Badger Bank
BankRegReports is independent of Badger Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Badger Bank is an FDIC-insured commercial bank headquartered in Fort Atkinson, WI, established in 1884 (FDIC certificate 2469), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $206.0M, up 4.5% from Q2 2025, the 120th largest of 153 banks headquartered in Wisconsin. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.40% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 2469
- Headquarters
- Fort Atkinson, WI
- Established
- 1884
- Total assets, Q2 2026
- $206.0M
- Assets vs Q2 2025
- +4.5%
- Tier 1 leverage ratio, Q2 2026
- 12.40%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 075902188
- Holding company
- CITIZENS FINANCIAL CORPORATION
- Asset rank in state
- 120th of 153 in Wisconsin
Badger Bank, based in Fort Atkinson, Wisconsin, reported $206 million in assets at June 30, 2026, up 4.5% from a year earlier. It lost 0.8% of its deposits over the year, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 4.0%). It also carries problem assets equal to 0.4% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Earnings jumped: net income for the quarter was $756,000, 33% above the same quarter a year earlier. Over the same year, loans grew 5.8% and deposits shrank 0.8%.
As of June 30, 2026, Badger Bank reported a return on assets of 1.46%, a nonperforming-loan ratio of 0.07% and a Texas ratio of 0.43%. The figures come from its call report filed with the FFIEC.
Of the 153 banks headquartered in Wisconsin, Badger Bank is the 120th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 1.3% to $206.0M, loans fell 1.1% and deposits fell 4.8%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 47.9% of total loans, followed by owner-occupied commercial real estate loans at 18.3%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities in WI; its Fort Atkinson office books 38% of its branch deposits. On its Q2 2026 call report, Badger Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 220 Grant St, Fort Atkinson, WI 53538
- County
- Jefferson
- Metro Area
- Watertown-Fort Atkinson, WI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Limited trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 7, 1884
- Former names
- Citizens State Bank and Trust (1990-2007)
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 38
- Domestic deposits
- $164.6M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- $0
- Average total assets
- $206.5M
- Average total loans
- $141.3M
- Average interest-bearing deposits
- $131.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2469
- Fed RSSD
- 846945
- Website
- www.badgerbank.bank →
- Parent Holding Company
- CITIZENS FINANCIAL CORPORATION (RSSD 1208951)
- Ultimate Parent
- RSSD 1247727
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Badger Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Badger Bank's total assets moved between a low of $192.5M (Q3 2023) and a high of $208.8M (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$206.0M total assets against $197.2M; $183.1M total liabilities against $176.2M.
$139.0M net loans and leases against $131.3M; $164.6M total deposits against $166.0M.
$46.0M securities against $43.9M; $6.7M cash and balances due against $7.5M.
$2.6M total interest income against $2.3M; $661K total interest expense against $684K.
$2.0M net interest income against $1.6M.
$416K total noninterest income against $375K; $1.4M total noninterest expense against $1.3M.
$21K provision for credit losses against $21K.
$756K net income against $568K.
1.46% return on assets against 1.15%; 4.04% net interest margin against 3.45%.
12.40% tier 1 leverage ratio against 12.40%.
Inside the full Badger Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeBadger Bank rankings
Its closest position to the top of a national ranking is 1,391 of 3,611, for ROA; its furthest is 3,002 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.05% (Q3 2024) to 1.48% (Q4 2025) and its net interest margin ran from 2.85% (Q3 2024) to 4.04% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.40% | 1.46% | 0.07% | 0.43% | 4.04% |
| Q1 2026 | 11.97% | 1.28% | 2.26% | 13.84% | 3.52% |
| Q4 2025 | 11.76% | 1.48% | 0.11% | 0.68% | 3.73% |
| Q3 2025 | 12.37% | 1.37% | 0.12% | 0.69% | 3.73% |
| Q2 2025 | 12.40% | 1.15% | 0.12% | 0.71% | 3.45% |
| Q1 2025 | 12.26% | 1.29% | 0.05% | 0.33% | 3.36% |
| Q4 2024 | 11.84% | 1.25% | 0.43% | 2.79% | 3.47% |
| Q3 2024 | 12.16% | 1.05% | 0.96% | 5.75% | 2.85% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Badger Bank (main office) | Fort Atkinson , WI | 53538 | $62.3M |
| Cambridge | Cambridge , WI | 53523 | $51.3M |
| Johnson Creek Branch | Johnson Creek , WI | 53038 | $34.3M |
| Jefferson Branch | Jefferson , WI | 53549 | $16.7M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in WI, rank 134 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 96 applications, 94 loans originated, $27.5M originated, across 6 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $994K approved, $497K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2018 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Badger Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Badger Bank
What are Badger Bank's total assets?
As of the Q2 2026 filing, Badger Bank reported total assets of $206.0 million in its FFIEC call report.
Where is Badger Bank headquartered?
It is headquartered in Fort Atkinson, WI, United States.
When was Badger Bank founded?
It was established in 1884, per the FDIC institution directory.
Is Badger Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2469). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Badger Bank?
Badger Bank's primary federal regulator is the FDIC.
How many branches does Badger Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Badger Bank's Texas Ratio?
Its Texas Ratio is 0.43% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Badger Bank previously called?
The charter now named Badger Bank has also operated as Citizens State Bank and Trust (1990-2007), per FDIC structure-change records.
Go deeper on Badger Bank.
Get an email when Badger Bank files its next call report, and benchmark it against any peer you choose.
Unlock Badger Bank, freeFree account