BlastPoint's Banking Scorecard

Headwaters State Bank

$100M-$1B Specialty: Commercial WI FDIC cert 9035

Land O' Lakes, WI

2 branches across WI

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 110 in WI.
Deposits +9.5% year over year ($102.9M on the books).
Delinquency rate 6.42%.
Return on assets 0.84%.
Efficiency ratio 60.26% vs a 64.48% peer average.
Loan-to-deposit ratio 77.49% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 110 in WI

View $100M-$1B leaderboard (WI) →

Headwaters State Bank has 1 strength but faces 6 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Efficiency Ratio 4.22% below tier average

Key Concerns

Areas that may need attention

- NIB Deposit Bleed: Bottom 68.5% in tier
- Delinquency Rate 5.50% above tier average
- Nonperforming Asset Ratio 3.51% above tier average
- Non-Interest Income / Assets 0.51% below tier average
- ROA 0.48% below tier average
- Net Interest Margin 0.66% below tier average

Get updates when Headwaters State Bank releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
Total Assets ?	$122.5M +8.9% YoY +2.4% QoQ	-$264.1M	$386.6M +1.2% YoY	$1.2B +13.5% YoY	$6.3B +7.7% YoY	Bottom 6.3% in tier
Total Loans ?	$79.7M +4.4% YoY +0.4% QoQ	-$178.6M	$258.3M +1.7% YoY	$860.4M +13.3% YoY	$3.2B +9.4% YoY	Bottom 10.3% in tier
Total Deposits ?	$102.9M +9.5% YoY +2.5% QoQ	-$223.9M	$326.7M +0.7% YoY	$935.5M +13.1% YoY	$4.9B +7.3% YoY	Bottom 6.1% in tier
Return on Assets ?	0.84% +0.5% YoY -6.5% QoQ	-0.48%	1.32% +10.8% YoY	1.56% +18.6% YoY	1.30% +12.1% YoY	26%
Net Interest Margin ?	3.33% -1.5% YoY -0.5% QoQ	-0.66%	3.99% +5.0% YoY	3.83% +8.5% YoY	3.95% +4.9% YoY	21%
Efficiency Ratio ?	60.26% -1.4% YoY +3.3% QoQ	-4.22%	64.48% -3.2% YoY	62.90% -5.1% YoY	70.05% +2.5% YoY	56%
Delinquency Rate ?	6.42% -2.0% YoY +0.3% QoQ	+5.50%	0.92% +15.7% YoY	0.85% +12.5% YoY	0.98% +16.3% YoY	Bottom 1.3% in tier
Loan-to-Deposit Ratio ?	77.49% -4.7% YoY -2.1% QoQ	-0.46%	77.95% +1.0% YoY	87.22% +0.9% YoY	79.03% +2.3% YoY	55%
Non-Interest-Bearing Deposit Share ?	14.64% -14.6% YoY -7.6% QoQ	-7.39%	22.03% -0.6% YoY	18.65% -1.9% YoY	21.98% -0.6% YoY	23%
Nonperforming Asset Ratio ?	4.18% -6.0% YoY -1.6% QoQ	+3.51%	0.67% +16.4% YoY	0.63% +16.4% YoY	0.69% +15.8% YoY	Bottom 1.6% in tier
Tier 1 Capital Ratio ?	11.21% +0.6% YoY +1.2% QoQ	-4.70%	15.91% +1.4% YoY	15.02% +1.5% YoY	17.09% +0.8% YoY	26%
Non-Interest Income / Assets ?	0.06% -11.7% YoY +90.2% QoQ	-0.51%	0.57% +7.6% YoY	2.21% +12.7% YoY	0.66% +5.2% YoY	Bottom 7.8% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
Noninterest-Bearing	14.6% -2.5pp YoY -1.2pp QoQ	-7.5pp	22.1%	18.9%	22.2%	22%
Brokered Deposits	15.5% -2.7pp YoY -0.4pp QoQ	+7.7pp	7.9%	9.2%	8.5%	86%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
C&I	9.1% +0.4pp YoY -0.6pp QoQ	-2.4pp	11.6%	10.5%	12.5%	47%
CRE	n/a	n/a	39.5%	46.4%	41.4%	n/a
1-4 Family	35.7% -1.0pp YoY +0.3pp QoQ	+3.1pp	32.6%	32.3%	31.3%	63%
Consumer	2.1% 0.0pp YoY 0.0pp QoQ	-2.0pp	4.1%	2.6%	5.0%	50%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
CET1 Ratio	n/a	n/a	18.8%	15.5%	19.7%	n/a
Leverage Ratio	11.2% +0.1pp YoY +0.1pp QoQ	-1.0pp	12.2%	12.6%	12.6%	54%
Total Capital Ratio	n/a	n/a	19.9%	16.6%	20.8%	n/a

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
Full-Time Employees	15 0 YoY 0 QoQ	-44	58	134	482	4%
Assets per Employee ($)	$8.2M +8.9% YoY +2.4% QoQ	+$647K	$7.5M	$8.2M	$8.8M	70%
Branch Count	2 0 YoY 0 QoQ	-3	4	9	18	11%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.3%	0.4%	0.4%	n/a
Nonaccrual	6.4% -0.1pp YoY 0.0pp QoQ	+5.5pp	0.9%	0.9%	1.0%	99%
Allowance Coverage	0.17x +8.6% YoY +2.0% QoQ	-23.98x	24.15x	56.89x	20.23x	1%
Net Charge-off Rate (YTD)	0.0% 0.0pp YoY	-0.1pp	0.1%	0.0%	0.2%	45%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (WI)	National Avg	Tier Percentile
ROE	5.3% +0.1pp YoY -0.3pp QoQ	-6.9pp	12.2%	11.8%	11.6%	14%
Cost of Funds (YTD)	2.2% -0.1pp YoY 0.0pp QoQ	+0.5pp	1.7%	1.8%	1.7%	82%
Net Income ($, YTD)	$505,000 +8.1% YoY — QoQ	-$2.1M	$2.6M	$7.9M	$40.4M	11%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (1)

NIB Deposit Bleed

decline

#112 of 162 • Bottom 68.5% in tier

Non-interest-bearing deposit share dropped 2+ pp YoY and now below the tier median. Cheap funding leaving for higher-yield competitors.

Why this signature

Noninterest-Bearing Deposit Share: 14.64%

(Tier: 22.03%, National: 21.98%)

worse than tier avg

162 of 162 Community banks match · 211 nationally

↓ Shrinking -26 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 2643 peers in $100M-$1B

Top Strengths (0 metrics)

No strength rankings available

Top Weaknesses (8 metrics)

2601

Delinquency Rate

credit_quality

Value: 6.42%

Peer Median: 0.92%

#2601 of 2633 Bottom 1.3% in $100M-$1B

2603

Nonperforming Asset Ratio

credit_quality

Value: 4.18%

Peer Median: 0.67%

#2603 of 2643 Bottom 1.6% in $100M-$1B

2483

Total Deposits

size

Value: $102.88M

Peer Median: $326.73M

#2483 of 2643 Bottom 6.1% in $100M-$1B

2478

Total Assets

size

Value: $122.48M

Peer Median: $386.57M

#2478 of 2643 Bottom 6.3% in $100M-$1B

2438

Non-Interest Income / Assets

revenue_mix

Value: 0.06%

Peer Median: 0.57%

#2438 of 2643 Bottom 7.8% in $100M-$1B

2372

Total Loans

size

Value: $79.73M

Peer Median: $258.35M

#2372 of 2643 Bottom 10.3% in $100M-$1B

2096

Net Interest Margin

profitability

Value: 3.33%

Peer Median: 3.99%

#2096 of 2643 Bottom 20.7% in $100M-$1B

2044

Non-Interest-Bearing Deposit Share

funding

Value: 14.64%

Peer Median: 22.03%

#2044 of 2643 Bottom 22.7% in $100M-$1B