Ladysmith Federal Savings & Loan Association
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Data as of · sourced from FFIEC call reports. How we update
Ladysmith Federal Savings & Loan Association is an FDIC-insured savings institution headquartered in Ladysmith, WI, established in 1934 (FDIC certificate 28983), and it is supervised by the OCC. At Q2 2026 it reported total assets of $93.2M, up 4.4% from Q2 2025, the 144th largest of 153 banks headquartered in Wisconsin. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.18% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 28983
- Headquarters
- Ladysmith, WI
- Established
- 1934
- Total assets, Q2 2026
- $93.2M
- Assets vs Q2 2025
- +4.4%
- Tier 1 leverage ratio, Q2 2026
- 9.18%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 291571267
- Latest call report
- Q2 2026, FFIEC 051 · Ladysmith Federal Savings & Loan Association Q3 2026 call report, filed October 23, 2026 (preliminary)
- Asset rank in state
- 144th of 153 in Wisconsin
Problem loans are rising at Ladysmith Federal Savings & Loan Association. Its balance sheet stood at $93 million at June 30, 2026, up 4.4% from a year earlier; it is based in Ladysmith, Wisconsin. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.03% of loans from 1.40% a year earlier. It carries problem assets equal to 18.0% of the capital and reserves that would absorb them, 13.1 times the median of 1.4% for the 583 banks with less than $100 million in assets. It also funds 9.18% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 13.06%).
Its $7.5 million commercial and industrial book is improving, with 9.48% past due or on nonaccrual, down from 16.00% a year earlier. Net income for the quarter slipped 24% from a year earlier, to $105,000. Costs are the weak spot: it spends about 83 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 69 cents).
As of June 30, 2026, Ladysmith Federal Savings & Loan Association reported a return on assets of 0.45%, a nonperforming-loan ratio of 2.03% and a Texas ratio of 18.05%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Ladysmith Federal Savings & Loan Association is the 144th largest of the 153 banks headquartered in Wisconsin. Between Q1 2026 and Q2 2026, its total assets rose 1.4% to $93.2M, loans rose 1.2% and deposits rose 2.5%. 1-4 family residential loans made up 73.1% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 10.4%. The FDIC Summary of Deposits lists a single office for it, in Ladysmith, WI. By the capital ratios in its Q2 2026 call report, Ladysmith Federal Savings & Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 119 W 4th St N, Ladysmith, WI 54848
- County
- Rusk
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 1, 1934
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 12
- Domestic deposits
- $72.3M
- Allowance for credit losses
- $590K
- Net charge-offs (YTD)
- $33K
- Average total assets
- $93.9M
- Average total loans
- $72.2M
- Average interest-bearing deposits
- $60.3M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28983
- Fed RSSD
- 686570
- Website
- www.ladysmithfederal.com →
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, Ladysmith Federal Savings & Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Ladysmith Federal Savings & Loan Association's total assets moved between a low of $83.0M (Q3 2023) and a high of $94.0M (Q4 2025) 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
$93.2M total assets against $89.3M; $85.6M total liabilities against $82.6M.
$72.3M net loans and leases against $68.3M; $72.3M total deposits against $68.1M.
$13.8M securities against $13.5M; $4.0M cash and balances due against $4.3M.
$1.1M total interest income against $1.1M; $377K total interest expense against $399K.
$764K net interest income against $654K.
$40K total noninterest income against $121K; $680K total noninterest expense against $605K.
$0 provision for credit losses against $8K.
$105K net income against $138K.
0.45% return on assets against 0.62%; 3.55% net interest margin against 3.11%.
9.18% tier 1 leverage ratio against 9.14%.
Inside the full Ladysmith Federal Savings & Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Ladysmith Federal Savings & Loan Association rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.23% (Q4 2024) to 0.74% (Q4 2025) and its net interest margin ran from 2.55% (Q4 2024) to 3.62% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.18% | 0.45% | 2.03% | 18.05% | 3.55% |
| Q1 2026 | 9.17% | 0.69% | 2.08% | 24.12% | 3.62% |
| Q4 2025 | 9.11% | 0.74% | 1.76% | 19.85% | 3.45% |
| Q3 2025 | 9.10% | 0.38% | 1.39% | 16.82% | 3.30% |
| Q2 2025 | 9.14% | 0.62% | 1.40% | 17.47% | 3.11% |
| Q1 2025 | 8.88% | 0.49% | 1.04% | 14.25% | 3.06% |
| Q4 2024 | 8.81% | 0.23% | 0.89% | 13.24% | 2.55% |
| Q3 2024 | 8.80% | 0.62% | 0.75% | 11.40% | 3.10% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| Ladysmith Federal Savings and Loan Association | Ladysmith , WI | 54848 | $72.3M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC); 1 against individuals associated with it
- April 26, 2013, OCC: Formal Agreement: Ladysmith FS & LA
- Period: Most recent institution action April 26, 2013. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in WI, rank 167 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $122K approved, $122K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Ladysmith Federal Savings & Loan Association
What are Ladysmith Federal Savings & Loan Association's total assets?
As of the Q2 2026 filing, Ladysmith Federal Savings & Loan Association reported total assets of $93.2 million in its FFIEC call report.
Where is Ladysmith Federal Savings & Loan Association headquartered?
It is headquartered in Ladysmith, WI, United States.
When was Ladysmith Federal Savings & Loan Association founded?
It was established in 1934, per the FDIC institution directory.
Is Ladysmith Federal Savings & Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #28983). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Ladysmith Federal Savings & Loan Association?
Ladysmith Federal Savings & Loan Association's primary federal regulator is the OCC.
How many branches does Ladysmith Federal Savings & Loan Association operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Ladysmith Federal Savings & Loan Association's Texas Ratio?
Its Texas Ratio is 18.05% 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.
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