yzh3N002V1hNY1FTXzAtcUJ4b1dtYlFJaVB6LXg4REFnUkxNUG5sRmk4RGpTTFlnem1Ob24tTHFzczE3RlRobjVtQUlBSDdYXzF5Nksxa2pDZzNzN1ZtNENVdUF4bmhpbGV4OXVIQQ?oc=5) · Kansas City Star
- 2025-09-05 [Lo Vang Kiatoukaysy Obituary - Kansas City, MO - Dignity Memorial](https://news.google.com/rss/articles/CBMijwFBVV95cUxPU3F6T0dObEY2eVV2SmVxcnpaRHBURFhmcnA4VE5WOGlQVHhiX1loeGxrQndQb1UzbDdmNzVxQWJRd25DR3pJX1F5Rm1ZcE9VaTY5MUh4OWFEanowRTV4UVFfRzBfSDlLWkFUcHlhcGZpQmdSdk9mMkVwQ1RFY3d5X2JUNmI5TWRLMWNIakRQQQ?oc=5) · Dignity Memorial
- 2020-09-17 [Jean Faye Kaiser - Dengel & Son](https://news.google.com/rss/articles/CBMiakFVX3lxTE01NEE3bUp5MGZiejJ4ZW16TUlEeHBVaEFUT1VuSTlxRXlhTnVHUThiT01OMDI3dEJlNWRmN2ZScmJORGxna2Z1NGt5dElERGFoc2p6aEhMT1Q0SlBiOV9lT2lINENGakgzTnc?oc=5) · Dengel &amp; Son
- 2019-10-10 [Edith Helen Chambers - Dengel & Son](https://news.google.com/rss/articles/CBMib0FVX3lxTE12UGRpRkpQUGxObGdfOEJvTkl0S1p4bndnMGlxcFFxWTl2RFplNFpQUkxsc1dxX2czX3ZfQXRHN0t4LWlnTVp4bDZCQ3pWZkhQaHU5alhMalpvLW9iVk5KUUNBUEM4Vk1TME5Cd1ZjTQ?oc=5) · Dengel &amp; Son

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4746 (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/10.json (key "4746", 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