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Q2 2026 · read from the 30 June 2026 Call Report · United States · Great Lakes · Wisconsin, the state note

Incrediblebank

Wausau, Wisconsin · $2.10B in assets · beside the 11 other Wisconsin banks between $1B and $3B

The filing

7.7%
Equity / assets
12th of 12
23.2%
CRE / loans
2nd of 12
195.6%
CRE / capital
2nd of 12

Incrediblebank is the sixth largest of the 12 Wisconsin banks nearest its size between $1B and $3B, with $2.10B in assets at 30 June 2026. Loans are 89.9% of deposits, 3rd of 12 against a median of 95.8%, and equity is 7.7% of assets, the lowest in the cohort. Loans grew +5.6% in the year, 6th of 12, and deposits fell 0.2%; the cohort's median loan growth is +4.0%.

Noncurrent loans are 0.89% of the book, 8th of 12 against a median of 0.61%; 0.41% is 30 to 89 days past due, and the allowance covers them 1.2 times. Net charge-offs are 0.11% of loans, 11th of 12. Commercial real estate is 23.2% of loans, 2nd of 12 against a median of 43.0%, and 196% of capital, below the 300% screen, with construction at 34% against the 100% screen.

Return on assets is 1.06%, 8th of 12 against a median of 1.19%, on an efficiency ratio of 63.0%, 6th of 12. Five years ago it was 1.85%. The question is which of these lines moves first over the next four quarters, and against which peer.

Equity as a share of assetsWI banks $1B to $3B · 30 June 2026 · higher is stronger, listed first
median 10.2% NS North Shore Bank 15.3% WB Waterstone Bank SSB 14.7% OC One Community Bank 12.7% CN Ccfbank National Association 12.0% WS Waukesha State Bank 10.9% HB Horicon Bank 10.3% PB Park Bank 10.2% NB National Bank of Commerce 9.8% TC Tri City National Bank 9.7% BF Bank Five Nine 9.6% PS Peoples State Bank 9.6% I Incrediblebank 7.7%
Loans, year over yearWI banks $1B to $3B · 30 June 2026 · no better direction, largest first
median +4.0% OC One Community Bank +18.2% BF Bank Five Nine +7.7% WS Waukesha State Bank +7.4% NS North Shore Bank +7.1% HB Horicon Bank +6.3% I Incrediblebank +5.6% CN Ccfbank National Association +2.4% PS Peoples State Bank +2.3% PB Park Bank +1.6% NB National Bank of Commerce +1.4% TC Tri City National Bank +0.6% WB Waterstone Bank SSB +0.5%

SBA 7(a), FY2008 to FY2026

Incrediblebank is the 17th largest 7(a) lender into Wisconsin of 426, with $169M across 281 loans, 1.8% of everything approved in the state (Byline Bank leads with $864M). 210 of its 266 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Wisconsin, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Marathon, WI$52M1st of 4731.2%-18.3 pts
Los Angeles, CA$29M81st of 3080.1%-0.7 pts
Oneida, WI$21M1st of 3635.0%-63.0 pts
Dallas, TX$19M66th of 3140.4%-1.5 pts
Vilas, WI$18M1st of 2431.0%+13.1 pts
Marquette, MI$16M3rd of 3117.9%+42.3 pts
Wayne, MI$16M20th of 1640.9%-2.9 pts
Lee, FL$16M17th of 1691.4%+0.6 pts
Sacramento, CA$12M43rd of 1700.5%quiet FY2022
San Bernardino, CA$11M68th of 2130.3%quiet FY2021
Collin, TX$10M61st of 2610.4%thin
Johnston, NC$10M2nd of 726.8%quiet FY2022
Jefferson, CO$9M40th of 1830.6%-0.8 pts
253 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Accommodation & food services177$189M24.3%0.25%92nd of 2,596
Retail trade132$109M14.0%0.18%105th of 2,589
Other services90$94M12.0%0.27%73rd of 2,248
Manufacturing84$79M10.2%0.20%84th of 2,246
Transportation & warehousing50$56M7.1%0.42%43rd of 1,563
7(a) lenders into Wisconsin, share of approvals since FY2008426 lenders on record; the ten largest and Incrediblebank
BB Byline Bank 9.3% $864M · 860 loans BF Bank Five Nine 7.9% $733M · 1,782 loans BF Bank First, N.A. 4.7% $437M · 963 loans UB UMB Bank, National Association 3.8% $355M · 672 loans UB U.S. Bank, National Association 3.5% $324M · 1,831 loans NN Nicolet National Bank 3.2% $296M · 741 loans ON Old National Bank 3.0% $279M · 390 loans AB Associated Bank National Associat… 3.0% $278M · 2,089 loans LO Live Oak Banking Company 2.6% $246M · 206 loans SC Summit CU 2.6% $244M · 1,034 loans I Incrediblebank 1.8% $169M · 281 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 4 CBLR filers; owner-occupied excluded; bold marks a screen met
IncrediblebankRankCohort median
Total CRE against capital, the 300% screen196%2nd of 12272%
Construction against capital, the 100% screen34%5th of 1245%
Construction and land development, share of loans4.1%3rd of 126.4%
Non-owner-occupied nonfarm nonresidential, share of loans15.2%5th of 1219.2%
Total CRE, the guidance definition, share of loans23.2%2nd of 1243.0%
CRE growth over 36 months, the third prong+18.7%7th of 12+16.2%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
One Community Bank$2.63B1.3%52.9%0.58%0.00%1.0%107.8%12.7%
North Shore Bank$2.61B1.0%69.9%0.10%0.02%0.7%95.1%15.3%
Bank Five Nine$2.53B1.3%58.6%1.91%0.03%0.6%97.9%9.6%
Waterstone Bank SSB$2.25B1.3%75.5%0.36%0.00%1.0%124.9%14.7%
National Bank of Commerce$2.23B2.0%51.5%0.64%0.05%1.0%92.9%9.8%
Incrediblebank$2.10B1.1%63.0%0.89%0.11%1.1%89.9%7.7%
Tri City National Bank$1.95B0.8%72.9%0.51%0.04%1.2%66.7%9.7%
Ccfbank National Association$1.81B0.7%60.6%2.28%0.23%1.9%87.6%12.0%
Horicon Bank$1.65B1.4%63.3%0.93%0.01%1.3%96.7%10.3%
Waukesha State Bank$1.62B2.4%55.6%0.25%0.01%0.9%94.0%10.9%
Park Bank$1.54B0.7%71.3%0.24%0.00%1.2%104.8%10.2%
Peoples State Bank$1.50B1.1%63.3%1.40%0.00%1.2%96.5%9.6%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
IncrediblebankCohort median
20212026Change20212026Change
Loans$1.27B$1.60B+26%$1.04B$1.49B+43%
Deposits$1.50B$1.78B+18%$1.24B$1.66B+34%
NPA / loans0.41%0.89%+0.48 pts0.45%0.61%+0.16 pts
Efficiency59.8%63.0%+3.2 pts57.9%63.2%+5.3 pts
ROA1.85%1.06%-0.79 pts1.36%1.19%-0.17 pts

This read was prepared for Incrediblebank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Incrediblebank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort WI banks $1B to $3B
Institution www.incrediblebank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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