# LEE COUNTY BANK
FORT MADISON, IA · FDIC certificate 5819 · asset band <$300M · latest filing 2023-09 · stopped filing (departed)

**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 | $253.9M | |
| Deposits | $197.2M | |
| Loans and leases | $204.9M | |
| Total equity | $38.2M | |
| Loans / deposits | 102.67% (p93 of band) | 69.44% |
| Liquid assets / assets | 10.25% (p4 of band) | |
| Uninsured deposits / deposits | 48.93% (p96 of band) | 19.29% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.11% (p71 of band) | |
| FHLB advances / assets | 7.11% | |
| Tier 1 leverage | 8.13% (p5 of band) | 11.39% |
| Unrealized securities loss / equity | -0.01% (p94 of band) | -25.32% |
| AOCI / equity | -0.05% (p66 of band) | |
| ROA (annualized) | 0.80% (p39 of band) | 0.97% |
| Net interest margin | 3.52% (p48 of band) | 3.55% |
| Efficiency ratio | 49.43% (p12 of band) | |
| Noncurrent loans | 0.46% (p63 of band) | 0.22% |
| Net charge-offs (annualized) | 0.02% (p77 of band) | |
| Reserve coverage of noncurrent | 264.04% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 3.14% (p23 of band) | |
| Auto loans | $5.7M (2.77% of loans; DQ 0.14%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -3.9% | |
| Employees | 25 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 5 | losing money, charge-offs p90 |  |
| 2011-09 | 5 |  |  |
| 2011-12 | 5 | capital falling | loans exceed deposits |
| 2012-03 | 3 |  | charge-offs p90, capital falling |
| 2012-06 | 3 | deposits shrinking | losing money |
| 2012-09 | 6 | loans exceed deposits, assets shrinking, uninsured deposits leaving |  |
| 2012-12 | 6 | noncurrent p90 | loans exceed deposits |
| 2013-03 | 6 | charge-offs p90 | uninsured deposits leaving |
| 2013-06 | 5 |  | charge-offs p90 |
| 2013-09 | 4 | charge-offs p90 | deposits shrinking, noncurrent p90 |
| 2013-12 | 3 |  | wholesale funding >15% |
| 2014-03 | 1 |  | assets shrinking, charge-offs p90 |
| 2014-06 | 2 | capital falling, assets shrinking | reserve under noncurrent |
| 2014-09 | 0 |  | capital falling, assets shrinking |
| 2014-12 | 4 | wholesale funding >15%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-03 | 2 |  | wholesale funding >15%, uninsured deposits leaving |
| 2015-06 | 1 | capital falling | deposits shrinking, assets shrinking |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 1 | loans exceed deposits |  |
| 2018-03 | 1 | charge-offs p90 | loans exceed deposits |
| 2018-06 | 3 | loans exceed deposits, capital falling |  |
| 2018-09 | 2 |  | charge-offs p90 |
| 2018-12 | 1 |  | capital falling |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | capital falling, charge-offs p90 |  |
| 2020-09 | 3 | liquid assets <10% | capital falling |
| 2020-12 | 0 |  | loans exceed deposits, charge-offs p90, liquid assets <10% |
| 2021-03 | 2 | loans exceed deposits, capital falling |  |
| 2021-06 | 1 |  | capital falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 | uninsured deposits >50% | loans exceed deposits |
| 2022-03 | 1 | loans exceed deposits | uninsured deposits >50% |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | uninsured deposits >50%, run vulnerability | loans exceed deposits |
| 2022-12 | 6 | leverage <7%, leverage <5%, capital falling, reserve under noncurrent | run vulnerability |
| 2023-03 | 3 | run vulnerability | leverage <5%, capital falling, reserve under noncurrent |
| 2023-06 | 2 | loans exceed deposits, liquid assets <10% | uninsured deposits >50%, leverage <7%, run vulnerability |
| 2023-09 | 1 |  | liquid assets <10% |

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

- 2022-06-21 [Two Rivers Financail Group to acquire Lee County Bank - Daily Gate City](https://news.google.com/rss/articles/CBMi9AFBVV95cUxQdTdNU2dSR21LZk9iZXVvNUdJbjVaY284LUdlZlhMZkozZ0lfX3RyaDhseFhQSHkyX0NfcDJ2S0xRSHBqdEpnX1Q5Vnk0QkZmTHd2ckRoZThVM3JrUjlzQUx3dWtXMFMyM0RkZXJtYVBJeC1HRXFnU3ZnelFSZzRxZElvREZWNDduRl9scXJfaWxsOExiTFR5RlYwR1A0Qk5KMWVqQ2ZJSW1XZjlNMGdBUWlvcF9TZ0VaTWNOYnh2cVJQd0Y4Q2l1OUV0MUtJUXVYd21wZzlocjlBZGk2RlFwUXRaRjdRclpGdV9xcnI3RFdSNHg2?oc=5) · Daily Gate City
- 2026-08-26 [Paula Benge Obituary (1952 - 2026) - Fort Madison, IA - Mississippi Valley Publishing - legacy.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxPckdfZUY1ZU5NeGNKN05nMzdWWjJOVDJpUm93YjZtQXVkb2ZxY2c5RlNxMFpYdS11VmpZVTZfMUhMdFl3eWMtNmZMWGZ2emE2a0lnVTB1LUNhOVAySndxMlFDZ2xNdE5XdXpQemJDRTBkb2xkR01iaDR4RXI4UlJVSWliazJsVDZFYUs3UU00Z05BYlJOeUxlbEdjQ0luMzY2R3RvTA?oc=5) · legacy.com
- 2021-08-11 [68th annual Sweet Corn Festival returns to West Point - The Des Moines Register](https://news.google.com/rss/articles/CBMiugFBVV95cUxNVHR5dkRQQ1RHTksxLXBUZ1ltZXU2SFNVSzJzSXpmYVBDQVJhNmJvTU5Nd2lNMnY1MVprUnZIUzdSZzZmNFJXQjJsdHNhX203V3kyV05CM1BLZXNoTHd6SFVlZ24tRV9zR2xDaU5ZSUlGSkU2dTlCTzVRWEJsbDBkaUxwcXBMelZhWXNGMlF1RG0tTkthQ2pzYlN2UjFJRG8tbkFJUGlkR3huN3R6QzVZWHVqeFNKRXZsNEE?oc=5) · The Des Moines Register
- 2026-08-27 [Paula J. Benge Obituary (2026) - Fort Madison, IA - King-Lynk Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE1GQzNvYVdzY0h2UzU1ZTFNT2V4V3FFcXd0bmN1Nmt5d20zR2lkTXRoX1hpMzZEYkJpNWJ1elFhYmdreTlqTDRfcHdsMW9sQ3lJaXotTmMwT2UtbTZnM0JWNlk1SFNLTWFMZkJ0ZTBGTUJ5WVA1czBxOUV5cnIzQzQ?oc=5) · legacy.com
- 2017-09-22 [Building was once an ‘exchange barn,’ but is now gone | Daily Democrat, Fort Madison, Iowa - Daily Gate City](https://news.google.com/rss/articles/CBMi8AFBVV95cUxON0hLMHJiVnFTM04xRXRYT3FYcGZ4N0NXU0RUME85bXhkNVhGSk9QdW14YTIwOF94ak5Za3BXdjdaVFlOWXFWNnFPYzhtUk02Y2dtQjZtQUdLaGxjdThOcEtwekhNQzk1R2ZWOEh0WG1aMktGaTVnYldBclFCSzJlLVcxWEpDU3FvSHVXN3pUbWFieGZVaUtOeWhYcVFfajR5dnpHSUw1VW5OZDlSV0M3Zm5tWGdvQWpHUGdBckdBOVZQQjcxQjJidzhaY0VQQjFESDdDR2lfV3FNYlpnblFrUjNPS01jYXB6Wm83UkR0RVE?oc=5) · Daily Gate City
- 2024-06-07 [Judy M. Cullen Obituary (2024) - Fort Madison, IA - King-Lynk Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE92Vkx4VVd6N3JQbEpVMnpKNTZXai1HM2ZuWk1mZE1LOU5MbWtORTZaM093MGYxajdCLWQtN0JySHl0SEdGU1poV0x3R0pnUmJBX1ZpUGpUM1hRV25vWFNfbklId2R2SWZoZHQtSTl3dklob28zcXl1WFpVUjQ5RWs?oc=5) · legacy.com
- 2020-04-30 [Alice Groene Obituary (1943 - 2020) - Fort Madison, IA - Mississippi Valley Publishing - legacy.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxOR3A0dFFnWG9nU2liR2lKVGVlUWsxdFRlVUMtNHJpZU92UWFEeWRzc1FWWnRYc0J5em5HbFd2ZG92eWQxaWlOYmt5SmhRN3REQjdMU09vbHNGQUdUc2pKSy0tRkxrS0hBVURJYjN1UVdsWEl2bEg0UXJLdDNzVXJDbmI4Z2ktSDk4eWpPaTNYV29hNzNzVXFVVWctLXBqR3dIdnNjcQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5819 (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/59.json (key "5819", 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