# FALCON NATIONAL BANK
FOLEY, MN · FDIC certificate 57603 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (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 | $872.3M | |
| Deposits | $768.7M | |
| Loans and leases | $745.5M | |
| Total equity | $92.5M | |
| Loans / deposits | 95.19% (p82 of band) | 82.04% |
| Liquid assets / assets | 12.96% (p11 of band) | |
| Uninsured deposits / deposits | 27.81% (p58 of band) | 25.97% |
| Brokered deposits | 2.51% | |
| Wholesale funding | 2.51% (p44 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.24% (p40 of band) | 10.81% |
| Unrealized securities loss / equity | -5.71% (p59 of band) | -8.10% |
| AOCI / equity | -0.61% (p37 of band) | |
| ROA (annualized) | 1.20% (p45 of band) | 1.28% |
| Net interest margin | 4.56% (p84 of band) | 3.91% |
| Efficiency ratio | 61.03% (p49 of band) | |
| Noncurrent loans | 1.04% (p74 of band) | 0.43% |
| Net charge-offs (annualized) | 0.51% (p97 of band) | |
| Reserve coverage of noncurrent | 176.86% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 78.38% (p77 of band) | |
| Auto loans | $934,000 (0.13% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -2.6% | |
| Employees | 119 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | reserve under noncurrent |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | charge-offs p90 |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | capital falling |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | construction >100% equity |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | construction >100% equity |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | construction >100% equity |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | charge-offs p90 |  |
| 2016-06 | 2 | capital falling | charge-offs p90 |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | capital falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | capital falling |  |
| 2018-06 | 0 |  | construction >100% equity, capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 1 | construction >100% equity |  |
| 2020-03 | 0 |  | construction >100% equity |
| 2020-06 | 1 | charge-offs p90 |  |
| 2020-09 | 1 | capital falling | charge-offs p90 |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | charge-offs p90 | capital falling |
| 2022-06 | 1 | liquid assets <10% | charge-offs p90 |
| 2022-09 | 1 | charge-offs p90 | liquid assets <10% |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | uninsured deposits leaving |  |
| 2023-06 | 4 | brokered >10%, construction >100% equity |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 | capital falling | construction >100% equity |
| 2024-03 | 2 | construction >100% equity | uninsured deposits leaving, brokered >10%, capital falling |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 | capital falling | construction >100% equity |
| 2025-06 | 1 |  | capital falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 5 | capital falling, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2026-03 | 3 |  | capital falling, assets shrinking |
| 2026-06 | 1 |  | deposits shrinking, uninsured deposits leaving |

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

- 2026-01-05 [SBA Suspends Nearly 7,000 Minnesota Borrowers Over Suspected Pandemic Loan Fraud - KNSI](https://news.google.com/rss/articles/CBMiswFBVV95cUxPRHVrUDJkaUJtbnM1VVhoSGpycmMwVURBSS03ME90SmtTdWFSZHdwVDJtdXN6SDRNdnhGcjd5NzR1cE1VZnc0aE1JeWdYaFllMDFjZ1ppYVRLVzZmWWZYSURzRHE2X0h4d1VKNXNhWnRrdmJHaU1QMDlUQUVpWmYzQTNXRzZoZlhXQTEtblc0VnU4QUF4U1FBOTB5Wm9BX05vRV9JTGtveDgyVlBjMThXOG80Yw?oc=5) · KNSI
- 2022-09-12 [In Business: Falcon National Bank names Troy Cameron St. Cloud market president - St. Cloud Times](https://news.google.com/rss/articles/CBMizgFBVV95cUxOSE1UTGRXcEpBbDllMTV1LUZRc2FsLXNvV0JKT2dnSmZhakwyeGZCYVlsVHpUTWVJX0ZaUFlUQ20xRzhNZ04tMDRnMWFfMV9aYXpnbGdlT0x1c1p5TzVYanNuYWJrUTZ1ZW1aTVJUdHJUYjlTNGlWTWxZUExGN1B5VkdGa05NU2ZkQnNWYlVjZDhvRHU4SVRDYUJtRlFFOFNzUVBvdkpzYnVBS1E0dFc1YjRlRW80bm4tT1Vmb3Y2emFJbWE1ckNXTFRZTzBudw?oc=5) · St. Cloud Times
- 2026-02-24 [Falcon National Bank appoints new president - St. Cloud Live](https://news.google.com/rss/articles/CBMihwFBVV95cUxQeTNhRDd4RnRNb0hMcjAxOWZoOFZhM0hSR05aYU5MZTRMTTl0cDZTUkJSXzVtRi14c0lKSDlCRjNJT0I4STF0WUtZVk9WU090a3NhenhxVU9kNW5qVUV2cFBYV2RPLXpzNm83VFRvQ2d6eXRaY0xwTkh4MlVldi1tRTgxQlZsdzA?oc=5) · St. Cloud Live
- 2021-05-03 [Foley Based Falcon National Bank Adds Sixth Location in Maple Grove - KNSI](https://news.google.com/rss/articles/CBMiowFBVV95cUxOV2QzRW05QVVhWFpuMVZGMG9pYndaTVA0X0VKRFBZUXRzOUhxM0Q5UUxNSkhQb0dobjZFUjRnX0hYZmd2dUdqRVVIOTJ1YkNidmh0NWNfNU1VRlY4UHZEcEwyM0I2bTFLRVdIUTlLdENFZXBfZ1RxX08yMzhnNk9vVGhIWk1MWlJLZFl3MDJoR2JuUnZxZ3NsdDVhQzZVYk1FTDEw?oc=5) · KNSI
- 2018-06-09 [Falcon National Bank turns 3 banks it owns in Richmond, Isanti, Ham Lake into Falcon brand - St. Cloud Times](https://news.google.com/rss/articles/CBMivAFBVV95cUxPTk5oTndjOXE4THlDRC1lRThfeU9UQ1M2eDFFMkpWWDl0YkNnSEZWWTdxcHdONkZtNXVNTVpTRU11bU9NVmN0a3JhWmFRU2Nha0dObUt4WHVPU2xZUmJxdGQyaDdLTU9lSEhrWTNfRkEtQkZkdnR3ZmcybW5NYXgtUldvY0tHQW9KMUR2SzdvbUVLVklNU2M4SnlWUHZ5MUxXN1FwXzl5Rm1uNkNqSmxjcXJ4MUV3WkN3WXZFUQ?oc=5) · St. Cloud Times
- 2026-01-14 [MMFCU Appoints Kourtney Piepenburg as Executive Advisor: Strategic Solutions & Partnerships - Brainerd Dispatch](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPaXY5Vmlnc0NvVzVmYTh0UWU4NXZlY3pMZkR4TWhrREcyTVlKSnZENTE4Q01FM0hiNlVVX0xfNmYtQVE0WUR1azlfZWxUbTFlUEI3NlBEdnJfNGJsT280dTFRVzZoSTBDVUxsVkdnRVFETnlwWkJmMWhtdGQxRW9wOEFfTDNSd054U0ZJQUF5YUw3cGd6YkF0RVk0UnJabmRLQjFLcDZ6OWVOUFFsUzRPTDJKeHZJLWZ6a1oybm01SFQxcGVwdlZvY3RQSUdTeHJ4SWdsaXdCQVg5VW9mcmFDcjY0elVnZjFyTnMxVVI3cEZjaW5WUEtUOA?oc=5) · Brainerd Dispatch
- 2021-10-25 [In business: Falcon National Bank hires new VP of business banking - St. Cloud Times](https://news.google.com/rss/articles/CBMixgFBVV95cUxOZndGeW9OMXRkSGx6ZndMTnFMWkF0VVFkRGF0ZEZXUTRueEtMbGJ5VXVoczF2RDV2Y3d0NE83ZmctbnB5TkM4d09PU3JTZ1hIb2VwV21JRkhEY1VaUXBSTEJvOV82VWplZmxwMzUxZjFVQjlOaU8ySEtQRU03YkFidHljbV92SEx5T1NYcGVRaE95WHhScDk1dG9pTXZMdkE4QnpqaWVaTGhONmFCM0VfVWZlV3NzZDhGTUk4Z25VUXRZdDZsQ2c?oc=5) · St. Cloud Times
- 2021-01-04 [In business: Falcon National Bank expands SBA Lending Division - St. Cloud Times](https://news.google.com/rss/articles/CBMitwFBVV95cUxNdU9uSkNTT0EtM1ZxMlFjejJ1dWwwTWhBM0JIWEtPdDhTTTlyZjVGYzNmcVdfMk1iMUtYb09VMEtVd1hPUUpLTTFrZXg4U0tPeXFwQXdMenBJc0xZV0lpNDVOR2EwVVE2bGxFRmJqLWFJaWFKX25JOE9RUnczcFRZQ2dwcC0tWE1Ub0dYempxUmpBaXczaDV5V1NJZUJvQzR5RFROVFNnOTBfNGZyV2xnMUE3bDdiV1E?oc=5) · St. Cloud Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57603 (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/3.json (key "57603", 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