First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Elmwood, Wisconsin (WI)
Show street view No street view available for this location

First State Bank - Overview

General
FDIC Certificate #: 15226
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens State Bank (#6194)
Federal Reserve ID: 219455
Date Established: January 01, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9580
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: September 29, 1993
Last Structure Change Process Date: October 26, 1993
Last Data Update: October 26, 1993
Data Source Date: April 05, 2012
Location
Address: 601 Main Street, Elmwood, WI 54740
County: Pierce
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): 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: $8.8 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$5Total assets
$9,320Cash and due from depository institutions
$831Interest-bearing balances
$0Securities
$4,815Federal funds sold & reverse repurchase agreements
$124Net loans & leases
$3,364Loan loss allowance
$72Trading account assets
$0Bank premises and fixed assets
$86Other real estate owned
$0Goodwill and other intangibles
$100Life insurance assets
$0All other assets
$0Total liabilities and capital
$9,320Total liabilities
$8,448Total deposits
$8,402Interest-bearing deposits
$7,646Deposits held in domestic offices
8402.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$46Total equity capital
$46Total bank equity capital
$872Perpetual preferred stock
$0Common stock
$60Surplus
$565Undivided profits
Memoranda
$247Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$245Income earned, not collected on loans
$19Earning assets
$8,303Long-term assets (5+ years)
$967Average Assets, year-to-date
$9,272Average Assets, quarterly
$9,374Volatile liabilities
$210Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$22Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$872Total risk weighted assets
$4,489Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$684Total interest expense
$354Net interest income
$330Provision for loan and lease losses
$0Total noninterest income
$53Fiduciary activities
$0Service charges on deposit accounts
$25Trading account gains & fees
$0Additional noninterest income
$28Total noninterest expense
$282Salaries and employee benefits
$173Premises and equipment expense
$30Additional noninterest expense
$79Pre-tax net operating income
$101Securities gains (losses)
$8Applicable income taxes
$30Income before extraordinary items
$79Extraordinary gains - net
$0Net income attributable to bank
$79Net charge-offs
$2Cash dividends
$20Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.20%Cost of funding earning assets
4.25%Net interest margin
3.96%Noninterest income to earning assets
0.64%Noninterest expense to earning assets
3.38%Net operating income to assets
0.79%Return on assets (ROA)
0.85%Pretax return on assets
1.18%Return on equity (ROE)
9.27%Retained earnings to average equity (YTD only)
6.92%Net charge-offs to loans
0.05%Credit loss provision to net charge-offs
0.00%Efficiency ratio
73,629Assets per employee
1.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.32%Loss allowance to loans
2.10%Loss allowance to noncurrent loans
29.39%Noncurrent assets plus other real estate owned to assets
2.63%Noncurrent loans to loans
7.13%Net loans and leases to deposits
40.04%Net loans and leases to core deposits
41.06%Equity capital to assets
9.36%Core capital (leverage) ratio
9.28%Tier 1 risk-based capital ratio
19.42%Total risk-based capital ratio
Memoranda
$21Average assets
$9,272Average earning assets
$853Average equity
$8,339Average loans

First State Bank in Elmwood, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First State Bank in Elmwood, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First State Bank in Elmwood, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches