# PLATINUM BANK
OAKDALE, MN · FDIC certificate 58511 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $739.1M | |
| Deposits | $601.1M | |
| Loans and leases | $652.3M | |
| Total equity | $60.6M | |
| Loans / deposits | 107.07% (p95 of band) | 82.04% |
| Liquid assets / assets | 10.52% (p6 of band) | |
| Uninsured deposits / deposits | 54.30% (p97 of band) | 25.97% |
| Brokered deposits | 1.82% | |
| Wholesale funding | 12.02% (p82 of band) | |
| FHLB advances / assets | 10.20% | |
| Tier 1 leverage | 8.55% (p7 of band) | 10.81% |
| Unrealized securities loss / equity | -3.77% (p69 of band) | -8.10% |
| AOCI / equity | -0.34% (p51 of band) | |
| ROA (annualized) | 1.53% (p66 of band) | 1.28% |
| Net interest margin | 4.24% (p69 of band) | 3.91% |
| Efficiency ratio | 58.05% (p40 of band) | |
| Noncurrent loans | 0.81% (p67 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p35 of band) | |
| Reserve coverage of noncurrent | 163.05% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 45.65% (p52 of band) | |
| Auto loans | $138,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.1% | |
| Employees | 90 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **uninsured deposits >50%** (`liq_uninsured`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 2 | capital falling, reserve under noncurrent |  |
| 2012-06 | 1 |  | reserve under noncurrent |
| 2012-09 | 2 | reserve under noncurrent |  |
| 2012-12 | 0 |  | capital falling, reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 2 | deposits shrinking, assets shrinking |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 | capital falling | deposits shrinking, assets shrinking |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 2 | uninsured deposits >50%, reserve under noncurrent |  |
| 2015-09 | 2 | capital falling | reserve under noncurrent |
| 2015-12 | 3 | run vulnerability, reserve under noncurrent | capital falling |
| 2016-03 | 3 |  |  |
| 2016-06 | 5 | loans exceed deposits, deposits shrinking, assets shrinking, uninsured deposits leaving | uninsured deposits >50%, run vulnerability |
| 2016-09 | 1 |  | loans exceed deposits, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-12 | 6 | uninsured deposits >50%, capital falling, run vulnerability, noncurrent p90, charge-offs p90 |  |
| 2017-03 | 1 |  | reserve under noncurrent, uninsured deposits >50%, capital falling, run vulnerability, noncurrent p90 |
| 2017-06 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2017-09 | 4 | uninsured deposits >50%, capital falling, run vulnerability | charge-offs p90, loans exceed deposits |
| 2017-12 | 5 | loans exceed deposits, charge-offs p90 | wholesale funding >15% |
| 2018-03 | 4 | wholesale funding >15% | capital falling, charge-offs p90 |
| 2018-06 | 4 |  |  |
| 2018-09 | 4 | capital falling | wholesale funding >15% |
| 2018-12 | 3 |  | capital falling |
| 2019-03 | 1 |  | uninsured deposits >50%, run vulnerability |
| 2019-06 | 3 | uninsured deposits >50%, run vulnerability, reserve under noncurrent | loans exceed deposits |
| 2019-09 | 3 | charge-offs p90 | reserve under noncurrent |
| 2019-12 | 3 | capital falling | charge-offs p90 |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | run vulnerability |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | charge-offs p90 |  |
| 2022-03 | 1 |  | charge-offs p90 |
| 2022-06 | 2 | run vulnerability |  |
| 2022-09 | 3 | deposits shrinking |  |
| 2022-12 | 7 | loans exceed deposits, charge-offs p90, assets shrinking, uninsured deposits leaving |  |
| 2023-03 | 4 |  | charge-offs p90, assets shrinking, uninsured deposits leaving |
| 2023-06 | 7 | wholesale funding >15%, charge-offs p90, uninsured deposits leaving |  |
| 2023-09 | 6 | capital falling, noncurrent p90, reserve under noncurrent | deposits shrinking, wholesale funding >15%, charge-offs p90, uninsured deposits leaving |
| 2023-12 | 6 | wholesale funding >15% | noncurrent p90 |
| 2024-03 | 7 | noncurrent p90 |  |
| 2024-06 | 6 |  | noncurrent p90 |
| 2024-09 | 4 |  | loans exceed deposits, wholesale funding >15% |
| 2024-12 | 3 | loans exceed deposits | capital falling, reserve under noncurrent |
| 2025-03 | 5 | wholesale funding >15%, charge-offs p90 |  |
| 2025-06 | 7 | brokered >10%, noncurrent p90, reserve under noncurrent | charge-offs p90 |
| 2025-09 | 6 | capital falling, charge-offs p90 | brokered >10%, noncurrent p90, reserve under noncurrent |
| 2025-12 | 6 | liquid assets <10% | wholesale funding >15% |
| 2026-03 | 5 | wholesale funding >15% | capital falling, charge-offs p90 |
| 2026-06 | 3 |  | liquid assets <10%, wholesale funding >15% |

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

- 2025-12-19 [Nicole Sever named Platinum Bank president as Dave Faust shifts to vice chair role - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxQdnJUN2VZS2kxdEd5dWp1cWNWcVoweVQwRzNyTmJSZk9UUmwxTkJYanpVbFJtUUZRaEZGTXNGY2gtVmFBcHVzVmdTdGhQam1jVDRHQTNUWFpJT1dEek4yMnNoQnF2Zzd3OTJGak1lV0FEazhDcjF2eXpscFFwMldRcGpnZHZvdWF2UldSV2ZVdjZjV2M0VG5TVFIyNmNydUh0cFpPRDlmbnhXeVRN?oc=5) · The Business Journals
- 2025-01-27 [Platinum Bank Projects Active Franchise Segment in 2025 - franchisetimes.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOM2hza3JXWWtwbGFLdFVjVzJtTDk2aUlTODZmTDZLZmlfVnotUUdhNTJ2VnRxenJXX1dSWlFWSmRqNFoyVHI5MlcxekxKNE5hWGNjaUhYSnNkRE9kbG1Rbk16dTFLMTV3MmRhX3NvcUE4OVJ0aEZ0RnV4MWh0MFNHd1ZYLWVNdjY4cnlBdTNQc19OLXc4WERNNXpyNU1DZW1VM3BHdnlxVFpoWkFTeDhiS0VxUUhvMVNHZl96djFjWDY5c0VrNkVwLXdvM25SWDZ1ek90VU1ySFFmbXVVREY3bWJOUDI4YUktYVE?oc=5) · franchisetimes.com
- 2025-12-19 [Table of Experts: How business leaders in the Twin Cities are rethinking right-sizing - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxQQkRJR2lMR1B1d0ZfajZMdUNIYzNOcGpTYXhPT19YemlwQVZldUJZbW5ndEZQamlHRXBOVUtjN0hyazlmLVdVamtQbmZ0eEoxYlVsLUJOYTBMc1dUMDQ4c0prelJyTTJvWTFUOENQOUxzQVk3WWRHWnlvNmMyWk91VUhQVElPb1V0a095NFltZjE0MTBkU0xVRzRFOFVfVEloZUw4?oc=5) · The Business Journals
- 2022-03-31 [How Platinum Bank Achieved Digital Transformation in Just Six Months - American Banker](https://news.google.com/rss/articles/CBMixAFBVV95cUxQZDZMSlNYTHJ2VVdxam11UGh1c1o1RkFJR0FkYUpHUVNQXzVIUXpFRlJTMzQzYWlGd2lxeXBQakdvak5uLVQ1UV9uai0wY254UGRrN0xmMENkVGFNeXpWZXB3Vi1RMzYzVG1YTGJaMDMwcVlaajM1d0V6cGl1TUJJajFESHg3QmZHSTN3UjRmTHpOQUI1aE1GVENUSnQxaXhyczgyQWlLRjBJN2JDeHBtYUJzSmtWR0R0ZTlCdDlFeGxTSDN1?oc=5) · American Banker
- 2025-10-23 [Fast 50: Business bank ranks 15th on The List - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxQT2NEaGJYWEJFR1JsdkJQSU4yYnNJcXJhcXhVSFVFMHM2dnNJNE8zM2U2czlRSGQ1WVpRc0J4eWR5dTRkOTNVV0tIYXRfV2NNSHhyWGd0QWxNb3JPUTJBekxtdFVsLWJBQkJDLXg3dmVPM0ZhdHUyQTh6QlRMMHJJaVFIN1J5UFRHdmMxRkFBcUVkZTBOUExLeFBEX1I?oc=5) · The Business Journals
- 2024-10-18 [Minnesota’s green frontier: Navigating cannabis legalization - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNOVhjYVgwRk04aXM0VDgyUV9WM1VKcWc0OG5PWWticUp5VUFOREFhTUlkTEcwREZOX3ZSUTdCaDlTME9NT01IVFVIUVVFNm96QV9ranlKTnBkOEVoM29VdmkwX21CMkJXX190MVR2U2E4MDc1S1JlejFiOHN6VG4yci1aWmlTaTM4QjJtNlhyczRDaFVTVDE4ckRZZUQ3MjdYREJGSHdCbURoZw?oc=5) · The Business Journals
- 2025-07-24 [Platinum Bank sues to foreclose on Warehouse District building - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPTnZHQTJLTXRnNU5zZHlnMlJlREhQYVlwb29aN3JaT1o2MGRaMnc4eGVIWG9LOGFPTXE1c3JqbXg0cGJMOGFmcGNnSTNiUVI0RUJEeGpPcHM1T2VuX0JSN2JKMXY1ajJKbDZ5VjlRb0xuWEVVQTBRM19SYmVpNXp5cURQbTFlOGFQMXYySWNCS09PdXJNalpUelIzbFk1ZTNwcDR2UmRJZ1o0S00?oc=5) · The Business Journals
- 2022-10-14 [Adapting to changing workplace and business conditions will help Minnesota business succeed, CEOs say - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxOczJEM3BsT2txekxHd1p3cUF4Rl9Say1WRW5tTXBvQkV5Qy0zczk3b0NlNFJfYjVoMndYSDlmcHp6Z1NidnhWdmx6bHAzdXMwMGgzYWx5VXQyUjJucWU3UnFJMmtWUjZJT1pLamlGQU9ia1p2eThUOHYyb19yUmNTaVM5eWRQYzB3SUZqelJGcGsxUmlMV1U3eC1CTU1uMkZmSFN1TA?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58511 (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/15.json (key "58511", 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