# DIXON BANK
DIXON, KY · FDIC certificate 9668 · asset band <$300M · latest filing 2022-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $67.8M | |
| Deposits | $53.2M | |
| Loans and leases | $14.1M | |
| Total equity | $9.5M | |
| Loans / deposits | 25.74% (p6 of band) | 59.63% |
| Liquid assets / assets | 73.75% (p94 of band) | |
| Uninsured deposits / deposits | 9.51% (p12 of band) | 20.09% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.44% (p87 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.48% (p35 of band) | 10.37% |
| Unrealized securities loss / equity | -7.43% (p60 of band) | -10.87% |
| AOCI / equity | -1.05% (p77 of band) | |
| ROA (annualized) | 0.38% (p26 of band) | 0.73% |
| Net interest margin | 1.61% (p5 of band) | 2.97% |
| Efficiency ratio | 104.74% (p94 of band) | |
| Noncurrent loans | 2.58% (p94 of band) | 0.26% |
| Net charge-offs (annualized) | -0.01% (p18 of band) | |
| Reserve coverage of noncurrent | 120.33% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 24.82% (p59 of band) | |
| Auto loans | $704,000 (4.98% of loans; DQ 3.69%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -14.1% | |
| Employees | 2 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 3 | capital falling, charge-offs p90 |  |
| 2011-12 | 2 |  | charge-offs p90 |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | AOCI drag >20% of equity |  |
| 2013-12 | 2 | securities losses >30% of equity |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity, securities losses >30% of equity |
| 2014-06 | 1 | uninsured deposits leaving |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | uninsured deposits leaving |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | noncurrent p90 |  |
| 2016-12 | 0 |  | noncurrent p90 |
| 2017-03 | 2 | deposits shrinking, assets shrinking |  |
| 2017-06 | 1 | noncurrent p90 | deposits shrinking, assets shrinking |
| 2017-09 | 0 |  | noncurrent p90 |
| 2017-12 | 1 | noncurrent p90 |  |
| 2018-03 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2018-06 | 2 |  | charge-offs p90 |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | charge-offs p90 |  |
| 2019-06 | 2 |  | charge-offs p90 |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | charge-offs p90 |  |
| 2020-03 | 6 | NIM <2.5%, deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2020-06 | 3 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2020-09 | 4 | deposits shrinking |  |
| 2020-12 | 4 | uninsured deposits leaving | deposits shrinking |
| 2021-03 | 6 | capital falling, losing money, expense ratio p90 | uninsured deposits leaving |
| 2021-06 | 3 |  | noncurrent p90, reserve under noncurrent, losing money |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 3 | losing money |  |
| 2022-03 | 7 | capital falling, noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving | losing money |

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

- 2022-02-14 [United Community Bank set to acquire Western Kentucky's Dixon Bank - thegleaner.com](https://news.google.com/rss/articles/CBMiwwFBVV95cUxQUGhVeHhTTjMxVWYzYTJocE8wRVlfYThidlREczlQR0dHbmR1c2FzLWxRMXVKTWZndmEtZnZJR2kzTXVCN0pZSHJsS1VpTGdUVExHRmZnVi1uM25UbEVJbTQ0b1V5WVktYjVPWWFvOGhJVkplVzF5T20zRWlBZjI1a3ZRUGFKYUl4M19NOUttNzhEMHRsVWlPOUlhaDlJWWdkT1dlcHBJWWVGYVpMZUhYVTZjRllxNkM2dzBCLXVkZ2NGN2c?oc=5) · thegleaner.com
- 2026-05-07 [United Community Bank marks 25th anniversary - the-messenger.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxPSXhPTHBJWlZpcktaRmRkZVBrcWhST3Q2UVN3NGU1eFhPeEdBWW14b3FhOE1RVmd0OFprM1EwNGtMV19ac1l2Tk5GS1UxMDdTUW1JakVKeDFYLXBLRElhVEp6UmE4VTBGaEdjRm8xSS1OcWhETG5YN1hyRllxSURGMlIyOEpITzZEV00tQjY5SXZhY2VLMS1CMDZHVzJjOUNGN0prXzdOdHF5b0lFUlE?oc=5) · the-messenger.com
- 2022-03-31 [Fredonia Valley Bank Welcomes New President/CEO - WPKY](https://news.google.com/rss/articles/CBMinAFBVV95cUxOOTJXVHRPTVl6OTJrbWRjY3NMWjM3Y3FCMjBUdmJpUkhZRDNSbnQ3UUwwX0JVdnZrQzBNMGNndW9PSUxjZFV1OUg3cjFXR3k2SjUxQ0paSndNYjBXMUMwOGxLZklvLWIyVzE3b0dvR0xZT1c0djVpN1FwekUwV3pteGtxX3dBbG15RlJ4aS1QQzlzXzlvQVFRQXRrUzg?oc=5) · WPKY
- 2018-12-10 [Jamie Vaught: Book about Boston Celtics glory days brings back memories of UK great Frank Ramsey - Northern Kentucky Tribune](https://news.google.com/rss/articles/CBMixgFBVV95cUxQSVJ0TXAtOVpTY1h1Ql9EYWZxWWtzdERVcTREZHRjaVpzbXpnNEZCY2N3Zkp4RDJOUC1nNEdXYnlEQzBlRkppTFNVNkNrbHdSLTdWYWlnSHhuRzVZTHp2b2ltcC13elEzRVpndmtOSGFHWm1wbGQzRkt3c2drb213c1llRUltME4wQmpNUFhEenAyQjRNZzhub0hrOHc0X2FQQWc5ME1EOXFZQnFYeG9keU94aXg5OGdYem5ZaHBaOUJmRkVfdnc?oc=5) · Northern Kentucky Tribune
- 2022-02-22 [Q&A with Cirque Mechanics, a contemporary circus group performing in Henderson - thegleaner.com](https://news.google.com/rss/articles/CBMixgFBVV95cUxPYW1VZ2I0LXZZYWp0NnphWndHeUZhc1l3a2RLei1xYTA1VUJva0ZvMlpjSzNNV2pqTzhhZHgyaXhiOWZ6MXhDWFN6em9ZWFB1MmZ3SXhha1FSdkkweldqSjk1YldETVcyRkRmUmk5QjBDNlUwYm9HOXFWb2tGQ1hZTzFCd0RlRzFhazNkUjNRbjI3R3NHUFoxQ2kxTjNPaGdMNk4xOTl0cUFUN0toY01ZWTlwaFhIM3Z2WnY0M2pTNVMwTTBZZHc?oc=5) · thegleaner.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9668 (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/4.json (key "9668", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide