# GLASFORD STATE BANK
GLASFORD, IL · FDIC certificate 8492 · asset band <$300M · latest filing 2022-03 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 4 (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 | $62.7M | |
| Deposits | $60.2M | |
| Loans and leases | $18.2M | |
| Total equity | $2.4M | |
| Loans / deposits | 29.77% (p9 of band) | 59.63% |
| Liquid assets / assets | 70.65% (p92 of band) | |
| Uninsured deposits / deposits | 21.41% (p55 of band) | 20.09% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 6.60% (p2 of band) | 10.37% |
| Unrealized securities loss / equity | -72.86% (p2 of band) | -10.87% |
| AOCI / equity | -77.33% (p1 of band) | |
| ROA (annualized) | 0.34% (p23 of band) | 0.73% |
| Net interest margin | 2.22% (p14 of band) | 2.97% |
| Efficiency ratio | 81.25% (p67 of band) | |
| Noncurrent loans | 0.19% (p45 of band) | 0.26% |
| Net charge-offs (annualized) | 0.00% (p52 of band) | |
| Reserve coverage of noncurrent | 722.86% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $2.5M (13.83% of loans; DQ 1.07%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 18.7% | |
| Employees | 10 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **AOCI drag >20% of equity** (`cap_aoci`)
- **securities losses >30% of equity** (`cap_secloss`)
- **NIM <2.5%** (`earn_nim`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 1 | NIM <2.5% | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 | capital falling | NIM <2.5% |
| 2013-03 | 1 | NIM <2.5% | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | capital falling, reserve under noncurrent | NIM <2.5% |
| 2015-03 | 1 | uninsured deposits leaving | capital falling, reserve under noncurrent |
| 2015-06 | 0 |  | uninsured deposits leaving |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | uninsured deposits leaving |  |
| 2017-03 | 1 | charge-offs p90 | capital falling, uninsured deposits leaving |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | capital falling, reserve under noncurrent | charge-offs p90 |
| 2017-12 | 0 |  | capital falling, reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 3 | reserve under noncurrent, deposits shrinking, uninsured deposits leaving |  |
| 2019-03 | 0 |  | reserve under noncurrent, deposits shrinking, uninsured deposits leaving |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | capital falling, reserve under noncurrent |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 1 |  | reserve under noncurrent |
| 2020-09 | 2 | leverage <7% |  |
| 2020-12 | 1 | uninsured deposits leaving | capital falling, leverage <7% |
| 2021-03 | 1 | NIM <2.5% | uninsured deposits leaving |
| 2021-06 | 0 |  | NIM <2.5% |
| 2021-09 | 1 | leverage <7% |  |
| 2021-12 | 2 | capital falling |  |
| 2022-03 | 4 | AOCI drag >20% of equity, securities losses >30% of equity, NIM <2.5% | capital falling |

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

- 2014-04-17 [Two men allegedly robbed Glasford bank at knifepoint - Peoria Journal Star](https://news.google.com/rss/articles/CBMingFBVV95cUxPSE9pZ3ltYlZTY08zSkU5dzY4a2xVcnhORHNPZ0d1TlQxaVhjX1NXWUFtenN1UWNVSWEyMWNYYk9wdDd3eEUzeERxREdEa0pUSWNQZW53dFAzd2xJZDFqdnVuLU1LZk5UVU82SG54NjNRbWliSXdYZHpfclVyUklObEQzY0c3MGVCM3dZMFpTOUFGN3UzYlRBbi16ZEFYUQ?oc=5) · Peoria Journal Star
- 2019-10-24 [Anna Rudd Obituary - Pekin, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMieEFVX3lxTE9STGcxVGxPb2NQQmFxQmtwX2lxNWNacEhRcEdtdDFMUXZKMzJMWVJsei1rNldxQkFaMVAzXzdkNE85OVc5cTRqVVhab0lOZE9qWDZNUDlqLUNmbFB0OUl6NmpONUhoc0djcEpkcGRrVEt0cVNDNzRobw?oc=5) · Dignity Memorial
- 2015-06-26 [Man gets 12 years for holdup of Glasford State Bank - Peoria Journal Star](https://news.google.com/rss/articles/CBMijwFBVV95cUxNWUppVnFRVGdERlNQNDR6T3pNWXF6anFvd3M0V1M1T2tCTjlCOUl3UnZNVDRlaWtJYXRrV3EyamNxTkN0bjE1aG5NN3FJQWxBNElVM3U0N2lzaC1wcFdtZFdaRmNuTVEtTzQ3V3djZXdnWUM4eTZ0QU0ydXBaWS1mZzFKa3NmLWwxZzN5S2FYZw?oc=5) · Peoria Journal Star
- 2020-11-21 [Virginia Pickett Obituary - Pekin, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxNVHNZa1hyczFiMThCM1pCRDZOQl94ZU1WN08xUDJmYzVUeF9vWjJTdVJUWDAzY056ZlRUdDBHVFVRVFRDaGRHVVlYWUJUNDRPMVdHSVk3V09XRVN3VTFIRlEzRy1VNzk2aHp2Nkx6aVJRR3A5dlZhWlF4MUJ6cC1maFh3?oc=5) · Dignity Memorial
- 2008-03-28 [Dirk Bailey Obituary (2008) - Peoria, IL - Peoria Journal Star - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQakMwWlhkN2EzcFctVW9ITDZ5M2RMb2twZUt2NjlJUkFVOHdETVNHc2VJNEw1TG1EcW5vM3hVTEVTSm45S3g2N01uc1hOdEJLVDJxcjJfRmRSd1NxNjFkM3JTcDZMemhGdzlGbll4OFNIclZFdFlnYW1yMXVlSFlyeXZXVkxubGl3?oc=5) · legacy.com
- 2025-08-25 [Linda Thorne Obituary - Pekin, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTE9hUDhGWkRrQ2xIU3FldjhoaTNRdUVzVjFfRUtzblJfWExZYWVrX0c4aUVxMWJPemJiNGNoZDZ1amwxdkdLTHVqZHFBVWNTUDNQc0h5OVJ3RGdwb0FFWUFUMG9RTlgzeU5KZlRFNnk4ak1EVHJPeVFWLWNKSFF1dw?oc=5) · Dignity Memorial
- 2013-10-15 [Illini Bluffs girls basketball head to state - Peoria Journal Star](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQMFlJb2oxeE5UTnhrNzBUMzl3STlZVHdnemgyU1NEOWFLOWhVZWVqaGtyOU10T2RLWDlsNXBDSGVRUHJmdS10Tlo1aHk2Z1lmRllTb3VxVmk1OGhZX3U5S1lFc3ladkdVX0lXRy1CU0hmOGU1MXVKcVg3MVByeXU0SE04NC1xZXZRcm50d3lGb3QyQzJNeUpkMEMyUzdRRjcyWkdVNnZJMHdEX3c?oc=5) · Peoria Journal Star
- 2021-05-25 [Donald Whaley Obituary - Pekin, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE1sSXowR2QweFhNMFU4VGpoaFVhTHlfTmhkVzBHZnFsbE13ZEI0VVdadk52clVXQW94YUZlSG15V2Z3YWdkdFltdU9XV1ZQZ3ZFRzYxbndaTVdRTDdyVVdGOWViLUNCa21vRFlvNlNMaFRQeDBIRmdMdmJ2Z3UyWHM?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8492 (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/44.json (key "8492", 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