# READLYN SAVINGS BANK
READLYN, IA · FDIC certificate 9300 · asset band <$300M · latest filing 2026-06 · live

**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 | $148.3M | |
| Deposits | $111.6M | |
| Loans and leases | $96.1M | |
| Total equity | $26.9M | |
| Loans / deposits | 84.90% (p71 of band) | 73.59% |
| Liquid assets / assets | 33.59% (p52 of band) | |
| Uninsured deposits / deposits | 23.57% (p64 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 6.26% (p76 of band) | |
| FHLB advances / assets | 6.26% | |
| Tier 1 leverage | 19.30% (p89 of band) | 11.76% |
| Unrealized securities loss / equity | -9.03% (p42 of band) | -6.57% |
| AOCI / equity | -0.73% (p35 of band) | |
| ROA (annualized) | 1.77% (p79 of band) | 1.17% |
| Net interest margin | 3.26% (p20 of band) | 3.93% |
| Efficiency ratio | 42.53% (p5 of band) | |
| Noncurrent loans | 3.04% (p92 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 46.06% | |
| Real estate % of loans | 51% | |
| Construction % of loans | 0.06% (p18 of band) | |
| Auto loans | $1.2M (1.25% of loans; DQ 6.16%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.3% | |
| Employees | 11 | |

## 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 | 1 | wholesale funding >15% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | wholesale funding >15% |
| 2012-09 | 0 |  |  |
| 2012-12 | 1 | capital falling |  |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 0 |  | capital falling |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 | wholesale funding >15% | capital falling |
| 2015-03 | 0 |  | wholesale funding >15% |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | uninsured deposits leaving |  |
| 2015-12 | 0 |  | uninsured deposits leaving |
| 2016-03 | 2 | wholesale funding >15%, deposits shrinking |  |
| 2016-06 | 4 | loans exceed deposits, uninsured deposits leaving |  |
| 2016-09 | 2 |  | loans exceed deposits, uninsured deposits leaving |
| 2016-12 | 3 | uninsured deposits leaving |  |
| 2017-03 | 2 | loans exceed deposits | deposits shrinking, uninsured deposits leaving |
| 2017-06 | 3 | capital falling |  |
| 2017-09 | 1 |  | wholesale funding >15%, capital falling |
| 2017-12 | 0 |  | loans exceed deposits |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | loans exceed deposits |  |
| 2018-09 | 2 | wholesale funding >15% |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | wholesale funding >15% |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | loans exceed deposits |
| 2020-03 | 1 | loans exceed deposits |  |
| 2020-06 | 1 | capital falling | loans exceed deposits |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 2 | capital falling, uninsured deposits leaving |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 0 |  | uninsured deposits leaving |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | AOCI drag >20% of equity |  |
| 2022-12 | 1 | assets shrinking | AOCI drag >20% of equity |
| 2023-03 | 1 | deposits shrinking | assets shrinking |
| 2023-06 | 2 | assets shrinking |  |
| 2023-09 | 3 | loans exceed deposits, uninsured deposits leaving | assets shrinking |
| 2023-12 | 2 |  | deposits shrinking |
| 2024-03 | 2 | capital falling | uninsured deposits leaving |
| 2024-06 | 1 |  | capital falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | loans exceed deposits |
| 2025-03 | 1 | capital falling |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | capital falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 2 | noncurrent p90, reserve under noncurrent |  |

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

- 2019-02-27 [Readlyn Savings Bank CEO Traeger celebrates 30 years - Community Newspaper Group](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNZWFiMDlIR3BHN2pmS2pKNko3NjVXekNSQmJrdVhKbHN4eWgyZXdEYkMtaGxISnRKNTJuSlN3dldDUDJfZUk4WVQyRTlVdndpMTFUMTYwa3RKNWJiN0J3ZXZXZFQySlo0V1lPaVdDTTE5ODJTdVg3aXJWc3VzdmdQeDhYekpUekx1cDFwbWt5NE5aTE5sWXR3M3JvMGt4UU1HSHZ6U3p0VmJwclRiQkdtX1Y0T3RTVE9wZlpBdTdkZHFNNzBOX0R2RE5PUWJ6VThxMGlPMWl2WkwwQmlGRWhRb1dWR29DLU5YdFVVcHphNVZHNk0?oc=5) · Community Newspaper Group
- 2022-10-04 [Virgil Matthias Obituary (1936 - 2022) - Readlyn, IA - Waverly Democrat - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxNVGdXVjlDNXQ3d2FlRGNzMllRekNKX29IOUJwTU4zRGVlYnlrRFpiLWUxLUtaTjRSSnRrZlBBcVlIOERGalRBTEJRQlVSS0FULVd3cW92cFRrdGNtS08wUXp3VnlwYXRlNXNTdzZCUjJTQm1tbEw4TE4wQ3EwN0hSeWtPb0p2eVlhNWdnQUFQemNmRUVUbGt3Tmh3?oc=5) · legacy.com
- 2026-06-16 [Readlyn Grump Days to take place June 19-21 - Community Newspaper Group](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQX1R4bkpyd0VLVjN3TjNnY1RSZk0tLXYzVmNaS1k0MDF4SV90OXhwMElkMGZTRVVWYmJyc1dQSFpzUDF6RjNfSWJYYzI5alZLOVlyTi14eGxJME85V3dpVS1HbTJBMGlyVVdVTDBhQWl6YWZLWHpRRHFrT2JkZzdrOGJfaXdBS0pyYzZwT09KSnFrWnRNTFNlYmJoTTl4VXlpMnpSalNEOEdwNXFRS3A5dkp2T2V5UzhRdTltUlB5c0wxRDdYa3ZDYkdvUU10aUVJN2V0ZV9fQnNWT2c3d000US0zQUM5RGFuclNqTmxXS1dnU0N0Wnc?oc=5) · Community Newspaper Group
- 2023-04-18 [Eugene Matthias Obituary (1935 - 2023) - Denver, IA - Waverly Democrat - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQT1RQLWRENDJzaU9HdjZHRFJZc2p2ajBPWUttbVVQQVV3dFQteTctd2lNWlpERy0wNzE2OUhfNVcyUkktNTRtYzRMTGo0eDloaEpiSm5OV2JmNk90TEtTX2hVUHNWNUo3TVdUVDZUNGdrZkFhbVFaZ1RYVm1MVF9DUGxNZ0hoTnloekVUc3c3SElfM28yOFVSMFZB?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9300 (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/20.json (key "9300", 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