# FIRST STATE BANK OF ASHBY
ASHBY, MN · FDIC certificate 8196 · asset band <$300M · latest filing 2019-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. 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 | $36.2M | |
| Deposits | $31.6M | |
| Loans and leases | $22.5M | |
| Total equity | $4.5M | |
| Loans / deposits | 71.07% (p39 of band) | 77.79% |
| Liquid assets / assets | 30.34% (p52 of band) | |
| Uninsured deposits / deposits | 10.87% (p28 of band) | 15.94% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.09% (p42 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.58% (p2 of band) | 11.56% |
| Unrealized securities loss / equity | 1.37% (p62 of band) | 0.80% |
| AOCI / equity | 1.04% (p34 of band) | |
| ROA (annualized) | 1.15% (p57 of band) | 1.05% |
| Net interest margin | 4.15% (p69 of band) | 3.84% |
| Efficiency ratio | 58.33% (p21 of band) | |
| Noncurrent loans | 1.90% (p82 of band) | 0.56% |
| Net charge-offs (annualized) | 0.01% (p51 of band) | |
| Reserve coverage of noncurrent | 15.42% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 22.27% (p58 of band) | |
| Auto loans | $1.3M (5.98% of loans; DQ 0.89%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.9% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | reserve under noncurrent |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 | capital falling | reserve under noncurrent |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 | reserve under noncurrent | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2014-06 | 3 |  |  |
| 2014-09 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 2 | NIM <2.5%, reserve under noncurrent |  |
| 2018-12 | 3 | uninsured deposits leaving |  |
| 2019-03 | 1 |  | NIM <2.5%, uninsured deposits leaving |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |

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

- 2009-02-01 [Joan Anderson Obituary Feb 1, 2009 - Erickson-Smith Funeral Home & Cremation Service](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE03emlDdzZndFlNSUIwWFViTGt6a3BNUWFHME1FdWdBTG1tbnpGYlZnNlB3SkJ0dmtsVFlEWkRsVzMyZXVoS0pJVjFSa1lveVFXQ0l6enJKVjBwZHJJRkNfcUNJQVVQU0U?oc=5) · Erickson-Smith Funeral Home &amp; Cremation Service
- 2008-11-04 [Lorraine Rylander, 84 - Alexandria Echo Press](https://news.google.com/rss/articles/CBMiYEFVX3lxTFA0T3hCWkJ6NktRR2JVaXg3djA0eUNycDI3QmctaGJfME1KTXBNQzEwUHIxdjkzUVFPTWhXNjJUbEZJTm1GZXYyS2xVeW9RZmdiV3lWZHR0SzA1dHN2YTh2Vw?oc=5) · Alexandria Echo Press
- 2009-07-02 [Ashby opens new USDA inspected poultry processing plant - TheLandOnline](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPY0JGZ0RsbGpIR1ZJa0hHQ2NQS3VjeUdMemZjYV9TdFNIclNaWmNHVTZQR1UyLUdQTHA2eGI3elUwQUlXWjU0dTMtQUpjbEVxV0h0ZFhDNzJ5RkJpQ1ZuWGdyc0xWb1RVRmNnNzZHT2tSS0FXQWE3c0lBNmw0WkV0djNGRXJsMzdwdE8wRGNPdHJsdlQyRFlnWXUyWEpKdlJUTmJOcUJHTGYxQ21mY00tdHB3d2NjNVRaMnZNUGRmcE02d1ZwbW1FZ3J3RFQ2blBGSUlyOTFPeGs3ZEZI?oc=5) · TheLandOnline

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8196 (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/4.json (key "8196", 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