Bank Cmg
Madison, Wisconsin, Dane County
$1.1B in total assets, the 1,018th largest of 4,309 US banks and 28th of 155 headquartered in Wisconsin.
- FDIC certificate
- 11623
- Established
- 1883
- Owned by
- Cmg Bcorp
- Primary regulator
- FED
- Website
- www.bankcmg.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 | $1.1B | 14% | $1.8B | |
| Loans | $788M | 14% | $1.4B | |
| Deposits | $935M | 24% | $1.5B | |
| Return on assets | 0.42% | 2% | 1.27% | |
| Net interest margin | 4.17% | 76% | 3.63% | |
| Efficiency ratio | 70.3% | 76% | 59.9% | |
| Equity to assets | 8.97% | 10% | 10.94% | |
| Loans to deposits | 84% | 14% | 94% |
Growth
Total assets grew 15.7% a year over the last 5 years and 20.5% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2019 | Fox River State Bank Burlington, WI | $96M |
| Mar 2013 | Bank of Monticello Monticello, WI, an affiliate under the same holding company | $76M |
Where they operate
10 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Jefferson County, WI | $345M | 14.7% | 4 of 11 |
| Racine County, WI | $220M | 4.8% | 8 of 13 |
| Dane County, WI | $193M | 0.7% | 20 of 33 |
| Green County, WI | $105M | 7.4% | 6 of 7 |
| Rock County, WI | $42M | 1.2% | 14 of 18 |
| Waukesha County, WI | $15M | 0.1% | 33 of 34 |
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 (5 to 10, +100.0%). 6 opened, 2 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2016 | Opened Fort Atkinson | 1 | 0 | +1 | 6 |
| 2018 | Closed Fort Atkinson | 0 | 1 | −1 | 5 |
| 2019 | Acquired Fox River State BankOpened Waukesha | 3 | 0 | +3 | 8 |
| 2020 | Closed Monticello | 0 | 1 | −1 | 7 |
| 2021 | Opened 3 in Wisconsin | 3 | 0 | +3 | 10 |
| 2022 | Sold 1 branch to Woodford State Bank | 0 | 1 | −1 | 9 |
| 2024 | Opened Lake Mills | 1 | 0 | +1 | 10 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 36% | 22% | |
| Commercial real estate | 22% | 32% | |
| Multifamily | 15% | 14% | |
| Business (C&I) | 15% | 12% | |
| Construction and land | 10% | 8% | |
| Farmland | 1% | 3% | |
| Consumer | 0% | 3% | |
| Agricultural | 0% | 4% | |
| Other | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 51% | 52% | |
| Time deposits | 29% | 29% | |
| Noninterest-bearing | 20% | 19% |
Brokered deposits are 13.1% of deposits (peers 6.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.24% | 0.36% |
| Net charge-offs, annualized | -0.06% | 0.02% |
| Reserves to loans | 0.95% | 1.07% |
| Leverage ratio | 9.61% | 11.10% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Wisconsin
Largest competitors in Jefferson 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/cmg