FDIC Certificate #: 15906 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Alliance Bank (#12511) Federal Reserve ID: 387457 Date Established: August 12, 1942 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 11795 FDIC's unique #: 10138 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: August 12, 1942 Last Structure Change Effective Date: January 01, 2003 Last Structure Change Process Date: January 14, 2003 Last Data Update: January 14, 2003 Data Source Date: April 05, 2012
Location
Address: 103 South Main Street, Cochrane, WI 54622 County: Buffalo 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
Financial Summary
Total assets: $39.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
14Total employees (full-time equivalent)
$39,509Total assets
$1,388Cash and due from depository institutions
$298Interest-bearing balances
$10,943Securities
$2,922Federal funds sold & reverse repurchase agreements
$21,667Net loans & leases
$806Loan loss allowance
$0Trading account assets
$912Bank premises and fixed assets
$109Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,568All other assets
$39,509Total liabilities and capital
$37,258Total liabilities
$36,191Total deposits
$33,052Interest-bearing deposits
$36,191Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$700Other borrowed funds
$0Subordinated debt
$367All other liabilities
$2,251Total equity capital
$2,251Total bank equity capital
$2,251Perpetual preferred stock
$0Common stock
$162Surplus
$1,213Undivided profits
Memoranda
$876Noncurrent loans and leases
$1,027Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,743Earning assets
$450Long-term assets (5+ years)
$125Average Assets, year-to-date
$35,830Average Assets, quarterly
$5,203Volatile liabilities
$41,555Insider loans
$39,813FHLB advances
$3,418Loans and leases held for sale
$0Unused loan commitments
$700Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,027Total unused commitments
$0Restructured Loans and leases
$330Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,336Total interest income
$1,147Total interest expense
$1,189Net interest income
$843Provision for loan and lease losses
$231Total noninterest income
$0Fiduciary activities
$59Service charges on deposit accounts
$0Trading account gains & fees
$172Additional noninterest income
$1,110Total noninterest expense
$573Salaries and employee benefits
$135Premises and equipment expense
$402Additional noninterest expense
-$533Pre-tax net operating income
$8Securities gains (losses)
$8Applicable income taxes
-$533Income before extraordinary items
$0Extraordinary gains - net
-$533Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$427Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.16%Yield on earning assets
3.02%Cost of funding earning assets
3.13%Net interest margin
0.61%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
-1.30%Net operating income to assets
-1.28%Return on assets (ROA)
-1.26%Pretax return on assets
-21.92%Return on equity (ROE)
-21.92%Retained earnings to average equity (YTD only)
1.76%Net charge-offs to loans
197.42%Credit loss provision to net charge-offs
0.73%Efficiency ratio
78,169Assets per employee
2.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.59%Loss allowance to noncurrent loans
46.24%Noncurrent assets plus other real estate owned to assets
4.69%Noncurrent loans to loans
7.76%Net loans and leases to deposits
59.87%Net loans and leases to core deposits
66.11%Equity capital to assets
5.70%Core capital (leverage) ratio
4.89%Tier 1 risk-based capital ratio
7.50%Total risk-based capital ratio
Memoranda
$9Average assets
$41,555Average earning assets
$2,432Average equity
$37,939Average loans
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