# BANK OF NEW GLARUS
NEW GLARUS, WI · FDIC certificate 10378 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $823.2M | |
| Deposits | $647.4M | |
| Loans and leases | $626.3M | |
| Total equity | $83.2M | |
| Loans / deposits | 95.49% (p82 of band) | 82.04% |
| Liquid assets / assets | 18.53% (p27 of band) | |
| Uninsured deposits / deposits | 13.23% (p9 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 10.54% (p79 of band) | |
| FHLB advances / assets | 9.98% | |
| Tier 1 leverage | 9.54% (p24 of band) | 10.81% |
| Unrealized securities loss / equity | -11.58% (p39 of band) | -8.10% |
| AOCI / equity | -0.95% (p24 of band) | |
| ROA (annualized) | 1.64% (p72 of band) | 1.28% |
| Net interest margin | 4.19% (p67 of band) | 3.91% |
| Efficiency ratio | 54.73% (p30 of band) | |
| Noncurrent loans | 1.99% (p88 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p51 of band) | |
| Reserve coverage of noncurrent | 65.10% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 84.96% (p80 of band) | |
| Auto loans | $4.5M (0.72% of loans; DQ 1.30%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 7.5% | |
| Employees | 111 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 1 | uninsured deposits leaving |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | uninsured deposits leaving |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 0 |  | charge-offs p90 |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | loans exceed deposits |  |
| 2017-12 | 0 |  | loans exceed deposits |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | loans exceed deposits |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | loans exceed deposits |
| 2019-06 | 1 | loans exceed deposits |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | charge-offs p90, reserve under noncurrent | loans exceed deposits |
| 2020-03 | 1 | capital falling | charge-offs p90, reserve under noncurrent |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 2 | capital falling, noncurrent p90 |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity, charge-offs p90 | noncurrent p90 |
| 2022-09 | 4 | uninsured deposits leaving |  |
| 2022-12 | 5 | capital falling |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity, charge-offs p90, uninsured deposits leaving |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | uninsured deposits leaving |  |
| 2024-06 | 1 |  | securities losses >30% of equity, uninsured deposits leaving |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | capital falling |
| 2025-03 | 1 | construction >100% equity |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | construction >100% equity |
| 2025-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2026-03 | 1 |  | noncurrent p90 |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-21 [Bank of New Glarus looks to Rock County for growth with Evansville branch - GazetteXtra](https://news.google.com/rss/articles/CBMi7AFBVV95cUxOdFVuQ2N1b205d0ZsczlkVnRFcVFqcmhBRnFGZVdVdmY1SkQ4T041SjZoOFl2ZGZMQndTS2JVemZXX3pfWDBEaEg5eGxkbHhJSzMzX1VjazFMR0x0eUJYMlhnQk9kUHVhM2p6R0FhUjBmRG9hTkY3dlpNQ1RmblJkR2czS2tRbFZRX01wUEZwSnQ0cTc2ZFJjLWh4UlVwYUJzSkdUY2Y2dU9BXzV0cTFySnpGV3JhbnUzSkI4bkNrT3hfdkZELUtvNUNLMGV1d2s3aVBmejFOTmNKTUZ3SDE1MklIcmhmM1VNQ1VJVw?oc=5) · GazetteXtra
- 2025-12-22 [The Bank of New Glarus announces leadership changes - The Monroe Times](https://news.google.com/rss/articles/CBMijgFBVV95cUxPY2ppSk1tREpGMVlHcGc2M1BKYklSNERJUktGUVZIYWtGVmtLaGU5MDB2djQ1UXFUNV9aYkJ3MjY1Y1I4VzFVcTlzYkx4anllXzRLbEsyLVNzeVR4NkQzVjY4dVpZOFpBTmgxLXRvMEdhTHZfS3Q5U0FpRmVuNENGTXVkTWZmaXlZLUlXUXBR?oc=5) · The Monroe Times
- 2026-01-26 [Elise M. Constantini Obituary Jan 26, 2026 - Beal Funeral Homes](https://news.google.com/rss/articles/CBMibkFVX3lxTE1QUDhhbUdCb1Z4Nmo1ZTlVMjRhb1NDa1B2c20wOHVNaEVaUXpRSVdUYkN5QjFCaWJfUFRlb2I1SGhvSnlTV1BjdWJEa3MxUTRiTFNaY3FGQU9lai1pNWRXY1hHSnAzbkdhTGtwZ2Vn?oc=5) · Beal Funeral Homes
- 2026-03-26 [Robert "Nob" Wenger Obituary Feb 17, 2022 - Beal Funeral Homes](https://news.google.com/rss/articles/CBMiaEFVX3lxTE92ckJXbDkta1hnUzJkemNFeGRvRXliTnhDaWxoaDRfMEo0V0VhUkR5MldjMXU0WlNXZVluU2NZYjhuWWMzQUdhNUg3RHZUaDdJOFQ3dTg4b09vZWtnVnl6MDVCV19IVmdn?oc=5) · Beal Funeral Homes
- 2021-05-12 [Sugar River Bank branches change name to The Bank of New Glarus - The Monroe Times](https://news.google.com/rss/articles/CBMilwFBVV95cUxNY2syS2JkZVg3VklZamtTbTRQeDZmRmdpcndiZXlKY3ozQmY1T2xUSG8wdkJHbG13SXRwYzVweUltNlVxU2tmTkdZakZpY0ozVXFPU242U1lDTEhwMm5kbXU0ZFU1QmdYRXhtWlpJQVZMeFZvX0ZPRERBd3VyWTNnNTVwb09oWkpubVBVNk1HMG9CUTdXMWF3?oc=5) · The Monroe Times
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Wisconsin - Newsweek Rankings](https://news.google.com/rss/articles/CBMikAFBVV95cUxPcVBTUlFfVVFWdWNabHZiNllnZWIzc2pyd2t2QTZudWdZSHRud18tUDF1TjVXaURzaEY5NzdrbXVWTHI3WjVhYmJjUFNOV29qdTBDZzYweXFvV0NYSVVpVzl0OXI5TmdnMDlPZjVkd3FucWl5YTZLd3ozR3NrMUtIV3JQcXBMcWY5MDN3LTZFY3Q?oc=5) · Newsweek Rankings
- 2023-05-09 [‘Day Without Child Care’ puts a spotlight on budget provision to help providers, parents - Wisconsin Examiner](https://news.google.com/rss/articles/CBMixgFBVV95cUxOUDRpeW5XZ3lkTmhVTGZsT1l1WnBsOUgzUnlTc3NyVlkxYWpmSHJqUENoZzF2UU1TamZhMWR3YnBfVGJPUHEtYU5Sb2hIUF9ZTVJRcDJXcE1OYngzZy1fTC02RmstZUFnaFhER1dWSmcyYXZPdEduS0VFUDZILUt2YjR4dmRfT3pDX2k4MGJwNF9pM240b05GaDdudmFUWmRDWjQycE9uNTR0cWhscjUzVHpXX3RpQ3JyTVdHc2FURnVpNmZxN1E?oc=5) · Wisconsin Examiner
- 2025-05-16 [2025 Forty Under 40: Class acts - In Business Madison](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9ZNVFDcWl5MTFac29tZ0czQjVSUVRRdUdXbnhLM0RDdk1BbWJLUVNsaGpLVklJN3pMQko4dEd1X29OZklzRTAtcnF6bFgzWExTZmVQYkZjbmd0RUFTdmFobUl5MA?oc=5) · In Business Madison

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10378 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/10.json (key "10378", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide