Town Bank, National Association
Hartland, Wisconsin, Waukesha County
$4.7B in total assets, the 306th largest of 4,309 US banks and 6th of 155 headquartered in Wisconsin.
- FDIC certificate
- 34717
- Established
- 1998
- Owned by
- Wintrust Financial Corp
- Primary regulator
- OCC
- Website
- www.townbank.us
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 | $4.7B | 90% | $1.7B | |
| Loans | $3.5B | 86% | $1.3B | |
| Deposits | $3.8B | 93% | $1.4B | |
| Return on assets | 1.37% | 66% | 1.22% | |
| Net interest margin | 3.08% | 21% | 3.75% | |
| Efficiency ratio | 42.5% | 7% | 60.3% | |
| Equity to assets | 10.26% | 41% | 10.94% | |
| Loans to deposits | 92% | 41% | 94% |
Growth
Total assets grew 8.7% a year over the last 5 years and 9.8% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2016 | Foundations Bank Pewaukee, WI | $126M |
| Jan 2015 | Community Bank CBD Delavan, WI | $207M |
Where they operate
25 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Waukesha County, WI | $2.1B | 11.1% | 2 of 34 |
| Milwaukee County, WI | $699M | 1.3% | 11 of 27 |
| Walworth County, WI | $454M | 18.1% | 1 of 15 |
| Racine County, WI | $373M | 8.2% | 4 of 13 |
| Dane County, WI | $82M | 0.3% | 24 of 33 |
| Rock County, WI | $76M | 2.2% | 12 of 18 |
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 6 branches since 2016 (19 to 25, +31.6%). 10 opened, 1 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 19 | |||
| 2016 | Acquired Foundations BankClosed Pewaukee | 1 | 1 | 0 | 19 |
| 2017 | Opened Milwaukee | 1 | 0 | +1 | 20 |
| 2018 | Opened 4 in Wisconsin | 4 | 0 | +4 | 24 |
| 2019 | Opened Milwaukee | 1 | 0 | +1 | 25 |
| 2021 | Sold 3 branches to Bank CmgOpened Whitefish Bay, closed Sharon | 1 | 4 | −3 | 22 |
| 2024 | Opened Mequon | 1 | 0 | +1 | 23 |
| 2025 | Opened Beloit and Milwaukee | 2 | 0 | +2 | 25 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Business (C&I) | 37% | 11% | |
| Consumer | 18% | 3% | |
| Commercial real estate | 13% | 32% | |
| 1-4 family residential | 12% | 23% | |
| Multifamily | 7% | 14% | |
| Construction and land | 5% | 8% | |
| Farmland | 1% | 3% | |
| Agricultural | 0% | 4% | |
| Other | 8% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 68% | 51% | |
| Noninterest-bearing | 19% | 19% | |
| Time deposits | 13% | 30% |
Brokered deposits are 13.4% of deposits (peers 6.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.22% | 0.36% |
| Net charge-offs, annualized | 0.09% | 0.01% |
| Reserves to loans | 0.54% | 1.07% |
| Leverage ratio | 9.75% | 11.10% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Wisconsin
Largest competitors in Waukesha 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/town