Bank of Athens in Wausau, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 21, 1994

Bank of Athens in Wausau, Wisconsin (WI)
Show street view No street view available for this location

Bank of Athens - Overview

General
FDIC Certificate #: 12353
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Firstar Bank Wausau, National Association (#18460)
Federal Reserve ID: 447146
Date Established: September 01, 1900
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 7858
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: Febuary 21, 1994
Last Structure Change Process Date: March 17, 1994
Last Data Update: March 17, 1994
Data Source Date: April 05, 2012
Location
Address: 2600 West Stewart Avenue, Wausau, WI 54402
County: Marathon
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Eau Claire
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Wausau, WI (#8940)
Combined Statistical Area (CSA): Wausau-Merrill, WI (#554)
Core Based Statistical Area (CBSA): Wausau, WI (#48140)
CBSA Metro Statistical Area: Wausau, WI (#48140)
Financial Summary
Total assets: $95.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$49Total assets
$95,636Cash and due from depository institutions
$3,833Interest-bearing balances
$0Securities
$19,758Federal funds sold & reverse repurchase agreements
$505Net loans & leases
$68,262Loan loss allowance
$1,241Trading account assets
$0Bank premises and fixed assets
$1,906Other real estate owned
$67Goodwill and other intangibles
$1,305Life insurance assets
$0All other assets
$0Total liabilities and capital
$95,636Total liabilities
$86,780Total deposits
$85,561Interest-bearing deposits
$74,664Deposits held in domestic offices
85561.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$270Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$57All other liabilities
$892Total equity capital
$892Total bank equity capital
$8,856Perpetual preferred stock
$0Common stock
$378Surplus
$4,794Undivided profits
Memoranda
$3,684Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$370Income earned, not collected on loans
$682Earning assets
$88,525Long-term assets (5+ years)
$2,639Average Assets, year-to-date
$99,630Average Assets, quarterly
$98,736Volatile liabilities
$5,675Insider loans
$1,000FHLB advances
$0Loans and leases held for sale
$973Unused loan commitments
$9,350Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,856Total risk weighted assets
$68,442Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$7,313Total interest expense
$3,480Net interest income
$3,833Provision for loan and lease losses
$534Total noninterest income
$1,671Fiduciary activities
$0Service charges on deposit accounts
$264Trading account gains & fees
$0Additional noninterest income
$1,407Total noninterest expense
$3,390Salaries and employee benefits
$1,905Premises and equipment expense
$511Additional noninterest expense
$974Pre-tax net operating income
$1,580Securities gains (losses)
-$7Applicable income taxes
$535Income before extraordinary items
$1,038Extraordinary gains - net
-$45Net income attributable to bank
$993Net charge-offs
$122Cash dividends
$236Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.78%Cost of funding earning assets
3.70%Net interest margin
4.08%Noninterest income to earning assets
1.78%Noninterest expense to earning assets
3.61%Net operating income to assets
1.05%Return on assets (ROA)
1.00%Pretax return on assets
1.53%Return on equity (ROE)
11.69%Retained earnings to average equity (YTD only)
8.91%Net charge-offs to loans
0.18%Credit loss provision to net charge-offs
437.70%Efficiency ratio
61,592Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.77%Loss allowance to loans
1.79%Loss allowance to noncurrent loans
335.41%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
0.53%Net loans and leases to deposits
79.78%Net loans and leases to core deposits
85.16%Equity capital to assets
9.26%Core capital (leverage) ratio
9.04%Tier 1 risk-based capital ratio
12.94%Total risk-based capital ratio
Memoranda
$14Average assets
$99,630Average earning assets
$8,494Average equity
$94,033Average 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 of Athens.
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.