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Distressed Note Industry
Analyzing residential real estate loan performance across 482 Wisconsin banks
As of Q2 2025, 482 Wisconsin banks report residential real estate portfolios totaling $53.6B. Non-performing loans in this category total $364.8M — an average NPL ratio of 0.68% — with $173.5M 30-89 days delinquent, $7.9M 90+ days delinquent, and $357.0M in nonaccrual status. The most distressed lender in this category is HIAWATHA NATIONAL BANK (WI) with an NPL ratio of 10.87%.
Total Lenders
482
Total Loan Portfolio
$53.6B
Total NPL
$364.8M
Average NPL %
0.68%
30-89 Days
$173.5M
90+ Days
$7.9M
Nonaccrual
$357.0M
Charge-offs
$2.4M
Distribution of banks by non-performing loan ratio
| Bank Name | State | Portfolio | NPL | NPL % |
|---|---|---|---|---|
| HIAWATHA NATIONAL BANK | WI | $5.6M | $608K | 10.87% |
| ASSOCIATED BANK, NATIONAL ASSOCIATION | WI | $10.8M | $937K | 8.64% |
| COLUMBIA SAVINGS AND LOAN ASSOCIATION | WI | $11.8M | $730K | 6.19% |
| LAKE RIDGE BANK | WI | $5.9M | $362K | 6.10% |
| COLUMBIA SAVINGS AND LOAN ASSOCIATION | WI | $12.2M | $730K | 5.98% |
| PARK BANK, NATIONAL ASSOCIATION | WI | $8.8M | $429K | 4.89% |
| FARMERS & MERCHANTS BANK, THE | WI | $145.5M | $6.6M | 4.51% |
| NORTH SHORE BANK | WI | $271K | $12K | 4.43% |
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