TellerScore

Northern State Bank (FDIC certificate #15242) is based in Ashland, Wisconsin. Its Q2 2026 call report shows $330.8M in total assets and $297.1M in deposits and 7 offices across 2 states.

Based on its Q2 2026 filing, Northern State Bank scores 78/100, which we describe as strong. That is higher than 72% of 2,650 banks with $100 million – $1 billion. Among 154 banks headquartered in Wisconsin, it ranks 58th. Its strongest component is problem-loan coverage (98/100; 1.0%), and its lowest is capital cushion (49/100; 9.92%).

TellerScore · Q2 2026

Scorecard

Capital cushion49/100
Tier 1 leverage ratio: 9.92%
Loan quality93/100
Noncurrent loans ÷ total loans: 0.22%
Earnings86/100
Return on assets (annualized): 1.66%
Funding & liquidity89/100
Loans ÷ deposits and uninsured-deposit share: 52.1% · 25.1% uninsured
Problem-loan coverage98/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.98%

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 3 points (75 → 78), mostly because the loan quality component improved by 27 points.

TellerScore
707682Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202481
Q3 202481
Q4 202482
Q1 202572
Q2 202575
Q3 202573
Q4 202574
Q1 202670
Q2 202678
Tier 1 leverage ratio
5.00%7.64%10.28%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.41%
Q3 20249.47%
Q4 20249.76%
Q1 20259.92%
Q2 202510.28%
Q3 20259.94%
Q4 20259.94%
Q1 20269.91%
Q2 20269.92%
Noncurrent loans
0.08%0.56%1.04%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.10%
Q3 20240.09%
Q4 20240.08%
Q1 20251.04%
Q2 20251.03%
Q3 20251.03%
Q4 20250.88%
Q1 20260.93%
Q2 20260.22%
Return on assets
1.47%1.76%2.05%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.97%
Q3 20242.01%
Q4 20242.01%
Q1 20251.82%
Q2 20252.05%
Q3 20251.90%
Q4 20251.87%
Q1 20261.47%
Q2 20261.66%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202678$330.8M9.92%0.22%1.66%52.1%
Q1 202670$328.8M9.91%0.93%1.47%50.2%
Q4 202574$330.9M9.94%0.88%1.87%51.6%
Q3 202573$327.3M9.94%1.03%1.90%53.2%
Q2 202575$305.6M10.28%1.03%2.05%57.2%
Q1 202572$306.8M9.92%1.04%1.82%56.0%
Q4 202482$304.1M9.76%0.08%2.01%58.5%
Q3 202481$307.3M9.47%0.09%2.01%59.5%
Q2 202481$303.5M9.41%0.10%1.97%57.9%

2,650 peers · $100 million – $1 billion

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).

Capital ratio9.92%
29th
Total risk-based capital18.08%
81st
Problem loans0.22%
64th
Net charge-offs-0.00%
81st
Return on assets1.66%
74th
Net interest margin3.94%
50th
Efficiency ratio54.5%
73rd
Loans to deposits52.1%
90th
Uninsured deposits25.1%
46th
Loan-loss reserves1.12%
41st
Texas ratio1.0%
69th

Similar-size banks in Wisconsin

InstitutionScoreAssetsCapitalProblem loansCompare
Clare Bank, National AssociationBank Platteville, WI72 out of 100, Strong$332.5M11.6%0.85%vs
State Bank of NewburgBank Newburg, WI93 out of 100, Very strong$328.1M17.3%0.00%vs
The Equitable Bank, S.S.B.Bank Wauwatosa, WI64 out of 100, Moderate$327.1M9.7%0.05%vs
The First National Bank of River FallsBank River Falls, WI75 out of 100, Strong$325.3M10.1%0.38%vs
Bank of AlmaBank Alma, WI83 out of 100, Strong$339.5M50.8%0.97%vs
Cumberland Federal Bank, FSBBank Cumberland, WI78 out of 100, Strong$341.6M10.1%0.19%vs

Deposit insurance

Is my money safe at Northern State Bank?

Yes. Northern State Bank is an FDIC-insured institution (FDIC certificate #15242). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 25.1% of deposits ($74.6M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.92%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 18.08% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

Northern State Bank lists 6 offices in 6 cities across 2 states. Most locations:

  • Ashland, WI (1)
  • Aurora, MN (1)
  • Butternut, WI (1)
  • Glidden, WI (1)
  • Mellen, WI (1)
  • Washburn, WI (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Northern State Bank reported 153 home-loan applications under HMDA (LEI 254900X5QCTPBYKG4S42): 110 originated ($17,460,000 total), 19 denied, and 24 withdrawn or closed by the applicant. Its denial rate on decided applications was 14.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Northern State Bank
Type
State-chartered bank
FDIC certificate #
15242
RSSD ID
625757
Primary regulator
FDIC
Holding company
Bay Area Banking Shares Inc
Established
September 5, 1933
Headquarters
321 Main St W, Ashland, WI 54806
Employees
49

Quick answers

Northern State Bank: common questions

Is Northern State Bank FDIC insured?

Yes. Northern State Bank is an FDIC-insured institution (FDIC certificate #15242). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Northern State Bank's TellerScore?

78 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 Northern State Bank ever failed?

There is no failure record for FDIC certificate #15242 in the FDIC failed bank list.

How many branches does Northern State Bank have?

7 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Ashland

InstitutionScoreAssetsCapitalProblem loansCompare
Chippewa Valley BankBank Hayward, WI74 out of 100, Strong$735.8M8.7%0.22%vs
Northwoods Community Credit UnionCredit union Park Falls, WI70 out of 100, Strong$93.1M10.9%0.58%vs
Old National BankBank Evansville, IN59 out of 100, Moderate$73.9B8.8%0.92%vs
Associated Bank, National AssociationBank Green Bay, WI58 out of 100, Moderate$51.8B8.4%0.42%vs
BMO Bank National AssociationBank Chicago, IL58 out of 100, Moderate$255.0B11.3%0.92%vs
Superior Choice Credit UnionCredit union Superior, WI56 out of 100, Moderate$730.3M7.5%0.57%vs