Ixonia Bank: how it compares with its peers
Against 47 WI banks with half to twice its assets, Ixonia Bank's strongest measure in Q2 2026 is net interest margin (7.60% vs. a 3.75% peer median). Its weakest relative measure is assets per employee ($1.5M vs. $7.6M).
| Measure | Ixonia Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.21% | 1.14% | Middle third Ahead of 55% of peers |
| Net interest margin Annualized net interest income over earning assets. | 7.60% | 3.75% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 86.70% | 61.60% | Bottom third Ahead of 4% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $1.5M | $7.6M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 119.44% | 88.05% | Context |
What it means for lending operations
Its efficiency ratio of 86.70% is above the 61.60% 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
- Bank of Wisconsin Dells Wisconsin Dells, WI · $1.08B
- Great Midwest Bank, S.S.B. Brookfield, WI · $1.06B
- Bank Cmg Madison, WI · $1.06B
- Security Financial Bank Durand, WI · $1.04B
- Prevail Bank Medford, WI · $1.03B
- River Bank Stoddard, WI · $1.02B
Questions about Ixonia Bank
How big is Ixonia Bank?
Ixonia Bank, established in 1918, is headquartered in Ixonia, WI. It reported $1.08B in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Ixonia Bank's return on assets?
1.21% annualized in Q2 2026, against a 1.14% median for 47 WI banks with half to twice its assets, ahead of 55% of them.
What is Ixonia Bank's efficiency ratio?
86.70% in Q2 2026: it spent about 87 cents in noninterest expense for each dollar of revenue. The peer median is 61.60%, and lower is better.
Is Ixonia Bank growing its loans?
Net loans grew 19.5% over the year to Q2 2026, while deposits grew 18.4%.
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.