# BAYLAKE BANK
STURGEON BAY, WI · FDIC certificate 13060 · asset band $1-10B · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *fortress*. 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 | $1.06B | |
| Deposits | $833.4M | |
| Loans and leases | $743.0M | |
| Total equity | $132.3M | |
| Loans / deposits | 88.44% (p53 of band) | 86.87% |
| Liquid assets / assets | 22.67% (p50 of band) | |
| Uninsured deposits / deposits | 15.52% (p24 of band) | 25.28% |
| Brokered deposits | 0.19% | |
| Wholesale funding | 8.59% (p47 of band) | |
| FHLB advances / assets | 3.47% | |
| Tier 1 leverage | 11.21% (p77 of band) | 9.62% |
| Unrealized securities loss / equity | 3.44% (p76 of band) | 1.65% |
| AOCI / equity | 0.76% (p58 of band) | |
| ROA (annualized) | 1.01% (p60 of band) | 0.92% |
| Net interest margin | 3.60% (p61 of band) | 3.47% |
| Efficiency ratio | 62.12% (p41 of band) | |
| Noncurrent loans | 0.35% (p25 of band) | 0.66% |
| Net charge-offs (annualized) | 0.02% (p45 of band) | |
| Reserve coverage of noncurrent | 226.69% | |
| Real estate % of loans | 74% | |
| Construction % of loans | 33.45% (p44 of band) | |
| Auto loans | $2.7M (0.36% of loans; DQ 0.30%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 9.1% | |
| Employees | 242 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 3 | deposits shrinking, assets shrinking |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 2 |  | reserve under noncurrent |
| 2013-09 | 0 |  | deposits shrinking, assets shrinking |
| 2013-12 | 1 | deposits shrinking |  |
| 2014-03 | 1 | uninsured deposits leaving | deposits shrinking |
| 2014-06 | 2 | wholesale funding >15% |  |
| 2014-09 | 1 | capital falling | uninsured deposits leaving, wholesale funding >15% |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |

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

- 2016-04-14 [Shareholders Approve Baylake, Nicolet National Bank Merger - Door County Pulse](https://news.google.com/rss/articles/CBMijgFBVV95cUxPUGVPZ2tDX0tBTVlyRTFfNVpJU1kteC1lT2s3RmpuZ0ZpMk5ZUi1FSUpEcWs4eFJ3YkJLdU8zWElvZHRZdS16dU1lU1NhbTd6SnV0WUhiWWlsNFpyNFZPWUZ5WUxVcHlCWE9RUFIyZGoyUC1fcUZJWW9wNWRmeDJKWGZza1ctR0ZVWXVqYk1R?oc=5) · Door County Pulse
- 2015-09-11 [Baylake aims to retain identity post-merger - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMixwFBVV95cUxPdjJTOUx3M3A3cnVMUUxtdWViZ19zbi1odHpBYmtYRG0xUmlIbi1RZ3R1bm9tRnZOTHpZYmUyMkk3T0Z6V2UydVlhUW1femxYM2pmbC02bEY0TUhsMEJmaldKd1lfa2dIdHpadk8xc0g3dzVvSE43S3NWWnpSdUp5SWlMNnhRSFJDQnhQY2dZbVlnY3g1LW5VUjBNQVhMemRTYVBwbmZxMmNra1MyREFuVGxwOTNFSS1CSWRkUC1jZE9Fd1hVYldv?oc=5) · Green Bay Press-Gazette
- 2025-10-23 [Wisconsin bank to buy Iowa City's MidWestOne Bank in 'transformational' $864M deal - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQdzlSRk50LUxKQ3hlVF9vMmV5ZDJIM2xqOEJVRUhwNHpqa3Z1Qlhkdlh2MFFGOFota0NLd1ozSGVYZ19iWkx1R3NKVTJkQ1ZoWnVpTUtHQkR0Tm0yR0FVYkN6RnFqM29yVFZvZmljcWxfbDJneXEtclFqUS1tTlJwMG5XS2ZjR19hdlV0WGVTNHQwYUdQZ0ZwYXl0V0xOVnR1alFlWG0zZ1BSZ0xiSXFOUmFRVjNvR1RiT3RYZkVzZkxtdw?oc=5) · Iowa City Press-Citizen
- 2016-04-29 [Bob Atwell and Nicolet National Bank Come to Door County - Door County Pulse](https://news.google.com/rss/articles/CBMihAFBVV95cUxOUi1sUkRmXzZ5eFNHWGRNN0V4Y2Y4S1VtdUE0RlRnRlZfUUFPTlU1YUVoclNYbklMemlhRUdvb1hEYXhZQUNzdG5iMldXc2NoM2x4Qmh1S0R1cUUtWGFUQVN1LXJfR0t2MXhodEE4T1dYdTlFOGp6S3FxN0xnUWQ2dmNRQ1E?oc=5) · Door County Pulse
- 2016-02-24 [Regulators approve Nicolet-Baylake bank merger - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMitwFBVV95cUxQckFHZVBKLXNKNmZwU0MzV08xcFZpdnZRUUJqWW0wMVAwTXVhTzdfajA5WlpGaFEtNXUzQnVtOUFUNDE4RDFtMVBtRC1tN05XeG1DSTVUVFNHS0JCSzdQNVBDWE53WHB2QXJwQUZiMEMwVDRiWGVmeUpHWmtKaGtBNl8tLWZqME9IejNBTDFjcUJBcEt2b0M3M2dGaC0yOUp5dXRaS1hmTU9aMlFhR0hocE1lRWNxSG8?oc=5) · Green Bay Press-Gazette
- 2014-07-10 [Joseph Hockers Named Vice President of Baylake Bank - Door County Pulse](https://news.google.com/rss/articles/CBMihwFBVV95cUxOMGI2aVJTaGZsbzRzNnBYcW5La2EyMXVVeDhMSW1SLXZBVmprYklkZ2pVRi1hTmJ6ZnNvZzU5dXhSOWtLT3FmY3J2N2ItdXg0QkFPaF81MGtNbEdNUEZfeE1kT0ZLYjVkUndwLXpaZ05kX2Y4QWRCb0x2NDIwZzMyLU1QaXFDT0U?oc=5) · Door County Pulse
- 2014-03-19 [Edward Strege Obituary (2014) - Formerly Of Egg Harbor, WI - Door County Advocate - Legacy obituary](https://news.google.com/rss/articles/CBMimwFBVV95cUxQVlZHMWt3REdvcUNSRFpkZ0V0YmlMcy15UTFhM3lOeTlUU3k1RU80YXdwVHNlejlYRE92WldacVhoQWJIc3hROFVvZ0VXMDhOV21wZEVZZVNHcC1zYUI2Sm5HNl9MdzBFQWFqbTc0MklxWmhjblBMNEVjYW1HMmJmMUFvLWJBNWJLbDVYVnhPNFlkZnpuNXlrSEpkRQ?oc=5) · Legacy obituary
- 2016-05-26 [Baylake CEO Cera's tenure at Nicolet Bank over - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMijwFBVV95cUxNREtac3hhUDlucEdROU1yYi1RMkpIMnBjS1R1aGJDN0pjM09TcVlQUEJSZFBGSThBUEJONHByaVRna1pvS051ellUZ3FDZDlmdkFyYTV4M2taX2FXRjNSdGVFd2dER3BmTmhSYjBXMGx2V25XeFlsenE0TUhkbHRER1ROc0xYZFZya0tsREs2TQ?oc=5) · Green Bay Press-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13060 (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/4.json (key "13060", 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