# CITIZENS STATE BANK
MONTICELLO, IA · FDIC certificate 9047 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. 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 | $594.4M | |
| Deposits | $537.8M | |
| Loans and leases | $328.1M | |
| Total equity | $39.6M | |
| Loans / deposits | 60.29% (p13 of band) | 82.04% |
| Liquid assets / assets | 39.37% (p82 of band) | |
| Uninsured deposits / deposits | 26.99% (p55 of band) | 25.97% |
| Brokered deposits | 6.77% | |
| Wholesale funding | 8.96% (p74 of band) | |
| FHLB advances / assets | 2.19% | |
| Tier 1 leverage | 11.48% (p62 of band) | 10.81% |
| Unrealized securities loss / equity | -68.70% (p2 of band) | -8.10% |
| AOCI / equity | 2.57% (p98 of band) | |
| ROA (annualized) | 1.17% (p44 of band) | 1.28% |
| Net interest margin | 2.93% (p8 of band) | 3.91% |
| Efficiency ratio | 60.60% (p48 of band) | |
| Noncurrent loans | 1.46% (p82 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p58 of band) | |
| Reserve coverage of noncurrent | 80.98% | |
| Real estate % of loans | 62% | |
| Construction % of loans | 16.72% (p21 of band) | |
| Auto loans | $2.9M (0.88% of loans; DQ 0.21%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.3% | |
| Employees | 73 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **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 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | NIM <2.5% | AOCI drag >20% of equity |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 4 | AOCI drag >20% of equity |  |
| 2023-12 | 3 |  | AOCI drag >20% of equity |
| 2024-03 | 2 |  | capital falling |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 | capital falling | NIM <2.5% |
| 2025-06 | 4 | NIM <2.5%, reserve under noncurrent |  |
| 2025-09 | 2 |  | capital falling, NIM <2.5% |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

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

- 2026-07-14 [Bank Iowa celebrates 50 years - The Humboldt Independent](https://news.google.com/rss/articles/CBMif0FVX3lxTE5QZEVSbkNZcS1PVU95eDhyZ0NMMFN3Nms3MTRBcEZIc1FUMkFGUVEzX1VXTklJbkp6aS04bUExa3JYQldsdzd3dm9aUXdXWGxpRG1jTHUtQXMwZXRrTnF6XzAwMDl1TFRuRTFjcC1TX2haVER6TVc4bmQ5OFZqNU0?oc=5) · The Humboldt Independent
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2021-02-04 [Citizens State Bank celebrates 60th anniversary - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMixwFBVV95cUxQZXd4NkEweGNsd05nTFdaWEFCQjRhZXBmN25aeU5xSFpOdUMwZTRZYXdmRnhRU2R1SFpmMTJ0T2ctTG56UDZfVHlrTy1xODdaWTY4OUdZWHZqTFhJNUFMNDA2aGhBczBDVjRIMXVwMURWOW84RXAtWXZHUXZYSUJocU5DNDBwZ2dIWWFkR1ZuMnZCVy1sNjZxYmpPSVZDbm5BdFhzY1ZmdTF1ekVuQk1Yc3RJUFBFZ1dJRVZ5MWNMOUp5TU9xbmJr?oc=5) · The N'West Iowa REVIEW
- 2023-09-24 [Citizens State Bank in Winthrop - Community Newspaper Group](https://news.google.com/rss/articles/CBMi_AFBVV95cUxNYXBWdDNBUDBrRzJ1bFk4Rnl1ZE9hMDJvNUYwU1ZCcE9zLS01UVJoVHpLalhFYjhKTDFaME4tQTJiVmdBNUg2bFNuYk1oaFFpcFpjdkYwejA2MWhKTnI1TE41d0xhR0xmRmlvdkl2bVlUZHVYbUlrUVdkaDdlUHZLOHZ2bEUxcFgyYy0wczROWFcxaGJPMGNrRmUycjV2cGhVcTFWUWQtOFgtSnJOWFpvcHN0Y1FWQ0lubXNoN3dQT0pPQ21TRmtoTU94SUEzV1QyMHZzZUtkbzJJUko2b29yYVN6UGNqMW1SaDQyLXBEMHJvT3doVnFfUGh0WGk?oc=5) · Community Newspaper Group
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2021-12-21 [Alabama’s Avadian Credit Union buys bank in year’s 13th such deal - Banking Dive](https://news.google.com/rss/articles/CBMipwFBVV95cUxQeEZ3MlhHWTJJUVFxNkRhTk5HZExBbGVGZTFkYkFrdHUzOFRNVG8tYzVwNkRjZExxU0I3RkJXd19Wd2FkVDV1bEt0RmRQTnlSRDh3VEJCOWdjaFhpaUE2Zk5LVHZWMFJ2RkVjVmYwNzFyTzJNa1JvaTlsS3VsbG9uM0JZN3Q4VHZ6ek5NOV9ScFhRdGZwUEdVR2dqdm5zN1ZCVEp4bWo4SQ?oc=5) · Banking Dive
- 2025-03-26 [Investigation underway after attempted theft of ATM in Jones County - KCRG](https://news.google.com/rss/articles/CBMimgFBVV95cUxQWlFHY3FZbHA1NFl4MFdleUJCY19XS3R3dzhZNy1ZdTRVTHI5M054bDNwclU5WGFpSU5VWFd2OG41eFg0RXkyUVpFd3lHS3hyd2xkUEp2SWsxUjRQb3pZZExhRmtYcDNMTFpBclJlUjc2ZjNoWVRtd0xmSmg3Q3U3WWZ3WW0zMzYyaDFKRGtSSDNONjhsSkk3YVBn0gGuAUFVX3lxTFA1b2xoelpjX2RfRDA3NllpdEhDLTdRckVaNFo0ZW9BRmU1b3p6WDVDNERoZ0NVblZtY0YweHNGTGVvX3lsY0hMaWdlY3U0SHBCeHN6T3FRWHJTRjlvLUtqcFg3dWlDTE80aXRBVndBQkFLdXpnSGRpS2xXbjViMXBIMnoxZEJqT3lxYWd5SkRWQXF0Yk1UclJVYU12MEl6dC1CcjFvYUUwZkVzWnFGZw?oc=5) · KCRG
- 2016-06-09 [Architect used Prairie Style on Central Minnesota banks - St. Cloud Times](https://news.google.com/rss/articles/CBMirAFBVV95cUxNMXIwUXVocERqM2lYTmM5aTdnNjVUZmo3R3hEell0OWZMWnBWVWdmOVNxZG9ndE1keHpOY1owd1pMYUd1RldsbXlfRGxhc3BhR2hpQXoycXBRTWdOR3NwTk9JQ2xRVVFpNG5zb2xpWnZzeFlLWDd5WGZkMEs1OU9KMHZWSll3TDZBMTYwb0dXczNJdDNXRHN1VWFOUWJIZFQtS3VFRXNram9nZkYt?oc=5) · St. Cloud Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9047 (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/23.json (key "9047", 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