FDIC Certificate #: 11608 Status: Active Federal Reserve ID: 578741 Bank Holding Company (Regulatory Top Holder): Independent Bancorp., Limited (RSSDID: 2511313, Location: Little Chute, WI) Date Established: December 06, 1906 WWW:http://www.blccb.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14713 FDIC's unique #: 7419 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 206 East Main Avenue, Little Chute, WI 54140 County: Outagamie 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 Metropolitan Statistical Area (MSA): Appleton-Oshkosh-Neenah, WI (#460) Combined Statistical Area (CSA): Appleton-Oshkosh-Neenah, WI (#118) Core Based Statistical Area (CBSA): Appleton, WI (#11540) CBSA Metro Statistical Area: Appleton, WI (#11540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $199.6 mil Equity capital: $25.6 mil Deposits held in domestic offices: $171.2 mil Return on assets (ROA): 1.69% ($3.4 mil) Quarterly return on assets: 0.83% ($1.7 mil) Return on Equity (ROE): 13.76% ($3.6 mil) Quarterly return on equity: 6.44% ($1.7 mil) Net income: $3.5 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.69% ($3,372.6 mil) Quarterly Pretax return on assets: 0.83% ($1,656.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
26Total employees (full-time equivalent)
$199,560Total assets
$3,178Cash and due from depository institutions
$11Interest-bearing balances
$19,017Securities
$8,650Federal funds sold & reverse repurchase agreements
$163,166Net loans & leases
$5,007Loan loss allowance
$0Trading account assets
$1,259Bank premises and fixed assets
$897Other real estate owned
$259Goodwill and other intangibles
$199,560Life insurance assets
$3,134All other assets
$173,929Total liabilities and capital
$171,150Total liabilities
$142,990Total deposits
$171,150Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$1,779Subordinated debt
$25,631All other liabilities
$25,631Total equity capital
$25,631Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$8,349Surplus
$17,042Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,183Income earned, not collected on loans
$0Earning assets
$565Long-term assets (5+ years)
$190,844Average Assets, year-to-date
$14,536Average Assets, quarterly
$205,902Volatile liabilities
$201,204Insider loans
$165,135FHLB advances
$199,568Loans and leases held for sale
$953Unused loan commitments
$953Tier 1 (core) risk-based capital
$25,021Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,032Restructured Loans and leases
$4,756Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$10,097Total interest income
$2,296Total interest expense
$7,801Net interest income
$1,285Provision for loan and lease losses
$384Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$335Additional noninterest income
$3,449Total noninterest expense
$2,177Salaries and employee benefits
$360Premises and equipment expense
$912Additional noninterest expense
$3,451Pre-tax net operating income
$22Securities gains (losses)
$0Applicable income taxes
$3,473Income before extraordinary items
$0Extraordinary gains - net
$3,473Net income attributable to bank
$0Net charge-offs
$3,473Cash dividends
$1,218Sale, conversion, retirement of capital stock, net
$2,340Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.11%Yield on earning assets
1.16%Cost of funding earning assets
3.95%Net interest margin
0.19%Noninterest income to earning assets
1.75%Noninterest expense to earning assets
1.68%Net operating income to assets
1.69%Return on assets (ROA)
1.69%Pretax return on assets
13.76%Return on equity (ROE)
4.49%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
105.50%Credit loss provision to net charge-offs
3.89%Efficiency ratio
42,138Assets per employee
7.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.38%Loss allowance to loans
2.98%Loss allowance to noncurrent loans
229.36%Noncurrent assets plus other real estate owned to assets
1.79%Noncurrent loans to loans
1.30%Net loans and leases to deposits
95.34%Net loans and leases to core deposits
127.44%Equity capital to assets
12.84%Core capital (leverage) ratio
12.54%Tier 1 risk-based capital ratio
15.15%Total risk-based capital ratio
Memoranda
$16Average assets
$205,902Average earning assets
$25,238Average equity
$197,595Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7419
Blc Community Bank
206 East Main Avenue, Little Chute, WI 54140
December 06, 1906
Full Service Brick and Mortar
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