Headwaters State Bank: Asset Quality
Data as of · Call Report Schedules RC-N and RI-B How we update
Loans that have stopped performing, the reserve held against them, and what has already been written off. Reserve coverage of non-performing loans is the single most useful number here: it says how much of the recognized problem is already provided for.
Open the full credit quality analysis: past due, nonaccrual and charge-offs by loan type, the allowance rollforward and its split by loan segment, each ratio's parts, and peers over many quarters.
Commercial property loans past due or nonaccrual climbed 44.2% in Q2 2026, from $5.1M to $7.3M. It was the largest change from Q1 2026 among the key lines here. Headwaters State Bank's nonperforming loan ratio (nonaccrual plus 90+ days past due) of 6.35% is the 4th-highest of the 151 banks headquartered in Wisconsin (Q2 2026), which puts it in the weaker half on this measure. Against a median of 0.41% for banks in the $100M-1B asset tier, Headwaters State Bank reported 6.35% on nonperforming loan ratio (nonaccrual plus 90+ days past due) in Q2 2026, 5.94 points higher.
Non-performing assets
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 6.35% |
| Nonaccrual loans to loans | 6.35% |
| Loans 90+ days past due to loans | 0.00% |
| Non-performing assets ratio | 4.18% |
| Non-performing assets to total assets | 4.18% |
| Other real estate owned | $0 |
| Other real estate owned to assets | 0.00% |
Reserves and coverage
| Line item | Q2 2026 |
|---|---|
| Allowance for credit losses on loans | $878K |
| Allowance to total loans | 1.09% |
| Reserve coverage of non-performing loans | 17.16% |
| Reserve coverage of non-performing assets | 17.16% |
| Provision for credit losses | $27K |
Commercial real estate credit
| Line item | Q2 2026 |
|---|---|
| Multifamily loans on nonaccrual | $0 |
| Multifamily nonaccrual rate | — |
| Multifamily loans past due or nonaccrual | $0 |
| Commercial property loans on nonaccrual | $4.9M |
| Commercial property nonaccrual rate | 13.54% |
| Commercial property loans past due or nonaccrual | $7.3M |
| Construction and land loans on nonaccrual | $0 |
| Construction and land nonaccrual rate | 0.00% |
Nonaccrual loans have stopped accruing interest. Past due and nonaccrual adds loans 30 or more days late, which includes loans past their maturity date and not repaid. Rates are over each property type's own loan balance.
Charge-offs
| Line item | Q2 2026 |
|---|---|
| Net charge-off ratio | 0.02% |
| Net charge-offs to average loans | 0.02% |
| Net charge-offs, credit cards | — |
| Net charge-offs, consumer | 0.96% |
| Net charge-offs, construction and development | 0.00% |
| Net charge-offs, multifamily | — |
Capital at risk
| Line item | Q2 2026 |
|---|---|
| Texas ratio | 10.20% |
| Non-performing assets to equity | 26.44% |
| Non-performing assets to tangible equity and reserves | 38.20% |
Asset Quality trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Above 100% means reserves fully cover recognized non-performing loans.
A line with no points means the bank holds no loans of that type.
Readings above 100% have historically signalled acute distress.
Asset Quality by quarter
| Quarter | NPL ratio | Net charge-off ratio | Reserve coverage | Commercial property | Construction and land |
|---|---|---|---|---|---|
| Q3 2023 | 0.07% | -0.01% | 915.22% | 0.00% | 0.00% |
| Q4 2023 | 7.48% | 0.04% | 8.28% | 20.43% | 0.00% |
| Q1 2024 | 7.56% | -0.01% | 15.32% | 20.28% | 0.00% |
| Q2 2024 | 7.53% | -0.01% | 14.98% | 19.33% | 0.00% |
| Q3 2024 | 7.24% | -0.01% | 15.00% | 18.23% | 0.00% |
| Q4 2024 | 6.71% | 0.70% | 14.82% | 15.28% | 0.00% |
| Q1 2025 | 6.71% | 0.03% | 15.28% | 15.06% | 0.00% |
| Q2 2025 | 6.48% | -0.01% | 15.80% | 14.59% | 0.00% |
| Q3 2025 | 6.33% | 0.01% | 16.57% | 14.20% | 0.00% |
| Q4 2025 | 6.19% | 0.00% | 17.05% | 13.95% | 0.00% |
| Q1 2026 | 6.33% | 0.00% | 16.83% | 13.91% | 0.00% |
| Q2 2026 | 6.35% | 0.02% | 17.16% | 13.54% | 0.00% |
Headwaters State Bank asset quality, all the way back
Asset Quality back to 2001 · peer percentiles on every line item · Excel export
Unlock Headwaters State Bank, freeSource: Call Report Schedules RC-N and RI-B, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Headwaters State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9035) · FFIEC NIC profile (RSSD 224954)