# VENTURE BANK
BLOOMINGTON, MN · FDIC certificate 57249 · asset band $300M-1B · latest filing 2018-06 · stopped filing (departed)

**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 | $733.9M | |
| Deposits | $647.0M | |
| Loans and leases | $645.6M | |
| Total equity | $72.3M | |
| Loans / deposits | 98.61% (p80 of band) | 86.00% |
| Liquid assets / assets | 11.12% (p10 of band) | |
| Uninsured deposits / deposits | 53.31% (p98 of band) | 21.20% |
| Brokered deposits | 16.52% | |
| Wholesale funding | 17.98% (p90 of band) | |
| FHLB advances / assets | 1.46% | |
| Tier 1 leverage | 9.70% (p34 of band) | 10.47% |
| Unrealized securities loss / equity | -1.35% (p68 of band) | -2.60% |
| AOCI / equity | 0.19% (p99 of band) | |
| ROA (annualized) | 2.43% (p97 of band) | 1.09% |
| Net interest margin | 4.52% (p89 of band) | 3.71% |
| Efficiency ratio | 50.78% (p11 of band) | |
| Noncurrent loans | 0.17% (p23 of band) | 0.52% |
| Net charge-offs (annualized) | -0.02% (p13 of band) | |
| Reserve coverage of noncurrent | 691.27% | |
| Real estate % of loans | 53% | |
| Construction % of loans | 23.28% (p31 of band) | |
| Auto loans | $19,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.2% | |
| Employees | 108 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | brokered >10% |  |
| 2011-06 | 0 |  | brokered >10% |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | capital falling |  |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 1 | brokered >10% |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 0 |  | brokered >10%, capital falling |
| 2015-03 | 1 | charge-offs p90 |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | charge-offs p90 |
| 2015-12 | 1 | brokered >10% |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 4 | loans exceed deposits, wholesale funding >15% |  |
| 2017-03 | 2 |  | loans exceed deposits, wholesale funding >15% |
| 2017-06 | 2 | wholesale funding >15% | capital falling |
| 2017-09 | 1 |  | wholesale funding >15% |
| 2017-12 | 2 | capital falling |  |
| 2018-03 | 2 | wholesale funding >15% | capital falling |
| 2018-06 | 4 | uninsured deposits >50%, run vulnerability |  |

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

- 2018-02-19 [Venture Bank will be acquired by Choice Financial of North Dakota - Star Tribune](https://news.google.com/rss/articles/CBMipgFBVV95cUxQVUJLbHlGbnM1NDQwWFEyQnQwZXV3YmdVSGYwbVY1WHhfOHlOVmN1THJZeE53SGNNTFlhSjVtYzEwa3A2bGJJZXp2U3VIcHlrR0ZvR212ejY4NEFTT2NPMVUySldTVFhYRmtTV0g4UEhsUGpPU3VXckNhQzg1VTBaaWd4X0FjRDltUUREeURmSnR1V1k3N1RLRGEzcGc5N1JjODBmZFVn?oc=5) · Star Tribune
- 2018-02-20 [Choice Financial in N.D. to enter Minneapolis with Venture Bank deal - American Banker](https://news.google.com/rss/articles/CBMipAFBVV95cUxNYWxqWFBOYWIwLS1hdzE4MDNYbHg0dEJVQlBFNUx1cHRzRVltaVJoejlnc2tiR1lQUzdTekh2YkN4T3dWd3R4VDIwbWg5QzdTVnJKSlhtTmdzUjVWLTVTa0YyX2ZhUk5RV2pnVnlJN3ZKeVJNSmxyUXZBMWFid1BZb0xNV0FzWC1yd0NBU0NVcWVWOTZFZGc2NVVGVHJzbE1ramphWQ?oc=5) · American Banker
- 2017-08-01 [Michael Zenk and Gwen Stanley - Twin Cities Business](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE9QODQzeGlVcFJnUXVNbVN3ZVNWbGJUNWdJWEM4RjNMeXh6NzRCcU5WbXVMUGJGYmc1Z2tuczZwMUhBSnRjd0cyWkNYTEVfMEpRdWRMbXdnemROSFJBZ2FvY2lTZXJvdmM?oc=5) · Twin Cities Business
- 2024-03-08 [EntreBank, Minnesota's newest bank, off to a hot start - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOMUZKT0NIWEhKMkYyMUpIOHdfYUlXdFFKeFkzOHRqSFY4NTZ0bm5KdE5mam9pNzNJYnJkdVBnb2hJdTRDVW14QXd5U3RFazNuZ1o0eHgzSkpHT3FpMnhVbE1WSW9qVm1YbUhTb05xZXROT19CTkhXRmxBYVp4WjNWbFh0R3NWNXN5Z2JWWkJaOGtfbFJCbEdjVXppN2FVR1hheGpJ?oc=5) · The Business Journals
- 2025-11-24 [Bridgewater Bank Welcomes Jeff Bajek as SVP, Senior Credit Officer - Business Wire](https://news.google.com/rss/articles/CBMivwFBVV95cUxOZmQ2LVFIZnBmVW9UV2VYUWR0SnFYaE9QU3k5RENJY241QlZXWnFTSnVybEo5OU1pNXBoaFg5TjlpcXZrbkNidGgzaFpMRERzSWhBUVU3X0dVVXlMNzVneFNVU19aRTg2Rl9XU1drZllEZkJUc0xZRjFIbndvX2FxVzFBQ0dVd3lTb3RzQWg2QVYxdldhdG5HRVJQX3hJVmppal9kMHdFV0ZyeUQ2TmZucVRPLUR1ajBWSFFZOUhPRQ?oc=5) · Business Wire
- 2015-05-24 [Venture Bank's big bet on small-business lending pays off - Star Tribune](https://news.google.com/rss/articles/CBMimwFBVV95cUxQVXZaQU5QT3VqRm1JSXBkaE9sMzJRVVhpUHMwRWhWUWRBYjhlT2xSdlk3WEJURUIwalpFTVVpSEtrNTRlU1JzSlRPOE4wQTR2b0xrZDcxX1BfVkNKeE1Rbk0yamdBem9RZlQzRDB6YXhfUXBaU3drNk1sLWs4S2RLWENXUVVZdWwzOUlqcFl4bVhDbnRZWlFnSVpzQQ?oc=5) · Star Tribune
- 2016-11-18 [CFO of the Year: Travis Barkve | Venture Bank - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPVUtnVm91WTFOemlyQ1FhdFFOc3pTbjVyR0tJRVBEWXlKdHhRTUlQQVVyOXNvZjVGcTd3Z3VCMzdQYXFaTVlTcjQxdmFONFBNRmo5VWd2ZTc4ZDZYbFZyUUdaX3QydE9DZnFsb2NYejYtRWE2OWJ5bmx1ZVRONV94SFVvRDh3N3ZpY2VEUGpIbE8zT0JDZmhnTTFSSGt4SGxKLTBybg?oc=5) · The Business Journals
- 2009-10-01 [Paul Knapp - Twin Cities Business](https://news.google.com/rss/articles/CBMiTkFVX3lxTE5DZGFydmtmR1JLN0NqbHQ5TkdhbmhjN0xFWGQ1Ri1nUzBJMnoxUklsM0s1dEIwSjhtTDhBbDlGenBrQWhGdElySWlvYW45dw?oc=5) · Twin Cities Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57249 (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/33.json (key "57249", 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