FDIC Certificate #: 12323 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens State Bank (#6194) Federal Reserve ID: 59558 Date Established: August 17, 1903 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7836 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 14, 1998 Last Structure Change Process Date: May 01, 1998 Last Data Update: May 01, 1998 Data Source Date: April 05, 2012
Location
Address: 500 West Boulevard, Roberts, WI 54023 County: St. Croix Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Kansas City FDIC Field Office: Eau Claire Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $14.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
4Total employees (full-time equivalent)
$14,411Total assets
$1,264Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$3,300Federal funds sold & reverse repurchase agreements
$7,689Net loans & leases
$61Loan loss allowance
$0Trading account assets
$504Bank premises and fixed assets
$457Other real estate owned
$959Goodwill and other intangibles
$0Life insurance assets
$238All other assets
$14,411Total liabilities and capital
$12,501Total liabilities
$12,415Total deposits
$9,381Interest-bearing deposits
$12,415Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$86All other liabilities
$1,910Total equity capital
$1,910Total bank equity capital
$1,910Perpetual preferred stock
$0Common stock
$100Surplus
$1,978Undivided profits
Memoranda
$-168Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$38Earning assets
$0Long-term assets (5+ years)
$62Average Assets, year-to-date
$10,989Average Assets, quarterly
$2,101Volatile liabilities
$13,310Insider loans
$14,075FHLB advances
$1,843Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$368Total unused commitments
$0Restructured Loans and leases
$8,585Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,035Total interest income
$410Total interest expense
$625Net interest income
-$19Provision for loan and lease losses
$177Total noninterest income
$0Fiduciary activities
$102Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$858Total noninterest expense
$178Salaries and employee benefits
$163Premises and equipment expense
$517Additional noninterest expense
-$37Pre-tax net operating income
$0Securities gains (losses)
$16Applicable income taxes
-$53Income before extraordinary items
$0Extraordinary gains - net
-$53Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.40%Yield on earning assets
3.72%Cost of funding earning assets
5.68%Net interest margin
1.61%Noninterest income to earning assets
7.79%Noninterest expense to earning assets
-0.40%Net operating income to assets
-0.40%Return on assets (ROA)
-0.28%Pretax return on assets
-4.36%Return on equity (ROE)
-4.36%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
-90.48%Credit loss provision to net charge-offs
-2.67%Efficiency ratio
105,611Assets per employee
3.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
160.53%Noncurrent assets plus other real estate owned to assets
3.43%Noncurrent loans to loans
0.49%Net loans and leases to deposits
61.93%Net loans and leases to core deposits
72.73%Equity capital to assets
13.25%Core capital (leverage) ratio
7.46%Tier 1 risk-based capital ratio
11.08%Total risk-based capital ratio
Memoranda
$12Average assets
$13,310Average earning assets
$1,217Average equity
$11,010Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank St. Croix.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: