# BANK OF MILTON
MILTON, WI · FDIC certificate 11232 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $221.4M | |
| Deposits | $193.7M | |
| Loans and leases | $172.2M | |
| Total equity | $18.3M | |
| Loans / deposits | 87.46% (p75 of band) | 73.59% |
| Liquid assets / assets | 21.38% (p25 of band) | |
| Uninsured deposits / deposits | 14.86% (p31 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.84% (p68 of band) | |
| FHLB advances / assets | 3.84% | |
| Tier 1 leverage | 9.51% (p17 of band) | 11.76% |
| Unrealized securities loss / equity | -16.17% (p28 of band) | -6.57% |
| AOCI / equity | -4.69% (p2 of band) | |
| ROA (annualized) | 1.55% (p70 of band) | 1.17% |
| Net interest margin | 4.13% (p61 of band) | 3.93% |
| Efficiency ratio | 50.20% (p14 of band) | |
| Noncurrent loans | 2.34% (p88 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p21 of band) | |
| Reserve coverage of noncurrent | 70.14% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 127.82% (p97 of band) | |
| Auto loans | $1.7M (0.97% of loans; DQ 0.90%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.5% | |
| Employees | 26 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

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

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

- 2025-05-20 ['The face of the Bank of Milton.' After a half century, employee Janis Frank set to retire - GazetteXtra](https://news.google.com/rss/articles/CBMi-AFBVV95cUxNZHprOVNjMjdvWWl4ZTZBN0o5dk5ndHVCVlNvOXd1R0hCVnRuRW9UcGNhQk9XZ0tCNy1tbTVuZUwzSEdRWF9xb08tdGJYeGJQZjN3dG83YjAzaHg2eWZPUThpdFR3TG01RnRZVDlsSjNUdzFpbDlST25sMHIwNENJeDU5OEJUdTdQZkJrSUZmOXdtOWlTT1ppUW5XWDFSQm9ydm40aDV2a0t0ZThTc3oxRzZrMUtPYkZhd2dhdG01VUNVZk0wYkpKanBLdGNCREQ4NEx4QWw2N2tvVGZjY016UjUtNEpQVjhoYnlaa1k1R3JQUFQwUWlMaA?oc=5) · GazetteXtra
- 2011-10-27 [Bank of Milton to purchase Milton Savings Bank - hngnews.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNM0ZpYTVpM0gyVVBiVnJsMTJtbGtGRUl4cjdBbGZVZUNzM3I3SmRXTUZBbHRCZDh5VzlBOEpjbDFLQU9SSVlFOVNzTTdaWGhmYzVPVXVsVm1Nc3VxQXRKbnF5aXBTZ2ZXSnlObklwVl9abkt3MG1OajNyNUM0ZXh4N0VVZ1lrQkNkUWoyTUQxNjBFNGRtaHhmNjBDWDktZnZSb1pwWERVdXFQRGdaUl9WcUY2b1FDQVZjMDBVNUFvdXI0dHFaRnIyeHQ2ZFlMMEh0SU1JREJJZw?oc=5) · hngnews.com
- 2022-06-24 [Bob Cullen is parade marshal for Milton's Fourth of July - hngnews.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPUFQxR0V6dWRvN3BvV0NFMkhLVkxXYVNRZDZRN0s5VXJvZ01NRDRkaFVPYjMzSFNmZVJsVjdEVVI0U2VyWHIybnF5LXduZVhWX2FzQnlDZXRyTUdudDZOYW1TdTFpVVlzbndtSDNRX1hUWFludGFOWnZObFhsckxVaXppdEVmWWlNU0lTZmE1OG4zS193M09QeTRKNXNENHJ0V05xN0hWdnZnZjY4QWhiLTB3TTdfTDVmZkFOR2VINmdCcmc1R2ptUTlEWUxLbWk5WkkwdHlyNjRPbS12eWxoR2E3RXhvT0ZKalRz?oc=5) · hngnews.com
- 2019-11-29 [Donald R. Brown Obituary - fdlreporter.com](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5FNVlVOE5yYnBEMmZxQ3VrYWRLU0g3UlNuX1JIMnF6bjZkUVhKSzZ3aGNpMDdscnFGLTJUdEREcFVRM3N2aDVLY21LNEt4VWdROWxteFNvbVdoWDE2?oc=5) · fdlreporter.com
- 2025-12-02 [Milton council approves loan to expand Crossroads Business Park - GazetteXtra](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNNm04WE9GZEZrXzNRdFcteUtxWmlGUFVRQ09nMGtFdDMwLXlLUF9Fa0lHeThHSkcyekh0amFQTk8tTGZGVWF1RFdKYlVuQnNZZlBqejk2TU5PVnZpMVhJVWVrOTBvbzI0RDBRWVk5eVpaVE1oeVNkeEU1RDExaXBGa2wtbk1NN0c1UF92bkF4WGIwUGdCcnlyX0o2SVBYdUhIeHBJU3Jib1hjNFZNT0pzcVpaS1VjSklxdHJuVUk4VVhWOFdvV1NEWnd4SDRxazc2MU1sNDJXSG9oWHpEeFotRE5KZjlwUXc?oc=5) · GazetteXtra
- 2025-06-17 [James Warren Obituary (1931 - 2025) - Janesville, WI - Madison.com - Legacy obituary](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPYlhtOEczZkFoTWpULVVId1RSV2pDamtGajdTT25ha3o0X19Ia29Rc1U1T0pXbHlWM0ktWWxnWWJUTVBaRkM3VV9xRV93VkcyeEJ0czVTUHk2cHptcXFRWVJoZEc3czJmWk9keGRoR3VlMER3Z0xhNHN6THQzaGxkS3h3TG41SXY5YnRj?oc=5) · Legacy obituary
- 2009-09-18 [Stockman and Schout - The Holland Sentinel](https://news.google.com/rss/articles/CBMiigFBVV95cUxNOEVkVmtXdnFYdGUyZmlPMURhS0p0UFE0RGtYVkI0cWptZDYxUVlRbWpsRkliU3I5QV9ROXhVZHJqTDl3Vl9fNFI2UHRHMjBLV19vX0g3bi1WaHZleXFNVTJqV3VJWEg5a2pMVFdBSktWbkRudlJFTHp4b0M0S0ZTSExpWG9HUUxNclE?oc=5) · The Holland Sentinel
- 2026-01-05 [City of Milton officially buys Hull Farms property - GazetteXtra](https://news.google.com/rss/articles/CBMi1gFBVV95cUxPXzRwZlhIcVM3QWVYLXlpd2NxSE1nT1BFTjdBNTZoSXZkRTRHcjJLa2V1dVJGYTc4N2g4elMxSzluLWxQRXFWV1FwVWpvcWNudFVQdEl3b3FIQjdoQW5uSWtrblFQY1RaRnhhTF9YWXVtRy1iem1VTlpHdnFXUFREeFh0UWV1LUs1YkJlbUY0bS1sb1NxZHlVZFA2V0NWckVfZ1hFVGlZVXV2bFZ3NU90NGJjYkVlV3dCdUJmNU93WHRaMzl4dGhmdlFyZTU5NnNqMEdwcmhB?oc=5) · GazetteXtra

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11232 (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/32.json (key "11232", 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