# HORICON BANK
HORICON, WI · FDIC certificate 11236 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 0 (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 | $1.65B | |
| Deposits | $1.42B | |
| Loans and leases | $1.37B | |
| Total equity | $170.2M | |
| Loans / deposits | 95.47% (p76 of band) | 87.10% |
| Liquid assets / assets | 13.71% (p18 of band) | |
| Uninsured deposits / deposits | 26.27% (p34 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.40% (p31 of band) | |
| FHLB advances / assets | 2.40% | |
| Tier 1 leverage | 9.72% (p30 of band) | 10.50% |
| Unrealized securities loss / equity | -2.34% (p78 of band) | -7.75% |
| AOCI / equity | -0.30% (p50 of band) | |
| ROA (annualized) | 1.42% (p64 of band) | 1.26% |
| Net interest margin | 4.22% (p79 of band) | 3.70% |
| Efficiency ratio | 60.29% (p54 of band) | |
| Noncurrent loans | 0.93% (p72 of band) | 0.51% |
| Net charge-offs (annualized) | 0.01% (p37 of band) | |
| Reserve coverage of noncurrent | 140.17% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 62.68% (p65 of band) | |
| Auto loans | $2.3M (0.16% of loans; DQ 0.40%, NCO 0.00%) | |
| Loans to nondepository financials | $21.1M (12% of equity) (p88 of band) | |
| Deposits YoY | 5.4% | |
| Employees | 222 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 2 |  | reserve under noncurrent |
| 2012-12 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2013-03 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 3 | capital falling |  |
| 2014-03 | 3 |  |  |
| 2014-06 | 2 |  | loans exceed deposits |
| 2014-09 | 3 | loans exceed deposits |  |
| 2014-12 | 2 |  | loans exceed deposits |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 2 | loans exceed deposits |  |
| 2015-09 | 3 | capital falling |  |
| 2015-12 | 1 |  | liquid assets <10%, loans exceed deposits |
| 2016-03 | 1 | liquid assets <10% | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | loans exceed deposits |  |
| 2016-12 | 2 | capital falling | loans exceed deposits |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | loans exceed deposits |  |
| 2017-12 | 1 |  | liquid assets <10%, loans exceed deposits |
| 2018-03 | 2 | loans exceed deposits, liquid assets <10% | capital falling |
| 2018-06 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2019-09 | 3 | capital falling |  |
| 2019-12 | 3 | noncurrent p90, reserve under noncurrent | loans exceed deposits, liquid assets <10% |
| 2020-03 | 1 |  | capital falling, noncurrent p90 |
| 2020-06 | 2 | noncurrent p90 |  |
| 2020-09 | 2 | capital falling | noncurrent p90 |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 | noncurrent p90 | capital falling |
| 2022-03 | 0 |  | reserve under noncurrent, noncurrent p90 |
| 2022-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2022-09 | 1 |  | noncurrent p90 |
| 2022-12 | 1 |  |  |
| 2023-03 | 0 |  | reserve under noncurrent |
| 2023-06 | 1 | uninsured deposits leaving |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | uninsured deposits leaving |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 0 |  | capital falling |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2026-09-08 [Horicon Bank to hold 130 anniversary events next week - GMToday.com](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOc25sTmt0R3FaWlBMcFpkTXltTkh4MzB6QXF3WGxSQlRYMGlySWI3dHc1c3Nzczhib1Axem9oc2NUZEYzdmF6MFVqTklXalU1LTA3VC1XMTE3cVM3MEFYTU92Z1h6c0RhTXhUQXlxdzdPUERXdkxZU28ySTVLVUVOMkpkOXE3N2FUTVNqRk9FbFVqYWxzUEprMkJEckVtWGxWUUMwSFRxSTk2U3lpRmVUNldDUmZvT3ZRZkZiU1BoYjFWVG5LRERmeWJycjJRQ3ZiZ1N5d2tBY3FDTTI2NVl6UFdMWQ?oc=5) · GMToday.com
- 2026-06-30 [As banking changes, Horicon Bank focuses on local relationships - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMijAFBVV95cUxPZVI2cWlja1hscDY2NHg4SWRvUER3Ylh2T3c0cGZJZmQ5WUt6eThQa1hZYnBCSTdJbVA5TU92S1hTOVk5X3VkSnd0djM2RkdscGZ2eG5RcHdjUkE5SWNsaUNMeEE5Q0J1OUpTMlcxLUt6MHVYWTNoTFpTc0Zzdk50eF9lLTM1dVpTams1cA?oc=5) · BizTimes - Milwaukee Business News
- 2026-07-13 [Horicon Bank Ranked Wisconsin’s Top Bank by Forbes for 2026 - Daily Dodge](https://news.google.com/rss/articles/CBMiigFBVV95cUxPdG1BTi1CYkFsMHNQNlo3cXlFWDRkdFhrdHJSaHhnc21kS0tISUlRaVFlM2hoQnZEV09IVlJfNEJnbHduZlJOTXgtYTVfVVFncHZhNXltVWdmekU3dXBXTFNtbmQ0ZVZOYVZIUWVsaVJsWWNlWFItV2VEX2RtTHZXQ3JSdm5Ec0pmUUE?oc=5) · Daily Dodge
- 2026-09-02 [Aubrie Bobholz to lead Horicon Bank’s Beaver Dam branch - Washington County Insider](https://news.google.com/rss/articles/CBMid0FVX3lxTE8tM1NCSG1PRTVxZDV5cmZPT0JZRlZoeVZNQXlvRTEyaXM4OHZCOXZjcjB2dzlhUllrNDNBRWlSc21SMmh3aWo3TWVXOWdVdk1ISUdaVXNrSnBvWVJIRHRleVdlb1p0d1R1dUFDMjVidmpVOG8tbjZJ?oc=5) · Washington County Insider
- 2026-04-05 [Sunday Sip: Horicon Bank - WTMJ](https://news.google.com/rss/articles/CBMilwFBVV95cUxQc2VCYVVlMVlQcTk5NnJwN0RsTVltVXFXV29UZzgzUjNmZ09JRlFTYW9vVHhGUVU0eDY0Y0E1ZFN6VndaQ2NvbXhPaFZieVpwMnNwci1vWXNoT2xRZ0Y4d3pSbVhldm9scmZTMXMwM3dYSVRmb1Y3aHBkQTNuUmFocjlpdFpIM213eEFldUtPNTY4cDROdXVZ?oc=5) · WTMJ
- 2026-08-03 [Horicon Bank named #1 Bank in Wisconsin by Forbes - Wiscnews.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPbVNTQ0ZFUlZKMU5GeUsySFVVaUE4N3FzckxLc1NfRDlQUlhpb2VFUFNXZjYxUlZmWnhOQTNLd1ZOblA4eXBMdUFzTDZsZEo4aExaSUFOTHY3d01JQXZMY2Q0R181eUdpOUFQVlNRYnppSXhCUkFyY1NVb0otcmszMDVQRXVRTTJEOXNhLWY3RWYzcFk?oc=5) · Wiscnews.com
- 2026-08-15 [Horicon Bank named No. 1 Bank in Wisconsin by Forbes - Washington County Insider](https://news.google.com/rss/articles/CBMidkFVX3lxTE9jZzhad1ZEVENMNnNNVDhWc0FDNEplN0JUREJKUE1aM3l6bXV0T3dielF3ck9EYml1cE03WWtkeWg0eXVtWjdndHpabS1FTG5BbHhRMnhkRHhjTm83aUpvTTdGY3lVajdsMFpPSFpHUUdXWTJjd0E?oc=5) · Washington County Insider
- 2026-01-13 [Horicon Bank celebrates 130 years with events all year - GMToday.com](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNYlpneGdwc2NNc2paa3N1TzdpQ1l0LVpQU0Y4SVcwMzZ3MUlCR2tDdlhabzkyTUNIY1JWSno4Z3VrVlgwazVDcXEwMHB3WGRjbUZLeTZLLTQzOVppbmg1c3ZMTkw5ZGVmZlRXdTE4ekkwSlp4My0tSTJoTVJWQmRMSG1lazdrWElUTF9qSmpvbk4yUzF5RlhGRVE2eDZmTWZ5Z0pvTkdscmNLRnRXMThFUENSdnV6LVF5N29QZFdRSVgzQVZTcDMzWg?oc=5) · GMToday.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11236 (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/36.json (key "11236", 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