# GRATIOT STATE BANK
GRATIOT, WI · FDIC certificate 8694 · asset band <$300M · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 5 (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 | $39.8M | |
| Deposits | $35.6M | |
| Loans and leases | $10.5M | |
| Total equity | $4.1M | |
| Loans / deposits | 29.09% (p5 of band) | 73.61% |
| Liquid assets / assets | 69.84% (p95 of band) | |
| Uninsured deposits / deposits | 3.88% (p8 of band) | 13.65% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.67% (p4 of band) | 10.70% |
| Unrealized securities loss / equity | 10.37% (p98 of band) | 0.86% |
| AOCI / equity | -6.78% (p0 of band) | |
| ROA (annualized) | 0.01% (p7 of band) | 0.84% |
| Net interest margin | 1.94% (p3 of band) | 3.64% |
| Efficiency ratio | 100.00% (p93 of band) | |
| Noncurrent loans | 0.00% (p7 of band) | 0.69% |
| Net charge-offs (annualized) | 0.00% (p32 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 73% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $114,000 (1.09% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -9.9% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 3 | capital falling, NIM <2.5%, uninsured deposits leaving | reserve under noncurrent |
| 2012-06 | 4 | reserve under noncurrent |  |
| 2012-09 | 3 |  | uninsured deposits leaving |
| 2012-12 | 3 |  |  |
| 2013-03 | 2 |  | capital falling |
| 2013-06 | 3 | AOCI drag >20% of equity |  |
| 2013-09 | 1 |  | NIM <2.5%, reserve under noncurrent |
| 2013-12 | 3 | losing money, NIM <2.5% |  |
| 2014-03 | 6 | leverage <7%, capital falling, expense ratio p90, assets shrinking | AOCI drag >20% of equity |
| 2014-06 | 6 | deposits shrinking | capital falling |
| 2014-09 | 5 |  | leverage <7% |
| 2014-12 | 6 | uninsured deposits leaving |  |
| 2015-03 | 3 |  | losing money, expense ratio p90, uninsured deposits leaving |
| 2015-06 | 5 | losing money, expense ratio p90 |  |
| 2015-09 | 5 | uninsured deposits leaving | losing money |

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

- 2009-10-22 [Cross Country: Auction helps family amid tough times for farmers - The Capital Times](https://news.google.com/rss/articles/CBMi7gFBVV95cUxNay1BWlZUb1lTYXFUZUhaX0xyb2pmR0lzd2J2bXpoYURkQWJnVzEtLXNtUUk0QWc0cmk4VHZJYi1qRW9QQ1ZSM1BSOHBVMnBHZmRKcU16anFjWlhiR1Zwd0lwMGxoWHRWRUdBazF6QVVoQnBJQ1BHRXozdjdrQmVodDNPSUdkZGE3TEdxckhacDZGR1pPbFdtYTloTUdYNGZRdTAxVHRjN1pvN2JpZ29tSHkyR3Fod0dIdkkxSnBJYUNnNy1Qc3ZFMWtKSi05R0dsYmRhQVdVQ2lWbmhFZFhJSWN5WktOSlZHb2ZIVC1n?oc=5) · The Capital Times
- 2023-07-24 [Donald “Don” Brooker - The Monroe Times](https://news.google.com/rss/articles/CBMiekFVX3lxTFBER2N6dzN2bUphOW1BZEx6Z09Uc044TEVnNGxmZERVYUZsalBjNGd2TTZWQUlDRU9zNTJsNENMWDYtdHJLYjNtUmI1U0xfZUpOeXlVSDZQckNISzJYSHdSNjFZTlliWURrd002VGRrbUpXam5mdlJ4QlF3?oc=5) · The Monroe Times
- 2015-05-21 [Over $240,000 awarded at DHS Senior Awards Day - SWNews4U](https://news.google.com/rss/articles/CBMijwFBVV95cUxNcXIyak9TS3Y4R3M0aXVUcU1PWmJoa0NKR0pMTDhaZWktWkt1b29ZdUdZWXpPTWRFOFRFbmx5LUdBR21qMlgxYmpXa1hPQTJadGlTYzlXcGZhX1ZwcG1TM2pJbUNXdUVLTnFDckV1NElpUmpYRFAwM01DS1hCZXRfUEV0RG12eC1rS2cwZjB1cw?oc=5) · SWNews4U

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8694 (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/54.json (key "8694", 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