IncredibleBank: how it compares with its peers
Against 20 WI banks with half to twice its assets, IncredibleBank's strongest measure in Q2 2026 is assets per employee ($9.0M vs. a $7.8M peer median). Its weakest relative measure is return on assets (1.06% vs. 1.17%).
| Measure | IncredibleBank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.06% | 1.17% | Middle third Ahead of 40% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.92% | 3.69% | Middle third Ahead of 60% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.02% | 60.52% | Middle third Ahead of 45% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.0M | $7.8M | Top third Ahead of 75% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.96% | 93.81% | Context |
What it means for lending operations
Its efficiency ratio of 63.02% is above the 60.52% 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
- National Bank of Commerce Superior, WI · $2.23B
- WaterStone Bank, SSB Wauwatosa, WI · $2.25B
- Tri City National Bank Oak Creek, WI · $1.95B
- CCFBank National Association Altoona, WI · $1.81B
- Bank Five Nine Oconomowoc, WI · $2.53B
- Horicon Bank Horicon, WI · $1.65B
Questions about IncredibleBank
How big is IncredibleBank?
IncredibleBank, established in 1967, is headquartered in Wausau, WI. It reported $2.10B in total assets in its Q2 2026 FDIC call report and operates 18 offices.
What is IncredibleBank's return on assets?
1.06% annualized in Q2 2026, against a 1.17% median for 20 WI banks with half to twice its assets, ahead of 40% of them.
What is IncredibleBank's efficiency ratio?
63.02% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 60.52%, and lower is better.
Is IncredibleBank growing its loans?
Net loans grew 5.6% 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.