# BATH STATE BANK
BATH, IN · FDIC certificate 8035 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $337.6M | |
| Deposits | $283.9M | |
| Loans and leases | $253.8M | |
| Total equity | $20.2M | |
| Loans / deposits | 88.53% (p67 of band) | 82.04% |
| Liquid assets / assets | 20.85% (p34 of band) | |
| Uninsured deposits / deposits | 23.15% (p40 of band) | 25.97% |
| Brokered deposits | 4.59% | |
| Wholesale funding | 13.77% (p85 of band) | |
| FHLB advances / assets | 9.18% | |
| Tier 1 leverage | 8.82% (p10 of band) | 10.81% |
| Unrealized securities loss / equity | -52.64% (p4 of band) | -8.10% |
| AOCI / equity | 0.51% (p92 of band) | |
| ROA (annualized) | 1.01% (p33 of band) | 1.28% |
| Net interest margin | 3.15% (p14 of band) | 3.91% |
| Efficiency ratio | 69.64% (p72 of band) | |
| Noncurrent loans | 0.78% (p66 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p60 of band) | |
| Reserve coverage of noncurrent | 122.61% | |
| Real estate % of loans | 71% | |
| Construction % of loans | 57.07% (p62 of band) | |
| Auto loans | $2.6M (1.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.4% | |
| Employees | 38 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## 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 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 | charge-offs p90 | reserve under noncurrent |
| 2013-06 | 1 | reserve under noncurrent | charge-offs p90 |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | reserve under noncurrent |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | capital falling |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | charge-offs p90 | capital falling |
| 2017-06 | 0 |  | charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | deposits shrinking |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 | uninsured deposits leaving | deposits shrinking |
| 2018-09 | 1 | capital falling | uninsured deposits leaving |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | uninsured deposits leaving |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 0 |  | capital falling, uninsured deposits leaving |
| 2019-12 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2020-03 | 1 | capital falling | loans exceed deposits, liquid assets <10% |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | construction >100% equity |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | capital falling, NIM <2.5% | AOCI drag >20% of equity |
| 2023-06 | 4 |  |  |
| 2023-09 | 5 | AOCI drag >20% of equity |  |
| 2023-12 | 2 |  | construction >100% equity, capital falling, AOCI drag >20% of equity |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | NIM <2.5% |
| 2025-06 | 1 |  |  |
| 2025-09 | 3 | wholesale funding >15%, uninsured deposits leaving |  |
| 2025-12 | 4 | capital falling |  |
| 2026-03 | 2 |  | wholesale funding >15%, capital falling |
| 2026-06 | 1 |  | uninsured deposits leaving |

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

- 2023-10-20 [Community briefs - The Daily Reporter - Greenfield Indiana](https://news.google.com/rss/articles/CBMidkFVX3lxTE9fcjVMVXl1bjZ0bzNYb1JacUs2cm9OUmNUZnNHcEpwU0IxQ3JoTnNkVzN5VUs1S25kSjZCY0lLb0lZTlQ4RlRmWnpFbU45SnVoTXF1NUxWRGxrVXpPLVcxdUVROHhUcVJtdXFhTG5zOEg1ckdUbGc?oc=5) · The Daily Reporter - Greenfield Indiana
- 2022-05-13 [Proctor named Ball State alumni emerging leader; Also earns banking school scholarship - The Courier Times](https://news.google.com/rss/articles/CBMiggJBVV95cUxOU25iQWs4NXljaVVSd2Y5UTdsdS1uNHRNSFI1YW93VjNEWTVjY3ZsbE1XMzBwQ1JMU09wSE5aMkRmSmNyYUdHYUNicjVhN3RGMGF0Y2hzMHJLdzM1TldnSHVkaWpIaUJ3cTRtZFRsTEZUZEw2MVBaUTA3VExRdmU0Y3d3N04xZVNxRl8yRFlVRnFNN0d4TldWbl93Nmt0UDQ4TEZla2RydFBNT19tQk5fWkZILTM5eEVwVVlST09qQmdvRkZkYzlxa0pISlBFZk9hZG9SUEZRZXBMdS0tS0gxZldjdkVudlBOZzBBZHU0cGEtQS01YUl6bFY4Mm1RcS0xanc?oc=5) · The Courier Times
- 2025-05-06 [Power strips and printers, toasters and tablets: What to do with e-Waste during move-out - The Miami Student](https://news.google.com/rss/articles/CBMinAFBVV95cUxNbHMxY0hMWG9xVUc1Mmt3enpuem1EczI4LUtNNlIzM2V3aGZiNGxldWI3NGYzYVhpSFNId3NTd1VMMjlKeGdOeFVlY3FhUjdfSlJuLUw0b3VRMWRha2xaeHpvZ09YbjBTd2pHdUlfb3gwWTZDVmtpd2ZBOE0tdXR0cjcyamxETmpfWFJ3SjRWc2ZfaHFiQWlFNE1FU1Y?oc=5) · The Miami Student
- 2022-12-11 [Apple Farm Service breaking ground - Ohio's Country Journal](https://news.google.com/rss/articles/CBMia0FVX3lxTE55bDV4emRWYUZmSkxhTmJPbC10bUh2QThVTjRtbWwyZUx5WEZKdVVrOFNzWFRmS1JGSml0UDF1LUpmeEprZkxGUEJMMjNFZzhtRUpiYXhDekkzSDluRVVyQlBuYm8xdWJqb0xn?oc=5) · Ohio's Country Journal
- 2021-12-15 [Tiny Greye Obituary - Liberty, IN - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTE1zc1lybWVfN0lWZEtQTjRkREc4SnJKVmV4X2t5SGdUSDhLeklnNGJyTl9RZllyVGlmc0F5ZF9nekhkbjdNY3R6dTVVR25obGxjeHYyVzdVTDhWRzVCVENES2JOVnhsRTdKaW9YY1FFS3d0UlN2aDJ4d182VUswUQ?oc=5) · Dignity Memorial
- 2019-02-21 [United Way of Franklin County Making Changes To Better Serve Residents - Eagle Country 99.3](https://news.google.com/rss/articles/CBMivwFBVV95cUxOZkJYQjliamFWd0Z4Z21EZzZITkRpZGVyXzJONDZiTlhTOXY3UFFPMzVHMzNMdzlpNU9yTVpPUWlwRjM1UV9sSGR2Qm4xU2xsWk82RHhOM0JPZk4xcnQ0bGE4U25Zd19SclJQX2lTblRfWkpNeXg3azhsYmpQZ0d0N0d0cXQwdFpoLXN6ZzVOWWk5WU00WkFNZkdhdUxqOUtTSU1BNXRoY2Z6dW9VMnZsWjdYd1Q4RHNIcklud0VjNA?oc=5) · Eagle Country 99.3
- 2022-08-01 [Livestock Insurance Market Size, Share and Analysis | Forecast - 2031 - alliedmarketresearch.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE0zRjhRMmRhb3ZfdnZ2aDdNYUxFMnVfcG1lWmx6SGM1SWcweEI3R1FFOHR6Nkk4clk1VWNoYk8zbEt2bzhpV3lKZ0JLQ0s3ejlfRWE4cHpVbFZGLU9fcFhsYVJwLWpUMXhkN0NQNXF6SDZIeDl5R0tNa2pn?oc=5) · alliedmarketresearch.com
- 2015-06-06 [Officials, coaches, players share mission - pal-item.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxQV2hGSnNXNmdudUpocVdIbWJGRkZZUnkwMVpKYWVzS2toQkd5endpbHhjcnphdUlBLXY0OFRaRnpzWkJ5akdRVC1sT3RLM1VsLVhoQkR3dXlCRXctcmR4bFpqU1U3UVR1ZXJ4akxDcWk2Z2NlLVlROEZBU2QyUHdmOWVRa0xCSDhPUm9yOWNiMGZvNDdfOThUUTFLWjFTSEk?oc=5) · pal-item.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8035 (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/35.json (key "8035", 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