# HARWOOD STATE BANK
HARWOOD, ND · FDIC certificate 9128 · asset band <$300M · latest filing 2024-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. 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 | $47.7M | |
| Deposits | $40.1M | |
| Loans and leases | $29.1M | |
| Total equity | $6.5M | |
| Loans / deposits | 71.79% (p50 of band) | 72.07% |
| Liquid assets / assets | 29.90% (p41 of band) | |
| Uninsured deposits / deposits | 20.19% (p55 of band) | 18.87% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.61% (p47 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.52% (p8 of band) | 11.60% |
| Unrealized securities loss / equity | 0.18% (p95 of band) | -10.38% |
| AOCI / equity | -0.17% (p1 of band) | |
| ROA (annualized) | 0.96% (p53 of band) | 0.91% |
| Net interest margin | 4.96% (p90 of band) | 3.54% |
| Efficiency ratio | 64.09% (p35 of band) | |
| Noncurrent loans | 2.79% (p94 of band) | 0.27% |
| Net charge-offs (annualized) | 0.02% (p70 of band) | |
| Reserve coverage of noncurrent | 34.85% | |
| Real estate % of loans | 52% | |
| Construction % of loans | 3.80% (p26 of band) | |
| Auto loans | $304,000 (1.04% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -3.0% | |
| Employees | 6 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, charge-offs p90 |  |
| 2011-06 | 1 |  | charge-offs p90 |
| 2011-09 | 0 |  | losing money |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 0 |  | uninsured deposits leaving |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | construction >100% equity |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 | capital falling | construction >100% equity |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | construction >100% equity |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 | capital falling | construction >100% equity |
| 2015-12 | 0 |  | capital falling |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2016-09 | 2 | capital falling | reserve under noncurrent |
| 2016-12 | 1 |  | uninsured deposits leaving |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | reserve under noncurrent |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | reserve under noncurrent |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | NIM <2.5% |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | capital falling |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 0 |  | NIM <2.5% |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 2 | losing money, deposits shrinking |  |
| 2023-09 | 1 | NIM <2.5% | losing money, deposits shrinking |
| 2023-12 | 2 | leverage <7% |  |
| 2024-03 | 3 | noncurrent p90, reserve under noncurrent, deposits shrinking | NIM <2.5%, leverage <7% |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | deposits shrinking |

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

- 2008-08-22 [Bankers group elects board members - InForum](https://news.google.com/rss/articles/CBMic0FVX3lxTE9hY1FSZUIwS2pMdXY0NVZld1pXYW1MLVVQaF9sd1RSTGRuU2JaNF8xMHhlaWhid1JxMTJHUk5kZEw5WGI0ZjBrRW5RMlN4eW8xRW1DYlFqYjR1dnd3Q2N1N0NKV0M4RTJHdFZNUmNjUEE2NTg?oc=5) · InForum
- 2018-11-10 [Obituary for Shirley Rae (Monette) Anderson - West Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBKb3JoRXNsa1pGY01qcXIxN3NXU1dMTmZCN2owRlFndlo3djhNWGhXNW1fbXBjRWhDMXNXVHBrbmpfSmtTSkJlaUJJZEpFYkd3elNtd3diY0UyRFJrZzc3MzhIMC1SQVJT?oc=5) · West Funeral Home
- 2024-08-06 [Frances Louise Folstad Obituary (2024) - Fargo, ND - Hanson-Runsvold Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNd09KU1ZtVG1rYVdNY0VqVDdGcGlFX3d2WnZNak1WLUxuU3Y0QllIcjM2bm9aYlZaVUhaZ3BiQzRoRG8yaGlNNUdzaW0zR2I4dmpxdmRZSFcyeFBjdFBhT2QzOXludGQyTE0zYlM0NTVuRUMwTWJTU2w0d0Z6Q0xTUFZrLXE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9128 (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/40.json (key "9128", 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