PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers State Bank of Waupaca, The

Waupaca, WI · Cert 13033 · Farmers State Bcorp Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$279.5MAssets
$173.0MLoans
$244.1MDeposits
$30.1MEquity
Loan mix
87%RE $144.7M8%C&I $13.4M4%Consumer $7.4MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $179.8M26%Noninterest $64.3MQ2 2025Q2 2026

NIM

4.70%Q2 ’244.94%Q2 ’254.99%Q2 ’26+8%+5%

Non-interest income vs. expense

2.58%Q2 ’242.67%Q2 ’252.61%Q2 ’26+5%-2%

Executive Summary

  • Earnings: ROA of 1.53%, up 16 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 0.00% of loans (-9 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.57%, down 57 bps from a year ago.
  • Funding: loans stand at 70.86% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.53%+16 bps YoY

Net Interest Margin (quarter, annualized)

3.90%+18 bps YoY

Efficiency Ratio (quarter, annualized)

59.76%-362 bps YoY

Tier 1 Leverage Ratio

11.57%-57 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.38%1.35%0.96%1.48%1.53%+16 bps
Return on Equity12.93%12.37%9.02%14.52%14.57%+163 bps
Net Interest Margin3.73%3.78%3.82%3.71%3.90%+18 bps
Efficiency Ratio63.38%64.85%76.18%60.12%59.76%-362 bps
Non-Interest Burden2.18%2.29%2.78%2.06%2.15%-3 bps
Growth
Asset Growth (YoY)4.72%4.36%3.98%9.17%9.04%+432 bps
Loan Growth (YoY)3.85%4.80%2.78%6.25%7.61%+376 bps
Deposit Growth (YoY)5.08%4.62%3.35%9.61%9.08%+399 bps
Asset Quality
Nonperforming Loans / Loans0.09%0.03%0.01%0.01%0.00%-9 bps
Net Charge-Offs / Loans0.01%-0.02%-0.01%-0.02%0.00%-1 bps
Allowance / Loans1.35%1.34%1.32%1.30%1.26%-9 bps
Allowance Coverage of NPLs14.7x44.3x166.9x128.1xn/an/a
Capital
Tier 1 Leverage Ratio12.14%12.02%11.01%10.96%11.57%-57 bps
Total Risk-Based Capital12.14%12.02%11.01%10.96%11.57%-57 bps
Equity / Assets10.70%11.17%10.10%10.30%10.76%+6 bps
Liquidity & Funding
Loans / Deposits71.82%70.14%66.66%69.34%70.86%-96 bps
Liquid Assets / Assets5.60%8.08%10.80%10.22%6.59%+99 bps
CRE / Total Capitaln/a137.18%150.93%152.60%n/an/a