# TURTLE MOUNTAIN STATE BANK
BELCOURT, ND · FDIC certificate 58586 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $114.1M | |
| Deposits | $99.8M | |
| Loans and leases | $40.9M | |
| Total equity | $14.0M | |
| Loans / deposits | 40.56% (p12 of band) | 73.59% |
| Liquid assets / assets | 63.69% (p90 of band) | |
| Uninsured deposits / deposits | 76.35% (p100 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.85% (p62 of band) | 11.76% |
| Unrealized securities loss / equity | -3.33% (p64 of band) | -6.57% |
| AOCI / equity | -1.37% (p20 of band) | |
| ROA (annualized) | 2.33% (p92 of band) | 1.17% |
| Net interest margin | 4.31% (p68 of band) | 3.93% |
| Efficiency ratio | 47.99% (p11 of band) | |
| Noncurrent loans | 1.75% (p82 of band) | 0.36% |
| Net charge-offs (annualized) | 0.08% (p84 of band) | |
| Reserve coverage of noncurrent | 64.85% | |
| Real estate % of loans | 29% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $1.9M (4.73% of loans; DQ 0.21%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -16.2% | |
| Employees | 17 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **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 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | uninsured deposits leaving |  |
| 2014-09 | 1 | capital falling | uninsured deposits leaving |
| 2014-12 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2015-03 | 2 |  | capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 5 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 5 | uninsured deposits leaving | charge-offs p90 |
| 2016-06 | 5 | losing money, charge-offs p90 | deposits shrinking, assets shrinking |
| 2016-09 | 7 | deposits shrinking, assets shrinking |  |
| 2016-12 | 5 |  | deposits shrinking, assets shrinking |
| 2017-03 | 3 |  | uninsured deposits leaving, losing money |
| 2017-06 | 4 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | capital falling |  |
| 2018-03 | 2 |  | deposits shrinking, assets shrinking, capital falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | capital falling |  |
| 2018-12 | 4 | uninsured deposits >50% |  |
| 2019-03 | 2 |  | capital falling, uninsured deposits >50% |
| 2019-06 | 3 | charge-offs p90 |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 | uninsured deposits >50% | charge-offs p90 |
| 2020-03 | 4 | charge-offs p90 |  |
| 2020-06 | 5 | NIM <2.5% |  |
| 2020-09 | 6 | capital falling |  |
| 2020-12 | 5 |  | noncurrent p90 |
| 2021-03 | 4 | leverage <7% | reserve under noncurrent, charge-offs p90 |
| 2021-06 | 3 |  | capital falling |
| 2021-09 | 2 |  | leverage <7% |
| 2021-12 | 2 |  |  |
| 2022-03 | 4 | leverage <7%, reserve under noncurrent |  |
| 2022-06 | 3 |  | reserve under noncurrent |
| 2022-09 | 7 | AOCI drag >20% of equity, reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving | leverage <7% |
| 2022-12 | 6 |  | AOCI drag >20% of equity |
| 2023-03 | 4 |  | NIM <2.5%, reserve under noncurrent |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | uninsured deposits leaving |
| 2024-03 | 6 | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2024-06 | 5 | capital falling | noncurrent p90, uninsured deposits leaving |
| 2024-09 | 3 |  | assets shrinking, capital falling |
| 2024-12 | 4 | assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2025-03 | 3 |  | uninsured deposits leaving |
| 2025-06 | 4 | capital falling |  |
| 2025-09 | 4 | uninsured deposits leaving | capital falling |
| 2025-12 | 3 |  | uninsured deposits leaving |
| 2026-03 | 4 | uninsured deposits leaving |  |
| 2026-06 | 4 | reserve under noncurrent | uninsured deposits leaving |

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

- 2020-11-18 [Native American-Owned Banks by State - Investopedia](https://news.google.com/rss/articles/CBMifkFVX3lxTE9MQVNiajFseGo2LW5UQVNLbzVEbHdCM1Jlekl3TDI0MnZuTWNuRDhMc1h6Nnc1STA4NU1jUnlFLXJ4NEs4Nm5pdG05UC1JYUhZRVljcnl0a1YyWUVnZzhQNkRSOXU2TVQwTmJRbWwwOUNkQ01EOE9SaDBzNTR1dw?oc=5) · Investopedia
- 2024-06-18 [Native American-Owned Banks and Credit Unions - NerdWallet](https://news.google.com/rss/articles/CBMiowFBVV95cUxOVkpYMnRXLXVURmF4UFZIMEZkWHBWYl9HZ25QZDREeXEyczZ5di1fYVVfSy03ck9FdTJRZWhrQk1UOUJSelh4Vkc4b0tPdzlmQWlzRm5wc1ZGMk93ekV6eE1YbVJvaC1GZ0Y3V3hNbDk4M2hHZzFOWVZLYVQtNUQwblV2UjlWTk5WRi13OEtzNFIzMVNrdXI3RUNQbTItMk9RTmJr?oc=5) · NerdWallet
- 2022-01-22 [Flea Market Makeover - The Dakotan](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1TNDlFZGxIdFNkNTVYQWRMWjU1ZlBTVlZGVHRWVW9fUHZxNFExMnItVER3U2gxX3NweDg1QXhKTUVHTzVZNUQ3S084R3ZZcFdhZE9zOWtRbmt2Ql8yUFR0WA?oc=5) · The Dakotan
- 2024-06-05 [William Delmore Obituary (1948 - 2024) - Bismarck, ND - The Bismarck Tribune - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxNbFEwQTZLX1FyaXNOb2FzM3ZIOWFoZVRpYjFhQjNoaFhSU1pMQ0x2NUw1ZTRjQnlJeFE4QURxbDlfTHF2ck1GRkJ0MGhTc0s4dDJKUG1WWlU0R1RjQUtGS3QzYmR3Z21DVjl1ODExbzBUY1ZleTlSOWZmT2RoVkdESG9HZzZDYUZfRklrMExWWndIZ1JOVDZjWU1R?oc=5) · legacy.com
- 2018-08-16 [Native American Ag Fund from Keepseagle case launched - The Fence Post](https://news.google.com/rss/articles/CBMikgFBVV95cUxQc1BHaWFVaWEwODBlREp5NXYtdENKMXJVMHQwNE93UzhmcHlkUDJJODdJMHgxMTlOSEREeDQyc2RIVGpfdDl5dDRlYWF5LU4zY2FVY1RMeGVpV2dxVDlTTWlQWW1QcFdKVnVMOW5pZmp2cDhSTGMzNV9LU25UdUR5MlRzS3ZkN3lseENwWm5fcmJpUQ?oc=5) · The Fence Post

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58586 (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/26.json (key "58586", 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