# NORTHERN STATE BANK
ASHLAND, WI · FDIC certificate 15242 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $330.8M | |
| Deposits | $297.1M | |
| Loans and leases | $156.4M | |
| Total equity | $33.1M | |
| Loans / deposits | 52.07% (p7 of band) | 82.04% |
| Liquid assets / assets | 49.15% (p92 of band) | |
| Uninsured deposits / deposits | 25.10% (p47 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.92% (p32 of band) | 10.81% |
| Unrealized securities loss / equity | -0.34% (p92 of band) | -8.10% |
| AOCI / equity | -4.28% (p1 of band) | |
| ROA (annualized) | 1.66% (p73 of band) | 1.28% |
| Net interest margin | 3.94% (p52 of band) | 3.91% |
| Efficiency ratio | 54.54% (p29 of band) | |
| Noncurrent loans | 0.22% (p34 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p19 of band) | |
| Reserve coverage of noncurrent | 512.61% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 25.36% (p31 of band) | |
| Auto loans | $1.2M (0.79% of loans; DQ 0.80%, NCO 0.00%) | |
| Loans to nondepository financials | $1.5M (5% of equity) (p94 of band) | |
| Deposits YoY | 8.7% | |
| Employees | 49 | |

## 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 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 | reserve under noncurrent | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 | capital falling | reserve under noncurrent |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | capital falling |
| 2015-06 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-09 | 0 |  |  |
| 2015-12 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-03 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 4 | construction >100% equity, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2018-12 | 0 |  | construction >100% equity, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2019-03 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-06 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 | NIM <2.5% | capital falling |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | AOCI drag >20% of equity |  |
| 2022-12 | 1 |  | NIM <2.5% |
| 2023-03 | 0 |  | AOCI drag >20% of equity |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | deposits shrinking |  |
| 2024-09 | 0 |  | deposits shrinking |
| 2024-12 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2025-03 | 1 | reserve under noncurrent | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2025-06 | 0 |  | reserve under noncurrent |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

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

- 2026-03-25 [Northland College baseball and softball fields purchased - Northern News Now](https://news.google.com/rss/articles/CBMinAFBVV95cUxONWFkelpkdlZyc1FuZGhrYTNrQlRwaTFOcmJzNTRDRFNVQXdwMmctNGV1UkJqYW43NWZaSFpta3NqLXFraWZRT0JySzNVWlhYcm53VzJiQ0JlOGVKWEhvNVNnZmtyMG9lTU4tS25CdFJZOVNlSnotRk9ULVg2MzlmdFVSZHE3UExzVHVrcjlCZkNmRjB0dHhDUVluZFXSAbABQVVfeXFMTVhYMC1OZzJHZUlZMGE1LUVvMWRaMERfcmpXYXVsZnNma1BVNC1yZXNfOTVXbWtOZUh6c0ZIdjBVM2E0UjlJeFdCMGZTbEpjRFEtTjctRzJrVk9FM1hBSnRjVTFKUU1iX1lKUUJTZDhRYTlGVXdDZG8tUHd0T3NubmdybXpPX0JyWjhaVE55akRyd3VvcElWNUVYenduU1BsNEkxTDBSQWtZcFdPejNsY3A?oc=5) · Northern News Now
- 2021-01-21 [Mellen bank building sold, saved - apg-wi.com](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNMGxPSlV6RmhSOFpySDVqZWtkTGRYUThTR1dSSG9NajBBMUdDVmVEYWtNUEU3ZG9QbmJlUUNnd0RkaGdLejNjbTJFY2dwdjFCYjNGaVZ4ekxXUVRPaUxqaENHWF81NjNLdUo1VHU1RlNNekxuTlc5cDZRU0dEajE3X1FTbldnV3gtd2hUMERmRzBuQ3htWkp2LWNRSFpBSVBremZKVXMxZ0lGYkZYVGFpbWF2N0VPOGJoSkpPUmFEelZJWG95bURHSnFaX3hWNGNDSFpsNQ?oc=5) · apg-wi.com
- 2023-07-14 [Historic Ashland bank safe celebrates 90 years of operation - Northern News Now](https://news.google.com/rss/articles/CBMiogFBVV95cUxOOWl5RzhJekNqQU9ra0xpbzh5cUV5djZWaURibUs2cUQ4RFBZQ2gwWmJfMWpXZGtQbDRxckJoZmkzSUh4R05zTnFadFpzLWRwS0VBNVhkdERGbVJSWXBvOUplazdVeXJhWjFRR1JrTC1DUXV3WEZfelhqNi1Hb2JBRmRSYmVlYWhLSzBxQjE0aTdfR1Q3YjUxZERCWmw5MVlVR2fSAbYBQVVfeXFMTkdyWGNlUkpEbmlIdEhLNG9iY1oybXlwaENScGhZbVpXMTljQ0ZzbW9BYzIxakpfbkJ6Tm1HYTZObDhOTHZiVTliZk9rbG1CX180OGJKNEI0R2RYVXgwckozR1l6ekNleWowTTVkUmZjY0REUEZ6LXZNUGF6SDRZMzBzMklYenJCODQyX1hfXzQ0VktraS1iYndEc09heVhsaUpGODJTMkthd05WZmxyb0pwNjV2Q0E?oc=5) · Northern News Now
- 2026-03-26 [Northland College baseball fields will stay with community - WDIO.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPYVJtTnhxaGQ1RW9Oc1NQVWVSVXhlcnprRG4wMG5yUm5wLWJuWEZTVk5QWlBtNHlYcVZJSUhKc2tJbFZHdURoX3dNOE5oSkkwcThkc1FqLXdQTWlLTzlNMUNvOE51WFdnTkFvYk1qSVlJSGZYTFI0YkpGM1NfcE45b3BrTi1mNEdNd2tGSGtXWnRDU1BLcHJj?oc=5) · WDIO.com
- 2025-09-10 [Northland College in Ashland sells nearly $1.5M worth of properties, including athletic fields - WPR](https://news.google.com/rss/articles/CBMiigFBVV95cUxNaUxNaUc0dVNDbGVSYjlpMHZPblBsakJoVXdyRkdCckxmSTRQaHRpbzl6eXNKM3VDYUotQ1BhWEtLSmNoZWhSSTRhX0dPOGFaZ2VfSTZHd2dFNGVaV0N6VlNRaTA0cDBUaXFGTkVhRGgtN2pSUjR2c3BEUzd3NFFCZDUwWmRZbng5Q0E?oc=5) · WPR
- 2025-03-13 [Metzinger retires after 44 years in banking - apg-wi.com](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQWnowcktHN2V2M1dHdVREU0J6LUlDYkxidHRnQkZITThNS0MzSkYtMmxpRkR0RFBMSjZITVF5bDJpS25BbEtmcVUwSGdEaEJCckM3MVkxRDgwdlM4cWozeWdDN0tqV0MyVjZ0bFdnbEtLWkhQY1NHejJiN1NNamQ5ZlpObmN4VmpIaHd4d0VGY3U1aUkwM1NySmFxa1lDemhKazN0UUtCZzhiVXlhNjBvT0FaYzBTbXo4aUt5Qi1jNklZNThxUmhIcVM4QWpBYlpVRlE?oc=5) · apg-wi.com
- 2025-03-23 [Deborah J. Hagan Obituary | Mountain Funeral Homes | Ashland, WI - Tribute Archive](https://news.google.com/rss/articles/CBMidkFVX3lxTFBMRWxjendoLS1TUmNNR01LQUppNDJJZXFKV3AtYnVSNWtJbVhFNUNieV84NUE1MmIxUjR3NDRnVDlHaTU5MktUdS1xNlNVQjBFc1dhV0lGY3BNRW5QNjlWOEEwVVFsMUNzZmpsb2FtVDA1WTU2ZGc?oc=5) · Tribute Archive
- 2020-10-30 [Fans fight to save historic Mellen bank from wrecking ball - apg-wi.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxORERFeVFxSDJ6N3pEM3B1Q0ZBN0xlY3JiNXJqcHFJX3F5dG1PdnA2S0JpSlg4M2xCcTM1azlDMk1fVE8wU1NiVkZONktZYV9EOXFOdjM4WFRFVDdqclZZS0Q5UWNIb1d0elpQOEM1dEw0WXZkcmRqX0UzLWdpcWtFSmFkSFhyemdDeHk1M1dmUzJ2bklveGJid2FBb2Zjem5qcTl6NTVwdWx0WVJoNUtXS3pRZ2xYeW5rTzM1aGE0OEZkbExSejhpMGVCd2UyemVkM3ZZU1F1THdBcHZkMFZhOFFpclh6Sk9mSjJ2TVdWbjM3bjVVLThCaQ?oc=5) · apg-wi.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15242 (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 "15242", 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