Chippewa Valley Bank in city_name, state_name - Detailed Financial Reports, Location

Chippewa Valley Bank in Winter, Wisconsin (WI)
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Chippewa Valley Bank routing number info

Chippewa Valley Bank - Overview

General
FDIC Certificate #: 12322
Status: Active
Federal Reserve ID: 779650
Bank Holding Company (Regulatory Top Holder): Chippewa Valley Agency, Ltd. (RSSDID: 1122963, Location: Bruce, WI)
Date Established: January 01, 1917
WWW: http://www.chippewavalleybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
FDIC's unique #: 7835
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: August 07, 2007
Last Structure Change Process Date: August 27, 2008
Last Data Update: August 27, 2008
Data Source Date: April 05, 2012
Location
Address: 5150 North Main Street, Winter, WI 54896
County: Sawyer
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
History of Changes
Office Purchased
Financial Summary
Total assets: $248.1 mil
Equity capital: $21.6 mil
Deposits held in domestic offices: $212.3 mil
Return on assets (ROA): 1.25% ($3.1 mil)
Quarterly return on assets: 0.63% ($1.6 mil)
Return on Equity (ROE): 14.76% ($3.2 mil)
Quarterly return on equity: 7.38% ($1.6 mil)
Net income: $3.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.25% ($3,101.1 mil)
Quarterly Pretax return on assets: 0.63% ($1,562.9 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
59Total employees (full-time equivalent)
$248,087Total assets
$45,576Cash and due from depository institutions
$41,218Interest-bearing balances
$7,317Securities
$5,321Federal funds sold & reverse repurchase agreements
$179,308Net loans & leases
$2,503Loan loss allowance
$0Trading account assets
$4,885Bank premises and fixed assets
$2,403Other real estate owned
$502Goodwill and other intangibles
$248,087Life insurance assets
$2,775All other assets
$226,494Total liabilities and capital
$212,350Total liabilities
$189,238Total deposits
$212,350Interest-bearing deposits
$76Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$14,000Trading liabilities
$0Other borrowed funds
$144Subordinated debt
$21,593All other liabilities
$21,593Total equity capital
$21,593Total bank equity capital
$0Perpetual preferred stock
$120Common stock
$2,630Surplus
$18,843Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,685Income earned, not collected on loans
$0Earning assets
$1,342Long-term assets (5+ years)
$233,164Average Assets, year-to-date
$16,799Average Assets, quarterly
$244,400Volatile liabilities
$252,577Insider loans
$181,734FHLB advances
$253,718Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,092Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,316Restructured Loans and leases
$4,564Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,667Total interest income
$1,995Total interest expense
$9,672Net interest income
$436Provision for loan and lease losses
$982Total noninterest income
$0Fiduciary activities
$820Service charges on deposit accounts
$0Trading account gains & fees
$162Additional noninterest income
$7,165Total noninterest expense
$4,152Salaries and employee benefits
$881Premises and equipment expense
$2,132Additional noninterest expense
$3,053Pre-tax net operating income
$0Securities gains (losses)
$3Applicable income taxes
$3,050Income before extraordinary items
$0Extraordinary gains - net
$3,050Net income attributable to bank
$0Net charge-offs
$3,050Cash dividends
$239Sale, conversion, retirement of capital stock, net
$1,648Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
0.87%Cost of funding earning assets
4.20%Net interest margin
0.43%Noninterest income to earning assets
3.11%Noninterest expense to earning assets
1.25%Net operating income to assets
1.25%Return on assets (ROA)
1.25%Pretax return on assets
14.76%Return on equity (ROE)
6.79%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
182.43%Credit loss provision to net charge-offs
14.60%Efficiency ratio
67,252Assets per employee
4.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.03%Loss allowance to loans
1.38%Loss allowance to noncurrent loans
44.03%Noncurrent assets plus other real estate owned to assets
3.26%Noncurrent loans to loans
3.13%Net loans and leases to deposits
84.44%Net loans and leases to core deposits
93.68%Equity capital to assets
8.70%Core capital (leverage) ratio
8.31%Tier 1 risk-based capital ratio
11.61%Total risk-based capital ratio
Memoranda
$13Average assets
$244,400Average earning assets
$20,657Average equity
$230,485Average loans

List of branches

10 Wisconsin Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7835	Chippewa Valley Bank	5150 North Main Street, Winter, WI 54896	January 01, 1917	Full Service Brick and Mortar
1	226839	Radisson Branch	Main Street, Radisson, WI 54867	November 18, 1937	Full Service Brick and Mortar
2	226840	Bruce Branch	607 Main Street, Bruce, WI 54819	July 02, 1990	Full Service Brick and Mortar
3	226841	Hayward Branch	608 Minnesota Avenue, Hayward, WI 54843	July 06, 1994	Full Service Brick and Mortar
4	226842	Weyerhaeuser Branch	W14334 Hwy 8 - Po Box 256, Weyerhaeuser, WI 54895	April 19, 1999	Full Service Brick and Mortar
5	423082	Lake Nebagamon	Lake Avenue, Lake Nebagamon, WI 54849	August 25, 2003	Full Service Brick and Mortar
6	431392	Lac Du Flambeau Branch	602 Peacepipe Lane, Lac Du Flambeau, WI 54538	August 09, 2004	Full Service Brick and Mortar
7	269212	Iron River Branch	68240 S. Main Street, Iron River, WI 54847	January 01, 1902	Full Service Brick and Mortar
8	269213	Bayfield Branch	117 South Broad Street, Bayfield, WI 54814	January 01, 1902	Full Service Brick and Mortar
9	506557	Washburn Office	104 Washington Avenue, Washburn, WI 54891	March 01, 2010	Full Service Brick and Mortar

Chippewa Valley Bank in Winter, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Chippewa Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Chippewa Valley Bank in Winter, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

Chippewa Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Chippewa Valley Bank in Winter, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches