# KERNDT BROTHERS SAVINGS BANK
LANSING, IA · FDIC certificate 8761 · asset band $300M-1B · latest filing 2026-06 · live

**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 | $347.2M | |
| Deposits | $282.8M | |
| Loans and leases | $205.1M | |
| Total equity | $37.8M | |
| Loans / deposits | 71.50% (p28 of band) | 82.04% |
| Liquid assets / assets | 35.97% (p77 of band) | |
| Uninsured deposits / deposits | 17.35% (p20 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.14% (p67 of band) | |
| FHLB advances / assets | 7.12% | |
| Tier 1 leverage | 10.88% (p52 of band) | 10.81% |
| Unrealized securities loss / equity | -10.47% (p42 of band) | -8.10% |
| AOCI / equity | -0.49% (p42 of band) | |
| ROA (annualized) | 2.48% (p95 of band) | 1.28% |
| Net interest margin | 3.55% (p31 of band) | 3.91% |
| Efficiency ratio | 50.30% (p19 of band) | |
| Noncurrent loans | 0.65% (p61 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p37 of band) | |
| Reserve coverage of noncurrent | 215.33% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 2.95% (p7 of band) | |
| Auto loans | $1.1M (0.52% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.3% | |
| Employees | 54 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 | capital falling | reserve under noncurrent |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | assets shrinking |  |
| 2014-09 | 0 |  | assets shrinking |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | charge-offs p90 |  |
| 2015-06 | 0 |  | charge-offs p90 |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | capital falling |  |
| 2017-12 | 1 | reserve under noncurrent | capital falling |
| 2018-03 | 0 |  | reserve under noncurrent |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 1 | reserve under noncurrent |  |
| 2019-06 | 0 |  | reserve under noncurrent |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2021-03 | 2 | noncurrent p90, reserve under noncurrent | capital falling |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 | expense ratio p90 | noncurrent p90, reserve under noncurrent |
| 2022-03 | 0 |  | expense ratio p90 |
| 2022-06 | 1 | AOCI drag >20% of equity |  |
| 2022-09 | 2 | securities losses >30% of equity |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 0 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 2 | wholesale funding >15%, securities losses >30% of equity |  |
| 2023-09 | 5 | capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2023-12 | 3 |  | securities losses >30% of equity, capital falling |
| 2024-03 | 2 |  | deposits shrinking |
| 2024-06 | 2 | assets shrinking | wholesale funding >15% |
| 2024-09 | 2 | charge-offs p90 | uninsured deposits leaving |
| 2024-12 | 5 | noncurrent p90, reserve under noncurrent, deposits shrinking, uninsured deposits leaving | charge-offs p90 |
| 2025-03 | 4 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2025-06 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | reserve under noncurrent | assets shrinking |
| 2026-03 | 1 |  | charge-offs p90 |
| 2026-06 | 0 |  | reserve under noncurrent |

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

- 2026-06-22 [Plan Your Next Trip with the Kerndt Brothers Heritage Travel Club - kcrg.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWUxQYnFDTnFDc0NjOWFXeU0wZmtvQ0ZvZmtLVnNGY3BvNjJRUTQwZ3hEMTM1TGZrU21FalFEX0VSM2dSZW5leHZ5ZHBkYTd1NWh5QWVNOWVfNGVVZXJ3UUx3WFB3SEgxY2hqV2xuZUN0X2RnSkdBVjFTRWdxRnpwYzlJcnVIVnNzY2pwY2tOd3RPb2VhNlBTR0RxUWpKRkVDNnc?oc=5) · kcrg.com
- 2025-12-06 [Jeffery J. Steffensmeier Obituary Dec 6, 2025 - reifffuneralhomeinc.com](https://news.google.com/rss/articles/CBMid0FVX3lxTFBXUDdCUThJMER3dGhBTzdpZ3BVTGo5WmpVN0NiaUk0ZHVhMjFwX0JueF9XbVNKaDlpXzREVjVvdEhYNVpMY284eFdITnd5ankta1V1a3k0LWgtalhveHVCR2c4WDRHbUNTcXM1R3JXaTFQUGtkODlr?oc=5) · reifffuneralhomeinc.com
- 2026-09-03 [Iowa Fraud Fighters presentation set for September 9 in Waukon - Waukon Standard Newspaper](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNU054LVFoamtGS3hCSUdLNVdiSURuRk5PbHhNaFg3UnFYVjd0aFNiYnNZbkV3bGNORW1DSlVVZ3BhUl85RXlpbG5EeW9VdHhmZGlPeUkwLVBEYUtnQUtzaWkzQURnRW1xbjk3YTJIRW5sQm5NNVd6dDNfNVU2dFhabjBFS2tQcHRuVEpMV1hmMUFGNHJJT1VKRnRtel9ySHlvM1B4cDhxdnZJQQ?oc=5) · Waukon Standard Newspaper
- 2026-08-25 [Kerndt Brothers Savings Bank: How to Spot Fraud & Protect Your Money - kcrg.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxQZEZGbEpLNWtrMVE1TVowaWJ5RDdFaGp1UWpEZk1UN0IwZnJsdWVVRzJMVXJOTnRtb3k2Zi11YWQ2NS0tY1hvdHh0ZVU0Um9oLWxSX0NCTDh4NFptMTF3X2NBQkxmY3N6a1hIV3U2Vk9WTG1UM2pSWEJqRFBHakFvMVFUS0pqMEZwYUMxY1F4RVBieElhOERVWkpFdFlkTlVQbUhZ?oc=5) · kcrg.com
- 2024-11-24 [Clement "Clem" Schulte Obituary Nov 24, 2024 - martinfunerals.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1TYXVBMU9MVF9NS3piTWNpNFl6Y0drNnB6Sm4wb1QyOUdjd1F4dHNLZ1lhakFsU21oWW5tcE1iTU1PcXpybmd1OV9iOEZzQ1hxdEI3VkUxUWViVXp1Ym14M2lkZHp1TjdR?oc=5) · martinfunerals.com
- 2018-09-12 [Kerndt Brothers Savings Bank acquires wealth management firm - Waukon Standard Newspaper](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQQXdtYTI0TEJDTVFOcGt2bjlMVUNoczVFdFEzd3JEd3I0Q3ZTUGFpcE9oTElVRlNtT2UybXNtYXQtd0JSUXhQQ2pkYkJrODhxYWV1dV9aaENhR3h2UWJSSFhQMGdQVGRJOWxiYW1fcXNpZXhXYTBtQkxGd3lFa1dMMWI2SnF5ZUd4elNpU3JxRHFyNE5ZS0t0MEkzLWdwSm5mRXJ0N05YbWMwSHc?oc=5) · Waukon Standard Newspaper
- 2025-12-02 [Everyday Iowa - Heritage Travel Club Director shares 2026 trip opportunities - kcrg.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxQMGZmNUE3RDRmY0VjUTBEejdOcVgzeHN0OEE1NE9tYUdHTmdEUldHSy1lRC1TdjljSHZiS0h1UTFJTUJsRUpYU3VhcU91ZWVhTmJwdVZWS21MWHlzYUsydjEtemNrLVpnVlREdEFaWExxY3ctMzQ3elVKXy13RnJaTEQ0X3N4aVUwcUhYd0VUYXRwdHJhd0lWX1RlbUJ3U1RzM3dlOVA2MDNGejFlYXBLTkhxcw?oc=5) · kcrg.com
- 2009-04-02 [Wendy Marie Leyde - Jones Obituary Apr 2, 2009 - martinfunerals.com](https://news.google.com/rss/articles/CBMia0FVX3lxTFBYbmhrQzVJX3AwUkNIeTZjUnhzaFlKYl9MVF93LTMwU2gtZ2E4aU05VmNOaTVHaTZsME56Zm51UUY5dWt2aW9PQVphdW4zVVNTM0ZTNFQtenA3YzA3b0VzaXh6QWlMVkxlS3dn?oc=5) · martinfunerals.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8761 (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/57.json (key "8761", 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