Horicon Bank
Horicon, Wisconsin, Dodge County
$1.7B in total assets, the 698th largest of 4,309 US banks and 18th of 155 headquartered in Wisconsin.
- FDIC certificate
- 11236
- Established
- 1896
- Owned by
- Horicon Bk Profit Sharing&employee Stk Ownership Plan
- Primary regulator
- FDIC
- Website
- www.horiconbank.com
At a glance
Compared with 29 banks headquartered in Wisconsin with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.7B | 48% | $1.8B | |
| Loans | $1.4B | 52% | $1.3B | |
| Deposits | $1.4B | 48% | $1.5B | |
| Return on assets | 1.36% | 62% | 1.22% | |
| Net interest margin | 4.22% | 79% | 3.63% | |
| Efficiency ratio | 60.3% | 52% | 59.9% | |
| Equity to assets | 10.29% | 45% | 10.94% | |
| Loans to deposits | 97% | 66% | 94% |
Growth
Total assets grew 7.2% a year over the last 5 years and 10.3% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Sep 2023 | Cornerstone Community Bank Grafton, WI | $236M |
| Oct 2019 | Markesan State Bank Markesan, WI | $110M |
| Aug 1990 | Burnett State Bank Burnett, WI | $7M |
| Nov 1985 | Commercial State Bank Iron Ridge, WI | $11M |
Where they operate
19 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Dodge County, WI | $613M | 38.8% | 1 of 10 |
| Fond Du Lac County, WI | $245M | 8.5% | 2 of 11 |
| Green Lake County, WI | $139M | 9.5% | 3 of 6 |
| Washington County, WI | $136M | 3.6% | 9 of 13 |
| Waukesha County, WI | $91M | 0.5% | 26 of 34 |
| Winnebago County, WI | $69M | 2.6% | 11 of 17 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (14 to 19, +35.7%). 3 opened, 7 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 14 | |||
| 2016 | Opened Fond Du Lac | 1 | 0 | +1 | 15 |
| 2019 | Acquired Markesan State Bank | 4 | 0 | +4 | 19 |
| 2022 | Opened New BerlinClosed Markesan | 1 | 1 | 0 | 19 |
| 2023 | Acquired Cornerstone Community BankOpened Wauwatosa | 4 | 0 | +4 | 23 |
| 2024 | Closed 4 in Wisconsin | 0 | 4 | −4 | 19 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 32% | |
| 1-4 family residential | 22% | 23% | |
| Business (C&I) | 12% | 12% | |
| Farmland | 8% | 2% | |
| Construction and land | 8% | 8% | |
| Multifamily | 5% | 14% | |
| Agricultural | 3% | 4% | |
| Consumer | 0% | 3% | |
| Other | 3% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 52% | 52% | |
| Noninterest-bearing | 24% | 19% | |
| Time deposits | 24% | 30% |
Brokered deposits are 0.0% of deposits (peers 6.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.85% | 0.34% |
| Net charge-offs, annualized | 0.01% | 0.02% |
| Reserves to loans | 1.31% | 1.05% |
| Leverage ratio | 9.72% | 11.10% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Wisconsin
Largest competitors in Dodge County, WI
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/horicon