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Bank of Lake Mills

Lake Mills, WI · Cert 8695

State charter, non-member · FDIC · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in WI3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in WI (n=110 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

48

Q2 2024Q2 2026peer median (50)

Asset Quality

36

Q2 2024Q2 2026peer median (50)

Profitability

91

Q2 2024Q2 2026peer median (50)

Liquidity

1

Q2 2024Q2 2026peer median

Efficiency

79

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of Lake Mills

Lake Mills, WI · Cert 8695

State charter, non-member · FDIC · 2 branches

Q2 2026

$533.8MAssets
$461.7MLoans
$432.3MDeposits
$57.3MEquity
Loan mix
50%RE $231.1M0%C&I $1.5M49%Consumer $226.7MQ3 2024Q2 2026
Deposit mix
86%Interest-bearing $372.7M14%Noninterest $59.6MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.81%, down 65 bps year over year; NIM at 6.30%.
  • Asset quality: problem loans at 0.69% of loans (-7 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.24%, down 45 bps from a year ago.
  • Funding: loans stand at 106.81% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.81%-65 bps YoY

Net Interest Margin (YTD, annualized)

6.30%+105 bps YoY

Efficiency Ratio (YTD, annualized)

52.39%+84 bps YoY

Tier 1 Leverage Ratio

11.24%-45 bps YoY

NIM

6.37%Q2 ’248.15%Q2 ’258.94%Q2 ’26+42%+20%

Non-interest income vs. expense

3.13%Q2 ’243.23%Q2 ’252.45%Q2 ’26-9%+84%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.04%1.18%2.41%2.46%2.24%2.09%0.06%1.81%-65 bps
Return on Equity9.24%10.69%24.22%23.18%21.57%19.81%0.61%17.14%-604 bps
Net Interest Margin3.58%3.40%4.94%5.25%5.13%4.79%5.95%6.30%+105 bps
Efficiency Ratio70.12%68.00%52.03%51.55%53.15%53.87%97.54%52.39%+84 bps
Non-Interest Burden2.29%2.10%2.13%2.21%2.28%2.20%5.88%4.08%+187 bps
Growth
Asset Growth (YoY)19.48%29.97%33.13%17.62%22.53%17.21%7.37%35.10%+1,749 bps
Loan Growth (YoY)24.21%40.85%39.66%18.88%17.74%19.95%8.33%43.52%+2,464 bps
Deposit Growth (YoY)6.18%29.79%34.05%31.04%55.48%23.82%8.20%32.61%+157 bps
Asset Quality
Nonperforming Loans / Loans0.07%0.17%0.16%0.76%0.91%1.05%0.55%0.69%-7 bps
Net Charge-Offs / Loans0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.63%0.62%0.51%0.67%0.51%0.52%0.47%0.47%-21 bps
Allowance Coverage of NPLs8.4x3.7x3.1x0.9x0.6x0.5x0.9x0.7x-0.2x
Capital
Tier 1 Leverage Ratio12.46%11.30%10.45%11.70%11.95%11.53%10.07%11.24%-45 bps
Total Risk-Based Capital14.49%15.27%13.18%18.01%14.35%13.04%11.78%13.29%-472 bps
Equity / Assets10.17%10.39%9.58%12.11%9.88%11.07%9.89%10.74%-136 bps
Liquidity & Funding
Loans / Deposits126.13%106.14%114.67%98.69%95.51%102.82%114.80%106.81%+812 bps
Liquid Assets / Assets0.54%0.28%0.24%2.34%0.37%0.48%0.41%0.62%-172 bps
CRE / Total Capitaln/an/an/an/a207%199.00%211%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Bank of Lake Mills

Lake Mills, WI · Cert 8695 · Peer group: banks under $1B in assets in WI (n=110-113)

State charter, non-member · FDIC · 2 branches

Q2 2026

$533.8MAssets
$461.7MLoans
$432.3MDeposits
$57.3MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 99% of banks under $1B in assets in WI (rank 1 of 113).
  • Widest gap: nonperforming loans / loans trails 70% of banks under $1B in assets in WI (rank 78 of 110).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.75%

Rank 17 of 113

Net Interest Margin

6.30%

Rank 1 of 113

Efficiency Ratio

52.39%

Rank 25 of 113

Equity / Assets

10.74%

Rank 57 of 113

Non-interest income vs. expense

-$8.7M$13.1MINCOMEEXPENSE
Unfavorable gap of $21.9M · efficiency ratio beats 79% of banks under $1B in assets in WI
Bank 52.39%Peer median 62.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.75%0.85%1.17%1.51%Beats 85%17 / 113
Return on Equity16.33%7.70%10.77%13.67%Beats 89%12 / 113
Net Interest Margin6.30%3.19%3.59%3.89%Beats 99%1 / 113
Efficiency Ratio52.39%54.61%62.43%71.88%Beats 79%25 / 113
Asset Quality
Nonperforming Loans / Loans0.69%0.03%0.24%0.91%Beats 30%78 / 110
Net Charge-Offs / Loans0.00%n/a0.00%0.01%Beats 42%67 / 110
Capital
Tier 1 Capital Ratio12.81%11.22%12.95%15.76%Beats 49%58 / 113
Total Risk-Based Capital Ratio13.29%11.57%13.59%16.73%Beats 44%63 / 113
Equity / Assets10.74%9.17%10.74%13.13%Beats 50%57 / 113
Liquidity & Funding
Loans / Deposits106.81%76.54%86.37%98.93%88th pctl13 / 112
Loans / Assets86.50%63.07%71.33%78.84%94th pctl7 / 113
Brokered Deposits / Depositsn/aNot reported for this institution