# MARATHON BANK
WAUSAU, WI · FDIC certificate 29745 · asset band <$300M · 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 | $261.1M | |
| Deposits | $197.8M | |
| Loans and leases | $219.2M | |
| Total equity | $38.6M | |
| Loans / deposits | 109.92% (p97 of band) | 73.59% |
| Liquid assets / assets | 9.71% (p3 of band) | |
| Uninsured deposits / deposits | 17.59% (p41 of band) | 19.81% |
| Brokered deposits | 5.38% | |
| Wholesale funding | 13.83% (p90 of band) | |
| FHLB advances / assets | 7.66% | |
| Tier 1 leverage | 15.34% (p79 of band) | 11.76% |
| Unrealized securities loss / equity | -1.65% (p72 of band) | -6.57% |
| AOCI / equity | -0.03% (p68 of band) | |
| ROA (annualized) | 0.78% (p29 of band) | 1.17% |
| Net interest margin | 3.55% (p31 of band) | 3.93% |
| Efficiency ratio | 73.53% (p68 of band) | |
| Noncurrent loans | 0.03% (p28 of band) | 0.36% |
| Net charge-offs (annualized) | -0.23% (p1 of band) | |
| Reserve coverage of noncurrent | 2645.45% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 4.58% (p28 of band) | |
| Auto loans | $247,000 (0.11% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 7.8% | |
| Employees | 31 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | noncurrent p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 2 |  | noncurrent p90 |
| 2011-09 | 3 | capital falling, noncurrent p90 | charge-offs p90 |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 | charge-offs p90 | capital falling |
| 2012-06 | 4 | losing money |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 4 |  |  |
| 2013-03 | 2 |  | charge-offs p90, losing money |
| 2013-06 | 5 | capital falling, charge-offs p90, uninsured deposits leaving |  |
| 2013-09 | 5 |  |  |
| 2013-12 | 7 | AOCI drag >20% of equity, losing money, expense ratio p90, assets shrinking | capital falling, uninsured deposits leaving |
| 2014-03 | 6 | uninsured deposits leaving | AOCI drag >20% of equity, expense ratio p90 |
| 2014-06 | 6 | deposits shrinking | reserve under noncurrent |
| 2014-09 | 4 |  | noncurrent p90, uninsured deposits leaving |
| 2014-12 | 4 |  |  |
| 2015-03 | 3 | uninsured deposits leaving | charge-offs p90, losing money |
| 2015-06 | 2 |  | uninsured deposits leaving |
| 2015-09 | 0 |  | assets shrinking, deposits shrinking |
| 2015-12 | 0 |  |  |
| 2016-03 | 2 | expense ratio p90, charge-offs p90 |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | expense ratio p90 |
| 2017-03 | 0 |  | charge-offs p90 |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | expense ratio p90 |  |
| 2018-06 | 0 |  | expense ratio p90 |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | expense ratio p90 |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | reserve under noncurrent |  |
| 2019-12 | 1 |  | reserve under noncurrent |
| 2020-03 | 2 | deposits shrinking |  |
| 2020-06 | 0 |  | expense ratio p90, deposits shrinking |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | wholesale funding >15% |  |
| 2021-06 | 0 |  | wholesale funding >15% |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | brokered >10% |  |
| 2022-06 | 2 | liquid assets <10%, capital falling | brokered >10% |
| 2022-09 | 3 | loans exceed deposits, brokered >10%, wholesale funding >15% | liquid assets <10%, capital falling |
| 2022-12 | 1 |  | loans exceed deposits, wholesale funding >15% |
| 2023-03 | 1 | liquid assets <10% | brokered >10% |
| 2023-06 | 0 |  | liquid assets <10% |
| 2023-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2023-12 | 5 | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |  |
| 2024-03 | 8 | losing money, expense ratio p90, assets shrinking |  |
| 2024-06 | 6 |  | wholesale funding >15%, uninsured deposits leaving |
| 2024-09 | 5 |  | liquid assets <10% |
| 2024-12 | 4 |  | deposits shrinking |
| 2025-03 | 1 |  | losing money, expense ratio p90, assets shrinking |
| 2025-06 | 2 | liquid assets <10% |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 4 | wholesale funding >15%, uninsured deposits leaving |  |
| 2026-06 | 2 |  | wholesale funding >15%, uninsured deposits leaving |

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

- 2024-06-25 [Marathon Bank Announced Today the Promotion of Michelle Knopf to Chief Operating Officer (COO) - newswire.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxOblRjcm8zOVlERC1uVWZCWFRSSkNaTXY4ZDVCR19HT0lfZWJMY1JTOTZocWtSMW9oV3BBREFDajhDOVZjLTJTbUVUb0l3aXZMcFdxWHV6SkZHc18tMl90eFpCWDFlNlJTZEJ0M3FKMVhEYktRR0ozT2RtTnZTV2RBb0txQVRpcFc4MEMyUlE3LUpoYmo2TlFGZGdOcU5lUGl6bjhaS0Q5UVRjdW9YVVE?oc=5) · newswire.com
- 2025-04-25 [Marathon Bancorp (MBBC) Stock Price, News & Analysis - Stock Titan](https://news.google.com/rss/articles/CBMiU0FVX3lxTE92TzhLOE11UWlTWHZFRzEwYUhfZTFjeHJHbjM4NTIwc3ZjSzJTVkRGbHN0SWxWZ295OTlBckZVX1VNYVd3UlNBX0hERGVlV3hyVm1r?oc=5) · Stock Titan
- 2024-10-06 [Bank of America Chicago Marathon: What to know one week ahead of race day - NBC 5 Chicago](https://news.google.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?oc=5) · NBC 5 Chicago
- 2023-03-27 [Coffee with Larry, Bank of America becomes first presenting sponsor of Boston Marathon, Bank of America appreciates the Boston c - RunBlogRun](https://news.google.com/rss/articles/CBMiggJBVV95cUxOVXFxbVp6b3pKUUNLZnVEU1NjU3dFSFB3NXpFMHNuemhJVzB4TUxXUWdfcHF1RXBBNVlxU1AzclNrdnVYczZFbmFEOGZJbnQxb04yRFZsT0Q0MXJPWXd0UHRrZ1BkUHdkNXdoRmJ6ZUczQUc0STZOcFRobkNWQktCMUdKMjZtTjEyODZudm9BNENUaHUyd0oxaDVjQ0kxT29wUG1QSV9kWF90bFAwVm5sOExFTkthTkZONzA0SXNTSy02V1hweEZ0Wk9JSFM1MVpGaklPREx2SG1mWnh3eWo4QTRjOWxXT1o4YUVuT0pKNXdDTF96eFZFYjFpYWdOQlRRd2c?oc=5) · RunBlogRun
- 2018-11-05 [Marathon Changes Name to Reflect Expanding Customer Base - newswire.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPMkl0RFQwSHJQbDZxdWRQVXVxVFBxcnVpY1VPdW5MLV9saS02VlhHdi1lbXFVcV9CVDdSdVVQZzZ3TnF6bDlWVjFzUUx6dUFVZDgzQlBIV3FMSkUyVWYwY1lxOEZVajIwTWtKbTAxRFctUUlRRUM4di1qQm5hZERnUzdMSG5sVEYtRWEtNTBiQWZrNmdRUXNqdHZLaw?oc=5) · newswire.com
- 2017-03-23 [911 calls released from Wisconsin shooting spree that left 4 dead - nbc26.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxQOXN3RnFIZWxzQkFfS1dhYlN2bTNuNHh0WmhhZTNYZ0s4NDhiYUNoZnJwUTRBUS1zSEFmMU42V3hrZW1JajNjTlNHX3dzQnRCLS1RTTc5dzJWOUNPWlo3QlZrS3VzVWhCQ3VncDRtS3cwd0pQYVBxUFJtaUh2UXRyUkYyVTdibWEyeGtTX2RYVjc5WnlDSEc0U05RbkZ3MEgycjFMMy1n?oc=5) · nbc26.com
- 2025-03-08 [Full Court Press: Marathon County civil cases for January 2025 - thewausonian.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPZG5yR19nSWt5eVpmOGl0OHJWa0NFMWxudE5wR29UcnNFSlZZMnZKWWZwOEMzeWRpN0xSWDZKUHlrTl9XWjFPYkNxaGNFUjlPbUczZ2h0VnE2WWJTbzUzblNsUi15WWpUVkVnLUQwV1ZyR3IyejNGRGZFSXRuLUxVQThXOHFMbTIxc0k0NkZVcmJuUQ?oc=5) · thewausonian.com
- 2025-10-14 [CoffeewithLarry, Episode 799, October 14, 2025, The Bank of America Chicago Marathon, two great elite races, 55,000 stories! - RunBlogRun](https://news.google.com/rss/articles/CBMi7AFBVV95cUxOSUNxSFNJTUpuNklzdzhBdHM2LXJIbEtEd09hdGF6MWNZNjFQUlpXNDhwUmRiWkUtTVl2VDZHYm1PRjhaTG9vVzdkTjA5T0dBdEdUVXFod1dhMUJvMnNlU3l4WlI1R2ZIcEtaVGRMT0RrLTlfMUtvMFhFSFdVdDZMTk56eHREeWs1Z2ZxbDRTY2tQQUdIMXVQY2pRcEpubXJ4RVZSUF9qX196WF9aT3AxbjJLb0ZETmkyRWpkOGdVS1Q1S2xRVzNJYTJUMkpjRHdCYWpLNzZOaGRsckIxbXdaTVFkUUlFNm9GczZpNw?oc=5) · RunBlogRun

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29745 (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/49.json (key "29745", 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