# PYRAMAX BANK FSB
GREENFIELD, WI · FDIC certificate 29120 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $588.7M | |
| Deposits | $406.2M | |
| Loans and leases | $418.7M | |
| Total equity | $64.5M | |
| Loans / deposits | 101.98% (p91 of band) | 82.04% |
| Liquid assets / assets | 23.57% (p45 of band) | |
| Uninsured deposits / deposits | 15.97% (p15 of band) | 25.97% |
| Brokered deposits | 1.53% | |
| Wholesale funding | 19.42% (p93 of band) | |
| FHLB advances / assets | 17.20% | |
| Tier 1 leverage | 11.23% (p58 of band) | 10.81% |
| Unrealized securities loss / equity | -19.74% (p23 of band) | -8.10% |
| AOCI / equity | -0.98% (p23 of band) | |
| ROA (annualized) | 0.44% (p10 of band) | 1.28% |
| Net interest margin | 2.80% (p7 of band) | 3.91% |
| Efficiency ratio | 80.35% (p89 of band) | |
| Noncurrent loans | 0.25% (p37 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p20 of band) | |
| Reserve coverage of noncurrent | 427.32% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 56.18% (p61 of band) | |
| Auto loans | $25,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -3.2% | |
| Employees | 85 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | wholesale funding >15%, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 3 |  |  |
| 2011-09 | 4 | losing money |  |
| 2011-12 | 5 | capital falling |  |
| 2012-03 | 5 | noncurrent p90, assets shrinking, uninsured deposits leaving | expense ratio p90, losing money, capital falling |
| 2012-06 | 5 |  |  |
| 2012-09 | 7 | charge-offs p90, deposits shrinking |  |
| 2012-12 | 6 |  | noncurrent p90 |
| 2013-03 | 6 | expense ratio p90, noncurrent p90 | uninsured deposits leaving, charge-offs p90 |
| 2013-06 | 6 |  |  |
| 2013-09 | 4 |  | assets shrinking, deposits shrinking |
| 2013-12 | 3 |  | noncurrent p90 |
| 2014-03 | 3 |  |  |
| 2014-06 | 4 | brokered >10% |  |
| 2014-09 | 6 | capital falling, losing money |  |
| 2014-12 | 5 |  | capital falling |
| 2015-03 | 3 |  | expense ratio p90, losing money |
| 2015-06 | 5 | expense ratio p90, assets shrinking |  |
| 2015-09 | 6 | capital falling, uninsured deposits leaving | assets shrinking |
| 2015-12 | 6 |  |  |
| 2016-03 | 4 |  | expense ratio p90, capital falling |
| 2016-06 | 4 | expense ratio p90 | uninsured deposits leaving |
| 2016-09 | 3 |  | brokered >10% |
| 2016-12 | 3 | capital falling | reserve under noncurrent |
| 2017-03 | 4 | brokered >10% |  |
| 2017-06 | 3 |  | capital falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 4 | capital falling |  |
| 2018-03 | 3 |  | capital falling |
| 2018-06 | 4 | losing money |  |
| 2018-09 | 5 | capital falling |  |
| 2018-12 | 4 |  | capital falling |
| 2019-03 | 3 |  | losing money |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 | deposits shrinking, assets shrinking | wholesale funding >15%, brokered >10% |
| 2019-12 | 5 | reserve under noncurrent, uninsured deposits leaving |  |
| 2020-03 | 4 | wholesale funding >15% | reserve under noncurrent, uninsured deposits leaving |
| 2020-06 | 3 |  | assets shrinking |
| 2020-09 | 2 | capital falling | expense ratio p90, deposits shrinking |
| 2020-12 | 1 |  | wholesale funding >15% |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 2 | expense ratio p90, NIM <2.5% |  |
| 2021-09 | 3 | capital falling |  |
| 2021-12 | 2 |  | capital falling |
| 2022-03 | 1 |  | NIM <2.5% |
| 2022-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2022-09 | 3 | AOCI drag >20% of equity, securities losses >30% of equity | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | wholesale funding >15%, capital falling, deposits shrinking | AOCI drag >20% of equity, securities losses >30% of equity |
| 2023-06 | 6 | securities losses >30% of equity, losing money, NIM <2.5% | deposits shrinking |
| 2023-09 | 5 |  | wholesale funding >15% |
| 2023-12 | 4 | uninsured deposits leaving | capital falling, securities losses >30% of equity |
| 2024-03 | 2 |  | losing money, uninsured deposits leaving |
| 2024-06 | 3 | losing money |  |
| 2024-09 | 2 |  | losing money |
| 2024-12 | 4 | loans exceed deposits, wholesale funding >15% |  |
| 2025-03 | 3 | capital falling | expense ratio p90, NIM <2.5% |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 | uninsured deposits leaving | capital falling |
| 2026-03 | 2 |  | uninsured deposits leaving |
| 2026-06 | 2 |  |  |

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

- 2026-06-18 [NORTH SHORE BANK AND 1895 BANCORP OF WISCONSIN ENTER AGREEMENT FOR NORTH SHORE TO ACQUIRE 1895 BANCORP AND PYRAMAX BANK - EIN Presswire](https://news.google.com/rss/articles/CBMi-gFBVV95cUxNSzBVTHRudEVVUDRuTUhRMGJqb016eFk2NUM1OU1fSXJFWkkxLUZwajBBRklhb3V2bmpkM08yNHNGX2xBNnRISWQzbmpNeER2SVJuQlVuUzk5MkpTMVQ1S1kwWXZsR0ZMNmk3Q1V3dGY1U1dsZFlhMkxtQUFGekVHSXpWdlF1MzBRQ2gxQ2xOeVpFeERKVkdQMDQwQW45Y2NlS1h3SmJTRjNZc2VXNGtCY1BLUW45WEZRN25FS2JNaWl0Q3ppVGtzQVZpZkw4NVREZGd6SF93ZXI4N0prTXZLbnNrUm9YRUUxaXNWQjQ1cEZPdEFnWXlvUnBR?oc=5) · EIN Presswire
- 2025-02-18 [1895 Bancorp of Wisconsin, Inc. Announces Engagement of Keefe, Bruyette & Woods, Inc. to Explore Strategic Options and Voluntary Nasdaq Delisting and SEC Deregistration - PR Newswire](https://news.google.com/rss/articles/CBMivwJBVV95cUxOaUZ1cHZLUnZiaDRSODBtLU1ob0F2UENDNURENUpOMlIxTV83UHdpWTBhWnFubHlBYThndGxpRkF2bUwwcEJSVTdwMnk5UDAydHcxT19IeG9YUTY1M3RWSXBvS01xRXpiY3B6RTZEcWNlX1hEMEpIMWs0Vm41QmV0V0V1ZS0tSHdpd0MxTWFRbTFyLVR4YW01MWFJY2x6LWNhTDhZUkYwajNSeTl0OE5zMzV4d2RZSVpPVExVTktiZDd2V0NjcUY5ZG93QVdEeXh3WGJiZWFBdXJHOHVEck5Xa3VUTU44WndtcXJ3YTRwMXRQUkNvWHlmdldzdkkwRDFITjQ1UTQzc3dfeDB1Umk4VmpQVmR1MGZaZnZCTWhDSDJkS2hWOW51bENVT0RTZEpQYjgzMmJ1bDBZUE1ydDhJ?oc=5) · PR Newswire
- 2019-01-05 [Milwaukee PyraMax Bank branch sold to Town Bank - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMieEFVX3lxTE5idnRSUy1Wb3VOUy1NUTZHV3MyMDVmMUtfZFpNbUktSXVlblVKaDJ6MHViOHhRSzd1SWRRVVp4aXZJRS1YREFPVkF0blp4c1lJMU9nTk82QXM2b3pNeWstMW02dHZ3cEZ2ZEtmcWJMd1BlcEx0cWVuaQ?oc=5) · BizTimes - Milwaukee Business News
- 2019-01-07 [Wintrust acquires branch of PyraMax Bank - Daily Herald](https://news.google.com/rss/articles/CBMikAFBVV95cUxQekJjWExzUnFOT015V1FyeHlobmoxeWs5Sm1CWUlERFNwTHE5TGZ6d2FhdVNJLVB3MGtrS2RfeXNVaWdzbE5CSHhrVzJxTDhrMndSbk1iaUE4M05YMzBZRVVBa3lDd2Z5QWQzT1pBUE9hdGhMYzVrN244cTRoSHhMNnpiWkg0dzE4QXkxekYyaEY?oc=5) · Daily Herald
- 2025-02-21 [Miami's getting a new bank; Citi adds an accounting chief - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxQcUZUdkZXVmlLaUxtZWZSbzlOOHhvYU40MVVPTGNoTnJYYWdpMGZrbzBNbVRSMHQyZTNmeW5HTWUyeF9Hc1l6eTlORjFkZk80eE5xbExEdnpiQUg2U3Jmcnp2Ylp6d1RXSVdvZzBsbnd1SGVPN0xsbmY1Q2RUWDNZa0V3SFltcnJJc3U1WFRnT1pPSW5nSUhKX1BuZw?oc=5) · American Banker
- 2021-01-25 [1895 Bancorp Of Wisconsin, Inc. Announces David R. Ball As President - PR Newswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxNdjNDQll2UWNHNENJTnU5SkRRODkxbGVsMXVXaG5SblljcjdQRXpXcWJUT1ctaEhNLVdMV1d3bmVJeXRySzVmRjJHZ3NCTUx2NWxiWEZCazUtME5oLW9rSHF1amlGdmxLUHNFNERudWhLOHA1S25QVjRCVm82U3JnS1dlcDR0WnR0YUQwMHdneHdLd2F0TXd6RFFJSTJXNTJvQXZZREFTMXhrY2FwOVpvTk1fUlkyZ01ZZkx5M1h3?oc=5) · PR Newswire
- 2019-12-13 [Town Bank plans to build branch in Whitefish Bay - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMiekFVX3lxTE1WeXlHN011SVl4QW1LaUItVC1LeTkyOFdReVpSV01IYXd6S1g1NUx5emxMUUY2UWhHMnBBMV9VOEk1b2Q5NHJ6bVdwWnE2QnliWmJkNVJpNmtZOV9ZUExxUjBid2t3MHFZMmNrSDFNRktrT3Z5WXA5dUtR?oc=5) · BizTimes - Milwaukee Business News
- 2018-08-20 [SBA Loans: June 2018 - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMiU0FVX3lxTE5qN0lYUWNuaGRCdnNuaUZTM0kzRkF2X2dJSXdqRTc5NnA0Q1FLZFFieTVWMFRfeUxkanFyTzg0REdXaFlIUFJRR0xrbVoxbWkzdmRj?oc=5) · BizTimes - Milwaukee Business News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29120 (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/0.json (key "29120", 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide