Hiawatha National Bank: how it compares with its peers
Against 58 WI banks with half to twice its assets, Hiawatha National Bank's strongest measure in Q2 2026 is assets per employee ($11.2M vs. a $7.7M peer median). Its weakest relative measure is net interest margin (3.09% vs. 3.74%).
| Measure | Hiawatha National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.89% | 1.25% | Bottom third Ahead of 24% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.09% | 3.74% | Bottom third Ahead of 19% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.49% | 59.64% | Middle third Ahead of 48% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.2M | $7.7M | Top third Ahead of 84% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.18% | 89.64% | Context |
What it means for lending operations
Its efficiency ratio of 60.49% is above the 59.64% 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
- Westbury Bank Waukesha, WI · $772M
- Fortifi Bank Berlin, WI · $750M
- Royal Bank Elroy, WI · $816M
- Bank of Prairie du Sac Prairie Du Sac, WI · $745M
- The Bank of New Glarus New Glarus, WI · $823M
- Chippewa Valley Bank Hayward, WI · $736M
Questions about Hiawatha National Bank
How big is Hiawatha National Bank?
Hiawatha National Bank, established in 1917, is headquartered in Hager City, WI. It reported $781M in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Hiawatha National Bank's return on assets?
0.89% annualized in Q2 2026, against a 1.25% median for 58 WI banks with half to twice its assets, ahead of 24% of them.
What is Hiawatha National Bank's efficiency ratio?
60.49% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 59.64%, and lower is better.
Is Hiawatha National Bank growing its loans?
Net loans grew 2.3% over the year to Q2 2026, while deposits shrank 0.2%.
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.