Notes & disclosures

1. This institution is fictitious. Its figures are built from patterns in real FDIC filings and match no real bank. The towns, counties and branch sites are real. The demonstration banks do not exist. Each was built from the filing history of a bank that has since been acquired, with every figure rescaled and altered so that it matches no real institution, past or present. Names are invented. Branch offices are placed at real sites in Montana so that maps, markets and distances behave as they do in the product. Deals, peer medians and rankings shown beside a demonstration bank are drawn from real FDIC records.
2. In the product this line carries the bank's FDIC certificate number. Demonstration banks have none.
3. Deposit rank and share from the FDIC Summary of Deposits (SOD); credit unions do not file SOD and are excluded from all counts.
4. SOD deposits are as of the June 30, 2025 survey and predate the call-report quarter shown.
5. Denominators in the rank column ("of N") are the banks that filed that field for the quarter, so N varies by row.
6. Texas ratio = (noncurrent loans + other real estate owned) ÷ (tangible equity + loan-loss allowance), from filed dollar amounts.
7. The held-to-maturity gap is realized against the buyer's capital at close; the available-for-sale gap is already in the seller's equity. As filed, before tax.
8. A mutual can merge with another mutual, but must convert to stock form before a stock acquirer can buy it.
9. Stress ranking (stress_v2_9m_cap): the mean of nine within-quarter percent ranks over filed metrics, each direction-normalised so 1.0 is worst; decile 10 is the most stressed tenth of ranked banks. Validated against 1998–2021 failures: banks in the worst decile four quarters before failure at 8.1 times the base rate. Size bands by total assets: under $300M, $300M–$1B, $1B–$10B, $10B and over; the band figure is the share of banks in the same band ranked less stressed. A ranking of filed metrics, not a failure prediction; no opinion on the institution is expressed.
10. Within 1–4 family: first liens $21M, junior liens $2M, home-equity lines $16M. Shares of gross loans and leases ($540M); components as filed and may differ from totals by rounding. Peer median across all 4,224 banks reporting gross loans that quarter.
11. Tier 1 capital as filed (RBCT1). The 100% and 300% levels are the federal CRE-concentration screening guidance, not limits. Investor CRE = construction & land + multifamily + nonowner-occupied nonfarm nonresidential (LNRECONS + LNREMULT + LNRENROT).
12. Total CRE = construction & land + multifamily + nonfarm nonresidential (LNRECONS + LNREMULT + LNRENRES); owner-occupied and nonowner-occupied are the exact two-way split of nonfarm nonresidential (LNRENROW + LNRENROT). Investor CRE = construction & land + multifamily + nonowner-occupied nonfarm nonresidential. History rows are FDIC ratios as filed, in percent: noncurrent share of each loan type, annualized net charge-offs as a share of each loan type, and the loan-loss reserve as a share of gross loans. Peer rank is this bank's percent rank on the latest quarter among all reporters, higher = worse; banks with a zero balance in a category rank at the bottom of it.
13. Resemblance is measured at the target's last filing before the deal: total assets weighted most, then return on assets, efficiency ratio (the target's, pre-deal), core-deposit share, and noncurrent loans. Only deals with all four ratios on file are compared. Transactions between banks under the same holding company are excluded. Size × is buyer assets over target assets at that filing — † buyer at least ten times the target's size, ‡ buyer smaller than the target. "Mi here" is from this bank's main office to the target's; "Mi buyer" is from the target to its buyer's headquarters.
14. As filed each quarter. Net income is the derived quarterly figure: first quarter as filed, later quarters as the change in year-to-date net income. Return on assets, return on equity, net interest margin and efficiency are FDIC quarterly-basis ratios. Beneath each figure: change from the prior quarter — percent for dollar amounts, percentage points (pp) for ratios. Loan-portfolio lines also show each line as a share of gross loans. — marks values not reported.
15. History begins at this bank's first quarter in our panel, which may postdate the charter. Equity/assets and return on assets here are the FDIC year-to-date annualized basis. The Texas ratio danger threshold is 100; where the bank never approaches it, the panel is drawn to its own scale and the threshold noted off-scale.