# FIRST ADVANTAGE BANK
COON RAPIDS, MN · FDIC certificate 57596 · asset band <$300M · latest filing 2016-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $74.5M | |
| Deposits | $61.5M | |
| Loans and leases | $34.4M | |
| Total equity | $9.0M | |
| Loans / deposits | 55.64% (p22 of band) | 75.30% |
| Liquid assets / assets | 47.45% (p78 of band) | |
| Uninsured deposits / deposits | 23.67% (p82 of band) | 14.23% |
| Brokered deposits | 1.34% | |
| Wholesale funding | 6.68% (p72 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.41% (p42 of band) | 10.87% |
| Unrealized securities loss / equity | 6.72% (p89 of band) | 1.65% |
| AOCI / equity | 8.15% (p99 of band) | |
| ROA (annualized) | -0.16% (p4 of band) | 0.88% |
| Net interest margin | 2.74% (p10 of band) | 3.67% |
| Efficiency ratio | 100.97% (p95 of band) | |
| Noncurrent loans | 0.56% (p46 of band) | 0.69% |
| Net charge-offs (annualized) | -0.03% (p11 of band) | |
| Reserve coverage of noncurrent | 98.95% | |
| Real estate % of loans | 78% | |
| Construction % of loans | 20.29% (p56 of band) | |
| Auto loans | $57,000 (0.17% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.8% | |
| Employees | 9 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 2 |  | noncurrent p90 |
| 2011-12 | 2 | noncurrent p90 | charge-offs p90 |
| 2012-03 | 4 | capital falling, expense ratio p90 |  |
| 2012-06 | 2 | deposits shrinking | noncurrent p90, capital falling, expense ratio p90 |
| 2012-09 | 2 | uninsured deposits leaving | reserve under noncurrent |
| 2012-12 | 3 | expense ratio p90, assets shrinking | uninsured deposits leaving |
| 2013-03 | 2 | capital falling | expense ratio p90, assets shrinking |
| 2013-06 | 2 | wholesale funding >15% | deposits shrinking |
| 2013-09 | 2 |  |  |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 0 |  | wholesale funding >15%, capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | NIM <2.5% |  |
| 2015-06 | 2 | reserve under noncurrent |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | NIM <2.5% |
| 2016-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-09 | 3 | losing money, expense ratio p90 | deposits shrinking, assets shrinking, uninsured deposits leaving |

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

- 2015-06-25 [First Advantage gives Pinnacle a taste of its own medicine - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxOZUliVE9LOWpPVEZPWFhzenNCTnhnZmhBTGFiU05jQktVcjlOODByQ0RyOEs2azhkb05ua1Bmby1nLXpjSEVDeXQxdE9TLWs1VXlERVcwZC1NaGxPR0xaZ1lqMzhMaThsQkkwYk00aVZSOTR1ZFlsQ3pBbXlYb09iVnRabWFLN3dvS0lqUm5rdms0QnhYcDVtNXI5TkwwTDY5X095YkxJMDJnTkxIUHZzdw?oc=5) · The Business Journals
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2016-07-19 [On the Move: 19 July 2016 - Nashville Post](https://news.google.com/rss/articles/CBMivAFBVV95cUxOd1AyQUJ3SW1oUHR5eTdvN0dNRjlPMFAycU9HczRORTR6R3dNcFMzMWhfcVNqVXRDb0VqRHhaQndlRlduTGtJUVg5ZUtBOC1DeVVValFhYzUxUUMzQkxpRkcwaF9IQmFhaU5zcmdkR0NKdGItc0RnM1U5V0x6Z1FYRm1HMXdRVFdlUG16ZXRkaVIwODFGTk9JUnVZMnFQM3FKakxEWmxaajlzc2UtY1l3bHJCOFA5emNOaVpBOA?oc=5) · Nashville Post
- 2020-06-02 [Brentwood bank names new CFO - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxOa25aUHdWNTVrMDRNNFByQkRlckxIbU10WklZaHI1ZF9NSmdYb0FlWUo2cUlrdzZVcFhMSmIxMTg2VHFSUkZnWUp6TzRXaEM3MlRpTXIyVElOMUZnN1BUNVd5ZDBjTnRUeEJCcjVFLXhOZXFHWl8tV1VoY2NWZFRkRTQ4eWRTcTNycWhRTzhiaFJSWVppZ3F2Qw?oc=5) · The Business Journals
- 2003-09-04 [Stephen Fisher Obituary (2003) - Saint Paul, MN - Pioneer Press - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPZEl5eUkwYUJqUEltZGtHQjlsMC1uOHpVUmY5YWlwZ2xPLXhZbzJQdDByUFUxUnhkcWdvRUZRNzFrdThSN1ZWVVdrVl9HczYwN2J2Ymg1TUwzSnozX1NYSmkzZlVVNER1NnJMS0p2aDBtcjBhcmRyWWV6bXhRX2ZpdG1Td0hid3JJWUlyMFFmZGVidw?oc=5) · legacy.com
- 2026-05-20 [Houston Bank & Trust launches with veteran executives leading latest de novo entry - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWXVPbDZOSTRaYVNQejhWZFBsVFBOSE9kMXg4WDluemhmazktaWhoYnZKY1hBa3hfMEMtbkVaS2NpVFBQTWpQdEtQQWhrX3FCOUxqVFQ4TkpRX055eDF6Y2NDNGhSM28zWmJFM3I4dEllanRnOS1VNzh3WW1rUUNXRng4NDBrSm5qT0lDRUZ6ZXphVi1SdEhV?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57596 (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 "57596", 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