# EXCHANGE STATE BANK
LUVERNE, MN · FDIC certificate 8212 · asset band <$300M · latest filing 2018-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $226.2M | |
| Deposits | $188.3M | |
| Loans and leases | $141.1M | |
| Total equity | $17.5M | |
| Loans / deposits | 73.95% (p44 of band) | 77.51% |
| Liquid assets / assets | 34.33% (p60 of band) | |
| Uninsured deposits / deposits | 34.90% (p93 of band) | 15.78% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 8.84% (p80 of band) | |
| FHLB advances / assets | 8.84% | |
| Tier 1 leverage | 7.81% (p3 of band) | 11.30% |
| Unrealized securities loss / equity | -3.10% (p35 of band) | -1.85% |
| AOCI / equity | -2.70% (p17 of band) | |
| ROA (annualized) | 0.86% (p40 of band) | 0.99% |
| Net interest margin | 2.99% (p12 of band) | 3.82% |
| Efficiency ratio | 66.42% (p41 of band) | |
| Noncurrent loans | 0.00% (p8 of band) | 0.53% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 61% | |
| Construction % of loans | 11.39% (p41 of band) | |
| Auto loans | $1.1M (0.78% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 18.9% | |
| Employees | 29 | |

## Flags firing in the latest filing

- none

## 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 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 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 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | capital falling |

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

- 2018-12-31 [Two regional banks to merge - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFAtMjZhOURGTHBNNUlCbFBmMUI5R0FOeHhMR3lMOER4QlhZanBLV1J5MnVWVDZrNzJTbG1WZEpQNFJKXzhjUW9LbjB2aWVFdnpvNUxvSEdhMFRGUDJzWjFKUjhGSThtWEE?oc=5) · SiouxFalls.Business
- 2017-12-06 [Kenneth man sentenced for damaging Exchange State Bank in Ellsworth - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMimwFBVV95cUxObmdTOWJ0dmZIU0VNa2xybWwzYTJrN0dHOVJfYnp5SHpnbFNhR3ZVRHlfT2dXdTlJbjJIWW9qd0JwUnVZTzRYb1FfMDI1YzFtNGpFMGhqTXg2QkNNMVpuNWxBaVhBNFNkMHI1RTJpQVFXZWJHa3htQWZqZzZyd2FmMXg1bng3VVRQck00a3R2amFDcHg5d240bGFyYw?oc=5) · The Globe | Worthington, Minnesota
- 2019-09-03 [Dorothy Mae Thorin Obituary Sep 3, 2019 - Jurrens Funeral Homes](https://news.google.com/rss/articles/CBMibEFVX3lxTE1QUnhwNmJkWHh6WGh4aXdVaW4zVXo2RTdtQnROVHdsbGJnZVQ1eEhsOVgtYXNRbEpBeThtbk0tcllZRm9IVDZHbUtHU3lYUVQwUk9kc2QxUTU0cTZhcTRtY2g3Y0tyUl9MZURjcg?oc=5) · Jurrens Funeral Homes
- 2019-09-12 [Local bank robberies through the years - Cresco Times Plain Dealer](https://news.google.com/rss/articles/CBMidEFVX3lxTE1uT0JwcnpES3JaNmdsdU5TNmVZbWRZdm40YVNsb0t0bzl0WWxyTC1MS1p3dlpRVEhZdHdobDhpS3FxNFgwSTVXOC14TWN6MXo2MlQyTjVBU291NHY4MlMzVzYxeFNtUkdBSkhkb1ZqZzliM1d3?oc=5) · Cresco Times Plain Dealer
- 2011-11-16 [G. Gene Sundem Obituary Nov 16, 2011 - Miller Funeral Home](https://news.google.com/rss/articles/CBMiV0FVX3lxTE1RSWVqY0tZQ093NUtEVkNaclVxTmY5YnI3Y3BlNThCeXdYTWNnQmpocFFFSHl6bEh5TVF4ajViNUVfQU9jLXV5VTItSW1MMGlJRWRXOGZORQ?oc=5) · Miller Funeral Home
- 2024-12-13 [PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store? - Rediff](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQZ0R5Y1JEMW53ZzJFSG0ySE9SUGRYX1UwMy1HSFZZdDctS1VlNFZCWlFlTEs0TFdMNTRlcUZZWk1JNzJHbkFFQjgtb2d5V3o2SkNtcnNiVTNZakVKc2pEdkNWeW1wWlBjdV9vRklQanhta01VR09xa1JkbzJtX2o0cEdjVmszanZ0Y0ZrT0JNSGpoMnBtUFNDZ1VSa0VaUXRBX2h5cGl6Y3UzQUkwdkNCakhUM19hcEF0TF9n0gG-AUFVX3lxTE5xMExvYUE5U2lveEt3RkZUZU1MaFFhckFsQ0FmQVFqMzkxWkFWQ2hZRVZfUzdPek0wTkRiVkxPMWMzZHpvd2UyckVvQ3hzTF8wcGlmdHVfa2JTRjNwc2NZdjR1cWpOakpfZXgzWWJPamQyV2VuUmRUNUxieTB6MzlDLTZsMXpjamUwWUJyT08zVXhPdXh3TmlDTFY4ZGtadVVsOTRPYkRaZEUwRFM0OGtwVnBtRklTZFh4b3doc2c?oc=5) · Rediff
- 2015-01-22 [Dennis A Roning Obituary Jan 22, 2015 - Jurrens Funeral Homes](https://news.google.com/rss/articles/CBMiY0FVX3lxTFBDdDFEd2psWmlqUGhjVHlBcGpJSDFXM09oTFVhZGxxVkNmbkFKclpCRlZfRnlOY0R1Z18yX0ZwUXlQV1Jrd1NFNGNlVjNua1BqNkFCMHcyWEJCTHcyLVgtbFZRMA?oc=5) · Jurrens Funeral Homes
- 2012-10-22 [Luverne apartment blaze leaves 23 people in limbo - The Globe | Worthington, Minnesota](https://news.google.com/rss/articles/CBMigwFBVV95cUxOYVVVSG82bFVBZ2ZTRkFTcWNNcHE4OEVoV0NxQjFGQjJGUS1IV0FQZ3NCQmlyNlNmaE52ZEMwWFh1VmNPbjZ0WkxzSG91T1JNRHpuY053UzlRNmFuY3NaWFcwV1NBbTQxWE5Bay13MzZZbVQwenRNeW5IZnJYTW91M3pOYw?oc=5) · The Globe | Worthington, Minnesota

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8212 (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/20.json (key "8212", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide