# 1ST REGENTS BANK
ANDOVER, MN · FDIC certificate 57157 · asset band <$300M · latest filing 2012-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 12 (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 | $49.6M | |
| Deposits | $49.1M | |
| Loans and leases | $35.1M | |
| Total equity | $341,000 | |
| Loans / deposits | 70.49% (p55 of band) | 68.02% |
| Liquid assets / assets | 23.13% (p22 of band) | |
| Uninsured deposits / deposits | 0.62% (p3 of band) | 8.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 0.57% (p0 of band) | 10.05% |
| Unrealized securities loss / equity | 14.66% (p94 of band) | 3.01% |
| AOCI / equity | -1.76% (p6 of band) | |
| ROA (annualized) | -2.69% (p2 of band) | 0.76% |
| Net interest margin | 3.36% (p29 of band) | 3.75% |
| Efficiency ratio | 206.13% (p99 of band) | |
| Noncurrent loans | 13.39% (p99 of band) | 1.21% |
| Net charge-offs (annualized) | 3.35% (p100 of band) | |
| Reserve coverage of noncurrent | 9.20% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 1358.36% (p100 of band) | |
| Auto loans | $35,000 (0.10% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -15.0% | |
| Employees | 11 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | brokered >10%, wholesale funding >15%, leverage <7%, leverage <5%, losing money, expense ratio p90, construction >100% equity |  |
| 2011-06 | 8 |  |  |
| 2011-09 | 9 | capital falling |  |
| 2011-12 | 11 | noncurrent p90, reserve under noncurrent |  |
| 2012-03 | 14 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 13 |  | wholesale funding >15% |
| 2012-09 | 13 | charge-offs p90 | brokered >10% |
| 2012-12 | 12 |  | uninsured deposits leaving |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2013-03-01 [MN banks are pressured for profits - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxOUHdMV0d5UHJzQWxYUkxzMXdVREtqOE00eXQ3Uml5UEk3akxSaTgyOEttRG9wcTlsWFlpUnpoZm9mY25yQTFhNHRWN1o1NnpTNkR3RGhBTGQtWTFSWkRsTzM3VzNMTzlkZS1qUTB3OVBqZzVfendMQ0FBeDhueGxaNnNaVUkwaVg2ek5UbzFMbWc5TWVCQ2pKdnFTVDJXZkNEQUhpTnp2NA?oc=5) · The Business Journals
- 2013-02-06 [Courtyards of Andover closed, search for new ownership - hometownsource.com](https://news.google.com/rss/articles/CBMi4wFBVV95cUxNcmJ5UmFZTENHRzFsbms5aHp5WjdBSkkwRnVZTDl2XzZWQ3hoN3BpY19kOWdjVkpHYTRIelg0SkFSVmtMOE8zZ1hXZGdDTlZ6b0E0ZzlQZ0ZTeENveldiQk5yZXR3ZWhhMVU4MldReW1rRFN0WVVJR0t4X0p5TTBjNktWVHRDM2lhYzdseXlFOEZuQkhOMmpjNUVqNUhfUDNVS25SMmhEMUV3ZTFac3REOF9vRlozOWhITHB4dWhTcFBlbzVtdzFUTDJDQnotYTZmYXdRYVZtSG4tRkd2OWl6NTN6Yw?oc=5) · hometownsource.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57157 (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/5.json (key "57157", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide