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Northern State Bank
Ashland, WI · FDIC Certificate #15242 · Chartered 09/0
Total assets
$330.77M
Total deposits
$297.09M
Total equity
$33.09M
Net loans
$154.70M
Branches (offices)
7
Net income (YTD)
$2.74M
Rank: #2,331 of 4,213 U.S. banks by assets · #91 of 153 in Wisconsin. Assets changed 8.2% and deposits 8.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.66% |
| Return on equity | 16.53% |
| Net interest margin (YTD) | 3.94% |
| Equity to assets | 10.00% |
| Tier 1 leverage ratio | 9.92% |
| Uninsured deposits (share of deposits) | 25.1% |
| Noncurrent loans (share of loans) | 0.22% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 52.1% |
| Real estate loans (share of loans) | 82.8% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $128.04M | 82.8% | |
| Commercial & industrial | $14.24M | 9.2% | |
| Consumer / individual | $2.37M | 1.5% | |
| Construction & development | $8.39M | 5.4% | |
| Agricultural | $90.00K | 0.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $318.85M | $296.83M | $1.05M | $21.64M |
| Jun 2023 | $313.59M | $290.15M | $2.60M | $22.94M |
| Jun 2024 | $303.48M | $275.54M | $3.08M | $27.50M |
| Jun 2025 | $305.58M | $273.31M | $3.13M | $31.78M |
| Jun 2026 | $330.77M | $297.09M | $2.74M | $33.09M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Wisconsin | $274.02M | 6 |
| Minnesota | $23.07M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $297.09M.
Similar-sized banks
Woodlands National Bank ($331.01M) · Patterson State Bank ($330.71M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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