# LOUISA COMMUNITY BANK
LOUISA, KY · FDIC certificate 58112 · asset band <$300M · latest filing 2019-09 · 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 | $28.2M | |
| Deposits | $25.2M | |
| Loans and leases | $21.2M | |
| Total equity | $1.1M | |
| Loans / deposits | 81.43% (p57 of band) | 77.79% |
| Liquid assets / assets | 17.92% (p19 of band) | |
| Uninsured deposits / deposits | 11.56% (p31 of band) | 15.94% |
| Brokered deposits | 9.16% | |
| Wholesale funding | 15.34% (p92 of band) | |
| FHLB advances / assets | 6.18% | |
| Tier 1 leverage | 1.18% (p0 of band) | 11.56% |
| Unrealized securities loss / equity | -0.45% (p6 of band) | 0.80% |
| AOCI / equity | 0.99% (p33 of band) | |
| ROA (annualized) | -6.43% (p0 of band) | 1.05% |
| Net interest margin | 2.94% (p11 of band) | 3.84% |
| Efficiency ratio | 226.87% (p99 of band) | |
| Noncurrent loans | 11.90% (p100 of band) | 0.56% |
| Net charge-offs (annualized) | 1.17% (p99 of band) | |
| Reserve coverage of noncurrent | 28.02% | |
| Real estate % of loans | 69% | |
| Construction % of loans | 88.99% (p93 of band) | |
| Auto loans | $162,000 (0.76% of loans; DQ 32.72%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -11.3% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)
- **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`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, charge-offs p90 |  |
| 2011-06 | 4 | brokered >10% |  |
| 2011-09 | 4 | capital falling | charge-offs p90 |
| 2011-12 | 5 | reserve under noncurrent |  |
| 2012-03 | 4 |  | loans exceed deposits |
| 2012-06 | 4 | uninsured deposits leaving | capital falling |
| 2012-09 | 4 | charge-offs p90 | wholesale funding >15% |
| 2012-12 | 2 |  | uninsured deposits leaving, charge-offs p90 |
| 2013-03 | 5 | capital falling, losing money, charge-offs p90 |  |
| 2013-06 | 2 |  | brokered >10%, capital falling, losing money |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 | brokered >10% | reserve under noncurrent |
| 2014-03 | 1 |  | charge-offs p90 |
| 2014-06 | 1 |  |  |
| 2014-09 | 4 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 5 | charge-offs p90 |  |
| 2015-06 | 5 | capital falling | reserve under noncurrent |
| 2015-09 | 3 | reserve under noncurrent | brokered >10%, charge-offs p90, capital falling |
| 2015-12 | 6 | liquid assets <10%, losing money, expense ratio p90, noncurrent p90 | wholesale funding >15% |
| 2016-03 | 7 | uninsured deposits leaving |  |
| 2016-06 | 6 | charge-offs p90 | liquid assets <10%, uninsured deposits leaving |
| 2016-09 | 7 | capital falling |  |
| 2016-12 | 7 | liquid assets <10% | charge-offs p90 |
| 2017-03 | 8 | charge-offs p90 |  |
| 2017-06 | 9 | construction >100% equity |  |
| 2017-09 | 9 |  |  |
| 2017-12 | 11 | brokered >10%, wholesale funding >15% |  |
| 2018-03 | 10 |  | charge-offs p90 |
| 2018-06 | 8 | charge-offs p90, assets shrinking | loans exceed deposits, liquid assets <10%, brokered >10%, wholesale funding >15% |
| 2018-09 | 8 | deposits shrinking | construction >100% equity |
| 2018-12 | 9 | leverage <7% |  |
| 2019-03 | 11 | leverage <5% |  |
| 2019-06 | 11 |  |  |
| 2019-09 | 12 | wholesale funding >15% |  |

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

- 2019-10-27 [Local bank chain takes over failing Louisa bank - WSAZ](https://news.google.com/rss/articles/CBMinAFBVV95cUxNdlpVOE1rQmp2a0l1QTRxT1lMNjg0dXRnS3lob25LTWxoV3dmOUdhSWIzZ3pVRUo2cFJhNkN5b1JVVzFTVnBwblE5dDR0SmtzSV9zdzJqN05SM3lua0g4TVNEa0dpZDZwMkF1a3VmUUZDc0JFUDVhOEVRazBjNDhiVGg4bGZDdlRQSU5ZQ0h0bDdYbnkwSjZFSkpkb2PSAbABQVVfeXFMTnA1V3M1VjcyWnBYcU1GQkI5Ym03bWpiOGQ1bHYtRGFDSWFuYjg2ai1heGs1djJrOWh3cGh6ZHhVcHk5bU94VG5VYlVvYTN1OHdXcXJndTFNVXV0NVMtVXBtTkNVb2xwLXRUOTVXX2k5SmVJTmZnNHlVdnkyWEpReUdmbHN4MTRDODZLeTNmV21iVVU2Z0x1TjJYYXhuT1RQbXBCam5DUm9XYVhDTGd6bjY?oc=5) · WSAZ
- 2019-10-25 [DFI takes possession of Louisa Community Bank - The Lane Report](https://news.google.com/rss/articles/CBMikgFBVV95cUxORHE1c1QtLUVsVkNNaVNqMko5NG9PWWtvQ3JnVzFQZ2MwLW1KdDVZTWRoZUdlalQ3OXZLR05zd29ST3lwRFdZcVlJMXg1SzFidnJhcWdUWGtUNWp2cUpYeVhEZTk4WU5ZV2d5T3dhTUpiTFdDUXE2elJsb3ZlYlZrQXZsdWtkSWd1cHRkODJCM1RvZw?oc=5) · The Lane Report
- 2019-10-25 [Regulators shutter banks in Kentucky and Ohio - American Banker](https://news.google.com/rss/articles/CBMifkFVX3lxTE9aSW5BcE45OGo1c0dKbE40YW9ITzBaaWJpTUVsMVI1R1JkbERoRzdDclhtUkNtRTc2VXlmSG5qUmNEMXF6dUF0OUxoeUdYSEdjUUZUdEZMelRvRjl0d2R1SjAyNEpoVWtyLU5uaS1GaDBIdlBiQi1QTHJTOXhiUQ?oc=5) · American Banker
- 2019-11-04 [OCC shutters NJ bank, marking 3rd failure in a week - Banking Dive](https://news.google.com/rss/articles/CBMilgFBVV95cUxOUmlHa3QzRTJpYWdVODFHc2dfUEFkRjJ6M0VPdWpLT3M3bHJMekdXdFVXcHQwRnh0b3ZYSnBzNDJabDB2LUpjdk8tY2l2czBNMjJjR2U2NnNvYkM5SXpKNkowTktIT1U4N2hGdU9zZU5udWlTemNsZ3ktdi0wajY5aG9hSm1NaG9IQzNHU05VWUhVOGlKV0E?oc=5) · Banking Dive
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2019-10-28 [Kentucky Farmers Bank opens in Louisa - The Daily Independent](https://news.google.com/rss/articles/CBMiwwFBVV95cUxON2dIYVFGQ2MzcEJxQXYzcFZDenRLQlFNazVKUDJrUnVjUjRZUFZRS21YMFVGLXFHYm1OYlRPdVpRVlVJaDZsTHROdmlVb1c4QVVXSGtZMklobHRjUHhnRjRybndaRWpCbFg1eUJkOWd5Y1FLOWY0SzJ0TVZPbktDeVBINkVpQlA1V05CMFdtODFRV05RS3dNTTRFNHJJeENNVUUwZlFTaDRHcFFQWC0zTDRNdHJieERwRk9NTDNSTGsyV1E?oc=5) · The Daily Independent
- 2022-10-22 [Three US banks have gone bust in recent weeks, after a failure-free 2018 - qz.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPVzNBTFF3VmM1Ry14VXFGdlJxdE5KcU5VZklXSGFNMEV1Zk9saTVlVmMwekEwWS1Hdl9QRHdITzNLQ09tOTJIWFh4UFRLUjZ5OU5INHljLTFvWUJsM0hmNzlseWZ0bkhsMy1ST05nUS1YOEZMRXhEaWk2dVAyWkJwYTgyemVUWVAxWVEwSmVVT2c?oc=5) · qz.com
- 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

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58112 (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/0.json (key "58112", 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