Dairy State Bank

Rice Lake, WI
IDRSSD: 57451
Total Assets
$720.92M
Latest filing
Total Deposits
$615.13M
Latest filing
Net Interest Margin
2.84%
Profitability

Locations

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Main Office
Dairy State Bank
16 S Main St
Rice Lake, WI 54868
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/02/1953FDIC Certificate 11198

Branches (11)

Page 1 of 2
NameAddressCity / State
Dairy State Bank (Main)16 S Main StRice Lake, WI
BIRCHWOOD BRANCH124 N. Main StreetBirchwood, WI
HAUGEN BRANCH103 Third StreetHaugen, WI
ISLAND CITY BRANCH1405 2nd AveCumberland, WI
DOWNTOWN BRANCH600 2nd St EMenomonie, WI
DOWNSVILLE BRANCHE4491 County Road CDownsville, WI
WHEELER BRANCH100 S Highway 25Wheeler, WI
COLFAX BRANCH101 S Main StColfax, WI
Showing 7 of 11

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/02/1953
Community BankYes
Ownership TypeNot Mutual
ZIP54868
State and County Number55005
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees95
Domestic Offices12
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/02/1953
Primary Insurance AgencyDIF
Websitewww.dairystatebank.com
Data Updated11/14/2025
CERT17162
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$720.92M
Total Deposits$615.13M
Total Liabilities$644.61M
Total Equity Capital$76.31M
Net Income$1.60M
Net Loans and Leases$357.20M
Assets Per Employee ($Millions)$7.59M
Bank Premises and Fixed Assets$6.97M
Cash and Balances due from Depository Institutions$65.58M
Deposits Held in Domestic Offices$615.13M

Key Performance Ratios

Return on Assets (ROA)0.89%
Return on Equity (ROE)8.54%
Net Interest Margin2.84%
Efficiency Ratio62.26%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.17%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.585%
Earning Assets to total Assets95.49%

Income and Expense

Total Interest Income$8.37M
Total Noninterest Income$666.00k
Total Interest Expense$3.49M
Total Noninterest Expense$3.45M
Net Interest Income$4.88M
Pre-tax Net Operating Income$1.79M
Provision for Credit Losses$300.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$20.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$5.14M
All Other Liabilities$4.34M
Total Liabilities and Capital$720.92M

Securities

Securities$273.31M
Available-for-sale debt securities$271.99M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Dairy State Bank?
$720.92M as of the latest filing.
How much are Dairy State Bank's total deposits?
$615.13M in total deposits.
Where is Dairy State Bank located?
Rice Lake, WI.
What is the Net Interest Margin?
2.84%.
How many domestic offices does it operate?
12.
When was it established?
01/02/1953.
What is the Return on Assets (ROA)?
0.89%.
How much are total loans and leases?
$357.20M (latest filing).
What is the total interest income (latest filing)?
$8.37M.