# PIGGOTT STATE BANK
PIGGOTT, AR · FDIC certificate 5628 · asset band <$300M · latest filing 2024-12 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. 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 | $125.5M | |
| Deposits | $120.3M | |
| Loans and leases | $77.7M | |
| Total equity | $4.7M | |
| Loans / deposits | 63.66% (p37 of band) | 72.20% |
| Liquid assets / assets | 35.13% (p53 of band) | |
| Uninsured deposits / deposits | 28.49% (p77 of band) | 19.30% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p20 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.91% (p13 of band) | 11.46% |
| Unrealized securities loss / equity | -145.74% (p3 of band) | -13.79% |
| AOCI / equity | -11.39% (p2 of band) | |
| ROA (annualized) | 1.03% (p59 of band) | 0.90% |
| Net interest margin | 3.25% (p36 of band) | 3.57% |
| Efficiency ratio | 69.50% (p46 of band) | |
| Noncurrent loans | 0.48% (p60 of band) | 0.26% |
| Net charge-offs (annualized) | 0.20% (p92 of band) | |
| Reserve coverage of noncurrent | 293.87% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 71.09% (p85 of band) | |
| Auto loans | $4.7M (6.03% of loans; DQ 2.28%, NCO 0.06%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.4% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **charge-offs p90** (`aq_nco`)

## 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 | 1 | capital falling |  |
| 2012-06 | 1 | uninsured deposits leaving | capital falling |
| 2012-09 | 0 |  | uninsured deposits leaving |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 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 | 1 | uninsured deposits leaving |  |
| 2017-03 | 0 |  | uninsured deposits leaving |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 0 |  | capital falling |
| 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 | 1 | capital falling |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | assets shrinking |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity, assets shrinking |
| 2023-06 | 5 | wholesale funding >15%, capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2023-09 | 4 | AOCI drag >20% of equity | wholesale funding >15%, capital falling |
| 2023-12 | 1 |  | deposits shrinking, uninsured deposits leaving, AOCI drag >20% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 1 |  | capital falling |
| 2024-12 | 2 | charge-offs p90 |  |

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

- 2024-08-20 [Two NEA banks with common ownership to share common charter - Talk Business & Politics](https://news.google.com/rss/articles/CBMimAFBVV95cUxNUEJscXUtZFNXV1dKbXFYNkhwR2ViN2Y3c0N2ZGFDbHFwZktBUFR1Z003RG5HMzQ0b2o1VXo2djAtdWtBZGRXMUNteEJBTU5NUHluSnBKX2NpSzh1bVNCMjFoVzdRZHRnNWtoN1B5MTJFUjJ4M21FNEVRSXdBYUlRd2xvTFR6QWxiVTIwQjRfN0RiVVRLUnRHTA?oc=5) · Talk Business &amp; Politics
- 2025-09-16 [Local community banks consolidate under new charter: FM Bank & Trust - seMissourian](https://news.google.com/rss/articles/CBMirAFBVV95cUxNR3FpV05oRlpEVDY1LXhlVzViY0xmUjdWSVFJM3FQN0taQUpEZUYwZFBucUVUcUtyQWs2OUJnNUtpWDR4Q09TODN0Z3k2X3A1dXdYdWRQbnJYbmRrQjN1WHV1dFpBRFdRWW5YOENENXotWkxGazktaDZ0a1dqaWhoWEpSeVpzdW9OU091dFJLOXppX01XOUdOTl85c05OVDJEWm0wb1RIM1ZKTjA3?oc=5) · seMissourian
- 2025-09-18 [Five Banks in Northeast Arkansas and Southeast Missouri unite as one to become FM Bank & Trust - NEA Town Courier](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQSUZLa0dvbFZjWU14eDlwUExjNURCaldRYnJLRmZhRHlISnFieXFsOXdfQzNLNlNmT0RmWkt4MlFmZUt3YnY2and6TW4wNjkyWlowNnllcWZGYVRSbDBxUzBSZjNaT0RUZTI3cl82NUhWMWNCbmh5QzZEeDhNbVo3MmZoVEZKMnF1WTFUMkVzc1p5Z1hiOW56em1tRnhzQXlyUnVHVlQ1dHg3dE52aHlCeHBLMkRYUHljV2xFMGwwLV85S0NCQl9fYmkwRkxMRnF4SnFV?oc=5) · NEA Town Courier
- 2016-07-04 [Gaylon Lawrence Jr. Inherits Ownership of Piggott State Bank - Arkansas Business](https://news.google.com/rss/articles/CBMiowFBVV95cUxQT0xPMC0tUlhOU1BidnZsc2w2ekVNWld6SzRHY3pkTWhHMzV1LXV6cUxWNlRoaXJQVkpudWZWODZ6VE5UMnZkcFR4VkcwbzlMT2QyTGlpT28ybGQxVEFMS3diRnJYZDhEemF2WjJqM0p4eUNNQlctNllIbC14UUgzSjhvb3F1eWtBNjh3dTJia05GZ2Y4d1JZa04xZXY0bEdYWnk4?oc=5) · Arkansas Business
- 2024-08-21 [Two Northeast Arkansas Banks With Common Ownership to Combine - Arkansas Business](https://news.google.com/rss/articles/CBMipgFBVV95cUxNaGd1dl9MejQ2ekJXdHlNRFhTeHVuUXVTRE1LUklYQmk3MmNQMDhoS05QWjNxaF90V0U1b25XY09ra1VzOWxCMXVCdGkyZW41Y01RdEdmMUNyNEVDYjNSbm40ZVNBOENHRy1KcnVwZTRDTkMzaTI2Qk94VmpVemg4U3dOdW53NTlGcEQxOHdKYlR2TjFDdE9ZakpCSnJaUXBBUEJ2ZTl3?oc=5) · Arkansas Business
- 2025-06-16 [Evanell Turner Obituary | Hoggard and Sons Funeral Home | Piggott, AR - Tribute Archive](https://news.google.com/rss/articles/CBMic0FVX3lxTE5IeU1qcGE3ZUlpWmpTNURWQVczM3JDdVdNZl94eF93RjBpUDF6RV9Cajh6WHBPLVJDdUQtN0g2YmRUZkdqdFAwbnZRSDJUTGhWZFVha3l6MXFWb2FXUGRhSThwcmlWMWcycFBwMV9EaW80S0E?oc=5) · Tribute Archive
- 2017-08-07 [Bank Street Partners report shows Centennial Bank with top state ranking - Talk Business & Politics](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNSzVINlNwZ2tvNlBxYVFjcjc1T0JYSzB3SmZjdlMtNWhKTDNqZy1WTE8wOW5pV2dxQm0tRjUtQXhtNWZkU29HZjkwM3ZaV1JWTWJ4SjN4ZlM4WUlocU1GbmZCeHkwY2VlLUZKSXFNUDJSbnB5cE1RWHJCMnlKMWdjVnhUcTVIWUQzc3EwWlcyUGJDZ3djakpUZnMwcC1NNy1EeDYyN0FaTExUdw?oc=5) · Talk Business &amp; Politics
- 2025-06-16 [Blytheville Bank Poised to Grow - Arkansas Business](https://news.google.com/rss/articles/CBMikAFBVV95cUxOdGdBdG84WWlydlREcTVYZ254RE9Za3JWSy1sTjhZcFc3ZXFlSWhKUEJ6VDlIQTRWbFFkRzhJNUdIMlFFaDFQLTBXX3RaN1lxbEplcnM5SW5URnliNW9lSmp4aWZ2UXBNOGFPTUFXRDluaEg3bEJ2dzAtS25BNU8xTkEtdl9kS3dsZHl0WE1nX0o?oc=5) · Arkansas Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5628 (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 "5628", 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