# THINK MUTUAL BANK
ROCHESTER, MN · FDIC certificate 58536 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $2.23B | |
| Deposits | $1.86B | |
| Loans and leases | $1.21B | |
| Total equity | $343.4M | |
| Loans / deposits | 64.83% (p11 of band) | 87.10% |
| Liquid assets / assets | 40.69% (p90 of band) | |
| Uninsured deposits / deposits | 5.84% (p2 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.25% (p95 of band) | 10.50% |
| Unrealized securities loss / equity | -11.56% (p37 of band) | -7.75% |
| AOCI / equity | -0.64% (p29 of band) | |
| ROA (annualized) | 0.63% (p12 of band) | 1.26% |
| Net interest margin | 2.85% (p11 of band) | 3.70% |
| Efficiency ratio | 75.72% (p89 of band) | |
| Noncurrent loans | 0.25% (p28 of band) | 0.51% |
| Net charge-offs (annualized) | 0.03% (p51 of band) | |
| Reserve coverage of noncurrent | 213.46% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 5.56% (p8 of band) | |
| Auto loans | $114.0M (9.41% of loans; DQ 0.29%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 4.7% | |
| Employees | 265 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | reserve under noncurrent |
| 2015-06 | 1 | reserve under noncurrent |  |
| 2015-09 | 0 |  | reserve under noncurrent |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | expense ratio p90 |  |
| 2020-06 | 1 | capital falling | expense ratio p90 |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | capital falling, NIM <2.5% |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-12 | 3 |  |  |
| 2023-03 | 0 |  | NIM <2.5%, AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 4 | securities losses >30% of equity |  |
| 2023-12 | 3 |  | securities losses >30% of equity |
| 2024-03 | 2 | NIM <2.5% | assets shrinking, uninsured deposits leaving |
| 2024-06 | 1 |  | deposits shrinking |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | NIM <2.5% |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | capital falling |  |
| 2025-09 | 0 |  | capital falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 1 | capital falling |  |

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

- 2024-06-07 [Tonya Burns joins Think Bank as a business advisor - Post Bulletin](https://news.google.com/rss/articles/CBMikgFBVV95cUxNUFBISTBxaUtsVU5qYWRLY09oNjRLOXNIR1pfdW9ibWFXRW4zQy1QM2tTRnAwNlJ6Q1ktVjBlRHNXbTh5M3lyRUJPWUtrcF9feUUxdzV4YTk5eVRwb29vbG5XczRLR0JoYTFDU3hDRmxGQWsteVYtdmpaanh1ZU0zQzM1T254Zk9lOHQxQVZLU0RoQQ?oc=5) · Post Bulletin
- 2015-07-13 [Bank of America plans ‘flagship location’ in Edina - Finance & Commerce](https://news.google.com/rss/articles/CBMijwFBVV95cUxNZ2tPNEJ5a01ZOTNIUHh2VHpOejR1ekdZY3lCTVFfUEI1YjVzbE91eVZfQVFJOWt2VXlMMDdUbnk1cXRkR0tQR1VXNkJGVjlVQUlZRUxCdWx0ZVp6MkhjSXBsbjlpdnNRQ3FienlNSE5JbXJlQU83bEhHMmczYnQxQks3akVxS3g2QUh4WUZNcw?oc=5) · Finance &amp; Commerce
- 2019-11-18 [Think again: Bank tweaks its name - Post Bulletin](https://news.google.com/rss/articles/CBMifEFVX3lxTE02SktUVjJ4WGVTN1ZlNkdmQjBhQmhpVW1hbEowZ2I0cDVPUFRzYm5HLU5wSWV2TnNWbnJSbVdhT0V3LTl3T1N2V2hqTzV4U0htYjRyODNtT2UtNDQ0TnUwVlVMU0lGUTFEUTd5UHpESFBPTGJJQ0RKMTRTanU?oc=5) · Post Bulletin
- 2017-10-18 [Business Buzz for the week of Oct. 6 - hometownsource.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNWTh0SlpwWVFPd0xyRUl3SzRhSFQwdldIYTMtaWotWXlmeVZiaWlsQmNwQ0FfY2Q3TXcyQ3Q4ZjBsWTRveXpmZEJRUlI2ZWU0R0R6RGRycEZqS3BoMktyRFlRUjhkVFJUbkh1eVhTS3phbGhUclA1dmIzTW1iTjM0c1ZJamIydzlfU1NoY2FqMWtUXzZVVU1Ga0ZFNTEzYVd4TnVpaHdWSmF5UGc4V2laOTZGc0ZCaW5GUkg0WjlEVUFicVFaUTFXTTF5dElhS1F6Z09ncURtTHZ3bGc?oc=5) · hometownsource.com
- 2022-10-08 [Harold B. “Stu” Stewart - Brainerd Dispatch](https://news.google.com/rss/articles/CBMivAFBVV95cUxPZ3RiSkdERlJlUEI1d0lSSU1DT1VJZUpZMDJ0bEQxSXB2SEJBRXJGa0NRVXJtYXpldVJCNWlMN09tcXFSUTJNUkM0QWhSSWU5X0FMOUktajFRLWNPdVotMHNDWHVXZXkyUzRxcTVCQW9qZmFvV2FkUlR2UGN6OGsyWUdxWFNCMFAzZ1pWQ3ZqRzlKWUU2RWVoQ2pFYTFDb1I4Q0lPT3VoWk5yOEZ4S1lrUWtLNGh5YklNN2YzNg?oc=5) · Brainerd Dispatch
- 2014-07-20 [Business people - startribune.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5rZlkyejB4S21jeXRXVWtaQ01aNTNJWUdwNnlBbzZqLURXbXpmLTBmLTN4RWpfWWQ5bXZGSERERUF6cEtBeDJod3E5Ry1NTXhZR213aWN1bm5oM3NhQVRKanZSVQ?oc=5) · startribune.com
- 2025-02-11 [Think Bank adds local banking vet Greg Layton to its Rochester team - Post Bulletin](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPSnJZLXc4RU5mWnhuUzBKdWljSkdKLWIxSVZTQXNzZjBXTlUwMXZyQ1VkejQzdW1yc3R6OXhNQTBseXBPWHItem9GMGIxLUF3MlFyQ1JGa0M2SzlLWXM3aTdrZkVhVXJhWWV4WjIyQXp5X25MTmVKUnE0SS03TDd1VXI4QzhmWXp1cVFaYVdjNDF1NExETHN2MExVeXkyNndGNkhUbnpTc1M?oc=5) · Post Bulletin
- 2026-01-15 [Think Bank continues to grow its team with hiring of Mike Schletty - Post Bulletin](https://news.google.com/rss/articles/CBMipwFBVV95cUxNdFMydml1NlYydlNXeEU0ZkZWRHFybzdLYUtJQjkyWWZ6aE1lQ3JNcmxPT3hBWnljOVVIZXdzTFFQdkpHTlJodlVxSWMxbkthaVMzY3ZSZEl5UzEwV0ozRzE4VnR1aGRoVW1mSjdUeVA0anpUR21iMXZmT0M1dk0tV0d0c1BtQXZhSkhUdUZaT3hiTjFKaGdBMmVDNVlwaExGOExFNU03NA?oc=5) · Post Bulletin

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58536 (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/40.json (key "58536", 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