American Equity Bank, F.S.B. in Stevens Point, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1995

American Equity Bank, F.S.B. in Stevens Point, Wisconsin (WI)
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American Equity Bank, F.S.B. - Overview

General
FDIC Certificate #: 30809
Status: Inactive
Closing history: Corrections
Acquiring institution: AnchorBank, fsb (#29979)
Federal Reserve ID: 500676
Date Established: January 01, 1924
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 5953
FDIC's unique #: 43643
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: January 27, 1975
Last Structure Change Effective Date: June 30, 1995
Last Structure Change Process Date: October 27, 1995
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 640 Division Street, Stevens Point, WI 54481
County: Portage
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Stevens Point, WI (#44620)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $100.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$95,144Cash and due from depository institutions
$1,686Interest-bearing balances
$0Securities
$3,583Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$86,327Loan loss allowance
$482Trading account assets
$0Bank premises and fixed assets
$1,575Other real estate owned
$0Goodwill and other intangibles
$1,973Life insurance assets
$0All other assets
$0Total liabilities and capital
$95,144Total liabilities
$87,589Total deposits
$59,065Interest-bearing deposits
$55,076Deposits held in domestic offices
59065.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$27,835Subordinated debt
$0All other liabilities
$689Total equity capital
$689Total bank equity capital
$7,555Perpetual preferred stock
$0Common stock
$1Surplus
$6,248Undivided profits
Memoranda
$1,306Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$333Income earned, not collected on loans
$516Earning assets
$89,910Long-term assets (5+ years)
$0Average Assets, year-to-date
$84,610Average Assets, quarterly
$93,193Volatile liabilities
$31,033Insider loans
$869FHLB advances
$26,519Loans and leases held for sale
$0Unused loan commitments
$5,249Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,555Total risk weighted assets
$61,651Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$5,857Total interest expense
$3,119Net interest income
$2,738Provision for loan and lease losses
$126Total noninterest income
$592Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$592Total noninterest expense
$1,978Salaries and employee benefits
$862Premises and equipment expense
$500Additional noninterest expense
$616Pre-tax net operating income
$1,226Securities gains (losses)
$0Applicable income taxes
$484Income before extraordinary items
$742Extraordinary gains - net
$0Net income attributable to bank
$742Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.39%Cost of funding earning assets
3.93%Net interest margin
3.45%Noninterest income to earning assets
0.75%Noninterest expense to earning assets
2.49%Net operating income to assets
0.88%Return on assets (ROA)
0.88%Pretax return on assets
1.45%Return on equity (ROE)
10.35%Retained earnings to average equity (YTD only)
10.35%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,399Assets per employee
3.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.56%Loss allowance to noncurrent loans
144.74%Noncurrent assets plus other real estate owned to assets
0.35%Noncurrent loans to loans
0.38%Net loans and leases to deposits
146.16%Net loans and leases to core deposits
154.52%Equity capital to assets
7.94%Core capital (leverage) ratio
7.94%Tier 1 risk-based capital ratio
12.25%Total risk-based capital ratio
Memoranda
$13Average assets
$84,610Average earning assets
$7,170Average equity
$79,298Average loans

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