# RELIANCE BANK
FARIBAULT, MN · FDIC certificate 58602 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $334.1M | |
| Deposits | $281.6M | |
| Loans and leases | $244.9M | |
| Total equity | $28.5M | |
| Loans / deposits | 85.84% (p61 of band) | 82.04% |
| Liquid assets / assets | 25.16% (p51 of band) | |
| Uninsured deposits / deposits | 26.26% (p52 of band) | 25.97% |
| Brokered deposits | 13.57% | |
| Wholesale funding | 19.89% (p93 of band) | |
| FHLB advances / assets | 6.32% | |
| Tier 1 leverage | 8.98% (p12 of band) | 10.81% |
| Unrealized securities loss / equity | -5.14% (p62 of band) | -8.10% |
| AOCI / equity | -1.95% (p8 of band) | |
| ROA (annualized) | 0.84% (p24 of band) | 1.28% |
| Net interest margin | 3.88% (p48 of band) | 3.91% |
| Efficiency ratio | 73.15% (p80 of band) | |
| Noncurrent loans | 0.25% (p37 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p54 of band) | |
| Reserve coverage of noncurrent | 501.61% | |
| Real estate % of loans | 49% | |
| Construction % of loans | 38.88% (p46 of band) | |
| Auto loans | $2.5M (1.00% of loans; DQ 0.00%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.4% | |
| Employees | 41 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

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

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

- 2025-12-10 [Reliance Bank President Todd Markman retires, leaving lasting imprint on Faribault - southernminn.com](https://news.google.com/rss/articles/CBMilAJBVV95cUxQTmhnNV82VjhQOXc2U293Ylg3akhyS3FnYlRGX2sxSFdDUFRFQlNRcFZieFRhZlFQMzNxaFhCX3ZpTERaMHEtbE1LbWE3enZ3bXJtZmcxS2twNkFmVjFZaTlsOHlNUTVzV2FoZzBkN3ctc1VBWkhlYk1IaTI5VEkzdmlOYl90ZUV6OEY1ZDF2VWtQUDZpc1RERlQ2WF82TzBjb3dmeVh1aDgzVmdYVEVOeGxyWmlfbi1UTXdXSWNPTDg1cWdwSWRGZG8tSkd1V1BsRmd2bnF3WXN6Z0JUUVQtWkFFajE0Q2F1emU4WTZRUGIzSzRmX3U1cTNiTXdoRTRKRWJQOER1SXVPT3ltWjVLdTYwTGU?oc=5) · southernminn.com
- 2026-07-17 [IT powers Indian shares to weekly gains; Reliance, bank earnings eyed - Reuters](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPbGF0TVI5MFFQVjZIYVVVZHQyMU5tUWlJLTFUZ2lwNVhwV0F5bVg5UUJLN2o3UTZiRFotcS0xVUUtX0dQRVN2d2lZZ1B2a1A4SW85aXcyV2VveW5leEdZUXJvZXplV0lTX1FzU3BBaHJacG1UNGNWbnFlUlpLY1BFaHctQVhSWkZuS05WZUpBSHNMUFR6czJid3liTU1ZOUFCNFpwMFdRXzI4dw?oc=5) · Reuters
- 2022-05-13 [Reliance Bank named Faribault Business of the Year | News - southernminn.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxOd3NjaXJyeWdvTXJXdks2bGZXd1d5UlVXVW9fNTJrODJMazM2dmZ6bkJ4cE9hV2VScHd1b3p4V0pVX1d2bWVYN0lndHhsbklOOHlMd1M2cGdwTTVxOWpNb3ViakhscTZtRVFOU3FqbVF3NWlxV0ZZY0x5Z1ZuQWpGMTFadkJvdGhSYUQ3LTB4TzlJME5uaHEwNG52NHpOdXMxa2JyVW8wR3RibzNoMzZLekFWV28tWl9XdGVxeWdfUElqMU1XSmdBOWZlZFN2TGJiU3VFb09VU2hZMTcyeXhLNDBDdTNLZzh5Qzhv?oc=5) · southernminn.com
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - androidpolice.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · androidpolice.com
- 2023-02-03 [More bilingual staff at Reliance Bank - southernminn.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxOLXZnVkFhdHFuaWtodjdhVFk0MmVqVEdseFRSWVpTbWNXOXAwMElycGxwb1JubjlJQkIxMUpxU0szdXlldE5GM1FIVk5Cb2tZNkU4WnozRnBGOWxVdnFFeTZ6VjRzT2wwQ0E5OEhXZ0RhX09meHdXdjA2RktnWEZoeHFDYzVpaHZoNmxLbkctX25XbS1CR0QxNUVreHV6bjJkeHZ4YzNmMFc5T3huZWRfUUljdS1CTGJVYmMzcTVCZmxCNW02a3ViY3pn?oc=5) · southernminn.com
- 2021-09-20 [Reliance Bank Secures New CEO - southernminn.com](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOczhvRTV4dDlvZmRQZXRwdHc4dVFhUVFGaXVNWndHZDBUNExwV0NaNFNSZEtHb2hhMF91cjFuUXJsNWNGX1hWT3ZhVC0xRlU4OFNwN3JLV04wUm1ianJLWjA3RUdxM0dLUGhDX2J2bEVpdzl6NDAzVzA1T0s2UXBMQ3hfanNvVUk1Q1NHOEVCX3ZTSExkdy0tSjJIdTRyVkZwVWRnQzNxM3RrVS1ZU1NfWFpmRmZqbFdIMV92UVBYdXlZYU1ZRWRNcE82cG83dzdHR2FhNVBn?oc=5) · southernminn.com
- 2023-11-13 [Reliance Bank names new executive - southernminn.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNWFo3OHJuRUJIR0ZINXJBTDNRN3IyTDBJRlF5cTNlM3F4NUVMR2NFbi1xUk9lTkJVa1dmNVVZVG15ZldaZTBpSG96cll3dndLM1pvRW5ydkoxWnA0bUtwQUVLTWctUWtucG10emhjQnVFNWVEY2ZBVlJNVmVWdGNpODVzdk5yWEJ0S3RhSXlkWXUzV05sSktxdHd2QU9yOGFYd052RFdwSE0xNHlxcEVSS1JOZ2Vrd3huM0VhUENYUFNnRGNhUmR0SHVEaDlNNmFZcXQyXzE0Rk0tUlE?oc=5) · southernminn.com
- 2012-04-30 [Reliance Bank of Faribault welcomes DeMars - southernminn.com](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQTTFCMUNCR0Jvd2UxWmlVTVU5b2c2eVFPRTRETHU0OHpyZnVDclByQUN3ZUJ4cFFYYUNEUFRBR1lVVWpNMXk3aUZLc0FOMXVOQWNUZlVsV0tGMEVVVDBBWlZOX25PR05ST1BwZ3hpWW1VR2Z4d2ZocHdsZ2F6QUJ1NEFkUTItZXBWdEl1cUlXemplZHZ6ZEM2WTZUNEtUYm9NTFN3MngwbVUxQXBBRzUyejNXVl9saWdwRjNkdDhZYzg1WFhfbGpBT2otU1dqYnh1LVlwYXdEZFpva2hubzVhMUozUWpndw?oc=5) · southernminn.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58602 (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/42.json (key "58602", 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