Asset Quality ranking · Wisconsin · Call report data as of September 30, 2026
Wisconsin Banks: Highest CRE Delinquency
Headwaters State Bank has the highest commercial real estate noncurrent rate of the 116 ranked banks headquartered in Wisconsin, at 14.13% as of September 30, 2026. The median among the 116 ranked Wisconsin banks is 0.09%, against 0.19% for all US banks. That top value sits far outside the middle half of ranked banks (0.00% to 0.81%). A rate this far from the middle usually comes from a few large problem loans or from lending to borrowers with lower credit scores, so read it beside the bank's dollar amounts and its trend.
This list ranks Wisconsin banks by commercial real estate noncurrent rate. For the largest banks headquartered in Wisconsin, see largest banks in Wisconsin.
- No. 1 in Wisconsin
- Headwaters State Bank
- Its CRE noncurrent
- 14.13%
- Wisconsin median
- 0.09%
- Banks ranked
- 116
Ranked among banks headquartered in Wisconsin, numbered 1 to 100 within the state from the same population as the national list. Browse every bank in the Wisconsin bank directory.
Top 100 Wisconsin banks by commercial real estate noncurrent rate
Highest first. Select a column heading to sort. The gap column shows each bank's distance from the Wisconsin median of 0.09%. Missing values show as a dash and sort last.
| 1 | Headwaters State Bank Land O'Lakes, WI | 14.13% | $126.8M $100M to $1B |
| 2 | Hiawatha National Bank Hager City, WI | 6.76% | $790.0M $100M to $1B |
| 3 | Bank of Milton Milton, WI | 5.66% | $220.0M $100M to $1B |
| 4 | The Bank of New Glarus New Glarus, WI | 5.17% | $832.4M $100M to $1B |
| 5 | Bank Five Nine Oconomowoc, WI | 3.72% | $2.52B $1B to $10B |
| 6 | National Exchange Bank and Trust Fond du Lac, WI | 3.50% | $2.94B $1B to $10B |
| 7 | Ccfbank N.A. Altoona, WI | 2.63% | $1.79B $1B to $10B |
| 8 | Woodford State Bank Monroe, WI | 2.58% | $531.4M $100M to $1B |
| 9 | The First National Bank of Bangor Bangor, WI | 2.42% | $375.6M $100M to $1B |
| 10 | Abbybank Abbotsford, WI | 2.41% | $672.2M $100M to $1B |
| 11 | Pillar Bank Baldwin, WI | 2.36% | $264.8M $100M to $1B |
| 12 | Spring Bank Brookfield, WI | 1.95% | $446.7M $100M to $1B |
| 13 | Coulee Bank La Crosse, WI | 1.84% | $517.0M $100M to $1B |
| 14 | Bank of Alma Alma, WI | 1.84% | $337.4M $100M to $1B |
| 15 | Fortifi Bank Berlin, WI | 1.83% | $716.7M $100M to $1B |
| 16 | Bank of Lake Mills Lake Mills, WI | 1.81% | $578.5M $100M to $1B |
| 17 | Great North Bank Florence, WI | 1.78% | $237.9M $100M to $1B |
| 18 | Waumandee State Bank Waumandee, WI | 1.64% | $342.6M $100M to $1B |
| 19 | Incrediblebank Wausau, WI | 1.60% | $2.15B $1B to $10B |
| 20 | Farmers & Merchants Bank & Trust Marinette, WI | 1.53% | $173.7M $100M to $1B |
| 21 | The Bank of Deerfield Deerfield, WI | 1.52% | $265.3M $100M to $1B |
| 22 | Peoples State Bank Wausau, WI | 1.49% | $1.51B $1B to $10B |
| 23 | The Stephenson National Bank and Trust Marinette, WI | 1.49% | $679.3M $100M to $1B |
| 24 | Waterstone Bank Wauwatosa, WI | 1.36% | $2.25B $1B to $10B |
| 25 | Security Bank New Auburn, WI | 1.30% | $255.7M $100M to $1B |
| 26 | Bristol Morgan Bank Oakfield, WI | 1.09% | $192.9M $100M to $1B |
| 27 | Nicolet National Bank Green Bay, WI | 1.04% | $15.05B $10B to $100B |
| 28 | State Bank of Chilton Chilton, WI | 0.91% | $533.1M $100M to $1B |
| 29 | One Community Bank Oregon, WI | 0.81% | $2.61B $1B to $10B |
| 30 | Security Financial Bank Durand, WI | 0.81% | $1.04B $1B to $10B |
| 31 | Citizens State Bank - La Crosse La Crosse, WI | 0.78% | $683.4M $100M to $1B |
| 32 | Chippewa Valley Bank Hayward, WI | 0.75% | $747.0M $100M to $1B |
| 33 | Alliance Bank Mondovi, WI | 0.67% | $262.1M $100M to $1B |
| 34 | Compass Bank Cadott, WI | 0.60% | $242.1M $100M to $1B |
| 35 | Collins State Bank Collins, WI | 0.57% | $311.1M $100M to $1B |
| 36 | Bank First, N.A. Manitowoc, WI | 0.57% | $5.94B $1B to $10B |
| 37 | National Bank of Commerce Superior, WI | 0.56% | $2.33B $1B to $10B |
| 38 | Waukesha State Bank Waukesha, WI | 0.48% | $1.63B $1B to $10B |
| 39 | Horicon Bank Horicon, WI | 0.45% | $1.71B $1B to $10B |
| 40 | Bank CMG Madison, WI | 0.44% | $1.44B $1B to $10B |
| 41 | Cleveland State Bank Cleveland, WI | 0.40% | $247.1M $100M to $1B |
| 42 | River Bank Stoddard, WI | 0.39% | $1.01B $1B to $10B |
| 43 | North Shore Bank Brookfield, WI | 0.36% | $2.63B $1B to $10B |
| 44 | Tri City National Bank Oak Creek, WI | 0.32% | $1.96B $1B to $10B |
| 45 | State Bank Financial La Crosse, WI | 0.30% | $525.4M $100M to $1B |
| 46 | Bank of Luxemburg Luxemburg, WI | 0.29% | $727.3M $100M to $1B |
| 47 | Associated Bank, N.A. Green Bay, WI | 0.25% | $51.34B $10B to $100B |
| 48 | Citizens First Bank Viroqua, WI | 0.25% | $335.2M $100M to $1B |
| 49 | The Bank of Brodhead Brodhead, WI | 0.24% | $435.7M $100M to $1B |
| 50 | Citizens State Bank Hudson, WI | 0.23% | $494.1M $100M to $1B |
| 51 | Community State Bank Union Grove, WI | 0.21% | $667.1M $100M to $1B |
| 52 | Woodtrust Bank Wisconsin Rapids, WI | 0.20% | $713.1M $100M to $1B |
| 53 | Community First Bank Boscobel, WI | 0.15% | $619.7M $100M to $1B |
| 54 | Citizens Bank Mukwonago, WI | 0.15% | $1.17B $1B to $10B |
| 55 | Peoples State Bank Prairie du Chien, WI | 0.13% | $979.2M $100M to $1B |
| 56 | First State Bank New London, WI | 0.13% | $579.1M $100M to $1B |
| 57 | Lake Ridge Bank Middleton, WI | 0.12% | $3.36B $1B to $10B |
| 58 | Premierbank Fort Atkinson, WI | 0.09% | $580.7M $100M to $1B |
| 59 | Royal Bank Elroy, WI | 0.09% | $815.8M $100M to $1B |
| 60 | Dairy State Bank Rice Lake, WI | 0.08% | $708.8M $100M to $1B |
| 61 | Bay Bank Green Bay, WI | 0.08% | $304.3M $100M to $1B |
| 62 | The Park Bank Madison, WI | 0.04% | $1.55B $1B to $10B |
| 63 | The Farmers & Merchants Bank Berlin, WI | 0.04% | $1.00B $1B to $10B |
| 64 | Security State Bank Iron River, WI | 0.02% | $137.3M $100M to $1B |
| 65 | Bankers' Bank Madison, WI | 0.01% | $1.45B $1B to $10B |
| 66 | Johnson Bank Racine, WI | 0.01% | $7.19B $1B to $10B |
| 67 | Wolf River Community Bank Hortonville, WI | 0.01% | $400.1M $100M to $1B |
| 68 | Town Bank, N.A. Hartland, WI | 0.00% | $4.60B $1B to $10B |
| 69 | First Business Bank Madison, WI | 0.00% | $4.44B $1B to $10B |
| 70 | Forward Bank Marshfield, WI | 0.00% | $1.32B $1B to $10B |
| 71 | Bank of Wisconsin Dells Wisconsin Dells, WI | 0.00% | $1.08B $1B to $10B |
| 72 | Ixonia Bank Ixonia, WI | 0.00% | $1.05B $1B to $10B |
| 73 | The Port Washington State Bank Port Washington, WI | 0.00% | $1.00B $1B to $10B |
| 74 | Prevail Bank Medford, WI | 0.00% | $995.7M $100M to $1B |
| 75 | DMB Community Bank Madison, WI | 0.00% | $882.7M $100M to $1B |
| 76 | Farmers & Merchants Union Bank Columbus, WI | 0.00% | $844.2M $100M to $1B |
| 77 | Bank of Sun Prairie Sun Prairie, WI | 0.00% | $812.6M $100M to $1B |
| 78 | Westbury Bank Waukesha, WI | 0.00% | $754.7M $100M to $1B |
| 79 | The Northwestern Bank Chippewa Falls, WI | 0.00% | $731.1M $100M to $1B |
| 80 | Bank of Prairie Du Sac Prairie du Sac, WI | 0.00% | $713.6M $100M to $1B |
| 81 | Unity Bank Augusta, WI | 0.00% | $625.4M $100M to $1B |
| 82 | Capitol Bank Madison, WI | 0.00% | $587.1M $100M to $1B |
| 83 | Baraboo State Bank Baraboo, WI | 0.00% | $575.3M $100M to $1B |
| 84 | Mound City Bank Platteville, WI | 0.00% | $563.0M $100M to $1B |
| 85 | PyraMax Bank, FSB Greenfield, WI | 0.00% | $562.6M $100M to $1B |
| 86 | First Citizens State Bank Whitewater, WI | 0.00% | $561.4M $100M to $1B |
| 87 | Premier Community Bank Marion, WI | 0.00% | $558.8M $100M to $1B |
| 88 | Oak Bank Fitchburg, WI | 0.00% | $478.2M $100M to $1B |
| 89 | BLC Community Bank Little Chute, WI | 0.00% | $473.8M $100M to $1B |
| 90 | Oostburg State Bank Oostburg, WI | 0.00% | $438.1M $100M to $1B |
| 91 | Bank of Mauston Mauston, WI | 0.00% | $428.4M $100M to $1B |
| 92 | Forte Bank Hartford, WI | 0.00% | $424.7M $100M to $1B |
| 93 | American National Bank-Fox Cities Appleton, WI | 0.00% | $420.7M $100M to $1B |
| 94 | The Peoples Community Bank Mazomanie, WI | 0.00% | $401.3M $100M to $1B |
| 95 | Fox Valley Savings Bank Fond du Lac, WI | 0.00% | $390.6M $100M to $1B |
| 96 | West Pointe Bank Oshkosh, WI | 0.00% | $386.5M $100M to $1B |
| 97 | Sterling Bank Barron, WI | 0.00% | $368.3M $100M to $1B |
| 98 | Shell Lake State Bank Shell Lake, WI | 0.00% | $366.3M $100M to $1B |
| 99 | State Bank of Newburg Newburg, WI | 0.00% | $349.5M $100M to $1B |
| 100 | First National Community Bank New Richmond, WI | 0.00% | $348.9M $100M to $1B |
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Definition and formula
The commercial real estate (CRE) noncurrent rate on this list is the share of a bank's loans secured by nonfarm nonresidential property, such as offices, stores, warehouses and hotels, that are on nonaccrual or 90 or more days past due and still accruing. Owner-occupied and investor-owned property are both included. Multifamily and construction loans are reported on their own lines of the call report and are not.
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans
The glossary entry for Commercial Real Estate Loans explains each term, the call report items behind it and a worked example.
Which banks are ranked
This list ranks the 116 banks headquartered in Wisconsin that meet every rule below, using each bank's latest FFIEC call report (data as of September 30, 2026).
- Banks with at least $100M in total assets, so a ratio on a very small balance sheet cannot lead the list.
- Banks with at least $25M in nonfarm nonresidential (commercial property) loans, so a rate on a few loans cannot lead the list.
- Lending institutions only: charters with loans under 5% of assets, mostly trust and custody banks, are not ranked.
- Charters the regulator has closed, merged or converted are excluded.
- Each bank charter ranks on its own; holding companies are not combined.
What moves the CRE noncurrent rate
The rate rises when tenants leave or rents fall far enough that a property's income no longer covers its loan payments, as has happened to many office buildings since 2020, and when a maturing loan cannot be refinanced at current rates. Owner-occupied loans depend more on the borrower's business than on the building, so a bank whose book is mostly owner-occupied tends to run a lower rate. A single large loan can move a small bank's rate by several points, so compare it with the dollar amounts and the trend.
Frequently asked questions
Which bank in Wisconsin has the highest commercial real estate noncurrent rate?
Headwaters State Bank has the highest commercial real estate noncurrent rate of the 116 ranked banks headquartered in Wisconsin, at 14.13% as of September 30, 2026, according to its FFIEC call report. Hiawatha National Bank ranks second at 6.76%. The median is 0.09%.
What is the median CRE noncurrent rate among ranked US banks?
As of Q3 2026, CRE noncurrent rate for the middle half of the 2,776 ranked US banks ran from 0.00% to 1.05%, and the median was 0.19%. Compare a bank with peers of the same size and business model rather than with the top of this list. See the Commercial Real Estate Loans glossary entry.
How is the CRE noncurrent rate calculated?
CRE noncurrent rate = (Nonfarm nonresidential loans on nonaccrual + Nonfarm nonresidential loans 90+ days past due and still accruing) / Nonfarm nonresidential loans. Each bank charter is ranked on its own; holding companies are not combined. See the Commercial Real Estate Loans glossary entry.
The same ranking in other states
Other Wisconsin rankings
More asset quality rankings
Source: FFIEC call reports for the quarter ended September 30, 2026, refreshed as each quarter's filings are processed. See data updates for the current freshness window. Next update: Q4 2026 Call Reports are due February 1, 2027; we expect them on the platform by mid-February 2027.
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