Independence State Bank is a state-chartered bank headquartered in Independence, Wisconsin, in business for about 129 years. At the end of Q2 2026 it reported $84.2M in total assets and $72.2M in deposits, with 3 offices.
Independence State Bank has a TellerScore of 75 out of 100 (strong) based on Q2 2026 data — higher than 54% of its 546 banks with under $100 million in assets. Among 154 banks headquartered in Wisconsin, it ranks 68th. Loan quality contributes the most (100/100, 0.00%); capital cushion contributes the least (54/100, 10.38%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 4 points (71 → 75), mostly because the loan quality component improved by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 68 |
| Q4 2024 | 71 |
| Q1 2025 | 71 |
| Q2 2025 | 71 |
| Q3 2025 | 68 |
| Q4 2025 | 74 |
| Q1 2026 | 73 |
| Q2 2026 | 75 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.31% |
| Q3 2024 | 9.35% |
| Q4 2024 | 9.62% |
| Q1 2025 | 9.26% |
| Q2 2025 | 9.65% |
| Q3 2025 | 9.83% |
| Q4 2025 | 10.04% |
| Q1 2026 | 9.82% |
| Q2 2026 | 10.38% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.05% |
| Q3 2024 | 0.13% |
| Q4 2024 | 0.01% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.25% |
| Q3 2025 | 0.60% |
| Q4 2025 | 0.07% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.65% |
| Q3 2024 | 0.71% |
| Q4 2024 | 0.75% |
| Q1 2025 | 0.99% |
| Q2 2025 | 1.08% |
| Q3 2025 | 1.14% |
| Q4 2025 | 1.19% |
| Q1 2026 | 1.12% |
| Q2 2026 | 1.20% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 75 | $84.2M | 10.38% | 0.00% | 1.20% | 89.7% |
| Q1 2026 | 73 | $85.9M | 9.82% | 0.00% | 1.12% | 89.9% |
| Q4 2025 | 74 | $88.4M | 10.04% | 0.07% | 1.19% | 83.6% |
| Q3 2025 | 68 | $83.9M | 9.83% | 0.60% | 1.14% | 83.9% |
| Q2 2025 | 71 | $82.7M | 9.65% | 0.25% | 1.08% | 81.8% |
| Q1 2025 | 71 | $84.7M | 9.26% | 0.00% | 0.99% | 77.1% |
| Q4 2024 | 71 | $82.3M | 9.62% | 0.01% | 0.75% | 76.4% |
| Q3 2024 | 68 | $82.9M | 9.35% | 0.13% | 0.71% | 81.3% |
| Q2 2024 | 67 | $78.2M | 9.31% | 0.05% | 0.65% | 87.9% |
546 peers · Under $100 million in assets
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Wisconsin
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Mayville Savings BankBank Mayville, WI | 86 out of 100, Very strong | $84.2M | 13.4% | 0.32% | vs |
| Hustisford State BankBank Hustisford, WI | 84 out of 100, Strong | $80.3M | 15.2% | 0.22% | vs |
| Bank of OntarioBank Ontario, WI | 51 out of 100, Below average | $79.0M | 13.9% | 8.53% | vs |
| Park Bank, National AssociationBank Holmen, WI | 63 out of 100, Moderate | $76.5M | 14.3% | 2.23% | vs |
| Ladysmith Federal Savings and Loan AssociationBank Ladysmith, WI | 45 out of 100, Below average | $93.2M | 9.2% | 2.03% | vs |
| Community First BankBank Rosholt, WI | 75 out of 100, Strong | $97.6M | 11.0% | 0.00% | vs |
Deposit insurance
Is my money safe at Independence State Bank?
Yes. Independence State Bank is an FDIC-insured institution (FDIC certificate #10741). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 14.9% of deposits ($10.8M) are above the $250,000 FDIC insurance limit, close to the peer median of 16%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.38%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.43% (benchmark: 10%).
3 locations
Branches
Independence State Bank lists 3 offices in 3 cities. Most locations:
- Chippewa Falls, WI (1)
- Elk Mound, WI (1)
- Independence, WI (1)
Identity & history
Profile
- Legal name
- Independence State Bank
- Former names
- State Bank of Independence
- Type
- State-chartered bank
- FDIC certificate #
- 10741
- RSSD ID
- 396057
- Primary regulator
- FDIC
- Holding company
- Northern Financial Corp
- Established
- January 1, 1897
- Headquarters
- 23942 Senty Dr, Independence, WI 54747
- Employees
- 17
Quick answers
Independence State Bank: common questions
Is Independence State Bank FDIC insured?
Yes. Independence State Bank is an FDIC-insured institution (FDIC certificate #10741). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Independence State Bank's TellerScore?
75 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Independence State Bank ever failed?
There is no failure record for FDIC certificate #10741 in the FDIC failed bank list.
How many branches does Independence State Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Independence
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Bluff View BankBank Galesville, WI | 90 out of 100, Very strong | $152.8M | 14.9% | 0.00% | vs |
| Bank of AlmaBank Alma, WI | 83 out of 100, Strong | $339.5M | 50.8% | 0.97% | vs |
| Arcadia Credit UnionCredit union Arcadia, WI | 79 out of 100, Strong | $144.2M | 12.9% | 0.46% | vs |
| Citizens First BankBank Viroqua, WI | 75 out of 100, Strong | $344.5M | 10.3% | 0.44% | vs |
| Royal Credit UnionCredit union Eau Claire, WI | 73 out of 100, Strong | $5.9B | 10.8% | 0.43% | vs |
| Alliance BankBank Mondovi, WI | 72 out of 100, Strong | $266.0M | 9.0% | 0.58% | vs |