Horicon Bank is headquartered in Horicon and is the 26th largest bank in the state of Wisconsin. It is also the 860th largest bank in the nation. It was established in 1896 and as of June of 2021, it had grown to 203 employees at 19 locations. Horicon Bank's money market rates are 14% higher than the national average, and it has an A health rating.
Good Experience
This bank was able to deposit a cashiers' check from a local business sale that our credit union would not accept, even for a held deposit. I used the entire 5 figure check to open a checking account with the Horicon Bank and had nothing but good experiences with them. Their employees know who we are when we walk in the door and are able to answer our questions and provide service without needing to jump through corporate hoops. When it came time to sell our second business, our buyer was able to obtain business financing through Horicon that I am sure would not have been possible with a larger bank. They are still able to take into account the character of the individual instead of relying on hard numbers processed off site. That business sale would not have been possible without their help on the other end.
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11236 |
| Year Established | 1896 |
| Employees | 203 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 15.23% |
| Annual Interest Income | $19.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $1.17B$1.04B |
| Loans | Q2 2021vs Q2 2020 | $823.7MM$843.2MM |
| Deposits | Q2 2021vs Q2 2020 | $1.04B$930.2MM |
| Equity Capital | Q2 2021vs Q2 2020 | $106.6MM$94.3MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $10.0MM$11.0MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $10.8MM$13.8MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $17.00K$950.00K |
