FDIC Certificate #: 29293 Status: Active Federal Reserve ID: 28675 Date Established: January 01, 1934 WWW:http://www.cumberlandfederal.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3234 FDIC's unique #: 42127 Numeric code: 34 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: Febuary 13, 1935 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 1390 Second Avenue, Cumberland, WI 54829 County: Barron 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
Change in Primary Regulatory Agency
Financial Summary
Total assets: $82.8 mil Equity capital: $10.4 mil Deposits held in domestic offices: $69.8 mil Return on assets (ROA): 0.72% ($0.6 mil) Quarterly return on assets: 0.53% ($0.4 mil) Return on Equity (ROE): 6.08% ($0.6 mil) Quarterly return on equity: 4.35% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.14% ($944.3 mil) Quarterly Pretax return on assets: 0.88% ($729.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$82,837Total assets
$3,910Cash and due from depository institutions
$2,442Interest-bearing balances
$30,381Securities
$0Federal funds sold & reverse repurchase agreements
$46,652Net loans & leases
$534Loan loss allowance
$0Trading account assets
$744Bank premises and fixed assets
$20Other real estate owned
$174Goodwill and other intangibles
$82,837Life insurance assets
$956All other assets
$72,472Total liabilities and capital
$69,751Total liabilities
$67,676Total deposits
$69,751Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$721Subordinated debt
$10,365All other liabilities
$10,365Total equity capital
$10,365Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$10,365Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$808Income earned, not collected on loans
$0Earning assets
$327Long-term assets (5+ years)
$79,475Average Assets, year-to-date
$0Average Assets, quarterly
$84,812Volatile liabilities
$84,420Insider loans
$47,467FHLB advances
$82,253Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,462Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,760Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,487Total interest income
$922Total interest expense
$2,565Net interest income
$121Provision for loan and lease losses
$452Total noninterest income
$0Fiduciary activities
$4Service charges on deposit accounts
$0Trading account gains & fees
$448Additional noninterest income
$1,931Total noninterest expense
$987Salaries and employee benefits
$556Premises and equipment expense
$388Additional noninterest expense
$965Pre-tax net operating income
$0Securities gains (losses)
$355Applicable income taxes
$610Income before extraordinary items
$0Extraordinary gains - net
$610Net income attributable to bank
$0Net charge-offs
$610Cash dividends
$62Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.27%Yield on earning assets
1.13%Cost of funding earning assets
3.14%Net interest margin
0.55%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.72%Net operating income to assets
0.72%Return on assets (ROA)
1.14%Pretax return on assets
6.08%Return on equity (ROE)
6.08%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
195.16%Credit loss provision to net charge-offs
17.52%Efficiency ratio
64,004Assets per employee
4.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
66.09%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
1.71%Net loans and leases to deposits
66.88%Net loans and leases to core deposits
70.41%Equity capital to assets
12.51%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
19.93%Total risk-based capital ratio
Memoranda
$21Average assets
$84,812Average earning assets
$10,028Average equity
$81,626Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42127
Cumberland Federal Bank, Fsb
1390 Second Avenue, Cumberland, WI 54829
January 01, 1934
Full Service Brick and Mortar
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