# MENNO STATE BANK
MENNO, SD · FDIC certificate 9003 · asset band <$300M · latest filing 2019-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (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 | $34.2M | |
| Deposits | $30.3M | |
| Loans and leases | $26.7M | |
| Total equity | $3.9M | |
| Loans / deposits | 87.41% (p70 of band) | 77.89% |
| Liquid assets / assets | 20.91% (p28 of band) | |
| Uninsured deposits / deposits | 14.72% (p45 of band) | 15.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.29% (p42 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.95% (p42 of band) | 11.44% |
| Unrealized securities loss / equity | 0.59% (p52 of band) | 0.54% |
| AOCI / equity | 0.08% (p16 of band) | |
| ROA (annualized) | -0.98% (p2 of band) | 1.03% |
| Net interest margin | 4.01% (p61 of band) | 3.82% |
| Efficiency ratio | 63.49% (p34 of band) | |
| Noncurrent loans | 2.22% (p85 of band) | 0.54% |
| Net charge-offs (annualized) | 1.70% (p99 of band) | |
| Reserve coverage of noncurrent | 46.79% | |
| Real estate % of loans | 16% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $502,000 (1.88% of loans; DQ 23.31%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.0% | |
| Employees | 8 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## 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 |  |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | NIM <2.5% |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | deposits shrinking |  |
| 2014-03 | 0 |  | NIM <2.5%, deposits shrinking |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | uninsured deposits leaving |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 3 | deposits shrinking, assets shrinking |  |
| 2017-03 | 1 | capital falling | uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | deposits shrinking |  |
| 2018-09 | 1 | reserve under noncurrent | deposits shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 5 | capital falling, losing money, charge-offs p90, deposits shrinking, assets shrinking | reserve under noncurrent |
| 2019-06 | 3 | reserve under noncurrent | capital falling, deposits shrinking, assets shrinking |

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

- 2026-02-24 [MENNO-OLIVET COMMUNITY FOUNDATION AWARDS FIRST GRANT - The Freeman Courier](https://news.google.com/rss/articles/CBMilgFBVV95cUxPV2d2clJKcDVON0ctc29NcUthSi0zTHU3REpwODlnam96YnE0U29td2F0Q3Y2cTQyRl9yZWZISDViUGpxZ2t5YkVlcm5EQ0xRUEZIeTVFU3FYOVcteUNNdjFqQTlXQ191U0tzRkVqZEdTY0hPSmFLVGJLdGZhczl2TjhuTXo4bzVKYXMxcmhxdzdIRVhhVmc?oc=5) · The Freeman Courier
- 2014-04-22 [Increased regulations threaten small banks - Argus Leader](https://news.google.com/rss/articles/CBMiugFBVV95cUxQWnZYb0tNM0N0Q3RyUVZyZEh2Wm5Ed2dzc09iTmE3Q0cwaU5oaUNxb2Vxd3U0Y3JQYlZtY3ctQXdzb092bVJjeW4wcXNfZXBzdkJRREFzRkNRaWt1ZFl0cjc0akhtMTVORUMyaVcwRng0NVVrUmpoT2pJUEh3ak1lbmZ2QV91QWMyNno3R1VSTUVqUFFVa2ZaR3lMVzAzVWlRQjBVVjk0cl96N1VfR1dzUWE1UWVsVWdDQ1E?oc=5) · Argus Leader
- 2021-12-07 [Kidnapping, community shock marked 1935 Freeman, South Dakota bank robbery - mitchellrepublic.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxQeW1nZGhoN0Ixd2pfb3RKbkU0a1JuT0lxdWVuOHlUb25ESFRCUkduNGJUam5mbk0zcWhfdlZQSmtBcTA3VUhwWlRpd1hrX1poYTNyN0k3bWVWUTZUclpzOHF4eGt0NmhnRFlMZXQtOXlxYzl2VnFJa044T09LN05Fbk5JZWQ3cXQzajlOQm1fZl9zS1ZIZHRha1lZaGpWU011VjZXVTVtc0ZjRWVxdHZWbmc5ZFRMQXhWZkdyNg?oc=5) · mitchellrepublic.com
- 2019-05-16 [Ballard: Teamwork is key for Britton inventor, SD Hall-of-Famer - aberdeennews.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxOMy03Y3BxQjN1STJFcFVtOWRIOWRnWFNiYWg0Vm9DU2ZpVmx6U3RYVTltcVZjNDd5WjFPaEtlSXZXMHFmcE9td3daUEQxbjBNVXc4Y0I4NUpaOGhsV19PLU9maWFtNEp0Z1htSDRXT0U3RUdKWTR1Q3JsY1JZeS16N0dHZkR4Y191cElXV0hOejJqekhKWkN0Ny1uWVNwcGVfeHEzNloxN1ItSTI4bi1WcW12cFNHUGQ1ckFVdk44T1dXRHpq?oc=5) · aberdeennews.com
- 2008-11-22 [Gertrude Marie "Joni" Quast - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQcVc5dm1Va0dWWHp3TXB4QVpRRGlpWHNhbjZ4VjlKRnRkd2dIQTE5OHZpcnhOUmJBN2wxZk5TWDA3UTVsRmhqWEZKeVNZbGNWdzFocDZmb2dvRmZZeVM3REVfM0hYN1lXNWlVam1EMFdyNUhVNnNZVHVrVXhEaE1WYkk3YVNYMTRsRTVWOTdTWDlZZw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9003 (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/43.json (key "9003", 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