# CONNECTION BANK
FORT MADISON, IA · FDIC certificate 955 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $540.9M | |
| Deposits | $452.4M | |
| Loans and leases | $476.2M | |
| Total equity | $55.6M | |
| Loans / deposits | 104.06% (p93 of band) | 82.04% |
| Liquid assets / assets | 6.67% (p1 of band) | |
| Uninsured deposits / deposits | 33.03% (p74 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 5.36% (p59 of band) | |
| FHLB advances / assets | 5.36% | |
| Tier 1 leverage | 9.98% (p33 of band) | 10.81% |
| Unrealized securities loss / equity | -1.46% (p83 of band) | -8.10% |
| AOCI / equity | -0.19% (p60 of band) | |
| ROA (annualized) | 1.75% (p78 of band) | 1.28% |
| Net interest margin | 3.84% (p46 of band) | 3.91% |
| Efficiency ratio | 54.04% (p28 of band) | |
| Noncurrent loans | 0.26% (p38 of band) | 0.43% |
| Net charge-offs (annualized) | 0.06% (p79 of band) | |
| Reserve coverage of noncurrent | 446.68% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 28.40% (p35 of band) | |
| Auto loans | $3.1M (0.65% of loans; DQ 4.30%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.8% | |
| Employees | 62 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)

## 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 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-03 | 1 |  | deposits shrinking, uninsured deposits leaving |
| 2016-06 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2016-09 | 1 | reserve under noncurrent | assets shrinking, deposits shrinking, uninsured deposits leaving |
| 2016-12 | 1 | capital falling | reserve under noncurrent |
| 2017-03 | 1 | reserve under noncurrent | capital falling |
| 2017-06 | 0 |  | reserve under noncurrent |
| 2017-09 | 2 | reserve under noncurrent, deposits shrinking |  |
| 2017-12 | 0 |  | reserve under noncurrent, deposits shrinking |
| 2018-03 | 1 | capital falling |  |
| 2018-06 | 0 |  | capital falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | brokered >10% |  |
| 2019-06 | 0 |  | brokered >10% |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | capital falling, expense ratio p90 |  |
| 2021-06 | 1 |  | expense ratio p90 |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | liquid assets <10% |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | liquid assets <10% |
| 2023-03 | 1 | capital falling |  |
| 2023-06 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2023-09 | 3 | wholesale funding >15% | capital falling |
| 2023-12 | 2 |  | wholesale funding >15% |
| 2024-03 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2024-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2024-09 | 1 |  | liquid assets <10% |
| 2024-12 | 2 | liquid assets <10% |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | capital falling |  |
| 2026-06 | 2 |  | capital falling |

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

- 2026-08-25 [Donors line up to help spur Sheaffer campaign - Pen City Current](https://news.google.com/rss/articles/CBMilwFBVV95cUxPdVBWSTdKM2oxMGdlTWpUQlhDQnJVS3VCU3dRcnJLQlF3T2lCTElYX0QzMWxVd1NOUHNFcEo1cVFQYmNPS1ZnZDRHZC1odVFUdE9sX2djc2VkT0gxUnVjVDFHQVVzWkdCdXEzSXBhZTZVRDJnRVpPUWlGbVk4VXNhUmdzSkpsbkRlb1BOdkN0WmlsODlINVJr?oc=5) · Pen City Current
- 2026-07-17 [Springville Police: Man arrested in connection to bank robbery investigation - WBRC](https://news.google.com/rss/articles/CBMipAFBVV95cUxOSDdyQU5BQWd1TWlwR0tSbFlTMHNqazJVNkhzcUd0MFhzOXNrYTJXZnNYbWRzcGtwSmFheXRnaHBaY1FBOEpKd3VtNnMtYVpZRTBjSHo3ZkotYUhQVW9ORW1vWTdTVjBwMUJOMlloVC0wTDhRSjVHcVBqNlg2NnpOR2lQQUxGN05fN3dDSkdWYjdGRnRtRjM0ejZBZU55SjRCcV9TbdIBuAFBVV95cUxQZXlSWVhtMTFnanlHQmhKMThFcThYRzVibmpzZG9UVWNNNVpfSUdFQ1BtN0xlRk52cjFXQjdXOEwtem5SLS10aWxha2NMdlNFR3pmOUhhZnFVTXhQNzN6ZEs1VHA5a1IteGVTUlZqaWdpS0JRWnBRYnZMSENMRGE5ZlZyaE41UWpvOTNFdndQam94ekhreGlteVBsd1JCc3NOaDlJREJtaDNHdzctWmNJaWRQSE5la1dE?oc=5) · WBRC
- 2026-06-11 [Chamber looking for a bang on nation's 250th birthday - Pen City Current](https://news.google.com/rss/articles/CBMinwFBVV95cUxNb2VBd3pMMTBmbmxrUXYwczZpS2h3TXpYVFdTWDVEMWEzWVJlVF9BRHd2R082NHdLclBzNWg3U0FfZ1o0cHN0aERFWU5GUjVHUkpxOHJCX0FvRkRrdnR5SktjNTBNRTV3TmRPdzktVi04ZVpST3pCaW5ma1lHem9fWmYyRnJPemF6dEVIdk0zNTItTkRfc3RNSFkxczQtam8?oc=5) · Pen City Current
- 2020-07-09 [Connection Bank holds groundbreaking | Daily Gate City - Keokuk, Iowa - mississippivalleypublishing.com](https://news.google.com/rss/articles/CBMi2AFBVV95cUxOblhFOXE0YXd6ekFsaktwaXhtNHJpajBfUUN4NWVuSGtvZDNndnV4LTNXTFBlVlgyVi1yczUxb3BKYS1seUZCV3czd3pGMVo0cE4wTHR6U0lmLWNlZVFlUDdGUkVRdkpWYnp4X0ZnbV9nMDNEWmJoNkxxOHNRUE1yUG9UR2Z0WmkyQ2FkdXlLQmNBYmhURWlIT3o0ZFg3T19LZjNtTHBnU3dmcDNINmkwcFN1djVodDBDU0dwLXFYdHR0RGFKVXBjV2x4YS03M2VnWnAySENybzM?oc=5) · mississippivalleypublishing.com
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Iowa - Newsweek Rankings](https://news.google.com/rss/articles/CBMiigFBVV95cUxNdDNERG9UY2kxckVvZnQwUlVpcHY4VXdGc2Q4a1RhOXNncGF5ZmZfNGFwVm5ZMGt1N2VXZGttYmZzZWluNVo5X1dQb29Jd3ExRFJGQUkydjhjWU5fUThfQktxRWxIZ1hQZXFFMmY5VXNNTkJIR2R6cThpekloYVQ5R0VZYVpYdWVPNFE?oc=5) · Newsweek Rankings
- 2025-03-19 [2 men federally indicted in connection to bank robbery in small eastern Nebraska town - WOWT](https://news.google.com/rss/articles/CBMirgFBVV95cUxPTjN1ejFpMVAwenhNTlNyczN3MU5uWmFyRkd5YkhCRUhkSHRDWkZVZ3VnWjE5ZXB6Njdxdlc1SEk1em00ajZ6dmdQaWRLbXpESUlHcWNrLW1ORmJpLWo3Wjk4cTVFNXVZWkJJVjJUNlI0TGFnRHg3bzQyRXVsSWpsMHB2dUpUUGhseHdtN21RLUt2TEt6eF9MY3U1aDdlTHhtN20zQTNCdy13eURNOGc?oc=5) · WOWT
- 2021-07-19 [Connections Bank sponsors Music in the Park - mississippivalleypublishing.com](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNU0hZZmJXY3VQT0pTTUZLellRaThLdkZ5SWFnVDducjhhdHdZckdfQ2VVV2VVX2F5M09uNDFmcEp4SlpkaUV0OV91RHVNRmRwTEUwbFBBS0hmZGlZMGsxZG9LdElmMnd3eFIxckFkek5va3FPYkROZUpmYjNoVHQ1R0RpUGNCb3NjYTViTWJESHQwTWpKb0VyQnlsSnhzZlMyUmlVaFlWZTJkTl9oeXlVaHNUQTl0Wkp3djBtRDRCTEt5VVR5d3gwcWxlU2VDVDZBT1lsTEFaVGdnS3JGRDlSNGJ1TVhUbTQ?oc=5) · mississippivalleypublishing.com
- 2022-08-06 [Doyle Hoyer Obituary (1936 - 2022) - Fort Madison, IA - Mississippi Valley Publishing - legacy.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxPd0lJWTd0VEtDc1p1bi11VTctZ3o5Y0FiOHlmR0NJYnNSLUtER0N2dldZMEFKWjlIY2gzd2JDV0d6XzJJbWRoSlF3Z1lmU3h5ZTg0NmVPaGN1NXdobGdkN3o1NkpfT2JFVFdjQjFja1kwTm8zY3hsQURma0RYbWwtWWtIUjg1M0JyblFmZ1JQcmlWOXJxUnJjc011UHplRUdvblpRWg?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=955 (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/59.json (key "955", 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