Margaret E. Halvorsen
Chair of the Board
Retired managing partner of a Quillan Falls accounting practice. Director since 2008; chair since 2019.
Quillan Falls Bancorp, Inc. · Investor relations
A savings bank serving central Wisconsin since 1911.
- Total assets
- $641.8M
- Branches
- 9
- Founded
- 1911
- Market
- OTCQX
Latest results
Second quarter 2026
Net income rose 18.5% from a year earlier as the net interest margin widened and loans grew. Credit quality stayed strong.
| Measure | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Net income | $1.56M | $1.32M | +18.5% |
| Diluted earnings per share | $0.65 | $0.54 | +20.4% |
| Net interest margin | 3.41% | 3.18% | +0.23 pts |
| Total assets | $641.8M | $618.4M | +3.8% |
| Total deposits | $548.3M | $531.7M | +3.1% |
| Net loans | $468.9M | $449.2M | +4.4% |
| Nonperforming assets to total assets | 0.31% | 0.38% | −0.07 pts |
| Book value per share | $26.64 | $24.65 | +8.1% |
Three months ended June 30. Balance-sheet figures at June 30.
Dividends
Dividend history
Quillan Falls has paid a cash dividend every quarter since 1994. The board reviews the dividend each quarter against earnings and capital.
Current quarterly dividend
$0.25 per share
Raised from $0.24 on August 19, 2026. That is $1.00 a year, a 2.99% yield at the sample price of $33.40.
Read the August 2026 dividend announcementReinvest dividends or use direct deposit
| Quarter | Declared | Record | Paid | Per share |
|---|---|---|---|---|
| Q3 2026 | $0.25 | |||
| Q2 2026 | $0.24 | |||
| Q1 2026 | $0.24 | |||
| Q4 2025 | $0.23 | |||
| Q3 2025 | $0.23 | |||
| Q2 2025 | $0.23 | |||
| Q1 2025 | $0.23 | |||
| Q4 2024 | $0.22 | |||
| Q3 2024 | $0.22 |
Reports and releases
Reports and releases
Earnings releases, annual reports, proxy materials and dividend announcements, each kept under its original date. Quillan Falls Bancorp reports under OTC Markets’ Alternative Reporting Standard, so there are no SEC filings.
- Proxy materialsNotice of 2026 annual meeting and proxy statement summary
- Dividend announcementQuarterly dividend raised to $0.25 per share
- Earnings releaseSecond-quarter 2026 results
- Dividend announcementQuarterly dividend of $0.24 per shareLayout example, document not included
- Earnings releaseFirst-quarter 2026 resultsLayout example, document not included
- Annual report2025 annual report to shareholders
- Dividend announcementQuarterly dividend raised to $0.24 per shareLayout example, document not included
- Earnings releaseFourth-quarter and full-year 2025 resultsLayout example, document not included
- Dividend announcementQuarterly dividend of $0.23 per shareLayout example, document not included
- Earnings releaseThird-quarter 2025 resultsLayout example, document not included
- Proxy materialsNotice of 2025 annual meeting and proxy statement summaryLayout example, document not included
- Dividend announcementQuarterly dividend of $0.23 per shareLayout example, document not included
- Earnings releaseSecond-quarter 2025 resultsLayout example, document not included
- Dividend announcementQuarterly dividend of $0.23 per shareLayout example, document not included
- Earnings releaseFirst-quarter 2025 resultsLayout example, document not included
- Annual report2024 annual report to shareholdersLayout example, document not included
- Dividend announcementQuarterly dividend raised to $0.23 per shareLayout example, document not included
- Earnings releaseFourth-quarter and full-year 2024 resultsLayout example, document not included
- Dividend announcementQuarterly dividend of $0.22 per shareLayout example, document not included
- Earnings releaseThird-quarter 2024 resultsLayout example, document not included
- Proxy materialsNotice of 2024 annual meeting and proxy statement summaryLayout example, document not included
- Dividend announcementQuarterly dividend raised to $0.22 per shareLayout example, document not included
- Annual report2023 annual report to shareholdersLayout example, document not included
- No documents match these filters. Choose another year or type.
Four fictional documents demonstrate the archive, and each one opens the document named. Rows marked “Layout example” show how a full archive looks; on a live site every row opens its own document.
Behind this page
How this page stays current
An illustration of the Managed plan, using the second-quarter release. The times are fictional, not measured performance.
· Second-quarter 2026 earnings release
The CFO approves the release
Joanna Pruett, the bank’s CFO, signs off on the final text and tables, and the approval is recorded.
The bank issues the release
It goes out through the bank’s newswire and OTC Markets, as the bank’s disclosure policy requires.
Published here and checked
Latest results update, the release is filed under its date, and the live page is checked against the issued release.
Email alert goes to subscribers
Subscribers get the headline and a link to the release on this site.
Nothing is posted until the bank has approved it and released it publicly. Historical documents stay dated in the archive.
Annual meeting
2026 annual meeting of shareholders
Shareholders of record on the record date may vote in person or by proxy.
- Date
- Time
- 10:00 a.m. Central Time
- Place
- Community Room, Quillan Falls Savings Bank main office, 200 North Mill Street, Quillan Falls, Wisconsin
- Record date
- Close of business,
- Materials mailed
- How to vote
- By internet, phone or mail with the control number on your proxy card, or in person at the meeting
Items of business
- Elect three directors for terms ending in 2029.The board recommends a vote FOR each nominee.
- Ratify Fenwright & Doyle, LLP as independent auditor for 2026.The board recommends a vote FOR.
- Approve the 2026 Equity Incentive Plan.The board recommends a vote FOR.
- Any other business properly brought before the meeting.
Notice of meeting and proxy statement summary2025 annual report to shareholders
Voting results: posted after the meeting.
Governance
Board and management
Seven directors, six of them independent, serving staggered three-year terms. All people named here are fictional.
Board of directors
Thomas R. Kessling
Director; President and CEO
Joined the bank in 1998 as a commercial lender and has led it since 2014.
Anita Varga-Moreno, CPA
Chair, Audit Committee
Former controller of a regional dairy cooperative. Director since 2017.
Rebecca Lindqvist
Chair, Compensation Committee
President of a family-owned hardware distributor based in Ashby County. Director since 2012.
Samuel Petrakis
Chair, Governance and Nominating
Estate-planning attorney in Quillan Falls for 25 years. Director since 2019.
Walter J. Brekke
Director
Fourth-generation grain and dairy farmer in Marder County. Director since 2004.
Naomi Castellanos, MD
Director
Family physician and medical director of a rural clinic network. Director since 2022.
Executive officers
Thomas R. Kessling
President and Chief Executive Officer
Twenty-eight years with the bank, first in farm and commercial lending, then as chief credit officer.
Joanna M. Pruett, CPA
EVP, Chief Financial Officer and Corporate Secretary
Joined in 2016 from a regional audit practice. Runs finance, investor relations and shareholder records.
Curtis A. Albrecht
EVP and Chief Credit Officer
Twenty-seven years in agricultural and commercial lending. Chairs the bank’s loan committee.
Committees
- Audit: Varga-Moreno (chair), Halvorsen, Lindqvist
- Compensation: Lindqvist (chair), Brekke, Petrakis
- Governance and Nominating: Petrakis (chair), Halvorsen, Castellanos
Governance documents
- Articles of incorporation and bylaws (PDF on a live site)
- Code of ethics for directors, officers and employees (PDF on a live site)
- Audit Committee charter (PDF on a live site)
- Compensation Committee charter (PDF on a live site)
Shareholder services
Shareholder services
For account changes, registered shareholders should start with the transfer agent. If your shares are held by a broker, contact your broker. The bank’s investor contact can help with anything else.
Transfer agent
Example Transfer CompanyShareholder Services
0000 Example Avenue, Suite 000
Example City, ST 00000
(608) 555-0123
shareholders@exampletransfer.example
Keeps registered share accounts and handles address changes, transfers and tax forms.
Dividend reinvestment and direct deposit
Registered shareholders can reinvest dividends in more shares through the transfer agent’s dividend reinvestment plan, without commission.
Dividends can also go by direct deposit to a checking or savings account at any U.S. bank. Enroll or change instructions with the transfer agent.
Lost certificates and estates
Report a lost, stolen or destroyed stock certificate to the transfer agent right away so it can be stopped. A replacement usually needs an affidavit and an indemnity bond.
The transfer agent also handles transfers of shares after a shareholder dies.
Investor contact at the bank
Joanna M. PruettExecutive Vice President and Chief Financial Officer
200 North Mill Street, Quillan Falls, Wisconsin
(715) 555-0147
investors@quillanfalls.example
Email alerts
Get earnings releases, dividend announcements and meeting materials by email when they are posted.