PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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 $226.7MQ2 2025Q2 2026
Deposit mix
86%Interest-bearing $372.7M14%Noninterest $59.6MQ2 2025Q2 2026

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%

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.

Financial Results

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

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.46%2.24%2.09%0.06%1.81%-65 bps
Return on Equity23.18%21.57%19.81%0.61%17.14%-604 bps
Net Interest Margin5.25%5.13%4.79%5.95%6.30%+105 bps
Efficiency Ratio51.55%53.15%53.87%97.54%52.39%+84 bps
Non-Interest Burden2.21%2.28%2.20%5.88%4.08%+187 bps
Growth
Asset Growth (YoY)17.62%22.53%17.21%7.37%35.10%+1,749 bps
Loan Growth (YoY)18.88%17.74%19.95%8.33%43.52%+2,464 bps
Deposit Growth (YoY)31.04%55.48%23.82%8.20%32.61%+157 bps
Asset Quality
Nonperforming Loans / Loans0.76%0.91%1.05%0.55%0.69%-7 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.67%0.51%0.52%0.47%0.47%-21 bps
Allowance Coverage of NPLs0.9x0.6x0.5x0.9x0.7x-0.2x
Capital
Tier 1 Leverage Ratio11.70%11.95%11.53%10.07%11.24%-45 bps
Total Risk-Based Capital18.01%14.35%13.04%11.78%13.29%-472 bps
Equity / Assets12.11%9.88%11.07%9.89%10.74%-136 bps
Liquidity & Funding
Loans / Deposits98.69%95.51%102.82%114.80%106.81%+812 bps
Liquid Assets / Assets2.34%0.37%0.48%0.41%0.62%-172 bps
CRE / Total Capitaln/a207%199.00%211%n/an/a