# UNION STATE BANK
PELL CITY, AL · FDIC certificate 5602 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 4 (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 | $212.5M | |
| Deposits | $191.7M | |
| Loans and leases | $99.0M | |
| Total equity | $11.8M | |
| Loans / deposits | 51.20% (p20 of band) | 73.59% |
| Liquid assets / assets | 44.50% (p71 of band) | |
| Uninsured deposits / deposits | 22.97% (p62 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.77% (p68 of band) | |
| FHLB advances / assets | 3.77% | |
| Tier 1 leverage | 9.61% (p19 of band) | 11.76% |
| Unrealized securities loss / equity | -70.72% (p3 of band) | -6.57% |
| AOCI / equity | 4.78% (p100 of band) | |
| ROA (annualized) | 0.43% (p16 of band) | 1.17% |
| Net interest margin | 3.59% (p33 of band) | 3.93% |
| Efficiency ratio | 88.32% (p88 of band) | |
| Noncurrent loans | 2.00% (p85 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p60 of band) | |
| Reserve coverage of noncurrent | 45.08% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 139.77% (p98 of band) | |
| Auto loans | $370,000 (0.37% of loans; DQ 4.86%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.4% | |
| Employees | 64 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | losing money, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 3 |  | losing money |
| 2011-09 | 5 | capital falling, losing money |  |
| 2011-12 | 5 |  |  |
| 2012-03 | 7 | NIM <2.5%, charge-offs p90 |  |
| 2012-06 | 8 | expense ratio p90, assets shrinking | capital falling |
| 2012-09 | 9 | deposits shrinking |  |
| 2012-12 | 9 |  |  |
| 2013-03 | 9 |  |  |
| 2013-06 | 10 | capital falling, AOCI drag >20% of equity | charge-offs p90 |
| 2013-09 | 11 | leverage <7%, charge-offs p90 | deposits shrinking |
| 2013-12 | 12 | securities losses >30% of equity |  |
| 2014-03 | 5 |  | losing money, NIM <2.5%, expense ratio p90, assets shrinking, capital falling, AOCI drag >20% of equity, securities losses >30% of equity |
| 2014-06 | 7 | deposits shrinking, assets shrinking |  |
| 2014-09 | 7 |  |  |
| 2014-12 | 6 | expense ratio p90 | deposits shrinking, assets shrinking |
| 2015-03 | 3 |  | noncurrent p90, charge-offs p90, expense ratio p90 |
| 2015-06 | 5 | expense ratio p90, noncurrent p90 |  |
| 2015-09 | 7 | capital falling, losing money |  |
| 2015-12 | 6 |  | capital falling |
| 2016-03 | 5 |  | losing money |
| 2016-06 | 4 |  | construction >100% equity |
| 2016-09 | 4 |  |  |
| 2016-12 | 6 | losing money, construction >100% equity |  |
| 2017-03 | 7 | capital falling |  |
| 2017-06 | 7 |  |  |
| 2017-09 | 6 |  | capital falling |
| 2017-12 | 6 |  |  |
| 2018-03 | 6 |  |  |
| 2018-06 | 7 | deposits shrinking, assets shrinking | losing money |
| 2018-09 | 5 |  | deposits shrinking, assets shrinking |
| 2018-12 | 5 |  |  |
| 2019-03 | 3 | charge-offs p90 | leverage <7%, expense ratio p90, noncurrent p90 |
| 2019-06 | 3 | expense ratio p90 | charge-offs p90 |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | expense ratio p90 |
| 2020-03 | 5 | expense ratio p90, deposits shrinking, assets shrinking |  |
| 2020-06 | 3 |  | deposits shrinking, assets shrinking |
| 2020-09 | 4 | capital falling |  |
| 2020-12 | 4 | leverage <7% | construction >100% equity |
| 2021-03 | 6 | losing money, NIM <2.5% |  |
| 2021-06 | 5 |  | reserve under noncurrent |
| 2021-09 | 6 | construction >100% equity |  |
| 2021-12 | 6 |  |  |
| 2022-03 | 8 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 7 |  | capital falling |
| 2022-09 | 5 |  | losing money, NIM <2.5% |
| 2022-12 | 5 | assets shrinking | expense ratio p90 |
| 2023-03 | 5 | deposits shrinking | AOCI drag >20% of equity |
| 2023-06 | 6 | charge-offs p90, uninsured deposits leaving | leverage <7% |
| 2023-09 | 5 |  | uninsured deposits leaving |
| 2023-12 | 6 | uninsured deposits leaving |  |
| 2024-03 | 7 | losing money, expense ratio p90 | charge-offs p90 |
| 2024-06 | 5 |  | assets shrinking, uninsured deposits leaving |
| 2024-09 | 7 | assets shrinking, uninsured deposits leaving |  |
| 2024-12 | 5 | capital falling | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2025-03 | 2 |  | losing money, expense ratio p90, capital falling |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | expense ratio p90 |  |
| 2025-12 | 3 | deposits shrinking | expense ratio p90 |
| 2026-03 | 5 | reserve under noncurrent, assets shrinking |  |
| 2026-06 | 4 |  | assets shrinking |

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

- 2026-01-06 [Mary Banks Obituary - Attalla, AL - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTE5WMHN3ZXJHVXE4aDNWUzdaVkJTd2dBRF9pbFdLLTFaaDg0UnJkQzYzcFBhMkdsc3B3UmZMSkgtU3dfckdWZ0dweGttM0NBMm5IcVoyNlhmX01YSEpNYVlXMEgwbm1fQ2NMQTFxd2pMMDJqMHNpUC1PcVp1bzdlQQ?oc=5) · Dignity Memorial
- 2018-08-01 [Suspect arrested in Union State Bank robbery - WVTM](https://news.google.com/rss/articles/CBMiiwFBVV95cUxObkdIYlZRaFlEU3lPWS1BWmx2YWk1ZkVhNXpEczljVkpjWDcxQXJHNEh5a2RKRE1haDZkZFc1WHJiY0poNWFzdVlqLU1fZXc4MTBrajk4U0tVRUM0bW5fcWtPSUMtU09weGVrdVJqN2lQOFNJUktOSlFSY01PdlNsOW9udXp5UXV3UEZV?oc=5) · WVTM
- 2008-01-03 [KeyBank acquires Union State - Times Herald-Record](https://news.google.com/rss/articles/CBMipwFBVV95cUxNOG1RZDI1REZBdFhZaVh3ZG8wWWpKS3FGcEpLM3REVDE1b04yTkFFUDk1cS1OdnpYNW91QU5YeC1uRWVtUk9wdUZZZTFyVThCSEhOZmFTM0Q4b0lmOE1IYUhpajFpd2U0T3cwT1lXS1Z2clRvSkNXWWp0TUN0TGFrMnpKc2I1Wk9LbzNYSTBBOWdGbXFsSnQ4c2hjV3B6NFZjb3pJNXRrWQ?oc=5) · Times Herald-Record
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2015-11-04 [Wig-wearing suspect formally charged in Homewood bank robberies - WBRC](https://news.google.com/rss/articles/CBMiogFBVV95cUxPTUY0M3l4ZkxJdmRDYVVkbkt3ZFFORE1uQ0N6OTQ4M2hRMTRnYjN0dUhFZ18xODZIajBkb25rZ1JTUXpSQ0d3WVpncV96U05McXlMUzBjeEx4aTJFWkV4dzlNTlFwN2dYRDJpTDhqZ29aM2xaMVlqTUFrQ0ZDMFo0RjhvREMwS1dQNFNwQ24zSXNId0pBMHFFUmlmdXhGMmtlbEHSAbQBQVVfeXFMTmJzTjNGZ1BKZG1BeWVVNnpUbng4cmduOXJObUxjOHhvd1d4MzdUV0h3cFJJYURQdU5EN2tNNHpZWjA4Zl9obHJETktRbGRtS1NEbkw0a2NjSUZna1lXd19GcklCdG9wbjVDR0xubElFVFRMSlR4NUMxVE8tb0haX2ZQcWhEdzFDdlR4Z3MzLTA4V3ZFTUxWbXVpUVpGQVYxMGhoWDA5UG84eVh4Y29neUZZd1g0?oc=5) · WBRC
- 2014-04-03 [Lee County man sentenced to over 8 years in prison for robbing 5 banks in January 2013 - abc3340.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxOeEtMZm9objh6N1g5dlZNTEFqenU1VUZrM1F6a19SaXRQR2hnT2txdlFHWUpiSlA1RlhaTUZaMTdkQ0FOU2ZBWFRVVi1wdVEtSWFKbmZWMDRJajdlRThBX1hwdTd0OTZjZE1NOXVnY2dJR3gxc2VDLTRMMU5md2dpd2FNaTJyODZUbDhsV0swaEVEaWhPRHJROVB1QWJlcTlrY0dhLWdQRE10ak1FS2Z5d1ZDQlVFckJ1bUg0UFNHZw?oc=5) · abc3340.com
- 2016-02-24 [Accused wig-wearing robber indicted for string of Alabama bank holdups - AL.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNNXlobUhGeEdFQTVxc19PWDBQaVc2eTZEZmI1WE9JbHV5MERxdDRXUy1QbDFEUkZkWS0zSm16T1RwX1RQVW9ZMWgzVVZYckVuZGh1R24yNzBkdk55aVkxMmJrdFJYTUEyaUZmOTA3WFFqNlQxc00teTI2eXNVMldpWnNuYkg?oc=5) · AL.com
- 2021-06-07 [Gadsden man sentenced to 30 years for Union State Bank robbery - The Rome News-Tribune](https://news.google.com/rss/articles/CBMi7gFBVV95cUxPV0syR0RLOUVIbjNfYWhiMDlwcVM1S0Z1eWEtV2g0NDQyNWt5a3VXWEZHLWZ5VE1HSTVMeUFwZG9MRVJEbUtEYnc3emVlZzVZaVpPSmFZNnMzZmlRTlE4c3ptSHNCS3d4NTZLamVBRDluUkpDUWNSajVvSFlha2V0a2dtTERRZHhfZDFnMnJrS1IzOTYxR2tVbVRxQW56SXlVSnpJVTktSmJyQzgwRjV6YXFKVzVBdVktMUJvbk5hSlQ5TEZoM1JRaTZfQjZ3a3kxYWtocGtyTDZ4R2xLNVhvb1g3TVhnMXBHcXpkc3hB?oc=5) · The Rome News-Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5602 (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 "5602", 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