# BANK MUTUAL
BROWN DEER, WI · FDIC certificate 30125 · asset band $1-10B · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 7 (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 | $2.39B | |
| Deposits | $1.79B | |
| Loans and leases | $1.86B | |
| Total equity | $455.9M | |
| Loans / deposits | 104.10% (p87 of band) | 89.39% |
| Liquid assets / assets | 5.89% (p1 of band) | |
| Uninsured deposits / deposits | 12.53% (p17 of band) | 25.84% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.59% (p26 of band) | |
| FHLB advances / assets | 3.59% | |
| Tier 1 leverage | 11.30% (p76 of band) | 10.01% |
| Unrealized securities loss / equity | 0.00% (p94 of band) | -2.36% |
| AOCI / equity | 0.00% (p96 of band) | |
| ROA (annualized) | -0.67% (p1 of band) | 1.15% |
| Net interest margin | 3.37% (p34 of band) | 3.58% |
| Efficiency ratio | 116.72% (p100 of band) | |
| Noncurrent loans | 1.26% (p86 of band) | 0.48% |
| Net charge-offs (annualized) | 0.01% (p43 of band) | |
| Reserve coverage of noncurrent | 6.20% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 30.00% (p36 of band) | |
| Auto loans | $1.3M (0.07% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | -8.3% | |
| Employees | 447 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 | losing money | noncurrent p90 |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | expense ratio p90, uninsured deposits leaving | losing money |
| 2012-06 | 4 | capital falling |  |
| 2012-09 | 2 |  | expense ratio p90, capital falling |
| 2012-12 | 3 | deposits shrinking |  |
| 2013-03 | 3 | assets shrinking | uninsured deposits leaving |
| 2013-06 | 2 |  | reserve under noncurrent |
| 2013-09 | 2 |  |  |
| 2013-12 | 1 |  | assets shrinking |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | deposits shrinking |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | capital falling |  |
| 2015-09 | 2 | wholesale funding >15% |  |
| 2015-12 | 0 |  | capital falling, wholesale funding >15% |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | wholesale funding >15%, capital falling |  |
| 2016-09 | 3 | loans exceed deposits |  |
| 2016-12 | 2 |  | capital falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 7 | liquid assets <10%, losing money, expense ratio p90, reserve under noncurrent, deposits shrinking, assets shrinking | wholesale funding >15% |

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

- 2017-07-20 [Associated Bank to acquire Bank Mutual for $482 million - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMijwFBVV95cUxOQS1RU1FUWG9mdkxXaWEtdE1uRDlLTTBHdUNkbm5teG8wdVVSZ2txbVZMczM1S0NCQUd3SVNPQk5KZHFvS2puTzY5N2E5aFNEd3RSc1k5Y3NmeDVhdDRfSlBDZ0o1ZDVadXcwY21JVURJZGEzV2x5WGdDd1lSX3lDSGFmdVFWTDM5b3hFaE9Ibw?oc=5) · BizTimes - Milwaukee Business News
- 2017-07-20 [Associated to buy Bank Mutual in merger of large Wisconsin banks - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxPMFUwc25ObFlYYXdqMUd6dWd1Mmg2QzM3SUY0YjA2VlJUWlh0cHlSU2E0cnBzRkN5enc0ckxscnBwYURJOGZORXk3eGVDS25URm1RbE1kMGlYY0xHTXpXNDRDMGFOV0ttLU5Bdm9tNXRITmREeUtIMHVDMEk5bVlCSEFseWo4QndUZDBqaUxfR3AyZXRoUGR1c0VHR19oZ3JiQnc?oc=5) · American Banker
- 2017-07-26 [Associated Bank to merge with Bank Mutual in $485M acquisition - Milwaukee Independent](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNdW9zaUc5Rl9qcXIwRWVUV0FDU2Rjd0Y2SkNJeTJJbGZrQ01Odlp0MmtMRThpMmFFUERwY1E0UEJCWXdZZ0ZvTzUxbE0wT19uRVpoRm1TbzJLbFZqU0cyRmZ4VDFMejhmNE0za1N2RlhKbmJEajFYT0wwZVl2cktvOHRwTlpLRjdjWlZXWlJEWk9PSk5YQkl6aWc1N0NvSjBHQkdHNm9hZ2d4UQ?oc=5) · Milwaukee Independent
- 2017-07-20 ["Joining forces:" Associated Bank-Corp acquires Bank Mutual Corp. for approximately $482M - FOX6 News Milwaukee](https://news.google.com/rss/articles/CBMiswFBVV95cUxNdmw1U3NXS0NORnFzNWpxc1lzZWhfNlk0UHoyRnpJejFZNW91UHFYUXdvTFVmdkJkcjBjbEhHNFdiSDhrX18yWFVkTnJzVTNJaThoeXh5NE9DME1YSkNEa1FRaGtBX2o1YzZjMm9TaFBFV1M3Umg1QXBQLUhBSEVhZE1fU3JTRkhLX2J3QXc0MERRM3k2UHVkcDhTYVNOYWRHa3RkaDl2LUo3NTNZY1hydVRFYw?oc=5) · FOX6 News Milwaukee
- 2017-07-20 [Associated Bank buying Bank Mutual in $482 million deal - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNQmowbl81LUxzSjdvZzhBbWZYSVRZaUlFYkdFNVREVkZhTFVjZS1ib3BJaXlaOVBUZVVvT0pHSC1Mc2I4TWlvZXlmWWcwRVNUWWhiSnV1NnQwcjZmNGl4Sm1sajU2S1prWWZzZ055UG04OU9MNVd1bTNBSlpuNXd3dUcybVl1ZWotSDkxSjV4cFJZRVVXQXlfR29hMzg0TUJCQnR6dkNGT3M?oc=5) · Milwaukee Journal Sentinel
- 2018-02-01 [Associated Banc-Corp completes acquisition of Bank Mutual - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxNS084cUktZkpfcWs4cEU3WVZScmU2clcxc2p0UUpTdTd4S1ZFMkhINXBIZ0ZzMGlNRjAxNE0tbUNpdGw1NXI1akhJdXYtRXRFLXJ5b2ZLa3ZWQkc5aGhaZjBoNk5lRC1yWm9oeFpqT0pVV1VYWDRZclVkSEJKU3FTcUdUeVRDMnF4UFIzMWxkTE9ZY2xoeVRFMlFGYVNVSHFUUlF5dUpLUTZpcmh1U3c?oc=5) · The Business Journals
- 2017-09-12 [Alta Resources buys vacant Bank Mutual building on a prominent Neenah corner - The Post-Crescent](https://news.google.com/rss/articles/CBMizgFBVV95cUxQeW00MGtpQmhwZVkwX1RLUURteE02Y0pRYmV6MzZ5NGxULUhqVUdhWlV0T0l6REtqcnJpS0VzTm5uNmdmc0dDSlR4bkJPd2w4Z25EdlhVbjhkZTdMc2c4blRvbG9PM3YwcG5MaGJYQkpJOXc2UHF5dlZvOWtNRWRhT0ViSnJ4V2lvY3c4X1BVVmFfdWFod3NfUV9GTVJ5MzhiZEpqYmpRZy1SMnNIZVo3RFFhN2NXNERXNmw1MEtmTkdydFRYRGRqN3gxSUZfQQ?oc=5) · The Post-Crescent
- 2015-02-10 [Bank Mutual closing Green Bay, Peshtigo offices - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMitwFBVV95cUxNdVUtYVVZMGJfbkJLcUF2TTRoOU42MkwydndnU3ZQVG00ZVZDQ21rRDBaWGE0dEluU2dkVXg3ZVFpeWhhTzdDS25FbDBYemppZ240M3VGUjROejZUVlp5TVZYcXM0QU1ONzQwamlPci1oeGFqdnlCSGtneDYxUW8yUDYyc0kyeU5EbTF5ZW9DaGlTbzRvajV1TXhDMkxhNHgwZl80VlFjZzF2RkJfWDlURTNWSnVpRmM?oc=5) · Green Bay Press-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=30125 (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/45.json (key "30125", 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