# STATE BANK OF LISMORE
LISMORE, MN · FDIC certificate 8190 · asset band <$300M · latest filing 2023-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $61.9M | |
| Deposits | $49.3M | |
| Loans and leases | $50.6M | |
| Total equity | $8.1M | |
| Loans / deposits | 101.53% (p92 of band) | 69.44% |
| Liquid assets / assets | 14.11% (p9 of band) | |
| Uninsured deposits / deposits | 14.31% (p31 of band) | 19.29% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.14% (p67 of band) | |
| FHLB advances / assets | 6.14% | |
| Tier 1 leverage | 13.19% (p68 of band) | 11.39% |
| Unrealized securities loss / equity | -0.80% (p90 of band) | -25.32% |
| AOCI / equity | 0.00% (p74 of band) | |
| ROA (annualized) | 3.44% (p96 of band) | 0.97% |
| Net interest margin | 5.41% (p95 of band) | 3.55% |
| Efficiency ratio | 51.10% (p14 of band) | |
| Noncurrent loans | 0.75% (p73 of band) | 0.22% |
| Net charge-offs (annualized) | 0.00% (p58 of band) | |
| Reserve coverage of noncurrent | 141.80% | |
| Real estate % of loans | 30% | |
| Construction % of loans | 6.12% (p28 of band) | |
| Auto loans | $1.4M (2.73% of loans; DQ 3.98%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 0.2% | |
| Employees | 9 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## 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 | 3 | loans exceed deposits, liquid assets <10%, capital falling |  |
| 2013-03 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | loans exceed deposits, liquid assets <10% | capital falling |
| 2013-12 | 3 | wholesale funding >15% |  |
| 2014-03 | 2 |  | wholesale funding >15% |
| 2014-06 | 4 | reserve under noncurrent, uninsured deposits leaving |  |
| 2014-09 | 3 |  | reserve under noncurrent |
| 2014-12 | 3 |  |  |
| 2015-03 | 5 | wholesale funding >15%, capital falling |  |
| 2015-06 | 3 |  | uninsured deposits leaving, capital falling |
| 2015-09 | 4 | brokered >10% |  |
| 2015-12 | 5 | capital falling |  |
| 2016-03 | 5 |  |  |
| 2016-06 | 4 |  | capital falling |
| 2016-09 | 4 | uninsured deposits leaving | brokered >10% |
| 2016-12 | 4 |  |  |
| 2017-03 | 3 | capital falling | liquid assets <10%, uninsured deposits leaving |
| 2017-06 | 4 | liquid assets <10%, uninsured deposits leaving | capital falling |
| 2017-09 | 2 |  | liquid assets <10%, uninsured deposits leaving |
| 2017-12 | 4 | liquid assets <10%, capital falling |  |
| 2018-03 | 2 |  | liquid assets <10%, capital falling |
| 2018-06 | 3 | liquid assets <10% |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 4 | reserve under noncurrent |  |
| 2019-12 | 4 | capital falling, charge-offs p90 | liquid assets <10%, reserve under noncurrent |
| 2020-03 | 4 | liquid assets <10% | capital falling |
| 2020-06 | 2 |  | charge-offs p90, liquid assets <10% |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 | capital falling | loans exceed deposits |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | capital falling |
| 2021-09 | 0 |  | wholesale funding >15% |
| 2021-12 | 1 | loans exceed deposits |  |
| 2022-03 | 0 |  | loans exceed deposits |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | loans exceed deposits |  |
| 2023-09 | 1 |  |  |

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

- 2023-12-06 [M&A: First Western Announces Purchase of State Bank of Lismore - Banking Exchange](https://news.google.com/rss/articles/CBMiswFBVV95cUxNNUhJTmxSU09qN25ZYmE5X1VjS3g0cXgxRkNnQ056aDQ5MWU3QmVsTmFMR3FQRzNzU0dYR2ljZkZWZ0ZRbTRxZXZ5Qi1jTzZRV1pxRGJBc1ZFTXQtOFRVVkFWMEVHUWZfZUpqWkFLT25QSE5lNmlqcHNNSDV1cHRRRGlZNXRvQ3pPbWdxcWRMNmswQnlFbGRaZjNjSzFwRzlMMnBFc0hhaXBRYWxxTFZkNEVYSQ?oc=5) · Banking Exchange
- 2023-12-01 [State Bank of Lismore sold to First Western Bank & Trust - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMikgFBVV95cUxONmZIN3NYWk1LQ0FXZE55SFlYazdqMEpSa0twb2F0UGV2eFlWZzJRNzNsdklpSV9zSGtITzhfSUlncDltQkFrdXpHS09xNUxubDJxMnIzWFpaZkNLSms2eWpoR0RoV0lsVnhqRTVqTjlyQThBUzdISkFjcjBaZV90TmZFWlhxRHJBOXZjX3E3bVhNUQ?oc=5) · The Globe | Worthington, Minnesota
- 2026-06-04 [Ruth Ann Lorang Obituary (2026) - Luverne, MN - Dingmann Funeral Home & Cremation Service – Luverne - Legacy obituary](https://news.google.com/rss/articles/CBMif0FVX3lxTFB5NVEyck5LQ3pfZGZaTGJZc1JwVHpSM1R4bGt0U2x1d2tZdV9aOFpGck5vZ0xmdXQ5TzBEWW9FY2tBMjdiVGRpZVlWQjBvOXYwSTFQQVA3WURxa3d4T0t6aFY5ZGlEekkxTkZtZThZZTUzMk03RXRPV2hDUVgzZXc?oc=5) · Legacy obituary
- 2025-09-08 [Mark Loosbrock, a third generation Lismore banker, to retire - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMilwFBVV95cUxQV0dUVlFUNVI1bDJtM2ZONDVadllkNkRDd2FJdHdnUTRWMFliZ3hhMF9mejBxNnN3aE1SMVYzNmQ2SHZXQnJQLVllQ0lxYnV5VkJCOEFfb19vTzNuckM5elBhRkxrSFhBRE1zNWRUTDhnUWgtY29Ib0NKdVQ4NkdXNVBhcDJzbG5kbEh4dWdTT3VQZ0NNZ2F3?oc=5) · The Globe | Worthington, Minnesota
- 2024-10-29 [Kimsal Named MGA Evans Scholar of The Year - Minnesota Golf Association](https://news.google.com/rss/articles/CBMidEFVX3lxTE9nUTBQVExxcE83LUF4SG1tZ2RneG9wVi1TbEl0c2s5akxocVBuMks3blFFZGNpcWlyWGVyZXdKS2ZTQjV4cW1sTTZnVUFZV0w1cUNxZW53RmR4UFY2WnhIR193MGZmZnYwdDFGcXBDSjNGZVB00gGEAUFVX3lxTE5DdnBCYy1UN2E1LV9CYkwzU3ZOem9HSVlUaDRvTm8yZlFzNGVCS3lSUDZuV0otVjgxWk1kY2RWbC1hR3NwVnFIanhYckhteTFiMElsUEVJYnRIYUFsQW5pRGtWUTJrTGw3eTdOeGNHejVqYVVGNjdCVHBFVEpuMUNOdkxCaw?oc=5) · Minnesota Golf Association
- 2022-11-29 [Lismore's Loosbrock honored for 50 years in banking - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMijAFBVV95cUxPbWtYblhiMlg3cktYUmw3Q2hRTUdvZDV1cXFYZ2tZRi1uTzZCYlFZVjcxVTQ3a0Q5eXU2YnFZc2NnV0g2ODJVNDNOQ1lXUWhKS0U2bDFtcE5ILUZkanZ1QTlzd2xMZUtKV2J3bTVxTWI5c1ZIZFlWakRRZ3JPTFpWd2s5VWN3SUxMUTU4eA?oc=5) · The Globe | Worthington, Minnesota
- 2023-05-29 [Gary Loosbrock Obituary (2023) - Worthington, MN - Dingmann Funeral Home & Cremation Service – Adrian - Legacy obituary](https://news.google.com/rss/articles/CBMigwFBVV95cUxNWmVZT0FlRS1wSTQ4SVlkRllDMUQtZDQxbWlpS2FUMDRSLVY0LVg1VW13OHFCWVV4cUtnbHZuc05yTWtSWHFWTE9sWDNVcXJIN3E5ZHA1YWo4ZlM3QjJXNDJZa1dfS0FlODZBbHZhaWxTOHJTYzdlUEg3dE9NcmFPVUp5Yw?oc=5) · Legacy obituary
- 2014-02-17 [Benefit to help local cancer survivor - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMic0FVX3lxTE40NnhzUmxZTWNSdzJHSXJPNzBXSHFsUTRzblNKQ0VjTjd4bTNFc2dVUVFGdmJpc0lpRjR2UlJiMFV5V1VybDV6bTBSaWdDREU0bWJtaVFfTzNuaWRDUjVxa1RnNEs4TGVQekJRNDZXZTEzaFk?oc=5) · The Globe | Worthington, Minnesota

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8190 (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/62.json (key "8190", 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