# BANK OF LAKE MILLS
LAKE MILLS, WI · FDIC certificate 8695 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 5 (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 | $533.8M | |
| Deposits | $432.3M | |
| Loans and leases | $461.7M | |
| Total equity | $57.3M | |
| Loans / deposits | 106.31% (p95 of band) | 82.04% |
| Liquid assets / assets | 9.53% (p3 of band) | |
| Uninsured deposits / deposits | 20.27% (p30 of band) | 25.97% |
| Brokered deposits | 25.43% | |
| Wholesale funding | 33.30% (p98 of band) | |
| FHLB advances / assets | 7.87% | |
| Tier 1 leverage | 11.24% (p59 of band) | 10.81% |
| Unrealized securities loss / equity | -5.13% (p62 of band) | -8.10% |
| AOCI / equity | -0.42% (p46 of band) | |
| ROA (annualized) | 2.30% (p92 of band) | 1.28% |
| Net interest margin | 6.96% (p100 of band) | 3.91% |
| Efficiency ratio | 52.39% (p23 of band) | |
| Noncurrent loans | 0.69% (p63 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 67.68% | |
| Real estate % of loans | 51% | |
| Construction % of loans | 35.21% (p42 of band) | |
| Auto loans | $271,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 32.6% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

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

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

- 2024-08-19 [Bank of Lake Mills financial analyst Draeger earns graduate certificate - hngnews.com](https://news.google.com/rss/articles/CBMihAJBVV95cUxQSHhOV2JIRnBHTWxjMk90UkMwUktiV0pXZU15N19SMWdMVXZBZzRMY3c2Vi1QWUxiV2UxVmlFMlE0OFZwRWdLaEVKbGE3czZRWEhvNkJlRTV6N1VfX29BRXVKcmNrWG9sSVoydWdLaDVRSGJiVHlnem1OdHJLV1YzTkh6dzNBdkgxTUpqVC1yLXNpeklZYmRaVk5Zb3QyU3hqaUxUVDYxUldaQ04wcVJJYlFQMmtDWmQwR0ticDZQRlR0MmUzYkUzTVc5Mlk0bFNIdl9lUkFLNXZpdTJNcVlSSWxSQlNBWEhib3lyOWhwdjQ2ekdkNzRZY3VRT255ZEwycDNsbg?oc=5) · hngnews.com
- 2026-05-14 [Buyer beware: Counterfeit bills passed to Lake Mills business - GazetteXtra](https://news.google.com/rss/articles/CBMi1AFBVV95cUxObGk1LWc5andaZTFUak5KTDZTZUxDOEdJM0JrR2c5ZWppQjVRSWsyQ3NzMzgzMUtMOU5XYlZpNnFkaHpGYzA1UzdEUDBXVjE0ZzZleGJYYmQ2SzZTbElrSG0yODJ3NW5UQkNXQmJrbXJVWmd1eXdfUjVGejVWT1hIX2dWQ1h0dXlxNi11dmNkTm5OM0J5RVdqdzBsdUhVSlpzVE5DQ1lQQklWeFNySEZzOVhlYUZvVXBwYUtpT1puZ3JneXNycVNtZVBXRlZNRld2ZHBsZg?oc=5) · GazetteXtra
- 2024-10-20 [Southeastern Wisconsin Banking - BizTimes - Milwaukee Business News](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9MYkw1MUZLNjZsUDRvNjRiaDF3cjFNOFphZUdmampQR09EbERGbEZOOVJ0cWVDQkFDWDFuNHZhWUVnODFsNjdlSVM4WS13WTZSNU0yd3B6ZGt5VW5IMlVDSTk5SkxGb2Q5?oc=5) · BizTimes - Milwaukee Business News
- 2013-07-18 [Wisconsin CEO collects tax money to house sex offenders -- legally - WISN](https://news.google.com/rss/articles/CBMiogFBVV95cUxOelNRTjMxNURrSWYxY3EzUWRKaTRuQm9fTE1hc1BnSlFPalJaZFBMaG1kdzA5cnI4VzFIV25WMlAxb2NudEViQnNuWFpRaDZJY0xuYTR3X0ZaSmlZYTFqTDhCQlN1c2lTcXNyT09MalF5d0NwNTN4SVk4UlZ1SFZ6TnV0UkhPTjgyMDVuODhnbm5VTXZOaE1SVC1ULWdNRWk0Vnc?oc=5) · WISN
- 2017-03-14 [LMASD Board Approves New High School Gym Floor - hngnews.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNQ2JRbXdVanZQUXNKNjJaSkF3emxTdVJfRHNOMlZMUi05UGd0b3hDTEFVNTRJZFZYS05WY0xKMFpncW50ZC1vcmlfRXA2VFJ6YjROZFIyUGVSXzlIX0N5YlV4ci1xX21ndkNQejE3ZzZrV0FYTExzS2lFU1ltLV9ZNUE2YkVVOGZMYzl6WjAxNll6YTktMWpqOU5sTGpHbHNWdDVvRUNWLUdNOVhNSE1VaDZOSEFzMFMydWVvYkF3VVJGTzNvd19hQk1qNGREQWc1Vmwyd2dyUklzdjZ0c1ItNjh0Y2VTWlJGUWc?oc=5) · hngnews.com
- 2024-09-16 [Leadership Watertown introduces 2024-25 class - wdtimes.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxQNnlQZkNsTFNCMkFuLVZ2ZEhVOVUxTnBwMWJteWhJSlFlUUVaV3RhdUFNN3g3R21tSHYzRTdYTWN5WnlNbkNucUVJTnhiZGpvejNHOVBmYW92eFRubnRfRFRCaUN5dkNoLU9taXhsS2xjb2JTVzlpWW1BWDJOYW9faHVwQjQ5WFBGWklWbUpkVndpNG9CRnRPN0M5djViQWRWVVF1ZWJ2SVkxRUFad1BDQnVOYmNxcDNTdGpGRFV0VjFKQ21OMWJEN2R3?oc=5) · wdtimes.com
- 2018-11-28 [Lake Mills, a tale of the Fargos, Robert Fargo House is 150 years old, Thompsons have owned home 90 years - hngnews.com](https://news.google.com/rss/articles/CBMi_gFBVV95cUxNT0NvZjRjMUdjQU5EZ0pPZm1GMTNhT2cwTjY1dmRVUzFpajhxVFV3bXhoQzJkSllKUHBCYWZNbFVoTFpoU2JFSTdxaU1YRm82cFJ0dmJNVlRqXzV1TXZZSEx4N2NBTmpIaGdybXk3clAxNjV6MGpaNVY5VTZWSmFlek5zeGZJZ05vb2F1SjF1V3pTeFZxMWg4OElIMU53eGRkX1I2Y195UWU3SGZsMEo0WHZtMlpnNDhaLWFUN3NkVEl0YnEtLW1mSjZVUnk1VmQ0ZFNzUV9wbWZTdGtWVUFaQ2NmSUVuYmNBZVN6T0RTcGtCamRYWW9WM3BRcjVMZw?oc=5) · hngnews.com
- 2024-05-30 [Lake Mills High School Class of 2024 scholarship winners - hngnews.com](https://news.google.com/rss/articles/CBMi8AFBVV95cUxOV0s1bXplSnNfMUtrOGdVSXVyeFd6Vk9LaHZPLWcxOEZJaTN6aHVVRnUzc25kV3I5MW1saEtyWGYxRnNha1dLV3pFMUh3VVkxUUlRU3d0eHZOUXNacWFvendqMFA2Yk1mM0FscjFBanNTN083bXNIRmwwaGNzOU1rV25aXzVqUnZwYXBiR3JqR0wwd3l5T2hydDVuQTdKWWhuczVfMUNHNTBWSEtwZF9GaWJYRk1SZEhxc29mLW8tZkJxUE9LMzFVUURkQ1lGRzRvZXg3amozazRUVE0xdU52YUJqMUhIUi1JOW5ZaGRWQnU?oc=5) · hngnews.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8695 (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/55.json (key "8695", 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