# GLENWOOD STATE BANK
GLENWOOD, IA · FDIC certificate 956 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $352.9M | |
| Deposits | $307.7M | |
| Loans and leases | $166.2M | |
| Total equity | $43.3M | |
| Loans / deposits | 53.40% (p8 of band) | 82.04% |
| Liquid assets / assets | 52.25% (p94 of band) | |
| Uninsured deposits / deposits | 26.75% (p54 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.21% (p27 of band) | |
| FHLB advances / assets | 0.21% | |
| Tier 1 leverage | 12.45% (p73 of band) | 10.81% |
| Unrealized securities loss / equity | -3.26% (p71 of band) | -8.10% |
| AOCI / equity | -2.42% (p5 of band) | |
| ROA (annualized) | 2.69% (p96 of band) | 1.28% |
| Net interest margin | 4.00% (p55 of band) | 3.91% |
| Efficiency ratio | 30.96% (p1 of band) | |
| Noncurrent loans | 1.51% (p83 of band) | 0.43% |
| Net charge-offs (annualized) | 0.10% (p84 of band) | |
| Reserve coverage of noncurrent | 73.62% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 60.36% (p64 of band) | |
| Auto loans | $4.6M (2.77% of loans; DQ 1.02%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 10.9% | |
| Employees | 38 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | NIM <2.5% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 1 |  | capital falling |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | capital falling |  |
| 2015-09 | 1 |  | capital falling |
| 2015-12 | 1 |  |  |
| 2016-03 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2016-06 | 1 |  | noncurrent p90, reserve under noncurrent |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2018-03 | 2 | losing money | deposits shrinking, uninsured deposits leaving |
| 2018-06 | 4 | capital falling, deposits shrinking, uninsured deposits leaving | NIM <2.5% |
| 2018-09 | 1 |  | capital falling, deposits shrinking, uninsured deposits leaving |
| 2018-12 | 0 |  | losing money |
| 2019-03 | 1 | reserve under noncurrent |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | reserve under noncurrent |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | capital falling, NIM <2.5% |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 5 | capital falling, securities losses >30% of equity, losing money, expense ratio p90 |  |
| 2022-06 | 6 | AOCI drag >20% of equity |  |
| 2022-09 | 4 |  | capital falling, losing money |
| 2022-12 | 4 |  |  |
| 2023-03 | 2 |  | expense ratio p90, AOCI drag >20% of equity |
| 2023-06 | 5 | noncurrent p90, reserve under noncurrent, deposits shrinking, uninsured deposits leaving | securities losses >30% of equity |
| 2023-09 | 4 |  | uninsured deposits leaving |
| 2023-12 | 3 |  | deposits shrinking |
| 2024-03 | 2 |  | NIM <2.5% |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | noncurrent p90 |
| 2025-09 | 1 | charge-offs p90 | reserve under noncurrent |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 | reserve under noncurrent | charge-offs p90 |

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

- 2023-05-30 [John Dean Left A Lasting Legacy In Glenwood Community - The Opinion-Tribune](https://news.google.com/rss/articles/CBMijgFBVV95cUxQNkdNb2p4Qkkzd2RmblBtTUF3dVpNdmZVTkZScEoxaGFYWUNmOFZ1LW0zdkZtQ3g0OW1CRTVtVUc0aDVmTGJGNWZja2cxbkszNFkycFdheFZ5M003RXBkQlJnbjBLUVZHWGU5d1RDR21vejdCVjNTdFdqdlg3ZVhDcGphOER3RGp4SF85VHFR?oc=5) · The Opinion-Tribune
- 2024-10-30 [Man arrested after police respond to bank robbery in southwest Iowa - WOWT](https://news.google.com/rss/articles/CBMimgFBVV95cUxOZm9SdF9teDRTMDZfSmFkWTZtZzNyV1hoZmxiU1R1b3R1MGhOU2IxR0tqQ3NmeUo4OFV6Y1dsWVBXaHZrQXVBNUl3dC02V0xUVFdhSTFTbElyUng2N0NzSUN6YTZndGJuZWJla1QtVzgtUHNacFJ0Z0s3dVU1VFdteTRyZFBaU2daYXdnZWd1VnZMNFNvV3hSVmN3?oc=5) · WOWT
- 2025-02-06 [Seasoned Glenwood newspaper editor says job is 'keeping the diary' of his community - KMTV 3 News Now Omaha](https://news.google.com/rss/articles/CBMivgFBVV95cUxQY181OXZpR3k3bTl3NjdoS1E5dVQzbXJrR3hZUlhTZlNhU1VWT0NSY0swVG4yeUczbjdPME9JNkYzR19xMTh6VnRGcGNCM3dxb2RIcEo4WXBCUU0wZ2J5Mlg0SWtpdWZGNng0T0FIRDAzWGdGTmVLQkQza0hnWDYwbzljSzVDd0g3S1RMMnk0QmIweDgwTUx4UUpsQmhVOVlrR29jN3RWcE5hWUN0LUNRNl9kc05CYzM5TmZvQmZ3?oc=5) · KMTV 3 News Now Omaha
- 2026-05-28 [Kaden Frye Obituary (2008 - 2026) - Glenwood, Iowa, IA - Monroe County Beacon - Legacy obituary](https://news.google.com/rss/articles/CBMiigFBVV95cUxQbkxFVl84aENsRnNrQ0dETXI5M0hQMGlWWlVEMUVHVlpXdVdVMU1mVHQxLVpfQWVqN29yLWJhRTFzRlFjTXNBWmVlRE5GSWs4Yk8tMlhKcy1uMHZjOG51THM2YmlDaW04Y2d6QlpIVWt5cG5yRllWMms4QVVGV1FodVpEbENTZUMwc2c?oc=5) · Legacy obituary
- 2025-06-24 [Kiwanis Nearing Fundraising Goal For Hiley Park - The Opinion-Tribune](https://news.google.com/rss/articles/CBMiggFBVV95cUxQMDFseUN0czhnNExTeEVwcnoycmF0WWZWMWdhVzR5eTlfNGFFaHpuU0xyYUNLQlhlVktjcWtOV2VvUjRHVXZPNDN0b3o0NXVVMXFqWVlhQTMwYVQ2YnJaNTc0SWxyTzI1bEUzeFlxanlqTzg5SGlOczdrYTVvTkd6Vmh3?oc=5) · The Opinion-Tribune
- 2023-05-31 [John Dean Obituary (2023) - Glenwood, IA - The Daily Nonpareil - Legacy obituary](https://news.google.com/rss/articles/CBMikgFBVV95cUxNN2I5cUxEbFVFN3BORk9RSE92OWRMa1d3MEFCYTdiTm5XTWJfM09KRzk3Qzl1U1VVMUhLN1U4RllXMXR2d0xHalQwTmxNeWp3UjRDcllyc0plTW1EbU9neUk2RFk1ZlktS3dNTGJLRXk0MkZFMXJWYXhsY1hWeVlRTTJBSzVYclk1b0xuY3NxQ0otUQ?oc=5) · Legacy obituary
- 2024-12-18 [New GLENWOOD Sign Welcomes Highway 34 Motorists To City - The Opinion-Tribune](https://news.google.com/rss/articles/CBMikwFBVV95cUxNb1B4aGtzMlE2RGhHaHdva1lvMVR4TV8yazJOZE5FSjdqMVpqb3NBcEVXeXdmNUxwZDlRT1lrZkxtSFdaTEZ3NWx0X1FMaXNGNnp4ZjBqVGJ2NTVUR1hXWDVGaFdGVVdycktmZmJiY1VxWHlZbHFnSjZkQkFyV0stbXVHeU1DakR3ekdPeU1sUW5CYlU?oc=5) · The Opinion-Tribune
- 2026-03-05 [Kiwanis Club Moves Forward With Hiley Park Improvement Project - The Opinion-Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxORUlSZ2pLU3dkaDRHanZFX3RKTGFWOS1qUXR6dGpFZFdSbUxLNmFmbXdQRWZiTDVjTUhFMUJCalkyek9US2Z0dTF5bzJjQVJkWld3N0I2UlV6bTRHOTA5cnlzcXRrRnBtaC1NbEFUTEdtbXotanRCUlVqaTU4blVkVlNBUWpjMFVXZHN3VHFfY3FERkRGZjdCWjJ3?oc=5) · The Opinion-Tribune

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=956 (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/60.json (key "956", 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