# LIMESTONE BANK INC
LOUISVILLE, KY · FDIC certificate 9314 · asset band $1-10B · latest filing 2023-03 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. Composite score 1 (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 | $1.49B | |
| Deposits | $1.23B | |
| Loans and leases | $1.14B | |
| Total equity | $168.7M | |
| Loans / deposits | 91.50% (p68 of band) | 83.00% |
| Liquid assets / assets | 18.67% (p31 of band) | |
| Uninsured deposits / deposits | 10.74% (p6 of band) | 30.20% |
| Brokered deposits | 9.49% | |
| Wholesale funding | 14.87% (p75 of band) | |
| FHLB advances / assets | 5.38% | |
| Tier 1 leverage | 11.80% (p83 of band) | 9.87% |
| Unrealized securities loss / equity | -14.20% (p61 of band) | -19.05% |
| AOCI / equity | 0.87% (p36 of band) | |
| ROA (annualized) | 1.33% (p68 of band) | 1.05% |
| Net interest margin | 3.79% (p69 of band) | 3.38% |
| Efficiency ratio | 52.54% (p26 of band) | |
| Noncurrent loans | 0.08% (p21 of band) | 0.26% |
| Net charge-offs (annualized) | -0.03% (p4 of band) | |
| Reserve coverage of noncurrent | 1637.20% | |
| Real estate % of loans | 74% | |
| Construction % of loans | 77.05% (p65 of band) | |
| Auto loans | $4.1M (0.36% of loans; DQ 0.22%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 208 | |

## Flags firing in the latest filing

- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 5 | losing money, expense ratio p90, charge-offs p90, construction >100% equity |  |
| 2011-09 | 5 | capital falling | construction >100% equity |
| 2011-12 | 7 | leverage <7%, noncurrent p90 |  |
| 2012-03 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money, expense ratio p90, charge-offs p90, capital falling, leverage <7% |
| 2012-06 | 6 | charge-offs p90 |  |
| 2012-09 | 8 | leverage <7%, losing money |  |
| 2012-12 | 8 | capital falling | uninsured deposits leaving |
| 2013-03 | 8 | expense ratio p90, uninsured deposits leaving | losing money, capital falling |
| 2013-06 | 9 | losing money |  |
| 2013-09 | 9 |  |  |
| 2013-12 | 8 |  | losing money |
| 2014-03 | 7 |  | uninsured deposits leaving |
| 2014-06 | 6 | losing money | deposits shrinking, assets shrinking |
| 2014-09 | 6 |  |  |
| 2014-12 | 8 | deposits shrinking, assets shrinking |  |
| 2015-03 | 6 |  | losing money, deposits shrinking |
| 2015-06 | 7 | losing money |  |
| 2015-09 | 9 | deposits shrinking, uninsured deposits leaving |  |
| 2015-12 | 7 |  | noncurrent p90, uninsured deposits leaving |
| 2016-03 | 3 |  | reserve under noncurrent, charge-offs p90, expense ratio p90, losing money |
| 2016-06 | 5 | expense ratio p90, reserve under noncurrent |  |
| 2016-09 | 3 |  | assets shrinking, deposits shrinking |
| 2016-12 | 4 | losing money |  |
| 2017-03 | 1 |  | expense ratio p90, reserve under noncurrent, losing money |
| 2017-06 | 0 |  | leverage <7% |
| 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 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | charge-offs p90 |  |
| 2022-03 | 0 |  | charge-offs p90 |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | uninsured deposits leaving |  |

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

- 2022-03-14 [Limestone Bank Announces Opening of New Banking Center in Owensboro - Business Wire](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNTjBGQzB0eU1oLUdFa00ySGlpWVQxLTdXd3Z2SksySHRWQXRkbWRUYXliTGp5dFJmUkt3VW1lbWExWWFSWno0azNyZ2VWNWNRNEljbk9yTHA1Vk5yS0JIWXdfYUt2UXI3R1otM2NmUEg5d0paN0hNQmduanBxaDNVQ3UyVTZEVXlSTFFzZFkwSXh5QmtuVzNMMU1oTDJPc3RLUUloNzRCaHg0dTNESE0yLVJ2Q2M0VFlhc3NZbGZwODM2Zw?oc=5) · Business Wire
- 2019-03-22 [IN PERSON: Limestone Bank counsel Stephanie Renner's law background is rooted in small business - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQWmt3UFRlN09mZGpGR3FwaGVIUW1xM0U3RGtWY1M3dUc0OUJrN1MtVXA5R2NzcjJuamlGTFNGdnVTRnFpWXl2NExFeVdUcTEyZHBSX0RLOVh6Z3ZjRVZKRmtXSzBoV2o5cklMbFRFeTJ2ZWNINkJqX0I1dnd3d0phbV9OZ05ka0ZTNDlQSlkyZW91UExfOXpxOG1yTlg2TnRjVzg3OGo1Y2h6WU5mdF9F?oc=5) · The Business Journals
- 2023-05-01 [Peoples Bancorp Completes Acquisition Of Limestone Bancorp - citybiz](https://news.google.com/rss/articles/CBMingFBVV95cUxOblBUZzduWGUtODlVRjVVOXZiWnNjdzBtWjlsQll0ZF9qU2lvNG5CTWJkR01BcHBZUEc2Nll1T181c3VuVjJPN1ZLSXdfc1JqR1MzZ0FOQmF1ZHZhaHFxVHNMQjVRZFpUWU84dGRIc1l5dUV2cksySDFjMjZPckRabVo1Y2NjNElHRmR1blIzanYxMmxacElNd2J3aU1UQQ?oc=5) · citybiz
- 2021-03-24 [Limestone Bank Announces Opening of New Branch in St. Matthews - Business Wire](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQTzcyc1F4UHdVVmd6T0pEanQ1U2U2NWpvdVpJSVE2V2RZQ2JxTDVJRlhDbWFaYVh5dGRfZ0tLV0tPUy14YkFFTC0wMmNadmRKb3l0VXB5TVk5cUd5b2RnbUFJTVk4RjN2b3RTblRSOTI1ZGJ1ZDZXR3lwQkQzMjZOZHJINHQ2ZWU2WWJFdXFXaHNOQVdfSmJXYWhFTV84UmdhcEtNNEI0WWp5M1VlanEwbnVaVjc2cHpFY2ln?oc=5) · Business Wire
- 2025-11-24 [2025 Bingham Fellows Deliver Three Solutions to Address Louisville’s Workforce Housing Challenges - VOICE-TRIBUNE](https://news.google.com/rss/articles/CBMizAFBVV95cUxQcUJuVFVFUXp1ZHo2T0p6RkYxV2FLMndPYng1Xy1COW5iT1VuZVMwd0o3ZWRQTVljdURadlRFN0loUmZRQ2xLWi1hRXhRSmhKajZlVDNDYUdlLVFWYVM1Y2VGekNwcUw3VTFtb3BsaTRodHFPMjZXSW9JVnc1RU5pN1hZV3JpTTdfTEtQYlpPQWtaQko4cVlWN25fTkJwUTM5cTlmRzBmX2JOMmFwZmdlT3ZlT3RoamxOcTZXcEpmdGpoRDVSczFWWlFjTDA?oc=5) · VOICE-TRIBUNE
- 2020-11-04 [Limestone Bank Appoints New Market President - Business Wire](https://news.google.com/rss/articles/CBMiowFBVV95cUxOOE5nM2djRzdDbWV3eXY4bGt5RnNENUJ5ZDg1VGU3VXFhSjI0Q0Y3TzZDcDFwdXB2Nmt2X1hXVHlxUkRfb05CUzRBUTVCRUZjVTcwRkhvbWFJV1dWbmVWWS1Xc0k4cUtGVTlaTkdvTDJFMXpHbHBxbG95SzRLVWtTVTBiNHZzeExGcElkVDBDbl9NUjNWMDdJOUo4ZHpKckNaa0lz?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9314 (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/34.json (key "9314", 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