B
Horicon Bank
HoriconWI
Rating Date
April 2025
Risk Based
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10). Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 11.5 and a capital leverage ratio of 9.0.
Other Rating Factors: A current level of 5.7 percent of nonperforming loans to core capital combined with 7.8 percent from a year earlier contributes to the Good asset quality (5.6). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.9 has resulted in Fair (4.3) profitability.
Asset Mix: Comm re (28%), home mtgs (16%), comm loans (10%), securities (9%), cash (8%), home eq lns (2%), consumer loans (0%), other (27%)
States with Branches: WI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
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5-Year Charge-Offs to Average Loans
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Operating Profit to Average Assets
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5-Year ROAA (Return on Average Assets)
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Hot Money
Corporate Info
Group Affiliation
Sword Financial Corporation
Investment Rating
--
Address
326 East Lake Street
Horicon, WI 53032
Phone Number
(920) 485-3040
Year Founded
1896
FDIC Number
Largest Affiliates
No affiliate information available.