# WALDO STATE BANK
WALDO, WI · FDIC certificate 8700 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $154.2M | |
| Deposits | $127.4M | |
| Loans and leases | $118.2M | |
| Total equity | $15.1M | |
| Loans / deposits | 92.07% (p83 of band) | 73.59% |
| Liquid assets / assets | 17.88% (p17 of band) | |
| Uninsured deposits / deposits | 9.12% (p11 of band) | 19.81% |
| Brokered deposits | 5.68% | |
| Wholesale funding | 12.49% (p88 of band) | |
| FHLB advances / assets | 6.81% | |
| Tier 1 leverage | 10.28% (p29 of band) | 11.76% |
| Unrealized securities loss / equity | -8.00% (p46 of band) | -6.57% |
| AOCI / equity | -0.44% (p47 of band) | |
| ROA (annualized) | 0.68% (p24 of band) | 1.17% |
| Net interest margin | 3.54% (p30 of band) | 3.93% |
| Efficiency ratio | 74.93% (p70 of band) | |
| Noncurrent loans | 2.44% (p89 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p16 of band) | |
| Reserve coverage of noncurrent | 33.00% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 73.95% (p89 of band) | |
| Auto loans | $720,000 (0.61% of loans; DQ 0.28%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.0% | |
| Employees | 23 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **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 | 2 | capital falling |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 | uninsured deposits leaving | capital falling |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 2 | charge-offs p90 |  |
| 2013-06 | 1 |  | charge-offs p90 |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | charge-offs p90, uninsured deposits leaving |  |
| 2014-06 | 2 |  | uninsured deposits leaving |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | charge-offs p90 |
| 2015-03 | 2 | capital falling, charge-offs p90 | reserve under noncurrent |
| 2015-06 | 0 |  | capital falling, charge-offs p90 |
| 2015-09 | 1 | reserve under noncurrent |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 | uninsured deposits leaving | reserve under noncurrent |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | uninsured deposits leaving |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | charge-offs p90 |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | capital falling |  |
| 2019-03 | 1 | brokered >10% | charge-offs p90, capital falling |
| 2019-06 | 0 |  | brokered >10% |
| 2019-09 | 1 | uninsured deposits leaving |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 | capital falling | uninsured deposits leaving |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 1 | reserve under noncurrent |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | reserve under noncurrent |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | uninsured deposits leaving |  |
| 2022-12 | 1 | charge-offs p90 | uninsured deposits leaving |
| 2023-03 | 2 | deposits shrinking, uninsured deposits leaving | charge-offs p90 |
| 2023-06 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2023-09 | 1 | capital falling |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 3 | loans exceed deposits, construction >100% equity |  |
| 2024-06 | 2 |  | capital falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 4 | capital falling, reserve under noncurrent |  |
| 2025-03 | 3 | wholesale funding >15% | loans exceed deposits, reserve under noncurrent |
| 2025-06 | 3 | reserve under noncurrent | construction >100% equity |
| 2025-09 | 1 |  | capital falling, wholesale funding >15% |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | uninsured deposits leaving |  |
| 2026-06 | 2 |  |  |

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

- 2022-03-07 [UPDATE: Sheboygan County bank robbery suspect identified - wearegreenbay.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxOd0Z5NHlGZDNuOGJLUEVVb3VWTFE1T05yRVdTeko4YUZrczdBY0ZOQXRyc0lHcklaMkZvTEhXNE02cDZkbEdjLU1OZnVGeUpLbHNWZVh3enRPU09MZWZwRW1YYzhpdE5JMVJoc1dCM2VvRUZIS0tQNGZwSnIwd00yTnVTY2ViaU9WSnpsT0lKd1LSAZYBQVVfeXFMT1V2NTZpV2I4Tkd1N1daU003dWxQR1RzS19sSHRiY05haG5kdG0wUHVab0JoZGdlVk92Z09nMUZjaW5ZMnZmWElGWlI4X29CeVlmeUdwa0RBb2FLQlp4ay15dlhNWHJSaVFRLWtRUUVtcHhnWjluYzdtemJzVGgydUNKUmh1eVhjbWpwNzFZN3pxU3JpdVZ3?oc=5) · wearegreenbay.com
- 2018-05-04 [UnitedOne Credit Union hires new technology services director | Briefcase - The Sheboygan Press](https://news.google.com/rss/articles/CBMi8AFBVV95cUxOeW5haE5IckVlVkF2Yzd6MzI4bVFGSlFhQ1pIREYzVzdLamNYZ2pVdWJtTlhvdkZ2Y0N2YUhxWVFJb2Z2a1NqOHJNdE1mS2dQcjZVQmZIb2xobHI2bVN5ZXlyVEduUEhTallKZWJNWjN1d1dINHBTRzFTYzFSZVdJMnpRbmtwMl9udjMtOFNfWG1ndC15YmREOE1ObjRJZDVnOGJNalBDb0lHSEpQaFpiaXJrekVzRjRNLWduWUR4T1NQZVJ2VEg2aHpyZFV6QmNqMWhydElNMFA0aEMyVmNSZjJaN1NBdGUyc2ctSjRuNWU?oc=5) · The Sheboygan Press
- 2022-04-11 [‘This is a Robery!!! No Games!! Give me whats in your drawer’: Sheboygan County bank robbery suspect was recently released from prison - The Sheboygan Press](https://news.google.com/rss/articles/CBMixwFBVV95cUxOMjZDNmQwTXVFVzFXQ3ZjQmtlcDRJY1EzZjFraGVURU1MLVBhQ19Ha2JhYzRXVG1ubWhYeUlFa2FvUERWd19IWDc4Z1llcm1KLVlzM0JxQU9mbDhSLXRVT0hERVVWQnp1VHpPWWhnczI0TGtaLVVLVVhlYkdiVFRrUnlKV0JuZTZ2SEVUTXdOUkt5NzNhNGNzaVZpdjF0c2JyN01Dbjh0YmZISzFfWnQ5UXhDVW1mRmJJMklxT0M5X18zY0xRb2JB?oc=5) · The Sheboygan Press
- 2022-08-20 [23-year-old man buys Wisconsin golf course, hopes to attract younger generation to golf - WPR](https://news.google.com/rss/articles/CBMirAFBVV95cUxQRGZOeF9pbWFUYWFhVVhUcXF4Vy1QeFJaOFNKTmJINWRUcGtGbHR3TWFUZklFSlVpRkk3QVVfcC1sM3JIQ2taaFRfdkhTTlZlSllSbW1VUlhMeUhsVEJLUk9HVVdvLUVHNUowZTJXaXNxVFRQYUdYZm02U3ZQOGZMTzlHRXE4djVja2xDcU1ZT0czNDZlb3d2YlRBMi1ham1GT29za21ialJRRVZN?oc=5) · WPR
- 2018-06-08 [Park Bank's Werner elected chairman of Wisconsin Bankers Association board - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOSFdvMHdja3Rrc082YzJIcy0zUmlwU3QxaEtHSGtZZ0lHVzdydE1tMWZmaE1EYUJSTmpHQUM1V0xIY3l3TDZUMWh2VUZoMzdvRDdGQ2k4NExud3pLdTRleW1GSHlGTTFXN0pOYWcxNHVPOW1sRDhGbzFULWtLOXlwVURxMXBOcEV1dE9jQWhuSk9iYzRSWmZjTWw1REx2b1BZU3QtR1ZnVk5KWkhMWDBSWU80UzlhV2ExNU04Q0Q3MVNnX29sX05aUDhESVJ4TUMyOHVVLWM5a2UzVWJpMzJScmJWYkMwUQ?oc=5) · Milwaukee Journal Sentinel
- 2024-05-10 [Sheboygan County judge sentences Waukesha man to 6 years in prison for March 2022 robbery of Waldo State Bank - The Sheboygan Press](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOX1NiczJyZ2NjMDA0MEZQcFhfd0hBR1hsdUZ1OHRwbnN5ZXo3LWFzYUtHM1lUakMyTVJNOFR4dnJncDZmQkltY0RWRXhEOWhvZWdGQW53a2dzNF9iMGJ0WGlCQnRQN0xFWUZ5bmVaQXVrZzg5U2tBa0dkZ1pPM0xnWWI3RnBuckhmRW5JSmFueFZRMENmT3lsZHBsUWRKMnpydjZKVWNwODlkbno4a3hxSkdRY1ZaY2djWHVTN0tuUUhVUUFiYWd3R1hwR0ZuRFFQbnlZ?oc=5) · The Sheboygan Press
- 2018-05-11 [Johnsonville receives Young Professionals Bubbler Award | Briefcase - The Sheboygan Press](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQeUVUZWN2TGM3aFF3dDFlTE9xN0dsY2lVeUxxemlUM2pOdEF6TVlNZG1QcUZ2bl8xaUtKT0ZSM19waGltUklQSl9oNUZsWnNrMVI3cWhhU2lRd0E3UnFoY0xkYlVnNXdVbE5NMGF3NDg0NHRPNktOVTNCQzVyYWsxUVhwa3phZm45eFpYRlUwejRYRVdMWHExai1BdExXeGxFdDVvSDJBRWFZNWNpVjlNclJqTjRTa1VwbEN4djRZNFM1ZWZxNVhvakNmc1RrQ2ZvekVhNUt0bWFWWmdrc3ZWMl9RT3A0dw?oc=5) · The Sheboygan Press
- 2018-06-09 [Acuity announces four staff promotions | Briefcase - The Sheboygan Press](https://news.google.com/rss/articles/CBMisgFBVV95cUxPS1pCbkc1WlB5bnh0WWs4eUVMeG9LYmFCNHEwMGxObzJWWGNwdzFEY0dsWi1JZm9BbzZMWXNHR3pjWU1PbVUxZzdKU2U5Ym9qdFVHNTdvQUpaU0N5Slk5dXhoY0RpUmJsMnlZS2xoeHA4Q19mTjNrYURySXRFcllyQ1hsRU5zdlcwWnNSUWZsWXFHSHFRRHROQ0lkUEhlbjFCVmNScmdJLWxqRDNnTEJ2UzV3?oc=5) · The Sheboygan Press

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8700 (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/60.json (key "8700", 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