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Ladysmith Federal Savings & Loan Association

Ladysmith, WI · Cert 28983

State savings bank · OCC · 1 branch

Q2 2026

$93.2MAssets
$72.9MLoans
$72.3MDeposits
$7.6MEquity
Loan mix
83%RE $59.7M9%C&I $6.5M8%Consumer $5.8MQ3 2024Q2 2026
Deposit mix
84%Interest-bearing $60.9M16%Noninterest $11.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.45%, down 16 bps year over year; NIM at 3.25%.
  • Asset quality: problem loans at 2.03% of loans (+64 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.18%, up 3 bps from a year ago.
  • Funding: loans stand at 100.72% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

0.45%-16 bps YoY

Net Interest Margin (quarter, annualized)

3.25%+30 bps YoY

Efficiency Ratio (quarter, annualized)

84.58%+651 bps YoY

Tier 1 Leverage Ratio

9.18%+3 bps YoY

NIM

4.59%Q2 ’244.76%Q2 ’254.86%Q2 ’26+3%+10%

Non-interest income vs. expense

2.72%Q2 ’242.73%Q2 ’252.90%Q2 ’26-2%+25%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.62%0.23%0.49%0.62%0.38%0.72%0.69%0.45%-16 bps
Return on Equity8.72%3.17%6.79%8.36%4.98%9.31%8.57%5.54%-282 bps
Net Interest Margin2.95%2.44%2.89%2.95%3.10%3.21%3.36%3.25%+30 bps
Efficiency Ratio75.57%90.69%81.82%78.06%84.68%65.43%74.40%84.58%+651 bps
Non-Interest Burden2.13%2.16%2.29%2.19%2.63%1.79%2.35%2.73%+54 bps
Growth
Asset Growth (YoY)7.01%5.07%5.51%-0.65%4.31%5.14%2.32%4.39%+504 bps
Loan Growth (YoY)16.38%12.74%8.65%4.62%5.10%6.78%6.03%5.75%+113 bps
Deposit Growth (YoY)-3.95%0.30%1.35%2.73%6.45%7.98%7.72%6.17%+344 bps
Asset Quality
Nonperforming Loans / Loans0.75%0.89%1.04%1.40%1.39%1.76%2.08%2.03%+64 bps
Net Charge-Offs / Loans-0.04%-0.02%0.02%0.06%0.00%0.03%0.18%0.00%-6 bps
Allowance / Loans0.80%0.80%0.82%0.80%0.78%0.80%0.82%0.81%+1 bps
Allowance Coverage of NPLs1.1x0.9x0.8x0.6x0.6x0.5x0.4x0.4x-0.2x
Capital
Tier 1 Leverage Ratio8.80%8.81%8.88%9.14%9.10%9.11%9.17%9.18%+3 bps
Total Risk-Based Capital16.19%16.22%16.57%17.04%16.72%16.79%9.17%9.18%-787 bps
Equity / Assets7.39%7.05%7.27%7.48%7.71%7.85%8.22%8.17%+69 bps
Liquidity & Funding
Loans / Deposits104.79%102.96%103.59%101.12%103.47%101.80%101.96%100.72%-40 bps
Liquid Assets / Assets1.96%1.95%1.94%1.40%0.00%0.00%0.00%0.00%-140 bps
CRE / Total Capitaln/an/an/an/a81.52%80.70%83.38%n/an/a