# IXONIA BANK
IXONIA, WI · FDIC certificate 12514 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $1.08B | |
| Deposits | $679.8M | |
| Loans and leases | $820.6M | |
| Total equity | $95.0M | |
| Loans / deposits | 119.44% (p97 of band) | 87.10% |
| Liquid assets / assets | 19.25% (p42 of band) | |
| Uninsured deposits / deposits | 25.13% (p30 of band) | 30.76% |
| Brokered deposits | 4.66% | |
| Wholesale funding | 30.29% (p96 of band) | |
| FHLB advances / assets | 18.89% | |
| Tier 1 leverage | 9.95% (p36 of band) | 10.50% |
| Unrealized securities loss / equity | -4.39% (p67 of band) | -7.75% |
| AOCI / equity | 1.93% (p98 of band) | |
| ROA (annualized) | 1.21% (p46 of band) | 1.26% |
| Net interest margin | 7.60% (p99 of band) | 3.70% |
| Efficiency ratio | 86.70% (p97 of band) | |
| Noncurrent loans | 0.25% (p27 of band) | 0.51% |
| Net charge-offs (annualized) | 0.03% (p54 of band) | |
| Reserve coverage of noncurrent | 424.53% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 28.70% (p29 of band) | |
| Auto loans | $914,000 (0.11% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 18.4% | |
| Employees | 741 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | leverage <7%, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 | losing money |  |
| 2011-09 | 7 | capital falling, noncurrent p90 |  |
| 2011-12 | 7 |  |  |
| 2012-03 | 12 | leverage <5%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 9 | expense ratio p90 | leverage <7%, capital falling, leverage <5% |
| 2012-09 | 7 |  | construction >100% equity, expense ratio p90 |
| 2012-12 | 7 | capital falling, expense ratio p90 | reserve under noncurrent, noncurrent p90 |
| 2013-03 | 5 | noncurrent p90, reserve under noncurrent | losing money, uninsured deposits leaving, capital falling, expense ratio p90 |
| 2013-06 | 3 |  | noncurrent p90, reserve under noncurrent |
| 2013-09 | 1 |  | deposits shrinking, assets shrinking |
| 2013-12 | 3 | deposits shrinking, assets shrinking |  |
| 2014-03 | 5 | reserve under noncurrent, uninsured deposits leaving |  |
| 2014-06 | 4 | expense ratio p90 | deposits shrinking, assets shrinking |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 | capital falling | uninsured deposits leaving |
| 2015-03 | 5 | losing money |  |
| 2015-06 | 5 | noncurrent p90 | charge-offs p90 |
| 2015-09 | 2 |  | capital falling, losing money, noncurrent p90 |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 | charge-offs p90 | expense ratio p90 |
| 2016-06 | 1 |  | reserve under noncurrent |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | expense ratio p90 | charge-offs p90 |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | losing money |  |
| 2018-03 | 1 |  | losing money |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 0 |  | expense ratio p90, capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 2 | expense ratio p90, charge-offs p90 |  |
| 2020-06 | 0 |  | expense ratio p90, charge-offs p90 |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | expense ratio p90 |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 3 | losing money |  |
| 2022-09 | 5 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 6 | deposits shrinking, uninsured deposits leaving | capital falling |
| 2023-03 | 5 | wholesale funding >15%, charge-offs p90 | losing money, AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 5 | capital falling, securities losses >30% of equity | deposits shrinking, charge-offs p90 |
| 2023-09 | 3 |  | uninsured deposits leaving, capital falling |
| 2023-12 | 2 |  | securities losses >30% of equity |
| 2024-03 | 1 |  | expense ratio p90 |
| 2024-06 | 2 | loans exceed deposits |  |
| 2024-09 | 3 | capital falling |  |
| 2024-12 | 4 | expense ratio p90 |  |
| 2025-03 | 3 |  | capital falling |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 4 | capital falling |  |
| 2026-03 | 3 |  | capital falling |
| 2026-06 | 3 |  |  |

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

- 2026-07-22 [Ixonia Bank surpasses $1 billion in assets - GMToday.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxQV2FscjlFaXNCQTA2Q3Zpd2dYdjV1NmlxU1gxSFhKX1VlZjlwaDRwcl9laExOV3k1RmtVbDM0Z0h3S2JHYW1fY1E3TmIzd25pZ05UOEM0a01DaXdqYWtCbjlYX3VIODlmdS04R0lpTkp5LVR4djQzdUk2aVlkeFhHdHFvY3RZaHQzTHFJSmN2bk9HeVFvcE5FTU9JS2JoLWVKcWFFT3JCN1NGWnlBZDgwRDVyTkMtTVhXanpHd3hDQjBaX2xDQ3NXZGxUQQ?oc=5) · GMToday.com
- 2022-05-17 [Ixonia Bank opening mortgage office in Brookfield - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMie0FVX3lxTE1mSF8tR3NZWF9sOUVjb1o4RjF0ZzIzVXcyTUZmdkFRSjBnOVhPaGZnWHp0U19MWWZ5NnFURWhvc3kzZWV6UXdKV3ZPb3RTX2F3QlltaDJfTmFBR0NjZ2o2YnQxYmZEX2F1SGRLR1FXZFg4aXN3WE1iRHZWQQ?oc=5) · BizTimes - Milwaukee Business News
- 2026-04-17 [Ixonia follows 'boring' strategy to become a $1B bank - The Business Journals](https://news.google.com/rss/articles/CBMimAFBVV95cUxNZExVcC1zWGxXMkNMMG4wYkExS2lQUmFKT2NfejVkX3BUNWZYc1RhSW1jV082cXh3U0ZXNXMyOC04V2E0QkM5a3gwY080TXpRVEFJcUc2b2RLN18tUGJJd24zQWJqc0doVGFQWGh2TnpHQUUyblVYcFBHajd0Sk02WUtFSVc1SHZ2Y3BhUmlRa0ZZQ29oeXZURQ?oc=5) · The Business Journals
- 2024-02-27 [Ixonia Bank Announces Community First® Accelerate Grant Recipient Maures Development Group Secures $25,000 Grant - Urban Milwaukee](https://news.google.com/rss/articles/CBMi5AFBVV95cUxON2hMbVVIWWloeTlSRWdQX2o3UGpnNFA1YjRaMEthcmtYVXl0WXZZWlBXVU1hc1dRRWZEYmRIbFo4Z1ZuVURHcWN6SkZEaE5qYnlzMmU4NHY4bjlSMjc4elA5LU5WUklPM1FGSHhoNV8xWkJSa2VVemthTGJMNkhaRWY2VmU0TWEzNkd3UGxRSXJrTV9uRzRkZFd1YW9BSXJaTHphd1hXS2ZCalZqOU9PM0xXN2hjVXpsV3ZMd2c2NmU3ajFNeXB6TDBtS2VKcVVJZF8wQkZCQlBqTVVnaUlSeEo4cGE?oc=5) · Urban Milwaukee
- 2018-12-18 [Ixonia Bank announces 2 promotions - wdtimes.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxORWE0QVlhWmFIRE1iSk54TC1vZHVOU19sMUtIQ3YzZG11ODloOExyeDFJd1hld25aVm5NVHc5U0VGQndpczU4dkZKUFpZZEFMR1FVeF8wNng3RlRfNGY0dDBVRTRIODdwZlZBa2ZVb05iWjZkVjVUS2NkODFwUFNSTklxeHRWbjlSaUtuR2hBSXJVa2pHYkxRRkpOTjROUEw0WFc4eW4zenI0TXE4WEtCUzVrcWNhTmhL?oc=5) · wdtimes.com
- 2019-12-16 [Ixonia Bank sees opportunity in downtown Milwaukee - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMifEFVX3lxTE9FcGZuS1ZjN3hPT3QxWkc4NC15N0JmaXdFWE5nUVY5MktxcW9SaGVBcFNVVUY0LXppaGZPbGhwUlNkSmJ0cmg3WDVlVUt4cHkzcUwzWTFCZDlzcUVQYl9LVEJhSUs1YzlKU1phSVkxblZZN3dmbzhwMklkTWY?oc=5) · BizTimes - Milwaukee Business News
- 2023-03-08 [Chase Bank plans Lake Country office in former Ixonia Bank space - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxQMFlLTWZuSjlhYWlZSjZucTRuRDhUenF1d2N0OE9nTE5CZDRIcGtpdnlaWnpnWFcyb1lmVTg1Y2dqUTVtNl9RODd1NUJxZW5YOXF3NjdJc0U1cXlCRnltSkJIVXNQNGkxYXdqMThnYXBoVTlMYWVqQ0ZRaDhvRG1Fa1A3WGdVSDczVHl5dnREOFROSkNXaUVxVTNQdy12bm9FT0U2ZzhUSQ?oc=5) · The Business Journals
- 2018-01-16 [Beth Wnuk takes leadership role at Ixonia Bank - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMid0FVX3lxTE01Ym1kQXVwcUV4YW1ib21WbUFkN3cyaWhxQUdnWG5PaWFhZVozOEdDak5UVkFocVY1eHdxSXlGY05ISmp3N2J2NzhHX0tOcUVrSTlnYUI2T3c2QWJTT3YzNG5LaTFiUnNQTFhwUk9RaHVYNEtkbGQ4?oc=5) · BizTimes - Milwaukee Business News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12514 (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/34.json (key "12514", 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