# STATE BANK OF CLARKS GROVE
ALBERT LEA, MN · FDIC certificate 8829 · asset band <$300M · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $27.9M | |
| Deposits | $25.2M | |
| Loans and leases | $7.1M | |
| Total equity | $2.7M | |
| Loans / deposits | 27.58% (p5 of band) | 69.26% |
| Liquid assets / assets | 71.14% (p95 of band) | |
| Uninsured deposits / deposits | 23.01% (p84 of band) | 12.49% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.21% (p30 of band) | 10.29% |
| Unrealized securities loss / equity | 0.00% (p68 of band) | -1.01% |
| AOCI / equity | -0.11% (p82 of band) | |
| ROA (annualized) | 0.22% (p17 of band) | 0.76% |
| Net interest margin | 2.19% (p5 of band) | 3.63% |
| Efficiency ratio | 90.50% (p83 of band) | |
| Noncurrent loans | 1.21% (p56 of band) | 0.94% |
| Net charge-offs (annualized) | -0.03% (p7 of band) | |
| Reserve coverage of noncurrent | 195.35% | |
| Real estate % of loans | 30% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $239,000 (3.35% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.8% | |
| Employees | 6 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **NIM <2.5%** (`earn_nim`)

## 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 | capital falling | reserve under noncurrent |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | reserve under noncurrent |  |
| 2012-09 | 1 |  | reserve under noncurrent |
| 2012-12 | 2 | expense ratio p90 |  |
| 2013-03 | 3 | NIM <2.5%, reserve under noncurrent | expense ratio p90 |
| 2013-06 | 1 |  | capital falling, reserve under noncurrent |
| 2013-09 | 2 | reserve under noncurrent |  |
| 2013-12 | 2 | capital falling | reserve under noncurrent |

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

- 2018-12-03 [John Narverud Obituary Dec 3, 2018 - Bonnerup Funeral & Cremation Services](https://news.google.com/rss/articles/CBMicEFVX3lxTE5QRWNCa3FrUGFkdTlnOGRENG8tTVlzSGstUEE0UWQ1WHhieDIwVVZXUTctSzhibWR3aVRjRTRYaXM5dUpRQjVTX1lKY2toS1JJVGlBSGZVYmpPdGJ4b2djNWZEeGVxS0U3R3NHdnU1US0?oc=5) · Bonnerup Funeral &amp; Cremation Services
- 2021-05-03 [Garnet Ione Folie Obituary May 3, 2021 - Bayview Freeborn Funeral Home](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBtVHItZ01Qbm14M0F1VWd1QmQtSVJ2LUFYSGZVZVE5QUZKcWZ0dktqUEkwTjR4VVl6YmVYejFnenpyU21fdWhfMUVnRUF5VVB0Z29kU01TTXhNTDdQQ2paMWp6a2k?oc=5) · Bayview Freeborn Funeral Home
- 2013-09-07 [An unexpected career in banking - Albert Lea Tribune](https://news.google.com/rss/articles/CBMilgFBVV95cUxQWlYxQXJOSlNvM3J2c3Q3a2Jpek9BalNHZHVPYkhGQ3U4bWtVaHdIOG11QlJjMFdBeXNwNkdYSWN0RHdqRldYdFpidlI1LUZxRkxUbDZ3VHVxTG5adDFsTXpZTWNpbzNtcDFWWjdfRTJpVXcyNnp1NXBrY0U5UnUwSjB6OE9LYUhyZldKMXlfWTFXYTNPdXc?oc=5) · Albert Lea Tribune
- 2021-06-10 [Lettie Ann Anderson Obituary Jun 10, 2021 - Bonnerup Funeral & Cremation Services](https://news.google.com/rss/articles/CBMid0FVX3lxTE56My1FRzRXblZkN21JRDBBRFFqVFFjNUpINENZMDFtNjZFY3NuRVJYeld5T2tweU41bUVLQkJURGI4ZjR0U1JpQXhQc3Z1NHduQkh2TE9RUnUwSWZmOXZlN2V1QjZJY0Q3SVZyUTQyRUVPY2NURWJv?oc=5) · Bonnerup Funeral &amp; Cremation Services
- 2025-08-23 [Marilyn Faye Cuden Obituary Aug 23, 2025 - Bayview Freeborn Funeral Home](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9aSjBTOTFsaVU2aDZua0w3OXc1Mm5VT1BUQV9iUC1PY0NoQlExVDhCMDA4TGJUR1lhSlRSd09fNEd0QTBDdkRjZkc4azMzeXAwb1lFU2xPc0Q2Wm1lNU9KdlJkWUdVQQ?oc=5) · Bayview Freeborn Funeral Home
- 2014-04-17 [Farmers State Bank sold to 78 people - Albert Lea Tribune](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOTU9ZVUpxczYtdzJMZkltRDdCeTFzTlYtaTJISHNoaFdiYnl1SkU0czFsY3V1MkxNRTN5clVyREVTbWI3Q3BROHVEdkY3WnJReUZrV1RBMm9ZeFJKLXd3Y19oOXQxbEZuUFlsOVhyS2VxTHZPbmRGRjUyV1ZIVjE3QUhDbFR3NlNs?oc=5) · Albert Lea Tribune
- 2019-11-09 [Woman charged with trying to use forged check at Kwik Trip - Austin Daily Herald](https://news.google.com/rss/articles/CBMipwFBVV95cUxPcWdUbV9HcmdRWk9oT1JybExYWThIdEs0bEFEWWp2bUQ2dnJDOVNVcUxvODFoUlJ3S2d6akZnMEFhdzQ2S0Ffa1hQYzlqZ0xiYUNsa19mQThwcFNuM096WGpEc2pOZ3BWc3U1d0tmeTRLRTdzS3gxN2pyajhtbi1hWjFhZVZZeThUNjJWcEk5SGY5TkdWdU9ETEJBTUhTbjBwWmxvOW9RRQ?oc=5) · Austin Daily Herald
- 2025-03-27 [Julie Ann Stadheim Obituary Mar 27, 2025 - Bayview Freeborn Funeral Home](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5Ja0x4LWJXcXduSkVVSE81aDNTYWhUQVdyS2xmTHR2RWFxN01vX1dZUXNMWHd2SkpxNmtnZm54UVJaMTNaMDcySDNpbUFQOTJfMDlyVjQ0NUVtM25QaWQ3NWdlTVpWYUE?oc=5) · Bayview Freeborn Funeral Home

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8829 (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/61.json (key "8829", 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