Bank Safety Analysis
Is The State Exchange Bank Safe? Mankato, Kansas
Based on its Q3 2026 call report, The State Exchange Bank meets the community bank leverage ratio test for well capitalized, its Texas ratio is 1.17%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer: is The State Exchange Bank safe?
On its Q3 2026 call report, The State Exchange Bank's Community Bank Leverage Ratio is 12.16%, above the 8% threshold that makes a community bank well capitalized.
- CET1 ratio (Q3 2026): not reported (community bank leverage ratio filer)
- Community Bank Leverage Ratio (Q3 2026): 12.16%
- Texas ratio (Q3 2026): 1.17%
- Noncurrent loans ratio (Q3 2026): 0.23%
The State Exchange Bank is an FDIC-insured commercial bank (FDIC Certificate #17375). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report The State Exchange Bank (FDIC Certificate #17375) filed for the quarter ended September 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
The State Exchange Bank passes all 5 safety dimensions, with capital, asset quality, and stress buffers above the concern bands.
Nonperforming loan ratio (nonaccrual plus 90+ days past due) dropped 1.62 percentage points in Q3 2026, from 1.85% to 0.23%. It was the largest change from Q2 2026 among the key lines here. The State Exchange Bank ranks 71st of 182 Kansas banks on leverage ratio, in the upper half at 12.16% (Q3 2026). The State Exchange Bank reported 12.16% on leverage ratio for Q3 2026, 0.72 points below the 12.88% median for banks in the < $100M asset tier. From Q4 2023 to Q3 2026, The State Exchange Bank's Texas ratio ranged between 1.17% (Q3 2026) and 12.32% (Q2 2025). Between Q3 2025 and Q3 2026, The State Exchange Bank's nonperforming loan ratio (nonaccrual plus 90+ days past due) fell from 2.48% to 0.23%, Texas ratio fell from 10.09% to 1.17% and return on assets rose from 1.19% to 1.27%.
By total assets at Q3 2026, The State Exchange Bank is the 167th largest of the 182 banks headquartered in Kansas. Agricultural production loans are its largest loan category, $5.9M of $18.0M in total loans on its September 30, 2026 call report. Against the 567 banks with under $100M in assets for Q3 2026, The State Exchange Bank's community bank leverage ratio of 12.16% is below the 12.88% median, nonperforming loans ratio of 0.23% is below the 0.36% median, Texas ratio of 1.17% is below the 1.89% median, and efficiency ratio of 59.18% is below the 69.32% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
Held-out test AUC 0.925 for the 1-year horizon (v20261103_032653). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety.
How does The State Exchange Bank score on capital, credit and costs?
Peer cohort: Under $100M (568 banks) · Industry averages as of Q3 2026.
Median of the 567 banks with under $100M in assets, Q3 2026: 12.88%.
Median of the 567 banks with under $100M in assets, Q3 2026: 12.88%.
Median of the 567 banks with under $100M in assets, Q3 2026: 0.36%.
Median of the 567 banks with under $100M in assets, Q3 2026: 1.89%.
Median of the 567 banks with under $100M in assets, Q3 2026: 69.32%.
Does The State Exchange Bank trip any risk screens?
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | — | Not reported |
| Texas ratio BankRegReports band | 1.17% | Within range |
| Nonperforming loan ratio BankRegReports band | 0.23% | Within range |
| Uninsured deposit share BankRegReports band | — | Not reported |
| Loan-to-deposit ratio BankRegReports band | 44.05% | Within range |
| Commercial real estate to capital supervisory threshold | 17.69% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Within range |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 1.17% |
| Q2 2026 | 7.20% |
| Q1 2026 | 7.43% |
| Q4 2025 | 7.35% |
| Q3 2025 | 10.09% |
| Q2 2025 | 12.32% |
| Q1 2025 | 2.19% |
| Q4 2024 | 2.15% |
| Q3 2024 | 2.12% |
| Q2 2024 | 2.14% |
| Q1 2024 | 1.87% |
| Q4 2023 | 1.83% |
Loans by type, Q3 2026
- Agricultural production loans: $5.9M
- 1-4 family residential loans: $3.0M
- Construction and land development loans: $849K
- Auto loans: $717K
- Other consumer loans: $613K
- Owner-occupied commercial real estate loans: $507K
- Leases: $443K
- Commercial and industrial loans: $397K
How have The State Exchange Bank's safety ratios changed?
| Quarter end | Total assets | Leverage (CBLR) | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|
| Sep 30, 2026 | $44.3M | 12.16% | 0.23% | 1.17% | 59.18% |
| Jun 30, 2026 | $50.9M | 12.25% | 1.85% | 7.20% | 64.59% |
| Mar 31, 2026 | $46.8M | 12.06% | 2.08% | 7.43% | 58.08% |
| Dec 31, 2025 | $55.8M | 12.23% | 1.84% | 7.35% | 88.13% |
| Sep 30, 2025 | $42.5M | 13.34% | 2.48% | 10.09% | 53.40% |
| Jun 30, 2025 | $43.6M | 12.84% | 2.67% | 12.32% | 68.28% |
| Mar 31, 2025 | $46.1M | 12.08% | 0.51% | 2.19% | 66.54% |
| Dec 31, 2024 | $50.4M | 12.38% | 0.46% | 2.15% | 91.96% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is The State Exchange Bank FDIC insured?
Yes. The State Exchange Bank is an FDIC-insured commercial bank (FDIC Certificate #17375). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is The State Exchange Bank well capitalized?
On its Q3 2026 call report, The State Exchange Bank's Community Bank Leverage Ratio is 12.16%, above the 8% threshold that makes a community bank well capitalized. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are The State Exchange Bank's key safety ratios?
For Q3 2026, The State Exchange Bank reports leverage 12.16%, Texas ratio 1.17%, noncurrent loans 0.23%. Its Texas ratio compares with the 1.89% median for the 567 banks with under $100M in assets.
What happens to my deposits if The State Exchange Bank fails?
For Q3 2026, The State Exchange Bank reported $40.8M in total deposits. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Free to use and updated each quarter. It states no rating or capital category.
Where does this data come from?
Not investment advice. See the full The State Exchange Bank profile.
How we score this
The State Exchange Bank elects the community bank leverage ratio, so it reports no risk-based capital ratios. Under Prompt Corrective Action (12 CFR 324.403) and that framework it is well capitalized above 8% from July 1, 2026 (9% before), with a grace band one point below. Banks that do not elect it are graded on the CET1 ratio and the Tier 1 and total capital ratios.
Community Bank Leverage Ratio: Tier 1 capital divided by average total assets, for a qualifying community bank that elects the simpler framework. Pass > 8.0% (CBLR elected), fail ≤ 7.0%.
Tier 1 Leverage Ratio: The same ratio as its community bank leverage ratio. Pass ≥ 5.0% (well-capitalized), fail < 4.0% (below minimum).
Nonperforming Loans (NPL) Ratio: Nonaccrual loans plus loans 90 or more days past due, divided by total loans. Pass < 1.5%, fail > 3.0%.
Texas Ratio: Problem assets (nonaccrual loans, loans 90+ days past due and still accruing, and OREO, net of U.S. government-guaranteed portions) divided by tangible equity plus the allowance for credit losses. Pass < 50%, fail > 100% (historical failure threshold).
Efficiency Ratio: Noninterest expense divided by revenue (net interest income plus noninterest income). Pass ≤ 75% (lower is better), fail ≥ 90%.
Risk screens, beyond those bands: Uninsured deposit share watch at 50%, concern at 70%; Loan-to-deposit ratio flags at 100% or above; Commercial real estate to capital watch at 200% (our band), concern at 300% (the 2006 interagency guidance level); Held-to-maturity unrealized loss to equity watch at 10%, concern at 25%; NPL, Texas ratio and efficiency bands are ours.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 17375) · FFIEC NIC profile (RSSD 571957)
Explore: Full The State Exchange Bank profile · Other banks in KS · Metric glossary · How the call report works