Johnson Bank

Racine, Wisconsin, Racine County

$7.1B in total assets, the 224th largest of 4,309 US banks and 3rd of 155 headquartered in Wisconsin.

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 median
Total assets	$7.1B	98%	$1.7B
Loans	$5.4B	98%	$1.3B
Deposits	$5.6B	98%	$1.4B
Return on assets	1.27%	52%	1.22%
Net interest margin	3.54%	34%	3.75%
Efficiency ratio	62.2%	59%	59.9%
Equity to assets	12.20%	62%	10.46%
Loans to deposits	96%	59%	94%

Total assets grew 4.3% a year over the last 5 years and 4.9% a year over 10 years, without acquisitions.

Closed	Acquired bank	Assets at acquisition
Jun 2006	Johnson Bank Arizona, National Association Phoenix, AZ, an affiliate under the same holding company	$581M
Oct 2002	Capital Bank Green Bay, WI	$78M
Mar 2002	Johnson Bank Hayward Hayward, WI, an affiliate under the same holding company	$110M
Oct 1998	Johnson Bank, National Association Janesville, WI, an affiliate under the same holding company	$175M
May 1998	The Bank of Fort Atkinson Fort Atkinson, WI, an affiliate under the same holding company	$37M
Nov 1990	Heritage Bank of Mukwonago Mukwonago, WI	$22M
Jul 1990	Heritage Bank of Kenosha Kenosha, WI	$106M
Dec 1984	Heritage Bank - Racine Racine, WI	$56M
Dec 1984	Heritage Bank-Mt. Pleasant Mount Pleasant Township, WI	$49M

32 branches in 14 counties.

County	Deposits	Market share	Rank
Racine County, WI	$1.6B	36.0%	1 of 13
Milwaukee County, WI	$1.0B	1.9%	8 of 27
Kenosha County, WI	$813M	21.6%	2 of 11
Dane County, WI	$659M	2.5%	12 of 33
Rock County, WI	$495M	14.3%	2 of 18
Brown County, WI	$439M	3.2%	6 of 16

Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.

Net loss of 11 branches since 2016 (43 to 32, −25.6%). 6 opened, 0 acquired, 17 closed or sold.

Period	What happened	Opened or acquired	Closed or sold	Net change	Branches at end
Start of 2016	Starting point				43
2016	Opened Milwaukee	1	0	+1	44
2018	Closed Phoenix and Racine	0	2	−2	42
2020	Closed 6 in Wisconsin	0	6	−6	36
2021	Sold 3 branches to Arizona Bank & TrustClosed 3 in 2 states	0	6	−6	30
2023	Opened Delafield	1	0	+1	31
2024	Opened Madison and MilwaukeeClosed Madison	2	1	+1	32
2025	Opened Appleton and Sun PrairieClosed Appleton and Madison	2	2	0	32

Type	This bank	Peers
1-4 family residential	31%	22%
Commercial real estate	29%	32%
Multifamily	15%	14%
Business (C&I)	14%	12%
Construction and land	6%	8%
Consumer	2%	3%
Farmland	0%	3%
Agricultural	0%	4%
Other	4%	3%

Type	This bank	Peers
Other interest-bearing	65%	51%
Noninterest-bearing	19%	19%
Time deposits	16%	30%

Brokered deposits are 0.0% of deposits (peers 6.5%).

Trailing four quarters, with the peer median.

Noncurrent loans exclude government-guaranteed portions.

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/banks/johnson-bank-racine-wi