PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ergo Bank

Markesan, WI · Cert 10004 · FS Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$276.7MAssets
$224.8MLoans
$226.2MDeposits
$25.5MEquity
Loan mix
89%RE $168.5M11%C&I $20.5M1%Consumer $1.2MQ2 2025Q2 2026
Deposit mix
90%Interest-bearing $203.8M10%Noninterest $22.3MQ2 2025Q2 2026

NIM

5.84%Q2 ’245.96%Q2 ’255.90%Q2 ’26+8%+1%

Non-interest income vs. expense

2.80%Q2 ’243.10%Q2 ’253.22%Q2 ’26+15%+5%

Executive Summary

  • Earnings: ROA of 0.82%, up 1 bps year over year; NIM at 3.95%.
  • Asset quality: problem loans at 1.74% of loans (-9 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.42%, down 30 bps from a year ago.
  • Funding: loans stand at 99.39% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.82%+1 bps YoY

Net Interest Margin (quarter, annualized)

3.95%+2 bps YoY

Efficiency Ratio (quarter, annualized)

76.21%+301 bps YoY

Tier 1 Leverage Ratio

8.42%-30 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.80%0.52%0.55%-0.17%0.82%+1 bps
Return on Equity8.19%5.25%5.46%-1.71%8.62%+44 bps
Net Interest Margin3.93%3.82%4.40%3.94%3.95%+2 bps
Efficiency Ratio73.20%82.76%70.38%86.85%76.21%+301 bps
Non-Interest Burden2.81%3.12%3.02%3.39%2.96%+15 bps
Growth
Asset Growth (YoY)5.68%4.92%7.21%9.45%12.59%+691 bps
Loan Growth (YoY)1.84%-0.93%5.74%8.79%13.55%+1,171 bps
Deposit Growth (YoY)11.40%6.69%5.06%9.59%7.72%-368 bps
Asset Quality
Nonperforming Loans / Loans1.83%1.89%1.69%1.74%1.74%-9 bps
Net Charge-Offs / Loans-0.02%0.04%-0.03%0.00%0.00%+2 bps
Allowance / Loans0.84%0.85%0.98%1.13%1.10%+26 bps
Allowance Coverage of NPLs0.5x0.4x0.6x0.7x0.6x+0.2x
Capital
Tier 1 Leverage Ratio8.72%9.07%8.93%8.62%8.42%-30 bps
Total Risk-Based Capital11.02%11.53%11.54%11.22%10.72%-30 bps
Equity / Assets9.78%10.08%9.92%9.63%9.20%-57 bps
Liquidity & Funding
Loans / Deposits94.29%92.06%93.55%96.17%99.39%+510 bps
Liquid Assets / Assets0.19%0.14%0.18%0.14%0.25%+6 bps
CRE / Total Capitaln/a321%340%390%n/an/a