National Exchange Bank and Trust
Fond Du Lac, Wisconsin, Fond Du Lac County
$2.9B in total assets, the 453rd largest of 4,309 US banks and 9th of 155 headquartered in Wisconsin.
- FDIC certificate
- 10044
- Established
- 1933
- Owned by
- Neb Corp
- Primary regulator
- OCC
- Website
- https://www.nebat.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 | $2.9B | 79% | $1.7B | |
| Loans | $1.7B | 62% | $1.3B | |
| Deposits | $2.3B | 83% | $1.4B | |
| Return on assets | 1.65% | 86% | 1.22% | |
| Net interest margin | 3.96% | 72% | 3.63% | |
| Efficiency ratio | 48.9% | 14% | 60.3% | |
| Equity to assets | 19.77% | 98% | 10.46% | |
| Loans to deposits | 75% | 7% | 94% |
Growth
Total assets grew 2.5% a year over the last 5 years and 7.9% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2020 | NBW BANK Waupun, WI, an affiliate under the same holding company | $181M |
| Sep 2016 | American Bank Fond Du Lac, WI, an affiliate under the same holding company | $451M |
| Nov 1995 | Bank of Elkhart Lake Elkhart Lake, WI | $19M |
| Nov 1995 | Adell State Bank Adell, WI | $26M |
| Jun 1994 | State Bank of Cascade Cascade, WI, an affiliate under the same holding company | $14M |
| Jun 1989 | Mount Calvary State Bank Mount Calvary, WI, an affiliate under the same holding company | $24M |
Where they operate
33 branches in 11 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Fond Du Lac County, WI | $1.3B | 45.8% | 1 of 11 |
| Sheboygan County, WI | $215M | 7.2% | 7 of 13 |
| Waukesha County, WI | $152M | 0.8% | 21 of 34 |
| Dodge County, WI | $117M | 7.4% | 5 of 10 |
| Marquette County, WI | $106M | 47.9% | 1 of 4 |
| Washington County, WI | $99M | 2.6% | 11 of 13 |
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 (28 to 33, +17.9%). 2 opened, 10 acquired, 7 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 28 | |||
| 2016 | Acquired American Bank | 6 | 0 | +6 | 34 |
| 2018 | Closed 3 in Wisconsin | 0 | 3 | −3 | 31 |
| 2019 | Opened Chilton and Elkhart LakeClosed Elkhart Lake | 2 | 1 | +1 | 32 |
| 2020 | Acquired NBW BANK | 4 | 0 | +4 | 36 |
| 2021 | Closed 3 in Wisconsin | 0 | 3 | −3 | 33 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 40% | 31% | |
| 1-4 family residential | 23% | 23% | |
| Business (C&I) | 14% | 12% | |
| Construction and land | 9% | 8% | |
| Multifamily | 6% | 14% | |
| Farmland | 2% | 3% | |
| Consumer | 1% | 3% | |
| Agricultural | 1% | 4% | |
| Other | 4% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 52% | |
| Noninterest-bearing | 26% | 19% | |
| Time deposits | 16% | 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 | 0.37% | 0.34% |
| Net charge-offs, annualized | -0.07% | 0.02% |
| Reserves to loans | 2.98% | 1.05% |
| Leverage ratio | 20.06% | 10.74% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Wisconsin
Largest competitors in Fond Du Lac 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/banks/national-exchange-bank-trust-fond-du-lac-wi