State Bank Financial
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Data as of · sourced from FFIEC call reports. How we update
State Bank Financial is an FDIC-insured commercial bank headquartered in La Crosse, WI, established in 1858 (FDIC certificate 10383), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $512.1M, up 1.8% from Q2 2025, the 68th largest of 153 banks headquartered in Wisconsin. Its CET1 capital ratio was 13.73% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 10383
- Headquarters
- La Crosse, WI
- Established
- 1858
- Total assets, Q2 2026
- $512.1M
- Assets vs Q2 2025
- +1.8%
- CET1 ratio, Q2 2026
- 13.73%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 091800316
- Latest call report
- Q2 2026, FFIEC 041 · State Bank Financial call report
- Holding company
- FIRST BANCORPORATION, INC.
- Asset rank in state
- 68th of 153 in Wisconsin
State Bank Financial leans heavily on commercial real estate. The La Crosse, Wisconsin bank had $512 million in assets at June 30, 2026, up 1.8% from a year earlier. It holds commercial real estate loans worth 2.8 times its capital, 2.3 times the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it carries problem assets equal to 0.0% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Net income for the quarter rose 27% from a year earlier, to $1.8 million. Over the same year, loans grew 15.2% and deposits grew 3.1%. Its margin is thin by comparison: it keeps 3.31 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, State Bank Financial reported a CET1 capital ratio of 13.73%, a return on assets of 1.38%, a nonperforming-loan ratio of 0.11% and a Texas ratio of 0.02%. The figures come from its call report filed with the FFIEC.
Of the 153 banks headquartered in Wisconsin, State Bank Financial is the 68th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 4.7% to $512.1M, loans rose 5.6% and deposits fell 2.8%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 25.5% of total loans, followed by 1-4 family residential loans at 16.2%. Its 5 offices in the FDIC Summary of Deposits are in 4 cities in WI; its La Crosse 2 offices book 68% of its branch deposits. Judged on its Q2 2026 call report, State Bank Financial meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 401 Main St, La Crosse, WI 54601
- County
- La Crosse
- Metro Area
- La Crosse-Onalaska, WI-MN
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- July 26, 1858
- Former names
- State Bank of La Crosse (1998-2006); First Bank of Sparta (1968-1998)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 57
- Domestic deposits
- $439.0M
- Allowance for credit losses
- $3.0M
- Net charge-offs (YTD)
- -$55K
- Average total assets
- $533.8M
- Average total loans
- $335.3M
- Average interest-bearing deposits
- $427.2M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10383
- Fed RSSD
- 2631172
- Website
- www.statebankfinancial.bank →
- Parent Holding Company
- FIRST BANCORPORATION, INC. (RSSD 1842935)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, State Bank Financial's total assets ranged from $448.8M (Q2 2024) to $537.1M (Q1 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
$512.1M total assets against $503.0M; $464.1M total liabilities against $460.6M.
$344.6M net loans and leases against $298.7M; $439.0M total deposits against $425.9M.
$120.8M securities against $126.0M; $17.1M cash and balances due against $49.7M.
$6.4M total interest income against $5.9M; $2.3M total interest expense against $2.4M.
$4.1M net interest income against $3.5M.
$583K total noninterest income against $549K; $2.7M total noninterest expense against $2.6M.
$135K provision for credit losses against $0.
$1.8M net income against $1.5M.
1.38% return on assets against 1.14%; 3.31% net interest margin against 2.93%.
13.73% CET1 capital ratio against 14.04%; 9.94% tier 1 leverage ratio against 9.65%.
Inside the full State Bank Financial 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
State Bank Financial rankings
Its closest position to the top of a national ranking is 1,489 of 3,606, for efficiency ratio; its furthest is 3,316 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.80% (Q1 2025) to 1.58% (Q4 2025) and its net interest margin ran from 2.67% (Q4 2024) to 3.31% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.73% | 1.38% | 0.11% | 0.02% | 3.31% |
| Q1 2026 | 14.19% | 1.06% | 0.11% | 0.03% | 3.08% |
| Q4 2025 | 13.80% | 1.58% | 0.11% | 0.03% | 3.21% |
| Q3 2025 | 13.65% | 1.23% | 0.21% | 0.87% | 3.03% |
| Q2 2025 | 14.04% | 1.14% | 0.26% | 0.99% | 2.93% |
| Q1 2025 | 13.60% | 0.80% | 0.31% | 1.16% | 2.70% |
| Q4 2024 | 13.51% | 1.09% | 0.33% | 1.28% | 2.67% |
| Q3 2024 | 14.02% | 1.09% | 0.35% | 1.41% | 2.71% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| State Bank Financial (main office) | La Crosse , WI | 54601 | $260.6M |
| Sparta Branch | Sparta , WI | 54656 | $62.6M |
| Onalaska Branch | Onalaska , WI | 54650 | $59.3M |
| Shelby Branch | La Crosse , WI | 54601 | $37.1M |
| Marshfield Branch | Marshfield , WI | 54449 | $19.5M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| July 1, 2011 | Structure Change | Acquired SBL, Inc Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 11, 2003 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 11, 2003 | Structure Change | Acquired First National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 2, 1998 | Structure Change | Acquired another institution Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve); 1 against individuals associated with it
- September 13, 2010, Federal Reserve: Written Agreement: State Bank Financial, La Crosse, Wisconsin
- Period: Most recent institution action September 13, 2010. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.2% of deposits in WI, rank 69 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 103 applications, 94 loans originated, $35.3M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $2.4M approved, $2.4M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 State Bank Financial
What are State Bank Financial's total assets?
As of the Q2 2026 filing, State Bank Financial reported total assets of $512.1 million in its FFIEC call report.
Where is State Bank Financial headquartered?
It is headquartered in La Crosse, WI, United States.
When was State Bank Financial founded?
It was established in 1858, per the FDIC institution directory.
Is State Bank Financial FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10383). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates State Bank Financial?
State Bank Financial's primary federal regulator is the Federal Reserve.
What is State Bank Financial's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.73% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does State Bank Financial operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is State Bank Financial's Texas Ratio?
Its Texas Ratio is 0.02% 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 State Bank Financial previously called?
The charter now named State Bank Financial has also operated as State Bank of La Crosse (1998-2006), First Bank of Sparta (1968-1998), per FDIC structure-change records.
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