# STATE BANK OF COKATO
COKATO, MN · FDIC certificate 8185 · asset band <$300M · latest filing 2012-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $55.7M | |
| Deposits | $53.3M | |
| Loans and leases | $30.1M | |
| Total equity | $2.3M | |
| Loans / deposits | 54.98% (p27 of band) | 67.95% |
| Liquid assets / assets | 35.95% (p50 of band) | |
| Uninsured deposits / deposits | 5.45% (p32 of band) | 8.38% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 4.37% (p2 of band) | 9.95% |
| Unrealized securities loss / equity | -0.39% (p4 of band) | 2.77% |
| AOCI / equity | 1.21% (p95 of band) | |
| ROA (annualized) | -2.68% (p2 of band) | 0.78% |
| Net interest margin | 2.94% (p13 of band) | 3.77% |
| Efficiency ratio | 155.80% (p98 of band) | |
| Noncurrent loans | 7.59% (p94 of band) | 1.40% |
| Net charge-offs (annualized) | 0.18% (p72 of band) | |
| Reserve coverage of noncurrent | 34.63% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 256.52% (p99 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.9% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | leverage <7%, losing money, expense ratio p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 |  |  |
| 2011-09 | 6 | noncurrent p90 |  |
| 2011-12 | 5 |  | noncurrent p90 |
| 2012-03 | 9 | leverage <5%, capital falling, noncurrent p90 |  |

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

- 2018-12-12 [North American State Bank acquired by Kensington - West Central Tribune](https://news.google.com/rss/articles/CBMihwFBVV95cUxORzVnRkZqcm9ZS3kxM3hrQ1I5Mm9acEt0N2FRRzFLMWpfY2JNSDd4NFpwMTcwMjY1SG5DREE4anpXRUdlMGRHMGlGVkJ6WmdJR2ZNRTdHWFctMkc4UlpueWdGZ2d4UHhnUHJ3cXVWd3RqVDRQVG84Q1pCMW1NMWxFeHhUU3ZFUFU?oc=5) · West Central Tribune
- 2015-10-22 [Historic 501 Building prepares for new tenant - St. Cloud Times](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPMmtJdkhmUzl3bnlXRUVhR3NYWmVyWEd6VUp0aFRTRGtUeGRIZjNyYk5CSEFGeEY4T2JXaFFSenhqdFJWWFF6WFdIN2k4Vi1DQTRWV3hUSV9IYVpQMXRSaDgxUExqMHBYTW44X3NkdEdxcUI1dnh0SFVRSVUxZk1hNUxucEw5UTBqM3YxSktmOXA3dnZoc0JDVERmX1E5OXA4WDBxWTVyajMwakU?oc=5) · St. Cloud Times
- 2010-12-09 [Karen Palmer Obituary Dec 9, 2010 - Mattson Funeral Home & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTFBmSDFVeXlQT1Vsa3J2VnN1TFlqQVZqWXpvWkx0MW5hQlMyMlFrdzgzQWgxYWpIWHJ6SGN3NzNUYjV6RU5Ra0k3ak42VktNS3RUbG5UaHdNdDZ5dmVkV0poWVVVeFpkRHhpaXc?oc=5) · Mattson Funeral Home &amp; Cremation Service
- 2025-01-07 [Janice Vieau Obituary (2025) - Minneapolis, MN - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxQbUh6X3VEczhOWEdkX3pWTHJ1SC1TX09FemU0ZUJmR0pFU1ZoZTh0X2RDS2xTUlYwMldlQy1jOFl3blkyZ0U1N19uQl9ZRU93YUFTTmlLbEUybmstMmFUMkNydEVtMUdkeTRqN2U3ZXhVTXJDeG1uVjZxNjYzU2hkdA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8185 (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/57.json (key "8185", 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