Ergo Bank: how it compares with its peers
Against 72 WI banks with half to twice its assets, Ergo Bank's strongest measure in Q2 2026 is net interest margin (4.21% vs. a 3.86% peer median). Its weakest relative measure is return on assets (0.33% vs. 1.28%).
| Measure | Ergo Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.33% | 1.28% | Bottom third Ahead of 6% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.21% | 3.86% | Top third Ahead of 75% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 81.45% | 61.02% | Bottom third Ahead of 10% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.3M | $7.1M | Bottom third Ahead of 10% of peers |
| Loans to deposits Net loans and leases over total deposits. | 98.30% | 86.04% | Context |
What it means for lending operations
Its efficiency ratio of 81.45% is above the 61.02% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Farmers State Bank of Waupaca Waupaca, WI · $279M
- Bank of Deerfield Deerfield, WI · $268M
- First Federal Bank of Wisconsin Waukesha, WI · $286M
- Pillar Bank Baldwin, WI · $267M
- Nekoosa Port Edwards State Bank Nekoosa, WI · $287M
- Alliance Bank Mondovi, WI · $266M
Questions about Ergo Bank
How big is Ergo Bank?
Ergo Bank, established in 1910, is headquartered in Markesan, WI. It reported $277M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Ergo Bank's return on assets?
0.33% annualized in Q2 2026, against a 1.28% median for 72 WI banks with half to twice its assets, ahead of 6% of them.
What is Ergo Bank's efficiency ratio?
81.45% in Q2 2026: it spent about 81 cents in noninterest expense for each dollar of revenue. The peer median is 61.02%, and lower is better.
Is Ergo Bank growing its loans?
Net loans grew 13.3% over the year to Q2 2026, while deposits grew 7.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are WI banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Wisconsin bank ranked.