# VISIONBANK
FARGO, ND · FDIC certificate 57892 · asset band $300M-1B · latest filing 2025-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $302.6M | |
| Deposits | $259.4M | |
| Loans and leases | $239.4M | |
| Total equity | $40.7M | |
| Loans / deposits | 91.33% (p75 of band) | 81.39% |
| Liquid assets / assets | 14.27% (p13 of band) | |
| Uninsured deposits / deposits | 20.84% (p33 of band) | 25.47% |
| Brokered deposits | 1.65% | |
| Wholesale funding | 1.65% (p35 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.10% (p3 of band) | 10.62% |
| Unrealized securities loss / equity | -0.37% (p88 of band) | -9.12% |
| AOCI / equity | 0.41% (p13 of band) | |
| ROA (annualized) | -0.12% (p3 of band) | 1.14% |
| Net interest margin | 3.58% (p44 of band) | 3.68% |
| Efficiency ratio | 57.20% (p31 of band) | |
| Noncurrent loans | 1.32% (p82 of band) | 0.38% |
| Net charge-offs (annualized) | 0.40% (p96 of band) | |
| Reserve coverage of noncurrent | 79.51% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 61.11% (p62 of band) | |
| Auto loans | $2.7M (1.14% of loans; DQ 0.11%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.9% | |
| Employees | 46 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | losing money |  |
| 2011-12 | 1 |  | losing money |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2012-12 | 0 |  | reserve under noncurrent, loans exceed deposits, liquid assets <10% |
| 2013-03 | 0 |  |  |
| 2013-06 | 2 | liquid assets <10%, charge-offs p90 |  |
| 2013-09 | 5 | loans exceed deposits, capital falling, reserve under noncurrent |  |
| 2013-12 | 4 |  | capital falling |
| 2014-03 | 3 |  | charge-offs p90 |
| 2014-06 | 2 | capital falling | liquid assets <10%, loans exceed deposits |
| 2014-09 | 3 | loans exceed deposits, liquid assets <10% | capital falling |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 5 | deposits shrinking, uninsured deposits leaving |  |
| 2015-09 | 4 | capital falling | deposits shrinking, uninsured deposits leaving |
| 2015-12 | 3 |  | capital falling |
| 2016-03 | 3 | construction >100% equity | reserve under noncurrent |
| 2016-06 | 6 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2016-09 | 6 | uninsured deposits leaving | construction >100% equity |
| 2016-12 | 6 | construction >100% equity | charge-offs p90 |
| 2017-03 | 5 |  | construction >100% equity |
| 2017-06 | 5 | capital falling | uninsured deposits leaving |
| 2017-09 | 4 |  | loans exceed deposits |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 | loans exceed deposits | capital falling |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | capital falling |  |
| 2018-12 | 4 |  | capital falling |
| 2019-03 | 4 |  |  |
| 2019-06 | 5 | charge-offs p90 |  |
| 2019-09 | 6 | capital falling |  |
| 2019-12 | 4 |  | loans exceed deposits, capital falling |
| 2020-03 | 2 |  | noncurrent p90, charge-offs p90 |
| 2020-06 | 3 | capital falling, noncurrent p90 | liquid assets <10% |
| 2020-09 | 2 |  | noncurrent p90 |
| 2020-12 | 3 | noncurrent p90 |  |
| 2021-03 | 4 | charge-offs p90 |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 3 |  | noncurrent p90 |
| 2021-12 | 4 | noncurrent p90 |  |
| 2022-03 | 1 |  | capital falling, charge-offs p90, noncurrent p90 |
| 2022-06 | 2 | charge-offs p90 |  |
| 2022-09 | 1 |  | reserve under noncurrent |
| 2022-12 | 2 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2023-03 | 1 |  | assets shrinking |
| 2023-06 | 3 | construction >100% equity, uninsured deposits leaving |  |
| 2023-09 | 0 |  | deposits shrinking, construction >100% equity, uninsured deposits leaving |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | construction >100% equity |  |
| 2024-12 | 0 |  | construction >100% equity |
| 2025-03 | 4 | capital falling, losing money, NIM <2.5%, reserve under noncurrent |  |
| 2025-06 | 4 | charge-offs p90 | NIM <2.5% |
| 2025-09 | 4 |  |  |

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

- 2022-06-10 [Community National Bank, VisionBank finalize merger - MSC News](https://news.google.com/rss/articles/CBMikgFBVV95cUxNcW5qbGRPRHozQzlHRVBoQVNGS0c5OXpfeGxfWTN1YkJTSTJLZkI4aWNQZ3kyTzRBTXJGdC1wVzNycW9leU1DTlNlOHhseGlmOGdCTURDVmhOLWhtVlVQT0tGeXZyN1pGRm1ITllEeHlDRTkwbEpOcHphRVZPRGd2aHREQWFLZmNyaVBlRkVkaXV4Zw?oc=5) · MSC News
- 2019-03-31 [Post-crisis organizers find a whole new de novo ballgame - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxNZjc1OGxMUHp0bEZPODBjMWZvTTU1WDFsNmFiWFFVWHJpS2pZbm12aDAwcDMwUEZpZWZ3RkJUUVRqYkZEcGw1QjFkNW9xSGQzQjY1bEtFT1JnbWlraVRPaHJadEVqVndYSWdUaUxvTDdxRjFOQ0ZUalppVVI1bGlyUmViTVRJbXJMNlgyUWtTYnJKU28ybmZr?oc=5) · American Banker
- 2025-02-18 [Bravera Holdings Corp. acquisition of VISIONBank moving forward - InForum](https://news.google.com/rss/articles/CBMimwFBVV95cUxNcV82Q0phSUtPNDVjcTZ6alZCOGlXdWpqNTJ3aXQ4bXU1aWRkQmRSdEl3bUlJVHFzV29JejNmM1o2eXFNX3pnTHFWTF94QzBmS3A2VWx3dVUxdVNOWUhObUpJMWdKY21LZWF1YTN0RUpNa3oxSG4yeW9qVjdlX0ZnWHZ4Tm85Z1BlaklrS3hOSHlmQU5XSlEyRmpEcw?oc=5) · InForum
- 2023-09-29 [Iowa bank exec disciplined by Federal Reserve, accused of forging USDA official's signature - The Des Moines Register](https://news.google.com/rss/articles/CBMi-AFBVV95cUxNbzV4RTRIUmJpTzBYX3hYZloxdjdyUHlzRDYzSHBPX2VKbWhmQjN4enN2ZVc0TkR2ZmJaX3pIckdoUElMYmZYYnVBTi1nY0I2NTlodzJ6REUxa2Y1NGZkd2h2Qk9KcjFwU29kYmxSdVlKOEQ2bmZ5bXdxMFFyTnJweDBpczFRUklGZjVTZ2VjYm5udEdCbDV5LVNkb1VMNzl0T0tFWVNzRVZLMzFWMEplVUtVTWNIN3NTODlsbmxOSHg3UFdfOVZOaW9zTVp1dUZGWmZLQV92cWR0QUxlMVJVZXpjSDR1emMwbTE1NUFWVWhzUmY4NzBNeQ?oc=5) · The Des Moines Register
- 2019-01-23 [Exclusive: Greater Washington is getting a new local bank - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPYXFULU41SjdUNm5veXVqRzhVdlQxdTBuVGttcnBkVVpJbzdnaXNORUlGSkNJbkNTVE5fR29yU0RyQjlMbnZNR0RWUEJkQmFCdGpmMHJELXJjSVZPMUFFcFV3dlRqUVJPU1lvT3o0aUhDVWFJX01RaVNoeWtubFMyYW9seG9YSTQybzhCV1R3V3NmMW9CTWc5VERXbGJMeUljNkU3X0VIQ21TZw?oc=5) · The Business Journals
- 2023-09-16 [Steffen Joins VISIONBank - InForum](https://news.google.com/rss/articles/CBMivgFBVV95cUxNcldhODlZQlVPNm9kcG1DN0owV0FPbU5SZWJwQmhpdFRoTXI0RS1NZ2xPRlNyQy1fejRuYVZYUXBfRl9aWUhuMkxxRkZ0YjZOTkp0UngtVkN3MktSQmhERkFOUlE0QXRwV1pwcS05bGtYQUp6R3BuMExnQ2FUNzVxTzV6NklmUmxNOWpneWkxQ1FLR3l2OFdHU2pBTU1xZUY1c21CRkl3Qi1yS2Q4aDFHek1tcEJ6cFBHUFVjNW5R?oc=5) · InForum
- 2024-08-03 [VISIONBank promotes Arends and Gronewold - InForum](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNQWlaN2xtOUc0LUl1RHVUVlc1NzJFS1Eza3M2S1B3alRnVDVlU0Z2MUZuTVZtekJ1eWFGc29WZl9RSG1iMDY0Rkk3eE13aUdpdU50dkVuZXNXY2hHSnIxUHpWV1pIWUE4Wm84MXdSRjE1UjMyX0hJYzMtbEk3RWpHWG0zN2xqVXk1ald2X0U1WTBzOXd3d1QwNDhVX05mTnVFSnpjb3ZmRjZtRDZOd1NoRWFFZHBUWUNPYmo5YVlNZjlIRjNhUFF2OXBCNHdhRVF2MmhV?oc=5) · InForum
- 2024-06-08 [Thoemke Joins VISIONBank - InForum](https://news.google.com/rss/articles/CBMivgFBVV95cUxNZU5yRmRqeGo2TUlEZWlSblBJVUhOVm53SnJOMHJfWTI4OEpVM2VBbXJZbFpYZFpHMTdvcWRuNnBoZXlaLThhaEtCUzgxYlE0NXo2LXl2QUtoYV9Ycmw0VjJteG5YQmVpOVZaVlhEc1EwSXZWS1Z4Ry1DLU5WRk90eWhiWm1RUHB1QkUwNDlIN2hPRnRPNVB5ckpGWjVxTFF2YUFsWjYzQVRZdU9JOVBMQW9BQXNlOWctaWpFMnBn?oc=5) · InForum

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57892 (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/36.json (key "57892", 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