Commercial real estate concentration
A meaningful share of lending is tied to property values and borrower cash flows.
- Scope
- Commercial real estate and multifamily portfolios
- Materiality
- high
Marathon Bancorp, Inc. /MD/
Marathon Bancorp, Inc. is the holding company for Marathon Bank, a Wisconsin-chartered savings bank headquartered in Wausau, Wisconsin. Through its community banking franchise, it takes deposits and originates loans for households and businesses, with a focus on local relationship banking in Wisconsin.
| % | |
|---|---|
| Deposit gathering | 35% Core banking deposits, including transaction and time deposits used to fund lending and investments. |
| Commercial real estate lending | 30% Loans secured by income-producing property for business and investor customers. |
| Residential mortgage lending | 20% One- to four-family residential mortgage loans for homebuyers and homeowners. |
| Multifamily and construction lending | 8% Financing for apartment properties and, to a lesser extent, construction projects. |
| Commercial and consumer lending | 7% Smaller commercial and industrial loans plus consumer credit products. |
Marathon Bank serves deposit and borrowing customers in the communities around its branch network, especially in...
- Local retail deposit customersprimary
Households and individuals in the branch communities who place deposits and use basic banking services.
- Commercial real estate borrowersprimary
Businesses and investors financing income-producing properties, a key lending focus for the bank.
- Residential mortgage borrowersprimary
Homebuyers and homeowners taking one- to four-family mortgage loans.
- Multifamily property borrowerssecondary
Apartment property owners and developers seeking multifamily real estate financing.
- Small business borrowerssecondary
Local businesses using commercial and industrial loans for working capital and expansion.
The company is headquartered in Wausau, Wisconsin and operates from its main office plus four branch offices in...
- •Headquartered in Wausau, Wisconsin
- •Branches in Marathon, Ozaukee and Waukesha Counties
- •Deposits are gathered mainly from local branch communities
- •Lending extends into Southeastern Wisconsin
- •Wisconsin economic conditions affect credit and deposit demand
Marathon Bancorp is focused on maintaining a strong liquidity position, retaining maturing deposits and using...
01
Grow commercial real estate and multifamily lendingshort-term
These loans can improve portfolio yield and help balance interest rate risk.
02
Preserve liquidity and funding stabilityshort-term
Deposit retention and backup borrowing capacity support lending and regulatory resilience.
03
Defend local market share through relationship bankingmedium-term
Personalized service helps compete against larger banks, fintechs and credit unions.
The bank is exposed to credit risk in commercial real estate, multifamily and residential lending, where repayment...
Interest rate risk
Loan yields, deposit pricing and securities values can move differently as rates change.
- Scope
- Net interest margin and liquidity
- Materiality
- high
Deposit funding competition
The bank competes with larger banks, credit unions and fintechs for deposits.
- Scope
- Branch markets in Wisconsin
- Materiality
- high
Regional economic concentration
Performance depends heavily on Wisconsin employment, housing and GDP trends.
- Scope
- Wisconsin loan and deposit markets
- Materiality
- medium
Allowance for credit losses
Can materially change provision expense and earnings
Foreclosed assets and recoveries
Can distort non-interest income trends
FDIC insurance premiums
Affects operating expense run-rate
Deferred tax assets and valuation allowance
Can affect reported tax benefit or expense
: 28.4.2026