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

Deposit mix

NIM

Earnings: ROA of 3.46%, up 111 bps year over year; NIM at 6.46%.
Asset quality: problem loans at 0.69% of loans (-7 bps YoY), with net charge-offs at 0.01%.

Return on Assets (quarter, annualized)

3.46%+111 bps YoY

Net Interest Margin (quarter, annualized)

6.46%+143 bps YoY

Efficiency Ratio (quarter, annualized)

29.31%-2,171 bps YoY

Tier 1 Leverage Ratio

11.24%-45 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	2.35%	2.03%	1.56%	0.06%	3.46%	+111 bps
Return on Equity	21.95%	18.73%	14.90%	0.61%	33.53%	+1,158 bps
Net Interest Margin	5.03%	5.09%	4.90%	5.95%	6.46%	+143 bps
Efficiency Ratio	51.03%	56.49%	56.05%	97.54%	29.31%	-2,171 bps
Non-Interest Burden	2.07%	2.51%	2.46%	5.88%	2.09%	+2 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 / Loans	0.76%	0.91%	1.05%	0.55%	0.69%	-7 bps
Net Charge-Offs / Loans	0.00%	0.01%	-0.01%	0.00%	0.01%	+1 bps
Allowance / Loans	0.67%	0.51%	0.52%	0.47%	0.47%	-21 bps
Allowance Coverage of NPLs	0.9x	0.6x	0.5x	0.9x	0.7x	-0.2x
Capital
Tier 1 Leverage Ratio	11.70%	11.95%	11.53%	10.07%	11.24%	-45 bps
Total Risk-Based Capital	18.01%	14.35%	13.04%	11.78%	13.29%	-472 bps
Equity / Assets	12.11%	9.88%	11.07%	9.89%	10.74%	-136 bps
Liquidity & Funding
Loans / Deposits	98.69%	95.51%	102.82%	114.80%	106.81%	+812 bps
Liquid Assets / Assets	2.34%	0.37%	0.48%	0.41%	0.62%	-172 bps
CRE / Total Capital	n/a	207%	199.00%	211%	n/a	n/a